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Many businesses claim that the threat and cost of being sued for damages is a very expensive cost of business. So, one one side, there is the argument that caps, etc. will help businesses keep open. On the other side is the issue of accountability. If a business could get away with making a shoddy product or not keeping a safe floor for customers to walk on, wouldn't that be bad also? Is there a middle ground?
A hospital emergency room averages 50 patients per shift. A shift is 8 hours long, and the average patient requires 20 minutes in the exam room. How many exam rooms should the hospital have if it wishes to maintain a 30 percent capacity cushion
Illustrate what is the probability that both service clerks are idle. Explain how many customers, on average, are waiting in line in front of each service desk.
For burglary, the victim’s loss usually exceeds the injurer’s gain, but the opposite is true for breach of contract. Why? What are the implications for relative dollar values of compensation and punishment?
Conduct a discounted cash ?ow calculation to determine the NPV of the following project, assuming a required rate of return of 0.2. The project will cost $75,000 but will result in cash in?ows of $20,000, $25,000, $30,000, and $50,000 in each of the ..
Research, define and discuss social responsibility, what it means, and its role in business.
Explain why many economists argue that an income tax penalizes savers but a consumption tax would not. In what sense can consumption be regarded as a better index of the ability to pay taxes than income?
What is the purpose of outsourcing? How can it be helpful to a company's growth? How can it be harmful? Give examples to support your answer.
Suppose that your role in a research project were to perform statistical analyses and help explain them for the research report. You realize later that, of the many dozens of analyses run, only those explicitly supporting a costly departmental expans..
Assume a midpoint of $32,000 per year and a 40% range spread. The individual is curretnly being paid at an 83% compa-ratio. The individual receives a 7% pay increase.
Assuming we are in equilibrium conditions, what is the current expected divident yield? What is the expected stock price one year from now? What is the current expected capital gains yield?
Explain the difference Online Transaction Processing and Online Analytical Processing. How OLAP analysis is used to facilitate business intelligence?
The standard time at Lensco Inc for grinding a set of prescription lenses is 18 minutes. If the typical efficiency for their operations is 80%, and typical machine reliability is 87% how many machines are required to meet the forecast of 17,247 le..
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