Premium Essay

Eco Question Pool

In: Business and Management

Submitted By greglippy
Words 2144
Pages 9
ECON1102 MACROECONOMICS 1 Session 2, 2012 Tutorial Test (Week 17-21 September) INSTRUCTIONS 1. Tutorial tests will be constructed from the following pool of short-answer questions. 2. Each Tutorial test will be comprised of a sufficient number of short-answer questions to add-up to a total of 20 marks. 3. The marks for each question provide an indication of how much is required to answer the question. 4. Tutorial tests may contain questions on different topics. 5. The set of short-answer questions used will vary across Tutorial tests. 6. Where questions have numerical parts, the actual numbers used will be changed for the Tutorial tests. 7. You will have 30 minutes to complete your Tutorial test. 8. A non-programmable calculator may be used. 9. Answer sheets will be provided. 10. Since the following questions will be used in an exam; lecturers, tutors and PASS leaders will not provide help in directly answering the questions.

Pool of Short-Answer Questions for Tutorial Tests Explain the three different approaches that can be used to calculate GDP. Briefly indicate why all three approaches should give the same estimate for GDP. (3 marks) Is GDP a good measure of a country’s economic welfare? Discuss. (5 marks) Consider the following National Accounts data for the calendar year 2010. $Bill Private Consumption 1200 Imports 600 Government Purchases 600 Gross Taxation Receipts 800 Exports 500 Government Transfer Payments 300 Beginning-of-year Inventories 200 Net Interest Payments on Government Debt 40 End-of-year Inventories 100 Sales of Existing Houses and Flats 600 Business Fixed Investment 500 (a) Use the above data to calculate GDP for 2010. Explain how you arrive at your figure for GDP (1 mark) (b) Use the above data to calculate National Saving in 2010. Explain how you arrive at your figure for National Saving. (1 mark) (c) Use the above data to calculate...

Similar Documents

Free Essay


...Investigate Stage Problem The problem is that sometimes designers have problem on seeing the room so I’m going to make the room 3d. Also people these days wants a ecofriendly room to make things more healthier and more fresh. Research Question: * How to make my room eco-friendly? * What are the things I need to making a eco-friendly room? * How to make a room more healthy? * What are the things that we should do to making a healthier room? * What are the instructions to making a healthy living room? Design Brief The solution to this problem is that, we could put windows to the room so the room can get fresh air and also oxygen. We could also put a door that we can open that leads to the back yard. Design Specifications * Wide Windows * Bright colours to the room * A transparent door to a backyard or swimming pool * Less lighting Wide windows: I will put wide windows so lots of sunshine for the room. Bright colours: bright coloured painted room for style but also nice to see. A transparent door to a backyard or swimming pool: so we can just go and exercise or take a swim. Less lighting: for saving more energy and electricity. Method of testing For the method of testing I will ask honest opinions from my friends for feedback and also I am going to tell them what am I going to make. 1., the author is unknown and also the date. This website gave......

Words: 449 - Pages: 2

Premium Essay

Project Management Review Questions

...ETM 502 – Project Management in Engineering and Technology – Assignment 1 REVIEW QUESTIONS P18, RQ1 - Define a project. What are five characteristics that help differentiate projects from other functions carried out in the daily operations of the organization? As PMI have defined, a project is a temporary endeavor undertaken to create a unique product, service, or result. The characteristics of a project help differentiate it from other endeavors of the organization. The major characteristics of a project are as follows: 1. An established objective. 2. A defined life span with a beginning and an end. 3. Usually, the involvement of several departments and professionals. 4. Typically, doing something that has never been done before. 5. Specific time, cost, and performance requirements. P18, RQ3 - Why is the implementation of projects important to strategic planning and the project manager? Today, projects are the modus operandi for implementing strategy, meaning that strategy plans of a company is delivered through the products of project results. Since projects are the modus operandi, strategic alignment of projects is of major importance to conserving and effective use of organization resources. Selection criteria need to ensure each project is prioritized and contributes to strategic goals . Anything less is a waste of scarce organizational resources—people, capital, and equipment . Projects and project management play the key role in supporting......

