Explain why organizational theory is important tool

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1. A store sells original local and imported compact discs. The owners buy the local CD for Php200 then sell it for Php450; and buy an imported CD for Php450 then sell it for Php800. They can buy 200 to 350 pieces local CD and import 150 to 300 pieces of imported CD but not more than 500 pieces of both. How many pieces of local and imported CD should they buy to maximize their profit?

2. Explain why organizational theory is an important tool for the manager in the 21st-century business organization;

3. Think about various types of technological innovation projects that firms might undertake. Conduct research to determine the types of innovation projects that are better suited for large firms and those that are better suited for small firms. Provide examples of projects where large firms outperform small firms and where small firms outperform large firms. Include a link to a relevant journal article as justification for your ideas and examples.

Reference no: EM132273504

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