The sentence functions to convey a complete idea based on the meanings of the words used in it (the sentence). To better convey the idea presented in the sentence, images and sounds can be appended to the paragraph. Any complete…
Any word, image, or sound can be given a meaning. Words can be logically combined together to create a phrase. A phrase is used to combine a set of meanings into a concept. This logical combination of words to create…
A business that is not considered as a separate legal entity from its business owner(s) is called an unincorporated business. An incorporated business is a legal trading entity whose identity is separate from its individual owners, and continues to exists…
The benefits that business growth brings to its owners and shareholders are: Increase in total profit. High status and market prestige. Decrease in operation costs per capita due to economies of scale. Increase in proportion of market share which can…
Before starting a business, the entrepreneur must create a business plan that indicates how the business is to be run, its future projections, anticipated challenges, and how to manage these challenges. The business plan is usually printed on a document…
The person who chooses to take a risk to start a new business venture is called an entrepreneur. Apart from risking his/her capital and finances from investors, there is also the opportunity cost of foregoing salaried employment for self-employment. The…
There are 3 levels of economic activity, also called stages of production: Primary (Stage 1) Level of Production – This involves working with natural resources, and it involves activities such as farming, mining, fishing, agro-forestry, and animal husbandry. Basically, it…
Business originated from the necessity to deal with the economic problem of scarcity. The 4 most basic concepts used to describe this economic problem are: Need – Any good or service that is essential for sustaining life, or allowing one…
A computer handles data i.e it is a data handler. Computer hardware needs to be instructed on how to operate. This set of instructions is called a program. The art of writing a program is called programming or coding. In…
A Middle-Aged Nurse Dies during Botched Treatment of Back Pain In August 2018, a 44-year-old registered urgent care nurse who had been diagnosed with chronic back pain died in a suspected case of unintentional (non-suicide) lethal drug overdose, which was…
Computer peripherals can be input devices such as mouse, keyboard, and scanners; output devices like printers, projectors, and monitors; or input-output devices like touchscreens and external storage drives. These peripheral devices use connectors, some of which are cabled, to connect…
Information technology is a collective term used to describe the use of a computer to process and display data. A computer needs two components to function – the hardware and the software. Hardware is a collective term used to denote…
The flow of current through a metallic conductor creates a magnetic field around the conductor. The magnetic field is oriented perpendicularly to the direction of the current flow. The strength of this field is inversely proportional to the distance away…
In a series circuit, the current is constant around the circuit and total resistance is the sum of individual resistances which can be calculated as: RTotal = R1 + R2 + R3 + Rx…. In the series circuit, the voltage…
Ohm’s Law postulates that current is directly proportional to an applied voltage and inversely proportional to resistance. This is expressed as: Current = Voltage/Resistance, or I=V/R, which can be transposed to get; V=IR R=V/I NB: Volts push Amps through Ohms.…
The only particle that moves when an electric circuit is completed is the electron. For this reason, electricity is described as the flow of electrons. In the atom, there are 3 fundamental particles – proton, electron, and neutron. The proton…