Words: 1264 - Pages: 6

Premium Essay

Marketing Plan for Aqua Bay

...Responsibility 6 COMPETITORS 7 St. Lawrence Pools 7 Beachcomber 8 Comparison Chart of Competitors 9 CUSTOMERS 10 Market Segments 10 Target Market – “KEY FINDINGS” 10 Market Share 11 Customer Needs 11 Retail Channel 11 Consumer Information Sources 11 Frequency and Quantity of Purchase 12 COLLABOTATORS 13 CLIMATE 14 STEP Analysis 14 Social 14 Technological 14 Economic 14 Political 14 SWOT Analysis 15 Strengths 15 Weaknesses 15 Opportunities 15 Threats 15 OBJECTIVES AND ISSUES 16 MARKETING STRATEGY 17 Unique Selling Proposition 17 Competitive Advantage 17 Customer Promises 17 USP 17 MARKETING MIX 18 Product 18 Price 18 Promotion 19 Place 20 Promotional Objective 20 Promotional Strategy 20 Strategic Summary – “KEY FINDINGS” 20 TACTICS 21 Personal Selling 21 Frequently Asked Questions 22 Print 23 Signage 23 Emails 25 BUDGET 26 Monthly Budget (DIRECT COSTS) 26 CONTROLS 27 Customer Feedback 27 Annual Sales 27 Profitability 27 Journal 27 Sales: Prospects 27 * attached documents *Positioning Graph for Softub *Customized Print Advertisement for Softub *Letter to Softub Sales Representative EXECUTIVE SUMMARY Aqua Bay Ltd is a local pool store looking to increase the net profit from increasing revenues from the Softub line and increasing marginal profit. Aqua Bay primarily competes with two major competitors: St. Lawrence Pools and Beachcomber, both offer similar......

Words: 5026 - Pages: 21

Premium Essay

Sabah Development Corridors

...SABAH DEVELOPMENT CORRIDOR(SDC) What is Sabah development corridor (SDC)? The Sabah Development Corridor or SDC is a new development corridor in Sabah, Malaysia. The SDC was launched on 29 January 2008. The project is expected to take 18 years with total investment of up to RM 105 billion.On average, starts from the year of 2009, RM5.83 billion will be allocated each year for development. 900,000 jobs are expected to be created with this project along with a waterfront city, tourism sub project and a Sabah Railway terminal. The project kick-started with the Prime Minister Abdullah Ahmad Badawi announcing that the government has allocated an extra RM 5 billion under the Ninth Malaysia Plan to improve infrastructure and lower the cost of doing business in the state. Key objectives of the project are: ▪ make Sabah a gateway for trade, investment and tourism ▪ transform the state into a harmonious state regardless of race or religion ▪ create job opportunities in the state ▪ make the state more technology-savvy ▪ make the state a comfortable state to live in The development plan of the SDC will be implemented across three sub-regions namely the Western Sub-Region, Central Sub-Region and Eastern Sub-Region. The Western Sub-Region is identified as Sabah’s industrial belt. This region provides access to market, processing, packaging and port facilities. The Central Sub-Region is Sabah’s agricultural hinterland and food production belt. The focus will be on......

