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
Premium Financial markets Stock market Stock
believed -- or at least said he did in the dialog Meno -- in the reincarnation of an eternal soul which contained all knowledge. We unfortunately lose touch with that knowledge at every birth‚ and so we need to be reminded of what we already know (rather than learning something new). He said that he did not teach‚ but rather served‚ like his mother‚ as a midwife to truth that is already in us! Making use of questions and answers to remind his students of knowledge is called maieutics (midwifery)‚ dialectics
Free Aristotle Plato Rhetoric
Classical Approach of Macroeconomics After reading this chapter‚ you will be conversant with: • The Classical Aggregate Supply Model • The Keynesian Aggregate Supply Model • The Classical Analysis of Income Determination INTRODUCTION EARLIER WE HAVE SEEN THE ROLE OF AGGREGATE DEMAND IN DETERMINING OUTPUT AND EMPLOYMENT AT A GIVEN PRICE LEVEL. WE HAVE SIMPLY KEPT ASIDE SUPPLY SIDE AND ITS ROLE IN THE DETERMINATION OF OUTPUT AND EMPLOYMENT
Premium Supply and demand
# What is the main differences between a sociological approach and a common sense approach? Sociology refers to the study on society and the world we live today‚ we may often see ourselves as a free agent‚ however‚ we are often influenced by the things surround us‚ such as the clothes we wear‚ the lifestyle we choose or the country we live. Sociologists try to understand human actions‚ social patterns and social structures; they are interested in what human actions are influenced by our interactions
Premium Sociology Psychology Anthropology
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
Premium Classical conditioning Behaviorism Operant conditioning
sorts of ways to ’leave the path.’ The exact opposite of the Devil is represented in Brown’s wife‚ Faith. Faith represents Brown’s faith in God. An excerpt that best represents the Mythological Approach to Criticism is as follows: "’Dearest heart‚’ whispered she‚ softly and rather sadly‚ when her lips were close to his ear‚ ’pr’y thee‚ put off your journey until sunrise‚ and sleep in your own bed to- night. A lone woman is troubled with such dreams and such thoughts‚ that she’s afeard
Premium Young Goodman Brown Nathaniel Hawthorne God
Strengths-based approach The strengths perspective acknowledges ‘problems’ but takes the focus away from issues by concentrating on factors which increase resilience to overcome difficulties. Through getting to know the qualities of each individual within the family‚ each person becomes valued for their personal contributions or abilities; including their skills‚ capabilities‚ values and dreams. Seen as strengths‚ these assets are utilised to secure empowerment as families access them to build a better life
Premium Psychology Developmental psychology Sociology
He used the term class to refer to a group of people within society who share the same social and economic status (Marx K. and Engels F. 1945). According to Marx‚ class struggles have occurred in every form of society‚ no matter what its economic structure‚ or mode of production: slavery‚ feudalism‚ or capitalism. In each of these kinds of societies‚ a minority of people own or control the means of production‚ such as land‚ raw materials‚ tools and machines‚ labour‚ and money. This minority constitutes
Free Karl Marx Marxism Socialism
eliminate idiosyncratic risk. This study examines equity market reactions to announcements of appointments of senior executive officers overseeing the enterprise’s risk management processes. This definition captures key concepts fundamental to how companies and other organizations manage risk‚ providing a basis for application across organizations‚ industries‚ and sectors. It focuses directly on achievement of objectives established by a particular entity and provides a basis for defining enterprise
Premium Risk management
The Output Approach The Output Approach focuses on finding the total output of a nation by directly finding the total value of all goods and services a nation produces. Because of the complication of the multiple stages in the production of a good or service‚ only the final value of a good or service is included. This avoids an issue often referred to as "double counting" - when the total value of a good is included in the national output in several stages of production. In the example of meat
Premium Value added Economics Gross domestic product