...International careers in today´s society are becoming immensely popular. With the development of modern day technology and globalization, companies aim to employ people who are able to work in different countries. For people who strive to have a job that can take them across borders, an international career may be a good option. For others, this kind of career mainly seems unappealing. So, what are the advantages and disadvantages of an international career? Firstly, an advantage of an international career is that it allows employees to travel to exciting countries and experience different languages and cultures. This alone could be the determining argument for choosing this career. Managing partner in Brussels, Jean –Marie Van der Borre says in the article “A Race Won by the Swift and the Strong” published in Newsweek Special Issue on November xxxx, that it is difficult to find qualified people. It is therefore beneficial for the employers to let their employees work in other countries where their qualification is needed. Consequently, Employees get the opportunity to discover a new place as well as earning money. It is a “win win” situation. However, an international career has its disadvantages too. Not everyone qualifies for this career. Consultant Anne – Marie Ronayne mentions in the same article that a good attitude and good language skills are a must. These requirements limit the number of people suitable for this career. Subsequently, many people who are highly...
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...According to "Project Management" (2004), Project Management is “a methodical approach to planning and guiding project processes from start to finish.” By following an established project management life-cycle businesses can ensure the established goals and objectives of the organization are realized in a consistent and uniform manner within a defined timeframe and within budget. A brief definition of a project with key characteristics is presented within this paper. Each phase of the project life-cycle, including the definition phase, planning phase, implementation phase, and closure phase are also identified and discussed. In addition, key reasons to underline why it is important for businesses to apply project management techniques to accomplish tasks required to achieve the established goals and objectives are provided. A project is set of related tasks executed to achieve a set of objectives and goals within an established timeline and an approved budget. Projects are temporary and can be short-term (a few days, few weeks, or a few months) or long-term (multiple months or years). Each project is unique in scope, schedule, and budget. Projects consist of a Definition Phase, a Planning Phase, an Implementation Phase, and a Closure Phase ("Project Management Knowhow", 2012). Two key characteristics of a project are projects are temporary with a defined timeline and projects produce unique deliverables, such as products, services, and process improvements ("What Is A Project...
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...11/17/12 Blackboard Learn WebAssign 1. 0.5/0.5 points | Previous Answers SmithMath1 8.4.026combo. Draw one Venn diagram for the left side of the equation and another for the right. If the final shaded portions are the same, then you have established the equality. If the final shaded portions are not identical, then you have disproved the result. A∩(B C) = (A∩B)∩(A∩C) true false 2. 0.5/0.5 points | Previous Answers SmithMath1 8.1.014. Specify the sets by description. {30,60,90,...,300} multiples of 30 between 0 and 305 3. 0.5/0.5 points | Previous Answers SmithMath1 8.3.017combo.C MI. Let U = {16, 17, 18, 19, 20, 21, 22}, B = {16, 19, 20, 22}, and C = {18, 19, 21, 22}. List all the members of the sets. (Enter solutions from smallest to largest. If there are any unused answer boxes, enter NONE in the last boxes.) B = { 17 = { 16 , 18 , 17 , 21 , 20 } } https://blackboard.stray er.edu/webapps/portal/f rameset.jsp?tab_tab_group_id=_168_1&url=%2Fweba… 1/5 4. 0/0.5 points | Previous Answers SmithMath1 8.4.012combo.C MI. Draw a Venn diagram to illustrate the relationship given in the problem. (A∩B) (A∩C) (a) (b) (c) (d) 11/17/12 Blackboard Learn 5. 0.5/0.5 points | Previous Answers SmithMath1 8.4.029. A college has a 50 piece band and a 34 piece orchestra. If 14 people are members of both the band and the orchestra, can the band and orchestra travel in two 40-passenger buses? Yes; 70 people can travel...
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...Effective Business Communication Effective communication in the workplace is very important. It is not something that will always come easily. It requires time and effort. Effective communication is an essential part of any business. When a business lacks poor communication skills, the entire organization suffers. Issues such as employer/employee conflicts, poor customer service, and a high employee turnover rate can occur. Good effective communication begins with management. A manager needs to constantly communicate with his/her employees in order to keep the business running smoothly. While I was a shift leader at a restaurant, there was one employee who worked under me that was unwilling to do the job I assigned her. We were constantly butting heads. At first, instead of trying to communicate with her to find out what the problem was, I just met her opposition head on by writing her up or docking her pay whenever she would not do what I asked. However after speaking to my boss about the situation, he suggested that she and I sit down and have a conversation. I took his suggestion and talked to my employee. After I found out what the problem was (she assumed I was mean because I always spoke sternly) we worked out our differences and things got better. One reason the communication was effective is because we sat down with calm heads and talked about the situation. A second reason the communication was effective is because we listened to each other open-mindedly. A third reason...
