Concept of Entrepreneur The concept of Entrepreneurship is comparatively new and dynamic. The following eleven qualities/ attributes are considered to be some of the important ones for a successful entrepreneur on the basis of the research and experience is as follows:- a]High level of motivation‚ b]Moderate Risk-taker c]Self-confident with positive self concept‚ d]Excellent Leadership qualities e]Good Business acumen
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accounting concepts are rules and guidelines which the accountant follows and uses when deciding between differing options to make. They help to ensure the accounting information is presented accurately and consistently. All formal accounting statements should be created‚ preserved and presented according to the concepts and conventions’. The following will look at each of the concepts and conventions and relate them to the profit and loss account for a sole trader. GOING CONCERN This concept assumes
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Liberal Studies - Revision notes Module 1 – Personal Development and Interpersonal Relationships 1. self concept – academic achievement‚ body image‚ personality‚ identity 2. self-esteem – ideal self‚ actual self‚ self defence mechanism 3. Maslow’s hierarchy of needs A. physiological needs B. security C. affiliation D. self-esteem E. self-actualization – life goal 4. intellectual/cognitive development – independent thinking‚ rebellious behaviour‚ anti-social behaviour‚ juvenile delinquency
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Abortion Abortion is the removal of a fetus from the uterus in an attempt to terminate a pregnancy. This is both a social and moral issue. The abortion procedure can be performed up to the sixteenth week of pregnancy. By the sixteenth week of pregnancy the fetus can hear external voices‚ sleep‚ and dream. The fetus’ heart is even circulating blood through its tiny body at this point. Therefore yes the fetus is a human being just as we are and it has every right to live. During the 1800’s in
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Concepts of Entrepreneurship Measured Risk Entrepreneurs are risk takers‚ staking money‚ time‚ and personal reputations to manifest their visions. But‚ like heros‚ entrepreneurs are rarely reckless. Rather‚ successful entrepreneurs take measured risks‚ weighing the stakes and the potential consequences‚ and then stepping into unknown territory to generate results. As risk takers‚ successful entrepreneurs understand that failure can be a vital part of success‚ and that learning from mistakes can be
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Evaluating Concepts-Based vs. Rules-Based Approaches to Standard Setting INTRODUCTION In its new project on Codification and Simplification‚ the FASB indicates its intent to evaluate the feasibility of issuing concepts-based standards rather than issuing detailed‚ rule-based standards with exceptions and alternatives.[ 1] Related to this project‚ members of the FASB board and staff asked the Financial Accounting Standards Committee of the American Accounting Association (hereafter‚ the Committee)
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The Ancient Concept of Karma Religion is the heartbeat of every culture that has ever been a part of the human race’s existence. It is what gives people hope‚ faith‚ something to believe in‚ and something that encourages them to be the best person that they can possibly be. Karma is a huge aspect of many religions‚ specifically in Hinduism. The concept of karma greatly empowers those said traits in religion. Ever since ancient and classical Indian culture‚ karma has impacted people all
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Concept Analysis Stephanie Hobbs NR 501: Theoretical Basis for Advanced Nursing Instructor: Dr. Patricia Fedorka September 30‚ 2012 Introduction According to McEwen & Wills (2011)‚ concept analysis is an approach to clarify and define terms so that writers and readers have a common language. The process of a concept analysis is to: 1. Select a concept 2. Determine the aims or purposes of analysis 3. Identify all the uses of the concept possible 4. Determine the
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The historical cost concept means expenses and assets must be recorded with their original cost according to its representation cost of things from the past. CITATION Wil09 \l 17417 (Wild‚ Shaw‚ & Barbara‚ 2009) For example‚ APPLE Company bought equipment at the price of RM 10‚000 and after few months‚ the equipment is then estimated to drop in value. The cost of the purchase RM 10 000 would be recorded in the financial report because there is official receipt and documents supporting the value
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Reading The Concept of a Hero‚ From Greek Civilization‚ I realized their views were very different from ours in our time today. Basically to the Greek people‚ whoever was a hero‚ was a God also. As to us‚ anyone can be a hero. To us it’s the little things people do that make them a hero. one thing I do notice is the same type of importance we give to the most powerful‚ or most known. If you were to ask someone who they thought they were heroes you would get a lot of the same answers. It would be
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