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In a feisty response to critics who accuse Wal-Mart of providing poverty-level wages (around $9.68 an hour, on average) and few benefits, Wal-Mart chief executive H. Lee Scott, Jr., said Wal-Mart offered good, stable jobs, noting that when it opens a store, more than 3,000 people often apply for 300 jobs. "It doesn't make sense," Mr. Scott said, "that people would line up for jobs that are worse than they could get elsewhere, with fewer benefits and less opportunities." Based on what you learned in this chapter, do you agree with Mr. Scott's assessment.
Venture capitalists seek to maximize economic returns. Considering all the risks in the development or expansion of business ventures, how do venture capitalists make money? How do venture capital firms balance their portfolios to minimize risks?
A 90% service level is desired, so the safety factor (from a standard normal distribution table) is 1.30. What reorder point should be used?
You are selling American made goods to a French customer, but for competitive reasons you must do the deal in Euros. In 6 months, you expect to receive euro 800,000. Do you hedge your receivable and how?
Are long-term objectives helping the enterprise make appropriate strategic choice decisions? How do distinctions between value disciplines
You are planning to buy a new IPOD. Initially the rule is “caveat venditor” - Apple is responsible for defects. Illustrate the economic consequences of a change in legal rules to “caveat emptor”. Under which circumstances should the rule be “caveat v..
Lead time for one of your fastest- moving products is 21 days. Demand during this period averages 100 units per day. What would be an appropriate reorder point? How does your answer change if demand during lead time doubles?
a local cable company zeron has had a monopoly on cable services in the county. as a result the number of customers has
A machine can operate for an average of 8 weeks before it needs to be overhauled, a process which takes 9 days. The machine is operated 5 days a week. Compute the availability of this machine. (Round your answer to 3 decimal places.)
What are some ways in which senders might receive feedback from their messages? How might this feedback affect the sender
Discuss possible applications of the use of simulation in a car rental company. your examples to be as specific as possible please. For example, what variables would be considered random, what variable(s) would be considered the dependent variable(s)..
Explain, using cost, ROI, and strategic principles, why event-style training is falling more out of favor and why electronic-based, or e-training, is becoming more customary. Why do you think that younger generations favor e-training over event-style..
Compare your organization or one that you are familiar with, to another organization that you research. Your research should be based on a scholarly peer-reviewed source that addresses the same topic as the outcome you have selected. Explain lea..
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