...Having a research strategy to saving money can be very useful in providing a first step in reaching the goal of financial security. It has been argued that the American society is materialistic and accustomed to instant gratification. Easy lines of credit and lack of proper money management have led many in deep financial straits. The recent high unemployment numbers and the deep recession have contributed greatly to this. However not everyone was affected. One major reason is because some were conscious about saving for a rainy day. In fact “Compared to a year ago, 50 percent more Americans are beefing up their savings account, according to a new survey by Money Management International, Houston” (Ginovsky J., 2009, p.12). Americans are realizing that savings must become a priority. I for one can honestly say that I am one of those Americans. I’m starting to feel the need to start saving more and spend less. My personal situation did changed significantly in the last year and is the driving force behind trying to save more. The fact that my son came into our lives is a wonderful experience that I would never trade for anything in the world. However the reality is that it does add a strain on the budget. Adding to this is the fact that my wife quit her job to stay home and raise our son. Also the decision to go back to school is another contributing factor that stretches the budget even more. On top of all of this within the last year I knew I would loose...
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...Advantages of Saving Money : Personal Finance Tips Posted by Ermelo Villareal on January 25, 2009 in Blogging, Money Talk, Netrepreneur5 Comments Saving money imposes great advantages for your Personal Finance in the long run. Think about sustainable living that eco-friendly communities apply. They are trying to reduce consumption in order to save our environment for further destruction thus providing good living conditions for thenext generation. The same principle should apply to your money saving. If you reduce your unnessescary expenses today and live minimally, you will be able to save something you can use in the future. That really makes sense, right? Every penny you get to save will grow. It may not look big now but if you start saving soon enough, and practice restraint, it will certainly rise. Saving money has its own advantages, like peace of mind. You have peace of mind when you know you got something in your pocket when some health emergency arises. Saving money also provides fulfilment and security especially when paying debt and liquidity as a whole. Saving for your retirement seemed premature while you are on your mid-30 but there is such a thing called early retirement and forced retirement planning. Unforeseen reasons may come up which could lead to these things mentioned so you better come prepared for it. You also have to save for rainy days. After all, you will never know when it will happen. With the worldwide economic crisis, people lose job everyday...
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...| Cancer research | Tesco | stakeholders | Objective 1 | Objective 2 | Objective 1 | Objective 2 | Manager | The aims and objective would be the manager would want everyone to get involved in this charity to help for good cause because they are not making any profit and they would like more people aware of what’s happening. | Manager would want to raise as much money as possible to help cancer and also get people involved to create new ideas on how to get money for charity. | The aims and objective in Tesco as a manager would be he needs to make sure all the staffs are supervised, they are well trained and nothing goes wrong cause if he doesn’t train his staff well it will have a impact on the business. | Managers objective would be to make sure that customers are always satisfied and if there is any complaints they are taken very seriously and fix the problem. | Employees | The objectives employees will have to have experience so when they apply for future jobs they know that they have experience especially working voluntary really attracts the manager/boss. | Employees in cancer research objectives will be to try and get more people involved, to have that thought in their head that it’s not about the money but in fact it’s about cancer. | In Tesco employees would want higher wages, promotion opportunities, they would expect full training so they know exactly what they doing. | Employees objective in tesco...
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...feel if their donated money was misused? What would happen to the reputation of a charity if they were caught misusing money? How is it possible to know if the charity is reliable or not? The Susan G. Komen Foundation, the Red Cross, and the United Way are examples of charities that have misused people’s money. The Susan G. Komen Breast Cancer Foundation was one of the variety of charities that misused people’s money. It is important to research charities before you donate money to them because it could be a scam or they could be dishonorable. “[I]t spent only about 20% of its donations for research; the biggest expenditure category was public education, at more than 50%” (Hiltzik); this is an example of how this charity misused the money. Instead of using more of the donated money for research, they used most of it for education. Yet the people who donated thought that the money was going to go towards the research for a cure of breast cancer....
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...1. Introduction Money demand is an important element in macroeconomic analysis especially in constructing monetary policy. The demand of money is the quantities of money that people willing and able to hold at alternative interest rates, ceteris paribus. There are several models of money demand used to explain why individuals and businesses hold money balances like cash and checkable deposits. Those models of money demand shows how do the behavior of individuals and businesses causes the fluctuations of money balances in the economy. According to the liquidity preference theory by economist, John Maynard Keynes, he determined that there are three primary motives that people holding money.The first motive is transaction motive which explained that people holding money and used it to buying things. In this motive, money demand depends on size of income, spending habit and slightly affected by interest rate. The second motive for holding money is for precautionary motive which means that people hold money in anticipation of wishing to make huge transactions in the future. People will keep money on hand just in case to overcome unforeseen emergency. The demand of money in order for precautionary motive is depend on size of income, nature of person and farsightedness. The last is speculative motive which people will like to keep money in the liquid form and invested in securities when the interest rate are rises thus it can be said that hold wealth as money to store value. This motive...
