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This research paper is the culmination of three years as a Visiting Scholar at The Anderson School and reflects the author's theories based on his research, personal practical experience, principles of economics learned from the Austrian School of Economic Thought, and the writings, research and teachings of Philip Fisher, Benjamin Graham, Murray Rothbard, and Ludwig Von Mises.

The global environmental crises motivated many companies to investigate and develop the concept of environmentally sustainable business. The objective of traditional business strategy is to maximize profit but, with real imagination and a fresh approach to business strategies, environmental sustainability can actually increase both annual profit and long term shareholder value. This article analyzes several examples of such strategies, not only for companies operating in a capitalist economy, but also for companies based in countries that retain a traditional economy. These strategies are ill...

The present study aims to illuminate the way participant learning in adventure experiences intersects with broader social, cultural and institutional contexts, and was guided by the following questions: How is participant experience constructed in a facilitated, small group adventure setting? How is the construction of the adventure experience related to the intentions and orchestrations of the trainer? How is the construction of the adventure experience related to the institutional and social context in which it occurs? This study used grounded theory methodology (Strauss & Corbin, 1998) and...

For many applications, including power generation, aerospace and the automobile industry, high temperature wear provides serious difficulties where two or more surfaces move or slide relative to one another. In aerospace, for example, demands for more powerful, efficient engines operating at ever higher temperatures, mean that conventional lubrication is no longer sufficient to prevent direct contact between metallic sliding surfaces, accelerating wear. However, one high temperature phenomenon observed to reduce metallic contact, and thus wear and friction, is the formation of ‘glazes’,essen...

Since 1991, the Russian Federation has dealt with extreme political, economic, and social change. On the national level and at the local level, opponents of democratic reforms have retained their control of many important offices. This has resulted in contradictions and confusion in regards to national and local laws and policies, and has had little impact on local educational policies and practices. Added to this general crisis of Russian education reform is the inability of so-called Western education experts to comprehend the complexities and cultural differences of Russia and its educat...

The telecommunications industry has evolved into a very competitive industry since 1980. Aggressive competition is the norm in the long distance, equipment, operator services and many other segments of the industry. The remaining segment of the market without widespread meaningful competition is the “last-mile” wireline service to the customer premise. Incumbent local exchange carriers enjoy a monopoly to serve nearly all residences and most business customers, collecting over 99% of all local exchange service revenues. Using their monopoly status, incumbents have developed a cross-subsidy...

Researchers and data analysts are increasingly relying on graphical tools to assist them in modeling their data, generating their hypotheses, and gaining deeper insights on their experimentally acquired data. Recent advances in technology have made available more improved and novel modeling and analysis media that facilitate intuitive, task-driven exploratory analysis and manipulation of the displayed graphical representations. In order to utilize these emerging technologies researchers must be able to transform experimentally acquired data vectors into a visual form or secondary representat...

Several policymakers, public administrators, the media, and others have celebrated the "success" of the latest anti-poverty policy reforms. Is success a type of economic form or an assessment of the quality of one’s life? Success is often defined in some type of economic form, even though it does not always provide a true sense of the effect of policy changes. Assessing the human impact of policy change requires more. It requires knowing about the resources of beneficiaries of social services and their conditions of life from various perspectives; therefore, we must strive to understand the...

To outsource or not to outsource its internal IT department? That is the question that many firms have been asking themselves. Outsourcing has been around for more then 20 years in the different manufacturing areas. At first, companies decided to outsource the manufacturing of components in countries which would be bringing cost benefits by reducing the overall cost of their products. With the Internet gaining momentum as a quick and reliable source of information transmission, many manufacturing firms are now evaluating the possibility to outsource their IT functions in order to focus ...

This ex post facto study was used to compare community college transcripts of African American students who participated in a developmental reading course at a multi-campus, urban community college and those who declined to participate in the developmental reading program. The study examined 513 records to determine if participation in a developmental reading course in a community college improved achievement and persistence for African American college students. Results discuss the positive relationship of overall and third semester achievement to enrollment in a developmental reading cours...