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.
<u><em>In economics, we cannot accurately predict what individuals , so any model that attempts to predict the behavior all will ultimately fail. , so any model that attempts to predict the behavior all will ultimately fail.</em></u><span><u><em> </em></u></span>
Answer: They will run away and feel fear / emotion as a reaction to their bodily physiological changes
Explanation: According to the James Lange theory, for someone to feel an emotion, in this case an emotion of fear, one must first experience the physiological changes that can be accelerated heartbeat, rapid and deep breathing and the like, which are caused by an outward appearance say a danger such as a bear in this case, watching a horror file etc. In doing so, emotion is the equivalent to a physiologically experience, which again depends on the external danger or occurrence in question.
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<span>"The House of Burgesses was created by the Virginia Company as part of an effort to encourage English craftsmen to settle in North America and to make conditions in the colony more agreeable for its current inhabitants. The House of Burgesses was the first legislative assembly of elected representatives in North America."</span>
