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Encarta is a multimedia encyclopedia on CD-ROM, which Microsoft produced from 1993 to 2009. It had nine different editions. Examples include editions in British English, American, German, and Italian. The North American version alone had 40 million words and 45,000 articles. Microsoft delegated major editorial decisions to teams of local experts, mostly academics and specialists "who know their stuff." For example, a team of experts primarily from Italy was given editorial decisions for the Italian edition. Encyclopedia Britannica uses a different policy. Its central staff has decision rights to ensure a standard presentation is presented in all editions. Discuss the pluses and minuses of Microsoft's policy relative to Encylopedia Britannica's.
Discuss and explain the concept of valuation with leverage. How could we determine the appropriate cost of capital for a project?
Think of a time when you were involved in strategic decision making. This could be a business situation or a personal condition. It could be anything from buying inputs for a producing company,
Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.
1.A firm will always prefer to make more profit rather than less. Do you agree with this statement?
You were recently hired to replace the manager of the Roller Division a t a major conveyor-manufacturing firm, despite the manager's strong external sales record. Roller manufacturing is relatively simple, requiring only labor
Is a "perfectly competitive market" an efficient mechanism for the allocation of scarce resources? When it is, explain why. When it is not, document reasons for either inefficient or undesirable outcomes.
Explain why the demand for a particular brand is more elastic than the demand for all cigarettes. If Lucky Strike raised its price by 1 percent in 1918, was the price elasticity of demand for its product greater than 2?
The standard model has features similar to the energy efficient model but provides no future saving in electricity costs. It is priced at only $400. Assuming your opportunity cost of funds is 5 percent, which refrigerator should you purchase.
I understand if the United State dollar is weak, then exchange rate reduces. This situation would entice producers in other countries to export their goods into the United State because
conduct interview with one of the managers in our company and ask him the questions. so do the interview with the
1.In what way may short term demand management policies help to stabilise the economy? 2.What problems occur in the use of such policies?
How does economic theory contribute to managerial decisions - explain the law of demand. Briefly discuss the exception to the law of demand.
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