...End of life planning is important because an individual will begin to make decisions about their medical care, where their assets will be going, and how they want their last few days to be like. The benefits that end of life planning provides for one who is dying is less worrying, the individual knows where their assets will be going and what person, less stress, and may cause the likeliness to survive longer. The benefits that end of planning provides to those who are survivors are less stress, confusion, and satisfaction. End of life planning could be important to myself because at this present time because I can begin to evaluate who I want to make the decisions for me when I am ill, where and who I want my assets to go to, and how I want my last few days on earth to look like. Advance Directives and Worldview...
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...Axia College Material Appendix B Personal Financial Planning Worksheet Directions: Based on your readings and discussions in class this week, answer the following questions completely. 1. The process of creating a detailed plan to meet your financial needs and prepare for the future is called: a. Developing goals. b. Personal financial planning. c. Collecting financial information. d. Personal finance. 2. Which of the following is not one of the five major steps of the financial planning process? a. Analyze your current finances. b. Establish and implement your plan. c. Collect and organize your financial information. d. Reevaluate and revise your plan as needed. 3. Which phase in life is commonly associated with focus on marriage, family, purchasing a home, and career development? a. Teenage years b. Between your 50s and 60s c. Late 20s through your 40s d. During retirement 4. Which of the following are some benefits of having a college degree that can affect your financial planning? a. The potential to make a higher salary b. Jobs with retirement plans and benefits c. The ability to receive promotions and wage increases d. All of the above 5. Which of the follows elements of a comprehensive financial plan discuss analyzing future needs, such as saving for retirement or college funding for dependants? a. Building wealth b. Securing basic...
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...Republic of the Philippines University of Rizal System INSTITUTE OF GRADUATE STUDIES Rodriguez, Rizal Career Planning What is a Career? Career is an occupation or a profession, that one undertakes for a long period of his life time & derives monetary benefit from it. What is Career Planning? * Career planning consists of activities and actions that you take to achieve your individual career goals. * It is way by which one can achieve goals & ambitions successfully * It is a difference between success & failure which always leads to satisfactory results * It is a Vision Career Planning Process Career planning process is simple process of self analyzing, self upgrading & self improvement which leads you toward success. There are five steps to active career planning: * Self Assessment Self assessment revolves around the thoughtful consideration, reflection, and evaluation of your interests, personality characteristics, values, and skills through a variety of methods, such as the use of a whole host of career-related tools and instruments. * Exploration and Research The career planning component consisting of exploration and research is all about being in information gathering mode. This is the time to explore, collect, and organize all available resources to eventually begin analyzing them to see what top options arise. Pointers for Exploring Careers * Know more about the career of your choice * Nature...
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...receiving $1,600 month at age 66; Joan’s shows $900 at age 66. Why develop a plan? By developing a financial plan, Me and my family: • Will have a better understanding of your current financial situation. • Determine attainable retirement, education, insurance, and other financial goals. • Review goals, funding strategies, and alternatives where goals have to be compromised. • Have the necessary financial resources set aside to fund your goals as they occur. • Reduce the effect of unexpected events, such as disability, premature death, etc. Planning is a life-long journey. For the planning process to successfully work, changing circumstances or life stage requirements must be factored in. When working with a financial advisor, he/she will want to know when personal or financial events occur to clarify whether your goals are affected and if there are new decisions needed. Some things that will assist in the planning process are: • Know what you are worth • Creating a paperwork system • Organization • Living below my means When do we review the plan? Having a plan in place will give you a better understanding of your financial situation, regularly reviewed and updated, the likelihood of achieving the results are...
