... rooms over the year Changes in the scope of consolidation, which reduced reported revenue by €285 million or 5.1%, as a result ofthe asset disposal strategy and the €76-million impact ofthe Lenôtre ... over the year 2012: Another year of record development Accor opened 38,085 rooms in 2012, of which 85% under management or franchise agreements This performance was led by the combination of: The ... primarily as a result of gains in the Australian dollar and the British pound against the euro At constant scope of consolidation and exchange rates, the increase was 2.5% for the quarter Upscale...
... the fair valueofthe consideration given to acquire them at the time of their acquisition Liabilities are recorded at the fair valueofthe consideration received in exchange for incurring the ... a confrontation of, on the one hand, the implied understanding ofthe economics ofthebusiness firm; and on the other hand, the concepts of asset and liability that belong to the respective accounting ... consequences for the representation ofthe economics ofthebusiness firm are material In particular: Estimates of current values of assets inflate the accounting representation ofthebusiness capitals;...
... a profit after the sales transaction TheBusiness Enterprise Profit Principle of Wealth Production The profits ofthebusiness are the motivation for the formation ofbusiness enterprises The ... period of time If the results are positive, thebusiness had a profit If they are negative, thebusiness had a loss The first line ofthe income statement shows the total sales ofthebusiness ... borrowed money The liabilities in the balance sheet show the part ofthebusiness that is owed The Human Capital oftheBusiness Enterprise The balance sheet ofthebusiness enterprise lists the physical...
... forgotten the questions The theory ofthebusiness becomes “culture.” But culture is no substitute for discipline, and the theory ofthebusiness is a discipline The theory ofthebusiness has ... questioned their customers constantly, studied them, surveyed them But they paid no attention to the 70% ofthe market who were not their customers They saw no reason why they should Their theory ofthe ... weaknesses These assumptions are about what a company gets paid for They are what I call a company’s theory ofthebusiness Every organization, whether a business or not, has a theory ofthe business...
... clarify the vocation ofthe Christian businessperson and the role of a true business leader In contribution to the common good:20 As the Compendium ofthe Social Doctrine ofthe Church puts it: “Businesses ... charity, contributes to the building ofthe universal city of God, which is the goal ofthe history ofthe human family”.62 When the Gospel informs the “new things” which thebusiness leader faces ... free, and social 12 ~ THE VOCATION OFTHEBUSINESS LEADER Businesses also support the well-being of members of society through their other key functions At the very least, a good business carefully...
... results The effect ofthe timing ofthe birth in the year and thebusiness cycle around the birth year The first column of Table presents estimates ofthe PH model where the transitory component of ... changes with the cyclical indicator ofthebusiness cycle at birth Their data are from the Netherlands and contain the social class ofthe parents at the moment of birth They conclude that there are ... light on these by studying the importance ofthe timing ofthe macro fluctuations around the year of birth and by interacting the effects with regional indicators and the degree of urbanization The...
... change of P m (t) (and therefore ofthe temperature) is determined by its value at the past (future), if t> (t< 0) Based on the principle of causality, the future cannot determine the past, and therefore ... carried out the mathematical calculations, participated in the interpretations ofthe results and drafted the manuscript JJAG conceived ofthe study, participated in the analysis ofthe results ... the difference ofthe time delays t = tq-tT These studies have pointed out that the usefulness ofthe Cattaneo-Vernotte and DPL exact models is limited In this study, by means ofthe method of...
... where the comparison ofthe spatial-temporal correlation properties of both types of models was not based on the same set of parameters This leaves us a doubt whether the difference ofthe spatial-temporal ... the line -of- sight (LOS) AoD direction between the BS and MS with respect to the broadside ofthe BS array, θMS is the angle between the BS-MS LOS and the MS broadside, δn,AoD and δn,AoA are the ... antenna, du is the distance in meters from MS antenna element u to the reference (u = 1) antenna, Φn,m is the phase ofthe mth subpath ofthe nth path, and v is the magnitude ofthe MS velocity...
