...EF 5010: Economics for Business Semester B 2014 Syllabus LI King King (李景景) Time and Venue Duration: 17January – 25 April 2014 (Every Friday) Time: 7:00PM-9:50PM Venue: AC2 -1503 Instructor Dr. LI King King Department of Economics and Finance Email: likingking@gmail.com Phone: 3442 7604 Office Location: AC2-5102 Personal Webpage: http://likingking.weebly.com/ Office Hours: Friday 5:00PM-6:00PM or through appointment via email. Email is always a great way to reach me. Course Website: Available on Blackboard Teaching Assistant WONG Chun Kit Christopher Email: chriwong@cityu.edu.hk Phone: 3442 9980 Office Location: AC1-P7706 Office Hours: Wednesday11:00AM-12:00Noon 1 Course Description The fundamental objective of this course is to introduce to managers the important economic concepts and tools to improve their decision-making and to achieve managerial goals. The course will emphasize the economic way of thinking, and will enable managers to better understand the economic environment in which business decisions are made. Developing innovative solutions to business problems will be encouraged throughout the course. Learning Objectives Ø Apply the tools and theories from microeconomics to perform demand and supply analyses. Ø Identify different market structures. Formulate different pricing strategies under different market structures or consumer characteristics. Ø Apply basic game theoretic models to formulate business strategies such as pricing. Ø Understand...
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...civil rights groups and important figures such as Martin Luther King, which contributed to this change, and therefore it would be wrong to say that the Federal Government was the main reason behind the change. To a small extent the Federal Government’s actions did bring about a change in the status of African Americans as it provided legalisations being passed which in turn meant that they did want equality in America. The first president, which started the transformation of African Americans status in society, was President Truman. He wrote a report known as ‘To Secure these Rights’, which highlighted the problems Africans Americans were facing, and it also attracted publicity. Also Truman appointed William Hastie as the first black federal, which obviously showed a change in their status. Not only did their status improve but it also gave confidence to African Americans and showed that there were opportunities available for them. However, this didn’t bring any direct de jure change and so therefore wasn’t effective in the long term. Moreover, despite Truman stating solutions to all the problems he did very little in practice and his ideas were seen as too radical and wasn’t supported Congress. In the years 1955-1964, many civil rights leaders began to become more known, and took direct action in order to bring about change for the African Americans. One significant figure during this time was Martin Luther King, who was the leader of the Montgomery Improvement Association...
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...The 2nd Amendment and the Battle for the Bill of Rights in the United States Christopher Jesus Moya CM220 College Composition II Kaplan University Over the last few years it seems that there has been a noticeable amount of gun crime making its way into the media and thus stirring up a debate on gun control. The government wants to make it seem like strict gun control is the answer to lower crime rates. However, we have the constitutional right to bear arms. Gun control laws will not effectively lower crime rates they will just make it more of a hassle for those who are law abiding citizens to get firearms because criminals that want to obtain firearms will start to find illegal ways to obtain them. There are many questions that can be brought up about gun control and whether or not it is infringing on our American Bill of Rights. It seems to be a huge topic of discussion and in modern America leads to a lot of debate. Some questions that we face on gun-control are as follows. If the government put in place stricter gun-control laws does it infringe on people’s rights to own guns? The current laws that are in place are they truly enforceable? Should the governments’ stricter gun laws prohibit gun sales at gun shows without background checks? Would more guns, not less, prevent shooting massacres or gun crimes like the Sandy Hook Shooting? Also, will banning assault rifles and high capacity magazines lessen gun-violence like so many would like to believe here in...
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...Smoothie King: Information Systems Strayer University Abstract The purpose of this paper is to analyze the case, “Smoothie King”, found in Franchising: An Entrepreneur’s Guide. The writer will identify safe ways to send documents through email. The writer will discuss whether that topic is discussed fully in the case and give his/her reasoning behind it. In addition, the writer will choose three information systems used in the case study and describe the purpose of each and its usefulness to the franchisor/franchisee. Introduction Smoothie King promotes a healthier lifestyle by offering smoothies made with real fruit. They offer 40 different varieties that taste great and are good for you. It is no wonder that they were a hot from the beginning. The smoothie giant has been around since 1987 and began franchising in 1988 (Judd & Justis, 2008). Steve Kuhnau started this mega chain in hopes of remedying his allergies and the rest is history. Smoothie King is among the successful franchises that have utilized information systems to get them to where they are today. Information systems are an important part of the plan for success. There is much to be said about a franchise unit that does not operate using an information system. According to Britannica Online an information system is an integrated set of components for collecting, storing, processing, and communicating information. It is the heartbeat of many franchises and allows owners to...
