ASSIGNMENT BMMF5103 MANAGERIAL FINANCE 15 July 2013 QUESTION 1 a) Maximizing shareholder wealth is a “moral imperative” for financial manager means managers are supposed to work for shareholders who are the actual owners of a company or corporation. Shareholders elect company directors who in turn hire managers to run the company on day to day basis with the view to make profit for the company. Managers are paid for their services rendered to
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professions and which perspective to take on it. At first I wanted to research the legal and ethical issues of non-erotic touch within counseling and acupuncture‚ but the research on that is scarce; second I wanted to explore the legal and ethical issues of non erotic touch across cultures by combing the laws of the USA and Germany‚ however it turned out to be quiet similar. Lastly I looked into the legal and ethical issues about combining counseling‚ which is western approach‚ with eastern medicine
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are still ongoing arguments on whether managerial prerogative should be practise by manager without any external interference from states‚ trade unions and employees. Human Resource Management (HRM)‚ described by Boselie (2009) is using the human resources through high performance work practises which increase an organisation’s competitive advantage (p.93). Boselie’s reference to high performance work practices indicated strong highly control through managerial prerogative. This paper stressed the
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Many traits are required in order to apply for an executive position. Leadership‚ integrity‚ and intellectuality; all of these are basic traits of a strong leader. One must not be lazy nor cowardly when in such a position of power. One must be prepared to make decisions that may not benefit oneself directly‚ but result in a more efficient and organized company. In the following excerpt you will read about the traits that provide for not only essential chief executive‚ but a successful one as well
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............................ 2 2.0 MANAGERS………………………………………………………………………….. 2 2.1 Top Level Managers…………………………………………………………… 2 2.2 Middle level Managers………………………………………………………… 2 2.3 Low level Managers or first-line Managers…………………………………… 3 3.0 MANAGERIAL FUNCTIONS………………………………………………………. 3 3.1 Planning……………………………………………………………………….. 4 3.2 Organising……………………………………………………………………… 4 3.3 Leading or Directing…………………………………………………………… 5 3.4 Controlling…………………………………………………………………….. 6 3.5 Staffing…………………………………………………………………………
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Wade‚ the legal‚ moral‚ and political controversy surrounding the abortion issue has polarized the American public. Two camps—one hailing Roe as a victory for “choice‚” the other arguing that the decision deprives the unborn child of its “right to life”—squared off
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1. Why will you want to monitor his fluid status very carefully? C.W has a past medical history of congestive heart failure (CHF). According to an article on Johns Hopkins Medical website‚ a congestive heart failure is when the heart does not pump well to meet the oxygen needs of the body. It is mostly caused by cardiomyopathy or other forms of heart diseases. The heart muscles becomes weak with patients with CHF. When this happens‚ blood returns to the heart and gets congested due to inability
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structures as highlighted in the synopsis of Managerial Economics and Organizational Architecture are as follows : 1. The assignment of decision rights within the firm 2. The methods of rewarding individuals 3. The structure of systems to evaluate the performance of individuals and units These three components are often referred to a stool with three legs. If one of the legs is shorter‚ the stool is out of balance. These three elements must be in balance in the organization as
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decision? I believe the role of the U.S. Government Agency in the Foreign Corrupt Practices Act Review Opinion Procedure Release 10-01‚ may be somewhat critical. In the case assignment‚ the facts and circumstances‚ as represented by the Requestor are legal and the Department’s conclusion to not taken any enforcement action with respect to the proposed service contract is a valid one. Although the Requestor is contractually bound to hire and compensate the individual as directed by the U.S. Government
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Managerial Skill What are the traits of a good manager? Stated precisely‚ a good manager is the one who has loads of confidence in his own abilities and possesses managerial skills like leadership‚decision making abilities‚ multitasking and an uncanny knack to motivate employees. Leadership Qualities Leadership and management are inseparably intertwined. A good manager has to be a good leader as he has to guide a team of people towards common goals . Communication Basic management skills like
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