Individual Assignment Learning outcome | Question | 1. Demonstrate knowledge and understanding of concepts‚ principles and techniques of accounting | Q1 (a‚ b & c) and Q2 | 2. Apply appropriate accounting and financial techniques in the preparation‚ interpretation and presentation of financial statements‚ | Q1 (a‚ b & c) | 3. Apply and evaluate financial techniques for management planning‚ decision making and control in the short‚ medium and long term. | Exam | QUESTION 1
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1. The three main theories about the effects of interest groups: 1. Pluralism- a system that represents many different interests. 2. Demosclerosis- A theory describing how a multitude of Washington lobbyists enables a damaging effect on American democratic policy making . 3. Power elite theory: When the richest and most powerful have ultimate influence on U.S. governmental decisions. • What strikes me as the most persuasive is the Power elite theory since this can be seen a lot in politics. 2. The
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Monetary Value (EMV) Risk-Taker Expected Value of Perfect Information States of Nature Expected Value of Sample Information Utility STUDY QUESTIONS 1. In decision analysis‚ decision-making scenarios are divided into three
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Financial Outcomes Wal-Mart is known as one of the world’s leading discount retail chains. Much of its profits and success depends on its stock prices. This paper will examine three different scenarios in relation to the organizations initiative to repurchase its own stock in the market in order to retire it. There are three potential outcomes that the organization can encounter including: 1) the stock price goes down because the balance between debt and equity is distributed thus making interest
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Jerome Bixby’s ‘It’s a Good Life’ is a short story following an unusually gifted‚ three-year-old boy named Anthony Fremont. In spite of his age‚ Anthony has the capacity to transform other people or objects into anything he wishes‚ think new things into being‚ teleport himself and others where he wishes‚ read the minds of people and animals and even revive the dead. If either citizens or animals of the area do not comply with Anthony’s capricious whim‚ grim consequences occur‚ often Anthony placing
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What is quality? Quality is a measure of how good and satisfying a product is to the consumer. The ISO standard explains quality as "the totality of features and characteristics of a product or service that bears its ability to satisfy stated or implied needs." Meaning that the quality of a product/service is defined in matter of the features it presents to the customer and the rate of satisfaction it is providing to its user/consumer. The quality depends not only on its features it depends on the
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1. A summary of three main points you gained from the reading (You may list the points‚ but elaborate each enough to show your thoughts so you can talk about them and we can understand them.) The main points of the article Lessons Learned form Extraordinary Leaders the author stress’s the importance of what it takes to be a true leader. This does not mean a manager although employers would love to have all their managers as leaders but unfortunately this does not always happen. A manager is designated
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quality management history‚ gurus‚ TQM theories‚ process improvement‚ and organizational ’excellence’ The history of quality management‚ from mere ’inspection’ to Total Quality Management‚ and its modern ’branded interpretations such as ’Six Sigma’‚ has led to the development of essential processes‚ ideas‚ theories and tools that are central to organizational development‚ change management‚ and the performance improvements that are generally desired for individuals‚ teams and organizations. These
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Discuss three main ideas from the Communist Manifesto. The Communist Manifesto was written by Karl Marx and Friedrich Engels‚ and it was originally published in German in 1848. The basic premise of the publication is to demonstrate the difference between class structures‚ primarily the bourgeoisie and the proletariat. It is a hugely influential book‚ and it is still relevant in today’s modern society. 1. Bourgeois and Proletarians Throughout history‚ the discord between the bourgeoisie and the
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Outcomes of Foster Care Angela Nagle COM 150 May 16‚ 2010 Michelle Vanderhoof Growing up many children think that it is normal how they are living‚ whether it is good or bad. On the bad side it could be from getting abused to not always having enough food to eat; or sleeping on the floors to sleeping in the family car. When social services finds out about something like this‚ they do their best to better the situation. One situation they try is placing children in protective custody‚ also
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