and Government-set Prices A. Short-Answer‚ Essays‚ and Problems New 1. The president of a toy company asks you for advice about whether the company should cut the price of its best-selling doll this year based on the following information: last year the company cut the price of its best-selling doll by 10% and the total revenues from doll sales increased by 10%. New 2. The owner of a health club asks you for advice about whether the company should raise the price of its membership
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GTZ READER: Knowledge Management and Knowledge Systems for Rural Development Knowledge Management and Knowledge Systems for Rural Development By: C. G. Hess‚ Consultant‚ mail@carmen-hess.de; May 2006 In: READER: GTZ Knowledge Management. GTZ Sector Project Knowledge Systems in Rural Development‚ www.gtz.de/agriservice Introduction Knowledge Management Knowledge Management (KM) is a relatively novel management concept. It has been pushed by the rapid developments of Information and Communication
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KNOWLEDGE MANAGEMENT Knowledge management is a process of transforming information and intellectual assets into enduring value. Knowledge Management has two type: 1. Tacit Knowledge Highly personal‚ means the knowledge is unrecorded and unarticulated and it’s hard to formalized and therefore difficult‚ if not sometimes impossible to communicate. 2. Explicit Knowledge Formal and systematic‚ and can be easily to communicated and share‚ for example in a book or a database in a library. Knowledge
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shows the price of aluminium over the past six years. It can be seen from Figure 1 that the price of aluminium has fluctuated a great deal during this period. For example: between July 2008 and February 2009 the price fell by 57%; in August 2009 alone the price rose by 16%. In an essay of 1500 words or fewer‚ use economic analysis to explain changes in the price of aluminium over the period shown in Figure 1 and why the price fluctuations have been so great. Figure 1: The monthly LME spot price for aluminium
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The price elasticity of demand (PED) is “a measure of how much the quantity demanded of a good responds to a change in price of the good” (Mankiw 2007‚ p.90). It is a form of measure to determine how willing consumers are to move away from the good as the price of the good rises. Most of the time‚ there are factors that determines the PED‚ such as availability of close substitutes‚ necessities versus luxuries‚ definition of the market and time horizon. In order to calculate the PED‚ a formula is
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KNOWLEDGE MANAGEMENT ASSIGNMENT Submitted by:- Article-1:- The five-tier knowledge management Hierarchy Richard C. Hicks‚ Ronald Dattero and Stuart D. Galup Abstract of the Article:- Purpose – Many terms commonly used in the field of knowledge management (KM) have multiple uses and sometimes conflicting definitions because they are adapted from other research streams. Discussions of the various hierarchies of data‚ information‚ knowledge‚ and other related terms‚ although
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Price discrimination Price discrimination is the practice of selling the same product at different prices to different customers‚ when there is no difference in the cost to produce the product. Price discrimination is done to maximize profits. This occurs when market prices are set differently to different buyers‚ according to the willingness of each buyer to pay (demand curve) rather than setting a uniform price. It can be seen in the image below how if the seller kept the uniform price of Africa’s
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detailed coverage of knowledge management concepts and methodologies which includes knowledge creation‚ knowledge architecture‚ and knowledge codification. The knowledge management tools and knowledge portals as well as the notions of knowledge transfer in the E-world are discussed. Aims The aims of this unit include the broad understanding of the following areas of Knowledge Management Systems: • Knowledge Management Systems Life Cycle. • Knowledge Creation and Knowledge Architecture. • Capturing
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Knowledge Management on Air Quality Case Studies Knowledge Management on Air Quality Case Studies © 2010 Asian Development Bank and Clean Air Initiative for Asian Cities Center (CAI–Asia Center) All rights reserved. Published 2010. ISBN 978-92-9092Publication Stock No. RPT102406 Asian Development Bank and CAI–Asia Center. Knowledge management on air quality: Case studies. Mandaluyong City‚ Philippines: Asian Development Bank and CAI–Asia Center‚ 2010. 1. Knowledge management.
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Carnal knowledge: The sex and debate By Molly Masland Soaring rates of sexually transmitted diseases among teens are adding urgency to the debate over sex education. Conservatives claim the alarming statistics illustrate why abstinence should be the single mantra when it comes to sex ed. Liberals counter that the increase in disease is the strongest case for more detailed information. Caught in the middle are America’s kids‚ who are more vulnerable than ever to potentially deadly diseases. In
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