What is the company’s social responsibility? Following Milton Friedman’s state-ment that “the business of business is business”, shareholders have been playing an increasingly dominant role in business since the 1980s. Shareholders have the primary objective of maximising the financial value (F) of the company. But corporate models that adopt …
In the European Union (EU) over 250,000 public organizations spend around 2 tril-lion € annually, which is about 14% of GDP, procuring works, supplies, and ser-vices. Also, in countries outside the EU, around 12% of the GDP is spent by public organizations. This can add up to values between 5000 and 8000 € per citizen per year. Despite the considerable impact that public …
Just as plant and animal lineages are not uniformly distributed around the world, the same is true for the distribution of language families. As of 2017 the Ethnologue list includes around 50 distinct language families covering 7099 living languages, some of which, like Austronesian, have spread over a huge geographical range while others, like Amuric, have only a single living member (i.e., Ni…
As a result of World War I, Japan, the United States and Great Britain came to be referred to as the three great powers. The [former German] equatorial Pacific Islands lying between the U.S. territories of the Philippines and Guam and the U.S. mainland became mandated territories of Japan. From way back, Britain had acquired various rights and interests in China with Singapore and Hong Kong ser…
Bbad are traditional Javanese chronicles written in verse. Although there aremany babad, some dealing with a specific area (Babad Madura), or period(Babad Kartasura), or event (Babad Pacina), the ‘mother’ of all babad is the text known as the Major Babad Tanah Jawi. The latest version of it dates from 1836, althoughthe events described end around the year 1770. It describes the h…