Thursday, September 3, 2020

Corn farmers Essay Example | Topics and Well Written Essays - 500 words

Corn ranchers - Essay Example According to the law of interest and gracefully of financial matters, lesser interest of corn will push the cost of corn down ward to a degree so harmony sought after and flexibly comes to. Singular corn ranchers will in this manner face the condition of lesser requests then already what they had obliged. The market of corn can be expected as entirely serious for the accompanying reasons. 1. There are enormous makers and providers of corn in the market. It implies that every maker is excessively little contrasted with the whole market to impact cost by its own flexibly. 2. Corn Market has plentiful providers with normalized items. Purchasers see them all indistinguishable. 3. Purchasers have flawless data accessible about the costs of corn makers. 4. There are no access or leave hindrances for the organizations over the long haul; showcase is consistently open for rivalry for new providers. 5. The market is said to have reached in since quite a while ago show balance to 2014 and in a n entirely serious state as the peripheral firm makes an ordinary benefit over the long haul. Since market of corn is about completely serious, any decrease sought after or increment in its flexibly will push the cost down ward in order to locate another harmony of interest and gracefully during 2016 and past. (Benevolently allude Appendix I) Above happening is limited by specific presumptions, which are counted according to the accompanying. a.

Saturday, August 22, 2020

The effect of financial crisis on Islamic banking Compared with Essay - 1

The impact of budgetary emergency on Islamic banking Compared with non-Islamic banking in Gulf committee nations (GCC) - Essay Example The paper will likewise examine the key highlights of GCC economy, and that one of Qatar specifically. The monetary highlights of this locale will be attached to the variables that prompted a superior presentation of IBs in GCC, during 2008 money related emergency. The biggest Islamic banks (IBs) have a place with the nations of the Gulf Cooperation Council (GCC). The 2008-2010 worldwide money related emergencies welcomed a new viewpoint on the connection between budgetary solidness and Islamic banking, particular corresponding to the adaptability of such an industry during monetary emergencies. A few authorities have contended that the Islamic banks were less influenced by the money related emergencies on account of their hazard sharing and resource based nature just as the way that they don't manage the sort of advantages related with a large portion of the misfortunes that non-Islamic banks endure during budgetary emergencies. Still another area of specialists contend that the Islamic Banks, much the same as the non-Islamic banks, have relied upon use and have taken on significant measures of dangers that open them to the subsequent stage effect of the worldwide monetary emergencies (ÄÅ"ihã ¡k and Hesse, 2008). All things considered, Islamic Banks endured less hazard contrasted with non-Islamic banks during the 2008 money related emergency, particularly thinking about that the non-Islamic banks endured the biggest misfortunes in Europe and the US. A nearby report on 2008 monetary emergencies shows that Islamic Banks improved, regarding productivity, than the non-Islamic banks. This circumstance, notwithstanding, withdrawn in 2009 as the effect of the emergencies turned out to be all the more genuine. Islamic Banks from GCC ceaselessly indicated a development in resources and credit that outperformed the non-Islamic banks in all nations, aside from UAE (ÄÅ"ihã ¡k and Hesse, 2008). The idea of Islamic banks plan of action assumed a key job in containing the ominous impact on their benefit during 2008 budgetary emergency. Also, some Islamic banks

Friday, August 21, 2020

Barriers to Communication Essay

The correspondence subject that I have decided to expound on is The Barriers to Communication in the in the work environment. My emphasis will be on the Apple Organization just as different associations that have had interchanges issues. My enthusiasm for this theme comes from the way that I’ve experienced numerous boundaries to compelling correspondence while in the work place. I see actually how inadequate correspondence by all degrees of an association can prompt the lessening work ethics, profitability and so forth. I am likewise keen on this point in that as a Business Management significant I might want to be as emotional in my correspondence with the association I will join just as with the people that will contain the organization. In view of an examination done In July 2011, a Maritz Poll, a yearly representative demeanor review directed by Maritz Research, detailed that 25 percent of workers showed having less trust in their administration than they did the earlier year. Terrible correspondence separates trust. Obstructions to correspondence in the work spot can be unfavorable to the supportability, life span and accomplishment to the association. There are various boundaries that impact correspondence in the work place. As indicated by skillsyouneed.com, these boundaries go from nonverbal correspondence, absence of input and social contrasts. These boundaries to correspondence may and can happen at any phase in the correspondence procedure. Obstructions may prompt your message getting twisted and you in this way chance burning through both time as well as cash by creating turmoil and misconception. Successful correspondence includes defeating these boundaries and passing on an unmistakable and succinct message. References Hindrances to compelling correspondence. (n.d.). Recovered from http://www.skillsyouneed.com/ips/hindrances communication.html Duggan, T. (n.d.). Correspondence issues in a business. Recovered from http://smallbusiness.chron.com/correspondence issues business-2828.html

