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By his definition, an operational administrative decision should be correct, efficient, and practical to implement with a set of coordinated means. [28] Simon recognized that a theory of administration is largely a theory of human decision making, and as such must be based on both economics and on psychology. He states:
View from the Window at Le Gras 1826 or 1827, believed to be the earliest surviving camera photograph. [1] Original (left) and colorized reoriented enhancement (right).. The history of photography began with the discovery of two critical principles: The first is camera obscura image projection; the second is the discovery that some substances are visibly altered by exposure to light. [2]
Neo-Schumpeterian economics is a school of thought that places technological innovation at the core of economic growth and transformation processes. It is inspired by the work of Joseph Schumpeter who coined the term creative destruction for the continuous introduction of technological change that drives growth by replacing old, less productive structures with new, more productive ones.
In 1976, Lucas challenged the foundations of macroeconomic theory (previously dominated by the Keynesian economics approach), [20] arguing that a macroeconomic model should be built as an aggregated version of microeconomic models while noting that aggregation in the theoretical sense may not be possible within a given model. He formulated the ...
Much of the initial theories about the advent of a fundamentally new era in which economic activity is increasingly 'abstract', i.e., disconnected from land, labour, and physical capital (machines and industrial infrastructure) and also capital in terms of fund was associated with the 'business management' literature of the 'new economy' NASDAQ bubble, which collapsed in 2001 (but slowly ...
The Felder Silverman Learning Style Model (FSLSM) is a type of learning styles based on a two-step process, where the individual first receives the information through an internal or external mean and then processes it. [32] Felder and Silverman discovered five areas that affected learning: [33] Active/Reflective; Visual/Verbal; Sensing/Intuition
From ancient history to the modern day, the clitoris has been discredited, dismissed and deleted -- and women's pleasure has often been left out of the conversation entirely. Now, an underground art movement led by artist Sophia Wallace is emerging across the globe to challenge the lies, question the myths and rewrite the rules around sex and the female body.
The learning pyramid (also known as “the cone of learning”, “the learning cone”, “the cone of retention”, “the pyramid of learning”, or “the pyramid of retention”) [1] is a group of ineffective [2] learning models and representations relating different degrees of retention induced from various types of learning.