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Price Management : Strategy, Analysis, Decision, Implementation
In this book, the world’s foremost experts on pricing integrate theoretical rigor and practical application to present a comprehensive resource that covers all areas of the field.This volume brings together quantitative and qualitative approaches and highlights the most current innovations in theory and practice. Going beyond the traditional constraints of “price theory” and “price policy,” the authors coined the term “price management” to represent a holistic approach to pricing strategy and tactical implementation. They remind us that the Ancient Romans used one word, pretium, to mean both price and value. This is the fundamental philosophy that drives successful price management where producer and customer meet. Featuring dozens of examples and case studies drawn from their extensive research, consulting, and teaching around the world, Simon and Fassnacht cover all aspects of pricing following the price management process with its four phases: strategy, analysis, decision, and implementation.Thereby, the authors take into account the nuances across industry sectors, including consumer goods, industrial products, services, and trade/distribution.In particular, they address the implications of technological advancements, such as the Internet and new measurement and sensor technologies that have led to a wealth of price management innovations, such as flat rates, freemium, pay-per-use, or pay-what-you-want.They also address the emergence of new price metrics, Big Data applications, two-sided price systems, negative prices, and the sharing economy, as well as emerging payment systems such as bitcoin. The result is a “bible” for leaders who recognize that price is not only a means to drive profit in the short term, but a tool to generate sustained growth in shareholder value over the longer term, and a primer for researchers, instructors, and students alike. Praise for Price Management“This book is truly state of the art and the most comprehensive work in price management.” - Prof.Philip Kotler, Kellogg School of Management, Northwestern University “This very important book builds an outstanding bridge between science and practice.“- Kasper Rorsted, CEO, Adidas “This book provides practical guidelines on value creation, communication and management, which is an imperative for businesses to survive in the coming era of uncertainty.”- Dr. Chang-Gyu Hwang, Chairman and CEO, KT Corporation (Korea Telecom)
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Financial Management for Decision Makers
Now in its ninth edition, Financial Management for Decision Makers provides students with a unique focus on the practical application of financial management and its role in decision making.Covering topics such as financial planning, making capital investment decisions, and financing a small business, it provides an ideal introduction to the world of financial management. New to this edition: A new chapter on international aspects of financial management, which explores the benefits and problems associated with internationalisation and the management of foreign exchange riskUpdated explanations throughout including greater coverage of behavioural finance and share valuation methodsIncreased number of activities, giving more opportunities to engage with the key conceptsUpdated Real World examples, which provide connections between the theory and practice of financial decision making This text is ideal for undergraduates from a non-accounting or non-finance discipline taking an introductory module in financial management.It is also suitable for postgraduate students enrolled on certificate and diploma courses in financial management, as well as those enrolled on Diploma in Management Studies and MBA programmes.The text can also be used by finance and accounting students as a foundation for further study. A suite of resources are also available and accompany this text: For instructors: Solution's manual and PowerPoint slidesFor students: Opportunities to practise and additional support given through a companion website "The textbook integrates financial management, business policy and management function, and places emphasis on the integration of the finance function within the context of managerial decision-making and business planning.It also helps students to understand why sometimes theory and practice differ.Activities within the main text are inserted at appropriate points and Real World examples introduce readers to real-life scenarios and offer an opportunity to apply financial management theory and techniques."-Dr Kalsoom Jaffar, Lecturer and Course Director for BSc Finance, Aston University Peter Atrill is a freelance academic who has worked with leading institutions in the UK, Europe and SE Asia.He was formerly the Head of Business and Management and Head of Accounting and Law at Plymouth Business School, Plymouth University.
