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Assume a city of 1 million people, 75% of who are willing to pay $1 maximum (each) to clean up pollution. The rest of the population is willing to pay $100 each to clean up pollution. Clean-up costs $3 million. It has been proposed that each person be taxed equally to pay for the pollution clean-up.
a) Will such regulation pass a majority rule?
b) Is it desirable from the point of view of the Pareto criterion?
c) Is it a good idea using the compensation principle?
d) Which social choice mechanism do you think is best on intuitive grounds and why?
Q. Show the Arguments against the controllability principle? - Political arguments may occur over such costs which are more subjective than objective when determining controll
1. Find one research article entitled 'Using the balance scorecard as a strategic management system' attached here with. Read this article carefully and give your comments. You may
Q. Show the dimensions of culture ? Dimensions of culture can help management determine Leadership style e.g. if 'high power distance' then autocratic management exp
RF and JT are both former international rugby players who, when they retired, formed their own business, WFH Trading Company. The company that they established at first manufactur
QUESTION (a) Any coherent strategy should have four important elements (Saloner al). Write short notes on each of the four elements (b) Modes of Strategic Management are the
(a) What is the estimated equation of the model: SALES(Y) = b + b PRICE(X)? (b) What sort of relationship exists among SALES OF Y and the PRICE OF X? Do
The provision of services or products that offer advantages different from those of competitors and that are widely valued by purchasers.
Q. Illustrate about Value for money framework? The value for money (VFM) framework (the 3Es) Economy (Cheap) e.g. is the organisation procuring resources at the lowe
Q. What do you mean by Dual pricing? Dual transfer pricing means setting one transfer price for the internal seller and another transfer price for the internal buyer. The basi
Consider the Chester River Health System (CRHS) Strategic Planning example. Taking information only from these two sources into account, formulate an Environmental Assessment of CR
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