Bad news again :'(

Hi, its Monday. And like usual today my class started at 8.30am for Economic class (ECO 415) and followed by MGT 417. During economy, we learned about BALANCE OF PAYMENT. This is the last topic that we learnt. Then, our lecturer gave us some exercise to do. The first one was on how to count balance of payment and the second question was about the EFFECTS OF DEFICITS OF BALANCE OF PAYMENT.

The effects of Balance of payments are :

1. LOWER ECONOMIC GROWTH
2. INCREASED INDEBTEDNESS
3. DEPLETION OF OFFICIAL RESERVES
4. CONTRACTIONARY EFFECTS
5. DEVALUATION OF DOMESTIC CURRENCY
   

For MGT 417 class, we learnt on chapter 9 and chapter 10. Chapter 9 was about INFORMATION SYSTEM, MANAGEMENT AND DECISION MAKING. In this chapter, we learnt that management is a process which organizational goal are achieved through the use of resources.

Managers have three basic roles :

• Interpersonal roles : figurehead, leader, liaison
• Informational roles : monitor, disseminator, spokesperson
• Decisional roles : entrepreneur, disturbance handler, resource allocator, negotiator

Decision refers to a choice that individuals and group make among two or more alternatives.

• Decision making is a systematic process composed of three major phases: intelligence, design and choice

Chapter 10 is about PLANNING FOR ACQUIRING AND MAINTAINING INFORMATION SYSTEM.

• Project - a short-term effort to create a specific business-related outcome.

• Information System Project Management - a directed effort to plan, organize, and manage resources to bring about the successful achievement of specific IS goals.

then, at 2.00pm we had Financial Account class. We did some group presentation and discussion together. we finished class at 4.00pm.

I reached my room nearly 5 and guess what?? i received a bad news.. :'( My cousin's cousin passed away lastnight due to accident. I was so shocked.. Its like my heart stops a beat. She's a very good girl that i know. :'( i cant do anything but to pray for her. May her soul Rest In Peace.. huhu..