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Download PDF When Money Was in Fashion HENRY GOLDMAN, GOLDMAN SACHS, AND THE FOUNDING OF WALL STREET JUNE BRETON FISHER
Sinopsis
Anumber of people have contributed to the creationof this book, and I owe each and everyone a vote of thanks. I am especially grateful tomy friend Dan Alef, without whose encouragement and interest I would never have started—or finished—the book; Victoria Skurnick, my wonderful agent, who gave me faith in myself and wrote such a great pitch on my behalf; my publisher and editor, Airié Stuart, whose advice transformed an assortment of rambling verbal snapshots into a meaningful portrait of an extraordinary man unknown by the public;the ever-patient Marie Ostby and Leah Carroll, for fielding unending questions about the minutiae of the publishing world; David Rotstein, who designed the wonderful jacket; and Kathleen Laman, along with Ardis Parshall, for their assistance in typing the manuscript.
Ever since my fourth-grade teacher spun tales of the pharaohs and the treasures buried with them inside the pyramids, I have harbored a wild desire to dig and discover secrets of my own. They say archeology is in your blood—my great-aunt Hetty was a famed Mesopotamiast who participated in significant excavations in Greece and Turkey in the 1920s and 30s and was the first woman fellow in the humanities department of the Institute for Advanced Study. But I never saw Egypt or the land of the Iliad until I was well into middle age, and by then my intellectual curiosity had become more focused on a subject closer to my real-time life, my grandfather Henry Goldman, the iconic, innovative co-leader of the great firm Goldman Sachs, and America’s first investment banker.
Download PDF Managing Your Money ALL-IN-ONE FOR DUMMIES by Ted Benna
Sinopsis
This book tackles a lot of big topics, but we’ve tried to keep things simple, clear, and to-the-point. We’ve culled the best, juiciest information from a good sampling of For Dummies books on personal finance and compiled them into one fat volume. It’s absolutely packed with easy-to-grasp advice on all things having to do with managing your money. Whether you’re a homemaker, truck driver, burger flipper, or CEO whether you’re interviewing for your first job or you retired ten years ago we bet you’ll find scads of great tips and sound advice in these pages that will help you get a handle on everything from your credit cards to your health insurance, from your groceries to your taxes to your will.
If it has something to do with your personal relationship to your own money, it’s a good bet we talk about it in this book. Managing Your Money All-in- One For Dummies offers money-management and personal-finance tips to help assess your true financial situation and take charge of your economic life. You’ll find information on getting the best mortgage, saving for the future (whether for college or retirement), paying off debt, scaling back on expenses, managing home and personal budgets, repairing and improving your credit rating, planning an estate, banking online, saving and investing, and protecting your money and other assets.
The facts on the ground aren’t pretty at the moment. Real wages have been stagnant or declining for nearly 40 years in America. And in the current climate of economic uncertainty, skyrocketing home foreclosures, job cuts, bank failures, and unaffordable health insurance, many people feel more powerless than ever against mighty and faceless institutions that seem designed for nothing but to confuse and rip off. We’re here to tell you: It doesn’t have to be that way. By doing a little homework and taking a renewed interest in your own situation, you can reclaim many rights and advantages you probably didn’t know you had.
Content
- Taking Charge of Your Finances
- Managing Home and Personal Finances
- Dealing with Debt
- Saving and Investing
- Protecting Your Money and Assets
- Retiring Comfortably
- Planning Your Estate and Will
Download PDF AIX® 5L Administration by Randal K. Michael
Sinopsis
In the near past, UNIX primarily inhabited the dusty halls of research institutions and universities. In these environments, UNIX was used as a programmer’s tool that could be built upon to meet the needs of the research community. It didn’t have to be easy, it just had to be low-cost and provide standard common interfaces to support research collaboration and tool building. It is the open, standards-based face of UNIX that has brought it to the forefront of the movement toward open systems.
