...across Europe are reading many of the same publications, but still more often they read national magazines and newspapers. Management is management • Management is management, consisting of a set of principles and techniques that can be universally applied. • However, different practices (such as management) are shaped by its cultural origins, and so is management. • Also, different notions of organizations (relationships vs. tasks) and different HRM practices based on motivations of employees (intrinsic vs. extrinsic). • Good management is culturally sensitive management: best fit between people’s motivation and tasks. • Sensitivity towards invasion of foreign companies and their business ideologies and practices. 2. Despite technological & economic forces for integration/convergence, there are equal or greater forces for fragmentation, one of them being culture. Culture as a source of competitive advantage/disadvantage • Culture can provide source of competitive advantage (Michael Porter): availability of resources, size and sophistication of the market, nature of government intervention and type of strategic linkages/networks. Culture & institutional...
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...of Products On the basis of nature of product • Goods Vs Services On the basis of type of consumer • Tangible Vs. Intangible • consumer Product Vs. Industrial (Business to Business Product) e.g. soap Vs. Printing Press On the basis of durability of goods • Durable Vs. Non-Durable • TV Set Vs. Toothpaste 1 Indian Institute of Technology Madras Management Science II Dr. S.Bharadwaj Shopping Habits Classification They can also be classified on the basis of shopping habits • Convenience goods, shopping goods, specialty goods and unsought goods • Let us have a look at these Convenience goods • Fairly Inexpensive Goods and services that consumers buy frequently, quickly, and with a minimum of effort • Further divided into staples, impulse goods and emergency goods Shopping Habits Classification • Staples: These include goods that consumers buy on a regular basis • Examples would be bread, rice, atta, toothpaste and so on • If you are a marketer of staples, what should you do? • Availability is important: hence distribution strength is a great advantage • Build the TOMA factor • Inertia is there, and hence TOMA maybe important • Sales promos and advertising important too Then we have Impulse goods • Goods that consumers pick up without planning, on a sudden urge • What does one do as a Marketer? 2 Indian Institute of Technology Madras Management Science...
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...ADVANTAGE TECHNOLOGY NETWORKS PRACTICE PROCESS BALANCE PERFORMANCE SUPPLY CHAIN SUPPLY CHAIN THE &THE VS. HYPE REALITY 46 SUPPLY CHAIN MANAGEMENT REVIEW · SEPTEMBER/OCTOBER 2001 www.scmr.com The conventional wisdom is that competition in the future will not be company vs. company but supply chain vs. supply chain. But the reality is that instances of head-to-head supply chain competition will be limited. The more likely scenario will find companies competing— and winning—based on the capabilities they can assemble across their supply networks. By James B. Rice, Jr. and Richard M. Hoppe A n increasingly vocal and popular sentiment holds that the nature of competition in the future will not be between companies but rather between supply chains. If this does, in fact, represent the future, how will these chains actually compete against each other? And what can practitioners do now in anticipation of this future? In contemplating the much-ballyhooed supply chain vs. supply chain (SC vs. SC) proposition, we first sought examples of this competition in action. Yet for as many examples of SC vs. SC competition that we found, there were at least as many places where the model didn’t fit. On the one hand, we saw vivid examples where one company or a series of companies had designed supply networks to act with singular focus against other unique companies or groups of companies—for example, Brax, Perdue Farms, and Tyson Foods. Yet more...
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... When I watch the news I see a lot of Individual vs. Society, and Individual vs Self. I see a lot today about tattoos on television and how more people are more and more tattooed, and if this acceptable I personally am tattooed, so I can identify with the people who talk about this as well. I struggle with myself about the tattoos I have choose to get and where I have choose to get them. I am in a field where I can’t have them where mine are. However, I can also conceal mine with the proper clothing. In society I struggle with acceptance about the tattoos I do have and looking for work with them. I get dirty looks and sometimes you just get rude comments, because a lot of society still has no accepted that everyone is different and will live the way we want to live. For Individual vs nature while watching television there was a show where a man was letting an anaconda eat him alive. He had protective gear and he was protect and it could be stopped at any point. Even though he was attempting this to gain more research on the animal, as the snake started to eat him he had to stop because the snake was so powerful that he could feel his bones getting ready to give in. This to me is a great example about nature. I have camped my whole life however I would never go up to a random snake, because snakes can kill you and if you do not know if it is deadly or not then you are at a disadvantage. When I look at Individual vs Technology I look at how every year we come out with new computers...