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...Mike Steverson 2-5-2012 British Airways Case Study: I. Problem(s) you identified from the case a. Two things really, inefficiency and lack of motivation. They had power split up amongst all these separate airlines who were all competing to be the best part of British Airways instead of working together to achieve one powerful company. The recession and economy at some points made it hard to stay motivated and made people frantic and even more competitive within the company because of the threat of losing their jobs. They had way to many employees, outdated operation systems and lost all sense of efficiency. They had poor productivity and horrible customer service. They lost sight of the main goal and had to correct themselves or lose it all. b. This only takes one word. CULTURE. It was a complete culture clash come 1981. The consequences of culture become apparent in cross national operations, mergers, and acquisitions, where not only different organizational cultures but also organizational cultures rooted in different national cultures meet. When organizational members from diverse cultures interact and, especially, when one culture is required to adopt the methods and practices of the other culture, disruptive tensions emerge. II. Causes – Well, these differences in the culture, I believe caused costly result from the differences of the personnel. The employees of BEA described the BOAC staff as somewhat distant, and ill-equipped with their knowledge of...
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...Lurance Saleh MGMT 520 Professor Samantha Burke 11-28-15 Week 5 You Decide A. The Case Facts Virginia Pollard was transferred to guard the film equipment in the main warehouse behind the storefront due to her high call volume of personal calls while at work. In her new position she experienced various harassments while at work from her fellow employees working in the warehouse. The harassments included filling the guard shack with trash, backing in a forklift up to the door and making it backfire in her ear, tapping her drawers shut, filling the guard shack with trash and locking her out of the guard shack where she sat in to watch the inventory. Virginia was also the recipient of sexual harassment when a delivery driver sat in her chair and she attempted to push him out he bent her over and spanked her. Steve King, Virginia’s supervisor rarely enforced Teddy’s rules against smoking, horseplay, foul language, and sexual harassment. It is also noted that Steve King also indulged in such behaviors along with the other staff. Teddy’s has a sexual harassment policy that can be exercised by reporting or filing a complaint to a superior such as a supervisor or reporting it anonymously through the website that has been setup by the company. Virginia Pollard signed a copy of the sexual harassment policy that Teddy’s supplies, but she did not file a complaint with a superior or through the website anonymously. During her NJ Human Rights Commission Hearing she...
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...two that stand out in my mind are Bill Gates and Dr. Martin Luther King Jr. Here we will look back and discuss their contributions to society as a whole, the problems or issues that they resolved, and how they were able to come up with their solutions. Contributions to Society Self made multi-billionaire, entrepreneur and philanthropist Bill Gates was born in Seattle, Washington in 1955. Everyone in America recognizes the name Bill Gates; it is hard not to be famous when you are the richest self-made man in America. The contributions to society made by Mr. Gates are numerous, but most notable and arguably his best is his company Microsoft, the world’s largest software production company. From a small, no name company formed in 1975 Bill Gates worked countless hours and in no time was able to bring his company to a multi-billion dollar corporation. Eventually, Bill Gates knew that his money and his wife could help the rest of society as his mother had done as a civic leader. In the year 2000, Bill and his wife Melinda formed the Bill and Melinda Gates Foundation. The foundation’s primary goal was to further the support of education and health in low-income communities around the country. In 2006, he stepped down from full time at Microsoft to dedicate more time to the foundation. Bill Gates and his wife have donated $28 billion dollars to charity to support their cause (Bill Gates, 2012). Dr. Martin Luther King Jr. was born in Atlanta, Georgia in...
