Category Archives: Homework

Homework assignments

Studying Leadership

Several methods of studying leadership exist.  The trait approach emphasizes attributes such as personality, motives, values, and skills.  A behavioral approach involves studying how managers cope with the demands and constraints of their job, as well as on identifying effective … Continue reading

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The Market System and Circular Flow

Every society needs to develop an economic system which is a particular set of institutional arrangements and according mechanism, in order to respond to the economizing problem. The command system, which is also known as socialism or communism, is the … Continue reading

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Limits, alternatives, and choices

Scarce economic resources can mean limited goods and services, as scarcity restricts options and demands choices.  TANSTAAFL – There ain’t no such thing as a free lunch.  Opportunity costs – to obtain more of one thing, the opportunity to get … Continue reading

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Financial Statement Differentiation

There are four main types of financial statements, each of which has a different focus.  Investors, managers, and creditors use financial statements to make decisions regarding a company. Income Statement An income statement reports upon the success or failure of … Continue reading

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Define Project Management Basics

A project is a temporary work endeavor that creates a unique product, service, or result.  It has a clearly defined beginning and end.  The end of a project is reached when either its objectives are met, the need for the … Continue reading

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Trust Management in Online Banking

A trusted system is one that meets the expectation of risk.   The system performs as expected, keeping risks within the accepted boundaries.  This enables the system to meet the desired level of confidentiality, integrity, and availability of the organization.  In … Continue reading

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Role Management

Role based access control provides additional layers of organizational security against both errors and fraud.  This method must be used sensibly and planned properly to be most effective.  A properly determined role based access control model can mitigate or eliminate … Continue reading

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