Chapter 2 Homework Set 1. Indicate what types of resources each of the following is: a. Capital b. Land c. Entrepreneur d. Labor 2. If money GDP increased by 4 percent and the price level increases by 1 percent‚ what is the approximate impact on per capita real GDP? e. 4 3. Which of the following products or services would be counted in US GDP when produced? f. No g. Yes h. Yes i. No 4. In 2003‚ Microsoft lowered the
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2.10 Bodine Electric makes gear motors with a three-stage‚ selectively hardened gearing cluster that is permanently lubricated. If the company borrows $20 million for a new warehouse/distribution facility‚ determine the annual payments to repay the loan in six equal annual payments at an interest rate of 10% per year? 2.11 A small oil company wants to replace its Micro Motion Coriolis flowmeters with Emerson F-Series flowmeters in Hastelloy construction
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The Challenge of Public Relations • PR is multifaceted ⁃ A public relations professional must have skills in ⁃ Written and interpersonal communication ⁃ Research ⁃ Negotiation ⁃ Creativity ⁃ Logistics ⁃ Facilitation ⁃ Problem solving Global Scope • The public relations industry is growing in many nations ⁃ Almost $8 billion spent each year in the US ⁃ Expected growth of 23% in Asian revenue in the next five years ⁃ Annual spending of $2.2 billion in China A Variety
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MARKETING 438 PUBLIC RELATIONS MAJOR CASE PRESENTATION 20TH CENTURY INSURANCE COMPANY BY Branson C. Nicholson Nichelle Cox Rhonda Porter 1lb4198 02/17/99 Instructor: Paula Becker UNIVERSITY OF PHOENIX Long Beach Campus Table of Contents History‚ Position‚ Targeted Market‚ Goals Page 3 Northridge Earthquake‚ Crisis Page 4 Comeback Kid‚ Results of PR Campaign Page 6 Developing a Crisis Plan‚ Page 7 Crisis Team‚ Milestones for Communication
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Singapore The roots of the public relations (PR) practice can be traced back to 1965‚ when Singapore regained its independence from its British colonists. Understanding the strategic location of Singapore‚ multi-national corporations began to set up their offices over here. The early role of PR practitioners – according to a research study conducted by Selina Lim‚ June Goh and Krishamurthy Sriramesh in their report ‘Applicability of the Generic Principles of Excellent Public Relations in a Different Cultural
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Public relations describes the various methods a company uses to disseminate messages about its products‚ services‚ or overall image to its customers‚ employees‚ stockholders‚ suppliers‚ or other interested members of the community. The point of public relations is to make the public think favorably about the company and its offerings. Commonly used tools of public relations include news releases‚ press conferences‚ speaking engagements‚ and community service programs. Although advertising is closely
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Public relations have been regarded as an important tool in maintaining and enhancing the relationships between an organisation and its publics. There are different models of public relations that organisation adopt to reach mutual understandings between their publics or to demonstrate its organisational desire to its publics. Grunig and Hunt (1984) define the communication theory as a fundamental tool of enhancing and maintaining the relationship between an organisation and its publics‚ which can
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Ancient Origins of Public Relations Ancient civilizations and medieval society offer glimpses at public relations-like activities. Ptah-hotep‚ the advisor to one of the ancient Egyptian pharoahs‚ wrote about 2‚200 BCE of the need for communicating truthfully‚ addressing audience interests‚ and acting in a manner consistent with what is being said. Archeologists have found ancient bulletins and brochures in ancient Mesopotamia (present-day Iraq) dating to about 1‚800 BCE. These publications on
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Abstract This essay aims to highlight the contributions of public relations at the strategic level. J L Thompson (1995) defined strategy as a means to an end‚ and he writes‚” The ends concern the purposes and objectives of the organization. There is a broad strategy for the whole organization and a competitive strategy for each activity.” The significance of strategy is allowing practitioners to set their work in the wider organizational context. The concept of strategy is made clearer by Mintzberg
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vital driver of the worldwide economy. The public and community relations constantly face herculean challenges- both internal and external- that need to be dealt very carefully and strategically. Today‚ the oil industry operated differently‚ with the management of these companies not being solely reported to stockholders but to wider range including stockholders but also employees and the community where it operates. Consequently‚ the role of public relations has increased within this industry and this
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