...of Lec(s) Per Week Nbr of Lec(s) Per Week 2 Duration Duration Duration 75 Minutes COURSE DISTRIBUTION Core Elective Open for Student Category Close for Student Category COURSE DESCRIPTION This course surveys quantitative marketing methodology. Our emphasis will be on the selection and use of models to support marketing strategy. Topics include: analysis of consumer behavior; segmentation, targeting, positioning, forecasting methods; new product decisions; and advertising decision models; sales force decision models and pricing decision models. The focus of the course is on the use of analytical approaches and computer-based models to formulate and solve problems. This course will also provide you an opportunity to improve your statistical and analytical skills. COURSE PREREQUISITE(S) • • • Statistics OR Statistics and Data Analysis OR Probability and Statistics COURSE OBJECTIVES (CO) 1. 2. 3. 4. Develop an understanding of the use of analytical techniques and computer models in enhancing marketing decision making in modern enterprises Improve students’ skills in viewing business processes and relationships systematically and analytically Provide students with the software tools that will enable them to apply the models and methods taught in the course to real business problems. Provide students an opportunity to demonstrate effective communication in presenting and defending their modeling work. COURSE LEARNING OUTCOMES (CLO) 1. 2. 3. Lahore University...
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... With the exponential expansion of powers of the executive arm of government and equally massive interests in civil liberties, it is therefore inevitable that we re-examine the relationship between these discretionary powers and what is essentially the rule of law. This essay seeks to analyse the role played by the courts in the limitation of this powers while ensuring that the Executive runs efficiently while ensuring that that the rights of civilians are protected. Discretionary power is the individual judgement; the power of free decision making, a public official’s power to act in a certain circumstances according to the personal judgement and conscience, often in official or representative capacity. Discretion can also be defined as powers granted to an administrator to make a decision with the highest...
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...that would increase employee motivation and satisfaction. The practice reduced the bureaucratic governance that was embedded in the past management. The employees were now able to get involved in decision making, creativity, and innovation. Interaction with top management was also encouraged. Becker's policy however did not improve the performance of the organisation, he spent a great deal of time solving employee problems, there was an increase in the number of complaints by customers and an increase in mistakes made by the employees. The performance of the organisation therefore deteriorated. Symptoms & Causes of Deterioration of Performance: Symptoms & Causes of Deterioration of Performance, Cultural factors, Communication factors, Staff performance: 1. Personality and organisational fit 2. Job design and role ambiguity 3. Espoused and enacted values Power hierarchy & decision making process 4. Stress 5. absenteeism, 6. high staff turnover and 7. Job satisfaction Major issues in the case: Major issues in the case Organisational change inadequately managed. • Following this, Becker did not employ a communication strategy that supported the dissimilarity between management and employees and their different cultures. • Unclear decision making process and power hierarchy within organisation. • Lack of proper analysis of the chances of success of the strategy of empowerment. • Lack of proper coordination within the management...
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...Case 10: Steele Enterprises Main Problem: Constant fighting between Richard Leeman, Chief of Chemical Branch Public Relations and Donna Olson, Chief of Mechanical Branch Public Relations. Facts of the Case: 1. Olson and her team were tasked to take charge of the PR Dinner and she was claiming that Leeman suddenly took over the arrangements, without any directive from their boss, for the dinner which infuriated Olson. 2. Leeman was claiming that if it was not for him, the company would have to pay $4,000 on top of the $12,000 budget. He took action when he saw the cost sheet of the catering manager amounting to $16,500. 3. With the constant fighting, it has been brought to the attention of the Regional Manager, Alfred Gamble and kidded that the type of competition should be fierce in the PR business. 4. Documented cases, seven to be in particular, between Leeman and Olson. Alternative Solutions: 1. Getting rid of either Leeman or Olson. PROS: * This MIGHT reduce the constant bickering between the two branches. CONS: * Losing one of the most talented employees would be a great adjustment for the company. It might also take time before they can replace a skilled employee. * This might also create more conflict between the two groups but the main problem would be ‘Who should the company dismiss? And for what grounds?’ It might be unfair for the other party. 2. Trading either Leeman or Olson for Bob Lyons at the Central Region Office at St. Louis. ...
