Ruler Zhou of the Zhou dynasty
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.
Answer:
Pearl Harbor being attacked.
Explanation:
Germany invaded France on May 10th, 1940. The U.S. bombed Japan in August of 1945. Pearl Harbor was attacked on December 7th, 1941. The D-Day invasion was on June 6th, 1944.
Answer:
It is important because it keeps the other animals in check.
Explanation:
They keep the animals in check so there isn't an overpopulation of a certain animal.
Let's take sea otters for an example, the sea otters keep the sea urchins in check so they don't eat all the kelp. When there was a massive decrease in sea otters due to orcas eating them, the kelp was disappearing and the sea urchins were growing in population.
Answer:
Nepotism and favoritism are also forms of corruption because the terms of participation and inclusion are not transparent. Not everyone is given an equal opportunity to participate.
Explanation:
Corruption is a serious problem the world over as it divests many national governments and political systems of valuable resources as funds and state resources are diverted to personal interests and personal gain. One example of corruption that is highly prevalent is nepotism -- political figures and other persons of power will use their influence in order to find positions of influence for their friends and family that are generally well renumerated and/or allow the person to grow their sphere of influence and to tilt the balance of decision making on government spending and allocating resources in their favor. This is also unjust and unfair in that other qualified individuals, who are also generally more qualified for positions are not considered because they do not have the same family and professional connections.
