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| Articles by Carrol Rogers |
61. Chemical Engineering - An Insight
November 27, 2012
In the most simple of terms, chemical engineers study ways to convert raw mate¬rials into finished products. Specifically, chemical engineers invent new types of materials, synthesize new or existing materials, transform combinations of elements of matter, and then develop the process by which these...
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62. Engineering professional tracks
November 27, 2012
The 'engineer' track is typically aimed at those who will:
• Use a combination of general and specialist engineering knowledge and understanding to optimize the application of existing and emerging technology • Apply appropriate theoretical and practical methods to the analysis and solution...
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63. New fundamental engineering endeavours
November 27, 2012
New and prospective challenges in four fundamental engineering domains: In the domain materials is becoming increasingly possible through nanotechnology and bio-nanotechnology to create, atom-by-atom, or molecule-by-molecule, materials with a broad range of capabilities, from enhanced structural str...
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64. Analyzing Credit Applications
November 27, 2012
Once a company has decided the degree of risk it plans to assume it must analyze potential customers to determine whether credit should be ex¬tended to them. Obviously, this investigation must be thorough enough for the purpose but must be done with reasonable dispatch. The amount of investigation t...
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65. Financial Relationships
November 27, 2012
How does a company can run to its predicted cash needs depends not only upon the ordinary requirements but also upon the contingencies against which it must maintain protection. Ability to obtain cash when desired can be an effective substitute. If a company has a sufficient credit rating and channe...
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66. Improving Efficiency of Cash Flows
November 26, 2012
Synchronization of the inflow and outflow of funds, and economy in their use, can be improved by coordinating the two flows. A company may need to adjust the terms on which it grants credit to its customers or get creditors to extend more favorable terms; or borrowing may be essential if no adjustme...
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67. Selection of credit terms
November 26, 2012
A business has legal freedom to determine the terms of credit under which it offers its products. These terms can vary from an extreme of demanding that cash shall accompany an order to a billing at a future date with several months allowed thereafter before payment is due. Or sales can be made on a...
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68. Human resource and areas of responsibility
November 26, 2012
A brief description of the flow of human resources operations through the department might help to illustrate HR's key responsibilities and how they interact with the rest of the organization. It must be emphasized here that the HR functions and responsibilities set out below, although intended to d...
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69. Human resource function
November 26, 2012
The primary function of the human resources (HR) department is to establish, develop, maintain, and communicate personnel policies to the entire company and the staff must respect HR executives as their leader, and the best way for HR executives to gain that respect is to earn it. In dealing with p...
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70. Purpose of the statement of cash flow
November 26, 2012
The primary purpose of the statement of cash flows is to provide information about a company’s cash receipts and cash payments during an accounting period. A secondary purpose is to provide information about a company’s operating, investing, and financing activities during the accounting period. Som...
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Author: Carrol Rogers