Monday, June 15, 2020

Business Issues, Ethics and Whistleblowing - Free Essay Example

Q1. In this case, there are three main ethical issues, as following: Firstly, the two guys are construction workers and they should sign an engagement letter before working. However, the article did not state any content of the contract. Maybe, the contract of employment did not state the fixed working hours due to flexible. They obtain recalling and they need to work on the site. It is also possible that the contract had a fixed working hours but no assigned location. This contract has clauses to restrict the scope of job, time and others. In fact, they should obey employment contract. On one hand, they should not obtain salary over their actual working hours if salary is based at working hours. On the other hand, they should not absent on working day if the contract listed working time. Anyway, the two guys have a legal relationship between them and their employer, and they breached the contract of employment. Thus, they received money over the amount of actual salary. There is conflict of interest between them and the employer. The reason is that the two men did not work on that day but the names were marked into the attendance book. After that, the day was regarded as working day for them and they would rec eive the salary of that day. That is to say, the company still paid money when they did not attend at work. Its expenditure does not equal employeesà ¢Ã¢â€š ¬Ã¢â€ž ¢ contribution. It leads to the profit of the company of the employer is less than actual profit. The implication is that its shareholders make less money. In fact, their behaviour would affect third partiesà ¢Ã¢â€š ¬Ã¢â€ž ¢ interest and it is unethical. Moreover, they are not honest and straightforward even they justified a number of points why they had done. For example, attendance at work did not mean that the progress was faster. They could work hard to compensate the rest day lost after they were rest and renewed vigor. The productivity would be higher and they had never let Bobby down. In fact, they cannot prove the increased productivity and there is no evidence that it is useful for compensating the rest day lost. In addition, their logic does not make sense. Although their behaviour does not influent othe r workers, it is unfair for them. Because they did not work, they can receive salary on that day. Nevertheless, other workers worked on that day and they got salary that is as same as the two menà ¢Ã¢â€š ¬Ã¢â€ž ¢s. The conduct means whether workers attend at work are the same on salary. They breach the code of integrity and are lack of credibility for the company and other workers. According to the article, they expressed everybody knew about the system, seeing it as an incentive to their work or even a bonus. It means they and their colleagues cheat the company together, which is unethical action. The phenomenon does not become rationalization even if all do this event. They do not obey their duties of the employment. Final, Chui also breaks his duty of care since he is responsible for recording books and accounts. He marked the name of two men into the attendance book but they did not recall seeing on the site the day. Thus, it is seen he intentionally violate his duty. Alt hough it does not show whether Chui obtains an advantage, his conduct has been already wrong. If he receives any benefits on this situation, he will breach the Prevention of Bribery Ordinance (POBO). Of course, the conduct that the workers offer a benefit also breaks the POBO due to corruption. If it is real, they will be guilty of unethical behaviour and may be prosecuted under the POBO. Except that, he has a duty to report the record for his supervisor who is Bobby. According to the article, Chui had been Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s right hand man for many years. In this case, he was not honest using his position as he defrauded the attendance of workers. He tried to mislead Bobby and the employer about the workersà ¢Ã¢â€š ¬Ã¢â€ž ¢ working day and make some benefits for the two men. To conclude, the above behaviour of the two men and Chui is unethical. Q2. Bobby should blow the whistle due to ethics of right and justice which is one of normative ethical theories. The eth ics of right and justice is not in accordance with the outcomes of a decision and it is based on business ethics. Rights are basic, unalienable, important entitlements that should be protected and respected, including rights to life, freedom and property. In this case, the employer has a right to protect his property but the two guys took some money which they should not own. They also did not respect other people because they did not contribute any manpower and got benefits as same as other working labour. Of course, Bobby was also one of the hard labour and they did not revere others effort. In addition, Bobby has a right to expose the unfair event. Besides, justice is the fair treatment that individuals obtain what they deserve. In other words, everyone strives in a situation and obtains the same benefits, it is fair. Everybody is to have an