UO Second Age

Freeza wrote:You state:

" Demand is the only thing that affects price PERIOD, thats not to say things like supply do not impact demand.

or that cost doesnt play a role, however cost and margins are an insignificant contributor.

"what you learn in grad school can be found by using google"

I take it you didnt get your MBA from a top tier school."

___________________________________________________________

Now lets have a nice debate shall we?

NYU is a decent school, not sure if its top tier, but it clearly out ranks your school.

Anyway to cite a few examples - items that will affect price are:

1. Cost of inputs
2. elasticity of the item
3. scarcity
4. close substitutes

I'm pretty sure those effect price as well no? - I did not insult you in my post, not sure why you have to try and take a jab at where I got my MBA. The truth of the matter is most of the articles, books and reports you read in grad school or are taught can be found online. I don't know how you can deny this. In the end, the MBA is a piece of paper - that is all.

Simply googling economics can bring back more information than you could ever learn in any grad school. I can see you are proud of your MBA and you should be, but its not the holy grail and most of what you learned is a single mouse click away.

Babson MBA requirements:

http://www.theprincetonreview.com/Babso ... iness.aspx

NYU MBA requirements:

http://www.theprincetonreview.com/NewYo ... iness.aspx

Take a look at the average GPA and GMAT score needed of the undergrad applying. I guess your school is not so high tier after all?

Flash Hardstar wrote:

Freeza wrote:
I do not mean to be contraversial, but there are many more factors that affect price. Demand is not the only driving factor. If that was the case, the iphone 4 would have a much higher price without any subsidizing.

There was a reason the iPhone 4 was so inexpensive At&T, and it wasn't a demand issue. It was a strategic tactic used by At&T to try and lock consumers in with contracts through them before the iPhone was released through verizon (which will happen, although was anticipated to already have happened).

So much for that mba...

Flash Hardstar wrote:

lotus39 wrote: I have an MBA from Babson so get phucked.

I live around the corner from the school, i'm confident in saying it's over rated. Extremely snoody, think their shit don't stink spoiled nobodies end up with degrees from there... not to mention my manager has a Babson degree, and she is half-retarded.

lotus39 wrote:

Freeza wrote:You state:

" Demand is the only thing that affects price PERIOD, thats not to say things like supply do not impact demand.

or that cost doesnt play a role, however cost and margins are an insignificant contributor.

"what you learn in grad school can be found by using google"

I take it you didnt get your MBA from a top tier school."

___________________________________________________________

Now lets have a nice debate shall we?

NYU is a decent school, not sure if its top tier, but it clearly out ranks your school.

Anyway to cite a few examples - items that will affect price are:

1. Cost of inputs
2. elasticity of the item
3. scarcity
4. close substitutes

I'm pretty sure those effect price as well no? - I did not insult you in my post, not sure why you have to try and take a jab at where I got my MBA. The truth of the matter is most of the articles, books and reports you read in grad school or are taught can be found online. I don't know how you can deny this. In the end, the MBA is a piece of paper - that is all.

Simply googling economics can bring back more information than you could ever learn in any grad school. I can see you are proud of your MBA and you should be, but its not the holy grail and most of what you learned is a single mouse click away.

Babson MBA requirements:

http://www.theprincetonreview.com/Babso ... iness.aspx

NYU MBA requirements:

http://www.theprincetonreview.com/NewYo ... iness.aspx

Take a look at the average GPA and GMAT score needed of the undergrad applying. I guess your school is not so high tier after all?

NYU is a great school, Id consider it in a top tier for business. MyCEO is NYU grad

I find it odd that you think that the only value is an MBA program is what you read.

A large part of my education had nothing to do with the reading material.

1. Cost of inputs
2. elasticity of the item
3. scarcity
4. close substitutes

other than #1 all forks lead to demand

Demand plain and simple, sure you can limit supply, but that just creates more demand.

Freeza wrote:

lotus39 wrote:

Freeza wrote:You state:

" Demand is the only thing that affects price PERIOD, thats not to say things like supply do not impact demand.

or that cost doesnt play a role, however cost and margins are an insignificant contributor.

"what you learn in grad school can be found by using google"

I take it you didnt get your MBA from a top tier school."

___________________________________________________________

Now lets have a nice debate shall we?

NYU is a decent school, not sure if its top tier, but it clearly out ranks your school.

