maximises profits has been at the forefront of economic theory. Cyert and Hedrick (1972) stated:"The unmodified neoclassical approach is characterised by an ideal market with firms for which profit maximisation is the single determinant of behaviour. Thus predictions can readily be made by combining the description of the market with the results of maximisation of the relevant Lagrangian."In recent years their has been extensive literature by economists questioning the theory of profit maximisation
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Case Study Chapter 1: The role of capital market intermediaries in the dot-com crash of 2000 1. What is the intended role of each of the institutions and intermediaries discussed in the case for the effective functioning of capital markets? i. Venture Capitalist: provides capital for the company in the early stage of development and ensures company to have a good management team and sustainable business. VC demand high return on investment and sells stock usually to public through IPO
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MILLION PEOPLE MARCH On October 11‚ 2011‚ a global network occupying movements under the banner of “United for Global Change” mobilized hundreds of thousands in 951 cities in 82 countries around the world through the social network (Castells‚ 2012). This social movement happened to claim social justice and true democracy and relied on the internet to create a movement. In the Philippines‚ a movement was also made through the social network but to gather millions of people to protest about the current
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Eric Macy 10:00-10:50 CA Rough Draft Worth a Research In the articles “Condemn the Crime‚ Not the Person” by June Tangney and “Shame is Worth a Try” by Dan Kahan the authors discuss alternatives to incarceration to non-violent crimes. In Kahan’s article he introduces the alternative called “Shame Sentencing”(574) and June Tangney introduces the alternative to incarceration and shaming with a future productive “Guilt Sentencing.”(568) In their articles Tangney and Kahan both have valid points
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6-2 NETWORK ACCESS REQUIREMENTS The steps required to gain access to the FCKY Network are as follows: If you have had an account with another post‚ talk to the automations specialists before completing any of these steps. Register at https://atc.us.army.mil. Register with your AKO email. Once registered‚ log back in IOT associate CAC with username. Ensure you answer the three questions that follow. If you fail to do this‚ you will be unable to apply for an account. Go to https://ia
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lags behind more recent interpretations of what is considered appropriate behavior‚” is can be assumed that Whirlpool’s decision to close the plant and open a plant in Mexico was completely within the confines of the law. Whirlpool is spending $21 million in employee termination costs and has given enough notice to employees to adapt to the changes. The ethical responsibilities in this case are for Whirlpool to do what is EXPECTED of the business by society. Given that the stakeholders had an overwhelming
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the trouble was difficult. (2) 100-Mbps or Fast Ethernet(Fast Ethernet is sometimes referred to as 100BASE-X where X is a placeholder for the FX and TX variants)‚ The 100 in the media type designation refers to the transmission speed of 100 Mbit/s. The "BASE" refers to baseband signalling. The TX‚ FX and T4 refer to the physical medium that carries the signal 100BASE-TX is the predominant form of Fast Ethernet‚ and runs over two wire-pairs inside a category 5 or above cable. Like 10BASE-T
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PROBLEMS 1. Table 3.3 shows the December 31‚ 2009 pro- forma balance sheet and income statements for R& E Supplies‚ Inc. The pro- forma balance sheet shows that R& E Supplies will need external funding from the bank of $ 1.4 million. However‚ they show $ 1.27 million in cash and short- term securities. Why are they going to the bank when they have most of the required amount in their cash account? 2. Pro forma financial statements‚ by definition‚ are predictions of a company’s financial statements
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Topic: What is Dunlop’s model & Tripartite Gum model used in Singapore? Dunlop’s Model • An analytical framework for studying employment relations which comprises of three participants: o Government and its Agencies o Management and its Representatives o Workers and their Union • This tripartite relation also depends on the environment which includes: o Technology advancement o Market condition (including budget constraints) o Distribution of power in society
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Government and Not-For-Profit Environment TRUE/FALSE (CHAPTER 1) 1. F The main objective of a typical governmental or not-for-profit entity is to earn a profit. 2. TA government’s budget may be backed by the force of law. 3. FGovernmental entities have no need for an accounting system. 4. TA government’s internal managers rely on general purpose financial statements for a considerable amount of information about their government. 5. FGovernments and not-for-profits may never engage
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