Theory of Human Capital What’s Human Capital? Human capital refers to the stock of competences‚ knowledge and personality attributes combined altogether to perform labour so as to produce economic value. It is the attributes gained by a worker through education and experience. * Economists views on Human Capital The set of skills possessed by the worker of the company Development of skills is an important factor in production activities Human capital model reveals that investment in
Free Unemployment Economics Capital accumulation
recipient of an intervention is a person or a multi-national corporation‚ the ultimate goal is the same: to improve the effectiveness of the organization. This document reviews selected techno-structural interventions – change programs focusing on the structure and/or technology of the organization. Each intervention’s purpose‚ cost‚ procedures‚ expected results‚ likely results as documented in the literature‚ and reports of industry use are provided‚ along with a list of relevant references. Most summaries
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Categories of corporate restructuring Corporate Restructuring entails a range of activities including financial restructuring and organization restructuring. 1. Financial Restructuring Financial restructuring is the reorganization of the financial assets and liabilities of a corporation in order to create the most beneficial financial environment for the company. The process of financial restructuring is often associated with corporate restructuring‚ in that restructuring the general function and
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case study will focus on the proposed capital structure decisions of Diageo. 2) Is Diageo’s current capital structure appropriate to its new business? It believes that it has traditionally had a conservative debt policy. If so‚ is that policy still appropriate? Has Diageo’s capital structure been as conservative as it believes? (What interest rate coverage ratio has it been targeting? How does it look relative to its competitors?) Diageo’s capital structure has not been as conservative as it
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to examine two theoretical approaches from communication theory. Two theories I have selected to inform the reader are Technological Determinism and Genderlect Styles Theories. To my knowledge the reader has no idea of how these two communication theories operate. I will use the knowledge from class lectures and materials such as scholarly articles and online research to inform the reader of how these two theories can be effective in their communication skills. To gain a better understanding of technological
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Magic Bullet Theory (Mass Media Communication Theory) Rey B. Labial Jr. Dr. Ismael N. Talili Presenter‚ TCM 3k2 Professor of Communication Introduction Theory Definition Magic Bullet Theory‚ also known as the Hypodermic Needle Theory‚ was the first major theory concerning the effect of the mass media on the society. The theory implies that mass media has a direct‚ immediate and powerful effect on its audiences. Theorist HAROL LASSWELL Background Information
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extent can Human Capital Theory provide a plausible explanation for inequalities in the labour market? Illustrate your answer with examples of labour-market segmentation tied to race or gender or social class. Introduction: Human capital theory can be identified as studies of organisations‚ individuals or nations which accumulates stock of productive skills and technical knowledge from study of investments (Becker‚ 1964).By following the judgement of human capital theory it can be said that
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Communication is a transactional process and in a health context it is an important part of health and social care. Communication is an essential‚ instrumental and purposeful process. The communication transaction is one of sharing information using a set of common rules. In health and social care communication is a planned process the effectiveness of this planned process comes to fruition when the audience has achieved‚ acted on or responded to a message. The basic representative model of communication
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Solution 1: (i) P0 = D1 Ke - g CA – IPC TEST CAPITAL STRUCTURE = 3.50 (1.06) 0.15 – 0.06 = `41.22 (ii) Ke = D1 + g P0 0.15 = 3.50 (1 + g) + g 50 7.50 = 3.50 + 3.50g + 50g g= 4 = 7.48% 53.5 Solution 2: (i) Determination of EPS at EBIT level of `22‚00‚000 Financing Plan (a) (b) Equity Shares (`) Debentures (`) Pref. EBIT 22‚00‚000 22‚00‚000 Less: Interest (16‚000) (1‚21‚000) Taxable Income 21‚84‚000 20‚79‚000 Less: Tax @ 30% (6‚55‚200) (6‚23‚700) EAT 15‚28‚800 14‚55‚300 Less: Dividend on Pref
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Argyle’s Communication Theory(Cynosaurus ) 6. Message understood (receiver) (etal‚ 2012) 5. Message decoded (decodes) Advantages Explains how communication is a two way process and therefore explains how conversation works. This means that health and social care workers need to be good listeners and need to check others are understanding what they are saying. Disadvantages Its emphasises that health and social care workers need to be good listeners and have a variety of communication skills to
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