European Journal of Operational Research 154 (2004) 345–362 www.elsevier.com/locate/dsw Returns to scale in different DEA models Rajiv D. Banker a‚ William W. Cooper b‚ Lawrence M. Seiford c‚ Robert M. Thrall d‚ Joe Zhu e‚* c School of Management‚ The University of Texas at Dallas‚ Richardson‚ TX 75083-0658‚ USA Graduate School of Business‚ The University of Texas at Austin‚ Austin‚ TX 78712-1174‚ USA Department of Industrial and Operations Engineering‚ University of Michigan‚ Ann Arbor‚ MI
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CONCEPT QUESTIONS - CHAPTER 1 1.1 ( What are the three basic questions of corporate finance? a. Investment decision (capital budgeting): What long-term investment strategy should a firm adopt? b. Financing decision (capital structure): How much cash must be raised for the required investments? c. Short-term finance decision (working capital): How much short-term cash flow does company need to pay its bills. ( Describe capital structure. Capital structure
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CAT Paper T10 Managing Finance Written By: Seah CONTENTS Chapter 1 Cash and cash flows Chapter 2 Forecasting cash flows Chapter 3 Cash forecasting techniques Chapter 4 Cash and treasury management Chapter 5 Investing surplus funds Chapter 6 Working capital management Chapter 7 Managing payables and inventory Chapter 8 Managing receivables Chapter 9 Assessing creditworthiness Chapter 10 Monitoring and collecting debts Chapter 11 The banking system and financial markets Chapter 12 Economic influences
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Industrial Organization: Content overview: Part 1: Theoretical foundations: • Chapter 1: Industrial Organization: an introduction: Chapter 1-An introduction- A perfectly competitive industry has 6 main characteristics: 1) large number of buyers and sellers 2) producers and consumers have perfect knowledge 3) the products sold by firms are identical 4) firms act independently and aim at maximizing profits 5) no entry or exit barriers 6) firms can sell as much output as they want at the current
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UNIVERSITY OF NAIROBI SCHOOL OF ECONOMICS THE RELATIONSHIP BETWEEN CORRUPTION AND ECONOMIC GROWTH IN KENYA MULEMBO ENOKA X75/3844/2008 GERALD NGILAI MUEMA X74/3741/2008 GITHINJI JOSEPH MULWA X74/3726/2008 WANGARI ELIJAH GACHOHI X75/3777/2008 KIRU JOSEPH KAMAU X74/ 3599 /2008 TABLE OF CONTENTS INTRODUCTION 1 1.1 Background to the study 1 1.1.1 Ministry of Finance Kenya………………………………………………………
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Cost Theory in Economics A central economic concept is that getting something requires giving up something else. For example‚ earning more money may require working more hours‚ which costs more leisure time. Economists use cost theory to provide a framework for understanding how individuals and firms allocate resources in such a way that keeps costs low and benefits high. 1. Function * Economists view costs as what an individual or firm must give up to get something else. Opening a
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Capital Budgeting Read Chaptes 7‚8 & 9 Problems from Chapter 7 : 1 to 28 Chapter 8 : 1 to 23 Chapter 9 : 1 to 24 1. NET PRESENT VALUE A. The Basic Idea Net present value—the difference between the market value of an investment and its cost. While estimating cost is usually straightforward‚ finding the market value of assets can be tricky. The principle is to find the market price of comparables or substitutes. Perspectives: Using the text example (page 257)‚ the basic idea
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APPLICATION FORM & INSTRUCTIONS – JANUARY‚ 2014 The Indira Gandhi National Open University established by an Act of Parliament in 1985 has emerged as a World leader in Open and Distance Education. The University offers a variety of academic programmes at Certificate‚ Diploma‚ Undergraduate‚ Post Graduate and Doctoral levels covering various areas of knowledge. These programmes are offered through Schools of Studies located at the IGNOU Headquarter at Delhi. The delivery of academic programmes
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HOW TO SUCCEED IN BUSINESS: PRINCIPLES for BECOMING a POWERFUL LEADER By Manana Ugulava for the Graduate Degree in Master for Business Administration On March‚ 6 2013 Academic year 2012 - 2013 Campus: Madrid United International Business Schools DECLARATION OF OWN WORK I hereby declare that this thesis is my own original work. When other sources‚ data‚ charts and pictures have been mentioned or used I have clearly referenced and acknowledged them. Signature: | | | | ACKNOWLEDGEMENT
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Theorem‚" Journal of Law and Economics‚1978‚ 21‚ 67-95. Braga‚ C. A.‚ "The Economics of Intellectual Property Rights and the GATT‚" Vanderbilt Journal of Transnational Law‚ 1989‚ 22‚ 243-264. Braunstein‚ Y. M.‚ D. M. Fischer‚ J. A. Ordover‚ and W. J. Baumol‚ "Economics of Property Rights as Applied to Computer Software and Data Bases‚" United States Department of Commerce: PB-268 787‚ 1977. Breyer‚ S.‚ "The Uneasy Case for Copyright: A Study of Copyright in Books‚ Photocopies‚ and Computer Programs‚"
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