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Case Study -The Upper Big Branch Mining Disaster
Case Questions:
What could Massey Energy have done to avoid this tragedy?
The company had a long history of being cited for safety violations. Why might a company persist with flouting violations?
To what extent did Massey Energy’s organizational culture contribute to the disaster? How do you assess the role of the CEO, Donald Blankenship, in creating this culture?
Should society rely on self-regulated behavior of companies to engage in ethical conduct or on legally binding laws enacted by state and federal governments? Discuss, based on this case.
What has been the impact of this disaster on the company, Mr. Blankenship, the employees, and the community?
The GDP deflator is better than the CPI at reflecting the goods and services bought by consumers. The CPI is better than the GDP deflator at reflecting the goods and services bought by consumers. The GDP deflator and the CPI are equally good at refle..
Assess what the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitabilit
The Soup Nut serves his signature minestrone soup in two different bowl sizes, large and small. What strategy should he use to extract the most surplus possible out of customers who come in two types, regular and big eaters, when he cannot distinguis..
W hat will happen to the number of firms, the market supply, and the price of the good as we move from the short run to the long run?
Estimate the relative importance of economies of scale and comparative advantage in causing the following:Much of the world's most expensive wine comes from France.
Suppose a country has a population of 61 million, of which 37 million are in the working-age population. Of those, 11 million are not in the labor force and 23 million are employed. The labor-force participation rate is
As people have more time to adjust to a price change,
Ponder this immigration reform: US citizens are given the right to sell their citizenship to whomever they choose at whatever price they can get. Someone who has sold her US citizenship is no longer permitted to remain in the US without an appropriat..
What were some continuities and changes in American foreign policy between 1865 and 1945? And how did domestic affairs influence changes in American foreign policy towards areas like Latin American, Europe and East Asia?
Graph the market supply and market demand curves for a good or service without world trade. Identify the new price and quantity when the good or service is introduced to the world market. Analyze the intervention required by a central bank to maintai..
A recent study indicates to the long-run average cost curve for cellular telecom companies are basically flat. Illustrate what do you expect to happen to industry output.
Why is the continuing income inequality in the US a problem for the economy? Does it matter that so many people own such a low percentage of total wealth in this country?
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