resource available was tuna. At that time the development of the country was slow so there is no banking system, no available funds for major investments and no commercial industries as well. After some days in 1994 a fully-funded business was set-up by the government which is named “Athireemaafannu Trading Agency (ATA)”. Their main aim was to provide essential food items to the nation. 9th June 1979 is the day which ATA became STO with so much improvements. After that they kept growing and growing
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system is one of three tiers in our government which also include the legislative and executive branches. These three branches work together to provide the people with a check and balance system of government and that all three are equal in power and authority. However, some argue that popular election of judges is a bad idea, and it opens up the judicial branch to the same partisan and commercial pressures that the legislative and executive branches of government already experience (Kiplinger, 2013)
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true, and therein lies a big challenge—this book will be read by far more academics studying the bureaucratic side of the public service, and by those working in it, than by elected politicians. That is a shame. A big part of our job is to keep government to account, yet not nearly enough of us on the political side learn how the civil service really works, and how we must work together. Together, elected politicians and members of the civil service form part of the larger concept of service to the
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businesses and consumers close their wallets—aggregate demand is shrinking—governments can take steps to encourage them to open their pocketbooks or substitute government spending for diminished private spending. Such government actions are called demand management or stabilization policies. Sometimes an economy’s problems are deeper and longer lasting than excessive or inadequate demand, usually as a result of government policies or private practices that impede efficient and fair production
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are only good when it is a must but when a company does it because they want to it can be seen as a bad idea than can upset some consumers if not given a valid reason. Government failures According to the readings in chapter one governments and laws in all
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the way the government distributes is still part of the segregation today. The government has been giving easier access to those that work for the government housing of their choice. Also, the commercialization of housing is another reason. However, it started to change when plants starting to grow in cities like Shenzhen. According to Pun, open-door policies and economic reform encouraged the introduction of foreign capital. Shenzhen was chosen by Guangdong provincial government as an experimental
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change in price less elastic. Next, this paper will examine the major effects that government policies have on production and employment, predict the potential effects that government policies could have on the company, determine whether or not government regulation is needed to ensure fairness along with identifying the major reasons for government involvement in a market economy, provide two examples of government involvement, examine the major complexities that would arise under expansion via capital
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Shareholders (who own the business) Managers and directors of a business External Stakeholders - These stakeholders do NOT form part of the organization but have a direct interest or involvement in the actions of the organization: Customers Suppliers Government Competitors Special interest groups Business decisions can have both negative and positive effects on stakeholders, but it is rare for all stakeholders to be either positively or negatively affected by any one-business activity. It is
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Nationals. UAE government develops and promotes it for increasing the qualifications of UAE Nationals and reducing the rate of unemployment. Why is it important in the UAE? In the UAE, Emiratisation is a crucial initiative, as it plays key role to raise standards of UAE Nationals. It raises standard by providing training to the Nationals. It also introduces the Nationals to better education system for becoming competitive employees of the future. Moreover, it is a way for the government of overcoming
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ocial responsibility Standards and regulations are another kind of business cost, and MNCs are always looking for lower costs. So there is an advantage to locating in countries with few regulations. Some poor countries are prey to corruption and bribery which means their few regulations are ineffective. India, for example, has excellent environmental protection laws, on paper. In practice, the inspectors are so badly paid it only costs a matter of dollars to get them to look the other way. This
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