THE LAWS OF RETURN TO SCALE The laws of return to scale explain the behavior of output in response to a proportional and simultaneous change in input. Increase in inputs proportionately and simultaneously is in fact expansion of the scale of production. Statement: “As a firm in the long run increases the quantities of all factors employed‚ other things being equal‚ the output may rise initially at a more rapid rate than the rise of increase in inputs‚ then output may increase in the same proportion
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4. Responsibility of Corporations: Rationale‚ source and limits Whether there is social responsibility or obligation proper to speak of towards corporations is a topic of debate. However‚ the suspicious perception of business personnel towards CSR is understandable‚ essentially because the policy choices and actions of government may directly impact their operations‚ with a spillover effect on their responsibility to their stakeholders especially their employees and customers. a. Theoretical
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What do you think of “Westernization” in Malaysia? Provide argument and examples. Nowadays‚ we can see there is a lot of westernization in Malaysia. People in Malaysia like to copy the style from western country because they think that country more develop than our country. From my point of view‚ westernization in Malaysia give disadvantages rather than good thing. The westernization gives bad impact to the Malaysian people especially teenagers because we can see that teenagers today have lack
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CORPORATION LAW INTRODUCTION Definition and attributes of a corporation A corporation is an artificial being created by operation of law‚ having the right of succession and the powers‚ attributes and properties expressly authorized by law or incident to its existence. A corporation‚ being a creature of law‚ "owes its life to the state‚ its birth being purely dependent on its will‚" it is "a creature without any existence until it has received the imprimatur of the state acting
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Do you think people’s personality are the same ? Personality is the most difficult terminology to understand and describe. In short‚ Personality is the sum total of ways in which an individual reacts to and interacts with others. For example‚ you could have some friends who are more talkative than others. You may have some friends who love to be taken risks and others who are risk-averse. This consistency is an essential requirement for personality theory because it attributes a person’s behavior
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AUSTRALIAN CORPORATIONS LAW Question 1 I THE PROCEDURE BY WHICH A COMPANY CAN BE FORMED The formation of a company‚ known as incorporation‚ is achieved ‘by a process of registration controlled by the Australian Securities and Investments Commission.’ A Pre-registration Requirements The pre-registration requirements are: • The selection of the classification and type of company • The selection of a company name‚ this is optional • Completion of the application of registration using
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“What do you think of the kid‚ Curly?” The two men were sitting at a rickety wooden table in the bunkhouse. The wood stove gave off an insufficient amount of heat for the still chilly Spring. “I think he’s a cocky son of of a buck‚ but he can ride; that’s for damn sure. Did you see how he topped off that roan horse‚” Dakota said. “Stuck it on him like patting for a dance.” Old man Stegner won the roan in a poker game at the saloon in town. He was a big‚ good looking rawboned
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asked him a question‚ “Do you think Julia is pretty”. Pompey pondered the question with interest and replied‚ “Why do you think Julia is pretty”. Now Jamie did not know how to reply to his question even though he started the conversation. “Um never mind I’m going to go eat downstairs”‚ said Jamie. After Jamie left Pompey started wondering about Jamie’s question “Julia is pretty but why would Jamie ask that”‚ he thought to himself. Pompey did not think about the question any further and continued
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Research Paper * « Do companies have a responsibility not to destroy the environment or should profits be allowed at any environmental cost? » Although environmental issues influence all human activities‚ companies and usual people have integrated green issues into their way of life. This is a kind of marketing‚ or not. As society becomes more concerned about natural environment‚ business have begun to modify their behavior against this new and current problem‚ but at what price for them
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Introduction “Corporate finance theory‚ teaching and the typically recommended practice at least in the US are all built on the premise that the primary goal of a corporation should be the maximization of shareholder value.” (Krishnan‚ 2009) One often stumbles upon such statements while reading about shareholders value or maximization of shareholders wealth. This is also a typical answer to questions such as “what is the best and primary objective of a company in a competitive market”. But should it
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