...Week 2 University of Phoenix Eco/GM 561 When a country decides on something that they are going to produce this product has to set them apart from other countries. A country bases their product on factors such as how much it costs them to produce it and if it sets them apart from the competition. A comparative advantage is the driving force of production for every country. In this paper we will discuss comparative advantage, abundant factors in the production of certain products, recommendations for the country to specialize in, and industries the country of my choice protects (if any). For the purpose of this paper I have chosen to explore the Netherlands and their comparative advantage. I chose this country for personal reasons as my father was born and raised in The Netherlands until he came to the United States at sixteen years of age. When you first think of the Netherlands you might think cheese or Tulips as they are well known for both of those products. The Netherlands has a high comparative advantage when it comes to skilled labor intensive work. First, let’s explore what comparative advantage is. Investopedia.com explains comparative advantage as “an economic law that demonstrates the ways in which protectionism is unnecessary in free trade. Comparative advantage argues that free trade works even if one partner in a deal holds absolute advantage in all areas of production- that is, one partner makes products cheaper, better and faster than its trading partner”...
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...Paper-I Principles of Geography Physical Geography i) Geomorphology : Factors controlling landform development; endogenetic and exogenetic forces; Origin and evolution of the earth’s crust; Fundamentals of geomagnetism; Physical conditions of the earth’s interior; Geosynclines; Continental drift; Isostasy; Plate tectonics; Recent views on mountain building; Vulcanicity; Earthquakes and Tsunamis; Concepts of geomorphic cycles and Landscape development ; Denudation chronology; Channel morphology; Erosion surfaces; Slope development ;Appl ied Geomorphology: Geohydrology, economic geology and environment ii) Climatology : Temperature and pressure belts of the world; Heat budget of the earth; Atmospheric circulation; atmospheric stability and instability. Planetary and local winds; Monsoons and jet streams; Air masses and fronto genesis, Temperate and tropical cyclones; Types and distribution of precipitation; Weather and Climate; Koppen’s, Thornthwaite’s and Trewartha’s classification of world climates; Hydrological cycle; Global climatic change and role and response of man in climatic changes, Applied climatology and Urban climate. iii) Oceanography : Bottom topography of the Atlantic, Indian and Pacific Oceans; Temperature and salinity of the oceans; Heat and salt budgets, Ocean deposits; Waves, currents and tides; Marine resources: biotic, mineral and energy resources; Coral reefs, coral bleaching; sealevel changes; law of the sea and marine pollution. iv) Biogeography :...
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...World cities Lesson preparation sheets Topics and syllabus outline The global pattern: millionaire cities, mega cities and world cities. Economic development and change related to urbanisation. Contemporary urbanisation processes Urbanisation: characteristics, causes and effects. Suburbanisation: characteristics, causes and effects. Counter-urbanisation: characteristics, causes and effects. Re-urbanisation: characteristics, causes and effects. Planning and management issues. Contrasting case studies within countries at different levels of economic development to demonstrate the above. Urban decline and regeneration within urban areas Characteristics and causes of urban decline. Urban regeneration: gentrification, property-led regeneration schemes, partnership schemes between local and national governments and the private sector. Retailing and other services The decentralisation of retailing and other services – causes and impacts. One case study of an out-of-town centre retailing area. The redevelopment of urban centres – impacts and responses, including one case study of an urban centre that has undergone redevelopment. Contemporary sustainability issues in urban areas Waste management: recycling and its alternatives. Transport and its management: the development of integrated, efficient and sustainable systems. |Topic: World Cities - Economic development and change related to |Unit 3 –World Cities– Contemporary geographical issues ...
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...It started out as a life style business to become a high potential venture, far exceeding original expectations and forecasts. The case is thought provoking as the business becomes highly successful, and raises new conflicts and decisions for Roxanne. It also poses the harvest issue, collisions with personal goals and values, and the like Performing SWOT and a bit of TOWS (formulating strategies) includes general environment (PESTL), Porter’s 5 Forces of Competition (P5F) and competitor’s analyses. Weak or “pass” answers merely describe obvious strengths, weaknesses and opportunities are... and do not contain assessments of these and/or of the industry as they have unlikely defined things or setup criteria or exhibit weak understanding. Note: P5F analysis is at times not properly conduct ...it is really about the profitability and attractiveness of an industry; in this case BB does operate across a few industries i.e. natural product manufacturing, thinking about entry into natural products retailing. Arguably BB is also specifically in the...
