* Value Analysis is a step by step approach to identify the function of a product‚ process‚ system or service; * To establish a monetary value for that function and then provide the desired function at an overall minimum cost without affecting any of the existing parameters like Quality‚ Maintainability‚ Productivity‚ Safely and other performance characteristics. Importance * Value analysis helps the employees to better understand their jobs. * Value analysis reduces the cost of the
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the Five Ws‚ a report can only be considered complete if it answers these questions starting with an interrogative word:[3] Who is it about? What happened? When did it take place? Where did it take place? Why did it happen? Some authors add a sixth question‚ “how”‚ to the list‚ though "how" can also be covered by "what"‚ "where"‚ or "when":[3] How did it happen? Each question should have a factual answer — facts necessary to include for a report to be considered complete.[4] Importantly‚
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GLOBAL COMPARABILITY IN FINANCIAL REPORTING: WHAT‚ WHY‚ HOW AND WHEN? REACTION PAPER The commentary paper mainly deals with the evolution and convergence of accounting standards. In response to comparability & convergence issues that have arisen to date‚ the commentary has discussed what comprises global comparability in financial reporting‚ why it has arises and how they could make it into reality and its timeline for estimated actuality. With the activities and interests
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JOCELYN T. BALAGUSA BSED-Supplemental How Values Affect A Person Values are set of beliefs to which a person refers to in times of crisis. That is when the person is confronted with the hardest decision to make. Say for instance‚ while I was taking a walk along the downtown area of Tacloban City‚ I saw an old woman carrying a pocket full of cash. Maybe she just came from selling her copra from a nearby buying shop. From her disheveled look‚ she was a real rural folk. I was so amused with
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3. Write an essay on "The value of education" by comparing and contrasting the ideas given by Library card" and “why go to University". Your essay should include: (a) Introduction (b) Summary of "The Library Card" (c) Summary of "Why go to University" (d) Why is education considered to be supremely valuable? Ans: The value of education is something about which you can go on writing so many things. It is not something which can develop on a scale basis. The education helps people in two ways
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which gives everything its value.” This quote by Thomas Paine is saying that everything we can get our hands on easily is appreciated too much‚ and that the value of the things we get should be measured by the amount of effort we put forth to obtain it. I too‚ like Thomas Paine‚ believe that the things that people value the most is those things which they have worked hard to obtain. This sentimental value can and should be more important to people than the objects monetary value. When people work
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* MARKET VALUE 1. Understand that the first component of value is "utility." It means that whatever you are delivering to your customer has to be fit for the purpose the customer will give to it. In essence‚ for any goods or service you deliver to a customer‚ having utility means that the customer can enhance the performance of their own assets‚ or remove some sort of constraint that prevents them from receiving more values from their assets * If it is a car wash‚ the car has to end up
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The Value of Science At the mention of the value of science‚ people will immediately associate it with beneficial results of scientific discoveries—the joys and conveniences which science has brought into human life. It is true that science has revolutionized our way of life and transformed the lives of billions of people. It has become the new “magic” which is capable of doing everything. The latest devices and gadgets around you for better living have all come about as a result of the
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Personality and Values I. PERSONALITY A. What Is Personality? • Personality is a dynamic concept describing the growth and development of a person’s whole psychological system; it looks at some aggregate whole that is greater than the sum of the parts. • Gordon Allport coined the most frequent used definition: o “The dynamic organization within the individual of those psychophysical systems that determine his unique adjustments to his environment” • The text defines personality as the
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www.sciedu.ca/ijfr International Journal of Financial Research Vol. 3‚ No. 4; 2012 Market Value of the Firm‚ Market Value of Equity‚ Return Rate on Capital and the Optimal Capital Structure Chao Chiung Ting Michigan State University‚ USA E-mail: tingtch7ti@aol.com Received: September 4‚ 2012 doi:10.5430/ijfr.v3n4p1 Abstract The firm should pursue both maximum return rate on capital and maximum return rate on equity simultaneously. Maximum return rate on capital is the primary goal for firms
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