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Question: NBA draft lottery. Professional basketball teams hold a "draft" each year in which they get to pick the best available college and high school players. In an effort to promote competition, teams with the worst records get to pick first, theoretically allowing them to add better players. To combat the fear that teams with no chance to make the playoffs might try to get better draft picks by intentionally losing late-season games, the NBA's Board of Governors adopted a weighted lottery system in 1990. Under this system, the 11 teams that did not make the playoffs were eligible for the lottery. The NBA prepared 66 cards, each naming one of the teams. The team with the worst win-loss record was named on 11 of the cards, the second-worst team on 10 cards, and so on, with the team having the best record among the nonplayoff clubs getting only one chance at having the first pick. The cards were mixed, then drawn randomly to determine the order in which the teams could draft players. (Since 1995, 13 teams have been involved in the lottery, using a complicated system with 14 numbered Ping-Pong balls drawn in groups of four.) Suppose there are two exceptional players available in this year's draft and your favorite team had the thirdworst record. Use a simulation to find out how likely it is that your team gets to pick first or second. Describe your simulation carefully.
Learning contract proposal that will form the basis of your learning contract report.
"Change is the only constant " Evaluate the different types of change that have occurred in Sony.
How do advertisers try to use group influence? Will you find any specific examples and explain the relevant theory of group behavior and influence?
You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.
The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.
Find not only the optimal production quantities, but also the optimal total cost.
Describe the management process and identify the skills required to manage business organizations.
Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.
Demonstrate understanding of the many-sided nature of knowledge management
Write a paper on Historical Trends of Management.
Theory of Planned Behavior and Integrated Behaviors Model
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