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... Everyday life can be chaotic sometimes. One way to avoid feeling stressed is to have a game plan ready. A serious weakness with this argument, however, is that this is difficult to manage their time. Therefore, the main questions addressed in this essay are: a) why it works; b) what hinders proper for planning time; c) how I plan my time. There are various explanations for why planning is so important to our time. Time management is necessary to perform maximum efficiencies. For example, when you study at university you do not have time to do all necessary things and the best students is not necessarily the smartest. So if you will be able to plan your time, the mood will be good and scores will be high. More generally, it seems hard to deny that the planning time is difficult in use. A classic illustration often cited is that people cannot do all they have planned. On those days when you have a lot to do, prioritizing can help you get things done in a more efficient manner. When you find ways to prioritize, you might find that some things are more important than others, and that some can be crossed off your list of deals completely. What sort of picture do these considerations allow us to construct? Let us say you did the priorities of their affairs. Now you need to plan every thing in time. One observer has already drawn attention to the paradox in planning time. His name is Stephen Covey. In his book “First thing first” he said that daily planning is inefficient...
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...Communications, Sixth Edition, 2009, p. 58). The corporation will have to decide whether they require a LAN, Local Area Network, if the corporation only needs their network to share resources within a building, (Local Area Network Technologies, 2012). The corporation may want to use MAN, Metropolitan Area Network, if they have multiple building that need to share a network. An example would be a college campus. (Metropolitan Area Network, 2012). The information requirement of management leads us to the three points of the initial roll out phase and network security. The points of initial roll out are plan, analyze, and implementation. (eWeek, 2004). The first point of initial roll out is plan. The planning process is a very critical part of the roll out process. During the planning point, this is where the developers have to take in consideration the growth and acceleration of the computer industry and how this growth effects the computing and information service needs for large corporations. The corporate computing world demands environments that “ uses client/server computing with intelligent graphical desktops and workstations, which communicate with local and divisional personal computing with intelligent, graphical desktops and workstations,” (Microsoft Tech Net, 2012). These workstation need to also be able to communicate with the...
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...Leitax 2004 Leitax 2004 Analysis of the new forecasting process Analysis of the new forecasting process Assignment questions 1. Based on the description of planning system before the Redesign Project which function or individuals should be held responsible for the planning problems in FY 2002? In FY 2004? In 2002, Leitax had suffered through poor planning of 3 camera models: the launch of one camera delayed (cost: $19.5 million), another outsold its inventory (costs: $4.5million) and a third model reported sluggish sales ($2.5million). To compensate, Leitax extended the life of an existing model and made a mad scramble to find product and customers but the most costumers preferred to wait for the delayed camera. These events reflect the failure to manage the planning and the operational efficiency. The problem was general because groups did not communicate between them and if the operator group disagreed with the financial group, each group did its own forecasts => lack of cooperation and coordination. These departments should be held responsible largely for the planning problems because they did not perform their job well enough: -Marketing Department: This department should study and evaluate the market trend. -Sales Department: This department is very close to the customers. So, they know the feedback and customer behavior towards the products and can carry on information to another relevant departments to project the sales forecast. -Production...
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...Personal Financial Planning “Personal financial planning is only applicable to those nearing retirement”. How true is this statement? For instance, personal financial planning is only suitable for those who are nearing retirement and not for other age groups of people. We do not really agree with that statement. Because people in different lifecycle are indeed requiring different kind of needs and wants in their life, thus, financial planning is important for everyone who wishes to achieve their financial goals. In addition, when there are existence of needs and wants in our life, everything would cost us money because money is the medium of exchange in this era. Due to this matter, meeting the rising cost of living and improving the standard of living would be a problem when we do not plan our financial side carefully. Everyone wants to have a luxury life, good car, delicious meal and many mores but without a proper planning, it is impossible for anyone to achieve these goals. Therefore, a personal financial planning is vital especially for those who started to join the work force and also those who are retiring. What is personal financial planning mean to you? Personal financial planning can be defined as a systematic process that considers important elements of an individual's financial affairs in order to fulfill the financial goals. Basically it also includes the well preparation of the cash flow movements, priority allocations on the needs and wants, and many more. ...
