the Baan brothers and R. Johnson of RJR Nabisco as examples to illustrate owner-manager conflicts that ultimately led to the failure in serving the best interests of their respective firms’ shareholders and exercising the ethical responsibilities. 2) Discuss the value-maximizing principle. How are reputational concerns related to this principle? Firms use the value-maximizing decisions through incentives‚ constraints and punishments to achieve the most profitable outcome. Reputational concerns
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not. I know many black people that do not want any financial help‚ and I know plenty of white people that receive food stamps. I think mostly people want to say this type of stuff because they are unable to budget their money correctly. Week 6 - DQ 2 Have you seen changes in racial equality and diversity in the past 5 to 10 years? If so‚ what was the motivating factor behind these changes? If not‚ why do you think things haven’t changed? I have seen some changes in racial equality and diversity
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Discussion Board 1/ Week 1 Business Ethics Benji Watson graduated near the top of his class in the Liberty University MBA program and he was recruited by several national corporations. One of those corporations was New Gen Health Sciences. New Gen manufactures and sells various vitamins‚ health foods and health supplements and it was recently featured in Fortune Magazine as one of the fastest growing companies in America. Benji was invited to attend a weekend long “Get to Know Us” event at New
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Chapter 18 Questions 1)Define active solar heating‚ and explain how it works. Active solar heating is a system of putting the sun’s energy to use in which collectors absorb solar energy and pumps or fans distribute the collected heat. This functions in the manner that heat absorbed by a solar collector is transferred to a fluid inside the panel‚ which is then pumped to the heat exchanger‚ where the heat is transferred to water that will be stored in the hot water tank. 2)Define photovoltaic solar
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ever-changing and fast-paced competitive market‚ firms undertake international ventures in order to increase competitive advantage. Thus‚ multinational managers are used to carry out the company’s business objectives overseas. Therefore‚ a multinational manager will have different tasks and handle different situations that a local manager would not have to tackle. For multinational managers‚ the main factors that determine their management objectives and procedures are culture and social institutions
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into liquid first before we can use the indicator solution on it. 2. Place the vegetables in the blender and pulp them‚ adding 240 ml of water to help with the blending (remember to rinse the blender after each pulp to prevent contamination of results). 3. Strain and keep the juices. Second‚ the iodine indicator must be created. 1. In a pot mix the cornstarch (1 tbsp) and 250 milliliters of water together to make a paste. 2. Put the cream in a stove and boil for three minutes. 3. Using a dropper
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Production and Operations Analysis‚ Fourth Edition Solutions To Problems From Chapter 2 2.12 a) and b) Forecast (86 + 75)/2 (75 + 72)/2 etc = = 80.5 73.5 77.5 107.5 98.5 87.5 100.0 78.5 79.5 95.0 = = Period 3 4 5 6 7 8 9 10 11 12 21.6 717.5 Actual 72 83 132 65 110 90 67 92 98 73 et +8.5 -9.5 -54.5 42.5 -11.5 -2.5 +33.0 -13.5 -18.5 +22.0 c) MAD MSE = = (216)/10 (7175)/10 MAPE = 100 1 n ∑D i ei = 25.61 2.13 Fcst 1 Fcst 2 223 289 430 134 190 550 210 320 390 112 150 490 Demand
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Summary 1 Name of the book: Operations management for competitive advantage 11th edition. Section# 1: Operations Strategy and Managing Change Chapter# 2: Operations Strategy and Competitiveness The first section of this chapter explains the meaning of operations strategy. It includes a brief introduction to operations strategy with a historical example about the scenario of the post-World War II era. The second section is divided into three sub-sections: competitive dimensions‚ the notion
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two popular databases that are used on a daily basis for many people. Part of keeping a business organized is to use Enterprise resource planning (ERP) systems take a business procedure view of the overall organization to integrate the planning‚ management‚ and use of all of an organization’s resources‚ employing a common software platform and database. Though some companies have developed their own ERP systems‚ most establishments use commercially available ERP software. The leading ERP software
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• Review the “Reasonable SMART Goal Setting” tutorial and answer the following questions: How do you prioritize equally important goals? How do you maintain flexibility and focus in reaching these goals? There are different points and times in everyone’s life where one goal will overlap another or one goal will become more important than another. The ability to step back‚ take a second look and then reevaluate a problem or obstacle in order to come up with a new plan or solution is a very important
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