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Explain the Roles of Positive and Normative Economics in Choosing

question 83

Essay

Explain the roles of positive and normative economics in choosing between alternative policies that might be adopted in regulating public utilities.

Comprehend the role and functionality of enterprise computing in organizational networks.
Recognize the significance and characteristics of executive and operational support systems.
Appreciate the importance of software in management information systems.
Differentiate between various computing models and their business applications.

Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities; also known as shareholders' equity.

Cash Dividend

The allocation of a part of a company's profits to its shareholders, approved by the board of directors, and typically dispensed in the form of cash.

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout, representing a reinvestment of a company’s earnings.

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.

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