What Are the Four Key Components of the Model (M)variable

question 1

Essay

What are the four key components of the model (M)variable in the rational approach to change? Explain how you would use these components to drive change at your school.Apply the components to a specific example at your school,such as using alternative energy sources to provide power to dormitories,reducing the fats/sugars in cafeteria food,etc.

Recognize methods to minimize experimenter expectancy effects and understand their importance in maintaining internal validity.

Understand the concept of project crashing and its impact on project cost and schedule.

Calculate crash cost per period for project activities.

Analyze critical paths and identify activities for potential crashing within specified budget constraints.

---

Definitions:

Fair Value

The estimated price at which an asset would change hands between a willing buyer and seller, not under compulsion and with reasonable knowledge of the relevant facts.

Mortgage

A loan secured by real property, typically used to purchase that property.

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus accumulated depreciation.

Fair Value

The estimated price at which an asset or liability could be bought or sold in a current transaction between willing parties, other than in a liquidation sale.