Primary objective: Maximise shareholder wealth. Shareholder wealth is maximised by dividend payments and a capital gain through higher share price. Secondary objectives: Meet financial targets (e.g. satisfactory ROCE) Meet productivity targets Establish brands and quality standards Establish effective communication with customers‚ suppliers‚ employees. Why is Maximising Shareholder Wealth the Main Objective? 1. Wealth Maximisation Considers Cash Flows Shareholders of a company can realize
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Today there is a lot of talk about compensation‚ its cost to the organization and the company’s return on its compensation investment. As a result‚ a variety of new pay systems have been developed‚ each with its own objectives‚ benefits and risks. Some companies have already installed new pay plans‚ and many more are considering it. Strategic compensation planning allows an organization to focus on its strategic objectives and develop a comprehensive plan‚ considering base pay‚ short- and long-term
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INTRODUCTION The object and purpose must be legal for a contract to be legal. If its purpose is illegal because of statue of common law‚ the contract may be void. If the formation or the performance of a contract is illegal‚ resulting in a crime and/or tort‚ or opposing public policy or interest‚ the contract is usually considered void. For example: Any contract that involves purchasing a stolen item or an illegal drug‚ or involves fraud or harming someone would be considered void. Contracts
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Identity by Daniel Miller; Peter Jackson; Nigel Thrift; Beverly Holbrook; Michael Rowlands Review by: Eric Arnould Page 104 of 104-106 What you’re describing is the clash between a corporation’s global strategy and the reality of its local operations. Somewhere far away‚ someone dreams up a plan and this edict is sent out to offices worldwide. While the headquarters executives may expect uniformity in how each office puts the plan into place — for introducing a new product‚ perhaps‚ or switching
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INTRODUCTION This is a useful circuit for various purposes. In this circuit a counter is activated when a continuously supplied light is been blocked. It uses a counter IC CD 4033.An LDR enhances the counting process. This circuit an be used for various applications such as to count products going over a belt‚ and for counting persons passed at a point etc The project is done as a prototype and its Real one can display a three to ten digit numbers and can count unto thousands.
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with many people around the world. It also supports and makes our lives easier. Therefore‚ I think a phone is an absolute requirement in this constantly developing world. Besides‚ my phone is the most important and valuable object to me that I also consider as a memorable object. My phone was given to me from my dad when the previous phone I had was stolen. It was a Samsung Note 3 and a mysterious thief had stolen it during summer. I was devastated and enraged as my heart cried out for it. All my
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helpless‚ and the forgotten. These are the people who need the most help and guidance. The Oeuvres des Secours aux Enfants‚ or Children’s Aid Society (OSE)‚ is one organization that is known especially across Europe for its role in saving children from the horrors of the Holocaust. Founded by intellectuals and doctors‚ it is a Jewish organization that put forth an effort that was mostly unseen to save children from the Holocaust. The OSE has a rich history of helping those in need‚ and was especially involved
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emphasis towards the minkisi class and their concept of power objects. (217) In the English language‚ there is not an equivelnt word to describe Nkisi‚ however‚ fetish inadequately is often implied. Minkisi is another name for chiefs of the Congo. Grasping their origins‚ composition‚ and ritual context is complex. In Christianity‚ the crucifix is comparable in that it is spiritually related. Cheifs in a sense were comparable to objects in African cultrure in that they were treated in similar ways
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Critically examine views and works on infants’ understanding of the existence of objects which are out of sight and their abilities to imitate. There has been much study into the development of an infant from birth. Attempts have been made to understand how infants perceive the world around them and then how they represent objects and how imitation then develops. In this paper we will consider the work of Piaget and the research that follows to consider if these view provide valid explanations
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## 1. What are three objectives of an OS design? +Answer: convenience‚ efficiency‚ ability to evolve +Convenience: An operating system provides convenience to the user for using computer. +Efficiency: Operating system helps to use computer in efficient manner +Ability: Operating system should permit effective‚ development‚ texting‚ and introduction to new system function without interfering with service + +## 2. What is the kernel of an OS? +Answer: The kernel is a computer program that manages
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