... Mar 13 Distribute promotion materials to all staff Mar 16 Mar 18 Obtain management approval Gantt Chart Events Feb Mar Resources 10 11 12 13 16 17 18 19 20 23 24 25 26 27 10 11 12 13 16 17 18 ... Step 5: Prepare a Gantt Diagram Gantt Chart Events Feb Mar Resources 10 11 12 13 16 17 18 19 20 23 24 25 26 27 10 11 12 13 16 17 18 Derive marketing plan TM Derive budget for marketing plan TM Obtain ... marketing plan Feb Feb 12 1, 2 Feb 13 Feb 13 Source welcome gifts Feb 16 Feb 20 Design promotion materials 15 Feb 16 Mar 6 Design spending program criteria 3 Feb 16 Feb 18 Source rewards for spending...
Ngày tải lên: 18/11/2016, 12:27
Vocabulary for MBA
... into banks (he robs them) Brits - (Noun) "In 17 95 we weren't sure the Brits weren't going to come back, and indeed in 18 12 they did [in the war of 18 12]." The term Brit can be used without insult ... supports a win-win situation, instead of compromising To describe it, compromise means 1+ 1= 1. 5, whereas synergising, 1+ 1= "Synergizing implies better solutions for everybody, but requires an abundance ... Samples from http://www.nytimes.com/2002 /11 /14 /business /14 WALL.html: Mr Weill acknowledged publicly for the first time that he had urged Mr Grubman in 19 99 to "take a fresh look" at AT&T In a...
Ngày tải lên: 03/10/2012, 10:33
Microeconomics for MBAs 46
... Finance, Summer 19 90, vol (Summer 19 90), pp 70- 81 22 See Sanjai Bhagat, Andrei Shleifer, and Robert W Vishny, “Hostile Takeovers in the 19 80s: The Return to Corporate Specialization,” pp 1- 72 in Martin ... Empirical Evidence Since 19 80.” 24 Michael C Jensen and Richard S Ruback, “The Market for Corporate Control: The Scientific Evidence,” Journal of Financial Economics, vol 11 (19 83), pp 5-50; and Wayne ... takeover attempts (50 of which were successful) from 19 84 -19 86 were examined.22 According to this study, layoffs were common, but seldom exceeded 10 percent of the workforce, and were typically far...
Ngày tải lên: 18/10/2013, 00:15
Microeconomics for MBAs 47
... in Figure 14 .2 TABLE 14 .2 Long-run Marginal and Average Costs of Producing Electricity Megawatts (1) Long-Run Marginal Cost (2) $50 40 30 20 10 Long-Run Total Cost (3) $ 50 90 12 0 14 0 15 0 Long-Run ... During the 19 70s and 19 80s, the fear of such monopoly power motivated proposals to regulate the oil and automobile industries, among others Chapter 14 Business Regulation Figure 14 .1 shows a cartelized ... permit the price to rise from P1 to P2 The firm’s subsidized losses shrink from the shaded area P1 abATC1 to P1 cdATC2 —but the quantity produced drops also, from Q1 to Q2 Consumers are now getting...
Ngày tải lên: 20/10/2013, 20:15
Microeconomics for MBAs 48
... University of Chicago Press, 19 75), and Stephen Breyer, Regulation and Its Reform (Cambridge, Mass.: Harvard University Press, 19 82) 17 Chapter 14 Business Regulation 18 The railroads supported ... prevails—American industry Airline (19 78), trucking (19 80), and railroad (19 80) rates and routes have been deregulated The price of natural gas was decontrolled in 19 86, and the elaborate price controls ... popularity of the mall and would then earn $11 50 profit per week On the other hand, if all stores operated 48 hours per week, all stores would earn $11 00 profit each week Total profits are greater...
