Monthly Archives: February 2011

International trade: what it is and why it takes place

Resources (factors of production) are not distributed uniformly across the globe therefore some countries are better to produce certain goods than others and some countries are not able to produce at all some particular goods. If within a country there … Continue reading

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The demographic environment of business

Demography studies how populations changes overtime, in terms of size and structure. The demographic variables that affect business are overall: –┬áSize of the population: number of people within a certain population normally grows over time, according to birth and death … Continue reading

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Benefits of PDP for individuals and employing organisations

Summary Embracing a culture of continuous personal development, can be really rewarding. Knowing what goals we would like to achieve and how, is the first step to take towards our personal development. PDP is a useful way to drive people … Continue reading

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Problem solving process in the workplace: an insight view on Information Technology Problem Management

Summary In the workplace, knowing how to deal with problems is really important. In the IT field, problems are handled following a precise path that starts with the problem definition and ends with the delivery of the best possible solution. … Continue reading

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Advantages and Disadvantages of the Internet as a research tool

Summary The Internet is a powerful channel for sharing and accessing information. This characteristic has made the web a widely used tool for conducting research because it allows people to access a significant amount of information without geographic boundaries and … Continue reading

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Verbal presentations: importance, preparation and presenting skills

Summary Communicating effectively is important in order to exchange thoughts, information and feedbacks. Verbal presentations are a widely used method to communicate messages especially in the workplace. Preliminary planning and preparation combined with strong communication skills represents the perfect mix … Continue reading

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What Critical Thinking is and why it is important in the workplace

Summary When facing a problem or an issue, taking the right decision is a fundamental task. Critical thinking helps us to understand the pros and cons of every possible outcome and to value them according to the goal we want … Continue reading

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Economic scarcity and opportunity cost

All the human societies have to deal with the basic problem of ‘economic scarcity‘ that arises from the impossibility to meet the infinite demand of goods and services necessary to satisfy human wants with the limited resources at our disposal. … Continue reading

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