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
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word‚ is it enlightening‚ is it honest‚ does it deal with unsolved problems of human life‚ is it inexhaustible‚ and last but not least‚ does it leave you the same as when it found you? To Kill a Mockingbird was officially
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Why was the Roman army so successful? The Romans were probably the most successful empire ever. However what made them such a driving force was the power and organization behind the fearsome legions of the Romans. To most people the Roman army just seems like a normal army that you hear about. Well it is much more that that‚ there are a lot of reasons why they are as successful as they were. Here are some of them: weaponry‚ equipment‚ organisation‚ discipline training and its tactics. Some
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Why were plebeians so important to Rome? There are probably several reasons why the Plebeians were so important to Rome. But to comprehend these facts‚ we need to comprehend the origin of the Plebeian people. The Plebeian people were believed to have come to Rome after the Patricians had founded Rome. They probably were the descendant of immigrants who were poor and in search of a better life (Santarpia‚ n.d.). The Plebeians were a poor working class whose activities relates to working in farms‚
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------------------------------------------------- Case Study Review on McKinsey & Company: Managing Knowledge and Learning. Harvard Business School. Article 9-396-357. Rev. January 4‚ 2000 ------------------------------------------------- Knowledge is fundamentally a cognitive phenomenon (Geisler‚ 2007.p. 467) which is embedded in the intellectual capital: the human and structural capital (Bercerra-Fernandez‚ Gonzales and Rajiv Sabherwal‚ 2002‚ p.3) of organizations. The acquisition or to be
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What is academic honesty and why is it important? In my understanding academic honesty is trust in a relationship between professors‚ teachers‚ students etc. It means to be honest with your fellow classmates‚ teacher‚ and pupils in the process of education. To be academically honest means not to cheat‚ fabricate‚ or copy someone else’s thoughts and ideas as if they were your own. Today academic honesty is a very important issue as it is the base of many universities’ educational programs. As the
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Set # 1. 1) Why was Egypt so rarely invaded? How did that contribute to their stability? Unlike many other civilizations Egypt remained intact for thousands of years. There are three main reasons for Egypt’s enduring security and stability. First‚ was the topography prevented invades from entering Egypt easily and without notice. The Nile river is another significant contributor to Egypt’s permanency‚ the Nile provided transportation and made the soil fertile‚ ensuring there was a continuous
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Irish families to gain control over their territories. Henry VIII’s first major impact as a statesman and peacemaker was on the negotiations and finalization of the Treaty of London in 1518. Henry actively took part in the negotiations‚ aiming to improve diplomatic relations and prevent conflicts between the major European powers. Unfortunately‚ despite
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When it comes to the Constitution‚ the whole document is important. And that is because it’s our rules and regulations we live by daily. This document is the framework and backbone of our Federal Government‚ which makes it hard to just pinpoint the MOST important aspect of it. That being said‚ I’ll narrow it down to the two most important aspects of the United States Constitution and how these ideas leave a long‚ lasting impact on America. First and foremost‚ I feel like if we didn’t have some
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Lisa is regarded as a famous work of art for multiple reasons. There are tons of reasons why one could say that the Mona Lisa is famous but I’m going to try and break it down into the reasons why I believe it has become one of the most famous and iconic pieces of art in the world‚ One of the first reasons why I believe that the painting is famous is because of its very creator‚ Leonardo da Vinci. Leonardo was born on April 15‚ 1452‚ in Anchiano‚ Italy‚ and had passed away on May 2‚ 1519‚ in Clos Luce
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