Qus4. What are the assumptions of MM approach? Ans. Assumption of the MM approach The MM approach to irrelevance of dividend is based on the following assumptions: * The capital markets are perfect and the investors behave rationally. * All information is freely available to all the investors. * There is no transaction cost. * Securities are divisible and can be split into any fraction. No investor can affect the market price. * There are no taxes and no flotation cost. * The firm
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The sensemaking approach is when people or an organization offer a meaning to an experience by making sense of it. It is how they structure things that they don’t know‚ in order to take action on it. When people experience change‚ they face a gap between their expectations and their counterpart experiences‚ and they start to communicate and act in a systematic and structured way in order to make sense of what is happening. According to Fairhurst and Sarr (1996‚ cited in Bean and Hamilton‚ 2006) “To
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contrast the different ways the person-centred and cognitive- behavioural approaches to counselling understand and make use of the counselling relationship” This essay is written to compare the counselling relationship in person-centred and cognitive-behavioural counselling by outlining both the theory and practice of the counselling relationship. This will be done by outlining the theory of the counselling relationships and the theory in practice. Both person-centred and cognitive-behavioural counselling
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The Behavioural approach Classical conditioning- Pavlov’s dogs- Procedures and findings-Criticisms Classical conditioning is a technique used in behavioral training. A naturally occurring stimulus is paired with a response. Then‚ a previously neutral stimulus is paired with the naturally occurring stimulus. Eventually‚ the previously neutral stimulus comes to evoke the response without the presence of the naturally occurring stimulus. The two elements are then known as the conditioned stimulus and
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Running Head: THE HUMAN PERSON My personal gains and insights about the human person Ma. Renalyn C. Badajos St. Paul University Abstract In this module‚ there were two thoughts regarding what human person is‚ one that is based on philosophy and the other was from the modern thought. The Thomistic Philosophy focuses in the definition of person as an individual; while the contemporary thought says that a person is defined in three different scopes‚ which are as
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HEALTH SYSTEMS AURTHOR (S) Kovin S Naidoo: Brien Holden Vision Institute‚ Public Health Division‚ Durban‚ South Africa; University of KwaZulu Natal (UKZN)‚ Durban‚ South Africa Brien Holden: Brien Holden Vision Institute‚ University of New South Wales (UNSW)‚ Australia PEER REVIEWER (S) Ron Fyfe:Past Chairman of the Public Health Committee of WCO; Currently: Asia Pacific representative on WCO Public Health Committee and member of the board of Vision 2020 New Zealand THIS CHAPTER WILL
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ALCAR approach: the Alcar Group Inc. a management education and software company‚ developed an approach to VBM which is based on discounted cash flow analysis Determinants of shareholder value: according to Alfred Rappaport author of creating share holder value; a guide to managers and investors‚ who is regarded as father of share holder value‚ the following seven factors called “value drivers” affect shareholder value 1. Rate of sales growth 2. Operating profit margin 3. Income tax rate 4. Investment
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and that every person has a different positive contribution that they can make to the "whole." He uses words‚ such as "shared humanity‚" to show that while humans may be spread all over the globe and live different lives‚ there are also many things that we share in common about everyday life. However‚ problems are caused when people cannot tolerate others or aren’t open to diversity. There are also people who believe that in order to work together with another person‚ that person must "be like
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Ontological approach provides us with the way to store the information that can be gained from the attack graph in a structured form. Ontology is made of entities and their interrelationships. The entities are defined as follows:Machine: Any host machine connected to the network comes in the category. All the workstations and the servers that the attacker can use to his advantage will be called as a machine. Vulnerability: Any weakness in the
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Outline and evaluate the behaviourist approach to abnormality The behaviourist model explains abnormality as learnt behaviour. The behaviourists explain this learning as being a result of our environment. It has two ways to explain how abnormality can be learnt. It also argues that people do not have free will and that the environment determines their behaviour by making them behave in certain ways Classical conditioning is about an association made between a stimulus and response. In a
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