...Introduction to Finance - 1 Instructor: Kevin Higgins Class Discussion Week 1 1-12-2015 Now that the basics of the financial planning process are clear, you are ready to learn the basic principles of the time value of money. Creating a financial plan is essential for proper financial planning. The following exercises will assist you in understanding the concept of time value of money. Download and complete this worksheet for problem 2 below which is taken from the Do the Math exercises on pages 30-31 of your textbook. Do the Math Problem #2: Present and Future Values. Rachael Berry, a freshman horticulture major at the University of Minnesota, has some financial questions for the next three years of school and beyond. (a) If Rachael’s tuition, fees, and expenditures for books this year total $12,000, what will they be during her senior year (three years from now), assuming costs rise 4 percent annually? Use Appendix A-1 on page A-4 of your textbook. (b) Rachael is applying for a scholarship currently valued at $5000. If she is awarded it at the end of the next year, how much is the scholarship worth in today's dollars, assuming inflation of 3 percent? Use Appendix A-2 on page A-6 of your textbook. (c) Rachael is already looking ahead to graduation and a job, and she wants to buy a new car not long after her graduation. If after graduation she begins an investment program of $2,400 per year in an investment yielding 6 percent, what will be the value of the...
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...Audit, it allows us to work with individuals who will have innovative ideas they learned in school that will give us a different persspective on what we do daily as Auditors. Position Description (Summary and Essential Day to Day Duties): The individual will be responsible to work beside an expierenced Auditor and participate in an audit. The person's ability to comprehend and execute will determine the level of responsibility they will acquire and how much they will learn. They will participate in the planning stage, fieldwork and wrap-up of audit engagements. Minimum GPA: 3.3 Desired Majors (i.e. Accounting, Computer Science, Finance, Marketing, etc.): Desired is Accounting, or Finance Please indicate any traits, qualities or characteristics which the candidate may need in order to “fit” within your department’s industry, culture or work environment: The individual should have a desire to learn and be willing to work with different people throughout the department. Our department is made up of driven individuals who work hard, but we work well together because of mutal respect for one another. The person who works with us should be eager to learn, exhibit a good personality and willing to work on various assignments. Please list any academic/coursework requirements that the candidate must have completed: Completion of two years college course work with a major in Accounting or Finance. Please describe any additional...
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...reactions. Values are also considered psychological objects that we cannot see or touch, but are considered physical objects (Posner, 2010). Types of values include ethical or moral values, personal values, or core values (Fiset, 2007). “Values, personal values, and core values all refer to the same thing” (Best of Time Management, 2008). Values are used by individuals and organizations. “Using values help individuals and organizations energize everything concerned with them. In this paper, I am going reflect how my values align (or do not align) with the values of Kudler Fine Foods and how they affect my performance. Where Values Comes From Individuals inherit values. They learn from their parents, teachers, and other influential individuals in their life. Values can reflect the values of the place where an individual live. Values may change some, but they last a lifetime (Best of Time Management, 2008). Everyone have values that determine their decisions and guide their lives. Individuals may dedicate or give up their entire life to pursue their values (Posner, 2010). My Values Implementing values as an individual can always attract success, achievement, and well being for that person. I have a lot of values I implement, but I am only going to discuss a few values that I use. Some of my values consist of the following: individuality, self reliant, truthfulness, family or friends, and goodness. Valuing my individuality helps me take responsibility; valuing my self-reliant...
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...The word values can be defined as having important and enduring beliefs or ideals shared by the members of a culture about what is good or desirable and what is not. Values exert major influence on the behavior of an individual and serve as broad guidelines in all situations (Web Finance Inc, 2011). Every person in the world has values and they have been taught to them by what is around them. They may not all have been taught intentionally, but they are instilled in a person and stays with them as they get older. It either comes from experience, family, peers, or even from television. For me personally, I value most is independence. Not everybody feels the same way as I do but it’s what I have seen and I have experienced. Not only have I experienced it in my personal life but I have also learned how to be independent in the workplace. I am told or taught something once and from then on I need no help. My managers in the past have told me during my evaluations that it is something I succeed at. I have prided myself in never having to ask what I should be doing at work and I always keep myself busy. According to my self assessment reports, what ranked highest in were knowledge, self respect and security. When it came down to the ranking of instrumental values, truthfulness ranked number one. The reason I ranked it number one was due to my past experiences in the workplace. There are times when you have to be true to yourself and ask for help. I can relate...
