1. What is the role of knowledge management and knowledge management programs in business?
Define knowledge management and explain its value to businesses. Knowledge management is the set of processes developed in an organization to create, gather, store, maintain, transfer, apply, and disseminate the firm’s knowledge. Knowledge management promotes organizational learning and incorporates knowledge into its business processes and decision making.
Describe the important dimensions of knowledge.
A. Knowledge has a location: It’s a cognitive event involving mental models and maps of individuals; has both a social and an individual basis of knowledge. B. Knowledge is situational: It’s conditional; it’s related to context C. Knowledge is a firm asset: An intangible asset; requires organizational resources. D. Knowledge has different forms: Can be either tacit or explicit; involves know-how, craft and skill.
Distinguish between data, knowledge, and wisdom and between tacit knowledge and explicit knowledge. A. Data by itself has no meaning but is the first step in the creation of knowledge. B. Knowledge includes concepts, experience, and insight that provide a framework for creating, evaluating, and using information. C. Wisdom is the collective and individual experience of applying knowledge to the solution of problems. D. Explicit knowledge is knowledge that has been documented
E. Tacit knowledge is the expertise and experience of organizational members that has not been formally documented
Describe the stages in the knowledge management value chain. A. Acquire: knowledge discovery, data mining, neural networks, genetic algorithms, knowledge workstations, expert knowledge networks B. Store: document management systems, knowledge databases, expert systems C. Disseminate: intranet portals, push e-mail reports, search engines, collaboration D. Apply: decision support systems, enterprise applications
Medical Biology P5
1. DNA consists of subunits called nucleotides. Each subunit consists of three parts: sugar (deoxyribose), phosphate, and base.
2. The subunits of DNA are assembled by linking the sugar of one nucleotide to the phosphate of the next. As it is found in chromosomes, two DNA polymers are bound together into a structure called a double helix.
3. The “base-paring rule” in DNA is that adenine pairs with thymine, and guanine pairs with cytosine. Bases that can form pairs in DNA are called a complementary base pair.
4. When DNA is replicated, two new DNA double helices are formed, each consisting of one parental strand and one new, daughter strand. For this reason, DNA replication is called semiconservative replication.
5. The DNA double helix is unwounded by an enzyme called DNA helicase. Daughter DNA strands are synthesized by the enzyme DNA polymerase. In eukaryotic cells, the daughter DNA strands are synthesized in pieces; these pieces are joined by the enzyme DNA ligase.
6. Sometimes, mistakes are made during DNA replication. If uncorrected, these mistakes are called mutations. When a single nucleotide is changed, this is called a point mutation, or nucleotide substitution.
1. Draw the general structure of a nucleotide. Which parts are identical in all nucleotides, and which can vary?...
...ECO 550 WEEK 6 CHAPTER11 AND CHAPTER 12 PROBLEMS
2. Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm Tile King. Ajax produces a multi-headed tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decides to charge the same price as Tile King to avoid the possibility of a price war. The price charged by Tile King is $20,000.
Ajax has the following short-run cost curve:
,000 - 5,000Q + 100Q2.
A. Computer the marginal cost curve for Ajax.
B. Given Ajax’s pricing strategy, what is the marginal revenue function for Ajax?
4. Unique Creations holds a monopoly position in the production and sale of manometers. The cost function facing Unique is estimated to be
TC = $100,000 + 20Q
A. What is the marginal cost for Unique?
C. What is the marginal revenue at the price computed in Part (b)?
6. Wyandotte Chemical Company sells various chemicals to the automobile industry. Wyandotte currently sells 30,000 gallons of polyol per year at an average price of $15 per gallon. Fixed costs of manufacturing polyol are $90,000 per year and total variable costs equal $180,000. The operations research department has estimated that a 15 percent increase in output would not affect fixed costs but would reduce average variable costs by 60 cents per gallon. The marketing department has...
...CHAPTER11 KEY CONCEPTS:
ERP: are multiplemodule software packages that evolved primarily fromtraditional
manufacturing resource planning (MRP II) systems.
- objective of ERP is to integrate key processes of the organization
- a single computer system can serve the unique needs of each functional area.
- facilitate the sharing of information and to improve communications across the organization
Closed Database structure:
- similar in concept to the basic flat-file model.
- database management system is used to provide minimal technological advantage over flat-file systems
- is little more than a private but powerful file system
- high degree of data redundancy
- distinct, separate, and independent databases exist
- order begins a paper-based journey around the company where it is keyed and rekeyed into the systems of several different departments
- Cause lost orders
- Increase entry errors
- Customers may be to told to contact different departments for information
- Delays entire processes within the companies
- Lack of communication between departments- very fragmented
ERP Core Applications
- functionality falls into two general groups of applications: core applications and
business analysis applications.
- Core applications are those applications that operationally support the day-to-day activities of the business. Also called Online Transaction Processing [OTLP}
- Business will fail...
1. What are the differences between being a biological parent, an adoptive parent, and a foster parent?
2. What financial needs are parents obligated to provide and which are optional?
3. What other needs might a child have that a parent is expected to provide?
4. What are the qualities of a nurturing parent?
1) Biological parents actually bring forth the offspring or give birth to it. Adoption parents take full responsibility of raising a child (new permanent parent). Foster parents are assigned by the state to kids that need parental care (just temporary).
