...Giving Credit Where Credit is Due Foundations for Doctoral Study in Business (BTM7107-8) Ransford Addo Northcentral University Dr. Francis Maffei lll Introduction This research identifies two business professionals, Michael Dell and Andy Grove; their main contributions to their fields; the resistance that each encountered in presenting and furthering their programs; the similarities and differences in their stories; and finally, the factors that may have impacted their success. Michael Dell Michael Dell is founder and CEO of Dell Corporation, a fortune 500 company which was the number one stock of the 1990s, soaring almost 90,000 percent (Krames, 2003, p. 58-59). Dell discovered his entrepreneurial abilities early in life when at 12 years, he issued his first product catalog, the Dell Stamps (Krames, 2003, p. 58). Dell has contributed positively to the technological industry by not only building computers, but also showcasing his outstanding entrepreneurial abilities. Through mass customization, Dell revolutionized the industry. According to Draft (2013), “mass customization refers to using mass-production technology to quickly and cost-effectively assemble goods that are uniquely designed to fit the demands of individual customers” (p. 31). Mass customization enabled Dell to achieve significant savings by eliminating intermediaries. Through customer segmentation, Dell was able to determine the needs...
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...Time Management Worksheet Time 7:00 8:00 9:00 10:00 11:00 12:00 1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 10:00 11:00 Sunday Monday Tuesday Wednesday Thursday Friday Saturday How to Use the Time Management Worksheet PART A: Identify Obligated Time 1. 2. 3. 4. 5. 6. Fill in all of your classes. Fill in the hours you work Fill in the time it takes to get ready and travel between home, school, and work. Fill in any other regular appointments (church, transporting children, etc.) Fill in a Lunch and Dinner Break. Include time for food preparation Establish a set time to go to sleep and get up in the morning PART B: Identify Free Time 1. 2. 3. 4. 5. 6. Assign time for studying for each class. Allow 3-4 hours for each hour spent in class per week. Try to study for classes on the days they meet. Use large blocks for major tasks, smaller blocks for reviews. Schedule regular breaks and rewards for completing a task—don’t marathon study. Schedule fun events-- recreation, watching television, going out with friends. PART C: Analyze Your Situation 1. 2. 3. 4. Have you found “hidden time” you didn’t know you had? Is there enough time available to study for all your classes? If your schedule cannot accommodate all the demands on your time, see a counselor. If your schedule looks reasonable, then stick to it! If You Need Help Using This Worksheet: 1. The Academic Achievement Center has completed examples of this worksheet as well as books and video tapes that will give you additional...
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...distract your audience, so you should try to avoid wordiness or clichés, and misused words in academic and professional writing. Writing academically and professionally helps improve communication in both the classroom and workplace. Why is integrity important in writing? Integrity is important in writing because it displays writing honestly. This means giving credit where credit is due, acknowledge others for their role in helping you. This can help your instructors and fellow classmates feel comfortable with your work without thinking there is cheating by not acknowledging other people’s work or dishonest practices. Your integrity is what is going to come into play when you are writing, it will keep you from making poor decisions in your writing. How can you avoid plagiarism? I can avoid plagiarism by giving credit where credit is due, which means citing my resources and sites that I receive information from to complete my writing assignments. When writing papers and using sources you can avoid plagiarism by knowing what must be documented. If using an authors true words and phrases place those words within quotation marks and credit resources. Knowing if the information you are writing or using is common knowledge are not can also help avoid plagiarism. Common knowledge is factual information considered to be public knowledge, such as birth and death dates. Plagiarism is a very serious accusation and as college students we need to know what we can do to keep us...
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...are the Fair Credit Reporting Act of 1970 and the Telephone Consumer Protection Act (TCPA) of 1991. This paper will explain why these Acts were created and what they are to protect against. The Fair Credit Reporting Act of 1970 was created to promote accuracy, fairness, and the right to privacy of personal information assembled by Credit Reporting Agencies. These agencies create and compile information into reports on individuals and companies for businesses who may be issuing lines of credit or any other business dealing with lending money or receiving payments. Requesting these credit reports include organizations such as credit card companies, banks, employers, and in many cases landlords. What the Fair Credit Reporting Act of 1970 does is provides important protection for consumer investigatory reports, credit reports, and employment background checks. The Act was created due to the growth of the Retail credit industry and their ability to buy many of the smaller credit reporting agencies that were now expanding their business to insurers and employers. This gave them the power to deny services and opportunities without giving an individual a reason why and would not allow them to view the report. Many of these agencies began requiring their investigators to fill quotas on negative and sometimes incomplete information on individuals these investigators were also fabricating some of their information to meet their quotas. The Act requires that credit reporting agencies...
