Many companies outsource some or all of their information system services both to vendors in the United State and offshore vendors in countries like India. Which answer below is a valid reason why companies chose NOT to outsource? O A. To free up time for management O B. To obtain expertise the company currently does not have OC. To obtain additional resources that can be let go after a project is complete O D. To keep intellectual capital in house

Many companies outsource some or all of their information system services both to vendors in the United State and offshore vendors in countries like India. Which answer below is a valid reason why companies chose NOT to outsource? O A. To free up time for management O B. To obtain expertise the company currently does not have OC. To obtain additional resources that can be let go after a project is complete O D. To keep intellectual capital in house

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter1: Introduction And Goals Of The Firm

Section: Chapter Questions

Problem 5E

See similar textbooks

Similar questions

I need help with d and e e) Using Excel, calculate ?? and ?? for ? = 0,1,2, ... ,24. Verify that the ?? = ?? ruledetermines the same profit-maximizing output as you found in part a
Assume that you are a loyal customer from Lanuit Coffee and you always buy Americano coffee from Lanuit Coffee with the price USD 10, but then you look the Toast n Bread store bundling package that consists of the various coffee brand: Happy Coffee with Toast n Bread package USD 20. Which one will you choose? Will you still buy coffee from Lanuit Coffee? And as a loyal customer, which one more elastic, Lanuit Coffee or Happy Coffee for you? If you as the management of Lanuit Coffee, what will you do to keep the loyal customer, and how about your opinion with the elasticity of demand in Lanuit Coffee products? Please explain your answer.
How would you approach this issue if you were the manager in charge of sourcing raw materials for LEGO? How would PESTEL analysis inform your actions? What PESTEL challenges is LEGO trying to address by changing the raw materials used in its products? Explain what favorable PESTEL factors support LEGO’s efforts. for the lego project
Lyft launched its IPO on April 1st 2019 with a share price of $72. Before the IPO, Lyft’s board of directors was likely trying to decide how to compensate CEO Logan Green to provide an incentive for him to increase the firm’s performance and share price after it went public. Let’s say the board was considering two possibilities such that they were deciding between providing one million dollars worth of shares of the firm stock at $72 per share or one million dollars worth of call options with a strike price of $72 and a maturity and vesting date one year after the IPO. To keep things simple, let’s say CEO Logan Green can choose between providing two levels of effort: regular effort or high effort. He has been exerting regular effort all along. He could switch to high effort which would be much more costly for him as he would have to work even longer hours, but the extra effort would likely result in better performance for the firm. The goal of the board’s incentive compensation is to…
PakPerfect Inc. estimates equation of its total costs of production as TC = 500 + 10Q + 5Q2 and market demand for its product as Qd = 105 – (1/2) P, where Q is quantity in units and P is price in Pak$. (need answers of part 3 & 4) Given above costs can you determine what will be the firm’s production in Stage 1? What is the breakeven price and breakeven quantity for this firm? 3. What is the shutdown price and quantity for this firm? 4. Draw the firm’s costs in a graph as per your determination in (a). Label the breakeven and shutdown price and quantity using information in (b) and (c) above.
1. Throughout this course, we have solved many optimization or profit maximizing problems. a. State the rules used for unconstrained (regular) optimization and for constrained optimization. b. Using your own words, explain the rationale behind each stated rule as if you were explaining them to someone who has not yet completed this course: c. What doe economist mean when they use the term marginal? d. State how to compute Profit and explain how account profit and economic profit provides different insights to a firm’s current operations.
1] TEXplor has purchased a 2-year lease on land adjacent to the land leased byClampett. The land leased by TEXplor lies above the same crude oil deposit. Assume each company sinks wells of the same size at the same time. If both companies sinkwide wells, each will extract 2 million barrels in 6 months, but each company willreceive profit of only GHC 1 million. On the other if each company sinks a narrowwell, it will take a year for Clampett and TEXplor to extract their respective shares,but their profits will be GHC14 million apiece. Finally, if one company drills a widewell while the other company drills a narrow well, the first company will extract 3million barrels and the second company will extract only 1 million barrels. In thiscase, the first company will earn profits of GHC 16 million and the second companywill actually lose GHC 1million.1. Illustrate this using a normal form game. 2. Does either firm have a strictly dominant strategy? If yes, what is (are) thesestrategies?…
Q3_A The Break even Analysis of firm show that: BEP = 1000 FC = 10,000 $ P = 3% of the quantity of zero profit. A) The point of intersection of TR with TC is at the cost point of $ 45,000 for TR. B) At the point where (zero units sold) TC equals $ 5,000 C) the start of the line drawing for TR is at cost point $ 0 D) the value UVC for the product in question equals $ 10) E)the FC value in a point for BFP equals $ 10,000 For the given choices, showing which one is True and which one is False, correcting the False ones and given a reasonable reason for the True. Write your answer below:
Semi-Salt Industries began its operation in 1975 and remains the only firm in the world that produces and sells commercial-grade polyglutamate. While virtually anyone with a degree in college chemistry could replicate the firm’s formula, due to the relatively high cost, Semi-Salt has decided not to apply for a patent. Despite the absence of patent protection, Semi-Salt has averaged accounting profits of 5.5 percent on investment since it began producing polyglutamate—a rate comparable to the average rate of interest that large banks paid on deposits over this period. Do you think Semi-Salt is earning monopoly profits? Why?
(a) Assume that although Marrow firm is presently making accounting profit it is experiencing negative economic profit in its current venture. The owner of the firm does not understand what this means and asks you to explain to him. (b) Massy super store, wishes to increase its total revenue. It offers 30%discount on every item it sells.Group A Group BVolume of sales before the 1.79 million 1.76 million 30% discount Volume of sales after the 1.84 million 1.86 million 30% discount(a) Using the midpoint method, calculate the price elasticities of demand for groupA and group B.(b) If Massy wants to increase its total revenue, which group should it offer the discount to?
The entry of a private entity into the water utility business has brought changes in operational processes. One particular example is that of Metro Dumaguete Water (MDW). The utility company is now planning to charge consumers based on peak and off-peak demand rates. On weekdays, peak times are during the early morning (4 to 7 am) and evenings (5 to 10 pm), while on weekends at 4 in the morning to 12 noon. MDW wanted to know the price that they should during those times (peak and off-peak). Based on early calculations, the monthly demand for water during each period is related to price as follows: Dp = 4.178 – 0.134Pp + 0.082Po Do = 2.673 – 0.159Po + 0.091Pp where, Dp and Pp are demand and price during peak times, while Do and Po are demand and price during off-peak times. In addition, it will costs MDW P82.50 per month to maintain one cubic meter of capacity considering the new equipment and gadgets that would be set up with regards to the…
The entry of a private entity into the water utility business has brought changes in operational processes. One particular example is that of Metro Dumaguete Water (MDW). The utility company is now planning to charge consumers based on peak and off-peak demand rates. On weekdays, peak times are during the early morning (4 to 7 am) and evenings (5 to 10 pm), while on weekends at 4 in the morning to 12 noon. MDW wanted to know the price that they should during those times (peak and off-peak). Based on early calculations, the monthly demand for water during each period is related to price as follows: Dp = 4.178 – 0.134Pp + 0.082Po Do = 2.673 – 0.159Po + 0.091Pp where, Dp and Pp are demand and price during peak times, while Do and Po are demand and price during off-peak times. In addition, it will costs MDW P82.50 per month to maintain one cubic meter of capacity considering the new equipment and gadgets that would be set up with regards to the…