User Account

All Pages

What is the quality-separating college time

Assignment Help Business Management
Reference no: EM131311122

A high quality worker, G1, and a low quality worker, G2, apply for a 4-year position at a consulting firm. Both ponder going to college for 4 years to signal high quality. G1 incurs no cost other than tuition. G2 incurs additional (mental) cost of $20,000 per year. The consulting firm wants to hire a high quality worker.

  • Assume the time students go to college is set at 4 years and cannot be changed. If the firm offers quality-separating wages what premium should the firm offer to college graduates? What are the lower and upper thresholds?
  • Now assume the time students go to college is not predetermined. The firm that wants to hire a high quality worker now sets a salary premium of $30,000 instead. What is the quality-separating college time?

Reference no: EM131311122

Questions Cloud

How might complaints actually strengthen the relationship : Mrkt 395 Managing Customer Relationships PROJECT:As a CRM representative how do you convey the value of customer complaints to your organization? Some firms believe that complaints reflect negatively on the employee, the manager or the company and ..
Financial crisis and the great recession that followed : Many people (economists included) blamed Alan Greenspan for the financial crisis and the Great Recession that followed. Describe two mistakes that many people believe Greenspan made.
Show how you represent each box as a table : Assume you want to write a program to simulate the permutation boxes in Figure 31.8 in the text.
Developing and managing the hotel chain business : International Hotel Chain Management (TH-IHM-04) - Critical discussion (based on relevant literature review) on the challenges or problems associated with developing and managing the hotel chain business in a cross-cultural environment.
What is the quality-separating college time : Now assume the time students go to college is not predetermined. The firm that wants to hire a high quality worker now sets a salary premium of $30,000 instead. What is the quality-separating college time?
Show that swapping is a selfinvertible operation : Compare the results of part a and part b to show that swapping is a selfinvertible operation.
Develop a pricing strategy for the new product : Describe the target market (audience) profiles, key buying behaviors, and decision motivators for the consumer target market.Develop a pricing strategy for the new product or service offering.
Differences between keiretsu and chaebol : What are the key differences between Keiretsu and Chaebol?
Identify the main audit planning issues : ACC305 - Auditing and Professional Practice Assignment. Required - For each situation, identify the main audit planning issues that need to be addressed in the planning documents

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd