differences in risk‚ and required rates of return. A standard means of expressing the cost of this capital is through a weighted average of the costs used for individual sources of capital‚ and this is typically referred to as the weighted average cost of capital (WACC). There are three components to WACC: debt‚ preferred stock and common equity. The formula used to determine the value for WACC is outlined below: WACC = (% of debt) * (after tax cost of debt) + (% of preferred stock) * (cost of
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Outline and evaluate two social psychological theories of aggression Bandura’s Social Learning Theory suggests that acts of aggression are learnt through the observation of role models. His original “Bobo Doll” study showed that when exposed to aggressive behaviour small children copied this behaviour‚ not just by being physically aggressive but even copying the verbally aggressive behaviour. However this study focuses on children who are supposed to learn in this manner‚ this doesn’t demonstrate
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cultures and Deal & Kennedy’s cultures. In your opinion‚ which is a more realistic representation of organisational culture? Justify and explain your answer. Organisational culture is a shared value belief which binds the people of an organisation together to achieve a particular objective. “In the early 1980s organisational culture became increasingly considered as both an obstacle to change and a vital ingredient of organisational success or failure” (Ian Brooks‚ 2003). Handy culture has
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finding and hiring the best-qualified candidate (from within or outside of an organization) for a job opening‚ in a timely and cost effective manner. The recruitment process includes analyzing the requirements of a job‚ attracting employees to that job‚ screening and selecting applicants‚ hiring‚ and integrating the new employee to the organization. Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the “organisation”. Recruitment is the
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pushed the limits in the media and societal culture. In modern society‚ street art is considered as vandalism‚ in comparison to the artist(s) and works shown in the film "Exit Through the Gift Shop"‚ street art is a life-style. It helps the artist convey thoughts and opinions‚ while abusing the right of staying anonymous. Exit Through the Gift Shop removes that anonymity for every artist‚ aside from one‚ Banksy‚ the filmmaker. Banksy is a notorious street artist that prefers to push the limits of
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An international organization is an organization with an international membership‚ scope‚ or presence. There are two main types:[2] International nongovernmental organizations (INGOs): non-governmental organizations (NGOs) that operate internationally. These include international non-profit organizations such as the World Organization of the Scout Movement‚ International Committee of the Red Cross and Médecins Sans Frontières. Intergovernmental organizations‚ also known as international governmental
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Abstract This paper explores the “best practices” of identifying and implementing quality philosophies within an organization. Identifying and documenting best practices serves as a learning tool for those who wish to implement and sustain value added quality processes to their organization in an efficient and effective manner‚ while also avoiding the pitfalls of processes that simply do not work. While this paper will specifically focus on the best practices of Total Quality Management (TQM); it
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Comparing relevant theories‚ principles and models of reflective practice In this evaluation I will analyse and compare relevant theories‚ principles and models of reflective practice and explain how they relate to my practice and development. Reflective practice is an evolving concept. In the 1930s‚ John Dewey defined reflective thought as: ‘Active‚ persistent‚ and careful consideration of any belief or supposed form of knowledge in the light of the grounds that support it and the further
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EXPORT PROCEDURE 1. An exporter receives an enquiry from the prospective buyers seeking information regarding price‚ quality & other terms conditions for export of goods. The exporter sends a quotation known as proforma invoice as reply. 2. If the buyer is satisfied with the export price & other terms & conditions‚ he places the order or indent for the goods. 3. After receiving the order or indent‚ the exporter undertakes an enquiry regarding the credit worthiness of importer to assess the
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No Exit‚ a play penned by existentialist Frenchman Jean-Paul Sarte details a story of three individuals locked within a room‚ symbolizing purgatory. The first character‚ Garcin‚ wants nothing more than to be assured that he truly is a man. Garcin‚ a wartime deserter who maltreated his wife and took a mistress‚ is well aware that he had not behaved the way society dictates men should‚ yet craves nothing more than to be told he is not a coward. However‚ these words must come from Estelle‚ a conventionally
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