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During Jimmy Carter's presidency, increases in the Consumer Price Index (CPI) reached double digits. In order to combat this problem, the Carter administration launched a Wage-Price Guidelines program in which businesses could not increase prices or wages above a certain percentage or the company would be prohibited from doing business with the federal government. A company also could find itself on the prohibited list if it earned profits higher than a percentage recommended by the government. The Carter administrated argued that higher profits are responsible for higher prices so that if a company made lower profits, its prices would be lower, too.
Did the Carter administration engage in accurate economic analysis and was its prohibition on "high" profits justified? Why or why not?
What is the new economic order quantity? - How many orders will now be placed? - What is the total annual cost of managing the inventory with this policy?
culture and performance1. why is speed to market so critical to product or service innovation? what other factors are
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Perform a VRIO analysis. What is Genentech's competitive advantage, if any? 2. Apply a PESTEL analysis. What impact will changes in health care and biogenerics regulation have on Genentech? Why? 3. Apply a five forces analysis. How would you describe..
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Read the case titled: "Prioritizing Projects at D. D. Williamson" found in Chapter 2.
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If the heights are normally distributed with a standard deviation of 1.5 feet, find the height for which 91% of the trees have a smaller height.
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