equal right under conditions of fair equality of opportunity. Ethics of right and justice includes fair procedures and fair outcomes. Fair procedures are that fairness is determined according to whether everybody acquires rewards for his or efforts. This is regarded as procedural justice. Although the two guys said everyone knew about the system and it is seen as an incentive to their work or even a bonus, the point cannot prove by evidence. What is more, Bobby did not know it. That is to say, someone does not know its existence. Their conduct is unfair for other workers since they did not work on that day but they received the salary of that day. In fact, other workers need to work hard on whole day. Thus, they are unfair for others, including Bobby. However, the two men certainly breach the ethics of right and justice. Hence, Bobby should blow the whistle. There are three possible personal consequences of Bobby if he followed my suggestion, as following: Promotion Bobby blows the whistle and then Clint knew the degree and implication of the system. Because the managers or employer have not known the event, the company still pays more salary for the staff. The conduct harms the interest of the company and its shareholders. After knowing the event, the company can avoid this expenditure so that it must reward Bobby. In order to encouraging the behaviour, the company awards him a bonus or promotes his position. His career will be better than prior. Moreover, the employer appreciates an honest employee due to benefits for the company. The reward tells all staff that does not do again and also remains vigilant at all time. Breaking a relationship among colleagues According to the article, the two men indicated everybody knew about the system, seeing it as an incentive o their work or even a bonus. That is to say, a lot of people have used the method in their job even it existed for a long time. Byblowing the whistle, Bobby displeases a great deal of colleagues. After knowing the event, Clint may stop the atmosphere at work and reconstruct the culture of the job. At the same time, his colleagues would lose a chance of making more money. Thus, they will be angry with Bobby even never acknowledge him. Besides, Bobby may become a person at work and it means he is isolated thanks to different from othersà ¢Ã¢â€š ¬Ã¢â€ž ¢ thinking. Disemployment When Clint also took part in the system and Bobby blows the whistle, they would make a contradiction between their thinking and behaviour. In fact, Clintà ¢Ã¢â€š ¬Ã¢â€ž ¢s position was higher than Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s and it reflects lots of people of various positions joined the system. They made more benefits in the potential rules, nevertheless, Bobby breaks them. In this case, Bobby is seen as trouble-makers. At the moment, Bobby is victimized and his career prospects in that company will be damaged. He may be fired or people provide him an acceptable bonus if he resigns voluntarily. Of course, he needs to sign an agreement not to disclose the issue to anyone else. What is more, his leave does not affect companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s daily operation since Clint would promote other colleague instead of him. Q3. There are two most prominent personal factors that might influence Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s decision, as following: Education and employment General speaking, the type and quality of education, including professional training, may affect attitudes towards ethics. Different major subjects would teach the various scope of content. It also changes peopleà ¢Ã¢â€š ¬Ã¢â€ž ¢s critical and independent thinking and views. For example, accounting students should learn Ethic of Code. They know more these knowledge than others so that they should know the implication of breaching ethics. Moreover, they should have higher critical thinking and doubt when they have higher educational background. They would analyze event at different level. If Bobby has higher educational background, he should sense and analyze whether the two men do wrong. He also considers what his duties are and whether there is a contradiction if he does not stop the behaviour. According to his learning, he should know the difference implication when he considers various solutions. Besides, employment experience also affects ethical decision making. When a person owns some working experience, the person should deal with various predicaments easily. Or, the person dealt with the situation in prior entities. Thus, he thinks it is not danger and always does the unethical conduct. If that is real, in this case, Bobby should not expose their event to third parties. To opposite, his working experience tells him that consequence is very serious since his previous colleague was a prisoner by similar occurrence. He must vigilant self and does not conceal the event even they are closed friends. Education and employment are that let them know themselves situations and may reduce the risk of unethical behaviour. Thus, they are too important for Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s