Considering all the available alternatives we have, performing surgeries on Saturdays without making any other changes in the facility is the best alternative available due to the following reasons: • no fresh capital investment is required • no new construction required • revenue outweighs extra costs • quality of the service will be maintained By drilling down to numbers, there are 89 beds in total which are used for 5 days, therefore, sum of daily capacity = 89*5 = 445 and if we look
Words: 397 - Pages: 2
I. Dualism Poverty/lowincome-difficult to measure, may include social capital, human capital. 1. Spatial mismatch a. Distance from residence to work i. Transportation/commute b. Housing-informal settlers 2. Type of labor c. Inequality of human capital d. Labor mismatching 3. Neighborhood Segregation e. Gated communities vs. maids f. Production of slums(Planet of slums) II. Agglomoration A. Trading cities and Factory cities(specialization/comparative
Words: 415 - Pages: 2
Illicit Financial Flows From Developing Countries: 2001-2010 Dev Kar and Sarah Freitas December 2012 Illicit Financial Flows From Developing Countries: 2001-2010 Dev Kar and Sarah Freitas1 December 2012 Global Financial Integrity Wishes to Thank The Ford Foundation for Supporting this Project 1 Dev Kar, formerly a Senior Economist at the International Monetary Fund (IMF), is Lead Economist at Global Financial Integrity (GFI) and Sarah Freitas is an Economist at GFI. The authors
Words: 9045 - Pages: 37
transactions which supports a networked economy, both in terms of the network size and the demand for associated goods, services, labor and policy reform. The critical characteristic of the networked economy is a radical decentralization of physical capital necessary for the production, storage, distribution, and processing of information, knowledge, and culture. This decentralization has caused a radical distribution of the practical capability to act in these areas, creating new levels of efficacy
Words: 1260 - Pages: 6
Briefly explain about the unique FRS in Malaysian standard The unique FRS in Malaysian standard is to issue statements of principles for financial reporting. Means, it is a description of the fundamental approach that the Malaysian Accounting Standards Board believes should, in principle, underpin the financial statements of profit-oriented entities. The Statement is intended to be a comprehensive and reasonably detailed description of that approach, and the approach itself is intended to be internally
Words: 359 - Pages: 2
bear on problems and opportunities as their most important capability. They are realizing that to remain competitive they must explicitly manage their intellectual resources and capabilities .To build their intellectual capital, those organizations are utilizing the social capital that develops from people interacting repeatedly over time. Lincoln Re has an early-warning process in place to monitor research in the medical field for anything that eventually may
Words: 383 - Pages: 2
that the main cause of conflict in society is inequality, and this inequality brings about disadvantages to workers and benefits to the owners of capital. Although this perspective is backed by strong examples in today’s society, such as the decline in skilled labour leading to greater inequality between the proletariat (workers) and the bourgeoisie (capital owners), it spends too much time on blaming the structure of the system for making inequalities worse, without taking into consideration how much
Words: 2200 - Pages: 9
Wiki Loves Monuments: Photograph a monument, help Wikipedia and win! Production theory From Wikipedia, the free encyclopedia Jump to: navigation, search Production theory is the study of production, or the economic process of converting inputs into outputs. Production uses resources to create a good or service that is suitable for use, gift-giving in a gift economy, or exchange in a market economy. This can include manufacturing, storing, shipping, and packaging. Some economists define production
Words: 9401 - Pages: 38
the changing hiring requirements, knowledge sharing, leadership style in terms of employee motivation, promotion are some of the key challenges need to be addressed by the HR strategy implementation. i. INTRODUCTION An organization’s human capital management culture should value the workforce as the key asset which will define the organization’s business profile, effectiveness and performance capacity (Champion & Hughes, 2001). Good HR strategy and practices aligned with the organizational
Words: 274 - Pages: 2
motivated and updated * Human Capital Human capital is a term used in some economic concepts of growth to designate a suppositional production factor dependent not only on the quantity but also the quality and degree of training and productivity of the people involved in a production process. From that initial technical use has spread to designate the pool of human resources having a company or financial institution. Also spoken informally of enhanced human capital with increasing degree of skill
Words: 420 - Pages: 2
