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If there is no comparative advantage between two countries: Select one: a. one country must be more productive in producing all goods than the other. b. the benefits resulting from trade are increased. c. there are no gains from specialization and trade. d. each country should specialize in the production of a particular commodity.
For retailers to earn a markup of 25 percent, what should the wholesale price be? For the wholesalers to earn a markup of 10 percent, what should the manufacturer's price be?
Describe common communication practices and discuss the significant advantages and disadvantages of each. Provide an example from your work life when a manager might have used a more effective means of communication.
Based on information for the current years, is Kansas City the best location for a warehouse? If not, what are the coordinates for a better location>? What cost improvement can be expected from the new location?
Bill Murray Motors is an auto dealership that specializes in the sale of station wagons and light trucks. Because of its reputation for quality and service, Bill Murray has a strong position in the regional market, but demand remains somewhat sensiti..
Compensation refers to all forms of financial returns and tangible services and benefits employees receive as part of an employment relationship. Employees often perceive their compensation in different ways -- as a return in exchange for their labor..
A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, What order size would you recommend
Illustrate what do you think are risks involved (to HR also organization as a whole) if HR does not make this a priority also instead remains a purely task-oriented department mostly administrative in nature.
Contrast push and pull methods of moving goods and materials through production systems. What are the main benefits of a lean system? What are the benefits and risks of small lot sizes?
Benchmarking Organizational Process Improvements
An animal leaves its burrow near a river bank and moves up and down along the river bank foraging for food. Its distance upstream from its burrow after t minutes is denoted by X(t), and may be reasonably modeled as an ordinary Brownian motion {X(t); ..
Excelsior's proiducts average inventory is valued at $500,000. Inventory is ordered 52 times per yearat a reordering cost of $700/per order. THe cost of carrying inventory is 20%. What is Excelsiors annual inventory carrying cost?
With examples describe two important employee attitudes. In your answer be sure to explain why those attitudes are important. Managers have the ability to shape employee behaviors. Let’s say you have a female employee who dresses inappropriately for ..
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