1. (Resource Demand) How do firms and individuals determine if it ’s worth it to (a) invest in capital improvements‚ (b) hire additional workers‚ or (c) decide where to work? Briefly explain. Answer – Firms and individuals determine if it’s worth it to invest in capital improvements when the marginal product of capital is more than the interest paid on each unit of capital. Similarly‚ when the marginal product of labor is more than the wage rate of each unit of labor‚ until then the firms and individuals
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The personal computer industry in the mid 2000s‚ entered a phase of slow development which impacted the companies in the industry including Intel. Intel at that point in time understood that if they have to survive and grow further then the company needs to innovate and do things differently. So Intel invested on creating around $2 billion on marketing campaign applicable globally. The company wanted to re-position the company so it chose to change the familiar tagline “Intel inside” and hereby created
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Change Management- Shangri-La 2000 Introduction The paper reviews the changing event of organizational culture of Shangri-La Asia Limited (hereinafter referred to as “Shangri-La”) held in the 1990s. In spite of enjoying some appreciable profits and rapid development of the scale of the company in the early 1990s‚ their management concerned the urgency of change in organization culture in order to enhance customer loyalty through creating a common goal and a set of common values within the organization
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10 Minute Guide How to achieve an effective marketing mix Membership Services Moor Hall‚ Cookham Maidenhead Berkshire‚ SL6 9QH‚ UK Telephone: 01628 427500 www.cim.co.uk/marketingresources © The Chartered Institute of Marketing‚ 2009. All rights reserved. Permission to reproduce or extract material from this publication must be sought from The Chartered Institute of Marketing. CIM 14280 | DS | May 2009 10 Minute Guide Marketing Mix What it is The ‘Marketing Mix’ is
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Corporate Finance Home Wok Chapter 4 Q1: Simple Interest versus compound Interest First City Bank pays 9 percent simple interest on its savings account balances‚ whereas Second City Bank pays 9 percent interest compounded annually. If you made a $5‚000 deposit in each bank‚ how much more money would you earn from your Second City Bank account at the end of 10 years? A: First City Bank: 5000*(1+10*0.09)=9500 Second City Bank: 5000*(1+0.09)10=11837 11837-9500=2337 So we will earn more $2‚337 from
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Question 1 South American Adventures Unlimited SA Adventures Unlimited was formed four years ago by Michael and Jill Rodriguez. Michael was a trained geologist‚ while Jill had a master’s degree in Spanish. They were both avid outdoor enthusiasts and fell in love while trekking across the Andes in Chile. Upon graduation they seized upon the idea of starting their own specialized tour business that would focus on organizing and leading “high-end” adventure trips in South America. Their first
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"Death Race 2000" is a cult classic that was made by cult film maker Paul Bartel; some feel that this film is superior to the film "Rollerball"‚ which came out around the same time as this and features a dystopian setting. It stars David Carradine‚ Simone Griffeth‚ Sandy McCallum‚ and a pre "Rocky" Sylvester Stallone as "Machine-Gun" Joe Viterbo. The film is about racers who try to earn the most points by hitting people in their cars‚ with a different amount of points being awarded depending upon
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almost 50 years. From 1971 to 1990‚ the government strived to eradicate poverty by New Economy Policy (NEP) and outline perspective plan 1(OPP1). The NEP policy was replaced with another program known as National Development Program (NDP) from 1991 to 2000 which the NDP` target was development of a united and just society. From 2001 to 2010‚ National Vision Policy (NVP) based on its target which was sustainable development performed. In order to achieve long-term plan`s targets should medium term plans
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The China Trade Act of 2000 Summary The China Trade Act of 2000 was introduced in Congress to allow free trade with China as with other favored nations. Trade with communist countries was currently allowed only on a year-to-year basis under the Trade Act of 1974‚ unlike the permanent basis offered other countries. Many members of the business community‚ and then President Clinton wanted this stipulation lifted once China joined the World Trade Organization‚ which was forthcoming. This required an
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are Answer Selected Answer: vivid recall for earlier events associated with extreme emotions Correct Answer: all of the above Question 3 2.5 out of 2.5 points B. F. Skinner is associated with positive reinforcement‚ shaping‚ and cumulative records. Answer Selected Answer: True Correct Answer: True Question 4 2.5 out of 2.5 points Organic amnesia is when memory fades with the passage of time. Answer Selected Answer: False Correct Answer: False
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