This assessment requires students to work individually to critically review quality and risk concept to discuss its application in a project environment and its impact on project life cycle. Student is also required to discuss about two contemporary (what is in practice) models of quality management and two contemporary models of risk management used in business organization/industry of their choice. The industry of choice should fall within the domain of project management.
Answers
Quality and Risk Concept and Its Application in Project Environment and Project LifecycleQuality and risk concept assessment is essential in project management as it helps in the identification, assessment, and control of risk factors that may impact the project’s success.
The assessment requires students to work individually and critically review quality and risk concepts to discuss its application in a project environment and its impact on project lifecycle. Students are also required to discuss two contemporary models of quality management and two contemporary models of risk management used in a business organization/industry of their choice.The industry of choice should fall within the domain of project management. In project management, quality management is the process of ensuring that the project meets the requirements of stakeholders. Quality management models are used to ensure that a project meets the requirements, expectations, and needs of the customers. The two contemporary models of quality management include Six Sigma and Total Quality Management (TQM).Six Sigma is a data-driven methodology that seeks to eliminate defects and reduce variability in business processes. It involves the use of statistical tools and techniques to identify, analyze, and eliminate defects in processes. Total Quality Management, on the other hand, is an approach that seeks to involve all employees in the quality improvement process. It is a customer-focused approach that emphasizes continuous improvement, teamwork, and the involvement of all stakeholders.Risk management, on the other hand, is the process of identifying, assessing, and controlling risk factors that may impact the project’s success. The two contemporary models of risk management include the ISO 31000 standard and the COSO framework. The ISO 31000 standard is a framework that provides guidelines for the identification, assessment, and treatment of risk factors in business organizations.The COSO framework, on the other hand, is a risk management framework that is used to assess the effectiveness of internal control systems. It is a widely used framework that provides guidance on how to design and implement effective internal control systems.Overall, quality and risk management are critical aspects of project management, and their proper application can have a significant impact on the project’s success. The use of contemporary models of quality and risk management can help organizations achieve their project objectives and improve their overall performance.
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Related Questions
The primary vehicle for assuring that clients receive the services they need when they need them is
A. Schlossberg's 4-S approach.
B. an action plan.
C. a case management plan.
D. a sequence of consultation activities.
Answers
The primary vehicle for assuring that clients receive the services they need when they need them is a case management plan. The correct option is C.
A case management plan serves as a structured framework that guides the delivery of services to clients, ensuring that their needs are identified, assessed, and addressed in a timely and efficient manner.
A case management plan involves a systematic approach to coordinating and facilitating services for clients. It typically includes several key components, such as comprehensive assessments, goal setting, action planning, service coordination, and regular monitoring.
By implementing a case management plan, professionals can effectively collaborate with clients to develop a roadmap for accessing the necessary services and support.
The case management plan acts as a roadmap, outlining the specific actions and steps needed to address the client's needs. It helps professionals stay organized and focused on the client's goals, ensuring that services are delivered promptly and efficiently.
This plan also promotes effective communication and collaboration among different service providers involved in the client's care, such as healthcare professionals, social workers, and counselors.
While other options, such as Schlossberg's 4-S approach, an action plan, and a sequence of consultation activities, may play a role in service provision.
However, a case management plan provides the comprehensive framework necessary to ensure that clients receive the services they need when they need them. Therefore, the correct option is C.
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Over the past year, three of the star salesmen at family resorts international’s corporate office have been lured away to competitors. On top of that, karina, the general manager of the sales department, has noticed that most employees come in, do their jobs, and leave. Family resorts offers a good salary, benefits, and tuition reimbursement, as well as a number of development and training programs. Most employees seem contented enough, but karina would like to do something to increase the level of engagement among her staff. What do you think karina should do?.
Answers
Karina can take different actions to increase employee engagement among her staff.
Karina should:
Develop effective leadership skills
Implement employee development programs
Create a collaborative work environment
Create a work-life balance program
These actions can help increase the level of engagement among employees in the company.
