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Question 1

Case Study: Making Vision, Mission and Values Meaningful

  • The vision is the dream, the aspiration for the future.
  • The mission is the purpose for being in business.
  • The values are those fundamental ethics and principles followed in business practices and guiding decision-making.

You recently worked with the leadership team of company Al tawfik. The newly appointed CEO recognized the need for a new focus and strategic direction. He also needed to use new methodologies for strategic thinking, collaboration and professional management.

This was preceded by an online survey which required responses to the following:

  • Choice of words that might best represent the company’s values.
  • Preliminary ideas using examples of vision, mission and values statements from industry giants and well-known companies to stimulate creative thinking.

In addition, participants were required to complete a behavioral intelligence assessment, including their  behavioral profile.

The first step was to work on the team-building, starting with a review of the behavioral profile. The underlying theme was to develop greater self-awareness. Most important to the team-building, each member of the leadership team shared results of their assessments. Reason for sharing? Discussion of personal characteristics with comments and feedback from colleagues and all about building trust. The importance was recognizing and respecting differences in style, and identifying opportunities for modifying behaviors to manage relationships more effectively. It worked and continues to work a few months later.

This was the first part of Leadership and Self-awareness program, followed by group discussions on leadership styles, characteristics, leadership versus management and case studies.

The online survey captured input in advance of the work session. All comments were circulated to executives prior to the meeting, together with existing vision, mission and values statements. Small groups worked the details and then presented to the full group for review, discussion and debate. The result – an outstanding set of statements, truly reflecting change and setting the parameters for the desired culture. An interesting by-product was the determination that “purpose” was a superior term to “mission,” since mission is all about the purpose for being in business. The intent? Focus on Purpose in planning, decision-making and determining priorities.

Next steps:

  • The draft statements were communicated to the entire organization.
  • The company’s marketing consultants refined the wording.
  • Leaders held meetings with all staff to discuss the relevance to each of them.
  • Posters were prepared with high visibility throughout the facilities.
  • The company values have been built into the core competencies portion of the performance review, highlighting accountability for demonstrating these values.

Following up a few months later, all managers participated in two days of training in Leadership & Self-awareness. This was supported by performance management training, including goal-setting, coaching skills, managing the difficult conversations, time management and meeting management. The underlying theme was reinforcing values and purpose. The rationale is obvious with importance lying in alignment and a consistent approach to key aspects of leadership and management.

Instructions

Analyze how the vision of the company is developed in this case and give additional examples of methods with which the vision of the company can be developed?

Discuss the interaction between the concepts of organizational vision, core competencies, Organizational strategies Operating plans and Actual operations?

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Question 2

 

Explain the difference between cost accounting and other branches of accounting?

  • 1 Difference between Cost Accounting and Management Accounting.
  • 2 Differences between Financial Accounting and Cost Accounting.

 

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Question 3

For a manufacturing company, total costs is the aggregate of total fixed costs and total variable costs.

In the following table you have the costs related to the different levels of activity.

Table 1

Total Costs

Output (Quantity produced) Fixed Costs Variable Costs Total Costs
0 10 0 10
1 10 12 22
2 10 20 30
3 10 26 36
4 10 30 40
5 10 32 42
6 10 34 44
7 10 40 50
8 10 48 58
9 10 58 68
10 10 72 82

 

Instructions

  • Analyze and discuss the cost behavior for this case?
  • What process is used to estimate future costs?

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  • Question 4

Discuss the effects of uncertainties and biases on decision quality? Give examples of uncertainties and biases?

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Case Study: Comprehensive Plan of Care and Paper


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Comprehensive Plan of Care and Paper

You have been provided with case studies in Week 4 and Week 5 that focused on genitourinary, and musculoskeletal disorders. You will pick one of these cases to analyze and create a comprehensive plan of care for acute/chronic care, disease prevention, and health promotion for that patient and disorder. Your care plan should be based on current best practices and supported with citations from current literature, such as systematic reviews, published practice guidelines, standards of care from specialty organizations, and other research based resources. In addition, you will provide a detailed scientific rationale that justifies the inclusion of this evidence in your plan. Your paper should adhere to APA format for title page, introduction, headings, citations, conclusion, and references. The paper should be no more than 4 pages excluding title page and references.

Criteria:

  • SOAP note
  • Evaluation of priority diagnosis
  • Facilitators and barriers to disorder management

 

Please Follow Grading Criteria Maximum Points
Introduction

The submission included a general introduction to the priority diagnosis.

10
Subjective Data

The submission included the patient’s interpretation of current medical problem. It included chief complaint, history of present illness, current medications and reason prescribed, past medical history, family history, and review of systems.

15
Objective Data

The submission included the measurements and observations obtained by the nurse practitioner. It included head to toe physical examination as well as laboratory and diagnostic testing results.

15
Assessment

The submission included at least three priority diagnoses. Each diagnosis was supported by documentation in subjective and objective notes and free of essential omissions. All diagnoses were documented using acceptable terminologies and current ICD-10 codes.

20
Plan of Care

Plan included diagnostic and therapeutic (pharmacologic and non-pharmacologic) management as well as education and counseling provided. The plan was supported by evidence/guidelines, and the follow-up plans were noted.

25
Evaluation of Priority Diagnosis

The plan chose the priority diagnosis for the patient and differentiated the disorder from normal development. Discussed the physical and psychological demands the disorder places on the patient and family and key concepts to discuss with them. Identified key interdisciplinary team personnel needed and how this team will provide care to achieve optimal disorder management and outcomes.

25
Facilitators and Barriers

The submission interpreted facilitators and barriers to optimal disorder management and outcomes and strategies to overcome the identified barriers.

20
Conclusion

The submission included what should be taken away from this assignment.

10
APA/Style/Format

The submission was free of grammatical, spelling, or punctuation errors. Citations and references were written in correct APA Style.
Utilized proper format with coversheet, header.

10
Total 150

 

 

 

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CASE STUDY 1

Musculoskeletal Disorders

After diagnostic testing, your patient was diagnosed with low back pain without any specific injury. One of the most important aspects of the care at this point is to create a comprehensive teaching plan. What are the important teaching points you need to consider for the acute care of this individual? And what would you suggest for prevention of potential future injuries?

Buy your research paper Online [Order: http://customwritings-us.com/orders.php]CASE STUDY 2

Genitourinary

Discuss the various types of sexually transmitted diseases. Your response should include the most common pathogens, typical signs and symptoms, and treatment.

  • What are the potential sequels from these diseases?
  • How will you integrate knowledge from evidence-based practice in creating a holistic plan of care for patients with sexually transmitted diseases?

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ULMS550 2016/17 Task 2 – Critical reflections on European HR practices


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 ULMS550 2016/17 Task 2 – Critical reflections on European HR practices

Julie Sinclair is the HR Director for TVS SCS  http://www.tvsscs.com

 

Activity 1:– Draw a mindmap of the UK employee relations expectations and practices

Activity 2:- Draw a mindmap of German employee relations expectations and practices

Activity 3 Develop a table of comparison to illustrate convergence and difference

(N.B. words in activities 1, 2 and 3 do not count in your 600 words)

Activity 4:- Write 600 words to be address to Julie Sinclair:- The question Julie would like addressing is “What challenges do the key Industrial Relations differences between Germany and the UK present?”.

 

Suggested guidance and enquiries

  1. Compare and contrast the differences between works Council versus Trade Union (Activity 1, 2 and 3)
  2. Consider the impact and importance of the Works Council versus Trade Union in Germany.
  3. Consider the HR practices that are used within a specific sector like the motoring industry.  Is there a right way?
  4. Do you consider that there is one global HR approach?
  5. Do and should HR practitioners be the holder of ethics in an industry that is consumer driven and financially managed?
  6. Are there other models and industries we can look to where there is much greater effort being made to address the employment relationship?

