You are a private teacher who conducts one-on-one home tuition in economics for senior college students....

You are a private teacher who conducts one-on-one home tuition in economics for senior college students. You are considering growing your business. In particular you are considering vertical and horizontal integration. Using the theory of the optimal boundary of the firm, discuss the make-orbuy decision as well as the scope for horizontal integration and diversification of your business. What stages of the vertical chain should you consider conducting inhouse? What other horizontal markets may you integrate into?

Expert Solution

Rahul Sunny answered 2 years ago

You are a private tution teacher who conducts one-on-one home tuition in economics for senior college...

You are a private tution teacher who conducts one-on-one home tuition in economics for senior college students. You are considering growing your business. In particular you are considering vertical and horizontal integration. Using the theory of the optimal boundary of the firm, discuss the make-or buy decision as well as the scope for horizontal integration and diversification of your business. What stages of the vertical chain should you consider conducting in house? What other horizontal markets may you integrate into?

You are a private tutor who conducts one-on-one home tuition in economics for senior college students....

You are a private tutor who conducts one-on-one home tuition in economics for senior college students. You are considering growing your business. In particular you are considering vertical and horizontal integration. Using the theory of the optimal boundary of the firm, discuss the make-or- buy decision as well as the scope for horizontal integration and diversification of your business. What stages of the vertical chain should you consider conducting inhouse? What other horizontal markets may you integrate into?

Past records show that at a given college, 20% of the students who began as economics...

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(10) The average tuition and room and board cost at a small private liberal arts college...

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A teacher is comparing the mean study time of his freshmen and senior students. he believes...

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