... Prof. Kshamta Chauhan Credit Units: 04 Prof. Harendra K Pandey Self Study hours: 80 hours Course Objective This course aims to integrate various principles and concepts from different fields of economics with typical problems of managerial decision-making and policy formulation in business organizations whether in a local or global context. Understanding the application of economic principles to key management decisions will provide guidance to increase value creation within organizations, and allows a better understanding of the external business environment in which organizations operate. Learning Outcomes At the end of this course the student will be able to • − Use the theory of the firm to model business organizations • − Apply demand theory to establish the elasticity of demand • − Use demand estimation to forecast demand trends and change • − Apply production theory to manage production • − Use cost theory to establish short and long run behavior • − Describe market structures to establish market equilibrium • − Use pricing strategies to enable organizational coherence • − Use macroeconomic principles to address market failures |MODULE |Session no. |Topic |Reference |Cases/ Assignment/ Group | | | | | ...
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...personal values and designing a format for individual ethics requires dedication. According to McGraw-Hill Higher Education (2009), “The generally accepted principles of right and wrong governing the conduct of individuals” (Glossary, para. 16) is the definition of personal ethics. One tool that helps to understand this term is the software program the Ethics Awareness Inventory by The Williams Institute. This comprehensive assessment breaks down individual perspectives pertaining to specific situations presented within the program and provides insight relating to ethical decision making. Personal values The Williams Institute breaks down ethical values in four categories known by the acronym CORE. CORE stands for Character, Obligation, Results, and Equality (The Williams Institute, 2008). The perspective I most closely related to was Obligation with 24 points. In this area, Obligation is about duty, what a rational person ought to do morally as opposed to what her or she should do (The Williams Institute, 2008). Additionally, through the Obligation perspective, I am supportive to providing opportunities for individuals to grow and learn. This assessment also provides the perspective least aligned with individual values. My assessed perspective was Character, where I received -24 points. The definition of Character is “what is good to be rather than what is good to do” (The Williams Institute, 2008 p.1). After taking this assessment, I agree with the results. I am very supportive...
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...In a study conducted by Neil Humphrey and Wendy Symes (2010) they studied how different sources and levels of social support relate to bullying among such pupils. The objectives of this study were to identify the role social support plays in determining the pupils response to bullying and identify barriers to the development and utilization of social support where bullying occurs (Humphrey and Symes, 2010). Bullying is an issue that many if not all schools battle with continuously, and school systems should not put the individuals with ASD who “lack social communication, and social interaction across multiple contexts (NIMPH)” into classroom settings where they are viewed as odd, increasing their likelihood of being bullied by their classmates. The study examined 36 individuals with from 12 different schools who have ASD. In the study conducted, research found that the incorporation of social support could be useful toward the inclusion of individuals with ASD. Social support is defined as “a multidimensional concept that includes the support actually received and the sources of the support, social support is recognized as important resource that protects children...
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...The Case Study Approach Linda P. Williams Liberty University Online Author Note Linda P. Williams, Department of Psychology, Liberty University Online Correspondence concerning this article should be addressed to Linda P. Williams, Department of Psychology, Liberty University Online, 1971 University Blvd, Lynchburg, VA 24515, E-mail: lwilliams91@liberty.edu The Case Study Approach Introduction At some point during the pursuit of a degree psychology, the time comes when a student must learn various research techniques. One of the many approaches is case study, which this paper will focus on. Areas of discussion include reasons for using a case study, advantages/disadvantages to the approach, and ways acquire information to perform a case study. The essence of a case study A case study is used to offer a mental accounting of a person, school, neighborhood, business, or group of individuals over the course of time, way of research. It is sometimes referred to as naturalistic observation, but does not always follow the same protocol. Mental accounting is done by means of observation of various behavior or mind sets operating in their natural environment. This is noteworthy, especially when participants have a distinct disorder worthy of being studied to further the cause of research and development. Depending on the purpose of the investigation, the case study may present the individual’s history, symptoms, characteristic behaviors, reactions to situations...