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...MAKING MONEY FOR THE DAY AFTER TOMORROW Microsoft Corporation is one of the biggest Corporation in our generation, it was owned and run by Mr. Bill Gates. For me as a business course student taking up Bachelor of Science in Accountancy, Making money for the day after tomorrow. Means like this: if the sales division of Microsoft in China makes money for today, and the product division makes money for tomorrow. But in the other hand the research division makes money for the day after tomorrow. The Microsoft Research Asia serves as a Microsoft’s reserve – the talent accumulated here will lead to wealth down the road. Microsoft Research Asia is leading the wealth and future of Microsoft Corporation due to its advance research and development in the world. With the help of the computer literate experts whose working hard to achieve its goal to the brighter and better future of our technology. Due to an effort to “stock” its reserves Microsoft Research Asia sends a representative each year to all leading colleges and universities that provides teaching in a degree that specialized in computer literate major such as computer sciences and information technology. For the vast demand of computer literate student across the world with the help of the said universities and college across China Microsoft Research Asia is now searching for a talented lucky students to participate in the said seminars that conducted by the Microsoft Research Asia representatives. In this reason...
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...University: HLT- 364 10/11/13 As one studies medical research, they discovers that there are many problems surrounding it. However, one of them can make a tremendous impact, which are, budget cuts. When researching this problem, several questions came arise. How is budget cuts affecting health care administration? Why are there budget cuts? How are budget cuts effecting society? Lastly how was the budget used in the past and if the budget cuts were affected by the actions of those that run research facilities? There are several reasons to why budget is being cut and it is not just one problem that helps explain this. As one goes further into HealthCare research they come to the fact that there are problems that affect this one particular area overall. The first question that arises when inquiring about budget cuts in the health care administration is: Where is the funding they receive going? When there are so many budget cuts and there isn’t enough funding how is this affecting them? As one comes to inquire about budget cuts one has to understand that this affects the health care administration in many ways. As budget cuts arise, problems arise as well. When there is not sufficient money to go around then there are problems as to how much funding does each department receive. As the funding is divided there are shortages that arise. For example, there are shortages in the equipment supply that is needed. A research study indicated that after inquiring of how many hospitals...
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...below, I will be discussing each of the stakeholders and their influences. Stakeholder | Tesco | Cancer Research UK | Customers | Customers of Tesco are people who shop in the business, whether it is in stores or online. They are the ones putting money in the business which emphasises their status as key stakeholders. The customers want high quality products for reasonable prices and they like to see offers and deals which helps create better value for money. | The customers of Cancer Research UK are either those affected by Cancer or those who donate money to the charity. Those who donate expect their money to be put to good use. These are known as stakeholders because they contain a big proportion of the charity’s donations. This means they expect the charity to provide the best treatment and care possible for those suffering from the disease. | Employees | These are the people who work for Tesco. They are known as stakeholders because they rely on the business doing well in order to secure their employment. These employees often look to gain promotions by taking the best opportunities available. Also, these employees may feel privileged that they represent Tesco. | Many of the people working for Cancer Research UK are volunteers. They are offering their free time to the business to do whatever they can in order to help them. These are stakeholders to Cancer Research UK because they are relying on the businesses to make use of their free time they are offering. The employees...
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...| Money, Attitude, and Unethical Behavior | Business Research Methods | | | December 11, 2013 | This research paper focuses on the relationship between money, attitude, and unethical behavior. Comparing the data found in regards to gender and major according to a study by Dr. Chen and Dr. Tang. | Introduction Many believe that the success of a business is determined by they amount of money they generate on an annual basis. Because of this widespread belief, we often see a lack of morals, values, and ethics incorporated into the business. Many businesses feel as if there is no room for ethics in the business world and that the relationships built should focus solely on the generation of revenue. According to Merriam Webster dictionary, we can define ethics as, “the discipline dealing with what is good and bad and with moral duty and obligation.” Every company has a code of ethics in order to determine the company’s culture and values. It also acts a driving force behind any decisions made by top executives. In market where there are so many profit-based businesses, often times we see the many difficulties in balancing the pursuit of profits while staying true to their code of ethics. The balance of ethical practice and profit maximization causes companies to face difficult decisions and many times businesses choose profit maximization. Business-to-Business and Business-to-Consumer transactions require frequent interaction. In every type of business transaction...
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...Background Financial institutions are great motivator in ensuring money navigation to the needy from the person who have plethora of that, especially for the countries of the third world alike the developed nations (Harker & Zenios, 2008). In developing economy and overall money system their contributions are of no denying. Financial institutions in the Asia pacific region are doing exactly the same. Financial institutions like large retail banks (e.g. Barclays, Citi NA), segmented financial institutions like micro finance institutions are providing financial services to the people of that region. Apart from this there are several insurance companies who are operating their business in that region, ensuring the minimal risks of the business organizations of this region (Kumbhakar, Lozano-Vivas, Lovell, & Hasan, 1999). On the other hand a large of money is being flown through these organizations as remittance to the people and to the nations as well. This adding to the economic condition of those nations and the living of the people as well. Moreover, these type of financial institutions are providing world class banking services to the people of that region. Influenced by the success of these financial institutions several other local institutions are furnishing themselves for providing better services to the clients and getting market share from their counterparts (Kumbhakar, Lozano-Vivas, Lovell, & Hasan, 1999). It is worth denying to say that the standards that...
