Carrying Capacity 1. The carrying capacity is the size of a population that can live indefinitely using the resources available where that population lives 2. For example‚ consider an island onto which is dropped a colony of rabbits. As long as there is an adequate supply of food and water‚ the rabbits will not only survive but they will reproduce and the colony will get larger. 3. The rabbit population can continue to grow as long as food and water are adequate. However‚ if at some point‚ there
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Cash Budgets CASH BUDGETS A cash budget is a budget that focuses on cash receipts and payments that are expected to occur in the future. Cash management is one of the main important factors in a business. A company that experiences cash shortages could be forced into bankruptcy in the future. Businesses that have excess cash can lose the opportunity to earn investment income or can reduce interest costs by repaying debt. A cash budget can tell management anticipated cash shortages or excess
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Contents STYLES AND ATTRIBUTES NEEDED FOR LEADERSHIP Definition What an obvious question! Just what is leadership? But it is a necessary one. If you want to be a leader you first have to have your own favorite answer‚ or definition of leadership. My favorite answer is the leadership is much more than title and position‚ telling others what to do‚ or having authority and power. Leadership is about having purpose‚ both as an individual and group‚ and intentionally making a positive difference
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A pension fund shall be a pool of assets‚ established under a contract and not having legal personality‚ owned jointly by several persons in a partial ownership and the ownership shares represented by units in the pension fund. Each unit shall represent the ownership of a proportional part of the assets held in the pension fund structure. The pension fund shall be managed by a management company according to a pension fund contract with the unit-holders‚ with the objective to increase the
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development of stock markets through a corporate governance channel‚ i.e. pension funds become large shareholders of publicly traded firms and therefore have the incentives to monitor managers and improve investor protections. This paper reviews the literature on the corporate governance channel associated with pension reforms in developing countries‚ and asks what we know and need to know about it. We know that pension funds are not yet large shareholders of publicly traded firms in developing countries
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SOURCES OF SHORT TERM FUNDS Referring to any investment‚ financial plan‚ or anything else lasting for one year or less. Short term investments and financial plans usually involve less uncertainty than long-term investments and financial plans because‚ generally speaking‚ market trends are more easily predictable for one year than for any longer period. Likewise‚ short-term financial plans are more easily amendable as a result of the short time frame. Short-term financial plans usually involve investing
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ADMINISTERING THE BUDGET A budget is a written financial plan for business operations developed for a specific period of time. Budgets are often developed for six months or a year but can cover a longer or shorter time period depending on the type of budget and the nature of the business. Because a budget is an estimate of what might happen‚ it usually cannot be followed exactly. Staying close to the amount budgeted is desirable. However‚ for various reasons beyond the control of managers‚ actual
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Mental Capacity Act The Mental Capacity Act was passed in 2008 in Parliament so that Singaporeans can appoint proxy decision-makers before they become mentally incapacitated by illnesses like dementia or brain damage. The Act‚ which came into force on 1 March 2010‚ is broadly modelled on the UK’s own Medical Capacity Act 2005 (Gillespie‚ 2010) and individuals can do so through a new statutory mechanism called "Lasting Power of Attorney" or LPA – which enables adult individuals to prospectively
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it will hurt you greatly‚ but in the end make the other person happy. As a 14-year old‚ I have no that to make this kind of sacrifice‚ but I have witnessed people sacrificing for love with my family and friends. I have also seen sacrifice in the movies and books. It’s something that moves people when they witness it and makes them think. In all societies this theme is found in literature‚ movies and music. My cousin was always terrified to fly. When he fell in love with this wonderful girl it created
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In 5th grade‚ I started my own little business. I would go to school and sell Mardi Gras beads I got from my family. I sold the beads for twenty-five cents to my peers and teachers and fifty cents to strangers. I only sold for a week‚ but that week I would go home with between five to seven dollars each day. I did not have a reason for wanting to sell the beads‚ in particular‚ I just wanted to make money and save all the money I earned. That same "want" has driven me throughout my life. In middle
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