FINANCIAL MANAGEMENT CONCEPTS FOR M.B.A II SEMESTER STUDENTS | |ABC System : a System used to categorize inventory items to ensure that the most important ones are reviewed most often. | | |Account Receivable: A balance due from a customer. | | |Aggressive Working Capital Investment Policy : A policy under which holdings of cash‚ securities‚ inventories‚ and receivables
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P1 Health and social Care Task 1: The concepts of diversity to Society 30/09/2013 Diversity has it’s advantages and disadvantages. But when it’s in the health and social contexts it’s very beneficial‚ to both service user and staff. By having a more culturally diverse and different array of service users it challenges the staff and prompts them to expand their knowledge about their patients and also their differences. Staff will have to really lean about their patients‚ their religion if they
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Socrates and Aristotle both have contrasting views of the concept of justice which serves to influence their notions of an ideal constitution. The abstract‚ speculative ideas of Socrates will be compared and contrasted with the practical‚ sensory ones of Aristotle in matters concerning justice and politics. Both Aristotle and Socrates disagree with regards to the definition of justice and what qualities are attributed to a just person. According to Aristotle‚ a just person must follow the law
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Concept of Globalization Globalization means different things to different people. The three important perspectives of globalization are as follows: • To a business executive‚ globalization refers to a strategy of crossing national boundaries through globalized production and marketing networks. • To an economist‚ globalization refers to an economic interdependence between countries covering increased trade‚ technology‚ labor‚ and capital flows. • To a political scientist‚ globalization
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ACC 3401 Audit and Professional Ethics │LECTURE 1│ Concepts of Auditing Learning Objectives After the lecture‚ students should be able to: describe the nature‚ purpose and scope of an audit; describe various basic principles and concepts of auditing and explain their importance in the actual audit procedures; and describe the professional framework within which auditors must operate. 1. Accounting vs. Auditing Accounting - the process of recording‚ classifying‚ summarizing and
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wind and water mills‚ mosques and churches. There are different ways of classifying settlements. Settlements can be classified in the following ways: 1. Rural/urban classification 2. Pattern classification 3. Function classification CONCEPT OF SETTLEMENT The study of settlement is of great importance to human geography. Man cannot do but live and settle in a geographical area. He is a social animal thus‚ he cannot live in isolation and so has settlement made up of different group of
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What is Management? Management is a worldwide phenomenon and is therefore a popular and widely applied term. Management involves all kinds of organizations‚ whether they are political‚ business‚ social or cultural because it aids and provides directions for reaching a specific goal through the efforts of the people working in an organization. Management is an activity with a definite purpose or aim. It is an activity which gives direction to the people’s endeavors for accomplishing specific set
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Concept of Leadership Leadership - what is it? Many definitions have been offered‚ cultural stereotypes abound‚ numerous programs focus on leadership development‚ but the question remains. In fact‚ leadership is many different things to different people in different circumstances. When we think of leadership‚ we often think first of famous individuals. We may think of great political leaders: Washington‚ Churchill‚ Roosevelt. We may think of the leaders of social movements: Gandhi‚ Martin Luther
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using a gate. Here the person who make a decision is called “Gatekeeper”. At first it is widely used in the field of psychology and later it occupies the field of communication. Now it’s one of the essential theories in communication studies. Concept: The Gatekeeper decides what information should move to group or individual and what information should not. Here‚ the gatekeeper are the decision makers who letting the whole social system. The gatekeeper is having its own influence like social
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Concept of Ethnicity Concept of Ethnicity is being interpreted by many school of thoughts. Ethnicity has turned out to be conspicuous in prominent and insightful thoroughly considering the most recent 50 years. In the late 1960s a couple key works fortified the development of a confusing collection of writings. Ethnicity is a fervently idea. Since it rose as a critical type of aggregate personality in the 1960s‚ it has been appropriated by a wide range of individuals for a wide range of purposes
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