’ Definitions : Opportunity cost : Sunk cost : has already been lost an cannot be changed. focus on what happened ‚ we cannot make a good decision. Make the mistake of taking the sunk cost to make a decision. Transfering a mistake on a new decision. Should forget about the sunk cost and find a solution to focus on a main objective like succeeding an exam. We shold not keep building on the mistake Incremental or differencial cost: When we make on a decision we need focus on what will be different
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“What are the greatest lessons learned by Filipinos from their colonial experiences? Explain?” Being brave‚ well-disciplined‚ helpful and also love for their country are some of the lessons they had learned. They fight for their own freedom. They not allow their selves to be under controlled by other races. They learned to love their country because if they will allow it to be conquered‚ they will lose their own home. They will be slaves forever. Filipinos learned to be strong‚ not to give up
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Characteristics of a Good Leader Becoming a leader is not as easy as it seems. It requires an accurate unification of a leadership characteristics and leadership skills. Not only leadership characteristics and skills are required‚ but there are also traits that a good leader should have. “If your actions create a legacy that inspires others to dream more‚ learn more‚ do more and become more‚ then‚ you are an excellent leader”‚ once Dolly Parton says about a good leader. Also‚ as what John C. Maxwell
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15 Oct 2009 Sample Essay: 7 Wonders of the Ancient World Introduction The seven wonders of the ancient world is a list of very important buildings a great Greek historian called Herodotus wrote‚ over two thousand years ago. They are seven because he only wrote about the greatest structures he knew‚ he did not know much Asia and the Americas. People have always felt the need to create lists. Lists are accounts of vital places‚ places‚ people or events. About two thousand five hundred years
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The Seven Deadly Sins: How Deadly Can They Be The Seven Deadly Sins is a major aspect to the religion of Christianity. Religion in the Middle Ages was exceedingly important and the central character to the lives of the people living in this time era. In early fourteenth century‚ Robert Manning of Brunne wrote a poem of an educational text informing people to avoid the seven deadly sins. Sometime later‚ in the late 1500s‚ Edmund Spenser wrote a book entitled The Faerie Queene and in Book 1‚ Canto
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inventory carrying costs Increased number of deliveries/ Rapid Replenishment Increased transportation costs‚ Increased replenishment cost‚ Increased receiving cost Increased product variety and availability Additional inventory carrying costs 2. Seven-Eleven’s supply chain strategy in Japan can be described as attempting to micro-match supply and demand using rapid replenishment. What are some risks associated with this choice? The greatest risk occurs when the supply and demand are not matched
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Seven solution for homeless people -Idea One: Trade Fairs for the Homeless Ask any homeless person why they are living on the street‚ and one theme will inevitably emerge: they were unable to navigate the maze of programs and procedures intended to help. In addition to information about every short- and long-term housing program available in the city‚ Project Homeless Connect provided clothing‚ shoes‚ free phone calls‚ counselling‚ medical treatment‚ dental care‚ eye exams and glasses‚ benefits
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Seven Ancient Wonders of the World 3 The Seven Wonders of the ancient world have many amazed with their beauty‚ size‚ and magnificence. From pyramids‚ to monuments‚ and towering statues these are just few of the wonders that have many puzzled. Most question how it was even possible for the wonders to be constructed with the use of modern machines and tools. Also how do we even know all existed; only one of the seven are still standing. Much of what we know comes from texts left behind by
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Seven Practices of Successful Organizations Jeffrey Pfeffer ffectively management of people can produce substantially enhanced economic performance. A plethora of terms have been used to describe such management practices: high commitment‚ high performance‚ high involvement‚ and so forth. I use these terms interchangeably‚ as they all tap similar ideas about how to obtain profits through people. I extract from the various studies‚ related literature‚ and personal observation and experience a set
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Running head: SEVEN MAJOR CHANGES IN THE WORKPLACE Seven Major Changes in the Workplace Seven Major Changes in the Workplace With the ever-growing population and technological changes many employers are going to have to adapt. Robert Barner highlights seven major changes that will affect the places where we work‚ both for the employer and employee (Kreitner‚ 2004‚ p. 76). The seven major changes are (1) The virtual organization (2) The just-in-time workforce (3) The ascendancy of knowledge
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