Module 2 Critical Thinking 4. Evaluate the strengths and weaknesses of the Cash Payback Period‚ Discounted Cash Payback Period‚ NPV‚ IRR and MIRR capital expenditure budgeting methods. Prepare a recommendation for Stewart regarding the capital budgeting method or methods to use in evaluating the expansion alternatives. Support your answer. Capital budgeting techniques such as payback period‚ net present value (NPV)‚ internal rate of return (IRR) and modified internal rate of return (MIRR) all offer
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Outline and evaluate the working memory model The working memory model is the part of the short term memory which is governed by the ‘central executive which monitors and coordinates the operation of the store systems; Phonological loop and visuo – spatial sketchpad. The phonological loop allows sounds to be stored for brief periods. The visuo spatial sketchpad allows visual and spatial information to be stored for brief periods. The two slave systems within the WMM are completely separate and can
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Outline and Evaluate the Multi – Store Model of Memory ( 12 marks ) Information from the environment enters sensory memory‚ encoded through one of the 5 senses depending on the type of information. If attention is paid to this information it will enter short term memory ( STM )which‚ according to Miller‚ has a capacity of 7+/- 2 bits of information. It can last up to 18 seconds‚ without rehearsal‚ according to Peterson and Peterson. Baddeley found that information in STM is encoded mainly
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024.5.2 Evaluate different approaches to supporting positive behaviour. When supporting positive behaviour there is lots of different approaches‚ most practitioners find they need to draw on several of these: Reinforcing positive behaviour; this approach is well known and focusses on praising children when they have shown positive behaviour so they will be more likely to repeat this behaviour. Modelling; this approach is extremely important as children learn some of their behaviour from others
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Page 1 PTLLS 6302 Roles and Responsibilities and Relationships in Lifelong Learning‚ Task 1-4 1.2 Analyse own responsibility for promoting equality and valuing diversity According to Urdany L‚ (1991). The definition of Equality; Sameness‚ Similarity‚ Likeness‚ resemblance‚ Equivalence‚ comparability‚ and comparison. The definition of Diversity; Difference‚ Unlikeness
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Outline & Evaluate The Multi-Store Model Of Memory (12 Marks) The multi-store model of memory is widely renowned as the definitive concept of how our memory works‚ through inter-connected stores. We encode information into our sensory memory by using incoming stimuli (our five senses)‚ our sensory memory is very limited‚ allowing us to only store around 2 items‚ for as little as 1 or 2 seconds. If however‚ we pay attention to the information that has been encoded into our sensory memory‚ it then
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In this essay I will evaluate the arguments by Descartes about animals which he uses in order to verify his arguments on the immortality of the soul. In turn I will evaluate the more contemporary arguments of Peter Singer put forward mainly in his book Animal Liberation.’ The concept of animal sanctity branches as far back as one can imagine. In ancient times animals were considered to have intelligence and even a language all of their own. This was an early view on animals stemming from pre-agrarian
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Outline and evaluate the effect of anxiety on eyewitness testimony AO1 AO2 Yerkes Dodson law – states that there is an optimum level of anxiety for accurate eyewitness testimony. I.e. People who are not at all stressed‚ and people who are very stressed will be less accurate eyewitnesses that those who are under a moderate amount of stress. Loftus carried out a study of the ‘Weapon effect’. She set up two conditions of the experiment. In both conditions‚ participants heard a discussion in the
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Describe and evaluate two theories of the formation of relationships There are two theories of the formation of romantic relationships‚ which are the reward/need satisfaction theory by Byrne and Clore (1970) and the similarity theory also by Byrne and Clore with Smeaton (1986). The similarity theory promotes liking. It suggests that we are attracted to people with similar personalities and attitudes to us and that we first sort potential partners for dissimilarity avoiding those whose personality
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Evaluate the case for and against using a buffer stock scheme to stabilise the price of a commodity such as sugar or tin. A buffer stock scheme is an intervention carried out by the government which aims to limit fluctuations in the price of a commodity. It involves the government and/or local authorities buying these storage stocks and selling them back to the famer. Price stability is indicated by low inflation whereby the value of money is also stable. A buffer stock is an attempt
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