Introduction Current business opt to exist mainly in monopoly form so as to secure a large percentage of the market. Existence of these firms may be due to state decisions that privilege some businesses from competition (Foss & Klein, 2018). Such firms operate in less competition and goods have no substitutes. However, these enterprises cause a decrease in economic development...
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The 2008 financial crash was as much a moral crisis as a financial one. It exposed a major weakness in the capitalist system, and it was not principally financial, but human. Markets have an effect on morality, and this led to the financial crash. In its aftermath, ethics within economics has yet to be resolved. This failure to hold accountability...
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Part I Scenario I: Discrimination The Mad Beach Club, which is a small casual restaurant in Cleveland, Ohio. There is a total of 19 employees where only 4 of them are full time. We had two applicants that applied for the position, there was Mandie that is transgender and 46 years old who has multiple years in waitressing and bartending...
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Introduction The decision of the United Kingdom to leave the European Union, commonly termed as Brexit, has had profound implications on various sectors, not least of which is British football. Football in the UK is much more than a sport; it is an intrinsic part of the national culture and identity, influencing everything from local communities to international relations. The...
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1.6 billion people are homeless in the world (“As Cities Grow, So Do the Numbers of Homeless.”). Something happened the other day that I can’t ever get out of my head. There was this guy that was probably in the war, he had one arm and one leg, he was a black man and he was very hungry. We were...
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Introduction The economic system of soccer in Guayaquil is a burgeoning topic of interest, especially considering its substantial impact on both the local and national economies of Ecuador. Guayaquil, being the largest city in Ecuador, serves as a hub for soccer activities, with clubs like Barcelona Sporting Club and Club Sport Emelec playing pivotal roles. These teams not only drive...
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The United States has spent $601.31 billion on NASA since its inception. The total estimate is $1.32 trillion when adjusted for inflation, an average of $22.03 billion annually over its entire history. The budget for fiscal year 2020 for the National Aeronautic Space Administration is $21 billion. It is an increase of 1.4 percent compared to FY 2019(Amadeo). There is...
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Introduction Globally, in approximately four decades between 1970 and 2008, the divorce rate has been doubled, from 2.6 divorces for every 1,000 married people to 5.5. Those results are averaged across all the regions of the world that they studied (DePaulo, 2019). Unemployment is defined as a situation where someone of working age is not able to get a job...
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Immigrants are divided into two categories which are immigrants who come into a country with permission by using legal and valid documents and then there are also immigrants who come into a country without permission and any valid or legal documents. These types of people are called illegal immigrants. Illegal immigrants refer to people that migrate into a country illegally...
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Should social media be used to employ or discharge an employee? What is social media? Social media is a technology that facilitates the sharing of ideas, thoughts, photos, events, and information through the building of virtual networks and communities. What are some examples of different social media? Social Media can be broken into three different categories. Social networking ranking first,...
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Equality is the state of every individual being equal, especially in status, rights or opportunities. However, up till the 21st century, gender equality is still a prevalent issue. Men and women across the globe do not enjoy equal privileges. Gender equality is the equal right of both men and women to have access to opportunities and resources, including the right...
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Abstract Using research references written by Dawn D. Bennett-Alexander, Laura P. Hartman, Raina Kelley, Brian Lilley and Jonathan Stempel, I examined the results of their findings in relation to my project. Based on their information, I determined affirmative action is still an instrumental tool in balancing the work force in the United States. There are still jobs that are out...
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Understanding Monopolistic Competition in Fashion Monopolistic competition, by definition, is when an industry has many firms that offer similar products and services but not completely identical or the perfect substitute. In monopolistic competition, there are not many barriers to exit or enter— making it easy for many firms to sweep into the market and offer similar products. The perfect example...
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Motivation is the driving force within an individual that affects their attitudes and persistence towards a certain behavior (Bratton, 2007). Motivation in relation to a work setting is the attitude and persistence towards a work-related task. The well-known saying of ‘money motivates’ suggests that workers are motivated by monetary rewards such as pay, bonuses, and other incentives offered by a...
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