Passage 1 (1) An upsurge of new research suggests that animals have a much higher level of brainpower than previously thought. If animals do have intelligence‚ how do scientists measure it? Before defining animals’ intelligence‚ scientists defined what is not intelligence. Instinct is not intelligence. It is a skill programmed into an animal’s brain by its genetic heritage. Rote conditioning is also not intelligence. Tricks can be learned by repetition‚ but no real thinking is involved. Cuing
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FINANCIAL MANAGEMENT – AN OVERVIEW Unit structure: 1. Introduction 2. Learning objectives 3. Section title Meaning Definition Objective Advantages of wealth maximization Criticisms of wealth maximization Scope & Functions of Financial Management Role and function of the finance manager Financial Management and Economic Financial management and Accounting Evolution of financial management Functional areas of financial management Financial decisions Have you understood questions
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Gross and Net profit Gross profit A company’s revenue‚ minus the business’ costs of goods For example: If I sold 5000 cheese sandwiches for £1 each my total revenue would be 50 x £1 = £5000 It costs 25p per sandwich to purchase bread‚ butter and cheese. My gross profit = Revenue – Costs of sales (25p x 5000= £1250.00) = £3750.00 Net profit The business’ gross profit minus expenses For example: My gross profit from my sandwiches is £3750.00 to calculate my Net profit I need to minus
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Evaluate the role of market research in the decision making process of an organization. Zan Chen from Queen Mary‚ University of London In the business world‚ to make a proper decision is related to success directly. Every manager is confronted with the same question which is how to complete this mission. Economists cannot figure out a solution to gain the 100% of correct rate in decision making‚ but they build a number of models and find many methods to increase the possibility. Brainstorming
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We hypothesized that the amount of UV radiation exposed has a negative correlation with yeast genetic stability‚ which ultimately determines the number of yeast colonies. In this experiment‚ yeast cells were treated with UV radiation‚ protected by photoprotective agents with different strength (in ascending order: Sunscreen #2‚ #1‚ aluminium foil). After letting it grow for seven days at 37 degrees‚ some grown colonies were counted to determine the effectiveness of photoprotective agents. After comparing
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Introduction After the Industrial Revolution‚ the value of workers was wakened and the relationship between workers and their work was isolated (Hawthorne Academy and Consulting‚ 2007). The management in Hawthorne Plant‚ a factory in Chicago‚ USA‚ felt worried about the union activities‚ expected the productivity gain and began to care about the workers’ well-beings (ibid). The Hawthorne Studies was carried out in the Hawthorne Plant during 1927 to 1932‚ and its major report ‘Management and the
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need to stay engaged and to do their best work? These were some of the questions that the Gallup Organization set out to answer with a comprehensive research study that has spanned the last twenty-five years. The study has produced many important findings‚ the most powerful of which is that talented employees need great managers. While factors such as daycare facilities‚ vacation plans‚ profit sharing‚ and commitment to employee training may play some role in the attraction and retention
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Project Topic: Profit Maximization of a firm. Profit maximization has always been considered the primary goal of firms.The firm’s owner is the manager of the firm‚ and thus‚ the firm’s owner-manager is assumed to maximize the firm’s short-term profits (current profits and profits in the near future).Today‚ even when the profit maximizing assumption is maintained‚ the notion of profits has been broadened to take into account uncertainty faced by the firm (in realizing profits) and the time value
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– $ 55‚341‚000)/ $ 55‚341‚000 = 0.963 viii. Interest Coverage = EBIT/Interest Expenses = $ 23‚946‚000/$ 3‚009‚000 = 7.958 ix. Equity Multiplier = Total Assets/Shareholders’ Equity = $ 108‚615‚000/$ 55‚341‚000 = 1.963 x. Profit Margin = Net Income/Sales = $ 12‚562‚200/$ 167‚310‚000 = 7.508% xi. Return on Assets (ROA) = Net Income/Total Assets = $ 12‚562‚200/$ 108‚615‚000 = 11.566% xii. Return on Equity = Net Income/Total Equity = $ 12‚562‚200/$ 6‚136
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James Tworkowski is the founder of TWOLHA‚ an organization that supports people suffering from depression‚ drug addiction and other mood disorders. To write love on her arms is an inspirational movement that began with a blog and a story. James had a friend named Renee who was a nineteen year old drug addict who suffered from major depression. She had previous issues with sexual abuse as a child and inflicted harm on herself as a coping mechanism along with the drugs. Her arms were covered in scars
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