JUSTUS-LIEBIGUNIVERSITÄT GIESSEN Andreas Bausch / Barbara E. Weißenberger / Marcus Blome Is market value-based residual income a superior performance measure compared to book value-based residual income? Working Paper 1 / 2003 – Arbeitspapiere Industrielles Management und Controlling – Herausgeber: Professur für Betriebswirtschaftslehre mit dem Schwerpunkt Industrielles Management und Controlling (Prof. Dr. Barbara E. Weißenberger) Justus-Liebig-Universität‚ Gießen http://wiwi
Premium Economics Net present value Discounted cash flow
The circular flow of income model is a theoretical representation of the economy. It shows the distribution of income within the economy and the interaction between the different sectors in a modern market economy. The five-sector model is a more elaborate model in comparison to the basic‚ two‚ three and four sector models. The model represents an economy like Australia and divides the economy into five main sectors. The first sector in the model is the Households sector. This sector refers to
Premium Economics Macroeconomics Inflation
Managerial Economics Research Report: The Price Elasticity of Demand The Price Elasticity of Demand: 1. Introduction: Price elasticity of demand is an economic measure that is used to measure the degree of responsiveness of the quantity demanded of a good to change in its price‚ when all other influences on buyers remain the same. Elasticity of demand helps the sales manager in fixing the price of his product‚
Premium Supply and demand Price elasticity of demand Elasticity
Assumptions of Perfect Competition The model of perfect competition is built on four assumptions: • Firms are price takers. There are so many firms in the industry that each one produces an insignificantly small portion of total industry supply‚ and therefore has no power whatsoever to affect the price of the product. It faces a horizontal demand ‘curve’ at the market price: the price determined by the interaction of demand and supply in the whole market. • There is complete freedom of entry
Free Economics Profit Microeconomics
TERMPAPER ON APPLICATION OF BUSINESS MATH IN BUSINESS [pic] U N I V E R S I T Y O F D H A K A Submitted to: Md. Ariful Islam Lecturer Dept. of Banking and Insurance Dhaka University Submitted by: Md. Mahfuzur Rahaman Biswas ID No. 51221068 Batch-21st Department of Banking Faculty of Business Studies Letter of Transmittal 12th December 2012 To Md. Ariful Islam Lecturer Department of Banking & Insurance
Premium Time value of money Supply and demand Marginal cost
Since the 12th century and the escalation of separate owner / managed business organizations‚ the assumption that firms maximises profits has been at the forefront of economic theory. Cyert and Hedrick (1972) stated:"The unmodified neoclassical approach is characterised by an ideal market with firms for which profit maximisation is the single determinant of behaviour. Thus predictions can readily be made by combining the description of the market with the results of maximisation of the relevant Lagrangian
Premium Economics Supply and demand Profit maximization
NUCOR MEMORANDUM To: F. Kenneth Iverson and Management Team of Nucor Corporation CC: AGSM Faculty Teams Subject: Investment Decision Date: 04/22/2009 From: 1713898 The Situation In 1986‚ flat sheet segment contained 52% of US total steel market1. Nucor Corporation‚ which is a steel minimill well-known for its leadership‚ efficient operation and well-structured compensation‚ is showing the interest in the flat sheet segment. At the same time‚ there are many new thin-slab casting technologies to
Premium Costs Barriers to entry Strategic management
October 15‚ 1995 Dear Kirk‚ Thank you for the opportunity to be part of this exciting project. Per your request I have evaluated the options for enhancing the production capacity to maintain and further develop our market share. The semiconductor market in business communication is expected to have a compound average growth rate of almost 18% over the next five years. Our current market share within this segment is slightly more than 7%‚ and management wants to see the share of the market
Premium Supply and demand Costs Variable cost
Dear sir/mam‚ I am a student of MBA. I am conducting a research on the topic “An in-depth study on brand switching behavior of youngsters in branded apparel industry”. I would be thankful to you if you can give your precious time in response to this questionnaire. The data provided by you will be kept confidential and used for academic purpose only. 1. How often do you purchase apparels? Weekly (5-8 days) Half monthly (15-20 days) Monthly (25-30 days) depends on season 2. How much
Premium Retailing Microeconomics Family
Price fixing assignment: 1. Why is price fixing an offense? Price fixing my cause market failures and distortions as it harms competition in a free market. This in turn adversely affects economic efficiency and consumer welfare. In India‚ price fixing and other such activities that have an adverse effect on competition are offense under Competition Act‚2002. In US‚ price fixing can be prosecuted as a criminal federal offense under section 1 of Sherman Antitrust Act. 2. What are the implications
Premium Sherman Antitrust Act Cartel Economics terminology