PROBLEM SET # 1 Instructions: 1) Open book‚ open notes limited to only class materials. 2) Unlimited time. 3) This must be reflective of your individual effort. GMU Honor Code applies. 4) The Problem Set #1 (only the question solutions portion) is due at the end of the day on September 24th. 5) Show all work‚ as partial credit will be given for each question’s answer. Organize your work so it is easy to follow. You can use word‚ power point‚ excel or combinations
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Problem Set 1 1. (Star Wars) Real GDP = 461.0(214.5/60.6) = 1‚631.76 (E.T.) Real GDP = 399.9(214.5/96.5) = 888.90 (Titanic) Real GDP = 600.8(214.5/160.5) = 802.94 (Shrek 2) Real GDP = 437.2(214.5/188.9) = 496.45 (Avatar) Real GDP = 760.5(214.5/214.5) = 760.5 Real GDP in Order of Largest to Smallest Movies Nominal Box Office Receipts (millions) CPI in Year Released Real Box Office Receipts (millions) Star Wars (1977) 461.0 60.6 1‚631.76 E.T. The Extra-Terrestrial (1982) 399.9 96.5 888.90 Titanic
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a high-end business. The company is an upmarket player. Main distribution channels: • grocery chains and retailers; • the best restaurants on its region; • wholesalers; • its own fish market. They are facing a big inventory problem. Reasons • new technologies; • new lows; • growing demand. Proposed solutions • slash prices launching a new mass-market brand; • slight discounts; • sell old ships and launch new product; • new markets. Issues
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Crissa Root MAN105 September 27‚ 2012 Assignment – Week 1 Describe the elements of the exchange process as they occur between Netflix and its customers. This question took me a bit to answer until I thought about the one word‚ “exchange.” Exchange means to give up something in order to get something that is wanted. In the case of Netflix and its customers that means that the customers pay a fee (amount varied by plans) in order to receive DVDs by mail. The customers also do another round
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Problem Set 1 Complete all questions listed below. Clearly label your answers. 1. The receipts and year of release of the five movies with the largest nominal box office revenues‚ along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release‚ convert the receipts for each to real dollars for the year 2010 (2010 CPI 230.1). Put the movies in order from largest to smallest real box office receipts and show
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Dell is also one of the in the market setting the tone for horizontal structure communication. It has adopted Hofstede’s low power distance dimension. In the Retention‚ Acquisition‚ and Development account‚ communication involves much horizontal communication with lean hierarchy. The organization has been able to run much like an entrepreneur startup even though it has reached gargantuan size. The lean hierarchy is one of Dell’s key success factors because it creates more efficiency in the workplace
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Problem Set 1 Ben Polak‚ Econ 159a/MGT522a. Four Questions due September 19‚ 2007. 1. Strictly and Weakly Dominated Strategies? What is the de nition of a strictly dominated strategy? What is the de nition of a weakly dominated strategy? Give an example of a two-player game matrix where one player has three strategies‚ one of which is strictly dominated; and the other player has three strategies‚ one of which is weakly (but not strictly) dominated. Indicate the dominated strategies. 2. Iterative
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market studies what customers want ‚ and then produces computers for stock‚ while Dell lets customers decide what components they want in their computer. Customers ordering via the telephone or ‚ increasingly ‚ via the Internet. In doing so‚ avoid Dell intermediaries becomes more cost carriers. Where competitors more trying to focus on creating services around the product ‚ thereby creating value for the customer ‚ trust Dell more on the customer already has the implementation knowledge required to do
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Our Dell Global Fulfillment and Logistics (GF&L) organization aims to develop and sustain a global transportation and logistics network that uses the most efficient and effective means for us and our transportation providers to distribute our products to our customers. Our job is to get the right product‚ to the right place‚ at the right time. Furthermore‚ our Dell Logistics teams must do this at the right cost. We continue to optimize transportation costs while improving quality and striving to
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Procedures Dell has in Place to Ensure Ethical Behavior Dell Corporation has fostered a culture of integrity where employees thrive as they are proud to work in environment that adheres to the company values both legally and ethically and the laws of the countries where Dell conduct business. The company has established a Global Ethics and Compliance Office along with the “human resources department” and other internal partner organizations to achieve such an ethical environment. The first
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