.... then it must adapt. Some of the main areas that will have to be addressed is the need for more productive and efficient operations, a new focus by business on the new trading reality, and a change in policies by Government to enable Canada to function better with the FTA. The FTA stands to alter Canadian business which has grown rather relaxed and inefficient behind walls of tarrifs. While these may have initially spurred industry, they have after time encouraged complacency. With these rapidly disappearing walls, business will have to become "lean and mean" in order to compete in a very competitive global market. Looking at the present state of affairs our status ....

.... in the light of these protests, advocate policies relating to monopolies, in order to regulate their power in favour of the public's interest. There are several reasons why monopolies may be against the public interest. It is claimed that monopolies produce at a lower level output and charge a higher price than under perfect competition in both the short run and the long run. Consider the diagram above. Assume that this monopolist attempts to maximise profits. Equating MC=MR yields an output of Qm and a price of Pm. If the same industry existed under perfect competition however, the price would be Ppc and output would be Qpc since under perfect competition P=MC=AR. The ....

.... and headed our way.” INFLATION Inflation affects everyone and most people are very elated about the recent inflation rates. Labor markets are tight therefor inflation is a threat but because of the biggest drop in energy prices in seven years inflation was practically eliminated. Last year inflation was set at 1.7 percent and most economists don’t expect this to rise above two for this year. Some are even Considering deflation to be the next step. In 1949 and 1955 were the only two other times that the CPI has declined. Despite this obstacle some believe it is a remote possibility. Jane Bryant Quinn reported the pluses of the deflation. “When labor pro ....

.... economic transactions. To be effective in facilitating movement in goods, services, and assets, a monetary system most importantly requires an efficient balance of payments adjustment mechanism so that deficits and surpluses are not prolonged but are eliminated with relative ease in a reasonably short time period. The Asian crisis of recent falls into this category of inefficient balance of payments facilitated by depreciation of its currency. By competitively depreciating its currencies, Asia is exporting its deflation, its overcapacity and its lack of growth to the West, particularly to the US. History The past ten or fifteen years have seen an unprecedented expansion in ....

.... within that company? From an ethical perspective one would have to look at the mitigating factors of both the employees and their superiors along with the role of others in the failure of these components. Next you would have to analyze the final ruling from a corporate perspective and then we must examine the macro issue of corporate responsibility in order to attempt to find a resolution for cases like these. The first mitigating factor involved in the National Semiconductor case is the uncertainty, on the part of the employees, on the duties that they were assigned. It is plausible that during the testing procedure, an employee couldnt distinguish which parts th ....

.... I have fought this battle before, I know that I must take at least one of every form or I will find myself traveling back to the library to get the form that I should have obtained on the first trip. Heaven forbid that they run out of the form that I need! Once I have my paper treasures in hand, I depart to complete the second leg of my journey. At home, I dust off the file cabinet and empty the drawers that contain my important personal papers that will be needed to file the income tax report. The extensive important paper inventory consists of medical receipts, records of interest paid, and literally any other kind of record that may or may not be a factor in the tax filin ....

.... internet of standard encoding protocols, or the making of prior arrangements between buyers and sellers. Both consumers and merchants could see a windfall if these problems are solved. For merchants, a secure and easily divisible supply of electronic money will motivate more Internet surfers to become on-line shoppers. Electronic money will also make it easier for smaller businesses to achieve a level of automation already enjoyed by many large corporations whose Electronic Data Interchange heritage means streams of electronic bits now flow instead of cash in back-end financial processes. We need to resolve four key technology issues before consumers and merchants ano ....

.... town” because of this single successful experiment. Next, the companies leading scientists cloned human insulin. This phenomenon took place in 1978. The thought of cloning struck the hopes of many scientists. Science and the world as they knew it would never be the same again. A brief look at a timeline of events for Genentech would show that FDA (Food & Drug Administration) approvals for lifesaving drugs took a lengthy amount of time. The FDA gives approval to market the products in the United States (other countries have analogous regulatory agencies). Genentech received over 15 FDA approvals from 1985 to 1999. FDA approval is based on the official data resulti ....