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Even before the metals and manufacturing companies described earlier, U.S. railroads in the nineteenth century were M-form organizations based on geography. Why might a large railroad be better organized as M-form than U-form?
The key difference between the U-form and the M-form is that the divisions in an M-form company are organized by brand or geographical region and not by their function as they are in the U-form. Each division actually operated its own set of functionally organized departments, which were overseen by a divisional manager, meaning the divisions themselves often behaved like small U-form companies. Each brand was in control of its own advertising, manufacturing, and accounting procedures, so long as they were able to operate effectively and to the level of production that had been approved by the central office. The M-form keeps decisions at the divisional level that would be sent to headquarters in a U-form firm. Product-specific decisions at the lower level are made by those who are most likely to have the relevant information at hand and know how evaluate it.
Describe the effect of each of the following events on the market for labor in the computer manufacturing industry. Use graphs.
Competitive industry, market determined price =$12, Output = 50 units, ATC = $10, Marginal cost = $15, AVC = $7-Is this firm making the right profit maximizing decision? If yes, why and if not, what should this firm do?
One way to view the law of diminishing marginal productivity is to say that, The concept of derived demand can best be illustrated by the statement:
Determine what would be present value of an product that has a salvage value of $25,000 at the end of 5-years? Suppose a discount rate of 3.8 percent for an end of year factor.
Are you in favor of either deficit spending on the part of government or one of a balanced federal budget and budget surpluses?
The following data is presented on two mutually exclusive projects under consideration by the XYZ Company: Compute the following values for each project using the time value tables and Microsoft Excel.
Write a 750-word essay on how the Environmental Protection Agency's policies impact business in the United States.
Describe the cutthroat competitors reasons for not increasing or decreasing his price, thereby accounting for the kink in his demand curve.
The effective capacity and efficiency for next quarter at MMU Mfg. in Waco, Texas, for each of three departments are given below. Compute the expected production for next quarter for each department.
The demand for new homes in the United States is often described as highly cyclical and very sensitive to housing prices and interest rates.
How long has Wal-Mart made positive economic profits? How long has Starbucks earned positive economic profits? Has entrepreneurs been able to innovate and otherwise compete with Wal-Mart and Starbucks?
Determine the profit-maximizing average monthly production capacity for DermaPlus for each of the possible reference-based prices identified by the consultant. Estimate the expected monthly profit in each case.
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