1-1. The concept of leadership as a "vocation" greatly distinguishes leadership from a job, career, or what one simply does for a living. A vocation can be thought of as one's calling. Vocation is often associated with the clergy or missionaries who feel called by a higher power to fulfill a specific purpose. Vocation is also a concept associated with careers like teachers, emergency responders, doctors, or other health care professionals who feel strongly compelled to dedicate their own lives to improving the lives of those whom they serve. Consider your own view of leadership. How does understanding leadership as a vocation inform your understanding of the personal and moral commitments required of leaders? If leadership is not a job, but a calling, what responsibilities do leaders have towards their position, their organization, and their followers? 1-2. Leadership is a complex process that requires leaders to critically appraise the circumstances in which they find themselves to best determine how to lead and influence those around them. There are multiple tactics a leader can employ in any given circumstance to influence a situation or their followers. Compare two leaders you have dealt with in the past. What different tactics did these leaders employ to influence situations or people? Which tactics were successful? Which tactics were not successful? As a leader, how can you critically appraise situations to make sure you select appropriate tactics for influencing a given situation? 2-1. Review "Case 3.1: A Strained Research Team," located in Chapter 3 of the textbook, Leadership: Theory and Practice. Post a 250-300 word response to the questions located at the end of the case. In your response, be sure to address the strengths and weaknesses of the three-skill approach in this situation. 2-2. Review "Case 4.1: A Drill Sergeant at First," located in Chapter 4 of the textbook, Leadership: Theory and Practice. Post a 250-300 word response to the questions located at the end of case. In your response, be sure to address the strengths and weaknesses of the behavioral approach to leadership in this situation.

For this part of the course project, you will demonstrate your understanding of the time value of money.In your role as a financial advisor at Eagle Consulting, you will be meeting a potential customer, Keith Jones. Mr. Jones customer is 35 years old and married with two children, and he would like your help in planning a long-term investment strategy with the $100,000 he has to invest. In advance of your meeting, you decide to create a PowerPoint presentation that will educate Mr. Jones on the underpinnings of the time value of money. In doing so, your goal is to help your client understand the basic construct that a dollar today is more valuable than a dollar received tomorrow.To complete this assignment, do the following:Refer to the Eagle Consulting Info Sheet you downloaded for the previous course project pieceDevelop a 6-screen PowerPoint presentation with accompanying lecture notes that:Explains the concept of the time value of moneyProvides examples of how time value of money calculations are determinedThe presentation should include the following slides and accompanying lecture notes. The slide content should be brief and include supporting images or diagrams where appropriate. Use the Notes area beneath each slide to put the accompanying lecture notes for the slide.SlideContent1Title Slide2Slide Content: Main ideas of the time value of moneyLecture Notes (100-150 words)Provide an explanation/definition of the time value of money.Explain why understanding the time value of money is important to investors.Explain the risk for investors in not understanding the time value of money.3Slide Content: Step-by-step example of a present value calculation using numbersLecture Notes (100-150 words):Explain the present value formula.Explain how changing the variables in the formula will affect the investment outcome.4Slide Content: Step-by-step example of a future value calculation using numbersLecture Notes (100-150 words):Explain the future value formula.Explain how changing the variables in the formula will affect the investment outcome.5Slide Content: Identify impacts of compounding on the calculation of present value and future valueLecture Notes (100-150 words):Provide examples of how compounding impacts both the present value and future value of investments.6Slide Content: Summarize the main points of the time value of money concepts. Lecture Notes (100-150 words):Explain why these concepts are critical to an investor.If you need assistance with using Microsoft PowerPoint, please visit the Video Tutorials page in the Course Materials folder.Save your assignment as a Microsoft PowerPoint presentation. (Mac users, please remember to append the ".pptx" extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date. An example is shown below:Jstudent_exampleproblem_101504