The proliferation of low-cost RISC processors has brought UNIX onto the desktop. The open systems, open source, and right sizing movements have brought UNIX into the commercial glass house. The time has come. UNIX has gotten a haircut, put on a suit, and gone head to head with the legacy operating systems from desktop to big iron. Vendors and standards groups are scrambling to define and implement UNIX system management and administration tools to satisfy the needs of this diverse user base that are continually changing. Are they succeeding? Well, even now a common Enterprise Management “Console” does not work for everything and everybody. The first offerings in the realm of UNIX system management were just a set of commands encased in various user interfaces. Many of these tools take a good deal of heat from the traditional UNIX Systems Administrator crowd because of the new approaches and protocols being employed to manage standalone and distributed UNIX environments. Whether this is good or bad remains to be seen.
The Open Software Foundation (OSF) struggled with its Distributed Management Environment (DME) technology in late 1993, yet it never saw the light of day. Tivoli, Hewlett-Packard, and others have taken up the challenge and are now offering a robust multivendor OS and network management tools. Are they interoperable? The sales glossies and CD-ROM demos certainly indicate that not only are they interoperable, they also meet all the latest standards specifications. Remember standards? Everybody’s got one. Rather than spending a great deal of time validating the standards issue, the best use of your time is to give each product a test drive and vote with hard-earned cash. Since you are reading this book, I can safely assume there is still some work to be done regarding development of the perfect systems management tool.
Like any multiuser operating system, UNIX requires special care to ensure that resources are distributed equitably among the user base and that these resources are secured from intrusion or failure. Our job as Systems Administrators is to guarantee that these requirements are being met. How do we do it? Read on!
Content
- System Administration Tasks and Tools
- Systems and System Architecture
- System Installation and Management
- System Configuration and Customization
- Network Configuration and Customization
- Networked Filesystems
- Linux Affinity
- Distributed Services
- Managing Users and Resources
- Security
- System Recovery and Tuning
- High Availability
- Storage Area Networks and Network Attached Storage
Download PDF Accounting Information: Users and Uses
Sinopsis
In 1987, IBM was the most valuable company in the world, worth an estimated $105.8 billion. By the end of 1992, IBM had an estimated value of $28.8 billion. This decline in value can be traced to a strategic error made by IBM in the early 1980s. Prior to 1981, IBM was the major player in the computer market and was the primary provider of computers for government, universities, and businesses. At this time, believe it or not, virtually no computers were available at an affordable price for individuals.
Then, in 1981, IBM introduced its personal computer (IBM PC), and it quickly established the standard by which other PCs would be measured. However, IBM elected to leave the software development for PCs to other companies. Instead of developing its own disk operating system (DOS), IBM elected to use a DOS developed by a small company located in Seattle MICROSOFT.1
Microsoft was founded in 1975 by Bill Gates and Paul Allen.2 When they founded Microsoft, Gates and Allen envisioned that computers would eventually find their way into everyday life (contrary to IBM s prediction in the 1950s when one IBM executive forecast the total worldwide demand for computers to be about five). While IBM s performance floundered in the midand late-1980s, Microsoft demonstrated an amazing ability to become a major player in practically every aspect of the computer software market from operating systems to the Internet to networks to spreadsheets and word processors.
With Microsoft s many accomplishments comes the question: Just how successful is the company? The answer to that question depends on how you define success. Measured in terms of number of employees, Microsoft has grown from just 32 employees in 1981 when IBM elected to use Microsoft s DOS to 31,575 as of the June 30, 1999, fiscal year. In terms of social impact, Microsoft and its employees donate millions of dollars each year to such charitable causes as Special Olympics, Boys and Girls Clubs, and the United Negro College Fund. Microsoft also supports elementary and high schools throughout the country in their efforts to incorporate technology into the curriculum, and the company has established scholarship programs to encourage minorities and women to pursue careers in computer science and related technical fields. In addition, Bill Gates and his wife Melinda have started a foundation dedicated primarily to health and education. Thus far they have contributed several billion dollars to their foundation.
