Science and Education Development Strategy for a Textile Firm Luu Trong Tuan1 1 University of Social Sciences and Humanities‚ Ho Chi Minh City‚ Vietnam Correspondence: Luu Trong Tuan‚ University of Social Sciences and Humanities‚ Ho Chi Minh City‚ Vietnam. E-mail: luutrongtuan@vnn.vn Received: September 26‚ 2011 doi:10.5539/jms.v2n2p136 Abstract The researched firm is a state-owned company of more than forty years of operation and is one of pioneer companies providing textile and garment to
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The traditional profit maximizing theories of the firm have been criticised for being unrealistic. As a result‚ alternative theories of the firm were introduced (Sloman & Sutcliffe‚ 2001). One of the alternative theories of the firm is Growth maximization. Following are the main motives for the firms to grow: The cost motive: A growth maximising firm can lower its long run average costs by exploiting economies of scale and economies of scope. Economies of scale come into effect when increasing
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Project Topic: Profit Maximization of a firm. Profit maximization has always been considered the primary goal of firms.The firm’s owner is the manager of the firm‚ and thus‚ the firm’s owner-manager is assumed to maximize the firm’s short-term profits (current profits and profits in the near future).Today‚ even when the profit maximizing assumption is maintained‚ the notion of profits has been broadened to take into account uncertainty faced by the firm (in realizing profits) and the time value
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The Big Four Accounting Firms Financial Accounting September 8‚ 2012 In the world of accounting four global firms take the gold. Those are considered “The Big Four”. Over the past twenty years many financial organizations have been established‚ but only the best have survived long enough to be well known across the world. Those four corporations are Deloitte & Touche‚ Pricewaterhouse Coopers‚ Ernst & Young‚ and KPMG. The biggest name in the industry however‚ is Deloitte & Touche
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References: Ameer R.‚ Ramli F. and Zakaria H. (2010). A new perspective on board composition and firm performance in an emerging market. Emerald Group Publishing Limited‚ ISSN‚ 10‚ 647-661. Andres Pablo de‚ Azofra V. and Lopez F. (2005). Corporate Boards in OECD Countries: size‚ composition‚ functioning and effectiveness. Corporate Governance‚ 13 (2)
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Available online at www.sciencedirect.com ScienceDirect International Journal of Project Management 32 (2014) 327 – 340 www.elsevier.com/locate/ijproman Project risk management methodology for small firms Sara Marcelino-Sádaba a‚⁎‚ Amaya Pérez-Ezcurdia a ‚ Angel M. Echeverría Lazcano b ‚ Pedro Villanueva a a Dept. Projects and Rural Engineering‚ Public University of Navarre‚ Spain b Zabala Innovation Consulting‚ S.A.‚ Spain Received 15 January 2013; received in revised form 17 May 2013; accepted
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Management Information Systems MANAGING THE DIGITAL FIRM Chapter 3 Information Systems‚ Organizations‚ Management‚ and Strategy Kenneth C. Laudon Jane P. Laudon 9th edition PEARSON Prentice Hall 2006 www.prenhall.com/laudon Chapter 3 Objectives |After completing this chapter‚ you will be able to: | |Identify and describe
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»The effects of corruption on firm performance« Ljubljana‚ 27.5.2014 ABSTRACT In this seminar project we are going to present some of the basics of the effects that corruption has on firm performance. At the beginning of the paper we are going to describe the spread of corruption across companies‚ its consequences and why it is good to avoid it in general. Examples supporting those facts will be provided. We are going to mention some concrete effects on firms‚ most of which are negative
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The decisions of one firm therefore influence and are influenced by the decisions of other firms. Strategic planning by oligopolists needs to take into account the likely responses of the other market participants. Description[edit] Oligopoly is a common market form where a small number of firms are in competition. As a quantitative description of oligopoly‚ the four-firm concentration ratio is often utilized. This measure expresses the market share of the four largest firms in an industry as
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Managerial Theories of Firm Marris and Williamson’s Models Marris’ Managerial Thesis of Firm Marris has put forth a significant thesis of firm as per which the managers do not optimise profits but in its place as per him‚ they look for to optimise profits balanced rate of increase of the firm. Optimisation of balanced rate of increase of the firm entails optimisation of the rate of increase of demand for the commodities of the firm and rate of increase of capital supply. If I symbolises
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