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I need some assistance with these assignment. elon musk Thank you in advance for the help! Module Elon Reeve Musk Elon Reeve Musk is a South African born, investor, entrepreneur, engineer and inventor. He is the CEO of SpaceX, and founder of Tesla Motors and PayPal. He later moved to America and at the age of 24 enrolled for Ph.D. at Stanford University but dropped out after only two days to pursue entrepreneurship in the fields of Internet, Renewable Energy, and outer space. He founded Zip2 a web software company in 1995 and sold it to Compaq for 307 million US dollars in 1999. In the same year, he co-founded X.com an online financial services and e-payment company that later merged with PayPal. Musk sold his Paypal shares for 165 million US dollars in 2002 and founded Space Exploration Technologies or SpaceX, which manufactures and develops space launch vehicles with the aim of advancing rocket technology. The company has a string of astounding successes including winning a 1.6 billion US dollars NASA contract. Musk views space exploration as part of the expansion of human life

Tesla Motors on the other hand manufacture electronic cars and electric power train systems. His efforts to produce electric cars have seen him compared with Henry Ford. He is also associated with SolarCity the largest solar power systems manufacturer in the United States. Both Tesla and SolarCity aim to reduce global warming. His philanthropic nature goes further. His Musk Foundation focuses on clean energy.

With this string of enviable achievements, there are many things we can learn from Musk including lessons in leadership. Musk says leaders must lead by example, and no task is too menial for a leader. He believes in working like hell and is known for a tenacious work ethic. His second lesson is that leaders should have a purpose. He believes leaders must develop a vision and work towards achieving it. His vision is to go to Mars. Next he believes in creativity and says without creativity innovation and progress are impossible. Collaboration and teamwork are important too, and leadership is about doing rather than telling. Musk encourages innovation and urges employees to come up with new ideas. He is a modern example of young and extremely successful innovators and entrepreneurs like Steve Jobs and Mark Zuckerberg.

He believes in being decisive as a leader and says this promotes efficiency. Strategy and action lead to results. He also advocates for adaptability and belief in change. Change will always present challenges and leaders need to be able to adapt. Musk believes in using scientific methods to assess the right people during recruitment. He and says leaders should make sure they hire the first person the first time and set high standards for their Managers. The best leaders are self-aware and understand the power of adjusting their behavior and styles of leadership to inspire their staff.

Lastly, the right people should be given the right roles. He says building a company is like baking a cake. Ingredients have to be in the right proportion. Set people for success. If people have happy and energetic roles, they will work hard for the success of the company.

Work Cited

http://blog.predictivesuccess.com/top-10-lessons-in-leadership-from-elon-musk

Top 10 in Leadership from Elon Musk

By Rob Friday, With Robert

Elon Musk is a South Africa-born inventor and investor. He is the CEO and CTO of SpaceX, CEO of Tesla Motors, and Chairman of SolarCity. He is an early investor in SpaceX, PayPal, Inc, Tesla Motors and Zip2.

Lesson #1: Lead by Example

“If you’re co-founder or CEO you have to do all kinds of tasks you might not want to do …

 

