market fails‚ the gains from voluntary exchange have not been fully exhausted‚ and so it follows that the free market has not maximized the value of economic activity. In these situations‚ the government intervenes to correct the market failure. One area of market failure is often seen with the externalities of merit and demerit goods. Sometimes people do not realize‚ or ignore the costs‚ of doing something related to their consumption of these goods that have negative externalities. When there becomes
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Introduction ICT (information and communications technology) is a term that includes any communication device such as radio‚ television‚ newspaper‚ cellular phones‚ computer and network hardware and software‚ satellite systems and so on‚ as well as the various services and applications associated with them‚ such as videoconferencing and distance learning. ICT development Index The ICT Development Index (IDI) is a composite index combining 11 indicators into one benchmark value (presented on
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I agree with many of the points Prager makes in “New High School Principal: A Speech every American High School Principal should Give.” It is absolutely time for a change to return back to the values and foundation our nation was built upon. It seems as though they have been gradually lost over the years. This is especially seen in the school system of America. In my opinion‚ the most shocking part of the article is when Prager states‚ “Now‚ please stand and join me in the Pledge of Allegiance to
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conducting principal’s business 164. An agent is bound to conduct the business of his principal according to the directions given by the principal‚ or‚ in the absence of any such directions‚ according to the custom which prevails in doing business of the same kind at the place where the agent conducts the business. When the agent acts otherwise‚ if any loss be sustained‚ he must make it good to his principal‚ and‚ if any profit accrues‚ he must account for it. ILLUSTRATIONS (a) A‚ an agent engaged
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in compensation from this employee for keeping quiet. Many people would “black male” this person until they received the what they felt was a fair amount of money to not say anything‚ others would go directly to their employer to let them know what has been going on at their place of employment. Many people make very poor judgment decisions. Some may base their decisions on what is the ethical thing to do. Ethics are the structural foundations of the world as we know it. Ethics are the way businesses
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Longman choose for area sales manager and why? Mr. Lester Longman should choose Steven Bellach. I think the key point of choosing Mr. Bellach or Ms. Bell for a senior area sales manager is which person is a proper sales manager who not only keeps the sales growth‚ but also has strong talent to motivate sales representatives. There is already an action by Mr. Longman that we cannot ignore; he already spent a lot of his time and expense choosing sales representatives in each area. If the person cannot
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Unit 22 – Task 1 P1 Research is carried out for many reasons; some of these reasons include taking a snapshot of society‚ this is where sociologists go into a certain area and gain knowledge about that particular area. Usually the sociologists will find some issues with that particular place and try make some improvements on those issues. Improvements are focused on issues such as teenage pregnancy‚ abortion and drug and alcohol misuse. Another reason for researching into issues within health and
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of every agent is to act within the scope of the authority conferred upon him and perform the agency work according to the directions given by the principal. When the agent acts otherwise‚ if any loss be sustained‚ he must make it good to the principal‚ and if any profit accrues‚ he must account for it. Illustrations: (a) Where the principal instructed the agent to warehouse the goods at a particular place and the agent warehoused them at a different warehouse which was equally safe‚
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What are the advantages and disadvantages of the two principal methods of gathering data - the questionnaire and the interview? Two principal methods of gathering data are questionnaires and the interview. Both of these methods have advantages and disadvantages which must be considered before utilizing information so the best method suited for the particular scenario is picked. Interviews provide more opportunity for participants to clarify and elaborate giving more detail to their answers. Care
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Journal of Health Psychology http://hpq.sagepub.com/ What is Good Qualitative Research?: A First Step towards a Comprehensive Approach to Judging Rigour/Quality Jane Meyrick J Health Psychol 2006 11: 799 DOI: 10.1177/1359105306066643 The online version of this article can be found at: http://hpq.sagepub.com/content/11/5/799 Published by: http://www.sagepublications.com Additional services and information for Journal of Health Psychology can be found at: Email Alerts: http://hpq.sagepub
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