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...Posh Garments Ltd.. Industrial Engineer/ Manager, IE Job Description / Responsibility A Well Reputed 100% Export Oriented Group Sr. Manager/ Manager - Planning (Bottom Division) Job Description / Responsibility * Line loading in Fast React. * Lead a team of Planners. * Target fixing based on capacity factor & efficiency or other parameters. * Monitor & plan Sewing production to meet the shipment requirement of the Company. * To follow up production target of the line wise production plan. * Make Time & Action Plan to have hard look on daily progress report & co-ordinate accordingly. * Monitoring the Daily production Reports with updated figure to know the production at a glance. * Prepare daily problem report & action plan against the problem, take proper step to solve them. * Any other task assigned by management Fakir Fashion Ltd. Sr. Manager (IPE) Job Description / Responsibility * Responsible for planning, developing and implementing allover IE & WS activities in all departments. * Setting IE team and ensuring that the targets are achieved. * Review the current policies and improve plans to improve upon the existing standards. * Setting up and maintaining controls and documentation procedures. * Prepare operation bulletin machine / line layout. * Do method / Motion / Time study in line for each style. * Capacity study of line for setting standards targets and line balancing. * Monitor the...
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...L O G I L I T Y V O YA G E R S O L U T I O N S An Executive White Paper Four Pillars of Demand Planning Excellence Achieving higher supply chain performance with more powerful, accurate demand planning L O G I L I T Y V O YA G E R S O L U T I O N S An Executive Whitepaper Table of Contents Pillar #1: Go Beyond Simple Forecasting .....3 Pillar #2: Beat the “Devil in the Details” Using a Demand Aggregation Hierarchy........5 Pillar #3: Take Planner Productivity to the Next Level ............................................7 Pillar #4: Make Collaboration a Core Demand Planning Competency ......................8 Four Pillars of Demand Planning Excellence Achieving higher supply chain performance with more powerful, accurate demand planning Executive Overview Estimating future demand is one of the most valuable, but difficult challenges in supply chain optimization. Any discussion of this subject will invariably note that forecasts are always wrong, but absolutely essential to planning business effectively. Demand forecasting provides the crucial forward-looking picture that shapes how a company will deploy its supply chain to take maximum advantage of customer opportunity. “Demand planning” is the effort to increase forecast accuracy and customer service levels through better perceiving, predicting, and shaping the full range of factors that determine how well your product portfolio satisfies market needs. No other aspect of supply chain optimization has greater...
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...the decision making process within each step of the function is crucial to the reliability of the success of each function. The planning process function of management is also crucial. Of course plans do not always go as intended so we learned that we need to have an alternative plan in case the original plan fails. We learned how the unethical behavior of one person or group of people can negatively affect a whole organization. What could be applicable to your workplace or personal life: When it comes to the workplace there are internal and external factors that would affect the four functions of management no matter what company you are working for. Being able to have the knowledge of how to use the four functions of management along with being able to pick out some of the internal and external factors that could affect the functions is an asset to any company. Also being able to be prepared for change and having something ready, or a plan B, and having the prior knowledge of how to implement that plan to replace the current one is also something that any company would benefit from. In our personal lives we are surrounded by factors both internally and externally that could alter our plans. For those of us with kids those factors are increased and usually happen more frequently. Being able to have the planning knowledge in our personal life is a benefit that affects not only us as individuals but our entire family. It would reduce the stress factor by having a plan B...
