MICRO-ECONOMICS ASSIGNMENT Q(1) Explain and illustrate with diagrams the differences between diminishing marginal returns and decreasing economies of scale and cite causes and examples. Ans. The law of diminishing returns is also called the law of variable proportion‚ as the proportions of each factor of production employed keep changing as more of one factor is added. The law of diminishing returns does not imply that adding more of a factor will decrease the total production‚ a condition
Free Economics
British Journal of Management‚ Vol. 9‚ 91-114 (1998) Attributes of Successful and Unsuccessful Acquisitions of US Firms^ Michael Hitt‚* Jeffrey Harrison‚^ R. Duane Ireland* arid Aleta Best§ *Lowry Mays College of Business Administration‚ Texas A&M University‚ College Station‚ TX 77843-4221‚ •College of Business Administration‚ University of Central Florida‚ Orlando‚ FL 32816‚ ’Hankamer School of Business‚ Baylor University‚ Waco‚ TX 76798-8004‚ and ^College of Business and Industry‚ University
Premium Firm Debt Mergers and acquisitions
one must follow a few traits‚ including: good leadership skills and to accomplish a goal that benefits people or a place. Gilgamesh‚ in The Epic of Gilgamesh‚ certainly follows many heroic traits‚ but fails to have the utmost vital qualities that would make him fitting to be a hero. In order to be a hero‚ one must be a superior leader. A good leader is always optimistic‚ have integrity and support the people you are leading. Gilgamesh fails to show the qualities of a good leader. He “arrogantly drives
Premium Leadership Epic of Gilgamesh Hero
Almost every child has heard the phrase‚ "You can grow up to be president someday." And part of that rings true‚ but is everyone really cut out to be president? What qualifies someone to be a good president? Sadly‚ not everyone can be president‚ and a good lot of people should never be put in any type of leadership role. A president should be compassionate‚ intellectual‚ and conviction. A man who I believe has all of these qualities is president Theodore Roosevelt‚ throw in animal magnetism‚ a sharp
Premium President of the United States United States Voting
A leader is a person who guides or directs a group. A leadership philosophy is a view or theory needed by a leader in other to attain good leadership skills and also reach team goals. As a soccer captain my leadership philosophy not only needs to win state championships‚ but also has to direct each and every team member including me to discipline‚ self control‚ and respect‚ and with this in mind my personal leadership philosophy is called “Mission Statement”. As a leader‚ I like to state or even
Premium Management Leadership Goal
Effective Leader Essay On the island of Hawaii there was a warrior that changed the history of hawaii by becoming the first ruler of all the islands. His name is was Kamehameha. He was a very skilled person in almost all the ali’i subjects and he was kind and and wise person. Kamehameha had trouble growing up as a child because many people thought that he would kill all the chiefs because when his mother was pregnant she started craving for a tiger sharks eye. Luckily the prophecy was thrown out
Premium
LEADERS ARE BORN NOT MADE There have been an age long debate‚ and humans since beginning of time‚ have tried to come up with an answer to this question – Are Leaders born or are they made?. This question has generated an age long debate‚ which in turn has resulted in various school of thoughts‚ some believe that leaders are born‚ while others think otherwise. My contribution to this lifelong debate will serve as a pointer to my position on this issue. I strongly believe that leaders are born and
Premium Leadership Management Nelson Mandela
1. Basically‚ I think the most important skill that one needs to be a good Peer Leader is the ability to influence others‚ but there are other characteristics one needs to have to be an effective Peer Leader. In order to be influential‚ you need to have the ability to communicate well with others. Without the ability to talk to others‚ how is it possible to influence and direct others in the right direction? I’m a person that has the ability to engage with others easily‚ so communicating about what’s
Premium High school
useful is the Trait Approach to Leadership 1. Introduction Leadership defined as position (power and responsibility relation) or person (personality traits) or result (outcomes) or process (Grint‚ 2010). Person-based leadership resonates with the traditional traits approach. Trait theory‚ as the name gives away‚ is an approach to identify human personality and measure patterns of thoughts and behaviours from individual to individual. Lord et al (1986) indicated that personality traits show relatively
Premium Leadership
“What are the greatest lessons learned by Filipinos from their colonial experiences? Explain?” Being brave‚ well-disciplined‚ helpful and also love for their country are some of the lessons they had learned. They fight for their own freedom. They not allow their selves to be under controlled by other races. They learned to love their country because if they will allow it to be conquered‚ they will lose their own home. They will be slaves forever. Filipinos learned to be strong‚ not to give up
Premium 2006 albums American films 2005 albums