The four functions of management are: planning‚ organizing‚ leading‚ and controlling. Although I had not been formally taught these functions and their respective definitions until now‚ I have seen these functions in action for many years. As I reflect upon my time spent in the Navy‚ I now recognize that our military most certainly is a perfect model for exhibiting these functions just as a successful business will be. Planning is the function in which the decisions are made about the goals and
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Cost of Capital Firms need to make capital investment i.e.‚ purchasing fixed assets such as factories‚ machineries‚ equipment‚ etc. After deciding what capital investments to make‚ they need to decide on the financing – sources of capital. The sources: Long-Term Debt‚ Common Stock‚ Preferred Stock and Retained Earnings. Then they need to find the cost of obtaining each source of financing today (not historical). Cost of Capital - The rate of return that a firm must earn on its investment
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The functions of philosophy are the uses of the subject to us as individuals and as members of a society. Some contemporary thinkers called the Analytic philosophers see philosophy as a study that essentially simplifies and analyses issues and statements pertaining to other subjects in order to enable us understand them better. The functions of philosophy are explained as follows: 1.Analytical Function This has to do with the analysis and clarification of ideas‚ issues‚ and statements to
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Biology HL -Functions of the Liver Essay The liver receives its blood from two main sources; the hepatic artery and the hepatic portal vein. The hepatic artery transports oxygenated blood from the left side of the heart through the aorta to the liver. The deoxygenated blood from the liver is drained back out through the hepatic vein which returns it to the vena cava. The hepatic portal vein carries nutrient rich blood from the small intestine to the liver. Its blood however
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Capital Punishment Many positions can be defended when debating the issue of capital punishment. In Jonathan Glover’s essay "Executions‚" he maintains that there are three views that a person may have in regard to capital punishment: the retributivist‚ the absolutist‚ and the utilitarian. Although Glover recognizes that both statistical and intuitive evidence cannot validate the benefits of capital punishment‚ he can be considered a utilitarian because he believes that social usefulness is
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financial risks is the debt to total capitalization ratio. This ratio measures the portion of a company’s total capital structure that is financed by debts. The ratio is calculated as: According to the balance sheet dated May 31‚ 2014‚ Nike had a total debt of $1.373 billion‚ and total shareholders’ equity of $10.824 billion. Computing these numbers gives a debt to total capital ratio of 11.26%. The balance sheet of Nike shows that there is no preferred stock offered by the company but
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Cognitive Function and the Brain The brain has a major role in the area of cognition. Everything from emotion‚ problem solving‚ language‚ the way we process and categorize memories‚ and how we learn all stem from the functioning of the brain. This paper will discuss the role of the brain in cognitive functions and describe the impact that Phineas Gage’s accident had on revealing the brain’s role in cognitive function. Anatomy of the Brain Cognitive functions derive from the area of the brain
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describe management in terms of its four functions. These functions are identified as planning‚ organizing‚ leading‚ and controlling. How well managers perform these key functions determines whether a business is successful. Planning‚ in its simplest form‚ is establishing organizational goals and objectives and deciding how to accomplish them. It is the primary function‚ often referred as the "first" management function because all the management functions depend on planning. Managers engage in planning
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"What is a working capital policy and why is it needed?" Working capital is a “measure of a company’s efficiency and its short term financial health” (Ivestopedia‚ 2008). To calculate a company’s working capital subtract its current liability from its current assets. Current assets include cash‚ accounts receivable‚ and inventory on hand. “Working Capital gives investors an idea of a company’s underlying operational efficiency” (Investopedia‚ 2008). A positive working capital ensures that a company
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The Abolition of capital punishment. Capital punishment or the death penalty has been used by nearly all societies for centuries. Capital punishment is where someone who has committed a crime deemed worthy of death is executed. However no crime is worthy of death. One of the biggest reasons the death sentence should be abolished is because it is irreversible which means that when someone is executed they cannot simply be unexecuted. This inevitably means innocent lives will be lost. An example of
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