Chapter 4 Solutions 2. You have just won $10 million in the state lottery which promises to pay you $1 million (tax free) every year for the next ten years. Have you really won $10 million? No‚ because the present discounted value of these payments is necessarily less than $10 million as long as the interest rate is greater than zero. 3. If the interest rate is 10%‚ what is the present value of a security that pays you $1‚100 next year‚ $1‚210 the year after‚ and $1‚331 the year after
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Scottish Independence Pre-reading What do you know about Scotland? Use 5 minutes on writing down what you know about Scotland Comprehension 1. What are the arguments for Scottish independence? What are the arguments against? - they want to make their own decisions. The for is Scotland will become lot more independent. 2. Do you think it is solely an economic question? Why/why not? It is not only because of the economic‚ but it has something to do with it. There are a lot of cultural
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Reaction on Gung Ho movie When a Japanese automaker takes over a failed American auto plant‚ differences between American and Japanese work ethics threaten to close the plant. The local auto plant in Hadleyville‚ Pennsylvania‚ which supplied most of the town’s jobs‚ has been closed for nine months. Former foreman Hunt Stevenson (Michael Keaton) goes to Tokyo to try to convince the Assan Motors Corporation to reopen the plant. The Japanese company agrees‚ and upon their arrival in the U.S.‚
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Gung Ho! Increase Productivity‚ Profits‚ and Your Own Prosperity The Big Idea From a classic story about a plant called Walton Works #2‚ here are invaluable management lessons on increasing productivity by fostering high morale. It will work for any type of organization! Based on three core ideas: work must be seen as important‚ workers must be in control of their own production‚ and managers must cheer workers on. This is a tried and tested Native American recipe for surefire success. Follow
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Gung Ho‚ by Ken Blanchard and Sheldon Bowles was a wonderful book that discussed many important factors involved in making a company truly successful. It had a good storyline to help to tell the story of Gung Ho. When I first picked up the book to read it I really had no idea what to expect to learn from the book. The points that were made in this book were very simple and common sense principles. I say that these principles are simple‚ but many companies do not think of these little things when
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Gung Ho" and the Integrated Cultural Framework The purpose of this exercise is to apply the dimensions of the Integrated Cultural Framework to the movie "Gung Ho". Each company is discussed separately using examples from the movie and then summary values provided. United States ICF Dimension Low Moderate High Ability to Influence High Comfort with Ambiguity High Assertiveness Doing/Masculine Individual/Collectivism Individual Time Orientation Present Space Orientation Public
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Kelvin Rudy Organizations in the New Economy Section: 7 Mary E. Boone Analysis 1: Gung Ho February 21‚ 2010 INTRODUCTION "Culture is more often a source of conflict than of synergy. Cultural differences are a nuisance at best and often a disaster." - Dr. Geert Hofstede The movie Gung Ho (a Chinese expression for "work together"1)‚ demonstrates a cross-cultural relationship between the Americans and the Japanese working together towards achieving the goal of reviving an American car manufacturing
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Creating Synergy in my life Gung Ho was a wonderful book of approach for developing and improving organizational culture and performance. Author uses three reassessment guideposts to explain the way to create an organization that contains productive and committed and employees. Three reassessment guideposts are spirit of the squirrel‚ way of the beaver‚ and gift of the goose. As I read the book‚ I evaluated myself‚ whether the 3 principles are applicable to my life or my church is applying the
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Chapter 2 & 3 Assignment – Gung Ho Case Study Answers Due Date – Oct 14‚ 2011 Points - 50 Possible Points Informal Institutions: Culture‚ Ethics‚ & Norms Introduction: Management Decision Section 1: (10 Points) this chapter emphasizes the importance of informal institutions (rules) – culture‚ ethics and norms that are the foundation of behavior for individuals and firms regardless of country. For managers this suggests that there are two broad implications: A. The institutional
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Analysis of the Movie Gung Ho Stephen Draughon MKTG 3852 July 22‚ 2012 Table of Contents Executive Summary ........................................................................................................................ 3 Introduction ..................................................................................................................................... 5 I. American and Japanese cultural values compared and contrasted. .......................................
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