How does the government help the growth of the economy? It is a fact that no society throughout history has ever obtained a high level of economic affluence without a government. Economic growth is a term that is generally measured through GDP the gross domestic product in a country or region over a certain period of time and its consisted of economists‚ governments and individuals Economic growth usually results from producing more goods and services that requires productivity growth. Productivity
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efficiency‚ and even to gain competitive advantage. The introduction of IT is likely to cause changes in work procedures and increase computer knowledge among the employees. IT can help in controlling and reporting each single activity done by the employees and help the management to take an appropriate strategic decision. Also IT does create value that is reflected in the market value of firms and in their future profitability although it is hard to address empirically because of difficulties in obtaining
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What is really meant by success? We are different individuals with different views and ideas about a certain matter. And every time we are asked about our dream in life‚ we often say that we want to be successful in life. The question is what is meant by success? When can we say that you are already successful? Our professor (Ma’am Jimenez) asked this during our last class prior to our examination in her class. We had offcourse our own definitions and indicators of success. Well‚ some of my
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P3 - Outline what is meant by the terms ‘conformity’ and ‘obedience’ with reference to the public services. Obedience and Conformity are both highly looked upon in the public service sector‚ this is because to be a successful team in public services you have to be able to work together successfully as a team and obedience and conformity both are a desired attribute when the public service department are recruiting. Conformity- when you change your behaviour or actions to fit in with people
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Chapter 12 2. What is consumption smoothing? How does insurance help people smooth consumption? When consumption goes from a period of high consumption to a period of low consumption. For example‚ if a person does not save money at all while they work in order to live a high maintenance lifestyle then they suddenly get laid off‚ they must greatly reduce their consumption because they can no longer support their lifestyle. Insurance helps people smooth consumption because it helps them defend against
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1. Describe what Montessori meant by ‘’New Education’’? Maria Montessori believed that despite economic and technological development there are conflicts and sufferings instead of peace and harmony in our modern world. She believed that the prevailing social problems were unfulfilled and can only be fulfilled by educating the youth for the generation of balanced adults who would contribute towards world peace. By ‘’New Education’’ she meant that we could set up a new education system that could
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DOES M&A ACTIVITY ADD VALUE? A LITERATURE REVIEW AND CASE STUDY Abstract In this paper we explore the motivations for corporate acquisitions and critically evaluate whether acquisitions add to shareholder wealth – both from an acquirer and target perspective. We find that the time period over which shareholder wealth is measured‚ the payment form and the nature of the bid all have an effect on the findings. A case study of the ABN AMRO acquisition by RBS is examined to validate the findings from
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Explain what is meant by the ideal pupil In classrooms‚ many teachers labelled and classified certain students to their ethical and academic backgrounds. Becker concluded the common image of the ‘ideal pupil’ as being intelligent‚ well behaved‚ motivated and usually from a middle class background. Suggest three reasons why students from the upper social classes and those who have attended independent schools are more likely to gain places at elite universities such as LSE and Oxbridge even when
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Explain what is meant by the term ‘Feminisation of Poverty thesis’! Illustrate this by including examples of social policy which have a negative impact on women. DRAFT ONE This essay will attempt to establish if politics introduced over the past decade have managed to eradicate the inequalities that women are faced with in a modern society. Due to the word limit of this essay it will only give firstly a brief explanation of the meaning of the term feminine- proceeding to poverty before moving
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Mehdi Al-Katib AHE Int. Politics – Development 26/03/11 To what extent does globalisation help economic development? Joseph Stiglitz‚ Nobel Laureate and former World Bank Chief Economist defined globalisation as “Fundamentally‚ the closer integration of countries and people of the world which has been brought about by the enormous reduction of costs of transportation and communication‚ the breaking down of artificial barriers to the flow of goods‚ services‚ capital‚ knowledge
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