Introduction One of the major tasks of government is to provide goods and services to the people. There are however many factors that hinder the smooth delivery of goods and services. Corruption is one of the factors. A link has been established between corruption and economic stagnation. Corruption leads to misallocation of resources meant for uplifting of the majority members of the public for the benefit of a few. It is a universal scourge that has been described differently by various schools
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Profit maximisation has been one of the main aims of the firms. The generally accepted view is the long run will wish to maximize profit. Marginal Cost and Marginal Revenue can be used to find the profit maximising level of output. Marginal cost is the addition to total cost of one extra unit of output. Marginal revenue is the increase in total revenue resulting from an extra unit of sales. Economic theory predicts that profits will be maximised at the output level where marginal cost equals maginal
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A core measure is a care requirement set by The Joint Commission (TJC) and The Centers for Medicaid Services (CMS) that is a vital part in improving the health care delivery process (The Joint Commission‚ 2016). Core measures are evidence-based‚ diagnosis specific‚ and target specific patient groups. They contain requirements covering assessments (things one needs to look‚ hear‚ see‚ and feel on patients)‚ interventions (actions one must take)‚ and documentation (charting requirements that are core
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of goods and services by labor and property within the United States (Bureau of Economic Analysis‚ 2010). Real GDP on average grows about 3.5% each year and has an impact on the business cycle. The fiscal policy has a tremendous effect on individuals and businesses. The tax and interest rate plays a major role on the success or failure of the economy. The business cycle is measured by changes in real gross domestic product‚ and therefore‚ the focus is on changes in output and not input. Changes
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Edexcel Level 5 Higher National Diploma in Business – Human Resource Management Higher National Diploma in Business – Management (Organizations and Behavior) on (unit 3/Organizations and Behavior) by (Uthum Milinda Gunawardana) Human Resources Management Institute‚ 246‚ Nawala Rd‚ Nawala‚ Colombo - Sri Lanka Submitted on (02.12.2012) Table of contents 1.Executive summary…………………………………………………………………. (page 3)
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Event Management Business in Batangas City: Basis for Business Operation Initiatives Jeninah Christia D. Borbon Lyceum of the Philippines University Batangas City ABSTRACT The research study on Viability of Event Management Business in Batangas City: Basis for Business Operation Initiatives aimed to assess the viability of this type of business using Thompson’s (2003) Dimension of Business Viability as its
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How reliable are Ofsted reports as a measure of school effectiveness? This assignment examines the reliability of Ofsted judgements that were made on School X in 2009 and 2012. It will discuss how the two inspections were carried out-were they carried out in the same way? Were they felt to be fair? School X is a large 3-11 mixed school with 35.1 % of pupils who are eligible for free school meals FSM. The pupils are mainly Pakistani‚ Indian and Bangladeshi. The proportion of special educational
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(J ks has covered O.R. part very well so you do not even have to look compilation for that but for rest of the part it is a MUST do.) ISCA : ✓ Available Books (Paduka ‚ Dinesh Madan‚ Devang Dalal) ✓ I have heard (from reliable sources) that Devang Dalal (First Edition : Aug-2010) has mostly used module language and covered it well ‚ so it is preferred over others). ✓ A thorough reading of past papers is must so that you know what you are able to recollect and relate.
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Utilitarianism is the belief of ‘the greatest good for the happiest and greatest number that is the measure of right and wrong’. Utilitarianism can be characterized as a quantitative and reductionist approach to ethics. It is a type of naturalism. It can be contrasted with deontological ethics‚ which does not regard the consequences of an act as a determinant of its moral worth; virtue ethics‚ which primarily focuses on acts and habits leading to happiness; pragmatic ethics; as well as with ethical
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How can we measure the economic growth of a country? Experts have proposed many techniques to assess the economic progress of a country. One of these techniques is to calculate the sum of all the goods and services produced in the country which is known as gross domestic product (GDP). The indicator was created in the wake of great depression in 1930s and still is used to measure individual countries’ economic performance. But now most of the economists claim that GDP alone cannot reflect the
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