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...In her article, Should Partial Credit Be Awarded on Tests? Lynne Gregorio asks just that. “This is a debatable subject. Math teachers seem to be on one side or the other” (Gregorio). While some teachers think that tests should be graded on the correctness of the final answers only, others believe that if the student has the correct concepts but makes a simple calculator error, then they should get partial credit. This makes sense. One should not penalize a student for pressing the wrong button on the calculator. I believe that teachers should award partial credit on tests because giving partial credit proves what students actually knows, gives positive feedback to help improve their attitudes and efforts, and doesn’t penalize students for making simple calculator errors. Partial credit should be awarded to students because it shows what the students actually know. What they actually know may be how to do the wanted concept, or it may be a different concept but the concept still works. “Partial credit is not awarded evenly ”(Gregorio). So, The student who knew how to do the wanted concept, but got the answer wrong, would get more credit than the student who got the right answer but did not do the wanted concept because the test was over the concept and not on getting the right answers. Therefore, when awarding partial credit, it is fair to...
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...Pre-contractual Explanations It is important that you read these pre-contractual explanations for the credit agreement with Premium Credit Ltd carefully. You should also read the pre-contract credit information provided with the credit agreement. They explain the key features of the credit agreement to help you decide whether our product is suitable for your needs and financial situation. 1. What the agreement is for You can use the credit agreement to finance the payment for different Services, such as insurance policies, school fees, professional membership fees and club fees. However we must agree each use of the credit agreement in this way. We will tell you on request whether we are willing to finance any particular Service (or any Service arranged by a particular intermediary). 2. How much does it cost? Each time that you use the credit agreement to pay for a Service we will charge you a Transaction Fee and we may charge a Facility Fee. The Transaction Fee is a percentage of the amount that you borrow to pay for that Service. We will tell you the percentage that we will apply, and the amount of the Transaction Fee, for each Service that you finance. The percentage may change for each Service that you finance. The Facility Fee is a flat fee that is payable for each Transaction and is payable unless we tell you otherwise. If the Transaction is not for business purposes then the Facility Fee will be £0. If your Transaction is for business purposes then it will be £5 if...
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...responsible for the sub-prime crisis during the period of 2008 to 2009. This essay will be discussing the parties responsible for the sub-prime crisis and how the different party’s action causes others to go deeper into the bad situation. Sub-prime is a course of action of borrowers with a defamation or deficient record. Moneylenders will utilize a prestige scoring framework to close which credits a borrower may fit the bill for. Sub-prime credits convey more credit danger, and in that capacity, will convey much higher investment rates also. The US sub-prime home loan emergency was the catalysis of the discriminating emergency and later cause the subsidence that started in 2008. The reason for sub-prime emergency rise up out of sub-prime credits or otherwise called sub-prime home loan, the improvement of this credit began broadening amid the 1990s and such weight is ordinarily seen in programmed auto advances, home value which are lodging credits and home loan giving. Sub-prime credits are higher-danger advances named B to D credits, where D credit being the most noticeably awful credit which brings about a higher investment rate, which additionally mean a higher danger to the banks. Anyhow it appear to be not to be a load issue, from the notion of the finical organization who loan out the cash. In the past, banks would only offer home equity which are housing loans to qualified home owners after evaluating or computing their creditworthiness, net disposable income and ability...
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...Principles of Business Credit Abraham Serrano Credit and Collections Manager February 16, 2012 TABLE OF CONTENTS Page MISSION STATEMENT i CREDIT DEPARTMENT CREDIT POLICY ii COLLECTION CYCLE iii ACCOUNT RECEIVABLES COLLECTION POLICY iv JOB DESCRIPTION v Mission statement Our goal is to treat our employees, customers and investors with the utmost respect by creating an innovative workplace that... * Fosters employee decision making and establishes an environment where employees value themselves, their coworkers and our customers. * Allows our customers to receive competitive pricing and timely, accurate and proactive customer service. * Allows our investors to earn exceptional returns on their investment while being proud of their Company's community reputation and its treatment of employees. Summary We are very proud of our Mission Statement. It is a true profile of who we are as a company. Every day we strive to become better at what we do and that is taking care of our customers internally and externally. Internally, we are able to find the potential in our employees and help them become better at what they do. We use and provide top of the line equipment and infrastructure to give our employees the ability to succeed and grow within the company. Externally we’ve been recognized in the last 5 years for our great Customer Service (how? JD Powers...