Words: 1172 - Pages: 5

Free Essay

Tourism: Impacts on the Economy and Eco System

...Caribbean History and Culture March 17, 2013 Tourism: Impacts on the Economy and Eco-System How is Caribbean tourism negative for their economy? How does tourism negatively impact ecology? Those are the questions I ask myself, is tourism tearing apart the Caribbean? In some ways there are both positive and negative impacts of tourism on the economy and ecology of the Caribbean. The reason this topic is worth being thoroughly exploring is because of all the lives it impacts on an everyday basis from work to water supply. Through researching I have found that there are a few alliances that their only purpose is to benefit and help keep the eco-system the way it is supposed to be. Now not all resorts are watched under these alliances but I am going to take a closer look at these Alliances and see exactly what they stand for and how they could make positive changes when it comes to helping save the eco-system. In the end I’m going to find statistics on what good and bad is going on, what people are doing to try to improve any of the bad and see just how much tourism affects the lives of the people and lands of the Caribbean. My plan is to look inside of it all, shift out the myths and find the truth on both the Economy and Ecology issues. The purpose of my research project is to look into the different effects tourism has on both the economy and ecology. I’m going to be digging deep into what is really happening to the oceans (Hill, 2013) these beautiful oceans......

Words: 2095 - Pages: 9

Premium Essay

Gg Toys Case Analysis

...G. G Toys Case Analysis By Managerial Accounting June 16, 2013 Costing systems are components of a broader accounting system used by a given company or organization. Their main function is to keep a focused eye on expenditures made by the company in question. Synthesis of Existing Cost Models to Meet System of System Needs, p.86. G.G. Toy's production process for dolls started with the basic raw materials needed for the bodies of the dolls, wool and things for the hair and clothing and all of these things were consist in production initially. Then, in its modern Chicago manufacturing facility, the company machine-molded the vinyl and resin into doll bodies and even had varies different styles and designs for the clothing. While using the same equipment and labor, they had to schedule when each of these modern jobs could be completed. I believe that explains why there was less units produced. Today’s new manufacturing environment requires new cost-accounting systems as well as new technology. It’s simple, updating the present system can achieve greater benefits in terms of producing and providing information for decision making in the future. (Updating Standard Cost Systems, Cheatham, C, Quonum Books, 1993). Therefore, I believe that G.G. Toys should change its existing cost accounting system from traditional costing to activity-based costing in the Chicago plant. Activity-based costing also known as ABC is a costing methodology that identifies......

Words: 1257 - Pages: 6

Premium Essay

Laxmipati Sarees

...Karishma Chandak Nishit Deora Chinmay Jariwala Sameer Iyer Submitted to Mrs. Meghna Dangi AURO UNIVERSITY TABLE OF CONTENTS Acknowledgment .......................................................................................................................................... 3 1 2 3 4 5 6 Introduction:.......................................................................................................................................... 4 Company profile ................................................................................................................................... 6 Production and Operations carried out at Laxmipati Sarees: ................................................................ 8 Answers to the Questions:..................................................................................................................... 9 Recommendations: .............................................................................................................................. 14 Conclusion .......................................................................................................................................... 15 Page 2 ACKNOWLEDGMENT The success of any project depends largely on the encouragement and guidelines of many others. We take this opportunity to express our gratitude to the people who have really been helpful in making this project. Our greatest appreciation to our faculty Mrs. Meghna Dangi for valuable guidance......

Words: 3526 - Pages: 15

Free Essay

Essays on Economy

...Global climatic change and role and response of man in climatic changes, Applied climatology and Urban climate. iii) Oceanography : Bottom topography of the Atlantic, Indian and Pacific Oceans; Temperature and salinity of the oceans; Heat and salt budgets, Ocean deposits; Waves, currents and tides; Marine resources: biotic, mineral and energy resources; Coral reefs, coral bleaching; sealevel changes; law of the sea and marine pollution. iv) Biogeography : : Genesis of soils; Classification and distribution of soils; Soil profile; Soil erosion, Degradation and conservation; Factors influencing world distribution of plants and animals; Problems of deforestation and conservation measures; Social forestry; agro-forestry; Wild life; Major gene pool centres. v) Environmental Geography : Principle of ecology; Human ecological adaptations; Influence of...

