transformer. 1. INTRODUCTION A project to manufacture‚ deliver and install a large power transformer is time and resource (material and labour) consuming‚ relies on services and products provided by more than one supplier‚ involves multiple expertise‚ and costs tens of millions of Rands. If a transformer fails‚ the cost of rectification can go as high as over 70% of the price of a new one. By so saying‚ risk management and contingency planning plays a key role in the management of such a project
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The primary goal of the formation of a business is to produce a profit for its shareholders and to create return for its investors. Although this is the primary goal‚ it is not the only one. Businesses often become too focused on the bottom line that they forget about the things that will really make them successful. An entity must not only focus on its shareholders‚ but all of its stakeholders: owners‚ investors‚ creditors‚ suppliers‚ customers‚ employees‚ the government‚ and even the community
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Running head: Mama’s Bakery Mama’s Bakery Oneida Berrios Western Governor’s University Mama’s Bakery Mama’s Bakery is a home based bakery that began in 2013. The owner creates cakes‚ cookies‚ cupcakes‚ and Hispanic pastries. The patrons that frequent her services are churches‚ fundraisers and others that come to her home. Her business started as a hobby and a means for the baker to get out of the house. After going through an eight week session of cake decorating‚ she realized
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Globalization can be defined as the process of worldwide integration through the exchange of products‚ ideas‚ and other aspects of culture. Globalization increases the development of a global economy through free trade‚ free flow of capital‚ and cheap foreign labor markets. Globalization began with the settlement of new land. Communication and transportation advances have impacted this process. Globalization can have a positive or negative impact on a culture. It can positively impact a culture with
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The two art periods that I chose are Baroque and Impressionism. Baroque art refers to the style that would be found in Europe and North and South America during the 17th and 18th century. The Catholic Church heavily influenced their art‚ as well as the Protestant rising up during this time. There was an emphasis on unity and harmony in all of the visual arts that often had themes from the Bible or stories. There was realism and more attention was paid to physical details in portrait paintings‚
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Assignment 1 by Paulina Malolepsza The parents of Anjum a little girl who is new to your setting moved to England only 3 months ago. Yours is the first setting that they have used for 18 month old Anjum. They have very little understanding of the legislation covering home based childcare or the role of the regulatory body. Consider 4 pieces of legislation that are important for home based childcares and how you would outline these to Anjum’s parents? How would you go about outlining the 4 different
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Lab #2 – Align Risk‚ Threats‚ & Vulnerabilities to COBIT P09 Risk Management Controls Learning Objectives and Outcomes Upon completing this lab‚ you will be able to: Define what COBIT (Control Objectives for Information and related Technology) P09 Risk Management is for an IT infrastructure Describe the 6 control objectives of COBIT P09 which are used as benchmarks for IT risk assessment and risk management Relate how threats and vulnerabilities align to the COBIT PO9 Risk Management definition for
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RISK MANAGEMENT WITH SPECIAL REFERENCE TO INVESTMENT RISKS INTRODUCTION Risk in holding securities is generally associated with possibility that realized returns will be less than the returns that were expected. The source of such disappointment is the failure of dividends (interest) or the securities price to materialize as expected. FORCES INFLUENCING INVESTMENT RISKS External Sources of Systematic Risk: In investments‚ those forces that are external to the firm‚ uncontrollable and broadly
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1. Identify the various and interdisciplinary members of these groups and organizations. The various and interdisciplinary members of the following groups and organizations (New York City Health Department‚ Bronx Community Health Network‚ Inc.‚ Ralph Lauren Center for Cancer Care and Prevention in Harlem‚ Boys Club and Girls Club) consist of city‚ state and federal employees‚ public officials‚ scientists‚ physicians‚ nurses‚ behavioral clinicians‚ social workers‚ school employees‚ hospital employees
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Typically businesses start up with a primary goal of earning revenue – to have the company profits exceed the cost of doing business. Small‚ local businesses are particularly susceptible to losing customers to large‚ corporate companies who often force these smaller companies out of business. Does this goal to make money and/or the susceptibility of being put out of business by a larger company excuse a small‚ local grocery store from filling its social responsibility? No‚ quite the contrary. It
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