Every cooperative board of directors is charged with both protecting and utilizing the resources of the cooperative for its members. This simply stated prime directive is far from a simple task.
Balancing the needs of the member with the needs of the cooperative’s balance sheet is a tricky proposition at best. Establishing margins to cover actual costs along with additional net savings that will allow for future growth of services can be difficult, but past performance – together with reasonable expectations and realistic optimism – should drive financial projections.
With the help of the cooperative’s management, boards develop and approve business plans that will meet the organization’s goals. Most planning cycles are conducted annually, creating a budget that anticipates surpluses. New projects offering better services or products are financed along with long-term financing, either with new injections of capital or long-term borrowings. Unrealistic long-term financing projections can seriously interrupt the monthly and daily operations of a cooperative, therefore, understanding how current assets and liability affect the cash to cash cycle is a critical piece of knowledge that any board member needs. Current assets consist of cash, inventories and accounts receivable. Current liabilities include accounts payable for goods and services and the current portion of long or immediate term debt.
The Greenwich Meridian (or prime meridian) is a 0° line of longitude from which we measure 180° to the west and 180° to the east.
<span>individualistic, American culture - This hypothesis was proposed by Christopher P. Earley. Social loafing is when a person puts less effort when working in a group than when working alone. Earley' s studies found that people from individualistic cultures had lesser tendencies to work to their potential in group activities and were more prone to social loafing. This was in contrast to collectivist cultures like Chinese. People of the Chinese culture were found to be better performers at group activities. </span>
Answer : The remains of dead plants and animals settle to the bottom of an ocean or lake and are covered by mud. Pressure eventually forms these layers into rock.
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Why? : Basically sedimentary rocks are formed in low temperature, the pressure is low so the remains of any dead plants don't burn or get destroyed.
Igneous rocks form from molten rock and don't really get much fossils in them,
Metamorphic rocks has been under great pressure which fossils would not be able to survive in.
Shape profit orientations, agenda set, and amount of hard news offered.
Most of the time the important news is not given due prominence by preference on issues that can generate more profit, this causes the vision of society to change, and that we do not become more capitalist and thus observing in many moments only what generates the most. Profit is less what effect matters to society.
When the news of a celebrity buying new clothing is more important than the disasters that have happened in china, for example.