(1+0.07)3 PV = - $ 1,629,788 This means that Ralph should have expected Amcott to lose over $1.6 million by purchasing Magicword. Ralph was not fired because of the mistakes of the company’s legal department but for his managerial incompetences. Q2) What is the maximum amount you would pay for an asset that generates an income of $150,000 at the end of each of five years if the opportunity cost of using funds is 9 percent? Solution: PV = 150,000
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BACKGROUND TO THE STUDY The environment in which the fashion industry operates the world over has become turbulent, unpredictable and therefore, difficult to exert managerial control. Cultures around the world are constantly influencing each other; hence, the world’s cultures are changing fashion constantly. Also, social, economic, political and legal factors keep changing than before. Competition in the fashion industry is so rife such that the survival of fashion organizations cannot be guaranteed
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Abstract This paper will discuss the effect of the transactional cost on mid-size firms and the effect of the Vertical integration in regards to the reduction of transactional cost and the issue of dissimilarity of transactions. Introduction Merriam-Webster defined the organization as a company, business, club, etc., that is formed for a particular purpose, The act or process of putting the different parts of something in a certain order so that they can be found or used easily, the act or process
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current events and historical events. Contract Theory * After explaining contract theory and how agencies arrange incentives, the research can focus on how this theory is a blend of workplace practice and economics. This paper will heavily rely on the fields of law and economics, and should explore situations such as moral hazards, adverse selection and signaling. Conclusions of this paper will focus on the larger implications for the field of accounting. Sponsored Links Read more: Suggested
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tutorials for each of the sections this week was a great eye opener. Especially considering, I did not know not a thing. Well, I take that back, I knew some things but not enough to pass the pre-quizzes. Let’s begin with Economics. I took engineering economy in college as well as economics for my business minor. I would like to get better knowledge in understanding how to determine when goods and services are needed and wanted. It would also help me to focus on money † how it is made, lost, used and
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organizational strategic development is to understand the firm’s resources and capabilities, as they relate to the external (business) environment, in order to identify opportunities to create and capture value (pp. 270-271). This post examines whether the economic concepts of creating and capturing value can be applied to a non-profit organization, existing since May 2008. Although more recent figures are not cited, ProRepublica (2013) reported in 2012, this organization’s financial statement included 15.8
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population if the amount of supply were not readily available. “Free market economy under centralized political control is the most effective way for these countries” (EconomyWatch, 2010). When one is questioning the beneficiaries of political and economic decisions, the first ones to benefit from this would be the family and friends of these
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Assignment 2 Operations Decision By: Tibebe Abettu Submitted To: Professor Lundondo Mumeka ECO 555 Managerial Economics Strayer University August, 2014 Despite outstanding technological advancements in the industry, the quality of manufactured food products has become a major concerns of the time when seen from the health and wellness perspective. In the 21st century higher income, urbanization, other demographic shifts, improved transportation, and consumer perceptions
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Managerial Economics Unit1 - 2 Mark Quiz Questions 1.Decision-making implies a. Giving judgement on a particular isuue b. Taking a final decision on a particular issue c. Selecting the best out of several alternative course of actions d. Selecting alternative solutions. 2.Forward Planning implies a. A plan to execute current programs b. A Plan prepared in advace for future c. A plan prepared in the background of certainties d. A Plan prepared for past and present 3.Managerial Economics deals with
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for reading the E-book and making a contribution to the charity as identified on my web portal. The E-book can be read independently or in conjunction with the Kaelo v2.0 software tool. Some of the arguments are filtered from McNutt (2005): Law, Economics and Antitrust and from books referenced in the E-book. There are indeed numerous references and secondary readings recommended in the E-book. These should be read as well. They will be fully referenced as we continue together to write this E-book
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