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1. Do you believe that in the next three years large firms will be more or less diversified than they are today? Why? Will the trends regarding diversification be identical in Europe, the United States, and Japan? Explain.
2. One rationale for pursuing related diversification is to obtain market power. In the United States, however, too much market power may result in a challenge by the US Justice Department (because it may be perceived as anticompetitive). What situations related diversification might be considered unfair competition?
To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots.
A buyer negotiating with a supplier suggests that as his order size increases, the supplier's price quote should decrease both because the fixed costs can be spread over a greater volume and because the learning curve should lower the variable cos..
What thoughts come to mind when we discuss the costs of quality? Can you support your answer from the readings and course materials?
The Discovery The Chief Financial Officer at Sample General Hospital has just discovered that the hospital’s Chief of the Medical Staff’s son Jason, a student at the local community college, is paid $100 per week year-round for grounds maintenance at..
How are planning and control linked. Is the control function linked to the organizing and leading functions of management. Explain
Suppose it is equally likely that a plane flight is 50%, 60%, 70%, 80%, or 90% full. What fraction of seats on a typical flight are full? This is known as the flight load factor. We are always complaining that there are never empty seats on our plane..
Describe how your organization will evaluate project progress/performance.
After several failures, a project manager believes she is due for a success.In what way does this represent the human bias of misconceptions of chance?
Producing an item requires 6 different tasks. Let tj denote the time (in seconds) to complete task j. We have: t1 = 30, t2 = 25, t3 = 35, t4 = 40, t5 = 15, t6 = 30. You would like to divide the tasks to 4 workers to constitute a production line. Find..
This winery, outsources 95 percent of its grape production, letting farmers take on weather-related and other grape growing risks while it concentrates its full energies on wine production and sales. In -------, consumers prefer top-loading washing m..
“Muda” is the Japanese word meaning “waste”. The goal in lean manufacturing is to identify and eliminate Muda. Describe how the Just-in-time (JIT) approach eliminates Muda and optimizes warehouse inventory. Describe at least one other approach to eli..
Buying decisions are complex for retailers as the decisions often involve and international component.
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