In terms of stock price, Microsoft s per share stock price (adjusted for stock splits) has gone from $0.17 in 1986 to over $70 in April of 2000 (see Exhibit 1-1). On virtually every dimension you can think of, Microsoft has succeeded. But most of these dimensions are a by-product of Microsoft s ability to produce products that are valued by the market. If Microsoft were unable to produce and sell quality products, the company would not be in a position to employ so many people, to give so much money to charities, to dominate (some would say monopolize) its markets, or to experience such an incredible increase in stock price. And this is where accounting enters the picture.
Download PDF Auditing FOR DUMMIES by Maire Loughran
Sinopsis
Auditing involves investigating information prepared by someone else to decide whether the information is fairly stated. All people audit to some extent in their personal lives. A simple form of personal auditing is checking your bank statement to make sure all the transactions it shows are correct. This book is about financial statement audits, which have a similar goal: checking to see whether reports prepared by managers of companies fairly present the company’s financial position.
The auditing process requires logic-based skills. You gather evidence and evaluate whether the evidence makes sense and backs up the assertions your client’s management makes on the financial statements. Based on your evaluation, you issue a report that includes your opinion about the correctness of the financial statements.
After years spent in the classroom as both a professor and student, I realize that many accounting and auditing textbooks are, well, boring. My purpose in writing this book is to breathe some life into the subject of auditing and make it more understandable.
Content
- Getting an Auditing Initiation
- Performing the Initial Auditing Steps
- Auditing How a Client Conducts Business
- Focusing on a Client’s Finances
- Completing the Audit
- The Part of Tens
Download PDF Business Law The Ethical, Global, and E-Commerce Environment FIFTEENTH EDITION by Jane P. Mallor and A. James Barnes
Sinopsis
Constitutions Constitutions, which exist at the state and federal levels, have two general functions. 1 First, they set up the structure of government for the political unit they control (a state or the federal government). This involves creating the branches and subdivisions of the government and stating the powers given and denied to each. Through its separation of powers, the U.S. Constitution establishes the Congress and gives it power to make law in certain areas, provides for a chief executive (the president) whose function is to execute or enforce the laws, and helps create a federal judiciary to interpret the laws. The U.S. Constitution also structures the relationship between the federal government and the states. In the process, it respects the principle of federalism by recognizing the states’ power to make law in certain areas. The second function of constitutions is to prevent other units of government from taking certain actions or passing certain laws. Constitutions do so mainly by prohibiting government action that restricts certain individual rights. The Bill of Rights to the U.S. Constitution is an example.
Common Law The common law (also called judgemade law or case law) is law made and applied by judges as they decide cases not governed by statutes or other types of law. Although common law exists only at the state level, both state courts and federal courts become involved in applying it. The common law originated in medieval England and developed from the decisions of judges in settling disputes. Over time, judges began to follow the decisions of other judges in similar cases, called precedents. This practice became formalized in the doctrine of stare decisis (let the decision stand). As you will see later in the chapter, stare decisis is not completely rigid in its requirement of adherence to precedent. It is fl exible enough to allow the common law to evolve to meet changing social conditions. The common law rules in force today, therefore, often differ considerably from the common law rules of earlier times. The common law came to America with the fi rst English settlers, was applied by courts during the colonial period, and continued to be applied after the Revolution and the adoption of the Constitution. It still governs many cases today. For example, the rules of tort, contract, and agency discussed in this text are mainly common law rules. In some instances, states have codified (enacted into statute) some parts of the common law. States and the federal government also have passed statutes superseding the common law in certain situations. As discussed in Chapter 9, for example, the states have established special rules for contract cases involving the sale of goods by enacting Article 2 of the Uniform Commercial Code.
