The EPG Model is a framework for a firm to better pinpoint it’s strategic profile in terms of International Business Strategy. It contains three elements - Ethnocentrism‚ Polycentrism and Geocentrism. The Importance of the EPG Model is mainly in the firm’s awareness and understanding of its specific focus. Because a strategy based mainly on one of the three elements can mean significantly different costs or benefits to the firm‚ it is necessary for a firm to carefully analyze how their firm is oriented
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Bibliography: 1. Armendáriz de Aghion‚ B. (1999). ’On the design of a credit agreement with peer monitoring ’‚ Journal of Development Economics‚ vol. 60‚ pp. 79-104. 2. Auwal‚ MA(1996). Promoting Microcapitalism in the Service of the Poor: The Grameen Model and Its Cross-Cultural Adaptation Journal of Business Communication‚ Vol. 33‚ No. 1‚ 27-49 3 4. Besley‚ T. and Coate‚ S. (1995). ’Group lending‚ repayment incentives and social collateral‚ ’ Journal of Development Economics‚ vol. 46 (1)‚ (February)
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9-207-056 JANUARY 28‚ 2007 MALCOLM BAKER Multifactor Models There are two parts to this exercise. The first is to evaluate the performance of four mutual funds. And‚ the second is to estimate the cost of capital for two firms. Benchmarking Both parts of the exercise are about choosing an appropriate benchmark‚ either for evaluating past investment returns or assessing a new project. Ideally‚ a benchmark should reflect the opportunity cost‚ or the best alternative investment. If an investment manager’s
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SUPPLEMENT TO CHAPTER EIGHT THE TRANSPORTATION MODEL LEARNING OBJECTIVES After completing this supplement you should be able to: 1. Describe the nature of a transportation problem. 2. Solve transportation problems manually and interpret the results. SUPPLEMENT OUTLINE Introduction Obtaining an Initial Solution The Intuitive Lowest-Cost Approach Testing for Optimality Evaluating Empty Cells: The Stepping-Stone Method Evaluating Empty Cells: The MODI Method Obtaining an Improved Solution
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"THE FISHBEIN MODEL" 1975‚ 1980 and Apple`s I-phone Attitude – How does a consumer develop and change attitude? When we buy products we weight the most important attributes. Psychologist Martin Fishbein states that the attitude toward an object is the sum of the consequences of that object weighted by the evaluation of those consequences In order to understand the consumer behavior the Ajzen and Fishbein´s theory of reasoned action (TRA) can be used. TRA was initially associated to voluntary
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TEACHING NOTES EMMY’S AND MADDY’S FIRST SERVICE ENCOUNTER QUESTIONS: 1. Develop a molecular model for this hospital. In general‚ the core benefit the hospital offers is health care. The tangible and intangible components of the experience that spin-off from the center may include the various departments‚ various personnel‚ equipment and supplies‚ etc. 2. Using the Servuction model as a point of reference‚ categorize the factors that influenced this service encounter. (Typical responses
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Similarly to the informative model‚ the interpretive model assumes that the physician is responsible for giving the patient with all important information concerning their state and treatment. However‚ the practitioner goes beyond providing the information and accepting the patient’s choices. Unlike the informative practitioner‚ the interpretive practitioner knows that the patient’s values are not completely recognized by the patient‚ in fact their values are often conflicting and underdeveloped
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modeling was originated 30 years ago and up to date is being used in mostly every field of work. It has become a mainstream practice in managing human resources. Over the years‚ the methods used has evolved. The trends used in the approach of competency models in education‚ training‚ assessments and development of workers has changed mainly because of its response to the changes that also occurs in the organizations and different workplace. It may also change because of the needs of the people. During those
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THE GAP MODEL OF SERVICE QUALITY Service Quality Quality of the service is the degree of conformance of all the relevant features and characteristics of service to all the aspects of the consumers’ needs limited by the price and delivery s/he will accept. Quality can be viewed from two perspectives: Internal quality specifications based on conformance to based on customer-perceived External quality quality Importance Of Quality For Service Marketers Gain competitive
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Knowledge Management Models Knowledge management literature is plentiful with different understandings of knowledge‚ information and data‚ as ideas and thoughts. As a result many organizations experience lots of expenses on knowledge management technologies‚ which hardly deliver with the expected outcome (Davenport‚ and Prusak‚ 1998). For further explanation‚ Argote et al.‚ (2003) tried to organize Knowledge Management literature by separating it into two parts: Knowledge Management context and
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