As mentioned above‚ during the last negotiation simulation there were three groups or teams. Each team represented a South American country. For this exercise the country of Brazil‚ wanting more action and less declaration of political will‚ convened a working group consisting of three countries: Venezuela‚ Peru and Colombia. The sole purpose of generating these countries together was to generate a solution to water quality concerns. Cooperation was a key element within this negotiation‚ as working
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The Airplane game‚ an exercise in lean thinking. After reviewing the article The Lean Service Machine (Swank‚ 2003) and watching a video series on making toast using the concepts of Kaizen‚ the class settled into the simulation. This simulation utilized the uniquely simple task of making a paper airplane and transformed it into an overly complicated multi-step batch process simulating the complex production processes that control the manufacturing of military aircraft. There was a job initiator that
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Pricing Simulation During twelve months‚ starting in October‚ we were responsible for setting the pricing strategy of Universal Rental Car Company‚ as the district manager for the Florida region of Orlando. It was a big role as Florida was the company’s worst performing region and had two major problems: “Stock outs”‚ which used to occur during demand peaks‚ and “unsold inventory”‚ which occurred in demand valleys. Furthermore‚ we had to deal with the competitor in an intense price war‚ as the customers
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CMEC01 12/8/06 8:50 Page 1 Chapter 1 Managers and Managing LEARNING OBJECTIVES After studying this chapter‚ you should be able to: ✓ Describe what management is‚ why management is important‚ what managers do‚ and how managers utilise organisational resources efficiently and effectively to achieve organisational goals. ✓ Distinguish among planning‚ organising‚ leading and controlling (the four principal managerial functions)‚ and explain how managers’ ability to handle each one can affect organisational
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Latin Literature in History Greek literature was one of the numerous Greek accomplishments from which Romans drew immense influence. The Romans picked up first on the Greek embrace of rhetoric‚ which became an educational standard‚ given that a man’s rhetoric‚ his ability to "push the buttons" of the subject audience by way of speeches‚ supplemented the man’s rise to political power. But as rhetoric began to diminish from Roman daily life following Rome’s imperialization‚ identical
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Over the course of completing the simulation‚ which was designed to address international legal and ethical issues for a company‚ there were a number of things that can be taken for granted within the United States but is though upon differently in other countries. It was interesting to note that there are distinct issues that must be addressed in resolving legal disputes‚ especially in international transactions. One issue is that there needs to be a clause‚ written within the contract‚ which
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(Austria-Hungary‚ Brazil and Mexico) in the 1860s. João Fábio Bertonha From the sixteenth to the eighteenth centuries‚ the major states of Western Europe built great Atlantic empires‚ based on direct colonization‚ naval power and commerce. These countries were the main protagonists of a movement that included trade and the establishment of naval bases and commercial outposts in the Indian‚ Atlantic and Pacific oceans‚ as well as in the Mediterranean‚ the Baltic and other seas. In this context and
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Individual Project: Verbal Presentation Dr. Ho Jee Hou 1. Practicalities 2. Material 3. Audience 4. Yourself 1. Practicalities Worth 10% 15 minutes + 5 minutes for questions Timetable to be circulated through email PowerPoint presentation is recommended Peer assessed (among a group of 7 – 8 students) 2. Material Time is precious You do not have to include everything Tell a coherent story Present your results clearly What to say Structure your presentation
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Work Files It is time to roll the camera. Using your flashcards‚ review the Vocabulary Props you have had so far. Choose derivatives of 25 different Latin words‚ and write English sentences which include the derivative and the meaning of the Latin word. Example: An aqueduct carries water to Rome. 1. My canine is a truly loyal dog. 2. The conductor decided to lead us the wrong way. 3. My uncle is in the military as a soldier 4. If you are a pacifist then you believe in peace. 5. Due to
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biggest opportunities facing new managers entering industry?’ In today’s economic condition that always changing‚ very complex challenges and opportunities are facing new managers when entering workplace in any sectors of company. The new managers who are looking for jobs in the market are either experienced or fresh graduates. It is important for them to have competency and set of skills‚ as globalisation and competitiveness continue to grow. Thus‚ managers have bigger responsibilities in blending
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