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...CONCURRENCE OF CREDITS, definition. It implies possession by two or more creditors of equal right or privileges over the same property or all of the property of a debtor. PREFERENCE OF CREDIT, definition. It is the right held by a creditor to be preferred in the payment of his claim above other out of the debtor’s assets. NATURE AND EFFECT OF PREFERENCE 1. A preference is an exception to the general rule. For this reason, the law as to preferences is strictly construed. 2. Preference does not create an interest in property. It creates simply a right of one creditor to be paid first the proceeds of the sale of property as against another creditor. 3. The law does not give the creditor who has a preference a right to take the property or sell it as against another creditor. It is not a question who takes or sells, it is one of the application of the proceeds after the sale—of payment of the debt. 4. The right of preference is one which can be made only by being asserted and maintained. If the right claimed is not asserted or maintained, it is lost. 5. Where a creditor released his levy, leaving the property in possession of the debtor, thereby indicating that he did not intend to press his claim further as to that specific property, after that act, his claim to preference, if one had been asserted y him, could not exist because he had ceased to contest. WHEN RULE OF PREFERENCE APPLICABLE 1. Apply only where two...
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...them off as the product of one’s own mind” (Black & Nolan, 1990, p. 1150). Stated another way, plagiarism is the pilfering of another’s hard work, while taking the credit for oneself. ‘The word ‘plagiarism’ comes from the Latin word plagiarius, which means ‘kidnapper.’ Writers commit plagiarism when they ‘kidnap’ someone else's work without acknowledging the source” (Hooker, 2006). First of all there are countless explanations for why a student may plagiarize, in some cases students are just plain lazy and don’t want to go through the creative process, exerting the meticulous hard work that good writing requires. There are students that suffer from poor time management skills failing to realize the amount of study and research required to deliver a genuine analysis. Likewise there are those that persist in poor note taking habits, leaving out important bits of information here and there causing confusion when it’s time to put it all together. Additionally there are students who are unaware of proper citation technique (What is Plagiarism?, n.d.). Meanwhile, plagiarism falls into one of two categories, one is intentional plagiarism, and the other is unintentional plagiarism. In the case of intentional plagiarism the writer or student knowingly uses the work of someone else, without citing the source or giving credit to the original author, to include internet paper mills, and commonly take place in the case of the lazy student or when the student has poor time management habits...
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...SWOTT Analysis Introduction The number one question that pops into people's minds when deciding on where they are going to open up a checking account is what is the difference between a credit union and bank. Many people are unaware of the true differences that stand between banks and credit unions and generally go with the bank logo they see the most due to convenience. The difference is simple, banks are for profit financial institutions, and credit unions are not-for-profit financial institutions. Majority of credit unions are able to offer lower rates on all products and services offered due to being member owned, not stockholder owned. Most customers receiving a service in a bank considers them just a number and not an actual customer because it based on making money not creating a lasting impression. "Arizona Federal was established on October 23, 1936 when a small group of City of Phoenix employees pooled their resources to form Phoenix City Employees Federal Credit Union. They started with fewer than 50 members and an average account balance of $5. The credit union has since expanded to manage over $1.3 billion in assets from 200,000 member accounts in 15 branch locations" ( Arizona Federal, 2010 ). |Strengths |Weaknesses | |Great Member Service |Employee Retention ...
