...Assignment on Elasticity of Demand. 1. Suppose the price of a particular good increases from $95 to $105. As a consequence, you decrease your purchases of the good from 21 units to 19 units. a. What is the price elasticity of demand for this good? b. Is demand for this good elastic, inelastic, or unit elastic? ___________________________ c. Interpretation of the elasticity: A one percent increase in the price of the good would be expected to result in a __________ percent decrease in the quantity demanded of the good. d. What is the total expenditure on this good before the price change and after the price change? e. Did total expenditure on the good increase, decrease, or remain the same? _______________ 2. Suppose the price of particular good increases from $95 to $105 as a result, your purchases of the good decrease from 41 units to 39 units. a. What is the price elasticity of demand for this good? b. Is demand for this good elastic, inelastic, or unit elastic? ___________________________ c. A one percent increase in the price of the good would be expected to result in a __________ percent decrease in the quantity demanded of the good. d. What is the total expenditure on this good before the price change and after the price change? e. Did total expenditure on the good increase, decrease, or remain the same? _______________ 3. Suppose the price of particular good increases from $95 to $105. You then decrease your purchases...
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...ORGANIZATIONAL BEHAVIOUR Case study- 6 All the Wrong Moves Outline of the case A. Introduction Nutrorim was established in 1986 by an organic farmer and his wife. Don Rifkin had taken the charge of CEO in 1989. Its products were gaining national attention. The sales of organic performance enhancing supplement powder ChargeUp, was increasing enormously. It was the best selling product among the category. ChargeUp has undergone an upgrade with the additive Lipitrene. The new ChargeUp has just been released on a limited basis to local area retailers. Company’s expectation with this upgraded product was high. With the end of first quarter, the sales had been increased by 20% in the test market. Don has a way of trying to avoid conflict. When ChargeUp was in the marketing phase, the marketing manager asked the opinion of the entrepreneur Nora. Nora was not keen on the product with the new ingredient. This caused friction between her and the R&D manager Steve. That time Don had tried to restore the peace. But before the state wide launch, an investigator from a state department of health had informed Don that he was investigating 11 individuals from Syd’s Gym who took ChargeUp, who now had gastrointestinal distress. He advised him to recall the product from the market. Don called an emergency meeting with heads of PR, Sales, R&D, and Legal to decide whether to recall the product. CEO Rifkin had always tried to provide an open and democratic environment for...
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...of command. The structural leader tries to align the internal processes of the organization to the external environment while dealing with organizational dilemmas. Furthermore, the human resource frame focuses on needs of people. Leaders working within the human resource frame value the feelings and relationships of people. The political frame focuses on individual and group interests. Political leaders build power bases through networking and negotiating compromises. The symbolic leader develops symbols and culture to shape human behavior and reflects a shared mission and identity for the organization. Leaders working in the symbolic frame instill enthusiasm, a sense of charisma, and drama to the organization. In the case study “All the Wrong Moves” by David Garvin the structural frame relates to Don’s implication of what a clear organization structure is. He needs to provide information of what the organization should be like in order to provide a foundation for successful decision-making. The HR relates to this case because Don’s strength is that he is caring and so he allows everyone to express his opinion. However, he may be too much of a “mother figure” because he asks for an input from “as many people as possible” (20) and this can allow too much debate to happen. Don values his employee’s as well as their opinions. Furthermore, the political frame focuses on the decision-making process within the company and the debate and negotiations between the employees, especially...