To help you contextualise this work Julie was asked the following questions:-

Q 1:- What situation has created the context of why the question is pertinent

A 1:-TVS SCS have recently taken on a contract with General Motors in Germany.  They are providing HR support to Transfer of Undertakings Protection of Employment (UK) (TUPE) over existing employees and then offering ongoing HR support.

 

Q 2:- What has lead you to ask this question regarding TUPE between UK and Germany employees all belonging to the same organisation?

A 2:- There are challenges in Germany dealing with the works council when it comes to employee relations issues in particular relating to terms and conditions. Any changes to terms and conditions, recruitment of new employees, introduction of new working practices have to be approved by the works council. They can have more influence than Trade Unions, in the UK it is the other way around.

 

Q 3:-What do you consider industrial relationships is in practice?

A 3:- Relationship with the works council and trade union and ongoing communication to the impacted workforce. It is important that we engage with all stakeholders and achieve a positive outcome.

 

Q 4:- What have been your experiences of the differences in employment relations between UK and Germany?

A 4:- Employment Law in Germany is very different to the UK and in addition we have the language barrier.

 

Q 5:- What expectations do you have from the question set out?

A 5:- I would expect to see an overview of the differences between working with TU/Works Council in Germany versus the UK and how this can impact on communication between management and the employees. Also the challenge of a UK firm taking over a German operation and the challenges an external HR consulting practice could face supporting General Motors through this transition period.

My question to you as students….Whilst Julie is with us what else do you need to ask to complete this task…

 

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Buy your research paper Online_Financial Mathematics and Business Statistics: Individual Coursework


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Financial Mathematics and Business Statistics: Individual Coursework

Instructions

This coursework tests your basic financial mathematics and statistical modelling skills, using spreadsheet software (Excel – formulae, financial maths, graphical features, Data Analysis and Solver tools) as well as your awareness of the reality of how financial products work. Your answers are to be presented in an essay/report format, for which you will use a word processor. In writing your report, please:

  • state and explain all assumptions, on which your answers are based;
  • clearly indicate your answer/recommendations;
  • no evidence of use of excel will result in a fail mark for this element of the coursework component of your mark;
  • support any answers with the appropriate calculations to arrive at the answer;
  • include selected screens of formulae underlying computed values. Failure to demonstrate you have created appropriate formulations on excel will be severely penalised. Despite the fact that you will be submitting the Excel file as well, your report is a stand-alone document, meaning a reader should not be required to look at the Excel file to understand your analysis, findings and recommendations;
  • please note that adequate usage of the excel calculations in the report is important. This means that the key data/findings needs to be included in the report and appropriate referencing needs to be done, i.e. the relevant cell/table/range in the relevant tab of the excel file mentioned at the point of the report when it should be consulted.

 

The report will have a maximum of 10 pages (including any Appendixes; penalties will be applied for longer submissions – you are required to develop your judgement on what is and isn’t important). Ten percent of the total mark is allowed for quality of the presentation and these marks are distributed among the questions.

 

You will need to submit a Word document with the report (see instructions above) and an Excel file with the calculations.

 

Also, please note that late submissions will be penalised, no matter how small and irrespective of computer or internet crashes or any other last minute unexpected problem, so make sure you plan your submission allowing enough time to overcome any last minute problems. This includes keeping up-to-date back-ups of your work!

 

Notes:

This coursework is your own (individual) work. Any student found guilty of plagiarism will be penalised. Standard penalties for late submissions are applicable.

 

Question 1:                                                                                                                 (10%)

 

With the reduction in sales driven by the financial crisis which have not fully recovered yet, Office Trade, a wholesaler of office equipment has been conducting a review of its stock ordering system. The management of the company has asked each of the analysts in its finance department, to look at each of its products, and you were asked to look at book shelving units. Having made your research, you have determined that it is uncertain when the recovery will start, so you have established the following demand scenarios for the next 12 months:

 

Scenario Crisis Continues Slow Recovery Medium Recovery Fast Recovery
Probability 20% 40% 35% 5%
Demand 25,000 35,000 50,000 75,000

 

Considering the cost per order is £30 and the average carrying cost per unit is £2:

 

  1. Determine the Economic Order Quantity given the data above.
  2. Produce sensitivity analysis assuming a change of up to 10% up or down on each of the factors individually and on all factors simultaneously.
  3. Make a final recommendation to the board of the company, as to the number of units it should include in each order.

 

Question 2:                                                                                                                 (15%)

 

A car manufacturer is looking to reorganise and increase the efficiency of its manufacturing operations, and is currently looking at an engine assembly line, which makes three different engines (1.8, 2.0 and 2.5litre). The prices charged for the engines are £2,500, £2,850 and £3,750 respectively, while the inputs required to make each of the engines are listed in the table below:

 

Product Basic Medium High Max. Available
Aluminium 10 units 11 units 12 units 52,000
Other Metals 5 units 7 units 6 units 30,000
Other Materials 6 units 4 units 9 units 28,000
Labour 2 hours 2 ¼ hours 2 ½ hours 10,000

 

The costs for the inputs are £25 per hour for Labour and £100, £120 and £35 per unit for Aluminium, Other Metals and Other Materials, respectively. There is also a maximum daily demand for the engines, which is 4,000 1.8litre, 3,500 2.0litre and 2,000 2.5litre.

 

Formulate this problem as a linear program and use Excel’s Solver to arrive at a solution. Write a short report describing your procedure, justify your formulation and give a recommendation to the firm on the best daily production mix.


Question 3:                                                                                                                 (30%)

The majority of banks, when making decisions on mortgage applications, will look at two indicators: salary and borrowing as a percentage of purchase price. On the first indicator, banks are normally willing to lend 2.5 times one’s salary or 3.25 times joint salary in a joint mortgage application, while currently most banks will lend up to 75% of the property price on their best rate with penalties for higher percentages. John and Julia are getting married and decided to buy a flat to move into once they do and are looking to take on a 25-year mortgage. You have been given the following data:

  • John’s current salary is £39,000 p.a. and Julia’s is £37,500 p.a. plus a bonus likely to be around £5,000 (based on previous 3 years experience);
  • Both have jobs where they partly telecommute, so on average each works from home 2 days a week;
  • Their total savings at the moment are £25,000;
  • John owns a flat which he plans to sell, and has been advised that he should be able to sell it for £150,000. The mortgage outstanding on this flat is £112,000;
  • The average price of flats in the area they would like to move into is as follows: studios £150,000; 1-bedroom £220,000; 2-bedroom £325,000; 3-bedroom £450,000; 4-bedroom £600,000
  • Having contacted a financial adviser at the end of January, he has identified the following as the best available mortgage rates:
  • Repayment fixed rate for 2-years of 1.89%. After that period, the rate reverts to the bank’s standard variable rate, which currently is 3.69%;
  • repayment fixed rate for 5-years of 2.34%. After that period, the rate reverts to the bank’s standard variable rate, which currently is 3.69%;
  • interest only mortgage at 5% for the life of the loan. In this instance, you would be required to create an investment fund, which pays an interest rate of 3.9% to cover the repayment of the mortgage.
  • All the rates above are for loans of up to 75% of the property value. There is an increase of 1.5%age points if borrowing is up to 90% of the property value.

