...how accountants measure opportunity Managers in the business world seldom have the luxury of being able to assess true opportunity cost because estimating opportunity costs would require the decision maker to evaluate all possible decisions and determining relevant values for each one. For example, the decision to replace old equipment with new equipment might contain the following possibilities: rebuilding or improve existing equipment; purchase new equipment; lease new equipment; or do nothing. Similarly, there are many other decisions and evaluating all of the possibilities would be extremely costly. So, managers often rely upon accounting costs as estimates of opportunity cost to save time and money. Accounting costs and Inventory costs A type of accounting process that aims to capture a company's costs of production by assessing the input costs of each step of production as well as fixed costs such as depreciation of capital equipment is referred as accounting cost. Cost accounting will first measure and record these costs individually, then compare input results to output or actual results to aid company management in measuring financial performance. They are backward looking. The purpose of accounting cost is to clearly reflect the economic reality to investors and creditors and also serve in tax preparation. On the other hand the cost of holding goods in stock. Expressed usually as a percentage of the inventory value, it includes capital, warehousing, depreciation...
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...Management Information Systems MANAGING THE DIGITAL FIRM, 12TH EDITION GLOBAL EDITION Chapter 6 FOUNDATIONS OF BUSINESS INTELLIGENCE: DATABASES AND INFORMATION MANAGEMENT Management Information Systems CHAPTER 6: FOUNDATIONS OF BUSINESS INTELLIGENCE: DATABASES AND INFORMATION MANAGEMENT Learning Objectives • Describe how the problems of managing data resources in a traditional file environment are solved by a database management system • Describe the capabilities and value of a database management system • Apply important database design principles • Evaluate tools and technologies for accessing information from databases to improve business performance and decision making • Assess the role of information policy, data administration, and data quality assurance in the management of a firm’s data resources 2 © Pearson Education 2012 Management Information Systems CHAPTER 6: FOUNDATIONS OF BUSINESS INTELLIGENCE: DATABASES AND INFORMATION MANAGEMENT Organizing Data in a Traditional File Environment • File organization concepts – – – – Database: Group of related files File: Group of records of same type Record: Group of related fields Field: Group of characters as word(s) or number • Describes an entity (person, place, thing on which we store information) • Attribute: Each characteristic, or quality, describing entity – E.g., Attributes Date or Grade belong to entity COURSE 3 © Pearson Education 2012 Management Information Systems CHAPTER 6: FOUNDATIONS...
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...The Foundations of Psychology Psychology is the scientific investigation of mental processes and behavior. Mental processes include how a person thinks, feels, remembers as well as a person’s behavior. When a doctor needs to understand a person they need to know the person’s biology, psychological experience, and cultural context. People’s experiences during their life from birth to adulthood are what shape how they feel and think. Early psychologists established several approaches and schools of thoughts of psychology. These schools of thought are known as the psychodynamic, behaviorist, cognitive and evolutionary perspectives. They came up with these by research and study which will be discussed throughout this paper. In many respects, these perceptions have progressed independently, and at the center of each are singularities the others tend to ignore (Kowalski & Westen, 2011). Despite their differences, each school of thought sought evolution for psychology as well as advancement of human understanding while remaining focused on the unique characteristics of contemporary psychology. Psychodynamic Perspective. The psychodynamic perspective belief is that most of the mental processes and emotions happen at the unconscious or subconscious levels, meaning below conscious awareness. Sigmund Freud was one of the most influential thinkers in the early twentieth century whose work in the psychodynamic...
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...MI40-Foundation Training System Review MI40-Foundation Training System Introduction Whether you are lifting weights as part of an overall health improvement goal or if you are looking to get into competitive bodybuilding, you need to be sure that you are exercising properly. More people fail because they don’t have an adequate goal and plan for working out. If you look on the Internet you will no doubt find hundreds if not thousands of training programs are promoted. Being able to find one that delivers on all of its promises and that is easy to follow is not that easy. Far too many of the weight training programs and systems that you will see on the Internet are nothing more than scams. Being able to find the right system that will...
