The starting point of our analysis is the model of Berk and Green (BG), who characterize the competitive provision of capital to mutual funds. In their model, investors learn about managerial ability from past returns and demand shares of all funds with positive expected risk-adjusted...
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Keywords: The Founder, Ray Kroc, McDonald's Corporation, Business ethics, Franchising, Leadership, Entrepreneurship, Success strategies What life and business lessons did you learn from the movie ‘The Founder?’ McDonalds revolutionalized the restaurant business. It was extraordinary, unique and original. Rated as the most successful fast food...
Introduction Motivation Motivation means the procedure by which an individual's endeavours are empowered, coordinated, and supported toward accomplishing a goal. The given definition has three key components: vitality, course, and persistence. Vitality The vitality component is a proportion of power of the drive. An inspired...
All children can benefit from studying and developing strong skills in mathematics. Primarily, learning mathematics improves problem-solving skills, and working through problems can teach persistence and perseverance. Mathematics is essential in daily life for such activities as counting, cooking, managing money, and building things. Beyond...
Purpose In the article “Grit: Perseverance and Passion for Long-Term Goals” by Angela Duckworth et al, the main finding across six studies after the authors of this article tested is to find whether if “grit” is a better quality for success than other individual characteristics....
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One problem our society lives with is the rigid mindset we have, believing that achievement lays in innate talent and ending up neglecting the real reasons why people achieve success: long-term perseverance and passion. GRIT by Angela Duckworth is a book which talks about these...
The actions and choices of characters in Wuthering Heights are often an attempt to raise their social status. This is clear in Catherine’s reason for marrying Edgar Linton instead of Heathcliff, and the sense of revenge that overtakes Heathcliff in his adult life when he...