Portfolio Selection Chapter 19 Charles P. Jones‚ Investments: Analysis and Management‚ Eighth Edition‚ John Wiley & Sons Prepared by G.D. Koppenhaver‚ Iowa State University Portfolio Selection • Diversification is key to optimal risk management • Analysis required because of the infinite number of portfolios of risky assets • How should investors select the best risky portfolio? • How could riskless assets be used? Building a Portfolio • Step 1: Use the Markowitz portfolio selection model to
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Case Study: On Time Staffing & Inclusive Recruiting and Selection Introduction On Time Staffing (OTS) is one of the country’s top 25 fastest growing private staffing companies averaging 40% growth per year over the past decade. Its’ ever growing client list reads like a who’s who of super regional and national brand companies. With nearly two decades in business‚ On Time Staffing has migrated from just another “do everything” temp staffing company to one that specializes exclusively in light industrial
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Personnel management refers to a set of functions or activities including recruitment‚ training‚ pay and industrial relations performed effectively but often in isolation from each other or with overall organisation objectives. In 1991‚ Hilmer noted that the Australian tradition of many sub-specialities or functions (industrial relations‚ compensation‚ training and pay) was out of date. The early 1990s was an are of great speculation on the future of the functions in managing people. The concept
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Recruitment & Selection What is Human Resource Planning? Human resources planning is a process that identifies current and future human resources needed for an organization to achieve its goals. Human resource planning should serve as a link between human resources management and the overall strategic plan of an organization. What is recruitment & decruitment? Recruitment refers to the overall process of attracting‚ selecting and appointing suitable candidates to one or more jobs within
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secretary the two former domestic helpers. They arrived at the company compound in a police car‚ and the secretary told Mr. Ruiz that the two maids were compromise recommendees of the mayor. What would you do if you were Mr. Ruiz? If you were the personnel manager‚ what would you do if the general manager referred the maids to you? The above case calls for a compromising situation on the part of Mr. Ruiz being the general manager as against to the recommendation of the town mayor of Sta. Catalina
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Difference between Human Resource Management and Personnel Management Human resource management involves all management decisions and practices that directly affect or influence the people‚ or human resources‚ who work for the organization. In other words‚ Human resource management is concerned with ‘people centric issues’ in management. The Human Resources Management (HRM) function includes a variety of activities‚ and key among them is deciding what staffing needs you have and whether to use
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given a consideration to work. To some extent‚ a high level of employee motivation is derived from effective management practices. To develop motivated employees‚ a manager must treat people as individuals‚ empower workers‚ provide an effective reward system‚ redesign jobs‚ and create a flexible workplace. In business‚ a good manager knows how to motivate his employees to go beyond company goals and expectations. The company needs to implement motivational strategies to inspire employees‚ without taking
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PAYROLL AND PERSONNEL CYCLE CHART Journals needed for this cycle is the payroll journal and the general journal. In this cycle‚ transactions such as payroll taxes are checked to make sure they are deducted and remitted to the appropriate agency‚ and that payroll is accrued. The payroll and personnel cycle begins with the hiring of personnel and ends with payment to the employees for the services performed and to the government and other institutions for the withheld and accrued payroll taxes and
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The Units and Levels of Selection by Samir Okasha (Ch 8‚ A Companion to Philosophy of Biology) Traditional Darwinian View – * Though Darwin treats individual organisms as basic unit of selection‚ other possibilities can be seen * Lewontin (1970) – Natural Selection will operate on any level that exhibits ‘heritable variation in fitness’. * Hence the question of level seems purely empirical – but is not. Historically – * The debate of Levels of Selection can be traced back to
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The selection structure in computer programming gives the program a couple of passage ways to complete a certain task. It separates the code base on different conditions set forth in the coding. This is presented by giving a conditional expression‚ in which the computer tests conditions in order to know statements to perform. Programmers give the computer guidelines on how to make the proper decision in order to carryout specific task. Selection structure is broken down into three common structures
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