Content
- The Nature of Law
- The Resolution of Private Disputes
- Business and the Constitution
- Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking
- Criminal Law and Procedure
- Intentional Torts
- Negligence and Strict Liability
- Intellectual Property and Unfair Competition
- Introduction to Contracts
- The Agreement: Offer
- The Agreement: Acceptance
- Consideration
- Reality of Consent
- Capacity to Contract
- Illegality
- Writing
- Rights of Third Parties
- Performance and Remedies
- Formation and Terms of Sales Contracts
- Product Liability
- Performance of Sales Contracts
- Remedies for Breach of Sales Contracts
- Personal Property and Bailments
- Real Property
- Landlord and Tenant
- Estates and Trusts
- Insurance Law
- Introduction to Credit and Secure Transactions
- Security Interests in Personal Property
- Bankruptcy
- Negotiable Instruments
- Negotiation and Holder in Due Course
- Liability of Parties
- Checks and Electronic Transfers
- The Agency Relationship
- Third-Party Relations of the Principal and the Agent
- Introduction to Forms of Business and Formation of Partnerships
- Operation of Partnerships and Related Forms
- Partners’ Dissociation and Partnerships’ Dissolution and Winding Up
- Limited Liability Companies, Limited Partnerships, and Limited Liability Limited Partnerships
- History and Nature of Corporations
- Organization and Financial Structure of Corporations
- Management of Corporations
- Shareholders’ Rights and Liabilities
- Securities Regulation
- Legal and Professional Responsibilities of Auditors, Consultants, and Securities Professionals
- Administrative Law
- The Federal Trade Commission Act and Consumer Protection Laws
- Antitrust: The Sherman Act
- The Clayton Act, the Robinson–Patman Act, and Antitrust Exemptions and Immunities
- Employment Law
- Environmental Regulation
Download PDF Concepts in Federal Taxation 2012 Edition by Kevin E. Murphy
Sinopsis
If you are begi nning the stud y of the fed eral income tax law and plan to become a tax attorney or accountant, why you are taki ng this cour se is obvious . But if you want to become a mana gement accountant or auditor, why should you study fed eral incom e taxation ? Don’t acco untantsrely on tax specialists to do tax research and prep are ta x returns? Better yet, why should a busi ness execu tive, an attorney, a phy sician, or a farmer ta ke a tax course? Each of them also can, and often does , have professional tax advisers to take care of his or her tax problems. The heart of the answer lies in the fact that most economic transactions have an incom e tax effect.
The income tax law influences personal decisions of individuals. The decision to buy a house instead of renting one may depend on the after-tax cost of the alternatives. Although the payment of rent reimbur ses the owner of the dwelling for mor tgage interest and property tax, a tenant cannot deduct the cost of renting a home. However, a homeowner can save income tax by deducting home mortgage interest and property tax and perhaps educe the after -tax cost of buying relative to renting.
Content
- CONCEPTUAL FOUNDATIONS OF THE TAX LAW
- GROSS INCOME
- DEDUCTIONS
- PROPERTY TRANSACTIONS
- INCOME TAX ENTITIES
- TAX RESEARCH
Download PDF Business Economics and Finance with MATLAB®, GIS, and Simulation Models by Patrick L.Anderson
Sinopsis
Many of the MATLAB program files described in this book, including script and function m-files, and Simulink models, are available online from the author or publisher. Other information about the content of the book, including corrections of any errors, may also be posted. We hope this book will be used for years. Note that Web sites tend to have short life spans, at least at the same Internet address (known as a universal resource locator or URL). Therefore, we are providing you with a set of Internet addresses to examine in the hope that several years from the publication date you can access the information prepared for readers of this book.
