An Empirical Investigation of Arbitrage Pricing Theory: A case Zimbabwe Petros Jecheche University of Zimbabwe ABSTRACT This study investigates the Arbitrage Pricing Theory for the case of Zimbabwe using time series data from 1980 to 2005 within a vector autoregressive (VAR) framework. The Granger causality tests are conducted to establish the existence of causality among the variables like inflation‚ exchange rate and Gross Domestic Product. The VAR estimates as shown by the impulse response
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Sears continued to grow throughout the early 1900’s. Nevertheless‚ in 1907‚ there was another downturn in the economy and Sears sales constricted for the first time (Bean‚ 2010). Sears wanted to expand operations in an effort to combat the economic depression‚ but Rosenwald and other business associates disagreed. According to Bean (2010) Sears felt like an outsider‚ so in 1908‚ he elected to resign as president and sold his share of the company for $10 million dollars. Even with the exit of Sears
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What was going on in Chicago in the late 60‘s and early 70‘s? - There was a lot of construction going on. The City was getting bigger and getting modernized and expanding with new skyscrapers‚ buildings and expressways. The Mayor of Chicago was Richard J. Daley Sr.. Chicago had not grown much since the Great Depression. Daley was a big part of the growth in the 60‘s and 70‘s. The 1968 Democratic Convention was held in Chicago. There were lots of civil right issues at the time. There was the Chicano
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community attend and graduate from a higher education institution‚ other women are being motivated. It is because of the struggle of women during the 20s‚ 30‚ 40s and 50s that women today are free to pursue dreams with no limitations. Women can study and practice any occupation they like and while women work hard to get a raise or find jobs‚ employers can no longer deny women the right to work in the field of their choice. Over the years women have become a strong impact to our economy‚ family
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INTRO: Here at Quaalude Consulting Inc. we strive to provide organizations such as London Health Science Centre (LHSC) the best possible solutions for all dilemmas companies may encounter. The risk of an Influenza pandemic is seen as an external risk‚ meaning it is a risk that will arise from events outside of the company and are beyond its influence or control. The management that must be taken towards such a risk must focus on the identification but also the mitigation of their impact. Although
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A Role for Equity Theory in the Turnover Process: An Empirical Test1 RODGERw.GRlFFETH2 AND STEFAN GAERTNER Department of Management Georgia State Universiw The purpose o f the present study was to examine the role o f equity theory in the context of the contemporary turnover process. A model was developed and tested with 192 hospital employees using structural equation modeling (SEM)‚ which placed satisfaction and intention to quit as mediators of employee turnover. The results strongly support
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Maslow’s Hierarchy of needs was proposed by Abraham Maslow in 1968‚ it is his theory that a person’s basic needs must be satisfied before we can focus on those that are more abstract (Wood‚ 2013). The Hierarchy is usually displayed as a pyramid with the basic needs at the bottom and the more complex needs at the top. The bottom starts with an individual’s physical needs such as air‚ food‚ water the things needed to survive. As humans communication is also needed to survive‚ because it helps us to
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A1 Segmentation of the Cadbury’s World target market is based not only on age‚ but also on social‚ economic‚ demographic and psychological factors. Using data from the Target Market Profile Sheet and looking at the lifestage segmentation it can be concluded that Full Nesters are more likely to visit Cadbury World because of children’s attractions. Also‚ the consumers’ activities‚ interests and opinions are a very important factor in defining this venue’s target market. On studying the Profile Sheet
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MCDONALD`S RECIPE FOR SUCCESS I. Background of the study According to wikipidea‚ McDonald ’s Corporation is the world ’s largest chain of hamburger fast food restaurants‚ serving around 68 million customers daily in 119 countries. McDonald ’s primarily sells hamburgers‚ cheeseburgers‚ chicken‚ french‚ breakfast items‚ soft drinks‚ milkshakes and desserts. In response to changing consumer tastes‚ the company has expanded its menu to include salads‚ wraps‚ smoothies and fruit. Jim Delligati is
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Part A Utilitarianism Upon applying utilitarianism theory to Tom’s current situation‚ Tom would maximise the greatest good and increase the happiness of more people and parties by exaggerating his work experience. The first party that would benefit from this is his parents. As was said in the case study (2014)‚ Tom’s mother had lost her job a few years ago and has remained unemployed since. Tom’s father has also not been doing well financially‚ as his business has not been doing well as of lately
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