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You operate a small but popular and profitable restaurant/bar in a college town. There are several other restaurants and bars nearby. You have conducted a market research study and discovered that the price elasticity of demand for local residents is lower (less elastic) than the price elasticity of demand for college students, who are usually in town only while the college is in session about 9 months out of the year. Discuss at least two pricing strategies you can use to increase your revenues and analyze them in terms of their ability to generate additional profits. Indicate any additional assumptions you are making.
Why are mission and vision relevant to the management of internal organizational social networks? What performance standards might reinforce a firm's mission and vision?
Why do human beings resist change? What are some ways that people resist change in organizations? Are there benefits to organizational resistance?
What should you do? Does it matter what data is stored on your disk drive? If the computer contained sensitive or proprietary data, are you necessarily in trouble? Under what circumstances should you now focus on updating your resume?
Describe the major sources of supply base risk. what are some of the supply chian risk management tools available to avoid or mitigate supply chain risk?
Write a double-spaced essay of between 750-1000 words on the value of business process improvement to an individual business. Describe clearly and concisely what is involved in such activity. What are the advantages? What are the obstacles?
1) Draw a project network 2) What are the critical values 3) What activity has the most slack time 4) Will the prokect be completed by September 1?
Explain the process you selected briefly and state the value added and non-value added steps in the process
George Johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children.
illustrate at what center of gravity coordinates should the new store be located. Census tracts 103 and 105 are each projected to grow by 20% in the next year. Explain how will this influence the new store's coordinates.
What is meant by the term "mark-to-market'? What are the implications for those trading in futures contracts?
Provide examples of explain how concepts in this simulation relate to your workplace. Explain ways in which external social pressures influence business ethics in the simulation.
Define ‘global' and ‘international regional' strategies. What features, issues and challenges distinguish global strategies from domestic strategies?
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