MC Paper summary 1. Anderson‚ S.W.‚ Christ‚ M.H.‚ Dekker‚ H.C. and K.L Sedatole. (2014). Topic: The use of management controls to mitigate risk in strategic alliances: field and survey evidence. Research question: ‘‘What are the specific alliance risks and how can managers mitigate them with control mechanisms’’? Strategic alliances: involve voluntary collaboration between legally independent firms and‚ as hybrid organizational forms‚ fall along the continuum of arms-length market transactions
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Business Process: Inventory Management EDWARD ROCHA-MARTINEZ (ROCHAMAE) GULSHANVIR SINGH KHAIRA(KHAIRGUL) SARABJIT SINGH (SING2932) RAJVINDER KAUR KANG (KANGRAJV) JASKARAN SINGH GILL (GILL326) April 13‚ 2015 Carlene Blackwood‚ Monday: 10-12PM Company Introduction M&R Security Inc. was created in October of 2014 by Cristhian Martinez and Amy Raad-Martinez. They provide the following services: Automation Monitoring Alarm CCTV Systems Systems Access Control Audio/Video Telecommunications
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Cost Management or Cost Control In broad sense‚ both the terms have the same meaning. Yet cost management seems to connote broader perspective. Cost control to an un-initiated may mean cutting down the incurrence of cost or expenditure every time or in every situation. In reality it is not always so. In many specific situations‚ many times‚ one has to spend or incur cost in order to gain or make more money. It is in fact like an investment. Cost management sounds better then. Profits Making
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1.Which theoretical explanation (or explanations) of FDI best explains CEMEX’s FDI? 1.Internalization theory best explains CEMEX’s FDI because CEMEX entered into many countries and bought domestic cement businesses instead of licensing. CEMEX has a great system and needs to protect it from competitors. 2.What value does CEMEX bring to a host economy? Can you see any potential drawbacks of inward investment by CEMEX in an economy? 1.The value is that CEMEX has a “Midas touch” that transforms a
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THE STRATEGIC MANAGEMENT PROCESS Ford Motor Company‚ facing huge losses and hemorrhaging market share to Toyota and Nissan‚ knew it needed a new strategic plan. Competition was fierce‚ Ford’s costs were higher than competitors’‚ and Ford’s unused plant capacity was draining profits. Ford’s managers devised “The Way Forward.” This new strategic plan entailed closing a dozen plants and terminating 20‚000 employees. As at Ford‚ a strategic plan is the company’s plan for how it will match its internal
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Management Control System is a process of successful implementation of Strategy. It mainly focuses on effective and efficient use of available resources in the organization’s objectives. “MAHABHARATA”‚ the greatest epic of all time teaches us how the meticulous implementation of our learning on Management Control Systems (MCS) helped “PANDAVAS” to win the war over “KAURAVAS” in just 18 days. BACKGROUND:- * “KAURAVAS” were a congregation of big family structure of 100 brothers and close family
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How feedbacks help a team As a member in the group‚ it is important to give feedbacks to others which will increase the effectiveness within the teamwork. What the article tells me is that how to improve the word choice for feedbacks in order to avoid the negative consequences. By using the descriptive words instead of evaluative ones‚ useless anger toward others can be avoided. For instance‚ by point out the problems one have in doing certain task is much better than categorize the person. Furthermore
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“One Artist‚ Finger‚ and Country”: Ai Weiwei’s Fight for Freedom. Figure 1. Tiananmen Square Ai’s View. From The Study of Perspective‚ by Ai Weiwei‚ 1995‚ http://www.emptykingdom.com/featured/ai-weiwei-study-in-perspective/ Ai Weiwei is a world famous Chinese artist that uses his controversial art to portray his strong political and social views. His works such as The Study of Perspective and Dropping China have an underlying political and social meaning used to activate the oppressed people of
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Study Inventory is basically the total amount of goods and materials held in stock by a factory‚ store and other business. An inventory system is a process whereby a business keeps track of the goods and material it has available. In its simplest sense it can be done manually by a count at the end of each day. In this way it is possible to keep a record of the goods coming in to the business and goods being sold. The same case applies in Kuya’s Lumpiang Sariwa and as a result‚ the inventory system
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Disadvantages of Artificial Intelligence Human intelligence involves many skills such as problem solving‚ decision making‚ learning understanding and reflex actions. Many experts in AI have dreamt of creating machines that can imitate our human intelligence. This has led to many possibilities; however‚ the field of AI has to be understood from both sides of the coin. On the one hand‚ artificial intelligence has allowed the design of applications that can explore every part of the world that the
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