Words: 1084 - Pages: 5

Premium Essay

Going Green

...environmental concerns that the world is facing and expect the organization that they are associated with to adopt such operational and service management scenarios which are environment friendly.It is not easy to present an argument against healthier work space and environment. This essay will analyze different aspects of adopting ‘green activities’ by the hospitality organizations and will discuss if it is possible for them to maintain healthy revenues while adopting green activities. The word green generally refers towards the activities which are considered to be environmentally responsible by the consumers and stake holders, adopted by the organization in question. Such activities are meant to reduce the environmental foot print of the organization by reducing their use of natural resources and a balanced contribution towards the eco systems (Graci & Dodds, 2009).There are variety of ways to choose from when a company decides to ‘go green’ starting from minor activities to bigger more significant steps. It can be started from controlling use of paper, sorting out the office wastages in recyclable and non-recyclable groups to bigger steps such as using or building environmentally friendly buildings, raw materials etc. for their organizations (Lynn, 2009). It is, of-course, rather convenient to go green on a smaller scale e.g. a single household can manage to adopt environmental...

Words: 2421 - Pages: 10

Premium Essay

Green Energy

...GRE-EN-ERGY The Journey to Sustainability. [pic] By Vijeta Kavethkar Green energy is the need of the hour to sustain our energy requirements. Green energy includes natural energetic processes that can be harnessed with little pollution. Anaerobic digestion, geothermal power, wind power, small-scale hydropower, solar energy, biomass power, tidal power, wave power, and some forms of nuclear power (ones which are able to "burn" nuclear waste through a process known as nuclear transmutation, such as an Integral Fast Reactor, and therefore belong in the "Green Energy" category). Some definitions may also include power derived from the incineration of waste. In this report we have discussed on various dimension of non renewable energy resources and its impact on our environment. It is aptly said that “The Earth has enough to satisfy the Need but not the Greed of the Humans” We have gone beyond boundaries, now if we look back the results of our greed is appalling for us. The below sections show the various examples of non renewable energy sector- Electricity Sector in India The electricity sector in India had an installed capacity of 250.256 was of end July 2014. Out of which considerable amount, approx. 69.12% (172.986 GW), is generated from non-renewable energy source. India became the world's third largest producer of electricity in the year 2013 with 4.8% global share in electricity generation surpassing Japan and Russia. On 31st May 2014, in India, there was......

Words: 6013 - Pages: 25

Premium Essay

Project Mangmant

... A. Classification of the Project B. Nonfinancial Criteria 4. Applying a Selection Model A. Sources and Solicitation of Project Proposals B. Ranking Proposals and Selection of Projects 5. Managing the Portfolio System A. Balancing the Portfolio for Risks and Types of Projects 6. Summary 7. Key Terms 8. Review Questions 9. Exercises 10. Case: Hector Gaming Company 11. Case: Film Prioritization 12. Appendix 2.1: Request for Proposal (RFP) 2.2 Contractor Evaluation Template Chapter Objectives • To identify the significant role projects contribute to the strategic direction of the organization • To stress the importance of establishing project priorities and top management support • To describe the linkages of strategies and projects • To write a set of hierarchical objectives for an organization • To describe a scheme for prioritizing projects that ensures top management involvement and minimizes conflicts • To apply an objective priority system to project selection. • To recognize that today’s world may require a shorter range strategic plan and scenario planning is necessary. Review Questions 1. Describe the major components of the strategic management process. The strategic management process involves assessing what we are, what we want to become, and how we are going to get there. The major generic components of the...