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...Introduction Robinson and Novelli (2005) note ‘niche tourism’ has become a growing trend occurring in current years in contrast to what is frequently related to as ‘mass tourism’. Cusack and Dixon (2006) add niche tourism is known to present diversity and provide opportunities with a form of tourism that aims towards sustainability alongside considering expenditure from tourists. Furthermore, it suggests a more practical set of strategies that distinguishes tourists. Gartner (1996) demonstrates how niche tourism consists of distinct interests, culture and/or activity built tourism including small proportion of tourist in authentic surroundings. Moreover, niche tourism can fall into more specific categories where cultural, environmental, rural and urban sectors are different components to consider when understanding the concept niche tourism (Robinson and Novelli, 2005). Drawing on key literature about eco-tourism planning and how ecotourism is marketed, this report studies the ecotourism prospects in Costa Rica. It also examines elements impacting this specific type of niche which considers the consistent alterations to make the destination more sustainable for tourists. This report will firstly focus on understanding the concept of ecotourism and the principles implemented. This leads on to discussion for focusing on the case study of Costa Rica and how it has developed into an ecotourism destination. Furthermore, a critical discussion of the approaches undertaken by the...
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...Demographic changes are being monitored on traditional and on the existing outbound markets respectively, since these are two markets having various influence factors on the individual exogenous changes which influence development of international tourism. Recent developments in Tourism on the 21st Century Introduction Tourism is a significant economic factor of nations worldwide. Not only does this help contribute to overall economic gain, but this also enable countries to share their natural resources, gain international recognition and attract prospects for further business transactions. Despite the rise of previous tourism obstacles such as epidemic and terrorism attacks, countries from all over the world attempt to revive their tourism industry through extensive marketing and development. Indeed, the start of the 21st century witnessed various growing tourism trends that other nations followed and applied. Among these are the developments observed in global tourism’s latest visitor attractions. Thus, in this brief essay, the different tourism trends worldwide will be described. How these trends had affected the latest visitor attractions will also be discussed. Latest Trends Sports Tourism Sports in general have been an important aspect of global culture; it is in the conduction of sports where language and cultural barriers are replaced by the universal eagerness for such activities. Recently, several sports activities are being held in different countries...
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...Total No. of Questions : 4] [Total No. of Printed Pages : 2 [3874]-101 B. B. M. (I.B.) ( Semester - I ) Examination - 2010 INDIAN BUSINESS ENVIRONMENT (New 2008 Pattern) Time : 3 Hours] Instructions : (1) All questions are compulsory. (2) Figures to the right indicate full marks. [Max. Marks : 80 Q.1) Answer in 20 words each : (Any Ten) (1) (2) (3) (4) (5) (6) (7) (8) (9) Define Environment. Parallel Economy Causes of Regional Imbalance Economic Environment Two Examples of Topography affecting Business Infrastructure Conservation of Resources Sustainable Development Water Resource Management [20] (10) List down any two effects of Global Warming on India. (11) Mention any two examples about effect of Technology on Business Environment. (12) Kyoto Protocol (13) Noise Pollution [3874]-101 1 P.T.O. Q.2) Answer in 50 words each : (Any Two) (a) (b) (c) (d) Explain concept of Indian Business Environment. Explain in brief about Green House Effect. Describe effects of River Pollution. Mention causes of Regional Imbalance. [10] Q.3) Answer the following in 150 words each : (Any Two) (a) (b) (c) (d) Describe Impact of Climate on Business Environment. Discuss Causes of Poverty. Explain Role of Tradition in Setting of Business Development. Give brief account on types of Resources. [20] Q.4) Answer the following in 300 words each : (Any Two) (a) (b) (c) (d) Examine in detail need of Environmental Studies for Business. Explain Principles of Conservation of Resources for Sustainable...
