...MBA 6053, Economics for Managers Course Syllabus Course Description Review of managerial economics and problems encountered in firm management. Examines changing economic environment, business trends and fluctuations, and introduces forecasting techniques. Prerequisites None Course Textbook Keat, P., & Young, P. (2009). Managerial economics (6th ed.). Upper Saddle River, NJ: Prentice Hall. Course Learning Objectives Upon completion of this course, students should be able to: 1. Discuss managerial economics and its relationship to microeconomics and other related fields of study such as finance, marketing, and statistics. 2. Decide economic goals for the firm and develop optimal decisions that will bring the firm closest to those goals. 3. Define supply, demand, and equilibrium price. 4. Apply the concepts of price elasticity, cross-elasticity, and income elasticity. 5. Specify the components of a regression model that can be used to estimate a demand equation. 6. Define production function, and explain the difference between a short-run and a long-run production function. 7. Distinguish between economic cost and accounting cost. 8. Describe the key characteristics of the four basic market types used in economic analysis. 9. Cite the main differences between monopolistic competition and oligopoly. 10. Analyze the practice of cartel pricing. 11. Illustrate game theory, and explain how it helps better understand mutually interdependent management decisions. 12. Define...
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...Assignment: Self Review Communication Improvement Plans, Parts 1, 2, 3, and 4 This week, you will evaluate your Self Review Communication Improvement Plans, Parts 1, 2, 3, and 4 of the textbook. Answer the following questions about your Self Reviews. Self Review Part 1: Do the Self Review for the end of Part 1, Foundations of Communication on page 110. Compare this to the first Self Review on Part 1 that you did in Week 1. Read over the communication improvement plan for Part 1 that you wrote during Week 1. Have you changed any of these communication behaviors during this course? Were you able to implement this Part 1 Plan? Why or why not? part 1 Self Review Foundations of Communication Establishing a Communication Foundation from Chapters 2 through 5 What kind of a communicator are you? This review looks at several specifics that are basic to effective communicators. On the line provided for each statement, indicate the response that best captures your behavior: 1, almost always; 2, often; 3, sometimes; 4, rarely; 5, never. _3__ | When I speak, I tend to present a positive image of myself. (Chapter 2) | _3__ | In my behavior toward others, I look for more information to confirm or negate my first impressions. (Chapter 2) | _3__ | Before I act on perceptions drawn from people’s nonverbal cues, I seek verbal verification of their accuracy. (Chapter 2) | _1__ | I use specific language when I speak, avoiding generalizations that could be misinterpreted. (Chapter 3) | _2__...
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...ndIvIdual Performance revIew (IPr) Guidelines for Supervisors and employees September 2011 Human Resources IndIvIdual Performance revIew (IPr) 2 Table of conTenTS Individual Performance Review (IPR) Guidelines Definition of Terms CHaPTeR 1: Goals How it works CHaPTeR 2: RevIew How it works n Preparing for the meeting n In the meeting n after the meeting CHaPTeR 3: aPPRaIsal (YeaR-enD aPPRaIsal) How it works n Preparing for the meeting n In the meeting n after the meeting CHaPTeR 4: PeRfoRmanCe RankInG How it works n Preparing for the ranking panel n ranking panel session CHaPTeR 5: ouTComes How it works n Preparing for the discussion n discussion n Performance share nomination n Pay outcomes appendix - factors affecting Performance Ranking 3 4 5 5 6 6 6 6 6 7 7 7 7 7 8 8 8 8 9 9 9 9 10 10 11 within the objectives of simplifying and standardising Hr processes across the Shell Group, these global guidelines are distributed for adoption by Shell Group companies. any resulting changes to current practices may require, in some locations, compliance checks with local legislation and/or consultation with employee representative bodies. no rights can be derived from this guide and the process described within is not contractually binding in relation to terms and conditions of employment or agreements with Trade unions or Staff councils. This guide is intended for managers and employees of the Shell Group and is consequently for internal Shell use only...
