Roemer engages Rawls’s idea of a “resource bundle” with Nozick’s‚ Sen’s‚ Dworkin’s‚ and Arneson’s theories‚ shying away from evaluating microcosms of inequality on a realistic scale. Roemer predicates the basis of his argumentation upon Rawls’s broad assumption that an ideal society‚ providing resource bundles of food‚ education‚ and housing to all‚ will result in people with a self-driven “conception of welfare.” The problem with Rawls’s theory lies in the assumption that once given the supplies
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Introduction Virgin Atlantic Airways (VAA) was set up in 1984 to provide a competitive alternative for business and leisure passengers on long-haul routes between the UK and major destinations. It was founded by Virgin group management and in few decades time it became prominent figure in UK airline business. It has grown steadily over past 25 years and now serves 30 destinations in US‚ Africa‚ Asia from Heathrow‚ Gatwick‚ Manchester and Glasgow (Palmer‚ 2012). Currently Virgin Atlantic is managed by Singapore
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Atlantic Corp – case study | | | | Question 1: Is the acquisition of Royal’s Linerboard mill and box plants a sound strategic move? Yes. Atlantic corporation intends to increase its linerboard capacity‚ as it is a net buyer of linerboard. This acquisition of Royal by Atlantic Corporation would be a horizontal integration‚ which occurs when both the firm being taken over and the firm taking over are in the same industry and in the same stage of production. The linerboard industry
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Pricing is one of the most important elements of the marketing mix as it is the only mix‚ which generates a turnover for the organization; the remaining 3p’s are the variable cost for the organization. It costs to produce and design a product; it costs to distribute a product and costs to promote it. Price must support these elements of the mix. Pricing is difficult and must reflect supply and demand relationship (Constantinides‚ 2006). Pricing a product too high or too low could mean a loss of sales
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Kyle Strommer APEL:2 Ms. McMillan 510/11 The Atlantic Monthly Essay Even 100 years ago‚ writers and people have confronted issues that still remain today. In this essay by one of the writers from The Atlantic Monthly‚ he utilizes the use of an analogy‚ strong and even diction‚ and uses strong facts to support his ideas on what he thinks of the arguments and ideas which existed during the time period of his life‚ which still don’t really contain any validity due to our complex society in
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Option Valuation Chapter 21 Intrinsic and Time Value intrinsic value of in-the-money options = the payoff that could be obtained from the immediate exercise of the option for a call option: stock price – exercise price for a put option: exercise price – stock price the intrinsic value for out-the-money or at-themoney options is equal to 0 time value of an option = difference between actual call price and intrinsic value as time approaches expiration date‚ time value goes to zero 21-2
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What is a computer? Computer is technically defined as an electronic device use to process data‚ converting this data into information that is useful to people (Norton‚ 2000). It is the dumbest creation of man. What you see is what you get. They do not lie (Cain). The invention of this device did changes in the human life. In a relatively short time of its existence‚ the computer has spawned an industry that continues to grow rapidly. Today most of the students largely depend on this electronic
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Atlantic Aquaculture‚ Inc. Capital Budgeting with Staged Entry Question 1 A – Even though Atlantic Aquaculture already bought the land needed for 300‚000 USD‚ its value today is 900‚000 USD. We can therefore conclude the 900‚000 USD is an opportunity cost as the land can be sold at this value. B – In this case it is best for the company to use the option to the land acquisition. By calculating the NPV the option is worth $-852‚093.66. Buying the land without the option would bring the company
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Pricing strategies An enterprise should have a good pricing strategy which is suitable to the company’s current situation or condition in order to earn more profits. By adopting a good pricing strategy‚ company has a key option to stay viable. If a company wants to earn more profit‚ merely raising the price of a product is not a good option particularly in economy recession. It can lead a company to downfall as the company’s product lost out in the marketplace because of the price factor. Product
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studyLG believes in honest pricing and not being gimmicks of discounts and price reduction as lure. Their strength of marketing is consumer pool‚ good products and pricing power. * Its product designs are centred on the middle & upper class and the ads screened highlight the product features. * Its employees are totally committed to quality and innovation. They chant “TPI 50 and TDR”‚ which signifies‚ total productivity innovation and tear down re-engineering. Through this method the
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