2) The financial needs that parents are obligated to provide are food, shelter, clothing, and health care. Optional things would be toys, electronics, vacations, and other luxuries.
3) Other needs that a parent is expected to provide for their child would be emotional needs and educational needs.
4) The qualities of a nurturing parent would be looking at things from their child’s point of view, learning your child’s personality and interest, and creating a bond with your child that will last.
Critical Thinking Questions
1. What qualities make a person a good parent? A bad parent?
2. Which parental responsibilities do you think would be the most challenging? Why?
3. Which parental responsibilities do you think would be the most interesting to you? Why?
4. What are some things that people can do...
...segregation made conquered people a permanent underclass.
In comparison to the Mongol conquests of Persia and China, Mongol rule in Russia
c) penetrated to the village level.
b) was not accompanied by Mongol occupation.
d) created a mixed race population.
a) did not use local elites to govern.
What aspects of Chinese civilization did Mongol rulers in the Yuan dynasty adopt?
b) The use of traditional Confucian rituals
d) The practice of footbinding
a) The traditional Chinese examination system
c) The disdain towards merchants
What happened to the Mongols in Persia in the fourteenth century?
d) The Mongols were made serfs of Persian lords.
b) The Ottoman Empire defeated the Mongols and enslaved them.
c) The Mongols assimilated into Persian society.
a) Rebel forces led by Persian generals drove the Mongols back to their homeland in the steppes.
Which of the following was a long-term effect of the Black Death on European society?
c) Better relations between landowners and workers
d) A lack of interest in technological innovation
a) Shrinking employment opportunities for women
b) The weakening of serfdom
Which of the following was a way in which the Mongols contributed to the globalization of the Eurasian world?
d) The Mongol conquest of Vietnam and Japan allowed these two regions to fully integrate into the Eurasian trade networks for the first time....
1. The size and shape of teeth determine their functions because primary teeth are different shape and size of adult teeth, so they do different things, and aren’t able to do as much work as adult teeth.
2. Incisors: Incisors are designed to cut food without using heavy force. The tongue side is shaped like a shovel to guide food into the mouth.
Canines: Canines are designed for cutting and tearing foods, which needs force.
Premolars: Premolars have a flat biting surface, they tear and crush food.
Molars: Molars are used mainly to chew and grind up food
3. The facial surface is the surface closest to the face.
The Labial surfaces are the facial surfaces closest to the lips.
Buccal surfaces are facial surfaces that are closest to the inner cheek.
The term facial can be substituted for labial and buccal.
The Lingual surface is the surface of mandibular and maxillary teeth that are closest to the tongue. The Palatal surface is near the plate
The Masticatory Surface is the chewing surface. The incisal surface is on the anterior teeth, and the occlusal surface on the posterior teeth.
The Mesial surface is the surface of the tooth toward the midline. The distal surface is the surface of the tooth distant from the midline.
The proximal surface is when the teeth are adjacent to each other in the arch. The area between the adjacent teeth is...
Mongol armies besieged the Genoese trading on Black Sea in 1346
Damaged trading links between East Asia and Mediterranean
Geneose merchants and soldiers withdrew, taking germs with them
reached Messina, Sicily, half were dead and rest dying
went port to port, spreading the germs
killed one third of European population
land and sea trailes of human voyagers became accidental conduits for deadly microbes
devastated societies more than Mongol warfare
“murderous hordes” of world history
populations didn’t recover from Black Death for 200 years
most severe were regions that Mongols had brought together
along Silk Road and Mediterranean Sea and South China Sea
Asian societies escaped Mongol conquest and dying disruptions from Black Death
14th & 15th centuries struggled to remake their societies
Collapse and Integration
many concluded the plague as God’s wish. Many ruling groups married and established new armies and taxes, creating new systems to administer their states
The Black Death
14th century’s most significant development
combo of bubonic, pneumonic and septicaemic plague
death rates 25 - 50%
spread so far due to climate changes
drying up of central Asia forced rodents out of their usual places and pastoral people moved closer to settled agricultural communities
Mongols’ trading network
first outbreak in 1320’s in southwestern China...
...Joseph Company issued $800,000, 11%, 10-year bonds on December 31, 2007, for $730,000. Interest is payable semiannually on June 30 and December 31. Joseph Company uses the straight-line method to amortize bond premium or discount.
Instructions Prepare the journal entries to record the following. The issuance of the bonds. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.) The payment of interest and the discount amortization on June 30, 2008. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3,
2.) The payment of interest and the discount amortization on December 31, 2008. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3,
2.) The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.
Dec. 31 Cash 730,000
Discount on Bonds Payable 70,000
Bonds Payable 800,000
June 30 Bond Interest Expense 47,500
Cash ($800,000 X 11% X 1/2) 44,000
Discount on Bonds Payable 3,500
($70,000 ÷ 20)
Dec. 31 Bond Interest Expense 47,500
Cash ($800,000 X 11% X 1/2) 44,000
Discount on Bonds Payable 3,500
Dec. 31 Bonds Payable 800,000
On May 1, 2008, Newby Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May...