REVIEW TOPIC 2 – THEORY OF CONSUMER BEHAVIOR 1) The price of DVDs (D) is Rs 200 and the price of CDs (C ) is Rs 100. Ajay has a budget of Rs 1000 to spend on the two goods. Suppose that he has already bought one DVD and one CD. In addition‚ there are 3 more DVDs and 5 more CDs that he would really like to buy. a. Given the above prices and income‚ draw his budget line on a graph with CDs on the horizontal axis. b. Considering what he has already purchased and what he still wants to purchase‚ identify
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Denny ’s Restaurant Organizational Behavior: An Introduction Denny ’s Restaurant Corporation is one of the largest full-service family restaurant chains in the United States. And it operates over 2‚500 restaurants around the world. Denny ’s is known for its 24 hours a day‚ 7 days a week‚ and 365 days a year operations‚ serving breakfast‚ lunch‚ dinner‚ and dessert around the clock. During the early 1990s‚ Denny ’s was involved in a series of discrimination lawsuits involving several cases of
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Kimberly-Clark’s development in Latin America had come largely through acquisitions. The purchased companies often kept their original management who‚ having sold the business‚ were not committed to change or to improving financial performance. The challenge Mr Nacach had to battle expectations among the staff. First‚ earlier efforts to create a pan-Andean management structure had failed because of the autonomy of the acquired units and cultural differences between the countries. Second‚
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1. What factors do you think make some organizations ineffective at managing emotion? According to the case‚ organizations are always hard to manage emotion effective. From my prospective‚ there might be three main reasons‚ emotional individual differences‚ lack of contact between organizations and their employees‚ and organization culture‚ all bringing about this situation. First of all‚ different people have different personalities. It is hard for an organization to publish a policy or to
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market that is more engrossed in a coffee culture that is seemingly had to break. They have coffee drinking patterns and timings that if conflicted would seemingly be associated with a tourist. Italians pose differential culture risk when compared to what Starbucks is willing and associated to be offering. Fast coffee whereby it is packed to go is a foreign custom. Starbucks can only fear the same market where the concept of all its worldwide retail chains was born. Starbuck has in previous acclaims
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Introduction The theory our group will be discussing and explaining in depth is the leadership styles of top management using Mintzberg’s managerial roles. Mintzerg named ten different roles‚ all separated into three categories. The first category is interpersonal. This includes figurehead‚ leader‚ and liason. The second category is informational which includes monitor‚ disseminator‚ and spokesperson. The last category is decisional which includes entrepreneur‚ disturbance handler‚ resource
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THE USE OF SOCIAL NETWORKING IN EDUCATION: CHALLENGES AND OPPORTUNITIES *S.Shunmuga Narayanan **Dr.H.Deepa INTRODUCTION Social networking is built on the idea of how people know should know and interact with each other. It gives people the power to share‚ making the world more open and connected . Nowadays‚ social networking has a vital influence on our live as it helps a lot in every field of life such as political field‚ economic field and educational field. However‚ this paper
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What Is An Organizational Structure? An organizational structure defines the reporting relationships in a company - in other words‚ who works for who. Companies choose an organizational structure based on many factors‚ including their size‚ their geographic dispersion‚ and the number of different products and services they offer. What Is A Functional Organizational Structure? In a functional organizational structure ‚ an organization’s reporting relationships are grouped based on specialty‚ or functional
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Introduction Organizational Behavior is a field of Study which investigates the impact that individuals groups and structure have on organizations‚ for the purpose of applying such knowledge towards improving organization effectiveness. (Huczynsky‚ 2010) The way people behave individually or collectively in order to reach a common goal. Organizational behavior includes in it such issues as organizational design‚ culture‚ Group decision making‚ teamwork and leadership. (Dictionary of Business
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OB Revision Sheet 1) How can a manager become a supportive communicator? 2) Discuss four ways to reduce misinterpretations when communicating with people from a different culture. 3) Describe the communication process. Explain the parts of this process. Case 1 Your company’s HR director is a believer in trait theories of leadership. He believes that he can differentiate leaders from non-leaders by focusing on personal qualities and characteristics. He asks for your expertise in helping
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