Assess:

  1. What is the maximum John and Julia can borrow while taking advantage of the bank’s best mortgage rate;
  2. The amount you advise them to borrow, given their financial and professional situation;
  3. Which is the best mortgage that John and Julia to take out (assume they take out the amount you recommended in b);
  4. Whether that advice would change if interest rates went up or down by up to three percentage points.


Question 4:                                                                                                                 (20%)

 

Garnett plc has seen sales in one of its product lines decline over the last two years. The production is currently subcontracted and any changes require a six month notice, so Garnett has to decide now what to do for their most important advertising period, which is in September every year. The options it has identified are:

  • Option A – Invest £1million to make small changes to the product design and manufacturing process, which will generate increased cash flows in the short term;
  • Option B – completely redesign the product and production process, which will have a longer lasting effect on cash flows, but will require an investment of £7million.

 

Garnett’s required rate of return on investments is 12.5% and the estimated cash flows for the two options are as follows (in ‘000s):

 

Year Option A Option B
1 1,000 300
2 1,500 1,500
3 1,750 3,000
4 500 3,000
5   3,000
6   3,000
7   2,700
8   2,000
9   1,500
10   1,000

 

Required:

 

  1. Discuss and compare the different types of investment appraisal methods Garnett can use, including a discussion of the advantages and disadvantages of each.
  2. If Garnett had a rule that all investment projects need to payback within 3 years, what project would be chosen? Comment.
  3. Make a recommendation as to which project should be undertaken.
  4. If Garnett believes there is an opportunity to start exporting its product line to another country once sales are finished in its home country (i.e. from year 5), and it thinks it will be able to generate cash flows of £250,000 in the first year, £750,000 in the second and £1,250,000 in the subsequent four years, would your answer to part c) change? How? (Note: production can’t be further increased in the future if option B is chosen now)

 

 

 

 

 

 

Question 5:                                                                                                               (15%)

 

The table below represents data for the profits, sales, average shop size and number of product lines sold by the 20 branches of a retailing company. You have been asked to analyse the data, using the Data Analysis tool in Excel, and make recommendations, including the following:

 

  1. Summarise the distribution of profits of the twenty branches and comment on the results, including identification of any particularly good or poorly performing branches.
  2. Identify whether there is evidence that the average number of lines stocked per branch is significantly different from 150.
  3. Identify whether there is a significant difference between the profits of two groups of branches, split by the level of sales, with the threshold being £600,000.
  4. Based on this sample, provide a 98% confidence interval for the profits of the twenty branches and comment on the outcome.

 

Profit (£000s) Sales (£000s) Size (000s sq. ft.) Lines
77.5 613.9 3.2 80
91 217.4 4.3 200
20.7 900.9 3.1 164
40.8 673.4 1.5 150
45.8 424.7 3.2 69
41.1 542.2 1.8 128
47.5 564.6 2.5 75
80.4 662.1 3.1 182
16.5 583.6 4.2 126
22.3 720.2 0.6 164
40.8 881.5 1.8 145
68.1 227.7 0.8 130
17.7 807.4 3.8 154
66.2 656.4 0.3 124
31.3 632.8 2.3 142
15 548.5 5 178
67.8 533.6 1.5 173
55 147.5 1.7 199
8.6 311.4 3.8 98
16.5 450.1 4.6 148

 

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Key Tips to help Customwritings-us.com Recruit the Best Freelancers for Custom Essay writing Business


Key Tips to help  Customwritings-us.com  Recruit the Best Freelancers for Custom Essay writing Business

A founder especially a student cannot grow a business single-handedly, although some try, it is close to impossible to do so. One of the most daunting tasks you are yet to face is that of finding a suitable employee to help you run your business. A Custom essay writer search is one of the gruesome activities that you will undertake as you try to position your enterprise as a flourishing venture. Both large corporations and small businesses face similar challenges when it comes to hiring. While the big companies have the capacity to institute an entire department and charge it with the task of finding the right candidates for the available positions, the financial limitations that characterize small enterprises cannot permit such.

You can conceptualize, materialize and even commercialize a custom paper writing business concept by yourself, but in time, however, the tasks of operating the essay writing freelance  Essay writing freelance  venture will become too much for you to manage single-handedly. At this point, as a smart essay writing business person, you must get down to the gruesome task of a custom essay writer search, hiring the best workers to help achieve the entrepreneurial dream.

In current economic circumstances, hiring the best essay writers is more critical than ever before.  As a freelance business person, you can’t afford to lose even a single minute, money, and results from a wrong hiring choice (one of the most current Forbes articles by David K. Williams revealed that a bad hire could estimatedly cost you between $25 and $50,000). The cost of searching for the custom writing expert, interviewing, engaging and training him/her has risen considerably. The new recruits will also need desks, computers, phones and other related equipment, and then the largest costs of being an employer—salaries, taxes, and benefits.

Custom essay writing employers are of the perception that new essay writers are investments that must yield excellent financial returns over time. Over the course of my stint as an academic writer, I’ve hired several custom writers. While some were excellent employees who made major positive impacts in my enterprise, others just didn’t work out. In most cases, when an employee left or was terminated, I was the problem. Those who left on their own or were dismissed were exceptional people. I neither knew how nor had the proper skills of new people. I have analyzed my approach and I have realized that I only relied upon the traditional method of finding essays writing candidate whose skills, experiences and ability were suitable enough to match the available job’s description.

I have since learned the art of hiring and have come up with seven categories, which I have labeled as “7 C’s” that you should consider whenever you are in need of a new the need to find a new employee.

  1. Competence: This is the first and most critical attribute to look for. Does the candidate have the prerequisite training, skills, and experiences to successfully take on the tasks he is required to perform?
  2. Capability: Will the job applicant be able to successfully complete both the easy tasks and the ones that require more effort and creativity? For me, a capable employee is one who has the potential for growth and the ability and willingness to play more roles.
  3. Compatibility: Can the potential employee easily coexist with colleagues, and most importantly, can he or she get along with existing and potential clients and partners? It is also very critical to consider whether the candidate is willing and has the ability to be harmonious with you, his or her boss. If the person can’t, then you will face a big problem.
  4. Commitment: Is the potential employee committed to a long-term employment? Or is he or she just testing the waters, as she/he scouts for better opportunities? Past job narratives and time spent at each work station will provide you with a better insight on the matter.
  5. Character: Does candidate’s values align with yours? Is the person honest; does he/she keep promises? Are they selfless and a team oriented?
  6. Culture: Every institution has a particular way that members behave and interact with each other. Culture is based on absolute values, expectations, policies and procedures that influence the behavior of a leader and employees. Employees whose behaviours do not align with the business’ culture tend to be disruptive and challenging to work with.
  7. Compensation: As the employer, be sure the new employee is satisfied with the compensation package you are offering. If not, the worker may feel unappreciated and thereby underperform. Be careful about granting shares in the business; if not carefully handled, it will create challenges in the future.

During interviews, present the essay writing candidate with non-monetary reasons why working for you will probably be the best decision for them. You can emphasize that your business offers them space to grow as opposed to the bureaucratic office politics that characterize large corporations. In short, also be an attractive employer that some of the best talents would be happy to work with.

Also, ensure that you use the right Custom essay writing expert search method. Advertising your job offer on a popular job site will bring thousands of applications that you will not be able to go through. You can try more controlled methods such as your social media page to get the attention of job seekers within your reach. The other option is for you to use staffing agencies – they offload the task of doing the recruitment from you, and also do a thorough background check on the candidate before bringing him/her to you. You can also use the simple yet effective method of testing the applicant with the actual work.

