Eco401 GDB No. 01 Solution

Idea Solution.

The elasticity of supply measures the responsiveness the quantity supplied to a change in the price of that commodity.

Because supply curves slope upwards, the elasticity of supply is positive. As we move along a supply curve, positive price changes are associated with positive output changes. An increase in price causes an increase in quantity sold. The more elastic is supply the larger the percentage increases in quantity supplied in response to a given percentage change in price. Thus elastic supply curves are relatively flat and inelastic supply curves relatively steep.

There are important special cases. If the supply curve is vertical, -the quantity supplied does not change as prices changes- elasticity of supply is zero. A horizontal supply curve has an infinitely high elasticity of supply: A small drop in price would reduce the quantity producers are willing to supply from an indefinitely large amount to zero

CS101 Assignment's # 02 Solution

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Eng201 Assignment Solution

Solution:

Q1: Letter of Inquiry/Intent

Some foundations/corporations prefer a letter of inquiry to determine whether the applicant falls within the foundation's guidelines. In this case, an inquiry letter used instead of a cover letter and proposal. It is very succinct, and attachments are not included. If the funder determines the organization and project fit within it's scope, the organization will be directed to submit a complete proposal. If not, a decline letter is usually issued at that time. A letter of inquiry should meet the following criteria:

Includes funder's name, title, and address Is directed at the individual responsible for the funding program Provides a brief overview of the organization and its purpose Includes the reason for the funding request Includes the amount requested (if required by funder) Describes the need the project intends to meet (including target population, statistics, example)

Provides a brief description of the project

Lists other prospective funders for the project

Includes thank you and next step to be taken

Does not exceed two pages (one page is recommended)

Includes name and phone number of contact at the organization

Is signed by the person who can speak with authority on behalf of the organization

Q2: Common organization mistakes

1. Taking too long to get to the Point

2. Including irrelevant material

3. Organize Your Ideas

4. Getting ideas mixed up

5. Leaving out necessary information

Why Good Organization is Important

1. Saves Time and Work

2. Helps you delegate

3. Increases reader understanding

4. Makes reader more receptive to message

5. Saves readers time

Q2: please refer handouts, lecture 13 and 14. Pages 50 - 60

HRM627 GDB Solution

Following are some characteristics of organizational structures. Identify whether it is Mechanistic or Organic, also justify it with a valid reason.

Serial No. Structure’s Characteristics Options Right AnswerReason 1 Extensive use of policy & Standard working Procedures Mechanistic/Organic 2. Right to manage tasks is delegated.

Mostly communication is lateral Mechanistic/Organic 3. Persistence on devotion to the concern and respect to superiors as a condition of membership. Mechanistic/Organic 4. Information and suggestions rather than commands and decisions. Mechanistic/Organic

1.mechanistic 2.organic 3.mechanistic 4.organic the differece between both is this that in mechanistic orders are to be followed and standard are made by managment. in organic workers are alloted with task as they can do theirself and cross communication is permitted in mechanistic just vertical.delgation are ther

MGMT611 GDB solution

Discussion Question

A realistic approach to understanding conflict management styles is to divide them into two broad types: collaborative (win-win) versus competitive (win-lose).
Issue:
You are supposed to tell which type of conflict will arise in following situation and what will be the aftereffects if it will not be resolved.(word limit: maximum 150)
Situation:
"The sales team of the toys manufacturing company claimed that they made the boost sales in the current year than previous years so there should be extra bonuses for their welfare and encouragement but management is not ready to announce extra bonuses according to the efforts of sales team."

Solution:

Type of Conflict:-
In this situation competitive conflict (win-lose) will arise as staff demands more bonuses after they claim increase in the sales and management is not prepared to announce more bonuses.

Aftereffects:

A competitive process will most likely have the following effects on the parties:
Communication is obstructed as the conflicting parties try to gain advantage by misleading each other through false promises and misinformation. Communication is ultimately reduced as the parties realize they cannot trust one another's communications as honest and informative.

"Obstructiveness and lack of helpfulness lead to mutual negative attitudes and suspicion of one another's intentions. One's perceptions of the other tend to focus on the person's negative qualities and ignore the positives."
The parties are unable to effectively divide their work and end up duplicating efforts. When they do divide it, they continuously feel the need to check each other's work.

Ongoing disagreement and critical rejection of ideas reduces participants' self-confidence as well as confidence in the other parties.

The conflicting parties seek to increase their own power and therefore see any increase in the other side's power as a threat.

The competitive process fosters the notion that the solution of the conflict can only be imposed by one side on the other. This orientation also encourages the use of coercive tactics such as psychological or physical threats and/or violence. This process tends to expand the range of contested issues and turns the conflict into a power struggle, with each side seeking to win outright. This sort of escalation raises the motivational significance of the conflict for the participants and makes them more likely to accept a mutual disaster rather than a partial defeat or compromise.