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1. Architecture of Markets and Firms
Write a short essay on how and why the "architecture" of markets and the "architecture" of firms help decide how well markets and firms, respectively, deal with imperfect information and incentive problems. As part of your answer, with the aid of some examples, make sure that you discuss why, and in what sense, the information and incentive problems faced by a large hierarchical multi-department corporation are generally likely to be less tractable than the problems faced by markets for specific goods and services.
2. Different Organizational Architectures for Different Kinds of Firms
Write a short essay providing examples of situations where each of these structures is likely to be effective as well as situations where that same structure is likely to be ineffective in achieving the organizational goals of the firms in question.
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What are the advantages and disadvantages of oral communication?
In 2000, one share of General Motors stock was worth about $80. In 2008, it was worth about $18. Then GM declared bankruptcy and each share is essentially worthless (they have since re-formed with substantial taxpayer assistance but the original..
A company has average demand of 30 units per day. Lead time from the supplier averages 7 days. Assume that the combined standard deviation of demand during lead time has been calculated and is equal to 20 units. One unit costs $10 and the inventor..
Discuss whether both the $400,000 and the $100,000 receipts are assessable income.
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Create a presentation that is being given to seek a research contract with Lego, the leading toy manufacturer. You can be as creative as you wish
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Do you feel video conferencing is a good substitute for face to face meetings? Why or why not?
This assignment has one purpose: to help you develop your present and future capabilities as a manager or business professional.
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