Karina can use the following approaches to increase the level of engagement among her staff:
Develop strong and effective leadership
Leadership can make or break an employee's experience in a workplace. Therefore, Karina should work on developing her leadership skills to ensure that employees feel valued and appreciated. She should work towards empowering employees, providing guidance, coaching, and mentoring, and ensuring that they have the resources and support they need to perform their duties effectively.
Implement Employee Development Programs
Karina can introduce employee development programs to encourage employees to develop their skills and increase their knowledge. These development programs can include on-the-job training, in-house training, attending conferences, and taking short courses that will help the employees improve their skills and contribute more effectively to the organization.
Create a collaborative work environment
Collaborative work environments encourage employees to work together and build strong relationships. Karina can encourage collaboration by creating a culture of teamwork, providing open communication channels, encouraging open discussions, and sharing information. This will make employees feel valued, heard, and motivated.
Create a work-life balance program
Karina can introduce a work-life balance program that helps employees balance their work and personal lives. Such a program could include offering flexible schedules, telecommuting, paid leave, or other work-life benefits. These programs are essential as they help reduce work-related stress and burnout among employees which increases the level of engagement among staff.
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After reading the article entitled "The U.S. – China War Over Trade and Tariffs, Explained", explain in your own words:
- The role of globalization in the U.S. – China trade war. (Did globalization lead to the current trade war between the United States and China)
- The effect of the trade war on globalization moving forward. (Will the tensions between two of the world’s largest economies affect globalization)
Answers
Globalization has played a significant role in the U.S.-China trade war, with both countries competing for economic dominance. Whereas, the trade war has created uncertainties and disruptions in global trade, which could impact globalization moving forward. The long-term effect of the trade war on globalization will depend on how countries adapt and respond to these challenges.
Globalization refers to the interconnectedness and interdependence of economies around the world. It has facilitated the growth of international trade, allowing countries to benefit from specialization and comparative advantage. However, it has also led to increased competition between countries, resulting in the situation of a trade war.
The role of globalization in the U.S.-China trade war is significant. As both countries became major players in the global economy, they started competing in various industries. China's rapid rise as a manufacturing hub, with its low labor costs and large domestic market, has posed challenges to American industries. This has led to accusations of unfair trade practices, such as intellectual property theft and government subsidies, from the United States.
The effect of the trade war on globalization moving forward is uncertain. On one hand, the tensions between the United States and China have created disruptions in global supply chains and increased uncertainty for businesses. This could lead to a slowdown in global trade and investment, potentially impacting globalization. Additionally, the trade war has prompted countries to reassess their economic relationships and consider alternative trading partners.
On the other hand, the trade war has also revealed the vulnerabilities of globalization, particularly its dependence on a few key players. As tensions between the United States and China escalate, there has been a growing call for diversification and reshoring of supply chains. This could lead to regionalization and a shift away from the globalized model of production, potentially reducing the impact of globalization.
Thus, we can conclude that globalization has played a crucial role in the U.S.-China trade war. However, the trade war has also prompted a reevaluation of the risks and vulnerabilities associated with globalization.
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The determinants of economic growth in the longer term One of the long-term potential problems in getting an economy to increase its living standards in the Solow growth model is that: Select one: O a. future generations may not want to sacrifice investment for the benefit of current generations. O b. current generations may not want to sacrifice savings for the benefit of future generations. O C. current generations may not want to sacrifice consumption for the benefit of future generations. Od: future generations may not want to sacrifice consumption for the benefit of current generations. Oe. current generations may not want to sacrifice investment for the benefit of future generations.
Answers
In the Solow growth model, one of the long-term potential problems in getting an economy to increase its living standards is that current generations may not want to sacrifice consumption for the benefit of future generations.
The correct option is C. In the Solow growth model, an economy's long-term growth rate is determined by the savings rate and the efficiency of investment. An increase in the savings rate will lead to more investment, and as investment in the economy increases, the economy will grow in the long run.
However, there is a tradeoff between consumption and investment, as an increase in savings means a decrease in consumption. An economy must make a decision between present and future consumption based on its preferences. The economy may decide to invest more in the short term, resulting in a decrease in consumption, but higher economic growth and higher consumption in the future. In the Solow growth model, this is referred to as the Golden Rule of consumption.