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...The Past Born into a relatively normal middle class family in the March of 1978, my dad was English and my mom Afrikaans. We were two siblings with me being the eldest, with a younger brother. I was blessed early on in life as I had both sets of grandparents on both sides as well as one great-grandmother on my mother’s side until I was twenty. My dad’s side of the family was from Irish decent and my great-grandmother from German decent. I grew up loved, and I adored my dad, for the most part we were a relatively normal suburbia family (Robbins & Judge, 2015). My grandparents on both sides where hardworking South African, my grandfather on my mom’s side worked for the Department of Trade and Industry as Head of Strategic Industries, while my grandfather on my dad’s side worked for Safair as an Area Manager. My dad didn’t pursue further education (Robbins & Judge, 2015) after school and started working in the sales. My mom pursued a diploma in art as she and her whole side of the family had that natural artistic flair. My dad and mom met when he was in the military service stationed in Upington, and strangely he first had eyes on my mom’s sister but after meeting both my mom and her sister my dad said that my mom was the girl he was going to marry after their first date. My brother and I were very different from an early age, I believe that due to the fact that I realised early on that my parents had to work really hard to keep the household together I...
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...need to develop many different skills in order to service each client within such diverse echelons. The Problem Chain Clients enter the human service delivery system as individuals with many different perspectives such as psychological, biological, cultural, financial, educational, vocational, and spiritual elements. These elements include life experiences such as family, friends, health, school, work, legal status, residence, safety and security, finances, play, well-being, and personal accomplishments. These perspectives are assimilated into the individual to create the whole person that the human service professional experiences. There are a few possible theories that are used to define the problems and difficulties that individuals face. The developmental theory approaches problems from the life span perspective that describes them as events or crisis that have happened within a lifetime. The situational perspective describes problems that have happened in one instance or timeframe. Meeting basic human needs, both physical and mental, is another method of explaining the problems that clients encounter. One theory suggests that social change has a primary major effect on the problems that individuals experience. Culture may also be a critical aspect in understanding the problems an individual or a community may face to the human service helper considering how it could affect them. During the helping process, the helping professional must...
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...alone since he/she is the owner of the business ,therefore he/she decides onwhat to do with with the income received from the businessfo his/her self satisfaction without sharing with other individuals. 2.Ease of formation,The start up legal requirement ,formalities ,restrictions are few .Aself employed person needs little or no approval by the government and usually less expensive than other business organizations that their legal requirement are lengthy and expensive. 3. Quick decion making,a self employed one is favoured by quick decision making process since he/she is not tied to long prosidures as in other corporate business ,their decision and controll vested upon them for their effective and efficient management of their businesses. 4.Flexibility,a self management business is able to respond quickly to its need to its daily needs since its decisions are governed bythe owners vorios laws and better sense. 5.Effective and efficient management ,A self employed person enjos the opportuinity to decide on what to is to be done ,who to do it,and at wthat time it should be done .they are not tied to any specific time to organise,control their management activities as there is no supervision involved. 6. Freedom from corporate business taxes,Aself employed persons is taxed as an individual taxpayer and not as a Business. DISADVANTAGES OF SELF EMPLOYEMENT 1.Unlimited liability,A self employed person is personally responsible for all business debts and suffers alone when...
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...to live with it, believing that each day will be each step to success. Parents work hard to give the best for their children. The government offers programs and solutions to problems, for the benefit and development of the people. And as an individual, we have responsibility to help ourselves and be beneficial to others. Working students are those individuals who find ways to make things possible for themselves and to others. As we become modern, more and more students find ways to cope with the situation. Poverty, emotional problems, environment aspects and other problems are not enough reason for them to lose hope and stop dreaming. Instead it helps them become more determine in pursuing their dreams and reaching their goals. Determination and courage give them strength to overcome whatever comes their way and make it through. Working while studying helps them pay their tuition fees, buy their necessities and or if possible help their parents and siblings. And because of doing part-time jobs and or the others full-time jobs, they can afford going to college or university. It helps them gain experience needed in having self-discipline, becoming committed and responsible individual. This helps them grow more as individuals, strong and independent enough to pursue their own potentials and reach their limit. This study enables us to focus on things that are more important in life and give us more insight on the real and actual life the working students...
