Unit 24: Imaginative play Amendments P2 Imaginative play helps to develop a child’s all-round development especially their social‚ emotional and cultural development. The benefits of imaginative play in these areas are that the children can express themselves through their imaginative play sessions. Imaginative play helps to develop a child’s emotional development as they will be able to express their feelings throughout their play. This is particularly beneficial for children who are having
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Civilizing Processes-Myth or Reality? A Comment on Duerr’s Critique of Elias Author(s): Stephen Mennell and Johan Goudsblom Source: Comparative Studies in Society and History‚ Vol. 39‚ No. 4 (Oct.‚ 1997)‚ pp. 729-733 Published by: Cambridge University Press Stable URL: http://www.jstor.org/stable/179366 Accessed: 21/09/2010 15:16 Your use of the JSTOR archive indicates your acceptance of JSTOR’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR’s
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whether to buy Nike’s Stock Nike’s net income has fallen from $800 million to $580 million since 1997. Also its profit and market share have declines significantly from 48% to 42% (Shoe products market share) from 1997 to 2000 To counter this down fall Nike has decided to develop more athletic shoe products in mid-priced segment and also to push their apparel line. It has also decided to cut down expenses Analyst reactions are mixed – Lehman Brothers report a recommended “Strong Buy” whereas UBS Warburg
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ignored.) C8: Using CAPM: KE’=3.2%+0.91*5.5%=8.21% C9: Using DGM formula: P’=D1/ (KE’-g) =1.06*(1+8%)/(8.21%-8%)=$545 In Nike’s case‚ when Joanna Cohen calculated the WACC of Nike‚ she made several mistakes and led to a wrong estimate of the cost of capital. The first mistake comes to the book value of equity used in calculating WD. Nike became a publicly traded company since December 2‚ 1980‚ the share price has changed significantly during 20-year’s time. So‚ the market value of equity should be used
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Chapter 7. COMMERCIAL/INDUSTRIAL SOCIETIES I. Introduction A. Background We are presently in the midst of one of the major technical revolutions in human history. The rise of “modern” societies during the last few centuries is the capital fact of recent history. The last five hundred years have witnessed technical changes of unprecedented scope and rapidity emanating from a small and heretofore unremarkable part of the world‚ Western Europe. In this Chapter we will try to put our finger on just how
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POSC 311 Essay 1 LDC Advisement: Modernization Theory vs Dependency Theory The path to modernization is one never clearly defined. The following report will attempt to analyze and critique our nation’s potential options concerning social and fiscal policy and use this information in an attempt to recommend future policy agenda. We will be dealing with primarily two theories on national (i.e. LDC) policy - modernization theory and dependency theory. Both have their own sets of costs and
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Morocco and Globalization Globalization is a recent concept that implies an opening of the commercial borders between countries. It has been imposed on developing countries by developed ones. It underlies a relation of “win-lose” between Western and Eastern economies. In the case of Morocco‚ it is a condition given by the United States of America to support Rabat politically. Morocco will in fact be benefiting from globalization; however‚ it will also suffer from the hidden sides of this
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World Systems Theory Unlike former sociological theories‚ which presented general models of social change with particular focus at the societal level‚ world-systems theory (or world system perspective) explores the role and relationships between societies (and the subsequent changes produced by them). A theory primarily developed by Immanuel Wallerstein‚ Samir Amin‚ Giovanni Arrighi and Andre Gunder Frank in response to the many new activities in the capitalist world-economy during the mid 1970s
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Leslie White‚ author of The Evolution of Culture: The Development of Civilization to the Fall of Rome (1959)‚ attempted to create a theory explaining the entire history of humanity. The most important factor in his theory is technology: Social systems are determined by technological systems‚ wrote White in his book‚ echoing the earlier theory of Lewis Henry Morgan. As measure of society advancement‚ he proposed the measure of a society’s energy consumption. He differentiates between five stages of
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Culture convergence due to ‘modernization’ or ‘globalization’ Since early days‚ time and distance has become borderless as business entities begin to grow and spread their roots all over the world. It becomes unavoidable for one country without being any related to other countries in any business. Each and every individual have their own culture and being proud of it‚ but when the relation between two entities (individuals or countries) happens‚ the cultures may converge due to obtain mutual understanding
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