H/502/5413 LEVEL 3 UNIT 6 GUIDED LEARNING HOURS: 60 UNIT CREDIT VALUE: 10 BUSINESS COMMUNICATION H/502/5413 LEVEL 3 UNIT 6 AIM OF THE UNIT Effective communication is a key area in terms of its contribution to business success. When studying this unit learners will gain a thorough understanding of the types of business information used both internally and externally by organisations and the methods used to communicate information to different audiences. In this unit, learners will have
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DEMAND Two important forces of market are Demand & Supply Demand Can be defined as the desire for a good for whose fulfillment, a person has sufficient resources & willingness to buy the good. Desire – without money income, is a mere desire Potential demand - Desire with resources but without willingness to spend Effective demand - Desire accompanied by ability & willingness to pay Individual Demand – Quantity of a commodity that a person is willing buy at a given price over
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HOMEWORK #1 Question 1: a) The per capita CD sales are higher in the U.S. than in Mexico, while per capita cassette sales are lower in the U.S compared to Mexico because of the income elasticity of demand for these goods. CDs are normal goods and demand for them rises as income rises. The per capita sales of CDs are higher in the U.S. because U.S. citizens have higher income than Mexicans. On the other hand, music cassettes are considered inferior goods because of new technological advancements
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issuing stocks X e. b and c | Question 6. 6. Given TC=10+5Q, ED=-2, what price will a monopolist charge? (Points : 1) | a. 5 b. 12 c. 8 X d. 10 e. None of the above | Question 7. 7. The monopolist determines optimal output the same way as does a purely competitive industry (Points : 1) | X a. True b. False | Question 8. 8. Given a company with some monopoly power and ED=-3, MC=6, the optimal markup is (Points : 1) | a
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CHAPTER 6 BUDGETING [Problem 1] Zamboanga Company Production Budget For the Third Quarter, July-September, 200X | | [Problem 4]. a. JVC Company Budgeted Production and Direct Labor Costs For The First Quarter, January – March, 20B | | |
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Nneze Akwiwu, Ruth Wangia & Bongeka Zuma General Physics 112 Dr. Derrick Hylton 02-16-2015 Desert Irrigation Problem Introduction As physics students in the second part of an introductory physics class, we have been tasked with considering the problem of famine that currently faces some parts of Africa. We have been tasked with answering the question of whether growing crops on desert land could alleviate the problem of famine if the desert was irrigated. We seek to explore
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Chapter 6 Supply, Demand, and Government Policies MULTIPLE CHOICE 1. Price controls are a. used to make markets more efficient. b. usually enacted when policymakers believe that the market price of a good or service is unfair to buyers or sellers. c. nearly always effective in eliminating inequities. d. established by firms with monopoly power. ANSWER: b. usually enacted when policymakers believe that the market price of a good or service is unfair to buyers
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BTEC NATIONAL IN BUSINESS (MANAGEMENT) Unit 37 – Starting a Small Business Assignment 1 – Present your business idea This task assesses P1 Present the initial business idea using relevant criteria Signed (IV) _________________________________ Print Name__________________________________ This unit is all about starting your own small business. The assignments will take you through the planning process in order to complete your own small business plan. This may be a business
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Contents Page |Criteria |Issue Date |Due Date |Submitted |Achieved |Page | |How the unit works and Command Words | | | | |2 | |Pass 2/Merit 1 | | | | |4 | |Pass 3/Merit 2
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APPLIED ETHICS A. What is applied ethics? 1. So far we have been focused either on normative ethics, which studies what features make something good/bad, an act right/wrong or a trait virtuous or vicious - or metaethics, which studies philosophical questions about the meaning of ethical words, or the nature of ethical facts 2. Applied ethics is a distinct category of ethical philosophy A. What is applied ethics? 3. Deals with difficult moral questions and controversial moral issues that people
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