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1. What is the best practices frontier? How does this relate to competitive advantage?
2. Explain why rent seeking competition tends to dissipate rents-to drive them down so that there are no abnormal rents?
3. Jack Welch is heralded as a great leader of General Electric (GE). His strategy to acquire companies in different lines of business based on the requirement that each business in GE was to become #1 or #2 competitor in the industry is touted as being particularly brilliant. While very successful, could there have been a fundamental flaw in Welch's strategy?
4. What type of compensation policy would you expect to observe in an indutry with rapidly changing technology?
Unlike the physical supply chain, inefficiencies characterize the financial supply chains of most companies.
Suppose that the U.S. the demand for phones is given by P=700-Q that the supply is given by P=200+Q. In Korea suppose the demand is given by P=600-Q and supply is given by P=50 + (Q/2). Please regard phones as a homogenous product. Prices are all in ..
illustrate the effect of capital information by comparing the prodution possibitity curves, at the present time and ten years in the future, for two economie, one with a high and the other with a low rate of capital formation.
Determine the minimum average cost of the firm with these different order sizes.
q.a central bank finds itself in the following situation the national economy has been in a slump for several years but
Check your client's Web site to find out if it discusses its business plans for now and in the future. This is often found in a public company's annual report. Private companies sometimes list their business activities under the "About Us" or "Newsro..
Under Illustrate what conditions are likely to be internalized without the necessity of government intervention
Determine the new equilibrium price and quantity and how much tax revenue does the government earn with $6 tax.
q.suppose you know that chateau mulls mrt of wine for garbage was 21 it would require the creation of 2 additional bags
One example is deciding which side of the road to drive on. It doesn't matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt.
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 200 bunches of bananas.
A vendor is offering an extended repair contract on a machine. The firm's experience is that this will cover repair costs over the next four years of $200, $200, $400 and $500. At 6%, what is the extended repair contract worth now?
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