Job seekers will provide you with answers according to the above categories. The can either be modest or exaggerate their answers. To obtain a better perspective of potential workers, I advise that you contact former colleagues of the individual. Most of the referees provided by candidates in most cases provide a biased report. Instead, seek information from former bosses, peers, and subordinates. This will provide you with a view, good and bad, which will in a better way leave you equipped to make the best decision with regards to your custom essay writer search. If you want to receive the best custom writing online services, go to the link http://customwritings-us.com/orders.php

 

Key Tips to help Customwritings-us.com Recruit the Best Freelancers for Custom Essay writing Business


Key Tips to help  Customwritings-us.com  Recruit the Best Freelancers for Custom Essay writing Business

A founder especially a student cannot grow a business single-handedly, although some try, it is close to impossible to do so. One of the most daunting tasks you are yet to face is that of finding a suitable employee to help you run your business. A Custom essay writer search is one of the gruesome activities that you will undertake as you try to position your enterprise as a flourishing venture. Both large corporations and small businesses face similar challenges when it comes to hiring. While the big companies have the capacity to institute an entire department and charge it with the task of finding the right candidates for the available positions, the financial limitations that characterize small enterprises cannot permit such.

You can conceptualize, materialize and even commercialize a custom paper writing business concept by yourself, but in time, however, the tasks of operating the essay writing freelance  Essay writing freelance  venture will become too much for you to manage single-handedly. At this point, as a smart essay writing business person, you must get down to the gruesome task of a custom essay writer search, hiring the best workers to help achieve the entrepreneurial dream.

In current economic circumstances, hiring the best essay writers is more critical than ever before.  As a freelance business person, you can’t afford to lose even a single minute, money, and results from a wrong hiring choice (one of the most current Forbes articles by David K. Williams revealed that a bad hire could estimatedly cost you between $25 and $50,000). The cost of searching for the custom writing expert, interviewing, engaging and training him/her has risen considerably. The new recruits will also need desks, computers, phones and other related equipment, and then the largest costs of being an employer—salaries, taxes, and benefits.

Custom essay writing employers are of the perception that new essay writers are investments that must yield excellent financial returns over time. Over the course of my stint as an academic writer, I’ve hired several custom writers. While some were excellent employees who made major positive impacts in my enterprise, others just didn’t work out. In most cases, when an employee left or was terminated, I was the problem. Those who left on their own or were dismissed were exceptional people. I neither knew how nor had the proper skills of new people. I have analyzed my approach and I have realized that I only relied upon the traditional method of finding essays writing candidate whose skills, experiences and ability were suitable enough to match the available job’s description.

I have since learned the art of hiring and have come up with seven categories, which I have labeled as “7 C’s” that you should consider whenever you are in need of a new the need to find a new employee.

  1. Competence: This is the first and most critical attribute to look for. Does the candidate have the prerequisite training, skills, and experiences to successfully take on the tasks he is required to perform?
  2. Capability: Will the job applicant be able to successfully complete both the easy tasks and the ones that require more effort and creativity? For me, a capable employee is one who has the potential for growth and the ability and willingness to play more roles.
  3. Compatibility: Can the potential employee easily coexist with colleagues, and most importantly, can he or she get along with existing and potential clients and partners? It is also very critical to consider whether the candidate is willing and has the ability to be harmonious with you, his or her boss. If the person can’t, then you will face a big problem.
  4. Commitment: Is the potential employee committed to a long-term employment? Or is he or she just testing the waters, as she/he scouts for better opportunities? Past job narratives and time spent at each work station will provide you with a better insight on the matter.
  5. Character: Does candidate’s values align with yours? Is the person honest; does he/she keep promises? Are they selfless and a team oriented?
  6. Culture: Every institution has a particular way that members behave and interact with each other. Culture is based on absolute values, expectations, policies and procedures that influence the behavior of a leader and employees. Employees whose behaviours do not align with the business’ culture tend to be disruptive and challenging to work with.
  7. Compensation: As the employer, be sure the new employee is satisfied with the compensation package you are offering. If not, the worker may feel unappreciated and thereby underperform. Be careful about granting shares in the business; if not carefully handled, it will create challenges in the future.

During interviews, present the essay writing candidate with non-monetary reasons why working for you will probably be the best decision for them. You can emphasize that your business offers them space to grow as opposed to the bureaucratic office politics that characterize large corporations. In short, also be an attractive employer that some of the best talents would be happy to work with.

Also, ensure that you use the right Custom essay writing expert search method. Advertising your job offer on a popular job site will bring thousands of applications that you will not be able to go through. You can try more controlled methods such as your social media page to get the attention of job seekers within your reach. The other option is for you to use staffing agencies – they offload the task of doing the recruitment from you, and also do a thorough background check on the candidate before bringing him/her to you. You can also use the simple yet effective method of testing the applicant with the actual work.

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Buy Research Paper OnIine _PL4001 SOCIAL RESEARCH METHODS (USING SPSS)


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IPL4001 SOCIAL RESEARCH METHODS

INSTRUCTIONS FOR QUANTITATIVE ASSIGNMENT

(Updated December/January 2017)

Quantitative research exercise 1,500 words (30%)

(LO 4, 5, 9, 10)

  • Understand the processes involved in quantitative data collection and analysis
  • Critically evaluate the significance of research findings in substantive area(s)
  • Demonstrate research skills appropriate for quantitative research methods
  • Demonstrate critical evaluation skills relevant to substantive research area(s)

 

Students will be expected to write up a short research report (1,500) on data collected as part of

a class exercise exploring Students’ Attitudes to Research.

 

The exercise will include the two main components

  1. Setting up an SPSS database (this will be undertaken as part of a specific SPSS skills workshop). Please note that attendance at this workshop is strongly recommended regardless of the student’s level of skill in developing SPSS databases, as specific instructions on how to conduct descriptive statistics and ‘t-tests’ required for the report will be addressed in this workshop.

 

  1. Producing a research report (1,500 words).

 

Students will be provided with completed MA/MSc students’ attitudes to research database.

 

This will be on myUniHub under the MA Social Work folder and the MSC Mental health Studies/Dual Diagnosis/MSc Complementary Health folders.

 

You will find the data under the module IPL4001 and SPSS Workshop Materials. The name of the file is ‘January SPSS Database 2017’.

 

The data will have been collected from students taking IPL4001 (Social Work and Health Students), who have been asked to complete an ‘attitudes to research’ questionnaire. Students will be expected to:

 

OUTLINE OF BRIEF RESEARCH REPORT ; please use the following format (Headings 1 to 5 below)

 

Heading 1       –           Introduction/statement of the problem

 

Should include a short statement regarding the challenges of teaching research in undergraduate/post graduate courses and how in particular social work/nursing students are somewhat anxious about undertaking ‘quantitative research’.

 

Heading 2       –           Literature review

 

Should include a short/brief review on current knowledge regarding post graduate student’s attitudes to research in general and specifically attitudes to the use of quantitative methods.  The expectation is that students include 3-4 references on current literature addressing this issue.


Heading 3       –           Methods

 

Sub heading 1             Sample – describe what type of sampling was undertaken e.g. purposeful,

convenience etc, size of study population

 

Sub heading 2             Setting – describe where the research took place e.g. University setting, Department of Mental Health and Social Work, etc

 

Sub heading 3             Instruments – describe the instrument used, including its reliability and validity. A copy of the scale ‘The Attitudes Towards Research Scale (ATR)’  can be located at http://www.stat.auckland.ac.nz/~iase/serj/SERJ4(1)_Papanastasiou.pdf

 

Or a copy of the pdf paper has been uploaded into the folder SPSS Workshop Materials

 

Sub heading 4             Data collection/procedure– describe how the data was collected e.g. questionnaires were distributed within the class room and students were given 10-15 minutes to complete etc…

 

Sub heading 5             Data analysis – provide an overview of what analysis was employed and rationale for the use of descriptive statistics and t-tests.  Students should not just describe the analysis e.g. the mean was calculate for age, but should offer information on why the mean is calculated.

