1. Management is as a factor of production along with machines‚ materials‚ and money. Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. 2. Four main factors of management are: * Planning‚ Planning requires that managers be aware of environmental conditions facing their organization and forecast future conditions. It also requires that managers
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11.1 Outline the advantages for a car hire firm of the introduction of credit cards into Australia. Firstly‚ for the car-rental companies‚ customers drive away merchandise. And credit card is an indicator of good financial standing with external parties‚ furthermore‚ it provides efficient and secure transaction. Secondly‚ using credit cards will benefit both companies and individuals. For the car-rental companies‚ extra incoming will be increased which come from the ‘holding fees’ for customers
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Question 1 (1 mark) The methods that a firm can use to evaluate a potential investment: 1) ‘Discounting’ Methods: Net Present Value (NPV): the present value of the future after-tax cash flow minus the investment outlay made initially. The decision rule for the NPV as follows: invest if NPV> 0‚ do not invest if NPV< 0 Internal Rate of Return (IRR): calculates the interest rate that equates the present value of the future after-tax cash flows equal that investment outlay;
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Instruments in Research Review Problems and Exercises: 1. What is the role of data-gathering instrument in research? * Instruments are materials‚ concrete or verbal or non-verbal communications‚ used to collect data for the research study. Instruments are very important components of the overall research design. Without these‚ the researcher will not be able to obtain data and information that will be analyzed for findings‚ presentation and interpretation. 2. Characterize “good”
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Minding the store 1- There are nine specific ways to foster empowerment. Ken Hoffman didn’t follow these rules and thus failed to produce a sense of competence choice‚ impact value and security. The first rule that Ken Hoffman violated was articulating a clear vision and goals. When Ruth Cummings was made the branch manager‚ she was told to make the store one of the best in the system. He failed to share the vision of where the organization is going and how Ruth can contribute as an individual
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Assignment 9: Marketing (20 points) In Section 9‚ you learned about marketing. Now‚ you’ll apply what you learned. 1. Visit a Web site for a company that sells products online. Then go to that company’s corporate Web site. Compare the company’s product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points) The website of the company I visited was Ebay. Its corporate site and the product sales site differ in many ways‚ for example the
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Ah Q is a metaphor for the confusing revolutionary period that took place in China after the fall of the Qing Dynasty. He is a metaphor for everything that was “backward” at this time‚ and is seen as a rather ironic and satirical character‚ in order to criticize the changes taking place at the time. He is also a symbol of anonymity‚ helping to establish that the individual was anonymous during this time period‚ and that the reforms that were meant to help the ordinary people did not. Ah Q’s story
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John Gioia John Gioia is a cool guy‚ who dresses very nice‚ and can draw just about anything. John Gioia most of all is a leader‚ on and off the court. John Gioia helps out‚ not because he has to‚ but because he can. John Gioia has the knowledge and the relatability to be one of the best leaders that can compete with the best. Gioia is a young assistant coach for the East Haven High School boys tennis team.He used to play for the team himself‚ and was one of the captains of the team. This is where
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John adams was in the federalist party 1789-1808 John adams was Born July 11‚ 1767‚ Braintree‚ MA John Died- February 23‚ 1848‚ Washington‚ D.C. John Quincy Adams was the sixth president of the United States. He was also the eldest son of President John Adams‚ the second U.S. president.John Quincy Adams was the eldest son of President John Adams and the sixth president of the United States. In his pre-presidential years‚ Adams was one of America’s greatest diplomats (formulating‚ among other things
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Hobbes speaks of humanity as a horrid thing and that people need a ruler to be in control. On the other hand‚ John Locke adopts a positive tone about the goodness of people and how we should live our lives freely. Based on human nature‚ I most identify with John Locke because of his belief on self government and that everyone should have the lawful right of existence and independence. John Locke’s ideology states that everyone is born equal and that we should live freely. That is to say‚ Locke
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