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...MANAGEMENT (BM7033) CASE STUDY 1: BURGER KING COURSE: MBA (2014/2015) FACULTY: BUSINESS, ECONOMICS & ACCOUNTANCY LECTURER: PROF. DR SYED AZIZI WAFA GROUP MEMBERS: BIL | NAME OF STUDENT | MATRIC NO. | 1 | Hasbiah Hasan | MB1412018T | 2 | Ho Tian Ai | MB1412077T | 3 | Fazha Binti Jazah | MB1412062T | 4 | Nurul Azreena M. Azlan Tsen | MB1412160T | 5 | Ahmad Zahrawi Ahmad Azahri | MB1312075T | 6 | Bryan Osital | MB1312082T | 1) CASE SUMMARY The well-known Burger King with the tag line of “Have It Your Way” has their signature burger of Whopper Burger. Burger King was previously known as Insta-Burger King which was founded firstly in Florida by Keith Kramar and Matthew Burns in 1953. 2 years later, it was purchased by James McLamore and David Edgerton and renamed in Burger King with introduced their first Whopper sandwich in 1957. It has grows over 250 locations in the United States and they sold to Pillsbury Corporation in 1967. Pillsbury was then purchased in 1989 by Grand Metropolitan which then merged with Guinness and forming Diageo, which the latest owner of Burger King. Burger King was the second largest fast food hamburger in the world with the measure of total number of restaurant and system wide sales. The revenue of Burger King is mainly from (1) retail sales that owned by company restaurants (2) royalty payments on sales and franchise fees (3) property income from restaurants leased to franchisees. Management of Burger King planned to boost...
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...Career Development Plan Part I--Job Analysis and Selection Report Lorna L. King HRM 531 August 16, 2010 Scott Beck 1. Executive Summary The findings show that Team King has the right skills and talent to take InterClean, to the new strategic direction of providing full-service cleaning solutions for organizations in the health care industry. Team King will undergo an intensive training program in the next month. Each member has sales goals of a minimum of two contracts per month and maintains contacts with current clients. Therefore, I recommend a 10% sales bonus for any sales above the minimum sales goal of two contracts per month. 2. Contents 1. Executive Summary 2 3. Introduction 3 4. Findings 3 4.1 Job Analysis 3 4.1.1 Job Analysis Methods 3 4.1.2 Job Duties 4 4.2 Workforce Planning System 4 4.2.1 Talent Inventory /Positions 4 4.2.2 Action Plan (training, placement, promotion, development and compensation). 5 4.2.3 Goals ...
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...2010 INFORMATION MANAGEMENT PBSA 823 Chicken Run Group Assignment Lecturer: Mr. J. C. Coetzee 9/18/2010 Nestlé struggles with Enterprise Systems CRITERIA FOR MARKING MBA-ASSIGNMENTS 1 | Meeting the objectives of the assignmentThe extent to which: | 60 | | *1.1 | the assignment was understood and answered comprehensively | 10 | | *1.2 | independent (own) thought is reflected | 10 | | 1.3 | insight in the topic was demonstrated | 10 | | 1.4 | logical, systematic thought and reasoning is demonstrated | 10 | | 1.5 | quality research (literature study and / or empirical work) was done | 10 | | 1.6 | conclusions are logic, meaningful and substantiated | 10 | | 2 | Presentation and technical aspectsThe extent to which: | 30 | | 2.1 | the content shows a logical andintegrateddevelopment and forms a balancedholisticwhole | 15 | | 2.2 | the executivesummary reflects the content comprehensively and meaningfully | 5 | | 2.3 | the table of contents, references and list of sources are noted correctly | 5 | | 2.4 | the style and language (grammar) meet the requirements | 5 | | 3 | General quality rating | 10 | | | Evaluator’s general evaluation mark of the assignment’s quality - taking into consideration the above and other factors | | | | TOTAL | 100 | | Assignment Word Count: Chicken Run Group Members “There is nothing more determined than poultry with a plan…” Bezuidenhout, P.J. 1224 6093 Botha...
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...Antwion Demps I have chosen the ultimate leader to cover on my leader ship paper Dr. Martin Luther King JR. Dr. King was an American Baptist minister, activist, humanitarian, and leader in the African-American Civil Rights Movement. He is best known for his role in the advancement of civil rights using nonviolent civil disobedience based on his Christian beliefs. Dr. King also had the quintessential leadership traits of undeterred focus and commitment. His goal was the next substantial effort undertaken after President Abraham Lincoln’s two momentous achievements – the Emancipation Proclamation of 1863 and ensuring the passage of the 13th Amendment to the U.S. Constitution in 1865 – toward making the phrase “all men are created equal,” as declared by Thomas Jefferson in the U.S. Declaration of Independence in 1776 true, not just in words, but in fact. No matter what Dr. King had to endure personally, including prison, overt hatred, ominous threats, and ultimately, untimely death by assassination on April 4, 1968 at the hands of James Earl Ray at the Lorraine Motel in Memphis, Tennessee, or what he and the civil rights movement collectively endured, including the deadly bombing of the 16th Street Baptist Church in Birmingham, Alabama in 1963, the deadly and strong backlash of the resurgent Ku Klux Klan, and overt local and state-sanctioned law enforcement brutality, Dr. King never wavered in focus or commitment to making racial equality a reality. He didn’t see problems, only...
