will discuss the small firm effect as an anomaly which counter-argues the efficient market hypothesis in relate to the capital assets pricing model. Furthermore‚ the supporting evidence and influence of this anomaly will be included in the essay. Moreover‚ the reason of existence and profitability will be discussed. At last‚ a conclusion about whether or not to use this anomaly earn profit will be provided. Explanation of small firm effect and its methodologies Small firm effect refers to a situation
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KNOWLEDGE BY ACQUAINTANCE I53 Knowledge by Acquaintance and Knowledge by Description Bertrand Russell Russell‚ Bertrand (1917). Knowledge by acquaintance and knowledge by description. Proceedings of the Aristotelian Society‚ 1910-1911. Reprinted in his his Mysticism and Logic (London: George Allen
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educating non-current users of the advantages of CA adhesives (SuperBond) and the advantages of dispensing equipment. The plan will utilize direct mail and media that will be reinforced by future SuperBonder advertising. Company Analysis Loctite Corporation is a market leader in development and marketing of adhesives and sealants with a clearly stated objective to become a premier worldwide marketer of instant adhesives for industrial use by 1985. To reach this objective Loctite uses a high quality
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Knowledge management systems: strategic asset or not? Abstract In the knowledge based economy today‚ it is important for organisations to rapidly collect and share knowledge with globally dispersed locations. KMS is collection of technical artefacts designed to help organisations to achieve such goal. The purpose of this essay is to evaluated whether KMS are strategic asset from resource based view. The outcome of the finding determines whether KMS can be leveraged to facilitate knowledge dissemination
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themed thriller starring Tom Cruise and Gene Hackman‚ The Firm was one of the movies revolving around Partnership and the related laws. Mitch McDeere‚ played by Tom Cruise‚ is a newly employed associate at Bendini‚ Lambert & Locke and a graduating law student from Harvard. Although gladly absorbed by the company through tempting salary packages‚ McDeere finds out the firm’s illegal activities causing him to be in action. Generally‚ The Firm is not only a partnership concern. It includes related laws
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practice” in the context of knowledge management? Why is important to have “proven/best practices”? What are the basic functions of communities and associated examples? What are the approaches that make the “communities of practice” work for ConocoPhillips‚ Fluor‚ and Schlumberger? (p61-64) Knowledge retention has been a top priority for the Aerospace Corporation since its founding in 1960. Most of the programs in which Aerospace is involved go on for decades‚ making knowledge retention critical in the
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A brokerage firm‚ or simply brokerage‚ is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller. Brokerage firms serve a clientele of investors who trade public stocks and other securities‚ usually through the firm’s agent stockbrokers.[1] A traditional‚ or "fuAn investment brokerage firm is a commercial enterprise‚ which functions like an helps its clients in multiple aspects. An investment brokerage firm acts as an intermediary between
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17. Marke4ng in the global firm Dr. Holger Siemons 17. Marke4ng in the global firm IKEA case study on global marke4ng Global marke4ng strategy Targe4ng customer segments and posi4oning Standardiza4on and adapta4on Global branding Global product development Interna4onal pricing Interna4onal marke4ng
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Acquiring core capabilities through organizational learning: Illustrations from the U.S. military organizations∗ Pierre Barbaroux♣ ♣ Cécile Godé-Sanchez♣ Research Center of the French Air Force Defense and Knowledge Management Department CReA 10.401 – BA 701 – F-13661 Salon Air {pbarbaroux ; cgs}@cr-ea.net Abstract. This paper focuses on the development of core capabilities through organizational learning. It insists on the variety of learning types which must be articulated in order
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Marriott Corporation: The Cost of Capital Simrith Sidhu‚ Amy-Jane Miocevich‚ Jacques Rousset‚ Jing Tao Task One: Marriott uses the Weighted Average Cost of Capital (WACC) to measure the opportunity cost for investments. WACC is calculated using the 1987 financial data provided in the Marriot Corporation: The Cost of Capital (Abridged) case study and estimators. WACC = Cost of Equity x (Equity/Debt +Equity) + Cost of Debt x (Debt/(Debt + Equity)) x (1 – Tax Rate) This method is applied for
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