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...Framework for 21st Century Learning The Partnership for 21st Century Skills has developed a vision for student success in the new global economy. 21st Century Student Outcomes and Support Systems 21ST CENTURY STUDENT OUTCOMES To help practitioners integrate skills into the teaching of core academic subjects, the Partnership has developed a unified, collective vision for learning known as the Framework for 21st Century Learning. This Framework describes the skills, knowledge and expertise students must master to succeed in work and life; it is a blend of content knowledge, specific skills, expertise and literacies. Every 21st century skills implementation requires the development of core academic subject knowledge and understanding among all students. Those who can think critically and communicate effectively must build on a base of core academic subject knowledge. Within the context of core knowledge instruction, students must also learn the essential skills for success in today’s world, such as critical thinking, problem solving, communication and collaboration. When a school or district builds on this foundation, combining the entire Framework with the necessary support systems—standards, assessments, curriculum and instruction, professional development and learning environments—students are more engaged in the learning process and graduate better prepared to thrive in today’s global economy. Publication date: 12/09 177 N. Church Avenue, Suite 305 Tucson, AZ 85701 ...
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...Foundations of Psychology Dorothy Forrest June 8, 2012 Sarah Bihms Foundations of Psychology The miscellaneous condition of psychology is a scientific investigation of humankind mind, body, and behavior. Psychology includes different departments of psychology to apprehend and supervise observations on the mental technique of a person mind and behavior. Psychology is regularly used to establish the secrecy of the human behavior. Observation was the way to study a person mind to become aware of the mental conscious and unconscious states. As time went by psychology was established, alone with some major schools of thoughts. The paper below will examine the foundation of psychology, identify the major schools of thought in psychology, and examine their major underlying assumptions such as, behaviorism, psychoanalytic/psychodynamic, humanistic, and cognitive. In addition, it will identify the primary biological foundations of psychology linked to behavior such as, brain, central nervous system, peripheral nervous System, and genetics/evolution. Behavioral Theory Behavioral psychology, also known as behaviorism, is a learning theory established on the notion that behaviors are gathered by conditioning. Conditioning develops from influenced of the environment. There are two major types of conditioning classical and operant. Classical conditioning is a procedure used in behavioral training where a naturally stimulus is paired with a response. Operant conditioning...
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...Foundations of Psychology In early years, there were two schools of thought called structuralism and functionalism. Structuralism is the area of psychology that studies the elements of consciousness, and functionalism studies how an individual adapts to his or her environment. These perspectives were founded in early years, but they did not end there (Kowalski & Westen, 2009, p. 10). Currently, there are four major schools of thought that guide psychological thinking. The following paper analyzes their underlying assumptions along with how the primary biological foundations of psychology are linked to an individual’s behavior. The first perspective is called the psychodynamic perspective. Psychodynamic Perspective The psychodynamic perspective proposes that people’s actions reflect the way thoughts, feelings, and wishes are associated in their minds; that many of these processes are unconscious; and that mental processes can conflict with one another, leading to compromises among competing motives (Kowalski & Westen, 2009, p. 14). This perspective focuses on the role of the unconscious mind. People have conscious desires and reasons for acting the way they do; however, there are unconscious motives that underlie their conscious intentions (Kowalski & Westen, 2009, p. 13). The next perspective is the behaviorist perspective. Behaviorist Perspective The behaviorist perspective focuses on the way objects or events in the environment come to control behavior (Kowalski...
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...I. Definition of the Subject The scope of this project is to assume that I am approached by the executive of my committee to report on the strategic implications of the information technology on our business over the next three years. I have chosen the subject of Business Intelligence as a Service, which is a branch of IS Management and includes data mining, database management systems, social media and information collection, and lastly in the scope of this project, I will write about Visual Analytics, an output or end result which is what the company I have chosen to write about is in need of. II. Background of Company Within the scope of the project, I have chosen to represent a Not For Profit association which is responsible for raising funds and awareness about cancer. We will be called the Prashant Foundation for Cancer Research. Founded in 2008, our organization consists of many volunteers who have different capabilities and skills which help the organization run, as well as an executive administration which runs the operations with members with backgrounds in management, entrepreneurship, law and medical research as well. The issue that we have is with our database management system, and information management in general . We have been active for 3 years, and need a strategic plan for organizing our data in a way which can benefit us so that we can grow the organization by increasing visibility, increasing funding and donations, and growing the pool of victims so that...
