codes and safety purpose. Building codes act an important role in construction and design phase. In the past‚ most building codes and standards have used prescriptive (or compliance) criteria. In recent years‚ there has been strong interest worldwide in developing codes and standards that are more performance based ( Foliente‚ 2000). The purpose of building codes are to increase safety in the design of the project and its construction. For example‚ according to the 2010 California Building Code‚ the
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HISTORY OF MC DONALD Dick and Mac Mcdonald were two brothers who started the McDonald’s brand in California after moving their hotdog stand to San Bernadino from Monrovia Airport. After realizing that hamburgers were their most popular product‚ the brothers reinvented their restaurant using their Speedee Service System in 1948. It was a concept that created a production line of hamburgers that were made before being ordered. This concept pioneered the fast food industry and was in complete contrast
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Portfolio construction models The project that we have done based on the Markowitz and Sharp methodologies that allow investors to build an efficient portfolio. An efficient portfolio is defined as the portfolio that maximizes the expected return for a given amount of risk (standard deviation)‚ or the portfolio that minimizes the risk subject to a given expected return. Markowitz method determines the asset allocation that produces the highest expected return for each unit of risk. The calculation
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Race is a social construct and not a natural phenomenon. Social Construct is the perception of an individual‚ group‚ or idea that is “constructed” through cultural or social practice such as discrimination against media and minorities. People in society are judgmental against others they approve or disapprove of in society. Social Construct against Black minorities vs. White has impacted racial tensions throughout world history. For many years we have thought of African- Americans as
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society; belonging in the same category as family‚ economy‚ media‚ politics‚ education‚ and religion (Donnelly‚ 1996). Like many of the aforementioned spheres of our lives‚ sport is a social construction‚ providing a window into the sociocultural context of which we live (Allport‚ 1985). Being a “social construction” we must attempt to understand sport by approaching it as a social fact‚ therefore sociologically‚ as opposed to how we would with objects or events in the biophysical world – through science
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Human Relations DOI: 10.1177/0018726705061314 Volume 58(11): 1467–1494 Copyright © 2005 The Tavistock Institute ® SAGE Publications London‚Thousand Oaks CA‚ New Delhi www.sagepublications.com Problems‚ problems‚ problems:The social construction of ‘leadership’ Keith Grint The invasion of Iraq was premised upon accounts of the situation that have proved unsustainable‚ but that has not generated a change in the strategy of the coalition forces. Conventional contingency accounts of leadership suggest
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Freedom is a very broad term and it is subject to many different interpretations‚ such as the example given by Jean-Jacques Rousseau on his book The Social Construct. He stated that “Man is born free‚ and everywhere he is in chains”‚ implying that no individual is truly free. He believes that people have the right to be free but are not able to be for they are enslaved to the societies that they belong in. Though this may sound a bit negative‚ Rosseau talks about when it is proper to do such a
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COMPETITION INDIVIDUAL ASSIGNMENT INDONESIAN CONSTRUCTION BUSINESS GOES OVERSEAS A Journey to become International Construction Player By : MAHENDRA VIJAYA 1240002095 MM Executive Batch 16 BINUS BUSSINES SCHOOL CHAPTER I BACKGROUND : As Indonesian Largest Construction Copany‚ PT Wijaya Karya (Persero) Tbk. (WIKA) has Vision and Mission to be One of the Leading EPC (Engineering‚ Procurement and Construction) and Investment Company in Southeast Asia‚ which is in one of the mission
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Financial Risks in Construction Discuss financial risks in construction‚ highlighting historical background‚ current issues/practices and implications/relevance to construction project management generally and specifically to construction project planning and control‚ feasibility study and appraisal‚ and financing. 1.0 Definitions i. The Project Management Institute‟s (PMI) A Guide to the Project Management Body of Knowledge (PMI 2008) defines project risk as: An uncertain event or condition that
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Construction sites are dangerous‚ and many accidents can occur. Each day on a work site‚ construction workers are subject to many tasks and pieces of equipment that can put their lives in danger. Workers are asked to work with heavy equipment and powered vehicles‚ such as forklifts (Powered vehicles)‚ cranes and other heavy duty equipment‚ (OSHA‚ 2010). With all of the activities that occur on a construction site‚ accidents due to falls are the number one threat to construction workers
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