decision making. Personal integrity Personal integrity is an adherence to moral principles or values. It is also people with integrity have a set of personal values that they live up to and follow consistently. Personal values should consistent with organizational values if conflicts are to be avoided. When they disagree with some points on an organizational or business issue, because it conflicts with their personal integrity, they need to face a potentially troubling moral dilemma. The degree of personal integrity influence strongly ethical decision-making. In this case, the two guys did the unethical behaviour but other workers easily accepted as a lot of colleagues do it. If Bobby has integrity and adherence his moral rules, he disapproves them and needs some courage to report it. At the same time, he needs to accept whistle blowerà ¢Ã¢â€š ¬Ã¢â€ž ¢s result, such as discrimination by other workers. If he does not have personal integrity, that is to be not adherence his moral requirements, he could give u p blowing whistle. And then, he disguises that he does not know anything even he takes part in this system. Therefore, personal integrity is so prminent for Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s decision making. The following two items are the most prominent situational factors that might influence Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s decision. Reward system Context-related factor is that different procedures and systems in every entity offer the context for business decisions and may affect the outcome. Rewards, one of context-related factor, are salary, bonus, health care, commission, fees for extra work, subsidized meals at work, and so forth. Sometimes, partial companies would provide employees a lot of rewards because of encouraging their ethical behaviour. When too much emphasis is focused on motivation to perform, employees may adopt unethical practices to obtain the bonus or commission. Therefore, the design of reward system in a company is very important. If Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s company has some requirements that the working hour of employees is over than specific hours, they would have an additional bonus. Bobby may not expose the two menà ¢Ã¢â€š ¬Ã¢â€ž ¢s behaviour even he also joins the event. The reason is that he may try to meet the number of hours in order to achieving the bonus threshold. It should not encourage , as a result, managers establish carefully ethical reward systems. If Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s company has a set of perfect reward systems, the above situation should be avoided. The company sets a reward for encouraging employees to blow the whistle. Setting hotline, it does not publish the name of whistle blower and investigate the unethical event. If the investigation proves that it is true, it should pay secretly a bonus for the whistle blower and punish the wrong-doer. In addition, Bobby needs to take a high risk, such as breaking relationship among colleagues. The reward can be regards as compensation. Although fame and wealth cannot buy all nor do all, they are the root of many offences. People easily are induced even if they know they do wrong something. When they successfully do on first time, they will continue the action. Thus, the reward can become a tool of inducing offences. At the same time, benefits also push employeesà ¢Ã¢â€š ¬Ã¢â€ž ¢ report. Whether the des ign of reward systems is useful or useless is based on the setter. Therefore, it is too important. Group norms Group norms, another one of context-related factor, are entitiesà ¢Ã¢â€š ¬Ã¢â€ž ¢ expectations about how a great deal of members of the group should behave. They are to be a combination of training and experience and suggest what things are done, or not done. They determine how the members of the group are expected to act. Group norms evolve year by year as experience grows and circumstances change. Sometimes, the members would follow the norm and new members quickly learn what is expected. In Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s working community, it is assumption that employees have a norm that they do not pay attention each other and only concern themselves. What is more, Bobby works there for a long time. He should know the norm and does not have a hand in this event. New staff learns the norm at the beginning of employment and they should know the existing staff would comply with companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s rules, including some ethical conduct. If Bobby until obey the requirements, he should not harbor criminals as the behaviour will violate the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s norm. In this case, the two men indicated many people know the system. It reflects others accept the fact, which is norm. Thus, Bobby may be obedient the system. To conclude, group norm is also prominent for the influence of Bobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s decision making. Reference: BBUS B368 Business Issues and Ethics, Unit 1-2: OUHK Andrew Crane Dirk Matten, Business ethics (third edition): Oxford