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Choose for these to answer the question:
demand
supply
left
right
buy
sell
imports
exports
rise
fall
increases
decreases
What happens to the exchange rate when New Zealand interest rates fall relative to the rest of the world?
A fall in NZ interest rates (all else held constant) reduces _______ or/of $NZ assets which reduces ________ for/of $NZ in the foreign exchange market. Some holders of $NZ assets will now wish to _______ $NZ assets. This will increase the _______ for/of $NZ. Both of these cause the value of the $NZ to _______
Answers
When the New Zealand interest rates fall relative to the rest of the world, the exchange rate falls. A fall in NZ interest rates reduces demand for/of \($NZ\) assets which reduces supply for/of \($NZ\) in the foreign exchange market.
Some holders of\($NZ\) assets will now wish to sell \($NZ\) assets. This will increase the supply for/of \($NZ\). Both of these cause the value of the \($NZ\) to fall. When the demand for the New Zealand dollar falls, the currency loses value, meaning that the exchange rate falls.
This is because the country will have a lower interest rate compared to others, making it a less attractive investment, which leads to a decrease in demand for NZD. This results in less foreign currency coming into New Zealand and a rise in supply, which causes a fall in the exchange rate.
Therefore, a fall in NZ interest rates reduces demand or/of \($NZ\) assets which reduces supply for/of \($NZ\) in the foreign exchange market, and both of these cause the value of the \($NZ\) to fall.
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How Social Media can Destroy Your Finances
Answers
Answer:
You buy unnecessary items that have no purpose later on, or you buy an over expensive item that you cant seem to pay back later on in other circumstances
"Professional education and vocational training are the foundation
for the overall development of a nation". Justify this statement with
suitable examples.
?
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Answer:
Professional education and vocational training are the foundation for the overall development of a nation because, by training people in the different careers and jobs that they will develop throughout their lives, this in turn is generating a series of people specialized in different labor fields that will benefit from one or the other it shapes society as a whole. Therefore, through this specific education in labor matters, future progress and well-being are generated for citizens.
true or false:
One of the most important jobs of a national political committee is to raise money for candidates running for office.
Answers
False.
nwowoo2k2o2i2msj2dn93xoowso
False!
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According to the law of supply what's the result of an increase in the supply of workers for a job if all other factors remain equal?
Answers
Answer:
According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.
Explanation:
The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.
Answer:
The wage rate for that job will be pushed down.
Explanation: I just took the test and got it right
Identify Cause and Effect Would a lawn care business have elastic or inelastic supply in the short term? Explain your answer.
Answers
A lawn care business would likely have an inelastic supply in the short term. Inelastic supply means that the quantity supplied is not very responsive to changes in price. In the case of a lawn care business, there are a few factors that contribute to this.
Firstly, the short-term supply of a lawn care business is limited by the availability of resources, such as equipment, labor, and time. These resources cannot be easily and quickly increased in response to changes in price. For example, hiring and training additional workers or acquiring more equipment takes time and may not be feasible in the short term.
Secondly, the demand for lawn care services is often relatively stable or even seasonal, with higher demand during certain periods like spring and summer. This stability in demand further limits the ability of the lawn care business to quickly adjust their supply in the short term.
Overall, due to these factors, a lawn care business would typically exhibit inelastic supply in the short term, as it is difficult to rapidly increase or decrease the quantity supplied in response to price changes.
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round to the nearest thousand . 7665
Answers
Answer:
8,000
Explanation:
Hope it helped!
Answer:
8000
Explanation: add 1 when you see 6-10 in rounding off questions.
Managemnet is not only art and science but also a profession.Explain
Answers
Answer:
Art is wonderful art is beautiful are is mysterious art is so much more...
Why is it important for o evaluate your advertising campaign when it is complete?
Answers
Answer:
A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.
Explanation:
The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.
Ji-eun loves her car. Recently, she noticed her tires were getting worn. She took it into the dealership, where she was told that all her tires were worn and should be replaced. Ji-eun knows this will be a significant investment. She decided on getting the most expensive tires because they are high quality and she wants the best. She hopes she is making the right decision. At least she will not have to purchase tires for several more years, unless she gets a flat. Ji-eun’s involvement with her tire purchase is an example of ______.
