Explain the differences between corporations' and bureaus' behavior and objectives.
How does the agency problem often interfere with the ability of the shareholders to achieve their goals? Are the managers simply "getting in the way" of achieving shareholder goals?
Dell usually reacts more quickly and more substantially to pricing, product design, and advertising decisions made by Hewlett-Packard and Gateway
Dell Computer Corp, the world's largest personal-computer maker, is keenly aware of everything its rival PC manufacturers decide to do. Explain why Dell usually reacts more quickly and more substantially to pricing, product design, and advertising decisions made by Hewlett-Packard and Gateway than when these same types of decisi
Respond to the following: a. A colleague says to you: "The perfectly competitive model is not very useful for managers because very few markets in the U.S. economy are perfectly competitive." i. Do you agree with this statement? Explain. ii. Regardless of whether you agree or not, what lessons can managers learn by stud
The Manager of your company's pension fund is compensated based entirely on fund performance; he earned over $1.2 million last year. As a result, the fund is contemplating a proposal to cap the compensation of fund managers at $100,000. Provide an argument against the proposal.
Explain with one example how the profit motive helps firms to make efficient managerial decisions. Identify the managerial problem, the rule to maximize profit, and apply that rule to the concrete situation.
MNCs have business units in different geographic areas. This leads to interaction between different languages and cultures. People from different cultures not only speak different languages, but also interpret information in different ways. At your workplace, how will you ensure effective cross-cultural management? What guideli
At a management luncheon, two managers were overheard arguing about the following statement: "A manager should never hire another worker if the new person causes diminishing returns." Is this statement correct? If so, why? If not, explain why not.
Ann McCutcheon is hired as a consultant to a firm producing ball bearings. This firm sells in two distinct markets, each of which is completely sealed off from the other. The demand curve for the firm's output in the first market is P1 =160 - 8Q1, where P1 is the price of the product and Q1 is the amount sold in the first market
Coca-Cola and PepsiCo are the leading competitors in the market for cola products. In 1960 Coca-Cola introduced Sprite, which today is the worldwide leader in the lemon-lime soft drink market and ranks fourth among all soft drinks worldwide. Prior to 1999, PepsiCo did not have a product that competed directly against Sprite and
Price comparison services on the Internet (as well as "shop bots") are a popular way for retailers to advertise their products and a convenient way for consumers to simultaneously obtain price quotes from several firms setting I identical product. Suppose that you are the manager of Digital Camera, Inc., firm that specializes in
A. Explain why the change from a system of fixed wages to one of base wage plus commission can lead to an increase in sales revenue. B. Explain how the introduction of comparative evaluation can reduce the firm's cost of compensating its sales force. Which alternative would you favor? Why?
American Linen is a firm that has multiple salespersons. In 2008, it changed the compensation method for its sales force, moving from a system of fixed wages to one of base wage plus commission. As a result, American Linen's total revenue from sales increased by almost 30%, and the average compensation received by a salesperson
Given most common goods, will a new specific tax on the purchase and use of the good increase or decrease its equilibrium quantity? Will consumers benefit or lose? Will producers of the product benefit or lose?
Business Week, in an article dealing with management, wrote, "When he took over the furniture factory three years ago...[the manager] realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap. Within a few weeks, he set up a task force of managers to deal with the problem. And within a fe
3.At a management luncheon, two managers were overheard arguing about the following statement, "A manager should never hire another worker if the new person causes diminishing returns." Is this statement correct? If so why? If not, explain why not?
What market structure does the firm you work for, or a firm in which you are familiar operate in? Why did you arrive at this decision, and how does this affect the approach these firms use to compete?
Suppose that, prior to other firms entering the market, the maker of a new smartphone (Way Cool, Inc.) earns $100 million per year. By reducing its price by 50 percent, Way Cool could discourage entry into â??itsâ? market, but doing so would cause its profits to sink to -$5 million. By pricing such that other firms would be
Financial ratio analysis is conducted by managers, equity investors, long term creditors, and short-term creditors. What is the primary emphasis of each of these groups in evaluating ratio?
I need help figuring out the steps I need to take to answer this problem: David Ding advertises on a local radio station. For the past six weeks, the manager has kept records of the number of minutes of advertising that were purchased, and the sales for that week. Week 1, 2 minutes of advertising with $1.400 in sales. Week 2,
Deliverable Length: 150-250 words As the manager of human resources (HR) in a medium-size company that is involved with several Affirmative Action initiatives, you have noticed that the racial makeup of your workforce has an increasing number of multiracial employees (or workers who are offspring of a biracial couple). You a
ABC Company is a holding company with three subsidiaries. The following data pertains to these subsidiaries: Subsidiary Business percentage Beta A 50 .8 B 30 1.1 C 20
Attached is the problem.
Can I have help to understand this? See attached file.
7) Use figure 2 below to answer to the following question: Indicate where the economy is located if aggregate output is above the level of planned spending and if aggregate output is above the equilibrium level of output.
Calculate the total hours per week (Qt) supplied to the market. Hours per Week Hourly Wage Q1 Q2 Q3 Qt $5 20 0 0 6 25 0 0 7 35 10 0 8
At many colleges and universities, business professors receive higher salaries than professors in others fields. Why might this be the case? Use the Internet and the readings to answer this question and provide examples.
Need help with following problem: A portfolio manager is being evaluated based on the time-weighted average rate of return. If the manager had achieved annual returns for the past three years of 2.5%, 14.5% and 9% on one initial investment of $500,000, what is the time weighted rate of return on the portfolio. (Round to nea
You own a franchise of rental car agencies in Florida. You recently read a report indicating that 80% of all tourists visit Florida during the winter months in any given year, and that 60% of all tourists traveling to Florida by air rent autos. Travelers not planning ahead often have trouble getting a rental due to high demand
The American Baker's Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a reprot that diets rich in bran help prevent certain types of cancer. You are the manager of a bakery that produces and pa
Can someone please explain to me "what are the goals of the financial manager of a nonprofit organization?"