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...conceptions of plurality, space, and motion. But, all of them except four have been lost. These four have stayed because they were important enough for Aristotle to address. Zeno tries to argue that the belief n plurality and change is wrong. Zeno argues these points in two of his paradoxes that we discussed in class. The first is the Arrow Paradox and the second is the Achilles/Tortoise Paradox. Zeno’s main argument conveys that motion is just an illusion and there is no such thing. The Arrow Paradox attacks the idea of motion. Arrows move from one point to another and motion can be defined as a change in place for a piece of time. Zeno argues that at any time, the arrow is at one position. He says that it is at only one position at all times, it does not move from point to point. Zeno believes that the arrow moving is neither moving to where it is, nor to where it is not. He says that the arrow cannot move where it is because it is already there. Also, Zeno states that the arrow cannot move where it is not because no time is elapsed during this. Zeno believes that time is composed of just instants, not motion at all. Zeno tries to back this argument up by saying that we do not understand the true nature of reality correctly, but Parmenides actually does. Zeno basically goes against the idea of reason in this situation. The Arrow Paradox is obviously completely wrong. The factual evidence of motion shows that it is wrong. Zeno attacks the idea of reason even...
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...context of this piece by Griswald and Meninger is that everyone needs to forgive and to be forgiven at some point in their lives. All humans whether generally good or generally bad can cause harm to others, both on purpose or completely on accident. Forgiveness is called for in both circumstances. The audience is adults and anyone else who is interests in reading about forgiveness. This piece is not light reading and therefore would not be for children. This piece is composed of many main points that all circulate around the fact that everyone needs to be forgiven. People that do wrong to others are not monsters. They are humans just like the rest of us that have made mistakes. This point is very scary. It is easy to call people that have hurt others monsters, but that is not the case. Everyone is capable of hurting each other, just like everyone is capable of forgiveness. Everyone has hurt and been hurt by others. It is the way we handle the aftermath of both situations that matters. After hurting someone it can be extremely difficult to apologize and ask for forgiveness. After being hurt it is even harder to give forgiveness and not seek revenge. Revenge is a danger matter that causes the cycle of hurt to become constant and to never end. What truly defines forgiveness? Forgiveness helps to stop the cycle of retaliation and to let go of all the negative feelings towards another person. It is not possible to forgive someone if feelings of hate still arise when thinking...
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...life. My brother, David, being two years older than me, was my idol. I always looked up to him and wanted to be just like him. Little did I think, he would leave me wanting to have nothing to do with him. My family was all born in Houston, Texas, where David and I attended local public schools. He was always a straight A student with honors. He played baseball and was developing what everyone thought would be his career. David surrounded himself around many friends and loved going places with them. I always wanted to go with them but my brother always told me I was too young. David loved baseball; he was the star pitcher and short stop for the high school team, when he was still in the eighth grade. He had the dreams of becoming a baseball player for the Atlanta Braves. He had every opportunity to have success in achieving his goal. His coaches, teachers, and family were so proud of the way he accomplished everything. Every move he made, I felt as if everyone was applauding him. Then everything took a turn. My mother came home from work one day and we could all see something was wrong. I’ll never forget those words that came out of her mouth, “We have to move, I’m being transferred.” She explained that we were to move to California because of her job and there was nothing she could do about it. At that moment my brother froze, and I watched his eyes begin to fill with water. Out of the thirteen years I had known my brother, I never once had...
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...#8, Cabugao Dayanara Rose Ticlao ARC2 9:00 am – 11:00 am CTHM 2H3 Asst. Prof. Robinson V. Laxa What is Arnis? Arnis is also known as kali, escrima, baston. It is the best known and the most systematic fighting art in the Philippines. The origin of the term ‘Kali’ is uncertain, the word ‘Eskrima’ and ‘Arnis’ are of Spanish origin “ Esgrima” which means fencing, and Arnis meaning “armour”.Consequently, practitioners of this style are referred to as Arnisadores, Eskrimadores or Kalistas. Before I took up arnis, I asked my self about the reason of taking it. Initially it was for self defense, but now it was more a philosophical reason. Arnis is really focused on techniques. So while it can benefit me physically, it’s really about self defense. At this age, 18, I really expect to have many encounters where I need to defend myself. Also the fact that I am studying in Manila, I know I really need to know some techniques for me to protect myself. It is nice to know that I would be able to protect myself and my family if needed with this simple knowledge about arnis. But I guess really the philosophical part comes not directly from knowing how to disarm and subdue an opponent, but from more of the indirect aspects. Arnis forces you to focus so course it will help you to improve...
