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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The quality newspapers (broadsheets‚ Berliner…) The two newspapers we have chosen to compare are the USA Today and the International Herald Tribune. They are dating from Friday‚ May 29‚ 2009. First impression What strikes out is that the front page of the USA Today is more exuberant than the International Herald Tribune. The page counts six small pictures and three clarifying graphics. The font of the headlines are more bulky‚ different and short in its titles. Comparing this to the International
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have been responsible for the quality movement with the leading contributors W. Edwards Deming‚ Joseph M. Juran‚ and Philip B. Crosby. Compare and Contrast the three primary quality gurus and select one of these leaders and describe why you feel his work has definitely contributed to project quality management. Build on the items presented in the textbook in terms of their contributions and the comparison of the expert ’s work. Discuss the highlights of the quality Guru ’s contribution. Note what
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Overcoming The Barriers In Implementing TQM and Sustaining The Success Through Continuous Quality Improvement – Deming’s 14 Points Revisited Dr. R. Jagadeesh Abstract Total Quality Management (TQM) became a popular buzzword during the last three decades and is considered to be the globally accepted success formula across the organizations. A number of success stories have been well documented in literature and widely circulated to spread the spirit and practice of TQM. While many organizations
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CUSTOMER SATISFACTION TOWARDS SERVICE QUALITY OF FRONT OFFICE STAFF AT THE HOTEL A MASTER S PROJECT BY ALIN SRIYAM Presented in Partial Fulfillment of the Requirements for the Master of Arts Degree in Business English for International Communication at Srinakharinwirot University May 2010 CUSTOMER SATISFACTION TOWARDS SERVICE QUALITY OF FRONT OFFICE STAFF AT THE HOTEL A MASTER S PROJECT BY ALIN SRIYAM Presented in Partial Fulfillment of the Requirements for the Master of Arts Degree
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Quality management The term quality management has a specific meaning within many business sectors. This specific definition‚ which does not aim to assure ’good quality ’ by the more general definition‚ but rather to ensure that an organization or product is consistent‚ can be considered to have four main components: quality planning‚ quality control‚ quality assurance and quality improvement.[1] Quality management is focused not only on product/service quality‚ but also the means to achieve it
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MANAGEMENT OF QUALITY Quality cannot be ignored; every purchasing decision is based on price and quality What is Quality? It’s the ability of a product or service to consistently meet or exceed customer expectations. Slogans related to quality: * Talk is cheap but recalls are not. * There is nothing is more frustrating than working hard and then knowing that what you did‚ didn’t work out. * People want to do good job‚ and we have to enable them. To meet or exceed customer expectations
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impacting them with knowledge that they deem relevant and significant for them to better their lives and solve problems in their line of work. This paper will look at the contrasts between the two approaches‚ some of their principles and the best approach that can be used in the situation in question. Some of the contrasting issues about the approaches include the following. In pedagogy the leaner fully depend on the teacher and the teacher evaluates the learner and at most times dictates what the
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life by giving knowledge to us. It has many qualities as they play an important role in making the nation by giving the knowledge to all the youth. Teachers teach in school‚ colleges‚ universities and even the part time academies. The teacher has the basic rule in the polishing of the youth of the country. Good teacher has many good qualities so it can prove itself to contribute in the making of young children well to acquiring knowledge. The good qualities of a teacher as follows: The teacher
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