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Milton Friedman stated in his famous article in the New York Times in 1970 that “the social responsibility of business is to increase profits.” Do you agree? If not, do you prefer that multinational corporations adopt a focus on corporate social responsibility or sustainability practices? (please do not copy and paste another person's answer)
A university has determined that its students fall into two categories when it comes to room and board demand. University planners call these two types Sleepers and Eaters. Currently, the university offers students the option of selecting just the do..
Explain, in the IS/LM/BP framework with fixed exchange rates, the impact of an autonomous increase in foreign demand for a country’s exports upon the country’s national income, money supply, and balance of payments. If there is no impact on a variabl..
Dan and Neil are playing Settlers of Catan. Dan has rolled a seven and just put the stopper on a Field which touches one of Neil’s Settlements. Since Dan is a real jerk store, he decides to steal one of Neil’s two cards. Draw a payoff matrix for Neil..
Cee Company in Canada agreed to sell 10,000 “New coffee percolators in the manufacturer’s original packaging, with standard manufacturer’s warranty,” from Schwartz, GmBH. Schwartz agrees to ship the percolators CIF, and Rousseau agrees to make paymen..
You are purchasing a German bond today for 800 Euros. You can cash in the bond in 4 years for 1000 Euros. What interest rate are you earning on this bond, assuming compound interest? What is the total amount of interest you will earn?
Which of the subsequent companies has recently been used by the federal government for monopoly practices
Explicate the difference between balanced growth strategy and unbalanced growth strategy.
During the most recent recession—the so-called Great Recession—the United States government increased the amount of time an individual was eligible for unemployment benefits from a maximum of 26 weeks to a maximum of 99 weeks. How is this likely to c..
One of the current trends in the business environment is the shift in many organizations to a group based or team based organizational structure. Why is this happening? What do you think are some potential pros/cons of implementing this type of chang..
What type of targeting is strategy is Boyle’s Strength & Conditioning likely using? In thinking about Mike Boyle Strength & Conditioning’s target markets, which of the following segmentation variables is the company most likely using?
Suppose that Kristen and Anna can sell all their wristbands for $1 each and all their pot holders for $5.50 each. If each of them worked 20 hours per week, how should they split their time between wristbands and pot holders? What is their maximum joi..
Describe the cost function and explain the difference between a short-run and a long-run cost function. Describe the elements of a cost schedule which can be derived total, fixed, and variable costs. Compare and contrast the short-run cost function a..
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