The author has prepared a business economics toolbox containing many of the MATLAB functions, scripts, and Simulink model files described in this book. It is the author’s intention to offer this toolbox to bona fide purchasers of this book as an additional, licensed software product. The license for the product allows purchasers of this book to download and use the toolbox free of charge subject to the conditions stated below
Content
- How to Use This Book
- Mathematical and Simulation Models in Business Economics
- MATLAB and Simulink Design Guidelines
- Importing and Reporting Your Data
- Library Functions for Business Economics
- Economic Impact Models
- Fiscal Impact Models
- Tax Revenue and Tax Policy
- Regional Economics
- Applications for Business
- Business Valuation and Damages Estimation
- Applications for Finance
- Modeling Location and Retail Sales
- Applications for Manufacturing
- Fuzzy Logic Business Applications
- Bringing Analytic Power to the Internet
- Graphics and Other Topics
Download PDF Numerical Methods in Finance and Economics A MATLAB-Based Introduction Second Edition by Paolo Brandimarte
Sinopsis
Cornnion wisdom would probably associate the ideas of numerical methods aiid number crunching to problems in science and engineering, rather than finance. This irit.uit.ive view is contradicted by the relatively large number of books and scicritific journals devoted to computational finance; even more so, hy thc fact, that, these methods are not confined to academia, but are actually usrd in real life. As a result, there has been a steady increase in the number of academic programs devoted to quantitative finance, both at Master’s and Pt1.D. level, and they usually include a course on numerical methods. Furthermore, riiany people with a quantitative or numerical analysis background have started working in finance, including engineers, mathematicians, and physicists.
Indeed, as the tern1 financial engineering may suggest, computational finance is a field where different cultures meet. Hence, a wide array of students and practitioners, with diverse background, will hopefully be interested in a book on riurrirrical methods for finance. On t,he one hand, this is good news for the author. On the other one, the first difficult task is to get evcryonc on coniriion ground as far as financial theory and the basics of numerical aiialysis are concerned; if treatment is too brief, there is a significant risk of losing a considerable subset of readers along the way; if it is too detailed, aiiot,her subset will be considerably bored. The aim of the first three chapters is t,o “synchronize” readers with a background in Finance and readers with it scient.ific background, including students in Engineering, Mathematics, and Physics. In chapter 2, we will give the second subset of readers an overview of coiicept,s in finance, with an emphasis on asset pricing and portfolio management. The first subset of readers will find a reasonably self-contained treatment on classical topics of numerical analysis in chapter 3.
Content
- Motivation
- Financial Theory
- Basics of Numerical Analysis
- Numerical Integration: Deterministic and Monte Carlo Methods
- Finite Diflerence Methods for Partial Digerential Equations
- Convex Optimization
- Option Pricing by Binomial and Thnomial Lattices
- Option Pricing by Monte Carlo Methods
- Option Pricing by Finite Diflerence Methods
- Dynamic Programming
- Linear Stochastic Programming Models with Recourse
- Non- Convex Optimization
Download PDF Six Sigma for Small Business by Greg Brue
Sinopsis
Nearly bankrupt ... and I’ve only been open three months. My name is Tom Little, and I’m a recovering Six Sigma skeptiholic. A seasoned business owner who has been around the block a few times, my career has run the gamut from top secret government research, design engineering, to C-level executive management—credentials that have carried me through countless opportunities and business scenarios. My small business adventure begins like most I guess, with barriers along the way that most of you who run small businesses know about. It ends with a lesson in humility that has become the single most important lesson of my career: You don’t know what you don’t know. My pitfall was my overconfidence, arrogance if you will, in my pedigree and ability to tackle the common problems every business is plagued with
Content
- What Is Six Sigma and Why Should I Care?
- Six Sigma, Your Business, and You
- Defining Key Business Metrics for Six Sigma
- Staffing Your Six Sigma Initiative
- Selecting Your Six Sigma Project
- Your Six Sigma Project: The Define Phase
- Your Six Sigma Project: The Measure Phase
- Your Six Sigma Project: The Analyze Phase
- Your Six Sigma Project: The Improve Phase
- Your Six Sigma Project: The Control Phase
- Sustain Your Six Sigma Gains
Download PDF Statistics for Business and Economics EIGHTH EDITION by Paul Newbold
Sinopsis
Statistics are used to predict or forecast sales of a new product, construction costs, customer-satisfaction levels, the weather, election results, university enrollment figures, grade point averages, interest rates, currencyexchange rates, and many other variables that affect our daily lives. We need to absorb and interpret substantial amounts of data. Governments, businesses, and scientific researchers spend billions of dollars collecting data. But once data are collected, what do we do with them? How do data impact decision making?
