1) FIRM OBJECTIVES: The standard economic assumption underlying the analysis of firms is profit maximization. Real world firms‚ however‚ might not‚ and many times do not‚ make decisions based on the profit-maximization objective‚ or at least exclusively on the profit-maximization objective. Other objectives include: (1) sales maximization‚ (2) pursuit of personal welfare‚ and (3) pursuit of social welfare. Although firms are assumed to make decisions that increase profit in standard economic
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Like political parties‚ interest groups perform critical functions in a democratic system. In the process of attempting to influence politics and policy‚ interest groups 1.organize individuals with similar interests Just as parties organize the unorganized‚ interest groups provide the means for people with common interests to find each other‚ pool their resources‚ and engage in collective action . This function of interest groups points up the important distinction between interests andinterest
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Donald Trump has not only reinstated Ronald Reagan’s 1984 global gag rule‚ but has taken it a step further to extend the ban to cover all organizations receiving global health assistance. In addition to causing a large setback the progress of many organizations that seek to aid some of the world’s unmet need for family planning‚ Trump’s extended ban could also contribute to increased numbers of abortions and deaths in Africa. The global gag rule forbids US family planning aid from going to specific
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these include internal and external; virtual and physical threats. All of which can be tackled in some manner. Some are easier address then others. Internal Internal threats to an organization is a threat to an organization that roots from the organization its self. For example; employees‚ ex-employees and other people who may in in contact with the organization. These people may have access to confidential data that regards the security of the organization and the data it holds. These threats
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a conventional start‚ perhaps it would be worth our while to look at what "capital structure" actually means. In broad terms‚ it is essentially the firms ’ mix of debt and equity but it would be wrong to assume that this is all there is to it. These two terms belie the complexity that lies beneath‚ from the viewpoint of the decisions that any firm must take - that is to say‚ what kind of debt and which type of equity. Capital structuring would then‚ deal with how a concern splits its cash flows
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Structure 1. Discuss how firms within an oligopolistic market compete. 2. Discuss whether monopoly is always an undesirable form of market structure. 3. Explain how interdependence and uncertainty affect the behaviour of firms in Oligopolistic markets 4. Evaluate the view that only producers‚ and not consumers‚ benefit when oligopolistic firms collude to try to reduce the uncertainty they experience. 5. Explain why contestable markets generally function more efficiently than noncontestable
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origins and functions of the Hindu Caste System: A Sense of Duty That Stands The Test of Time Abstract This essay explores the origins and functions of the Hindu caste system‚ its correlation to the Hindu religion‚ and its impact on the Hindu society and culture. My research concludes with a progression of expanding world views‚ which are changing the way most Indians view themselves in relation to the world around them. The origins and functions of the Hindu Caste System: A Sense
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Complex Number System Arithmetic A complex number is an expression in the form: a + bi where a and b are real numbers. The symbol i is defined as √ 1. a is the real part of the complex number‚ and b is the complex part of the complex number. If a complex number has real part as a = 0‚ then it is called a pure imaginary number. All real numbers can be expressed as complex numbers with complex part b = 0. -5 + 2i 3i 10 real part –5; imaginary part 2 real part 0; imaginary part 3 real part 10; imaginary
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of the government after Congress passes statutes. These are also called regulations. Regulations do not start in the executive branch of government where agencies form. They start in the Congress‚ where they are the requirements for the establishment of the agency involved or function of an agency. The rules start with a legislative act of Congress. Agencies of the federal government issue more than four thousand (4000) final rules each year. These cover all the agencies of government. Creation and
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Observations Hazards / Good Practice Control measures Immediate‚ medium‚ long-term actions Timescale (Immediate‚ 1 week‚ etc) (1) Good practice: Adequate lighting‚ ventilation‚ and low background noise levels. Continue the good practice. Ongoing (2) Good practice: Operating manuals were available for some of the work equipments. Immediate: Continue to make the manuals accessible to the relevant employees. Medium: Arrange a suitable place to hold the manuals and inform employees about
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