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
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customization and implementation. However after MaxFli’s implementation over three countries‚ mixed results were obtained‚ and implementation over three countries revealed strengths and weaknesses inherent to MaxFli’s approach. The strength of MaxFli’s strategy lies in BAT’s distributed approach of global development and local design. In line with this strategy‚ the systems development life cycle (SDLC) methodology was divided with BAT global headquarters (Globe House) spearheading a SDLC’s Definition
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Task 1: Psychodynamic approach P1 – Explain the principle psychological perspectives. M1 – Assess different psychological approaches to study. Sigmund Freud developed an approach which was the first psychological approach that elucidated behaviour. Freud discovered the psychoanalysis‚ which is a technique for curing mental illness and also a theory which explains human behaviour. Psychoanalysis is recognised as the talking cure. Normally‚ Freud would inspire his patients to talk freely (on
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Marx K. and Engels F. 1945‚ The Communist Manifesto‚ trans. Samuel Moore‚ Chicago. Nicholaus M. 1969‚ "The Unknown Marx‚" The New Left Reader; Carl Oglesby‚ New York. Popkin R. H. And Stroll A. 1989‚ Philosophy‚ Heinmann‚ Made Simple Books. Wolpe ’s H. 1970 "Some Problems Concerning Revolutionary Consciousness‚" The Socialist Register; London‚ Miliband R. and Saville J.
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Students often only use the prescribed textbook as the evidence base for their argument. The information within these is generally sound. However‚ business people do not make decisions based on one source of information and neither should you. Compare the prescribed text with other text and note if there are different perspectives. These perspectives may assist you in clarifying the point you want to make or add information that lends credibility to the contention you are making‚ i.e. three
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A Fresh Approach towards Internalization: A Need of an Hour In India In Finance‚ cross-border transactions can be achieved at near-zero transactions costs using modern technology. In comparison‚ trade in goods has a more limited potential given the larger transportation costs. In Finance‚ there is a natural pressure for households to diversify their holdings internationally so as to achieve a free lunch of reduced risk. There is no comparable pressure in trade in goods which naturally encourages
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Introduction The lexical approach was invented by Michael Lewis in 1993. Over the years many different methods of language teaching had been developed. There is not a worst one or a better one; the educators choose which one will work better for them. In fact‚ knowing the basic or even the most complicated elements of a language teaching methods does not mean that we will be able to implement it in a classroom; there are important points that we have to take into consideration of our personality
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Leadership Approach Paper Ruben Vasquez University of Phoenix LDR/531 Organizational Leadership Week One Instructor: Robert Hepler January 4‚ 2012 Leadership Approach Paper Overview The trait model of leadership is based on the characteristics of many leaders - both successful and unsuccessful - and is used to predict leadership effectiveness. The resulting lists of traits are then compared to those of potential leaders to assess their likelihood
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Pollution in China Japanese Economy EA Introduction As one of the largest growing economies in the world‚ China‚ as a developing country‚ is now experiencing similar problems that other developed nations faced in their past developing phase. Environmental pollution‚ deforestation‚ unemployment and bribery issues are common in China‚ and China’s ability to progress at a rapid pace has been affected by these problems. Out of all these problems‚ the issue of water pollution in China shall
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UNIVERSITI TEKNOLOGI MARA FACULTY OF ACCOUNTANCY AC220 ___________________________________________________________________ IBM 535 – INTERNATIONAL BUSINESS AND GLOBALISATIONS BUSINESS IN CHINA ___________________________________________________________________ PREPARED FOR: AHMAD SHAZEER BIN MOHAMED THAHEER PREPARED BY: Date Submitted: 21ST June 2013 TABLE OF CONTENT NO. DESCRIPTION PAGE 1. INTRODUCTION ABOUT THE COUNTRY 2 2. BASIC CULTURE OF
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