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Question 1.
Explain the different types of price discrimination. Then identify a real-world example of price discrimination (preferably not one from the unit lesson), and explain which type of price discrimination it is. Next, using the good from your own chosen price discrimination as an example, illustrate how the good fits the criteria necessary for successful price discrimination. Finally, discuss how the price discrimination example leads to an increase in total benefit to society. Include in your discussion an evaluation of the effects on people paying the higher price and the effects on people paying the lower price.
Question 2.
Identify a situation that involves making decisions using expected value, and detail the different options, expectations, and payouts. Discuss the risks involved with those expectations and, if applicable, the payouts. Include in your discussion an explanation of how to determine how much information to gather to minimize uncertainty. Finally, explain which decision should be made.
In the lesson, employee engagement is described as the key difference between these types of organizational outlooks.
Discuss the nature of attraction to charismatic leaders and why some people would be more attracted to such leaders than others.
Without a strong sense of the organization's purpose within the marketplace, knowledge of consumer trends, and how to meet target market needs at the appropriate price, management is less likely to maximize the efficiency of business activities an..
Three products, Product1 and Product2 and Product3, are produced in annual amounts A1, A2 and A3 respectively. Producti (for each i = 1, 2, 3) has annual demand Ai (as above), fixed cost per order ki, unit cost per item ci, annual holding cost hi, an..
Imagine you are a curator at your local city's Museum of Art. You have been asked to organize a small exhibition of objects of art from the cultures of Asia
Target Supermarket Complete the (Internal Factor Evaluation (IFE) Matrix with ten (10) strengths and ten (10) weaknesses. P
Determine three (3) areas of competency that you think are most important to effectively manage a medical group practice.
What should be his short, intermediate, and long-term goals? How can he ensure agency success and growth?
What is the average throughput time (TPT) for customer during weekend?
What purposes do performance appraisals serve? Why are there so many appraisal methods?
Choose one theory from the content perspectives and one from the process perspectives.
Describe the production process steps observed or implemented from the benchmarked company. Compare and contrast standardized and non-standardized process steps.
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