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...Credit Where Credit is Due As a doctoral student, you’ll be spending enormous amounts of time reading, analyzing, and critiquing the work of scholars and researchers in your field. As you write about the ideas and research of others, you need to give credit where credit is due. That is, you need to be scrupulously clear when an idea, sentence, or phrase that you use is something you have read in the work of other scholars and not something you composed yourself. Before you dive into reading and analyzing research we want to ensure that you have the skills to ensure academic integrity in your work and give credit where credit is due. Many people think of plagiarism as simply copying the work of others and not giving credit (that is, not citing where the idea came from), but the most common Academic Integrity violation at Northcentral is related to improper paraphrasing (that is copying the work of others nearly word-for-word, or simply rearranging their words, even when you give credit to the source). To paraphrase correctly, you need to carefully read the material, think about it, and then express the idea in your own words. In this week, you will learn more about Northcentral University’s Academic Integrity Policy, how Northcentral deals with Academic Integrity violations, and what you can do to avoid all forms of plagiarism, intentional and unintentional. As a bonus, you’ll also consider the firsthand accounts of the professional development of two innovative and successful...
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...instrument: equities. According to the author, Equity derivatives were the hottest financial instrument in the 90’s. Author quotes the situation as, “I came from a bond background where you put up your money, you know what interest you get, and at the end, you get your money back. With shares, the only similarity to this is that you put up the money. You have no guarantee that the company will pay dividends or how much, if any; you don't get your [same] money back, ever. If you want your money back you need to find another punter to buy the stock from you. The company can issue new shares, reduce the value of your holdings, they can buy back shares, they can change your rights. And if things go wrong, everybody gets paid before you do, you are the last one in line". The author states that Derivative market is all a game of “unknown unknown”, wherein the nature of shares, risk of dilution of shares, and the way dividends are paid out and taxed have to be understood, but those who know it, it provides endless opportunities to them. He exemplifies his statement by giving the case of “BILLION DOLLAR BABY” wherein the UK Banks were rumored to have lost about $1 billion, in equity derivatives in the name of tax treatment of dividends. In this case, the foreign investor was not allowed to enjoy the tax credit facility that the UK investors enjoyed, in form of dividends to their investment. Stock Dealers intervened into the situation and tried to gain from it and on the other hand...
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...Principles of Managerial Finance Solution Lawrence J. Gitman CHAPTER 15 Curent Liabilities Management Instructor’s RESOURCES Overview This chapter introduces the fundamentals and describes the interrelationship of net working capital, profitability, and risk in managing the firm's current liability accounts. The management of current liabilities requires choosing appropriate levels of financing and involves trade-offs between risk and profitability. This chapter also reviews sources of secured and unsecured short-term financing, including the role of international loans. Spontaneous sources, such as accounts payable and accruals, are differentiated from negotiated bank sources, such as lines of credit. The cash discount offered on accounts payable and the costs of forgoing the discount are described. Secured sources include bank and commercial finance company loans backed by collateral such as inventory or accounts receivable. PMF DISK This chapter's topics are not covered on the PMF Tutor or the PMF Problem-Solver. PMF Templates The following spreadsheet template is provided: Problem 15-8 Topic Cost of bank loan Find out more at www.kawsarbd1.weebly.com 393 Last saved and edited by Md.Kawsar Siddiqui Part 5 Short-Term Financial Decisions Study Guide The following Study Guide examples are suggested for classroom presentation: Example 1 4 Topic Loss of loan discounts Accounts receivable as collateral Find out more at www.kawsarbd1.weebly.com 394 ...
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...Credit Policy of Ghana Commercial Bank THE CREDIT POLICY The credit policy of Ghana Commercial Bank Ltd is aimed at maintaining acceptable credit standards by holding reasonable risk limits, evaluating new business opportunities, complying with regulatory requirements and providing adequate liquidity for the effective running of the bank. This aim is achieved through the following objectives: 1. Attract and maintain a High Quality Portfolio of Assets 2. Efficiently manage its assets to ensure liquidity 3. Finance the needs of Corporate, medium and small scale as well as individual clients. 4. Join syndicates with other banks and financial institutions. The importance of these objectives is to ensure that clients who borrow from the bank have the ability to repay the funds they borrow on schedule and with interest. Businesses that borrow from the bank should demonstrate an ability to repay from their current and future net cash flows of the business. Individual client's repayments depend also on their personal cash inflows basically being their salaries. Another importance is the need to avoid bad debt as much as possible by not giving credit to clients who are likely to be unable to repay due to their peculiar circumstances. Also the bank must ensure that at all times it is able to meet its obligations to depositors since its stock in trade is money. This it does by diversifying loans it has given (assets) to have a wide array of maturity profiles. Also it ensures...
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