The traditional profit maximizing theories of the firm have been criticised for being unrealistic. As a result‚ alternative theories of the firm were introduced (Sloman & Sutcliffe‚ 2001). One of the alternative theories of the firm is Growth maximization. Following are the main motives for the firms to grow: The cost motive: A growth maximising firm can lower its long run average costs by exploiting economies of scale and economies of scope. Economies of scale come into effect when increasing
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in the psychological community. False memories occur when you recall an event that did not actually happen. Scientists have been conducting studies to determine whether false memories actually occur and how they occur. In 1995‚ Henry L. Roediger III and Kathleen McDermott constructed the now widely used Deese–Roediger–McDermott paradigm based on the procedure pioneered psychologist James Deese in 1959. They performed two experiments on 36 Rice University undergraduate students to determine whether
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Since the early age‚ we have taught that lying is wrong and hurts people including ourselves. Moreover‚ we also have educated that it is better to accept the consequences of my actions than to lie. However‚ the more we grow up‚ the more we know about using of lying because telling the truth cannot always solve the problem. From my point of view‚ some lying is acceptable‚ some is not. It depends upon what purposes that make people tell lies. The first point to note is that although telling lie
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Pygmalion Effect: Good People Doing Bad Things “Mother of two kills man who earlier hurt children.” Reports like these are seen every day. These headlines often leave people thinking‚ “Why do good people sometimes do bad things?” This question has everyone from scientists to citizens wondering. The Pygmalion and Golem effects help answer this. These self-fulfilling prophecies tell why people do certain things to meet the standards of others. When faced with pressure‚ their reputation on the line
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- Stage 1 - Egg - Stage 2 - Larvae - Stage 3 - Pupa - Stage 4 - Adult Adult -- Blowflies are a group ranging from 6 to 14 mm in length. The black Blowfly has a dark‚ olive-green body‚ black legs‚ and orange pubescence around the spiracles. All Blowflies have blunt mouthparts and do not bite. Egg -- The white or pale yellow eggs of Blowflies may occur in small batches or large masses. Individual eggs are about 1.5 mm long. Larvae -- These white to yellowish maggots have pointed heads
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is something almost everyone at some point in their life does or witnesses. And sometimes watching people conform can be a weird thing to watch. One day when I was with my roommates we all where watching a show and one of my roommates just got home from work and saw the show we where watching and said he hated the show. This happened every once and awhile when he would come home from work till one day instead of saying "I hate this show" he just sat down and watched the show. Now I noticed this‚
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Are Paid What They Are Worth No‚ Chief Executive Officers (CEO’s) are not paid what they are worth. Finding data to support this argument was rather difficult. Most of the data available supports the belief that CEO’s are overpaid. Data used to support the statement that CEO’s are paid what they are worth is from companies listed on the Standard and Poor’s 500 (S&P 500). The Society for Human Resources Management (SHRM) (2014) website suggests that not all CEOs receive multimillion dollar salaries
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It is in my opinion that modern man can absolutely benefit from leading if not a complete Socratic lifestyle‚ then a moderate one. Often I observe how fast paced society is and wonder if anyone takes the time to think of their words and actions based on logic and actual meaning instead of impulse or emotion. We’re instantly available to contact from others‚ but it is not face to face contact. It’s said that the average number of text messages a person receives a day is 110‚ to which a response is
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“Processed foods should have regulations” Processed foods are ingredients mixed with chemicals that are known to cause diseases to the human body. These contain harmful ingredients that are added substances with artificial flavor and other non-organic ingredients in large amounts. Most of the primary components of these substances are made of sugars and salts‚ high fats and fructose‚ and corn syrup. Processed foods are made in less amount of time than organic food‚ which makes the process of making
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I wanted my project to be about change. Change in ideals‚ values‚ fashion‚ freedom and inclusion. Transitioning from the sterile-sexless-family values-working man-suburban 40’s into the cr- well‚ into the 60’s; 1950 was the perfect year for me to examine. In the early fifties‚ ‘independent woman’ made about as much sense as ‘military intelligence’ or ‘jumbo shrimp’. Women cooked‚ cleaned‚ had kids and smiled doing it. They wore dresses and were pressured against sexual exploration (Stanford).
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