ANSWERS TO STUDY QUESTIONS CH 1 1. Why is management important to society? For a society to survive and prosper there must be maintained efficient and effective management of the production of goods and services. 2. Why is management important to individuals? The management function is a source of employment to 18% of the growing work force. It offers good salaries‚ status‚ and opportunities for personal growth. 3. What is the role of the manager? The role of the manager
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What is current market performance of Saxonville Sausage Company? What is the current environment in the markets that the company is present? The company predominantly used 3 sausage varieties viz. ‘Bratwurst’(70% revenue) ‚ breakfast sausages(20% of the revenues) and the Italian sausage ‘Vivio’(5% of revenue). Bratwurst and breakfast sausages were experiencing a flat growth which lead to a revenue decline . On the contrary ‚ the Italian sausage grew at a promising pace from 9% in 2004 to 15 %
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Homework – Compare how poets explore language in ‘Unrelated Incidents’ and one other poem. The language employed in poems ‘Unrelated Incidents’ and ‘Half-Caste’ effectively portrays the discrimination both poets receive. The writers’ use of language shows how they feel and how they deal with the discrimination. Both poems show positive diction. ‘Unrelated Incident ‘ is written as third person‚ making it feel we are being directly spoken to and half-caste is written in first person so the reader
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After a countless number of wars‚ the United States of America continues to progress throughout time. No revolutionary‚ civil‚ or world war can penetrate deep enough into America’s heart. What could possibly be the answer to America’s success? Is it the estimated eight thousand nuclear warheads the United States carries in its arsenal? Or is it the American diet (full of Whoppers and Big Macs) that provides the nutrients to power our soldiers? Neither of these are the reason for America’s constant
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assess political risk? What are its consequences? How can a firm manage political risk? What is micropolitical risk and how does it affect international business? Political risk assessment can be done as simple as conducting an online research yourself‚ or by hiring experts and consultants familiar with the host country. They are able to inform the likelihood of political change and develop possible scenarios for future political conditions. Another form of assessing political risk can be assigning
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Opportunities for expansion and diversification Diversification is a form of corporate strategy for a company. It seeks to increase profitability through greater sales volume obtained from new products and new markets. A business strategy in which expansion is obtained by increasing the number of products in which customers can purchase from a company ’s store/under the company’s name. Fred Greer was able to mention how the Wrightbus Company expand within the bus manufacturing sector‚ this is
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- Review Managerial Policy TOPIC: Turning Great Strategy into Great Performance (by Michael C. Mankins and Richard steele) Article Review Substantial industrial competition‚ dynamic process of internationalization and globalization and fast-tracking of technological innovations – these are just few of the factors that affect the global marketing and its related operations. With such phenomenon affecting every company‚ there is a need to identify the most suitable market solution in
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Creatine and Improved Athletic Performance: Benefits‚ Risks‚ and Regulation Abstract Creatine‚ being a natural building block in fast twitch muscle energy supply‚ can also be used by athletes as a supplement to increase muscular performance. It can be classified by many athletic associations as a muscle building supplement‚ much like anabolic steroids‚ and these associations take that into account when generating use policies for competition. However‚ there are many risks associated with such use: organ
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understandable by its intended recipient. Otherwise the communication is wasted and a business could suffer. The best channels than can be used to have an efficient and effective business in this case are face-to-face communication‚ teleconferencing and written communication. Firstly‚ face-to-face communication can enhance effectiveness of meetings. When there’s an issue that requires a decision‚ you’re able to reach a consensus more quickly. Also‚ when there are many people in a meeting‚ there’s
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Are faces special? Critically evaluate the evidence that we have evolved a specialised neural network dedicated to processing faces. Brian Marron‚ 11461992‚ SF TSM. INTRODUCTION Processing faces is extremely important to humans as social beings. We are able to put and identity on thousands of faces (Gazzaniga‚ 2002) with ease‚ something we might take for granted. The value of this ability can be better understood when the world is viewed through the eyes of somebody with prosopagnosia‚ the inability
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