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...business. Their mission is to help other businesses increase their revenue by providing them with top quality websites for their customers. In addition, they own over 250,000 of proprietary images, and graphical designs. These designs are customized for every industry and demographic. Their business process is quite simple. They have a server at the Company Headquarters, where they store all of their proprietary data (including images, scripts, templates, etc). They utilize a Microsoft Visual Studio Team Foundation Service (TFS) server to manage their content and the progress of the project. “Team Foundation is a set of tools and technologies that enable a team to collaborate and coordinate their efforts on building a product or completing a project. Team Foundation enhances team communication, tracks work status, supports team roles, enacts the team process, and integrates team tools.” (Microsoft.com (2011) Team Foundation Overview) In addition to the Team Foundation, they also utilize Visual Studio to code, and build the websites. These resources are accesses through different methods. Those methods include WAN connection, VPN connection through a remote office, and through the corporate office via LAN. They also have other services such as Outlook Web Access for E-mail that is accessed via the methods mentioned above. They have also created security control measures that are published through the corporate security manual. Two Security Vulnerabilities Software Vulnerability ...
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...moral foundations and explain how this line of research helps explain fundamental differences between liberals and conservatives. How do these differences help explain “culture war” attitudes? Haidt’s five moral foundations can be grouped into two separate foundations; individualizing foundations and binding foundations. Individualizing foundations include; harm/care and fairness/reciprocity. When searching for the best candidate foundations Haidt and Joseph looked for cases of moral concerns which existed across cultures which could be valid explanations of psychological mechanisms. Haidt referenced Trivers in saying “The widespread human obsession with fairness, reciprocity, and justice fits well with evolutionary writings about reciprocal altruism” and also...
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...Module I Development Processes Information Technologies Foundation Concepts FOUNDATIONS OF INFORMATION SYSTEMS IN BUSINESS Ch apt er Highligh t s L ea r n i n g O bj ect i v e s Section I Foundation Concepts: Information Systems in Business 1. Understand the concept of a system and how it relates to information systems. 2. Explain why knowledge of information systems is important for business professionals, and identify five areas of information systems knowledge that they need. 3. Give examples to illustrate how the business applications of information systems can support a firm’s business processes, managerial decision making, and strategies for competitive advantage. 4. Provide examples of several major types of information systems from your experiences with business organizations in the real world. 5. Identify several challenges that a business manager might face in managing the successful and ethical development and use of information technology in a business. 6. Provide examples of the components of real world information systems. Illustrate that in an information system, people use hardware, software, data, and networks as resources to perform input, processing, output, storage, and control activities that transform data resources into information products. 7. Demonstrate familiarity with the myriad of career opportunities in information systems. The Real World of Information Systems Real World Case: eCourier, Cablecom,...
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...John B. Lacson Foundation Maritime University-Molo, Inc. College of Business Iloilo City PROBLEMS ENCOUNTERED BY IRREGULAR STUDENTS AT JOHN B. LACSON FOUNDATION MARITIME UNIVERSITY-MOLO, INC. John B. Lacson Foundation Maritime University-Molo, Inc. College of Business Iloilo City Acknowledgement The researchers gratefully acknowledge the valuable contributions of the following persons in the realization of this work Eng. Glenito L. Pador, D., Dean of college of Business for allowing the researchers to administer the research questionnaire. John B. Lacson Foundation Maritime University-Molo, Inc. College of Business Iloilo City Table of Contents John B. Lacson Foundation Maritime University-Molo, Inc. College of Business Iloilo City List of Figure John B. Lacson Foundation Maritime University-Molo, Inc. College of Business Iloilo City List of Appendices John B. Lacson Foundation Maritime University-Molo, Inc. College of Business Iloilo City Chapter I Introduction of the Study Enrollment is a registration process prior to admission of students in an institution or a university. It involves the completion and submission of the applicant forms of enrollees. Likewise, the enrollment procedure of the transferees, second course takers, and those who had failed in their subjects have similarities with that of the regular students. De La Salle University- Dasmariñas is a well- known university in Cavite. And inthat, the researchers...