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...AMERICAN INTERNATIONAL UNIVERSITY-BANGLADESH Faculty of Business Administration Department of Management BBA Program COURSE OUTLINE Term : Summer 2014-2015 I. Course Code and Title :BBA 1101– Introduction to Business II. Credit : 3 Credit hours III. Course Faculty :Stanley Rodrick Assistant Professor, Department of Marketing Faculty of Business Administration Faculty Room, Level# 3, Campus# 1, AIUB Email: stanley@aiub.edu Telephone: 8820865, 9890804, 9894641 Ext: 532 Section | Day | Time | Room | A1 | Sunday & Tuesday | 10:00 am – 12:00 pm | 121 | A8 | Monday & Wednesday | 12:00 pm – 02:00 pm | 521 | Vision AMERICAN INTERNATIONAL UNIVERSITY-BANGLADESH (AIUB) envisions promoting professionals and excellent leadership catering to the technological progress and development needs of the country. Mission AMERICAN INTERNATIONAL UNIVERSITY-BANGLADESH (AIUB) is committed to provide quality and excellent computer-based academic programs responsive to the emerging challenges of the time. It is dedicated to nurture and produce competent world class professional imbued with strong sense of ethical values ready to face the competitive world of arts, business, science, social science and technology. Course Description The lesson has been prepared to provide students a revelation of the different forms of business activities. It covers up the thought of business, ideas, social responsibilities, moral values, structure...
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...1. Describe Masters’ management style. Use evidence from the case study to support your answer. Masters interfered in Imakito‘s management , that means he made decisions about processes , which the Engineering Department staff should follow . And he told the key designer that she must ask approval for the initiate in new model . According to Hicky, Nader & Williams ( 2005, pp23-7 ) , autocratic managers hold all power . They told subordinates what they should do and how to do which is rigid and inflexible. Furthermore, Masters criticized Lee in front of his staff and ignored his argument . From the evidence of this case , Masters’ management leadership style is autocratic leadership style . 2. Imagine you are the management consultant referred to in the case study. What management style would you recommend the Master adopt to manager his different staff members? (i.e., the two department managers, the engineering staff and the production staff.) Explain why. Based on this case, it is recommended that Masters should change his autocratic leadership style to democratic leadership style. According to Hickey (2005, pp27-31 ), participative leaders can encourage employees consider their situation and problems then find solutions to solve this problems . Therefore , he can know the staff feel very stressful about the deadlines which set by him, then he can change the date and give more time to staff . Other than that , Hickey (2005,pp31) also states that democratic managers...
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...CHAPTER ONE INTRODUCTION 1.1 Background of the Study The responsibility of training a child always lies in the hand of the parents. This is congruent with the common assertion sociologist that education can be an instrument of cultural change which is being taught from home is relevant in this discuss. It is not out of place to imagine that parental socio–economic background can have possible effects on the academic achievement of children in school. Whatsoever affect the development environment of children would possibly affect their education or disposition to it. Parental status is one of such variables. When a woman's nutritional status improves, so too does the nutrition of her young children (Lisa et al, 2003). Rothestein has asserted as follows: "Parents of different occupation classes often have different styles of child rearing, different ways of disciplining their children and different ways of reacting to their children education needs. These differences do not express themselves consistently as expected in the case of every family; rather they influence the average tendencies of families for different occupational classes." (Rothestein, 2004). Socioeconomic status can be defined as a person’s overall social position to which attainments in both the social and economic domain contribute. (Ainley et al., 1995). When used in studies of secondary school students school achievement, it refers to the SES of the parents or family. Socio-economic status is determined...
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...“Nike: The Sweatshop Debate” Daryl Williams MGT/448 June 28, 2015 Timothy Mills “Nike: The Sweatshop Debate” – Introduction When you think Nike the only thing that comes to mind is Michael Jordan. One of many sports hero's that changes the world and how we feel about the product they represent. What is not mentioned is how this product are created. Imagine, a pair of the limited addition Air Jordan can cost anywhere between $140.00 to over $200.00. The price to make the shoe include material less than half. Sound like a great business practice but it has been an ongoing debate that requires business owners to rethink the way they conduct business. This paper will highlight the "Nike: The Sweatshop Debate," covering but, not limited to describing the legal, cultural, and ethical challenges that confront the global business. Defining the various roles host governments played and operational challenges facing global managers. Nike has been under fire since “Nike was a CBS-TV 48 Hours news report that aired October 17, 1996” (Hill, 2013). The report details the internal operation of how the mega-corporation created a product for cheap labor. Working six days for $40.00 a month, one can clearly make an assumption that this does not seem fair. To add insult to an already growing concern the United Students Against Sweatshops (USAS) made its case informing all that "the Fair Labor Association (FLA), which grew out of the...
