Chapter 10 (Tentative Due Date: by November 1) Question 2: Discuss the major barriers to entry into an industry. Explain how each barrier can foster either monopoly or oligopoly. Which barriers‚ if any‚ do you feel give rise to monopoly that is socially justifiable? LO1 The major barriers to entry in an industry are economies of scale‚ legal barriers such as patents & licenses and other strategic or pricing barriers. Economies of scale occur only in large firms who are able to reach a minimum
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1. Most research suggests we are not very good at detecting lying‚ and we think we’re much better than we are. Do you believe FACS would improve your ability to detect lying in others? When we look at every day at people in businesses or school or public institutions we tend to judge them unknowingly and form a pattern to detect of action that will happen with their behavior. We continuously try and evaluate people to see if they are saying the truth or trying to lie and bluff to us. Some professions
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The main issues encountered in the case to be discussed deal with ethics‚ discrimination‚ promotion and cultural values. In this case‚ an Indian company‚ Hindustan Lever LTD‚ launched a promotion campaign that relates fairness with success in a country where the color of your skin has a social meaning. By doing so‚ the company was explicitly saying that dark skinned people couldn’t be successful neither in their professional nor in their private lives. Even if this conception is or was part of the
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court hierarchy means that there are courts that are superior to other courts. One reason for this is if you are unhappy with a decision from a particular court you can appeal your case to a higher court. Another reason for the existence of the court hierarchy is the doctrine of precedent. This allows courts higher in the hierarchy to create a precedent that all lower courts must follow‚ making sure all cases are heard in a similar manner. Another reason for the existence of the court hierarchy is specialisation
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better than they’re fellow man. Every major conflict in history can be attributed to the actions of one person‚ whether it be Alexander the Great during Greek times‚ or more recently the rise of Adolf Hitler during World War II. When examining the hierarchy of society‚ it thus has become natural to assume that the position on the top of the pyramid is the most sought after‚ simply because it puts yourself in a position of power above other people. However‚ in order to
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Chapter 11 Mini Case‚ Q1-4 ONLY‚ pgs. 353-354 1. Compute the yield to maturity and the after-tax cost of debt for the two bond issues. Bond 1 | | Maturity | 12 | Coupone | 3‚5% | Par | 1000 | Flotation | 0 | PV | 1031 | Before tax | 3‚19% | After tax cost of Bond | 2‚10% | Bond 2 | | Maturity | 32 | Coupone | 4‚0% | Par | 1000 | Flotation | 0 | PV | 1035 | Before tax | 3‚8% | After tax cost of Bond | 2‚5% | 2. Compute BioCom’s cost of preferred stock
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Case xx - Boston Lyric Opera Depended on digh donations from board members Opera is very expensive to produce Founded in 1976 Mission statement BLO BLO has 46 doard of directors and 51 board of overseers 1998 expanded moved theatre. From 890 -> 1500 seats BLO is the fastest growning firm BLO challenges: More subcribers to doners Attact more funding Contemplate a 2200 seat facility Participants of the BSC process Janice (general director‚ driving force) Sue (introduced the BSC to
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the highway and they’re not very accommodating at all while the other women are willing to compromise what they believe is best. With people on the team that won’t budge from their opinion‚ the team is not going to be very effective at all. 2. In monitoring this team‚ what are the most serious issues and problems? Are these problems internal and task related‚ internal and group maintenance related or externally related? Why do you say this? I think that the most serious
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CASE 1-2 : McDonald’s expands globally while adjusting its local recipe Discussion Questions : 1-18. The key elements in McDonald’s global marketing strategy are based on the concept of this quick-service restaurant which is delivering three things to customers: inexpensive foo‚ quick-service and clean and familiar environment. Memorable advertising and intensive promotion efforts are two important tools that made McDonald’s one of the world’s most valuable brands. For instance “I’m loving it”
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Discussion HW #2 Discussion Section #: 14748 Lecture Section #: 14738 Chapter 15 Case Incident 1: Creative Deviance: Bucking the Hierarchy? 1. I believe it is possible for an organization to deliberately create an “anti-hierarchy” to encourage employees to engage in more acts of creative deviance. All things being equal‚ the broad span of control leads to efficient organization while a narrow span of control results in hierarchical organization. However‚ span of control can be affected by
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