Comm111A
Small Group Final Examination Study Guide
Answers must draw first from the class lecture and secondly from the text. Examples should come from your group experience and the experience of other groups.
1) Know the processes of creative and critical thinking, particularly the three key questions that should be asked in the critical thinking process. For critical thinking, one must gather information from input and evaluate the evidence and apply the information to the solution. It requires a sense of
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“Mediocre economists often consider only the immediate apparent effects of a change, whereas a good economist will also consider effects that may only become observable over time.” This statement most clearly emphasizes the importance of secondary effects.
“The money and resources currently being devoted to the War on Terrorism reduces the quantity of other goods that we are able to supply.” This statement most clearly illustrates which of the following? the concept of opportunity cost.
According
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INT.LOGISTICS
8 ESSENTIAL QUALITIES THAT DEFIE GREAT LEADERSHIP: 1)Sincere enthusiasm: true enthusiasm for a business (its products and its mission cannot be faked 2)Integrity: all time: acknowledging mistakes, putting safety and quality first. They do what´s right, even if that isn´t the best thing for the current Project or even the bottom line. 3)Great Com Skills: Leaders must motivate, instruct and discipline the people they are in charge of. Remember that listening is an integral part of comm. 4)Loyalty:
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Money Market
Market for financial securities with maturity period of less than one year.
• Mkt for low risk, unsecured and short term debt instruments that are highly liquid are traded everyday.• No plysical location bye conducted over the telephone and the internet. • Helps to:
o raise short term funds
o Temporary deployment of funds .
The main instruments of money market are as follows:
l. Treasure Bills: They are issued by the RBI on behalf of the Central Government to meet its short-term
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Read the definition of demand presented in the section “Demand.” Why do you think both of these factors must be present in order to have true demand?
Even if there is a strong desire to purchase a product or service, without the ability to pay for that product or service there is no real economic chance that it will be purchased, and the dynamics of demand do not exist. Therefore, there is no real demand for the product or service.
After reading the sections “The Substitution Effect” and “The
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