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Entrepreneurial Ventures
Use the principles of effectual thinking to inventory what and who you know and evaluate how you can draw on your collective personal resources to create value for others. What business model would be appropriate for your venture? Who is your target customer and how will you create and capture value? What external resources would you require and what are the scope and scale of the potential opportunity?
In your view, which of the four you have identified is the most critical? Briefly explain.
Consider an economy in which there are 100 workers. One-half of the workers are endowed with 200 units of the consumption good when young and nothing when old. The remaining workers are endowed with 20 units of the consumption good when young and not..
What do you think of the property of transitivity in choice theory and methodologies of risk assessment. How can we improve the ways we assess risk, or think about choices we make?
Suppose that hedonic wage studies indicate a willingness to pay $75 per person for a reduction in the risk of a premature death from an environmental hazard of 1/50,000. If the exposed population is five million people, what is the implied value of a..
Determine the labor costs required to produce the 100th item if the first item requires 45 days to produce and the learning curve percentage
Do you think the amount of recent economic growth in your chosen country made a contribution to the happiness level measured in the report?
Lifetime Savings Accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $10,000 now and then increases his deposit by $1000 each year through year 20, how mu ch will be in the a..
Describe the principles and values of parental involvement in the childs learning. Think about the role they play, effects of poor involvement on their child, t
The wall street journal reported that Japan’s No 4 automaker-Mitsubishi Motors- announced a major restructuring plan in an attempt to reverse its 6 percent declining global sales,. Determine the rate at which Mitsubishi can rent capital and the margi..
Discuss the potential conflicts that might occur between that of IT and Operations Management. How might such issues be addressed and resolved.
Suppose that an increase in their income induces customers to purchase more oranges at any given price. Also suppose that an abundant orange harvest results
Domestic handling fee and transportation fee equals to 10% of the total value. After the seller give you the quotation of FOB, CFR and CIF.
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