the first Governor-General of the Philippines‚ arrived in Cebu from New Spain. Spanish leadership was soon established over many small independent communities that previously had known no central rule. Six years later‚ following the defeat of the local Muslim ruler‚ Legazpi established a capital at Manila‚ a location that offered the outstanding harbor of Manila Bay‚ a large population‚ and closeness to the sufficient food supplies of the central Luzon rice lands. Manila became the center of Spanish
Premium Spain Philippines Spanish colonization of the Americas
Summary of the Article‚ ”Why do firms exist”……….. Ronald Coase may not be as famous as other economists due to his non-recognisable status but at the turn of the century ‚ he was able to achieve a recognisable status by applying practical theories on pre- existing economic theories. Highlights Deregulation revolution of 1980s Re-surfacing the pin factory which was the foundation of division of labour criticism of earlier economics theories of Adam Smith and others. Bureacracy in modern
Premium Economics
small firms and most start-ups‚ the personal funds of the business owners and entrepreneur and those of relatives and acquaintances constitute as the major source of capital. For many small businesses‚ especially during the early years of their operation‚ credit is simply not available. For many others‚ the limited available credit is not through bank loans. Due to this many of them rely on multiple credit card balances and home equity loans as major sources of credit for start-up firm. Because
Premium Small business Business
Homeostasis literally means “same state” and it refers to the process of keeping the internal body environment in a steady state‚ when the external environment is changed. The importance of this cannot be over-stressed‚ as it allows enzymes etc to be ‘fine-tuned’ to a particular set of conditions‚ and so to operate more efficiently. Much of the hormone system and autonomic nervous systems is dedicated to homeostasis‚ and their action is coordinated by the hypothalamus. In Module 2 we saw how
Free Insulin Diabetes mellitus Blood sugar
Local Market Power Bulls Eye department store specializes in the sales of discounted clothing‚ shoes‚ household items‚ etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target‚ located 49 miles away in Eagar. Bulls Eye‚ therefore‚ has some market power in its local area. Despite having some market power‚ Bulls Eye is currently suffering losses. An analyst at Bulls Eye is recommending to the
Premium Department store Profit Economics
DIVERSIFICATION AND FIRM PERFORMANCE: AN EMPIRICAL EVALUATION Anil M. Pandya and Narendar V. Rao Abstract Diversification is a strategic option that many managers use to improve their firms’ performance. This interdisciplinary research attempts to verify whether firm level diversification has any impact on performance. The study finds that on average‚ diversified firms show better performance compared to undiversified firms on both risk and return dimensions. It also tests the robustness of these
Premium Rate of return Financial ratios Cash flow
------------------------------------------------- Firms Duties to the Employee “Hey Placement season is full on.” “Which all companies are coming to recruit?” “DHL‚ FedEx‚ Unilever‚ P&G‚ Damco and many more you ever dreamt of” “What is the average package they are offering?” “Must be around 12‚000 UAE Dhms.” “That’s great!” It rarely ever happens that a probable employee ever thinks of whether the company would do all duties due to the employee. The employee once enters the company becomes
Premium Employment Wage Privacy
A War of Races: The Fight for Integration For nearly half a century the black community lived in the separate but equal world controlled by the white man. This was especially true in the Southern states‚ where nearly every white person maintained a sense of superiority over their black neighbors. While the states in the North had started to break down these racial barriers on their own it would take a Supreme Court Decision‚ the intervention of the President of the United States‚ and the U
Premium African American Black people Southern United States
Malaysian society have taken to prevent any further of child abandonment by providing them with love‚ security and care of a family. However‚ even though baby hatch aims are to discourage innocent baby’s abandonment‚ there are different challenges faced by this organization. This is only natural as every good thing has its flaws‚ and not everything is perfect in this world. It is understandable that the baby hatch causes are noble‚ but it also gives out a different message if one does not fully
Premium Marriage Child abandonment Fornication
NATIONAL INTEGRATION AND COHESION "The individual exists only relation to the group: outside the group he is nothing The wave exists only inside the river; outside the river it is nothing" (Allama Iqbal) NAtional integration and cohesion means unity among the people of a nation.It’s vital for the survival and genuine progress of a nation.without national integration and cohesion‚a nation disunites and eventually losses its identity.No doubt‚union
Premium Qur'an Islam Muhammad