.... you employ 1, 2 or 5 men to work with it, the most sheets you will print will be 1,000 per minute. But,by investing in a second machine their printing company could double its capacity to 2,000 sheets per minute. Once the planing decision (for the long run purposes) has been made to operate with two machines, the firm in practice then operates in a new short run situation with its capacity constrained to 2,000 sheets per minute whether it employs 5,6 or 10 men. Decisions in the long-run are investment or planning decisions relating to the scale of production and decisions in the short run are to do with choosing an output level within the capacit .....

.... to find the bond yield of 5.16% by entering in 1023.80=PV, 1000=FV, 2= N, 38.15=PMT. The bond was calculated semi-annually, therefore I multiplied the answer for I/Y times 2 to get 5.16%. The next step would be to calculate the preferred stock, however my stock had none. I then went to the third step of calculating cost of retained earnings. First I found the three growth rates which were historical, forecast, and sustainable growth. The historical and forecast annual rates I simply pulled directly from Value Line under Past 10 years and estimated years of the dividends. They both were 14.0%. The sustainable growth is calculated by taking the .....

.... names like Robert L. Heilbroner, N. Gregory Mankiw and Keynes. Uchitelle illustrates the challenge to scientific economists with Robert L. Heilbroner’s words: “…They favor two-dimensional models that in trying to be scientific leave out too much and leave modern economists without a true understanding of how the system works.” Mr. Heilbroner believes that modern economists don’t include other fields like sociology, psychology or history to their work. According to him, today, the facts and numbers are considered too much, and the morals and the society’s long term benefits are squeezed out. Math and computers have taken over noneconomic motives and the c .....

.... merger, we identified Tesco as our main competitor, with Asda trailing behind – any reference to “competitors” herein refer to these companies in main. After analysing our findings, here are our recommendations. Sales and Profit Growth Compared to our competitors, we hold the lowest sales growth rate – for the financial year between 1997 and 1998, our rate stood at 5.9% against Tesco’s 18.47%. This suggests that Tesco are “running away” with the competition – having analysed them, there are measures we can take to reduce this deficit. A wider range of products and services will provide Safeway with a more powerful “pulling” ability, thus increasin .....

.... a set of core competencies which distinguish one organization from its competitors. When employees' talents are valuable, rare, difficult to imitate and organize, an organization can achieve a sustained competitive advantage. In order to "compete through people", an organization has to be able to do a good job of managing their human capital: the knowledge, skills, and capabilities that add value to the organizations. Managers must develop strategies for identifying, recruiting, and hiring the best talent available. Develop these individuals in ways that are specific to the needs of their individual firms, encourage them to generate new ideas while f .....

.... 2. Illustration 2.................n 3. Illustration 3.................n 4. Illustration 4.................n 5. Illustration 5.................n LIST OF TABLES 1. Differential Piece Rate Wages..n 2. Table 2........................n 3. Table 3........................n 4. Table 4........................n 5. Table 5........................n Introduction This paper is in response to the assignment for a paper and short speech concerning a person with relevant contributions to the world of management. Frederick Taylor is affectionately re .....

.... Corporation. How did the Microsoft Corporation develop into a software monopoly? For the most part, one or several combinations of the following forge monopolies: an amalgamation of smart business decisions, mistakes by competitors, and at times some shady tactics that a company might employ to become a market leader and monopoly of today. Microsoft had its beginning during the 1970s when IBM was the computer hardware giant of the industry. In 1975 Microsoft was the producer of programming languages for MIPS Altair 7500 (Conigliaro1996). In 1981, Microsoft purchased an operating system for an Intel based 8086 chip from a small company named Seattle Comput .....

.... economics argued that people were motivated by the desire for pleasure and to avoid pain. Jeremy Bentham believed pleasure differ in intensity but there was no qualitative difference. He argued that "quality of pleasure being equal, to a pushpin is as good as poetry," The theory he is trying to say about human motivation is that the we are lazy and selfish A big part of classical liberalism is that we are coldly calculating. Being coldly calculating means that when a situation comes about we dissever what will make us receive less pain and more pleasure. Although the human motivation is by pleasure it is the decision that are cold, selfish, dispassion .....