In our study of statistics we learn many tools to help us process, summarize, analyze, and interpret data for the purpose of making better decisions in an uncertain environment. Basically, an understanding of statistics will permit us to make sense of all the data.
In this chapter we introduce tables and graphs that help us gain a better understanding of data and that provide visual support for improved decision making. Reports are enhanced by the inclusion of appropriate tables and graphs, such as frequency distributions, bar charts, pie charts, Pareto diagrams, line charts, histograms, stem-and-leaf displays, or ogives. Visualization of data is important. We should always ask the following questions: What does the graph suggest about the data? What is it that we see?
Content
- CHAPTER 1 Describing Data: Graphical
- CHAPTER 2 Describing Data: Numerical
- CHAPTER 3 Probability
- CHAPTER 4 Discrete Random Variables and Probability Distributions
- CHAPTER 5 Continuous Random Variables and Probability Distributions
- CHAPTER 6 Sampling and Sampling Distributions
- CHAPTER 7 Estimation: Single Population
- CHAPTER 8 Estimation: Additional Topics
- CHAPTER 9 Hypothesis Testing: Single Population
- CHAPTER 10 Hypothesis Testing: Additional Topics
- CHAPTER 11 Simple Regression
- CHAPTER 12 Multiple Regression
- CHAPTER 13 Additional Topics in Regression Analysis
- CHAPTER 14 Analysis of Categorical Data
- CHAPTER 15 Analysis of Variance
- CHAPTER 16 Time-Series Analysis and Forecasting
- CHAPTER 17 Additional Topics in Sampling
Download PDF KRUGMAN’S ECONOMICS for AP* by Paul Krugman
Sinopsis
The annual meeting of the American Economic Association draws thousands of economists, young and old, famous and obscure. There are booksellers, business meetings, and quite a few job interviews. But mainly the economists gather to talk and listen. During the busiest times, 60 or more presentations may be taking place simultaneously, on questions that range from the future of the stock market to who does the cooking in twoearner families.
What do these people have in common? An expert on the stock market probably knows very little about the economics of housework, and vice versa. Yet an economist who wanders into the wrong seminar and ends up listening to presentations on some unfamiliar topic is nonetheless likely to hear much that is familiar. The reason is that all economic analysis is based on a set of common principles that apply to many different issues. Some of these principles involve individual choice—for economics is, first of all, about the choices that individuals make. Do you choose to work during the summer or take a backpacking trip? Do you buy a new CD or go to a movie? These decisions involve making a choice from among a limited number of alternatives limited because no one can have everything that he or she wants. Every question in economics at its most basic level involves individuals making choices.
Content
- Basic Economic Concepts
- Supply and Demand
- Measurement of Economic Performance
- National Income and Price Determination
- Financial Sector
- Inflation, Unemployment, and Stabilization Policies
- Economic Growth and Productivity
- The Open Economy: International Trade and Finance
- Behind the Demand Curve: Consumer Choice
- Behind the Supply Curve: Profit, Production, and Costs
- Market Structures: Perfect Competition and Monopoly
- Market Structures: Imperfect Competition
- Factor Markets
- Market Failure and the Role of Government
Download PDF Characteristic Based Planning with mySAP SCM™ Scenarios, Processes, and Functions by Jörg Thomas Dickersbach
Sinopsis
Content
- Motivation for Planning with Characteristics
- Characteristic Based Planning Overview
- Characteristics and Classes
- Configuration Scheme in APO
- Make-to-Order with Variant Configuration
- Make-to-Order with VC and Demand Planning
- Sales from Stock with Characteristics
- Configure-to-Order with Propagation
- Sales Order Oriented Planning
- Production Planning and Scheduling
Download PDF TRADING REGIME ANALYSIS The Probability of Volatility by Murray Gunn
Sinopsis
I started my career in the financial markets the way most people do. I went to university, earned an honours degree in economics and entered my first full-time job at the age of 22 believing that the markets obeyed the laws of macro- and microeconomics I had just spent the last four years studying. How wrong I was! I have subsequently come to realise, as I think many people do, that the financial markets do not actually behave according to the textbook laws of economics and capital market theory. In fact, my own personal belief now is that the markets can (and will!) do anything at any point of time and “prediction”, as we commonly think of it, is a totally impossible and futile exercise. However, I do not look back and think that my years studying messrs Fischer, Begg, Dornbusch, the theory of comparative advantage, the theory of purchasing power parity, the capital asset pricing model and a host of other “laws” was a complete waste of time. Not at all and I will tell you why.