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...Your Postgraduate Programme Learning Goals At the end of your programme of study you will have achieved the following goals: * Goal One: Be independent, reflective critical thinkers * Goal Two: Be culturally and ethically aware * Goal Three: Have developed leadership and management capability * Goal Four: Have developed and applied knowledge of international business and management theory * Goal Five: Have developed a range of research skills and project capabilities * Goal Six: (Specialist programmes only) Have developed specialist knowledge about the theory and practice of your programme of study All of the learning that takes place within modules is designed to enable you to achieve the above goals and your assessment tasks are mapped directly to these goals as outlined in each assessment brief. OUTLINE STUDY PLAN 2012/2013 | | Global Supply Chain Management MO0255 | S01 | Week | Lectures | Lecture Topic | Seminar | Recommended Reading | Directed study | 1 | Lecture 1 | Module Introduction | Making the groups of 4-5 studentsCase Study ReviewIntroduction to operation management (Operation Objectives in the Penang Mutiara Hotel) | Slack, N. (2010), sixth Edition, Chapter 2 | -Reading the TLP carefully-Reading stipulated chapters 1, 2 and 3 of the Slack, N. (2010). | | Lecture 2 | Introduction to Global Supply chain and management | | Slack, N. (2010), sixth Edition, Chapter 13 | -Evaluate the supply chain performance...
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...distributions. Write and test a hypothesis. Contrast and compare descriptive, correlational, and qualitative non-experimental research. Contrast and compare experimental and quasi-experimental research. Write a publishable research proposal paper using APA guidelines. Apply ethical research standards. Credits Upon completion of this course, the students will earn three (3) hours of college credit. Course Structure 1. Unit Learning Outcomes: Each unit contains Learning Outcomes that specify the measurable skills and knowledge students should gain upon completion of the unit. 2. Unit Lesson: Each unit contains a Unit Lesson, which discusses unit material. 3. Reading Assignments: Each unit contains Reading Assignments from one or more chapters from the textbook. Suggested Readings are provided in the Unit I, II, III, IV, V, and VIII study guides to aid students in their course of study. The readings themselves are not provided in the course, but students are encouraged to read the...
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...College Success Helpful Tips For College and Life “Becoming a Time Manager and a Goal Setter” is a chapter that teaches skills that can used in every part of life. The purpose of this chapter is to teach you how to manage your time and establish goals in each area of your life. Some types of goals are an immediate goal, which is achievable in a few hours. A short-term goal is achievable within the range of a week to a term. An intermediary goal is achievable a year or more. A long-term goal is achievable in a matter of years (Wong 108). A helpful tool in establishing your goals is STSR. It is: • Set Specific, clear and realistic goals. • Set a specific Target date and time to complete each goal. • Identify the individual Steps involved in reaching the goal. • Plan a Reward for yourself when you reach the goal (Wong 110). Linda Wong warns that trying to achieve too many goals at one time can be overwhelming. Use her ABC Method to prioritize your goals. You need to: • List all the goals you want to achieve. • Assign a priority letter A, B, C to your goals. • Then achieve goal one at a time based on your priority rating (Wong 115). Then once you establish your educational, work and leisure time goals you are directed to learn how to create a weekly time schedule. It is important to be realistic when creating your schedule such as having a rotating work schedule. You might have to adjust the schedule...
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...Characteristics of a Successful Student Many students in high school do not know what it takes to be successful in the school environment. They understand good and bad grades in a general way, and they sense that they should attend classes, but that is where their knowledge begins and ends. Most teachers know what a good student is - and is not. For one thing, a good student is not necessarily the most intelligent individual in the class. The following is a list of some characteristics of good students. This list is a description of what a hard-working student does and what a teacher likes to see. By learning these characteristics, you may better understand the day-to-day and class-to-class behavior of successful students. The idea is to provide you with guidelines you can follow which will help you get down to the business of becoming a serious, successful student. 1. Successful students attend classes regularly. They are on time. They listen and train themselves to pay attention. If they miss a class, they feel obligated to let the teacher know why before class begins, if possible, and their excuses are legitimate and reasonable. They make sure they get all missed assignments (by contacting the teacher or another student), and understand specifically what was covered in class. Successful students take responsibility for themselves and their actions. [pic] 2. Successful students take advantage of extra credit opportunities when offered. They demonstrate that...
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...writing * Chapter 1 usually includes * Some intro material to present the topic * The research problem background * The problem statement * The purpose of the study * The research question * The research hypothesis * The definition of the terms * The limitations and delimitations of the study Table of Contents Example Chapter one Introduction Abstract (vague overview) Introduction Problem background ( this section provides the historical, social and theoretical context for the problem that is to be addressed.) Research question is developed on theories. Is it a distillation or summary of the most relevant background literature presented when the review of the literature was written. The problem which will be studied really needs to be an actual problem, an actual situation that is affecting the organization/institution. The problem must be supported by documentation. * How the problem evolved over time * What is the context of the problem Problem statement ( the heart of the dissertation) * The problem * The need * The “fit” within existing research * The potential significance; and * The research approach Purpose of the study ( This is where the candidate writes clearly and succinctly the focus and intentions of this current research effort. All previous writing funnels to this specific statement. Give support to the worthiness of the study Have a clear understanding of the essential goals or products...
