Questions
Management Decision Cultural Backlash in India As you look at the latest quarterly earnings report of...

Management Decision
Cultural Backlash in India
As you look at the latest quarterly earnings report of your clothing and accessories company, you congratulate yourself. It was your idea to move manufacturing to India last year, and it was your idea to partner with a local retail chain to get your products to Indian consumers. So even though your U.S. sales fell 5 percent, much in part due to the recession, your company’s profits actually rose 35 percent, thanks to all the money you made in India. Almost every day, you walk through the city, and you see young, affluent Indians wearing your jeans, clutching your purses, donning your sunglasses, and you are unbelievably glad that you decided to come into this dynamic, fast-growing market that really likes Western fashion.
There are many people, however, who aren’t so fond of your styles, and of Western culture in general. Various religious and political conservative groups have recently been protesting the growing influence of Western culture in India, sometimes in quite violent ways. Recently, on Valentine’s Day, a group of men publicly beat young couples who were holding hands or having a romantic dinner. In another city, a group of people attacked women who were at bars and dance clubs. And just the other day, you saw a crowd of people throwing your jeans, purses, and sunglasses into a big bonfire as a statement against Western fashion. Even businesses are getting into the anti-American sentiment; a local beverage company announced that it would take on the popularity of Coke and Pepsi by selling a beverage based on cow urine, which is considered a holy, medicinal drink by Hindus.
When you came up with the idea of expanding into India, you certainly didn’t think that you would find yourself in the middle of a cultural clash. “I’m just here to sell jeans,” you think, “not to tell people how to live.” But clearly, many people view companies like yours as a threat to their culture and heritage.
Questions
1. How would you, as the manager of this company, deal with the risk associated with doing business in countries that feel threatened by American culture?
2. How might your company use an alliance with local companies to adapt to local concerns about American culture?

In: Economics

"Free Trade Can Lift Labor Standards Abroad" By Layna Mosley and"Everything We Knew About Sweatshops Was...

"Free Trade Can Lift Labor Standards Abroad" By Layna Mosley and"Everything We Knew About Sweatshops Was Wrong." By Christopher Blattman and Stefan can you please share what you thInk of these article? Also can you tell me which article is more convincing?

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Use the bond D and S curves graphs to explain the effect on interest rates of events such as a rise in expected inflation, a fall in expected inflation, a larger budget deficit.

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Use the principles of supply and demand to address a predetermined goal. Be clear on what the current market indicates and why and what your future goal is.

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Explain the significance of the communist threat to American security and its impact on society. How did this threat impact American women?

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Agreements like NAFTA and EU present both opportunities as well as challenges. Discuss some of these. In your opinion, are such agreements overall positive or negative? Explain your answer.

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a. Define the terms “Marginal Revenue” and “Marginal Cost”.      b. Illustrate and explain in detailhow a...

  1. a. Define the terms “Marginal Revenue” and “Marginal Cost”.

     b. Illustrate and explain in detailhow a perfectly competitive firm uses MR and

         MC to identify its profit-maximizing output.

     c. Once a firm has identified its profit-maximizing output, will the firm necessarily

         be earning economic profit at that output? Explain in detail.

     d. Explain how a firm uses Average Revenue and Average Total Cost to determine

         the level of profit that it earns.

     e. Is it possible for a firm to incur economic losses while producing its profit-

        maximizing output? Explain.

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Prove that for any t > 0  xi(tp,tw) = xi(p.w), i.e. that if all prices are multiplied...

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How would have the Great Depression Devotion encouraged Americans struggling through the Great Depression?

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State two reasons why reviewing past case decisions is important for learning business law. Please respond...

  1. State two reasons why reviewing past case decisions is important for learning business law.

Please respond in a full paragraph and justify your answers with reasoning.

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price quantity TR MR TFC TVC TC MC ATC AVC Profit $2.50 0 $2.25 100 $2.00...

price quantity TR MR TFC TVC TC MC ATC AVC Profit
$2.50 0
$2.25 100
$2.00 200
$1.75 300
$1.50 400
$1.25 500
$1.00 600
$.75 700
$.50 800

Paula's Pralines produces pralines in a highly, but not perfectly, competitive market. Paula rents her commercial kitchen for $150/day. Each 100 pralines costs Paula $65 for ingredients and one hour of labor. Paula pays her workers $10/hour. Demand for Paula's Pralines is given in the demand schedule below.

  1. Fill in a table like the one below showing Paula's costs and revenues for one day. Included the values given for price and quantity, as well as total revenue (TR), marginal revenue (MR), total fixed cost (TFC), total variable costs (TVC), total cost (TC), marginal cost (MR), average total cost (ATC), and average variable cost (AVC), and profit.
  2. Graph Paula's demand, MR, MC, ATC, and AVC curves. Indicate on your graph Paula's profit-maximizing price and quantity.
  3. Write an analysis of Paula's firm, including the answers to the following questions, remembering to craft your response as a paper rather than as the answers to a series of short answer questions.
    • Identify Paula's fixed and variable expenses.
    • Explain what happens to ATC and AC as output increases and why this happens.
    • Explain what happens to MR as output increases and why this happens.
    • Explain how you determined the profit-maximizing price and quantity.
    • Illustrate why this is profit-maximizing by explaining what would happen if Paula tries to raise or lower her price while still producing the same quantity.
    • What is most likely to happen in the handmade candy market in this town?
  4. Paula's town is growing rapidly and a shortage of spaces to rent develops, so Paula's landlord, like most in town, doubles her rent.
    • Complete a new table of costs with the rent now $300/day. (Hint: Copy and paste your table from #3, then change only the numbers which will be different now.)
    • At what price and quantity should Paula operate now? What are the long-run implications for Paula's business?
  5. Because of the increase in rents, the city decides to implement a minimum wage of $15/hour.
    • Complete a new table of costs with the cost of labor now $15/hour.
    • At what price and quantity should Paula operate now? What are the long-run implications for Paula's business?
    • What will probably be happening in the industry now?

-I need help finishing the graph above

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Please, list some key characteristics of public and private real estate.

Please, list some key characteristics of public and private real estate.

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Given the success in El Salvador, do you think the other countries in CAFTA-DR should adopt...

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1) Alexandra Kollontai --a hypothetical person with extraordinary sensibilities--views one graphic novel to be a perfect...

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2) Suppose that you are asked to conduct a study to understand the behavior of students in college who are performing to some minimum acceptable standard. In this context, is util- ity maximizing behavior a good assumption? What would this assumption imply in the context of school performance? Can you think of another/good assumption that you can use to understand school performance behavior? Explain --If you cannot think of another assumption to be used to conduct such a study, explain why you cannot do so.

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