Hypothetical employees at the firm

Assignment Help Business Economics
Reference no: EM133126082

Suppose Devesh decides to expand his (100% self-owned) Indian-based software consulting firm by opening an office in Palo Alto, California (in Silicon Valley). Devesh wants to continue to manage the operation in Chennai, but he hires a friend, Anton, from his MBA program to manage the Palo Alto office. Devesh will continue to serve some Silicon Valley area clients who he's had since starting the business, in addition to all his other global clients. Who is the agent and who is principal in the Palo Alto office, and why? [Answer only with regards to Devesh and Anton; do not include any other hypothetical employees at the firm.]

Reference no: EM133126082

Questions Cloud

Stackelberg equilibrium quantities and price : Suppose that Stark Real Estate (S) and Rogers Properties (R) are competing in a Stackelberg competition, where Rogers Properties (R) gets to move first. All of
What is the correct entry to record the payment : The invoice subtotal was $1,000. What is the correct entry to record the payment receipt assuming the customer received the early payment discount
How much is owed to the company from customers : March 1: Winston invested $75,000 in the business, which in turn issued its common shares to him. How much is owed to the company from customers
Calculating present and future values : Explain the variations on the calculations of these values and What considerations are made when determining which method you use to calculate present
Hypothetical employees at the firm : Suppose Devesh decides to expand his (100% self-owned) Indian-based software consulting firm by opening an office in Palo Alto, California (in Silicon Valley).
What is break-even point in unit sales and in dollar sales : The company's fixed expenses are $411,600 per year. The company plans to sell 29,300 units this year. What is break-even point in unit sales and in dollar sales
Document exposition by providing the sources : Ideally you find a real world case which has been documented in the business press. Note that you have to argue that milking its reputation was a deliberate dec
Difference between micro- and macro-prudential regulation : 1. What is the difference between micro- and macro-prudential regulation?
Determine the economic order quantity : East Valve Distributors distributes industrial valves and control devices. The Eastern control device has an annual demand of 9,375 units and sells for $100 per

Reviews

Write a Review

Business Economics Questions & Answers

  Stores represents a means of price discrimination

Ginny and Lucia are debating the use of coupons by grocery stores. Ginny says, "The use of coupons in grocery stores represents a means of price discrimination.

  What is the income elasticity of demand for steak

Suppose that after hurricane Irene, the average income in Cape Charles, Virginia decreased by 14%. In response to this change in income, suppose the demand for steak in Cape Charles decreased by 4%. What is the income elasticity of demand for steak?

  The inflation rate in each of the two years

Suppose that in 1960 Joe’s grandfather had a starting salary of $20,000 per year. In 2013 Joe graduated from college, got a job, and had a starting salary of $40,000. You need to know the inflation rate in each of the two years to figure out who is b..

  What is the reserve-deposit ratio

Assume that the currency-deposit ratio is 0.5. The Federal Reserve carries out open-market operations, purchasing $1 million worth of bonds from banks. This action increased the money supply by $2 million. What is the reserve-deposit ratio?

  Tax have on the equilibrium price and quantity in the market

The federal government has imposed a new tax on car alarms. Assume that the tax is physically collected from sellers. a. What effect will this tax have on the equilibrium price and quantity in the market for car alarms?

  Elucidate most likely reason the city council in new york

Elucidate the most likely reason the city council in New York City consistently denies licenses to independent van drivers selling rides to the public.

  Interest rates on bonds and default risk on bonds

The yield curve is the graph that shows relationship between interest rates on bonds and default risk on bonds with different rating. True/false explain

  What is the average variable cost

1. Suppose the total cost of producing 10,000 tennis balls is $30,000 and the fixed cost is $10,000.

  Trade for the foreign country under the ho model

Is there a gain from trade for the foreign country under the H.O. Model? Explain (you may use a graph to illustrate your answer)

  Proprietary income from running the local power utility

The city of Joslyn has three sources of revenue, borrowing, proprietary income from running the local power utility, and taxes. If it recieved $10 million from running the electric power utility and borrowed $40 million, how much did it collect in ta..

  What is total cost to decrease and profits to increase

Suppose Dell computer Company operates in a perfectly competitive market producing 5,000 computers per day. What is total cost to decrease and profits to increase.

  Price of capital in the restaurant industry decreases

Suppose the price of capital in the restaurant industry decreases. Explain how the decrease in the price of capital affects the demand for labor in this industry. Be sure to explain both the scale and substitution effects.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd