Edith Penrose The influence of Edith Penrose remains a fundamental element in the discussion of the growth of the firm. It is essential to evaluate the input that she had in the world of business and the central role that she had in the establishment of the fundamental elements of the growth of the firm. It is essential to consider the overall influence of these theories in relation to the growth and development of different industries. The usefulness of these tenets is entrenched in the impact that they have on the daily operations of the various organizations across the world. There is a need to evaluate the overall effects of this theory of the firm concerning the impact that it has on the management of organizations and the corporate world. The theory of the firm is a crucial framework that highlights various aspects of organizational management. This theory explores the basis of the formation of the different organizations in terms of their impact in the society as well as the centrality of internal organization in furthering the agenda of the…
Name Course Tutor Date Brexit: Mercantilism and Constructivism Finally, Britain finalized on a deal to leave the European Union on January 31st 2020 after a series of issues which sought to derail the whole process. However, the significant concern currently has been the development of a British Identity away from the European Union. The development of Britain’s foreign policy has become a significant point of focus, primarily how the country will deal with issues concerning trade and migration. Having been a founding member of the European Union, the British policies have been mainly intertwined with those of the European Union. However, there is a need to understand how the country is going to deal with the presenting challenges. Majority of the trade deals and operational environment within Europe has been subject to European Union guidelines. Therefore, understanding why Brexit occurred based on two major theoretical approaches which are Mercantilism and Constructivism. Brexit background The decision by Britain to leave the European Union has always been a point of discussion. This has sought to create an emphasis on the influence of…
Yellowstone ecosystem Yellowstone ecosystem is best known as a national park. It has several beautiful sights. Many beautiful mountains are covered by expansive forests, stunning waterways, and enormous waterfalls. The geothermal pools and springs dot the scene making the place the most remarkable ecosystem. The major herbivores found in the park include the moose, bison, elk mountain goats, and deer. The main predators include the wolves, the bear, wolverines, and the coyotes (“LORDS OF NATURE,” n.d.). The primary role and the importance of such an ecosystem are that it balances the ecosystem in the sense that the herbivores consume the vegetation, while the carnivores consume the herbivores. The main plants in the Yellowstone include the deciduous species, several trees such as the pine, and both the white and Engelmann spruce. Other animals that depend on plants to survive include the birds and insects. Removing a predator from the ecosystem can be catastrophic. The role of predators is to consume prey; in doing so, they control the number in the ecosystem. Predators assist in maintaining balance among different organisms in an…
Academic research By definition, research entails the investigation of a particular subject to discover facts, develop an action plan, or revise a theory on facts discovered. A research article is systematic in structure and contains specified steps and sequence with is well –defined. Furthermore, it is guided by logic reasoning and the process of deduction and induction. This means that one or more aspects represent real situations (Library Research Tutorials, n.d.). Data provided is from external research results. Secondly, research is usually a continuation of previous research. Lastly, the investigator must also be able to distribute the work in an open format, which ensures that the study must be made easy to use. On the other hand, it is essential to know what scholarly works are and what they contain. Some key aspects allow one to tell academic research. To start, the author(s) name are normally included. This is because the work is a professional; hence the name of the authors must be represented. Furthermore, the language that is used is specialized or technical. Scholarly work mostly has a…
Privatization Amongst primary functions of the government is providing basic and essential services to its citizens. It does so by ensuring a high level of efficiency in the utilization and mobilization of human and economic resources (Lieberherr & Leiren, 2017). However, achieving the needed efficiency faced by difficulties. Such cases necessitate privatization and outsourcing of services, two common ways through the government adopt to optimize the provision of public services. The two methods promote improved delivery of services. While privatization poses a risk of monopoly, it is the best option as it is associated with increased operational efficiency and higher productivity. These two economic achievements are hardly possible with mere outsourcing of services. Privatization involves a complete transfer of human and physical resources to a private manager, facilitating actualization of more proactive cost-efficiency strategies. According to Kim (2010), private entities are associated with higher financial discipline, a culture that is rare with public companies. Saving of time and cost is high in private entities as managers in such company have profit targets to hit. Thus, economic resources in these organizations…
