India's Economic Success
.... one's country,
India has exploded in schools and enrollment in these schools. As we can see by
page 2, both chart's, the difference in a little more then 10 years is
considerable. Both school enrollment and the number of educational institutions
have increased by an average of 63%, however do not get fooled by these numbers.
The Indian's school system are extremely overcrowded and many children drop out
to get a job to help support their families.
This problem with India's educational system falls in two parts, the first being
that children who do drop out to find a job, is part of the social problem that
India has been try .....
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Economic And Monetary Union Of Europe
.... in Europe.
The German population, however, is scared that a United Europe would
create new jobs only in low wage countries like e.g. Portugal. Many think that a
European market with no barriers would would even cause “job hollowing out” of
Germany. Moreover the German population likes the strength of the D-Mark and is
worried that a single European currency would be weaker. As a result of this
many Germans change their money into Swiss Francs. So far Switzerland has done
quite well by not taking place in all events available. One reason why they are
better off is that they didn't take place neither in World War I nor in .....
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Economics
.... discriminate as macroeconomics , you can get a broader picture and
grasp the basic concepts of an economy .
Macroeconomics studies the study a single aspect of an economy , lets say the
mining of coal . You don't research the delivery , the ‘market' ; all you study
is the actual mining process . While this may be more limited in scale , you can
learn more about that specific process . You don't see the whole picture but you
can find the specifics on that subject .
Personally I don't think that the physiocrats theory would work . I
think that if we tried to follow there theory and have the government abstain
from interfe .....
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The Essence Of Empowerment
.... them. Change of any kind will
usually inspire resistance, especially when you are talking about extracting
power from management to place in the hands of "subordinates."
There are obvious methods to achieving the results that the stakeholders
of an organization demand through empowerment. Increases in profitability,
productivity, creativity, and a shorter time-to-market are all feasible results
of empowerment. In fact, "empowerment is an extremely cost-effective means of
bringing about desired changes in performance and operational effectiveness."
It takes only a stout devotion of the entire organization, from the top level .....
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Ethics In Business
.... on the part of the employees, on the duties that they were
assigned. It is plausible that during the testing procedure, an employee couldnt
distinguish which parts they were to test under government standards and
commercial standards. In some cases they might have even been misinformed on the
final consumers of the products that they tested. In fact, ignorance on the part
of the employees would fully excuse them from any moral responsibility for any
damage that may result from their work. Whether it is decided that an employees
is fully excused, or is given some moral responsibility, would have to be looked
at on an indivi .....
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Executive Summary Of Pepsico
.... both were 14.0%. The sustainable growth is calculated by
taking the retention rate (b) and multiplying it by the return on equity (r ).
To find b, I first calculated the dividends payout ratio which is DPS/EPS. I
pulled DPS and EPS from value line under 1997. Then to find the retention rate,
I subtracted the ratio from 1. Next, I calculated r, by taking net income and
dividing it by net worth. These figures I also pulled from Value Line. My b=
.352, and r=28.68%. Then the third growth rate was 10.10(.352*28.68).
Still calculating the cost of retained earnings, I then calculated my
cash flows by the discounted cash flow .....
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Explain Why It Is Impossible To Derive An Analytical Formula For Valuing American Puts.
.... early if it is sufficiently deeply in the money can be an optimal practice.
For example, suppose that the strike price of an American option is $20 and the
stock price is virtually zero. By exercising early at this point of time, an
investor makes an immediate gain of $20. On the contrary, if the investor waits,
he might not be able to get as much as $20 gain since negative stock prices are
impossible. Therefore it implies that if the share price was zero, the put
would have reached its highest possible value so the investor should exercise
the option early at this point of time.
Additionally, in general, the e .....
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Advanced Export Marketing
.... exporting program called P.E.M.D.
A FOOT AHEAD (A.F.A)
There are many problems facing Canadian companies in gaining export
competiveness. A.F.A. wants to reduce these problems and make it much easier
for the exporters to crack the foreign markets. These problems consist of:
1) Lack of market analysis
2) Lack of market strategy
3) Pricing problems - Labour
- Transportation cost
- Economics of scale
- Outdated manufacturing facilities
4) Distance from market (servic .....
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The Great Depression
.... however, this circular flow can falter. People
start hoarding money when times become tough; but times become tougher when
everyone starts hoarding money. This breakdown results in a recession.
To get the circular flow of money started again, Keynes suggested that
the central bank, the Federal Reserve System, should expand the money supply.
This would put more money in people's hands (through the multiplier effect),
inspire consumer confidence, and compel them to start spending again.
A depression, Keynes believed, is an especially severe recession in
which people hoard money no matter how much the central bank tries to .....
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The Fed And Interest Rates
.... these rises in rates will tend to sell
their low interest assets, in order to acquire additional money, they tend move
toward higher yielding accounts, also further increasing the rate. Soon this
small change by the Fed affects all aspects of business, from the price level to
interest rates on credit cards.
Rises and falls in the interest rate can reflect many changes in an
economy. When the economy is in a recession and needs a type of stimulus
package, the Fed may attempt to decrease the interest rates to encourage growth
and spending in the markets. This was the case from 1989 until last month,
during which the nati .....
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New Financial And Statistical Measures To Monitor The Success Of GE
.... In other words, if the forecast proves to be
correct, it will obtain an average annual rate of growth of 7.5%. This high
rate is mainly attributed to the expansion of the services sector of the company,
which is estimated to increase by an average annual rate of 13% compared with a
corresponding one of 2.1% for manufacturing. Today nearly 60% of GE's profits
comes from services -- up from 16.4% in 1980.2
This is our new direction and therefore my target is to find these
measures that are going to help us understand how the business is going to
perform in that particular field. I also consider that our attempt to expand
int .....
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Financial Report Of Loewen Group Inc.
.... services to its acquired
companies including offering training to new employees on its management
information systems and covering costs for any renovations which are needed on
the acquired locations. Each funeral home and cemetery is operated as a
distinct profit centre, with monthly and annual financial performance monitored
by regional and corporate management in accordance with budgeted projections.
This report includes a study of The Canadian Funeral Services Industry
practices, a review of the take-over attempt by Service Corporation
International, an analysis of the Loewen Group Inc. 1995 Annual Report for the
period en .....
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