 

Heading 4                   Findings or Results (Student can choose which term to use)

 

Should include all the study findings, including where relevant the use of histograms or tables.  Please note tables and graphs are not part of the word allowance and should not be in the appendix.  Please do not ‘discuss’ your results in this section, this should be only be in the discussion.  When reporting the results please ensure that you do not present the same results in different formats e.g. in the text, then in a table, and again in graph form.  The aim is to ‘pull out the relevant data’ (usually the most important finding), report this in the text and then refer the reader to the remaining findings in the table/graph/figure.

Results should be reported as follows

Sub heading 1             % Response rate (note: the total number of students who could have taken part over the number who actually took part e.g.

This year (2016 – 17) there are 70 students registered for the module; please check how many actually took part in the study on the database file

Sub heading 2             Sample profile (including gender, age, highest education qualification attained, previous research experience, course status)

Sub heading 3             Attitude profile (include the mean scores for total research attitude and five sub scales (Life, Career, Positive, Difficulty and Anxiety for study participants)(see notes on analyses on how you might tackle the analysis and presentation of findings

Sub heading 4             Results for Hypotheses 1 and 2

 

Heading 5                   Discussion

 

You should include a discussion and interpretation of key study findings and refer back to relevant material you cited in the Literature Review (Heading 2).

NOTES ON MAKING YOUR ANALYSES

Students will be expected to produce descriptive statistics from the data provided.

 

How to analyse and profile sample

Descriptive statistics are used to describe the basic features of the data in a study. They provide simple summaries about the sample and the measures. Together with simple graphics analysis, they form the basis of virtually every quantitative analysis of data.

 

Students should report on the following descriptive statistics (Heading 4 Sub heading 2)

  • Overall response rate – please note that 70 students were registered on the module and thus potentially available to participate
  • Gender – frequency/percent
  • Mean age (including Standard Deviation, min and max)
  • Highest education qualification attained – frequency/percent
  • Previous research experience – frequency/percent
  • Course status – frequency/percent

 

 How to interpret and report the findings for Attitude towards Research (Heading 4, Sub heading 3)

  • Mean score of total research attitude (including Standard Deviation, min and max)
  • Mean score of each of the five sub-scales (including Standard Deviation, min and max)

 

Total Research Attitude (new variable created) is determined by adding up the scores of each of the 32 items on the questionnaire.  Given that the scale responses are between 1 (negative attitude) and 7 (positive attitude), the minimum score a respondent could achieve on this scale is 32 (i.e. 1×32) and maximum score will be 224 (i.e. 7 x 32) (neutral point = 96).  Hence to determine the meaning of the score a respondent gets using this scale i.e. total research attitude, the higher the score the more positive the attitude.

The ‘concept’ of attitude to research is multidimensional (i.e. 5 areas that make up total attitude) and the scale measures each dimension (e.g. Life, Anxiety, Difficulty, Career, and Positive) – please refer to the full paper by ELENA C. PAPANASTASIOU the researcher who developed the instrument for a more in depth explanation of development of each dimension/factor.   A copy of this paper has been uploaded as a pdf on myUniHub or you can download it at:  http://www.stat.auckland.ac.nz/~iase/serj/SERJ4(1)_Papanastasiou.pdf

It therefore is important to appreciate how the ‘total research attitude’ is reflected and to draw further meaning/understanding by exploring each dimension in its own right.  Hence each domain minimum and maximum scores need to be known so that the respondents score can be interpreted as positive or negative.  The following table below shows the range of possible minimum score (negative attitude) and maximum score (positive attitude) for each domain. (In practice, remember that this cohort’s actual results may not go as low as the minimum or as high as the maximum score for each item).

Life (4 items) (min score 4 max score 28) (neutral point 12)

Anxiety (8 items) (min score 8 max score 56) (neutral point 24)

Difficulty (3 items) (min score 3 max score 21) (neutral point 9)

Career (9 items) (min score 9 max score 63) (neutral point 27)

Positive (8 items) (min score 8 max score 56) (neutral point 24)

Reporting the findings in your research report

For the purposes of the research report, you are expected to report and interpret the mean score for overall research attitude for the entire group, and the mean score for each domain.

 

You have two options of determining how best to interpret the means of the overall attitude score and each of the subscales (domains).  You can work out the mean of the means by dividing the mean for each total subscale score by the number of items in each sub scales, this will give you a ‘mean of the means’ which will be somewhere between 1 and 7 ( the original range of scores that participants could give on the Likert scale).  If we accept that 4 is neutral i.e. neither positive or negative then you can interpret the scores against this.

 

The second way would be to subtract the mean score for each subscale from the median score for each subscale and determine whether the study participants scores are plus/minus – if plus i.e. higher than the median then you can interpret that this subscale is going in the direction of being positive and vice versa, you can also interpret which subscale appears to score the highest positive score.

 

 

How to analyse and interpret the Hypotheses (Heading 4, Sub heading 4)

 

In addition to undertaking the above, students will expected to address the following two hypotheses

H1 Attitudes to research are different between male and female students

 

H2 Students, with previous research experience (e.g. undergraduate, field experience) will have a more positive attitude towards research, than students who have no previous research experience.

 

This will be achieved by running an independent ’t-test’. This is the most commonly used method to evaluate the differences in means between two independent groups.

 

The test variable for each t-test will be ‘total research attitudes’ and the grouping variable for hypothesis 1 will be ‘gender’ (Group 1 – 1(i.e. male; Group 2 = 2 (i.e. female). The grouping variable for hypothesis 2 will be ‘researchexperience’ (Group 1 – 0 (i.e. no; Group 2 = 1 (i.e. yes).

 

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Library Research Assignment (LRA) #1
LRA 1: Essential Guidelines
HIST 105, RCI, F-2016, RC Weller
40 pts (4% of overall grade)