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...Conflict between Governments Macroeconomic Objectives Munene Morris Introduction The aim of this paper is to discuss conflict between government and macro-economic objectives with a special focus on UK economy. It is good to note that over the recent times, the economy of the United Kingdom has passed through extreme turbulent times and it has been facing many challenges on its recovery (Acocella and Jones 2015). The banking crisis that has been witnessed in the recent past has pointed out many economic issues which have created an intensive debate on policy amendment within the UK government. This essay therefore, considers key economic variables as important indicators in analyzing the state of UK economy and more on the influence created by macro-economic objectives and policies that can move the economy out of recession. The paper also considers what may likely to happen on the economy in the coming years and the effect posed by the present policy decisions. Finally the UK may likely to face major threats including losing a Triple A credit rating. However, despite of the present threats, it is good to consider the opportunities that can be realized from the economy that is recovering. Considering the issue of macroeconomics, the most important issue to consider is whether the markets are left alone or not, normally suggesting, in regard to the long run economic equilibrium. If at no cost the function of market has led to an inclusive service level on...
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...Functionalism, strain and Subcultural theories Durkheim’s functionalist theory Functionalism – society based on value consensus. Members of society sharing common culture. In order to achieve this, two things needed: - Socialisation – helps ensure individuals share the same norms and values. Shows the way to act. - Social control – rewards for conformity and punishment for deviance. Controls behaviour. Inevitability of crime – functionalists see crime as inevitable and universal. Every society has crime. Two reasons why crime and deviance are in all societies: - No everyone is equally socialized into norms and values. Some are likely to be deviant. - Diversity of lifestyle and values. Different groups have their own subcultures with distinctive norms and values. Some may see deviant acts as normal. > Durkheim says in modern societies there is tendency towards anomie. The rules for behaviour become weaker and less clear-cut. This is because modern societies have a complex division of labour meaning individuals become more different from each other. Crime is more likely. Positive functions of crime – it also performs two positive functions Boundary maintenance - produces a reaction from society, uniting members in disapproval of criminals and reinforcing their commitment to shared norms and values. Adaptation and change – all change starts with an act of deviance. There must be scope to challenge existing norms and values and this will seem deviant in the...
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...80 Int. J Latest Trends Fin. Eco. Sc. Vol-2 No. 1 March 2012 The Impact of Information and Communication Technology on Banks‟ Performance and Customer Service Delivery in the Banking Industry Alhaji Abubakar Aliyu, Rosmaini Bin HJ Tasmin Department of Technology Management Faculty of Technology Management, Business and Entrepreneurships Universiti Tun Hussein Onn Malaysia, 86400, Parit Raja, Batu Pahat, Darul Ta’zim, Johor, Malaysia hp090012@siswa.uthm.edu.my rosmaini@uthm.edu.my Abstract - Information and communication technology (ICT) has become the heart of banking sector, while banking industry is the heart of every robust economy. If it collapses so will the economy. This is absolutely evident from current recession in European banks crises, and in turn. The effect of globalization, competition and innovation in the banking industry by its providers to offer their services makes essential the understanding of how various aspects of consumer behaviour affect the innovation and respond to customer service delivery. Within this context this paper has considered a critical literature review of previous researchers with the objective to examine the impact of Information and Communication Technology on banks performance and customer service delivery. This paper also makes of a critical review of peer reviewed, scholarly and organizational literature regarding the impact of ICT on banks’ performance to examine if banks have successfully achieved effective customer’s service...
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...Crime and Deviance AN INTRODUCTION TO CRIME AND DEVIANCE Definitions * Crime- An act which breaks the criminal laws of society. * Deviance- refers to the behaviour which is disapproved of by most people in society and which does not conform to society's norms and values. TOPIC 1: FUNCTIONALIST, STRAIN AND SUBCULTURAL THEORIES Durkheim's functionalist theory: * Socialisation and Social control are two key mechanisms which allow social solidarity to occur in society. The inevitability of crime: * Functionalists see too much crime as destabilising society. * They also see crime as inevitable and universal- Durkheim, 'crime is normal... an integral part of all healthy societies.' * There are two reasons why C&D are found in all societies; 1.Not everyone is equally effectively socialised into the shared norms and values. 2. Different groups develop their own subculture and what the members of the subculture regard as normal, mainstream culture may see as deviant. * Durkheim also discusses that in modern societies there is a tendency towards anomie (normlessness). The diversity of modern societies means that the collective conscience is weakened, and this results in higher levels of C&D. The positive functions of crime: * For Durkheim, crime also fulfils two important functions; boundary maintenance and adaptation. * Boundary Maintenance- In Durkheim's view, the purpose of punishment is to reaffirm society's shared rules and reinforces...