Answers
Ji-eun’s involvement with her tire purchase is an example of high involvement.
What is high involvement in the purchase process?It corresponds to making a decision about a purchase that involves a series of important deliberations about the characteristics and long-term consequences.
Therefore, high involvement in the purchase process usually occurs with consumer durables, where consumers look for the best options that will satisfy their long-term needs.
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On January 22, Zentric Corporation issued for cash 342,000 shares of no-par common stock at $20. On February 14, Zentric issued at par value 9,000 shares of preferred 6% stock, $80 par for cash. On August 30, Zentric issued for cash 31,000 shares of preferred 6% stock, $80 par at $85. Journalize the entries to record the January 22, February 14, and August 30 transactions. Refer to the Chart of Accounts for exact wording of account titles.
Answers
Answer:
Journal Entries
January 22
Dr. Cash $6,840,000
Cr. Common stock $6,840,000
February 14
Dr. Cash $720,000
Cr. Preferred stock $720,000
August 30
Dr. Cash $2,635,000
Cr. Preferred stock $2,480,000
Cr. Paid in capital excess of par-Preferred stock $155,000
Explanation:
January 22
Common Stock = Numbers of shares issued x Issue price per share
Common Stock = 342,000 shares x $20
Common Stock = $6,840,000
February 14
Preferred stock = Numbers of preferred shares x Price per preferred share
Preferred stock = 9,000 shares x $80 per share
Preferred stock = $720,000
August 30
Cash Received = Numbers of shares x issuance price = 31,000 x $85 = $2,635,000
Cash Received = Numbers of shares x par value = 31,000 x $80 = $2,480,000
Paid in capital excess of par = $2,635,000 - $2,480,000 = $155,000
larry, a u.s. citizen, opens and operates a bookstore in spain. this counts as
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What is Helena Fogarty doing to build brand equity for Mi Ola?
Answers
Answer:
she is using social media to build brand equity.
Explanation:
Helena Fogarty is using social media as an advertising resource due to the fact that more and more people will see it since social media is a big platform. she is also using this to her advantage as she can get feed back in order to make adjustments to her products.Helena Fogarty is using social media to build brand equity for Mi Ola.
Brand equity simply means the value premium that a business or company generates from a product with a recognizable name.
It should be noted that brand equity is also known as the brand worth of a company. It's the social value of a brand name. Helena Fogarty is using social media to build brand equity for Mi Ola. One can advertise its product on social media and create awareness. This will help improve sales and revenue.
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write an explanation of how the iPhone goes from a design at Apple to a retail store shelf. Include at least four steps in the process.
Answers
The journey of the iPhone from designing at apple to retail stores includes sending the design to the manufacturing unit where the materials are selected, then these material is arranged based on the design then polishing and finishing took place, and at last shipped to different countries' outlets.
What is iPhone?An iPhone is the latest smart device introduced by the organization named apple with unique features of advanced technology. This phone provides the features of a computer in the phone itself.
The journey of the iPhone from design at apple to retail store shelf includes-
Decision-making for material selectionDevelopment of Device body partsAssembly of body parts and finishing which includes glass finishingTransported to various outlets.Learn more about Apple Iphone, here:
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fast pls The Fair Labor Standards Act does not cover which of the following?
unemployment compensation
child labor
minimum wage
overtime pay
Answers
FILL THE BLANK.
Species tend to be _____ selected if they have numerous offspring and little parental investment.
Answers
Species tend to be r-selected if they have numerous offspring and little parental investment.
R-selection is a reproductive strategy observed in certain species that prioritize producing a large number of offspring with minimal parental investment. This strategy is characterized by rapid reproduction, early maturity, and high reproductive potential. In r-selected species, the focus is on quantity rather than quality when it comes to offspring.
These species typically produce a large number of offspring, as they have a higher probability of survival and reproductive success. However, they provide minimal parental care and investment after the offspring are born or hatched. The survival and growth of the offspring largely depend on their ability to adapt and survive independently.
