3–1. The members of a truss are pin connected at joint O. Determine the magnitudes of F1 and F2 for equilibrium. Set u = 60°. y 5 kN F2 70Њ 30Њ x SOLUTION + : ©Fx = 0; O F2 sin 70° + F1 cos 60° - 5 cos 30° - 4 (7) = 0 5 5 3 4 0.9397F2 + 0.5F1 = 9.930 7 kN + c ©Fy = 0; u 3 F2 cos 70° + 5 sin 30° - F1 sin 60° - (7) = 0 5 F1 Solving: T an his th d wo sa eir is p rk w le co ro is ill o u vi pr de f a rse de ot st ny s d s ec ro p an
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CREATING SHARED VALUE For many years leading up to today‚ profit seeking enterprises have been viewed as a major cause of problems in the society and are believed to prosper at the expense of the community. The legitimacy of businesses has fallen and this diminished trust has led politicians to impose tougher restrictions on businesses that cause them to be uncompetitive. The problem lies in the fact that businesses continue to be short sighted in their approach to growth. They continue to look
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13. Organizational Change Understanding Key Concept l Change agents are people who take action to change the behavior of people and systems. l Unplanned change occurs spontaneously and without a change agent’s direction. l Planned change is intentional and occurs with a change agent’s direction. l Unfreezing is the stage at which a situation is prepared for change. l Changing is the stage in which specific actions are taken to create change. l Refreezing is the stage in which changes are
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Creating Shared Value In the article creating shared value the authors‚ M. Kramer and M. Porter discuss the current state of business value creation; and the efforts that need to be taken to create shared values. Currently businesses primarily concern themselves with profits and view value creation in such a way that they do not fully take advantage of their full potential. Additionally‚ the government has implemented policies that have only exasperated the drive from shared value creation. “Shared
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Chapter 13 Inventory Management Answers to Discussion and Review Questions 1. Inventories are held (1) to take advantage of price discounts‚ (2) to take advantage of economic lot sizes‚ (3) to provide a certain level of customer service‚ and (4) because production requires some in-process inventory. 2. Effective inventory management requires (1) cost information‚ information on demand and lead time (amounts and variabilities)‚ an accounting system‚ and a priority system (e.g.‚ A-B-C)
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COMPETENCIES "We can ’t achieve our strategic objectives without a work force of people who are immersed in the same commitment as management. Our only sustainable advantage is the quality of our workforce. We ’re building a national retail company by creating pride in--and a stake in--the outcome of our labor." --Howard Schultz Founder and CEO of Starbucks According to this statement‚ the human resource is the number one resource in Starbucks Corporation. Schultz believes that happy employees
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Probability 0.35 0.05 0.20 0.40 1.00 Return 5% 5% 10% 3% Expected return Weighted Value 1.75% 0.25% 2.0% 1.2% 4.70% E8-3. Comparing the risk of two investments Answer: CV1 0.10 0.15 0.6667 CV2 0.05 0.12 0.4167 Based solely on standard deviations‚ Investment 2 has lower risk than Investment 1. Based on coefficients of variation‚ Investment 2 is still less risky than Investment 1. Since the two investments have different expected returns‚ using the coefficient of variation to assess risk
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1‚ 1964‚ known as Hilton International Co.. It was acquired in 1967 by Trans World Corp.‚ the holding company for Trans World Airlines. In 1986 it was sold to UAL Corp.‚ the holding company for United Airlines‚ which became Allegis Corp. in an attempt to re-incarnate itself as a full-service travel company encompassing Westin Hotels and Hertz rental cars in addition to Hilton International and United Airlines. In 1987 after a corporate putsch‚ the renamed UAL Corp. sold Hilton International to Ladbroke
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Chapter 13. Pricing concepts for establishing value Price – the overall sacrifice a consumer is willing to make to acquire a specific product or service. This sacrifice necessarily includes the money that must be paid to the seller to acquire the item‚ but it also may involve other sacrifices‚ whether nonmonetary‚ like the value of the time necessary to acquire the product or service‚ or monetary‚ like travel costs‚ taxes‚ shipping costs‚ and so forth‚ all of which the buyer must give up to take
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Warren Buffett: a) From Warren Buffett’s perspective‚ what is the intrinsic value? According to Warren Buffett’s perspective‚ the intrinsic value is defined as “the present value of future expected performance” (Bruner‚ Eades‚&Schill‚ 6th 2010). Why is it accorded such importance? It can be used to estimate the value of the business’ ongoing operations‚ not company’s stock. How is it estimated? The intrinsic value is very subjective‚ but he stated that “it is better to be approximately right
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