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Discuss the advantages or disadvantages a global firm might experience if it were to decentralize the decision making process through the assignment of teams according to geographic location. Address the following questions: What organizational changes might a firm be obliged to consider, if it makes geographically based divisions? Do you believe the complexity of global decision making has become easier, or more complex, in the last twenty years? What examples of companies successfully or not-so-successfully implementing such an organizational structure can you find? Are there examples where a firm would have performed better by using such an organizational architecture?
A study of the costs of electricity generation for a sample of 56 British firms in 1946-1947 yielded the following long-run cost function: Determine the long-run average variable cost function for electricity generation. Determine the long-run margin..
Consider the following information about the Stark Industries, a monopolist in the market ofiron men. Suppose the demand curve is QD = 30 − P/4. Suppose further that the cost function isTC(Q) = Q2 + 3Q.(a) Determine the pro?t maximizing output, price..
Georgi Rostov deposits$3,000 in a savings account that pays 6% interest compounded monthly. Three years later, he deposits $4,000. Two years after the $4,000 deposit, he makes another deposit in the amount of $6,000. Four years after the $6,000 depos..
Consider a situation where, pressured by a conservative Congress to balance the budget, the government reduces public expenditure with no change in taxes. What would be the effects of this policy (the decrease in government spending) on equilibrium o..
Why does the entry of new firms occur in a competitive market when price is above average cost for the existing firms? Provide real world examples.
Identify ethical perspectives in the global organization.
Discuss how the two cases Microeconomic influences on McDonald's in China. Drawing on current business publications, find some update facts for each case that support this theme.
what is the diamonds water paradox and how is it
Assume there are two health insurance plans, Plan A and Plan B. Plan A • $1,000 annual premium • $5,000 annual deductible • 50% co-insurance on health care spending between $5,000 and $7,000 • 25% co-insurance on health care spending between $7,000 a..
Using two-stage least squares, estimate the demand equation in GRETL. Using two-stage least squares, estimate the supply equation in GRETL.
The local swimming pool charges nonmembers $10 per visit. If you join the pool, you can swim for $5 per visit, but you have to pay an annual fee of $F. Use an indifference curve diagram to find the value of F that would make it just worthwhile for yo..
The annual percentage returns on common stocks over a 7-year period were as follows: Compare the means of these two population distributions. Compare the standard deviations of these two population distributions.
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