A vertically integrated tropical fruit multinational corporation includes operations in which a business within the firm grows bananas in one region of a country, and the firm also owns a business in another region of the country that uses bananas as an input to produce baby food. Which strategy can raise firm profits? Multiple Choice commodity bundling cross-subsidization peak-load pricing transfer pricing
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- TRUE AND FALSE QUESTIONS According to para 3 of article 12 of TCC a person who pretends that he/she runs a commercial enterprise or who enters into contracts as if he/she is a shareholder of a company which does not exist legally is qualified as a merchant. Article 16 of TCC refers to legal person merchants under three groups. Legal person merchants identified under article 16 are numerus clauses. Where there are no applicable regulations for the disputes as to commercial transaction, commercial usage and custom find an application even if merchants do not actually know them Although a legal representative who operates the commercial enterprise on behalf of the minor does not have a status of merchant, he is eligible to appoint a commercial representative Regarding the authorization of the commercial representative, apart from that the authorization of the representative is registered with the commercial register (art. 547/2 of TCO), there is no formal requirement. Commercial…Antitrust enforcement is controversial mainlybecausea. cooperative domestic firms are best equipped todeal with international competitors.b. some business practices that seemanticompetitive may in fact have legitimatepurposes.c. excessive competition can drive some firms out ofbusiness, causing job losses.d. vigorous enforcement can reduce businessprofitability, lowering shareholder value.McDonald’s Global Compensation Practices: This feature explores McDonald’s efforts to develop a global compensation and performance appraisal strategy. McDonald’s, which has over 400,000 managers and senior employees working in 118 different countries, wants its new program to provide some standardization of compensation and performance appraisal for the firm, but at the same time, allow subsidiaries to tailor the program to local market conditions. Discussion Questions 1. What does McDonald’s hope to gain from having a global compensation and performance appraisal system in place? 2. How does the compensation and performance appraisal system introduced at McDonald’s allow managers to take local market differences into account? Why is this type of approach important to employees? 3. How does McDonald’s approach help the company to consider local differences when reviewing the performance of different country managers and awarding bonus pay?
- Which of the following do not qualify as potential driving forces capable of inducing fundamental changes in industry and competitive conditions? 1.Reductions in both supplier and buyer bargaining power and higher barriers to entry into the industry 2. Reductions in uncertainty and business risk, changes in who buys the product and how they use it, and diffusion of technical know-how across more companies and more countries 3. Changes in an industry's long-term growth rate and changes in cost and efficiency 4. Entry or exit of major firms, government policy changes and/or regulatory influences 5. Growing buyer preferences for a more standardized product instead of strongly differentiated products (or for a more differentiated product instead of nearly identical or weakly differentiated products.SingComp-AI (“SCAI”) is a Singapore-based startup which develops compliance technology driven by artificial intelligence (“AI”) for financial institutions in Singapore. Compliance technology helps financial institutions in their adherence to applicable laws and regulations, as well as identifying and managing compliance-related risks. In the first year of its operations, SCAI assembled a competent team of professionals to help build its AI infrastructure and to support its growth. Marisa, an AI professional, was hired to head the product development team, and she is widely recognized as one of the key contributors to SCAI’s early success. In SCAI’s second year of operations, Marisa tendered her resignation. It was revealed that Marisa will be joining a rival company called “Eye-Tech” (“ET”), which upset the management of SCAI greatly. ET operates in the same business niche as SCAI, and is also looking to develop similar AI-driven compliance technology for financial institutions. Given…Cornell Pharmaceutical, Inc., and Penn Medical, Ltd., supply generic drugs to treat a wide variety of illnesses. A major product for each company is a generic equivalent of an antibiotic used to treat postoperative infections. Proprietary cost and output information for each company reveal the following relations between price (marginal cost) and output: P = $10 + $0.004Qc (Cornell) P = $8 + $0.008 Qp (Penn) 1. Assuming these two firms make up the entire industry, determine the industry supply curve when P < $10. 2. Determine the industry supply curve when P > $10.
- “Government regulation came to the electricity industry because of economies of scale, which seemed so great that monopoly organization could offer cost advantages.” Based on above quote, discuss THREE (3) main functions of the electric power industry.In 2005, Hydrola make and updated their website with different languages, which enables the foreign customer to view and build an international network between them, which that lead to the company expand in the region without local intermediaries due to the internationalization of the organizational culture. Following the creation of its website, Hydrola received numerous expressions of interest from abroad. Contrary to the CEO's expectations, requests were not coming from European and American markets, but rather from Africa, the Middle East, and Latin America. The company has selected Tunisia, Senegal, and Mexico as the initial choice of expansion markets. Hydrola's business is the production and maintenance of hydraulic and pneumatic spare parts for industrial machinery. Besides the countries mentioned above, what other countries are potential expansions for Hydrola? Please propose 5 countries and the reason (Except for China), and the 5 main indicators related to export strategy…A possible advantage of a horizontal merger for the economy is that the merging firms could avoid losses. the merged firm might reap economies of scale which could translate into lower prices. the degree of competition in the industry will be intensified. the government stands to collect more corporate income tax revenue.
- The costs of producing steel have declined substantially from building a conventional hot-rolled steel mill down to the new minimill technology that requires only scrap metal, an electric furnace, and 300 workers rather than iron ore raw materials, enormous blast furnaces, rolling mills, reheating furnaces, and thousands of workers. What effect on the potential industry profitability would Porter’s Five Forces framework suggest this new technology had? Why?Forey, Inc., competes against many other firms in a highly competitive industry. Over the last decade, several firms have entered this industry and, as a consequence, Forey is earning a reLurn on investment that roughly equals the interest rate. Furthermore, the four-firm concentration ratio and the Herfindahl-Hirschman index are both quite small, but the Rothschild index is significantly greater than zero. Based on this information, which market structure best characterizes the industry in which Forey competes? Explain.Lefola Limited is the only manufacturer of product G_Easy in the Popa Land. It has provided documented levels of demand at certain selling prices for product G_Easy which are as follows: Price per unit Demand Units Total costs 7 000 0 3 000 6 000 1 5 000 5 000 2 8 000 4 000 3 12 000 3 000 4 17 000 2 000 5 23 000 1 000 6 30 000 Required: Using a tabular approach, calculate the marginal revenues and marginal costs for product G_Easy at the different levels of demand, and so determine the selling price at which Lefola Limited’s profits are maximized.