The Mode Of Financing Higher Education - 929 Words

The mode of financing higher education in the public sector is central to higher education policy making because it reflects how education is provided to society and at what price. It also indicates the policy stance of the government towards higher education. (Chattopadhay 2007).Once the government has initiated economic reform policies and had frozen budgets for higher education, financial reforms were unveiled. In the post economic reforms period, since 1991 till today, different commission and committees have been constituted by the government or its agencies on higher education. The Government of India set up two committees. One committee on UGC funding of institutions of higher education was set up under the chairmanship of Justice K.Punnayya (UGC 1993) and the other high power committee for mobilisation of additional resources for technical education was set up under the chairmanship of D.Swaminadhan (1994) to outline methods of mobilisation of resources for higher education. The recommendation of both the commitees set the direction of the government policy with regard to financing of higher education in the years to come. Both committees submitted their report almost at the same time in 1993-94. Though the both stressed the importance of state financing higher education, and almost argued for a firm commitment on the part of the government to finance higher education. Also both committee suggested several measures to mobilise non-governmental resources forShow MoreRelatedEducation Is Important For The Development Of A Nation Essay1641 Words   |  7 Pa gesEducation is extremely important for the development of a nation. It is the process of instruction aimed at all round development of youth. It is the only wealth that cannot be robbed. Learning includes the moral values and the improvement of character and the methods to increase the strength of mind. Education enables people to cause and to contribute to societal development. Education has the responsibility for transferring human being into human resources (Gopalan, 2001). Development of humanRead MoreThe Growth Of Self Financing Colleges937 Words   |  4 PagesUnprecedented Growth There has been tremendous growth in private higher education from the beginning of the 1990, this growth has been unprecedented; infact, before 1990 there were very few private institutions. By private institutions not mean the private aided colleges that have been in existence before independence, but private, self-financing colleges, which started emerging during the last quarter of century. The growth of self-financing colleges has been phenomenal; the number of private collegesRead MoreExplain what sources of finance are available for small to medium sized companies and explain why they sometimes face difficulties in raising finance2345 Words   |  10 Pagescountrys economy. Therefore, how to financing efficiently and overcoming fund-raising barriers for its ongoing progress becomes a indispensable part and parcel of their operation activities. The aims of this article is to demonstrate what funds-raising techniques could be adapted by SMEs, then examine what obstacles are face d by them in the financing activities, and lastly, giving a conclusion. 2. Funds-raising sources available for SME 2.1 Internal financing At the initial stage, SMEs have toRead MoreIdiot Nation, Michael Moore, Critical Essay Critique1280 Words   |  6 Pagesthe lack of financing that has been caused from the top of the food chain. Politicians as well as American corporations contribute to the decline in education according to Moore. He attempts to give the reader a clear picture of where America places the importance of educational funding. He follows-up with detailed examples on what districts and schools resort to in order to gain financial support for their programs. Moore is quick to point out the irony of politics and education in America whileRead MoreEconomic Growth And Development Of A Economy2265 Words   |  10 Pagesquantum of the human capital which is primarily acquired from formal education systems especially, higher education. Higher education plays an important role in the accumulation of human capital among the labour forces (Lucas 1988). More educated labour force is more skilled, more adaptabl e to the needs of changing economy and mare likely to develop the imaginative ideas, techniques and products. Any Structural change in the higher education sector is likely to affect the process of human capital formationRead MoreGlobalization of Higher Education7759 Words   |  32 PagesJournal of Higher Education Policy and Management Vol. 30, No. 3, August 2008, 215–229 Globalisation and higher education funding policy shifts in Kenya Gerald Wangenge-Ouma* Faculty of Education, University of the Western Cape, Bellville, South Africa This paper identifies, examines and