covariances when i=j‚ and ρij=1. You can calculate the portfolio variance in the spreadsheet in many different ways. The way I do it is to first calculate the variance/covariance matrix‚ σρσ whose entries are σiσjρij and σi2. To this end‚ we first construct the standard deviation (std) matrix and the correlation matrix‚ as shown in the spreadsheet. Then‚ first multiple the std matrix to the correlation matrix to obtain σρ (multiply the range of b3..g8 to the range of b10..g15). Then‚ multiple
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reasons for the companies to implement variable pay plan are: motivating employees and reducing cost. In this paper we try to point out the challenges the organizations might face when they apply variable pay system by reviewing related literature. We find that it is difficult for the company to have a reliable measure for the variable pay system. In addition‚ the focus of the variable pay plan should be on motivating employees or cutting cost and how to strike a balance between these two is also an
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4.1 Explain how groups behave differently to individuals within an organization and what characteristics they exhibit. A group is a collection of individuals who have regular contract and they interact frequently this is because they have a something in common‚ mutual influence and who work together to achieve a set of common goals. (1) Where as an individual is a person that works by him/herself to achieve their own goals. Group’s behavior refers to the situations where people interact in
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2. What does the text author mean when he calls terrorism a "pejorative" term and a "social construct?" Provide your reaction to White’s statement that terrorism is a social construct. The term Pejorative simply means a term that is loaded with a negative or derogatory meaning. (White pg. 6) When White used this term‚ I believe he was referring to the fact that when the terrorism is used it usually evokes a feeling of fear. The book explains that when people use the term terrorism they are labeling
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result of the tree. That is why Christ states the He is the vine and we are the branches. How ludicrous it is for the branch or the leave to think it can exist without the tree. I only have to look at the ground in my backyard to see results of those branches and leaves that have tried to forgo being part of the tree. Colossians encourages us to recognize our status in relation to God. We must recognize who we are and who He is and give him the premier recognition
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everything” While attitude might not really be “everything‚” in many situations it is the single most significant determining factor of success. Although some attitudes are influenced by core values‚ it is an element in producing‚ at all levels in an organization‚ a quality product or service‚ and it is greatly influenced by numerous factors. Employee attitude about product‚ about work‚ about manager and about the company will pretty well determine the quality of the work. Most attitudes are formed as person
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Describe the key structures and functions of a eukaryotic and prokaryotic cell. Eukaryotic Cell (1) There are many organelles in the eukaryotic cell micrograph above. Some of these organelles are displayed in the prokaryotic micrograph and so‚ I have described the shared organelles in the prokaryotic micrograph section. Mitochondria The mitochondria cells break down nutrients which then creates energy. They act like a digestive system. This process is called cellular respiration. The
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that investigates the impact that individuals‚ groups‚ and structure have on behavior within organizations for the purpose of applying such knowledge toward improving an organization’s effectiveness. A dense understanding of research methods will help one to give a good description of human behavior. PURPOSES OF RESEARCH Research is the systematic investigation to establish a fact. The purpose of research mainly in an organization‚ is not to predict exactly how persons will behave but to predict
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of talk about compensation‚ its cost to the organization and the company’s return on its compensation investment. As a result‚ a variety of new pay systems have been developed‚ each with its own objectives‚ benefits and risks. Some companies have already installed new pay plans‚ and many more are considering it. Strategic compensation planning allows an organization to focus on its strategic objectives and develop a comprehensive plan‚ considering base pay‚ short- and long-term incentives‚ benefits
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arise. The WTO came into being on 1 January 1995‚ and is the successor to the General Agreement on Tariffs and Trade (GATT)‚ which was created in 1947‚ and continued to operate for almost five decades as a de facto international organization. The World Trade Organization deals with the rules of trade between nations at a near-global level. It is responsible for negotiating and implementing new trade agreements‚ and is in charge of policing member countries’ adherence to all the WTO agreements‚ signed
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