1. Compare and contrast the theories of the firm developed by Alchian & Demsetz and Hart. Property rights is the focus of Alchian and Demsetz’s Theory of the firm‚ it considers the possibility that‚ when output is commonly shared‚ individuals faces the incentive to shirk as it is often difficult to observe individual output‚ and the consequence of shirking is bared by all members of the team. Hence monitoring and supervision is required in team production. Given the cost of monitoring and supervision
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Edinburgh; New Street‚ Birmingham. Accessible comparison shopping and bargains are a universal draw but walk a little further and you uncover side-streets boasting welcoming charms of quirky independent stores. Yet‚ recently‚ both of my local‚ family-run grocers twisted the ‘OPEN’ sign‚ ‘CLOSED’ for the last time. They were outcompeted by a Co-Op. So‚ are these chain stores‚ like Primark‚ piercing too many pinpricks on our community and should we regulate their ability to
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Version: April 26‚ 2000 WHICH E-BUSINESS IS RIGHT FOR YOUR SUPPLY CHAIN? by Sunil Chopra and Jan A. Van Mieghem (Forthcoming in Supply Chain Management Review) The Internet is revolutionizing the way companies conduct business. Or is it? We argue that the value of the Internet for a firm is strongly dependent on the firm’s industry and on the strategy it pursues. A survey of firms with an online presence displays wide disparities in performance. While Dell has successfully used the Internet
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be looked into is contribution health care plans. Giving employees a certain amount to use for co-payments or medical costs or anything else that is medical related‚ instead of a specific package that has open-ended costs can save money too. The grocers could negotiate much more strictly with their health care insurance providers to save costs. And‚ most obviously bringing down the costs would include requiring employees to pay higher premiums‚ deductibles and co-payments. 2. The downside of
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The Arrival The arrival by Shaun Tan is inspirational. In the book‚ there is a sequence in images that leave readers with suspense on what these pictures may indicate. You could never go to the second chapter without reading the first chapter before because these pictures tell a story that unfolds slowly but unknown; with reasons behind them that the author and the pictures let alone know. There is a language of silence told in graphics that makes you wonder‚ what does the picture mean and is it
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store‚ but to him it was something he had to do in order to provide for his family even if it meant losing them. "What is the color of these people?" he asked. "Black‚" his wife said. "And what is the name of my children?" "Green." The grocer smiled. "There is your answer‚" he told his wife. "Green is the only color I am interested in." This furthermore shows that Green starts off as a selfish man. He chose to ignore the needs of his customers due to his lust for cash. Nelson Reed
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Nehru was her mother‚ who died in Switzerland of tuberculosis. She was totally against Indira’s proposed marriage with Feroze. Why? No one tells us that! Now‚ who is this Feroze? We are told by many that he was the son of the family grocer. The grocer supplied wines‚etc. to Anand Bhavan (previously known as Ishrat Manzil) What was the family grocer’s name? One frequently hears that Rajiv Gandhi’s grandfather was Pandit Nehru. But then we all know that everyone has two grandfathers
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Chapter 4 Distribution Strategy A. Where is your product sold? Walter Mart – has 23 community malls strategically placed in 7 cities in the Philippines. Walter Mart’s main customer proposition is convenience. Walter Mart has become the "third place"‚ wherein‚ in the daily grind of a customer’s life‚ Walter Mart has essentially become the "reliable link" between their home and their place of work. It is a place they are most likely to visit before they proceed to work‚ or after‚ just before they
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...............................................................................1 Rapid Expansion of Specialist Coffee Shops Bolster Performance ..............................................................................1 Small Independent Grocers Remains the Leading Distribution Channel ....................................................................2 Increased Product Innovation As the Economy Recovers ................................................................................
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OMG ACTIVE CEREAL TWO-YEAR MARKETING PLAN By Christine Shao Name and appropriateness of choice OMG is a pet phrase among teenagers and also I want to deliver a message to costumers that the cereal has amazing taste. Our target customers are teenagers‚ so the word ‘ACTIVE’ is used to describe how the teenagers should be. Summary of market position OMG Active Cereal is a new breakfast cereal which is based on rice bran. Rice bran has a high nutrition value and is rich in anti- oxidants and beta-glucan
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