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Research firm Ponemon Institute found that 52 percent of the IT professionals surveyed did not believe access rights are well-managed in their organisation, and 78 percent thought employees often, or on occasion, had "too much access to information resources not pertinent with their job function." 19 percent simply said they were unsure. The survey suggests that "People are getting too much access to things," says Larry Ponemon, the Institute's founder. "The No. 1 issue is that we have a problem in that organizations that claim to manage roles and responsibilities may not be doing so."What do you conclude from these findings, and what do you think could be done to improve the situation?
Suppose that a company has a fixed proportions production function that requires it to use two machines and one worker to produce 1000 units per hour. Explain why the cost per hour of producing 1000 units is 2v+w (where v is the hourly rent for the m..
Suppose that your employer offered you $4,000 in cash instead of health insurance coverage. Health insurance is excluded from state income taxes and federal income taxes. (To keep the problem simple, we will ignore Social Security and Medicare taxes...
Ricardo was concerned about deviations of the relative prices of commodities when there was a change in the wage and profit rates. Show how he illustrated these deviations. Then explain why Ricardo was not overly concerned about these deviations, and..
Based on demand function from previous question, when price of good is $50, how many units of good are demanded.
What arguments can be made for charging a lower than the profit-maximizing price. What price from the available prices do you recommend.
Derive the long-run average cost and marginal cost equations, and plot them on a graph. At what level of output does average cost reach its low point?
Countries A and B have the same Cobb-Douglas production function with = 1/3, and identical rate of depreciation of 0.05 (5%).
Suppose the government in a very small country charges tax on some kind of food and has collected tax revenue based on that. Under the pressure of vigorous protest, it declares to return all the tax collected to the buyers and sellers of this food ba..
A work breakdown structure which presents activities, tasks, and sub-tasks as a hierarchically organized list is known as a(n): Project managers should prepare job descriptions for each required team member. A complete job description should include ..
Suppose Ralph hires workers at his supermarket at a wage rate of $12/hour. Ralph currently has 10 checkout stands (i.e., capital), each with a rental rate of $10/hour. The production of customers served (i.e., output) is determined by the hourly prod..
Suppose Jake would like to invest $3,000 of his savings. Suppose RoboTroid, a robotics firm, is selling stocks to raise money for a new lab—a practice known as 1) __________ (DEBT or EQUITY) finance. RoboTroid earns revenue when Jake purchases 100 sh..
The demand for tickets to the Daytona 500 Nascar event is given by the equation Qd?=350,000- 800p. The supply of tickets to the event is given by the capacity of the Daytona track, which is 150,000. What is the equilibrium price of tickets to the eve..
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