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...experiences, Fayol had a belief that managers, regardless of business should follow the functions of management. This statement has proven to be true for many organizations. Below will describe each function and how it relates to the company Liberty Mutual. Planning Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals (Bateman & Snell, Chapter 1, 2009). Planning assists organizations review their current processes, seek new objectives and strategies, gather resources, and anticipate the future to conquer their goals. Planning requires good decision-making skills, awareness of environmental conditions, and understanding for the future. At Liberty Mutual, the planning process was similar to the top down-approach. As the company has grown, the current planning process involves every level of employees. Each department has a subject matter expert that works with all employees within the department to develop better procedures and practices to help the company prosper. This process includes financial research, competitive advantages and disadvantages examination, process changes, productivity results, and quality review. Proper planning has helped Liberty Mutual become one of the top three insurance companies and proves to be a successful function of...
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...About the Author Preface v PART ONE ENVIRONMENTAL AND ORGANIZATIONAL CONTEXT Evidence-Based Consulting Practices 1 iv Organizational Behavior Case: Conceptual Model: Dream or Reality? 30 Chapter 2 Environmental Context: Globalization, Diversity, and Ethics 31 1 Learning Objectives 31 Globalization 31 Diversity in the Workplace 34 Chapter 1 Introduction to Organizational Behavior: An Evidence-Based Approach 5 Learning Objectives 5 The Challenges Facing Management 6 Undergoing a Paradigm Shift 8 A New Perspective for Management 10 Evidence-Based Management 12 Historical Background: The Hawthorne Studies Reasons for the Emergence of Diversity 35 Developing the Multicultural Organization 38 Individual Approaches to Managing Diversity 39 Organizational Approaches to Managing Diversity 41 Ethics and Ethical Behavior in Organizations 46 47 The Impact of Ethics on "Bottom-Line " Outcomes 13 The Illumination Studies: A Serendipitous Discovery 13 Subsequent Phases of the Hawthorne Studies 14 Implications of the Hawthorne Studies 15 Research Methodology to Determine Valid Evidence 16 The Overall Scientific Perspective 16 Starting with Theory 17 The Use of Research Designs 18 The Validity of Studies 19 Summary 49 Ending with Meta-Analytic Research Findings 50 Questions for Discussion and Review 52 Internet Exercise: Ethical Issues in the Workplace 52 Organizational Behavior Case: How Far-Reaching Are Globalization and Technology? 52 Organizational Behavior Case: I Want...
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...Successful Transitions: Beginning Graduate Studies Many students find the shift from undergraduate to graduate studies to be more challenging and therefore more surprising than the transition they experienced when they moved from high school to university. There is more reading, more lab time, and more writing. The ideas, discussions, and questions are at a higher level. There’s a reason that not everyone does this! Entering your studies with a clear purpose and sense of direction, informed by a thorough understanding of new responsibilities and expectations, can help you to adapt better to the new demands of Masters and Ph.D. level research, organization, presentation, and writing. Perfectionism. Many academics would characterize themselves as perfectionists. To a certain extent, this is a healthy trait that promotes self-awareness and hard work. However, perfectionism can also be crippling as it can make you feel as if you can’t write a paper or make a comment unless it is absolutely brilliant. Remember, you are a student, not an expert. You are discovering new terms, concepts, and areas of study. Your first draft or class presentation will never be perfect, so don’t put too much pressure on yourself. The Counselling Centre offers excellent support for perfectionism. For more information, visit the Centre’s web site at: http://www.trentu.ca/counselling/ Your Key Responsibilities Common Challenges in Graduate Studies Finding Balance. It is easy to...
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...CHAPTER 1 Understanding the Manager’s Job CHAPTER 1 QUESTIONS FOR REVIEW 1. What are the four basic functions that make up the management process? How are they related to one another? The four basic functions of the management process are planning and decision making, organizing, leading and controlling. Managers utilize all of these processes to achieve the goals of their organization. 2. What are the four basic activities that make up the management process? How are they related to one another? The basic activities that make up the management process include setting goals and determining how to best achieve these goals. Once a manager has set these goals they must determine the necessary resources to carry them out. Leadership and motivation are a vital element as well as controlling the activities to meet the goals. 3. Identify several of the important skills that help managers succeed. Give an example of each. Technical skills are necessary for managers so that he or she can understand the type of work that is done in their organizations. Managers must also possess good interpersonal skills which are the ability to listen to a subordinate as well as convey ideas of the company. This skill might also be helpful in motivating individuals. Time management is also an important skill for managers. Effective managers can prioritize work load, make sure it is done in the most efficient manner as well as delegate specific duties. 4. Briefly...
