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Automatic Voltage Control and Generation Control in Power Systems

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Automatic Voltage Control

Basically consists of a main exciter field which excites the alternator field to control the output voltage. The exciter field is automatically controlled through an error equal to V reference - Vt. When the output voltage is higher than the required value, the BT is measured by a potential transformer and fed back to the input so that the error V reference - Vt is applied to the exciting field. This ensures that the generator output voltage is maintained at the desired level.

Components:

  • Potential Transformer: Provides a sample of terminal voltage
  • Differentiating Device: Gives actuating error e = V ref - Vt
  • Error Amplifier: Amplifies the error signal
  • SCR Power Amp: Transfer Function = (ke / 1 + TeS)

Automatic Generation

... Continue reading "Automatic Voltage Control and Generation Control in Power Systems" »

Service Marketing: Essential Concepts and Strategies

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What is the Service Marketing Mix?

All elements within the control of the firm that communicate the firm's capabilities and image to customers or that influence customer satisfaction with the firm's product and services: product, price, place, and promotion.

  • People: All human actors who play a part in service delivery and thus influence the buyer's perceptions: namely, the firm's personnel, the customer, and other customers in the service environment.
  • Physical Evidence: The environment in which the service is delivered and where the firm and customer interact, and any tangible components that facilitate performance or communication of the service.
  • Process: The actual procedures, mechanisms, and flow of activities by which the service is delivered
... Continue reading "Service Marketing: Essential Concepts and Strategies" »

Master Budget Components and Performance Evaluation

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Major Components of a Master Budget

A master budget can be divided into operating and financial budgets:

  • Operating budgets describe the income-generating activities of a firm: sales, production, and finished goods inventories. The ultimate outcome of the operating budgets is a pro forma or budgeted income statement.
  • Financial budgets detail the inflows and outflows of cash and the overall financial position. Planned cash inflows and outflows appear in the cash budget. The expected financial position at the end of the budget period is shown in a budgeted, or pro forma, balance sheet.

Behavioral Dimension of Budgeting

Using Budgets for Performance Evaluation

  • Budgets are often used to judge the performance of managers.
  • Bonuses, salary increases, and
... Continue reading "Master Budget Components and Performance Evaluation" »

Candidate Assessment: A Comprehensive Guide to Evaluation

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Candidate Assessment: A Comprehensive Guide

Profile Study

  • Assessment of CV presentation
  • Analysis of cover letter
  • Check for 5/6 essential profile factors: Age, degree, training, experience.
  • Selection of suitable candidates
  • Communication to rejected candidates

Preliminary Interview

Important for removing unsuitable candidates.

  • Short
  • Informs the candidate of basic workplace features: salary, contract type, position, specific location.

Assessment and Psychometric Tests

  • Aims to measure personality, skills, and knowledge.
  • Predicts future behavior in a specific job.

In-Depth Interview

  • Introduce the candidate to the job and company.
  • Evaluate the candidate's real potential for development.
  • Evaluate opportunities for future development.
  • Report on past behavior in similar
... Continue reading "Candidate Assessment: A Comprehensive Guide to Evaluation" »

Entrepreneurial Success: From Opportunity to Market Impact

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The Entrepreneurial Journey: From Idea to Impact

Core Principles of Entrepreneurship

The entrepreneurial process begins with opportunity, not solely with strategy, resources, or planning.

Opportunity recognition stems from creativity, a quality shared by both the entrepreneur and the entrepreneurial team.

Creativity itself arises from the collision between academic learning and real-world practice.

Value creation is the result of integrating identified opportunities with the efficient use of resources.

The successful combination of people, opportunity, and resources, converging at a particular time, often determines the chance for success.

Phases of Business Development

The Entrepreneurial Venture Lifecycle

The entrepreneurial journey can be broken... Continue reading "Entrepreneurial Success: From Opportunity to Market Impact" »

Effective Group Decision-Making: Techniques & Strategies

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Effective Methods in Group Decision Making

To make decisions by consensus, different techniques can be employed, including the Nominal Group Technique and brainstorming.

Nominal Group Technique

The Nominal Group Technique is a structured method for problem-solving in groups. A moderator presents a problem, and for 6-8 minutes, each group member silently writes down their ideas and potential solutions. The ideas are then discussed individually to clarify any doubts. Subsequently, group members independently rank the ideas based on their own perspectives.

Decision-Making by Majority

When unanimous agreement cannot be reached, voting is a straightforward method to arrive at a decision. Each member casts a vote for their preferred option. There are... Continue reading "Effective Group Decision-Making: Techniques & Strategies" »

Professional Communication & Interview Skills

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Understanding Communication

Communication serves various purposes:

  • Ideational: Conveying ideas and information.
  • Textual: Connecting ideas coherently within a discourse.
  • Interpersonal: Engaging with the audience and building rapport.

Methods of Communication

Communication can be delivered through different channels:

  • Verbal: Spoken and written forms, encompassing linguistic (words) and paralinguistic (tone, pitch) elements.
  • Non-verbal: Utilizing non-verbal materials (visual aids) and body language (gestures, posture, eye contact).

Mastering Academic Presentations

To deliver effective academic presentations, follow these steps:

  1. Introduce Yourself: Clearly state your name and affiliation.
  2. Connect with the Audience: Establish rapport early on.
  3. Capture Their
... Continue reading "Professional Communication & Interview Skills" »

Work Environment Factors: Impact on Productivity

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Working Conditions as Determinants of Work Climate

The work climate is the human and physical environment in which daily work is developed. It influences employee satisfaction and, consequently, productivity. Some aspects that determine the work climate in an organization are:

Autonomy

Autonomy refers to the independence of individuals in the execution of their normal duties. A positive work climate encourages employees to have all the independence they are capable of assuming.

Physical Conditions

Physical conditions encompass the environmental characteristics in which work takes place: lighting, sound, space distribution, location (situation) of people, utensils, etc.

Leadership

Leadership is defined by leaders' ability to relate to their colleagues.... Continue reading "Work Environment Factors: Impact on Productivity" »

Effective Business Communication and Decision-Making

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Effective Business Communication

Communication within the company has definitions applicable to the organization:

  • To share a project.
  • To interact with other-oriented behavior that develops fulfillment of pre-established objectives.
  • A process by which ideas are transferred from one person to another to develop a specific outcome.

Leadership = Communication. It is influencing others through communication processes to achieve objectives. Communication can be external or internal.

  • External Communication: Occurs between the company and other companies or the environment.
  • Internal Communication: Occurs between members of the organization.

External communications aim to ensure that customers and the environment understand what the company offers. This leads... Continue reading "Effective Business Communication and Decision-Making" »

Psychosocial Interview Techniques and Structure

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Interview Types and Purposes

Interviews can be categorized based on several factors:

  • Purpose: Information gathering, guidance, referral, specific demands, data collection, or relationship building.
  • Number of Respondents: Individual, group, or family.
  • Theoretical Framework: Systemic, psychodynamic, psychosocial, behavioral, or phenomenological.
  • Style of Advice: Directives and policies.

Sullivan emphasized the importance of understanding the psychosocial aspects of a client's problems during an interview. The interview serves a transformative function, relying on communication processes between the interviewer and interviewee. It is a structured dynamic situation built upon rapport and an empathic relationship.

Technical Support for Assistance

The interview... Continue reading "Psychosocial Interview Techniques and Structure" »