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Learning Activity : When in Malaysia W.B. Milestone, Inc., a manufacturer of sophisticated computer parts, recently moved the operations of one of its divisions to Malaysia. The Company has hired several hundred workers at wages considerably below their U.S. counterparts, but consistent with the prevailing wages in Malaysia. Not only is the Company benefitting from the lower wages, it is also able to reduce its costs further because of the deplorable factories used for its operations (no air conditioning and poor ventilation), it can dispose of waste without any government oversight, and government inspectors are routinely given gratuities for favorable inspection reports or to otherwise grease the skids for the Company. The Company’s operations are in all key respects in accordance with the laws of Malaysia. You were recently hired as a senior vice-president in charge of the Malaysian operations and you are concerned about what you have seen and heard as to how the plants are being operated. When you called a colleague in the states, he said to you “keep your mouth shut and when in Rome do as the Romans do”. What are some of the ethical issues you should consider in charting your course of action and how would you resolve them?
A produce distributor uses 1,200 packing crates a month, and each crate is purchased at a cost of $16. The manager has assigned an annual carrying cost of 20 percent of the purchase price per crate. What would the net change (with its direction) in t..
q1. throughout 2nd world war u.s. prisoners of war utilized cigarettes as a form of money. cigarettes were used to
A bank manager advises all of his loan officers that the average cost of funds for the bank over the past year
In a repeated prisoner’s dilemma, a player that is playing tit-for-tat will:
Should Unilever's stockholders endorse its sustainability plan? Why or why not? Are there business advantages to using sustainable or green suppliers? If so, what are they?
What is the uncertainty of outcome hypothesis? What does the standard deviation statistic tell you? What is a shortcoming of using the standard deviation of winning percentage (within a season) to study competitive balance?
Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. In an effort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete in..
Electrotech, a maker of household smoke detectors, buys resistors for its smoke alarms for $.15 each. The resistor manufacturer marks-up the resistors from $.10. Does the resistor manufacturer’s mark-up necessarily represent profit?
Direct marketing pioneer L.L. Bean has always been a relationship builder. What insight did L.L. Bean have from the beginning regarding the use of direct marketing?
How much profit does each firm earn. Ignoring antitrust considerations, would it be profitable for your firm to merge with Fasten It If not, explain why not; if so, put together an offer that would permit you to profitably complete merger.
q.describe the following terms in your word.bull gross domestic product gdp bull real gdp bull nominal gdpbull
Find the Following: Average Product of Capital, Average Product of Labor, Marginal Product of Capital, and Marginal Product of Labor. Given: Q = 10 K^0.3 L^0.7.
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