in the global economy? Does such outsourcing harm or benefit the American economy? Answer 1a: *GE was able to reduce the labor portion of costs by outsourcing to Wipro. *This increased their ability to be competitive in the global marketplace. *GE’s work with Wipro gave GE access to local knowledge to penetrate the Indian market *GE’s work with Wipro gave GE a launching pad to other Asian markets Answer 1b: *Short-term‚ such outsourcing did hurt American workers whose jobs were outsourced
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MBA 540 – Managerial Economics May 18‚ 2014 Table of Contents Determinants of Demand 3 Inelastic Demand 3 Misperception Theory 3 Recommendations 3 References 4 Determinants of Demand Elasticity There are a few determinants of the elasticity of demand‚ one being the availability for substitutes. From the case‚ the data that was provided for previous studies of student’s application to colleges‚ projects an upward sloping demand curve. Students have many choices when choosing
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Microeconomic First Homework Chapter 1 4. You win $100 in a basketball pool. You have a choice between spending the money now or putting it away for a year in a bank account that pays 5 percent interest. What is the opportunity cost of spending the 100$ now? Answer: By spending the money right away the opportunity cost is 5 percent of 100 dollars that is 5 dollars plus the 100$ itself. So the total opportunity cost is $105‚- 5. The company that you manage has invested $5 million in developing
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Case 4: High Acres Landfill To have an effective design‚ the organization or the company must generate an excellent idea that have undergone a feasibility study to ensure the functionality of the product or service. If the company is able to match what attributes consumers are looking for‚ and that the said attributes surely give satisfaction and delightful feeling to the consumers‚ then we can say that the product or service being offered by the organization or the company holds a distinctive competency
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doing this for ten years. ANSWER: Complete John’s statement. 2. "If I had been flexible with my travel dates Read John’s statement in QUESTION NUMBER 2 and choose TRUE or FALSE. 3. John expressed regret. Complete Marcia’s statement. 4. see which place is off for the best deals." Complete Marcia’s statement. 5. "If I were you‚ Choose YES or NO. 6. John chose his destination based on cost. ANSWER: Choose the correct answer. 7. Why did Marcia advised John
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Answers to the Case of A Day in the Life of Brent Dorsey Question 2: The consequences for Brent‚ the auditing firm‚ and others involved that may arise from “eating time‚” as suggested by Scott. “Eating time” can lead to inaccurate budgeting for future audits. Managers in preparing the budget for an audit‚ often use prior years’ audits as a guide. Managers will see that the job was completed in a shorter time in previous years and this will prompt them to prepare next year’s budget based
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not appreciate theatre as an art form D) someone who observes theatre and then analyzes and comments on it Points Earned: 2.0/2.0 Correct Answer(s): D 2. Which of the following is NOT an appropriate space for an off-off Broadway production? A) church B) warehouse C) basement D) none of the above Points Earned: 2.0/2.0 Correct Answer(s): D 3. In the Stanislavski system‚ what is referred to as the way in which a performer can transform her thoughts and imagine herself in
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Running Head: Case Study #4 Case Study #4 Initial Thread Jean S. Hamby BUSI 561 Liberty University Introduction Betty Wilson has decided to open a coffee shop and is considering various options including franchising‚ sole proprietorship‚ joint venture‚ corporation and partnership. In addition to determining the best legal entity to form‚ Betty has to decide if she will employ or partner with various friends and family members. Finally‚ she plans to name the coffee shop The Gathering
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Sample answer 1） Malaysia is a multi-cultural country. Malays‚ chinese‚ Indians and many other ethnic groups have lived together in Malaysia for generations. All these cultures have influenced each other‚ creating a truly Malaysian culture. The largest ethnic groups in Malaysia are the Malays‚ chinese and Indians. Due to the exists of the different ethnic groups in Malaysia‚ a good communication between different races is very important in Malaysia. Therefore‚ the evolution of communication technology
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Brian Foersch 03/26/15 4.4 - Answer Aristotle Book 1 and 2 Study Questions Hannah Hornung 1. List and briefly describe Aristotle’s three species of rhetoric. (34 points) Deliberative takes place in the assembly. The speaker either advises the audience to do something or warns against something. The audience needs to judge things that are going to happen if they will be good or bad. Judicial is a speech that takes place in front of a court. The speaker either accuses or defends himself or another
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