discusses higher education funding policy shifts that have taken place in Kenya. The paper argues that even though Kenya’s higher education funding policy shifts, from free higher education to cost-sharing,Read MoreLimitations of 10th 11th 5 Year Plan1808 Words   |  8 Pagesobjectives: Education ââ€" ª Reduce dropout rates of children from elementary school from 52.2% in 2003-04 to 20% by 2011-12 ââ€" ª Develop minimum standards of educational attainment in elementary school, and by regular testing monitor effectiveness of education to ensure quality ââ€" ª Increase  literacy rate  for persons of age 7 years or above to 85% ââ€" ª Lower gender gap in literacy to 10 percentage point ââ€" ª Increase the percentage of each cohort going to higher education from theRead MoreCompany Profile Of Tesla Motors1364 Words   |  6 PagesTesla in the promotion of positioning as the world s only senior electric car brand has been creating a Tesla brand context. The reality of the market performance is also very of the force. Tesla in the first three-quarters of 2013 sales is much higher than the BMW, Mercedes-Benz, and another luxury car brand. (Charles,  2016)The partner is Tesla s unique operating advantage. Tesla s competitive advantage comes mainly from the integration of the system innovation, from the vehicle engineering,Read MoreInternatioal Management Case Study: Metro Cash Carry1206 Words   |  5 Pagesareas. MCC has benefited from being business unit of Metro Group, the world s third largest retailer, which has provided ample sources of financing to the company. MCC introduced the CC business model to the world, efficiently controlling operational co sts by targeting small and medium-sized enterprises (SMEs). SMEs larger volume purchase habits leads to higher sales, lower cost and larger profit margin per customer for MCC. Second, the MCC’s cash only policy eliminates default risk credit cardRead MoreFlexibility, And Teamwork Guide Our Recent School Design1430 Words   |  6 Pagesgrew over time in the first half of the 19th century across the country. (Baker, 2012). Schools needed to follow different principles, from the need to be open to the air, to the need to be quickly built, and to the need to provide space for multiple modes of instruction. (Baker, 2012). â€Å"[t]he school building should be simple, dignified and plain and should be built of the most enduring materials procurable; first, because this contributes to safety, permanence and endurance, and second, because the

Formatting Papers in Chicago Style

Hardball Project - 1470 Words

Part 1 The first quote I have chosen to explain is, â€Å"The purpose of the war room was not just to respond to Republican attacks ... It was to respond to them fast, even before they were broadcasted or published, when the lead of the story was still rolling around in the reporters mind... This quote was said by George Stephanopoulos in response of what happened during Michael Dukakis’ campaign. Dukakis’ view on the punishment of criminals was turned on him, and he never really explained or tried to make things clear. He let his opponent ruin him. Dukakis’ downfall was not being able to follow the political maxim, leave no shot unanswered. His opponent fired ads about Dukakis’ view on punishment of criminal. Dukakis never made an attempt†¦show more content†¦This allowed him to get his point across and usually his way. My sixth quote is, â€Å"Florida Senator, Lawton Chiles, rejected the well-tailored dark blue suit so fashionable in D.C. When I dress like that, no one comes up to me in the airport to say hello.† Lawton Chiles said this because the only thing he had going for him was that his opponent wasn’t local. This ties into the maxim of all politics are local. Chiles wanted to get the votes, so he had to get on good terms with the local. He dressed normal and went all over Florida conversing with everyday folks. He won his election and worn country-cut suits to show the people has was still the normal, everyday guy that had elected. My seventh quote is, â€Å"†¦His message came across clear and appealing ... He described America as a country where no Catholic prelate would tell the President -- should he be a Catholic - how to act and no Protestant minister would tell his parishioners for whom to vote. This is a country where religious liberty is so indivisible that an act against one Church is treated as an act against all.