Content
- There is NO Holy Grail
- The “Nature” of Markets
- Volatility Defined
- Orthodox Pattern Recognition
- Japanese Candlesticks
- Volume Considerations
- Previous Highs and Lows
- Elliott Wave Principle
- Moving Average Envelopes
- Bollinger Band Width
- The ADX
- Point and Figure Charts
- Rate of Change and Divergence
- Williams %R
- Donchian Channels
- A Nod to the Quants
- Implied Volatility Curves
- The Volatility Smile
- My Mate
- Trend-Following Performance Indicator
- Trading Regime Indicator
- An Eclectic Approach
- Applications for Traders and Investors
- Trading Regime Analysis for Economists and Fundamentalists
- Case Studies
- There is Still No Holy Grail
Download PDF Macroeconomics 19th Edition by McConnell, Brue, Flynn
Sinopsis
People’s wants are numerous and varied. Biologically, people need only air,
water, food, clothing, and shelter. But in modern societies people also desire
goods and services that provide a more comfortable or affluent standard of
living. We want bottled water, soft drinks, and fruit juices, not just water
from the creek. We want salads, burgers, and pizzas, not just berries and nuts.
We want jeans, suits, and coats, not just woven reeds. We want apartments,
condominiums, or houses, not just mud huts. And, as the saying goes, “That is
not the half of it.” We also want flat-panel TVs, Internet service, education,
homeland security, cell phones, health care, and much more.
Fortunately, society possesses
productive resources, such as labor and managerial talent, tools and machinery,
and land and mineral deposits. These resources, employed in the economic system
(or simply the economy), help us produce goods and services that satisfy many of
our economic wants. But the blunt reality is that our
economic wants far exceed the productive capacity of our scarce (limited)
resources. We are forced to make choices. This unyielding truth underlies the
definition of economics,
which is the social science concerned with how individuals, institutions, and
society make optimal (best) choices under conditions of scarcity.
Download PDF POLICE ADMINISTRATION STRUCTURES, PROCESSES, AND BEHAVIOR EIGHTH EDITION by Charles R. Swanson
Sinopsis
Studying the evolution of police administration is crucial because (1) the past is full of important lessons; (2) ignoring these lessons increases the probability that prior mistakes will be repeated and opportunities forfeited; (3) knowledge of the past breeds esprit de corps, or pride in the heritage of one’s chosen profession; (4) it instills an appreciation that each of us stands on the shoulders of the men and women who served before us with dignity, compassion, and valor; (5) there is a more complete comprehension of where and why a profession is when you know where it has been; (6) concepts in this chapter are part of the vocabulary of policing; and (7) it sets the stage for discussions in some of the chapters that follow.
Content
- The Evolution of Police Administration
- Policing Today
- Intelligence, Terrorism, and Homeland Security
- Politics and Police Administration
- Organizational Theory
- Organizational Design
- Leadership
- Planning and Decision Making
- Human Resource Management
- Organizational and Interpersonal Communication
- Labor Relations
- Financial Management
- Stress and Police Personnel
- Legal Aspects of Police Administration
- Organizational Change
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