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Praxis Language is a small company in China started by three non-Chinese entrepreneurs. Originally focused on teaching Chinese to native English speakers using podcasting and other online tools, Praxis has also developed content to teach English to native Chinese speakers, which the company perceives as a much bigger market. With a focus on a blended approach of various online learning applications, coupled with personalization, face-to-face instruction and outstanding customer service, the company has grown quickly. The case describes the challenges facing Hank Horkoff, co-founder of Praxis, as he navigates emerging mobile technology (hardware and software), the complexities of doing business in China, and the consequences of explosive growth. What should Praxis do next? Increase the number of languages it offers? If so, which ones and for which markets? Should it simply concentrate on Chinese language education and try to get more customers? Should the company return to its roots and further develop English language training in China? What other services can it add to the platform it has already built? Or should it look to the future and focus on emerging technology like Google’s Android phone and Apple’s iPhone?
illustrate what is the real GDP in every yr, given which the price index has risen from 100 to 104.5 in the 1st yr also up to 108.3 in the 2nd yr.
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Some people have argued that the government should provide medical care to everyone. Under this system: Duke is a particularly highly skilled negotiator. The law firm that hires Duke is able to collect twice as much revenue per hour of Duke's time th..
Suppose that in our economy represented by sectors A and T as described in class (A is capital intensive and T is labor intensive; both produce under constant returns to scale), there is a positive production externality (for instance knowledge spill..
q1. recall that abc company has periodically borrowed funds but contemplates a stock or bond offering so that it can
Given these market characteristics, what is the Lerner Index equal to (as a function of quantity)?
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