particular degree of success‚ given the level of resources applied to a particular objective. In any business‚ an efficient manager is one who uses limited resources available viz.‚ time‚ material and men to get the job done in a more professional manner. This includes securing productive and profitable results in a short span‚ using funds allotted for a business more legibly yet smartly‚ and appraising employee performance etc.‚ In other words‚ an efficient manager would keep the business running even in
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Equilibrium in Financial Markets with Adverse Selection* Tuomas Takalo and Otto Toivanen Bank of Finland and Helsinki School of Economics This draft: 25th November‚ 2002 ABSTRACT We study the determinants of equity and loan financing in an equilibrium model of financial markets with adverse selection. In our model all agents are endowed with initial wealth and choose to invest as entrepreneurs or financiers‚ or not to invest. We find that i) equilibrium financial contracts are either equity-like
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wore black t-shirts and jeans‚ and that they smiled and looked happy as they shot their victims. It was initially reported that some of the attackers were British citizens‚ but the Indian Government later stated that there was no evidence to confirm this. Similarly‚ early reports of twelve gunmen were also later shown to be incorrect. On December 9‚ the ten attackers were identified by Mumbai police‚ along with their home towns in Pakistan: Ajmal Amir from Faridkot‚ Abu Ismail Dera Ismail Khan from Dera
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struggle for survival‚ the fittest win out‚ on the expense of their rivals because they have succeeded in adapting themselves best to their environment. This means competition is much more intense in the business‚ market place where different people compete with each other in order to emerge on the top and make more profits. This essay will discuss monopolistic competition which is the market structure in which there is a relatively large number of producers offering the similar but differentiated
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MEN ARE BORN TO BE LEADERS Usually in a typical sibling scenario‚ the oldest one tends to be the role model‚ the boss‚ or even the leader. In my case‚ I had to switch roles with my older brother. About four years‚ my brother had been hit by a car. Following the accident‚ he had severe brain injuries and fell into a coma for about two weeks. Thankfully‚ he managed to make it through the storm and face the real world again. However‚ his life perspective altered. It was difficult for him to stand upright
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Traits: Traits refer to recurring regularities or trends in a person’s behavior (Hughes‚ Ginnette‚ & Curphy‚ 2002‚ p. 168). Exhibiting leadership traits is strongly correlated with people’s desire to follow the leader. Exhibiting these traits will inspire confidence in one’s leadership. Personality traits are useful for explaining why people act fairly consistently in different situations. Knowing differences in personality traits can help predict more accurately how people will tend to act in different
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managers are made or born” is continuing for decades since and the role of managers is concerned. But the idea is changing through time. Nowadays‚ technology and management skills have continued to develop; managers are required to be consistently followed up and updated themselves to fit in. With this perspective‚ I strongly believe that managers are well-trained through experience and training processes to really become “good” ones. That is why organisations spend millions of dollar on leadership training
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Leaders and Leadership An Analysis of Kevin Rollins and his Leadership Style MBA 517 –T Outcomes This paper will discuss some elements on what makes an effective leader and how their leadership style can transform a company. This paper will specifically discuss the leadership style of Kevin Rollins‚ who was the chief executive officer of the computer giant
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or professional. It is important to understand that a leader has to be comfortable dealing with uncertainty and change. First it is important to understand who a leader is. At the most basic level‚ a leader is someone who guides or leads other people. In more detail‚ a leader is a strong individual who has a vision or a purpose. He or she also has the skills and dedication required to see this vision through‚ guiding others to believe in this vision and implementing the plan so that the desired result
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Leadership: The Trait Approach The primary purpose of my leadership final project was to become more familiar with the trait approach. While the trait approach was one of the earliest theories of leadership‚ I think it is still valid in today’s society. I wanted to better understand the trait approach‚ and learn more about each of the traits within this leadership approach. After reading Chapter 2 in our textbook‚ I found myself reflecting on various traits and characteristics that I have‚ as
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