become a critical issue around the world. Downsizing and mass lay-offs are happening not only on US companies but also organizations in the entire industrial world. The number of organizations and jobs affected by downsizing has been staggering. In 1993‚ in an unending quest for lower costs‚ higher productivity‚ and fatter profits‚ American firms announced 615‚000 jobs cut‚ and all-time record. Many of these actions reached into the ranks of white-collar and middle management positions. Earlier‚ layoffs
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(1996)‚ “Customer Satisfaction and Price Tolerance‚” Marketing Letters‚ 7 (July)‚ 265–74. Bauer‚ P.‚ Berger‚ A. and Humphrey‚ D. (1993)‚ “Efficiency and Productivity Growth in US Banking‚” in The Measurement of Productivity Efficiency‚ H. Fried‚ C.A. Knox Lovell‚ and S. Schmidt‚ eds. New York: Oxford University Press‚ 386–413. Berger‚ A.N.‚ Hancock‚ D. and Humphrey‚ D. (1993)‚ “Bank Efficiency Derived from the Profit Function‚” Journal of Banking and Finance‚ 17 (2–3)‚ 317–47. Berger‚ A.N.‚ and Mester
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Michael Jeffery Jordan 1963- Michael Jeffery Jordan is also and more commonly known as Michael Jordan or MJ. He is an American retired professional basketball player. He is now a principal owner and chairman of the Charlotte Hornets. Michael Jordan played for 15 seasons in the NBA for the Chicago Bulls and the Washington Wizards. He also played in the 1984 Los Angeles and the 1992 Barcelona Olympics playing for the United States. Childhood and Early life:
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The Election Commission of India The Election Commission of India is an autonomous‚ constitutionally established federal authority responsible for administering all the electoral processes in the Republic of India. Under the supervision of the commission‚ free and fair elections have been held in India at regular intervals as per the principles enshrined in the Constitution. The Election Commission has the power of superintendence‚ direction and control of all elections to the Parliament of India and
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UNESCO in Vietnam to attract community participation to contribute to UNESCO activities in Vietnam. In 1986‚ General Director of UNESCO again recommended that the Government of Vietnam to consider forms of non-governmental UNESCO activities. On March‚ 1993‚ in Mr. Federico Mayor’s visiting to Vietnam‚ General Director of UNESCO‚ Deputy Prime Minister Nguyen Khanh behalf of the Government of Viet Nam and Mr. Mayor had signed a memorandum of understanding‚ which states that the Vietnamese Government will
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Project Genesis | Atlantic Corporation | ACE Consulting Group | “A service we provide with excellence“ | ------------------------------------------------- Executive Summary The purpose of this report is to assess the viability of the acquisition of Royal Paper Corporation’s (Royal) Monticello mill and box plants by Atlantic Corporation (Atlantic). This will be conducted through the evaluation and analysis of whether this project is profitable
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profitable firm in the USA in terms of return on equity (“RoE”)‚ return on assets (“RoA”) and gross profit margin (“GM”). Actual (1998) RoE is at 103.4%‚ RoA at 53.8%‚ GM at 80.1%‚ EBITDA at 55.2% and net margin at 32.9%‚ all those five metrics are up from 1993 respectively at 71.0%; 41.6%; 77.5%; 53.9% and 31.7%. Those five KPIs reflect the strong financial performance of UST by reflecting that both each dollars of assets and equity provide significant return while operational margin (GM)‚ EBITDA and net
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the 19th century，aiming at employing the methods of the natural sciences to social study (Smith‚ 1983‚ p. 12). In 1822‚ a French philosopher named Auguste Comte created the term sociologie and investigated social relations as natural science (Babbie‚ 1993). Comte believed that in order to analyse human world objectively‚ such religious beliefs should be replaced by scientific objectivity and empirical methods of investigation. Comte’s opinion of positivism was based on scientific objectivity and observation
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Harvard Business School 9-297-028 Rev. October 29‚ 1996 Clarkson Lumber Company After a rapid growth in its business during recent years‚ the Clarkson Lumber Company‚ in the spring of 1996‚ anticipated a further substantial increase in sales. Despite good profits‚ the company had experienced a shortage of cash and had found it necessary to increase its borrowing from the Suburban National Bank to $399‚000 in the spring of 1996. The maximum loan that Suburban National would make to any
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“Market Efficiency‚ Long-term returns‚ and behavioural finance”‚ Journal of Financial Economics‚ 49‚ 283-306. Fama‚ E.‚ French‚ K.‚ (1993). “Common risk factors in the returns on stocks and bonds”‚ Journal of Financial Economics‚ 33‚ 3-56. Fama‚ E.‚ French‚ K.‚ 1996. “Multifactor explanations of asset pricing anomalies”‚ Journal of Finance‚ 51‚ 55-84. Harvey‚ C. (1993). “Portfolio investment using emerging markets and conditioning information. Washington‚ DC: World Bank. Working paper. Hong H.‚ Stein
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