Good Order and Discipline For the military leader‚ the maintenance of good order and discipline is essential for a military force to be effective. An undisciplined military force is a losing one (Hoversten). General Robert E. Lee was one of the greatest military leaders of all time and was firm when it came to discipline. It was important to him that his soldiers understood that‚ in addition to efficiency‚ discipline guaranteed a solder’s safety; that if his forces did not prepare themselves for
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Market failure happens – a situation in which economic efficiency has not been achieved because of imperfections in the market mechanism. These market failures consists of ; Externalities‚ public goods‚ merit goods‚ business fluctuations‚ legal system‚ re distribution of income..as clearly explained below. Business fluctuations are the ups and downs in overall business activity as evidenced by changes in national income‚ employment and prices. It is normal that a country passes through a recession
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Michael Galindo Article #1 revised Common Experience “The root cause of Entrepreneurial Failure” The first article I read was written by Nicolas A. Bibby. His article title was named “the root cause of Entrepreneurial Failure”. I had a good feeling just by reading the articles name a few things he would be writing about. One reason we fail would be due to our lack of knowledge about the business‚ and dislike towards a chosen career. Another would be insufficient capital to hold venture
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Economists have identified four main causes of market failure: The abuse of market power‚ which can occur whenever a single buyer or seller can exert significant influence over prices or output. Externalities- when the market does not take into account the impact of an economic activity on outsiders. For example‚ the market may ignore the costs imposed on outsiders by a firm polluting the environment. Public goods such as national defence. How much defence would be provided if it were
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BBC DIGITAL MEDIA FAILURE Presentation by ALL Purpose of project To create a single tool/system that would enable video and radio production from raw through final edit. Which would be accessible from staff desktop anywhere in the world. Also integrating the new production and the organisations decade of archives. Project status May 2013 Uncompleted/ Abandoned! Reason for failure Lack of proper feasibility study Poor corporate governance No project Manager
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Failure of Democracy in Pakistan Almost 150 years ago‚ Abraham Lincoln defined democracy as a Government of the people‚ by the people and for the people. Democracy is a form of government in which the authority of government is based on the will of masses. Democracy aims at defining the relationship between the ruler and the masses in such a manner that primacy is assigned to the latter. After sixty years of its existence as an independent country democracy has remained an elusive dream in Pakistan
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TOP 10 FAILURE BRANDS IN INDIA Marketing is easy to teach‚ it is easier to understand as well. On practice‚ marketing is quite difficult as a company should have a strong marketing team to work on market opportunity analysis‚ target market selection‚ marketing strategy design‚ marketing program development. When a company slips away from deciding the right marketing mix‚ their products meet failure. Failures are not patented by small companies ‚ there are stories of several huge brands who have
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Market Failure Government plays a vital role in creating the basic framework which fair and open for competitors in the market because competition plays a vital role in the economy. Competition is good but it also has to be fair. There are many benefits to competitions especially in the private sectors. However there are some markets that monopolise the economy which excruciating the price fixing and customer spending powers. Example; Gas and Electricity‚ Transport services and Oil and etc.
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Rationalization of Failure Aesop’s short story "The Fox and the Grapes" tells of a fox failing to find a way to reach some grapes hanging high up on a vine. The story deals with the rationalization of the failure to attain a desired end. Rather than accept a personal failure by acknowledging our shortcomings or by unemotionally evaluating the circumstances that surrounded the failure‚ we rationalize and come up with an immediate excuse. We need to convince ourselves and everybody else who witnessed
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All throughout history and continuing in today’s world‚ there have always been and always will be an infinite number of ways a civilization can fail‚ succeed‚ and evolve. Failure is an inevitable outcome for a civilization‚ whether sooner or later. Causes of failure in a civilization may be famine‚ a lack of resources‚ or over extension‚ which has occurred multiple times through history‚ whether it be Napoleon freezing to death with his army after they got stuck in mud‚ or the leader of a civilization
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