’ Definitions : Opportunity cost : Sunk cost : has already been lost an cannot be changed. focus on what happened ‚ we cannot make a good decision. Make the mistake of taking the sunk cost to make a decision. Transfering a mistake on a new decision. Should forget about the sunk cost and find a solution to focus on a main objective like succeeding an exam. We shold not keep building on the mistake Incremental or differencial cost: When we make on a decision we need focus on what will be different
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INTRODUCTION That I had chosen is Tun Dr. Mahathir bin Mohamad which is our Malaysian fourth Prime Minister of Malaysia. He is one of a good Malaysian politic leader. He held the post for 22 years from 1981 to 2003‚ making him Malaysia’s longest serving Prime Minister. His political career spanned almost 40 years. Born and raised in Alor Setar‚ Kedah‚ Mahathir excelled at school and became a medical doctor. He became active in the United Malays National Organisation (UMNO)‚ Malaysia’s largest
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An Important Leader Mahatma Gandhi‚ Vladimir Lenin‚ Winston Churchill‚ the Roosevelts‚ Mao Zedong‚ John Kennedy‚ Margaret Thatcher‚ Fidel Castro‚ Martin Luther King... There is a long list of the names of people who was making history during their lives. I would like to mention another important leader‚ whose policy is differently considered. He is Joseph Stalin. There are contradictory opinions on what he was like but there is no doubt he was a great leader. One of the main reasons for thinking
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nation’s attention should be invited to Sardar Patel’s concrete and constructive contribution in various areas of Indian polity and administration. Sardar Patelji‚ the first Home Minister of free India‚ was a remarkable personality and he is my favourite leader for his innumerable qualities. There is no one in modern India who has achieved so much in so many directions and in such a short time as Sardar Patel. At the time of his death‚ the Manchester Guardian wrote that without Patel‚ Gandhiji’s ideas would
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Effective Leader Essay On the island of Hawaii there was a warrior that changed the history of hawaii by becoming the first ruler of all the islands. His name is was Kamehameha. He was a very skilled person in almost all the ali’i subjects and he was kind and and wise person. Kamehameha had trouble growing up as a child because many people thought that he would kill all the chiefs because when his mother was pregnant she started craving for a tiger sharks eye. Luckily the prophecy was thrown out
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1. Basically‚ I think the most important skill that one needs to be a good Peer Leader is the ability to influence others‚ but there are other characteristics one needs to have to be an effective Peer Leader. In order to be influential‚ you need to have the ability to communicate well with others. Without the ability to talk to others‚ how is it possible to influence and direct others in the right direction? I’m a person that has the ability to engage with others easily‚ so communicating about what’s
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During the 1865-1900 time period‚ Industrialization had many great “leaders.” These leaders achieved the great challenge of booming the growth of industries and the economy of the United States and also fueled the United States to become the leading industrial power in the world. As historians have reviewed the achievements of these leaders‚ people have been questioning how honest the fortunes of these leaders were. They questioned the tactics of Rockefeller‚ Morgan‚ and Carnegie. The main question
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Nursing leaders are crucial to any nursing organization. They motivate‚ empower‚ influence‚ and communicate the organization’s vision to create change within the organization. Respectable nursing depends on noble nursing leaders. This paper will highlight Florence Nightingale nursing leadership and describe her leadership characteristics. It will further depict the democratic style Florence Nightingale utilized throughout her career. Florence Nightingale was not only a nurse‚ she was a researcher
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experience will be more effective What is the Leader-member exhange (LMX) theory? Small ingroup of individuals - because of time pressures‚ leaders establish a special relationship with a small group of their followers. These individuals make up the ingroup—they are trusted‚ get a disproportionate amount of the leader’s attention‚ and are more likely to receive special privileges. What is the Fiedler Contingency Model? proposes that effective group performance depends on the proper match between
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© Copyrights 2013 APSS. All Rights Reserved © Copyrights 2013 APSS. All Rights Reserved. 2 Three men are guessing the color of a horse… A: I guess it’s not black. B: It’s either brown or gray. C: I know it’s brown. How many animals of each species did Moses take with him in the Ark? At least one of them is right and at least one of them is wrong. What is the color of the horse? © Copyrights 2013 APSS. All Rights Reserved 3 How to draw a star by using five straight
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