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Elasticity is an important concept in neoclassical economic theory, and enables in the understanding of various economic concepts, such as the incidence of indirect taxation, marginal concepts relating to the theory of the firm, distribution of wealth, and different types of goods relating to the theory of consumer choice.
The smart port minimises the negative impacts of its activities on the natural environment and enhances the surrounding communities - economically and socially. The material benefits of chosen technologies allow the smart port to: Improve efficiency to gain competitive advantage; Increase business resilience to economic shocks or disruptive forces
A charge card is a type of credit card that enables the cardholder to make purchases which are paid for by the card issuer, to whom the cardholder becomes indebted. The cardholder is obligated to repay the debt to the card issuer in full by the due date, usually on a monthly basis, or be subject to late fees and restrictions on further card use.
Smart Bangladesh is an initiative led by the Government of Bangladesh aiming to transform Bangladesh into a technologically advanced and sustainable society.
Leapfrogging is a concept used in many domains of the economics and business fields, and was originally developed in the area of industrial organization and economic growth. The main idea behind the concept of leapfrogging is that small and incremental innovations lead a dominant firm to stay ahead.
S.M.A.R.T. (or SMART) is an acronym used as a mnemonic device to establish criteria for effective goal-setting and objective development. This framework is commonly applied in various fields, including project management, employee performance management, and personal development.
Buyers needed the service because they did not want to divulge credit card information to random sellers. Sellers needed the service because many consumers did not have the means to open up a credit card Merchant account to accept online payments. Peer-to-peer payments were now in full effect in the online marketplace. [4]
These "prestations" bring together domains across political, religious, legal, moral and economic definitions, such that the exchange can be seen to be embedded in non-economic social institutions. These prestations are often competitive, as in the potlatch , Kula exchange , and Moka exchange .