... According to the author, the proof ofthe latter result is based on a combinatorial topology argument concerning the notion of degree theory To the contrary, a rather elementary proof of our next ... 244 The aftermath ofthe intermediate value theorem We begin with a result for the Euclidean finite-dimensional space Rn , where the symbol ·, · represents the corresponding Euclidean ... nonconvex domain We first prove a restrictive case ofthe theorem, which is vital for the proof of this result In addition, we improve Theorem of Morales [20] Raul Fierro et al 247 Proposition...
... and methods ofthebusiness world and also in the relative importance ofthe functions ofthebusiness man in the community, that the distinctions which have hitherto set apart the professional ... view either of morality on the one hand or ofthe function ofbusiness life on the other His definition of morality in business would demand something very different from the mere avoidance of certain ... none the less, that there clearly belongs to this great calling a series of duties of a public nature, some of them imposed by the laws ofthe land, and others inherent in the very nature of the...
... matter what the line ofbusiness Because there have been elements of chance observed in the records of mining, this business appeals to the speculative side of our human natures, with the result ... there are other pertinent questions arising Does the practice of mining cover the treatment ofthe excavated products? Here we run across a mooted point The British and the American uses ofthe ... would say that mining is, in a broad sense, the art or practice of excavating, at a profit, the ores of metals, the beds of coal, the gravels of placers and the deposits containing precious stones...
... matter what the line ofbusiness Because there have been elements of chance observed in the records of mining, this business appeals to the speculative side of our human natures, with the result ... there are other pertinent questions arising Does the practice of mining cover the treatment ofthe excavated products? Here we run across a mooted point The British and the American uses ofthe ... would say that mining is, in a broad sense, the art or practice of excavating, at a profit, the ores of metals, the beds of coal, the gravels of placers and the deposits containing precious stones...
... Arthritis Research & Therapy Vol 11 No Mahler and Fritzler Comments on the report of Hanke and colleagues Hanke and colleagues are the first to report the use of a novel LIA for the simultaneous ... incremental clinical value to the diagnosis and management of SSc patients Comparison with other methods: quality of PM/Scl-100 For reasons described above and in the closing below, the authors’ conclusion ... multiple clinical associations (especially the presence or absence of myositis) are needed for a consensus ofthe clinical valueof PM/Scl, and especially of PM/Scl-75c, aabs Competing interests...
... sampling The effects ofthe assumptions about the number of loci and the distribution ofthe size of their effects are studied, extending the results previously reported by Pong-Wong et al !24! The ... varying in the assumptions about the distribution of gene effects and the number of loci taken in the model of analysis These variations in assumptions were the following i) The distribution ofthe ... locus, the parameter defining the distribution ofthe gene effects, the genotype probability for each individual at all the loci and their allele frequencies In the model of analysis, the number of...
... for the 0.31 cutoff (91%), as was the negative predictive value for excluding significant activity at the 0.36 cutoff of AT (85% negative predictive value) The positive predictive valueofthe ... for the intermediate stages of fibrosis Contrary to the initial hypothesis, the diagnostic values of FT-AT for consecutive stages of fibrosis and grades of necroinflammatory activity were the ... systems (lower panel) the diagnostic values of FT-AT was summarized using the cutoffs ofthe distribution by stages and grades (Tables and 4) The negative predictive valueof FT for excluding significant...
... various values ofthe onsite Coulomb repulsion U and the crossing hopping parameter t′ , it turns out that the weights ofthe Hubbard bands are still the same, implying that for large valueof U the ... bands The reduction ofthe gap implies that the critical correlation-driven metal-insulator transition Uc ofthe frustrated model is larger than that ofthe unfrustrated one Figure shows the imaginary ... real part ofthe self-energy for the strongly frustrated model t′ = with different values of U as chosen in Fig At Fermi energy, in the insulating regime U > UC , the imaginary part ofthe self-energy...
... for most ofthe companies in the dataset, this study first uses the number of employees as a proxy for the labor input The total labor cost can be thought of as a product ofthe number of employees ... Basically these tests are a series of F-tests of a group of linear restrictions that some of or all the 26 regression coefficients are the same between two subsets ofthe data The Fstatistics and the ... companies By contrast, due to the very nature of their business, most ofthe processes and delivery mechanisms of digital dot coms are implemented online Further, the ability of a digital dot com to...