Please describe the factors that have most influenced you and your hopes and dreams. How have they shaped you? I come from the bustling capital city of Kathmandu‚ located in the tiny Himalayan nation of Nepal in South Asia. Home to the tallest mountain in the world‚ Mount Everest and wedged between two giant economies‚ India and China‚ I was born and raised in a middleclass family. Although I moved to Hawaii in 2007 for my father’s PhD at the University of Hawaii‚ I returned to Nepal in 2012. Seeing
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the study of microeconomics focuses on the factors and decisions that people and business make based on resources‚ prices‚ goods and services‚ the study of macroeconomics‚ takes a broader approach such as the nations’ economy or the GDP. Nevertheless‚ both micro- and macroeconomics provide fundamental tools when studying the economy. This paper will discuss the examples of the supply and demand curves as they were presented in the simulation. In addition‚ factors affecting these curves such as changes
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The phases of OR are 1 Observe the problem environment 2 Analyse and define the problem 3 Develop a model 4 Selection of data input 5 solution and testing 6 Implementation of the solution In detail Step I. Observe the Problem Environment The first step of OR study is the observation of the environment in which the problem exists. The activities that constitute this step are visits‚ conferences‚ observations‚ research etc. with the help of such activities‚ the OR analyst gets sufficient
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Describe when your own expectations influenced your attributions about another person. The person in which my personal expectations influenced my attributions goes by the name of David Buster. Mr. Buster was a director with my current employer when he hired me as a supervisor. I worked for David for two years before he retired and I moved on to my current position as manager. He offered me my first opportunity in management when I had no managerial experience‚ and prepared me to be the executive
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I volunteered to be an observer for the Everest Simulation‚ and I learned a lot by observing participants interact with one another. As I walked around each group‚ I quickly realized that I wasn’t going to learn as much about the simulation by observing each group; I had to focus on one team and observe their work. As a result‚ I watched one team and learned many important management skills‚ such as leadership‚ planning and controlling‚ setting team and individual goals‚ and communication. The
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Supply and Demand Simulation The University of Phoenix online simulation entitled "Applying Supply and Demand Concepts" starts with the description of a fictional small town‚ Atlantis‚ and the rental market for two bedroom rental apartments. Below we will discuss the key points of supply and demand covered in the simulation‚ and by David Colander in the Book Economics‚ along with real world examples and results for the simulation. In this simulation the reader is a property manager for GoodLife
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during this quarter. Each KPI category was improved‚ yet there is still room for improvement. During quarter 3‚ $396‚500 was spend resulting in a balance of $388‚500 available for the final quarter. Our team continued to focus on our initial three decision factors‚ however we also decided to invest a little extra money in selection. Beginning with training‚ our team eliminated the employee handbook and continued to focus our efforts on our mentorship program. This decision has led to an increase
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Supply and Demand Simulation Summary University of Phoenix ECO360‚ Economics for Business I The Supply/Demand simulation involves acting as property manager for GoodLife Management in the fictional town of Atlantis. GoodLife Management manages seven apartment complexes in Atlantis. The property manager is expected to adjust the monthly rental rate of two-bed rental apartments and the quantity of apartments supplied based on the market trends. Factors that influence the supply and demand
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Details Biocon who have successfully done the phase 2 trial of their new Cancer drug – Biomab are the first Indian company who have got break through success in the field of Head and neck Cancer drug. They still had to get their phase 3 trial done (which looks like a market norm‚ though not a legal requirement). Erbitux which was developed by Imclone Systems in US had granted license to Merck to distribute the drug to India. Erbitux had already done 3 phase trial and they have got approval from European
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Achievement Results Scenario 1 The problem for this client is more then just about his grades or his SAT scores. The client plans on attending Yale where his parents attended‚ but is worried about his SAT scores being high enough to get accepted. He is concerned about earning anything less then almost perfect grades and is worried about disappointing his parents by not getting accepted into Yale and graduating. It is obvious that the client wants to do well at things‚ but his reasonings for
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