Learning Log 1 – Chapters 1-2-3: Chapter 1 I was very excited about the first session of the OM course and that was totally justified by the end of this session. This was the step‚ a stimulus towards being a future Business person. And for which it was very vital for me to know how a business organization manages the various processes associated with its goods and services. As a future Operation Manager it’s my responsibility to be cognizant about the know-how of what exactly my roles would then
Premium Project management Management Operations management
Chapter 02 - Economists’ View Of Behavior CHAPTER 2 REVIEW QUESTIONS 2–1. Which costs are pertinent to economic decision making? Which costs are not relevant? The marginal (incremental) costs and benefits are pertinent to economic decision making. Sunk costs and benefits are not relevant. In economics‚ “bygones are forever bygones.” 2-3. The Solace Company has an inventory of steel that it originally purchased for $20‚000. It currently has an offer to sell the steel for $30‚000. Should
Premium Consumer theory Utility
Chapter 6 Key Terms Aspasia A foreign woman resident in Athens (ca. 470-400 B.C.E.) and partner of the statesman Pericles who was famed for her learning and wit. Ban Zhao A Chinese woman writer and court official (45-116 C.E.) whose work provides valuable insight on the position of women in classical China. Brahmins The Indian social class of priests. Caste The system of social organization in India that has evolved over millennia; it is based on an original division of the
Premium Han Dynasty Caste China
scientific claims must rest on both theoretical and empirical support. 1. Ordinary human inquiry—people are naturally inquisitive‚ especially about what the future holds. Therefore‚ we often try to make predictions based on our own observations of the social world. Unfortunately‚ just because we can predict that X will cause Y‚ we may not be able to understand this relationship‚ which is a basic objective for sociologists. 2. Tradition—all cultures are infused with knowledge passed down
Premium Scientific method
CHAPTER I INTRODUCTION Siopao is one of the dish that the Filipinos adopted from the Chinese and it became very popular and a favourite among many Filipino. Siopao is also called Salapao in Thailand‚ Baozi in China‚ Pau in Hongkong‚ or simply known as Steamed buns in English. Siopao is one of the Filipinos favourite snacks or meals. It does not require utensils to eat and it can be consumed on the go. That is one of the reasons Siopao can easily found on the sidewalk at vendors or eatery. Siopao
Premium Starch Potato
CHAPTER I Reasons Why Students Shift Their Degree Courses Background of the Study Decision making‚ according to www.businessdictionary.com‚ is the “thought process of selecting a logical choice from the available options”. When trying to make a good decision‚ a person must weight the positives and negatives of each option‚ and consider all the alternatives. Whether one likes it or not‚ it will always become part of their daily lives. The researcher decided to conduct a research to know why
Premium Decision making Cognition University
Assignment #2 Text Book- read Chapter 2 Trapped Under the Sea – read Chapter 2 Provide a brief answer to the following review questions: Chapter 2 Review Questions 1. Describe the major components of the strategic management process. The Major Components of Strategic management process is environmental scanning‚ strategy formulation‚ strategy implementation‚ and evaluation and control. Environmental scanning is usually used to classify strategic influences that will control the future of the corporation
Premium Management Strategic management Strategy
Chapter 1 Lecture Notes i. Strategy 2. Definition ii. A strategy is a “game plan” that enables a company to attract customers by distinguishing itself from competitors. 1. Customer value propositions iii. Companies that adopt a customer intimacy strategy strive to understand and respond to individual customer needs better than competitors. Examples of companies that pursue this strategy include: Ritz-Carlton‚ Nordstrom‚ and Starbucks. iv. Companies that adopt an operational excellence strategy
Premium Process management Ethics Management
1. Why were the leaders of the American Revolution not content to remain loyal British subjects? The first reason was after the Seven Years War we were no longer depended on Britain for protection against France and Spain. The second was the Stamp Act put in place by Parliament in March of 1765 requiring stamps to be purchased for all envelopes‚ newspapers‚ wills‚ playing cards‚ college degrees‚ marriage licenses‚ and land titles‚ among other things. Violators were subject to trial without
Premium United States Constitution United States Congress
Laws (1) Weakest Laws (13) Strongest Laws (1) Weakest Laws (13) Deans List #1 – Sources of Law (pg.4) 1. Constitutions (+Charters) 2. Statute (+Ordinances) 3. Levels of Government 1. Federal 2. State 3. Local Levels of Government 4. Federal 5. State 6. Local Treaties – only STATE can produce 4. Case Law/Precedent/STARE DECISIS 5. Executive Orders 6. Administrative Rates & Regulations 7. Contracts 8. Levels of Branches 1. Legislative
Premium Common law Jury Law