recession from which it is still reeling had many causes. One of them was mathematics. Financial investment firms had developed such complex ways of investing their clients’ money that they came to rely on arcane formulas to judge the risks they were taking on. Yet as we learned so painfully three years ago‚ those formulas‚ or models‚ are only pale reflections of the real world‚ and sometimes they can be woefully misleading. 2008年股市崩盤使全球陷入經濟蕭條，如今仍餘波盪漾。探究經濟蕭條發生的原因，我們發現數學是其中之一。金融投資公司早就發展出一套複雜的方法來運用客戶的資
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appropriate course of action Acquire Fracking License Start-up costs and NPV analysis Potential exit opportunity analysis General Electric should pursue a Hydraulic Fracking operation in the Karoo region of South Africa‚ where massive profits can be had The company could then pursue a sale of the venture‚ or spin-off the venture to lock in profits while maintaining a stake in the business 4 GENERAL ELECTRIC COMPANY OVERVIEW 5 General Electric Company Overview Background & Strategic
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Essay On Online Vs Traditional Education Working adults and stay-home parents looking to further their education may use online education as a resourceful tool to extract a better learning environment. In today’s society‚ online education is designed specifically for working adults and stay home parents with busy schedules and social responsibility. Some employers are now demanding more education from their employees along with in field experience than ever before and the job market is increasing
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are‚ “any group or individual who can affect or is affected by the achievement of the organization’s objectives”. The main objective for firms is profit maximization and for this reason I agree to a certain extent that large corporations abuse their power against stakeholders. Firstly‚ Customers‚ “provide the lifeblood for the firm in the form of revenue.” (Freeman 1984). Firms are reliant on customers as they indirectly fund the development and growth of firms. However‚ customers want value for
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Digital Storytelling For Cross-Cultural Communication In Global Networking Patricia Search Abstract In global networking the human-computer interface is the crucial communication link between the author and the user. In website design it is important to r ecognize cultural differences and understand how the design of the computer interface can reflect the culture of a particular audience. Digital storytelling is a design technique that can reflect cultural differences and engage the user. Modern
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Assignment 2 (a)Outline the main forms of flexibility as defined in Atkinson’s (1984) model of the flexible firm (b) What are some of the strengths and weaknesses of the Atkinson model? ANSWER PLAN: Introduction/Background o What are the aims of flexibility o Guest (1987) de-centralisation helps to create flexibility o What are the main forms of flexibility that modern organisation need Body: 4 types of flexibility o Functional/Temporal/Numerical/Financial Body 2: Atkinson’s
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Current digital media is having a positive impact on society because it has improved workplace productivity. Digital media having a positive impact on society help’s set up a successful environment‚ at a school‚ work‚ or in the area where the person is using the digital media. The use of digital media is huge‚ it touches everything in society. Sarra Bean believes that “Digital media now touches almost every aspect of a typical organization‚ from how talent is sourced and deployed‚ to how work gets
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following advantages of digital photography over basic film photography. Digital photography is gaining in popularity for a ton of reasons simply because it is so versatile for taking all types of pictures. However‚ some of you are still hesitant to make the switch from film to digital. Some reasons to make the switch from film to digital are that the cost is less expensive than film‚ the instant gratification‚ and the built in editing features. Taking pictures with a digital camera is less expensive
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film camera and digital camera. For instance‚ a film-based camera records images directly onto a light-sensitive coated film‚ while a digital camera records images (via an image sensor) onto flash memory cards. A digital camera comes with an LCD display which can be used for viewing images immediately after you have taken the shot‚ whereas for film‚ you have to bring it to a photolab for developing before you can see the picture There are many differences between film and digital photography. To
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their information will be handled in a very profession and secure way. There are many ways in which the internet can be a useful tool for the accounting and auditing firm. The ability to receive information from the client in an electronic format for would be useful for inputting that data into the accounting software. It would also be convenient because it would allow the firm to us a tax software that is connected directly to the IRS to receive updates immediately when they are available.
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