this article research is examined just to know the use of decision theory (DT) concepts in sustainable supply chain management (SSCM), that how decision theory is playing a vital role to sustain the supply chain management. This research was conducted to seek the answer of the specific question that “How decision-making is involved in academic research on sustainable supply chain management?” SUMMARY This article “Decision theory in sustainable supply chain management” has been taking from the
functioning of the board. The first chapter includes the analysis of the literature regarding risk, risk components and risk definitions. The first question that this chapter tries to answer is “what is risk?”. There is no general agreement on the definition of risk, but the ISO 31000 (2009) defines risk as “the effect of uncertainty on objectives”, where uncertainties in this definition include events (which may or may not happen) and uncertainties caused by ambiguity or lack of information. Another
Introduction My aim through my investigation is to uncover how warfare influences soldiers in different ways through the lens of the three psychological levels of analysis. The biological, socio-cultural and cognitive levels of analysis will provide unique insights into the human brain, behaviour, social interactions, etc. which will all help to uncover and help us to understand the psychological consequences of warfare on soldiers. Through this process we will begin to understand how soldiers may
Introduction The real options theory is grounded on the theory of financial options. Those financial options are written on an exchange-traded underlying. The major breakthrough in the financial options theory was accomplished by Fisher Black and Myron C. Scholes. The Black-Scholes model is a mathematical model for the evaluation of financial options, which was published in 1973 and is considered a milestone in the financial industry. After four years, Myers was the first who introduced the concept
and all the negative experiences, thus, ensuring ultimate success of the merger. A strength of Lewin’s three step theory in this merger study provides a manager or change agent an indication of what implementing change means when dealing with people. It also provides guidance on how to go about getting the persons who are a part of the merger to change. None-the-less his change theory, has its own share of limitations which include the difficulty in freezing a planned change in the system, which
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beyond his or her first response. Although each reader's reactions are centered around his or her own "schema", he or she will recognize in class discussion that not all persons share similar perspective. Tenets of the Reader Response Theory The reader response theory take along with various roles. These roles are quite important in the acceptance and appreciation a text and these roles must be carried out. Firstly, the reader should not readily accept a piece of literature but should make meaning
definitely changes from conflict to conflict. But the nature of war does not change. As Colin Gray has said, “War is war and strategy is strategy regardless of historical periods.” No one theorist’s ideas stand the test of time, but Carl von Clausewitz’s theory of war remains the best description of the nature of war, who’s “ideas possess a transcendent quality that makes them relevant not only to this era but always." Perhaps Clausewitz’s works remain timeless because he was not concerned with giving his
customer buy the products when it reaches the reorder level. The inventory management will help in identifying when to reorder the stock and also help worker locate the items on the order list in warehouse saving time. Queuing Theory Queuing theory is the mathematical analysis of waiting in line. The line might involve data waiting for processing, equipment parts waiting in an assembly line or people waiting in line at various types of
to deal with relative more uncertainty. As all firms, SMEs have to effectively use their resources to survive. Many of these small and medium companies are dedicating resources to strategic planning in the post start-up phase (Storey and Greene, 2010). One of the main purposes of strategic planning is to promote the process of adaptive thinking or thinking about how to attain and maintain firm-environment alignment (Ansoff, 1991) and to devise ways to handle uncertainty (Foster, 1993). Strategic planning