Concept Paper of Project Proposal in IT6: Project Management In the fast pacing world of business and technology‚ rivalries within different industries are unavoidable. In order to gain an edge over the others every organization should change as quickly as possible to stay ahead of competition and survival. With accordance to this matter‚ the proponents will conduct a study to provide solutions to the problems encountered by Company X which particularly focuses on difficulty in having
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CHENNAI: The wealth management concept is catching up fast in India with rising income levels‚ substantial share of household savings‚ growing number of high networth individuals and all kinds of exotic products available in the market for investment. Since India is in growth mode and a large number of youths are entering the job market‚ even those distributing products are slowly assuming advisory role. Lot of organised players from within and outside the country are waiting to enter the WM
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Chapter 1 Preliminary concepts Concepts Overview The important concepts discussed in Chapter 1 were: 1.1 The main objective underlying corporate financial decisions is to maximise the value of the company‚ which in turn maximises shareholder wealth. This involves the optimal use of scarce resources. Fisher’s Separation theorem formally links the concepts covered in the chapter to provide a single decision rule for a firm’s investment decisions. This decision rule is that management’s role
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to scientific management and other theories Scientific management‚ as a classical management theory is a practice that deals with the careful selection of workers‚ the training of workers and supervising of workers for support. During the early 20th century a man called Fredrick. W. Taylor (also known as the father of scientific management) by then had a mechanical engineering background very interested in efficiency‚ this lead him to start the scientific management movement. Taylor
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Analyze the differences between ethical concepts‚ principles‚ theories‚ and tradition Mizzoni (2010) explains that understanding the distinction between ethical concepts‚ principles‚ theories‚ and traditions is part of the framework that may help one answer the philosophical problem about right and wrong. These terms will be briefly described and analyzed below. Ethical concepts Ethical concepts are described as the most basic building blocks of ethics (Mizzoni‚ 2010). They are thoughts or notions—
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Assignments Requirements 1. Look up the definition of functional dependency. Can you find a good example? In relational database theory‚ a functional dependency is a constraint between two sets of attributes in a relation from a database. Cars Suppose one is designing a system to track vehicles and the capacity of their engines. Each vehicle has a unique vehicle identification number (VIN). One would write VIN → Engine Capacity because it would be inappropriate for a vehicle’s engine to have
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APPLICATION OF MICROECONOMIC CONCEPTS TO THE ECONOMY BACKGROUND Project Description: In this project‚ you will apply the theories studied in class to analyze the microeconomic forces affecting a business. Each and every data/graph/table should have the Source with it. The contents of your presentation must incorporate concepts from the course. RESEARCH OUTLINE Choose your industry and your company - Brief background of the company. Explain the circular flow diagram and concentrate on each
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PRODUCTIVITY CONCEPTS AND MEASURES Productivity is an overall measure of the ability to produce a good or service. More specifically‚ productivity is the measure of how specified resources are managed to accomplish timely objectives as stated in terms of quantity and quality. Productivity may also be defined as an index that measures output (goods and services) relative to the input (labor‚ materials‚ energy‚ etc.‚ used to produce the output). As such‚ it can be expressed as: Hence‚ there
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to action toward a desired goal; the reason for the action. General motivation is concerned with effort towards any goal‚ whereas effort towards Organizational goals reflects work-related behavior. Many contemporary authors have also defined the concept of motivation. Motivation has been defined as: the psychological process that gives behavior purpose and direction (Kreitner‚ 1995); Motivation is operationally defined as the inner force that drives individuals to accomplish personal and organizational
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Concept of Learning The concept of learning is having an understanding of how humans think. Having an understanding of how individuals think and learn‚ one will have a better understanding of the mental processes of the brain. This paper will review the concept of learning and distinguish between learning and performance. This paper will also compare and contrast the conceptual approaches to the study of learning. Defining the Concept of Learning The concept of learning can be defined as a change
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