analyze on Hal’s case. STRENGTH It’s a good thing that HAL’S hardware has a website because it is one of the strength of a company because it is connected to the internet and when you mean internet it’s worldwide. And also‚ it states there that Hal is planning to include online shipping on his site which is really flexible since it can ease transactions. Buyers would no longer expend money to travel and on the contrary‚ buyer could easily access products to HHI. Another thing is‚ the more the
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Limited resourcesTime‚ money. * Inability to satisfy all of our wants * Faced with scarcity we must choose among available alternatives * Trade offs * Incentive: Reward that encourages and action or penalty that discourages * Microeconomics: Choices of: * Individuals * Businesses * The way these choices interact in markets and the influence of the government * Macroeconomics: * Study of the performance of the national economy and the global economy * E.g.
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HAL‚ Inc. is a major manufacturer of computers and computer components. In one of their plants they made printed circuit boards (PCB’s)‚ which were used by other plants in the company in a variety of computer products. The basic process runs 3 shifts per day and it can be briefly depicted by following flow diagram The targeted output for the plant is 3000 boards per day‚ five days a week‚ with plant running three shifts per day. But the plant has been failed to reach
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“Information Technology is changing the way companies operate.” Porter‚ et al. discussed the value of information and how its acquisition‚ processing‚ and transmission brought different dimensions of pricing and cost reduction for buyers and sellers around the world. Because information is valuable‚ diversity in strategies were employed to outperform one business from another. Incorporating IT is not just one way but the best stratagem‚ so far. IT integration offers wider possibilities
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I. MICROECONOMIC Micro-environment is preferred as ‘the operating system’ which includes the forces that has significant impacts on and can affect the organization’s ability to operate and serve its customer (Chaffey et al‚ 2009). This is influenced by the need of customers and how services are provided to them through the competitors‚ marketing intermediaries‚ and suppliers within the marketplace (Chaffey et al‚ 2009). 1. Customer Airasia provides to its customers the basic flight carrier
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Oluwatobi Onibatedo Eco 301 08/24.2013 WEEK 1 HOMEWORK Problem 1 1.a. Suppose the real GDP is currently $97 billion per year and natural real GDP is currently $100 billion. Measured as a percentage‚ what is the real GDP gap? Solutions Actual real GDP- Natural Real GDP =GDP gap over 100 = $97- $100= -3/100 = -3% GDP GAP is -3% The negative answer means the economy as a whole is in a recession. 1(b) Suppose natural real GDP is growing by $4 billion per year. By how much must
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croChapter 1: A tour of the world 1.1 THE EUROPEAN UNION When macroeconomists study an economy‚ they first look at three variables: * Output – the level of production of the economy as a whole – and its rate of growth. * The unemployment rate – the proportion of workers in the economy who are not employed and are looking for a job. * The inflation rate – the rate at which the average price of the goods in the economy is increasing over time. The economic performance of European
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|ECON E-1010 | |Microeconomic Theory Spring‚ 2013 | Course Web Site: http://isites.harvard.edu/course/ext-23285/2013/spring Professor: Bruce Watson econe1010@dce.harvard.edu Lectures: Mondays 7:40 – 9:40 Science Center A Teaching Assistants: Teo Nicolais (For
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HAL‚ Inc. is a major manufacturer of computers and computer components. In one of their plants they made printed circuit boards (PCB’s)‚ which were used by other plants in the company in a variety of computer products. The basic process runs 3 shifts per day and it can be briefly depicted by following flow diagram Optical Test-internal Pro-Coat Copper plate Drilling Optical Test- external End of line test Sizing Machining Lamination core Treater procMess Internal circuitize
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Fundamentals of Microeconomics In the world today product and services are both key to the survival of mankind. Depending on the demand from consumers‚ companies will see an increase or decrease of the items they produce or the service rendered. In the article of trends in US gasoline and ethanol use and petroleum production and imports these items will be looked at; as well as a discussion of the fundamentals of microeconomics. First‚ in order to understand what the fundamentals of microeconomics are
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