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...of literary work, it may also refer to theatrical, cinematic or musical work. Fiction contrasts with non-fiction, which deals exclusively with factual (or, at least, assumed factual) events, descriptions, observations, etc. (e.g.,biographies, histories). Contents [hide] * 1 Types of fiction * 1.1 Realistic fiction * 1.2 Non-realistic fiction * 1.3 Semi-Fiction * 2 Elements of fiction * 2.1 Plot * 2.2 Exposition * 2.3 Foreshadowing * 2.4 Rising action * 2.5 Climax * 2.6 Falling action * 2.7 Resolution * 2.8 Conflict * 2.8.1 Types of conflict * 2.8.1.1 Person vs. self * 2.8.1.2 Person vs. person * 2.8.1.3 Person vs. society * 2.8.1.4 Person vs. nature * 2.8.1.5 Person vs. supernatural * 2.8.1.6 Person vs. machine/technology * 2.9 Character * 2.10 Methods of developing characters * 2.11 Symbolism * 2.12 Metaphor * 3 Types of plots * 3.1 Chronological order * 3.2 Flashback * 3.3 Setting * 3.4 Theme * 3.5 Style * 4 Categories * 5 Forms of fiction * 6 Uses of fiction * 7 See also * 8 Notes * 8.1 Footnotes * 8.2 Citations * 9 External links | ------------------------------------------------- [edit]Types of fiction [edit]Realistic fiction Realistic fiction, although untrue, could actually happen. Some events, the people, and the places...
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...establish the mood in the first 3 chapters of the novel? Introduction Willam Golding creates an evil mood in Lord Of The Flies. But how does he do it? He does it in 3 main ways. Read on to find out more. Chapter 1 In chapter 1, Golding introduces the novel's major characters as well as its theme: that evil, as a destructive force in men, society and civilization, is in all of us. To illustrate this theme, Golding uses several motifs: civilization vs savegery, human nature vs animal nature, technology vs nature, and the intellegent vs the physical. As the characters interact with each other and their environment, so do the forces they represent. By making the characters interact with these forces, it allows Golding the opportunity to compare and contrast between both forces and characters. The novel opens with a description of “the long scar smashed into the jungle”. This signifies to the audience that the plane has crashed on an island without civilization. It also makes the forces contrast between each other (technology vs nature). This is a persuasive technique used by Golding to make the audience want to read more. Ralph is elected as leader for superficial reasons. He is a a charming, handsome boy who appears to be in charge because of his use of the conch, which functions for him at the moment of his election as a symbol of authority. Although it was Piggy's quick thinking to use the conch to summon the others, hampered by asthma, he must allow Ralph to do the summoning...
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...1)Profit seeking motive: An investment made at inception period with view to dispose off for a profit at subsequent stage cannot itself be regarded as business in nature. Other relevant factors will also contribute hand in hand together, in determining the badges of trade. This includes circumstances responsible for realisation, period of ownership and etc. 2)Acquisition method Inheritance Vs Acquisition. Acquisition with Goodwill Vs Acquisition with Negative Goodwill. 3)Income earning asset Vs income earning process Disposal of capital item can be viewed more towards capital in nature, whereas earning derived from the process of business (i.e.: rental income earned from leasing office tower) can be regarded more buy antibiotics online as business in nature. 4)Subject of the realisation Whether the item acquired or disposed off is more of personal consumption, or public commercial consumption and disposal. If the items are to be bought and sold in large quantity with commercial substance, in view of obtaining economic benefit from the realisation of item sold. Then, trade in nature is more relevant. 5)Length of ownership 6)The way in which cialis sale online the sales are concluded 7)Frequency of occurrence of similar transactions Vs One-off 8)Accounting treatment 9)Magnitude of receipt 10)Modification of the assets/additional work-in-progress attached to the products 11)Circumstances responsible for realisation 12)Method of financing 13)Compensation for breach...
