Coverting from Military to Civilian Pursuits
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This research describes an entrepreneurial venture which would exploit the talents and capabilities of former military helicopter pilots, maintenance personnel, and support techni cians. Rapidly developing political changes in Europe, which began unexpectedly in 1989, are causing even the NATO (North Atlantic Treaty Organization) alliance to consider non military roles. In the United States (US), Defense Secretary Cheney has announced sweeping cuts in the nation's governmental defense establishment (Markoff, 1990). Senior military personnel are girding for another military recession, such as that endured by the services under President Eisenhower, and the defense industry in the US, together with investors, is wondering how it will remain viable in the absence of the "Cold War." This research proceeds on an assumption that across the board man power reductions will comprise a major part of the Defense Department scale down. CONVERTING FROM MILITARY TO CIVILIAN PURSUITS Thus far, what attention has been devoted to the restruc turing of activities from a national defense to a civilian orientation has emphasized industrial operations, either at the industry or the firm level (Brunton, 1988). The general 1 2outlook for defense contractors considering such a conversion has been viewed as questionable, at best (Brunton, 1988). Perhaps the most significant problem facing defense con tractors who must convert all or a substantial portion of their out
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While competition generally results in higher efficiency in terms of cost, some disagreement exists as to whether this form of economic organization always provides an optimal use of all resources (Georgescu Roegen, 1990). In addition to seeking an optimal use of resources, there are other reasons for the selection of a form of economic organization other than compe titive enterprise. Pure public goods, such as national defense, as an example, cannot be effectively provided through 4competitive enterprise.In other instances, such as the provi sion of electrical power, the provision of an adequate supply at justifiable costs may not be able to be assured through the use of competitive enter prise. In these cases, it is possible for government, or a quasi government agency, to provide the goods and services, or they may be provided through a regulated monopoly. Both approaches are used in the United States.
Public goods are those which, because their benefits or use may not be withheld from a single person without withhold ing them from all persons, must be supplied communally. National defense, street lighting, general police protection, and scientific theory are all examples of public goods.
The definition
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Some common words found in the essay are:
United Public, South Dakota, CIVILIAN PURSUITS, Stroup Studenmund, , VENTURE Choice, Secretary Cheney, Service Corps, City Montana, Business Week, street lighting, economic organization, entrepreneurial venture, health care, air ambulance, form economic organization, care delivery, public sector, remote locations, form economic, services delivered, proposed entrepreneurial venture, street lighting provided, lighting provided private, provided private sector,
Approximate Word count = 1539
Approximate Pages = 6 (250 words per page)
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