HKUST MBA Microeconomics Case 1: Medicines Company Case Question 1. For drug administrators‚ their incentive for using the drug is that the drug’s got to make economic sense. Data showed that for more than 4‚300 patients‚ Angiomax was a more superior alternative to Heparin. Also shown in tables b and c that it effectively reduced the incidences of death by 30% ‚ heart attack by 26%‚ need for a repeat angioplasty by 14% and major bleeding by 65% (sum of weighted average between high risk and
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Hung Nhan Garment Co.‚ Ltd – Duc Giang Corporation: has applied with the model of portable administration (LEAN Manufacturing). Due to the characteristics in garment field as in production it is necessary to have a lot of employees directly participate in manufacture but mainly as workers with low qualification. Therefore‚ in the labour process of creating much waste‚ reducing the labour productivity caused to the labour productivity is rather low compared with other branch‚ this is also the cause
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CHAPTER-1 INTRODUCTION 1.1 MEANING The classic definition of an Entrepreneur is “a person who organizes and manages a business undertaking‚ assuming the risk for the sake of the profit.” The word ’entrepreneur’ is derived from the Old French word ’entreprendre’ which was first used by the economic ’theorist’ Richard Cantillon in 1755 in an essay where he used this term to describe a person who assumed the risk of buying goods in the belief that they could sell them at a higher price at a
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Week Five Case Studies Team D ACC 492 January 15‚ 2007 CASE 8.1 FRED STERN & COMPANY‚ INC. 1. Observers of the accounting profession suggest that many courts attempt to ¡§socialize¡¨ investment losses by extending auditors¡¦ liability to third-party financial statement users. Discuss the benefits and costs of such a policy to public accounting firms‚ audit clients‚ and third-party financial statement users‚ such as investors and creditors. In your view‚ should the courts have the authority
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Dillard’s Co. 10K Report 1. General Information A. The company’s corporate office is headquartered in Little Rock‚ Arkansas. I found this information on Dillard’s website in the non-selling location directory.(F-3) B. The fiscal year for Dillard’s ends on the last Saturday of January. This information was found in the 2010 annual report.(F3) C. The types of products and services that it sells are retail clothing and merchandise. I found this information on the company website.
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The drive for achievements; and entrepreneur must be greatly motivated in accomplishing his/her goals or objectives. He/she should posses a psychological drive to achieve things that he/she set for him/her self as a target to take in a given time. This drive could make him/her self as a person that has a result oriented views in life. One of the entrepreneur who best described in this entrepreneurial skills is Steve Paul “ Steve” Jobs. He is best known as the co-founder‚ chairman and CEO of Apple
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Measuring the descriptive statistics‚ heart rate slopes and correlative relations were done in both these phases to make a comparative study using two tailed t-test. To minimize the prediction error of any variables of the 6MWT a stepwise linear regression slopes were used. To validate the regression equation‚ about 20% of subjects which chosen randomly was used as control group‚ while the remaining included for predictive equation group. In order to establish the most accurate relation between
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English Dictionary (of 1897) defines the term “Entrepreneur” in similar way as the director or a manager of a public musical institution‚ one who gets-up entertainment arranged ‚ especially musical performance. Initially in the early 16th century‚ it was applied to those who were engaged in military expeditions. In 17th century. It was extended to cover civil engineering activities such as construction and fortification. Since then‚ the term “Entrepreneur” is used in various ways and various views.
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A recent study by One In Four USA found that one in four college women report surviving rape or attempted rape at some point in their lifetime‚ 673‚000 women currently attending U.S. colleges and universities have experienced rape at some point in their lifetime‚ and every year in the United States‚ 1‚270‚000 women experience rape. Take a minute and let that sink in. Rape is never something to joke about‚ nor is any type of sexual abuse. Looking at these statistics‚ it makes you wonder: why are
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County Prep is one of the best high schools in Jersey City and I believe everyone should apply to get in. I am applying for many reasons. I am not applying for County Prep only. I will also be applying for High Tech because it is another great school in Jersey City. But‚ I want to get into County Prep more because it is more near my home. First of all‚ County Prep is one of the best high school in Jersey City and maybe in the whole of New Jersey. I would love to get accepted. I love technology and
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