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..."University, Inc." explores the commercial transformation of American higher education over the last 30 years. The opinion pieces noted throughout the book provide the reader with specific cases where this union has had serious ramifications on research, quality education, innovation, and the free flow of public knowledge. More specifically, Jennifer Washburn explains how the union between the two worlds of academia and business puts America's universities at risk, and tells how she feels this union will affect us all. It is noted that since the early 1980’s, Corporate funding of universities has been growing and the money, often times comes with strings attached. In return for this funding, universities and professors are seemingly more like for-profit patent factories: university funds are shifting from the humanities and the less profitable science departments into research labs, and the skill of teaching is often valued less and less. Throughout the book, many individual’s see our universities abandoning their traditional role as disinterested sources of education, alternative perspectives, and wisdom. This growing influence of corporations over universities affects more than just today's college students. It touches, whether good or bad, the future of all those whose careers depend on a university education, and all those who will be employed, governed, or taught by the products of American universities. Over the last several decades Federal and State governments have...
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...Associate Level Material Appendix D Research Plan As part of your research plan, you must first draft a research question for your research paper that will guide the rest of your writing. A research question, which is more specific and focused than a general topic, is the question that your research paper will be answering. For example, if your general area of interest is social security, a possible research question might ask, “How can low-income families save more money if the United States had a reformed social security plan that includes personal retirement accounts?” As you develop a research question, keep in mind that you will need to research sources to support your topic. Do not pick a one-sided question that will limit your research. Instead, develop a research question that lends itself to further exploration and debate—a question you genuinely want to know the answer to. Try to pick a research question that is neither too broad (covering too much) or too narrow (covering too little). It should be broad enough to be discussed in a short research paper. Part 1: Complete the Research Plan |What is your general topic or area of interest? | | | |Renting a house vs. Buying a house | | | ...
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...D2 - Make justified recommendations for improving the validity of the marketing research used to contribute to the development of a selected organisation’s marketing plan. In D2 I will be making justified suggestions for improving the validity of the limitations that was mentioned in M2. There are different limitations in market research, I explained five of these in my M2 and I will be discussing these limitations and how they can be improved in this task. I will also evaluate how the limitations of the three methods of market research that Sainsbury’s uses can be improved in order to keep up their performance if they have been doing well or even if they haven’t been failing how these limitations have help improve their business. Food sampling followed by a survey was the first method of research used by Sainsbury’s to which I discussed in M2. There are many limitations when it comes to food sampling followed by a survey and these limitations were discussed in M2 also. The limitations I discussed concerning food sampling followed by a survey were cultural and cost. Both these limitations will always affect how food sampling followed by a survey is done when this research method is being carried out, but these limitations can be rendered simple but still have effect on this research method. Sainsbury’s being the third leading supermarket in the UK they must carry out large sums of market research in order for the them to beat their competitors although they are in close competitions...
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...Research Method One 7th July, 2016 Accra, Ghana How do you choose a good research topic? Give 5 examples of a good research topic and justify your choices, i.e. problem issues in each topic and why they must be researched upon. (Not less than 2000 words). 1. Research defined The Oxford English Dictionary, 2002, defines research as ‘the systematic study of materials and sources in order to establish facts and reach new conclusions’. According to Zina O’Leary, 2004, a research is a process that needs to be actively managed. The main aim of research is to find out the truth which is hidden and has not yet been discovered. Research is therefore undertaken to gain familiarity with new insights into a phenomenon (i.e., formative research studies); to accurately portray the characteristics of a particular individual, group, or a situation (i.e., descriptive research studies); to analyse the frequency with which something occurs (i.e., diagnostic research studies); and to examine the hypothesis of a causal relationship between two variables (i.e., hypothesis-testing research studies). 1.2 Research topic defined According to Laura Morrison, 2014, a research topic is an idea or theory that is expressed as a statement, a contention for which evidence is gathered and discussed logically. One of the most important concerns in choosing a thesis topic is that the topic speaks to an area of current or future demand. A research topic should be...
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...topic, choice of research method and the conduct of research. Practical issues would include things like time and money whereas ethical issues would revolve around genuine morality and values. Theoretical issues are, as sociologists say, the most crucial issue of the research being viewed as it helps us picture a society and how we think it can be studied in an accurate and most truthful picture. The three factors coincide with each other and have impacts on each other as a whole. Sociological research involves confronting and resolving practical factors relating to the choice of topic and research method. Practical factors would include effects and situations like time and money, funding bodies, personal skills and characteristics, subject matter and research opportunities. Large scale research is expensive and beyond the means of most sociological researchers as well as publisher deadlines would mean time pressure would be enhanced and work would be less detailed. If the research is on large scale than more staff and employers would be required increasing the amount of money going into the research where as if it was on a small scale the money would be less but then more employers would mean less time and less employers would take more time for the task to be complete. To help with the time and money issue funding bodies...
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