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Loan AmortizationWhen Evelyn and Paul Peters were “house hunting” five years ago, the mortgage rates were pretty high. The fixed rate on a 30-year mortgage was 8.75% while the 15-year fixed rate was at 8%. After walking through many homes, they finally reached a consensus and decided to buy a $200,000 twostory house in an up and coming suburban neighborhood in the Midwest. To avoid prepaid mortgage insurance (PMI) the couple had to borrow from family members and come up with the 20% down payment and the additional required closing costs. Since Evelyn and Paul had already accumulatedsignificant credit card debt and were still paying off their college loans, they decided to opt for lower monthly payments by taking on a 30-year mortgage, despite its higher interest rate.Currently, due to a worsening of economic conditions, mortgage rates have come downsignificantly and the “refinancing” frenzy is under way. Evelyn and Paul have seen 15-year fixed rates (with no closing costs) advertised at 5% and 30-year rates at 5.75%. Evelyn and Paul realize that refinancing is quite a hassle due to all the paperwork involved but with rates being down to 30-year lows, they don’t want to let this opportunity pass them by. About 2 years ago, rates were down to similar levels but they had procrastinated, and had missed the boat. This time, however, the couple called their mortgage officer at the Uptown Bank and locked in the 5%, 15-year rate. Nothing was going to stop them from reducing the costs of paying off their dream house this time!Questions:1. What is Evelyn and Paul’s monthly mortgage payment prior to the refinancing?2. During the first 5 years of owing their dream home, how much money has the couple paid towards the mortgage? What proportion of this has been applied toward interest?3. Had the couple opted for the original 15-year mortgage proposal (15 year, 8%), how much higher would their monthly payment have been?4. Under the original 15-year, 8% mortgage option, how much total interest would have been paid over the life of the loan? How does this compare with the total interest that would be paid on the 30-year, 8.75% mortgage?5. If the Peters had chosen the original 15-year, 8% mortgage proposal, how much tax shelter would they have lost (over the last five years) as compared to the 30-year, 8.75% mortgage? Assume the Peter’s tax rate is 30%.6. If the house is currently worth $245,000 and most lenders are willing to lend up to 90% of home value, how much excess equity can the Peters cash out?7. Should Evelyn and Paul cash out the excess equity that they have built up? Assume money market rates are 4%.8. Should Evelyn and Paul go ahead and close the 5%, 15 year mortgage? Explain your answer with suitable calculations.

 

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As the rate of innovation increases, companies face expanding product/service lines, shorter product and service lifecycles, and more frequent product/service transitions. All of these can bring tremendous value but also pose enormous challenges and risks.

The article “The Art of Managing New Product Transitions” by Erhun, Gonclave, and Hopman (2007) from the readings for this module includes a matrix titled “Product Drivers and Risk Factors,” which focuses on Intel, a company that manufactures high-tech products (p. 76). Based on your readings and research, address the following issues:

  • Redesign the product risk factor matrix so that the factors are appropriate for a services firm that delivers traditional tax accounting and audit services. For example, among the supply risks, assume that the company relies on individuals with specific knowledge of the tax law in the jurisdictions where its clients operate, be it state, federal, or foreign.
  • Now, assume that the firm wants to develop a management consultancy practice. (Alternatively, you may choose to add a legal services line instead.). Create a separate new matrix that summarizes the additional risk factors for this firm launching a management consultancy or legal services line. What additional risk factors are you adding to your matrix?
  • Explain how the business risks differ between traditional tax and audit services and management consulting services. In your opinion, what are the three biggest risks the firm faces if it diversifies into the new service line?
  • Recommend whether the firm should organically grow into a consultancy service or acquire a third party to achieve new goals. Justify your recommendations.

Develop a 6–8-slide presentation in PowerPoint format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M2_A2.ppt.

Be sure to include the following in your presentation:

  • A title slide
  • An agenda slide
  • A reference slide
  • Headings for each section
  • Speaker notes to support the content in each slide

 

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Discussion 2: The Role of the RN/APRN in Policy-Making

Word cloud generators have become popular tools for meetings and team-building events. Groups or teams are asked to use these applications to input words they feel best describe their team or their role. A “word cloud” is generated by the application that makes prominent the most-used terms, offering an image of the common thinking among participants of that role.

What types of words would you use to build a nursing word cloud? Empathetic, organized, hard-working, or advocatewould all certainly apply. Would you add policy-maker to your list? Do you think it would be a very prominent component of the word cloud?

Nursing has become one of the largest professions in the world, and as such, nurses have the potential to influence policy and politics on a global scale. When nurses influence the politics that improve the delivery of healthcare, they are ultimately advocating for their patients. Hence, policy-making has become an increasingly popular term among nurses as they recognize a moral and professional obligation to be engaged in healthcare legislation.

To Prepare:

  • Revisit the Congress.gov website provided in the Resources and consider the role of RNs and APRNs in policy-making. (https:// on potential opportunities that may exist for RNs and APRNs to participate in the policy-making process.

By Day 3 of Week 8

Post an explanation of at least two opportunities that exist for RNs and APRNs to actively participate in policy-making. Explain some of the challenges that these opportunities may present and describe how you might overcome these challenges. Finally, recommend two strategies you might make to better advocate for or communicate the existence of these opportunities to participate in policy-making. Be specific and provide examples.

 

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