TEN HABITS THAT MAKE YOU RICH
1) Set Daily Goals
Its not enough to set long-term goals, you need daily goals. At the end of each day, reflect back on
what you did & how this has helped you get one step closer to reaching your goals. Think of what you
Pre-activation valve This valve is found in a pre-action sprinkler system and is used in areas
containing high value equipment or contents which are which are highly sensitive to the effects
of accidental sprinkler water discharge.
Alarm valve It controls
Mendley Mendley can be used to manage your research materials. It can also be used to read
and annotate at the same time.
Bubbl.us and MindMup This apps can help you to organize your materials into cohesive
groups and they also guide you in making visual
Role of government in business.
Permission Businesses need to register with state government to operate. The function of
registration is to define the financial liability owners of the company have. Registration also
gives the government a chance to monit
Qualitative risk analysis.
This is a management technique concerned with identifying the probability of a risk event
occurring and the impact the risk will have in case it occurs. Qualitative risk analysis assists in
assessing the priority of identified r
Local involvement Businesses give back to local schools and community events.
Local jobs Businesses create employment to neighbors at the local community.
Building community Businesses give a town a sense of community by sharing with the
Real property refers to land and things that are attached to the land. Although steel, wood and
other building materials are not land themselves, when they are built into structures attached to
the land, they become real property, real property is usually
Week 8 reflection:
Describe Lewins three-step change process. How is it different from the
change process needed in the white-water rapids metaphor of change?
Lewins three-step change process involves a period of initiating a
breakdown of current way of d
Accumulated benefit obligation is the present value of retirement benefits acquired by employees using
current compensation levels. Projected benefit obligation on the other hand is the is the present value of
the anticipated future payments to organizati
The following are two career options that someone with an accounting Education can pursue:
The field of management accounting, commonly referred to as Managerial Accounting, includes
After Action Review (AAR)
After Action Review (AAR) is a professional discussion of an event, that focuses on
performance standards and enables development professionals and friends with common or
shared interests to discover for what happened, why it occ
Advantages of minitrial
1. Savings of Legal Fees and Expenses.
Minitrial allows parties to get a preview of their trial position and a judges reaction to
that position without incurring the costs of full blown discovery and trial. When the
Adjusting entries for prepayments account for cash that has been received prior to delivery of
goods or completion of services. When cash is paid, it is first recorded in a prepaid expense asset
A newspaper publishing compa
As a way of revitalizing quality BT considered putting customers at the heart of what they did as
a crucial aspect to achieving the real quality. All quality programs had to have at their center a
very clear focus on customers. Delivering customer satisfa
Adam Smith used the term invisible hand to elaborate the unintended social benefits of
individual self-interested actions. He employed the phrase with respect to income distribution
and production. According to the individual hand of competition that if e
1. Value chain refers to the whole series of activities that create and build value at every step
while extended value chain implies to extension of the value chain coordination to include
supply chain partners.
2. Database is better compared to file proc
Emotions can be managed in the following ways to ensure optimum success:
Having Personal competence Personal competence refers to the ability to be aware of and
manage your emotions and behavior. Personal competence focusses more on individuals than
Compare and contrast sole proprietorships and corporations
To start a business as a sole proprietor a person needs to start operating as a business although at
times you may need a business permit. If the business is operated by more than
Vertical integration is an agreement in which the supply chain of a given company is owned by
that company. Usually each member of the supply chain produces a different product or service
and the product combine to satisfy a common need. On the other hand
The pharmaceutical industry is an oligopoly. An oligopoly market is a structure in which few
firms have the large majority of market share. Oligopolistic industries tend to have high barriers
to entry thus making it difficult for new entrants. The pharmac
The Securities and Exchange Commission should promote transparency. This will happen by
permitting firms to experiment and work with shareholders to expose the internal governance
information. Investors should also understand they are the on
Mindfulness is a state of active and open attention on the present. It involves observation of
ones thoughts and feelings from a distance without judging them to be good or bad. It enables
you as a person to make choices about how respond to people and si
1. My first priority would be providing medical care to the injured person and then taking
action to prevent further injury or damage.
2. Report the accident as required by the companys policies.
3. I will then go on to investigate the accident, this will
What are the key issues in deciding between using perfectly normalized databases and
It is better if you use normalized files because there are directly mapped to problem domain
entities, they are less redundant and more maintainab
Job-cost systems are assigned to each individual job whereas under process cost systems the
costs are tracked through the department. Job-costing system tracks the costs by job instead of by
the process. Job-costing is broken down into jobs which allows e
There are five communication styles which comprise of the following:
1. Assertive style Assertive communication is born of high self-esteem, its the spot between
being too aggressive and too passive. Assertive people have the confidence to communicate
1. The following are the roles of senior leadership when managing change:
Motivation and inspiration Senior leaders enhance a compelling vision, empowerment in the
change process, supportive culture and alignment with the organizational values which serve
Improving working condition.
Collective bargaining agreement has pushed and achieved the introduction of social insurance plan.
Collective bargaining has introduced compensation for public employees which is essential for creating
an upwardly mobile middl
The company should adopt 360 degree Feedback system. This system ensures that all people
concerning to the job of an individual are part of his appraisal process. It includes feedback from
the managers, customer feedback, peer evaluation, self appraisal a
Question 2: Should comparative effectiveness research include measures of cost?
Comparative effectiveness research should include measures of cost. Cost effectiveness
analysis in comparative effectiveness research helps to assess the comparative impacts o