Answer:
The music industry has shifted from a Markup/Peak market cycle to a Distribution/Contraction cycle market
Explanation:
There are four phases in the market cycle.
1. Accumulation or Expansion
2. Markup or Peak
3. Distribution or Contraction
4. Markdown
- Accumulation occurs as a result of economic growth in the market
- Markup or Peak occurs when the buying pressure reaches it highest level.
- Distribution or Contraction occurs when there is weakening in the market, that is, weakening of the market but not total collapse.
- Markdown occurs when the market has sung down to the lowest possible point, that is when there is total collapse of the market.
The market has a cycle that rotates round like a cycle. The moves from Accumulation to Markup then to the Contraction cycle then to Markdown market cycle.
From the scenario given, the music industry was at the Markup cycle market during the time when the music industry could sign multi-year contracts with artists and sell copyright protected music through establish distribution channels.
However, the music industry experienced the Distribution or Contraction market cycle when there was a decline in the number of Compact Disc sold as a result of a shift to digital format and rise of internet technology which allowed sharing of music over a peer-to-peer network without visiting the music shops to buy Compact Disc from recognized distributors.
The reason for this is that part of Namibia is taken up by the Namib desert, and also elsewhere Namibia suffers a lack of water, and it is one of the driest places in Africa. In some areas of Namibia ground water is for example available only during some and not all months of the year.
Answer:
It's an example of Demographic trends.
Explanation:
Demographic trend can be defined as the measurable change in the characteristics of a population over time e.g. Change in concentration of a particular ethnic group, age-group, occupation, religion, political view, sex ratio, etc.
Since the population in the U.S. is aging which means there will be an increased need for health care professionals in the future it indicates a demographic trend.
Answer:
Try to change his theory to correlate with the new observations, otherwise, discard his theory.
Explanation:
For scientist to develop a thoery, he must be able to follow the following steps:
1. Making of observation
2. List out questions relating to the object of research
3. Create hypotheses
4. Form prediction on the basis of hypotheses
5. Test the prediction
6. Perform iteration
Hence, if the predictions of the theory correlates with the results of the test, the theory will be temporarily confirmed. Otherwise, the scientist should try to change his theory to correlates or be in accordance with the new observations and, if he cannot do so, discard his theory.
