ALCAR approach: the Alcar Group Inc. a management education and software company‚ developed an approach to VBM which is based on discounted cash flow analysis Determinants of shareholder value: according to Alfred Rappaport author of creating share holder value; a guide to managers and investors‚ who is regarded as father of share holder value‚ the following seven factors called “value drivers” affect shareholder value 1. Rate of sales growth 2. Operating profit margin 3. Income tax rate 4. Investment
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The Psychodynamic Approach encompasses both Freud’s theories and methods and those of his followers. Freud’s own theory was called Psychoanalysis which is both a theory and a therapy. The Psychodynamic Approach focuses upon the role that internal processes and past experience have in shaping a persons personality. These theorists believe that behaviour is guided by unconscious urges not rational thought. Freud’s theories are derived from what his patients told him during treatment. According to Freud
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Ontological approach provides us with the way to store the information that can be gained from the attack graph in a structured form. Ontology is made of entities and their interrelationships. The entities are defined as follows:Machine: Any host machine connected to the network comes in the category. All the workstations and the servers that the attacker can use to his advantage will be called as a machine. Vulnerability: Any weakness in the
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Outline and evaluate the behaviourist approach to abnormality The behaviourist model explains abnormality as learnt behaviour. The behaviourists explain this learning as being a result of our environment. It has two ways to explain how abnormality can be learnt. It also argues that people do not have free will and that the environment determines their behaviour by making them behave in certain ways Classical conditioning is about an association made between a stimulus and response. In a
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Leadership Approach Paper Leadership is established from the characteristics of leaders. Leadership is a series of action directing others through various methods to accomplish shared objectives (Yukl‚ 2010). Leadership characteristic is broad‚ and there are a few different approaches developed to study it. Yukl (2010) classified five approaches‚ situational approach‚ trait approach‚ power-influence approach‚ behavior approach‚ and integrative approach. An overview of trait approach will be discussed
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Research Methods – Sociology Unit 2 Sociological Approach Sociological Research is important as it gives a more common sense understanding of the social world in which we live. Quantitative Approach = involves collecting numerical data and social facts establishing correlations (statistical relationship exists between two things) and searching for ‘cause and effect’ relationships (one thing directly leads to the other). Qualitative Approach = sees reality as objective and measurable through
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3 Evaluate two strengths and two weaknesses of the behaviourist approach One strength of the behaviourist approach is that it is scientific in its nature. This is because this approach is very scientific with everything proven and supported by lab experiments. Behaviourist believe that through the use of scientific methods‚ we can analyse and compare behaviour. Control over variables can see cause and effect. Behaviour should be studied objectively and variables should be operationalized (breaking
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COGNITIVE A main strength of cognitive psychology is that this approach has tended to use a scientific approach through the use of laboratory experiments. A strength of using laboratory experiments is that they are high in control therefore researchers are able to establish cause and effect. For example Loftus and Palmer were able to control the age of the participants‚ the use of video and the location of the experiment. All participants were asked the same questions (apart from changes in the
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Holistic approach: Meaning: Holistic approach to patient care incorporates the mental‚ emotional‚ physical and spiritual health of the individual. It explores the connection between mind‚ body‚ spirit and environment. Holistic healing includes a wide range of therapies with inherently complex philosophies about the prevention and treatment of illness. Questions still exist as to the safety of complementary and alternative medicine (otherwise known as CAM)‚ which are an integral part of holistic
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Deming’s Approach to Management I Basic Philosophy Deming’s theory of management details the steps that must be taken to transform a company’s quality culture. It is a theory that means it is insufficient to simply solve problems that arise. A culture of continuous improvement must be established and maintained with the overall goal of achieving customer satisfaction. Along with the fourteen basic points of his theory of management‚ Deming also defines what he calls the deadly sins and diseases
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