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Discussion Question
Respond to Discussion Questions with 150-200 words. In your efforts to provide the answers, I would like to encourage you to also use personal experiences in your responses. Also, cite information from your text to support your answer.
1. Describe methods of incorporating creativity into the decision making process.
2. Identify opportunities to apply innovation and creativity into decision making.
3. Identify business settings where critical thinking may be applied to contingency planning.
4. Discuss how companies can achieve competitive advantage through business strategy?
5. Describe methods of incorporating creativity into the decision-making process?
Consider the famous governors we have discussed in the lessons. Which of these governors do you believe to have been the most influential in growing the powers of the office, in using the office effectively, and best represented the ethos of a Texas ..
Given that standard economic theory looks at human nature as essentially rational and static and Institutional Theory looks at human nature as evolving; What is the importance of a theory of human behavior in economic theory?
Consider a monopolist with the inverse demand curve: P=50-Q. TC = (Q^3 /3) – 11Q^2 + 150Q + 200 and the MC = Q^2 - 22Q + 150. What is the profit maximizing level of price and quantity and what is the associated level of price? Will the firm keep prod..
What is the future worth of a series of equal quarterly payments of $14,000 if the series extends for six years at APR=6%.... show all your work
In the implementation of Kaizen, what groups of employees are likely to need training? How should the trainees be organized? Think of this issue from a training design perspective and from a training content perspective. b.For the type of training en..
Suppose a candidate who runs on a platform of soak the rich wins the 2012 presidential election. After being elected, he or she persuades Congress to raise the top marginal tax rate on the federal personal income tax to 65%.
Assume a firm has a patent on one of its products whose sale generates $32,700/year more revenue than production costs. If the annual interest rate is 20 percent, what is the market value of this patent.
According to trade theory, if a nation has a comparative advantage in a capital-intensively produced good, and the rate of growth of capital is greater than the rate of growth of other inputs (e.g., labor), the pattern of growth which results will be..
Bob is a 37 year old and is an account manager with a large telecom company. He's been dragging his feet with his retirement plan, opting instead for expensive trips to vegas and aspen. He has decided its time to get serious about saving for his reti..
Assume that the spot price of Swiss Franc is U.S. $1.05 with a volatility of 7% per annum. The risk-free rates in Switzerland and the U.S. are 3% and 7% per annum. Assume that the U.S. is the home market. Determine the value of a European call option..
As information technology has grown in sophistication, IT professionals have learned how to utilize ____________ for better decision making. They now look for patterns in the collected data that allow us to make better marketing decisions.
Explain how absolute and comparative advantages were used in your simulation.
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