Sunday, May 17, 2020

Globalization and It Effects on Cultural Integration the...

GLOBALIZATION AND IT EFFECTS ON CULTURAL INTEGRATION: THE CASE OF THE CZECH REPUBLIC. INTRODUCTION I. AN OVERVIEW. With the growing standards of the world and the existing concepts and complexities in political, economic and socio-cultural ideologies, man has always and continuously pondered over the aspects of his nature. Unity, equality, trade and commerce are at the forefront of mans complexities. With these thoughts in mind, man has moved through history trying to satisfy his desires in relation to others. The advent of the twenty-first century gave birth to the idea of making the world a single village, thus, globalization. Globalization is the most talk-about issues in the 21st century. However, there is the difficulty†¦show more content†¦III. OBJECTIVES OF THE STUDY. The main objective of this study is to examine globalization and its effects on cultural integration in the Czech Republic. Other objectives are to examine the effects of globalization on the economic, political and socio-cultural domains in the Czech Republic in general. To determine how globalization has contributed to the transformation of the national sovereignty to global sovereignty. It is also to examine the current rate of integration and the characteristics of the people in the cultural integration process. Furthermore, the study is intended to identify and describe the techniques in which people become culturally integrated and the number of questions being raised. It is also aimed at examining the role of government, the United Nations the World Bank, the NGOs, the Foreigners, Immigrants, in the cultural integration process. Finally, it is to examine the constraints and consequences of cultural integration, since the long-term results are leaving a legacy positively and negatively. As we move towards the third millennium, a rational planning scheme and utilization of cultures should remain the major pre-occupation of the society. IV. HYPOTHESES In order to carry out the study and achieve the stated objectives, a number of hypotheses were advanced to address the problem; i) Globalization and cultural integration form an interrelatedShow MoreRelatedThe Cause of Globalization18688 Words   |  75 PagesGarrett / CAUSES OF GLOBALIZATION COMPARATIVE POLITICAL STUDIES / August-September 2000 The most important causes of globalization differ among the three major components of international market integration: trade, multinational production, and international finance. The information technology revolution has made it very difficult for governments to control cross-border capital movements, even if they have political incentives to do so. 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Wednesday, May 6, 2020

Essay about Analysis of Article Stop Blamming Videogames

An argumentative essay titled â€Å"Stop Blaming Videogames†, from an online source argues that violent video games do not increase aggression in adolescents. The author also insists that gaming is a solitary activity and encourages social interaction by bonding online friendships. This raises many controversies over whether or not gaming should be regulated for minors. The author defends main rising arguments feuding over the fact that parents are complaining videogames are just too violent. For one to say that video games are violent one would have to conclude this from a period of evaluation on how people interact and use this technology. In contrast to parents gamers in general such as Master Chief have had a lot of positive comments to†¦show more content†¦An analogy that stood out was said by Amanda Schaffer from Slate.com â€Å"The connection between violent games and real violence is also fairly intuitive. In playing the games, kids are likely to become desensitized to gory images, which could make them less disturbing and perhaps easier to deal with in real life. When video games arent about violence, their capacity to teach can be a good thing. For patients suffering from arachnophobia, fear of flying, or post-traumatic stress disorder, therapists are beginning to use virtual realities as a desensitization tool. Desensitization i mplies that the children that view the gory content will have diminished emotional responses. In some cases adolescents that react positively toward such gory content is a sign of emotional aggression. This contradicts his argument because although this quote by Schaffer mentions how desensitization can be used to help patients by playing non-violent games the author’s argument is pertaining to violent games and why they don’t increase aggression. His only other defense to Schaffer’s argument is that there isn’t enough aspects of gaming that were induced in the test. The author follows up with explaining how his argument will always be stereotyped. That people will always take out the negative aspects of gaming and prevent the positive aspects from being

