Capital budgeting refers to the total process of generating‚ evaluating‚ selecting and following up on capital expenditure alternatives. The firm allocates or budgets financial resources to new investment proposals. Basically‚ the firm may be confronted with three types of capital budgeting decisions i) the accept/reject decision‚ ii) the mutually exclusively choice decision and iii) the capital rationing decision. i) Asset – reject decision: This is a fundamental decision in capital budgeting
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Biological and Humanistic Approaches to Personality Abraham Maslow and Carl Rogers agreed with the Maslow’s hierarchy of needs‚ biological and humanistic approach. “The hierarchy of needs theory remains valid today for understanding human motivation‚ management training‚ and personal development” (Orana‚ 2009). Maslow’s book Personality and Motivation were published in 1954 introducing his theory of the hierarchy of needs. Abraham Maslow Abraham Maslow (1908-1970) the hierarchy of needs was introduced
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Learning approach for first year students in university The essay examines the comparison of surface approach and deep approach used in university students. As a fact‚ many first year students‚ regardless of majors‚ adopt surface approaches to learning. However‚ universities encourage students to accept a deep approach to learn rather than surface approach. Therefore‚ many first year students face a challenge to use which approach to achieve high academic grades. The essay presents the two opposite
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2.1 Introduction The nature of the comparative approach At a basic level the comparative approach is simply one of making comparisons‚ something we do constantly in our everyday lives. Thinking‚ and learning‚ by making comparisons is a very natural and intuitive process for us. We use comparisons extensively in our daily thinking and interactions with people and various objects. However‚ making comparisons is not necessarily easy or without its pitfalls.
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HUMAN RESOURCES MANAGEMENT “HOW TO IMPROVE YOUR EMPLOYABILITY BASED ON YOUR OWN CAREER PLANNING” The job market is immersed in a dynamic where contracts tend to disappear for life and the gradual progress towards employment flexibility. This forces us to be as well prepared as possible to cope with these changes and therefore is highly desirable to have a high employability. Usually when companies seek candidates for a job still value a number of basic features such as: experience‚ a strong
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Differentiate these approaches based upon: – Philosophical assumptions – Paradigm stances – Interpretive theory‚ framework or “lens” of the researcher © 2008 Kimberly Galt Objectives (continued) • Describe the research process: – Design – Data collection – Data analysis – Data results – Interpretation of findings – Presentation of findings • Discuss how the research question drives the selection of each approach • Describe how the research process relates to each approach © 2008 Kimberly Galt
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Deming’s Approach to Management I Basic Philosophy Deming’s theory of management details the steps that must be taken to transform a company’s quality culture. It is a theory that means it is insufficient to simply solve problems that arise. A culture of continuous improvement must be established and maintained with the overall goal of achieving customer satisfaction. Along with the fourteen basic points of his theory of management‚ Deming also defines what he calls the deadly sins and diseases
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Cognitive approach The cognitive approach focuses on the way information is processed by humans. It looks at how we as individuals treat information and how it leads to responses. Cognitive psychologists study internal processes such as attention‚ language‚ memory‚ thinking and perception. The main assumption of this approach is that in when information is received it is then processed by the brain and this processing directs how we as individuals behave or justify why we behave the way we
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A critical look at the Communicative Approach (1) Michael Swan This (the first of two articles) examines some of the more theoretical ideas underlying the ‘Communicative Approach‘. These include the belief that we should teach ‘use’ as well as ‘meaning; and some attitudes regarding the teaching of ‘skills’ and ‘strategies’. A second article will deal with more pedagogical aspects of the approach‚ especially the idea of a ‘semantic syllabus’ and the question of ‘authenticity’ in materials and methodology
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ACCT556 Budgeting Project TO THE STUDENT Fantastic‚ Inc. is a case study which allows you to incorporate numerous financial and managerial accounting concepts into a single business setting. You will take the position of the company controller who will prepare the budget for the year ended December 31‚ 2006‚ using the actual data from 2001 through 2005 and information given to you by various departments. You will prepare a report for the president of the company describing the strengths and
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