ways of saying a particular sentence to a person. Let us take the sentence ”Hello‚ how are you‚” if you are greeting a very important person‚ you would say it in a very sophisticated and well-mannered way‚ such as ” Good afternoon Mr. Ahmed‚ how are you feeling today?” Whereas if you are meeting your bestfriend‚ the language you speak turns more into slang‚ such as ”Hey bro‚ what’s up?” Therefore the way language reflects me is that when I have to have a conversation with a person‚ I carefuly choose
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4. Explain why economists usually oppose controls on prices. The reason most economists are usually oppose about price controls is that they distort the allocation of resources. Price ceilings‚ which prevent prices from exceeding a certain maximum‚ cause shortages. Price floors‚ which prohibit prices below a certain minimum‚ cause surpluses‚ at least for a time. For example‚ let’s say that the supply and demand for milk and eggs are balanced at the current price‚ and that the government then fixes
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‘. Explain how a specific event‚ circumstance‚ or situation has helped shape some aspect of your personality or interests. I remember back to 11th grade in high school I faced difficulties with my health that caused me to miss school. The majority of 11th grade I was either in the hospital or at home. For anyone in the hospital‚ it can be quite a scary place that leaves you hopeless‚ but I realized a lot about myself in that year. To me‚ I saw that nurses are there to offer invaluable support
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Today there is a lot of talk about compensation‚ its cost to the organization and the company’s return on its compensation investment. As a result‚ a variety of new pay systems have been developed‚ each with its own objectives‚ benefits and risks. Some companies have already installed new pay plans‚ and many more are considering it. Strategic compensation planning allows an organization to focus on its strategic objectives and develop a comprehensive plan‚ considering base pay‚ short- and long-term
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Assignment 1 Type your answers to this assignment onto this page‚ using blue font to distinguish your words. Your answers should immediately follow the questions or items you are asked to address. 1. In Chapter 2 of Reframing Organizations‚ the authors describe four significant properties of organizations: Organizations are complex Organizations are surprising Organizations are deceptive Organizations are ambiguous a. Describe the management implications associated with each of these properties
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the most expensive gas The United States gasoline prices have been fluctuated from $3.40 a gallon to $3.60 in the last few months. As of July 20‚ 2013 the average fuel prices which is nationwide use to be $3.63 per gallon has rising up from $3.48 cents a gallon‚ which was a week apart. The recent rise in gas price have some drivers wondering if the gas price will soon be up to $4.00 a gallon by the end of this summer. The Crude oil prices have shot up partially because of the political unrest
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REVIEW QUESTION SET #1 FOR THE MIDTERM EXAM QUESTION 1 (PRODUCTIVITY) ElectroPlus manufactures electronic components. It has recorded data for the last three years as shown in the table below. ElectroPlus Productivity Data (in millions of dollars) 2009 2010 2011 Sales 220 258 248 Materials 124 146 142 Labor 56 66 56 Overhead 16 24 20 a) Calculate a measure of labor productivity for each year and comment on the pattern. b) Calculate a measure of multifactor productivity for each year using
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Q. Name & explain the different types of market Ans: A set up where two or more parties engage in exchange of goods‚ services and information is called a market. Ideally a market is a place where two or more parties are involved in buying and selling. The two parties involved in a transaction are called seller and buyer. The seller sells goods and services to the buyer in exchange of money. There has to be more than one buyer and seller for the market to be competitive. Monopoly - Monopoly
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PRODUCTION AND MATERIALS MANAGEMENT: 3. State the important objective of “Quality Control”. Explain briefly how Quality Control objectives are achieved in Engineering Industry. Introduction to Quality control Quality control is a process employed to ensure a certain level of quality in a product or service. It may include whatever actions a business deems necessary to provide for the control and verification of certain characteristics of a product or service. The basic goal of quality control
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Price Price which means that the amount of payment for goods and services given in money term. Price also is the total values for consumers exchange for the benefit for their satisfaction by using or having the product or service. Price decisions must focus on product design‚ promotion costs‚ distribution and more mixed‚ forming a valid imploded marketing plan. In arrange the price of a product‚ marketers must use the pricing strategy. However‚ use the pricing strategy not only can fascinate more
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