w w w e tr .X m eP UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS GCE Advanced Subsidiary Level and GCE Advanced Level e ap .c rs om MARK SCHEME for the October/November 2007 question paper 9708 ECONOMICS 9708/02 Paper 2 (Data Response and Essay (Core))‚ maximum raw mark 40 This mark scheme is published as an aid to teachers and candidates‚ to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate
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thought of Asian Values as unique characteristics of Asia as comply strictly by Asian peoples. It is defined as the value that depends on one strong leader to lead a country to become one strong country instead of popular democracy‚ give state a power for a far-reaching to state economy and bureaucracy‚ a social norm that follow strictly by a community‚ and keep the concerning of civil liberties and human right a side by focus even more on the value of social and economic needs (Aligan‚ 2015). As the
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SUPPLY - LAW OF DEMAND LAW OF SUPPLY - DETERMINANTS OF DEMAND DETERMINANTS OF SUPPLY - DEMAND SCHEDULE SUPPLY SCHEDULE - DEMAND CURVE SUPPLY CURVE The Law of Demand And Supply is one of most important laws in economics. It give us a closer look at the system of exchange in the circular flow. There is exchange taking place because of this law. In the Philippines the law assumes greater importance since our economicsystem prodiminantly market in nature and therefore
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way that shareholders control the firm’s top executives? Shareholders have the ability to spread their wealth in other places and diversify their portfolios. Also‚ many shareholders do not have the knowledge of specific firm’s financing issues‚ industry problems‚ etc. Under this system‚ a shareholder believes that the executives are representing their best interests and doing everything they can to generate wealth and grow the firm. However‚ since the shareholders are not involved in every minor
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JOAQUIM PIRES BUSINESS ORGANISATION AND PROCESSES ASSESSMENT 1 2006 Question 1. Section (A) In a Limited liability company‚ there must be at least two shareholders with no maximum upper limit who own the company. All limited companies must be registered with the Registrar of Companies to whom the companies must send their annual financial statements. A limited company is separated in law from its owners. Because it has its own legal entity‚ any disputes concerning the company‚ will
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Consumer expenditure Mini Case John Hawksworth “Opinion: Economic Trends - Saved by the consumer?”‚ Accountancy‚ London‚ Mar 2002 (with minor editing) How long can the UK economy buck the global trend just because our consumers keep spending money? Have we avoided the recession that has gripped the US‚ Japan and Germany over the past six to 12 months or are we just postponing the day of reckoning? And are we storing up worse problems for the future as a result of rising household debt levels
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. THE ECONOMIC PROBLEM AND ECONOMIC SYSTEMS The economic activity of a society consists of activities related to the production and consumption of goods and services. Since earliest times‚ the primary function of organized society has been economic in nature. The other elements of civilized society -- architecture‚ literature‚ music‚ etc. -- emerge only after the material needs of the society have been amply provided for. Poor societies do not build great pyramids‚ erect magnificent cathedrals‚ or
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AQA GCSE Science: P1a 1.1 How can science help us see in the dark? AQA Specification Link • Thermal (infra-red) radiation is the transfer of energy by electromagnetic waves. • All bodies emit and absorb thermal radiation. • The hotter a body is the more energy it radiates. Learning Objectives Students should learn: • The nature of thermal radiation. • That the amount of thermal radiation emitted increases with the temperature of the object. Teaching / Learning activities (including How
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Along with feudalism‚ a social and political system‚ goes an economic system called manorialism‚ which centered around manors. There were many key characteristics that defined the Medieval manor. A manor was a large estate owned by a feudal lord‚ and the most common form of a fief (Ahlin 1‚ Nardo 19). Manors included a castle or manor house‚ at least one village‚ and the surrounding farmland (Frey 22). Manorialism was the name of the system that included the services that the peasants on a manor
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Extending existing products to a new market. Vodacom aims at reaching new customer segments‚ wants to increase sales by capturing new market area. Vodacom is currently the giant mobile providers in South Africa at the moment they are a growing mobile industry which is owned by Britain Vodafone‚ they deciding to attract more customers outside Britian and South Africa‚ would need a market strategy from the marketing research‚ and the initial investment it needs to invest this also including the politics
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