may recommend that Jennifer instead take a competency-based approach which describes the job in terms of the measurable‚ observable‚ behavioral competencies that an employee doing that job must exhibit. Because competency analysis focuses more on “how” the worker meets the job’s objectives or actually accomplishes the work‚ it is more workers focused. 2.Was it practical to specify standards and procedures in the body of the job description‚ or should these be kept separately? They do not need to
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PUBLIC SECTOR WHAT ARE PUBLIC GOODS‚ MERIT GOODS AND IMPURE PUBLIC GOODS? WHAT KIND OF A PROBLEM IS ASSOCIATED WITH THE PROVISION OF PUBLIC GOODS? WHAT ARE THE REMEDIES? A public good is a good or service that can be consumed simultaneously by everyone and from which no one can be excluded—nonrival and nonexcludable. They are determined in terms of their economic rather than their administrative‚ physical‚ normative or financing charateristics. The market will fail to exist for public goods because
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midst of a retail boom. The sector witnessed significant transformation in the past decade from small-unorganized family-owned retail formats to organized retailing. Indian business houses and manufacturers are setting up retail formats while real estate companies and venture capitalist are investing in retail infrastructure. Many international brands have entered the market. With the growth in organized retailing‚ unorganized retailers are fast changing their business models. However‚ retailing is
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Besides‚ I am intrigued by discovering something new every day‚ which makes me particularly interested in science. My most beloved subjects are Physics and Biology. Physic gives me the propensity to look in depth into the daily application of Physic‚ how they affect our life and theory behind. I have to admit that it is fairly a challenging subject and it trained me to have an inquiring mind and be conscientious to perform the best in my sheer ability. Biology allows me to learn about our own remarkable
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Average Cost (AVCO) Method of stock valuation allows for the cost of units to be averaged over a period of time‚ making it possible for units issued (sold) to be priced at an average cost. Advantages Disadvantages 1. Makes no assumptions about how the goods are issued. 1. More challenging to calculate 2. Valuation of closing stock will be close to the latest price. 2. A new average must be calculated with every purchase 3. Average price is mainly affected by the amount bought at the different
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action. Based on Schon (1987) theory reflection in action is a process which allows us to reshape what we are working on‚ while we are working on it. On the other hand‚ reflecting on action and thinking back on what we have done in order to discover how our knowing in action may have contributed to an unexpected outcome. There are many types of reflective theory to reflect on action. Gibbs Model of Reflection is a common model of reflection that is used within the health professions. It consists of
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Introduction Traditionally‚ cash basis of accounting has been used in the public sector; however‚ in recent years extensive debates have emphasised whether a move to accruals basis of accounting would be more feasible. The proponents argue for such a change due to the benefits accruals basis has to offer. There are still heavyweight supporters for cash basis such as IFAC – a body that issued 21 IPSAS based on IMF‚ EU Commission‚ and IFRS / IAS (Jorge Faustino‚ 2008). Moreover‚ there are several organisations
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production flows. When products flow immediately from one processing stage to the next‚ there is less build-up of work-in-process inventories. Question 2 Identify and explain each of the three major cycles of the total-life-cycle-costing approach How does the total-life-cycle costing approach differ from traditional product-costing? Explain. Answer Research‚ Development‚ and engineering cycle: target costing and value engineering Manufacturing cycle: activity-based costing‚ Kaizen costing post-sale
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According to the AC Nielsen India study‚ the industry grew 5.3% in value between 2004 and 2005. Indian FMCG Sector | | The Indian FMCG sector is the fourth largest in the economy and has a market size of US$13.1 billion. Well-established distribution networks‚ as well as intense competition between the organised and unorganised segments are the characteristics of this sector. FMCG in India has a strong and competitive MNC presence across the entire value chain. It has been predicted that
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[APC309 STRATEGIC MANAGEMENT ACCOUNTING Individual Assignment : Task a and Task b ] Table of Contents Part a 1.0 Introduction to performance management …………………………………………………………………………….2 2.0 EVA and ROI ……………………………………………………………………………………………………………………………2 3.0 Mangers orientation due to using EVA and ROI……………………………………………………………………….3 4.0 Overcoming the short term nature of EVA and ROI………………………………………………………………….4 5.0 Appendix…………………………………………………………………………………………………………………………………8 Part b 1.0 Introduction
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