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...Seminar Option 2 1.) Define the differences between the following terms: a) Natural Medicine vs. Biomedicine Natural Medicine is considered alternative medicine, which is any medical therapy that is not a synthetic drug or surgery. Natural medicine is the science and art of preventing, curing, or alleviating ill health by using treatment modalities in harmony with the laws of nature. Natural medicine cares for and treats individuals not disease entities. Biomedicine refers to conventional medicine. Biomedicine is based on the biological understanding of the organism. There is emphasis on disease and high technology rather than on health and individualized care. b) Plant vs. Drugs Plant is something that is grown in nature that is natural. A drug is something that is chemically processed in order to create the substance that is wanted. c) Vitamins vs. Minerals Vitamins are organic compounds that release energy from food, develop red blood cells, help in blood clotting and help in maintaining healthy skin, eye, and hair. All vitamins are required by the human body for healthy nutrition. Minerals have a denfinite chemical composition, minerals are inorganic compounds, and they help in bone and tooth formation, blood coagulation and muscle contraction. Only some minerals are required by the human body for nutrition. d) Plant Constituents vs. Accessory Nutrients Accessory nutrients are beneficial nutrients that your body either can make or, if...
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...Facebook vs. Twitter Unit 3 Facebook vs. Twitter Case Study Analysis Kaplan University School of Business and Management MT460 Management Policy and Strategy Helen Corbett Professor: Donna DiMatteoGibson August 23, 2011 Introduction Facebook is a social networking website launched in February 2004. Facebook has gained in, as Sarah Lacy calls it, “some made-up social media war”, on its’ at one time rivalries: MySpace and LinkedIn. However, Twitter, another, very similar, social networking site, was started in 2006, and has forced Facebook onto a collision course. It is clear that the monopoly of social networking that is held by face book appears to be now threatened by twitter. Facebook in the pass was once threatened by MySpace and LinkedIn but has since gained momentum in the years gone by. Synopsis of the Situation The Facebook vs. Twitter case concerns the two similar social networking websites, and Facebook facing the upcoming threat by Twitter. The case presents similarities between Facebook and Twitter, as well as the advantages of each. In spite of the networking monopoly that Facebook seems to have they still being threatened by twitter in reference to their social networking strategies. This case in its entirety illustrates the similarities among the two. They also depict their differences as well. Key Issues Issues identified in the Facebook vs. Twitter case, regarded Twitter’s advantageous characteristics: its so-called asynchronous...
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...outputs * i.e. self-contained * Today we are in an open mind approaching a closed one * Morals are keeping us in the open for now * Econospherethe total worth of everything we have * Fossil fuel is buried sunshine * Shift from Cowboy Economy—people believe that there are unlimited shits, i.e. like the wild west to Spaceship Economy * Spaceship Economywe have only brought enough food/resources for the people we are carrying and must make it last for as long as we can * Stresses resource management * Doesn’t really consider environmental impact as much as more about conservation * Focuses more on population vs. environmental impact * Entropy (?) * Spaceman Economy living within our means, don’t worship production vs. costs… more conservation concerned * Fracking is a good example of us still in a cowboy mode although we are shifting toward Spaceman * Reference to Ethics—ethics, it is us, it is a plural term… we have an ethical obligation to think of future generations * Solutions at the end of the article * 1) Using taxation to deter others * 2) Correction to price system higher price higher quality * 3) Legislative action 2) Garrett Hardin: “The Tragedy of the Commons” (1968) * Background: * Lived in US (1915-2003) * Professor Human Ecology at UC Santa Barbara * Known for Hardin’s First Law of Ecology: stating the impossibility...
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...outputs * i.e. self-contained * Today we are in an open mind approaching a closed one * Morals are keeping us in the open for now * Econospherethe total worth of everything we have * Fossil fuel is buried sunshine * Shift from Cowboy Economy—people believe that there are unlimited shits, i.e. like the wild west to Spaceship Economy * Spaceship Economywe have only brought enough food/resources for the people we are carrying and must make it last for as long as we can * Stresses resource management * Doesn’t really consider environmental impact as much as more about conservation * Focuses more on population vs. environmental impact * Entropy (?) * Spaceman Economy living within our means, don’t worship production vs. costs… more conservation concerned * Fracking is a good example of us still in a cowboy mode although we are shifting toward Spaceman * Reference to Ethics—ethics, it is us, it is a plural term… we have an ethical obligation to think of future generations * Solutions at the end of the article * 1) Using taxation to deter others * 2) Correction to price system higher price higher quality * 3) Legislative action 2) Garrett Hardin: “The Tragedy of the Commons” (1968) * Background: * Lived in US (1915-2003) * Professor Human Ecology at UC Santa Barbara * Known for Hardin’s First Law of Ecology: stating the impossibility...