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...As a nurse one runs into some very saddening/ maddening situations, some that cause not only the individual nurse, but the entire nursing staff to be thrown into conflict with their beliefs of non-maleficense and a patient’s right to autonomy. I always strive to never cause any harm to a patient and treat them kindly despite behaviors that could lead one to not want to act or treat someone is such a manner. Additionally I believe an individual should also have the right and be supported in making decisions about their healthcare, but when the decision is in effect, taken away from them, who has that right? When the nurse and stand staff struggle with the decision that is being made, it complicates the picture, leads to a lot of frustration and nurses feel helpless Several years ago there was an incident of a pt that received a kidney transplant, but during the immediate post operative course the patient, suffered a respiratory arrest, was anoxic for a period of time leaving the pt with anoxic brain damage. This was an individual who, prior to surgery, was a fully functional person. After time in the ICU the patient was able to be on the nursing floor; trached, unable to swallow, g-tube, very limited ability to walk, or transfer to a chair w maximal assistance of typically 2 staff members. The individual also tended, what seemed to be intentional, to try and injure nursing staff, by pinching, kicking and biting.. I was often assigned to this pt, and on several occasions...
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...INTRODUCTION For an individual to better understand a particular society there is the need to first of all understand the term sense of belonging. The concept of sense of belonging may be define as the perception of similarity to others, an acknowledged interdependence with others, a willingness to maintain this interdependence by giving to or doing for others what one expects from them, and the feeling that one is part of a larger dependable and stable structure Belonging is closely linked to the concepts of identity, social groups, and communities. Because diverse experiences, backgrounds, cultures, heritages, and histories lead to unique individual experiences of belonging (or not belonging) in society, one person’s sense of belonging to a place or a people cannot readily be defined by others. Belonging to groups is the starting point of learning about roles and responsibilities and reflects choosing to identify with other members of society. Identity refers to who people feel that they are as individuals (“who I am”) and as members of groups (“who we are”). It also includes their identities in the eyes of others (for example, as they are commonly represented in the media McMillan & Chavis (1986) define sense of community as "a feeling that members have of belonging, a feeling that members matter to one another and to the group, and a shared faith that members' needs will be met through their commitment to be together. The following are how sense of belonging helps...
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...Kait Kurtz Management 251 Effective Followers There are many types of followers just as there are many types of leaders. A person’s behavior and personality can help to determine which category they most appropriately fall into. What we are going to focus on is followers and in particular is effective followers. How does an effective follower work and what does is it that drives them? There are five main characteristics that we are going to focus on for an effective follower and they are: dedication, independent thinker, active in the organization, self-management, and willing to take risks. Dedication is defined as the quality of being dedicated to a task or purpose, but it can also be interchanged with loyalty. An effective follower is someone who a colleague or manager can count on because they know that they will give it one hundred percent when it comes to completing a task. They tend to really believe in what they are doing and that is where the sense of dedication comes from. For example a dedicated employee would be willing to put in the long hours and extra time that it would take to complete a project. Their boss trusts that the work will not be sloppy or incomplete because their loyalty is outstanding. Dedication is very important to being an effective follower. A second important quality is being an independent thinker. In reference to the project example mentioned above an effective follower would be the person who would think outside the box for a solution...
