This paper deals with the problem of the financial valuation of a firm and its shares of stock with general financing policies in a partial equilibrium framework. the model assumes a time-dependent discount rate and a general stochastic environment in a discrete-time setting. the fundamental...

Some parts of the long-range planning problem have been widely discussed. Other parts have received less attention. Of the relatively neglected areas, one of special importance is manpower planning. Manpower planning includes a specification of the kinds and numbers of men an organization will...

This paper attempts to coordinate at the macro level the research potential and the development capability of an organization in a competitive environment. New product ideas generate from various sources of research which are then processed (preliminary screening, market appraisal, technical...