Common Sense Economics: What Everyone Should Know About Wealth and Prosperity Marcus C Boykin PPOG 502 January 31‚ 2014 I am not an economist. I never took a class in economics as an undergrad‚ nor had any interest to do so. As an undergrad I thought economics should be left to the accountants and business professionals while I focused my attention on policies and politics. When I learned I had to take a graduate level course
Premium Economics Social sciences Psychology
Trust Company going to finance and invest to Auto-Drive Company’s latest product? Will Auto-Drive Company be able to penetrate the market and make an outstanding revenue similar to Xerox Corporation and Polaroid Corporation? Company Background Auto Drive Company Auto-Drive Company is developing Auto-drive- an auto pilot technology installed in cars which makes it impossible for the car to run off the road or into another car. Mr Cooper‚ a senior trust officer at the Big City Trust Company sees
Premium Xerox Corporation Photocopier
Intellectual capital-Tomorrow’s assets‚ today’s challenge Executive summary Abstract This report has the following objectives: Defining the intellectual capital; exploring how to change the tacit knowledge into intellectual knowledge; suggesting how to turn intellectual capital into revenue; highlighting the intellectual management in enterprises. With increasing emphasis on that intellectual property is the greatest asset‚ this report also investigates the ways to protect intellectual capital
Premium Capital Capital accumulation Balance sheet
Companies and Securities Law Assignment Venture Pty Ltd‚ which uses the Replaceable Rules for its Constitution‚ is a small proprietary company originally. As it is growing fast‚ the shareholders are all on the Board and they all have a number of complicated transactions with the company. Many of them are suppliers to the Company and most of them have loans or finance of some sort with the Company. The business is growing so fast that the original type and structure of the company may hinder the
Premium Public company Initial public offering Corporation
GMO WHITE PAPER March 2012 What Goes Up Must Come Down! James Montier A Little Detour into My Murky Past Nearly a quarter of a century ago‚ I was a young‚ naïve‚ and foolish believer in an economic concept known as rational expectations – an elegant‚ mathematically beautiful theory with no practical use. In Star Wars parlance‚ I had effectively been seduced by the dark side. Thankfully‚ several of my university lecturers were determined to save me from this terrible fate. They insisted on teaching
Premium Tax Balance of trade Economics
An executive summary for managers and executive readers can be found at the end of this article Commercializing intellectual property: a university-industry alliance for new product development Cyril M. Logar Professor of Marketing‚ West Virginia University‚ Morgantown‚ West Virginia‚ USA Thomas G. Ponzurick John R. Spears Professor of Marketing‚ Department of Marketing‚ West Virginia University‚ Morgantown‚ West Virginia‚ USA Research Associate‚ West Virginia University‚ Morgantown‚ West
Premium Private sector New product development Marketing
European economic expansion‚ colonialism‚ and mercantilism which lasted from approximately the sixteenth century until the early eighteenth century. Beginning with the Crusades‚ Europeans rediscovered spices‚ silks‚ and other commodities rare in Europe. This development created a new desire for trade‚ and trade expanded in the second half of the Middle Ages. European nations‚ through voyages of discovery‚ were looking for new trade routes in the fifteenth and sixteenth centuries‚ which allowed the
Free Scientific method Scientific revolution Science
Common Sense for the Common Good “Man knows no Master save creating HEAVEN‚ /Or those whom Choice and common Good ordain” (Paine 1). Preceding the first lines of his introduction‚ Thomas Paine utilizes this quote from James Thompson to set the mood and express the understated meaning of his ground-breaking pamphlet‚ Common Sense. Published in 1776 during a time of heated tension between Colonial America and Great Britain‚ Common Sense became an influential force from which the ideologies of the
Premium John Locke United States Declaration of Independence Thomas Paine
Assignment Common Law Common law is based on the bible‚ stare decisis and precedent. Basically what this means is that common law is recognized as law even if it is not actually written in the books. For example common law marriage is recognized when a couple lives together for so long even if they do not have an actual marriage license(Miller & Jentz‚ 2010). Jurisdiction Jurisdiction is the authority of the court to hear a case. For example federal court hears federal laws‚ where a state
Premium Common law Law Judge
An oil company must decide whether or not to drill an oil well in a particular area that they already own. The decision maker (DM) believes that the area could be dry ‚ reasonably good or a bonanza. See data in the table which shows the gross revenues for the oil well that is found. Decision Dry (D) Reasonably Bonanza(B) good(G) Drill $0 $85 $200 m Abandon $0 $0 $0 Probability 0.3 0.3 0.4 Drilling
Premium Decision theory Probability theory Game theory