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Management Accounting for Decision Makers
Everything you need to develop your practical understanding of the key management accounting principles and techniques “Excellent, relevant, and practical management accounting edition with improved and updated real-world examples supported by self-assessment activities and review questions reflecting current changes in the management accounting field.” – Dr McFoster Tembo (FCCA), Assistant Professor in Accounting, Coventry University “Management Accounting for Decision Makers is a benchmark of clarity and practicality.It addresses key issues and has a wealth of examples to support and embed learning.” – Ian Crawford, Senior Lecturer in Accounting, University of Bath Management Accounting for Decision Makers 11th edition is the ultimate introduction to the essential management accounting methods, supporting real-life decision-making. Accessible and easy to understand, this book is the ideal core text for Management Accounting modules on Undergraduate and MBA Courses. The latest edition guides you step-by-step through making the best strategic choices in business and management roles, providing an all-important framework for effective strategic planning and decision-making. Key features of the book include: Relevant, real-life examples to help you make sense of real accounting issues, discussing companies such as Coca-Cola, Shell, BT Group, easyJet, Boohoo Group and moreMany useful illustrations and activities, seamlessly woven into the text, to enable individual learning and revision or group workExpanded content on topics relevant to decision-making, including opportunity costs, contingency planning and risk heat maps, inventory control, strategic management accounting and moreA new set of multiple-choice questions, added to the end of every chapter to help you revise Pair this text with MyLab® Accounting MyLab® is a teaching and learning resource that combines trusted author content with quizzes and assessments, help tools to use at point-of-need, and a flexible platform.MyLab Accounting for this book includes over 1000 auto-graded questions and 13 animated videos on key concepts. MyLab® Accounting is not included with this title.If you would like to purchase both the physical textbook and MyLab® Accounting (which also comes with the eBook), search for: 9781292461038 Management Accounting for Decision Makers 11th edition ‘MyLab via Bundle’ which consists of: Print textbookeTextbookMyLab® Accounting Students, MyLab should only be purchased when required by an instructor.If MyLab is a recommended/mandatory component of the course, please check with your instructor for the correct ISBN.Instructors, contact your Pearson representative for more information
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Decision Analysis for Management Judgment
Decision Analysis for Management Judgment is unique in its breadth of coverage of decision analysis methods.It covers both the psychological problems that are associated with unaided managerial decision making and the decision analysis methods designed to overcome them.It is presented and explained in a clear, straightforward manner without using mathematical notation.This latest edition has been fully revised and updated and includes a number of changes to reflect the latest developments in the field.
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What is decision 22?
Decision 22 is a resolution adopted by the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC). It focuses on the implementation of the Paris Agreement, specifically on enhancing the transparency framework for action and support. Decision 22 aims to strengthen the reporting and review processes to ensure that countries are meeting their climate commitments and to build trust among parties. It plays a crucial role in monitoring progress towards the goals of the Paris Agreement and increasing accountability in global efforts to combat climate change.
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What a difficult decision!
Yes, it can be really tough to make difficult decisions. It's important to take the time to carefully consider all the options and potential outcomes before making a choice. Seeking advice from trusted friends, family, or professionals can also help provide different perspectives and insights to aid in the decision-making process. Ultimately, it's important to trust your instincts and make the best decision based on the information and resources available.
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Is faith a decision?
Faith can be considered a decision in the sense that individuals can choose to believe in something despite lack of concrete evidence. It often involves a conscious choice to trust in a higher power or to have confidence in certain beliefs. However, for many people, faith is also influenced by personal experiences, upbringing, and cultural factors, making it a complex and multifaceted aspect of human belief systems. Ultimately, whether faith is a decision or not may vary from person to person.
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Is love a decision?
Love can involve both emotions and decisions. While the initial feelings of attraction and connection may be spontaneous, choosing to commit to and prioritize a relationship requires conscious decision-making. This can involve choosing to work through challenges, communicate effectively, and prioritize the well-being of the other person. Ultimately, love involves a combination of emotions and intentional choices.
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Growth Dynamics in New Markets : Improving Decision Making through Model-Based Management
An innovative simulation-based approach for strategic decision making when launching new products Growth Dynamics in New Markets contains a dynamic case study and simulations that reveal what it takes to successfully introduce a product into a new market.Written by experts in the field, the text and companion website include a compelling simulation game and a variety of simulation models.Using the simulation game and computer models, readers are challenged to design and put in place a strategy about product introduction and competitive behavior.The simulation models build on each other to help to arrive at a comprehensive understanding of product uptake as well as market development and competitive dynamics.The authors present different approaches for enhancing the models and offer guidance for applying them to real-world problems. This groundbreaking text clearly shows how to develop maps of dynamic systems, formulate candidate policies and evaluate them based on the simulations.It also reveals how to use computer simulations to understand what decisions could and should be made, when to make them and how intensive they should be.The authors present an interactive approach that: Contains an innovative combination of a case study, simulation game and simulation models for developing the skills to introduce a product to the marketplaceOffers targeted questions that help to enhance the understanding of the material presentedPresents detailed answers and solutions to a number or real-world business challengesFeatures video tutorials that explain how the simulation experiments are implemented and interpretedAids in the development an action-oriented, pragmatic understanding of the underlying forces in business Designed for students of business administration, management, industrial engineering, informatics, engineering, and public policy, Growth Dynamics in New Markets offers an innovative approach that combines the practice of dynamic reasoning and the use of simulation to design and test possible policies.
