Chapter 1 E1-4. The Role and Environment of Managerial Finance 11 Agency Costs Answer: Agency costs are the costs borne by stockholders to maintain a governance structure that ensures against dishonest acts of management‚ and gives managers the financial incentive to maximize share price. One example of agency costs is stock options‚ which are used to provide an incentive for managers to work diligently for the benefit of the firm. Tips are similar to stock options in that they
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not passed from one person to another‚ it can be the difference between life or death for the patient. It is very important that each team member knows his or her role‚ and how to communicate and work with the rest of the team. The second reason communication skills are essential is because of the vulnerability‚ privacy‚ and comfort of the patient. When patients come in with health concerns they are often anxious and scared and healthcare providers need to be able to keep them feeling safe and comfortable
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Suggest how an economist would approach the problem of alcohol abuse. Provide two (2) possible solutions to this problem. Include the four (4) elements of the economic way of thinking in your analysis. The Center for Disease Control came up with an astonishing record of how much binge drinking cost the United States each year. On average‚ excessive alcohol consumption costs $223.5 billion each year‚ mostly due to lost workplace productivity and increased health care costs. (Kliff‚ 2012) To take
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principles of communication in adult social care settings 1.1 The diffrent reasons people communicate are to tell others what there needs are for example there are hungry they need the toilet they would like something they need help to carry out a action and many more. They may like to exress or share ideas about themself or others. To obtaine or recive infomation maby about there children family or friends residence in a care home often worry about there family and when they are going to come
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The principles‚ applications and communication of teaching and learning theories In teaching cycle there are many different factors contribute to the final outcome‚ one of the factor is student learning which contributes the most to our teaching strategies. To get the best outcome‚ we have to apply the teaching strategies that suits our group profile the best‚ and in order to do that we need to know how student learn. Educational psychology is one of the principle foundations for our preparation
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Instill a Supportive Culture and Policies Top-performing hospitals have a striking degree of motivation and commitment to ensuring high-quality care and fulfilling the quality indicator mission. They are not just going through the motions or conducting Quality indicator activities because they are under outside pressure to do so. This commitment is reflected in and nurtured by active leadership and personal involvement on the part of the CEO‚ other top managers‚ and the Board of Trustees an explicit
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SEMESTER 1 (MM 100) PRINCIPLES AND PRACTICES OF MANAGEMENT SECTION A: OBJECTIVE TYPE (30 MARKS) Part One: Multiple Choices: 1. A plan is a trap laid to capture the _____ Answer: a. future 2. It is the function of employing suitable person for the enterprise Answer: b. Staffing 3. _________ means “group of activities and employees into departments” Answer: d. Departmentation 4. This theory states that authority is the power that is accepted by others Answer: a. Acceptance Theory
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Principles of safeguarding and protection in health and social care. 1.1 Define the following types of abuse: • Physical abuse involving contact intended to cause feelings of intimidation‚ injury‚ or other physical suffering or bodily harm. • Sexual abuse is the forcing of undesired sexual behaviour by one person upon another. • Emotional/psychological abuse may involve threats or actions to cause mental or physical harm; humiliation; isolation. • Financial abuse is the illegal
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Principles of Selling Exam 1 Study Guide Ch. 1-5 Contract Law/ Agency Ch. 1: Selling and Salespeople * Personal Selling- is a person to person business activity in which a salesperson uncovers and satisfies the needs of a buyer to the mutual‚ long-term benefit of both parties. * Helping a customer identify problems‚ offering information about potential solutions‚ and providing after-sale service to ensure long-term satisfaction. “Customer Centric” * Everyone sells- Presidents‚ engineers…etc
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Explain how theories and principles of learning and communication can be applied to promote teaching that is inclusive. Look at the different teaching and learning styles that are used in your own classroom and consider how they demonstrate these theories and principles of learning. Pay particular attention to communication in the classroom. Theories of Learning The three main types of learning theory that can be separated into three main schools of thought: 1. The behaviourist school
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