...finance In geopolitics and military planning: Geostrategy, a foreign policy guided principally by geographical factors pertaining to political and military planning Grand strategy, military strategy at the level of an entire nation state or empire's resources Military strategy, planning the conduct of warfare Naval strategy Nuclear strategy Strategy, a classic text on military strategy by B. H. Liddell Hart Fabian strategy In gaming: Strategy game, a game in which the players' decision-making skills determine the outcome, rather than chance Strategy video game, a video game in which the players' long-term planning skills determine the outcome, rather than reflexes Strategy (game theory), a complete plan of action in a game or a business situation Mixed strategy, a game theory strategy which chooses randomly between possible moves Strategy (game), a solitaire card game Chess strategy, the evaluation of positions and setting up goals and tactics in chess American football strategy Poker...
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...Game Theory and the Prisoner’s Dilemma Business Strategy Antoinette Monteiro Grand Canyon University DBA 815 January 13, 2016 The Definition of Game Theory The game is the object of game theory, which is an interactive situation. There are several players involved in the situation; a game with only one person is a decision problem. According to game theory, the players, their preferences, their information, the strategic actions available to them, affects the outcome. Game theory is conflict and cooperation; the agents are interdependent on the actions of others. These agents are individuals, groups, firms or a combination of these combined. Game theory provides a language to formulate, structure, analyze and understand different circumstances (Turocy and Stengel, 2001 p.4). History and Effects of Game Theory An example of game analysis is the idea of two players dominating the marketplace which was introduced by Antoine Cournot in 1838. Emile Borel, a mathematician proposed a game theory in 1921 and this research was expanded by Neumann in 1928 called the “theory of parlor games.” This theory was solidified in the publication, “The Theory of Games and Economic Behavior by Neumann and Morgenstern. This book pioneers the basic terms and problems that are still in use to this day (Turocy and Stengel, 2001, p.4). The mathematician, John Nash showed that finite games have an equilibrium point in which players choose actions which give the best outcome for themselves...
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...The Influence Of Games On Adults Sergio T. Eid Notre Dame University – Louaize The Influence Of Games On Adults Outline Thesis Statement : Games are as important for adults as they are for children for many reasons : I- They provide physical effort and healthy body : A. Healthy ways : -Training frequently : sports , physical games B. Exaggerated efforts : -Training injuries : age injuries , weaker body II- They affect our way of living : A. Fun resources : -Release anxiety: funny games , group games B. Problem sources and time consumption : -increase tension : challenging games -addective games III- Games strengthen the links between the players : A. Cooperative games : -football , cards B. Replace other major interactive activities : -discussing IV- They project us to childhood : A. Generates good old memories B. Trap us in the past “ Life is more fun if you play games”, Roald Dahl . When we say games , we figure directly childhood moments and habitudes , but games heads certainly for all ages because fun is for everyone. Games differ from one country to another , from one generation to another but...
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...means of entertainment but it was also used to bring relief on the conflicts between major cities. The participants in these games were of the strongest and fastest athletes of their time and they were seen as godlike figures. As time has passed, modern day perception of sports and its athletes have remained the same. Athletes and sports are as popular as ever and it is because they show us things that many of us can’t do physically. The label of sport is one that brings respect and a sense of greatness for its athletes. For people to consider golf a sport is based on pure fallacy, and it does a disservice on the origins of sports and why it was created. Sports were brought about as a viewing of the best athletes fiercely competing against one another and golf is the opposite of that. Golf and its participants also take away from the greatness of true athletes that put in the hard work of mastering their sport, which is immeasurable, more complex and difficult to master. For a person to relate an athlete of Lebron James to Tiger Woods is blasphemous, and goes to show how golf can undermine what a true athlete is. Ultimately, Golf is not a sport due to a various reasons that include physical exertion, logical definition of sport and lack of competitive nature. It does not adhere to the definition of sport, exerts little to no physical activity besides the swing motion, it is more of a game than a sport, and finally, it has no sense of competitive nature...
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...was to help others; therefore the self-assessment gives a total different view. Persons high in individualism cooperate only under some conditions when there is a benefit to self. Were you surprised at what you learned, or was it something you already knew? After reading the chapter it surprised me arriving at the higher score of individualist due to the overall emphasis and concern for others depicted by working in a non-profit whose main objective is helping those who cannot help themselves. Cooperative is not a word that would be used to describe my personality but could be in certain situations. On the other hand, self-views related to conflict, is of acceptance, since it seems to come and go, being an inevitable part of life whether in the business world or at home. Growing up there was a lot of conflicts from having a house with nine passionate Italian children. Someone was always arguing and disagreeing which seems natural to me. When looking at the opposite...
