MGT371 - Research Project

https://www.youtube.com/watch?v=6EDCnhbUpgE   Modern logistics! It would be hard to imagine our daily digital lives without them. As consumers, we can shop online every day and any hour of the day. We expect everything to arrive on time – whether clothing, printer spare parts or a set of screws. Online shopping is booming: in 2018, courier, express and parcel services, the so-called CEP sector, delivered around 3.5 billion shipments in Germany alone. And this is an upward trend. But how does all this work so smoothly, safely and on time? After all, we live in turbulent times: digitalization, climate crisis, growing world population and political and economic instability. How does the logistics industry rise to such challenges? For answers to these questions we need to dive deep into the world of modern logistics. Our film takes us into huge, fully connected warehouses, watching as fleets of cargo planes are prepared for take-off at night and accompanying couriers on delivery bikes on…

An account of the difficulties of Japanese mobile phone manufacturers argues that thesefirms made a mistake by concentrating on selling in high-income countries while makinglittle effort to sell in low-income countries:The main growth in the wireless industry overall is in emerging markets, which needcheap phones. The world’s top three makers—Nokia, Samsung and Motorola—focus onthis segment. . . . Japanese firms are caught in a vicious circle: because they are notselling to poor countries, their volume stays low, which keeps prices high, which makesselling to poor countries infeasible.Why would the price of Japanese mobile phones be high because Japanese firms areproducing these phones in low volumes? Use a graph to illustrate your answer.

Which of the following statements about a monopsony market is not true? Di antara pernyataan berikut tentang pasaran monopsoni, yang manakah tidak benar? a. The monopsony firm restritcs its output and charges higher prices for its products. Firma monopsoni mengehadkan pengeluarannya dan mengenakan harga yang lebih tinggi untuk outputnya. b. As the sole (single) employer in the labor input market, the monopsony firm is able to hire fewer workers compared to the competitive market. Sebagai majikan tunggal dalam pasaran input buruh, firma monopsoni dapat mengupah pekerja yang lebih sedikit berbanding dengan pasaran kompetitif. O c. Welfare loss in the monopsony market can be measured by the difference in social surplus between the competitive and monopsony markets. Kehilangan kebajikan dalam pasaran monopsoni dapat diukur oleh perbezaan lebihan sosial di antara pasaran kompetitif dan monopsoni. d. A monopsony firm exploits its bargaining power by paying lower wages to its workers.

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Igrushka is a profit-maximizing firm producing wooden dolls-a capital-intensive good-which are sold in its home country, Russia, and abroad in France. Igrushka chose foreign production as a method of penetrating the French market and has to decide whether it is more efficient to directly invest in France to establish a production subsidiary or to license the technology to a French firm to produce its goods. On the following graph, AVCFrance is the average variable cost curve of a French firm producing wooden dolls. (This curve represents costs such as labor and materials.) The curve ATCSubsidiary represents the total unit costs Igrushka will face if it establishes a subsidiary in France. PER-UNIT COST (Dollars) 10 9 8 1 0 0 ATC 15 Subsidiary 30 45 60 75 90 105 120 PRODUCT (Thousands) AVC France 135 150 ? 4

Competition and big tech firmsBig tech firms in digital markets are at the forefront of the public policy debate because of the central role they play in today's economy and society. A small number of firms dominate their respective markets, from online retailing to operating systems and from social networking to online search. These concentrations of economic power, along with concerns about anti-competitive conduct, have focused a lot of attention on these digital giants. Several of these firms have recently been or are currently under investigation by antitrust authorities in the USA, China and the European Union.Choose one or two of these markets and describe the alleged problems facing competition. Is high concentration leading to high profits and harming consumers and social welfare or are these firms dominant because they are efficient and provide good value to consumers? What are the most appropriate policy responses?A good selection of academic articles was published in a…

*Draw two models to represent the operating position of:A price - taking firm in a competitive market in long-run equilibrium, Why might thisapply to an Australian fruit grower (e.g., grapes or other fruits as an example of aprimary food producery? 1. A firm with a considerable degree of market power. To what extent does this apply toan Australian food retailer (like Coles or Woolworths)? What is the source of theiarket power enjoyed by Coles and Woolworths?

ok In the table below are data on five different industries and the market shares for each of the firms in the industry. Assume that there is no foreign competition, entry into the industry is difficult, and that no firm in each industry is on the verge of bankruptcy. In the column to the right of the table, calculate the Herfindahl index. Tint erences esc Market Share of Firms in Industry Industry Alpha Beta Mc Graw Hill Q Short Answer Toolbar navigation Kappa Delta Epsilon BIVS -50--- Di 2 Which industry has the most market power and which industry has the least? P @ W # 3 E 4 Herfindahl index R 1 33 25 20 60 25 5 STAZA % 23 456 22 14 12 10 9 25 25 15 10 20 20 20 20 10 10 10 10 20 15 15 15 10 & Search Protecto Pray T 6 Y 1.5 7 2 Next > 8 1 O O * P |{ d

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Graphically illustrate and explain the impact of new entrants on the market for cement in South Africa.