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...has two dimensions, each a measure of sociability. Group The group dimension describes how strongly people are bonded together. At one end there are distinct and separated individuals, perhaps with common reason to be together though with less of a sense of unity and connection. At the other end, people have a connected sense of identity, relating more deeply and personally to one another. They spend more time together and have stable relationships. When people group together, then laws are more easily defined and policed. For society to survive when bonds are weaker and central control is less possible, individuals must necessarily display self-restraint. In management, low group does not manage resources, whilst high group does. Grid The grid dimension describes how different people are in the group and how they take on different roles. At one end of this spectrum people are relatively homogeneous in their abilities, work and activity and can easily interchange roles. This makes them less dependent on one another. At the other end, there are distinct roles and positions within the group with specialization and different accountability. There are also different degrees of entitlement, depending on position and there may well be a different balance of exchange between and across individuals. This makes it advantageous to share and organize together. In management, low group does not manage needs, whilst high grid does. The model The model is a two-by-two table...
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...Close Reading of the Scholarly Text The Value of the Individual Throughout the world there is a constant debate over the value and importance of an individual versus the perceived public’s greater good. In his article Yi-Fu Tuan, expresses his take on the differences between what is a community, what is a society, and what is the individual. Tuan attempts to highlight some of the less appealing qualities of a community while at the same time showing the benefits of a society and praises being an individual in today’s day and age. The strongest evidence of this point comes when he says, “Society values a human individual as it values an animal species, for its unique, nonreplicable way of being… notion that individualism is selfishness is thus wide of the mark…” (Tuan, 317) Throughout the article, Tuan states that in a community, it is more important to feel a sense of belonging than a sense of who you truly are and what you have achieved. In addition, he describes his personal loves and how he couldn’t imagine someone else having the exact same set of interests, which in his mind means that there isn’t anyone else that could have affected the world and society the same way that he has. In the middle of the article, Tuan has a passage titled “Specialized Language and Community” (Tuan, 315) in which he gives a perfect example of how actually defining the difference between community and society is not as easy as it seems. Tuan tells the story of two mathematicians who...
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...HRM Issues Based on Hofstede’s Cultural Dimensions in Ghana Alison C Holt Saint Leo University Abstract This paper will contain information concerning the challenges human resource management faces when the organization decides to go global. Human resource management faces many global issues; however, this paper will look at Hofstede’s cultural dimension theory in the comparison of Ghana and the United States. We will look at three of Hofstede’s five dimensions and see how Ghana is rated to each of the theories. The first dimension, Individualism verses collectivism, focuses on cultures in terms relationships of individuals, families and extended families (Ivancevich & Konopaske, 2013). The second dimension, Power distance, focuses on power relationships within a culture. The last dimension, Masculinity verses femininity, focuses on gender roles within culture (Ivancevich & Konopaske, 2013). In the 21st Century, many organizations have reached out into the global market due to changes in technology, economics and social responsibility. Therefore, interactions between businesses in different countries have become routine. When a company expands globally, new challenges arise due to different laws, customs and characteristics (Ivancevich & Konopaske, 2013). International laws and customs pose numerous challenges for human resource professionals, for example, HRM must supply an adequate amount of top managers with global experience, which is necessary...
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...Defeating the Demons Inside: A Study on Individuals Who Have Survived the Long-Term Effects of Bullying A Research Proposal Presented to Dr. Nymia P. Simbulan Department of Behavioral Sciences College of Arts and Sciences University of the Philippines Manila In Partial Fulfillment of the Requirements for the Course BS 199.1 (Qualitative Methods in Behavioral Research) Christiani Lumayag Matugas 2011-31444 April 1, 2013 I. Introduction Statement of the Problem and Review of Related Literature The school is a battle field and each child is a lone soldier trying to make his/her way through. Each child will have to defeat a series of exams, scary teachers, lab experiments, physical education classes, crushes, mortal enemies and the like. Most of the time, children will learn from these experiences and mature with the lessons that each of these experiences have taught them. However, there are certain battles that wound all too deeply and do not seem to end. These battles are the battles of bullying. What is Bullying? Bullying is a social and interpersonal problem that involves the repeated, intentional use of aggression against a less powerful other (Whitney & Smith, 1993). Bullying can take different forms, be it direct (e.g., physical aggression), indirect (e.g., exclusion, spreading rumors), or verbal (e.g., name-calling). (Hunter, Mora-Merchan and Ortega, 2004) Children who are victims of bullying are more likely than non-victims...
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