An Adaptable leader possess a variety of cognitive techniques and skills to enable strategic thought process. These strategic processes included Critical Thinking‚ Creative Thinking‚ Innovative Thinking‚ Adaptive Thinking‚ Reflective Thinking‚ Analytical Thinking Future Thinking‚ Systems Thinking‚ and Synthesis. Of all the mentioned strategic thinking processes‚ I believe that adaptive thinking is the most important. I will now explain why adaptive thinking is important and how this concept will
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Pricing productsIntroduction Products and services have a price just as they have a value. Many non-profit and all profit-making organizations must also set prices. Pricing is controversial and goes by many names: Price is all around us. You pay rent for your apartment‚ tuition for your education. The airline‚ railway‚ taxi and bus companies charge you a/are; the local utilities call their price a rate; and the local bank charges you interest for the money you borrow ; the guest lecturer charges
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supply electricity to cities in the late 1880s is often called the ’War of Currents ’‚ as this battle ultimately decided which type of current became the standard for the generation of electricity today. Due to different advantages and disadvantages‚ Edison promoted direct current (DC) for electric power distribution‚ whereas Westinghouse and Nikola Tesla both advocated alternating current (AC). Edison ’s direct current was initially the standard for the United States for electricity distribution
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In the sculpture Cross Currents‚ by Albert Paley‚ the size‚ environment‚ and design of the sculpture help it to create a unique meaning describing the university. It is located in the courtyard on the Florida Gulf Coast University campus. It’s a rather large sculpture which stands almost as tall as the two story buildings on either side of it. The size seems to represent that of college‚ and the open composition of the way the pieces reach up on the top show how it’s spreading out and growing
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for some of the modern conveniences of today‚ Thomas Edison and Nikola Tesla. Edison perfected the incandescent light bulbs and devised a system of electrical current for homes and businesses. Tesla’s biggest innovation was introducing alternating current as the standard for modern electric power‚ breaking Edison’s monopoly on direct current power. Inventors Thomas Edison and Nikola Tesla were opposite sides of the same coin. Edison‚ a brilliant business man with no formal education and Tesla‚
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Caledonia Products Company is introducing a new product. With previous fallouts from the company and ranging a 34% marginal tax bracket with a 15% required rate of return or cost of capital the change of direction is to initiate the new plan. Mr. V. Morrison‚ CEO‚ Caledonia products is asking for professional guidance to analyze his current cash flow statement to determine if the project of adding two mutually exclusive projects is profitable. Therefore‚ as an Assistant Financial Analyst‚ is take
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Shipper to gradually shift from a low volume/sole-source product line to a higher volume/continuous product‚ manufacturing will need to adopt new operations objectives with respect to cost‚ delivery‚ quality and flexibility. The current customized products allow for costs to be passed through to the customer but with a producer designed product‚ more of the costs could fall internally and have a larger affect on profits. The price tag of the product will become a more important objective due to increased
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Throughout the rhetorical analysis writing process‚ I learned different techniques on how to better understand the message being conveyed. This activity allowed me to better understand Critical Thinking‚ and now I can make more clear and reasonable judgments on a topic. I also learned Critical Reading‚ which allows me to not only recognize what is being said‚ but how the topic is being presented. But even with that being understood‚ I still hit some brick walls while writing‚ but I slowly overcame
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understand by the term market planning and its role in marketing of good and services? (b) Discuss the various elements of marketing mix both in case of product and services and their complementary role in effectively marketing the firms offerings. 2. (a) What is STP strategy? The success of product/service largely depends on the effectiveness of proper segmentation by the marketer. Justify by taking two examples of your choice. (b) What is Marketing Research
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beginning of year 2011 (The Nielsen Company‚ 2011). Therefore this report will examine on how Nokia Corporation effectiveness is evaluated in their organisation by applying Balance Scorecard approaches. At the same time‚ a critical analysis of Nokia Corporation current problem will be discuss in detail in certain areas; 1. Matrix Structure 2. Growth of bureaucracy 3. Atypical division management From there‚ suggested solutions will be given in a way to improve Nokia Corporation organisational
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