Managerial Economics and Economics Managerial Economics has been described as economics applied to decision making. It may be viewed as a special branch of economics bridging the gulf between pure economic theory and managerial practice. Economics has two main divisions :- (i) Microeconomics and (ii) Macroeconomics. Microeconomics has been defined as that branch of economics where the unit of study is an individual or a firm. Macroeconomics‚ on the other hand‚ is aggregate in character and has
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MANAGEMENT ACTION PLAN Task Priority Assigned To Target Date Completion Date Comments Speaker Notes: The Management Action Plan (MAP) provides hospital executive management with criteria for appointing leadership in the Team Leads Program. The MAP further serves to document team leader decisions and to provide a forum for assigning responsibility within each department. The MAP will include target dates and completion dates for measuring progress
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development of a comprehensive emergency action plan (EOP) (Developing and Maintaining Emergency Operations Plans‚ 2010‚ Chapter 4). EOPs are developed by a team of stakeholders involved in the entity creating the plan. Plans can include municipalities as a whole‚ or agencies within the municipality‚ public safety organizations‚ critical infrastructure and private organizations. Essentially‚ any organization that may face a disaster is encouraged to create a plan detailing how they will prepare for
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Managerial Roles Managers must wear many different hats in formulating and implementing task activities related to their positions. In an attempt to understand the diversity of hats managers must wear‚ Henry Mintzberg examined managerial activities on a daily basis. His study enabled him to identify ten different but‚ coordinated sets of behavior‚ or roles‚ that manager assume. These ten roles can be separated into three general groupings: interpersonal roles‚ informational roles‚ and decisional
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CONTRACTS Stages in the life of a contract: 1. Preparation/Generation 2. Perfection/Birth 3. Consummation/Death Characteristics of Contracts: (ROMA) 1. Relativity (Art. 1311) 2. Obligatoriness & Consensuality (Art. 1315) 3. Mutuality (Art. 1308) 4. Autonomy (Art. 1306) Stipulation pour Autrui - stipulation in favor of a 3rd party. Requisites: 1. The stipulation must be part‚ not whole of the contract; 2. the contracting parties must have clearly and deliberately conferred
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LEARNING TO STIMULATE ACTIVE LEARNING IN CLASSROOM SETTINGS: AN ACTION RESEARCH PROJECT by Norazman bin Zakaria ‚ Lenggeng‚ Negeri Sembilan Darul Khusus. ------------------------------------------------- 1. ABSTRAC Learning has to be active so that students can make connections between what they already know and what they are about to learn. Yet many students come to class assuming a passive mindset. Teachers‚ on the other hand‚ tend to continue to reinforce learning as a spectator
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CONTRACT LAW- EXAM NOTES What is a contract? An oral or written agreement between two or more parties which is enforceable by law. This agreement ‘will be legally binding if certain criteria are met – briefly‚ they require that there be an agreement (comprising an offer and acceptance)‚ consideration‚ intention to create legal relations‚ compliance with any formalities required by law and that the parties have the legal capacity to contract’1 What is the purpose of contract law
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Classification of Contracts (7 – 1.30) Simple and formal contracts A formal contract is a written contract (such as a deed). A simple contract can be entirely orally or a combination of oral and written. Bilateral Contract: exchange of promise – one promise for another (a promisee’s promise in return for the promisor’s promise or vice versa) o Union Dominions Trust (Commercial) Ltd v Eagle Aircraft Services Ltd [1968] 1 All ER 104 at 108‚ Lord Diplock Unilateral Contract: A one way
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Topic: It’s all in mind: Placebo Theory Objective: To inform readers what is Placebo and its effect on the person. Outline: I. Introduction II. Definitions‚ effects‚ and ethics III. History IV. Mechanism of the effect a. Expectancy and conditioning b. Placebo effect and the brain c. Brain and body d. Evolved health regulation V. Clinical utility a. Duration b. Clinical significance c. Negative effects d. Doctor-patient
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Personal Learning Plan Mansi Patel Student# 4948881 Submitted in partial fulfillment of the requirements for ADED1P31 Foundations of Adult Education Bachelor of Education/Certificate in Adult Education Program Centre for Adult Education and Community Outreach Faculty of Education Brock University St. Catharine‚ Ontario Barbara A Smith‚ PhD. July 8‚ 2013 My Goal As humans we set goals in life that we want to achieve and these goals can be about anything such as‚ a career or
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