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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Introduction I have chosen to write the profile of a Business leader who I admire on Richard Branson. Branson is a English business magnate‚ best known as the founder and chairman of Virgin Group of more than 400 companies. According to Wagner and Hollenback (2009)‚ leadership is ‘the use of non-coercive and symbolic influence to direct and coordinate the activities of the members of an organised group toward the accomplishment of group objectives. According to Clark (2010)‚ there are three main
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The selected topic is ‘should students with learning difficulties be allowed to participate in the mainstream classrooms?’ This essay discusses two possible solutions for the issue and explicitly presents my personal statement and philosophy in regards to it. This topic is a controversial issue because it considers many conflicting advantages and disadvantages. The ethical principles involved in the topic include caring‚ respect and inclusivity which can be drawn from the Early Childhood Australia
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Comparing and analyzing the biological and humanistic approaches to personality can be a difference of opinions. Abraham Maslow studied the development of personality. Maslow developed his own personality theory based on the basic human needs. His hierarchy of needs pyramid shows the influences of human needs to the formation of unique individual personality. There are biological factors that influence the formation of individual personality that play a factor. By reviewing the relationships
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Holistic approach: Meaning: Holistic approach to patient care incorporates the mental‚ emotional‚ physical and spiritual health of the individual. It explores the connection between mind‚ body‚ spirit and environment. Holistic healing includes a wide range of therapies with inherently complex philosophies about the prevention and treatment of illness. Questions still exist as to the safety of complementary and alternative medicine (otherwise known as CAM)‚ which are an integral part of holistic
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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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The Behavioural approach Classical conditioning- Pavlov’s dogs- Procedures and findings-Criticisms Classical conditioning is a technique used in behavioral training. A naturally occurring stimulus is paired with a response. Then‚ a previously neutral stimulus is paired with the naturally occurring stimulus. Eventually‚ the previously neutral stimulus comes to evoke the response without the presence of the naturally occurring stimulus. The two elements are then known as the conditioned stimulus and
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The psychodynamic approach focuses on individuals who behave in a certain way due to having emotional feelings buried deep inside their unconscious mind. The theory was developed by Sigmund Freud who was a psychologist. The use of the psychodynamic approach within health and social care helps individuals understand and support patients who are undergoing the psychodynamic process as it is generally used around the world. This essay aims to show my understanding of the approach and the ways health
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ALCAR approach: the Alcar Group Inc. a management education and software company‚ developed an approach to VBM which is based on discounted cash flow analysis Determinants of shareholder value: according to Alfred Rappaport author of creating share holder value; a guide to managers and investors‚ who is regarded as father of share holder value‚ the following seven factors called “value drivers” affect shareholder value 1. Rate of sales growth 2. Operating profit margin 3. Income tax rate 4. Investment
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