...Historical Events on this Day in History Events in History for Sunday 7th October 2012 All Events Birthdays Deaths Events 1 - 183 of 183 3761 BC - The epoch (origin) of the modern Hebrew calendar (Proleptic Julian calendar). 336 - Pope Saint Mark death ends his reign as Catholic Pope leaving the papacy vacant 1492 - Columbus misses Florida when he changed course 1506 - Pope Julius II & France occupy Bologna 1513 - Battle of La Motta: Spanish troops under Ramón de Cardona defeat the Venetians. 1520 - 1st public burning of books in Netherlands, in Louvain 1542 - Explorer Cabrillo discovered Catalina Island off California coast 1571 - Battle at Lepanto: Saint League (Spain & Italy) destroys Turkish fleet 1637 - Prince Frederik Henry occupies Breda 1690 - English attack Quebec under Louis de Buade 1702 - English/Dutch troops under Marlborough occupy Roermond 1714 - People riot due to beer tax in Alkmaar Neth 1737 - 40 foot waves sink 20,000 small craft & kill 300,000 (Bengal, India) 1763 - George III of Great Britain issues Proclamation of 1763, closing lands in North America north & west of Alleghenies to white settlement 1765 - Stamp Act Congress convenes in NY 1776 - Crown Prince Paul of Russia marries Sophie Marie Dorothea of Württemberg. 1777 - Americans beat Brits in 2nd Battle of Saratoga & Battle of Bemis Hts 1780 - British defeated by American militia near Kings Mountain, SC 1806 - Carbon paper patented in London by inventor Ralph Wedgewood 1816...
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...the proverbial “golden thread” within all discussions & readings: “pro – activity and preparation is everything – the rest consists of merely executing it” “to be able to get to know and to manage anybody else, I must be capable of getting to know and to manage myself, to start with” “people won´t buy-in to the vision, until they buy-in to the leader” “miraculous techniques, procedures and strategies simply don´t exist; every technique is only as good, as the individuals working with it” “any company is always and only as good, as its top management”. 2. CONTENTS: Expectable /selected/ market trends & prerequisites of succes “Top- class” firms History of Management Management functions: o Managing vs. Leading? o Planning o...
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...Solutions to Case Problems Manual to Accompany An Introduction To Management Science Quantitative Approaches To Decision Making Twelfth Edition David R. Anderson University of Cincinnati Dennis J. Sweeney University of Cincinnati Thomas A. Williams Rochester Institute of Technology R. Kipp Martin University of Chicago South-Western Cincinnati, Ohio Contents Preface Chapter 1: Introduction ♦ Scheduling a Golf League Chapter 2: An Introduction to Linear Programming ♦ Workload Balancing ♦ Production Strategy ♦ Hart Venture Capital Chapter 3: Linear Programming: Sensitivity Analysis and Interpretation of Solution ♦ Product Mix ♦ Investment Strategy ♦ Truck Leasing Strategy Chapter 4: Linear Programming Applications in Marketing, Finance and Operations Management ♦ Planning an Advertising Campaign ♦ Phoenix Computer ♦ Textile Mill Scheduling ♦ Workforce Scheduling ♦ Duke Energy Coal Allocation Chapter 6: Distribution and Network Models ♦ Solution Plus ♦ Distribution Systems Design Chapter 7: Integer Linear Programming ♦ Textbook Publishing ♦ Yeager National Bank ♦ Production Scheduling with Changeover Costs Chapter 8: Nonlinear Optimization Models ♦ Portfolio Optimization with Transaction Costs Chapter 9: Project Scheduling: PERT/CPM ♦ R.C. Coleman Chapter 10: Inventory Models ♦ Wagner Fabricating Company ♦ River City Fire Department Chapter 11: Waiting Line Models ♦ Regional Airlines ♦ Office Equipment, Inc. Chapter 12: Simulation ♦ Tri-State Corporation...
