Discuss the rationale behind the WS and PS curves (12 marks) Keynesian macroeconomics assumes that markets are imperfect and this as the result of lack of competition. The implication of imperfect market is that agents are no longer price takers as in perfect markets‚ but become price setters. In product markets the firms are price setters considering the elasticity of demand which is partly dependant on competition. In the labour market‚ workers are the wage setters. Through collective bargaining
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RATIONALE BEHIND M&A Motives There are two types of motives involved in merger and acquisition and these are Explicit and Implicit motives. Explicit Motives • Synergy: Synergy means that the merged firm will have a greater value than the sum of its parts as a result of enhanced revenues and the cost base. • Economies of Scale: Economic of scale refer to the reduction in unit cost achieved by producing a large volume of a product. Horizontal mergers aim at achieving economies of scale. This
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Theory of Public Administration and Public Policy § "The debate between scientific management and human relations is a continuing one. It may be tempting to regard the theories of Taylor and Mayo as mutually exclusive-at one time one theory is pre-eminent while at other time the other is- but this would be misleading". Discuss; particularly refer whether this is still a viable argument in public administration theory? § In the evolution of public administration as a discipline there
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Public administration is the implementation of government policy‚ and the academic discipline that studies this implementation and prepares civil servants for working in the public service.[1] As a "field of inquiry with a diverse scope" its "fundamental goal... is to advance management and policies so that government can function."[2] Some of the various definitions which have been offered for the term are: "the management of public programs";[3] the "translation of politics into the reality that citizens see
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NATIONAL OPEN UNIVERSITY OF NIGERIA COURSE CODE : POL 123 COURSE TITLE: INTRODUCTION TO PUBLIC ADMINISTRATION COURSE GUIDE POL 123 INTRODUCTION TO PUBLIC ADMINISTRATION Course Team Dr. Justice Igbokwe (Writer) - NDC Dr. C. Nna-Emeka Okereke (Editor) - NDC Ifeyinwa M. Ogbonna-Nwaogu (Coordinator) - NOUN NATIONAL OPEN UNIVERSITY OF NIGERIA ii POL 123 COURSE GUIDE National Open University of Nigeria Headquarters 14/16 Ahmadu Bello Way Victoria Island Lagos Abuja Office
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CHAPTER ONE: DEFINING PUBLIC ADMINISTRATION LEARNING OBJECTIVES After reading Chapter 1 in the textbook‚ the student should be able to: 1. Define public administration within the context of its four frames: a. Political b. Legal c. Managerial d. Occupational 2. Locate public administration within its interdisciplinary context. 3. Define the subject matter that forms the core of public administration. 4. Provide
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IAS Mains - PUBLIC ADMINISTRATION PAPER – I ADMINISTRATIVE THEORY 1. Introduction: Meaning‚ scope and significance of Public Administration; Wilson’s vision of Public Administration; Evolution of the discipline and its present status; New Public Administration; Public Choice approach; Challenges of liberalization‚ Privatisation‚ Globalisation; Good Governance: concept and application; New Public Management. 2. Administrative Thought: Scientific Management and Scientific Management
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PUBLIC ADMINISTRATION ( CODE NO. 18) PAPER – I PART - I Administrative Theory 1. Meaning‚ Scope and Significance of Public Administration‚ Public and Private administration‚ Wilson’s vision of Public administrations‚ Evolution of the discipline and its present status. 2. New Public Administration concept of New Public Management‚ Good Governance‚ Concept and application‚ Ethics and Administration. 3. Scientific Management - (Taylor and the Scientific management movement) Classical Theory
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Journal of Public Administration and Policy Research Vol. 4(2) pp. 23-31 March‚ 2012 Available online at http://www.academicjournals.org/JPAPR DOI: 10.5897/JPAPR11.049 ISSN 2141-2480 ©2012 Academic Journals Review Ethics in Public Administration D. Radhika Ph.D. Research Scholar‚ Post-Graduate and Research Department of Public Administration‚ Anna Adarsh College for Women‚ (affiliated to the University of Madras) Chennai-600040‚ Tamilnadu‚ India. E-mail: radkaanekal@yahoo.com. Accepted 23
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Moving Forward? Assessing Public Administration Reform in Afghanistan BRIEFING PAPER Sarah Lister September 2006 Moving Forward? Assessing Public Administration Reform in Afghanistan Overview Contents I. Introduction II. Public Administration Reform in Afghanistan III. The Scorecard: Achievements and Problems To Date IV. What can we learn from PAR elsewhere? V. What does PAR in Afghanistan need to succeed? VI. Ways Forward Successful public administration reform (PAR) in Afghanistan
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