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...Globalization Competencies Intercultural Management Lecture by Melanie Hiller Faculty of Mathematics and Economics University Ulm polymundo - Consultancy for Globalization Intercultural Management ISP Melanie Hiller 06.07.2010 1 Content 1. Globalization and Culture?! 2. Culture – What is that? 3. Intercultural Management! Intercultural Management ISP Melanie Hiller 06.07.2010 2 Intercultural Management ISP Melanie Hiller 06.07.2010 3 World Production World Trade World Market Forms of Globalization World Communication Economy World Information World Standards Technique Environment Environmental Consciousness Ecology Environmental Crisis World Politics Politics World Society World Culture Intercultural Management ISP Melanie Hiller 06.07.2010 4 Definition Globalization "Globalization is the continuous interlinking process of different worldwide happening occurrences in the fields of economy, technique, politics, culture and social aspects of nations with interlinked interdependencies and consequences.“ Stehr, C. (2003), p. 47 Intercultural Management ISP Melanie Hiller 06.07.2010 5 Multi-dimensional Process Economy Politics Ecology Technique Social Culture Cp: Teusch, U. (2004) Intercultural Management ISP Melanie Hiller 06.07.2010 6 The cultural Process? Cultural Homogenization? World Culture? Cultural Heterogenization...
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...Ray Bradbury Research Paper The short novel Fahrenheit 451 by Ray Bradbury published in 1953 is a story that revolves around the near future where books and literature and banned and burned. Many aspects of this book where heavily influenced by events that happened in Ray’s life when he was a child and throughout his adulthood. The location of Fahrenheit 451 takes place in an urban American city, no specific name or location given, surrounded by suburban houses in the outskirts of the city. Ray had been living in southern California near Santa Ana around the time had begun writing Fahrenheit 451. It was around 1940 “…Ray wrote what he would later call ‘five ladyfinger firecracker’ which led to the ‘explosion’ of Fahrenheit 451.” (Weller 199) The story takes place in the 20th century with no specific year given where two nuclear wars had taken place since 1990. Ray was inspired by the events taking place at the time such as the rise of Nazi Germany, McCarthyism and the “witch hunt set out by the House Un-American Activities Committee in Hollywood in 1947…” (Weller 199) In addition to the setting, a few, but not all of the characters from Fahrenheit were influenced by certain events from Ray’s life. On a windy autumn night in Los Angeles, Ray had been out on a walk with a friend of his, when “A police car wheeled up beside them. The officer stepped out and approached the two men. He asked what they were doing” (Weller 199) in which Ray responded, “Putting one foot in front...
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...and NASDAQ The potential of making large sums of money in short periods of time can be achieved through the well-minded trading of stocks or equities on a stock market. Two of the most well-known stock trading providers or platforms are the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotation (NASDAQ). If a person is deciding to become an investor they must understand while these two trading platforms have similarities they operate in different realms. Before determining the differences of the NYSE and the NASDAQ the similarities must be explained. Both the NYSE and the NASDAQ offer high-end services and are known for their exchange of stocks in the primary and secondary market (NASDAQ vs the NYSE, 2012). Both trading platforms offer real time details of the daily stock exchanges so investors are able to obtain valuable information at all times regardless of their location (NYSE and NASDAQ, 2012). These details explain which stocks are the most active for the day, the volume of share trades, and which companies have had declines and the percentage of the decline (NYSE and NASDAQ, 2012). With both trading platforms offering these details they both allow investors to make well-informed...
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...MBA 5501-12K-2, Advance Marketing UNIT I CASE STUDY Question/Prompt: How is building a brand in a business-to-business context different from doing so in the consumer market? Building a brand is important to both business-to-business (B2B) and business-to-consumer (B2C) market. Many people think brand building, a marketing activity, is the same in both market, you are still marketing to people. The difference is the nature of the transaction. Buying a product for yourself and buying one for your company are very different process, very different emotional experience. In B2B market, the goal of any transaction is to help the company to stay profitable, competitive and successful (Murphy, 2008). When the purchase affects a company’s operation, the risk of a wrong decision is so high that they need to trust the brand even before they study the specification of the product. According to Overby (2014), a contributing writer of CMO.com, when she interviewed senior vice president of Newark Element14, what the prospects care about the most is that how well the seller understands their needs, their difficulties and how fast and how well this seller’s solution can solve. In other words, to gain trust, the seller has to show the prospects that they know their business, their needs, and their industry. All these only can be done in a long-term relationship building process and “after all, B2B purchaser are buying the supplier along with the product or service” (Donaldson & Rominger, 2009...
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