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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INVESTOR NEWSLETTER ISSUE N°3 IT SHOULD BE DELIVERED ONLINE TRAINING THE WAY HTTP://WWW.4PM.COM FALL 2007 Why Do So Many Projects Fail? Dick Billows‚ PMP ProjectPedia Change control Charter Estimating Lessons Learned People Skills Planning/Scope Presentations Requirements Risk Scheduling Status Reports What do PMs do Work breakdown WBS CERTIFICATION Associate PM IT/IS Project Manager Consulting PM Healthcare PM Business PM PMP Professional PM All Courses
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Regulations (FAR) – Cost Sharing Contract -type of cost-reimbursement contract -government pays a pre-negotiated percentage (60/40‚ 50/50) of the allowable costs to the contractor -commercial items not allowable -no fee 16.303 Cost-Sharing Contracts (a) Description. A cost-sharing contract is a cost-reimbursement contract in which the contractor receives no fee and is reimbursed only for an agreed-upon portion of its allowable costs. (b) Application. A cost-sharing contract may be used
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PEDs: False use of medical advancement Performance enhancing drugs in sports has become a controversial issue in the world today‚ especially when it comes to athletes and people involved in it. These drugs are commonly known as PEDs (performance enhancing drugs) and people who use these drugs to enhance their performance consider it legitimate as it helps in improving their concentration level. Today’s athletes continue to push the boundaries of distinction in performance and physical fitness. PEDs
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The use of 3rd party logistics firms and outsourcing supply chain strategies Introduction For the last couple of decades the interest in logistics alliances and third party logistics (3PL) has been growing in academics and industries. The common viewpoint is to consider 3PL as outsourcing of logistics activities. The aim of this paper is to take a complementary perspective by looking at 3PL as an insourcing of resources. It means the shipper gets access to the providers’ resources. Matthias
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CFA® Level I – Economics Demand and Supply Analysis: The Firm www.irfanullah.co Graphs‚ charts‚ tables‚ examples‚ and figures are copyright 2012‚ CFA Institute. Reproduced and republished with permission from CFA Institute. All rights reserved. 1 Contents and Introduction 1. Introduction 2. Objectives of the Firm 3. Analysis of Revenue‚ Costs and Profits www.irfanullah.co 2 2. Objectives of the Firm • The objective of the firm should be to maximize shareholder value • This reading assumes
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Why do Teenagers use drugs? Young people try drugs for many reasons including relaxation‚ socializing‚ curiosity or peer pressure. Alcohol‚ tobacco and cannabis are the most commonly used drugs by teenagers. Around one in five teenagers have tried cannabis at least once. Parents can reduce the risk of drugs for their children with some strategies Some strategies to avoid children using drugs may be: * Model appropriate behavior such as drinking moderately‚ not smoking and not using illicit
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OF A SUPPLY CHAIN AUDIT OF COOLLAND CATERING SERVICE‚ ACCRA PREPARED BY: PRESENTED TO: DR. KOFI DADZIE 1. INTRODUCTION Supply chain performance has never been as important as it is today. In a global economy where supply chains‚ and not companies‚ battle one another‚ how a supply chain performs determines who will win the battle. To achieve maximum benefit from a supply chain‚ a supply chain must be performing at its best or anything it has gained will be short-lived. Yet‚ many companies
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example in the first case‚ Enron increased their net income through many methods to rise their share price‚ but in the second case‚ the company decreased their net income. However‚ both earning management comes with the bad consequences happened to the society. Next‚ we are going to see another example which is how management is motived to manipulate accounting number to reduce or underprovide for environment and restoration costs. As a result‚ there cause some ethical issue. First let us
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society‚ they can both be very dangerous. There are different reasons why young people take steroids or pierce their bodies. Recently‚ piercings of the lip‚ tongue‚ nose‚ ear‚ navel‚ and nipple are growing in the world. The reasons for piercing vary greatly; some people pierce to fit into a certain group that they want to be the member of. Some teenagers pierce to be rebellious against their parents. However‚ some young people use steroids to increase their performance in sports. For example‚ Arnold
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