Money isn’t everything … or is it? A preliminary research study into money as a motivator in the licensed house sector Karen Meudell Department of Business and Management‚ University of Portsmouth‚ Southsea‚ UK Karen Rodham School of Management Studies for the Service Sector‚ University of Surrey‚ Guildford‚ UK The aims of this paper are to consider the role of money as a motivator for managers and staff in the licensed house sector of the hospitality industry and to consider the implications of
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Nicola Elvy Week Five Questions Chapter 11 (#1‚ 11‚ 12) 1. Why do we use the overall cost of capital for investment decisions even when only one source of capital will be used (e.g.‚ debt)? One may think that an investment financed with a low-cost debt facility is adequate on paper but in the long run that very use of that debt can be the cause of an increase the general risk of the firm and in turn will make any future financing more costly. Every project should be scrutinized to
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The function of money The main functions of money are distinguished among the terms of: a medium of exchange‚ a unit of store value and standard of deferred payments. Money as a Measure of value In money‚ economy values of all commodities are expressed in the terms of money. Money is the means by which we a measure the disparate things which make up the economy. This functions of money makes transactions. Money as a store of value In order to be a medium of exchange‚ money must hold its value
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and Technology International Journal of Social‚ Education‚ Economics and Management Engineering Vol:7‚ No:12‚ 2013 The Link between Money Market and Economic Growth in Nigeria: Vector Error Correction Model Approach Ehigiamusoe‚ Uyi Kizito International Science Index Vol:7‚ No:12‚ 2013 waset.org/Publication/9996702 Abstract—The paper examines the impact of money market on economic growth in Nigeria using data for the period 1980-2012. Econometrics techniques such as Ordinary Least Squares Method
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* Function of money * Store of wealth (value) is any form of commodity‚ asset‚ or money that has value and can be stored and retrieved over time. Real estate‚ precious metals‚ gem stones‚ and similar assets can be a store of value. In all of these cases‚ people can exchange these items and hold them for varying periods of time. The value may even rise in storage‚ and sometimes a store of value can be held strategically with the goal of enjoying a rise in value‚ as for example with people who
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Influence of Money Money can buy almost anything in this world. It can give you whatever you want to have or give you what you need. Money can give people food‚ clothes‚ shelter and medicines of the best kinds depending on what value they will give. One can get money through their allowances‚ salaries or wages. The only thing to do now is to save it so that it will increase in due time. Money is an object – it may be cash or paper bills. It has a value depending on a country. For example‚ if your
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Does Money = Happiness? Can money really buy happiness? Of course it can; or can it? Happiness comes to everyone in different ways; my happiness being different than yours. People who put money before everything else are less happy than those who value love and friends more highly. Also‚ true happiness is to understand and believe in who you are. Despite money contributing to happiness‚ money can not buy true happiness. Money can’t buy true happiness because happiness comes from within you
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being energy and human resource. In this conference‚ we are concerned about energy and so I’ll confine myself to energy. Energy is the engine for growth. It multiplies human labour and increases productivity in agriculture‚ industry as well as in services. To sustain the growth rate in economy‚
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Money - buying‚ selling and paying Personal finance Sometimes in a shop they ask you: ’How do you want to pay?’ You can answer: ’Cash. / By cheque. / By credit card.’ In a bank you usually have a current account‚ which is one where you pay in your salary and then withdraw money to pay your everyday bills. The bank sends you a regular banki statement telling you how much money has gone in and out of your account. You may also have a savings account where you
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MONEY AND CREDIT Double coincidence of wants is an essential feature When both parties have to agree to sell and buy each others commodities. This is known as double coincidence of wants. What a person desires to sell is exactly what the other wishes to buy. A barter system has deficiencies. 1. Barter exchanges become extremely difficult in a large economy because of the high costs people would have to incur looking for suitable
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