Student’s Name Professor’s Name Course Date Summary and reflection on North America Part 1 This section highlights key issues that have been discovered in North America. First and foremost, the uneven distribution of natural resources. North America is formed by the Caribbean, Central America, and North America itself. That is geographically they form the continent North America. The continent of North America does not produce enough oil to serve the whole continent, thus depend on imports. The United States has been ranked among the top producers and consumers of oil. Since they still import oil means that they consume more than they produce. This trend is likely to impose dangers on the environment if other forms of energy are not resorted to. Secondly, there is increased deforestation, pollution and the reduction of freshwaters. All the factors herein may affect ecological balance. In studying this, important topics of how dams can destroy estuaries, and the harmful effects of over-pumping water bodies were covered. Pollution is a significant threat to the environment. These issues can be further broken down into air and…
WEEK 3 DISCUSSION RESPONSES NAME: INSTITUTION: DATE: Discussion 1 responses Emily Drummond, A valid contract should be acceptable to both parties and involves the establishment of an agreement. For a contract to be valid, it should be signed, and all terms of the contract described. In real estate businesses, a valid contract should be developed to avoid conflicts and also illegal deals. An option is a form of contract where the property owner agrees to put on hold to current see after being paid a consideration fee (Hobkirk, 2017). This is helpful as it allows an individual to seek enough money or investigate the suitability of the property to their use. As you stated, a valid contract should be supported by an offer, consideration, and acceptance. These are some of the components of a valid contract, and the contract must be signed by both contracting parties. The buyer should also pay consideration (money or services) to the owner for them to agree to an option contract. References Hobkirk, A. (2017). ESSENTIAL ELEMENTS OF A VALID CONTRACT. Company Administration Handbook, 205.…
Having values while dealing Over time there has been a loss of value in the people. Life is not always about growing old; life is about being good people and promoting the value of other people. The behavior of the person is what defines the actual value of the person (Bolwell, 2019). People must embrace values at all levels-either in leadership or subordinates. It’s because our values are what will determine our trues values. Surprisingly, many people talk about the benefits that they only think that they possessed. The authors say that the primary value of a person is self-love. Self –love is vital since at all levels of interactions since it will enable us to look forward to an action or something that is above us. The value can be a good character or an acceptable moral code (Bolwell, 2019). The value can be being sympathetic about a patient. The golden rule about is to ensure that action is satisfactory. However, classifying a value as good or bad requires wisdom since good values are rare and bad values are…
Analysis and Interpretation Using the One-Way ANOVA The one-way analysis of variance (ANOVA) is a statistical tool that is used to compare the means between two or more groups of data. The one-way ANOVA aids researchers in determining whether there is a statistical significance when comparing the means of multiple variables, usually independent (Warner, 2013). This report examines and analyses the data variables in the grades.sav data set (section and quiz3), and using SPSS, interprets the data with supporting statistical output using tables and graphs. Section 1: Data File Description The grades.sav data set may be described as follows. The data was presented as a fictional data set by a teacher, who recorded the demographics of his students, as well as their performances across quizzes and a final exam. The performance data was recorded across three sections of the course in question. The total sample size N is 105, with each section consisting of 35 students. The variables in the data set are section and quiz3, where the variables may be interpreted as the predictor and outcome variables respectively. In…
U.K. National Identity Card Project Proposal Problem Statement the U.K. National identification card scheme, which ran its path from 2002-2010, suffered from inadequate facts security, ambiguous reasons for existence, and waning political help from contributors of Parliament in a time of monetary strain. With its cancellation, the U.K. authorities stored an estimated $1.05 Billion greenbacks over ten years. However, hundreds of hours of work and tens of millions of pounds had been wasted developing the National Identification Registry (NIR). Although this turned into an unlucky loss, a repurposed national I.D. card can shop thousands and thousands by preventing funds get right of entry to unauthorized persons (Khan, 2018). In time, all costs can be recouped. Significance Continued efforts have to be made to set up a countrywide identification card. Recently established records policy at some stage in the E.U. provides more excellent information safety even as advances in records structures present the hardware for a secure infrastructure. The ID card itself consists of little personal information and is geared up with 2048-bit encryption. This permits for rapid authentication and enhances…