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Portfolio Management : Delivering on Strategy
Portfolio management is becoming the ‘must have’ for organizations to prosper and survive in this decade and beyond.No longer can the organizational focus be one of following best and repeatable practices as resource limitations mean only those programs, projects, and operational work that add business value can and should be pursued.Executives are focusing on strategic ability and managing complexity, which can only be done through a disciplined portfolio process in ensuring the best mix of programs, projects, and operational work is under way.In turn, the portfolio is constantly in flux as difficult decisions are made if a project, for example, is no longer contributing to business value and providing benefits and should be terminated to reallocate resources to one of higher priority.Commitment to this difficult approach is necessary at all levels, and communication is required so everyone knows how their work contributes to the organization’s strategic goals and objectives. Portfolio Management: Delivering on Strategy, Second Edition focuses on the benefits of portfolio management to the organization.Its goal is to provide senior executives a view on how portfolio management can deliver organizational strategy.The emphasis is on the specific aspects within the portfolio management discipline and how each aspect should be managed from a business perspective and not necessarily from a portfolio management perspective.Highlights of the book include:Agile portfolio management Delivering organizational value Portfolio management and uncertainty Portfolio governance Marketing a portfolio Portfolio management success Starting with a review of the project portfolio concept and its development, this book is a reference for executives and practitioners in the field, as well as a students and researchers studying portfolio management.
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Inequality, Economic Growth and Business Decision-Making
It is now widely recognised that rising inequality of income and wealth on the one hand and a slowdown in the rate of economic growth on the other are two of the most important challenges faced today by the global economy as well as by most of the developing economies.This book starts by explaining how these two issues are interrelated.There is no dearth of books on the role that the economic policies of the government can play in meeting these twin challenges.The role of business managers in the private sector of the economy, however, is a relatively neglected area.This book seeks to close this gap in the literature.The central message of the book is that, contrary to popular belief, it is in the interests of private business itself that business managers take into account the effects that their decisions have on the economy as a whole.It is shown that a failure to do so would hurt their own economic prospects in both the short run and the long.Emphasis is given on the importance of an appropriate orientation of managerial decisions and on the role of investors (i.e. the suppliers of capital) in inducing managers to take socially optimal decisions.The book is addressed as much to business managers and students in management courses as to the general reader.Therefore, no prior knowledge of advanced economic theory is presumed.All arguments are built from first principles.
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Sales Management : Analysis and Decision Making
This 11th edition of Sales Management continues the tradition of blending the most recent sales management research with the real-life "best practices" of leading sales organizations and sales professionals. Reflecting today’s emphasis on analytics and customer experience (CX), this edition focuses on the importance of employing different data-based selling strategies for different customer groups, as well as integrating corporate, business, marketing, and sales-level strategies and plans.Sales Management includes coverage of the current trends and issues in sales management, along with real-world examples from the contemporary business world that are used throughout the text to illuminate chapter discussions. The new 11th edition includes:Emphasis on data-driven decision making, ethics, the use of artificial intelligence, the customer experience, leadership, sales enablement technology, and new communication technologies;Updated end-of-chapter cases with application questions, along with skill-building experiential exercises with discovery investigations and focused role plays, which place students in the role of sales manager;Updated ethical dilemmas for students to practice ethical decision making;Revised ‘Sales Management in Action’ boxes;Multiple vignettes embedded in each chapter featuring sales management professionals and well-known companies discussing key topics from that chapter. This text is core reading for postgraduate, MBA, and executive education students studying sales management.An updated online instructor’s manual with solutions to cases and exercises, a revised test bank, and updated PowerPoints is available to adopters.
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Was my decision right?
As an AI language model, I don't have the ability to determine whether your decision was right or not. However, it's important to reflect on the factors that influenced your decision and consider the potential outcomes. If you made the decision based on careful consideration of the information available to you at the time, and with the best intentions, then it may have been the right decision for that moment. It's also important to remember that decisions can be complex and their outcomes may not always be immediately clear. It's okay to reassess and adjust your approach as needed.
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What is decision 15?
Decision 15 refers to a specific decision made within a particular context, so without further information it is difficult to provide a specific answer. Decision 15 could refer to a decision made within a company, a government, an organization, or any other context where decisions are made. To provide a more accurate answer, additional context or details about the specific decision 15 would be needed.
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Is a decision tolerated?
Whether a decision is tolerated depends on the context and the individuals involved. In some cases, a decision may be accepted and respected by all parties involved, leading to tolerance. However, in other situations, a decision may not be tolerated due to disagreement, conflict, or resistance from certain individuals or groups. Ultimately, the level of tolerance towards a decision can vary based on the specific circumstances and dynamics at play.
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What are decision games?
Decision games are interactive simulations that present players with a series of choices and consequences, allowing them to explore different outcomes based on their decisions. These games often involve strategic thinking, problem-solving, and critical decision-making skills. Players are typically tasked with managing resources, navigating complex scenarios, and dealing with uncertainty to achieve their objectives. Decision games can be used for educational purposes, training simulations, or simply for entertainment.
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