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...and how he uses forgiveness to move on from his past and to end the violence. He shows this through many ways throughout the movie with different people. Amir had a tough childhood in many ways but also was very privileged. He had challenges being friends with Hassan. They were from two different social classes and Amir got teased and ridiculed because of it. When things got tough Amir froze Hassan out. For example when Hassan was physically assaulted. Finally Amir and his dad left altogether when there home got taken over by soldiers after the fall of the Monarchy in Afghanistan. Amir was so guilt tripped for leaving his friend, in the movie he takes us on his journey of how he finds forgiveness and gives forgiveness to move on from his violent past. Amir does not try to contact Hassan when he left, trying to push it behind him but the guilt is too much and he is curious to what happened to his friend. He becomes a successful writer and takes a trip back to his home and finds out Hassan was killed when things got dangerous. Amir sets off to right his wrongs and starts with Hassan’s son. He tracks him down in an orphanage and makes a plan to rescue him from the dangers of Kabul. Seeking to do the right thing and right his wrongs from the past. He tries to forgive himself through Hassan’s son to end the circle of wrongs that happened in his childhood, to use forgiveness as a means of moving on from everything. In order for Amir to move past his violent memories he has...
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...you need to cover when relocating one must think about location, expense, availability, and value of the move. When offered a new position to locate from Modesto, ca to San Diego, ca ones has to account for all reasons stated above. Taking a look at the value of the move one had to determine if the move would be beneficial to his or her family and if the move would be in the family’s interest. In this situation the move was in the family’s best interest due to the struggling economy in Modesto, ca which made the move a smart choice. The other factor that had to be considered is the expense of the move. When talking about expenses he or she was thinking about the cost of moving and also the cost of leaving. Having to figure out the amount the family would be able to afford but also the price and expense of all moving equipment. I this case the company that was hiring did not offer a relocation moving expense therefore all expenses that the family would incur would come from the family and not the company. When looking at location it also tied in with expense due to the cost of living in the new location. When the family had never lived in the city that they were relocating to the factors that they had to consider were the cost that each new neighborhood. One has to account for the amount of time it took he or she to commute everyday and also the safety of the community. With all the decisions that had to be made in such a limited time one could...
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...What elements are consistent between the various models of communication? What elements are changed or added as you move from one model of communication to the next? Effective communication plays a vital role in the success of every professional and personal relationship. Becoming a skilled communicator requires you to learn the roles of every element of communication. You can use these elements in many ways, including public speaking, interpersonal relationships, media development and business relations. The basic communication model consists of five elements of communication: the sender, the receiver, the message, the channel and feedback. As we move from one model to the next, they all pretty much change in accordance with the topic being discussed, and who it’s being presented to. Can you think of a communication experience in your own life where the interaction was similar to that shown in the linear model? In this interaction, you may have been the sender or receiver with little or no feedback. However, most communication situations are better represented with the transactional model, in which the participants are engaged in real dialogue. There have been several situations where the communication was, I thought, submitted clearly, but was interpreted by the one listening, completely wrong. This is most common in being married. Talking to your spouse is, I think, one of the biggest examples I can give as to not being “heard” because the other is “just not listening...
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...During the course of AAA 412, there was a major focus on what is next for Africa. Many classes the chronical the journey of Africa, and discuss Africa as a war torn continent, that all major powers in the world want control over because of the vast amount of resources. However, this class talked about the advantages that Africa has, and the possibilities that are ahead for its people and its citizens. This class specifically discussed West Africa and the unique challenges that it has faced and continues to face. However, it was not all doom and gloom, it presented a picture of hope for Africa, and presented solutions to their problems. This is what I found to be most compelling over the course of the class. The idea that Africa, and specifically West Africa, possibly can move past colonialism, imperialism, war, and poverty, to...