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...MBA 5501, Advanced Marketing Course Syllabus Course Description An overview of advanced topics in marketing planning, strategy, analysis, and control. Emphasis on consumer needs and analysis, market position, competition, and public policy environment related to marketing activities. Prerequisites None Course Textbook Kotler, P., & Keller, K. L. (2012). Marketing management (14th ed.). Upper Saddle River, NJ: Prentice Hall. Course Learning Objectives Upon completion of this course, students should be able to: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. Explain both the Marketing Concept and the Holistic Marketing Concept. Analyze the macroenvironments as related to the marketing process. Illustrate the use of marketing research and the forecasting of demand. Describe the development of customer value, satisfaction, and loyalty. Explain the use of customer relationship management in cultivating customer relationship. Illustrate the consumer buying process and the organizational buying process. Illustrate market segmentation, market targeting, and brand equity. Describe positioning and differentiation strategies. Illustrate the development of product strategy and explain competitive strategies. Explain the marketing strategies for service companies. Identify and explain the various pricing strategies. Describe the management of the retail and wholesale business. Classify the management of advertising, sales promotion, events, and public relations. Identify...
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...Preface v PART ONE ENVIRONMENTAL AND ORGANIZATIONAL CONTEXT Evidence-Based Consulting Practices 1 iv Organizational Behavior Case: Conceptual Model: Dream or Reality? 30 Chapter 2 Environmental Context: Globalization, Diversity, and Ethics 31 1 Learning Objectives 31 Globalization 31 Diversity in the Workplace 34 Chapter 1 Introduction to Organizational Behavior: An Evidence-Based Approach 5 Learning Objectives 5 The Challenges Facing Management 6 Undergoing a Paradigm Shift 8 A New Perspective for Management 10 Evidence-Based Management 12 Historical Background: The Hawthorne Studies Reasons for the Emergence of Diversity 35 Developing the Multicultural Organization 38 Individual Approaches to Managing Diversity 39 Organizational Approaches to Managing Diversity 41 Ethics and Ethical Behavior in Organizations 46 47 The Impact of Ethics on "Bottom-Line " Outcomes 13 The Illumination Studies: A Serendipitous Discovery 13 Subsequent Phases of the Hawthorne Studies 14 Implications of the Hawthorne Studies 15 Research Methodology to Determine Valid Evidence 16 The Overall Scientific Perspective 16 Starting with Theory 17 The Use of Research Designs 18 The Validity of Studies 19 Summary 49 Ending with Meta-Analytic Research Findings 50 Questions for Discussion and Review 52 Internet Exercise: Ethical Issues in the Workplace 52 Organizational Behavior Case: How Far-Reaching Are Globalization and Technology?...
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...1 Self Review Foundations of Communication Establishing a Communication Foundation from Chapters 2 through 5 What kind of a communicator are you? This review looks at several specifics that are basic to effective communicators. On the line provided for each statement, indicate the response that best captures your behavior: 1, almost always; 2, often; 3, sometimes; 4, rarely; 5, never. __3__ When I speak, I tend to present a positive image of myself. (Chapter 2) __3__ In my behavior toward others, I look for more information to confirm or negate my first impressions. (Chapter 2) _3__ Before I act on perceptions drawn from people’s nonverbal cues, I seek verbal verification of their accuracy. (Chapter 2) __3__ I use specific language when I speak, avoiding generalizations that could be misinterpreted. (Chapter 3) __3__ I speak clearly, using words that people readily understand. (Chapter 3) __2__ When I am speaking with people of different cultures or of the opposite sex, I am careful to monitor my word choices. (Chapter 3) __4__ I tend to look at people when I talk with them. (Chapter 4) __2__ Most of my sentences are free from such expressions as “uh,” “well,” “like,” and “you know.” (Chapter 4) __4__ I consider the effect of my dress on others. (Chapter 4) __3__ I try to make sure that my nonverbal messages match my verbal messages. (Chapter 4) __3__ I listen attentively, regardless of my interest in the person or the ideas. (Chapter 5) __1__...
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