and only one thing – namely‚ your PROFESSIONAL GOALS. Yes‚ professional goals are important enough to warrant bold‚ underline and capitalization! What is the AdCom trying to understand by asking this question? Let me start off by saying that this question is one of the pillars on which your MBA application rests. This question helps the school understand your reasons for wanting an MBA and they use your answer to evaluate if your post MBA goals make sense and whether or not they are in tune
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My career goals on the most simplistic level is to become an Orthopedic Surgeon perhaps with a focus on Pediatrics. To achieve that goal I would have to get into and get through medical school to a residency in Orthopedics and a fellowship in Pediatric Orthopedics. In a general sense Sociology can apply to my career in understanding the differences in societies and where people came from and how to deal with the inequalities in health care. My friend wants to actually open up on office specifically
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situation where (1) the more sales that a company can generate for each dollar of resources applied in running the business‚ (2) and/or the more profit a company earns on each dollar of sales‚ (3) the greater will be the ROI. b. If we divide users of financial ratios into-short-term lenders‚ long-term lenders‚ and stockholders‚ which ratios would each group be most interested in‚ and for what reasons. The DuPont analysis system also is applied to assess ROE. ROE‚ in the context of the DuPont analysis
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407 (FINANCIAL MANAGEMENT) PRESENTED BY MUDI ABUBAKAR U09/FMS/ACC/055 Question; what are the Nature‚ objectives and scope of Financial Management According to Dr. S. N. Maheshwari‚ “Financial management is concerned with raising financial resources and their effective utilization towards achieving the organizational goals.” Nature of Financial Management Naturally‚ financial management relates the function and scope of accounting and economics. There are three main purposes of financial management
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something new every time in my life in terms of my career goal. I think‚ nursing is one of the very prestigious profession because being a nurse you can touch the life of people directly and serve the human being; serving human being is the best job in the world. In addition‚ nursing job is in high demand as well. I have a feeling that I can be a good nurse as I like serving others. There is another part of nursing job which is a financial part‚ the wage of nurse is very decent. By becoming a nurse
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Cost accounting provides measurements and analyses that can be used by managers to make decisions. In the book "The Goal‚" author Eliyahu Goldratt introduces his readers to a manufacturing plant that is struggling to turn profits. The story line follows the plant’s manager‚ Alex Rogo‚ in his journey of saving the plant after he is told the plant will close in three months unless he can increase the bottom line. After discovering serious manufacturing and costing issues‚ improving their profits‚ and
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Financial institutions are the organizations which perform the essential functions of channeling funds from those with surplus funds (suppliers of funds) to those with shortages of funds (user of funds).Financial institutions are active in today’s global markets include commercial banks‚ insurance companies credit unions‚ finance companies‚ savings and loan associations‚ saving banks‚ pension funds‚ mutual funds‚ and similar organization. Their fundamental role in the financial system is to serve
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Functionalities of Financial Intermediaries 3 Maturity Transformation 3 Risk Transformation 4 Convenience Denomination 5 Advantages of Financial Intermediaries 6 Reconciling Conflicting Preferences of Lenders and Borrowers 7 Spreading and Reducing Investment Risks 8 Economies of Scale Reduces Costs 8 Economies of Scope Reduces Cost 9 Summary and Conclusion 10 Introduction Financial markets can often be considered as the collection of all potential buyers and sellers of various types of financial products
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Bibliography: Barry‚ E. and Jamie‚ E. (2009) Financial accounting and reporting. 13th ed. Harlow: Pearson Education‚ pp. 164-254. Bayldon‚ R.‚ Woods‚ A. and Zafiris‚ N. (1984) A note on the ’pyramid ’ technique of financial ratio analysis of firms ’ performance Charles‚ H.G. (2009) Financial Reporting and Analysis: Using Financial Accounting Information. 11th ed. Masan‚ OH45040‚ USA: South-western Cengage Learning‚ pp. 177 to 297. Flex monitoring team. (2005) Financial Indicators for Critical Access Hospitals
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Phoenix Material Personal Financial Planning Worksheet Directions Based on your readings and discussions in class this week‚ answer the following multiple choice questions. The process of creating a detailed plan to meet your financial needs and prepare for the future is called developing goals personal financial planning collecting financial information personal finance Which of the following is not one of the five major steps of the financial planning process?
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