NOTES ON NEOCLASSICAL (SOLOW) GROWTH MODEL Neoclassical Growth model shows why growth rate of per capita income cannot be maintained through continuous saving and investment. The reason is that as capital per labor rises‚ marginal productivity of capital runs into diminishing returns. Let the production function be : Y = output‚ K = capital stock and L = labor force (population). This function is assumed to be constant returns to scale type ie if you multiply each input by a
Premium Investment Economics Capital accumulation
understand the process of changing addictive behaviors is a model of intentional behavior change called the transtheoretical model. Transtheoretical model (also known as the stages- of- change theory) suggests that one of the major challenges in substance abuse treatment is to “creatively adapt to the complexities of change using a selection of change processes dependent upon individual’s readiness" (Diclemente‚ C. C.‚ p. 2‚ 1999). In this model‚ there are three critical elements in the change process:
Premium Drug addiction Addiction Drug
Michael porter’s five forces analysis is a frame work for industry analysis and business strategy development formed by Michael E Porter of Harvard business school in 1979.Five Forces model of Michael Porter is a very elaborate concept for evaluating company’s competitive position. Three of porters five forces refer to competition from external sources and the remainder are internal threats .porters referred to this forces are micro environment to contrast it with more general term macro
Premium Porter five forces analysis Strategic management Complementors
The Transtheoretical Model (TTM)‚ also known as the Stages of Change Model‚ was developed in 1983 by Prochaska and DiClemente‚ coming out of their work comparing the experiences of smokers who were able to quit on their own and those who quit using professional treatment (Glanz & Rimer‚ 2005). They proposed that behavior change is not a single event but rather an ongoing process where individuals move through six stages: precontemplation‚ where people are not yet thinking of change; contemplation
Premium Management Psychology Debut albums
The Presentation of Self (Goffman’s Dramaturgical model) A. The Dramaturgical Model 1. All the World’s a Stage 2. The Performance B. Impression Management 1. The Definition of the Situation 2. Expressions and Impressions 3. Front Stage‚ Back Stage 4. Accounts‚ Excuses‚ & Justifications 5. Self Enhancement and Ingratiation 6. Self Awareness‚ Self Monitoring and Self Disclosure A. The Dramaturgical Model Erving Goffman is probably one of the most important sociologists in relation to
Premium Sociology Impression management
SPJIMR ‘2013 Application of Malcolm Baldrige in the current American Industry Term Paper - MQPE Shishir Jindal PGP-12-065 Rajesh P PGP-12-208 Rajesh P PGP-12-208 ABSTRACT The Oxford dictionary describes an organization as “an organized body of people with a particular purpose”. Organizations‚ whether business‚ government or non-profit‚ play an important part in satisfying the complex and changing needs of the society. In doing so‚ organizations bring together their human‚ capital
Premium Strategic planning Malcolm Baldrige National Quality Award Customer
people‚ for human resource is the most valuable resource any organization has. Top management is identifying corporate core competencies and working to establish them throughout the organization. Human Resource Development builds competency based models that drive business results. Nucsoft recognises that the future of the organization depends on their competent employees than on any other resource. It is a major factor that determines success for nucsoft. Competencies are the inner tools for motivating
Premium Human resource management Competence The Work
Theories o Role Theory o The Managerial Grid Participative Leadership o Lewin’s leadership styles o Likert’s leadership styles Situational Leadership o Hersey and Blanchard’s Situational Leadership o Vroom and Yetton’s Normative Model o House’s Path-Goal Theory of Leadership Contingency Theories o Fiedler’s Least Preferred Co-worker (LPC) Theory o Cognitive Resource Theory o Strategic Contingencies Theory Transactional Leadership o Leader-Member Exchange (LMX)
Premium Leadership
Communication models One of the key tasks of social marketers is to develop effective messages which provide individuals and organisations with the information required to achieve behavioural change. Communication represents the ‘transmission of information‚ ideas‚ attitudes‚ or emotion from one person or group to another’. There are many models and frameworks available to help with communications planning. The communication process involves: the sender‚ the message itself‚ encoding the message
Premium Marketing Communication Promotion and marketing communications
Everything You Wanted to Know About Logic Models But Were Afraid to Ask This paper addresses situations where a private foundation designs an initiative and awards grants to a number of sites to participate in the initiative in their local setting. The basic ideas are applicable to other situations. What is a Logic Model? The term "logic model" comes from the evaluation field‚ but these models don’t just belong to evaluators or the evaluation plan. As the term suggests‚ they are a basic
Premium Logic Mathematics