BTEC Applied Science Unit 1: Efficiency Worksheet Name____________ efficiency = ( 100 %) 1 What is the efficiency of a motor that turns 100 J of electrical energy into 70 J of useful kinetic energy? Give your answer as a decimal. 2 An electric winch is used to lift a load of mass 2 kg a height of 1.5 m. It uses 50 J of energy when it does this. i) Calculate the amount of potential energy gained by the load using the formula: Ep = mgh where Ep is the potential energy
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Efficiency vs effectiveness Source: http://www.digital-knowledge.nl/dikn/en/to-develop/to-change/efficiency-versus-effectiveness.html Change is often difficult; sometimes it’s not. Sometimes it’s just a matter of looking at things differently. In our society efficiency is seen as very important‚ but should we really make efficiency that important? Perhaps by using slightly different‚ but very similar measures‚ the nett result is really different! The terms effectiveness and efficiency are related
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Nowadays‚ discussions about creativity‚ innovation and invention are often made difficult because people are unclear about the exact meanings of some key terms. They are not the same thing. To create for example a successful product or business‚ a leader needs to recognize the differences‚ and combine them in the right mix. So what is the real definition and difference between all these three wonderful concepts? Creativity is your ability to imagine new concepts. It does not require value creation
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have a success economic development. And the well organized financial system also affects the market efficiency. Eugene Fama (1960) classifieds the market efficiency into three categories: 1> Weak Form of efficiency: if current stock prices reflect all the information that from market transaction data‚ this capital market will be regard as weak efficiency. 2> Semi Strong Form of efficiency: if the current stock prices not only reflect the all the information include historical prices but
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Introduction In order to answer the question – what is artistic creativity? – I find it significant to define the words art‚ creative and creative art. The meaning of a concept of art has changed dramatically over the past century. Traditionally the term was used to refer to any skill or mastery‚ a concept which altered during the Romanic period‚ when art became to be seen as “a special faculty of the human mind to be classified with religion and science” (Gombrich 2005). Today‚ however‚ the term
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Introduction The concept of market efficiency has been a hotly debated issue in finance due to its wide ranging implications on the finance industry. The efficient market hypothesis states that market prices fully reflect the information that is publically available hence implies that there are no possibilities to attain abnormal profits (Fama 1970). Under the assumptions of an efficient market‚ new information should quickly and accurately be incorporated into the market price leaving no room
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1. In the book “Management and Creativity” (Bilton‚ 2007)‚ Wilson and Cummings define strategy as two distinctive approaches; strategy as position and strategy as process. The former‚ also referred to as strategy as orientation‚ takes a more top-down approach and is concentrated around a single leader. It attempts to establish a strategic position that will serve as a basis for differentiation‚ which is commonly seen as original and innovative. However‚ a successful implementation of the strategy
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ASSIGNMENT COVER SHEET (to be completed by the student) AIB student ID number: A121479 Student name: AARON GONZALES Course name: BBA Subject name: CREATIVITY AND INNOVATION Subject facilitator: TIMITRA WILLIAMS Teaching Centre: SITAL COLLEGE No. of pages: 11 Word count: 2073 DECLARATION I‚ the above named student‚ confirm that by submitting‚ or causing the attached assignment to be submitted‚ to AIB‚ I have not plagiarised any other person’s work in this assignment and except
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f s d gs df sdfgwsgsd gfsdfljkljgs sjgfskjflskjgsl sjflskjsjg skgsjjljdf s jskjljlsjlkjs sjfkjsdflgsenters the boiler at a pressure of 18 MPa‚ and saturated vapor enters the turbine. The condenser pressure is 6 kPa. Determine (a) the thermal efficiency. (b) the back work ratio. (c) the net work of the cycle per unit mass of water flowing‚ in kJ/kg. (d) the heat transfer from the working fluid passing through the condenser‚ in kJ per kg of steam flowing. (e) Compare the results of parts (a)–(d)
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Innovation‚ Design‚ and Creativity March 5‚ 2012 OI/361 Innovation‚ Design‚ and Creativity Innovation‚ design‚ and creativity are interdependent terms that conceptualize the meaning of implementation and the formation of unique thought. Defining innovation‚ design‚ and creativity helps to better understand the impact they have upon business development. Highlighting the business implications of innovation‚ design‚ and creativity and comparing and contrasting these
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