1.0 Introduction The purpose of this assignment is to discuss about the understanding of leadership and mentoring. Throughout this assignment‚ you will know the definition‚ characteristic‚ theories‚ benefit and effect of leadership and mentoring. 1.1 Leadership Leadership since the early days has been of interest of people gathering together in group to achieve goals. Leadership is defined as the action of leading a group of people or an organization and someone who have high influence towards
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College has helped many people make money and be successful‚ but is it really worth the cost? Post secondary school is a great way to excel in life and in the workplace‚ but not all people want or need to go to college. Accordingly‚ college is not worth the money because it can stress out post high school graduates‚ it can cause the students’ family to go into debt and it doesn’t help those who are undecided about a career. These reasons may cause people doubt on whether college is worth the money
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different quality material from standard; Buying materials from a non‑usual source due to urgency; Utilising different labour from standard; Price changes due to economic conditions; scarcity of supplies; Choosing to incur additional discretionary fixed costs; More (or less) overtime hours used than budgeted. 2. Efficiency/usage/quantity variances: Standard is out of date‚ set without due care; Inefficient use of material/labour‚ deliberate or otherwise; Poor supervision/equipment/maintenance.Changes in
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Microeconomics Topic 6: “Be able to explain and calculate average and marginal cost to make production decisions.” Reference: Gregory Mankiw’s Principles of Microeconomics‚ 2nd edition‚ Chapter 13. Long-Run versus Short-Run In order to understand average cost and marginal cost‚ it is first necessary to understand the distinction between the “long run” and the “short run.” Short run: a period of time during which one or more of a firm’s inputs cannot be changed. Long run: a period of time during which
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Cost Classifications and Estimation 2.0 Introduction Cost classification may be defined as ‘the arrangement of cost items in a logical sequence having regard to their nature and purpose to be fulfilled’. The term cost must be qualified when in use in order that its precise meaning is established in a particular situation; however‚ cost refers to the amount of resources that have been diverted from other uses or sacrificed so as to achieve the desired objective. But the term is used to refer to
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------------------------------------------------- A Case study of Dell supply chain management Liu Xingrui 920514-7482 tml10xlu@student.hig.se Xiao Ziye 920801-6619 tml10zxo@student.hig.se Peng Yunyi 930204-9128 tml10ypg@student.hig.se Liu Siqi 921026-9628 tml10slu@student.hig.se Date Summary Dell’s supply chain is typical paragon among the computer manufacturing industry. The advantage of supply chain lead to a rather strong marketing performance for dell than it ever had been. This paper takes an overview
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is not sure about the difference between cost accounting and a cost accounting system. Explain the difference to Joe. (b) What is an important feature of a cost accounting system? 2. (a) Distinguish between the two types of cost accounting systems. (b) May a company use both types of cost accounting systems? 3. What type of industry is likely to use a job order cost system? Give some examples. 4. What type of industry is likely to use a process cost system? Give some examples. 5. Your roommate
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Are you a leader‚ born or cultivated or both? How do you characterize your leadership traits based on the leadership profiles presented by Narayana Murthy and Rahul Khosla? Ans. For centuries there has been a debate about whether leaders must be born into their leadership capacities or whether leadership can be developed in all of us. Our beliefs about how people become leaders affect how we evaluate people’s leadership potential. Believing people are born leaders is likely to result in a focus
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Leaders and Leadership An Analysis of Kevin Rollins and his Leadership Style MBA 517 –T Outcomes This paper will discuss some elements on what makes an effective leader and how their leadership style can transform a company. This paper will specifically discuss the leadership style of Kevin Rollins‚ who was the chief executive officer of the computer giant
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For every theory there is a counter argument. What are the criticisms and arguments against Transformational Leadership? Identify the sources and clearly articulate the reasoning behind the criticisms. Adopt a position for or against Transformational Leadership and defend your position with argument Introduction This essay is based on the Transformational leadership theory and will be referred to as TL throughout this essay. This essay will look into criticisms and arguments against the theory
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