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International economics is dominated by the idea of comparative advantage - that different endowments and activities in different countries make them relatively more or less efficient at different economic activities. In other words, countries (and organizations) should specialize in the economic activities where they have a competitive edge against the competition.
Define and explain the concept of comparative advantage.
Select any country that interests you. Then, determine one product or service where the country has a comparative advantage and one where they have a comparative disadvantage. Discuss the factors within the country that created this comparative advantage, and also the factors that contributed to their comparative disadvantage.
Finally, where the country has a comparative advantage, detail the strategy the country should adapt to maintain this advantage for the next five years. Importantly, comparative advantages fade rapidly and countries (and organizations) should constantly strive to maintain and expand their existing comparative advantages.
List three (3) key performance indicators of the business.
Negotiating trade-offs and helping management and project team members ameliorate the impact of trade-offs in adverse conditions is a unique set of skills that the project manager brings to the table. What are these skills? Please be prepared to d..
Define the Triple Bottom Line concept. Illustrate what efforts toward the Triple Bottom Line have your organization or an organization of your choice implemented? Illustrate what would this organization's Triple Bottom Line comprise?
Why is the external environment important in the open systems view of organizations?
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A machine is supposed to fill juice bottles with 16 fluid ounces of juice-The manufacturer picks asample of bottles that have been filled by the machine and determines the volume of juice ineach bottle
What is the organization design of Apple company
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Sustainability reports are increasingly becoming expected or even required by business organizations.
Is it likely that most people will have one dominant image of change management? Why? Why not?
Describe at least one practical application of data visualizations to one of the major functional areas in business. Provide specific examples.
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