industry against its industry competitors. Cat Inc. had a record $30.25 billion in sales and revenues in 2004‚ an increase of 33 percent over 2003. The 2004 record profit of $2.03 billion is 85 percent higher than the 2003. What Caterpillar is best in the world at making: Track-Type Tractors. Track-Type Loaders. Wheel Loaders and Integrated Tool carriers. Excavators. Trucks. Scrapers. Motor Graders. Backhoe Loaders. Paving Products.
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Interest Groups I. What is an Interest Group? II. Why do people Join Interest Groups? III. Types of Interest Groups IV. Interest Groups Incentives V. Interest Group Strategists VI. Regulating Lobbyists I. Interest Group Interest Group- An organized group of individuals having common goal and actively attempting to influence government policies. Why have interest groups been so successful in the United States? Variety of interest due to economic social cleavages among the members of the American
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What is ‘Insurable Interest in a Maritime Insurance Policy’ The term “insurable interest” refers to the benefit (or interest) a person has in an insured object (or person – as in a life insurance insurable interest). This benefit can refer to a financial benefit‚ among others. A person has insurable interest in a thing when he or she would experience some kind of loss (financial or otherwise) if the thing were to be damaged or lost. Say that you have piece of jewelry in your home that is also a
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organizational unit‚ every manager must perform some ceremonial duties as well as greet dignitaries‚ attend weddings‚ or take out customers. As figurehead of an organization managers need to take responsibility for actions of the employees such as taking blame for a mishap that may have occurred Leader Managers are responsible for the work of their respective people of their unit. They must partake in leadership roles such as motivating and encouraging employees. As a leader‚ the manager must empower their
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Question #1 | | | Jamie wants to earn $500 in interest so she’ll have enough to buy a used car. She puts $2000 into an account that earns interest. How long will she need to leave her money in the account to earn $500 in interest? | | | | Question #2 | | | A local bank is advertising that you can double your money in eight years if you invest with them. Suppose you have $1000 to invest. What interest rate is the bank offering? | | | Try These | | | | | | | |
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with a 2% interest rate‚ or in a five year certificate of deposit with and interest rate of 4.5%. Calculate how much interest you would earn with each option over five years time with continuous compounding. I’m going to do this for my checking and savings account amount Checking Account A = Ce^RT My total money in the checking account is 2100 dollars Since the formula for the continuous compounding is A=Ce^RT where C is the initial deposit or capital‚ T for time‚ R is the rate of interest and A
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Discussion on: Every Line Manager is an HR Manager Introduction “Slowly but surely‚ line managers are taking over the HR front line. Gone are the days when the first port of call for any people management query was the HR department.” – Lucy McGee (Personnel Today) This is partly because HR as a function has transformed over the past decade. Administration is often outsourced‚ legislation has become more complex‚ European Union regulations have to be understood and adhered to‚ compensation is now
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of a Good Manager verses a Bad Manager Introduction: Why do some people become good managers and others do not? The issue is that they have not developed the necessary skills and behaviors because they have not had any formal management training. Too often people are promoted into management positions but are not given the right support and development to fulfill their role adequately. A good manager has organization skills‚ people management‚ and professionalism‚ a bad manager struggles with
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Managers are responsible for ensuring that tasks are performed by people or employees in an organisation. There are three ways to understand managers. A classic way of analysing the task of management is by examining management from the point of the functions performed by managers. The second approach is to observe the roles of managers while the third is to analyse the skills required by managers. A manager is a person whose job it is to oversee one or more employees‚ divisions‚ or volunteers to
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and exports continue to rise as companies expand across the global marketplace. Understanding the basic overview of the global economy underlines highly relevant managerial and business level applications that provide useful insights to modern-day managers. In general terms‚ globalization is the international integration of intercultural ideas‚ perspectives‚ products/services‚ culture‚ and technology. This has resulted in large scale interdependence between countries‚ as specialization (arguably
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