“Contract Creation and Management Simulation” Bus Law 531 August 30‚ 2011 Contract Creation and Management SimulationThe simulation shows a confutation between two software-developing companies‚ Span Systems‚ and its customer Citizen-Schwartz AG (C-S)‚ a largeGerman bank. The two companies are in difference of opinion over the quality and timeliness of deliverables. There have been major bugs found by C-S during testing and
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Strategic marketing simulation reflection I was so struggling with making strategies about how to increase the profit margin. It was challenging because it could not be solved by simply offering more discounts to increase the unit sales‚ or by increasing the motor’s price to receive high revenues. Besides those factors‚ the change of profit margin also involved the spending on features and the strength of sales force. Any one of them changed could lead to a significant difference in the change
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Advantages: >Computer simulation can allow you to see how a system might respond before you design or modify it. This avoids mistakes and one can try different ideas before the real product is produced‚ making it cheaper as there is no need to make different prototypes every time and testing them out. Example: It is safer and cheaper to use a model and simulation for some real world objects such as nuclear power plants. >It is an advantage to find this out in a model rather than testing the real
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International Trade Simulation and Report International trade is the exchange of goods‚ capital‚ and services across international borders or territories. In most countries this trade represents a significant share of their (GDP) gross domestic product. This type of trade has political‚ economic‚ and social importance to all nations involved. There are many factors surrounding international trade‚ such as‚ advantages‚ limitations‚ foreign exchange rates‚ and others. As we review these factors‚
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In this simulation‚ our team did an audit process by selecting a base to calculate Planned Materiality. We allocated the Materiality to the relevant accounts and set a Tolerable Misstatement for each account. Then‚ we assessed Audit Risk‚ Inherent Risk‚ and Control risk to derive Detection Risk. As a result of these decisions‚ we derived Sample Size and Sampling Interval‚ and set an Expected Misstatement. We learned that certain accounts have to be audit 100 percent. Some of these accounts are
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Simulation Questions . 1. Define the overall problem(s)/issue(s) your specific role was seeking to negotiate in the simulation. Make sure to integrate concepts of international law when explaining your points. The role I was playing in this simulation was Wai Cheng who is a Chinese diplomat. At the time of the simulation‚ China and Cambodia were close allies as both regimes were communist. Cheng is well acquainted with most of the Khmer Rouge‚ however‚ does not defend Pol Pot and his actions during
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RFSim99 is a free linear S-parameter based circuit simulator offering schematic capture‚ simulation‚ 1 port and 2 port S-parameter display and file support‚ tolerance analysis‚ stability circles‚ and much more.It can cost large sums of money to get a workstation seat at some of the high end simulation and analysis software suites. But the underlying mathematics that these programs use is not secret‚ it is in the public domain and there are low cost or shareware packages that will do the same computations
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presentation. This is Jordan‚ Landon‚ and yen. As you know well‚ the Biz café simulation is to experience the importance business fundamentals by running a coffee shop‚ so we can encounter all the basic elements such as financial statements‚ operations‚ management‚ and marketing to run a business. Even though we did not have enough knowledge of them we have enjoyed this practical learning experience because during the simulation‚ we could find that we have improved our knowledge of vital business
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Calculation of Pi Using the Monte Carlo Method by Eve Andersson Home : Pi : One Calculation ________________________________________ The "Monte Carlo Method" is a method of solving problems using statistics. Given the probability‚ P‚ that an event will occur in certain conditions‚ a computer can be used to generate those conditions repeatedly. The number of times the event occurs divided by the number of times the conditions are generated should be approximately equal to P.
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There was a dilemma regarding sustainable economic development in my company‚ Spectrum Sunglass Company. Due to the request of “green” from Bigmart‚ which was the largest retail customer‚ my company should have decided whether its strategy plan needed to be adjusted. I was the Director of Product Innovation within the R&D unit‚ in addition to being a resolute advocate for reducing the company’s dependence on petrochemical raw materials. However‚ much resistance took place. I had 96 weeks to persuade
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