.... of cross divisional activities, this model expects BHP to be able to find expansion opportunities. Particularly where opportunities exist that involve more than one divisional group. An example of this is BHP Power, which develops power stations using the most appropriate energy source for the circumstances. Power is an independent group, drawing on the skills of the Mining and Petroleum divisions where necessary. The company is looking at other possible new businesses, that are natural developments of the company's existing businesses, in the same way Power has evolved from Petroleum and Mining. One of these is Manufacturing, using th .....

.... have found links between unemployment, poor mental health and poor general health possession. Other studies have shown that the informal support systems, like friends and relatives, can help absorb shock against the negative effects of unemployment (Unemployed 1). The latest unemployment rate for August '96 shows that 4.3 percent of Vermont's citizens are unemployed. That is about fourteen thousand people in just this one small state (Griffin 1). Think of how many people are unemployed in the entire United States. That would be over five million people. If people wanted to get out and get a job, they probobly could pretty easily. .....

.... and attitudes leading to the Tax Reform Act of 1986, and shows how public perception about taxes has changed since then. He also discusses some of the tax reform proposals that are now currently being thought about in Congress. In 1986 the United States Congress enacted the Tax Reform Act (TRA-86). The act passed with a great deal of bipartisan support. This support was made possible by two features of the act. The first was that federal income tax rates were to be cut dramatically. While this would lead one to believe that federal government receipts were cut substantially as well, it was the second important feature of the bill that .....

.... by business on the new trading reality, and a change in policies by Government to enable Canada to function better with the FTA. The FTA stands to alter Canadian business which has grown rather relaxed and inefficient behind walls of tarrifs. While these may have initially spurred industry, they have after time encouraged complacency. With these rapidly disappearing walls, business will have to become "lean and mean" in order to compete in a very competitive global market. Looking at the present state of affairs our status in research and development (R&D), labour costs and expansion, there is much that must be done. Compared to the ot .....

.... high tech world that is deciding whether or not to be socially ethical needs to consider the following: the cost of being ethical, conflicts between goals and values, and the models of ethical decision making as companies encounter increasing pressure from the public to be socially accountable for their actions. During the dawn of the new public awareness of social responsibility economist Milton Freidman (1997) argued that corporations cannot have social responsibility because they are not real, they are intangible and emotionless. Only human beings are able to have social responsibility (pp. 781-787). Corporate executives of co .....

.... them. Of course, this choice does not come without an opportunity cost for the consumer. A used car will generally be bought on the condition "as is" or, at best, with a very limited warranty. If a buyer of a used car drives off the lot and finds they have purchased a vehicle that needs lots of money spent on it for repairs, they may possibly find themselves out of luck. Another downside may come as more people continue to saturate the market, looking for used cars to buy, the resources available will become scarce. An increase in used car prices may gradually start to rise. As the figures indicate, for now consumers seem to be content .....

.... launch. Because all record players around the world were standardised, the sale of records had an enormous take off. This made it possibilities to earn a good profit in the music/audio industry, and many different equipment manufacturers arised. The market was, and still is, alive because of the continuing audio developments. Radios, cassette players, CD players, DAT players, minidisk players, etc. give rise to even more sales. In the 1960's the firs stereo recordings were made. Soon afterwards, the industry introduced the notion Hi-Fi (high fidelity) just to make clear how far the development had come. When the cassette tape was int .....

.... large- scale industrial sectors. European successes have increasingly come from specialized, high value-added industry and from intelligent, flexible companies able to shift production quickly to capitalize on movements in world demand. The net result of these changes has been a transition to a post-industrial society, where the stable economic order of mass employment in large-scale industry has given way to mass unemployment and a breakdown of the political and social consensus that held sway throughout the post-war period. These changes have fundamentally altered the Western European labor market. This paper will show how post-ind .....

.... rate, and this is the reason why American put options are normally valued higher than European options. Nonetheless it has been proved by academics that it is impossible to derive an analytical formula for valuing American put options and the reason why will be discussed in this paper as well as some main suggested techniques that are used to value them. According to Hull, exercising an American put option on a non-dividend-paying stock early if it is sufficiently deeply in the money can be an optimal practice. For example, suppose that the strike price of an American option is $20 and the stock price is virtually zero. By exercising e .....

.... monetary unification would be impossible to bring about without extensive integration and unification of international governments and economies, a task so vast that it is unlikely ever to be accomplished. Thus, the only option central banks have is to allow exchange rates to float freely. The European Monetary System, which virtually collapsed in 1993, was an attempt to fix exchange rates within certain tight bands, to coordinate monetary policy between member nations and to have central banks intervene to keep exchange rates within the bands when necessary. The reasons for the collapse were myriad, but, simply put, it happened because Ge .....