Primary objective: Maximise shareholder wealth. Shareholder wealth is maximised by dividend payments and a capital gain through higher share price. Secondary objectives: Meet financial targets (e.g. satisfactory ROCE) Meet productivity targets Establish brands and quality standards Establish effective communication with customers‚ suppliers‚ employees. Why is Maximising Shareholder Wealth the Main Objective? 1. Wealth Maximisation Considers Cash Flows Shareholders of a company can realize
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Discuss 3 ways in which creolization has impacted the development of Caribbean art forms. Creolization is the coming together of new-comers and cultural strangers in a subordinate society. Creolization has highly influenced the development of Caribbean Art form in quite a few ways; Caribbean literature‚ fashion and music‚ all due to the colonial experience. Creolisation has played a major role in the evolution of music into several subgenres and fusions. Calypso is a style of Afro-Caribbean music that
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the program both contributed to and benefited from improvements in women’s status in Bangladesh during the past 30 years. Cost and cost-effectiveness: the program is estimated to cost about $00 million to $50 million per year‚ with about one half to two thirds of the funding coming from external donors. cost-effectiveness has been estimated at about $3 to $8 per birth averted‚ a standard measure for family planning programs. Impact: as a result of the program‚ virtually all women in Bangladesh
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Why might a business firm pursue other objectives besides the objective of maximum profits? What objectives other than profit maximisation might a firm pursue? Is this possible in a competitive world? The traditional theory of business behaviour tends to make a general assumption that businesses possess the information‚ market power and motivation to set a price and output that maximises profits. Profits being defined as the difference between the total revenue received by a firm and the total
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Oxidation and Reduction Mnemonic: OILRIG Oxidation Is Loss‚ Reduction Is Gain Oxidation → the loss of electrons from an atom or an ion→ always happens at anode (positive electrode) → think anOde (O2 in the electrolysis of water xp) Redox reactions: Reactions involving the transfer of electrons e.g. burning‚ rusting‚ photosynthesis‚ respiration and the browning of apples. happens in three types of reactions: 1. addition of oxygen 2. removal of hydrogen 3. increase in valency (how easily an atom
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Discuss the ways in which relationships between men and women are presented in Broken Glass. Robert Smith In Scene Two of Broken Glass‚ Miller demonstrates the oppressive‚ domestic relationships of the 30s with the vast amount of control husbands had over their wives. Miller shows Gellburg to be in the dominant position of the household who isolates and shelters Sylvia yet when Sylvia attempts to question and resent her husband‚ intellectually challenging him‚ he lashes out aggressively-
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Organizational Improvement Plan Organizations need performance measures in order to reduce costs and increase efficiency in a laboratory. Performance measures are indicators that are used to gauge program performance. Performance measures can be either outcome or output measures. Outputs are the services an organization provides to other. In other words‚ a laboratory provides patients with testing and the results. An effective measurement system integrates initiatives‚ aligns organizational
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and cell division. One molecule of ATP contains three phosphate groups‚ and it is produced by ATP synthase from inorganic phosphate and adenosine diphosphate (ADP). ATP is used is many organisms and also in different ways. Below are a few ways in which ATP is used. When muscles contract in any organism‚ it means muscle fibers are generating tension with the help of motor neurons. ATP is the source of energy that allows this to take place. Voluntary muscle contraction is controlled by the central
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Q1 A) Explain the ways in which the contract of agency may be terminated. Answer: Definition A contract of agency and how the termination would take place is a topic by which we come across different meanings and understandings of the term contract employment. The contract between a company and its employee is an important factor towards making the job understandable as well as clearing the terms and conditions which are to be agreed in the contract. . The contracts of employment Act 1963(Employment
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HUMAN BEHAVIOR IN ORGANIZATION 1. Conflict is the struggle that arises when the goal-directed behavior of another person or group. Whether conflict benefits or harms an organization depends on how it is managed. There are four basic types of conflict and combination of these that can arise in an organization. 1. Issue conflict -is usually a disagreement between two or more groups arising from differences in organizational viewpoint. 2. Intrapersonal - conflict between two individuals
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