degree at LSE and have taken up a position as a management consultant. One of your first assignments is to plan and implement a downsizing programme for a small retail chain that employs 90 workers; 10% of these employees are to be made redundant. How can you use the research on organisational justice to 1) decide whom to lay off‚ and 2) minimize negative outcomes of the downsizing process? With the increasing competition in today’s globalized market‚ lowering costs to maintain profits or to survive
Premium Layoff Distributive justice Retailing
Chapter 10 Problems 1. How much interest would be earned (on a simple interest basis) from a three-day money market loan for $1 million at an interest rate of 12 percent (annual rate)? Suppose the loan were extended on the third day for an additional day at the going market rate of 11 percent. How much total interest income would the money-market lender receive? Interest owed at 12% for 3 days would be: $1‚000‚000 (.12) (3/360)=$1‚000. Additional interest owed for 1 more day: $1
Premium Investment Finance Bond
1. What is Decision Making? Decision-making is an essential aspect of modern management. It is a primary function of management. A manager’s major job is sound/rational decision-making. He takes hundreds of decisions consciously and subconsciously. Decision-making is the key part of manager’s activities. Decisions are important as they determine both managerial and organizational actions. A decision may be defined as "a course of action which is consciously chosen from among a set of alternatives
Premium Decision making Management Decision theory
Solution to Tutorial 1 2011/2012 Semester I MA4264 Tutor: Xiang Sun∗ August 24‚ 2011 Game Theory 1 Review • “Static” means one-shot‚ or simultaneous-move; “Complete information” means that the payoff functions are common knowledge. • Normal-form representation: G = {S1 ‚ . . . ‚ Sn ; u1 ‚ . . . ‚ un }‚ where n is finite. • si is strictly dominated by si ‚ if ui (si ‚ s−i ) < ui (si ‚ s−i )‚ ∀s−i ∈ S−i . • Rational players do not play strictly dominated strategies‚ since they are always not
Premium Game theory Nash equilibrium
Chapter 10 Discussion Questions Be prepared to discuss the handout I gave you entitled “Take the Road to IT Value” Be prepared to discuss the mini-case “Budgeting at Performance Boards‚ Inc.” For each category of IT governance risk‚ come up with at least one control. Be prepared to discuss the pros and cons of each of the three main methods of “Funding Information Systems” What are the three characteristics that effect project risks? Look at the IT project portfolio profiles and be ready to
Premium Outsourcing Risk management Business terms
Making It in America America is growing and changing‚ and the fastest growing minority group is the Hispanic population. The 2010 United States Census Bureau data shows the Hispanic population grew from 35.3 million people in 2000 to 50.5 million people in 2010. That increase accounts for more than half the population growth in America over the last ten years. The Hispanic community is going to continue to grow and contribute to our society in big numbers. It is important that they successfully
Free University College Higher education
Decision Making Across the Organization The key strategic in every organization is to identify what is the influence of decision making across the organization as a whole. There are benefits and challenges in every organization no matter how large or small it may be. Business owner has to have a plan and a solution for every challenge that may arise in the organization. A manger is not to be in reasonable when he has to make a decision for the organization; he is to be expected to have a solution
Premium Costs Variable cost
Year 10 English examination 2010 page 1 Year 10 English Examination November 2010 * You have two hours to complete this examination * You must write your answers on this paper and ask for extra paper if necessary. * Use blue or black pen. Do not use twink. * Attempt ALL questions. Name: ____________________________________________________ Form Class: ____________________________________________________ English Teacher ____________________________________________________
Premium Polar bear Bear
A critical analysis of a U.S. propaganda poster of the Second World War By Mike van Veen Introduction The following is a critical analysis of a poster printed by the U.S. Government Printing Office in 1942 and was designed by Allen Russell Saalburg . The poster can be found at the end of this document as Appendix A. I will first point out the various elements of the poster and point out their characteristics. Following that I will explain what these elements portray‚ providing historical
Premium United States American Civil War Abraham Lincoln
Chemistry Stage 3 Standards Guide Exemplification of Standards through the 2010 WACE Examination Chemistry: Stage 3 Standards Guide 1 2010/33606 Copyright © Curriculum Council‚ 2011 This document—apart from any third party copyright material contained in it—may be freely copied‚ or communicated on an intranet‚ for noncommercial purposes by educational institutions‚ provided that it is not changed in any way and that the Curriculum Council is acknowledged as the copyright owner. Copying
Premium PH Acetic acid Chemical reaction