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...Office of Inspector General AVIATION INDUSTRY PERFORMANCE A Review of the Aviation Industry, 2008–2011 Number: CC-2012-029 Date Issued: September 24, 2012 Memorandum U.S. Department of Transportation Office of the Secretary of Transportation Office of Inspector General Subject: INFORMATION: Aviation Industry Performance: A Review of the Aviation Industry, 2008–2011 Controlled Correspondence No. 2012-029 Calvin L. Scovel III Inspector General The Secretary Acting Federal Aviation Administrator Assistant Secretary for Aviation and International Affairs Date: September 24, 2012 From: To: Since its inception, the aviation industry has undergone significant transformations as a result of technological developments, economic pressures, and other factors. Most recently, economic recession and recurrent high fuel costs have challenged U.S. airlines, which have taken a number of actions to lower costs and increase revenue—including capacity reductions, fare increases, baggage fees, and mergers. Beginning in 2002, the Office of Inspector General has issued periodic reports regarding the performance of the aviation industry. This report, the 11th in the series, focuses primarily on industry performance during the 2008–2011 period and summarizes long-term trends since 2000. This report also highlights issues related to changes in airlines’ business environment, the industry’s reactions to those changes, and the impact of these actions on the traveling public...
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...ORIGINAL INVESTIGATION Benefits of Influenza Vaccination for Low-, Intermediate-, and High-Risk Senior Citizens Kristin L. Nichol, MD, MPH; J. Wuorenma, RN, BSN; T. von Sternberg, MD Background: Vaccination rates for healthy senior citizens are lower than those for senior citizens with underlying medical conditions such as chronic heart or lung disease. Uncertainty about the benefits of influenza vaccination for healthy senior citizens may contribute to lower rates of utilization in this group. Objective: To clarify the benefits of influenza vaccina- tion among low-risk senior citizens while concurrently assessing the benefits for intermediate- and high-risk senior citizens. Methods: All elderly members of a large health maintenance organization were included in each of 6 consecutive study cohorts. Subjects were grouped according to risk status: high risk (having heart or lung disease), intermediate risk (having diabetes, renal disease, stroke and/or dementia, or rheumatologic disease), and low risk. Outcomes were compared between vaccinated and unvaccinated subjects after controlling for baseline demographic and health characteristics. Results: There were more than 20 000 subjects in each pitalizations (P .001), a 32% decrease in hospitalizations for all respiratory conditions (P .001), and a 27% decrease in hospitalizations for congestive heart failure (P .001). Immunization was also associated with a 50% reduction in all-cause mortality (P .001). Within the risk...
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...About Libman: Libman CO 220 N Sheldon Street Arcola, IL61910-1616 Phone: (877) 818-3380 Fax: (217) 268-4168 Email: info@libman.com Business Hours: Monday - Friday, 8:00 AM - 4:30 PM CST From- Hoover’s The Libman company- Sales= $33.4M EEs = 250 Executives | Robert Libman- President | Aaron Libman- President/owner | Paul Shearer- Chief Information Officer | Credit Rating- Low= These businesses have a low projected risk of delinquency and a moderate to low risk of failure. The Libman Company Employment Opportunities Provided by Indeed Title | Analyst/Associate Consultant Mon Jun 3 2013 | Manager/Sr. Manager - Project Lead Custom Analytics Mon Jun 3 2013 | Vice President, Client Development Mon Jun 3 2013 | Associate Retail Client Manager/Retail Client Manager Mon Jun 3 2013 | Supervisor US Field Service Fri May 31 2013 | Consultant/Sr. Consultant Mon Jun 3 2013 | Territory Sales Manager Tue May 28 2013 | VP, Global Analytics Lead Wed May 29 2013 | Director, Client Service Tue May 28 2013 | FT Field Service Representative - Norfolk Tue Jun 4 2013 | From “Going mop head to mop head” Wall Street Journal article: “ Household mop maker Libman Co. felt it was time to deliver a floor mop in the "quick clean" category. Marketing director, Brian Sowinski says the Swiffer was "really the only game in town in that category." Libman's Freedom mop is a "sort of in-between cleaning" device that consumers can use...