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...Harley Davidson Motor Company : Enterprise Software Selection Case Study Tej Bahadur Nepali Walden University Harley-Davidson Motor Company has been founded in 1903 which had become one of the leading manufacturers of motorcycles around the world. It has sell dealers more than 67 countries, and it produces up to 28,000 motorcycles yearly. Harley-Davidson motor company's motorcycles productions are as legend product. Caldwell, Bruce (1998, December 7). Because of this reason, the company growth and enlarged globally presence. The management aware about that an integrated management system not only increase the company's process but also well managed its budget and return its growth. In this case study, the technical aspect involved for integrated software in business operations, purchasing teams. (Thomas, William, Berry, and Clay 56).According to this case study the key factors considered in justifying the need for the software with regard to business process where the people, processes and technology involved. The software's implementation improves people's work in an efficient manner. The software illustrates the business process. Finally, the software will enhance the technology. Harley-Davidson developed ERP selection process. They made a framework and operational strategies which had a high possibility of functionality and statically differences among other competitors. They put some measurable attributes (low, medium, high) that was possible useful to implementation, technical...
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...cloud floating above hills and valleys, he encountered a field of daffodils beside a lake. The dancing, fluttering flowers stretched endlessly along the shore, and though the waves of the lake danced beside the flowers, the daffodils outdid the water in glee. The speaker says that a poet could not help but be happy in such a joyful company of flowers. He says that he stared and stared, but did not realize what wealth the scene would bring him. For now, whenever he feels “vacant” or “pensive,” the memory flashes upon “that inward eye / that is the bliss of solitude,” and his heart fills with pleasure, “and dances with the daffodils.”Wordsworth use of vivid imagery, concise diction and detailed personification is used to paint a picture perfect scene. The poem is rich with imagery, and in the first stanza, Wordsworth describes the scene as he wanders “as lonely as a cloud.” He compares himself to a “Solitary cloud” that is floating over the valleys and the hills and then he sees a “crowd” of golden daffodils which are under the trees and beside a lake and are “Fluttering and dancing in the breeze.” It is evident that the poet is admiring the beauty around him and capturing a beautiful snatched moment in time that nature has presented to him. According to Pardede, Wordsworth uses images very extensively in order to let the reader involve in the experiences he is communicating. For instance, how he is wandering and floating lonely as a cloud “o’er vales and hills” is important they...
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...Group 1 University of Gävle Department of Business Administration Course: Comparative Management Culture Names: Group 1- Islam Ariful, Melinda Folmerz, Kamrul Hasan, Thomaidou Alexia Examiner: Dr. Maria Fregidou-Malama Paper type: Assignment 3: Article Analysis Semester: Autumn 2014 (HT14) Group 1 INTRODUCTION The article that we choose to analyze has to do with the trust developed in business to business relationship. The title is “Trust formation in cross-cultural business-tobusiness relationships” and it is written by Heffernan Troy. It is published by the Emerald Group Publishing Limited and it comes from Qualitative Market Research: An International Journal, Volume 7 · Number 2 · 2004 · pp. 114-125. The aim of the article is to show the factors that contribute in the process of building trust in the relationship lifecycle. BACKGROUND Relationships...
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...Enterprise software selection case study: Harley Davidson Motor Company Name: Tutor: Course: Date: Paper outline 1. Brief background of the company 2. Problem statement 3. Scenario description 4. Process Considerations made A. Technical aspects B. Involved stakeholders 5. Software selection process 6. Considerations in software selection conclusions 7. Conclusion Harley Davidson Motor Company: Enterprise Software Selection Case Study Having been founded in 1903, Harley Davidson Motor Company has grown to become one of the leading manufacturers of motorcycles globally. The company produces up to 28,000 motorcycles annually, sold by dealers in over 67 countries around the world. The company has an ambitious plan to increase its production capacity significantly. As a result of the company’s growth and enlarged global presence, there is management has realized that the future calls for an integrated management system that will not only improve the company’s processes but also fit within its budget and enhance its returns growth. This underlay the start of the process to identify the most appropriate information management system for Harley Davidson Motor Company. The process was largely reliant on teamwork, which played a leading role in structuring of the IS function. The organization, rather than have a Chief Information Officer, constituted a team of three directors to offer leadership on information systems integration...
