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1. Contracting with imperfect information
Consider a manufacturing firm which needs to seek some outside legal help from a law firm. Assume further that the true marginal benefit of this help is given by MB=$400- 2L, where L equals hours per week of legal services. At the same time assume that the marginal cost to the law firm for providing these legal services is constant and equal to $200 per hour. In this context, with the aid of some diagrams, discuss how different assumptions about how well the manufacturing firm understands the marginal benefit of the legal work, and how different assumptions about the relevant market structure, information availability and agency cost will yield different conclusions about the amount of legal services actually provided and also about how the law firm will charge for these services.
What role does the plays in managerial decision making? What role does standard deviation plays in managerial decision making?
Assume you are a trainer of a customer service training program at Home Depot.
Calculate the labour productivity before and after the improvement, and the percentage of increase
Discussed the world's marketplaces. One thing that affects this is accounting standards and international business.
In our age of "permanent availability," do we find enough time for leisure? When we have the time, do we find fulfilling moments?
How would you describe the mainstream view of sustainability? What are some criticisms of Natural Step, 3BL, and other mainstream approaches to sustainability?
How is the concept of incremental analysis used in decision making in day to day operation in an organization?
Write a 1,400- to 2,450-word report showing your plan to evaluate internal controls and evaluate the criteria to identify and report identified
As a transport designer, list five (5) key components of future transport that helps to improves the quality of public transport for disabled people.
1. Define the term production management and give example. 2. Explain the importance of production and operations management.
Sepsis must be coded correctly due to the impact the diagnosis has on reimbursement. It is a high dollar diagnosis that is often difficult to code.
Determine current industrial products and services industry condition in Malaysia and the industry expected future condition based on Porter's five competitive
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