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1) Explain what is meant by David Packard's quote "Marketing is far too important to leave to the marketing department"
2) Explain the role of SWOT analysis in determining a firm's objectives or goals.
Your firm is in a major industrialized state, which has a state corporate tax rate of 9.5% of taxable income. If your firm has a gross income of $500,000, operating expenses of $275,000, and depreciation charges of $75,000: a) What is the taxable inc..
The recent merger of US Air and American Airlines received both national and local attention. The US Department of Justice contested the merger on the basis it would produce harmful monopoly-like behavior in the airline industry. Develop an argument ..
The estimated monthly sales of Mona Lisa paint-by-number sets is given by the formula q = 98e−3p2 + p, where q is the demand in monthly sales and p is the retail price in hundreds of yen. Determine the price elasticity of demand E when the retail pri..
Illustrate what does your organization or an organization with which you are familiar consider opportunity costs when evaluating strategic opportunities.
Does the free-market (i.e. unregulated) use of common resources tend to be more or less than the socially optimal level?
A company purchases a new unit of machinery for $20,000. The machinery is to be sold at the end of 10 years for $2,000.If the company uses a MARR of 10%, what is the equivalent uniform net profit cash flow the company must receive each year to breake..
Individuals A and B are the only consumers of good X. Individual A demand for good X is given by: Q = 4 – P and individual B demand for good X is given by: Q = 8 – 2P. The supply for good X is given by MC = 3. Assume good X is a (pure) private good. ..
At a university faculty meeting in 2012, a proposal was made to increase the housing benefits for new faculty to keep pace with the high cost of housing. What will likely be the long-run effect of this proposal?
When there is common ownership, the government might intervene because of:
Bert has an initial endowment of 10 units of food and 10 units of clothing. Ernie’s initial endowment consists of 10 units of food and 20 units of clothing. Represent these initial endowments in an Edge worth Box. Describe the set of allocations that..
Which of the following would shift out (or shift down or shift right) the supply curve for fluorescent light bulbs?
If the CD is cashed in before September 1, 2006, you lose all interest for the first three months and the interest rate is reduced to 1.9%, compounded monthly, after the first three months.
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