The Value Chain in my Life The value chain is a set of processes that create value and can be used not only in the business environment but also in my personal life. When the value chain can help create competitive advantage and improve my performance on the job‚ parenting‚ or when I am purchasing or providing a service. The key to any significant value chain is recognizing value added steps and by using continuous process improvement to streamline the value chain. In my current career‚ I am gaining
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Teaching Values at School: a Way to Reach a Better Understanding in Our World Gabriele Harecker Pädagogische Hochschule Niederösterreich‚ University of Education (Austria) g.harecker@gmx.at “Teachers are permanently involved in values education… sometimes … without even realizing that they are teaching values …” (Kohlberg & Turiel in PORTELE‚ p. 7) Therefore it is time for us to pay more attention to values education in both teaching and at school. The requirements‚ tasks‚ possibilities and problems
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VALUE BALANCED SCORE CARD -A TOOL OF PERFORMANCE APPRAISAL ABSTRACT:- Balanced score card is a new dimension in the field of performance appraisal. It is a comprehensive‚ top down view of the organizational performance with a strong focus on vision (i.e. goals) and strategy (i.e. performance measures). The balanced score card has become the pre-eminent strategic tool for the management. The success of its implementation is attributable to its focus on strategy and the future. By the help of
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THE JOURNAL OF FINANCE • VOL. LXI‚ NO. 4 • AUGUST 2006 Corporate Financial Policy and the Value of Cash MICHAEL FAULKENDER and RONG WANG∗ ABSTRACT We examine the cross-sectional variation in the marginal value of corporate cash holdings that arises from differences in corporate financial policy. We begin by providing semi-quantitative predictions for the value of an extra dollar of cash depending upon the likely use of that dollar‚ and derive a set of intuitive hypotheses to test empirically
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CREATING SHARED VALUE For many years leading up to today‚ profit seeking enterprises have been viewed as a major cause of problems in the society and are believed to prosper at the expense of the community. The legitimacy of businesses has fallen and this diminished trust has led politicians to impose tougher restrictions on businesses that cause them to be uncompetitive. The problem lies in the fact that businesses continue to be short sighted in their approach to growth. They continue to look
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Moving towards Fair Value Accounting In the past‚ historical cost measures were mainly used for reporting as they are reliable. However‚ historical cost is only relevant upon acquiring the asset and becomes irrelevant as time passes. On the other hand‚ fair value-based reporting‚ which accounts for changes in fair values‚ can produce balance sheet figures that provide a better reflection of the company’s value. This is also why accounting bodies are moving towards fair value accounting (FVA). One
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How values affect individual and organizational behaviour Schwartz (1992) described values as desirable‚ trans-situational goals‚ changing in significance that serves as guiding principles in people’s lives. In simpler words‚ values evolve from circumstances with the outside world and can change over time. They are believed to have a significant influence on the behavioural and emotional of individuals (Rokeach‚ 1973)‚ also on the organisational culture (O’Reilly & Chatman‚ 1996). Values
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Before the bull market ended in 2007‚ many companies had accumulated large amounts of cash. Exxon Mobil‚ Microsoft‚ and Cisco Systems‚ for example‚ had amassed more than $100 billion in cash. At that time‚ the average large company in the United States had 7 percent of its assets in cash. Increased cash can be a benefit or a potential risk. Many companies put their cash to good use. Of course they are wise to have cash on hand for emergencies. They may also invest in productive assets‚ conduct research
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“MARKETING STRATEGY OF METRO CASH & CARRY COURSE TITLE: MARKETING MANAGEMENT GROUP MEMBERS: * M. Haseeb Khan (ID # 10115) * M. Arshad (ID # 10120) REPORT ANALYSER: Sir Ayaz Rafiq | Marketing management Submitted in support of the degree of MASTERS OF BUSINESS ADMINISTRATION (MBA) May 1st‚ 2013 Sir Ayaz Rafiq Iqra University (North Campus) Karachi‚ Pakistan. Dear Sir: The attached report authorized by you in the beginning of the term of Spring 2013 of MBA (weekend
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Person cultural values have always been the driving force on how I make my decisions in life. It also serves as a vital role in my nursing career by helping decide and overcome the challenges I often face as a nurse. Since I was a child‚ my parents has imbedded their cultural values in me. They have always taught me to care and respect other human beings. My personal values that my religion since I was a child has always taught me to treat others with honesty and dignity‚ which I have always
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