Free enterprise

In free enterprise projects, the return on equity will probably vary from year to year so an average would have to be used. However, use of an average would consider return in later years to be as valuable as income in the first year of operation, which is not true. 

The best w ay to evaluate free enterprise projects is to use discounted cash flow (DCF) rate of return, sometimes called internal rate of return. 

The ever-increasing power of the food industry makes a mockery of free enterprise, as farmers find markets difficult to enter (Merrigan, 1997). One supermarket in America advertises itself as supermarket to the world . Farms have got bigger in America, particularly in the livestock industry, with pigs housed in lots of 3000 or more, cattle herds numbering tens of thousands and broiler units of 500 000 hens these are in danger of becoming the norm. 

Buna rubber — a challenging loan on future scientific genius Ter Meer dismissed his doubts. Buna would be a "free-enterprise (or limited) self-sufficiency," which Farben itself could create and control. 

All in all, a magnificent achievement since 1933, when Krauch and his longtime friend, Hjalmar Schacht, had begun to dream of it. But Schacht had wanted moderate expansion, because he believed an all-out synthetic economy could not yet be developed by free enterprise. Krauch s talks with Schacht had led him to get up a brochure which he had presented to the new Ministry of Economics in 1933. He called it The Four Year Plan of 1933. 

During this human error era thorough investigations of a series of dramatic accidents (Bhopal, Chernobyl, Herald of Free Enterprise), shifted attention more towards the events prior to the accidents and led to the conclusion that the causes concerned more than only technical and human factors. Turner (Turner, 1978), was one of the first to look beyond technical and human factors and concentrated on the sociological and... 

Health risk assessment. 2. Health risk assessment—Government policy—United States. 3. Health risk assessment—Economic aspects—United States. 4. Free enterprise—United States. 5. Environmental toxicology. I. Title. 

The United States of America has been for many years and still is the Number One industrial nation in the world. It reached this position because it has plentiful supplies of raw energy sources, other raw materials, skilled labor and management and the free enterprise system under which to operate. 

Lest we forget, the only way this country is going to solve its energy problems is to let the marketplace and the free enterprise system work. Get the government off our backs and let people and companies who know how to find and produce oil and gas do so and let the people and companies who know how to mine coal and uranium do so. 

The motivation for acquiring and developing more efficient energy conversion equipment and systems will be economic — whether socialized or free enterprise — responding to the rising value of fuels. 

How is the 200 billion monstrosity of world drag revenues hidden In the most important way, it is not. The flow of narcotics and dirty money is conducted in the full light of day, the same way rum-running was conducted during Prohibition. Only misdirection prevents the public from understanding who the enemy is. Massive crimes are not hidden under cover of darkness, but under the cover of an effective he. The operative lie in this case is "Free Enterprise."... 

When Sam Bronfman sold his rotgut to American mobsters, supplied by the old British distillers and financed by the old British banks, it was a matter of free enterprise what the mob did with it after it crossed the American border was of no concern to him. When Meyer Lansky made his first heroin connection with Britain s dope-trading Keswick family in Shanghai in 1920, the sale was legal and in the light of day what the mob did with the heroin later was not the responsibility of Britain s Far East traders. 

Now, when the Hongkong and Shanghai Bank "launders" the 10 billion annual flow of narcotics money through Hong Kong, is it anything but a matter of "free enterprise" where their deposits come from and their loans go When the Bronfmans in Canada... 

In fact, the chain of interlocking "free enterprise" relationships that describes the flow of chugs and dirty money in and out of the United States only masks the type of conspiracies that Americans see not in pulp thrillers, but in nightmares. We will uncover these conspiracies, the spider s web of the British... 

With cartelization came the need for more long-lasting regulation — gangland style. In the early 1930s Murder, Incorporated was formed as a regulatory commission of sorts to police any overzealous "free enterprise" advocates who might try to buck the syndicate. A special assassination bureau was set up by... 

There is no question in my mind that business and the free enterprise system are essential to making sustainability work. Our focus at Dow is on hard-wiring it into our company in the same way we have fully institutionalized environment, health and safety into our culture and into our work and people processes. Our challenge is to make sustainability sustainable. Ultimately, the world will judge our commitment to sustainability not by what we say, but by what we do. 

We believe in the inherent virtues of the American free enterprise system and will do all we can to ensure the ability of independent community pharmacists to compete in a free and fair marketplace. 

Sometimes government intervention into the affairs of business is thought to be a recent phenomenon. However, for well over 100 years, government has exercised a degree of control over how U.S. businesses conduct themselves. (Businesses in other countries do not always have to confonn to the same set of standards imposed by the U.S. government on U.S. businesses—more on that later.) Opinions on this matter can be described by the extreme positions namely, government should set and prescribe in detail the conditions under which businesses operate versus the opinion that free enterprise, of itself, is ultimately the best regulator of business practices and will eventually correct any abuses that develop in the conduct of business matters. For well over 30 years. 

In the free enterprise system, if profits are not maintained, the firm s growth might be stifled. The objective is to maximize profit on invested capital. The attractiveness of a venture is viewed by corporate officers and boards based on quantitative and qualitative measures of profitability. Although we use the term profitability loosely to measure a project s worthiness, it may not be a good measure. Drucker (1974) has said that profitability is not a perfect measurement no one has ever been able to define it, and yet it is a measurement despite all its imperfections. ... 

A man who thought free enterprise deserved more credit than Lincoln for freeing the slaves would never entrust government with the responsibility for cleaning up pollution. The chemical industry would do what it would do on its own. When outsiders sought to make it do more, it would resist. 

One is almost apologetic about approaching such an important subject in such an unsophisticated manner, but it is most important to get at the heart of the matter without delay. Profits are very important to all of us, for without the profit motive, free enterprise is dead. 

The new breed of international customers, with their sophistication and instant communication systems, will deal only with suppliers who are equally sophisticated and fast on their feet. European and Japanese competitors have practiced the fine art of doing business on a world scale for many years, and many, particularly the Japanese, are now able to offer services which cannot be matched by most American-based companies. We must find some way of providing counterpart services within our free-enterprise system if we are to compete with these companies. 

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