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1. A student who worked for Chipotle stated: I love the Chipotle standard that what's best for the people (employees) is best for the company and vice versa, so I always strive to do my best. It sounds simple, but in reality, that is a difficult culture to enact. Why do you suppose that it isn't common in most organizations? What is difficult about the implementation of such a policy? Does everyone have the same definition of "doing your best?" Will slackers perceive their best in a different light? Can you count on most managers to model the appropriate behavior? Who supervises the managers, and how are they held accountable, not only for product, but for cultural expectations?
Calculate the total cost of driving to Boston and back. Under these conditions, will you drive or fly? What if you value your time at $20, rather than $15, per hour?
The cross elasticity between Product A and Product B is 10. Do you think that Product A is likely to face an elastic or inelastic demand curve? Explain.
The shares of Hod corporation which are at present trading at $12.50, have just paid a dividend of $1.50 / share. Based on investment analysts, the historical growth rate for Hod's dividends of 2 percent per year
The overall framework for carrying out an economic efficiency analysis on the basis of benefit and cost considerations is illustrated as Figure 8.4 of text book Transport and Decision Making (Principles of Project Evaluation and Programming) by Sinha..
Matt Reiss have the Fredonia Barber Shop. He employs 5-barbers and pays each a base rate of $1,000 every month. One of the barbers serves as manager and receives an extra $500 every month.
An entrepreneur quits his job as a banker and invests $100,000 of his savings in a new business venture that he will manage. Discuss the two most obvious opportunity costs that he will incur from this decision.
Market demand and marginal revenue relations for Glove Box units are: P=$500,000-$250Q;MR=$500,000-$500Q;
Explain whether the firm will make economic profit, In the short run and In the long run.
What are the four processes that are useful for increasing the likelihood that information will be transferred into long-term memory?
From the first e-Activity, speculate how the monopolist could be more efficient in the long-run considering new competition has entered the marketplace
What is the relationship between successful supply side policies and un employment in (i) the short run and (ii) the long run, according to (a) Keynesian and(b) Monetarist assumption?
How does the theory of efficient production apply to managers of government bureaus or departments that are not run for profit How about nonprofit clubs that collect just enough dues from their members to cover the cost of operation
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