Subject : Managerial Economics (102) Case No: 05 Objective: a) To apply the concept of elasticity of demand b) To correlate elasticity with decision making University fees – part I President Jones of Indian Institute of Business Economics (IIBE) is concerned about the financial state of his institution. Last year there was a loss of Rs.1.5 million and the trustees are getting restless. Currently there are 1000 full-time students‚ 700 of whom are degree students from their country
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a major part of their adult life at word‚ job satisfaction is an important element of individual wellbeing. What factors contribute to job satisfaction? How realistic is the expectation of job satisfaction for all workers? Since work constitutes an important part in people’s life‚ job satisfaction will‚ to a great extent‚ affects the degree of individual sense of happiness. To the best of my knowledge‚ three major factors may be contributive to job satisfaction‚ including salary‚ working environment
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statistics & a calculator‚ interpret graphs & tables. COMPUTING SKILLS Word-processing‚ using databases‚ spreadsheets‚ the Internet & email‚ designing web pages etc. SELF AWARENESS Awareness of achievements‚ abilities‚ values & weaknesses & what you want out of life. PERSONAL IMPACT/CONFIDENCE Presents a strong‚ professional‚ positive image to others which inspires confidence & commands respect. LIFELONG LEARNING Continues to learn throughout life. Develops the competencies needed
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productivity. Workers are much more productive in the United States and perform tasks at a more efficient rate than in China. The new hand spreader used to require six people to assemble it and we have redesigned the components so that only four people need to work on it. With more advancements like this and making your Temecula plant as automated as possible‚ you can cut costs in Temecula by the hundreds of thousands of dollars. By hiring an outside labor force in China‚ you would be lengthening the company’s
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Cotton on can do a job analysis by interviewing its existing employees or by observing them work while taking down notes of their tasks‚ duties and responsibilities. Job description identifies conditions in which work is performed. A good job analysis will attract the right candidates and reduce chances of skill deficiencies. Cotton On can use a combination of design for efficiency as a method to job design‚ also called industrial engineering in which they
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Revolution. In Tale of Two Cities‚ the guillotine symbolizes how revolutionary chaos gets institutionalized. With the guillotine‚ killing becomes emotionless and automatic‚ and human life becomes cheap. The guillotine as a symbol expresses exactly what Dickens meant by adding the two final words ("or Death") to the end of the French national motto: "Liberty‚ Equality‚ Fraternity‚ or Death." Shoes and
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Greenspan can really explain the role of the regulators in the economic crisis. He was the most admired government officer in the world; he served as chairman of the Federal Reserve for nearly two decades. He formed an ideology about market and refused to budge of his views. ➢ The investors‚ who have taking many to risk earning money‚ are‚ for us also the main actor of the crisis. With the bank loans‚ lots of investors take advantages of the situation. 2: What they
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compensation management. Managers and employees develop an implied contract with each other regarding obligations. The repercussions when the contract is violated can be significant. When employees do not complete their duties or when the organization does not acknowledge the effort of an employee‚ as in this situation‚ the contract can be threatened. This case helps students explore the ramifications for both types of contract breach (organization to employee and employee to organization). Employees
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factors to job satisfaction Joseph Green MT302-Organizational Behavior December 7‚ 2012 According to Robbins and Judge (2011)‚ job satisfaction is a positive feeling about a job resulting from an evaluation of its characteristics. The most important factors to job satisfaction in my work environment are: 1. Compensation/pay 2. Feeling safe in the work environment 3. Job security 4. Benefits 5. Relationship with co-workers 6. Career
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knowledge in editing audio and video software Flexible team player‚ capable of doing presentations Youthful yet very mature; willing to learn and grow; fast learner Excellent computer skills – applications related to MS Office or the Internet Can do projects inside and outside the field‚ acquainted with office tasks ACHIEVEMENTS: Best Production House in TriniTV Awards (Trinity University of Asia) Best Story‚ Best Concept and Ideas (Dean’s Citation Award)‚ Best Film
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