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Answer the following questions:
Part 1: Give one example of products or industries that has external economies of scale and dynamic increasing returns. Explain why?
Part 2: Recently, we have observed that wage in China has been increasing. What would you think to happen to external economy industries currently located in China? Will these industries move to foreign countries with lower wage? Why or why not? Please use the theories discussed in this module to explain your answer.
What part does consumer confidence play in GDP? Research the term "animal spirits" and how it applies to business confidence. Can you give an example of consumer confidence in your life?
Consider this scenario. You work for a five star international hotel. You are responsible for training junior employees about the appropriate style and layout of documents.
In the population, IQ scores are normally distributed a mean score of 100 and a standard deviation of 15. A. What is the probability that a random person will have an IQ scoregreater than 124?
What is the definition of socially responsible risk management and How would you go about enacting a more socially responsible risk management strategy in your current workplace? Brief explanation.
Describe how you would build rapport with your audience in a business presentation.
Demand Analysis
What positive leadership traits did that leader possess?
Provide a proposed new evaluation plan for business unit leaders. Explain the long-term benefits Samentech Inc. could gain if it adopts a more effective evaluation strat- egy for its business unit leaders.
Go to www.jointcommission.org. Click on Quality Check and find a hospital in your area. View the accreditation quality report. Describe what you have learned about this hospital. How could health care consumers use this site in deciding where to s..
An organization has 56 units of product X on hand. Forecasts of demand are for 20 units per week. An MPS quantity of 100 units is planned to arrive in period 3. Consumer orders are 24 for period 1, 18 for period 2 also 15 for period 3.
Human Capital and Public Finances are two imperative aspects of any public organization. In what ways are human capital and finances competing values? How can bureaucrats navigate the competing needs?
Describe two concepts that you have learned in this chapter to explain the results of your self-assessment exercise. This is where you can demonstrate to me that you can apply the concepts we are learning to your specific situation.
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