MEANING Profit maximization is the traditional approach and the primary objective of financial management. It implies that every decision relating to business is evaluated in the light of profits. All the decision with respect to new projects‚ acquisition of assets‚ raising capital‚ distributing dividends etc are studied for their impact on profits and profitability. If the result of a decision is perceived to have positive effect on the profits‚ the decision is taken further for implementation
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The title of my story is: The Winepress From the beginning I want to tell a short plot of this story and then I will start analyze it. Charles Jousselin de Gruse was a winemaker. One day he was on the meeting with foreign diplomats. All people tried his wine and it was unusually tasty. And then he told the story of this wine. Pierre (de Gruse) was in love with Faniry. But she was jealous‚ and after some time he killed her by a winepress. All people was impressed by the story‚ and then they
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eWas Lenin’s leadership the main reason for Bolshevik success? Although initially Lenin was the one to make the Bolsheviks overthrow the Provisional Government‚ there were a number of long term factors that led to this revolution. The Provisional government were so weak that it meant that the Bolsheviks were the only party able to seize power in October 1917. The fact that the Provisional Government failed and the Bolsheviks were successful‚ was due to the fact they were a weak government who barely
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Abstract Have you ever wondered how not-for-profit organizations are not-for-profit? Or how not-for-profit organizations can operate at an accounting profit but still be considered a not-for-profit organization? Over the year’‚ not-for-profit organizations have had many changes in rules and regulations set forth for not-for-profit organizations to abide by. There are three major financial statements involved with not-for-profit organizations and one voluntary financial statement‚ plus four key governmental
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the success of the follow on hypnotic sessions and the hypnotist and subject have to develop a good rapport and feelings of mutual trust‚ respect and warmth for the sessions to be fruitful. In many situations in business‚ social and medical fields‚ the first meeting of two people is the most crucial and impression forming‚ as the first information gathering you assimilate about a person can be hugely impressionable. You will both be highly attuned to the information you gather at this first meeting
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For Profit Vs. Not For Profit organizations: I would like to start with the more interesting type of organizations to discuss and that is not for profit organization (NPO). The first advantage to NPO is simply tax exemption (IRS‚ 2012)‚ once an organization meets certain criteria and is approved as a NPO‚ it doesn’t pay tax on its income. It is very important to understand here that the money saved from not paying tax is reinvested in such organization to either continue providing the type of services
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The Thirty Years’ War The Thirty Years’ War from 1618-1648 was a major turning point in European history‚ seen from a military revolution‚ by gaining larger armies‚ a religious revolution‚ through Catholicism no longer being the predominant religion‚ and the rise of France‚ through becoming the dominant nation in Europe. There was a huge military revolution‚ when king Gustavus Adolphus of Sweden came into power during the Thirty Years’ War. Adolphus revolutionized the army in many ways. He organized
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First Three Kings of Israel There was a time when Israel did not have a king. When Israel got their first king‚ he was wayward and did not always follow the rules set‚ but he did repent. The next king was closer to God and was chosen by God. He helped build up Israel and passed it on to his son. Following his father’s example‚ he also helped Israel thrive. These kings were not perfect but they were chosen for the job‚ and did their best and accomplished much. Israel was destined a have a king. According
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Miguel‚ Manila LESSON PLAN (FINAL TEACHING DEMONSTRATION) First Year - English Assignment given the day before: 1. Read the essay entitled “I’m Glad I’m A Little Guy” by Carlos P. Romulo. 2. Research on the biography of the author. I. Objectives At the end of the lesson‚ the students should be able to develop the following skills: A. Focus Skill: Realize that one’s physical appearance is not a hindrance to one’s success. B. Support Skills: 1. Point out meanings of certain words
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Child Development 0-3 Years Physical Development During the early stages of life‚ a child can progress from being physically dependent‚ to independent in the first three years. From birth‚ children are already developing physical skills‚ in the form of grasping‚ sucking and kicking. As babies grow older to the age of 1‚ they will tend to develop mobility skills such as crawling and rolling. Most children learn to walk at the age of 2‚ they are able to control their movements and becoming more
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