DIVERSIFICATION AND FIRM PERFORMANCE: AN EMPIRICAL EVALUATION Anil M. Pandya and Narendar V. Rao Abstract Diversification is a strategic option that many managers use to improve their firms’ performance. This interdisciplinary research attempts to verify whether firm level diversification has any impact on performance. The study finds that on average‚ diversified firms show better performance compared to undiversified firms on both risk and return dimensions. It also tests the robustness of these
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Employees Duty to the Firm Harmony between employees and employers is only possible only when there is no selfishness in the relationship. There are a lot of employers or firms obligation to an employee. But for every employer’s obligation there is also a corresponding obligation or responsibility of employee to the employer. While employers give what is just and right‚ employees should also be obedient‚ because obedience counts a lot. An employee should be respectful while an employer should not
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Life without IT In 21th century‚ people are probably all in Facebook‚ Twitter‚ Weibo‚ etc. Are you spending too much time on your computer? A recent survey shows that about 83% of users said “Yes” and only 17% of users said “No”. Internet influences us so much! But‚ did you ever think that if there haven’t computer any more‚ so what would life be like without the Internet? People may say that:” No‚ it is impossible! Although Steve Jobs died‚ but Apple Company still survives.” So here I want
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The Idea of America: Reflection on the Birth of the United States‚ by Gordon Wood. New York: The Penguin Press‚ 2011. 385 pages. Reviewed by Reah Monroe. I am reviewing The Idea of America: Reflection on the Birth of the United States to better understand the significance of the American Revolution and it’s lasting effect on the world. Gordon Wood is a Pulitzer Prize winning author that is at the top of his field and is an expert on the American Revolution. Gordon Wood is the Alva O. Way
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CHAPTER 9 OLIGOPOLY AND FIRM ARCHITECTURE 1. The demand function for a product sold by an oligopolist is given below: QD = 370 – P The firm’s marginal cost function is given below: MC = 10 + 4Q Calculate the equilibrium price and quantity. Solution: P = 370 – Q so TR = 370Q – Q2 and MR = 370 – 2Q MR = 370 – 2Q = 10 + 4Q = MC so Q = 60 and P = 310 2. The demand function for a product sold by an oligopolist is given below: QD = 135 – 0.5P The firm’s marginal cost function is given
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The photographs of lynching in American on the website “Without Sanctuary‚” that were uncovered by James Allen‚ displays the gruesome acts of hatred towards blacks and other minorities‚ that occurred throughout the 20th century. When looking at the photographs‚ my heart instantly becomes heavy‚ and fills with heartache‚ pain‚ anger‚ and resentment‚ because of the images depicted before me. In one photograph‚ the unidentified corpse of a young African American male‚ hangs approximately eight feet
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the late 1990’s‚ Gucci portrayed the characteristics of a firm with a differentiated business-level strategy. Gucci provides value to their customers with high quality luxury goods which consist of unique product features in relation to their rival competitors. One example of Gucci’s distinct quality is the prestigious image of their brand name using the famous “GG” logo on their items. Gucci is a successful firm in the luxury goods industry with many resources and capabilities
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Case Study: Nature of CPA Firm For this case study I looked at a broad range of CPA firms’ websites from the large national firms such as Deloitte‚ PWC and Ernst & Young to the smaller local firms including KDV‚ Copeland Buhl & Co and Schechter‚ Dokken & Kanter. While examining these websites‚ the first thing that became apparent to me is that the content and functionality from website to website is very similar. All of the websites I looked at include an ‘About Us’ page explaining who
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October 12th‚ 2016 I attended an event called “Got Consent” sponsored by learning beyond the classroom. During this event‚ Officer Dorcey and several guest speakers spoke about domestic violence and sexual consent. In this paper‚ I will argue that without consent or while under the influence of alcoholic substance it is not okay to pursue sexual activity. I will argue this by giving exemplification from the occasion I have previously mentioned attending and my experiential perspective on this subject
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Essay #5 Firms of Endearment by Raj Sisodia‚ Jag Sheth‚ and David Wolfe argues the idea of humanistic companies‚ meaning businesses that “seek to maximize their value to society as a whole‚ not just to their shareholders” (Sheth‚ Sisodia & Wolfe‚ 2014‚ p. 3). These companies wish to contribute to a higher meaning in society and take this endearment approach to create value outside of providing a product or service for financial gain. While humanism does focus on the potential for compassion‚ the
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