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Target a multinational corporation/international company and the practice of "outsourcing" to third world countries. Some examples of MNCs (multinational corporations) would be Nike, General Motors, Ford, Qwest, and Fender Music.
Research its effects on local culture. Write a summary and analysis of 500-750 words and include the following:
1. How does global stratification impact local culture? What are the positive and negative effects?
2. How does global stratification impact the United States? What are the positive and negative effects?
3. Who is the biggest "winner" in this situation? Explain.
The initial cost of a pickup truck is $12,859 and will have a salvage value of $4,027 after five years. Maintenance is estimated to be a uniform gradient amount of $181 per year, with zero dollar for first year maintenance. The operation cost is esti..
Evaluate the overall explanatory power of the regression model. Use a 0.05 level of significance. State all your hypotheses and explain your results. Do not use rules of thumb. Note: You will need to calculate the F statistic to answer this questi..
If mary decided to go on the road trip, what is her opportunity cost?
Discuss JIT-Just-in-Time and Lean Production - Discuss Collaborative Commerce and its benefits.
The table below shows a monopolist’s demand curve and the cost information for the production of its good. What will their profits equal? Quantity: 10,20,30,40 Price per unit: 100,80,60,40,20 Total Cost: 100,400,800,1400,2400
Suppose a consumer's utility function is given by U(X,Y) = X*Y. Also the consumer has $288 to spend, and the price of X, Px=16, and the price of Y, Py=1: How much X and Y should the consumer purchase in order to maximize her utility? How much total u..
Two banks (Franklin and Lincoln) compete for customers in the growing city of Logantown. Both banks are considering opening a branch office in one of three new neighborhoods: Is there a pure strategy for this game? If so, what is it? If not, identify..
What is total cost of saving water. Illustrate what is marginal cost saving 1 meter cubic of water.
Define and discuss the concept of Corporate Communication. Select an organisation and then identify and discuss the issue that are continuous risk for the survival of the organization.
Illustrate is the income elasticity of demand for yo-yos. At what price will total revenue realized from their sale be at a maximum.
Suppose that the government imposed a $1 tax each time someone used an ATM.
Endowment effects. Surveys and experiments reveal that people sometimes demand much more to give up something that they have than they would be willing to pay to acquire it. To illustrate, contrast a situation in which people have an opportunity to “..
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