AND PURPOSE OF BUSINESSES TASK 1 CONTRAST OF TWO MARKETS FOR DIXONS CARPHONE COMPANY TASK 2 December 7, 2014 December 7, 2014 Contents Executive summary 2 Carphone Warehouse 3 Mission 3 Vision 3 Purpose 3 Stakeholders 4 Dixons Carphone plc (Currency GBp) 4 Director Shareholdings 5 Hill Farm Furniture 6 Purpose 6 Mission/Vision 6 Stakeholders 6 CONTRAST OF TWO MARKETS FOR DIXONS CARPHONE PLC 7 Free Market X Command System 7 Competition Policy 7 Conclusion
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direction. There are three major economic systems in today’s world. The difference between each lies in the relationship of the amount of control the government has and how much freedom the individuals have on the factors of production. Free-market (or capitalist) economy allows private ownership and individuals choice over what and what not to produce and sell with little Government intervention. A planned (or command) economy in the opposite, in which the government controls most factors
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BT 8 Task 2- The economic, social and global environment 9 A) Real Life Example on command, free enterprise system and a mixed economy 9 Example one 9 Example two 10 Example three 10 B) The Effect of Government Fiscal and Monetary Policy 11 Physical policy: 11 Monetary policy: 13 C) Competition Policy 13 Task 3- The Behaviour of Organisation in their Market Environment 14 A) Market Structure Types 14 Pure competition : 14 Monopoly competition: 14 Oligopoly 14 C) Business
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most common and miss leading economic myths in the United States. The myths are misleading due to how the laws were initially set up. There are many benefits to individuals seeking their own fulfillments that could help provide loyalty and reduce market cost. Providing
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money, but they were new, innovative, and brought a new aspect into the game. I don’t think these political entrepreneurs can really help for the better as much as market entrepreneurs could. Once politics take over, the economy crashes. We have seen over and over how well socialists can run a country. The sooner we get back to a free market economy, where the government doesn’t try to control all of it, the sooner our economy gets back on track. Indiana Says “No Thanks” to Cap and Trade This article
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Globalization Globalization of Markets: * One huge global marketplace * Less trade barriers * Global norm (taste and preference) * Same basic products Globalization of Production: * Sourcing of goods in different part of the world (Lower cost, Better quality) Global institutions: * Help manage, regulate, and police the global marketplace * Promote the establishment of multinational treaties to govern the global business system * Example: * World Trade
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know about economics, I realized that I only learned the basics of macroeconomics. In Chapter 2 I gained some insight on microeconomics. Microeconomics is the part of economics that focuses on the behavior of people and organizations in particular markets. This is a portion that I didn’t study when on the debate team. As we pretended to be policy makers, I was taught that the importance is always the global scenarios. When looking into the microeconomics, I was able to thoroughly understand how different
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LECTURE Less immigrants => non-flexible labour market. Social capital (culture, value, identity, spiritual dimension..) human capital. 2011: china took over Japanese position as 2nd world economy. Yen is fixed to the US dollar. Germany, France, .. benefited from invasion, in 1937. What’s the impact of Marshall on japan? How japan became such a miracle economy? Japan was a miracle economy since the helped of the US, in 1960. Highest growth during 50’s and 60’s, but what caused this growth? Keiretsus:
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Labour intensive business Conglomeration Integration Merger Takeover Wholesaler Retailer Economies of scale Diseconomies of scale Diversification Market size, market growth Market share Sole trader Partnership Limited company Private /public limited company Unlimited / limited liability Unincorporated/ incorporated Deed of partnership Shareholders Stock market Prospectus AGM Joint venture Franchise Nationalized business Monopoly Socially responsible business Inflation Economic boom Economic recession
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1 A market economy is a type of economic system where supply and demand regulate the economy, rather than government intervention. A true free market economy is an economy in which all resources are owned by individuals. The decisions about the allocation of those resources are made by individuals without government intervention. There are no completely "free-enterprise" or market economies. The United States has more characteristics of a market economy than a command economy, where a government
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