Objectives of Firms Introduction to Business Objectives Standard theory assumes that businesses have sufficient information‚ market power and (importantly) motivation to set prices for their products that maximise profits This assumption is now heavily criticised by economists who have studied the organisation and objectives of modern-day corporations. Not only do most businesses frequently move away from pure profit-seeking behaviour‚ many are organised and operated in a way where profit is not the
Premium Business Business school Management
Aims of sentencing. Retribution. · Based on idea of punishment‚ because offender deserves punishment for his/her acts. · Does not seek to reduce crime or alter the offender’s future behaviour. · Concerned only with the offence that was committed and making sure that the punishment inflicted is in proportion to that offence. · Contains element of revenge (eye for an eye) and is used to justify long prison sentences. · Tariff sentences Idea that each offence should have a set tariff with
Free Crime
Objectives of COMESA COMESA was established in 1994 to replace the Preferential Trade Area for Eastern and Southern Africa (PTA)‚ which had been in existence since 1981. The PTA was established within the framework of the OAU’s Lagos Plan of Action (LPA) and the Final Act of Lagos (FAL). Both the LPA and the FAL envisaged an evolutionary process in the economic integration of the continent in which regional economic communities would constitute building blocks upon which the creation of an African
Premium World Trade Organization International trade General Agreement on Tariffs and Trade
Functional Groups of Organic Compounds A functional group is a specific arrangement of atoms in the HC derivative other than carbon and hydrogen. Literally‚ the functional group determines the functions of the particular HC derivative in chemical reactions. This means that the specific properties of the HC derivative are due to its functional group. Each functional group is attached to an alkyl radical (R). An alkyl radical is one H atom less than the given alkane. The alkyl radical (R) uses
Premium Ester
What are the main objectives and methods of privatisation? This essay will look at the main objectives and methods of privatisation‚ it will begin with the brief history of privatisation and how it came about‚ it will then move onto what privatisation really is by defining it‚ having done so it will look at the general objectives of privatisation and after this it will move onto the general methods of privatisation‚ having gone through this it will move onto a case of privatisation in the UK from
Premium Privatization Tax Public sector
Comparing Two Similar Businesses: Amazon.com and Borders Books Jennifer Kleinfield Alethia Gardner BUS 302 7/26/2012 Comparing Two Similar Businesses Amazon.com and Borders Books are two companies who had very different outcomes after years of business. One is still successful‚ even today‚ while the other is no longer open. One changed with the times‚ developing new technologies and new strategies that suited the ever changing trends of society. The other did not realize how crucial change
Premium Borders Group
Explain the views of at least 3 main stakeholders for each of your businesses What are the aims and objectives of the business? Who are the main stakeholders? What are they trying to achieve from influencing the organisation? What is their impact? Burger King The main aims and objectives of Burger King would of initially been to survive and establish themselves‚ but now as they are a huge global business they will want to become the number one fast food restaurant‚ expand (have more restaurants)
Premium National Health Service Stakeholder analysis Stakeholder
Explain how and why the Functional Perspective is the legitimating rationale (explanation or justification) for a Capitalist economy‚ and give examples of this justification through race‚ religion‚ class‚ gender‚ and educational level. Then‚ critique the Functionalist ideology from the Conflict Perspective and describe how the stratification system produces deviants (not criminals‚ but rather those who fall outside the expectations in actions‚ thoughts‚ appearance‚ credit-score‚ etc) and the result
Premium Sociology Structural functionalism Functionalism
The Aims of Education Education as a whole has many goals. However‚ one of its main missions is to teach the children‚ who will be the leaders of the future. Therefore‚ it is highly important that the children of today be thoroughly taught in all of the important subjects. This is where a major controversy can develop. Who is to say what is or is not an important school subject? A child can only be taught so much through formal schooling. As a result‚ a teacher must select what is the most appropriate
Free Education School Teacher
EUROPEAN COMMISSION European Research Area Food‚ Agriculture & Fisheries & Biotechnology Functional Foods Studies and reports Interested in European research? Research*eu is our monthly magazine keeping you in touch with main developments (results‚ programmes‚ events‚ etc.). It is available in English‚ French‚ German and Spanish. A free sample copy or free subscription can be obtained from: European Commission Directorate-General for Research Communication Unit B-1049 Brussels‚ Belgium
Free Nutrition