Welcome to your iFolio

by Adrian on May 22, 2014

Your iFolio is a school provided web space that you will use throughout your time at CDNIS. You will use your iFolio to define your learning goals, show your learning journey, reflect on your learning and how you have developed your Approaches to Learning skills, share your best work and celebrate your achievements.

Your iFolio, in time will provide a better picture of who you are as a learner and as an individual. You are therefore highly encouraged to personalize your iFolio. You can start off by selecting one of the 60+ themes available.

Before you start using your new iFolio, follow the steps below to change the ‘Home’ link within your navigation menu to point to your site:

1. Go to your Dashboard menu options (link will open in a new tab)

2. Expand the ‘Home’ menu item by clicking on the downward facing arrow

Home Menu

Change Home Menu Attribute

3. Append the URL to read http://sites.cdnis.edu.hk/students/your_student_number, where your student number is in the form of six digits e.g. 012345 (you can find your student number on your library card)

Home URL

Home URL Link

A final note, please bear in mind that your iFolio is a publicly accessible space, and ensure that the content you post and the language you use is appropriate.

Feel free to delete this post from your Dashboard once you have finished reading it!

Featured image used in this post by Nathan via Flickr Creative Commons

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Business Unit 2 questions

by Adrian on November 23, 2014

Factual:  

1) What influences supply & demand in a market?

In business there are 5 stuff that can affect the supply and another 5 that affects the demand. These 5 non-price determines can either increase the S,D or decrease the S,D  in different situations. For supply the 5 non-price determines are weather/Acts of god, technology , cost of resources, tax and subsidies, number of producers and price of related goods. At first I did not understand how these 6 would affect the supply, but after some think I understand it. For example, if the government increase taxes, the price to create the produces will increase. Since it now cost more, the producer can only produce less of the produces of the ska amount before the government increased taxes.  The 5 Non price determines for demand are consumer Income, tastes and preferences. the price of related goods, change in future price and market size. If the consumers income increases, the consumers will likely to buy more since he/she has more money to spend.

2) How can economic sectors relate to each other?

Conceptual:

3) What path do raw materials take to consumers?

For raw materials to become products, it takes a very long path. First, the material must be extracted from a place in order to create the product. Second, in most cases the material would be shipped or flew to a different country, these countries are usually poorer since the minimum wage is lower. If the wages are lower the company can earn more money, that is why the products are usually made in third world countries. After the products are made, the products will be sent around the world to the shops. At the shops the consumers can buy the product take has been transformed from raw materials to products.

4) How is equilibrium reached in a market?

For a company to find the equilibrium, it has to try setting the price at different ranges. This is because finding a equilibrium point is a natural process and cannot be calculated. A equilibrium point is when the market demand the producer supply meets, this means that the product would keep selling with no extra supply or too little supply.

5) How is price determined in a market?

The price of the product can be determined in the market by the 5 non-price determines of demand. In most cases the demand will only cause the price to change. This is because if the supply decrease or  increases, it would not affect the costumers but affecting the company instead. However if the demand is high, the company would increase price to earn more money and at the same time keeping stable supply.

Debatable:

6) To what extent do companies compete indirectly with each other?

 I think that companies would compete with other companies if they are trying to serve under the same topic but not the same thing. This is because if they were selling the something they would be direct compete like Starbuckes and Pacific coffee. Indirect companies would be like KFC and a sushi restaurant, they are indirect because they fit under the same category.

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Pre-Trip Journal Entries

November 5, 2014

1.) When thinking about what you are going to experience on this adventure,what emotion come to  mind? some examples might be:afraid, proud, courageous, grateful, lonely,happy, ecstatic…     2.)What kind of thins do you think you can expect in Taiwan?     3.) What kind of things do you think you will exposed to in […]

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Design Day “Say it with style”

October 30, 2014

Today was design day and we learned about our new summative assessment, creating comic on the book we are going to read. We were told to use the Adobe illustrator CC, but most of our adobe illustrator would not work. The illustrator is different from photoshop because photoshop uses pixels and illustrator uses vectors. I […]

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Unit 1 Questions of Inquiry

September 4, 2014

Factual: 1) What creates opportunities for entrepreneurs to start a business? I think that when the market demands a certain good it is a perfect time of a person to start a business. The reason is because you know there we be at least a descent amount of customers. When selling the produces to the […]

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Playing Test and Theory Test Reflection – Semester 2

June 4, 2014

For the playing test, I got a 10/10 for my song and a 9/10 for my scales. I never thought that I would get this score. I thought that because on the scales I messed up one note fore each expect for C major. I did not know that we had to play the really […]

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