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Employees in a plant in Minnesota are observed to be industrious and very productive.Employees in a similar plant in southern California are observed to be lazy and unproductive. Discuss how alternative views of human behavior and motivation might suggest different explanations for this observed behavior.
The Weaver Watch firm sells watches for $25; fixed expenses are $140,000; and variable costs are $15 per watch.
Evaluate the domestic and / or international factors that impact the issue, and the resulting impact to the U.S. economy and evaluate how the selected issue may impact a business' success within a global economy.
Is the advice, "Know your customer" a management strategy or economic concept or both? Explain. How can managers use economic concepts to manage more strategically? Give three specific examples.
Discuss why it might have historically made sense to centralize the lending decision. Discuss potential factors that might have motivated the decentralization of these rights in certain organizations.
Writers' Pleasure, manufactures gold plated pen and pencil sets. It has a fixed yearly cost of $50,000, and average variable cost is $20. It expects to sell 5,000 sets next year.
You are a business owner firm that manufactures a specialized product in the United States. While developing a 5-year strategic growth plan, you have decided to investigate the benefits and disadvantages of expanding internationally.
The forecasting staff for the Prizer Corporation has developed a model to predict sales of its air-cushioned-ride snowmobiles. The model specifies that sales S vary jointly with disposable personal income Y and the population between ages 15 and 40,
Production function and Factors of production and Production Possibilities frontier
Discuss the moral and economic implications involved in the movement.
1.Will the rate of actual growth have any effect on the rate of potential growth?
A company is planning two business projects. Project A will return a loss of $45 if conditions are poor; a profit of $35 if conditions are good; and a profit of $155 if conditions are excellent.
How many dinners per month must Genos serve to break even - geno presently spends nothing on marketing. If Geno spent $30,000 on advertising a year, what would the breakeven number of dinners per month be then
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