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...McDonald Case Summary: The food industry is a highly competitive market and midsize sit-down restaurant chains have been especially hard-hit as consumers cut back discretionary spending such as eating out due to the recent recession. McDonald’s however, has been very successful in a market that has proven very difficult for other restaurants; while most other restaurant chains are struggling to stay open McDonald’s has actually grown its sales and its profits. They’ve done this in part to their strategy of expanding their menu to healthier items and increasing their beverage, snack, and breakfast offerings. Another part of McDonald’s extraordinary success during the recent recession is the fact that half of its stores are located overseas where a weakened dollar has meant higher profits from local currency. This has been especially beneficial to help offset weaknesses in other areas that may not be as profitable such as its long-term strategy of expanding into the gourmet coffee market. While its strategy of increasing sales and trying to gain a foot hold in the upscale coffee market may have been a strength thus far, depending on the changing landscape and environment it has the potential of becoming a weakness. The tide has turned on the recession and the dollar is growing stronger again which will diminish the offset it has provided. Couple that with the fact that Starbucks and other gourmet coffee outlets have experienced a marked decrease in sales, McDonald’s may find...
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...“Dreams Converted to Reality” In “The Symbolic Language of Dreams”, Stephen King speaks in depth about his writing process. King has written over fifty novels and sold over three hundred and fifty thousand copies worldwide. Most of us cringe at the thought of re-living some of our worst nightmares, but that’s not the case for novelist Stephen King. He uses his dreams and nightmares to sculpt his stories to his liking. King believes that dreams are the way our minds translate the nature or solution to our problems, and speaks in depth about this connection with his writing process. In “The Symbolic Language of Dreams”, Stephen King reveals that writing and dreaming are closely correlated, and writers prefer routine to achieve a semi-dreaming state. King uses dreams extensively in his writing process. He believes that dreams have a precognitive effect on the story and uses those experiences to bring the eerie feelings to life in his novels. When he was writing “IT”, King reveals that he came to a halt in writing, and needed to come up with something. He fell asleep and had a very scary nightmare; he awoke terrified and delighted, all at the same time. It would be safe to say that we’ve all had dreams reflecting on a current situation or problem, especially ones that weigh on us the heaviest. We can draw a conclusion to our problems from dreams, which is also what he relates to his readers. King describes the writing process similar to digging up an artifact, all of the...
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...Business 110 Introduction to Management and Entrepreneurship Fall 2013 [pic] Teams and Cases Blue (WED 10/9) Pay Raise Worksheet (HR Salary Admin) Greg Baldwin Nicole King Corey Busche Levi Runyon Marcus Kienemann Alexis Schaffner Orange (WED 10/16) NASA (Management Systems) Garrett Finley John Pischak Nicholas Kruse Bryan Schueddig Jennie Lee Gray (WED 10/23) Martha Stewart (Financial Ethics) Jacob Dazey Michael Rouse Joseph Gautier Victoria Willcut Edward Poston Green (WED 10/30) Boeing (Business/Government Ethics) Erin Clawson Justin Kurash Cydney Denning Paul Leykamp Nathan Krenning Red (WED 11/6) Martin Luther King (Leadership) Aaron Bubb Evan Shippee Stephenie Lynch Austin Truvillion Madelaine Seele Rayvant Kohli Yellow (WED 11/13) Law Offices of Jeter (Management Consulting) Chino Ebube Daniel Martinez Carly Holtgrewe Katie Murphy Hannah Lane Purple (WED 11/20) University of Dissension (Unions) Bradley Baber Mike Miller Hannah Barber Stony Reid Juan Johnson Suggestions for Case Presentations The cases assigned were chosen from a variety of sources to illustrate several different management concepts or issues faced by contemporary managers. Each team will have at least 30 minutes to present their respective cases and their observations and/or recommendations. All of the technology in the classroom is available...
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...Losing Count of Police Brutality Summary This article “King: So much police brutality that it’s hard to monitor” by Shaun King states that almost 2,000 people have passed away by the police. King also states that every day, at least 3 people are killed before they even go to jail and 8 people die in jail. He is saying that the amount of people killed by the police in America is impossible for civilians to keep up. He also mentions that he is ashamed that other loved ones are surviving but struggling because other families have lost a loved one due to police brutality. And he says, it is hard to imagine going through that. Can Police Brutality be Justified Summary This article “Justifying Police Brutality.” By Adam Serwer states that many people...
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