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...In Your Browser http://www.homeworkwarehouse.com/downloads/bshs-325-entire-course/ For Any Information or Any Class Which you Did not find on Our Website, Just Hit US Email On below address Visit : www.homeworkwarehouse.com Email Us : Homeworkwarehouse@gmail.com BSHS 325 Entire Course BSHS 325 Week 1 Discussion Questions BSHS 325 Week 1 foundations of human development BSHS 325 Week 1 foundations of human development Worksheet BSHS 325 Week 2 Adolescent Self Portrait Presentation BSHS 325 Week 2 Discussion Questions BSHS 325 Week 2 What is bullying BSHS 325 Week 3 case study Tina BSHS 325 Week 3 Discussion Questions BSHS 325 Week 3 physical development in middle adulthood BSHS 325 Week 4 death brochure BSHS 325 Week 4 Discussion Questions BSHS 325 Week 4 Older generation BSHS 325 Week 5 Discussion Questions BSHS 325 Week 5 Family Systems Presentation BSHS 325 Week 5 Systems theory BSHS 325 Entire Course To Purchase this Tutorial Copy And Paste Below Link In Your Browser http://www.homeworkwarehouse.com/downloads/bshs-325-entire-course/ For Any Information or Any Class Which you Did not find on Our Website, Just Hit US Email On below address Visit : www.homeworkwarehouse.com Email Us : Homeworkwarehouse@gmail.com BSHS 325 Entire Course BSHS 325 Week 1 Discussion Questions BSHS 325 Week 1 foundations of human development BSHS 325 Week 1 foundations of human development Worksheet BSHS 325 Week 2 Adolescent Self Portrait Presentation BSHS 325...
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...Foundations of psychology By: Ashley Chandler December 23rd, 2012 Abstract My goal during this essay are Identifying the major schools of thought in psychology and we will examine their major underlying assumptions. I will also identify the primary biological foundations of psychology linked to behavior. There are so many parts to psychology that are completely different it is important to know that psychology is a science. Theoretical science but still a science non-the less; each of the four schools of thought are different in many ways, and each school of thought has their own specialist like anything else. Example; “It’s like a doctor, it’s not any doctor its one you have to see specifically like an OB or a neurologist.” In psychology there are four major schools of thought evolutionary, psychodynamic, cognitive and Behavioral, along with the biological foundations...
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...Gates Foundation was established in 2000 by its namesake, Bill Gates, and his wife Melinda. The couple created the foundation “to help reduce inequities in the United States and around the world.”1 It is headquartered in Seattle, Washing and is co-chaired by Bill, Melinda and William Gates Sr. Since its founding the foundation has accrued an incredible $31.9 billion and has a net worth of almost $50 billion. With such spending power, the foundation has been able to make great progress, particularly in the areas of global health. It has also made a sincere effort to improve many public school systems in the US. The foundation is organized much like a corporation, with a hierarchy that contains several tiers of officers. Bill Gates is the founder and co-chair of the institution and is well known for being the richest man of the world. He began his entrepreneurial career as the CEO of Microsoft where he developed the operating system MS-DOS. He went on to create the most popular group of programs in existence, including Windows and Office. He has been named many different things during his life, including “genius” and “evil.” Paranoid theories aside, it is hard to dispute that he has not changed the world in an extremely significant way, and has profited wildly from doing so. He has already announced that in 2008 he plans to step down from Microsoft as CEO so he can focus his efforts towards the Gates Foundation. Melinda Gates is Bill’s wife, and a co-chair of the foundation. She...
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