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Assume that the National Park Services want to restrict the number of visitors to Yellowstone to 3m visitors a year, which is smaller than the current record at 4.3m. They consider two policies:
i. Raising the price of admissions, and ii. Setting a quota that limits the number of visits to 3m. Compare the effect of these two policies on consumer surplus and welfare. Use a graph to show which policy is superior.
In two hundred words please describe an example of the transactional style you have used or seen a manager use. How did the approach work?
If price discrimination exists, what would be the maximum profit the play could generate?
There are two other well-established pet services in your area. Should you set your price higher or lower than that of the competition?
Google and find an example of a Risk Management Plan. Compare the plan to the suggested content in Chapter 4 and in the slides I provided. Do they differ?
Suppose that foreigners start holding more U.S. currency. For a given interest rate, Americans don't change their holdings of either currency or checking deposits and the Fed makes no attempt to keep the monetary base constant. Consider the follow..
Why have Personal Navigation Devices become popular? What technologies are required to facilitate the success of PNDs?
Describe the purpose of a needs analysis and the necessity of conducting one before implementing training
A principal feature of lean production is large-scale employee involvement and employee empowerment. What do these concepts mean?
Determine which of the following is NOT a goverance mechanism used to align the interests of managers and stockholders?
Compare and contrast one content and one process theory of motivation. In your opinion, why would two people with similar abilities have very different levels of performance? If you were the manager, what would you do and why?
Experience is an excellent teacher in the subject of leadership. People learn what to do from trying something themselves and/or watching others.
What roles do personality and attitude play in the study of organizational behavior?
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