Provide some examples of specialized markets or retail outlets. What makes the Web so conducive to specialization?

A new production technology for making vitamins is invented by a college professor who decides not to patent it. Thus, it is available for anybody to copy and use. The TC per bottle for production up to 100,000 bottles per day is given in the following table. Output 25,000 50,000 75,000 100,000 TC $85,000.00 105,000.00 110,000.00 115,000.00 ATC Instructions: In part a, round your answers to 2 decimal places. In parts cand d enter your answers as a whole number. a. What is ATC for each level of output listed in the table? Enter your answers in the table above. b. Suppose that for each 25,000-bottle-per-day Increase in production above 100,000 bottles per day, TC increases by $5,000 (so that, for instance, 125,000 bottles per day would generate total costs of $120,000 and 150,000 bottles per day would generate total costs of $125,000). Are there economies of scale at all levels of output? (Click to select) c. Suppose that the price of a bottle of vitamins is $2.03. At that price, the…

What are the differences between copyright and counterfeiting? Using examples, examine the reasons why marketing strategies fail in the international markets?

2 من 2 Short Case Study-Jeep The original Jeep was introduced during World War II when the US Army was looking for a fast, lightweight, all-terrain vehicle. We don't know for sure where the name came from but we do know that Jeep vehicles were quickly recognized by soldiers and civilians alike as the vehicle that could go anywhere and do anything. The original Willys were the predecessors of today's line-up of Jeep vehicles. Today's Jeep brand grew from a single product in 1946 (the CJ-2) to include the Wagoneer in the 1960's, which later evolved into the Cherokee in the 1980's. The CJs evolved into the Wrangler in 1987. After 60 years of production, Jeep introduced the Liberty in 2002. All of these vehicles had one thing in common: they were designed for off-road adventure. Thus, they are "trail rated." Reflected in pop-culture throughout several decades, the Jeep represents a unique American "personality." Its exposure had its early beginnings with Sgt. Beatle Bailey in the 1940s,…

What are some arguments on the cons of Patent and copyright protections should be less strictly enforced? Please provide at least 3 paragraphs with diffent arguments

What are the main factors that made Xiaomi a leading smartphone company in China and What do competitive reaction do you expect from Samsung and Apple globally?

Try to classify the following firms into one of the four market strucutre models. Explain your choice. a) Rowena's gourmet foods (produces and sells a line of speciality foods) b) Shasta Pools and Spas (swimming pool and spa building ) c) Merck (Pharmaceuticals) d) US Airways e) UDC Homes (builders) f) Legal Sea Foods (restaurant chain)

Based on the figure below, which one is true about the 'Gym Accessories' industry? Gym Accessories 500 450 400 Sales (Million) 350 300 250 200 150 100 50 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Year O In 2007, market growth and rivalry were both low. O In 2007, market growth was low and rivalry was high O In 2015, market growth was low and rivalry was high. O In 2015, market growth and rivalry were both high.

What is transfer pricing and why is it important?

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usiness EconomicsQ&A LibraryTwo firms A and B produce an identical product (Note: Industry Output = Q). The firms have to decide how much output qA and qB  (Note: qA = Firm A Output; qB =  Firm B Output) they must produce since they are the only two firms in the industry that manufacture this product. Their marginal cost (MC) is equal to their average cost (AC) and it is constant at MC = AC = X, for both firms.  Market demand is given as Q = Y – 2P (where P = price and Q = quantity).  Select any value for X between [21 – 69] and any value for Y between [501 – 999].  Using this information, calculate the Industry Price, Industry Output, Industry Profit, Consumer Surplus and Deadweight Loss under each of the following models:       (a) Cournot Model Two firms A and B produce an identical product (Note: Industry Output = Q). The firms have to decide how much output qA and qB  (Note: qA = Firm A Output; qB =  Firm B Output) they must produce since they are the only two firms in…

The table below provides the output level and the longrun total cost in US$ of Moselewapula Limited, Montsamaisabosigo Limited, and Majakathata Limited: Longrun Total Cost (in US$) Quantity of Moselewapula Montsamaisabosigo Majakathata Output Limited 1 60 Limited 11 Limited 21 2 70 24 34 3 80 39 49 4 90 56 66 сл 5 100 75 85 6 110 96 106 IN 120 119 129 (a) Calculate the average total cost for each firm at each level of output. [✓] (b) Draw the longrun average total cost curves for the three firms using excel. (c) Do the three firms exhibit economies of scale or diseconomies of scale? Justify your answer using data. | (d) Explain any factor that could lead to firms suffering from diseconomies of scale and any factor that could lead firms enjoying economies of scale.

Chapter 8

3. A company makes fidget spinners. They have written formulas for their revenue, R, and their costs, C,  based on the number of spinners they make and sell, S: R = 4.31S C = 423 + 1.87S Determine their "break-even" point, where revenue and costs are equal 4. A different company makes dice. They have written formulas for their revenue, R, and their costs, C,  based on the number of dice they make and sell, D: R = 0.65D C = 432 + 0.19D Determine their "break-even" point, where revenue and costs are equal.