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...WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order to ace their studies. ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order to ace their studies. ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1...
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...3 DECISION-MAKING TOOLS DECISION-MAKING TOOLS 1 Basic Tools for Process Improvement What are team Decision-Making Tools? Two tools frequently used by teams to make decisions are Multivoting and Nominal Group Technique. While idea-generating tools such as Brainstorming produce a list of possible alternatives, Multivoting and Nominal Group Technique help to identify the important or popular items or prioritize the items on a list (Viewgraph 1). NOTE: It is important to remember that not all decisions are made in a team situation. Of those decisions that are made by teams, not every one is going to be made using these tools. How does a team select the right tool to use? ! Try Multivoting if you need to: > Reduce a long list of ideas and assign priorities quickly and with a high degree of team agreement > Identify the important items on a list ! Try Nominal Group Technique if you need a more structured approach to: > Generate, clarify, and evaluate a sizable list of ideas, problems, or issues > Prioritize the items on a list 2 DECISION-MAKING TOOLS Basic Tools for Process Improvement Tools for Making Decisions • Multivoting > Reduces long lists of ideas > Identifies important items • Nominal Group Technique > Generates ideas > Prioritizes items DECISION-MAKING TOOLS VIEWGRAPH 1 DECISION-MAKING TOOLS 3 Basic Tools for Process Improvement 4 DECISION-MAKING TOOLS Basic Tools for Process Improvement MULTIVOTING DECISION-MAKING...
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...Winning Competitive Strategies) is an online, PC-based exercise where you run (in groups) an already established company in head-to-head competition against companies run by other groups from your class. Company operations are made as realistic as possible and the functioning of the marketplace in this Business Strategy Game closely mirrors the competitive functioning of the real-world business arena, thus allowing you and your co-managers to proceed rationally and logically in making strategic based decisions. As strategic managers you will need to satisfy your board members and shareholders/investors on five set performance objectives for the company. These will be explained in full detail in the Participant's Guide which you can download once you register for the game. While the objective of the game itself is to end up leading the competition, through these performance objectives, your assessment mark will be based on an individual report. This simulation game will commence from the tenth week (eleventh for cohort 2) of term. There will be: two practice sessions in the first two weeks where the simulation game will be presented in full detail; followed by five full decision making sessions over the next five weeks. At the end of the Business Simulation Game you will be required to prepare an Individual Reflective Strategic Report. This report will be borne out of your strategic analysis, rationalisations and decisions made together with reflections on your awareness of...
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...The article presents a comprehensive approach to the administrative discretion. The objective of the paper has been to outline a perspective and patterns of behaviour, which are helpful defining "discretion in action". Theoretical discussion on the issue has been extended towards practical implications. Author stresses, that establishing a decision-making architecture, leaders of the organization can create learning and supportive environment, which encourages appropriate and limited use of discretion. Raktažodžiai: atskaitomybė, atsakomybė, diskretiškumas, etika, korupcija, sprendimų priėmimas. Keywords: accountability, responsibility, discretion, ethics, corruption, decision making. Introduction Few aspects of Public Administration engender more controversy than the idea of discretion. For most, the attitude toward the exercise of discretion must be described as ambiguous and even ambivalent. While the necessity of the exercise of discretion is not disputed, there is little agreement on the normative foundation (Bryner, 1987) for that activity. Yet without a normative foundation, there is little basis upon which to judge the exercise of discretion. Recent literature on ethical practices in the governments of Africa has boldly asserted that discretion leads to the breakdown of the rule of law and threatens the capacity to govern (Hope, 1999). Those who have witnessed the slow slide into corruption that has befallen many a nation make the reduction of official discretion a...
