The achievements of full employment is a sufficient condition for the achievement of economic growth. Evaluate.
Word Limit: Maximum 250 words.
In: Economics
In: Economics
We want to be local and global, small and big, radically decentralized with central reporting and control. If we can solve those contradictions, we can create real organizational advantage'. - The former CEO of ABB
Questions:
1- Based on the international corporate strategy, how can a company
be local or global?
2- Does the corporate strategy (local or global) depend on the
sector, customers or industry?
3- How can companies solve the contradictions of being local and
global?
In: Economics
introduction to business
Why do some businesses intentionally have higher prices for the same product than other businesses?
In: Economics
Ericsson as a CRM System. Explain the following.
• What is their Social media integration?
• What Modules do they use?
• Is there any Integration with existing / Legacy applications
• What is unique with their price and Why buy it?
• Who are their Clients?
In: Economics
How should a company change production quantity in order to maximize total proft. If the compnay changes it's Q by 2,5 units acording to your answer calculate profit.
In: Economics
If a project costs $70000 and is expected to return $16000 annually, how long does it take to recover the initial investment? What would be the discounted payback period at i=14%?
Assume that the cash flows occur continuously throughout the year.
The payback period is ? years. (Round to one decimal place.) The discounted payback period at i=14% would be ? years. What are the ?'s
In: Economics
Compare regulatory controls and economic incentives. Do we need both?
In: Economics
Suppose an economy under fixed (pegged) exchange rates is currently facing: (i) a balanced current account (NX = 0), (ii) a negative output gap (excess unemployment), and (iii) a balanced budget. (a) Using an NX/ (S-I) model depict the above situation in relation to the internal and external balance diagrammatically. (b) Now suppose as an advisor to the government your recommendation is to employ an expenditure-changing policy to attain the Internal Balance. Explain in details what this policy is made up and what the consequences of your recommendations will be. Show diagrammatically and explain fully. (c) In light of your answer to part (b) would you agree with this statement? “A trade deficit and low savings go hand in hand.” Evaluate fully. (d) Defend this proposition “attaining the two policy objectives of internal and external balance requires two polices”. Explain and illustrate diagrammatically.
In: Economics
1) Define money, explain the different types of money and discuss the measure of money.
2) Do you think we are better both using smart money (cash less) in today dire time?
In: Economics
1) Discuss the macroeconomic policies and connect them with one another?
2) how can all policies can be aligned to fine-tune the economy, let us say any dire time like ours?
In: Economics
A perfectly competitive firm has a production function ?(?1, ?2) = ?1?2. Input prices are given by ?1 = 2 and ?2 = 1.
a. Does this production function exhibit decreasing, constant, or increasing returns to scale?
b. In the short run, input factor 2 is fixed at x2=8 and the firm chooses the optimal input quantity x*1 to minimize the cost of producing output y=72. Derive x1*.
c. Calculate the costs cs associated with the above short-run solution.
d. In the long-run, the firm chooses the optimal input quantities x1* and x2* to minimize the cost of producing output y= 72. Write the Lagrangian function for this firm's long-run cost minimization problem.
e Derive the first order conditions for this firm's long-run cost minimization problem.
In: Economics
Label the following as true, false, or uncertain and explain your choice. (Uncertain means that it can be either true or false depending upon the circumstances.)
(a) All members of a resource cartel share a common objective, namely increase prices as much and as soon as possible.
(b) By holding prices lower than they would otherwise be, placing a price control on a depletable resource increases both the speed with which the resource is extracted over time and the cumulative amount ultimately extracted.
(c) A price control actually has no influence on the extraction path of a depletable resource until such time as the market price actually reaches the level of the price control.
(d) Forcing companies that drill offshore for oil to compensate victims of any oil spill from one of its facilities would be an efficient requirement.
In: Economics
How did the United States and the Soviet Union shape the cold war?
HISTORY!
In: Economics
In: Economics