talking about private car use in China. I hope you have had a chance to think about the topic beforehand‚ because I welcome your contribution. Firstly‚ I would like to show you some statistics. Statistics from the Traffic Administration under the Ministry of Public Security show that the total quantity of automotive vehicles in China stood at 217 million by the end of June 2011‚ including nearly 72.1 million private cars. The ownership rate of private cars continues to increase‚ and private cars have
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only encouraged; it is a way of life. The highly developed education systems in China give students a significant advantage in a globalized economy because of their cultural views‚ a wide variety of studied subjects‚ and the competitive nature of society. Culture in China is a huge factor contributing to the education of their students. A big part of their culture is wealth. Although the cost of education in China is negligible by Western standards‚ when you consider the country’s GDP and the
Free Education School People's Republic of China
DOUBLE-EDGED SWORD Financial leverage means acquiring assets using funds provided by creditors and preferred stockholders to improve Return on Equity (ROE) of a company rather than utilizing owners’ equity. If a company can borrow money at a rate lower than the return on assets or ROI then the owners’ equity position will be improved. This occurs because less of the equity is required to purchase the assets. It is a double-edged sword and may be positive or negative. • A positive financial leverage is a
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The Effect of Private Information and Monitoring on the Role of Accounting Quality in Investment Decisions* ANNE BEATTY‚ The Ohio State University W. SCOTT LIAO‚ University of Toronto JOSEPH WEBER‚ Massachusetts Institute of Technology 1. Introduction Information asymmetry between managers and outside capital suppliers can affect how firms finance capital investments. A growing body of evidence indicates that better accounting quality can reduce information asymmetry costs and reduce financing constraints
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Introduction Employee assistance programs are often described as a benefit program that is offered by employers. Employee assistance programs most often referred to as EAPs are intended to help employees deal with personal and professional problems that might adversely impact their work performance‚ health‚ and well-being. (Mannion‚ 2004). The following will describe the history of EAPs‚ the main purpose‚ different types of services offered‚ as well as and how fundamental these programs are in order
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dictionary‚ an entrepreneur is one who organizes and operates a business or businesses‚ taking on greater than normal financial risks in order to do so. Two primary examples of great entrepreneurs in the business world would be the characters from Barbarians at the Gate‚ Henry Kravis of Kohlberg Kravis Roberts & Co. and Ross Johnson of RJR Nabisco. Henry Kravis proposed a more conventional but effective manner of conducting business in his years with Kohlberg Kravis Roberts & Co. On the contrary‚ Ross
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photography provides a sustained focus on social changes and unprecedented new social experiences. With support from Bates College‚ I organized this exhibition of photographs with works by seven contemporary Chinese photographers to illuminate the path that China has traveled in the past twenty-five years. The exhibition is intended to illustrate changes in Chinese society to an American audience. The photographs by the painter Liu Xiaodi were taken in the late 1970s and early 1980s. At the time‚ while he
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GENESIS OF THE REPORT This project is about the comparison of EQUITY AND DEBT MARKET. This project also helps to understand which market is best the equity or the debt market by correlating the debt and equity. EQUITY MARKET The market in which shares are issued and traded‚ either through exchanges or over-the-counter markets. Also known as the stock market‚ it is one of the most vital areas of a market economy because it gives companies access to capital and investors a slice of ownership
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Take your corporate brand or brand of any product/ service that your organization offers. What is the promise of the above brand? Also identify the brand elements and their role in building brand equity. I work for MSD India Pvt Ltd. Merck & Co.‚ Merck Sharp & Dohme‚ MSD outside the United States and Canada‚ is one of the largest pharmaceutical companies in the world. Merck headquarters is located in Whitehouse Station‚ New Jersey. The company was established in 1891 as the United States
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milestone for the Polo brand with the introduction of Polo for women. That launch will be supported by the opening of our first Polo flagship store in New York City. This Fall‚ we’ll open a 20‚000-square-foot Ralph Lauren luxury flagship store in Greater China‚ a critical brand expression in an important market for us. As exciting as these first steps are now‚ the long-term potential is even more compelling.” “Our better-than-expected first quarter profitability reflects excellent progress on our strategic
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