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Q. 1. Describe Michael Porter's Five-Force model, and indicate why many observers regard his paradigm of industry analysis as the most influential model of its kind. Illustrate the relationship among industry analysis as well as corporate strategy?
2. Illustrate the relationship among five-force modeling of an industry also the competitive positioning of a company within an industry. Why is it essential to precede the competitive positioning of a company with the five-force modeling of that industry?
3. Hal Varian in "Information Rules" discusses the emerging importance of 'rights management'. What is 'rights management' and why is this issue of strategic importance to the American economy in the years ahead?
4. What is price versioning? Why has the sophisticated development of price versioning facilitated the customization of services in today's economy?
5. Why does Michael Porter admonish companies will not change his competitive positioning any more regularly than once every four or five years? Why do some firms protest when given this strategic advice in today's economy?
Determine the cost to the government of buying firms unsold units
Recent survey of high school students, it was found that the average amount of money spent on entertainment each week. Values are representative of all high school students.
If one draws MC curves pre and post innovation as well as the Marginal Revenue line for a monopoly and the MR in a competitive situation.
What steps can a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept.
Suppose she is offered a new job that would pay her $15,000 and would bring her earnings high enough so that she no longer qualified for any welfare benefits.
Does the law of diminishing marginal returns apply to this firm's production process. If so, explain why and find the quantity of labor at which diminishing marginal returns.
Use indifference curves to distinguish between income and substitution effects, using the above techniques explain why the demand curve slope downwards, What are the main criteria for designing a tax system, To what extent do you think the national..
Compare the effects of these two policies in terms of their implications for the current account.
Calculate gross national product and net national product
James earned $10,000 in income in his new job in Nova Scotia after the move and his employer paid him $1,000 specifically to cover the cost of the move, but doesn't specify what it can be used for.
The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.
There are two identical firms in this economy with constant marginal costs equal to 1 and no fixed costs. Assume that firms set prices and follow a Bertrand model to do so.
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