benefit of modern technology and improve the level of economic prosperity‚ it also creates some problems. The main disadvantages of industrialization include the following. Deterioration of quality of life due to urbanization which are generally more crowded than rural areas. This leads to many problems for the individual and the society including psychological disorders‚ crimes and other social problems. Urbanization also leads to environmental pollution such as destruction of forests and extinction
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their best to achieve shareholder’s goal. Due to different interests in shareholders and managers‚ the conflicts always exist between them. An agency problem occurs when the interests of stockholders‚ the board of directors‚ and/or the management of the company are not perfectly aligned or when these entities conflict. EXPLAINATION Agency problem is typically caused by two reasons which are asymmetric information and hidden action. There is no legitimate theoretical or moral objection to those
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Real Life Application of Transportation Problem Submitted to: Prof. Hitesh Arora Submitted by: Abhay Sawhney (201055) Executive Summary Transportation Problem involves distribution of a certain commodity from several origins to a number of destinations. The aim in the whole process is to minimize the costs involved. A necessary condition for the solving of the transportation problem is that the problem must be balanced‚ i.e the demand for the product at the destinations must equal the
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The trolley problem presents a question of human perception of morality which presents two methods of killing in order to save lives. In the one problem‚ a trolley can be diverted with the turning of a switch‚ thus killing one but saving five‚ or to take direct physical action and push a large man onto the tracks‚ killing one‚ but saving five. In the responses which were given on the discussion board‚ I could not predict with truth what I would in reality do. To both responses‚ I wrote that it
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Urologic Oncology: Seminars and Original Investigations 29 (2011) 90 –94 Seminar article The problem of plagiarism Melissa S. Anderson‚ Ph.D.a‚*‚ Nicholas H. Steneck‚ Ph.D.b a b Department of Organizational Leadership‚ Policy‚ and Development‚ University of Minnesota‚ Minneapolis‚ MN 55455‚ USA Research Ethics and Integrity Program‚ Michigan Institute for Clinical and Health Research‚ University of Michigan‚ Ann Arbor‚ MI 48109‚ USA Abstract Plagiarism is a form of research misconduct
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other words‚ it is a transmission and interacting the facts‚ ideas‚ opinion‚ feeling and attitudes. Communication is the life blood of any organization and its main purpose is to effect change to influence action. In any organization the main problem is of maintaining
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Having the ability to pay monthly bills can be a challenge for some people. There are can be many solutions to this problem. One should evaluate the monthly bills to determine what is necessary. Consolidating credit debt may help. If all else fails try consulting a financial advisor. These steps are just a few steps that one may take in the steps to financial stability. One step that many find easy is evaluation of bills. Evaluating ones monthly bills could help lower that person’s monthly debt
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We have analysed the IKEA case study "Managing cultural diversity" .Our analysis of key problems‚ recommendations and their limitations are summarised in the following document. HEADING Key problem #1: IKEA suffers from a lack of innovation and faces the possibility of offering a very similar product base. This is due in part to the lack of fresh blood in the organisation. IKEA’s policy of hiring the same genre of people leads to inhibiting diversity and innovation to meet change in new markets
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employee-to-sales ratios and tells restaurants to cut staffing when the sales have dropped below a certain range at any hour. This has agency problem written all over it. Maybe not so much along the lines of managers acting for the best interest of shareholders but definitely managers acting in their own interests and not in the employee’s best interests. This agency problem is arising from the
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a. The Ship of Thesius problem is a problem that is related to the identity through time branch of metaphysics. The problem goes like this: the ship of Thesius was being stored and preserved in Athens and one day a plank got rotten and began to crumble away the plank was then replaced with a new stronger plank. At this point there is no doubt that the ship even with the new plank is still the ship of Thesius. However‚ over time more planks rot away and are replaced until some years later there are
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