Examples of r-selected species include many insects, amphibians, and certain species of fish. These organisms often have large broods or lay numerous eggs to maximize the chances of a few individuals surviving to adulthood. They exhibit a fast life history strategy, where they prioritize rapid reproduction and early maturity over extended parental care or individual development.
In contrast, other species exhibit a K-selected strategy, which emphasizes quality over quantity. K-selected species produce fewer offspring but provide extensive parental care, ensuring a higher survival rate and investing more resources in each individual.
The r/K selection theory, proposed by ecologist Robert MacArthur and biologist Edward O. Wilson, provides a framework for understanding the different reproductive strategies and adaptations observed in various species. It helps explain how different environmental factors and ecological niches influence the evolution of reproductive strategies in organisms.
In summary, species tend to be r-selected if they have numerous offspring and little parental investment, prioritizing high reproductive output and early maturation over extended parental care and individual development.
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HELP! 40 points! MERRY ALMOST CHRISTMAS! ☃️
Answers
Answer:
What is Money received regularly for work or through investments? Income
What is the term for an individual, who conceives of, establishes, operates, and the risks of a business?entrepreneur
What is a business cost that increases or decreases, such as labor? Variable cost
What is Money earned per hour, can include overtime?Wages
What is a business cost that remains the same, such as rent?Fixed cost
What are Usually given to full-time employees, can include health insurance, life in paid vacation? Benefits
What is money earned yearly (but usually paid weekly or monthly), can include bonuses?Salary
What is Total pay or earnings before any deductions have been taken?Gross income
A bond with a book value of $517,500 is retired (bought back) for $515,000. Which of the following statements is согrect? a. The loss on the debt retirement is $32,500 b. The gain on the debt retirement is $2,500. c. The gain on the debt retirement is $32,500. d. The gain or loss on the debt retirement can't be determined without knowing the initial bond issue price.
Answers
Option c. The gain on the debt retirement is $32,500.
The truth of paying returned a debt absolutely, so that it now not exist: Many specialists argue in favor of rapid debt retirement.
The key thing that we tell our customers is that while you retire, so need to your debt be retired, Ken Moraif, senior consultant of Retirement Planners of the USA, these days advised Yahoo Finance live. We sincerely encourage humans to be debt-loose. which means no automobile loans, credit score cards, or mortgages.
Debt can negatively affect your capacity to live off the assets of profits you've got hooked up to pay your payments once you prevent punching the clock. Debt bills subtract from the earnings of Social protection and financial savings in an IRA or other investment cars which you really want to be dwelling your great lifestyles.
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Kacee has just inherited $10,000. She doesn’t need the money right away, so she is thinking of investing it. She asks her friend Abdul for financial advice. As he researches some investment opportunities, what might he tell her? Compare and contrast these for Kacee. What are her best options? What are her worst options? (This can be in a comparison chart OR a 4+ sentence paragraph)
Answers
When evaluating the investment options, Kacee should consider her investment goals, risk tolerance, time horizon, and financial situation.
What is investment?Investment refers to the act of allocating resources such as money, time, or effort towards a venture or asset with the expectation of generating a return in the future. The return may come in the form of income, capital appreciation, or both. Investment can take many forms, including stocks, bonds, real estate, mutual funds, and other financial instruments. Investors may choose to invest in a variety of assets to achieve their financial goals, which could range from long-term wealth accumulation to short-term income generation. However, investments come with varying degrees of risk, and investors should carefully evaluate the potential risks and rewards before committing their resources. Additionally, the investment landscape is influenced by a wide range of factors, including economic conditions, government policies, and technological advancements.
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Sample advertisement: Lose body fat and feel healthier with our proven supplement, Edgozene! Losing weight is easy with Edgozene! Just take two pills before each meal. You'll feel more full and eat less. No other diet pill offers what our product does - and for a limited time, if you buy now you can get two bottles of Edgozene for just $29.95! Which of these statements from the advertisement are facts? Check all that apply. A) Losing weight is easy with Edgozene. B) You will lose weight and feel healthier if you take Edgozene. C) You will receive two bottles of Edgozene when you order. D) Edgozene costs $29.95. E) You won’t eat as much if you take Edgozene.