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...COUNT: 2,972 Brand Origins (See appendix 1) Strategic Brand Analysis Customer Analysis The Body Shop segments its target market psychographically. This is because their target market is defined entirely on their outlook and opinion on body care products, as opposed to targeting towards a certain age group. Typically adult females, the target consumer of The Body Shop would be one that is willing to sacrifice a low cost, for the benefit of high quality. It is likely that they will have an interest in issues such as recycling and ethical trade, and also be open-minded to experiencing new products with unconventional ingredients, which is why they would choose The Body Shop over a typical supermarket brand. Interbrand (2011) notes The Body Shop as a brand that has created a halo around its products due to its sustainable innovation, which is why customers choose it over other brands. Customers of The Body Shop buy from there because the brand’s unique ethics satisfy emotional benefits when they buy something from the shop. The ingredients are natural and ethically purchased, the packaging is recycled, and the price they are paying is guaranteeing them quality. In terms of functional benefits, The Body Shop does not tend to use chemicals or manmade ingredients in its products, and so therefore there is less chance that a...
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...CSR and EDUCATION 1A Kalyani, Assistant Professor, NBN SSOCS, Pune Dist, koukuntla.kalyani@gmail.com 2Dr. K E Balachandrudu Professor & HOD-CSE, PRRMEC, SHABAD – R R Dist. Kebalu.chinni@gmail.com Abstract Universities, especially private ones are in need of strong corporate strategies in order to be successful in the highly competitive education industry. In this respect, Corporate Social Responsibility (CSR) becomes one of the highly preferred strategies by higher education institutions for gaining a good reputation and a competitive advantage. The major finding of the study is that in order for an institution to be successful in CSR strategy, CSR actions has to be internalized and must be supported by the management. In India companies like TATA and Birla are practicing the Corporate Social Responsibility (CSR) for decades , long before CSR become a popular basis. In spite of having such good glorious examples; In India CSR is in a very much budding stage. A lack of understanding, inadequately trained personnel, coverage, policy etc. further adds to the reach and effectiveness of CSR programs. Large no. of companies are undertaking these activities superficially and promoting/ highlighting the activities in Media. Keywords: Corporate social responsibility, higher education, competitive advantage, Societal Marketing, reputation. Introduction In a societal structure, we have many stakeholders, one amongst them are companies or Corporate Houses. These Corporate...
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...Office Association Permission to reproduce any text from this publication for non-commercial purposes is granted, provided that the source is credited. First edition, autumn 2013 www.artemis-ia.eu & www.itea2.org ISBN: 978-90-817213-2-5 5 Preamble This updated document1 is the joint result of the industry represented in the ARTEMIS Industry Association and ITEA and expresses the common industry ambition. Its creation was initiated by the ARTEMIS ITEA Cooperation Committee (AICC). The main goal of this update of the ITEA-ARTEMIS high-level vision 2030, version 2012 is to add a quantitative description of the impact of software innovation on revenues and labour. There are also other aspects of the impact of software innovation, like eco-systems, community building and standardisation. However these are not the focus of this year’s update. Disclaimer The trends and predictions presented in this document are based on publicly available sources. We rely on these sources, without independent verification of the information presented. The nature of this document is for a large part rather a compilation of existing material, than a reinvention of insights. The statements made by Roland Berger Strategy Consultants are based on assumptions held to be accurate on the basis of the information available. However, Roland Berger Strategy Consultants assume no liability for the correctness of the assumptions made herein. 1 Compared to the ITEA-ARTEMIS high-level vision 2030, version...
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...OECD INSIGHTS International Trade Free, Fair and Open? Patrick Love and Ralph Lattimore ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT The OECD is a unique forum where the governments of 30 democracies work together to address the economic, social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of an ageing population. The Organisation provides a setting where governments can compare policy experiences, seek answers to common problems, identify good practice and work to co-ordinate domestic and international policies. The OECD member countries are: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, the Slovak Republic, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The Commission of the European Communities takes part in the work of the OECD. OECD Publishing disseminates widely the results of the Organisation’s statistics gathering and research on economic, social and environmental issues, as well as the conventions, guidelines and standards agreed by its members. This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed...
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