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How can the role of government in development be assessed? Increasingly governments are judged through the outcome of their policies within achieving above average development
What do you believe are the consequences of a rating downgrade?
Suppose that a company knows that on average, 30% of guests at a hotel will eat at the hotel restaurant. What is the probability that on a given night that at least 33% of the 160
Define institutions in the context of business strategy, and explain the role of institutions when considering entering a foreign market. Explain the role of culture in how these i
Define the difference between effort and elapsed time. What is the importance of this difference for project planning purposes? Effort is the whole volume of work included in a
How has the definition of diversity changed over time? Can a diverse workforce help a company compete more effectively? How?
How do institutions influence development? Institutions development influence: Institutions matter since they give opportunities for people and firms to participate into
What is the Third World? Third World: Developing countries are sometimes termed as collectively like the Third World. Such term can cause offence within developing nation
What are the limitations of comparative advantage? Limitations of comparative advantage: International trade needs wide specialisation. This can have drawbacks as given b
Is unemployment and underemployment a problem? The cost of unemployment is both: • Economic along with the opportunity cost of lost output raised poverty and inequality
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