Assignment Set 2 Question 1 What are the principles of management? Answer There are fourteen principles of management laid by Henri Fayol. They are elaborated further below. Division of labour A particular task is divided into several units or segments‚ each performed by specialists in order to achieve efficiency. Authority and responsibility coexist Responsibility must be understood properly in order to achieve command in the business by taking the right decision at the right time for the
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Two models have attempted to explain why the goals are different and how these goals are achieved; Baumol’s Theory of Revenue Maximisation and Marris’s Model of Managerial Enterprise . Initially the Two models will be briefly explained. Then‚ by reference to determinants of managerial remuneration‚ the empirical evidence of the occurrences of the determinants‚ the two models will be examined. This is to come to a conclusion on which model is best supported by the empirical evidence. Models Marris’s
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Critically examine how ethical theories approach issues surrounding pornography There are many ethical theories which can be applied to the ethics concerning pornography however I believe the easiest ethical theories for giving a clear cut between what is acceptable and what is not are the absolutist theories or the ones with Absolutist rules such as Kantian Ethics or Natural Moral Law. Pornography is a form of media which is sexually stimulating for the observer. The ethical situations surrounding
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The Solow Growth Model Economics 202 14 April 2014 Statement on plagiarism: I understand that plagiarism is a serious offence and confirm that unless otherwise acknowledged the content of this essay is my own. Economic growth rates across countries are hardly ever the same and the Solow-growth model is the starting point at determining why growth rates differ across countries (Burda and Wyplosz‚ 2013: 61). This essay aims at examining the aspects of the Solow-Growth
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Growth Model of Singapore Group 5 Yash Goradia Dhairya Kajaria Ankita Rathi Jaspreet Sandhu Sahil Sanghvi Shriraj Shetty
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The institution of family is a basic unit in the society‚ typically consisting of one or two parents and their children. Family members can be related by ancestry‚ marriage or adoption. The two main types of family are nuclear – consisting of husband‚ wife and dependent children – and extended – consisting of other kin members like uncles and aunts. The family has different functions. Firstly‚ the family enables socialization. It gives children the social experience of learning the ways of their
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What is Gordon Growth Model‚ “This model is use to determine the fundamental value of stock‚ it determines the value of stock based on sequence or series of dividends that matured at a constant rate ‚ and the dividend per share is payable in a year” Stock Value (P) = D / (k – G)--------------Equation 1 Where D= Expected dividend per share one year from now G= Growth rate in dividends k= required rate of return for equity investor This model is useful to find the value of stock‚ with following
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Nationalisation of Banks in India - Introduction After independence the Government of India (GOI) adopted planned economic development for the country (India). Accordingly‚ five year plans came into existence since 1951. This economic planning basically aimed at social ownership of the means of production. However‚ commercial banks were in the private sector those days. In 1950-51 there were 430 commercial banks. The Government of India had some social objectives of planning. These commercial banks
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TITLE OF ASSIGNMENT…… Critically examine the need for tourism policy and planning. Provide examples from tourist destinations to illustrate your points. …………………………………………… …………………………………………………………………………… …………………………………………………………………………… Critically examine the need for tourism policy and planning. Provide examples from tourist destinations to illustrate your points. (2024 words) The tourism sector has become in the last century one of the most prolific industries
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impact of dividend policy of shareholders’ wealth in Organic and Inorganic Chemical Companies in India during 1996 – 1997 to 2005-2006. To measure the impact of dividend policy on shareholders’ wealth multiple regression method and stepwise regression models are used by taking DPSit (Dividend per Share)‚ RE it (Retained Earnings per Share)‚ Pet-1 (Lagged Price Earning Ratio) and MPSit-1 (Lagged Market Price) (MVit-1) as independent variable‚ and MPSit (Market Price Per Share) as dependent variables. To
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