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2502 Harmonization of Accounting Standards In The European Union: Is It Necessary? This paper argues against the harmonization of accounting standards in the European Union. Unbridled growth in securities, foreign exchange, capital and virtually all markets provides sound proof that economic growth has not been hampered by the lack of a harmonized system of accounting practices. 12 pgs. 21 f/c. 4b.
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2524 Arguments For Or Against The Suggestions That Universal Perfect Competition Represents "Capitalism At Its Best", And That Our Economy Should Be Moved As Close As Possible To Perfect Com This paper discusses the conditions required for perfect competition. Arguments for or against the suggestions that universal perfect competition represents "Capitalism at its best", and that our economy should be moved as close as possible to perfect competition are discussed. 14.5 pgs. 21 f/c. 6b.
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2626 Mergers and the Importance of the Growth of Firms. This paper will discuss the nature of the merger problem. In particular, it will analyze the polemical question of whether mergers are sources of economic efficiency or whether they jeopardize market competitiveness. This will be looked at in a contemporary context, but it is useful to first present a history of mergers to better understand the present-day situation. 10 pgs. 20 f/c. 6b.
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3835 Mutual Funds Vs Common Stock: The Pros and Cons. This is a 6 page, 5 resource paper analyzing the benefits and risks of mutual funds verses building your own portfolio of stocks. Mutual funds are advantageous by offering professional management, little out-of-pocket expense, instant diversification, and some personalization. However, they may be slow to pay off and pay out, may perform badly and the investor is totally reliant on the management of the fund. Self builders have total control over their investment, can get an up-to-minute analysis of the stocks performance and can go for the higher yield items mutual fund avoid. The downside of self investment involves the higher risks associated with the higher yield items, the constant maintenance needed to maintain and possible extensive up front expenses. 7 pgs. Bibliography lists 5 sources.
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3899 Corporate Business Aircraft: A Critical Analysis. This twelve-page graduate level research paper provides a critical examination and analysis of the use of business aircraft for corporate travelers. The discussion focuses upon the financial impact owning and operating extremely expensive business aircraft have on a business entity's bottom line. The paper notes, however, that as important as the high costs of such a course are, isolated economic factors are not all that have to be considered by corporations when weighing the positive and negative aspects of corporate aircraft ownership. The great expense involved in owning a business aircraft must be measured against the alternatives, which frequently incur the loss of valuable CEO time, decreased corporate privacy while in flight, increased schedule complications, limited airport access, decreased safety, and the loss of prestige involved in flying commercial carriers such as Air Yak when competitors are globe-trotting in their own thirty-eight million dollar Gulfstream V's. 12 pgs. Bibliography lists 10 sources.
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4022 The Consumer Movement. This paper discusses the consumer movement, which represented the effort to protect consumers' interests in the face of big business. Promoting consumer protection, the movement has always favored cooperative and other reformist efforts, since it sought to make big business accountable to the consumer. In light of the triumph of market forces, and the failure of Ralph Nader to achieve broad popular support, it is clear that the consumer movement has not succeeded in achieving consumer sovereignty. 9 pgs. Bibliography lists 7 sources.
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4193 Philosophy of Business: Cost/Benefit Analysis. The following discussion will focus on problems with cost-benefit analysis in the context of natural resource policy and development. In order to achieve this goal certain fundamental premises must be outlined and accepted. The cost/benefit approach to natural resources holds that natural resources-from clean water to sub-surface minerals-are commodities that ultimately have a value. It also asserts that economic theories and principles can, therefore, be applied to decisions relating to the disposition of natural resources. As a consequence of these first two premises it does not accept any moral arguments: Notably those that assert that conservation is morally superior to extraction or development as costs and benefits cannot be quantified in this paradigm. 5 pgs. Bibliography lists 3 sources.
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