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...Management Planning National Beverage Corp University of Phoenix MGT/330 Jacqueline Lester December 20, 2010 National Beverage Corp is a regional bottling company located in the United States. Some of their products are Shasta, Faygo, Ohana, and Everfresh. National Beverage Corp’s products are available at convenience stores, supermarkets, and other retail stores. The company has a management planning function that is affected by ethical policies, social responsibility, legal issues, and many other factors. The meaning of ethical conduct is not completely clear in the business world. In numerous cases, business philosophy says that people should conduct themselves in a manner above criticism. It is very important that all employees of National Beverage Corp conduct their business affairs in an appropriate behavior. Ethical conduct is essential to ensure triumphant, continued business relations. The laws of National Beverage Corp are observed to make sure that they have the highest ethical standards. If a person is uncertain about a problem, it is very important to seek help. The problem is discussed with management, and then it is resolved. The business conduct policy is not always built on hard set rules but instead offers some common sense used in day-to-day business life. NBC employees are informed that they have to be aware of anything that could cause them to engage in unethical actions...
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...Universities would be an effective and affordable approach. Apple also will have its fair share of direct applicants, considering the fact that it is very trendy and appeals to all consumers. As stated in the NY times, it has "cast a spell" on consumers and investors. When visiting Apple's website for careers, the page is appealing and full of promise for not just any job, but a career. Apple is a company that is going to always stay on the frontier of new ideas. In order to do this, it is important to stay fresh with new perspectives and ideas. With this being the case, Apple would want to not only source their talent from internal sources such as referrals or all internal promotions. It is important to show growth and have succession planning in any company, but it should not be the sole source of growth as it might limit new ideas and innovations from coming to the table from outside experiences. Recruiter traits and behaviors that would lead to a successful recruiting campaign for Apple Recruiters for Apple would have to have both the talent of being warm, welcoming, trendy, innovative as well as specialists in the Apple product, culture and mission. In order for Apple to attract the best talent, they have to have the best talent looking for them. The product Apple has a certain appeal and when one goes to an Apple store or an Apple table at a job fair, there is a certain expectation that the person you are going to be talking with, is just as trendy as...
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...BUSINESS COMMUNICATION AND ANALYSIS Employability Skill(s) • Self awareness • Meta-cognition • Lifelong learning • Career management Career planning What’s happening today? Have you completed …. • Develop a Career Plan • Continue work on Skills Portfolio About Me Page Employability Skills (x2) Personality Profile 1 7/20/2015 Career Management Career Management Process • Planning, supervising, controlling, handling, coping and administrating one’s professional life • Detailed view of what you want to be, where you want to go, how you will get there, and how long you intend to stay Knowing yourself Skills, likes/dislikes, values, personality, etc Taking Action Finding out Working towards your goals Exploring what is out there • Directly related to one’s personal goals and targets Making Decisions • Life-long and active exercise; you have to be an active and engaged participant Comparing options TRAINING WA Career planning WA Department of Training and Workplace Development Knowing yourself Finding out • What you are currently doing (education and work)? • The occupations that interest you • What are your work related interests? • What are your current skills? • What is important to you at the present time (identify what you value in life, work and family)? • What will give you satisfaction in your work? • What are the essential skills required for each occupation? • What skills...
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...Shanto-Mariam University of Creative Technology Department of Business Administration Principles of Management Short Questions 01-Question: Distinction between delegation and decentralization. Answer: Delegation: Delegation is the assignment of authority and responsibility to another person (normally from a manager to a subordinate) to carry out specific activities. Decentralization: Decentralization means dispersal of authority throughout the organization. It refers to the systematic effort to delegate to the lowest levels all authority except that which can only be exercised. Distinctions between delegation and decentralization are as follows: Delegation Decentralization 1. It is process or an act. 1. It is the end result of delegation. 2. It denotes relationship between a 2. It denotes relationship between the top superior and a subordinate. management and various departments or divisions . 3. It is essential for management process. 3. It is optional as top management may or may not disperse authority. 4. The delegator exercises control over the 4. The control may be delegated to department subordinate. heads. 5. It is technique of management. 5. It is a philosophy of management. 02-Question: Discuss about Management vs Administration. Answer: There has been a controversy on the use of the two terms-management and administration. Different authorities have expressed conflicting opinions on the subject. Many experts make no distinction between ...
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