Q3) Buy-Grid model? Why is it important in decision making? What is the indication? Supplier Evaluation An important job of the purchasing agent is to evaluate potential suppliers and their offerings. The effects of purchasing on a firm’s competitive ability are great‚ so companies pay close attention to how they evaluate suppliers. Marketers must also understand the process‚ for them the ones being evaluated. Understand the process is like understand the rules of any games; if you don’t know how
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From Novice to Expert Patricia E. Benner This page was last updated on September 16‚ 2011 Introduction •Dr Patricia Benner introduced the concept that expert nurses develop skills and understanding of patient care over time through a sound educational base as well as a multitude of experiences. •She proposed that one could gain knowledge and skills ("knowing how") without ever learning the theory ("knowing that"). •She further explains that the development of knowledge in applied
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and struck a deal. In the case of Kim v. Son‚ there is no consideration. There was no bargain exchanged between the two parties. Son felt guilty over Kim’s losses and thus offered a gratuitous gesture to repay Kim. This gesture is not enforceable in court. Since Son and Kim did not bargain for it‚ there is no contract‚ and Son does not owe Kim any money. It was only after Son wrote on a napkin in his own blood to repay Kim back “to the best of his ability” that Kim agreed to forbear his right to sue
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Kimberly Mindell Cell: 507-217-9313 Monsterbaby2421@gmail.com Professional summary Friendly sales associate adept at working in diverse retail and customer service environments. Motivated customer service specialist with over 2 years retail experience in a fast-paced‚ team-based environment. Talented Sales Associate effective at multi-tasking and maintaining a friendly attitude under pressure. Efficiently builds loyalty and long-term relationships with customers while consistently achieving individual
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Grid Organization Development One of the most structured and popular organization wise interventions programs in OD is Grid OD‚ developed by psychologist Robert Blake and Jane Mouton (1964‚1969) This approach to OD emphasizes the importance of both helping managers become more effective and systematically creating and ideal strategic model to guide organizational planning and actions. This OD intervention uses a variety of specially designed diagnostic instruments that enable individuals
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Competitive Pricing Strategies Part 1 The role of pricing is the second important thing after the product. Pricing is used to attract customers and is often manipulated by the industry concerned or by competitors. Items which are in demand can have their prices inflated as people will not hesitate to pay higher prices as they are seeking these products. These items are often not worth the prices being demanded but due to branding and advertising‚ consumers will pay whatever price is being asked
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EI2435 Faults and Transients on Transmission Lines Wang Wei weiwan@kth.se 1/12/2011 1. Introduction Project 1 is about fault currents and transients on transmission lines that may occur due a lightning strike to an overhead line. In this case the transmission line is energized from one side and it’s other side is terminated in a Gas Insulated Substation‚ see Fig. 1. Several issues will be investigated from this system such as transient overvoltages and short-circuit currents. Fig.1 Transmission
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Source to an Organisation. Purchase department buys Raw Materials‚ Spare parts‚ services etc. as Required by the company or Organisation. Purchase management is One of the most Crucial Area of the Entire Organisation. Thus‚ Needs Intensive management. Purchase is the Main Activity in Area of Material management. Purchasing management is a department in an organization responsible for purchasing activities. Purchase is Most Important Function in any Organisation. Purchase is the first element which
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Louisiana Purchase On April 30‚1803 the Louisiana territory‚ which was a third of the land for the new nation we call America‚ was purchased from France for fifteen million dollars. This helped fund Napoleon’s war against Great Britain. Thomas Jefferson made this decision because Jefferson did not want any other nation ruling in that territory‚ because Jefferson did not want to feel threatened with natives from the new land and France trying to take over America. Another reason for this decision was
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rental in operating condition. The main goal of a capital purchase is that the lifetime of that product will extend beyond the year of purchase. After purchased the product is called a capital asset. Capital assets are all tangible property which cannot easily be converted into cash and which is usually held for a long period‚ including real estate‚ equipment‚ etc. (Finkler‚ Kovner‚ Jones‚ 2007). Capital assets and money used to purchase such items are treated differently than that of the operating
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