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In the early 1990s, Chrysler Corporation placed nearly all decisions about the development of a new vehicle in the hands of a single, crossfunctional product team. In contrast, Gen- eral Motors used an approach that placed a stronger emphasis on functional specialties.
Small teams were established that consisted of experts from the same functional field. Each team was charged with a particular assignment that related to its area of specializa- tion. For example, one team might have had the primary responsibility for the design of the body of the vehicle, whereas another team might have been charged with developing the drive train. The teams worked simultaneously on their specific tasks. Some individuals on these teams also served on additional cross-functional teams that were charged with coordinating the development process across the functional areas. Discuss the relative advantages and disadvantages of these two approaches to product development.
How could you assess which of the top 3-companies in an industry was best managed from a financial standpoint?
Economics for the Global Manager
The problem has been visualized that labor has been required for getting the work completed in almost all the areas where blue colored is employed.
You were recently hired as a MANAGER of a company that is facing a number of managerial issues and subsequently finding it difficult to make economic profit.
Why does exchange rate overshooting occur? What determines its magnitude?
If the government is running a budget deficit, does this mean that national income will increase?
Consider the four possible combinations and sketch them if necessary:
1.long-run real interest rates are expected to increase. an accountant and an mba student who just finished his course
Discuss the differences between unemployment and underemployment and give examples of each. Which do you think is a more serious "problem" for the economy? How might underemployment be addressed through government policy?
1. What is meant by hysteresis when applied to unemployment?2. How do you account for this phenomenon in the 1980s?
How would you attempt to assess whether the technology used by an industry in a developing country was inappropriate ?
Tropical Sweets is planning a project that will cost $70 million and will create expected cash flows of $30 a year for next 3-years. The cost of capital for this type of project is 10% and the risk-free rate is 6%.
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