c)Is there evidence for market failures or government failures in the provision of public services, merit goods and control of demerit goods in Sub-Saharan Africa? Discuss (30 marks)
Market failure is a circumstance in which private markets do not bring about the allocation of resources that best...
since then. Globalization has greatly impacted three key areas in Czech Republic. These are foreign investment, global financial market and the general social well-being of Czech Republic’s citizens. As a result of high foreign trade investment, the growth in the economy has been witnessed in Czech Republic...
into our palms. However far our dear and near, you can be in touch with them, irrespective of your position.
Merits of mobile phones:
All the features of the instrument can be considered as merits of it.
a) Never you will feel alone, always you can be in touch with your dear and near.
b) Will help you...
The organizational structure (organogram) 17
Information on the workforce 18
The method of performance evaluation to be used 18
The merit-demerit system to be applied 18
The company’s rules and regulations 19
General rules 19
Rules for laying off people 20
Rules for control of finances...
|Market failure occurs when freely-functioning markets, fail to deliver an efficient allocation of resources. The result is a loss of |
|economic and social welfare. Market failure exists when the competitive outcome of markets is not efficient from the point of view of|
|society as a whole. This is usually...
The next step is to arrange the solutions evolved in an order of merit. This can be done by critically examining each solution beginning with what appears to be the worst solution. List advantages/merits and disadvantages/demerits of each solution. Normally, the following things should happen:
Using Social Media in the Hiring Process
At first, researchers were amazed by how social networks are used in schools. However, the acceptance of social media in education organizations is no longer a big issue. Currently, much of the attention has been shifted to how social networks are being employed...
support would be given to any sovereigns who were threatened by reactionary movements.
The Metternich System had its own merit and demerit.
For the merit, the holding of international congresses aimed at checking the growth of revolutionary ideas allowed the Great powers to co-operate...
|Market failures have negative effects on the economy because an optimal allocation of resources is not attained. In other words, the social costs|
|of producing the good or service (all of the opportunity costs of the input resources used in its creation) are not minimized, and this results...
Write any three ambitions needed for an Entrepreneur?
To make money
To success self –employment
To guan social prestige
Write any three facilitating factors which motivates
a person to become an
Property indented/self acquired/wife’s
has a very significant role to play in developing and maintaining a positive investment climate.
There is a category of goods which are called De-merit goods. These are goods that cost more to society than the actual cost of purchasing the product. One example of this is alcohol. The cost to society...
To effect immediate buying action.
8. To help salesman in selling the product.
Role of advertising:
Advertising is an integral part of our social and economic system. It is a powerful technique that influences the consumption patterns, production and exchange of goods. The role of advertising...
tool = vehicle Decrease = shrink
Only = nothing but Not = anything but, by no means Triumph = success = victory Instrumental & Detrimental Merits and demerits Harmful = Detrimental Up to minute, Up to day, State-of-the-art Important = Vital Critical Crucial Common = Universal Complain = Grumble Dislike...
Student politics means the participation and involvement of students in politics. Student politics, frankly speaking, has both merits and demerits according to the way it is directed. Previously student’s participation in politics was for a noble cause and purpose. But we feel terrified at the corrupted...
overflow type. raymond mill would be the important products of reraymond the materials following the resources remaining broken .
So what are the merits and demerits with the raymond mill while in the raymond approach?
(1)Sand building machine, jaw crusher and various sand producing tools are all...
Can Merit Demerit System solve disciplinary problems in schools?
Disciplinary problems in schools have been on the increase, particularly in secondary schools. I am posting this problem as I believe many schools are facing these problems. Any system introduced to curb disciplinary problems must be fair...
Communication is the transmission and interchange of facts, ideas, feeling or course of action. (Leland Brown)
Communication is a social interaction through messages ( Grabner, 1967)
The interchange of thoughts or information to bring about mutual understanding and confidence or...
Discuss the relative merits/demerits of an agricultural policy oriented to price reform rather than one based upon structural reorganisation "The common market shall extend to agriculture and trade in agricultural products. Agricultural products' means the products of the soil, of stock-farming...
advantages and disadvantages
of participant observation
Participant observation is a qualitative research method, which originated in the field work of social anthropologists. In traditional ethnographic research, participant observation always took place in community settings over prolonged periods of time...
things cannot do”. But it has some disadvantages such as: it is harmful to health and expensive. Some people rely on it too much. It makes us anti-social.
I think the computer is indispensable and will improve greatly in the near future. And it will increase the ease of usage. So its disadvantages...
huge success and unlimited applications of networking, there are some loopholes that are inevitable. However, an important design goal of any large network should be that of fail-soft test, wherein the failure of any component will not cripple the entire system.
Furthermore, information is a valuable...
travel-related assets; Disney Consumer Products, which produces toys, clothing, and other merchandising based upon Disney-owned properties, and Media Networks, which includes the company's television and Internet operations.
Its main entertainment features and holdings include Walt Disney Motion Pictures...
utilities, including aircrafts, pilots, service network, etc.,will be rebranded and served under the name of Southwest. However, this strategy, in which the AirTran brand will be completely disappeared, offers merits to the merged airline, but it certainly has demerits as well. Although merging into one operator...
objective as well. The mixed team of HR can be able to hire talented and effective local human resources.
This HR plan has some of the merits and demerits:
i. The recruitment of junior level positions (do not require expertise in a particular field) by local recruitment agency help...
Nowadays, products of hi-tech like a Mp3 or DVD-players become to be parts of the humans' life. In my opinion, these technologies have merits and demerits.
People use these modern techniques everywhere and any time because they are portable, compact and may contain a lot of info compared with...
journals and scientists that is speeding up the globalization but, weather its right or not there are some arguments are going on in terms of the demerits of globalization.
Disadvantages of Globalisation:
Due to the sparked argument about globalization where there are some countries which they...
power of Social Computing?
Though I am a strong believer of how significantly the social computing phenomenon can impact the society, I am one of those non IT savy person, who is in the IT business, who doesn’t use Twitter, Bebo, Facebook or LinkedIn, frequently.
While Social Media and Social networking...
Providing public goods
Lowering interest rates stimulates private borrowing. This leads to more investments and hence more job opportunities.
b) Practicing in managed care networks improves professionalism and hence boosts the efficiency of services provided
c) Lowering federal tax increase workers disposable income. They have...
9) “Auditing begins where accountancy ends”. Comment, distinguishing between auditing and accountancy. (March 2004) 10) Explain the relative merits and demerits of continuous audit and periodical audit. (March 2003) 11) Indicate briefly the objects and advantages of audit from the point of view of a businessman...