University of Newcastle October 2012 [Yellow Auto Case Study] [GSBS6001 Individual Assignment] [By: Shih Yun Lin (3172398)] Executive Summery Managers are constantly faced with critical decisions that will heavily impact on the company’s competitive ability and profitability. This report will analyse the critical decisions made in the case study The Change Story of Yellow Auto Company from a sociologic decision making perspective. The case study presents four main decisions which
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Journal Entry1- Reducing Uncertainty Theory Uncertainty theory is an explanation of how we use information‚ as we strive to reduce our own uncertainty‚ in terms of how we relate to people‚ especially those people whom we do not know‚ or know very well. The communications theory creators Richard Calabrese‚ James Bradac‚ and Charles Berger believe that it is our motivation to reduce our own uncertainty‚ which drives us to communicate. We usually tend to respond to uncertainty in three ways: through
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deals with uncertainty reduction theory from its origin to date. Ever since uncertainty reduction theory was first created‚ many researchers have examined it by comparing it with other theories. Uncertainty reduction theory had been tested across different cultures in order to confirm its generalizability. It had also been applied to real life situations to examine how individuals interact in their initial encounters with strangers. In addition‚ researchers suggested testing uncertainty reduction
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Meaning of Risk and Uncertainty Risk: In Common Parlance‚ risk means a low probability of an expected outcome. From business decision-making point of view‚ risk refers to a situation in which a business decision is expected to yield more than one outcome and the probability of each outcome is known to the decision makers or can be reliably estimated. For example‚ if a company doubles its advertisement expenditure‚ there are three probable outcomes: i) Its sales may more than double ii)
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Define environmental uncertainty and resource dependence. Describe the major ways in which managers can deal with high environmental uncertainty and resource dependence. A good answer would base the analysis of environmental uncertainty on Duncan’s approach‚ which characterises uncertainty in the stable-unstable and simple-complex dimensions. It should identify buffering‚ boundary spanning‚ organisational differentiation and integration as responses to growing uncertainties. As to management of
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MOI UNIVERSITY WEST CAMPUS KIPTAGICH CENTRE NAME REG NO Annette. A. Omondi CPR/1000/11 Elseba Kokeyo CPR/1001/11 COURSE CODE: CMM 40 COURSE TITLE: LESCTURER: Mr Masinde TASK: Assignment QN: Discuss democracy while paying special attention to; definitions‚ principles and the role of media in the promotion of democracy. DEMOCRACY INTRODUCTION Democracy can be defined first and foremost as a system of government that involves the replacement
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All Through the Vietnam War‚ draft avoidance and resistance came to a peak‚ nearly crippling the Selective Service System. Joined with the rebellion inside the military and the greater civilian antiwar movement‚ draft resistance became yet another shackle on the government’s ability to wage a war in Vietnam‚ and brought the war home in a very personal way for a generation of young men. Many draft resisters filed for conscientious objector status‚ didn’t report for induction when called‚ or attempted
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Descartes’s Argument for Uncertainty 1. All previously held conceptions must be regarded as uncertain. a. Some previous conceptions were built on false opinions‚ or potentially false opinions and are therefore uncertain. b. All previous conceptions have been obtained from or through the senses‚ which guarantees their uncertainty. I. The senses have deceived in the past in cases of a small or distant thing‚ and could therefore do so again. II. The senses often deceive those who
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Convention on law of treaties. It’s every nations duty to look out for citizens so they don’t pay tax twice on the same income (once in country of R and then in Country of A) but also enough precautions need to be taken to make sure there is no Tax Avoidance and remedies for tax
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Motivation is the process by which individuals are activated into putting an effort into achieving goals. In order to motivate employees effectively‚ three points needed to be aware: 1. Amount of effort: The more employees are motivated‚ the more effort they will put in work. 2. Company goals: Have a clear goal. If the employees’ efforts are not directed towards the goals‚ the company cannot benefit from their motivation to work. 3. Employees’ needs: Provide something employee needed in order
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