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...PROMOTIONAL EFFICIENCY AND THE INTERACTION BETWEEN BUYING BEHAVIOR TYPE AND PRODUCT PRESENTATION FORMAT – EVIDENCE FROM AN EXPLORATORY STUDY Franz-Rudolf Esch, Joern Redler and Tobias Langner Justus-Liebig-University Track: Personal Selling and Sales Management Keywords: sales promotion, planned purchases, unplanned purchases, impulse purchases, POP-displays Abstract We report the findings of an exploratory study on the interaction between buying behavior style and product presentation. The results, which are compatible with findings from other studies, offer support for our approach that the effectiveness of display usage is moderated by the type of product under promotion. Using observational data we find that the impulsive power and therewith promotional efficiency depends on the type of underlying product specific buying behavior. As our findings show, displays are more effective in influencing purchase behavior when used with impulsively bought products. The question to which extend other categories should be considered for display promotion needs careful evaluation. With product categories bought routinely, other than display-based forms of promotion seem to be more promising strategies with regard to promotional efficiency. Introduction Sales promotions cover a wide spectrum of activities to influence consumers to make a purchase. Especially monetary promotions like price-offs, rebates or coupons, are heavily used in this context, and their effects have received considerable...
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...Attitudes towards Gender and Leadership Effectiveness By: Claire Duthil Attitudes towards Gender and Leadership Effectiveness Abstract This paper seeks to review and discuss the roles of gender in leadership and how they are effective. As shown from previous overviews, the evidence for sex differences in leadership behavior is still mixed, yet it is clear that these sex differences have not vanished. Although we are in the 21st century, women face hardship every day in the workplace as leaders. It is argued that sex differences in leadership styles is one of the main reasons in which male and female leaders work with different styles. Organizational factors like sex-composition of the immediate working context and hierarchical level are important moderators of leadership styles. For example, women are more likely than men to lead in a style that is effective under contemporary conditions (Eagly, Carli, 2003). To contrast these claims, Veccho claims that "women have some disadvantages in typical leadership style but suffer some disadvantages from prejudicial evaluations of their competence as leaders, especially in masculine organizational contexts" (Veccho, 2002). All in all women are rising into leadership roles at all levels. Problem Statement The society has always been in a need of effective management and efficient leaders on top. The roles of leaders determine the course and successfulness of the processes in all walks of life. In times...
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...Social Gospel = liberal movement within American Protestantism that attempted to apply biblical teachings to problems associated with industrialization. It took form during the latter half of the 19th cent. under the leadership of Washington Gladden and Walter Rauschenbusch, who feared the isolation of religion from the working class. They believed in social progress and the essential goodness of humanity. The views of the Social Gospel movement were given formal expression in 1908 when the Federal Council of the Churches of Christ in America adopted what was later called "the social creed of the churches." Advocated in the creed were the abolition of child labor, better working conditions for women, one day off during the week, and the right of every worker to a living wage. With the rise of the organized labor movement in the early 20th cent. the Social Gospel movement lost much of its appeal as an independent force. However, many of its ideals were later embodied in the New Deal legislation of the 1930s New Nationalism was Theodore Roosevelt's Progressive political philosophy during the 1912 election. He made the case for what he called the New Nationalism in a speech in Osawatomie, Kansas, in August 1910. The central issue, he argued, was human welfare versus property rights. He insisted that only a powerful federal government could regulate the economy and guarantee social justice. Roosevelt believed that the concentration in industry was not necessarily bad, if the industry...
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...Henri Mintzberg considers the image of management which was developed from the work of Henry Fayol as one of folklore rather than fact. However, it could be argued that the image portrayed by Fayol is superior to that of Mintzberg, and the latter’s description is of rather ineffective management! Who do think is right? Over 50 years ago, English-speaking managers were directly introduced to Henry Fayol’s theory in management. His treatise, General and Industrial Management (1949), has had a great effect on managers and the practice of management around the world. However, 24 years after the English translation of Fayol, Henri Mintzberg in the Nature of Managerial Work (1973) developed another theory and stated that Fayol’s work was just “folklores”. This essay is to prove that work of Fayol and Mintzberg both have validity and they can be reconciled to some extent. It also claims that Fayol’s theory has been proved to be more useful in the practice of management and can not be called “folklores” as stated by Mintzberg. In the book General and Industrial Management (1949), Fayol described management as a function and to manage was to plan, organise, coordinate, command, and control. To plan was to forecast what might happen in the future and determine a chain of actions to be taken by the whole organisation. To organise was to build up a dual structure of the undertakings, allocate the materials and human and lay out the lines of authorities and responsibility. To command...
