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1. Effectively changing strategies is often one of the most difficult tasks of management. Why do you think this is the case?
2. How does the articulation of strategic intent affect the strategic planning and management process? Could organizations be just as effective without clear statements of strategic intent?
3. What key environmental changes do you think will increasingly force managers to be proficient at conducting environmental analyses?
4. Are there industries that will be more immune to changes in the global environment d as a consequence will be influenced primarily by their domestic external environment? Name at least two and explain why.
5. What are the most difficult environmental analysis skills to develop? What are some possible means of ensuring that you have these valuable skills?
6. Debate the following statement: Computers and news media have made international environment analysis simpler.
7. Pick a country and go to the library or the Internet to find some information about its resources, government, political and legal systems, and physical infrastructure. What type of business would do well in that country? Why?
A negative externality created by a producer means that from the standpoint of the public's well being and for the producer and his/her industry in question Even a perfectly competitive market may produce too little of a good
A decrease in the real wealth of the average household will cause the consumption function to shift
Which of the following best explains why elasticity varies along a linear demand curve? Labor demand is more elastic when: Unions are likely to be less successful in negotiating higher wages in those labor markets in which:
video world operates a retail store that rents movie videos. for each of the last 10 years, Video World has consistently earned profits exceeding P250000 per month in rent for its building, but it uses only 50 percent
you have just left the office of your patent lawyer. they told you that no one will fund the next stage of development
A firm deciding how many workers it should hire to manufacture kitchen countertops using existing equipment is making a:
As reports hit the media that McDonald's was purchasing beef from cattle raised on cleared rainforest lands in South America, American customers were outraged
A machine costing $2,082 to buy and $300 per year to operate will save labour expenses of $650 per year for eight years. If the interest rate is 10 percent, what is the minimum salvage value (after eight years) at which the machine is worth purchasin..
A corporate expects to receive $34,688 each year for 15 years if a particular project is undertaken. There will be an initial investment of $122,261. The expenses associated with the project are expected to be $7,426 per year.
A case study in the chapter describes a phone conversation between the presidents of American Airlines and Braniff Airways. Let's analyze the game between the two companies.
Presume the utility function for a firm manager is U = Î + bQ, where Q is output, Î is profit, and b is a positive constant. How would the firm's output compare with what it would be if the manager's objective was to maximize profit?
you get your first w-2 tax form to file. your boss has been at the company for over 20 years and also has to file a tax
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