... Management Technical Management Change Management Project Management Technical Management Planning Organizing Monitoring Problem solving Project Parameters Project Parameters Quality Standards Time Schedule ... Cost Budget People Management Most successful actors in Project Management are PEOPLE rather than technical Change Management Setting, managing and meeting the expectations of stakeholders to ensure ... Conflicts among stakeholders and project team • Environment (Technical / Social) Program Agenda – Day Introduction to Elements of Project Management Project Management Life Cycle (4 Stages) Stage 1:...
Ngày tải lên: 18/11/2016, 12:27
Vocabulary for MBA
... use 'African American.' "The whole beach was populated by African-Americans." Ah-ha - (Interjection) Slang expression showing a mix of surprise and happiness “The ah-ha” can be a fact (or analytical ... of as the voice of Asian Americans." Laid back - (Adjective) To be relaxed or easygoing "People in Jamaica are more laid back than people in the USA." Lame - (Adjective) Weak "That’s really lame; ... useless analysis or that the person is afraid to make a decision "Taking the standard deviation of the page numbers to see if it helps us get an answer is an example of analysis paralysis." Anne Frank...
Ngày tải lên: 03/10/2012, 10:33
Microeconomics for MBAs 46
... the amount that is ultimately paid for the stock of the target corporation, assuming that the target corporation loses the case.23 Managers of the target corporation can also defend against a takeover ... trucking, natural gas, electricity, water and sewage systems, stock brokering, health care, taxi services, massage parlors, pharmacies, postal services, television and radio broadcasting, toy manufacturing, ... what are often referred to as “bloated government bureaucracies” (a fact that is partially attributable to the absence of the takeover option) But the same thing can and does happen in private...
Ngày tải lên: 18/10/2013, 00:15
Microeconomics for MBAs 47
... however, was the Food and Drug Administration (FDA) established, as part of the Department of Health, Education, and Welfare (now called the Department of Health and Human Services) The FDA is responsible ... think of a Chapter 14 Business Regulation natural monopoly as the only hardware store in a small town, or the only amusement park within several counties, rather than as a large electric company While ... Long-Run Marginal and Average Costs in a Natural Monopoly In a natural monopoly, long-run marginal cost and average costs decline continuously, over the relevant range of production, because of...
Ngày tải lên: 20/10/2013, 20:15
Microeconomics for MBAs 48
... on a much smaller scale than that of a local telephone monopoly suggests that the natural monopoly argument may no longer be valid In any case, the availability of alternative arrangements for ... regulation may be smaller than the costs of a cartel Large groups also control more sizable voting blocks than small groups They may have the advantage of established trade associations, whose help can ... Regulation as Taxation According to a third theory, much of today’s regulation can be explained as an indirect form of taxation—in the sense that taxation is the government’s means of extracting...
Ngày tải lên: 20/10/2013, 20:15
Microeconomics for MBAs 60
... quantity demanded A change in the rate of inflation can have a similar effect on the exchange rate If the inflation rates are about the same in two nations that trade with each other, the exchange ... from New Canaan, Connecticut, would have to face fluctuating exchange rates on a daily basis when riding subways, buying gas, eating lunch, whatever The fixed exchange rate has one advantage over ... floating rate: it is stable Because even a small change in the exchange rate can cause significant losses to people who have already concluded business deals, a flexible exchange rate can increase...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 49
... in a prisoners’ dilemma There is no guarantee, of course, that a manufacturer will choose a price (in a resale price agreement) or a market area (in an exclusive dealing arrangement) that makes ... pay firms such as Standard and Poors, Moody’s, Duff and Phelps, and Fitch to evaluate the safety of those bonds and rate them accordingly A rating of AAA indicates that the bonds are very safe, ... accurate in its evaluation as possible Only by maintaining a reputation for impartiality and accuracy is an accounting firm able to provide a valuable service to all of its clients 26 Chapter...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 50
... back again at Table 15.1 If the price of mousetraps rises from $2 to $4, the value of each worker’s marginal product doubles At a wage rate of $10 an hour, an employer can now hire as many as ... a greater demand for labor will mean a higher wage rate Conversely, given a constant demand for labor will mean a lower wage rate Depending on the relative conditions in different markets, wages ... practice, the money wage rate—the number of dollars earned per hour—may not fall Instead, the general price level may increase while the money wage rate remains constant But the real wage rate—that...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 1
... physical limitations, human wants abound You yourself would probably like to have books, notebooks, pens and a calculator, perhaps even a computer with a gigabyte worth of RAM and an 80 gigabyte hard-disk ... the attainment of material goals Although most economic principles have to with the pursuit of material gain, they can be relevant to aesthetic and humanistic goals as well The appreciation of a ... by habit? Take each day as it comes or plan ahead? In a broader sense, these questions are fundamental not just to the individual but to all the social sciences, economics in particular Scarcity...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 2
... would more than regain that with the additional papaya On the other hand, Harry receives more utility from the last coconut than from the last papaya He would gladly give up a papaya for a coconut; ... produce a coconut, giving up papayas, but he can turn around and get papayas for the coconut Hence, he is better off Harry can produce papayas, giving up coconut, and trade of the papayas for a coconut ... more than papayas for a coconut; Harry would be better off if he could give up fewer than papayas for a coconut If, for example, they agree to trade at the exchange rate of coconut for papayas,...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 51
