Primary objective: Maximise shareholder wealth. Shareholder wealth is maximised by dividend payments and a capital gain through higher share price. Secondary objectives: Meet financial targets (e.g. satisfactory ROCE) Meet productivity targets Establish brands and quality standards Establish effective communication with customers‚ suppliers‚ employees. Why is Maximising Shareholder Wealth the Main Objective? 1. Wealth Maximisation Considers Cash Flows Shareholders of a company can realize
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In a healthcare organization like any other organization‚ good leadership is important and critical for the organization success. Five most important leadership qualities in healthcare are Conviction‚ visionary‚ possessing emotional intelligence‚ decision making‚ and critical thinking. 1. Exceptional leaders are strongly driven by their personal convictions‚ which may include religious beliefs‚ deeply held connections to a community‚ or a fundamental sense of morality.1 The kind of leader with personal
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The concept I found most important from module five was Emotional Flexibility. Emotional Flexibility is the most important to me because it is the concept I need to improvement the most on. I witnessed the implications of not applying Emotional Flexibility when I was a newly promoted SSgt. I was the primary point of contact for managing our flights monthly award program. I was pleased with the results of my efforts but my Superintendent didn’t feel quite the same. He ordered me to immediately
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The speed of light (meaning speed of light in vacuum)‚ usually denoted by c‚ is a physical constant important in many areas of physics. Its value is 299‚792‚458 metres per second‚ a figure that is exact since the length of the metre is defined from this constant and the international standard for time.[2] This speed is approximately 186‚282 miles per second. It is the maximum speed at which all energy‚ matter‚ and information in the universe can travel. It is the speed of all massless particles and
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as someone waits for them in their respective homes - a mother or a sister or a wife or a child. It is very common scene in small cars that most of the drivers try to light a cigarette while driving at 120 to 140 kilometers per hour. At this speed controlling a steering wheel or balancing a car is not only risky but also dangerous. Another important reason is use of mobiles while driving. It is again very dangerous not only for the drivers but also to the passengers as well. A fraction
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the brake pads against a rotor. Breaking harder increases the magnitude of the normal force‚ which results in the increase of the force of friction acting on the rotor. Given that the rotor is attached to the steering wheel‚ as the rotor reduces its speed so does the wheel. With disc brakes on cars‚ the brake can prevent the wheel from turning lot faster than the friction from the road can stop the car from moving. This can cause the wheels to lock‚ sending the vehicle into an uncontrollable skid. Wheel
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approximately matching number. There are many speed dating events now in the United Kingdom‚ Canada‚ and the United States. Many of these simply specify an age range for ladies and gentlemen; sometimes a slightly older range is specified for men. On the other hand‚ many organizers offer niche events such as nights for graduates only‚ gays and lesbians‚ older men with younger women and vice versa‚ book lovers‚ ethnic events‚ and religious affiliation such as Christian speed
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HUMAN BEHAVIOR IN ORGANIZATION 1. Conflict is the struggle that arises when the goal-directed behavior of another person or group. Whether conflict benefits or harms an organization depends on how it is managed. There are four basic types of conflict and combination of these that can arise in an organization. 1. Issue conflict -is usually a disagreement between two or more groups arising from differences in organizational viewpoint. 2. Intrapersonal - conflict between two individuals
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An important theory used in nursing practice is health-related quality of life. Each individual has a different idea of what might be considered a “good” quality of life‚ and this individual opinion needs to be taken into account when planning care for patients throughout their lifetime. One of the most important times in which this theory can be applied is when planning end of life care. Each patient needs to decide for themselves what they want in their final weeks‚ days‚ and hours‚ and healthcare
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relationship and importance of both leaders and followers. The one concept I found most important in this module was the 5 essential qualities of effective followership—specifically that of self-management. It is imperative that leaders today know when and how to first be followers‚ and the one quality I know that I need to work on is knowing when it is time to lead and when it is time to embrace humility and be a follower. To begin with‚ NCOA Course 15 defines the 5 essential qualities of effective
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