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Lloyd Blankfein, chairman and CEO of Goldman Sacks, was asked "What would you like business schools to teach more of, or less of? He responded: Look, I think it's very important to teach people to have a healthy respect for facts and information. And you know, to paraphrase Keynes. "to change minds when the facts change." That's why I think certain careers - and maybe not intuitive careers - do very well. There's a lot of lawyers floating around Wall Street. There's a lot of engineers. A lot of people who deal with facts and have an appreciation of facts. A quantitative thing is very helpful. I was a social studies major, but you need to be numerate. If you have those good quantitative skills, it's very, very helpful. For this weeks discussion, based on Blankfein's comments and your own opinions, respond to and expand upon the following questions: Why are quantitative skills so highly valued in various business disciplines? How important do you think quantitative skills will be to your career? In what ways? What are your strongest areas in terms of quantitative skills? Weakest areas? What are your strongest areas in terms of spreadsheet software? Weakest areas? What are five goals you have for improving your quantitative skills?
How could two companies with similar gross profit figures end up with dramatically different net operating income? Why do analysts need to consider different factors when evaluating a company’s ability to repay short-term versus long-term debt?
How does a manager “learn” to manage workplace ethical behavior? Is it from examples that managers become better at managing ethics in the workplace? That it can be non-productive. That training is not like the “real-to-life” complexities of unethic..
Organization Impact: How Leader Decisions and Behaviors Influence Morale? Statement of Research Problem, Expected Contribution of Study, Global Environment, Research Environment, Research Questions, Research Hypotheses, Conceptual Definitions, Assump..
A large law uses an average of 40 boxes of copier paper a day. the firm operates 260 days a year. storage and handling costs for the paper are $30 a year per box, and it costs almost $60 to order and receive a shipment of paper. so find out what orde..
Explain your views on the 'international cultural impact' of the current banking crisis and support your answer. If it is your opinion that there is no 'international cultural impact' please state why and support your answer.
Advantages of joint ventures include all of the following except: A. Reduce the financial risk B. Reducing political risk C. Having full control on the operation D. Access to knowledge in the foreign market
Write an essay (5 pages max.) as to your view of Business Ethics. This is basically a summary paper of your ‘ethical position’ from your experience, knowledge and what you have gleaned from this class. Please indicate the basis (parental influence, l..
What makes a good code of conduct within an organization? Bring in a few examples of companies that have good Codes of Conduct. What can a company do to ensure the general public has a good perception of it?
Identify and explain the steps of the collaboration process among the functional areas that must be employed to achieve organizational goals, and prepare an action plan to implement the collaboration process
Generate 20 concepts for the sub problem “prevent fraying of end of rope” as part of a system for cutting lengths of nylon rope from a spool.
Sky Bus has to decide on location of its hub. There are 6 possible destinations for the buses it operates. Suppose that the center of town will be used as the reference for describing the possible destinations. A is located 50 miles South and 30 mile..
How might a company's business strategy affect the internal alignment policies and techniques of its Total Compensation system?
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