Storytelling (Synetics) Using Stories to Inspire ------------------------------------------------- Executive Summary Most people have been conditioned to believe that business communication must be clear‚ rational‚ and objective‚ with no place for emotion or subjective thinking. Yet the most powerful‚ persuasive communication has a human element. Often delivered in a simply and personally through the telling of stories. The main goal of this document is show how to use personal stories
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Calculating generator reactancesPower topic #6008 | Technical information from Cummins Power Generation Calculating generator reactances > White paper By Timothy A. Loehlein‚ Technical Specialist-Electrical Generator reactances are used for two distinctly different purposes. One use is to calculate the flow of symmetrical short circuit current in coordination studies. A second use for generator reactances are in specifications that limit the sub-transient reactance to 12% or less in order
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Price Elasticity: Price Elasticity is used to explain the degree of responsiveness of the demand for a product to a change in its price. Ep=Percentage change in quality demanded/Percentage change in price (Ep=Price Elasticity) Practical applications of Price Elasticity: 1) Helps in fixing the prices of different goods: It helps a producer to fix the price of his product. A higher price is charged if the demand for the product is inelastic and a lower price is charged if the demand for the product
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Price elasticity of demand is the measurement of how responsive a good or service is demanded based on a percentage change in price. It is calculated by dividing the percentage change in the quantity demanded by the percentage change in the price of the good or service. There are many factors that the price elasticity of demand that are considered such as ranges‚ determinants and relationships with revenue. Price elasticity of demand has three ranges when determined. The first is elastic demand
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ELASTIC DEMAND Demand is elastic when the percentage change in the quantity demanded is greater than the percentage change in the price‚ i.e. when: Percentage change in the quantity demanded > 1 Percentage change in the price Example A fall in the price of cotton in Antigua and Barbuda from $20 to $18 causes the quantity demanded to increase from units to 150 units In the figure above‚ the price range $20 to $18‚ demand is elastic. Percentage change in the quantity
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Problem Based Learning (PBL) project for MS1381 – Part 1 ________________________________________________________________________ Instructions to Students (a) Please form groups of 2 or 3. (b) There are 2 parts to this project. This is part 1. Part 2 will be released later. (b) The PBL project constitutes 10% of your overall assessment. (c) Analyze and work out the whole problem together as a group. (d) Each group must submit 1 written group report and 1 progress report for part 1 of this project
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A. Discuss elasticity of demand as it pertains to elastic‚ unit‚ and inelastic demand. Elasticity of demand is gauged by the percentage of change in demand when the price of an item varies. If the change in the quantity demanded is greater than 1 the demand is elastic. Elasticity of demand is calculated by ED=quantity demanded/decrease in price. If you reduce the price of milk by 6%‚ and that causes an increase of quantity demanded by 9% the demand for milk is elastic (ED= .09/.06 = 1.5).
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In this article the influence of the important resistance spot welding process parameters on the shear-tensile strength of the welded joints of Inconel alloy 625 was investigated. Experimental study using full factorial design of the welding current‚ welding time‚ and electrode force parameters was conducted. In order to identify the influence of each parameter and their interaction a general linear model and a second order model using response surface method was developed. Nonlinear correlation
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www.ccsenet.org/ijms International Journal of Marketing Studies Vol. 4‚ No. 3; June 2012 Korean TV Soap Operas in Taiwan: An Investigation of Consumers’ Clothing Purchase Behavior Hsiu-Ju Hsu Department of Fashion Design and Management‚ National Pingtung University of Science and Technology No. 1 Shuehfu Rd.‚ Neipu‚ Pingtung 912‚ Taiwan‚ R.O.C. E-mail: hsu@mail.npust.edu.tw Received: February 15‚ 2012 doi:10.5539/ijms.v4n3p16 Abstract In a recent trend‚ Korean TV soap operas have become extremely
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Chapter 4 2. Why do economists use percentages rather than absolute amounts in measuring the responsiveness of consumers to changes in price? Why do economists use percentages rather than absolute amounts in measuring the responsiveness of consumers to changes in price? Economists use percentages rather than absolute amounts for two different reasons. The first reason for using percentages rather than absolute amounts has to do with the affect a particular amount can have on demand.
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