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David Raines is an experienced senior manager who wants to create a business that would employ him and provide for his family when he chose to retire. He also feels the pull of building his own enterprise and in turn wants to help others in his rural locality. Having recently been made redundant he is actively on the look-out for a business opportunity. Should David start up his own business, which of the following leadership style do you think he might employ? Why? Briefly explain your answer.
a. Transactional leadership
b. Charismatic leadership
c. Autocratic leadership
A large school of sharks is reportedly seen by beach-goers at the beaches of Melbourne.
Suppose, as in the federal income tax code for the United States, that the representative consumer faces a wage income tax with a standard deduction. Draw the consumer's budget constraint on the (l,C) plane.
A paper company dumps non degradable waste into a river that flows by the firm's plant. The firm estimates its production function to be.The state environmental protection agency plans to impose a $7.50 effluent fee for each gallon that is dumped.how..
Describe a corruption continuum with details how organizations can become corrupt through actions of its leaders through the following: -administrative indifference - ignoring obvious ethical problems -creating a hyposcrisy and fear-dominated culture..
When income falls, the demand for an inferior goods. Elasticity of supply looks at
During the period 1973-1975, the United States experienced a deep recession with a simultaneous sharp rise in the price level. Would you conclude that the recession was the result of a supply shock or a demand shock? Illustrate, using AD-AS analysis.
Firm incurs two types of costs of production: fixed costs and variable costs. Can you name an industry where the fixed costs are relatively high compared to the variable costs? Can you name another where the variable costs are relatively high compare..
As a political risk analyst, you have been asked to prepare a short report detailing the possible consequences to business operations of a multi-national enterprise (MNE) working in the coffee sector in a politically-unstable country in Latin America..
You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1’s elasticity of demand is -2, while group 2’s is -4. Your marginal cost of producing the product is $40. Determine your optim..
You have a choice of borrowing money from a finance company at 24 percent compounded quarterly or borrowing money from a bank at 26 percent compounded annually. Which alternative is the most attractive? If you can borrow funds from a bank at 26% comp..
What will happen to GDP and employment? What do you think will be the impact on banks and other financial institutions? Do you agree with the bill?
Elucidate the effects of an increase in business investment on the short-run macroeconomic equilibrium.
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