The goal of a social policy is to correct a social problem therefore; latent functions can be considered as outcomes of a social policy. Outcomes can be understood as performance standards of a social policy. For example, during the 1960’s president Lyndon B. Johnson’s administration enacted the Great Society program. This policy declared a war against poverty and many individuals from low income backgrounds signed up for welfare. An important aspect of this legislation was the Head Start Program
be saved. The purpose of this paper is to attempt an assessment of this issue the quality of ratio analysis as an analytical technique. The prediction of corporate bankruptcy is used as an illustrative case. Specifically, a set of financial and economic ratios will be investigated in a bankruptcy prediction context wherein a multiple discriminant statistical methodology is employed. The data used in the study are limited to manufacturing
Some of the earliest theories of juvenile delinquency were economic in their perspective. Economic theories are known as classical theories. They generally state that juveniles are rational, intelligent people who have free will, which is the ability to make choices. Young people calculate the costs and benefits of their behavior
I. Introduction The world we are living these days is rapidly changing with high and fast increasing of development in technology. Technology itself is a big contributor of uniting each separate society into a global society; Globalization. Several meanings of globalization are as wide as it can be interpreted in any circumstances we are having today, in any concept of aspects, such as economy, trade, development, culture, and so one. Globalization refers to a full accessibility that every country
Concepts of Entrepreneur & Entrepreneurship In general, one can define startup as a business that has recently set up and has a comparitively faster rate of growth. The reason to faster growth rate is the goal to successfully meet the requirements of a market. This is possible by the development of a product or a service business model capable of catering to the market needs. Government of India defines startup as ,“an entity, incorporated or registered in India not prior to seven years (for biotechnology
Harveston (1998) suggested that family businesses are the most dominant form of business in the United State and they represent nearly 90% of the total businesses in U.S.The importance of family business are visible especially in employment generation, economic growth, transformation and wealth creation. Kuratko et al., (2004) reported that family business generates
Indian economy has been significantly stable, since the introduction of the industrial reform policies. According to the policy, reduction in industrial licensing, liberalization of foreign capital has resulted in a constant improvement of India’s economic environment. India registered a GDP of $5.07 trillion in 2013 and further improved GDP growth rate of 5% in 2014 as compared to 4.35% in 2013. As the per capita Income is rising, which is affecting the segments of various automobiles being ventured
required for sustaining life and livelihoods: safe water is required for drinking, hygiene and providing food; and adequate water to produce energy and support economic activities such as industry and transportation. On the other hand Water in the natural environment ensures the provision of a multitude of ecosystem services to support economic and cultural activities and meet basic human needs. For too long water has been an issue that is at once everywhere and nowhere (Harrington, 2013). Water
We have seen over the years that political instability also leads to instability in policy, and creates friction in implementation. Secondly, political stability leads to predictable patterns in economic policies, and allow investors, tax-payers, bankers, etc. to take long-term decisions, which also aids in long-term development in a country. However, due to instability Jamaica has seen an increase in their inflation rate and an increase in debt
problem that the retail economics faces on a regular basis. Retail businesses are regularly engaged in competition with one another, and this competition can create price wars. This forces a need to keep tight control over inventory and other important data. The retail economics is