industry (the ComitT Colbert which includes many prestigious French names - Chanel‚ Dior‚ Yves Saint-Laurent‚ etc... - reports a 1.5% increase in real terms for 1993)‚ its growth rate‚ considered over a longer period‚ remains impressive. Colbert companies have more than doubled their sales over the last eight years (ComitT Colbert‚ 1991‚ 1993). In 1993‚ they achieved a global turnover of about USD 5.5 billion. The Pacific Rim countries represented 28% of that amount (21.6% in 1988)‚ equally divided between
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published‚ and the ‘society he led‚ half religious and half scientific‚ followed a code of secrecy’ (O’Connor and Robertson‚ 1993). He was born c575 BC in Samos‚ Greece‚ and was killed in c495 BC. Details about Pythagoras can be found in early biographical writings who would write of him having ‘divine powers’ and ‘present him as a god-like figure.’ (O’Connor and Robertson‚ 1993). Overall‚ stories that have been written about Pythagoras and his journey are generally seen as legend. Historians accept
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be made on this note‚ June 1996 and December 1996. The ceiling of $399‚000 in borrowing ability placed on the company by the Suburban National Bank is consistently insufficient to meet their growing needs. Sales have increased from $2‚921‚000 in 1993 to $4‚519‚000 in 1995. This is an increase of 54%. In addition Clarkson has demonstrated an ability to stay within Suburban’s $400‚000 limit only by relying heavily on trade credit. In addition‚ from their financial statements‚ it appears that
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POTENTIAL SALE 5 PARAMOUNT STAND ALONE Estimation of cost of capital Net Debt (market ≈ balance) Equity (market value) Cost of debt D/V E/V Marginal tax rate Estimated WACC Terminal Value EV/EBITDA projection EBITDA in 1998 EV in 1998 * End of 1993 6 6‚660 7.24% 12.25% 0.05 0.95 35% 12.24% Long-term debt Cash and Equivalents Share price Shares outstanding‚ m Risk - free rate (30 year Treasury) Equity beta Market risk premium 1‚013 1‚007 55.5 120 6.25% 1 6%
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our adolescence and then desist. In this analysis‚ the differences and limitations of the two types within Moffitt’s theory will be discussed and the relation between antisocial behaviour and development will be identified. According to Moffitt’s (1993) theory‚ our early development was important in understanding antisocial behaviour. She found that the origins of life-course-persistent antisocial behaviour come from an interaction between neuropsychological deficits and the impact that a criminogenic
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Retailing and foodservice literature reveals that the music played in a servicescape is capable of stimulating consumers emotions‚ mood states and also impacting on their purchasing behaviour (see Yalch and Spangenberg‚ 1990; Chebat et al.‚ 1993; Areni and Kim‚ 1993; Dube et al.‚ 1995; Harris and Ezeh‚ 2008). For instance‚
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Sensemaking in Organizations: The Mann Gulch Disaster written by Karl E. Weick and published in the Administrative Science Quarterly Volume 38 in 1993. Weick describes many‚ mostly qualitative and observational‚ research methods such as interviews‚ trace records‚ archival records‚ direct observation‚ personal experience‚ and mathematical models (Weick‚ 1993) that were used by Maclean in his award-winning book Young Men and Fire‚ which describes the Mann Gulch fire. These methods were all good methods
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Bill Clinton’s Doctrine of Enlargement of Foreign Policies Tommy Wong American History Mr. McCarthy May 2‚ 2011 During his inauguration from 1993 to 2001‚ United States President William Jefferson Clinton‚ also known as Bill Clinton‚ promoted democracy and improved foreign relationships by using non-aggressive policies. These policies were based on Clinton’s belief and principle‚ which was also known as the Doctrine of Enlargement. The Doctrine of Enlargement asked for a free competition in global
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which change can best be implemented in the least painful way for organisations. Grundy (1993) suggested that change comes in three forms - smooth incremental‚ bumpy incremental and discontinuous. “Smooth incremental change evolves slowly in a systematic and predictable way” (Gundy‚ 1993). This type of change usually paced at a constant speed and in a relatively clam manner. On the other hand‚ Gundy (1993) stipulated that bumpy incremental change is like a roller coaster ride where organisation
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of inventory was significantly lower than its competitors‚ providing a competitive advantage. Table A Days Supply of Inventory (DSI) a 1993 b 1994 b 1995 b Dell Computer 55 33 32 Apple Computer 52 85 54 Compaq Computer 72 60 73 IBM 64 57 48 Source: Dell Computer Corporation Fiscal 1993-1995 Annual Reports; case writer estimates from Apple Computer‚ Compaq Computer‚ and IBM Fiscal 1992-1994 Annual Reports. a DSI = (Net Ending
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