“MAKE A DIFFERENCE” Making a difference starts with a good leadership. An accurate leader has the self-reliance to stand alone‚ the compassion to listen to the needs of others‚ and the courage to make tough decisions. A strong work ethic is one important quality of a competent leader. Hard work and intense dedication can only make you better‚ both mentally and skilfully. If others see one person working as hard as they can 100% of the time‚ they will work harder for that one person. No matter
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issue of a company buying back its shares has moved beyond the realm of abstract discussion among academicians and into the real world of corporate controversies. The endeavour should be to provide one with an overview of the concept of ‘buy-back’ of shares‚ the ensuing debate and some recommendations. Understanding the Concept In law‚ a company being a separate legal personality is capable of buying and holding property in its own name. a corollary to this privilege would be that a company could buy
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operations structures typically divide their operations into cost or profit centers. It is a management and strategic decision for companies to decide which divisions should be cost centers and which ones should be profit centers. . A cost center may actually provide services that could generate a profit if they were offered on the open market. But in most corporate environments‚ cost centers are not expected to generate a profit and operation costs are treated as overhead. Departments that are
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Chapter 4 Cost-Volume-Profit (CVP) Analysis Some things we know: The objective of every business is to make money (profit) for the owners Profit = Revenues – Expenses Revenues = Sales = Quantity sold x price per unit Expenses = the costs related to: the specific revenue (COGS) or the specific accounting period Matching Principle Role of Management is: Planning‚ control and performance measurement‚ and decision-making Decision-making relates to future
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usually do not look behind ‘the veil’ to inquire why the company was formed or who really controls it. However‚ in some situations the veil is pierced so as to render officers criminally liable for their company’s breaches of the Act. Explain clearly statutory exceptions where the court would lift the veil of incorporation. The required characteristic of a company is that it exists as a separate legal entity from its members of the company. The separate legal entity was authoritatively established
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Read the Reviews “Viable Vision: Transforming Total Sales into Net Profits is a book for anyone responsible for increasing the profitability of their business. Gerry Kendall combines the theory with real life examples of its power to transform complex problems into clear‚ common sense executables that will increase the profitability of your business. If you think the complexities restrict the future success of your business‚ then you’re about to be enlightened.” —Patrick J. Bennett‚ Executive Vice
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should start using economic profit (EVA) to better reflect the economic reality of the organization. Economic earnings underpin the decision making process‚ clarifying the economic objectives and setting up a target for value creation. The paper highlights the capability of EVA measure to fix some weaknesses of the accounting earnings perspective and proposes some reforms: • Cost of equity must be brought into the light of day as a key element for the economic profit. Shareholders need and
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The social responsibility of business is to increase profit As an individual living in a unified society‚ everyone has certain social responsibilities to play. Businesses too‚ as parts of society‚ as they utilizes the available resources like water‚ land‚ roads and power of the society and depend on the society for its functioning. This creates an obligation on the business part to look after the welfare of society that it operates in and is indebted to. It should take care of those who are involved
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Make Cents The prominent topic environmentalists have been accentuating over the years throughout our nation is the goal to save money while saving the environment. It is a win-win situation for our pockets and for Mother Nature. The types of pollution that humans create in our lifetime has forced negative long lasting effects in our world. “An average American’s carbon footprint exceeds 20 tonnes. That is 1540 tons of carbon‚ 5 times more than a Frenchman and 20 times more than a person staying
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Application: Knowing When to Make a Referral There are various factors that affect how a child responds to traumatic events. These factors can be categorized as child factors‚ environmental factors‚ and family factors. It is important that a child development professional considers them before referring a child and his or her family to infant mental health services. Child factors It is important that a child development professional providing learning‚ physical‚ social‚ and mental development services
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