Introduction to Economics Definition of economics SCARCITY Resources: 1.Land 2.Labor 3.Capital 4.Entrepreneur Basic Economic Concepts OPPORTUNITY COST CHOICE How To solve? Using these system What & How Much to Produce Fundamental Economic Problem How to Produce For Whom to Produce Types of Economic Systems: a) Capitalistic Economy b) Socialistic/Command Economy c) The Mixed Economy Free Market/ laissez faire Theory of Demand Price mechanism Buyers
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Risk & Return Q1: Which rules should be in mind during selection of stocks for portfolio investment? 1. Allocation 2. Sectors Basic Materials Capital Goods Communication Consumer Cyclical Energy Financial Health Care Technology Transportation 3. Stock Selection 4. Monitor Q2: Distinguish between market risk & diversifiable risk. Can market risk be avoided? Market Risk The possibility for an investor to experience losses due to factors that affect the overall performance of the financial
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MGT5000 Scenario 1 In my previous position I was responsible for managing a small team of 8 in a high volume retail store. Due to the small team and high work volume‚ many of the team members had established a close friendship. This team comprised of a combination of new and original team members. This team brought both a combination of youth and enthusiasm‚ and maturity and professionalism to the team. Due mainly to the retail environment‚ the store has always had a high turnover of team members
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Oct. 19‚ 2012 TSA Set to Fire 25 Employees‚ Suspend 19 at Newark International The Transportation Security Administration announced today that it has proposed to fire 25 of its employees and to suspend another 19 at Newark International Airport for alleged misconduct. A TSA official told ABC News the wrongdoing was related to "individuals violating standard operating procedures for screening checked bags at one of the airport’s 25 baggage screening rooms." Another TSA source said the alleged offenses
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Part I. Assume you have taken over responsibility to play the lead Information Technology (IT) management role in Magnum Enterprises. Your boss‚ Rachel Heigl‚ is Magnum’s CIO. The IT management group is comprised of six people who you will be supervising. Ms. Heigl is an enlightened manager‚ and she believes that if you are to carry out your responsibilities effectively‚ you need to work with her in defining your IT management role. As a first step‚ she invites you to write a short statement where
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Internal Analysis Value --Yes Coach’s supply chain enables to provide customers a variety of comparable luxury goods respect to quality and styling at relatively cheaper price than competitors. (Accessible luxury) * Outsourcing policy of Coach (40 suppliers in 15 countries) * Coach’s negotiating power over suppliers - Coach’s large volume order and high brand perception * Coach’s many licensee companies manufacturing a variety of luxury goods (watch‚ shoes‚ fragrance‚ and eyewear)
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MB0052- Strategic Management & Business Policy Assignment Set-I What is meant by strategy ? Differentiate between goals and objectives? Answer: Strategy is the method by which an organization systematically achieves its future objectives. A business cannot progress for a long term without a reliable strategy. Strategy is a common direction set for the company and its various components to accomplish a desired position in the future. A meticulous planning process results in strategy. It is
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Exam I Outline 1. Chapter 1: Strategic Management: Creating Competitive Advantages a. Views of Leadership i. Romantic View 1. Leader is the key force in an organizations success ii. External Control Perspective 1. Focus is on external factors that may affect an organizations success b. What is “Strategic Management”? i. Definition: Consists of the analyses‚ decisions and actions an organization undertakes in order to create and sustain competitive advantages ii. Key attributes:
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PROJECT SCOPE STATEMENT[1] Note: Any work not explicitly included in the Project Scope Statement is implicitly excluded from the project. |Create links to referenced documents (e.g.‚ Link_To_… ) by using Insert ( Hyperlink on your toolbar. | | | |Note that all documents that are linked to the Scope
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Exam 2 Question 1 Which of the following is a focus of cultural tightness-looseness? Answer A. The tolerance that exists for any deviations from norms B. The ability to interpret the real message from what is being said C. The time when a new culture becomes the subject of one’s criticism D. The superiority of home country values E. The first interaction with a new culture and the anxieties associated with it 2 points Question 2 In high-uncertainty-avoidance
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