Answers
Answer:
C) You will receive two bottles of Edgozene when you order.
D) Edgozene costs $29.95.
Explanation:
We assume that 1 order costs $29.95 and delivers 2 bottles. (That is, we assume that you cannot order 1 bottle for $14.98.) Under that assumption, the cost is $29.95 (D) and the amount delivered is 2 bottles. (C)
There is no way to determine whether any other claims are facts, or not. As a rule, feelings experienced when eating are a function of a lot more than just a diet pill. That is, you may or may not eat less when/if you feel more full.
Answer:
c,d
Explanation:
For Tesla, the Model S represents a
(BCG) market growth/market share matrix.
on the Boston Consulting Group
Answers
The answer is "star" and its further explanation can be defined as follows:
The Tesla Model S is pleasant during the day, but fitness and finish are something to want. When heading for just a quick ring all-around city or heading off to the other side, Model S 2020 is full of space and luxury. It is a quality rating of 7 out of 10.The Tesla Model S is the top U.S. car with an overall score of 70 in the ultra-luxury car category. The top-range model S is 373 miles long and has one of today's largest ranges. For Tesla, Model S is a star in the growth/market share matrix of the Boston Consulting Group. The hunting for a high-quality premium car, Tesla Model S.Its overall design is maybe 10-years old, but the type S still sets a baseline for all EVs, and it has an unmatched driving range. The Model S is rather costly at $80,000 on the other hand.That's why the correct answer is "star".
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True or false: All employees make an impact on a business.
5 points
True; all employees make a positive impact on a business
True; all employees make either a positive or negative impact on a business
False; only managers and supervisors make an impact on a business
False; only executives and board members make an impact on a business
Answers
Answer:
true; all employees make either a positive or negative impact on a business
Explanation:
in the long run a company that produces and sells pizzas incurs total costs of $1,050 when output is 90 pizzas and $1,200 when output is 100 pizzas. the pizza company exhibits
Answers
Answer:
The diseconomies of scale because average total cost is rising as output rises.
Explanation:
The opportunity cost of watching a movie will be equal to;
А) The time lost while watching the show
B)The pleasure that could have been enjoyed watching TV instead
С )The pleasure enjoyed by watching the show
D) The amount paid to buy the tickets
Answers
Answer:
А) The time lost while watching the show
Explanation:
Opportunity cost is the value of the next-best alternative when a decision is made; it's what is given up.
A and D seems correct, but the wording on D makes A the better answer.
Tim received a letter from his state college stating that he had been expelled from the school. The letter stated his finance professor reported him to the Dean's office for cheating and that a committee had decided to expel him. He was reminded in the letter he had been disciplined earlier that same year for plagiarizing a term paper. Tim believes his due process rights have been violated by the college. Discuss what factors should be considered to determine the validity of Tim's claim?
Answers
Answer: He should make an appeal of not given a notice and the neutral fault finding should be introduced
Explanation:
They are something's that Time has to consider to challenge the expulsion already prepared for him. He should make an appeal to a court or a higher authority for a reversal of the decision while doing this he should let the court know that he wasn't notified earlier about schools decision and that a neutral fault finder process should be introduced to investigate the whole scenario.
list two examples of items that could be used as collateral for a secured loan.
Answers
The list two examples of items that could be used as collateral for a secured loan are cash in a savings account, a car, or even a home.
What is account?The entry of a transaction in a financial statement is referred to as a “account.” The account has been updated to reflect the debit and credit transactions. Assets, liabilities, revenue, equity, and expenses are all types of financial activity. This means the loan is guaranteed by something you own.
A secured collateral loan requires the borrower to use their assets as collateral (such as a car, house, or savings account) to "secure" the loan. In summary, secured loans necessitate collateral, but personal loan do not. The collateral is a pledge to the lender that if the borrowers fails to repay the loan, the lender would be able to repossess the asset.
As a result, the list of two examples of items that could be used as collateral for a secured loan are cash in a savings account, a car, or even a home.
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