Ngày tải lên: 20/10/2013, 20:15
Microeconomics for MBAs 60
... rate of $0 .10 = F1 You promise to pay the exporter $00, and the French cheesemaker expects to receive F5,000 By the time you send the check, however, the rate has moved to $0 .11 = F1 The exporter ... contract from S to S The dollar price of francs will rise from ER1 , to ER2 , as the equilibrium shifts from E1 , to E2 26 Chapter 17 International Trade and Finance In the short-run, supply and ... Figure 17 .8 illustrates the process for prices in general As U.S demand for foreign goods rises, the demand curve for francs shifts outward from D1 to D , shifting the equilibrium from E1 to E...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 49
... theory of regulation In the real 14 Louis Lee, “Without a Receipt You May Get Stuck With That Ugly Scarf,” Wall Street Journal, November 18 , 19 96, p A -1 15 Ibid Chapter 14 Business Regulation world, ... that level? Why or why not? Quantity Marginal Cost Price Consumers Will Pay $ 21 $45 18 36 15 27 12 18 9 6 CHAPTER 15 Competitive and Monopsonistic Labor Markets Labour, like all other things which ... has to pay a “restocking fee” of 15 percent of the purchase price if the package in which the product came has been 29 30 Chapter 14 Business Regulation opened .14 Before the change in policy,...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 50
... Market [(2) x (3)] (1) (2) (3) (4) First laborer $2 $12 Second laborer Third laborer 2 10 Fourth laborer Fifth laborer 2 Sixth laborer 2 If the wage rate is slightly below $12 an hour, the employer ... from S1 to S2 in Figure 15 .4, lowering the wage rate from W2 to W1 Even though the money wage rate is lower, however, workers are better off according to their own values At a wage rate of W1 , ... the second worker if she has to pay him $12 for an hour’s work and receives only $10 worth of product in return If the wage rate is slightly lower than $10 , the employer can justify hiring two...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 1
... determine what they R.A Radford, “The Economic Organization of a POW Camp,” Economica (November 19 45), pp 18 02 01 Chapter The Economic Way of Thinking are willing to buy and sell and on what terms That ... reflecting the influx of new money After nights spent listening to nearby bombing, when Ibid., pg 19 0 Chapter The Economic Way of Thinking the nervous prisoners had smoked up their holdings of...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 2
... ed By C.B Macpherson [Baltimore, Md.: Penguin Books, Inc., 19 68 (first published 16 51] , pp 18 5–88 Chapter The Economic Way of Thinking 14 In an idealized world in which people are fully considerate ... Figure 1. 1, areas where their spheres of interests intersect It is here that the potential for conflict arises, that a dividing line between “mine” and “thine” must be drawn Figure 1. 1 Individuals ... 4, the “state of nature,” to cell 1, a state in which a social contract is agreed upon 11 Locke, The Second Treatise, p 32 Chapter The Economic Way of Thinking 17 There are two reasons why this...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 51
... speed-up in their work 12 Tron Petersen, “Reward Systems and the Distribution of Wages,” Journal of Law, Economics, and Organizations, vol (special issue), 19 91, pp 13 0 -15 8 11 Chapter 15 Competitive ... staggering If the wage rises from W1 to W2 in Figure 15 .7, the total wage bill for the first Q1 workers rises by the wage increase W2 – W1 times Q1 workers Table 15 .2 shows how the effect of a wage ... Musicians are often paid by the number of concerts played 10 Howard Banks, "A Sixties Industry in a Nineties Economy," Forbes, May 9, 19 94: pp 10 7 -11 2 FedEx actually tracks its delivery people on their...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 52
... reduction minus the $11 0 reduction in money wages) The employer gives up the piece-rate system simply because he or she can make a profit $10 in this example off each worker ( $11 0 reduction in ... independent of how much 17 As quoted in Gary J Miller, Managerial Dilemmas: The Political Economy of Hierarchy (New York: Cambridge University Press, 19 92), p 11 7 25 Chapter 15 Competitive and Monopsonistic ... rate combinations illustrated in Figure 15 .11 , which has pay on the vertical axis and sales on the horizontal axis One pay package has a high salary, S1 and a low commission rate, which is described...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 3
... incentive to board as many 19 In 19 45, there were only 2 ,11 3 firms in the United States that had deferred compensation or profitsharing plans for their workforces In 19 91, the count of firms with ... and Economics, vol (19 85), pp 11 5–29 24 Y Amihud and B Lev, “Risk Aversion as a Managerial Motive for Conglomerate Mergers,” Bell Journal of Economics (Fall 19 81) , pp 605 17 ; B Holmstron, “Moral ... Journal of Economics, vol 10 (19 79), pp 74– 1; S Shavell, “Risk Sharing and Incentives in the Principal and Agent Relationship,” Bell Journal of Economics, vol 10 (19 79), pp 55–3; and C Smith...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 4
