In-class exercises – Tute 3 - Elasticities & Welfare Price elasticity of demand: How to calculate Sign and sizes – illustration by demand curve E & TR Determinants/factors MCQs: 1. Question 4 (Quiz - topic 3): If Sam‚ the Pizza Man‚ lowers the price of his pizzas from $6 to $5 and finds that sales increase from 400 to 600 pizzas per week‚ then the demand for Sam’s pizzas in this range is: a. price inelastic. b. price elastic. c. unit elastic. d. cross elastic. e. income inelastic
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Competitive MCQ-Exams/Tests and English Studies: Musings on NET (December 30‚ 2012) of English. Thank you University Grants Commission‚ also known as ‘You Get Cash’‚ for making me nearly mad during the last National ‘Eligibility’ Test and thereby revealing to me in an epiphanic moment about paper. Before I go on to my paper‚ let me make clear in the very outset itself that here we will not discuss the recent lawsuits between UGC and the students. I will not address the issues such as the validity
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such as salads and mineral water. With the recent introduction of “McCafe” they have entered the gourmet coffee market. Analyse McDonalds using a well known model to assess the competitive position that it occupies within its industry Laudon & Laudon (2006) claim that the most widely used model for understanding competitive advantage is a model known as “Porter’s Competitive Forces Model”. To assess competitive position using this model we must consider traditional competitors‚ the possibility
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References: Laudon‚ J. P.‚ & Laudon‚ K. C. (2008). Essentials of management information systems (8th ed.). Upper Saddle River‚ NJ: Prentice Hall.
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Bibliography: Laudon‚ Kenneth C and Jane P Laudon. Management Information Systems: Managing the Digital Firm. Boston: Prentice Hall‚ 2012. UPS. "2012 Annual Report." Annual Report. 2012. —. About UPS. n.d. 17 April 2013 <http://www.ups.com/content/corp/about/history/1999.html>
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References: Connection between the firm‚ IT infrastructure anvd Business Capabilities (Laudon & Laudon‚ 2012) Zara process is established by three mains steps: Ordering‚ Fulfillment and Design & Manufacturing
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SAMPLE QUESTIONS FOR ENGLISH PROFICIENCY TEST FOR CLASS X Rationale of the Test The test is text independent i.e. it is not based on a set text or syllabus. As a Proficiency Test‚ it tests both skills and knowledge. There is a balance between key aspects of language – as‚ for instance‚ reading skills‚ involving language knowledge as well as ability to process meanings through inference‚ analysis‚ comparison and evaluation; knowledge of grammar and vocabulary to the extent
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MIS: Sinosteel strengthens business management with ERP applications 1) What is the business of Sinosteel‚ what are its major challenges‚ and how would an ERP system address the challenge they face? Sinosteel is a company that is in charge of producing and processing metallurgical mineral resources‚ trading and logistics raw materials and products‚ and it is also related engineering technical service and equipment manufacture. The company is decentralized (it has many subsidiaries)‚ while its
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Latoya Starks Week 2: Enterprise Applications Paper IT/205 Enterprise Applications Paper Question 1: Describe two effects of database tools and technologies on business performance and decision making. Database tools and technologies affected the business processes and decision making by a great extent. The most important benefit of the database is to change unstructured information into structured information‚ and allow users to analysis the data stored into different
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Management Information Systems: Technology Management Management as defined by Mary Follett is “the art of getting things done through people” A manger is defined as a person who achieves the organization’s goals by motivating others to perform – not by performing himself. Whether management is an art or a science is a very subjective question. But it can be said without doubt that modern management in the environment of technology is becoming more of a science than an art. We define management
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