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...Steve Carmichael is a 25-year-old man who is a project manager who works for the Neighborhood Youth Crops. When he worked with VISTA, he explained how the board of education and the government would be a bureaucracy that was stagnant. He was frustrated with the fact that bureaucrats did not care for the people. Steve mentioned that if he replaced a bureaucrat in Washington and he would be able to put together a program that would be for the people and not treat them as figures. Since his company is run by the OEO funds, he is an employee of the city and has to deal with these frustrating issues on a daily basis. When he runs into his administrator he will try and put in a word so that change can be made, however they will just forget about him. The administrators think of Steve as unknowledgeable, you are just a pest. He wants to be able to do his job, but also impact others at the same time. He has always wanted to become an educator, and the job that he currently has is disdainful to him. At his job they look down on him. Steve doesn’t feel good knowing that you are unimportant to the company. He thinks that it doesn’t make sense that you can’t fight for what is right and what you want. What I got from this interview is that Steve will not give up. Even though you can be a manger, or have influence on other employees, you can still feel useless to those above...
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...Cause and Effect Essay “Shallow men believe in luck or in circumstance. Strong men believe in cause and effect.” (― Ralph Waldo Emerson) Cause and effect have made me the man that I am, and the man I am going to be. It is what you do with the things that you have learned from in the past. Take for example, I have been tying to catch up with my homework all week; is the cause. The effect is if I do not catch up with my homework, I will get a bad grade and will be a very good chance I would fail. In this essay I am going to mainly talk about the things I have done in the military. When I began my military career is the cause. I decided to go through Army Ranger School (is the advance infantry course). Army Rangers are an elite group of men I also decided to go through sniper school. Those two decisions lead me to go through Airborne and Air Assault School (taught you how to jump out of planes and helicopters). Then After those two schools it lead me to become a Pathfinder (Pathfinder school taught you how to set up a landing zone for aircraft). The effect is that it made me a better soldier and allowed me to be successful with bring home all the young men and women that fell into my team. The other effect of this training is that only a few men can call themselves Army Rangers. All that training prepared me for war. The cause is the conflict in 2003 I jump into to Iraq for the first time. The effect is, the only reason we jump in is so that we can get our combat jump wings...
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...Assignment 5: A Problem Exist Professor March 16, 2015 Research and Writing Should Cell Phones be Ban from Driving or Do Away With? Over the last few years, there has been an up rise in car accidents and the probable cause is the use of cell phones. At one point drunk driving was the biggest cause of car accidents but now cell phone users are at risk as well. In some states across America, a law was made to ban cell phone use while driving but what about the other states. The probability of drivers talking on the cell phone and getting into accidents is only getting higher. The Government should ban cell phone use while driving in all states. In the past five years, cell phone use while driving has become the next biggest problem for the government to handle. Even though some government officials feel it is not causing that much of a problem. In a recent study done at the turn of the century by Robert W. Hahn and Paul C. Tetlock, cell phone use in cars will have caused about 10,000 serious accidents that year, leading to 100 fatalities. In 2002, another study was made by the Harvard Center for Risk Analysis. In their study, they found that drivers using cell phones are responsible for about 6 percent of U.S auto accidents each year, killing an estimated 2,600 people and injuring 330,000 others (Pickler, 2002). As you can see, within two years of research, the percentile has grown and something needs to be done. The cell phone industry has very little defense against...
