Accounting and Finance Financial Planning (AF4324) Lecturer: Dr. Allen Ng‚ CFA E-mail: afallen@polyu.edu.hk Office: M507l Role and Purpose This is an introductory course on financial planning and a course that has been recognized by the Institute of Financial Planners of Hong Kong (IFPHK) as a substitute for Module One in its education program (i.e.‚ those who have passed this course will not be required to take Module One of the education program for Certified Financial Planners). It contributes
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Financial Management Practices Good financial management is crucial for the expansion of any business. Successfully placing finances in order means a business can work more efficiently. One of the essential challenges in health care is to manage effectively the finances of the organization. Health care is unique in the way an organization operates based on the finances. This paper will identify effective and ineffective financial management practices that can help to make a company successful
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Four Goals of Psychology Amanda K Farias 12/17/2010 Four Goals of Psychology What are the four goals of psychology? To understand the four goals of psychology‚ you must first understand that psychology is based off of its findings from scientific research and critical thinking. The four goals of psychology are to describe‚ understand‚ predict‚ and control behavior and the mental process. These goals were set to help psychologists to better understand what factors cause different types of behavior
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I am passionate that I will pass the 7th grade. To help me stay passionate I have set some academic and social goals. My academic goal for me is to maintain a 3.5 gpa or higher throughout each trimester. Also my social goal is to join many clubs such as NJHS and to make at least make more than five friends each trimester. My goals are tough‚ but I hope that I can accomplish them by the end of the school year. Every trimester I plan to have a 3.5 gpa or higher‚ but I also want to improve in writing
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Summary Both financial and non financial incentive motivators implemented with or without systematic administrations had different effects on work performance. The authors‚ Stajkovic and Luthans‚ based on their study of a manufacturing company of 7‚000 workers‚ concluded that financial incentive motivator‚ specifically pay for performance‚ had a stronger effect on work performance by increasing it by 37% than non financial incentive motivators‚ namely social recognition and performance feedback
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What is financial planning? Financial planning is the long-term process of wisely managing your finances so you can achieve your goals and dreams‚ while at the same time negotiating the financial barriers that inevitably arise in every stage of life. Remember‚ financial planning is a process‚ not a product. What are the six steps in the financial planning process? Identifying and prioritizing objectives By sharing with the financial advisor your financial goals‚ the priority in tackling them
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THE IMPORTANCE OF VISION AND GOAL SETTING AS A LEADER 1 The difference between a vision and a goal‚ one is abstract and one is concrete. Visions are essentially abstract‚ while setting a goal is more tangible. For an example of a vision‚ one would say they would like to plant a large garden that will produce a vast harvest in the spring; it will contain green beans‚ tomatoes and corn. This expresses an abstract desire for an outcome. Alternatively‚ a goal would sound like this‚ this springtime
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What is the purpose of the Millenium Development Program? The purpose of the Millennium Development Program is to identify the difficulties in each country that hinder the development of the nation and establish a set of goals to achieve in order to overcome those problems. The main purpose of the UNDP‚ with particular reference to Afghanistan includes addressing the following issues in order to achieve the MDGs. 1. Establishing effective Democratic Governance is essential to achieving the
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Goal-setting Theory and its Effective Application According to the book Organisational Behaviour on the Pacific Rim (2007)‚ motivation is the “forces within a person that affect his or her direction‚ intensity and persistence of voluntary behaviour in the workplace”. This means that compared to a non-motivated employee‚ a motivated one is willing to consistently (persistence) give more effort to their job (intensity) to achieve the desired goal or goals (direction). Today‚ motivating employees
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Question 1: My immediate goals could be defined as attending class every day‚ taking detail notes‚ asking questions‚ studying daily‚ utilizing any and all resources‚ and last but not least‚ working one on one with each one of my professors during his/her office hours to learn what their expectations are to earn a “A”. My short-term goals would be to complete all assignments on time‚ write my resume‚ get a car‚ and look for a job. My long-term goals are to graduate on time with a degree in
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