Management-art of getting things accomplished in org-s through others.Goals(OB):predicting behaviour‚explain events‚managing ob.Classical viewpoint-high specialization of labour‚‚intensive specialization‚ central decision-making.Scientific Management-taylor‚optimum of special\standard-tion.Burecracy-weber‚srict chain of command‚detailed rules‚high spec.‚central power‚selection\promotion based on competence.Hawthorne-how psychological affect productivity.HumanRelationsMovement(critique)-stric spec
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A good process is supposed to have short cycle time. In general‚ work-in-process inventory is large for a process layout‚ and small for a product layout. Which of the following characteristics is not associated with a product layout? Highly skilled workers. which of the following characteristics is not usually associated with batch production? stable‚ predictable demand.Which of the following is not considered a major process type? Fabrication An advantage of a make-to-stock process is which of
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M&A & Restructuring Strategies. Merger: Two Firms agree to integrate operations on relatively equal basis(usually 1 dominates another in mkt share/size/asset value) Hostile takeover: (delivers higher shareholder value than friendly acquires)(Preannouncement returns of hostile takeover anticipated with increase in bidder & target’s share price). Diversification creates value by using excess resource. Restructuring used to correct with ineffective mergers/acquisitions. M&A used as means of growth to
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Perfect Competition: 1. Same product + No barriers to entry + No NPCF easy to switch. 2. Increase P slightly above market P‚ no sales demand is perfectly elastic. 3. D curve is horizontal at the P determined by the intersection of market S&D curves Profit Maximzing decision 1. Since MR=MC 2. Set P (price) = MC 3. MR curve = Demand curve 4. Firms can sell all they want at this market price Q* is the profit maximizing level of output. 1.For output < Q*‚ P < MC. Increase output
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Statistics – body of principles and procedures developed for collecting‚ summarizing‚ and interpreting data Chapter 1 – Distribution – describes what values the variable takes and how often – Pie Charts/Bar Graphs – categorical – Histograms/Stem plots – quantitative – Data set has info on number of individuals – For each individual‚ data gives values for variables – When looking at graph… o Center – middle of data o Shape – symmetry or skewed o Spread – range of data Chapter 5 –
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Argumentative Phrases PHRASES TO SHOW DIFFERENT PERSPECTIVES Looking through the lens of … Adopting a more macro perspective … In the larger scheme of things … In the long run/short term … In the political realm… Looking at the (economic) aspect of … PHRASES TO INTRODUCE ALTERNATIVE VIEWS One may argue that … Critics claim that … Naysayers decry… (E.g. Naysayers decry the loss of culture in society) Ultra pragmatists / conservatives / radicals / luddites may assert that … While [Subject/Example]
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colors into language. We can put some bright colors to words when we are happy‚ or dark colors to express that we are not in a good mood. We give them their own power‚ and in the article “A Question of Language” by Gloria Naylor‚ the author shows us her idea about that power of words. Words themselves are harmless; the problem comes from the way people want to use them. Naylor starts her text by mentioning about her first time hearing the word “nigger”. It was in her third-grade class‚ when she was
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Writing Project 2 In “The F Word” written by Firoozeh Dumas an excerpt from her autobiography titled Funny in Farsi‚ she talks about her struggles living in America from having a very different name‚ to not understanding English very well. Dumas uses examples from her childhood and all throughout her life to explain why she feels Americans are ignorant to new and different things. The author would like her audience to be aware of other cultures‚ and their names and lifestyles. She feels Americans
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intense or severe. 2. to satisfy or appease (hunger or thirst‚ for example). 3. to pacify or calm It sounds so cool....‚ and how it’s spelt looks awesome for how it sounds. just everything about it and its meaning. also "epiphany" is one of the best words as well so good you have it :) asthenic (as-THEN-ik) — extremely thin or wasted ataraxia (at-ah-RAK-see-ah) — calmness or peace of mind; emotional tranquility. I love it because it sounds intriguing. atavistic (at-ah-VIS-tik) — of‚ pertaining
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Word Ladders In Word Ladders‚ as in Making Words‚ students are guided to build a series of words as the teacher points out decoding‚ spelling‚ and word-meaning clues about the words. However‚ in word ladders‚ the letters used for each new word come from the previous word‚ rather than from a preselected word bank. Students add‚ subtract‚ or change one or more letters from the previous word to make new words based on clues from the teacher. Usually‚ words are listed vertically so that students
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