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...Curriculum Source References The following references were used in the CFA Institute-produced publications Quantitative Methods for Investment Analysis, Analysis of Equity Investments: Valuation, and Managing Investment Portfolios: A Dynamic Process. Ackerman, Carl, Richard McEnally, and David Ravenscraft. 1999. “The Performance of Hedge Funds: Risk, Return, and Incentives.” Journal of Finance. Vol. 54, No. 3: 833–874. ACLI Survey. 2003. The American Council of Life Insurers. Agarwal, Vikas and Narayan Naik. 2000. “Performance Evaluation of Hedge Funds with OptionBased and Buy-and-Hold Strategies.” Working Paper, London Business School. Ali, Paul Usman and Martin Gold. 2002. “An Appraisal of Socially Responsible Investments and Implications for Trustees and Other Investment Fiduciaries.” Working Paper, University of Melbourne. Almgren, Robert and Neil Chriss. 2000/2001. “Optimal Execution of Portfolio Transactions.” Journal of Risk. Vol. 3: 5–39. Altman, Edward I. 1968. “Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy.” Journal of Finance. Vol. 23: 589–699. Altman, Edward I. and Vellore M. Kishore. 1996. “Almost Everything You Wanted to Know about Recoveries on Defaulted Bonds.” Financial Analysts Journal. Vol. 52, No. 6: 57−63. Altman, Edward I., R. Haldeman, and P. Narayanan. 1977. “Zeta Analysis: A New Model to Identify Bankruptcy Risk of Corporations.” Journal of Banking and Finance. Vol. 1: 29−54. Ambachtsheer, Keith, Ronald Capelle, and...
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...Case Studies to accompany Auditing and Assurance Services in Australia by Gay and Simnett Prepared by Renee Radich and Philip Ross [pic] McGraw-Hill Australia [pic] A Division of The McGraw-Hill Companies Copyright © 2002 McGraw-Hill Australia Pty Limited Additional owners of copyright are named in on-page credits. Apart from any fair dealing for the purposes of study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced by any process without written permission. Enquiries should be made to the publisher, marked for the attention of the Publishing Manager, at the address below. Copying for educational purposes Under the copying provisions of the Copyright Act, copies of parts of this material may be made by an educational institution. An agreement exists between the Copyright Agency Limited (CAL) and the relevant educational authority (Department of Education, university, TAFE, etc.) to pay a licence fee for such copying. It is not necessary to keep records of copying except where the relevant educational authority has undertaken to do so by arrangement with the Copyright Agency Limited. For further information on the CAL...
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...Ethics Case Study Jerry McCall is an office assistant for Dr. William’s. Jerry has received training as both a medical assistant and Licensed practical nurses (LPN). During the time the receptionist is out to lunch Jerry is covering for her. Jerry is faced with a common problem in the health care field today. Jerry has been asked to call in a refill for Valium to a pharmacy for a patient. This paper will address why Jerry is not qualified to refill any prescription medication. If Jerry is protected if a lawsuit is filled. Jerry’s decision is a tough one, legal and ethical issues and advice will be provided for Jerry’s use. Jerry has received training as a medical assistant and a LPN and has gained knowledge about prescription drugs. Jerry knows that with his training he is not allowed to refill a prescription medication. Jerry knows that Valium is an addictive drug. Jerry is not allowed to refill this prescription because he is not a medical doctor, dentist, or a psychologist. Jerry has training for a LPN and knows that no matter what type of medication a patient is asking him to refill he is not allowed to. If there are no more refills on the prescription bottle the only thing Jerry can do in this position is to schedule the patient for an appointment with the physician. The patient is asking for a refill for Valium but could also ask for a refill for high blood pressure medication. If the patient has to call because he or she is out of refills on the prescription bottle needs...
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