Capital Structure‚ Profitability and Market Structure: Evidence from Textile Industries in Bangladesh. Introduction In corporate finance‚ the academic contribution of Modigliani and Miller (1958‚ 1963) about capital structure irrelevance and the tax shield advantage paved the way for the development of alternative theories and a series of empirical research initiatives on capital structure. The alternative theories include the trade-off theory‚ the pecking order/asymmetric information theory
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THE ANALYSIS OF INTRODUCTION AND CONCLUSION STRATEGIES USED IN OBAMA’S SPEECHES A. Introduction 1. Background According to Slagell (2009)‚ in everyday language‚ public speaking refers to the communication practice of a speaker sharing ideas with an audience primarily through speech. The process of sharing ideas for the audience can be done in many ways such as speech or also called as oratory. Following Astuti (2011‚ p.23-26) stated that public speaking including speech has many important
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There are different kinds of market structures in this economy. Perfect competition‚ as one of them‚ is often described as the ideal market structure‚ and only treated as a theoretical ideal. If we compare the perfect competition market with other types of market structure‚ such as monopoly‚ monopolistic competition‚ and oligopoly‚ it will be obvious that the perfect competition is ideal mainly due to the presence of productive and allocative efficiency. In perfect competition‚ there are a large
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Ideal concepts‚ when implemented into the real world‚ very often fail to survive. The perfectly competitive market structure is not an exception. The model is based on such strict assumptions that its adaptation into everyday life situations‚ in most cases‚ is simply impossible; however it is often described as the ideal. In the long-run‚ when all the factors of production can vary‚ given that the maximalisation of earnings is a natural goal behind every firm’s activities‚ only under the perfectly
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disadvantages” to what extent is this an accurate description of the free market economic system? In this essay I am going to explore some of the advantages and disadvantages of the free market economic system and create a conclusion to support or to not support the statement. The first advantage of the free market is that consumers are faced with a wide range of choice‚ price and quality. Therefore there is no need for black markets as citizens are free to spend their money how they wish. This also means
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Conclusion Managers in the 21st century are encountering extremely significant challenges in their process of management in an organisation such as hiring and keeping the right employee‚ building a strategic mindset‚ crafting an innovative culture and organisation‚ developing system thinking and also getting rid of short term mentality. An organisation will need to have a caliber HR manager in order to own a team of committed employees. It is HR managers’ responsibility to make sure
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CLRC Writing Center Structure of a Personal Narrative Essay “Narrative” is a term more commonly known as “story.” Narratives written for college or personal narratives‚ tell a story‚ usually to some point‚ to illustrate some truth or insight. Following are some tools to help you structure your personal narrative‚ breaking it down into parts. The “Hook” Start your paper with a statement about your story that catches the reader’s attention‚ for example: a relevant quotation‚ question‚ fact
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Christina Rossetti’s poem “Goblin Market” published in 1862 depicts sisters‚ Lizzie and Laura‚ as goblin men walk past selling their fruits. In the context of this essay‚ an allegory is meant to be interpreted as an alternative‚ figurative understanding of the text that lies underneath the literal meaning of the text. Some critics believe “Goblin Market” to be an allegorical attack on the Victorian woman and the society of Rossetti’s time. In this context‚ the Victorian woman is to be understood
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THE PARTS & STRUCTURE OF THE ACADEMIC ESSAY 1.0 INTRODUCTION 1.1 An academic essay has the following parts: An introductory paragraph of two sub-parts - general to specific statements leading to the specific topic‚ and the thesis statement. Body paragraphs‚ which either present (1) information in a logical sequence‚ or (2) a supported argument to convince the reader of your opinion or answer to the essay question. A concluding paragraph of two sub-parts - either a conclusion or summary of
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Cash Physical → Machinery -Enterprise (risk-takers) Organise other factors and allocate resources to reach goal Market systems -Free market Consumers buy; Producers sell without government intervention Invisible hand of competition will facilitate the market -Planned economy All decisions are made by the central government in the economy State monopoly Free market: Advantages Disadvantages Effective and efficient as there is competition Essential services (healthcare) may not
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