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Even before the metals and manufacturing companies described earlier, U.S. railroads in the nineteenth century were M-form organizations based on geography. Why might a large railroad be better organized as M-form than U-form?
The key difference between the U-form and the M-form is that the divisions in an M-form company are organized by brand or geographical region and not by their function as they are in the U-form. Each division actually operated its own set of functionally organized departments, which were overseen by a divisional manager, meaning the divisions themselves often behaved like small U-form companies. Each brand was in control of its own advertising, manufacturing, and accounting procedures, so long as they were able to operate effectively and to the level of production that had been approved by the central office. The M-form keeps decisions at the divisional level that would be sent to headquarters in a U-form firm. Product-specific decisions at the lower level are made by those who are most likely to have the relevant information at hand and know how evaluate it.
Describe what is meant by the Gold Standard and what were the problems with the gold standard?
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A big city just doubled the yearly fee for hot dog push carts that had exclusive rights to a spot just south of big museum of art to $288,000
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The exponent of D in the above equation is +0.75. What does this say about the effect of bus fare on the demand for auto travel? Is the demand for auto with respect to auto travel-time elastic or inelastic? Please explain.
In calculating the incremental cost of a particular project, how would you treat the possible future costs of a lawsuit that may occur as a result of this project, where the cost of the lawsuit might range from $10,000 to $500,000 with an associat..
Economic opportunities happen from nations which develop industries in which they have a comparative advantage and describe the concept of comparative advantage.
How many units of phosphorus will these two firms emit if the phosphorus emissions are left unregulated? What is the socially optimal level of phosphorus emissions in the river?
The average 15-year old purchases 12 CDs and 15 cheese pizzas in the typical year. If cheese pizzas are inferior goods, would the average 15-year old be indifferent between receiving the $30 gift certificate at local music store and $30 in cash?
What is the bond coupon rate on a $25,000 mortgage bond that has semiannual interest payments of $ 1250 and a 20-year maturity date?
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