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Explain:
(a) Why do most firms produce more than one product?(b) What is the rule for profit maximization for a multiproduct firm?(c) Why would a firm produce a product on which it makes zero profits?
Describe the augmented product concept and also define the product protocols.
Describe each of the following forms and address advantages and disadvantage of each: What is the most appropriate form of ownership for aggressive entrepreneurial firm?
How do you think management changed over the years in respect to the following? Corporate responsibility and ethics.
Discuss the purpose of risk assessment for a company.
What are the benefits to good communication
Explain and discuss the limitations of traditional strategic choice models.
How do organizations prepare employees for change?
Using Drucker's discussion of generic vs. exceptional issues, how would you categorize/analyze the Katrina disaster.
Develop a system of inquiry to be employed in evaluating decision-making, problem solving, and behavior in a business setting.
Discuss the relationship between objectives and goals?
What does it mean to say that managers should maximize shareholder wealth subject to ethical constraints? What ethical considerations may enter in a decision that decreases cash flow or stock price?
Persistence: assess the sufficiency of persistence in the identified leader. Is it true persistence or mere stubbornness?
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