You know, the better we are doing it in business life, the better and stronger reputation we are having, and therefore it is important to build trust and relations everywhere, and this is the most important things we are doing in life! We are here to build relations among people, and being friends with as many as possible. And the meaning of life is several. We should give our best efforts and our time to potential customers and customers, and we should be strong, and giving benefits to the people we are meeting. And life is about being the best versions of yourself, and with giving your best things to the people you love, and we are better the better we can be of doing things even better than before, and we are here to love ourselves, our families and our friends, and we can still know many more people at the earth, and life is about building relations and warm gestures among everyone we are meeting.
Ok, we are learning in Bergen, that the easiest decisions are taking with variables and parameters in just making linear relations. And this is also much of what LISREL is about from Jøreskog and Sørbom, and these people are nice, and they are trying to solve linear problems, and with making structural equation modeling where we can build mathematics and structure in the world, also in the businesses and in the departments. But the reality is also about building nonlinear relations, and we should pinpoint the problems, rather these are in the forests, or in the organizations where we are meeting many people. So, you know, everywhere the reality is about making and stating problems, and solving the solutions on the problems. So, when learning things further in the finance, we are dwelling with who should own the firm in question, and how these relations should be done, and we are also engaged with getting the best possible strategies and choices about making decisions and building the economy to the firm in question, and humans are here to solve the problems we are facing everywhere, and we should find the solutions many places.
So, making the best uncertain problems to be good and acceptable for firms, that is about making the decisions that have positive consequences for the running of of the firms in the short run and in the long run. So, we are having many types of problems in the life, and some of them are about assignment and some are about transport, and some are about other problems. And in the life, we should find the best solutions of problems, of all the conceivable ways that are possible and that could be framing in the life, and we should find the best ways to solve the problems that we are examining from time to time. So, the more uncertain the problems, the more the need for statistics and for building stochastic processes and outcomes of what is happening. And you know, the more we know, the less we know for sure, if we are humble about how the knowledges processes are happening where we are making analysis.
So, we have many types of problems in many books with finance, and the biggest decision is about how the mergers, the acquisitions and the structure should be in the firms, and who should buy and sell whatever kinds of products that can be made with trades and international trades. And you know, all businesses must earn money in the long run, and we are within the businesses to earn money for our lives, and we should also contribute to the profit of the firm where we are from time to time. And we are loving and respecting each other, and each of us should do what we manage from place to place, and life is about concepts, measuring and about doing management where we are, and all things in life in every age are about small and big things, and we are dwelling with these things all our lives, and people are coming after us thinking in the same manners as us, and we are learning them how to cope with the challenges that we are facing.
So, the decisions should be done in the framework of certain and uncertain environments, and the decisions should be optimal and the best that are possible, and we should not waste away too much of time, and we should not do too many wrong decisions, and these things have to do with how profitable the firm will be when we are living and when we are doing the decisions that we are facing, and decisions are facts and/or they are fictions.
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