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In International trade and Commerce, the laws, norms and regulations plays an important role as well as the non- written law. Whit this in mind, describe how the high context cultures and low context culture view a contract? Are the non-written laws important for business transactions?
Based on GM's current condition, do you think it is ethical to reduce the number of employees? What responsibility does GM have towards its employees? Does GM have the same responsibility to the employees of its suppliers?
Many of a bank's customers use its automatic teller machine to transact business after normal banking hours. During the early evening hours in the summer months, customers arrive at a certain location at the rate of one every other minute.
According to Porter, strategy is about trade-offs and choices. Select an example of your choice and elaborate on this statement. Do you agree or disagree? Use your example to support your position.
What overall segmentation strategy would you suggest for a small entrepreneur stating his own business?
One of the key themes of today's economy is the challenge of marketing goods and services in mature markets that are plagued by commoditization. In what ways is pricing strategy related to commoditization? Explain and support.
A car rental company at a major airport has 70% of its fleet of 200 cars rented each day on average. Cars are rented for an average of 4 days. How many rentals are processed each day on average? This is a work in progress problem.
Myrtle Air Express decided to offer direct service from Cleveland to Myrtle Beach. Management must decide between a full-price service using the company's new fleet of jet aircraft and a discount service using smaller capacity commuter planes.
The case describes how quality, speed, dependability, flexibility and cost impact on the hotel's external customers. Explain how each of these performance objectives might have internal benefits.
The average arrival rate is 12 students per hour also the average service rate is 20 students per hour. Illustrate what is the utilization factor.
In considering newly levered versus formerly unlevered firm, illustrate what is break-even EBIT. Ignore taxes.
You are working a second job at Publix, a large grocery store. While on duty, you witness someone steal food right in front of you. The person is disheveled and appears homeless. She has a young child with her. Do you turn her in for the theft?
(Reject the null hypothesis, there is not significant evidence that the mean is less than 52., or Reject the null hypothesis, there is significant evidence that the mean is less than 52.
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