As a new member of the board of directors for a local bank‚ Jack Nelson was being introduced to all employees in the home office. When he was introduced to Ruth Johnson‚ he was curious about her work and asked her what the machine she was using did. Johnson replied that she really did not know what the machine was called or what it did. She explained that she had only been working there for two months. She did‚ however know precisely how to operate the machine. According to her supervisor‚ she was
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LIMITATIONS OF RATIO ANALYSIS The debt-equity ratio gives an indication of an enterprise’s ability to sustain losses without jeopardizing the interests of creditors. This ratio is based only on information provided in the balance sheet. Although stockholders’ equity serves as a buffer to protect the creditors’ interests‚ it should be kept in mind that the earning prospects of the enterprise are also relevant in judging a firm’s ability to survive the long run. Although the use of ratios can prove
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Jack Brooks once stated that “Every disaster is an opportunity‚” and he was absolutely correct. Brooks’ statement especially holds true to politicians. Politicians are in a constant struggle to gain the support of the citizens‚ and to be successful they need take advantage of every presented opportunity to get seen and heard by the public. Disasters stimulate fear and excitement in the public‚ therefore the public pays a lot of attention to them (Popkin‚ 25). In turn politicians are attentive
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1‚ new media technologies may have little impact on politics‚ even change politics for the worse. It has little effect on civic engagement. New media technologies increased political knowledge among citizens already interested in politics‚ for users who are not‚ public sphere online is meaningless. Social media activists are more democratic‚ more knowledgeable about current political events and also somewhat more understanding of anti-government sentiment. As the new media technologies provide a
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Introduction There are a number of factors that can contribute to the growth of a population and these trends can be seen in a number of species. It is generally believed‚ from an ecological perspective‚ that populations will display either an exponential of logistic growth rate. If optimal environments are consistently maintained with no biotic or abiotic limiting factors (excess food‚ excess space availability‚ optimum climactic environment‚ no predation‚ etc) then a population will grow in
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I think that one of the biggest miscarriages of justice that I witnessed in my lifetime was that of Dr. Jack Kevorkian receiving a 10 to 25 year sentence for wanting to help end the suffering of a helpless human-being. Dubbed "Dr. Death" by the media frenzy that followed the actions of the controversial physician‚ he received this sentence for helping to end the life of 52 year old Thomas Youk‚ who was fighting a hopeless battle with Lou Gehrig’s disease. Dr. Kevorkian set up his "suicide machine"
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Limitations of Data Mining Data mining is one of the more efficient tools when it comes to looking for specific characteristics over large amounts of data. It is as simple as typing in certain keywords and the words being highlighted in certain articles and other data. Data mining however‚ is not nearly a perfect process. It has certain limitations and capabilities that can vary by situation. The article N.Y. bomb plot highlights limitations of data mining‚ brought up a few very good points
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As the result of the ratio analysis. There are 5 limitations of ratio analysis as well. The first limitation of the ratio analysis is Comparing the ratios between two organizations/firms is a smooth path to do it. This is because‚ different organization/firms might have face unequal figures of earnings‚ losses. In addition‚ fact is the two difference organizations/firms might have different economic environment or production technologies even though they produce the same range of the product. For
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Financial accounting is the only branch of accounting and it is not perfect. There are large numbers of limitations which open new way to use other tools of accounting. To know what are the main limitations of financial accounting. It is very necessary for accountants. Accountants are often blind to these limitations. So‚ I am covering its limitation a lot of ground. Read below and understand:- Net effect of transactions are recorded in financial accounting which has happened in past. These
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The government has to find reasonable ways to achieve or implement its legislation based on the concept of proportionality. Through establishing the reasonableness of the limitation‚ the objective of limiting the right to legal counsel during questioning seems to be overriding the constitutionally protected right. The limitation on the right to legal counsel during interrogation would be clearly unjustified since its purpose is inconsistent with the values of a “free and democratic society’’. It
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