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...QuickView Leadership Series Helping you navigate the leadership landscape Are Leaders Born or Made? Perspectives from the Executive Suite By: William Gentry, Ph.D., Jennifer J. Deal, Ph.D., Sarah Stawiski, Ph.D., and Marian Ruderman, Ph.D. Issued March 2012 Introduction Do you think a leader should be a hero or a negotiator? Out in front leading people or coordinating the work of the group? Destined to be a leader or developed to be a leader? The way we think about leadership affects how we perceive the leaders around us. For instance, if we expect a leader to be a hero, we are likely to see someone who takes charge to save the day as a good leader and someone who asks everyone’s opinions and lets the group make decisions as weak. Alternatively, if we think a leader should be collaborative and focused on making sure decisions arise from the group, we would view someone who is directive as aggressive or a tyrant. our beliefs about how people become leaders affect how we evaluate people’s leadership potential. Believing people are born leaders is likely to result in a focus more on selecIn the same way, tion (identify the right people) rather than on development (develop the people you get). On the other hand, believing that people are made into leaders by their experiences would be more likely to result in a greater focus on making sure people had the right opportunities to develop into leaders. Consider United States Supreme Court Justice Antonin...
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...Volume 10, Issue 3 Fall 2010 No Double Dip On July 5th, 6th, and very early on the 7th of this year, I engaged in 70 minutes of rigorous stationary biking, a full cycle of weightlifting, and my daily stretching regimen. Oh sure, I had some hip pain and a sore knee, but at age 59, I was rocking and rolling. In this regard, I was not unlike the U.S. economy in 2005-April 2007, which was doing great in spite of some fundamental problems. Then in the course of a few hours on July 7th, I was unable to walk more than a few steps after having a hip replaced. Just like the U.S. economy in late 2008, my infirmity had taken me down a few notches! My subsequent recovery was remarkably similar to that facing the U.S. economy: a satisfactory recovery to unremarkable mediocrity. As I describe my recovery, bear in mind that the U.S. economy shed 8.4 million jobs and 4.1% of GDP in roughly 18 months. This is a lot of economic damage. On July 8th, I was able to walk twice a day for 20 minutes, bearing weight on crutches, lifting light hand weights, and doing simple leg therapy. By July 19th, I did not need any pills or a cane, and was able to walk an hour twice a day at a 23-minute-mile pace. By August 19th, I biked at full resistance for 50 minutes, walked 15-minute-miles for an hour, actively lifted leg weights, Thru Latest Available as of Sept 20, 2010 3.0 $420.5 20.5 1.9 960.1 $418 15.8 6.3 1,458.0 723.0 -50.0 261.0 681.0 15.8 4.5 20.0 93.9 -2.3 2.4 -190.2 $305.1 -$351.9 On the...
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...effect that surface modifications have on the urban heat island phenomenon and related ozone problem in the metropolitan area of Chicago, IL. The basic hypothesis is that urban, summertime temperatures can be significantly lowered by increasing the vegetative landscape cover and enhancing the solar reflectivity of paved and roofed surfaces within an urban area. It is proposed that in addition to a decrease in temperature, the modification of an urban surface to include more vegetative cover and lighter, lower albedo surfaces will also reduce energy consumption, ozone exceedances, and detrimental environmental and human health effects associated with high levels of ozone. The analysis is divided into three main parts. The first section of this report introduces the causes of ground level ozone and its effects in urban areas. It explains both the chemistry and transport associated with ozone exceedances. The second section is a compilation of the most viable mitigation strategies of urban heat islands: increasing vegetative cover and increasing proportions of light to dark surfaces. The effects, implementation strategies, and specific strengths and weaknesses associated with each approach are described, including a comparison of asphalt and concrete pavements systems using a life cycle analysis approach. The final section provides a case study of the Chicago area. This study entailed an examination of the land use, development of an urban fabric analysis in which total vegetative, paved...