... output Management specialist Edward Lawler reported that during a strike at a manufacturing firm, a secretary was asked to take over a factory job and was paid on a piece rate basis Despite no previous ... hiring of athletes In the National Football League (NFL), for example, teams acquire rights to negotiate with promising college players through an annual draft Once one team has drafted a player, ... Strategic Pay: Aligning Organizational Strategies and Pay Systems (San Francisco: Jossey-Bass Publishers, 1990), p 58 Frederick W Taylor, A Piece Rate System,” American Society of Mechanical...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 52
... that their revealed information will affect their sales performance criteria and the combination of the salary and commission components of their compensation package If the manager at headquarters ... clothing (with a great deal of variance reported across occupational categories).22 Another important portion of the differential can be explained by the dictum that is central to all Manager’s Corners: ... “field,” far removed from headquarters The sales people are hard to monitor They know a great deal more about their territories in terms of sales potential than the managers back at headquarters...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 3
... communal property and are threatened still with extinction Communal property rights can also have an effect on the way animals are treated and slaughtered Armen Alchian and Harold Demsetz have ... [special issue, February 1990], pp 52S–3S) 23 See James A Brickley, Sanjai Bhagat, and Ronald C Lease, “The Impact of Long-Range Managerial Comp ensation Plans on Shareholder Wealth,” Journal of Accounting ... California, Irvine, has graduate student apartments that are heavily subsidized That is to say, the rents charged for oncampus apartments are several hundred dollars lower than the rents charged...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 4
... convey, can have a valued and direct impact on what workers and how long and hard they work 31 But there is a far more fundamental reason that incentives matter: Managers don’t always know what orders ... complex machine, after which another machine lays leads in every other slat, applies glue, and places another slat atop a lead sandwich, so to speak Seven brothers and I are mechanically carved from ... persons had a hand in every cup of coffee the loggers drink! The logs are shipped to a mill in San Leandro, California Can you imagine the individuals who make flat cars and rails and railroad engines...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 5
... determinants of demand will cause either an increase or a decrease in demand • An increase in demand is an increase in the quantity demanded at each and every price It is represented graphically by a ... graduation approaches and they anticipate a rise in income The determinants of a decrease in market demand are just the opposite: A decrease in consumers’ desire or taste for the good A decrease ... of a market as a process You may recall from Chapter that a market is defined as the process by which buyers and sellers determine what they are willing to buy and sell and on what terms That...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 53
... Brickley, Sanjai Bhagat, and Ronald C Lease, “The Impact of Long-Range Managerial Compensation Plans on Shareholder Wealth,” Journal of Accounting and Economics, vol (1985), pp 115-129 50 One explanation ... because they have demonstrated that they are more capable than other workers Moreover, a move to a higher-ranking position can actually increase the productivity of the manager As Rosen has observed, ... be easily 40 However, bonuses appear to be more strongly related to management performance than are merit increases [Lawrence M Kahn and Peter D Sherer, “Contingent Pay and Managerial Performance,”...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 54
... corporate headquarters tended to receive greater bonuses for performance than did their counterparts located away from the headquarters The managers at the headquarters can potentially have a greater ... workers are paid and their expected pay, and the gap between the actual and expected pay of lower workers can expand as the gap between the actual pay of the lower and higher workers increases All ... selecting managers When people are hired at the bottom of the corporate ladder, upper level managers may have only a rough idea as to whom among the large group at the bottom are worthy of higher ranks...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 55
... this reason there is generally little difference between Republican and Democratic candidates Even when the major parties’ candidates differ strongly, as Ronald Reagan and Walter Mondale did at the ... opportunities and wage rates of persons under twenty-two? Average real wages have increased steadily over the last 100 years What you think is the main cause of the increase? Suppose there were a cap put ... Mondale and George Bush beat Michael Dukakis in 1988, the Democrats began what appeared to be a move back toward the center, picking Bill Clinton, a centrist candidate whose policies, in many ways,...
Ngày tải lên: 08/11/2013, 00:15
... permitted in a given geographical area was strictly regulated by the Federal Communications Commission Not surprisingly, stations carried programs that appealed predominantly to a mass audience—that is, ... classes in large lecture halls instead of private tutorials They so largely because the mass lecture, although perhaps less effective, is substantially cheaper than tutorials In a market that is open ... curve—panel (a) —are acceptable to buyers Only those price-quantity combinations on or above the supply curve panel (b) are acceptable to producers Those price-quantity combinations that are acceptable...
Ngày tải lên: 15/12/2013, 10:15
Tài liệu Microeconomics for MBAs 7 pptx
... workers as current ones are and for the fact that uncertain payments are not worth as much as certain payments A high paying job that is lost almost immediately for inadequate performance may be a ... “overpayment” right (and exactly what it should be cannot be settled in theory) can gain a competitive advantage over rivals Apparently, Ford secured an important advantage by going, in a sense, ... time, many employers have followed Ford’s lead and have paid more than market wages All one has to to check out that claim is to watch how many workers put in applications when a plant announces...
Ngày tải lên: 15/12/2013, 10:15