1. Explain the difference between efficiency and effectiveness. Efficiency involves accomplishing something with the least amount of effort‚ expense‚ or waste. Effectiveness simply involves getting work done that helps achieve organizational goals and may or may not be done efficiently. 2. What are the four management functions? The four management functions are: planning‚ organizing‚ leading‚ and controlling. 3. What are the four management functions? -planning: This includes developing
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Question 1 (5 points) $50 today is worth MORE than $50 tomorrow. Your Answer Score Explanation True Correct 5.00 Correct. You understand Time value of money. False Total 5.00 / 5.00 Question Explanation We have assumed time value of money is positive. Question 2 (5 points) $100 invested for 10 years at 12% interest is worth more in FV terms than $200 invested for 10 years at 4% interest. Your Answer Score Explanation True Correct 5.00 Correct. You know the mechanics for calculating
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Chapter 1 1. Which of the following statements is false? "The Internet is generally a reliable source of nutrition information‚ because information posted at web sites has been peer-reviewed." Web sites with .edu in their addresses are likely to provide reliable nutrition information. "When evaluating claims for dietary supplements‚ be wary of products that include promises for quick remedies." "In general‚ personal web sites‚ such as blogs‚ are not reliable sources of nutrition
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Chapter # 1 Introduction to Course: Small Business & Entrepreneurship CONTENTS What is small business? What is special about small businesses? What is entrepreneurship? What resources support entrepreneurship and business development? 2 What Is “Small Business”? Independently owned and managed business that does not dominate its market. Committee for Economic Development Owner manages company directly (independently) Capital supplied by one individual or a small group Area of
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TOEFL TEST 1 INDEX I. WRITING .......................................................................................................... 2 II. SPEAKING ........................................................................................................ 5 III. READING ......................................................................................................8 DEER POPULATIONS OF THE PUGET SOUND ..............................................8 CAVE ART IN EUROPE
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CHAPTER 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment ANSWERS to Review Questions 1-1 The explosion in e-commerce will affect managerial accounting in significant ways. One effect will be a drastic reduction in paper work. Millions of transactions between businesses will be conducted electronically with no hard-copy documentation. Along with this method of communicating for business transactions comes the very significant issue of information security. Businesses
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University of Perpetual Help System JONELTA In Partial Fulfilment Of the Requirements for the Degree of Bachelor of Science and Nursing By Brillo‚ Ma. Laidi Belandres‚ Jeordaine S. Cervantes‚ Justinne Renz 2013 CHAPTER 1 INTRODUCTION It is known that we are living in technological era. The computers become irreplaceable tool in everyday life of almost each person. The adult users generally use it for business purposes while youngsters for computer games. Computers
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Patricia Haro Reading 301 Cooked by Jeff Henderson In the first chapter‚ Jeff the main character‚ in this story was searching to find a job to provide for his family. He was an ex-convict which was harder for him to find a job. A lot of employers were more interested on why he was in prison than the new life he was trying to pursue. He talked about how he used to cook and sell crack cocaine for a large profit of money. However he was arrested and was sent to prison where he found
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Myers‚ S.C. (1984). “Finance Theory and Financial Strategy”. Interfaces‚ 14. Introduction This journal explained how to bridge the gap between strategic planning and finance theory. Myers wrote this journal to explain why finance analysis had only slight impact on strategic planning‚ even though strategic planning needs finance. Strategic and financial analysis are not reconciled. When low net present value (NPV) projects are nurtured "for strategic reasons‚" the strategic analysis overrides
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2. Discuss and debate whether the often considered “benign” drug known as marijuana is or is not addictive. In your discussion/debate‚ consider the finding by the Substance Abuse and Mental Health Services Administration (SAMHSA) that in 2008 for persons age 12 or older‚ 41% (102.4 million) of illicit drug users used marijuana during their lifetime‚ and past-month users of this drug accounted for 6.1% (14.2 million) of all illicit drug users. Do you think this often-considered “benign” drug is harmless
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