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*Write your answers out in a separate document, numbering the questions and answers clearly as
shown/instructed. When finished, save your work in WORD document format and upload it in the Dropbox on
Bb. Be sure that you have completed the assignment properly before uploading it on Blackboard. You cannot
resubmit.
*Be sure to include the standard assignment heading for this and all assignments at the very top of your paper,
as follows:
HIST 105, RCI (___ am/pm), F-2016, Dr. Weller
Name of Assignment, Due Date
Your Full Name, WSU ID, WSU Email Address, Row #
Q1: List five contemporary issues in which you are interested. They should be topics or
stories which have been in the news within the past year (2015-2016). Your selected
topics/stories cannot be vague and general. (For example, “Racism in the World Today” or “Global
Warming and Climate Change.”) They must be about *specific* issues, that is, issues involving specific
political, national, ethnic, religious, cultural, racial, gender, sexual or other groups in specific places at
specific times. (For example, “The Problem of Human and Child Trafficking in India,” “The Rise of ISIS in
Middle Eastern and Global Affairs,” or “The Crisis of Melting Tundra across Alaska, Northern Canada, and
Siberia.”)
List the topics as if they were titles for a research paper (5-10 words each). Be sure to number each
answer (1A- First Topic Title; 1B- Second Topic Title; 1C- Third Topic Title; 1D- Fourth Topic Title; 1EFifth
Topic Title). Use specific facts from the State of the World Atlas and/or specific news stories from the
following world news sites to help you if needed:
http://www.nytimes.com/pages/world/index.html
http://www.bbc.com/news/world
http://www.cnn.com/2015/12/21/world/top-stories-year-talking-2015-feat/
http://www.worldbulletin.net/22/world
http://www.japantimes.co.jp/news/world
http://www.chinadaily.com.cn/world/
https://www.rt.com/news/
————————————————————————————————————————–
Q2: Select Your Research Topic from the list above and Name the Two Course Themes with
which it most clearly, directly connects. This course employs five broad themes common to all who
live in contemporary global society and those who have lived in centuries past. They are: 1- humans and the
environment, 2- “our shrinking world” (which refers to ‘global interconnectedness’), 3- inequality (racial,
gender, sexual, and other), 4- diverse ways of thinking (between religions, cultures, civilizations, or about
politics, economic systems, etc.) and conflict (religious, cultural, ethnic, racial, political, etc.).
Library Research Assignment (LRA) #1
As above, your selected research topic cannot be vague and general. (For example, “Racism in the World
Today” or “Global Warming and Climate Change.”) It must be about a *specific* issue, that is, an issue
involving specific political, national, ethnic, religious, cultural, racial, gender, sexual or other groups in
specific places at specific times. (For example, “The Problem of Human and Child Trafficking in India,” “The
Rise of ISIS in Middle Eastern and Global Affairs,” or “The Crisis of Melting Tundra across Alaska, Northern
Canada, and Siberia.”). After stating research topic, explain briefly how at least 2 of these themes relate to/tie
into your chosen topic (30-50 words total). Clearly distinguish the two parts of this question as
follows:
2A- Research Topic (5-10 words)
2B- Connection to Two Course Themes (30-50 words total)
————————————————————————————————————————–
Q3: Locate and Cite one Newspaper Article which relates to your selected research topic to
use as a ‘Contemporary Documentary Source’ in your Final Research Paper (FRP)
Go to the WSU Library Newspapers LibGuide on the WSU Library website. (If you need help finding the
location, ask a librarian.) In the large middle column, go down to the third link and click on Lexis Nexis
Academic (the Libraries’ most comprehensive newspaper source). Search for newspaper articles by opening
the “Search the News” search box at the bottom left. Be sure to choose “source type” and limit your search
to only newspapers). [see Part I:Database Specific Video Tutorials]
Once you locate a newspaper article in the LexusNexus database which relates to your
selected research topic, in the textbox below, cite the article using the Chicago Style
bibliographic (not footnotes) citation format. Your newspaper article must be less than five
years old. (Be sure to ‘Bookmark’ this RCI Chicago-style page for quick reference. Unless otherwise directed,
use only this page and the Purdue OWL site (introduced later) for this series of research assignments.) Your
citation should include a URL and state the “date accessed” (see the Chicago-style reference page). Note that
you CANNOT simply cut and paste the URL from the browser’s address bar. From the proper URL for the
article, click on the ‘Copy Document’ icon in the upper right (looks like a clipboard with a chain). Follow the
instructions to get your URL.
Not only do you need to cite the URL correctly for this assignment, but you will need to have access to this
article in the future to complete your other LRAs and Final Research Paper (FRP). For that reason, you should
consider downloading or printing the article now, though it is not required for this particular assignment.
3A: Newspaper Article Citation (Chicago Style) Example: Fitrat, Samantha. “ISIS Goes Global.” New
York Times, Nov. 13, 2015. URL: http://www.nytimes.com/……… Date accessed: Jan 22, 2016.
—————————————————————————————————————————
Q4: Locate and then provide the correct Chicago-style bibliographic citation for two topic
relevant books (single- or co-authored volumes only; no ‘edited’ volumes). Label your
citations 4A and 4B. For Chicago-style, use ‘notes/bibliography style’, in ‘bibliographic’
form (NOT footnotes/endnotes). For help understanding the difference between a ‘single-authored
volume’ and an ‘edited volume’, see the “*Note” at the end of Q6 below.
*You must obtain (or be able to access electronically) a copy of each book.
*Under each book citation (1A and 1B), enter:
Library Research Assignment (LRA) #1
–the library location (e.g., Holland/Terrell Libraries) and call number (e.g.,
HD34 .B338) for your two books from the “Available at” information bar or under the
“Availability and Request Options” link.
–the Permalink URL for your book (Go to “Availability and Request Options” >
“Actions” > “Permalink”). For electronic books, only enter the Permalink
URL (“Access Options > “Actions” > “Permalink”).
–the “interlibrary loan request number” if you ordered your book through Summit
or ILLiad.
*Citation example in Chicago-Style (Notes & Biblio) for Books:
Smith, John. A History of Education in America, 1636-1992. New York: Palgrave MacMillan, 1994.
4A- Scholarly Book (Single- or co-authored volume) Citation #1
4B- Scholarly Book (Single- or co-authored volume) Citation #2
——————————————————————————————————————
Q5: Using JSTOR and/or Project Muse via the WSU Library website, provide the
correct Chicago-style ‘bibliographic’ citation for TWO scholarly articles published in a
history journal in the last 25 years (i.e. published after 1990) that can help you learn about
the historical roots of your contemporary issue. Label the citations 5A and 5B. For Chicagostyle,
use ‘notes/bibliography style’, in ‘bibliographic’ format (NOT footnotes/endnotes).
*Citation example in Chicago-Style (Notes & Biblio) for Journal Articles:
Kossinets, Gueorgi, and Duncan J. Watts. “Origins of Homophily in an Evolving Social Network.”
American Journal of Sociology 115 (2009): 405–50. Accessed February 28, 2010.
doi:10.1086/599247.
5A- Scholarly Journal Article Citation #1
5B- Scholarly Journal Article Citation #2
——————————————————————————————————————
Q6: In order to provide world historical context for your research topic, select *one*
chapter from each of the following two books. You should select the chapters which
best relate to your research topic. Your grade for this question will be determined
based on how well your selected chapters relate to your research topic. Select only
from the chapters listed.
Bentley, Jerry, ed. The Oxford Handbook of World History. Oxford University Press, 2011. (This book is available on
reserve at Terrell-Holland Library; you can go check the book out and make a copy of your selected chapter. Or,
your selected chapter can be requested online via ILL services at https://wsu.illiad.oclc.org/illiad/PUL/illiad.dll.)
Ch 4: Matthew J. Lauzon, “Modernity.” (pp 72-88)
Ch 5: Jurgen Osterhammel, “Globalizations.” (pp 89-104)
Ch 7: David Christian, “World Environmental History.” (pp 125-142)
Ch 8: John A. Mears, “Agriculture.” (pp 143-159)
Ch 14: Kenneth Pomeranz, “Advanced Agriculture.” (pp 246-266)
Ch 10: Charles Tilley, “States, State Transformation, and War.” (pp 176-194)
Ch 11: Marnie Hughes-Warrington, “Genders.” (pp 195-209)
Library Research Assignment (LRA) #1
Ch 12: Zvi Ben-Dor Benite, “Religions and World History.” (pp 210-228)
Ch 13: Daniel R. Headrick, “Technology, Engineering, and Science.” (pp 229-245)
Ch 15: Dirk Hoerder, “Migrations.” (pp 269-287)
Ch 17: P.K. O’Brien, “Industrialization.” (pp 304-324)
Ch 18: J.R. McNeill, “Biological Exchanges in World History.” (pp 325-342)
Ch 19: Jerry H. Bentley, “Cultural Exchanges in World History.” (pp 343-360)
Ch 21: Prasenjit Duara, “Modern Imperialism.” (pp 379-395)
VanHaute, Eric. World History: An Introduction. Routledge, 2013. (This book is available free online via the WSU
library website; your selected chapter can be downloaded with the online tools provided at the book’s reading site.
Note that I have not provided chapter one because you should NOT use chapter one for your study.)
Ch 2: “A Human World: humans and humankind.” (pp 23-45)
Ch 3: “A Natural World: ecology, energy, and growth.” (pp 46-62)
Ch 4: “An Agrarian World: farmers, agriculture, and food.” (pp 63-74)
Ch 5: “A Political World: governance and rulers.” (pp 75-87)
Ch 6: “A Divine World: culture, civilizations and religions.” (pp 88-100)
Ch 7: “A Divided World: The West and The Rest.” (pp 101-121)
Ch 8: “A Global World: globalization or globalizations?” (pp 122-134)
Ch 9: “A Polarized World: development, poverty and inequality.” (pp 135-144)
Ch 10: “A Fragmented World: unity and fragmentation.” (pp 145-159)
After selecting one chapter from each book listed above, cite each selected chapter
according to the example provided below. Number your answers 6A and 6B, as shown. Note
that “xx-yy” = the page numbers for the chapter.
6A: Author Last Name, First Name, “[Selected Chapter Title].” In The Oxford Handbook of
World History, edited by Jerry H. Bentley, xx-yy. Oxford and New York: Oxford University
Press, 2011.
6B: VanHaute, Eric. “[Selected Chapter Title].” In World History: An Introduction, xx-yy.
Abingdon and New York: Routledge, 2013.
*Note that in 6A the author of the chapter is different from the “editor” of the main book whereas in 6B the author of the chapter
and the book are the same because only one author wrote the entire book, therefore it is not necessary in the second case to repeat the
author’s name twice in the citation. The first book is an ‘edited volume’, where many writers each contribute a single chapter to the
volume and then only one or two of them serves as ‘editor’ to organize and introduce it, while the second book is a ‘monograph’ or
‘single-authored volume’.
——————————————————————————————————————
Q7: Locate and cite a ‘Primary Source’ document related to your research topic. Your
Primary Source document must have been written before 1950. This can be either a
‘documentary source’ (book, journal article, newspaper article, or popular magazine article) or a
‘non-documentary source’ (diary, letter, speech transcript, interview transcript, personal papers,
etc). You can use WSU Library databases (Historical/Older Newspapers). Your citation should be
in Chicago Style bibliographic format. Since the citation format depends on the type of source
(book, journal article, newspaper article, etc.), you will need to follow the correct format for the
type of source you select. You can consult the LRA 1 or LRA 2 Essential Guidelines or, if needed,
the Chicago Style Quick Reference Guide on Blackboard in the LRA folder. Number your answer
as follows:
7A: Primary Source Citation (Chicago Style, Bibliographic format)
Library Research Assignment (LRA) #1
——————————————————————————————————————
Q8: Formulate Two Preliminary Research Questions that you hope to answer by the end of your
research. Be sure that your questions are *historically* focused, that is, that they point you
toward a study of the *historical roots* of your selected research topic in order to find the
answers. Do not be vague and general. (For example, “What are the historical roots of my contemporary
issue?”) Be clear and specific. (For example, “When were the first signs of glacial melting observed in the
Arctic?”). Formulate two research questions and number them 3A and 3B. (Read the Part I: Writing
Research Questions and Part I: Roots Research Question Example research guides to aid you in the process
of writing your research questions.)
8A. Research Question One (7-15 words)
8B. Research Question Two (7-15 words)

