Principles

It seem difficult most of the time to find the best way to succeed in persuading your listeners. The text book offered us with about six principles that are believed to be effective in achieving the goal of successfully persuading our/your listeners which are reciprocity, scarcity, authority, commitment and consistency, consensus and liking. The identification and understanding of where each principle fit environmentally will assist very well in enhancing your sales position. Principle of Reciprocity Brian Ahearn expressed reciprocity as a mutual exchange or a “give and take principle,” or a principle which states that “you scratch my back and…

The Six Principles of Persuasion. “Persuasion is the act or process of presenting arguments to move, motivate, or change the audience” [1] There are six known principles of persuasion, as follows: 1 – Principle of Reciprocity: is the idea of giving back, being kind, and the same time expecting to cause an effect that will reciprocate the same action back. An example is when a waitress smile a lot, act pleasantly when helping customer, mostly likely she would get a better tip, as a…

Pareto’s Principle in Business and Beyond Introduction Pareto’s principle, also known as the 80/20 rule, defines an unequal relationship between any two factors. Understanding the 80/20 rule helps managers pinpoint causes of problems, measure employee productivity, and interpret product sales in order to improve the overall functionality of the organization. Pareto’s principle can also be tested and applied in science –researchers utilized the principle in cancer research. In all areas, the…

slim, nevertheless there is still one major controversy people like to argue. The freedom to use drugs. What one does in their personal life and home, including the use of drugs, should be accepted as morally permissible as long as no direct harm is done to others. Whether it be because of privacy, Utilitarianism, Mill’s Harm Principle, or just freedom in general, people have the liberty to fulfill their life to the standard they…

Economics. 9th ed. Berkshire: McGraw-Hill Education. p508-512. * Cunningham, S.R (2012). A World of Persistent Inflation. [ONLINE] Available at: https://www.aier.org/article/7897-world-persistent-inflation. [Accessed 04 March 2013]. * Hall, D. (2012) Inflation and Unemployment [Lecture Notes] * Hoover, K.D (2008) Phillips Curve: Library of Economics and Liberty. [ONLINE] Available at:http://www.econlib.org/library/Enc/PhillipsCurve.html [Accessed 04 March 2013]. *…

Introduction The following research paper is about the new joint revenue recognition principles that were unveiled by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), which standardizes generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS) on recognition of revenue in the United States. The new joint revenue recognition principle was created to increase the financial transparency and the…

Table II graphically depicts the shift to fair value (accounting estimates) over time as the representational percentage of FASB members from the financial services industry increased. Accounting estimates are more pervasive in the conceptual framework due to the changes implemented in SFAC 8. The FASB’s objective in issuing any accounting regulation is to increase relevance of the financial reporting of a company for the benefit of its investors, creditors, and any other user in the…

TUI UNIVERSITY Mathew Shannon SLP 1 Case Assignment ACC 403 –Principles of Accounting Dr. Craig Mayberry December 2015 Session International Financial Management The Smith Company earned the net profit of $349,150, resulting into the net profit margin of $86,850 /$436,000 = 19.91 %. Net Profit margin position clear out how much net profit is earned by the company with the given amount of sales which is the present case is 19.91%. Current Ratio is the ratio between current assets and…

Generally Accepted Accounting Principles The Standards issued by the policy-setting policies are known as the Generally Accepted Accounting Principles (GAAP). These principles address recognition, measurement and disclosure of economic activity. Recognition occurs when an entity records an item on the financial statements or source documents, measurement addresses how the item is recorded in the financial statement, and disclosure involves items that are not recorded in the financial statements.…

Playwork Principles 3-9 1.1 The drive for children to play is inbuilt in our genetic makeup, almost an instinct or an impulse. Children learn through play their world around them. As the Play work principle No1 states: ‘’ All children and young people need to play. The impulse to play is innate. Play is a biological, psychological and social necessity, and is fundamental to the healthy development and well-being of individuals and communities.’’ A child will choose over anything else to…