Technical skills Technical skills is the specific knowledge and techniques required to perform an organizational role. Skills reflect both an understanding of and a proficiency in a specialized field. A manager may have technical skills in a specialized field such as accounting‚ finance‚ computer science… etc. for example‚ an account payable manager must be proficient in accounting rules and procedures so that he can resolve problems and answer questions related to accounting. Human Skills
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The Great Gatsby In the novel‚ The Great Gatsby‚ the eyes of Dr. T.J. Eckleburg represents god‚ the all seeing and all knowing god‚ which society‚ cannot fool. George Wilson believes that the advertisement’s eyes are the eyes of god. “I spoke to her‚” he muttered‚ after a long silence. “I told her she might fool me but she couldn’t fool God. I took her to her to the window‚ and I said ‘God knows what you’ve been doing everything you’ve
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P7.6 Optimal Input Mix. The First National Bank received 3‚000 inquiries following the latest advertisement describing its 30-month IRA accounts in the Boston World‚ a local newspaper. The most recent ad in a similar advertising campaign in Massachusetts Business‚ a regional business magazine‚ generated 1‚000 inquiries. Each newspaper ad costs $500‚ whereas each magazine ad costs $125. A. Assuming that additional ads would generate similar response rates‚ is the bank running an optimal mix of newspaper
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ancestors created revolution of rising expectations. (Carroll and Buchholtz‚ 2012) 4. Give an example of each of the four levels of power discussed in this chapter. Also‚ give an example of each of the spheres of business power. The four levels of corporate power includes macro‚ intermediate‚ micro‚ and individual. The macro level encompasses the entire corporate system i.e‚ total businesses. An example is that corporation’s ability to please Congress to pass the necessary laws for their effective
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Chapter7&8 discussion questions CHAPTER 7 Discussion Questions : #2. Why is there a trend toward cross-functional integrated enterprise systems in business? Due to positive turnout of many businesses‚ cross-functional integrated systems is not only becoming a trend but will be here to stay. The whole system provides savings from time‚ cost and quality compared to manually re-entering of data from one business function system into another system especially if it is still on a non-integrated
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1. Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon. Ans: Inflation: In economics‚ inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. It can be defined as too much money chasing too few goods. When the general price
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9‚ PMT = 80‚ FV = 1000‚ Solve for PV = $928.39 (5–2) Yield to Maturity for Annual Payments Wilson Wonders’s bonds have 12 years remaining to maturity. Interest is paid annually‚ the bonds have a $1‚000 par value‚ and the coupon interest rate is 10%. The bonds sell at a price of $850. What is their yield to maturity? .12475 or 12.48% Calculator solution: Input N = 12‚ PV = -850‚ PMT = 100‚ FV = 1000‚ and solve for I = rd = %. Or Yield to maturity (financial) calculator. | Sources: http://www
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Slide 1 Group A group in the workplace usually comprises three or more people who recognize themselves as a distinct unit or department‚ but who actually work independently of each other to achieve their organizational goals. For example‚ a small business may have a client services group‚ but one person may focus on local clients‚ one person may focus on regional clients and a third person may assist those individuals. Also‚ groups tend to be permanent fixtures with ongoing goals or responsibilities
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About a boy A novel written by Nick Hornby. It’s a tragicomically book. It’s a funny story written in an entertaining way but in the same time it describes some peoples quite tragically destinies. There is the hippie inspired mother‚ Fiona‚ who is depressed and "trying to take her life"‚ her 12 years old son Marcus‚ trying to live a normal life but always feels like an outsider because of his weird mother‚ Will a 36 years old teenager‚ a rootless man spending his life doing nothing respectable.
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systems. How does management decide whether to use a job order cost system or a process cost system in any given manufacturing situation? Explain. Job order cost system is used in situations where many different products are produced each period. For example‚ a Levi Strauss clothing factory would typically make many different types of jeans for both men and women during a month. A particular order might consist of 1‚000 stonewashed men’s blue denim jeans‚ style number A312. This order of 1‚000 jeans is
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