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Assignment help-AFAS200 Principles of Financial Literacy


Assignment help-AFAS200 Principles of Financial Literacy

AFAS200 Principles of Financial Literacy
Individual Assignment – Semester 3 -2016
Due to be submitted no later than 5PM Wednesday 18 January 2017
NO late assignments will be accepted, therefore students who fail to submit their
assignment by the above due date will be awarded a zero mark (NO EXCEPTIONS)
The assignment needs to be submitted online by the above date in a soft copy format via
Turnitin link placed on the Ilearn course website.
NO ASSIGNMENT WILL BE ACCEPTED VIA EMAIL OR ANY OTHER FORM/S
The work must be your own. Turnitin similarity reporting/rules are strictly applied
Penalties may be applied for similarities exceeding 20% and or where there is evidence
of plagiarism. Cases were systemic plagiarism is identified will be referred t the
university for further disciplinary actions
This assignment will comprise a total of 20% of the marks allocated for this Course.
Important Notes:
• The assignment must be typed (font 11, Arial or Times New Roman)
• Attempt ALL questions
• Where appropriate, the use of tables, graphs, flowcharts, etc. is encouraged to
help illustrate your point clearly
• Show workings and calculations where applicable
• Marks will be awarded for the presentation of your work
• Assumptions can be made, however, they need to be reasonable and logical and
cannot conflict with the facts in the question/s and must be clearly stated
• Always explain and justify your answer/s /recommendation/s
• Clearly state your source reference/s
• Total maximum word limit is 3,000 words
• Plagiarism by any student/s will render the student/s involved a zero mark and
possible further actions by the University
2 | P a g e
Case study – Couples information
Couple 1 Couple 2 Couple 3
Profile Wealth Accumulators Pre- Retirees Retiree
Names Tom & Gina Sean & Tina George & Rita
Ages Tom:29, Gina: 28 Sean:54, Tina: 52 George 68, Rita: 65
Marital Status Recently married Married (2 children ages
16 & 15)
Married (2 children and 2
grandchildren ages3&2)
Dependents 0 1 0
Occupation Tom: Lawyer
Gina: Accountant
Sean: General manager
Tina: Teacher
George: Retired
Rita: Retired
Household
Income (after
tax)
$185,000 $300,000 $110,000 (Pension and
investment income)
Living
Expenses
$135,000 $185,000 (including
mortgage)
$75,000
Assets (Total
assets owned
by the couple)
Home: Renting
Superannuation
$172,000 (3 accounts
for Tom and 2 for
Gina)
Cash at call: $12,500
Term deposit: $30,000
(matures 6 Jan 2017)*.
Car: $85,000
Home: $2.4Million
Superannuation
$670,000
Cash at call: $42,000
Term deposit: $77,000
(matures 5 Jan 2016)
Share & managed funds
$185,000
Cars: $130,000
Home $2.8 Million
Superannuation Pension
$1,750,000
Cash at call: $42,000
Term deposit: $175,000
(matures 8 January 2017)
Shares & managed funds
$500,000
Car: $95,000
Liabilities Credit cards $36,000
Personal loan:$22,000
Car Loan:95,000
Home Loan $ 650,000 Nil
Risk profile High Growth Growth Balanced
Goals &
objectives
Paying off debt,
saving a deposit to buy
a house and
going on a skiing
holiday to USA
Paying off a home loan,
saving ,
paying for private school
fees and
saving for retirement
Comfortable retirement,
going on a holiday to
Europe in the next 12
months and
starting a sinking fund for
their grandchildren
3 | P a g e
Assignment Questions (Total 100 marks)
IN YOUR OWN WORDS You need to prepare a report to answer the questions
below related to the 3 couples above. Your report needs to explain and discuss
issues asked in the questions below and related to the 3 couples, specific
circumstances.
1. Describe how budgeting and financial planning are important to help each of the
3 couples meet their goals and objectives. (20 Marks)
2. Discuss the key differences and the advantages and disadvantages of the
following investments. Comment specifically on the suitability of each of these
investments to each of the clients above. Explain and justify your answer.
a. Direct investment vs. investment via Mutual trust/Managed funds
b. Government vs. Corporate bonds
c. Use of Gearing (borrowing to invest) compare with not using Gearing
d. Defensive assets investment vs. Growth assets investment
(40 Marks)
3. Explain the concept of risk management and why it’s important to consider
insurance as part of risk management highlighting. List 1personal and 1 general
insurance recommendations to each of the 3 couples and explain why they would
be considered by each of the 3 couples (you need to list and explain 2
recommendations for each of the couples, 6 in total)
(10 Marks)
4. Explain why it’s important to consider superannuation as part of saving for
retirement and retirement palming. List and explain 2 possible
superannuation/pension recommendations or strategy and explain why they
would be considered by each of the 3 couples (you need to list and explain 2
recommendations for each of the couples, 6 in total)
(10 Marks)
5. Explain why it’s important to consider having a valid will and an appropriate
power of attorney as part of the couples’ estate planning highlighting the benefits
and risks as applicable. In your answer relate specifically to each of the 3 couples
individual circumstances.
Report Presentation (10 Marks)
Your report needs to be professionally presented and reader friendly
END OF ASSIGNMENT

