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The non-accelerating inflation rate of unemployment (NAIRU) [1] is a theoretical level of unemployment below which inflation would be expected to rise. [2] It was first introduced as the NIRU (non-inflationary rate of unemployment) by Franco Modigliani and Lucas Papademos in 1975, as an improvement over the "natural rate of unemployment" concept, [3] [4] [5] which was proposed earlier by ...
Clark Warburton is credited with making the first solid empirical case for the monetarist interpretation of business fluctuations in a series of papers from 1945. [ 1 ] p. 493 Within mainstream economics , the rise of monetarism started with Milton Friedman 's 1956 restatement of the quantity theory of money .
Alfred D. Chandler, Jr. - management, Pulitzer Prize for The Visible Hand: The Managerial Revolution in American Business (1977) Clayton M. Christensen; Alexander Hamilton Church - industrial management (1900s–1910s) C. West Churchman; Stewart Clegg; Ronald Coase - transaction costs, Coase theorem, theory of the firm (1950s) (Nobel Prize in 1991)
The First World War period saw a change of emphasis in economic theory away from industry-level analysis which mainly included analyzing markets to analysis at the level of the firm, as it became increasingly clear that perfect competition was no longer an adequate model of how firms behaved. Economic theory until then had focused on trying to ...
Contingency theory of leadership. In the contingency theory of leadership, the success of the leader is a function of various factors in the form of subordinate, task, and/ or group variables. The following theories stress using different styles of leadership appropriate to the needs created by different organizational situations.
making has been recognized and incorporated into other recent economic theories of obesity (John Komlos et al. 2003) and recognized for its policy implications (John G. Lynch Jr. and Gal Zauberman 2006). These studies suggest that a purely informational approach is unlikely to lessen caloric intake in one-time, immediate meal choices.
A core competency is a concept in management theory introduced by C. K. Prahalad and Gary Hamel. [1] It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace" and therefore are the foundation of companies' competitiveness. [2] Core competencies fulfill three criteria: [1]
Below are the primetime rankers for broadcast, cable and premium cable networks in 2024, among total viewers (as well as the top 50 list in adults 18-49).