Economics terminology

External Factors The external factors are referred to the identifiable element in the economic, political and another related environment outside the project team. The external factors may have a various impact to the business organization and the implementation of an Information System. The external factors are unpredictable because of its uncertainty, in this way it may directly influence the project's effectiveness. In this case, the Reliable Pharmaceutical Service focuses on providing…

a. Consumer surplus: Consumers are willing to pay a certain amount for a good or service. The variance in that price is considered consumer surplus. When the price is less than they are willing to pay, the amount (or quantity) of that good or service increase. When the price is higher than they are willing to pay, the amount (or quantity) of that good or service decreases. An example of consumer surplus is as follows: Consumers are willing to pay $1.00 for tuna fish. Tuna fish is…

Groceries or the newest iPhone? Rent or the concert in a week? College tuition or a trip to Europe? Regularly, decisions similar to the ones before are made on a constant basis. In an ideal world, the choices wouldn't seem so difficult to pick from; buy what one needs now and apply the leftover money for pleasurable activities. This adds to the process of consumerism, the basic element that creates a country run by its people buying and selling goods. Then again, the world isn't flawless, and…

1. I have chosen Abita Springs Elementary School in St. Tammany Parish. 2. A) What information does the Report Card provide? The report card provides information about the school’s population, students who come from low income families, special education, and performance of students. The progress of students was not available. B) What does the information in the report card tell you about the school? The report card tells me that the school is doing a good job of keeping students on track. An…

In the classroom of interest, the grade level being taught is third grade with the students’ ages varying from seven years old to nine years old. The location of the school is in Gainesville, Florida and is called Stephen Foster Elementary School, which is a public magnet school, composed of grades kindergarten through fifth. Forty five percent of the students at Stephen Foster Elementary School are African American, 32% of students are Caucasian, 8% of students are Hispanic, and the rest of…

What I was looking forward to doing my senior year, was leading my team as a senior to the best we could be. I was working harder than I ever had all winter long leading up to this. I had one goal that I did not see happen any of my four years there, which was getting to the state championship. There were a lot of things that had to go right for this to happen. The team had to be good, they had to work hard every day, they had to win districts, they had to win regional’s, and the most…

In life there are people you love and get along with and there are people you just don’t get alone with and you choose to not be around. Most people are more likely to keep the positive people and learn positive messages from them. But you learn to stay away from the negative people and you learn to be positive from things they did wrong. Asking people about who is positive and negative in there lives was very interesting because everyone could point out the positive people but finding the…

Main findings From the report, Ofsted gathered that Rokesly Infants School offers a good standard of quality teaching and also exceptional care for pupils. The school lives up to their motto, ‘At Rokesly every child matters in every way’. Ofsted also found that parent/carers were equally pleased with the ‘balance between learning and other enrichment activities’ which was a statement stated by a parent and confirmed by the inspectors. Much of the success from the school was mainly due to the…

Going to school for kids could be a great experience or a bad experience depending on the child and their situations. The first day of school is stressful in itself and one of the major stresses in the morning is what to wear. How am I going to look when I meet these new people, or reuniting with my old friends? Whereas schools who are required to wear uniform the students do not have this problem. They know exactly what they have to wear and can focus more on what classes will I have this year.…

Education Did you know that one million American students drop out of high school every year? (EPE 2012) Did you know that students in United States is the 25th in math, 17th science, 14th reading, out of 29 countries? (OECD 2012) Did you know that two out of three eighth-graders cannot read proficiently and that nearly three out of four eighth- and 12th-grade students cannot write proficiently?(NAEP 2011, 2012) The main responsible of this situation, are the students themselves. Lack of…