Practice Questions – Working Capital Management Q.1. Spring Enterprises require 30‚000 units of input annually to sustain its production at the current level. The carrying cost is Rs 32 per unit while the ordering cost is Rs 5000 per order. The cost per unit of input is also Rs 32. Determine the EOQ for Spring Enterprises. What would be the firm’s policy of inventory acquisition if the firm’s suppliers offer quantity discount as follows: Order size (units) Discount (%) 3999
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individuals interdependently working towards a common goal. Hellriegel & Slocum (2011) further added that a group must be small enough for individual to communicate person to person with other members. Decision making is one routine task a group has to undertake. According to Nelson et al. (2012)‚ members in a group can influence and encourage one another‚ share their knowledge and expertise‚ which will produce better decision. However‚ Champoux‚ (2011) argue that group may require more time to complete
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Winslow Mrs. Bren English 12 April 21‚ 2014 There are only two laws that help protect animals from domestic abuse and one law that involves slaughter laws in the state of Minnesota. What people do not realize is that animal abuse happens in many different circumstances. Dog fighting and greyhound racing were created for the entertainment of people but are both considered as animal abuse. Circuses were created for the entertainment of families but what they do not know is that when training circus
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The purpose of the assessment is to produce a professional presentation on an aspect of professionalism in the workplace. In the tutorial in week 3 (tutorial 2) your tutor will issue a presentation topic to your team and spend some time discussing how you might approach it. The topics are: * Team Diversity Your team needs to research the topic and prepare a professional presentation to the board of directors of SOUND WAVE‚ an Australian ELECTRICAL EQUIPMENT RETAILER with 68 stores and 3‚500
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causes far more pain than the visible marks of bruises and scars. It is devastating to be abused by someone you love and thinks loves you in return.” Although societal awareness and criticism of this issue has been increased in recent years‚ spousal abuse still remains a persistent issue because of the power and control held by the abuser and also‚ the fear that the victim suffer from these situations. Historically‚ women were seen as properties and it was not too long ago that the husband was legally
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Working in Groups Difference between decision making and problem solving in a team The difference between decision making and problem solving in a team is that decision making forces a judgment to be made whether it’s the one thought of by pone member of the team or an alternative while the problem solving is a process that allows the team to think the problem through in order to access the best possible way of dealing with it with little or no repercussions. Decision making is broken down into
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1.0 Topic and Chosen aspect Drug abuse among teenagers is the chosen aspect for this report. Drug abuse is defined as the excessive use of drugs without medicine justification. It is reported that 50% of teenagers have abused a drug of some kind (Teendrugrehabs n.d.). 1.1 Critical evaluation of findings One of the main factors of drug abuse among teenagers is due to peer pressure. Based on statistics 80% of teenagers are affected by peer pressure (Wallace 2011). Wanting to be accepted by their
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Running Head: Working in Teams Name: University: Course: Tutor: Date: Introduction Trust is the confidence that a person has towards another person. It is the ability to rely on a person by accepting his/her ideas without investigating or collecting evidence. A team is a collection of people with a common goal who are united together to achieve the goals. Interpersonal relationships refer to the association between two or more people in an organization that is geared towards
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| | You | * What is your (full) name? * Can I have your name please? * Could you tell me your full name please? * What shall I call you? * How can I address you? * Does your name have any special meaning? * Is your name important to you? * Do Korean people like changing their name? Why? * Have you ever changed your name? Why or why not? * Why do so many people change their name?Do you work or study? Study * What are you studying? * What’s your major? * Why did
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All are working towards a common aim. The partnership will work over a period of time‚ all involved will agree that the partnership is necessary and have a common goal or aim to achieve. There should be trust and a loyalty between all partners. Partnerships have or should have a higher success rate in achievement over a goal‚ as not all the responsibility is on the shoulders of one individual‚ it can be spread between groups and distributed‚ spreading the challenge or work load. Working in a partnership
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