CASE STUDY – ROB PARSON AT MORGAN STANLEY At Morgan Stanley‚ an investment bank‚ its mission or vision statement clearly defines what it values as an organization- “exceptional performance‚ absolute integrity‚ teamwork‚ innovation‚ dignity and respect towards others” Evaluation summary : Strengths Development areas Comments / views Strengths Excellent selling Highly Aggressive Professional drive Perseverance Resourcefulness Knowledge of Markets High on initiative
Premium Motivation
In our reading for this week we talked about the four norms of Merton. This was first used in 1942. The norms are universalism‚ communism‚ disinterestedness‚ and organized skepticism. These were the keys to Merton social structure of science. Once learning about the four we can take those to learn how to interpret the norms‚ and use them in boundary work. Interpreting is not knowing the definition of these norms‚ but how they are used. Using them to connect other things in life and science. Which
Premium Scientific method Theory Science
The Pursuit of Happyness Based on the real life story‚ Chris Gardner goes through many challenges to become a stockbroker. Even though the title is The Pursuit of Happyness ‚ Chris faces many depressing times and sad ones as well. The movie focuses on an average African American man chasing his dreams while taking care of his son. Just when you think things are getting better for Chris‚ they only get worse. As Chris and his son Christopher move from place to place to eventually being homeless
Premium The Pursuit of Happyness Chris Gardner Intern
Case Analysis: Merton Truck Company Linear programming techniques can be used to not only determine the best production mix‚ but also to provide clues and data suggesting ways to improve profits. In 1988‚ Merton Truck Company was searching for ways to increase profits and ultimately its poor financial performance. Options being considered included changing their product mix by either removing or adding a product line‚ or renting capacity. In the following pages‚ the product mix and capacity
Premium Management Marketing Strategic management
Merton Electronics Corporation About company -Since its founding in 1950 by Thomas Merton‚ Merton Electronics had been a distributor for GEC‚ a large manufacturer of electrical and electronics products for consumer and institutional market. -Over the years‚ in addition to the GEC products‚ the company had added noncompeting lines of electrical appliances‚ records‚ compact discs‚ and cassettes. -Four years later‚ it entered into an exclusive import agreement with the Goldstone Corporation of
Premium United States dollar Currency Foreign exchange market
Utilitarianism theories hold that the moral worth of actions or practices is determined by their consequences. An action or practice is right if it leads to the best possible balance of good consequences over bad consequences for all affected parties. (Arnold‚ pp 17) Utility = whatever produces pleasure or happiness‚ and prevents pain or suffering. Utilitarianism = an ethical philosophy that says the most ethical decision or course of action is the one that maximize utility. Utilitarianism
Premium Ethics Morality Utilitarianism
MERTON TRUCK COMPANY 1) No. of Model 101= x‚ no. of model 102=y.Unit contribution/model= S.P – (Variable costs + Fixed cost).For Model 101‚ variable cost=36000 /unit‚For Model 102‚ variable cost=33000/unit.Fixed cost for both the model= 8600000 Therefore‚ total contribution z=39000x+38000y-36000x-33000y-8600000Z=3000x+5000y-8600000 The Constraints are:Engine assembly: x + 2y <= 4000Metal stamping: 2x + 2y <=6000Model 101 assembly: 2x <=5000Model 102 assembly: 3y <= 4500x‚y>=0.Solving
Premium Contribution margin Optimization Capacity utilization
DXX I NDIAN I NSTITUTE A HMEDABAD OF M ANAGEMENT IIMA/QM-xxx Merton Trucks Case Note Abstract We discuss Merton Trucks [Dhe90a] as a case to introduce linear programming in the MBA program. This case adapted from Sherman Motor Company case‚ was used to introduce Linear Programming formulations as well as duality. Refer to the teaching note [Dhe90b]. Our approach differs from the approach suggested by Dhebar [Dhe90b]. First‚ our audience consists pre-dominantly of engineers with not too much work
Premium Contribution margin Variable cost Costs
Strain theory was originally pioneered by Robert K. Merton and it was later expanded on by Robert Agnew. Merton’s strain theory argues that individuals engage in deviant or criminal behavior when they cannot achieve socially approved goals by legitimate means (Merton‚ 1938). Essentially‚ deviance is the result of the strain that individuals feel from not being able to achieve their goals through legitimate means. Merton used the American Dream ideology to explain his theory. For example‚ the American
Premium United States The Great Gatsby F. Scott Fitzgerald
Chapter 4 of Lilly‚ Cullen & Ball mainly focuses on Robert Merton and his theories of Anomie and Strain Theories. Merton wanted to theorize the root of social deviance. He did not reject the thoughts of the Chicago school theorists of Sutherland‚ Shaw and McKay‚ but however he did suggest that other factors were involved in such as conditions essential to society and not just in the slums‚ was the center point of the nation’s crime and deviance. He thought the “American Dream”‚ “a message sent
Premium Sociology Criminology African American