“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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links for the simulation and the conversation scenes. • The user has the choice to choose to start with the simulation or the conversation which in the normal case he will start with simulation but he has the choice anyway. • We’ll go with the normal case in which the user chooses the simulation first of all‚ he will then move to the next scene that will contain two links: the first one for the first sub-simulation named ”Attract and Repel” and the second one for the second sub-simulation named “Electric
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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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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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Marketplace Stimulation March 29‚ 2011 Table of Contents Report to Executive Board of Corporate Headquarters 6 Financial and Market Performance for Second Year 7 Brief Business Plan 7 Brand Strategy 7 Pricing Strategy 8 Advertising Strategy 8 Sales Strategy 8 Business Strategy and Performance for Second Year 8 Overall Business Strategy 8 Departures from the Marketing Plan 8 Significant Events that Affected the Company 8 Current Situation in the Market 9 Competing in the Future 9 Lessons
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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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Ground Level Upon entry the door was locked and a key card was required for this single point of entry. There were security cameras outside of the building. There was a dumpster outside that was not secured‚ which could allow anyone access to sensitive information. Locking the dumpster or placing it in a secured location would mitigate this risk. The receptionist did not ask me to verify my identity. The receptionist should be required to verify the identity of everyone entering building to
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