HKUST MBA Microeconomics Case 1: Medicines Company Case Question 1. For drug administrators‚ their incentive for using the drug is that the drug’s got to make economic sense. Data showed that for more than 4‚300 patients‚ Angiomax was a more superior alternative to Heparin. Also shown in tables b and c that it effectively reduced the incidences of death by 30% ‚ heart attack by 26%‚ need for a repeat angioplasty by 14% and major bleeding by 65% (sum of weighted average between high risk and
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with further details available in the form of case study summaries in Stone‚ 2012)‚ these projects were: • Virtual Scylla (Stone‚ op cit. – Case Study 23; Stone & Guest‚ 2012): two interactive 3D demonstrators developed in collaboration with the National Marine
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CHALLENGES IN A MULTICULTURAL VIRTUAL TEAM When working in a multicultural virtual team‚ there are many challenges that you will most likely come across. Some of the problems that multi-cultural virtual teams experience include: time delays in replies‚ lack of synergy among cross-cultural team members‚ communications breakdowns‚ unresolved conflicts among members‚ limited hours allowed to be worked and different holidays. Multicultural teams often generate frustrating management dilemmas. Cultural
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Fareast Islami Life Insurance Co. Ltd. emerged as the 1st full-fledged Islami Life Insurance Company in the country in 2000 and has‚ by the grace of Almighty Allah‚ been able to bring confidence among the common people of the country. As a result‚ in 2010 the Company has earned a total premium of Tk. 651.36 crore showing an increase of 3.2% over the previous year which is no doubt a remarkable achievement. Last year they had taken a holistic approach in doing business‚ with focus on quality customer
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Constellation assignment CONSTELLATION: LEO 1. Date and Time: Wednesday March 28th‚ 2012 at 9:40pm 2. Weather Conditions: 6 degrees‚ variably cloudy‚ wind speed: 24kmh 3. Camera Settings/Yes or No if tripod was used: No tripod was used‚ long shutter‚ ISO 1600‚ cloudy‚ vivid 4. Digital Camera: Canon Power Shot (12.1 megapixels) 5. Exposure Time: 15 seconds 6. Altitude of the constellation in the sky: Declination at 15 degrees and visible at latitudes between +90 degrees and
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Tiffany Case Study Introduction Tiffany was founded in September 18‚ 1837 and for about 170 years‚ the brand has been successfully opening several stores and establishing the brand as the top place to buy fine jewelry of high quality. The brand has been dedicated to provide their customers with original designs as well as the ultimate in-store experience. They know that their customers expect nothing less than top quality in jewelry and services and Tiffany’s has done just that for
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Executive Summary This case study reviews the effectiveness of self manage teams in Levi Strauss & Co. The self manage teams were not performing and was facing problems such as low morale‚ high overhead cost and decrease in efficiency. The problems were analysed to determine the causes. The causes were insufficient training; poor management commitment; unclear objectives; poor strategy and implementation plan. Solutions were then brainstormed for the above causes‚ which are; - Establish a
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COURT OF APPEAL Slater v Clay Cross Co Ltd [1956] 2 QB 264 Full text 17 May 1956 DENNING LJ: In Derbyshire there has been for well over a hundred years a railway line owned by the defendants. We were told that George Stephenson himself made it. The defendants use it so as to carry limestone from their quarries at Crich down to Ambergate. It is a small gauge line‚ only three feet‚ three inches wide‚ and is 2 1/2 miles long. On that small line there are two tunnels. One of them‚ with which we
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cooperation of senior management in the implementation of the plan. Mr. Nakamura ’s plan will fail if he never got the full cooperation of the whole management team of MEI. To get the cooperation‚ he must be able to get management to fully understand and believe in the principles of his plans‚ as the senior management team will serve as the implementers of the plan. They will also be the one who will drive the employees to the direction that they want to go. With management being clear with one
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environment is changing. The emergency of virtual work has been reflected in some companies’ new work policy. For example‚ Jetblue Airlines has changed its working conditions and established a virtual call centre where employees can work from home without a central office. Despite the technology advancement that enables virtual working‚ the amount of people adopting this new working pattern is still very low. This report will explore the nature of virtual work and analyse the barriers of adopting
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