Wealthier societies have exceptional educational services which include better teachers, utilities, and curriculum, whereas poorer societies just get by on the bare minimum. Children who do not become well educated will not succeed as far as they may like to because their knowledge and qualifications will limit them. Without that education, it is extremely difficult for individuals with low incomes to overcome the poverty barrier and they will most likely end up in a
These solutions can cut expense costs, and make more profit, because you aim for the peak period with specials, and with raised prices. 3 Evaluating alternatives- they can try each alternatives to see what works best, and to try to see which one brings expenses down. Also, it’s used to see what fits for that business, and once you find something that works you know have an advantage, and you can always look for room to improve your alternative. Lastly, if they just stop full time running operations, open later than mornings, add specials, and cut some employees off, raise prices their operating
Therefore manufacturers make bigger profit. As well as that, there are fewer factory regulations at sweatshops because the health and safety regulations aren’t as important in LEDC’s, that way it makes it cheaper to run the factory. As well as that, renting and buying the factory is cheaper too because the economy of LEDCS are weak the demand of buying property is low because not many people can afford it therefore buildings and houses are worth less because of low demand. Another reason clothes are manufactured in LEDCs is because there is less tax to foreign government, therefore there is a bigger profit for the manufacturers. Because LEDCs have a weak economy, there are very few
Walmart sells many items at ridiculously low prices. They are able to offer low prices on their items due to an incredible mark-up on imported products. Especially in today's economy, the buck is the big winner. Everyone wants to save money, and they can do that by shopping at Walmart, where many items are the lowest price in town, even if it's only by a few pennies. But consumers aren't helping their fellow countryman earn his own living by buying these imported items.
However, future threats always have the potential to arise. Competitive Rivalry – Unless the popularity of the Little Wonder completely dwarfs other products in it's class then competitive rivalry should remain small. This would change if the Little Wonder starts to greatly impact competitor's bottom lines and they find a way to begin to manufacturer new and improved mixers themselves at a lower cost. Threat from New Entrants – New entrants is unlikely because of the amount of features in Company G's product and it's price point. Competitors likely would not want to risk losing current sales by adding features which would raise their prices.
If I did not used the creative process, I may have overlooked the obvious problem and just replaced the refridgerator which would cost me lots of money. ”This creative process allowed me to create more than one solution and allowed me to be prepared for more problems with other solutions” (Ruggiero,
A goal must state, in one or two sentences, the conditions that will exist if the goal is to be accomplished. The more well-defined a goal is, the easier it will be to understand what is required and to measure successful achievement. The scope creep in project management refers to uncontrolled changes in a project's scope. Typically, the scope expands by the addition of new features to an already approved feature list. As a result, the project drifts away from its original purpose, timeline, and budget.
Answer: Good work gives you lasting skills that you can use in the future. You will not get life skills by simply having money. Skills cannot be bought, but are earned by doing good work. Good work will get you respect and the knowledge you will use every day. Money gets spent a lot faster than it is gotten.
Explain why your answers to question 4 above do or don't make you a good fit for entrepreneurship. (3-5 sentences. 2.5 points) In the beginning of starting your own business you may not make enough to pay all your bills. If you don't have enough money you may have to work for someone else while trying to run your business. Working somewhere else or working two or three jobs, there might not be enough effort being put into your own ideas or business.
Advantages of using compromise include faster issue resolution, so therefore may be more practical when time is a factor. It can also be used to provide a temporary solution while parties still look for a win-win solution to the conflict. It also enables the levels of tension and stress to be lowered therefore making it a better working environment for the time being. There are also disadvantages which include requiring close monitoring of the situation to ensure that agreements are met, it doesn’t help build trust in the staff team in the long run and could also result in a situation where both parties are not satisfied with the outcome derived and so you could be back to the beginning with trying to solve the original