Practices Question 1.Explain Decision making process and various types of decision with examples? Ans: Decision making can be regarded as the mental processes (Cognitive process) resulting in the selection of a course of action among several alternative scenarios. Every decision making process produces a final choice. The output can be an action or an opinion of choice. Developed by B. Aubrey Fisher‚ there are four stages that should be involved in all group decision making. These stages‚ or sometimes
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PUBLIC SPEAKING Topic: The using credit card General purpose: To Persuade. Specific purpose: To persuade my audience about the using credit card Central idea : To persuade my audience about the benefits The benefits of using credit card Introduction: American Express‚ MasterCard and Visa Card are the more popular credit cards in Malaysia. With a credit card in hand‚ you can make purchases today and pay later‚ Body: 1) It makes shopping easy -
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abolition of slavery‚ and changed other major parts of American culture in the process. Beginning as early as the Louisiana Purchase in 1806‚ issues over slavery and expansion seemed to go hand in hand up until slavery was officially abolished by
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How the purchase/order is made? When our company‚ Emballator Lagan Plast (ELP) decides on‚ what supplier they want and what they are expecting from them‚ they have a few priorities and parameters they use as guidelines for that decision. To be qualified as a material supplier for ELP‚ they expect the supplier to fulfill these demands: * Value for the money * Short lead-time * High quality * Availability * Delivery * flexibility To get value for the price you pay
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Friendly Cards‚ Inc. By: 1. Should Friendly Cards purchase
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First process is problem recognition in which someone in the company recognizes a problem or need that can be met by acquiring a good or service. It can result from internal (a machine break down and need new parts) and external stimuli (buyer receive a call from a salesperson who offers a better machine or a lower price). Next stage is general need description in which a buyer describes the general characteristics and quantity of a needed item. An example‚ for complex items‚ the buyer needs to work
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The Louisiana Purchase is often credited with being one of Thomas Jefferson’s greatest achievements of his first term as president. The territory was bought from France ‚ whose leader at the time was Napoleon Bonaparte. It was not planned for Jefferson to buy it‚ but it was a very good decision considering the circumstances that were given. “Jefferson knew that it was imperative to have access to the city of New Orleans‚ or eventually lose everything beyond the Appalachians”‚ page 178‚ paragraph
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Payments Payment is a kind of feedback system that making a transaction of purchases at Octopus-enabled retailers. Holding the card against or waving it over an Octopus card reader from up to a few centimeters away without the user taking out the card. The reader will acknowledge payment by emitting a beep sound‚ and display the amount deducted and the remaining balance of the card in 0.3 seconds. In MTR When riding the MTR system‚ the entry point of commuters is noted when a passenger enters
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CONSUMER BEHAVIOUR: HOLIDAY DECISION MAKING PROCESS SUMMARY: Decisions are omnipresent in the daily lives of human beings. Being tireless decision makers‚ it stands to reason then that we understand the forces that drive decision making. The following report seeks to critically evaluate the long-held traditional ‘rational problem- solving and cognitive model’ of the consumer decision making process against the background of the holiday decision making patterns of the modern consumer. The one striking
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Hello every one. It’s good to see you all here. Let me introduce myself‚ I’m Pham Van Dien from Foreign Trade University. As some of you know‚ I’m the employee of Bkav corporation. And‚ of course‚ today’s topic is Anti-virus software of Bkav corporation. My topic will be very important for you because I think everybody here have at least a computer and have got problems with them. Today I’ll be showing you about Anti-virus products details of Bkav corporation. I’ve divided my presentation into two
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