Game theory help managers make better strategic decisions when facing uncertainty of competitive conduct. it provides a structured process to make better strategic decision‚ it’s not new but now emphasis on as practical tool What decision we trying to make 1.Define strategic issue How related to other decision made in the market The others in the market consider entering or leaving it Which players’ actions most impact on our success 2.Determine the relevant players Strategist must be skilled
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world as a market and national borders becoming increasingly meaningless‚ the potential for organizations to grow and expand is almost unlimited" (Robbins‚ 2003‚ p. 101)‚ and business is increasingly international due to increasing sales and accessing resources(Wild‚ 1999). In such circumstance‚ organizations must learn how to survive and prosper in a global environment that is highly dynamic and unstable. Managers in this setting not only deal with a set of social ‚ economic‚ legal and political factors
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Money an Effective Motivator at Work? Motivation could be defined as ‘’that which gives impetus to our behavior by arousing‚ sustaining and directing it toward the attainment of set goals’’(Wortman and Loftus 353).In terms of productivity‚ it is ‘’concerned with helping people to focus their efforts in effectively discharging their duties in the workplace’’(Gellerman 3).But due to inherent complexities in human behavior and values‚ there is no simple nor single motivator or reward that is
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The Virtual Dialectic: Rethinking The Matrix and its Significance David J. Gunkel Northern Illinois University Rather than designating the choice between good and evil‚ my Either/Or designates the choice by which one chooses good and evil or rules them out.1 The debates and decisions surrounding virtual reality‚ cyberspace‚ and other forms of computer-mediated communication have been‚ like so much philosophical reasoning within the Western tradition‚ organized around antinomies. One of the
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Matter What Managers Do? Colin Hales After half a century of research‚ we now have a fair idea of what managers do. This differs both from the “heroic selfimage” idealisation and from the sanitised “management science” idealisation. Despite IT and all the talk of empowerment‚ management as a profession in its own right is‚ if anything‚ becoming more‚ not less‚ widespread. What managers do therefore matters simply because so many people are doing “management” as their main role. But does what managers
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Virtual Meeting Scenario Virtual Meeting Scenario In the past‚ a meeting for many global companies and organizations with largely distributed partakers was challenging. For example‚ previously if a company called a meeting and attendees were in different locations‚ the business would either fly those in attendance to a central location‚ or hold conference calls. Today companies take advantage of technology by holding virtual meetings. According to Educause Learning Initiative “A virtual meeting
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Virtual Pin Boarding | | This paper’s purpose is to describe Pinterest and provide a brief discussion about use‚ changes‚ and future uses of this web and mobile application. | Christina Gold | Virtual Pin Boarding Pinterest is a social bookmarking web site that was developed in 2008. The free mobile application became available in 2011 and brought in an unexpectedly large amount of downloads. Pinterest has managed to gain more than 27 million active users as of July 2012 (Vivo‚ 2013)
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Best Practices in Estimating the Cost of Capital: Survey and Synthesis Robert F. Bruner‚ Kenneth M. Eades‚ Robert S. Harris‚ and Robert C. Higgins This paper pn ^ents ihns‚ Wn Itujjlini; finunaal advtsi-i’s. lUic -M-ven‚ best selling texlho(>k.\ and trade hooks. The re.sulls show close aligninvn! ainuu-^:‚ all lh< M S‚ y’i’jps an ihc use of common theoreliva! frameworks and on many aspects of estimation. We Jin a ’’an.>( •arunhtn. however‚ for the joint choices oflhe nsk-free rate. heia.
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CORPORATE GOVERNANCE AND INTERNATIONAL BEST PRACTICES According to the institute for Corporate Governance‚ Dubai‚ CG is ‘the system by which business corporations are directed and controlled.CG has received special attention from all over the world after scandals at Enron Corporation (USA)‚ The BCCI Bank (UK)‚ the Harshad Mehta Share Scam (India)‚ and Satyam Computer Services Limited (India). Furthermore‚ After the global financial meltdown (2007-10) it is evident that lack of stringent CG
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Virtual Education Dr. S. Balasubramanian Mr. S. Kannan Former Director – IPR Research Scholar Anna University Coimbatore Anna University Coimbatore Coimbatore Coimbatore E-mail: s_balasubramanian@rediffmail.com Abstract Virtual education is a term describing online education using the Internet. This term is primarily used in higher education where so-called Virtual Universities have been established. Virtual courses – a synonym is online courses – are courses delivered on
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