BOUNDARY LAYER THEORY INTRODUCTION The concept of boundary layer was 1st introduced by L.Prandtl in 1904. Figure 7-1. Viscous flow around airfoil A structure having a shape that provides lift‚ propulsion‚ stability‚ or directional control in a flying object. Boundary layer is formed whenever there is a relative motion between the boundary and the fluid. Boundary layer thickness: 1. Standard thickness - signified by ‚” it is define as the distance from the boundary layer
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commonly referred to as Corporate Social Responsibility – CSR (Crane‚ A.‚ Matten‚ D.‚ Spence‚ L. 2008). As Carroll (1979‚ cited in Carroll‚ 1991) states that‚ CSR included the idea that the corporation has not only economic and legal obligations‚ but ethical and discretionary (philanthropic) responsibilities as well. However‚ the definitions of the term CSR may depend on individual perceptions of responsibility that in turn relate to the bigger picture defining the role of the organisation in society
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Fair-mindedness is the human tendency to reason in a self-serving or self-deluded manner. UNDERSTANDING ETHICAL REASONING: Ethical principles are not a matter of subjective preference. All reasonable people are obligated to respect clear-cut ethical concepts and principles. To reason well through ethical issues‚ we must know how to apply ethical concepts and principles reasonably to those issues. Ethical concepts and principles should be distinguished from the norms and taboos of society and peer group
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Stakeholders of Tesco Shareholders A shareholder is Any person‚ company or other institution that owns at least one share of a company’s stock. Shareholders are a company’s owners. The shareholders are known to be the most important stakeholders in Tesco as the have invested money and time into the growth of the business. The shareholders interest in Tesco is to see their share of profit increasing ( High dividend) and the value of the business increasing. Customers A customer is An individual
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these lines are addressed to the Duke. What do they suggest about women status in this play? What other evidence can you find to support your view? Measure for Measure is a play written by William Shakespeare in the seventeenth century which crucially presents the role of women. Women were viewed as pure and were not expected to be promiscuous‚ but dependent on men with few options or choices. Shakespeare’s interpretation of women in Measure for Measure very much reflects society’s opinion of
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The Role of Stakeholders October 2000 Olivier Frémond The recent history of the stakeholder debate has highlighted the perceived rivalry between the shareholder model versus the stakeholder model: •Shareholder model - the purpose of the corporation is to promote shareholder value •Stakeholder model - the purpose of the corporation is to serve a wider range of interests 1 The role of stakeholders Good corporate governance helps… to ensure Good that corporations take into account
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Stakeholder analysis P2‚ M1 and D1 For this task I will be looking at two organisations and will be looking at who their stakeholders are and how much influence they have and also what they want from the company. A stakeholder is someone who holds and interest in the company. The two organisations I will be looking at are Tesco and Macmillan. Tesco are a one of the largest retailer stores in the world. They have expanded massively and now in England there are now over 3300 stores in the UK alone
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Wellbeing Agenda This agenda focuses on everybody’s happiness as well as yours. The plan is to help and improve other people’s lives‚ but not in detriment of your own happiness. You have placed limits on how far to attend to other people’s matter while thinking on your own wellbeing. This agenda is birthed and developed through deception‚ betrayal and mockery. You decide to continue‚ as a Good Samaritan regardless of past experience with more caution considering and evaluating in what extent you
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P2: Describe the different stakeholders who influence the purpose of two contrasting businesses. What are stake-holders? Stake-holders are any individuals‚ organizations and companies’s interested in the business section and are affected by the business activities. Internal stake-holders are groups within the business; On the other hand‚ External stake-holders are those outside the business‚ for example‚ the community. Internal stake-holders consist of: Owners: Interested in making profit and
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Lives on the Boundary Mike Rose’s Lives on the Boundary is an Educational Autobiography. The book begins at the beginning of his life and we follow him up into his adult years. The book focuses on the "struggles and achievements of America’s educationally underprepared" . The Alien In order to understand Mike Rose‚ and his book Lives on the Boundary‚ you must first understand where Mike is coming from and examine his past. Mike was born to a first generation immigrant family‚ originally from Italy
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