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...| The Role Of Ethics in Business | | | | 1/16/2014 | | In this paper I will discuss the role of business ethics as it relates to business operations and the challenges of starting and maintaining an effective business ethics program. I will begin with Jennings' (2012) definition of ethics in business and its role from his perspective. I will then make comparisons with other authors' opinions for discussion, including Peter Drucker’s (1981) take on business ethics and Carr’s (Jennings, 2012) viewpoint as well. How business ethics' role relates to the notion of Corporate Social Responsibility (CSR) and ongoing challenges will also be discussed. I will conclude with my own comments on the relationship between personal and business ethics and my thoughts on how to start and maintain company ethical standards. Business Ethics And Its Role: Definitions and Discussion The concept of being ethical in business is a mercurial topic these days; given the expansive and rapid global reach of today's multimedia, it can take mere hours for a reputable business image to get tarnished because of one ethics-related incident. In his text, Jennings' definition of business ethics is "...not the study of what is legal but of the application of ethics to business decisions. (Jennings, 2012, p.45)" Many business leaders today focus on what is legally allowed--they are aware of the legal parameters within where they can operate, and simply execute their profit-driven...
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...right now, and economy is not getting better. When the upper 1 percent of America that’s controls large businesses that employee a majority of our community decide to move to another country to save money that is when we (community) have conflicted interest with the upper 1 percent. Interest and conflict is something happening all too much now a day. America’s general public is not much different from the upper class when it comes to interest. The upper 1 percent wants to make money and so do the general public the only difference is that if the upper 1 percent decides to take their assets to another state let alone another country our general public will end -up with conflict. This is just one of the main reasons our economy is hurting, and our general public unemployment rate has gone up. It is a 50/50 relationship, the one thing Americans like is money and there, is never too much of it. We as a community put such a large value on the dollar and what it can do for our lives. The upper 1 percent of America controls the majority of the assets that bring in a great amount of money to the states. Corporate leader and family with great ties hold a great hand in this poker game of economy. If they...
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...Demonstrative Communication Name BCOM275 11-8-12 Abstract Demonstrative communication is one of the most basic but most essential communication methods available to humans. There are various types of demonstrative communication, including, facial expressions, tone of voice, and body language. Each method has advantages and disadvantages. By understanding these it is possible to convey a message that is clearer to the intended recipient. Humans are one of the most social animals, evolving culturally to specialize and take advantage of that specialization through the ability to communicate. Recent developments in communications technologies by way of cellphones, computers, and the Internet have expanded greatly the ability of people to communicate by written communication but nonverbal communication remains largely unchanged, besides the ability to do it over longer distances. Even with the technology today there is no substitute for a face-to-face conversation and the subtle cues that go along with it. In some ways communication through these nonverbal means is the most primitive form of communication, but it is still essential to leading a successful modern life. Things like facial expressions, tone of voice, and body language can add much more to a conversation than words can in some instances. When a doctor gives the family in the hospital waiting room bad news much can be found about their emotions through their facial expressions. They would not have...
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...LEGALIZING this will Benefit Everyone! For years a debate has be raging betweens two sides; one for the legalization of same sex marriage and the other for doing away with the idea as a whole. If the illegality of the current topic continues then it can only damage us all in negative ways as a whole being that the United States people are all that stand in its way or atleast had been for the past years. Each day millions of Gay citizens of this country contribute to the growth of our nation and everyones wallets whether it be spiritually, politically, vocationally, socially, or culturally. The citizens of our country that make up these groups (Lesbian, Gay, Bisexual, and Transsexual) are a detremental piece to the puzzle that builds our economy and country as a whole. If these groups were to withdrawl their many contributions to this country, then it would affect the system as a whole in only negative ways. By legalizing same sex marriage then it will show these groups that they are equal to every other citizen as well as capable of having the same exact benefits. After all this country has been known to be quite the advocate for equal rights through out time based on all sorts of issues in the past such as racial discrimination, womens rights, immigration etc Affirming these minor groups in society will reduce prejudice in groups by supporting cultural diversity, thus promoting a better environment for anyone to thrive in a more accepting society. This will also boost...
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...GOVERNANCE AND SUSTAINABILITY – PAPER July 2013 Cédric Chaumont International MBA 5 Governance and Sustainability - Paper INSTRUCTIONS Based on article "How will you measure your life?" (Christensen, 2010), answer questions below. Paper description: 4-6 pages Development: Individual Delivery: Via International MBA student web site Deadline: July, 29th Questions: 1. 2. 3. How can I be sure that I’ll be happy in my career? How can I be sure that my relationships with my spouse and my family become an enduring source of happiness? How can I be sure I’ll stay out of jail? Cédric Chaumont_FT5 2/7 Governance and Sustainability - Paper 1 How can I be sure that I’ll be happy in my career? According to Prof. Christensen , “the powerful motivator in our lives is not money; it’s the opportunity to 1 learn, grow in responsibilities, contribute to others, and be recognized for achievements.” I totally agree with Prof. Christensen; it is important to keep in mind that finding happiness in my career has nothing to do with money and everything to do with the opportunity to learn, grow in responsibilities, contribute to others, and be recognized for achievements. As he explained as well, “Management is the most noble of professions if it’s practiced well. No other occupation offers as many ways to help others learn and grow, take responsibility and be recognized for achievement, and contribute to the success of a team.” If I want to maximize my happiness...