Words: 4196 - Pages: 17

Premium Essay

Prac Report

...Acknowledgement First and foremost to our Almighty God, for giving us strength every day, for the guidance and good health, for the graces and blessings that help us to perform our task as part of our OJT. To our SWEP Coordinator, Mr. Jomar T. Parel for helping us to find an establishment for our OJT. Your guidance will help us achieve our aspirations as we go along with our journey in life. To our parents and guardian, our deepest gratitude and appreciation for being with us all through the way from the very beginning and  for showing your unconditional love and unending support financially, emotionally and spiritually.  To the Cocoon Boutique Hotel Family  thank you for your warm welcome and for giving us this one of a kind experience in having our OJT  in your establishment. And most especially for helping us to hone our knowledge as we continue to strive in our ambitions in life. Chapter One BACKGROUND OF THE COMPANY Cocoon Hotel is a full service, high end 40-room boutique hotel, wholly owned by Atty. Rafael Ma. Consunji Vinzon and Mrs. Regina Cielo Magtuto Vinzon, CPA, and operated by Dreamventures Property Management Corporation. The building is strategically located at the heart of Quezon City, No. 61 Scout Tobias corner Scout Rallos brgy Laging Handa, Quezon City, steps away from restaurants, bars and various entertainment establishments; major TV network (GMA 7 and ABSCBN), and churches (St. Paul Parish Church and Sacred Heart Parish Church). It is in......

Words: 5033 - Pages: 21

Free Essay


...Business Policy VB Serena Li, Grass Cao, Amy Li, Lola Yang, Vicky Zhang, Sven Li 16 December 2012 Sias International University Abstract The objective of this paper is to help people know the clear information of holiday resort in China to promote this industry and bring innovation for this industry. We can refer to the successful cases to prepare for our future company. The holiday resort has an ability to attract people to come again by owning the advanced recreational equipment, beautiful environment and considerate service. Additionally, the holiday resort provides people with the happy and relaxing lives. With the rapid development of economy, people are willing to have a relaxation and close to nature. The holiday resort will satisfy customers. People simultaneously enjoy both psychological and physical comfort in holiday resort. This paper will use analysis of STEEPG, five-forces analysis, driving forces, key success factors, resource-based analysis, capability analysis, SWOT analysis. By analyzing, the important thing can show people clearly. Then, we come up with 2 strategic options. At last, we choose one strategy which is suitable for us to go, and we make further implementation for our company. Keywords: holiday resort, considerate service, analysis Industry The history of holiday resort has one hundred years. At the beginning, holiday resort only provides accommodation with the good environment for customers.......

Words: 10746 - Pages: 43

Premium Essay

Business Strategy

...Entry barriers on business. Barriers to market entry include a number of different factors that restrict the ability of new competitors to enter and begin operating in a given industry. For example, an industry may require new entrants to make large investments in capital equipment, or existing firms may have earned strong customer loyalties that may be difficult for new entrants to overcome. The ease of entry into an industry in just one aspect of an industry analysis; the others include the power held by suppliers and buyers, the existing competitors and the nature of competition, and the degree to which similar products or services can act as substitutes for those provided by the industry. It is important for small business owners to understand all of these critical industry factors in order to compete effectively and make good strategic decisions. "Understanding your industry and anticipating its future trends and directions gives you the knowledge you need to react and control your portion of that industry," Kenneth J. Cook explained in his book The AMA Complete Guide to Strategic Planning for Small Business. "Since both you and your competitors are in the same industry, the key is in finding the differing abilities between you and the competition in dealing with the industry forces that impact you. If you can identify abilities you have that are superior to competitors, you can use that ability to establish a competitive advantage." The ease of entry into an industry...

Words: 7519 - Pages: 31

Premium Essay


...decisions. In this competitive world, every critical decision counts CAOs are tasked to make this data and insights to make it available to anyone, anytime and anywhere. —In the current digital era, lack of actionable insights means loss of business momentum, customer attrition and erosion of market share. CAOs are therefore careful when they embark upon the analytics transformation journey. They know it requires the ability to balance the business landscape with technological developments. Through targeted business and technology capabilities realized by a proven methodology that prepares , analyses and visualizes the data ahead of business need, analytics has the latent power to transform businesses. What is the alternate to EDW. Key question for CAO is to whether to leverage existing EDW to develop this key capability or to create a new platform to service. Internally, the CAO must break rigid functional siloes in which data is trapped. Organizations may believe they can continue to rely on...

Words: 1608 - Pages: 7