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Class Notes for General Management at University of Manitoba (page 7)

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GMGT 1010 Lecture 22: GMGT 1010 Lecture 22
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The Theories of Comparative and Absolute Advantage: ...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 30: GMGT 1010 Lecture 30
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General agreement on tariffs and trade (GATT): a 1948 agreement tha...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 26: GMGT 1010 Lecture 26
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Foreign direct investment (FDI): the buying of permanent property a...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 25: GMGT 1010 Lecture 25
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Franchising is a contractual agreement whereby someone with a good ...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 20: GMGT 1010 Lecture 20
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Hyperinflation: money is being printed out of control and deflating...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 19: GMGT 1010 Lecture 19
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Problem in the US: GDP is growing since recession in 2008, but unem...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 16: GMGT 1010 Lecture 16
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Fewer inventions and less innovation because those who come up with...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 17: GMGT 1010 Lecture 17
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Several features have played a major role in Canada becoming an ind...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 13: GMGT 1010 Lecture 13
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If the seller lowers the price, the quantity demanded is likely to ...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 11: GMGT 1010 Lecture 11
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Understanding Canadian Business CHAPTER 2 – How Econ...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 15: GMGT 1010 Lecture 15
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Businesses must provide customers with quality products at fair pri...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 14: GMGT 1010 Lecture 14
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Perfect competition: the market situation in which there are many s...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 18: GMGT 1010 Lecture 18
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Productivity in Canada has risen because computers and other techno...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 12: GMGT 1010 Lecture 12
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People will work hard if they have incentives for doing so ...

General Management
GMGT 1010
Brock V.Cordes
GMGT 1010 Lecture 8: GMGT 1010 Lecture 8
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Baby-boom echo: a demographic group of Canadian that were born in t...

General Management
GMGT 1010
Brock V.Cordes

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