... by John W Pratt and Richard J Zeckhauser (Boston, Mass.: Harvard Business School Press, 19 91) , pp 18 7 12 ; and James A Robins, “Why and When Does Agency Theory Matter? A Critical Approach to the ... Financial Economics, vol 20 (19 88), pp 4 31 60; and J Warner, R Watts, and K Wruck, “Stock Prices and Top Management Changes,” Journal of Financial Economics, vol 20, pp 4 61 92 Chapter The Economic ... methods, the economists found what they expected: since 19 73 (after adjusting for other relevant factors that might affect hit batters), 10 to 15 percent more batters in the American League have...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 5
... Bushel A B C D E F G H I J K L Number of Bushels $0 10 11 11 0,000 10 0,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10 ,000 FIGURE 2 .1 Market Demand for Tomatoes Demand, the assumed ... function for tomatoes described in Table 2 .1 and Figure 2 .1 may be written as Qd = 11 0,000 – 10 ,000 P Chapter Competitive Product Markets TABLE 2 .1 Market Demand for Tomatoes Price-Quantity ... will buy at those prices Note that as the price rises from zero to $11 a bushel, the number of bushels purchased drops from 11 0,000 to zero Demand may also be thought of as a curve If price is...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 53
... Economics, vol 14 (19 85), pp 19 5- 215 ] 37 As reported by Martha Groves and Stuart Silverstein, “Levi Strauss Offers Year’s Pay as Incentive Bonus,” Los Angeles Times, June 13 , 19 96, p A1 Chapter 15 Competitive ... issue, February 19 90), pp 10 7s -12 0s] 41 Kevin J Murphy, “Top Executives Are Worth Every Nickel They Get,” Harvard Business Review, March-April 19 86, pp 12 5 -13 2 42 Ibid., exhibit I, p 12 6 43 Ibid., ... 27, 19 91, pp 214 - 218 As reported by Judith H Dobrzynski, “Top Post at Rock-Bottom Wage: Chief Executive Puts Stock-Only Pay to Ultimate Test,” New York Times, October 4, 19 96, p C1 27 Chapter 15 ...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 54
... Political Economy , vol 95 (no 1, 19 87), pp 1- 33 54 See Jonathan S Leonard, “Executive Pay and Firm Performance,” Industrial and Labor Relations Review, vol 43 (no 3, 19 90), pp 13 s-29s Also, consistent ... “Growing Trend: Giant Payoffs for Executives Who Fail Big,” New York Times, July 21, 19 97, p A1 and A10 49 Chapter 15 Competitive and Monopsonistic Labor Markets ventures) This means that executive ... estimate remarkably close to the sales-pay relationship found by the researcher for the 19 37 -19 39 and 19 67 -19 71 periods.59 Other studies on executive pay in the United States and Great Britain have...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 55
... Cost (-) Individuals Person Each Person [(2) - (3)] (1) (2) (3) (4) A $14 0 $10 0 +$ 40 B 13 0 10 0 + 30 C 11 0 10 0 + 10 D 50 10 0 - 50 E 10 0 - 10 0 Total $430 Vote For or Against (5) For For For Against ... Table 16 .3 Costs and Benefits of a Park, a Road, and a School Park (1) Individuals Benefit A $12 0 B 12 0 C 12 0 D 50 E 50 Total $460 Road (2) Cost Vote Benefit $10 0 For $250 10 0 For 50 10 0 For 250 10 0 ... Table 16 .1 Costs and Benefits of a Public Park for Five People Individuals (1) A B C D E Total Dollar Value of Benefits to Each Tax Levied on Person Each Person (2) (3) $200 $10 0 15 0 10 0 12 5 10 0...
Ngày tải lên: 08/11/2013, 00:15
... price, as in Figure 2.6 At the relatively low price of $1, or P1, buyers want to purchase 10 0,000 bushels—substantially more than the 10 ,000 bushels producers are willing to offer The result ... falls from P2 to P1 A decrease in supply from S1to S2 panel (d) causes the opposite effect: the equilibrium quantity falls from Q2 to Q1, and the equilibrium price rises from P1 to P2 FIGURE ... Chapter Competitive Product Markets 11 In Figure 2.4, an increase in supply is represented by the shift from S1to S2 Producers are willing to produce a larger quantity at...
Ngày tải lên: 15/12/2013, 10:15
Tài liệu Microeconomics for MBAs 7 pptx
... Labor, Management, and Social Control in the Ford Motor Company, 19 08 -19 21 (Albany, N.Y.: State University of New York Press, 19 81) Chapter Competitive Product Markets 25 Consider the persistence ... demand curve from D1to D2 Because supply increased more than demand, the price fell from P2 to P1, and quantity rose from Q1 to Q2 The new equilibrium price and quantity, P1 and Q2, marked the ... producing calculators in 19 69, as well as restricted demand for this new product, let us assume that the supply and demand curves were initially S1 and D1 in Figure 2 .12 The initial equilibrium...
Ngày tải lên: 15/12/2013, 10:15