father of “Modern Portfolio theory”‚ developed the mean-variance analysis‚ which focuses on creating portfolios of assets that minimizes the variance of returns i.e. risk‚ given a level of desired return‚ or maximizes the returns given a level of risk tolerance. This theory aids the process of portfolio construction by providing a quantitative take on it. It integrates the field of quantitative analysis with portfolio management. Mean variance analysis has found wide applications both inside and outside
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STANDARD COSTING VARIANCES Materials Actual Production X X X Vs. Standard Usage Standard Price Actual Usage Actual Production X X X Vs. Standard Usage Standard Price Actual Usage Actual Price Actual Price Total Variance Actual Production X X X Vs. Standard Price Actual Usage Actual Usage Actual Production X X X Vs. Standard Price Actual Usage Actual Usage Price Variance Actual Price Actual Price Standard Price Standard Price Actual Usage
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budgeting E-Book Basic definations i. A budget is a detailed quantitative plan for acquiring and using financial and other resources over a specified forthcoming time period. 1. The act of preparing a budget is called budgeting. 2. The use of budgets to control an organization’s activities is known as budgetary control. Difference between planning and control i. Planning involves developing objectives and preparing various budgets to achieve those objectives. ii. Control involves
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Outcome 1 1. Diversity-means acknowledging that people can be different because of their culture‚ race‚ disability. Equality-means equal rights for people regardless of what factors they might have that are different. Equality states that because they are human they must be equal/ Inclusion-is bases upon the idea of allowing everyone equal access to a service regardless of gender‚ disability‚ religions ETC. Discrimination-treating a person or group less favourably than another in the
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and how you ecome o h diff r n need eed peo l with ensory os and o y o ca help improv on you wo k ractice can help to improve on your work practices to support and empower them. Ma mpr ou ract es suppor ctic pport pow wer Many ca e roviders care providers or health professionals are not aware that hearin and vi viders ea h rofess ona r o ware ha hearing e e r vision losses osse ar more pre ale are more prevalent as a person ages‚ and that the threat to indepe reva erson ges‚ nd a th re t independence
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and family as its all private and confidential. 1/2 Relationship in health and social care setting comes in three types policy making‚ adminidtrive and the hand on staff working relationship. 2/1 Enable you to know your job role and responsibility. If you have had no training you could ask your team leader or manager to show you are ask for full training‚ so you don’t put yourself or other at risk of injury. 2/2 there are care plans in place which I read for the needs of the client and commotion
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expense. Advertising budgets are the means of determining and controlling this expense and dividing it wisely among departments‚ product lines or services. This fact sheet describes various methods of establishing an advertising budget‚ and suggests ways of applying budget amounts to get the desired outcome. If Vodafone want to increase sales‚ it is almost certain that they will need to advertise. How much should they spend? How should they allocate their advertising budget? How can they be sure
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Principles for implementing duty of care in health‚ social care or children’s and young people’s settings 1 Understand how duty of care contributes to safe practice (a) What it means to have a duty of care in one’s own work role A duty of care is a legal obligation to all Health and Social carers and professionals who have to act in the best interests of individuals and others‚ also not to act or fail to act in a way that results in harm. This duty of care can be a general implied minimum
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According to the 2013 annual report from the National Commission on Certification of PAs‚ 85.6% of certified PAs indicated they were white. Given that diversity matters to healthcare and treatment of patients‚ many minority groups still experience health disparities despite the overall improvement in the healthcare system. Being an American of Vietnamese descent‚ I want to be a part of the nation’s movement in making PA become
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People often take the glories of modern medicine for granted‚ particularly those in the United States privileged enough to have health insurance. But though we have the technology and proper medicines‚ there are still large groups of people who do not benefit from them. A health disparity is “a statistically significant difference in health indicators that persists over time” (Holtz‚ 2013‚ p.10). While humankind has achieved many scientific advances‚ adequately sharing them with the whole population
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