Answered: Which component of diversity leads to…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question 14 Amazon recently announced that its trying to set up its own shipping and delivery service. This is an example of: backward integration forward integration blue ocean strategy strategic alliance
True/ False Perfect competition produce a homogeneous product which have a good knowledge among the buyers and sellers.
QUESTION 3 A first step in determining managerial objectives is to: eliminate agency problems. select an appropriate capital structure. serve the needs of the customer. develop appropriate compensation policies.
Research and development (R&D) is considered a ________ because Fixed cost; it does not vary with current output Fixed cost; it is related to advertising Variable cost; more R&D leads to more quantity produced Variable cost; more R&D leads to higher profits
Describe the seven elements of organizational structure and explain the characteristics of function,bureaucracy and matrix structure
Big Miners at Odds Over Whether Worst Has Passed - Wall Street Journalby: Rhiannon Hoyle (see images below) 1) How do potential changes in the Chinese economy affect the demand for minerals as well as the decisions made by mining companies? 2) Why is it difficult for mining companies to get the timing right with regard to the development of new mines? 3) “Mining typically follows an about four-year boom-to-bust cycle….” Is there any reason why they cannot use their historical data make their investment decisions and demand forecasts? 4) Mining companies are facing a potential “high price for mineral commodities” state of the economy and a potential “low price” state. Why then are they visiting factories and scrapyards? 5) How do environmental policies affect the demand for coal? Why are mining companies concerned about their ability to predict changes in environmental policies?
What is the root, underlying problem within the case (provide detail)? The case study focuses on Mr. Hans Overmayer, the marketing vice president of Motofabrikverk S.A.'s Industrial Controls Division in Zurich, Switzerland, in 1983. The company was losing money in the numerical control market as a result of a drop in global demand for machine tools induced by the recession and fierce competition. Background information on the company, its products, research and manufacturing, and the numerical control industry is provided in the case study. Based on the information provided, Moto appears to be a company that specialises in the production and selling of numerical controls (NCs), which are computerised devices that steer machine tools. The company entered the NC sector in 1962 and by 1983 was the third-largest commercial provider of NCs in Europe. However, Moto's Industrial Controls Division (ICD), which is in charge of the NC business, reported a 5% loss in sales in 1982…
Fill in the table by the main characteristics of the competitive markets. Criteria: Pure and perfect competition Imperfect competition Monopolistic competition Oligopoly Monopoly Number of sellers Number of buyers Type of the commodity Price control Barriers of entry to the market Access to the market information Examples of real production markets
How are the core and peripheral tiers changing?
Only typed answer Firms using prerequisites (perks ) along with cash compensation for employees is an example of 1.vertical integration 2.an explicit contract 3.an implicit contract 4.costless contracting
The main distinction between applied and basic business research is that: a. basic research does not have to be carried out in a scientific manner b. basic research undertaken to make a contribution to existing knowledge, whereas applied research is undertaken specifically to solve a current problem c. applied research is aimed at solving a currently problem, whereas knowledge gained by the findings of basic research cannot be applied by organizations to solve their own problems d. none of the above
Manager: If I can reduce my costs by $40,000 during this last quarter, my division will show a profit that is 10% above the planned level, and I will receive a $10,000 bonus. However, given the projections for the fourth quarter, it does not look promising. I really need that $10,000. I know of one way that I can qualify. All I have to do is lay off my three most expensive sales-people. After all, most of the orders are in for the fourth quarter, I can always hire new sales at the beginning of the next year. personnel Guide questions: 1. What is the right choice for the manager to make? 2. Why did the ethical dilemma arise? 3. Is there any way to redesign the accounting reporting system to discourage the type of behavior that the manager is contemplating?

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Which component of diversity leads to increased knowledge and creativity in teams? A)Homogeneity B)Uniformity C)Consistency D)Varied viewpoints and experiences