Review Questions Topic 2: The Nature of the Employment Relationship 1. Why is the employment relationship interdependent? In order to tap the creative and productive powers of workers‚ employers cannot treat them as any other market commodity. Employees can always bargain with their compliance‚ commitment and effort. Hence‚ to some extent‚ employers must seek a cooperative relationship with their workers in order to gain their consent to managerial directives. Employees‚ on the other hand‚ are also
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L1 - Modigliani & Miller (1958) ‘The Cost of Capital‚ Corporation Finance and the Theory of Investment’ This article mainly discusses the cost of capital‚ the required return necessary to make a capital budgeting project worthwhile. Cost of capital includes the cost of debt and the cost of equity. Theorist conclude that the cost of capital to the owners of a firm is simply the rate of interest on bonds. In a world without uncertainty the rational approach would be (1) to maximize profits and (2)
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behaviour and further implications to international marketing. . International Journal of Management Cases. 15 (4)‚ p287-300. Mendick ‚ R. (2013). Muslim staff at Marks & Spencer can refuse to sell alcohol and pork. The Telegraph. (Retail and Consumer). Miller‚ D ‚ Ewest‚ T. (2010). Rethinking the impact of religion on business values: understanding its reemergence and measuring its manifestations . Journal of International Business Ethics . 3 (2)‚ p55. Mutsikiwa‚ M. (2012). The Influence of Socio-cultural
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Human tendency to constantly seek self-validation through externalities reveals the sardonic manner of life. Our true infinitesimal importance captures the evading pursuit in finding a sense of purpose which our fingertips to no avail try to grasp. Our attachment to prevalent tangibles parallels the parasitic host dynamic in which we cast ourselves to give ourselves a sense of significance and need. Reveling in the uncertainties and doubt‚ life feeds off us breeding a false notion of time. Its apparent
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This gave him the liberty to compare the United States and Europe from the outside looking in‚ in terms of values and morals. In one of his more famous novels‚ Daisy Miller‚ James analyzes the social themes of the two and concludes that Europeans tend to be more stiff‚ knowledgable‚ and therefore evil. Americans‚ on the other hand‚ are more innocent and free. James describes the character of Daisy as "an extraordinary
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Knowles‚ M Knowles‚ M.‚ & Associates. (1984). Andragogy in Action. Applying modern principles of adult education. San Francisco: Jossey Bass. Savicevic‚ D.M Stewart‚ D. W. (1986a). Adult learning in America: Eduard lindeman and his agenda for lifelong learning. Malabar‚ FL: Krieger Publishing. Stewart‚ D Tough‚ A. (1978). Major learning efforts: Recent research and future directions. Adult Education‚ 28‚ 250-263. Welton‚ M Anderson‚ M. L.‚& Lindeman‚ E. C. (1927). Education through experience
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Self is called into question as Captain Delano‚ of Herman Melville’s Benito Cereno‚ faces himself in situations unlike any he has approached before. This concept of self shapes the way in which Delano acts once aboard the San Dominick and how he tackles the obvious uneasiness that his peers face. While aboard the San Dominick‚ Captain Delano is required to look at himself in a completely different way than he has ever done so before and he does this through Jacques Lacan’s mirror stage. He undergoes
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1. Biography of Ernest Miller Hemingway "Certainly there is no hunting like the hunting of man and those who have hunted armed men long enough and liked it‚ never really care for anything else thereafter. You will meet them doing various things with resolve‚ but their interest rarely holds because after the other thing ordinary life is as flat as the taste of wine when the taste buds have been burned off your tongue." (’On the Blue Water’ in Esquire‚ April 1936) A legendary novelist‚ short-story
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Employment Law Outline General Theme for Regulating/Not Regulating: Structure of Legal Responses to Problem 1. Economic Rational a. Inefficient for government to intervene b. People best at knowing what they want (rational beings) 2. In balance of information between employer/employee (safety) 3. Power inbalances a. Employees may have no other options (captive) b. Employers have more power in general 4. People are irrational‚ don’t know what is best for them 5. Social cost to society from “rational”
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12.1 Types of assessment used in lifelong learning There are three types of assessments used in lifelong learning. These are; * Initial * Formative * Summative At the beginning of a course the prior knowledge of a student must be uncovered; this is what the initial assessment is for. Establishing knowledge of ability through an initial assessment allows the tutor to tailor the teaching material appropriately‚ giving more time when lesson planning to cover weaker areas and spending
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