What are commoditized products? “Commoditize” refers to a process in which a product is essentially deemed identical to the same class of offering presented by a rival company. Commoditized products allow consumers to make purchasing decisions based solely on the price-tags of the item in question. How do you win a commoditized market? To help […]
How do we fix the tragedy of the commons?
How do we fix the tragedy of the commons? One possible solution is top-down government regulation or direct control of a common-pool resource. Regulating consumption and use, or legally excluding some individuals, can reduce over-consumption and government investment in conservation and renewal of the resource can help prevent it’s depletion. Why does tragedy of the […]
Is Utopia a theme?
Is Utopia a theme? Utopia puts forward the idea of a place that is not merely a naturally perfect paradise; rather, it is a society of human perfection. Utopia means “no place” however, and we see that Utopian society is quite imperfect. What is the message of utopia? In Utopia,More contrasts the problems of the […]
What is popular taste?
What is popular taste? : the feelings that many or most have about what is appealing, attractive, etc. The movie is intended to appeal to popular taste. What are taste publics? Persons who use a taste culture constitute a “taste public.” More precisely, a taste public consists of “people who make similar choices [of cultural […]
What is a baffle in an exhaust?
What is a baffle in an exhaust? An exhaust baffle is an acoustically tuned metallic chamber placed inside a motor vehicle’s muffler to cancel out, or muffle, the sound from the vehicle’s exhaust outlet. Why Harleys are so loud? Why are Harleys so loud? Many Harleys are loud because the owners want them that way. […]
What are merit goods?
What are merit goods? A merit good is a good which when consumed provides external benefits, although these may not be fully recognised – hence the good is under-consumed. Examples include education and healthcare. As can be seen, when a merit good is consumed it generates positive externalities. What are merit and non merit goods? […]
How do you do ethical decision making?
How do you do ethical decision making? Ethical Decision Making Process Step One: Define the Problem. Step Two: Seek Out Resources. Step Three: Brainstorm a List of Potential Solutions. Step Four: Evaluate Those Alternatives. Step Five: Make Your Decision, and Implement It. Step Six: Evaluate Your Decision. What are the critical factors for ethical decision […]
What is E Girl Fashion?
What is E Girl Fashion? An e-girl is a popular trend that started on the internet and is a sub-culture of the scene aesthetic of the 2000s, KPop and rave culture This style typically consists of plaid mini skirts, striped long-sleeved shirts, heart stamps under the eyes and bleached hair What does it mean if […]
How many branches of knowledge are there?
How many branches of knowledge are there? Mortimer J. Adler classified knowledge into six divisions: Logic, Mathematics, Science, History and the Humanities, Philosophy, and Preservation of Knowledge. The structure below is based off of Adler’s classification. What are the major disciplines of knowledge? Learning Objectives Discipline Branch Examples Business Accounting, economics, finance, management, marketing Humanities […]
What is the most toxic gas on earth?
What is the most toxic gas on earth? Hydrogen sulfide – In high enough concentrations, inhaling this gas results in a coma and death. Arsine – This gas attacks the hemoglobin in your red blood cells. At concentrations of 250 ppm, Arsine is fatal. Chlorine – Inhalation of chlorine at concentrations in excess of 1000 […]