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A Canadian university’s business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. However, in an effort to limit class sizes to a “reasonable” level (under 200 generally), the university’s registrar, Tom Choi, placed a ceiling on enrollment of 1,500 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,450 new students to take business courses. What are the utilization and efficiency of this system?
In order to participate at a venture fair, Team TerraZ is preparing a project plan for their new-product offering. The team plans to spend 3 days on ideation. Once ideation is complete, the team aims to interview 20 potential customers (6 days) and t..
Your textbook describes some members of groups facing becoming "social loafers" when members of groups. Economists refer to this as "free-riding".
Riyadh Pharma is a small medical practice owned by four doctors who are general practitioners. The mission of Riyadh Pharma is to provide the best health care and medical assistance for the families of Damam
How does a leader differ from a manager and when would it be more advantageous to be a manager rather than a leader?
What is the importance of reputation management in relation to an organization's credibility. If a public relations person only has their credibility to offer and only as good as his or her deserved reputation, how can social media help or hurt that ..
You expect the selling price to average $.05. a) What is the break-even point in dollars? b) What is the break-even point in units?
You own the Mayer Electrical Distribution Company, and your goal is to maximize your before-tax profits. You currently pay salespeople a base salary and a flat 4 percent commission on sales. What was your total profit before taxes this year? What is ..
Kirkpatrick's Evaluation Why or why not would an organization choose to under go an evaluation process before or after training? Is it a good or bad occurrence if unexpected findings that may have unintended implications are found?
Although we share a common border with Canada, its labor relations system is affected by a number of variables that do not greatly affect the United States. Enumerate and explain these variables.
A 200 room hotel has an annual fixed cost of $1,050,000 and a net income goal of 12% return on investment $5,000,000. With an average room rate of $78 and average variable cost of $34, determine the annual number of room sales and revenue required (t..
While there are many instances of overlap between financial accounting and management accounting, each group’s primary focus is different. Review the Institute of Management Accounting’s (IMA) website, specifically the “About IMA” and the “Resources ..
What is the optimum ordering quantity? What is the annual holding cost? What is the annual ordering cost?
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