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...This file of BUS 642 Week 3 Exercises consists of: 1. Complete Making Research Decisions, 5, page 315. Using this measuring scale we can be pretty sure about the real attitude of the customer about that product. The customer decision in a ranking scale is just based on possible answers of the customer. I strongly believe that the Coke was fine but not 3.more than Sprite. We cannot make any other judgments in such sort of scale. Complete Terms in Review, 1- 3, page 123. How does each of these five evaluation factors for a secondary source influence its management decision making value? 2. Distinctions between primary, secondary and tertiary sources in secondary search 3. What problems of secondary data quality must researchers face? How can they deal with them? On companion website: 1. Read the case study, State Farm: Dangerous Intersections. Answer questions 1 through 5. (This case can be downloaded from the text book web site, highered.mcgraw-hill.com/sites/0073373702/student_view0/cases.html) 2. What hypothesis might drive the research of one of the cities on the top 10 dangerous intersection list? 3. Evaluate the methodology for State Farm Business - General Business Week Three Exercises Complete the following exercises: In your text book Complete Making Research Decisions, 5, page 315. Complete Terms in Review, 1- 3, page 123. On companion website Read the case study, State Farm: Dangerous Intersections...
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...Course Outline School: Department: Course Title: Course Code: Course Hours/Credits: Prerequisites: Co-requisites: Eligible for Prior Learning, Assessment and Recognition: Originated by: Creation Date: Revised by: Revision Date: Current Semester: Approved by: Business Graduate Studies Accounting for Managerial Decision Making ACCT 701 56 N/A N/A Yes Basil Chan, John Harris Summer 2013 Geoffrey Prince Summer 2014 Winter 2015 Chairperson/Dean Students are expected to review and understand all areas of the course outline. Retain this course outline for future transfer credit applications. A fee may be charged for additional copies. This course outline is available in alternative formats upon request. ACCT 701 CENTENNIAL COLLEGE Accounting for Managerial Decision Making Course Description This course will introduce the student to the principles of management accounting. Topics include costvolume-profit relationships, relevant costing, performance measurement, and the application of management accounting concepts and techniques to support business decision making. Program Outcomes Successful completion of this and other courses in the program culminates in the achievement of the Vocational Learning Outcomes (program outcomes) set by the Ministry of Training, Colleges and Universities in the Program Standard. The VLOs express the learning a student must reliably demonstrate before graduation. To ensure a meaningful learning experience and to better understand...
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...that people make in junior high and high school impact hiring decisions when they are 30. Consider the following questions. Question 1: Which of the perspectives of the four members of the G-BioSport Ethics Committee did you find most persuasive as you consider how you will manage your own digital footprint? Which was lease persuasive? Why? - I found that Mark Tatum was the most persuasive. He values truthfulness and honesty and values the right of each individual to think about how they will follow their conscience and I think if everyone in the community valued the same, it would make the community a better place. In my opinion the least persuasive was Alex Smith. He states that he wants to make sure that the choices we make as a community should be good for everyone but I think as individuals, we all have our opinions on what we would all consider as “good.” Question 2: Did the perspective you found persuasive mirror your result from the Ethical Lens Inventory? Where did you see similarities and differences? - I believe the perspective I found most persuasive mirrors my result from the Ethical Lens Inventory. We both shared the same Rights/Responsibilities Lens. We both value truthfulness and honesty. From the e-mail, I don’t think there are any differences because I felt that if I were in the position to write an e-mail, I would say the same exact thing. You have now completed the EthicsGame Ethics Exercise. Remember ... Values + Choice = Ethics University of Phoenix...