† That was said by Kennedy. Kennedy was a Roman Catholic, and many believed that it would affect his loyalty between his nation and his church. Kennedy used a great maxim called hang a lantern on your problem. He brought went to many meeting of groups of Protestant and even toured Texas in order to be judged by his most skeptical voters. He gave his speech on television which includedShow MoreRelatedAp United States Government And Politics3650 Words   |  15 Pagesassignments will absolutely not be accepted and will result in your transfer to the on-level section. - Email me if you have any questions. I will respond within 48 hours during the summer break. Assignment #1 (Hardball Assignment): Learning About â€Å"Politics† From Amazon.com Reviews: Hardball, first published in 1988, is like a modern version of Machiavelli s The Prince, only much more richly illustrated, with anecdotes drawn from talk-show host Chris Matthews s stint as a congressional staffer (whereRead MoreProject Managment Case Studies214937 Words   |  860 PagesPROJECT MANAGEMENT CASE STUDIES, SECOND EDITION - PROJECT MANAGEMENT CASE STUDIES, SECOND EDITION HAROLD KERZNER, Ph.D. Division of Business Administration Baldwin-Wallace College Berea, Ohio John Wiley Sons, Inc. This book is printed on acid-free paper. @ Copyright O 2006 by John Wiley Sons, Inc. All rights reserved. Published by John Wiley Sons, Inc., Hoboken, New Jersey Published simultaneously in Canada No part of this publication may be reproduced, stored inRead MoreWal-Mart Negotiations with Talley3315 Words   |  14 Pagesleadership skills to ensure that her company would have a partnership relationship with Wal-Mart. The analysis will explain concepts and theories that Sarah Talley used in order to achieve a successful relationship while dealing with Wal-Marts’ hardball tactics. Nature and Fundamentals of Negotiations To best understand what negotiations are, we have to look at what fundamentals negotiations must possess in order to succeed and prosper with relationships that we work on creating. Sarah TalleyRead MoreKnowledge Workers Strike Case1527 Words   |  7 Pagessignificance of the problem is fairly substantial because about half of Detonation’s work force is in the SEG and if they strike or walk, this would have a large impact on the company. Some of the outcomes of a strike include: continued delay of major projects or a complete halt or discontinuation of new product launches (i.e. Couch Nijas 2), loss of workforce for Detonation and loss of jobs for SEG in tough economic conditions. The bottom line is for SEG jobs are at stake, while for Detonation, productivityRead MoreMgmt 439 Review1738 Words   |  7 Pagespatterns of concessions o Final offers ï‚ § This is all I can do ï‚ § That is my final offer †¢ Closing the deal o Provide alternatives (2 or 3 packages) o Assume the close o Split the difference o Exploding offers o Deal sweeteners †¢ Typical hardball tactics o Good cop/bad cop ï‚ § Named after interrogation by 2 officers (one kind, one tough) †¢ Can be transparent, often leads to concessions and negotiated agreements †¢ More difficult to enact than read †¢ Alienates targeted party and often requiresRead MoreThe Knowledge Workers Strike Essay1205 Words   |  5 Pagesdeal. The ball is currently in Detonation’s court, and they must decide how they want to progress with the contract negotiations. Detonation has the option to attempt to work collaboratively with SEG and find a mutual agreement, or they can play hardball and stiff arm the union. This analysis will investigate the situation and issues of both parties, along with the best course of action for Detonation to take in the next phase of the contract negotiation. Situation Detonation is a gaming companyRead MoreThe Negotiations : Strategy And Practice Coursework1630 Words   |  7 Pagesversion) 6. Mouse (PON version) 7. Customer Experience Project Negotiation with a leading consumer goods To give context for Customer Experience Project, I am undertaking a project with one of the leading global consumer goods company. This project is an avenue to test my abilities in a different geography. As the company wanted me to interview for a position in my home country and I wanted to work in an International location, this project is a three-month stint in an international location. IRead MoreStandard Oil Rise and Fall1174 Words   |  5 Pagescompetition. In his mind, large industrial combinations, more commonly known as monopolies, would replace individualism and competition in business. Rockefeller planned to buy out as many other oil refineries as he could. To do this, he often used hardball tactics. In 1874, Standard started acquiring new oil pipeline networks. This enabled the company to cut off the flow of crude oil to refineries Rockefeller wanted to buy. When a rival company attempted to build a competing pipeline across PennsylvaniaRead MoreFiji1703 Words   |  7 Pageswhen the company unsuccessfully threatened to shut down again in 2010, this time in protest of a $.15F per liter tax hike. This time the government did not back down. Ending the employment of nearly 400 islanders and halting several humanitarian projects, the company shut down. Only a day later, after a meeting with Bainimarama, the company reopened its doors, agreeing to pay the $.15F per liter tax (Dornan). The government had threatened to take back FIJI Water’s well rights and offer them to anRead MoreCulture Is The Art Of Living And Represents The Values,1468 Words   |  6 Pages implement a slow and pressured negotiations. Bribery and corruption plays a major role in their negotiation. When it comes to Competitive vs Collaborative in India, there will be no Collaborative negotiation at all in some matters such as Construction projects, Roadways and Railways contracts whereas there will be only Collaborative negotiation in some other issues like political power, corporate deals. Due to the high competitive environment, people will always start any negotiation with competitive mind

