I. Dualism Poverty/lowincome-difficult to measure, may include social capital, human capital. 1. Spatial mismatch a. Distance from residence to work i. Transportation/commute b. Housing-informal settlers 2. Type of labor c. Inequality of human capital d. Labor mismatching 3. Neighborhood Segregation e. Gated communities vs. maids f. Production of slums(Planet of slums) II. Agglomoration A. Trading cities and Factory cities(specialization/comparative
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transactions which supports a networked economy, both in terms of the network size and the demand for associated goods, services, labor and policy reform. The critical characteristic of the networked economy is a radical decentralization of physical capital necessary for the production, storage, distribution, and processing of information, knowledge, and culture. This decentralization has caused a radical distribution of the practical capability to act in these areas, creating new levels of efficacy
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Briefly explain about the unique FRS in Malaysian standard The unique FRS in Malaysian standard is to issue statements of principles for financial reporting. Means, it is a description of the fundamental approach that the Malaysian Accounting Standards Board believes should, in principle, underpin the financial statements of profit-oriented entities. The Statement is intended to be a comprehensive and reasonably detailed description of that approach, and the approach itself is intended to be internally
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bear on problems and opportunities as their most important capability. They are realizing that to remain competitive they must explicitly manage their intellectual resources and capabilities .To build their intellectual capital, those organizations are utilizing the social capital that develops from people interacting repeatedly over time. Lincoln Re has an early-warning process in place to monitor research in the medical field for anything that eventually may
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that the main cause of conflict in society is inequality, and this inequality brings about disadvantages to workers and benefits to the owners of capital. Although this perspective is backed by strong examples in today’s society, such as the decline in skilled labour leading to greater inequality between the proletariat (workers) and the bourgeoisie (capital owners), it spends too much time on blaming the structure of the system for making inequalities worse, without taking into consideration how much
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the changing hiring requirements, knowledge sharing, leadership style in terms of employee motivation, promotion are some of the key challenges need to be addressed by the HR strategy implementation. i. INTRODUCTION An organization’s human capital management culture should value the workforce as the key asset which will define the organization’s business profile, effectiveness and performance capacity (Champion & Hughes, 2001). Good HR strategy and practices aligned with the organizational
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motivated and updated * Human Capital Human capital is a term used in some economic concepts of growth to designate a suppositional production factor dependent not only on the quantity but also the quality and degree of training and productivity of the people involved in a production process. From that initial technical use has spread to designate the pool of human resources having a company or financial institution. Also spoken informally of enhanced human capital with increasing degree of skill
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Sustainability from an economic perspective Introduction In 1987 the World Commission on Environment and Development tried to resolve the problem that lies in contradictions between environment and economical goals; the result was formed in definition of sustainable development: ‘Sustainable development is development which meets the needs of the present without compromising the ability of future generations to meet their own needs’ (Smith & Rees 1998, p. 15). Since that long time ago 1987, there
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005943018 Sun Zhecheng P2-47 The strategy of Fowler’ farm is cost leadership. It is a strategy to decrease the cost and increase the profit. I think the farm can keep their cost low in these method. The first is to improve their manufacturing performance. Such as get new techniques, improve the efficient. The second way is to decrease the transport costs. They can use their own truck to the main market. And why i choose this strategy is because the price is a competitive advantage for farm. So
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basis (meaning that payment is made on the spot). 5. MUDHARABAH VS MUSHARAKAH parties | * Parties provide capitals and work with the capital * There can be a silent partners | * Some partners provide capital and some work with the capital * Capital providers cannot interfere in the management, no control over it | Profits | Can be shared according to: * Ratio of capital contribution * Mutually agreed ratio * It cannot be fixed amount, must be as a percentage of profits | In
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