Assignment help-AFAS200 Principles of Financial Literacy

Need Help-ACC5502 Accounting and Financial Management


Need Help-ACC5502 Accounting and Financial Management 
ACC5502 Accounting and Financial Management

Assignment 2 S3 2016; Due date:  25th January
This assignment is designed to give you an opportunity:  apply management accounting concepts and finance frameworks…to increase the effectiveness of management decision making (Objective 2)  apply management accounting concepts …to help assess the impact on organisational systems (Objective 3)  apply and use management accounting concepts and finance frameworks…to provide solutions to real world problems  (Objective 4)
Part One (60 Marks)
Question One
Corporate budgeting is a joke, and everyone knows it. It consumes a huge amount of executives’ time, forcing them into endless rounds of dull meetings and tense negotiations. It encourages managers to lie and cheat, lowballing targets and inflating results, and it penalizes them for telling the truth. It turns business decisions into elaborate exercises in gaming. It sets colleague against colleague, creating distrust and ill will. And it distorts incentives, motivating people to act in ways that run counter to the best interests of their companies.
Source: Jensen, Michael C. (2001) Corporate Budgeting is Broken – Let’s Fix It, Harvard Business Review, Volume 79, Issue 10, November, p. 94-101.
Required:
1. Critically evaluate the above quote in regards to contemporary budgeting practice.  You should review current business and academic literature relevant to management control and budgeting.  Use appropriate sources to summarise and support your personal views about corporate budgeting.  Ensure you relate your discussion to the above quote.  You should also make a determination as to whether you agree or disagree with Jensen’s view.     (Guideline: 2000 – 2500 words.)
2. Apply the Jensen commentary to a business scenario in which senior management are consistently exceeding financial targets.  In this hypothetical organisation senior management receive significant financial benefits for favourable budget outcomes.  Currently senior management set the budgets with limited input from line personnel.  The organisation uses an incremental budgeting system. Using your knowledge of budgeting processes and performance evaluation systems address the following: (a) Suggest potential reasons for why the managers are able to consistently exceed budgetary targets. (b) Suggest refinements to the budgeting system. (c) Suggest refinements to the performance evaluation system.   (Guideline: 800 – 1000 words)

Part Two (40 Marks)
Answer the following questions:
(1) Complex Resources has a current breakeven point of 93 400 units.  To reduce the break-even point Complex Resources should:
a. increase the variable costs per unit  b. increase fixed costs  c. reduce the sales price per unit  d. increase the contribution margin per unit
(2)  Sanjay Ltd has 1000 units in inventory that cost $2.00 per unit to produce. Due to changing technology, the sales department is having difficulty selling the product. It will cost $500 to scrap the units. What is the minimum price Sanjay should sell these units for?
(3) Leisure Life manufactures various sporting equipment. During the first year of operations the company worked on four jobs. The predetermined overhead application rate was 150% of direct labour cost. Job 104 included direct materials of $20,000 and total costs were $25,000.  Calculate the manufacturing overhead allocated to Job 104 to date.
(4)  Te Rangi Photographic Ltd manufactures digital camera equipment. For each unit $1,475 of direct material is used and there is $1,500 of direct manufacturing labour (at $30 per hour). Manufacturing overhead is allocated at $35 per direct manufacturing labour hour. Calculate the cost of each unit.
(5) Unique Mistique Ltd has fixed costs of $400,000 and variable costs are 75% of the selling price. To realise profits of $100,000 from sales of 500,000 units, the selling price per unit must be?
(6) Diamond Interiors is approached by Mr John Lee, a new customer, to fulfil a one-time only special order for a product similar to those offered to regular customers.  The following per unit data apply for sales to regular customers:
Direct Materials $455 Direct Labour $300 Variable Manufacturing Overhead $45 Fixed Manufacturing Overhead $100 Total Manufacturing Costs $900   Mark Up (60%) $540 Target Sales Price $1440
Diamond Interiors has excess capacity.  Mr Lee wants the cabinet in a metallic finish rather than laminate, so direct materials will increase by $30 per unit.  What is the minimum selling price that Diamond Interiors would accept for this one time only special order?

(7) The mayor of Snowbrook, Western Island, is considering the purchase of a computer system to automate the city’s rate collections. The system costs $75 000 and has an estimated life of five years. The mayor estimates the following savings will result if the system is purchased.

If Snowbrook uses a 10 per cent discount rate for capital budgeting decisions, what is the net present value of the computer system?
(8) A piece of equipment has an estimated five-year life, an internal rate of return of 12 per cent and estimated annual savings of $15 000. What was the cost of the equipment?
(9) Imperial Airways Ltd is planning a project that is expected to last for six years. During that time, the project is expected to generate net cash inflows of $75 000 per annum.  The project will require the purchase of a machine for $280 000. This new machine is expected to have a salvage value of $10 000 at the end of six years. In addition to its annual operating costs, the machine will require an overhaul costing $50 000 at the end of the fourth year. The company presently has a minimum desired rate of return of 12 per cent. Based on this information, the accountant prepared the following analysis:
Therefore, the accountant recommends that the project be rejected, as it does not meet the company’s minimum desired rate of return.
i. Critically assess the accountant’s evaluation of the project.  ii. Use cash flow analysis to determine whether the project should be accepted. Ignore tax effects.  iii. Is the internal rate of return greater or less than 12 per cent?

(10) Cyndy Ltd recently invested $25 000 in equipment with an estimated life of five years. The manager projects the following cash flows.
Calculate the payback period.
General Requirements:
1. Answer each question using a heading indicating the question number.    Part one and part two of the assignment should be answered within the same word document. 2. Full referencing is required in accordance with the USQ preferred Harvard Referencing style. 3. There is no specified word length for this assignment. However, be as concise and efficient in your writing as possible.  Word limit guidelines are provided for part one only. 4. Assignment extensions will only be granted if there are extenuating circumstances.  University policy provides that the maximum extension is 5 business days.   5. The assignment is to be submitted electronically.  Submit the assignment using the link on the study desk.  File types allowed include doc and docx. Only one file will be accepted. If more than one file is uploaded, only the first file listed will be marked.  Do not submit a cover sheet.
(Sources withheld: Questions for this assignment are taken from other sources. Details of this source have been withheld for assessment purposes. This material is reproduced under the provisions of the Section 200 (1) (b) of the Copyright Amendment Act 1980.)

Need Help-ACC5502 Accounting and Financial Management 

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