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This discussion is about the excerpt from "Office Space." Respond to the following questions:
a. In the movie Peter says: “It’s not that I am lazy. It is that I just don’t care…The problem is one of motivation.” What kind of problem is depicted in the movie? Is it one of moral hazard or adverse selection? Explain.
b. The consultant mentions a “Stock option equity-sharing program” to provide incentives for Peter to work harder. Explain in detail how such programs are used motivate employees. What kind of incentive problems do they solve?
c. Do you believe that such an incentive program will be successful in providing incentives for employees like Peter to work harder? Explain. Defend your viewpoint.
The type of planning conducted on a long-range basis by top managers is usually called
Education is a funny business. Schools usually charge the same tuition for all 3 credit classes even though some class times are much more popular than others. At WCC for instance, 11:00 a.m. classes are much more popular than 9:00 a.m. classes. Let’..
You have a gross income of $386200 in 2014. Your filing status is married filing jointly. You might itemize deductions and you are allowed 5 exemptions. During the year you donated 3.3% of your gross income to charity and you have an interest-only mo..
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The vast majority of new products fail. Estimates of failure rates range from 60% to 90%. Why? Isn't it reasonable to assume that the people working for the major food companies know this and thus take steps to ensure their new products are successfu..
Calculate the purchasing power parity exchange rate between the Swiss franc and the dollar. Based on your calculation, is the SF overvalued or undervalued.
Suppose you are the manager of a home-building company and the government is considering eliminating the deduct-ability of mortgage payments interest.
A purely competitive wheat farmer can sell any wheat he grows for $30 every bushel. His five acres of land
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q.postcard bangalore. hearts set on joining economy globally as indian it workers are brushing up on their
If aggregate demand increases and as a result the price level increases and real national output and employment increases we can assume that: A decrease in aggregate demand in Keynesian range of aggregate supply will tend to:
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