Raise or Lower Tuition

Question: Discuss about raise in Tuition Fee will increasingly Result in More Revenue, the Conditions under which Revenue Rise, fall or Remain the Same and the Things the University do to expand revenue. Answer: Raise in Tuition Fee will increasingly Result in More Revenue The universities in England, especially the public universities in England raised the annual tuition fees in England from 3000 pound to 9000 pound. The raise in the tuition fee in the beginning and on the surface meant that it is discouraging for those students who belong to the deprive class or who are coming from the poor economic background. It seemed to everyone that the country and its universities, are making education available only for those who belong to a wealthy family (Coughlan, 2016). The decision, which was regarded as a heartless decision, soon saw a vast change within four years when the number of students who have applied for the university is around 592,000. Among the number of students who have applied for the university, 22% belong to the deprived class and poor background. The raise in tuition fee structure has not only helped in bringing reform in the universities but it has also helped the poorest children in the country as well. The Conditions under which Revenue Rise, fall or Remain the Same The revenue remaining the same, rising or falling depends on the price elasticity of demand; for measuring the price demand function of the tuition fees, measuring price elasticity is necessary. The demand if it is inelastic then there will be a rise in the revenue earned by the university. The inelasticity of the demand means that if there is a 1% increase in tuition, although the enrollment of the students are less than 1%, then such a situation will help in raising the revenue earned by the university (Ashenfelter Graddy, 2016). The decrease or a fall in the revenue will occur if there is price-point elasticity (Ehrenberg, 2016). The price-point elasticity means that there will be an increase in the demand and there will be more than 1% decrease in the demand. If there is more than 1% decrease in the demand, then that will result in the fall of the revenue earned by the university. There are times when demand is inelastic and determined, that is if a 1% increase in price result in 1% increase in the total revenue then the process of reducing should be continued until the elasticity equals one. At a time when elasticity equals one, then revenue earned remains the same. The Process of Revenue at NSU The Nobody State University, gains revenue for their campus through tuition fees, but then tuition fees are only one way to generate revenue. If the revenue earned by the university is being compared with the MRP of an automobile industry, then it can be said that none of the automobiles that are being sold by the industry, follow the MSRP or rather the Manufacturer Suggested Retail Price. Various other ways are there with the help of which the automobile company or the industry generate their revenue. In the same way NSU, you could generate their own revenue, and the tuition fees are only a small part of it (Perkmann, 2016). The most important way with the help of which the university could generate revenue, is through the help of the state fund. The state funds that are being provided by the government of the state will help in increasing the revenue earned by the university. There are third party sources as well that will help in increasing the revenue of the university. The third party sources include things like donation, scholarship grants and also at times providing grants or fund for those programs that is being organized by the students. Therefore, these are the various ways with the help of which the university, could generate revenue. The Things the University do to expand revenue If the true price elasticity is (-1.2) then the university should consider reducing the tuition charges. In case of NSU there should be at least 5% decrease in the charges because if there is at least 5% decrease in the charges then should at least 6% increase in the enrollment of the student (Kutty et al. 2016). If all the other factors are remain constant, and if there is a capacity for the additional students, the number of tuitions should also be increased and if there is an increase in the number of tuitions then it will also help in increasing the revenue, or rather the total revenue earned by the university. If tuitions are raised too high then that may at times decrease the demand as well, which could affect the revenue of the university as well. Therefore, to avoid such cases there will be an increase in the tuition charges at least by one unit because if there is an increase of at least one unit price of the tuition charges then it will creates a unitary demand, which would be taken into consideration. If that is being taken into, consideration then that could result in increasing the total revenue of the university (Steigmann, 2012). The Problem being resolved The problem that is being faced by NSU could not only be solved by solving the tuitions, because the matter has been made complicated with the use of the revenue mix. Therefore, to increase the revenue that is being earned by the university, therefore it is important that only one is being controlled. Since, the problem that NSU is facing demands an increase in the revenue it is important to find, the position of NSU in the demand elasticity scale. If the position of the NSU is being found out by the university then it will help the university to take an effective decision; either to increase tuitions or to decrease warrant, if at all that is possible. It is therefore, important to have a look at the history and then come to conclusion or to a decision. If the NSU offers the students with attractive programs then the cost will not matter to them much and then they will get enroll their names in the university (Lichter, 2014). Thus, while it is true that decision making in such a situation is a complex one, it is also true at the same time that one should have a look at the history before taking a decision. References Ashenfelter, O., Graddy, K. (2016).Anatomy of the Rise and Fall of a Pricefixing Conspiracy: Auctions at Sothebys and Christies(1st ed.). Coughlan, S. (2016).Students face tuition fees rising to 9,000 - BBC News.BBC News. Retrieved 20 February 2016, from https://www.bbc.com/news/education-11677862 Ehrenberg, R. (2016).Tuition Rising: Why College Costs So Much. Retrieved 20 February 2016, from Kutty .V, S., U, S., Balagopal, D. (2016).MATHEMATICAL ECONOMICS AND ECONOMETRICS(1st ed.). Lichter, A., Peichl, A., Siegloch, S. (2014).The own-wage elasticity of labor demand. Mannheim: ZEW. Perkmann, M., Tartari, V., McKelvey, M., Autio, E., Brostrm, A. (2016).Academic engagement and commercialisation: A review of the literature on universityindustry relations.Sciencedirect.com. Retrieved 20 February 2016, from https://www.sciencedirect.com/science/article/pii/S0048733312002235 Steigmann, D. (2012). Koiters Shell Theory from the Perspective of Three-dimensional Nonlinear Elasticity.J Elast,111(1), 91-107. https://dx.doi.org/10.1007/s10659-012-9393-2 Vianello, M. (2013). Internal Constraints in Finite Elasticity: Manifolds or not.J Elast,114(2), 197-211. https://dx.doi.org/10.1007/s10659-013-9435-4