1.1 WORKING CAPITAL CONCEPTS Business activity Business activity is dynamic in character and subject to wide fluxions. The movement from working capital to income and profits and back to working capital is one of the most important characteristics of business administration. This operation is concerned with the deployment of funds with the hope that they will generate returns‚ rendering an additional amount called profit. If the operations of an enterprise are to run smoothly‚ proper relation
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Moral Courage in Healthcare: Acting Ethically Even in the Presence of Risk Colonel John S. Murray‚ PhD‚ RN‚ USAF‚ NC Summary This article talks about the act of ethical and unethical behavior and the ways that they are and should be dealt with in the healthcare environment. Murray goes on to explain the story of a woman who worked as a nurse at a hospital. She saw unethical behavior‚ which she reported to a higher nurse and they basically said that she shouldn’t bother with it. They claim that
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production concept marketers believe that customers will favor products that are available and in expensive‚ while Product concept makes marketers believe that the customers will favor products with most quality‚ features and performance. Under production concept‚ product gets cheap but under product concept‚ product usually gets expensive. Both of these concepts can lead to marketing myopia‚ but still useful in some situations. Products like ‘sun chips’ can follow the production concept‚ because Bangladesh
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Paolo Freire‚ a Brazilian radical educator talks about the oppression students face in the traditional method of learning‚ The Banking Concept of Education. According to him in this method of teaching “the contents‚ whether values or empirical dimensions of reality‚ tend‚ in the process of being narrated‚ to become lifeless and petrified.” He accuses education to be suffering from “narration sickness” where students learn the content distancing it from reality in a very mechanical way. Therefore
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The Boxster concept Concept To evolve without losing your individuality. Push the boundaries without breaking with tradition. Remain true to yourself while exceeding expectations. How can you do that? By rekindling a source of infinite potential: inner fire. With the Boxster models‚ this power is demonstrated in many ways. By the powerful engines‚ for example. The optional Porsche Doppelkupplung. The Porsche Stability Management. Or the purposeful design. In other words‚ refined technology
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for writing the article “The Marketing Concept- RIP” which was published July 17th‚ 2006. He discusses the decline and the increasing irrelevance of the marketing concept idea and how firms are adapting this strategy in today’s market. Moore emphasis on the following points: 1. Importance of market research before launching a product 2. The need to focus on the product’s usage by the end users 3. The difficulty firms face to implement the marketing concept strategy in today’s market place.
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The concept of quality of life is multifaceted and a much discussed topic in the healthcare world. Providers‚ researchers‚ law makers and the general public agree that the perception of quality of life is an integral part of healthcare at large. Although it is often discussed in nursing literature‚ the definition of the concept is rarely defined. Some speak of the concept when referring to life saving measures that are prolonging but not necessarily improving life. Others speak about the concept when
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Background of the Study Food in art has been around since as early as the Ancient Egyptian era. During this time it was depicted in tombs in belief that it would become available in the afterlife. Later‚ in Roman times‚ the rich would display decorative mosaics‚ usually a glass bowl of fruit‚ to show off the food of the upper class. (Thompson‚ 2011) Aspects of realism‚ attention to composition and arrangement and a concern with allegorical meanings carried over in the 18thcentury‚ which saw more
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A concept analysis is useful in the examination of a specific concept in an effort to identify the concepts structure (Walker & Avant‚ 2011). The ultimate purpose of a concept analysis is to examine‚ clarify‚ and describe a concept with goal to gain understanding and the development of a definition. Concept analysis is an important process in the development of conceptual frameworks and theories utilized in practice and research (McEwen & Wills‚ 2014). A concept analysis contains several key components
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conservation Prudence concept: revenue and profits are included in the balance sheet only when they are realized(or there is reasonable ’certainty ’ of realizing them) butliabilities are included when there is a reasonable ’possibility ’ of incurring them. Also called conservation concept. Du Pont analysis A type of analysis that examines a company ’s Return on Equity (ROE) by breaking it into three main components:profit margin‚ asset turnover and leverage factor. By breaking the ROE into
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