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...FROM ‘STRATEGY’ TO ‘CORPORATE COMMUNICATION STRATEGY’: A CONCEPTUALISATION Paper delivered at the 9th International Public Relations Research Symposium, held at Lake Bled from 4-7 July, 2002 Benita Steyn APR Lecturer Dept of Marketing and Communication Management Faculty of Economic and Management Sciences University of Pretoria SOUTH AFRICA 0002 (27 12) 420-4040 w (27 12) 362-5085 fax bsteyn@hakuna.up.ac.za TABLE OF CONTENTS 1. 2. 2.1 2.2 2.3 2.4 INTRODUCTION DEFINITION OF TERMS CORPORATE COMMUNICATION PUBLIC RELATIONS STRATEGY STAKEHOLDERS AND PUBLICS 1 1 1 1 2 2 3. APPROACHES TO THE ROLE OF BUSINESS IN SOCIETY AS A METATHEORETICAL FRAMEWORK 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 THE SHAREHOLDER APPROACH THE SOCIAL RESPONSIBILITY/ETHICAL APPROACH THE CORPORATE SOCIAL RESPONSIVENESS APPROACH THE CORPORATE SOCIAL PERFORMANCE APPROACH THE STAKEHOLDER APPROACH THE ISSUES APPROACH THE ‘CORPORATE COMMUNITY’ APPROACH CONCLUSION 2 2 2 3 3 3 4 5 6 4. STRATEGIC MANAGEMENT AS A THEORETICAL FRAMEWORK 6 6 8 8 8 9 9 10 11 11 11 11 11 11 12 12 12 12 13 13 13 14 14 14 14 15 4.1 STRATEGY AS THE MAJOR CONCEPT 4.2 THE CONTEXT OF STRATEGIC MANAGEMENT 4.3 THE LEVELS OF STRATEGIC MANAGEMENT 4.3.1 Enterprise strategy 4.3.2 Corporate strategy 4.3.3 Business-unit strategy 4.3.4 Functional strategy 4.3.5 Operational strategy 4.3.6 Conclusion 4.4 THE PROCESS OF STRATEGIC MANAGEMENT 4.4.1 Environmental analysis 4.4.2 Goal formulation 4.4.3 Strategic thinking and...
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...Curriculum Source References The following references were used in the CFA Institute-produced publications Quantitative Methods for Investment Analysis, Analysis of Equity Investments: Valuation, and Managing Investment Portfolios: A Dynamic Process. Ackerman, Carl, Richard McEnally, and David Ravenscraft. 1999. “The Performance of Hedge Funds: Risk, Return, and Incentives.” Journal of Finance. Vol. 54, No. 3: 833–874. ACLI Survey. 2003. The American Council of Life Insurers. Agarwal, Vikas and Narayan Naik. 2000. “Performance Evaluation of Hedge Funds with OptionBased and Buy-and-Hold Strategies.” Working Paper, London Business School. Ali, Paul Usman and Martin Gold. 2002. “An Appraisal of Socially Responsible Investments and Implications for Trustees and Other Investment Fiduciaries.” Working Paper, University of Melbourne. Almgren, Robert and Neil Chriss. 2000/2001. “Optimal Execution of Portfolio Transactions.” Journal of Risk. Vol. 3: 5–39. Altman, Edward I. 1968. “Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy.” Journal of Finance. Vol. 23: 589–699. Altman, Edward I. and Vellore M. Kishore. 1996. “Almost Everything You Wanted to Know about Recoveries on Defaulted Bonds.” Financial Analysts Journal. Vol. 52, No. 6: 57−63. Altman, Edward I., R. Haldeman, and P. Narayanan. 1977. “Zeta Analysis: A New Model to Identify Bankruptcy Risk of Corporations.” Journal of Banking and Finance. Vol. 1: 29−54. Ambachtsheer, Keith, Ronald Capelle, and...
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