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...results in uncertainty and inconsistencies from the way business is conducted at home. Sometimes a practice that is permissible in the foreign country is not at home (Stare, 2011). Will making a payment to a foreign government official to obtain permits, licenses or police protection be seen as a bribe or just facilitating and expediting to get things done? That is why it is useful to have a set of guidelines. Companies should have a set of best practices or code of conduct to assist them, however, many do not. Here is a list of questions to use and may be proven useful in deciding a correct approach: Are you following rules that are generally understood and accepted for the task taking place? For example, in poker, bluffing is accepted as part of the game. Are you comfortable publicly discussing and defending your action? Would you be comfortable if your friends were aware of it? Is your family ok with it? Would you want...
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... Nowadays, Game theory plays an important role in modern analysis. This concept can be applied in plenty fields including business, finance, political science, economics and sports. In business, competition is very intensive hence decision makers should analyse and determine their strategy carefully. Furthermore, they have to consider about their rivals strategies available and actions in the game. Once decision makers know all strategies available, they can apply a game concept, and achieve the proper outcome. This essay is divided into two parts, in first part, it will be discussed the general idea of game theory including prisoner’s dilemma which is one of the most known theories. In the second part, the application of game theory will be presented in the example of an oligopoly market. Part one: General discussion of game theory Game Theory is a...
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...Scene four is an important part of the play. During this scene, the main characters involved are Blanche and Stella with an entrance made by Stanley towards the end. The author reveals Blanche’s true colors to the audience all while Stella remains unmoved by anything said. The author makes the audience aware that Stella’s character is quite content and happy in her present situation. This scene takes place in the Kowalski apartment, the morning following the conflict of the night before during the poker game between Stanley and Stella. The time of day is relevant because just the other night Blanche witnessed Stanley’s drunken behavior, and now during this scene, Blanche rushes into Stella’s bedroom hysterically and can’t understand how her sister could return to him after such an unsettling act. Blanche...
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...The nature of Stanley and Blanche’s conflict is mainly verbal (conflict is about power struggle, who has control over the other characters) Williams presents this through their verbal interactions, his use of language shows their animosity.The conflict is one in which Stanley is constantly squaring up to Blanche as if to see who has the upper hand. The conflict began with Stanley’s suspicions of Blanche when he heard of the demise of Belle Reve. Williams parallels his use of negative language with Blanche’s impressions of Stanley; with Blanche appearing to pull Mitch away from Stanley and by changing who appears have most control over Stella. Williams demonstrates the theme of conflict through verbal and physical interactions as well symbolism as shown below. The first sign of the conflict between Stanley and Blanche is at the very beginning in Act One Scene Two. Blanche has revealed to Stella that their childhood home ‘Belle Reve,’ has been lost, what she doesn’t explain is the nature of how it was lost. When Stella explains to Stanley he begins to grow suspicious of Blanche, thinking that she has sold ‘Belle Reve,’ swindling Stella of her share of the money and through her, swindled him. He begins to rummage through her stuff, looking through her clothing when Blanche appears. Blanche starts off with flirtatiously asking Stanley to do up the buttons on her dress and begins “fishing for a compliment” from Stanley. All this does is rile him up and make him more suspicious...
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...23rd May 2013 Assignment submitted to GROUP II ASSESSMENT OF LINKAGE BETWEEN STRUCTURE & PERFORMANCE Group Members Sonal Zade Jayeeta D’Souza Bipul Sharma Rohit Kedare Rajneesh Malik Nitin Amin – Roll No. 32 – Roll No. 08 – Roll No. 02 – Roll No. 26 – Roll No. 20 – Roll No. 14 – IBM – Capita – HUL – H J Heinz – Zynga – WNS 1. Introduction 2. Case on Formation of Autonomous Work Groups at Hindustan Unilever Limited 3. Case on Adaptability, Discipline & Innovation in Structure at H J Heinz Company 4. Case on Job Architecture and Performance at WNS Global Services 5. Case on Impact of structural change and Ventura grades at Capita India 6. Case on structural linkage with performance at Zynga (Online Gaming) 7. Case on matrix structure linkage with performance at IBM 3 3 5 8 11 13 16 Page 2 of 18 Introduction We have undertaken studies in our companies to understand the correlation between structure and performance. We have made an attempt to disintegrate the level of complexity in the structures and what impact it exercises on the output or performance. We have explored the above subject keeping in mind that the important variables while dealing with organisation structure are – formalization (rules, routines), centralization (hierarchy, use of authority, verticality), control systems (span of control), coupling and structural embeddedness and specialization (role clarity). Case 1 - The Hindustan Unilever Experience By the end of year 2010, Hindustan...
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