When an individual is trying to decide whether or not to lease or buy‚ he or she needs to know the purchase cost‚ the lease cost‚ as well as the interest rate of a loan that will be used to purchase the item. The residual value of the item also must be known up front to help determine if leasing is the better option. When determining whether to lease or buy‚ the cash flow for both should be compared so the best decision can be made. Below is a chart on lease vs buy. (www.smartcomputing.com; Retrieved
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“Water is more important to human life than diamonds‚ yet tap water suppliers are less profitable than those selling diamonds. Using the concepts in MCS Chapter 3 as well as your general knowledge‚ explain why this profitability difference is likely to occur.” There are a couple of factors that come to mind when answering this question. First‚ lets look at the willingness to pay factor. We know from the text book that we can think of the product’s value to the customer as the highest price he/she
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Samatina Essay on “Complexion” by Richard Rodriguez and “Life Principles Integration” by Bill Harris. In the essay‚ “Complexion”‚ Richard Rodriguez describes the effect of his dark complexion on his self-image as he grew from a child into a man in order to heal himself‚ understand how his dark complexion became the governor of his existence and also to help readers interpret their own beliefs regarding their own metaphorical “complexion.” He uses a surprisingly light tone to describe his feelings
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Country vs. City In the novel My Antonia by Willa Cather‚ Antonia Shimerda and Lena Lingard share a few similarities: they are both immigrants to America; they are both in their own way very beautiful women; and they are both very independent and accomplished women. However‚ they differ in personal appearance‚ lifestyle‚ and values. Antonia was very beautiful as a young girl‚ but as the years have passed‚ the struggles she has faced growing up in her life show in her outward appearance. She
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Tahmid Rahman Ms. Peterson Online Psychology 1A Reflection Paper on Erikson’s Theory Holding hands‚ hugging and caring for someone you love can mean the world to you. According to Erikson’s theory I am at the sixth stage of development. Finding someone to share my life with is one of the many priorities that I seem to have now. As much similarity I have with Erikson’s theory‚ I completely cannot relate everything that his theory suggests. I still ask questions about myself and try to discover myself
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The developmental theories of Jean Piaget‚ Sigmund Freud‚ and Erik Erikson Jean Piaget‚ Sigmund Freud‚ and Erik Erikson are all respected theorists in the study of psychology. All three have theories that help to explain why and how children develop into adolescents and adult hood. Although all three provide their own theories on this subject each theory shares similarities and differences with one another. Having a better understanding of each theory and the theorist will lend a better understanding
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influence the formation of personality. Examine the relationship of biological factors to Maslow’s theory of personality‚ explained the basic aspect of humanistic theory that are incompatible with biological explanations of personality. Abraham Maslow developed the hierarchy of needs theory still remain valid today for understanding human motivation‚ management training‚ and personal development. Maslow’s ideas surrounding the hierarchy of needs concerning the responsibility of employers to provide
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References: Maslow‚ A. H. (1943) A theory of motivation. Psychological Review 50(4) 370-396. Murray‚ H.A. (1938). Explorations in personality NY: Oxford University Press Nelson‚ R. J‚ Smith‚ D.J. (1993). Achievement-related beliefs of college students with disabilities
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I intend to explore Maslow ’s hierarchy of needs and Herzberg two factory theories and indentify the key differences that exist between them‚ and explain how they can be applied by managers to motivate staff. Both are examples of content theories‚ a content theory is one where “we can attribute a similar set of needs to all individuals” ( Fincham and Rhodes‚ 2005‚ pg 193) Maslow’s Hierarchy of needs is essentially based on a pyramid depicting the different types of needs that one has. At the bottom
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ways in which human beings deal with each other: 1. Universalism versus Particularism Do we consider rules or relationships more important? 2. Communitarianism versus Individualism Do we act mostly as individuals or as groups? 3. Neutral versus Emotional Are we free to express our emotions or are we restrained? 4. Specific versus Diffuse How extensively are we involved with the lives of other people? 5. Achievement versus Ascription Do we achieve status through accomplishment or is it
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