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...Capital Working Strategies FIN/414 December 18, 2014 Richard Nashner Working Capital Strategies Walmart is on the path of expanding its brand; this paper highlights its finances by looking at its recent financial reports- balance sheets and statements of cash flow. By doing so, we can therefore make a projection or forecast Walmart’s revenue for 2015. Such projection comes with working capital recommendation, and the new lesson learned from previous financial reports of the company. Working Capital A review of Walmart’s financial statements shows that its net working capital had range from positive to negative and vice versa. Walmart current revised assets total $61,185 billion; an increase of two percent in 2014. The current liabilities in 2014 total $69,345 billion and $71,818 billion in 2013 (Walmart, 2015). This information indicates that Walmart working capital in was negative in 2014 with a balance of -$8,160 billion, which obviously reflects a long term liabilities. In 2013, its working capital was also in the negative of -$11,878 billion; this notwithstanding reflects a decrease of its working capital by over three million dollars. According to Walmart (2015), “ The decrease in our working capital deficit was primarily attributable to a decrease in long-term debt due within one year and an increase in our inventory levels due to lower than anticipated sales across the Company” (p. 27). Walmart as per its first quarter report in 2015 intend to decrease...
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...Working conditions Working conditions refers to the working environment and aspects of an employee’s terms and conditions of employment. This covers such matters as: the organisation of work and work activities; training, skills and employability; health, safety and well-being; and working time and work-life balance. Pay is also an important aspect of working conditions, although Article 153 of the Treaty on the Functioning of the European Union (TFEU) excludes pay from the scope of its actions in the area of working conditions. Improving working conditions is one of the goals of the EU. Article 151 TFEU states that: ‘The Union and the Member States… shall have as their objectives the promotion of employment, improved living and working conditions, so as to make possible their harmonisation while the improvement is being maintained’. Further, Article 153 TFEU states that ‘the Union shall support and complement the activities of the Member States’ in a range of social policy fields, including working conditions (Article 153 1(b)). The thinking of the EU on its competences in the area of working conditions has developed considerably over the past half century. The original EEC Treaty of 1957 took the view that the objectives of improved living and working conditions were to be achieved primarily through the mechanisms of the common market. Intervention was only to secure what was consistent with the common market: the free movement of labour. This policy was revised in...
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...British Journal of Economics, Finance and Management Sciences September 2012, Vol. 5 (2) The Effect of Working Capital Management on the Profitability of Turkish SMEs Ece C. KARADAGLI Cankaya University, Department of Banking and Finance Eskisehir Yolu 29. km, Ankara, 06810, Turkey Phone: (90) 312 233 12 04; Fax: (90) 312 233 10 27 E-mail: ece@cankaya.edu.tr 36 Abstract This paper focuses on the effects of working capital management as measured by cash conversion cycle and net trade cycle on the firm performance for a sample of Turkish listed companies and searches for potential differences between the profitability effects of working capital management for the SMEs and for the bigger companies with an accompanying aim to examine whether net trade cycle can efficiently substitute for cash conversion cycle as a measure of working capital management. The research is conducted for the period of 2002-2010 by using pooled panel analysis with annual data. The findings suggest that an increase in both the cash conversion cycle and the net trade cycle improves firm performance in terms of both the operating income and the stock market return for SMEs where as for bigger companies a decrease in cash conversion cycle and net trade cycle is associated with enhanced profitability. Besides, the findings also imply that managers can use net trade cycle instead of cash conversion cycle confidentially. Keywords: cash conversion cycle, net trade cycle, firm performance, SMEs, emerging economies...
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...a substantial number of “traditional” dependent undergraduates in employment, and working independent undergraduates averaging 34.5 hours per week – little attention has been given to how working influences the integration and engagement experiences of students who work, especially those who work full-time, or how the benefits and costs of working differ between traditional age-students and adult students. The high, and increasing, prevalence and intensity of working among both dependent and independent students raises a number of important questions for public policymakers, college administrators, faculty, academic advisors, student services and financial aid staff, and institutional and educational researchers, including: Why do so many college students work so many hours? What are the characteristics of undergraduates who work? What are the implications of working for students’ educational experiences and outcomes? And, how can public and institutional policymakers promote the educational success of undergraduate students who work? This book offers the most complete and comprehensive conceptualization of the “working college student” available. It provides a multi-faceted picture of the characteristics, experiences, and challenges of working college students and a more complete understanding of the heterogeneity underlying the label “undergraduates who work” and the implications of working for undergraduate students’ educational experiences and outcomes. The volume stresses...