Economics for Business Principles and Applications

Question: Describe about the Economics for Business for Principles and Applications . Answer: 1). Introduction: A monopolist, being a price maker, always faces two options in an attempt to maximize profit. First, either increase price and lower output. Second, increase output and lower price. It determines the price not with the help of intersection of the demand and supply curve as there is absence of supply curve in the case of monopolist firm. It is the monopolist firm who decides how much it wants to sell in the market. The price is set where the marginal revenue is maximized, ultimately determining the level of supply in the economy. This profit maximization level is achieved where marginal revenue equals marginal costs. This determines the level of quantity to be put for sales in the market and hence the corresponding price is the equilibrium price. This implies that the firm will not set highest maximum price as it doesnt lead to maximum profit and is guided by the level of output. Analysis: Given this, following two condition would prevail that explains when the firm would want to pursue higher or lower price (Pindyck and Rubinfeld, 2004; Mankiw,2007). a)In case firm decides to lower the price of product, it will do so as the demand is higher at the lower prices given the downward sloping nature of the monopolists demand curve. Moreover, marginal revenue gained from the sale of the extra unit of product would always be less than the price. However, a firm would continue to do so in order to reach profit maximizing output where MR= MC. Other most important factor is the elasticity of the demand for the product. A firm would reduce the price only when it is aware that the price elasticity of demand for his product is very elastic. Any change in the price would cause a substantial change in the quantity demanded and corresponding change in the level of prices. Higher the elastic demand is, greater will be the changes in the prices quoted and hence changes in profit(Pindyck and Rubinfeld, 2004). b). A firm would increase the price of its product when it is sure that there is no close substitute present for its product thereby making the demand for its product to be highly inelastic. This way there will besmaller reduction in the quantity demanded due to the increase in the price given the inelastic nature of its product(Mankiw, 2007). Conclusion: Thus, elasticity of the demand is an important factor which determines the level of price and output offered by the supplier. Greater the elasticity, higher would be the fluctuations in the quantity demanded and vice versa. 2). Introduction: A theory of comparative advantage states that a country must specialize in the production of that commodity where the opportunity cost is low and would engage in the trade with the other countries and import that commodity in which the opportunity cost of producing it is high. Analysis: The given statement is not correct. A country would always benefit when engaged in trade where it trades commodities it produces more efficiently than other countries. It is always a good idea for a country to specialize in a product it can produce cheaply, efficiently and at a lower opportunity cost than the other country. For example, consider the following table where the opportunity cost for producing 1 unit of wine is 1.8 units of textile for US. For UK, the opportunity cost for producing 1 unit of wine is 1.14 units of textile. Thus, UK has comparative advantage in producing wine because it has lower opportunity cost. US have comparative advantage in producing textile due to lower opportunity cost. Wine Textile United States (US) 5 9 United Kingdom(UK) 7 8 Total 12 17 Conclusion: Thus, given constant returns to scale, each country specialize(US in textile and UK in wine) in producing a product that doubles after specialization. That is, UK will be producing 14 units of wine instead of total 12 units of production and US will now produce 18 units of textile instead of 17 units (Mankiw, 2007). References: Mankiw, G , Economics: Principles and Applications, 4th edition South Western, Cengage Learning India Private Limited. (2007). Pindyck, RS Rubinfeld D. Microeconomics, 6th edition,Prentice Hall.(2006).