Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
International Comparisons Method
In the 1960s, a few developing countries of the world looked around the developed world in search of models of development. For instance, South Korea examined the profile of development of a few industrialised nations of the world such as Japan, the United States and the Federal Republic of Germany. Other illustrations are: Puerto-Rico used the coefficients arrived at by the United States while Italy used those of France.
Even a model firm of one country can be taken as a model for a similar firm in another country. On a comparative and summative analysis, Korea realised that every increase in national income by one per cent was associated with an increase in participation of high-level manpower by 1.038 per cent. Likewise, the corresponding increase in participation of second level manpower was 1.655 percent.
Based on this information, South Korea planned its manpower supply by adopting the same ratios. This approach of looking to one country as a model cannot be followed by all countries. The chief parameter that controls the process of development in a country is its geographical location. For instance, a country like Nepal which is landlocked cannot think of modelling after Japan or France. Further, apart from geographical factors there are other factors related to the history and culture of the people. For instance, one of the factors associated with Japan’s rise as an industrial power is the quality of the people, their work-culture, self-discipline, entrepreneur-behaviour, etc. Hence, international comparisons as an approach for manpower planning has limited value.
Arbitrage pricing theory is between one of two influential economic theories of how assets are formed or priced in the financial markets and the other model is the capital asset pr
The Schrodinger wave equation generalizes the fitting-in-of-waves procedure. The waves that "fit" into the region to which the particle is contained can be recognized "by inspect
Wealth Tax: A tax in that owners of specific forms of wealth (likereal estate, financial wealth, or inheritances) should pay a specified proportion of that wealth to government, us
Rework figure 1 assuming a closed economy
how do minimum unit costs change with changes in fixed cost?
Q. Can you explain Cost benefit analysis? A term used to explain analysis, which seeks to quantify in money terms as many of the costs and benefits of a policy or project as po
The Effects of Advertising on the Demand Curve: Advertising targets to: • Change the slope of the demand curve which means make it more inelastic. This is done by generat
Factors Shifting Demand Curve: Factors Changing Demand Effect on Demand Direction of Shift in Demand Curve Ef
Imagine a country where plane and train services between two main cities are both provided by private companies, and, from a consumer perspective these services are viewed as subst
Hi, Can you help with writing ten pages, each page deferent topics about Karl Marx economic views. It will be in english as a second language. Nothing fancy. Just simple straight
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd