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In recent times, much emphasis has been placed upon companies finding their competitive advantage in a changing market-place. For many, this has meant exploring new opportunities and developing business transactions between various countries. Consequently, companies have faced a web of regulation about contracts, trading
practices (e.g. consumer protection, anti-competitive practices), and work-place operations.
-How does the board of directors ensure that the company complies with the regulatory requirements, meets ethical standards, and retains a competitive edge?
-What indicators can a board use to maintain oversight in these areas?
A furniture maker has an order for 94 identical tables. If the furniture maker estimates his learning curve at 87% and can reach steady production of 7 hours per table on the 7th table, how long should it take to make all the tables? Express your ans..
Consider an environment where an agent could be either employed E or unemployed U. Let’s normalize E + U = 1, so that E and U are interpreted as the fraction of people employed and unemployed at any given point in time, respectively. What is the prob..
(a) Will a monopolist's total revenue be larger with second-degree price discrimination when the batches on which it charges a uniform price are larger or smaller? Why? (b) How does a two-part tariff differ from bundling?
Why might we not expect free trade to affect the general unemployment level in the economy, but it will affect some more than others?
The average adult produces $75,000 of output per year, Explain how much output is lost as a result of deaths from secondhand smoke, according to the News given below.
You just won a contest and have been appointed State of CT Tax Commissioner (you might be asking, why did I enter such a contest? :)). Your primary goal is twofold: raise revenue and make the tax code more efficient. You have to decide which goods to..
In year 1, nominal GDP for the US was 2,250 billion and in year 2 was 2,508 billion. The gdp deflator was 72 in year 1 and 79 in year 2, real gdp rose by? The answer has to be in percentage
Assume that in addition to policy action described above, Fed decides to sell a massive amount of Treasury bonds from open market. Elucidate in detail effect of this policy action on size of money supply.
Use the Mundell-Fleming model to try to understand the basis for this criticism and show a possible policy that Germany might pursue that could have a beneficial impact on another member country of the euro zone. how do the equation(s) of the model (..
Illustrate what happens if the insurance plan reduces the deductible to zero. What happens if the coinsurance rate is increased.
Every year, thousands of spring breakers flock to Mexico in search of a good time. They exchange millions of U.S. dollars for Mexican pesos. The Mexican central bank anticipates this and acts to keep its currency stable at the present exchange rate. ..
Carl starts out with 20 cords of firewood and only 5 bushels of corn and has a MRS of 1 firewood for 3 corn. Debbie starts with 25 bushels of corn and only 10 cords of firewood and has a MRS of 2 for 1 (2 firewood for 1 corn). How can both be made be..
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