Define traditional budgeting Traditional budget is a type of budget which uses the income and expenses from the previous year or month to predict the next month or year ’s budget. A traditional budget is easy to create since it is meant to predict a future period of finances in relation to the previous period. In most cases though‚ the traditional budget usually ends up being too rigid. http://blog.trginternational.com/trg-in-the-board-room/bid/162036/Traditional-budgeting-approach-advantages-and-disadvantages
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POSITIVE APPROACH Attitude is the most important trait that lifts a man from his present position to the top most. A person who is very positive will spread his positive spirit in al the directions which helps him in unbelievable achievements. This is hard fact of life that whatever be the status of a man‚ his positive attitude always makes him to be the top in his crowd. I have seen many of my superiors and colleagues‚ who were totally negative in their approach‚ had been written off from
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Classical Approach of Macroeconomics After reading this chapter‚ you will be conversant with: • The Classical Aggregate Supply Model • The Keynesian Aggregate Supply Model • The Classical Analysis of Income Determination INTRODUCTION EARLIER WE HAVE SEEN THE ROLE OF AGGREGATE DEMAND IN DETERMINING OUTPUT AND EMPLOYMENT AT A GIVEN PRICE LEVEL. WE HAVE SIMPLY KEPT ASIDE SUPPLY SIDE AND ITS ROLE IN THE DETERMINATION OF OUTPUT AND EMPLOYMENT
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itself. 4. An enhancement of the learner’s own personal experiences as important contributing elements to classroom learning. 5. An attempt to link classroom language learning with language activities outside the classroom. The Communicative Approach emphasizes that the ability to use language appropriately is another essential aspect of communicative competence. The principle applied here is that grammatical competence and lexical knowledge are not enough to enable students to operate efficiently
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Humanistic The humanistic approach studies the whole of an individual including their uniqueness. Psychologists look at a human’s behaviour not only through the eyes of the observer‚ but also through the eyes of the individual displaying the behaviour. Psychologists believe that an individual’s behaviour is connected to their feelings and self-concept. The humanistic theory focuses on reinforcement of stimulus-response behaviour. The hierarchy of needs is one of the best known theories of motivation
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Many people respond to conflict in many different ways. Some welcome it and want it to happen like V from V for Vendetta he wants the people to have a voice he wants them to be upset. In things fall apart Okonkwo doesn’t want trouble but if it arises he wants to fight it. Some people hide from conflict like Castiel from Supernatural season seven he doesn’t like violence (even if afterwards he becomes a massive killing machine after taking in all the souls of Purgatory becoming like “God”.) In man
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manufacturing operations of Toyota Motor Manufacturing Australia Ltd.‚ an Australian subsidiary of Toyota Motor Corporation‚ from the point of view of “emergent global strategy”. It is based on an exploratory case study. In the field of strategic management‚ the notion of “strategy as plan” has been a prevalent idea for many years‚ in which strategic intent precedes strategic implementation (Andrews‚ 1980‚ Hofer and Schendel‚ 1978‚ etc.). There has been another concept of strategy concepts‚ “strategy
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Qus4. What are the assumptions of MM approach? Ans. Assumption of the MM approach The MM approach to irrelevance of dividend is based on the following assumptions: * The capital markets are perfect and the investors behave rationally. * All information is freely available to all the investors. * There is no transaction cost. * Securities are divisible and can be split into any fraction. No investor can affect the market price. * There are no taxes and no flotation cost. * The firm
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Handling Conflict According to our text‚ Management Leading and Collaborating in a Competitive World‚ by Thomas Bateman and Scott Snell‚ there are five approaches to handling conflict. The five approaches are avoidance‚ accommodation‚ competition‚ compromise‚ and collaboration. Handling conflict through avoidance is simply not addressing the problem or acknowledging there is a problem. Basically‚ nothing is being done to satisfy either party. Handling conflict through accommodation is when someone
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Integrated Education: An Instrument for Resolving Ife-Modakeke Conflict in Osun State‚ Nigeria Shina Olayiwola‚ Department of Educational Administration and Planning‚ Obafemi Awolowo University (Ile-Ife‚ Nigeria) Ndukaku Okorie‚ Department of Philosophy‚ Obafemi Awolowo University (Ile-Ife‚ Nigeria) Opinion Paper Abstract: Ife and Modakeke communities in Southwestern Nigeria have engaged in protracted communal violence. The conflict has grown and matured to the extent that it is no longer a physical
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