DIVERSIFICATION AND FIRM PERFORMANCE: AN EMPIRICAL EVALUATION Anil M. Pandya and Narendar V. Rao Abstract Diversification is a strategic option that many managers use to improve their firms’ performance. This interdisciplinary research attempts to verify whether firm level diversification has any impact on performance. The study finds that on average‚ diversified firms show better performance compared to undiversified firms on both risk and return dimensions. It also tests the robustness of these
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2.5 Working Capital This section includes: Definition and classification of working capital Determinants of Working Capital Measurements of Working Capital Working Capital Financing Management of Working Capital Inventory management Cash Management Receivables Management INTRODUCTION : The term working capital is commonly used for the capital required for day-to-day working in a business concern‚ such as for purchasing raw material‚ for meeting day-to-day expenditure on salaries‚ wages‚ rents rates
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Business community on May 17 go to the Nike shoe counter replacement differences make up the difference amount of staff tell the differences; to buy a new Nike walking clothes home to wash to create fade ... published by this newspaper on May 11 "Nike shoes for several months and it broke‚ "three guarantees" soon as a shield "to stimulate consumer concern‚ recently‚ they have to this response‚ I troubled purchase Nike products. May 13‚ the reporter in the interview to create Nike’s complaint is
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With reference to the significant person ‘Isaiah’‚ explain the contribution to the development and expression of Judaism and analyse the impact of this person on Judaism. The prophet Isaiah played an important role in the development and expression of Judaism as a dynamic‚ living religion through the impact of his works. The impact of Isaiah is evident in both the development and expression of Judaism both in his time and in modern society‚ as his teachings‚ for the Jewish people‚ prove to be
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CHAPTER 20 COST-VOLUME-PROFIT ANALYSIS OVERVIEW OF BRIEF EXERCISES‚ EXERCISES‚ PROBLEMS‚ AND CRITICAL THINKING CASES Brief Exercises B. Ex. 20.1 B. Ex. 20.2 B. Ex. 20.3 Topic Cost behavior patterns Cost classifications Using a cost formula B. Ex. 20.4 B. Ex. 20.5 B. Ex. 20.6 Using a cost formula Computing required sales volumes Computing required sales volumes B. Ex. 20.7 B. Ex. 20.8 B. Ex. 20.9 B. Ex. 20.10 Contribution margins and selling prices Evaluating marketing strategies Selecting an
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THE THEORY OF THE FIRM Notes by:Ramon Somar THE THEORY OF THE FIRM Even though managerial economics is not concerned solely with the management of business firms‚ this is its principal field of application. To apply managerial economics to business management‚ we need a theory of the firm‚ a theory indicating how firms behave and what their goals are. The concept of the firm plays a central role in the theory and practice of managerial economics. An understanding of the reason for the existence
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female pt planning to start a family. How long after the vaccination should the nurse instructs the pt to wait before getting pregnant? 12 weeks A child is brought by his parents to the HCF for MMR vaccination. On taking the medical hx‚ the nurse understands that the child had received an antivenin injection for snakebite 2 days before. Which of the following is the most appropriate time period for administration of live vaccines to the child? After 6 to 12 weeks A child who is recovering from
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Summary of the Article‚ ”Why do firms exist”……….. Ronald Coase may not be as famous as other economists due to his non-recognisable status but at the turn of the century ‚ he was able to achieve a recognisable status by applying practical theories on pre- existing economic theories. Highlights Deregulation revolution of 1980s Re-surfacing the pin factory which was the foundation of division of labour criticism of earlier economics theories of Adam Smith and others. Bureacracy in modern business
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A patient with an ileal conduit must work with the nurse to learn how to care for their external pouch before and after the formation. It is the role of the nurse to explain how the pouch system works before and after the procedure. The nurse must explain to the patient on how their urostomy bag will consists of two pieces‚ a barrier that sticks to the skin and a disposable plastic bag/pouch that attaches to the barrier or sometimes it may come all attached as one piece. The barrier protects the
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Working Capital Exercises – Part 2 1. Lewis Enterprises is considering relaxing its credit standards to increase its currently sagging sales. As a result of the proposed relaxation‚ sales are expected to increase by 10% from 10‚000 to 11‚000 units during the coming year; the average collection period is expected to increase from 45 to 60 days; and bad debts are expected to increase from 1% to 3% of sales. The sales price and variable cost per unit are P40 andP11‚ respectively. The firm’s required
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