Process during the continuous improvement cycle

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Reference no: EM132277585

1. Why is it desirable to stabilize the process during the continuous improvement cycle?

2. Is there a rational reason for defining national security and homeland security separately? Isn't homeland security just a subset of national security.

3. Suppose an industry has ten firms with the following market shares by percentage: 35, 20, 10, 8, 7, 6, 5, 4, 3, 2.

a) Compute the four-firm concentration ratio.

b) Compute the industry Herfindahl index.

c) Calculate the effect of a merger between the second and third largest firms on the industry Herfindahl index. What has happened to the index? Interpret this.

d) Someone makes the statement “The HHI is a better measure of industrial concentration than the concentration ratio”. Briefly discuss.

Reference no: EM132277585

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