Examine the key reasons why a business may not want to hold too much or too little working capital.
Instructions: Do not combine topics. Answer each number/letter separately. All answers must be at least five (5) sentences. Label each answer individually. Include any references.
“Working Capital Management”
Examine the key reasons why a business may not want to hold too much or too little working capital. Provide two (2) examples that illustrate the consequences of either situation.
“Employee Welfare”
Brad is an air traffic controller who has had significant problems with high blood pressure. He has changed his diet, takes medication, but the problem persists. His doctor has recommended that he find other employment because his job is causing his high blood pressure and continuing to work at the job could lead to a massive heart attack. Brad has no training for any other job. Based on this scenario, determine what Brad’s options are to receive compensation for his health issues. Next, debate whether or not you believe that Brad qualifies for workers’ compensation due to his health issues, and analyze the key legal and ethical issues faced by Brad’s employer throughout this process.
“Pitch Perfect”
Read the 3 transcripts below. Then, rank the following factors in order of importance when developing an elevator speech, and provide a rationale for your response.
Speech is confident, not arrogant
Use of positive and compelling words
Short in duration
General to the industry in question
Specific to the company’s mission and company’s values
1. – We often find ourselves engaging many small, unplanned encounters. If you find yourself with someone for a short period of time, just like sharing an elevator, how would you connect with them? The more comfortable you become with your elevator pitch, the more you will realize several benefits. First and foremost, you’ll capitalize on the chance opportunities you have to meet people. Never again will you have to say to yourself, “Hey, I wonder how to contact that person?” Or, “Did I even remember to tell them about “where I work, or did I just mention the industry?” You can learn how to casually let them know who you are and how to contact you.
Next, periodically working on your pitch forces you to think about your professional identity, who you are and where you’re going. It’s often the case that we get so busy satisfying the short-term demands of our lives that we fail to stop and meaningfully reflect about where we’re going. Your elevator pitch is one simple device that helps you think about the long-term. Your pitch also represents an interesting opportunity to see how others respond to your goals. One part of your pitch, which we’ll discuss in a moment, is a short statement about where you might be headed.
When you’re sharing some type of future goal, you’re putting yourself out there. You’re opening up the commentary, positive or critical, about how others view your aspirations. That’s terribly useful information as you continue to evaluate your career. Finally, being effective with your elevator pitch inevitably results in more professional opportunities. Simply stated, the more you make a solid, lasting connection with someone, the more they’re going to think of you when they need someone with your skills and expertise.
Success in your career has a lot to do with intelligence and your work ethic, but never underestimate the power of networking. In many ways, success really is about who you know as much as what you know. That’s why, starting right now, you’re going to perfect your elevator pitch and start making more productive connections.
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