Anyway to cite a few examples - items that will affect price are:

1. Cost of inputs
2. elasticity of the item
3. scarcity
4. close substitutes

I'm pretty sure those effect price as well no? - I did not insult you in my post, not sure why you have to try and take a jab at where I got my MBA. The truth of the matter is most of the articles, books and reports you read in grad school or are taught can be found online. I don't know how you can deny this. In the end, the MBA is a piece of paper - that is all.

Simply googling economics can bring back more information than you could ever learn in any grad school. I can see you are proud of your MBA and you should be, but its not the holy grail and most of what you learned is a single mouse click away.

Babson MBA requirements:

http://www.theprincetonreview.com/Babso ... iness.aspx

NYU MBA requirements:

http://www.theprincetonreview.com/NewYo ... iness.aspx

Take a look at the average GPA and GMAT score needed of the undergrad applying. I guess your school is not so high tier after all?

NYU is a great school, Id consider it in a top tier for business. MyCEO is NYU grad

I find it odd that you think that the only value is an MBA program is what you read.

A large part of my education had nothing to do with the reading material.

1. Cost of inputs
2. elasticity of the item
3. scarcity
4. close substitutes

other than #1 all forks lead to demand

Demand plain and simple, sure you can limit supply, but that just creates more demand.

My reasoning for valuing what you read and seeing that as the only value because most people who get an MBA come out with high hopes from business school. They feel they can make a difference. These people wind up getting jobs where the structure in place pretty much discourages the use of MBA management styles.

In your MBA management courses you learn the most important asset to a company is its people, yet the first thing that is cut during tough times is headcount. So your most wordy possession is the first to go. An MBA teaches you this is terrible management practice and you should try and job rotate or keep people hired and ask them to take pay cuts still allowing them to have a source of income. This is not what is practiced in any business I have ever researched or worked for except SAS and Google.

Also other factors that affect pricing from a cost perspective

Exchange rate movements
Quality
Price inflation

lotus39 wrote:

Freeza wrote:

lotus39 wrote:

Freeza wrote:You state:

" Demand is the only thing that affects price PERIOD, thats not to say things like supply do not impact demand.

or that cost doesnt play a role, however cost and margins are an insignificant contributor.

"what you learn in grad school can be found by using google"

I take it you didnt get your MBA from a top tier school."

___________________________________________________________

Now lets have a nice debate shall we?

NYU is a decent school, not sure if its top tier, but it clearly out ranks your school.

Anyway to cite a few examples - items that will affect price are:

1. Cost of inputs
2. elasticity of the item
3. scarcity
4. close substitutes

I'm pretty sure those effect price as well no? - I did not insult you in my post, not sure why you have to try and take a jab at where I got my MBA. The truth of the matter is most of the articles, books and reports you read in grad school or are taught can be found online. I don't know how you can deny this. In the end, the MBA is a piece of paper - that is all.

Simply googling economics can bring back more information than you could ever learn in any grad school. I can see you are proud of your MBA and you should be, but its not the holy grail and most of what you learned is a single mouse click away.

Babson MBA requirements:

http://www.theprincetonreview.com/Babso ... iness.aspx

NYU MBA requirements:

http://www.theprincetonreview.com/NewYo ... iness.aspx

Take a look at the average GPA and GMAT score needed of the undergrad applying. I guess your school is not so high tier after all?

NYU is a great school, Id consider it in a top tier for business. MyCEO is NYU grad

I find it odd that you think that the only value is an MBA program is what you read.

A large part of my education had nothing to do with the reading material.

1. Cost of inputs
2. elasticity of the item
3. scarcity
4. close substitutes

other than #1 all forks lead to demand

Demand plain and simple, sure you can limit supply, but that just creates more demand.

My reasoning for valuing what you read and seeing that as the only value because most people who get an MBA come out with high hopes from business school. They feel they can make a difference. These people wind up getting jobs where the structure in place pretty much discourages the use of MBA management styles.

In your MBA management courses you learn the most important asset to a company is its people, yet the first thing that is cut during tough times is headcount. So your most wordy possession is the first to go. An MBA teaches you this is terrible management practice and you should try and job rotate or keep people hired and ask them to take pay cuts still allowing them to have a source of income. This is not what is practiced in any business I have ever researched or worked for except SAS and Google.

Also other factors that affect pricing from a cost perspective

Exchange rate movements
Quality
Price inflation

I guess I have a different perspective as I went back for my MBA when I turned 35 and already had extensive experience with technology and management.

Also where I work employees are the most valued commodity as it relates to the needs of the business.

I decided to get my MBA so I could be more versed in my eventual transition to mergers and acquisitions.
Next stop is IP law.

marmalade wrote:yawn, trammies