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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.
Compute the average product of grain when each amount is used. Determine the marginal product of grain when between 1,200 and 1,800 pounds are fed, when between 1,800 and 2,400 pounds are fed, and when between 2,400 and 3,000 pounds are fed.
Suppose your parking lot has two different customers who use it at two times. Daily commuters use it during the daytime, adnsports fans use it at different times to park at sporting events.
There are two goods in the economy, anchovies (a fish) and bananas ( FARM product). Draw the economy's production possibilities before and after a natural disaster that lowers the banana harvest but does not affect anchovies.
The rights to peaceably assemble is found in the first amendment.
With the per-unit prices of broccoli (b) and pork rinds (r) equal to $2 and $1, a consumer, George, with an income of $1000 purchases 400R and 300B. At that point, the consumers MRS = 2r/1b.
Based on the assumption that each family spends $100 plus one-half of its total income each week, what is the total weekly consumption spending of a poor family prior to instituting the tax? What is the total weekly consumption spending of a rich ..
the total output and price produced in an oligopoly market characterized by a dominant firm and a fringe. SF represents the supply curve of the fringe, D is the market demand curve, DRES represents the residual demand curve of the dominant firm.
Figures from a consumption function table in billions of dollars:Disposable Income 200 Planned investment 50Consumption 250 Government Spending 30Net Exports 10Taxes 30Question 1: What is the total planned expenditures?Question 2: What is unplanned i..
Suppose there is a tax cut, holding constant government purchases and all other factors affecting the AD curve. Illustrate the short run effects on output and the price level and LABEL them.
What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.
Suppose that the government increases taxes and government purchases by equal amounts. What happens to the interest rate and investment in response to this balanced-budget change. Does your answer depend on the marginal propensity to consume.
Two of the major macroeconomic measures that tell us how 'healthy' the economy is are "the unemployment Rate" and "the rate of Inflation".
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