Ethics and stakeholders sTakeholders: people or groups that have an interest in the organization Stakeholders include employees, customers, shareholders, suppliers, and others Stakeholders often want different outcomes and managers must work to satisfy as many as possible Ethics: a set of beliefs about right and wrong. Ethics guide people in dealings with stakeholders and others, to determine appropriate actions Managers often must choose between the conflicting interest of stakeholders Irwin/McGraw-Hill CThe McGran-Hill Companies, Inc, 2000

Organizational Environment Organizational Environment: those forces outside its boundaries that can impact it. Forces can change over time and are made up of Opportunities and Threats. Opportunities: openings for managers to enhance revenues or open markets. New technologies, new markets and ideas. Threats: issues that can harm an organization. economic recessions, oil shortages

Snapshots of a t4 Double stranded dna in an Aqueous Solution Image removed due to copyright considerations

1. Machines Extend Proposition 151. 1(the Perfect Folk Theorem with discounting)to arbitrary mixtures of payoff profiles of the original game G=(N, (Ai, lilieN Allow for both rational and real weights on the set of profiles u(a): aE A]; note that the statement of the result will involve an approximation of the payoff profile Construct a machine that implements the strategies in your proof

The vast majority of games of interest in economics, finance, political economy etc. involve some form of payoff uncertainty. A simple but interesting example is provided by auctions: an object is offered for sale, and individuals are required to submit their bids in sealed envelopes. The object is then allocated to the highest bidder at a price which depends on every bid, according to some prespecified rule (e.g. \first-price\ or \second-price\rule). In

Introduction The purpose of this lecture is to help you familiarize with the workings of sequential equi- librium and \sequential equilibrium lite, i.e. perfect Bayesian equilibrium. The main focus is the \reputation\ result of Kreps and Wilson(1982). You should refer to OR for details and definitions: I am following the textbook quite closely. of the game in which an incumbent faces a sequence of K (potential) entrants. It is clear that, in the subgame in which the last entrant gets a chance to play, the incumbent will

From the moment an animal is slaughtered the meat produced begins to lose weight by evaporation. Under typical commercial distribution condi tions, it has been estimated that lamb and beef lose from 5.5 to 7% by evap- oration between slaughter and retail sale(Malton, 1984). Weight losses from pork are probably of the same magnitude. In addition to the direct loss in saleable meat there are also secondary

Unit 1. Introduction 1. How can you understand the communication? 2. The Importance of communication 3. How will you do to be an effective communicator?

Goal of the Firm 1) Profit Maximization? this goal ignores: a) TIMING of Returns (Time Value of Money Ch. 5) b) UNCERTAINTY of Returns (Risk- Ch. 6)

给定n个矩阵:A1,A2,An,其中A;与A1是可乘的。确定一种连乘的顺序,使得矩阵连乘的计算量为最小。 设A和B分别是pxq和qxr的两个矩阵,则乘积 C=AB为pxr的矩阵,计算量为pqr次数乘