Notes, summaries, assignments, exams, and problems for University

What is a monopoly?

The exclusive possession or control of the supply or trade in a commodity or service. (Microsoft)

What is an oligopoly?

A market structure in which a few large firms dominate a market (Video Games: Nintendo, Sony, Blizzard)

What is limited competition?

Many producers and sellers but only a few products (radio)

What is the difference between direct payments and indirect payments?

Direct: when a firm buys a product
Indirect: when a firm makes money off of ads

What is synergy?

Refers to any promotion and sale of different versions of a media product across the various subsidiaries of a media conglomerate

Regulation by marketplace

There's no need for regulation if there exists enough of an outside competitive force

Postmodern media conglomerate

Disney... Continue reading "Understanding Media: Monopoly, Oligopoly, and Limited Competition" »

Introduction

The optimistic view of intelligent extraterrestrial life often overlooks the improbable chain of events that led to human existence.

Special Timing

Our Sun formed late enough to have sufficient metallicity for creating a rocky, Earth-like planet. Older stars have even fewer metals than our Sun's 2%.

Special Location

The Sun resides in the "galactic habitable zone," extending 23,000 to 30,000 light-years from the galactic center. This zone, comprising only 7% of the galactic radius, contains less than 5% of the stars due to their concentration towards the core. While still containing numerous stars, this zone excludes the majority of stars in our galaxy. Most planetary systems are chaotic, lacking the stability Earth has provided for... Continue reading "The Rare Earth Hypothesis: Why Intelligent Extraterrestrial Life May Not Exist" »

Internal Note: Applicant Information (Top Right)

Name, Street Address, City, 25001, Spain, Date

Internal Note: Company Information (Bottom Left)

Company Name, Contact Person, Street Address, Spain

Professional Job Application Documents

Cover Letter

Section 1: Introduction, Motivation, Interest, Initiative

Dear Mr./Ms. Name,

I am writing to apply for the job position which was advertised last month in the newspaper. Although I am presently employed at (marcA), it has always been my intention to work at Audi. I would particularly welcome the chance to work for your company. I have long admired the quality of your products and services, and your production methods. As you will notice in my enclosed CV, the job you are offering suits my personal and professional... Continue reading "Professional Job Application: Cover Letter & CV Template" »

Chapter 15: Negligence

1. Negligence

Negligence is conduct that falls below the standard established by law for the protection of others against unreasonable risk of harm. It is an unintentional tort where the defendant acted unreasonably but did not intend to commit the act or cause harm.

Note: No punitive damages may be awarded in cases of negligence.

1. Elements of Negligence:

• Duty
• Breach of Duty
• Causation
• Damages

2. Defenses Against Negligence:

• Statute of Limitations
• Act of God
• Contributory or Comparative Negligence on the Part of the Plaintiff
• Assumption of Risk by the Plaintiff
• Immunity

5 Liability Issues:

• Lack of Supervision
• Improper Instruction or Training
• Unsafe Use of Equipment
• Improper Medical Care
• Negligence in Transportation

***Note: Nothing on product... Continue reading "Negligence, Liability, and Risk Management in Sports and Recreation" »

Project Description: Volcano Research and Model Building

This lesson enables students to research, create, and erupt their own volcano model. By investigating websites, volcano fact sheets, and other information sources, students should be able to plan and make a model that represents a real volcanic eruption and another that illustrates its internal structure.

They can then demonstrate their understanding of what a volcano is, its parts, the steps that lead up to a volcanic eruption, its history, and associated hazards by presenting their model and related information to the class.

This project gives each group a chance to become experts on a particular volcano and to understand natural phenomena, such as the stages of a volcanic eruption.

Academic

Animal Farm by George Orwell (1945)

The passage I will analyze is from the fictional novel Animal Farm, written by George Orwell in 1945. This novel represents the totalitarian regime used by the Soviet Union in the 1920s, where socialist ideas of equality were manipulated to maintain power. It is an allegory of the Russian Revolution and the Communist Soviet Union; consequently, many of the animals in the novel can be directly linked to important figures and institutions of the Soviet Union. Orwell uses this allegorical form to express his opinions about the events and people involved in this period of history.

Key Literary Elements

Themes

• Totalitarianism
• Revolution
• Class Warfare
• Language as Power
• The Soviet Union

Symbols

• The Commandments
• Character Names
• The

EXAM REVIEW 2

Chapter 12

• A country’s standard of living depends on its ability to produce goods and services. Its ability depends on PRODUCTIVITY.
• Y = real GDP = quantity of output produced L = quantity of labor so productivity = Y/L (output per worker)
• Real GDP per capita: Y/Population
• What determines PRODUCTIVITY?

1. Physical Capital per Worker:

1. What is Physical capital? The stock of equipment and structures used to produce goods and services is called [physical] capital, denoted K.
2. Productivity is higher when the average worker has more capital (machines, equipment, etc.).

1. Human Capital per Worker (H):

1. What is Human Capital? The knowledge and skills workers acquire through education, training, and experience
2. Productivity is higher when the average worker

Ethics

Ethics refer to the study of moral principles or values that determine whether actions are right or wrong and outcomes are good or bad.

Three Ethical Principles

Utilitarianism: Greatest good for the greatest number of people

Individual Rights: Fundamental entitlements in society

Distributive Justice: People who are similar should receive similar benefits

Influences on Ethical Conduct

• Moral intensity

• degree that issue demands ethical principles

• Ethical sensitivity

• ability to recognize the presence and determine the relative importance of an ethical issue

• Situational influences

• competitive pressures and other conditions affect ethical behavior

Four Factors that Directly Influence Individual Behavior and Performance (MARS)

Motivation:

• Internal