make the most of their service delivery potential and manage the related risks and costs over the full life of the assets.” KC Leong, 2004, The Essence of Asset Management. A second definition reads thus: Asset management is the process of creating value within the owner’s objectives through acquisition, use and disposal of assets. Gordon MacNair, 2010. In the second definition the owners objectives is an essential ingredient of the Asset management hence getting it right involves the activation of
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it’s fully functional, organized, and planned inside and as a whole. 2. What is value? Why is it critical for the firm to create value? How does it do so? Value, according to Merriam-Webster’s Dictionary, is the relative worth, utility, or importance of something. It is measured by a product‘s performance characteristics and by its attributes for which customers are willing to pay. Creating or assigning value to an activity or to an aspect of the entity is important because it will the entity
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is to contribute to a better world. To do this, I have made it a priority to incorporate this goal in to my values and develop habits that will allow me to achieve this ultimate goal. Through my work, school, and relationships, I have found that when I focus on my ultimate goal, and applied my values, I have been able to experience enormous success in all three aspects of my life. These values that I find most important are integrity, respect and awareness. With work, my goals are to keep challenging
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The Strength Deployment Inventory (SDI) is a self-assessment used to categorize behavior and personal strengths within conflict and non-conflict situations. The SDI outlines seven different motivational value systems (MVS): blue (nurturing), red (assertive), green (analytical), hub (flexible), red-blue (assertive-nurturing), red-green (judicious-competing), and blue-green (cautious-supporting). Each color has a valued relating style (VRS) or behavior associated with it along with a defined rewarding
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its people are its brand, and communication style. Learning Objective: Our focus with this case is on immersing students in the fundamentals of organizational culture. Organizational culture is defined as a complex set of shared beliefs, guiding values, behavioral norms, and basic assumptions acquired over time that shape our thinking and behavior; they are part of the social fabric of the organization—its genetic code. As such, culture drives the organization and guides the behavior of everyone
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best return on invested capital. Applicable Concepts Product Pricing and ROIC Value Chain Analysis Product Mix Qualitative Analysis The alternative value chain for these kiosks is significantly changed in comparison to the wholesale and retail operations, and this is due to the processes involved in producing the kiosks end product. The new process reduces the time lag between start to finish of the value chain in comparison to traditional product lines. Expanding the kiosks to other retail
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"Integrity - To build may have to be the slow and laborious task of years. To destroy can be the thoughtless act of a single day," (Winston Churchill). The school I am currently attending, Old Donation School, is built upon the honor system. This means the school trusts it's students and because of that my teachers entrusted me with a unit test while I had to go get surgery. There have been multiple group projects where I have taken lead and some I have had to do by myself. I had a math project where
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What is integrity and the ability to stay honorable to doing the right thing in a work place? Integrity comes in many different facets. It is not only the ability to do a job to the best of an individulas ability, but also knowing that if there is a problem with the job, that it gets fixed correctly. Not only is it important to get the job done correctly to be able to have a working finished product, but in some cases it could come at the cost of individuals lives. This paper will discuss all of
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In The Westing Game, Ellen Raskin creates a detective who has the traits of any professional detective such as bravery, intelligence, and keeping things confidential. The text proves that Turtle is a professional detective. All below has proof\evidence that shows Turtle is a professional detective.. The first way that Turtle is a successful detective is her bravery. In The Westing Game Turtle made a bet on how long she can stay in the home of the dead Sam W. Westing (2003), “Make it two dollars for
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Integrity is the quality of being honest and having strong moral principles. In the alliterative poem “Sir Gawain and the Green Knight “the theme of the story is “Integrity”. Having integrity means doing the right thing in a reliable way. Also, integrity means having wholeness of character. Integrity means doing the right thing at all times and in all circumstances. Integrity means you are being true to yourself. The Green Knight dared everyone to pick up his sword. King Arthur decided to pick it
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