Notes, summaries, assignments, exams, and problems for University

The empirical research of Pettigrew and Whipp

In a series of research studies between 1985 and 1990, the UK-based researchers Pettigrew and Whipp analysed how strategic change occurred in four sectors of UK industry. Their evidence did not extend beyond the UK but their conclusions are likely to be applicable to other geographic areas. They suggested that strategic change can most usefully be seen as a continuous process, rather than one with distinct stages, such as the formulation of strategy and then its implementation. In this sense, they argued that strategy was not a linear movement with discrete stages but an experimental, iterative process where the outcomes of each stage were uncertain. A first small step might be actioned and then... Continue reading "Strategic Change and Implementation: Research Insights" »

Monetary Policy

Monetary policy hinges on the relationship between interest rates (the cost of borrowing money) and the total money supply within an economy. It employs various tools to control one or both of these factors, aiming to influence outcomes such as economic growth, inflation, exchange rates, and unemployment. When a single entity controls currency issuance or a regulated system governs it through banks linked to a central bank, the monetary authority can adjust the money supply and, consequently, influence interest rates.

Monetary policy focuses on managing:

1. The supply of money
2. The availability of money
3. The cost of money (interest rates)

These efforts aim to achieve objectives related to economic growth and stability.

Objectives of Monetary

Chapter 1 & Chapter 2

◦The production possibilities curve shows the maximum quantity of goods and services that can be produced when the existing resources are used fully and efficiently.

Chapter 3

Demand Curve/ Supply Curve

1. Movement along the curve (Change of Quantity Demanded/ Quantity Supplied): Price of this product (Demand Law / Supply Law)

• Demand is the amount of a product that people are willing and able to purchase at each possible price during a given period of time.
• The quantity demanded is the amount of a product that people are willing and able to purchase at one, specific price.

Law of Demand

As price of a good rises, consumers buy less. As price of a good falls, consumers buy more. Depicts the inverse quantity-price relationship... Continue reading "Understanding Demand and Supply in Economics" »

Fiscal Contract

= C+Output baj IS no camb cdo baja i Islm, baja Ms= sube i+no inicial en Y I spending dpnd en i. aument G=baja I Cambios Ms no afect price level short run LM comb i+Y mantien eq n financ mrk. Reduct consumr confidnc=left shift is curv I spending dpnd output= baja i Aggregate supply relation, current Plevel dpnd expectd pric level Fixed IS curve: baj i sube I CB=opn mkt purchase bonds=lm abajo Real supply=stock € medid n bns,no $ ISLM,baja G, baja gradual i+Y AS: baj output,baja unemployment,baja nominl wage,baja P. I no dpnd i =baja Ms no camb output CB compr bons y aument T y baja i Xpansionry: sube Pbons baja i Aument (c), ppcion € persns quiern en moned baja money multiplier Contract: bajn bons,sub i CB open market sale... Continue reading "Understanding Fiscal Contracts and Economic Impact" »

1. The t-test is never valid if the sample size is small, say less than 30. (TRUE OR FALSE)

It can be valid if the sample is approximately normal.

2. The results of an observational study indicate that people who use vitamin supplements get fewer colds than people who don't. However, we can't conclude that vitamin supplements prevent colds because this type of study does not allow us to infer causation. (TRUE OR FALSE)

Only experimental designs can infer causation because it allows us to create treatment groups that are very similar.

3. A survey was administered to a random sample of college students. Both males and females were surveyed, and one question asked was "How much are you willing to spend on a stereo system (in dollars)?" An analysis

George Orwell: A Life of Social and Political Commentary

Early Life and Influences

Born Eric Arthur Blair in 1903 in British-ruled India, George Orwell's life and works were deeply shaped by his experiences. His early exposure to the rigid social hierarchy and hardships of colonial India, as recounted in his autobiographical essay "Such, Such Were the Joys," fueled his later critiques of social stratification and power dynamics. Orwell's education as a scholarship student amongst England's wealthy elite further solidified his understanding of social inequalities, themes that would later emerge in his novels like "Animal Farm."

From Burma to Literary Pursuits

After graduating in 1921, Orwell joined the Indian Imperial Police in Burma. This experience... Continue reading "George Orwell: Life, Works, and Social Commentary" »

The classroom space is used properly. Everything is very well positioned, and all areas are well-utilized. The classroom is organized into distinct corners:

• Library corner
• House corner
• Building corner
• Computer corner
• Puzzles corner
• Artistic corner
• English corner

Children are responsible for keeping these corners tidy and for playing appropriately, respecting the rules in each area. When children finish playing, they collect and put away all the elements of the corner.

The teacher manages the class by directing the children's attention to pictures or objects. She speaks softly, sometimes telling them she is going to share a secret, which prompts the children to lower their voices and pay attention. She also uses rapid transitions between activities to... Continue reading "Effective Classroom Management & English Language Learning" »

First, the definition of a human person as the Church sees it is that they see men and women as the living image of God Himself, the image of His plan. They have received a part of God's dignity. The Church invites all people to recognize in everyone a brother or sister "for whom Christ died". A human individual possesses the dignity of a person, who is not just something but someone. He is capable of self-knowledge, self-possession, and of freely communicating with other persons. He is called by grace to offer his Creator a response of faith and love.

Human faculties: The Catholic social doctrine of the Church is based on the concept of society, which has been created according to a specific cultural model.

Man is a rational being, and this