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Cost-Benefit Analysis: Assume you're a legislator facing the following scenario. A new kind of water pollution chemical (Chemical A) is discovered. Some companies discharge "Chemcical A" to the streams of water in the area under your legislation. Statistical evaluations find that as a result of this pollution, each year, 2,000,000 fish and 10 people die. You can pass a law to prohibit such pollution, but obviously there are some administration and compliance costs (costs of regulation) involved.
How much should the costs of regulations be in order for you to pass the law? Show your calculations. Make assumptions about the value of life of the humans and the fish.
Assume that an alternative production process can be used which does not discharge "Chemical A", but instead emits a dangerous gas (Chemical B). This air pollution if not prevented by law, will kill 11 people per year (it is harmless to animals). As a legislator, you can either allow "Chemical A" or "Chemical B" (you need to allow at least one). Use your assumptions from part I to determine, which one should be allowed.
What are the five traditional career stages? Which of the five traditional career stages is probably least relevant to HRM? Defend your position.
Some people prefer to have a man as the pilot of their airplane because. Some people hold all the following opinions about men except
What are some problems that can arise when each stage of a supply chain focuses solely on its own profits when making decisions? Identify some actions that can help a retailer and manufacturer work together to expand the scope of strategic fit.
A manager of a store that sells and installs spas w to prepare a forecast for January, February, and ants March of next year.
Which of the following is an inappropriate and unethical bargaining tactic
Mary Adams is helping her company develop a marketing program for a new product line. The program is designed to appeal most to less materialistic consumer groups who are likely to prize experience, not acquisition. The marketing program is most like..
The objective of this assignment is to measure your progress in mastering the following course competency: Apply theories, models, and practices of global operations management to address business problems.
A nice way to think about such a huge project would be to decompose it into the following components: enterprise/local architectures, enterprise database, web portal, member services, national team services, athlete services, swim meet services and l..
In January 2012, Courier a delivery company, and, Furniture Co, a manufacturer of furniture, negotiated an agreement under which Courier promised to provide for three years all the delivery services required by Furniture Co in exchange for monthly pa..
A classification model's misclassification rate on the validation set is a better measure of the model's predictive ability on new data than its misclassification rate on the training set.( true or false? why?)
An integral part of democracy is, by definition, citizen participation.
What are the areas of concern specific to credentialing a physician? Why. What kind of information is gained from mapping or creating a flowchart?
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