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...neutral, lacking a moral sense, or unconcerned with the rightness or wrongness of something, while the word moral means concerned with the principles of right and wrong behavior, and the goodness or the badness of the human character. Therefore, when someone says that music is amoral, they are stating that music has no grasp, or affect on us, and that it's just something we listen to. That it is neutral. But, if that is true, then why does the sound and beat of certain music make us want to do different things? Such as dance, tap our foot, and march? Or make us feel relaxed, pumped up, happy, or sad? There's only one reason. Music is not amoral! Music is a very powerful tool that can be used to sway people to and fro. It is a language that reaches into your soul and can change anything about you. Your attitude, your choices, your character, everything about you. The book,Music in the Balance, states that, "The language of music is readable, writeable, and recite-able, and anything that can be read, written, and recited carries moral weight." Music is also a universal language. No matter what nationality or race you are, no matter what language you speak, music all affects us the same. No one is above the influence of music, and if you listen to the wrong things, then you will do, think, and say the wrong things. The bible says in Luke 6:45 -- “45. A good man out of the good treasure of his heart bringeth forth that which is good; and an evil man out of the evil treasure...
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...great. not Let stand stet Remove the battery cables. New paragraph The box is full. The meeting will be on Thursday. Remove paragraph break The meeting will be on Thursday. no All members must attend. Move to a new position All members attended who were new. Move left Remove the faulty part. Flush left Move left. Flush right Move right. Move right Remove the faulty part. Center Table 4-1 Raise 162 Lower 162 Superscript 162 Subscript 162 Period . Rewrite the procedure Then complete the tasks. ‘ Apostrophe or single quote ‘ The companys policies were rewritten. ; Semicolon stet ¶ no ¶ . He left however, he returned later. ; Symbol Meaning Example : Colon There were three items : nuts, bolts, and screws. , Comma Apply pressure to the first, second and third bolts. -| Hyphen A valuable byproduct was created. Spell out The info was incorrect. sp Abbreviate The part was twelve feet long. Align Personnel Facilities Equipment Underscore The part was listed under Electrical. Run in with previous line He rewrote the pages and went home. Em dash It was the beginning so I thought. En dash The value is 120 408. Set in italics The book was titled Technical Writing Styles. bf Set in bold This is the only time we can offer this price. bf wf Wrong font This is the first step in the procedure. wf Set in small caps Set the MFG...
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...The alternative for sugar had evolved into so much more sugar today, making processed foods very unhealthy; salt has also increased in processed foods over the years (“A SAD History of the Standard American Diet and Where We Went Wrong”) Americans are so used to chemicals in foods, that some do not know what real, non-artificial food is. With the antibiotics and non-naturally occurring hormones, our bodies get confused on how to take it in (“A SAD History of the Standard American Diet and Where We Went Wrong”). Processed foods still sold and eaten today even though some people may know it does not benefit your health Chemicals are not meant to be eaten; that is why cleaning products have warning labels saying it is harmful if swallowed. Americans would probably be 100 times more healthier if these events had not taken place. The government has been trying to change what Americans eat using taxes and calorie counts. Many people believe that the government should change people’s eating...
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...looking to get a promotion as a manager soon. Currently he or she is doing some shift leading from time to time. However, you notice that sometimes while he or she is shift leading he or she takes advantage of the little bit of authority that they have been granted for his or her eight hour shift. Now you have brought the change in the shift leader’s attitude to the attention of your managers. You have explained that there is a little abuse of authority with, yelling, name calling, snatching things from other employees hands, not giving lunch breaks, gossiping about other employees to their employee friends who happen to work there, and so forth. The managers state that they will look into it and handle it, not to worry. This is where it all begins. I worked for Lowes Home Improvement Store for about a year. I enjoyed working there. I liked working with the public, making customers happy, giving them my input on their home improvement needs and them actually taking my advice. It made me feel really good. Some customers were so happy with some of my suggestions...
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