EC 1101 Study Questions Fall 2012 Chapter 5 Market failures‚ public goods and externalities 1. Explain the functions of government in an economy. Why do governments intervene in markets? 2. (a) Using the concept of allocative efficiency‚ explain the meaning of “market failure” and “externality”. Why is this is a type of market failure? (b) Explain the difference between the market equilibrium output and the efficient level of output when there are (i) negative externalities and (ii) positive
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Discussion Questions for Starbucks Case The discussion questions below will be the focus of the in-class case discussion. Try to answer them with as much detail as you can. Write down your answers and bring them to the class for discussion. Starbucks operates in the retail coffee market. In the home‚ it has 4% share specialty coffee. In the food service channel‚ it has 5% share. In the grocery stores‚ it has 7.3% in the ground coffee and 21.7% in the whole beans category. 1. What is Starbucks’
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Anthony Jones 07/18/13 Mr. Bastin BU1410 Unit (3) Case study/MIS in Action 1. What business and social problems does data center power consumption cause? a. Elecricty consumption doubled‚ more servers‚ more emission of carbon footprints. Very high cost for cooling data centers. Some materials used are environmentally. 2. What solution are available for these problems?‚ Which are environment-friendly? a. limitations on how much power and condensed water a tenant can consume
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Citibank Case Questions: 1) Should Citibank launch the card product? Why or why not? 2) Given its upscale customer base‚ how should Citibank position its card‚ if it decides to launch it? 3) Which countries should Citibank enter first? Which countries should it avoid? 4) If you choose not to introduce the card‚ what would you do to achieve the $100 million earnings target by 1990? What kind of branch banking products should the bank offer? L’OReal Case Questions: 1) What is Beauty Product
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Assignment No.1 COMM 401 Question 1: What’s Loblaw competitive position/business-level strategy? Loblaw was the market leader in Canadian grocery with 32% of market share. In the global market‚ Loblaw was the 24th largest grocery retailer in 2001. Its strategy had following elements: * Use cash flow generated in the business to invest consistently. * Purchase real estate to maximize flexibility. * Use a multi-format approach to maximize market share. * Focus on the food but serve
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Case: Shouldice Questions for Discussion 1. What is the bundle of benefits purchased by the consumer? In other words‚ what is the Shouldice value proposition? In what ways is Shouldice’s offering different from other hospitals? 2. What is the target group of customers‚ and what do they have in common apart from a hernia? 3. How are the benefits delivered to those customers—how does the production process work? You might like to think of this as a factory with people as the work in process
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The Picture of Dorian Gray Describe the personality of a particular character. Include example. Basil Hallward is an artist and a friend of Lord Henry. On his search for pure beauty to put into his paintings he met Dorian Gray. He befriends him‚ and starts to paint him in all sorts of environments. After a while he decides to paint Dorian as he is. Basil becomes obsessed with Dorian Gray after meeting him at the party. He claims that Dorian possesses a beauty so rare that it has helped him realize
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CASE STUDY - TRAUMA 1. What is the difference between a primary and secondary survey? (4 points) - Primary Survey = This is pre-hospital resuscitation done to quickly identify and begin treating life threatening injuries in the field. This uses an ABCDE approach - Secondary Survey = This is hospital resuscitation‚ a more in depth system by system process after arrival to the hospital. It includes a complete head to toe assessment which helps identify other injuries
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view of Dorian Gray‚ the novel is heavy with moral and spiritual corruption” In this essay I am going to be disguising how the novel “The picture of Dorian Gray” is engulfed with moral and spiritual corruption. For someone to be morally corrupted it means they don’t care about what is good and bad and only focus on themselves and what will make them happy‚ it sometimes could involve hurting and killing people along the way. In this case it could be used to illustrate how Dorian Gray gave his soul
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Case #2 Wal-Mart Questions 1. Wal-Mart has a tradition of leaving many decisions up to store managers. In this type of organization‚ how can HRM professionals help managers make effective selection decisions? 2. Suppose you have been asked to improve selection procedures at Wal-Mart to avoid discrimination charges in the future. What methods from this chapter would improve the current system? Keeping in mind that store managers might not be eager to give up their decision-making authority
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