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A pension fund has accumulated $1 million in a retirement plan for James B. Smith, who retired this month at age 65. If Mr. Smith has a life expectancy of 75 years, what is the minimum size of the annual annuity check the pension plan will be able to send him each year (assuming that the value of the pension funds' investments remains stable)? Should he insist on receiving that size payment each year? Why or why not? What other kinds of information would be helpful in analyzing Mr. Smiths financial situation at retirement?
Explain system concept of organisation. System concept of Organisation: a) System is a group of independent although inter dependent elements (termed as sub-systems) that
Contrast a mechanistic and organic organization giving an example of each. What would a bureaucracy be more like, mechanistic or organic? Why?
Carpet city recorded the following data on carpet instalations over th past week. Use the data to calculate the average rate (in yards per hour) at which carpet can be installed
methodolgy of operation reseach
How have globalization and information technology created new opportunities for entrepreneurs? Describe current demographic trends that suggest new goods and services for entrepren
Describe the type of material handling systems used in warehouses?
Draw an organizational chart of the business school or college that you attend. Outline its major roles and functions. How differentiated is it? Do you think the distribution of au
Types of Process Technologies - Assembly lines It was developed in the automobiles industry in U .S. A. Her two or more components are combined to manufacture a finished produ
Identify significant costs in the organization like Wal-Mart. Which of these costs are associated with quality? Remember, quality costs are not limited to manufacturing organizatio
A roofing company agreed to complete a job in one week and collected a 50 percent deposit, but never showed up to do the job. The same roofing company then donated $6,000 to a loca
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