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...ADMINISTRATIVE LAW INTRODUCTION Administrative law refers to the body of principles and procedures by which the exercise of executive government is controlled and supervised FOUR MECHANISMS OF ADMINISTRATIVE LAW 1. JUDICIAL REVIEW Whether the actions of the relevant public authority or official are legally correct and whether they acted within the confines of the power conferred on them or correctly exercised that power by adherence to procedures they were required to follow 2. MERITS REVIEW An independent or impartial reconsideration of all aspects of a decision by a public authority or official, the review body notionally “standing in the shoes” of the original decision maker and determining what is the correct or preferable decision 3. FREEDOM OF INFORMATION Provides the public at large with rights of access to government held information 4. OMBUDSMAN REVIEW Independent investigation of complaints about incorrect or unjust executive actions by public bodies or officials particularly in other circumstances where remedies are unavailable or unsuitable IF QUESTION INVOLVES ANY OF THESE IT IS A FEDERAL TRIBUNAL ISSUE • • • • • Immigration Social Security Tax Customs and Excise Native title IF QUESTION INVOLVES THESE IT IS STATE • • • • • Land and resources management Occupational and business regulation Local government Prisons Education JUDICIAL REVIEW • Judicial review is the means by which courts determine whether or not...
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...the other way round where the employee is asked to assess the performance of their supervisor. In addition to assessing various aspects that are directly related to the employees’ duties and responsibilities, performance evaluation also seeks to assess other additional aspect that as much as they might not be directly related to the duties and responsibilities of the employee, they have a significant impact on the employee’s capacity to effectively dispense their duties and responsibilities (Smither & London, 2009). Some of these factors might include: the ability of the employee to make timely decisions, the interpersonal skills of the employee and the ability of the employee to work with minimal supervision (Harvard Business School, 2009). There are various benefits that are associated with performance evaluation with the most obvious benefit being the fact that such exercises can be used to improve the overall performance of the employee under appraisal. This is because during such e valuations, specific aspects that have the potential to impact on the performance of the employee are analyzed and through these analyses, the Human Resource department of the organization can use the information obtained thereof to assess any weaknesses regarding the...
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...Clinical Decision Making Through High-fidelity Interdisciplinary Simulation Training By: Pamela M. Maxson, PhD, RN; Eric J. Dozois, MD; Stefan D. Holubar, MD; Diane M. Wrobleski, PhD, RN, and etc. According to McConaughey and Marshall and Manus, the Joint Commission identified communication problems as the root cause of 65% of sentinel events with 74% resulting in deaths. The communication between nurses and physicians is a very vital thing to make sure things run smoothly in a hospital. Effective collaboration between nurses and physicians has been shown to reduce morbidity and mortality rates, cost of care, and medical errors and to improve job satisfaction and retention of nursing staff (Mayo Clinic, 2011). Collaboration between nurses and physicians is a big deal for retention purposes. Patients are at risk of serious effects when exchanged information is misunderstood or misinterpreted. The need for improvement in the ability of nurses and physicians to exchange information is well known. Team-training exercises for health care professionals are considered to be highly effective tool to improve communication and team performance, especially in crisis situations (Mayo Clinic, 2011). One way to do this is high fidelity simulation training which offers a realistic and experiential environment in which learners practice response to clinical scenarios, debrief, and evaluate team performance in the absence of patient risk (Mayo Clinic, 2011). Simulation exercises offer a...
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...to those standards was all that I need it to make good decisions. I was very surprised with the results of the ethical lens exercise. By doing the ethical lens exercise, I was able to know my preferred ethical lens, blind spots, strengths and weaknesses. According to the ethical lens inventory, my preferred ethical lens is the Rights/Responsibilities Lens. This lens identifies individual duties as well as their rights. The Rights/Responsibilities Lens looks at the reason for acting towards a situation and how clearly my duties can be defined(University of Phoenix, 2012). With the example Mark with the computer plagiarism, I felt that making sure that Mark is treated with respect and dignity was the most important action. Mark should have had the opportunity to explain what had occurred with allegation of plagiarism. Once completing the Rights/Responsibilities Lens section, I discovered that it was my responsibility to report the suspicion to the professor first. The Rights/Responsibilities lens makes an individual aware of their personal responsibilities and you have to think with your brain more than your heart. One of the blind spots that I have is that I tend to only look at ethical issues with only one lens, the Rights/Responsibilities Lens. I was not aware of the other three lens; Results, Relationships, and Reputation(University of Phoenix, 2012). By only using only one lens, I was making decisions with my heart and not being a rational thinker when it...
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