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...Minimum Wage and the Working Poor HD 403 Poverty Spring 2012 Introduction It is believed one way to help the working poor is to increase the minimum wage to elevate their yearly income. But surveys and studies have shown that raising the minimum wage has done very little to help poverty rate. What it has done is eliminate jobs that the working poor filled and increased inflation. It seems to be an ineffective way to help the poor, a combination of other anti-poverty tools together would produce better results. Issue Each president has wanted to help those in poverty and the working poor in America. President Clinton increased the federal minimum wage to bring up the wages of the working poor. Is that the answer? What will happen when the federal minimum wage is brought up to $9.50 an hour? This article is looking into possibilities of what may happen with poverty and the working poor if the minimum wage were increased. The working poor are people in the workforce but wages still fall below the poverty level. The Fair Minimum Wage Act of 2007 has increased the minimum wage to $7.25 an hour (Rep. Miller, 2007). The Bureau of Labor Statistics reports in 2011, there were 73.9 million American workers age 16 and older were paid hourly wage. But only 1.7 million workers made minimum wage of $7.25 per hour and 2.2 million had wages below the minimum (USDL, 3/2012). The working poor looked like a person who had not graduated high school...
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...Working conditions in a Chinese Factory 1. It is quite complex to determine the reasons how the owners of the Metai factory were able to get away with such awful working conditions. I will distinguish between two categories of causes presented in our material: First, on a micro level, there are internal reasons including personal ethics, decision-making processes, organization culture, unrealistic performance expectations and leadership; second,on a macro level, there are external reasons including the societal culture and the legal system. The Friedman Doctrine states that the only social responsibility of business is to increase its profits as long as it stays within the rules of law. In my opinion, it describes as well an important motivation of the business — profits maximization. Obviously, the main goal of the Metai factory’s owners is to maximize their profits. Meanwhile, they don’t respect the law of the country. They are not only unethical but also illegal under Chinese employment law according to which workers shall not work more than 8 h/day and shall not work more than 40 h/week; workers have at least one day off per week. In front of the economic interest, the factory’s owners with a weak sense of personal ethics cannot really have an ethical behavior in a business setting. When the production demanded increases fast even exceeds the real production capacity of factory, the only thing that the factory chose to do is to exploit...
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...FINANCIAL ANALYSIS AND WORKING CAPITAL MANAGEMENT TECHNIQUES USED BY SMALL MANUFACTURERS: SURVEY AND ANALYSIS Morris Lamberson, University of Central Arkansas ABSTRACT This article summarized the responses of 103 small manufacturers to a mail questionnaire survey sent to the chief financial officer of 477 firms located in the southern region of the U.S. The major thrust of the paper was to provide insight into the importance of and utilization of financial analysis and working capital management concepts by small manufacturers. Findings from the study suggest that respondents considered financial analysis and working capital management to be important and most firms were heavy users of these concepts. While the findings were encouraging, a significant percentage of the small firms expressed little or no usage of the concepts. Academicians need to continue efforts to communicate to practitioners of the potential benefits of applying these financial management concepts. INTRODUCTION A frequent concern, expressed by those who develop collegiate finance curricula, is whether or not the financial concepts normally taught in undergraduate finance courses are actually utilized in the business world. While we recognize the fact that a gap will always exist between what is taught in the classroom and what is practiced in the business world, academicians have a responsibility to both students and financial managers to help bridge the gap between theory and practice. This concern over real...
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...wrist if he is not well- financially. It may be hard to accept but we are living in a world of reality and in this world, we cannot have our desired life unless we work hard to attain such. In this world, we are not the one that gives ourselves a choice. Money does. It may be sad, but, somehow we can say that it is true. We can choose what kind of food we can eat, choose what brand of clothes we are going to buy and choose a school or university where we would study, only if we have more than enough money to acquire those. Being a college student is already hard as it is. The academic problems are already stressful enough for the students. Adding financial insecurity to their plates makes it more difficult and challenging for them. Working affects college students' academic performance negatively. Part-time jobs are one of the best ways for college students to gain real life experience and independence. College students with part-time jobs can also relieve some of the burden ARELLANO UNIVERSITY JOSE ABAD SANTOS CAMPUS ARELLANO UNIVERSITY JOSE ABAD SANTOS CAMPUS from their parents, but can lead to unbalance life to students who focus too much time and energy on the job. Poor conditions and environments can cause students to be injured during work. College students should consider all the major factors carefully before getting part- time job. As a student,...
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