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"Strategy has two major dimensions: positioning for the present and adapting to the future" (Jordon & Grant, p. 170). In adapting to strategic change, structures, systems, and culture are the most stable parameters of an organizational design and those that are malleable in crafting a strategic change. For this discussion, consider changing one or more of these elements for a critical strategic issue you have identified for your project firm. Then, craft a strategic recommendation that Procter & Gamble could realize in no more than six months.
Suppose that each worker in the Home country can produce three cars or two TVs. Assume that Home has four workers. Graph the production possibilities frontier for the Home country. What is the no-trade relative price of cars at Home?
Regarding behavioral economics and social regulation: A. How has research in behavioral economics contributed to new and better social regulations? B. By definition, social regulations limit individual freedom and are paternalistic. Explain how a pol..
From chapter 8 (chapter 21 in the combined volume), we know that the primary cause of inflation is expansion of the money supply. In this chapter, we learn an additional side effect of monetary expansion. What is this effect? A. Current account defic..
Find a pop culture reference (from TV, movie, music, magazine...) of an economic concept. The reference can be anything we have covered in class.
Consider how the economy may be influencing your life. What has the most impact on you? Has a similar economic condition happened in the past? What is the likelihood it could happen again? What should you do to prepare for the next period of economic..
In what ways does the concept of the prisoner's dilemma contribute to our understanding of environmental problems Regarding global warming, deforestation, and ocean dumping, what are the sources of the problems (political, economic, social) Who are m..
What do you believe is the proper balance between the free market and government regulation of industry? And why?
Many economists think that long-run economic growth is important for the welfare of a nation. a nation with a shrinking population cannot experience long-run economic growth. / long-run economic growth can be measured with per capita GDP / long-run e..
q.an economist claims depends on an econometric study that high profits in a certain industry are explained by that
You buy a bond for $1118 that pays $20 interest ever 6 months. It will reach maturity in 9 years at which time it will return its face value of 1000 plus the final $20 interest payment. What is the pre-tax annual rate of return on this bond? Estimate..
An end- of- aisle price promotions changes the price elasticity of a good from - 2 to - 3. If the normal price is $ 10, what should the promotional price be?
Big pharmaceutical companies are oligopolies and as such their strategic decisions are influenced by the rival's actions. Describe the pros and cons of the oligopolistic firms in the healthcare sectors
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