ECO204: Solutions to Homework 5 1. True‚ False‚ Uncertain a. False. Methods to eliminating moral hazard include writing efficient contracts between principals and agents‚ bonding and deferred payments. The methods to eliminate adverse selection include sending signals and relying on 3rd parties to verify quality. b. True. When there is asymmetric information‚ it drives out high-quality goods because consumers have a difficult time differentiating between high- and low-quality goods. As a result‚
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whether egoism is an ethical system. 4. Explain the controversy between relativism and absolutism. 5. Identify the three consistent elements of most of the approaches to resolving ethical dilemmas. Classic Image/Alamy Detective Russell Poole was a Robbery-Homicide Division investigator with the Los Angeles Police Department. In 1998‚ he was assigned an investigation regarding the alleged beating of Ismael Jimenez‚ a reputed gang member‚ by LAPD officers‚ and a suspected cover-up of the incident. In
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In reading “Armed & Underage” by Jeffrey Gettleman‚ and “The Charge: Genocide” by Lydia Polgreen‚ it is clear that when groups come together‚ they help stop injustices and do good by those who are involved. Notwithstanding‚ there are those that conversely the idea. Opponents feel as though when groups come together‚ they can’t stop injustices As seen from Gettleman´s text‚ “But Awil is not a rebel. He is working for Somalia’s government. The U.S. and other Western nations support the fragile Somali
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practices‚ which deterred criminal activities. d. Offer an explanation for why Robbery declined from 1960-2012. -Robbery declined for the several reasons‚ including the increase in community policing and police crackdowns. Additionally‚ the rate of victimization is much higher than the rate of crimes reported to the police. Hence‚
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DEPARTMENT OF TECHNOLOGY AND BUILT ENVIRONMENT Chinese culture‚ Chinese corporation culture and innovation How does a corporation implement innovation properly? Hengsong.TU & Xin.YUAN 06.2010 Master’s Thesis 1 Abstracts: 文化反映在人类生活中的很多方面，诸如做事情方式，沟通的礼节， 教育，历史事件，经济状况等等方面。在很大方面，一个国家的文化 会影响到企业的经营方式。通过当前比较流行的霍夫特德的文化区分 理论，我们了解到中国的文化特点体现为比较长的权利距离，集体主 义倾向，更男性化，强调风险规避以及考虑长期目标。因此，中国的 企业也长期处在中国文化的影响中，表现起来就是中国的企业更强调 集体文化，以及把企业当作家的思想。企业中存在许多的规章制度以 及等级观念，员工的晋升与个人的成就和服从相关联。通过这篇文 章，我们在一系列文献整理的基础上，更好的了解中国文化和中国企
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green eyes glance over to the old wallet that was tugged away in her bag. She put down her silverware when she finished her meal. She pulls out the wallet and opening it to reveal her work ID. Her eyes wander down to the name of the organization. “Armed Detective Agency.” The way her lips move to reading the words felt so familiar. It kind scares her. Glancing down‚ before her fingers pulling on the folded edge of a photograph showing a group of people smiling‚ as she was grinning brightly in the
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Role of Internal Audit Function Nano Circuits Inc‚ is a publicly traded company that produces electronic control circuits‚ which are used in many products. In an effort to comply with SOX‚ Nano is in the process of establishing an in-house internal audit function‚ which previously had been outsourced. The company began this process by hiring a Director of Internal Audits. Nano Circuits’ CEO recently called a planning meeting to discuss the roles of key corporate participants regarding the implementation
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Proposing a Solution I live outside of a small town of 3‚000 people. The water system of our small town supplies drinking water to a population of 3‚000 to 5‚000. Our water system has been in place for 20 plus years and neglect has been rampant for almost the same period of time. Public water systems are governed by regulations and monitored by the State of Louisiana. The Town of Ferriday has been under state mandated “boil orders” more times that you could count. One of the more recent events
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The Mother-Daughter Conflicts in Modern America: Causes and Solutions AP Psychology B4 The Mother-Daughter Bond: Conflict and Comfort Elinor Robin writes about the mother-daughter bond‚ which can be considered a very important relationship. Like many could agree‚ the bond can be a struggle throughout the mother and daughter’s lives because of the different changes that each of them go through. As a woman‚ Robin researched the topic of mother-daughter bonding
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Solution: i. Establishment of estimated growth rate in earnings and dividends. XYZ Company’s current EPS is $4.75. It was $3.90 a year ago. The company pays out 35% of its earnings as dividends‚ and the stock sells for $45. a. Calculate the past growth rate in earnings. b. Calculate the next expected dividend. Assume that the past growth rate will continue Answer: If payout ratio is constant‚ then dividend growth rate will be same as earnings growth rate. a) dividend growth rate over
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