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Question: Assume that you park your car in a legal parking space on a corner, and a driver who comes around the corner too fast rams the bumper of his truck into your car, damaging your car but not his truck. A rule of no liability gives the driver of the truck the same incentives to avoid such accidents as the incentives given to you to park your car in a safe place under a rule of strict liability with perfect compensation. Explain why.
Jim’s Burgers produces 600 burgers per week. Each burger sells for $3. Goody Candy orders 500 burgers for its upcoming office party from Jim’s Burgers. Jim decided to accept the order for $1250 lump sum. What would be the marginal revenue p
A purchasing manager at a local manufacturing company was quoted an estimated time of 47 labor hours to produce a prototype for a new product. The supplier also estimated the learning rate to fall between 82 and 85 percent. What percentage decrease s..
Explain the relationship between the three generic strategies and headquarter subsidiary relationship. Explain the different types of subsidiary-level strategy, and discuss some of the pitfalls associated with each type.
Further investigate current and future big data and/or analytic technologies that interest you.
Marilyn's 5-year-old daughter has the flu and needs to be admitted to the hospital for dehydration. Marilyn wants to stay overnight with her in the hospital, but the head nurse refuses her request. When Marilyn comes to you for help, you find out the..
Why is it important for organizations to utilize integrated marketing communications organization.
Discuss any gaps or challenges in implementing anticipated future strategic management projects in your vocation or ministry.
Describe which of the five tools of organizational design your selected organization uses to maintain and improve productivity while achieving cost savings. Use detailed examples in your response.
Digital Sales Co. sold Feldman, a consumer, a Blu-ray Disc player, promising that if she did not like the unit after one week she could return it and get her money back. If the unit suffered damage during that week, would the seller have to return Fe..
How does the performance management system work? Be as detailed as possible. Can the way the feedback mechanism presently used be improved? If you are self employed how can your customers provide a better feedback to you or how can you solicit better..
Dynamic pricing or surge pricing refers to the setting of prices for a good or service based on demand at the moment meaning that during times of high demand organizations raise its prices, often drastically. Dynamic pricing has helped maximize reven..
Consider an optional replenishment system (also called a min-max or (s,S) system) for inventory control. This type of system was simulated in the lab, and is described in the textbook.
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