How to train employees on principle based decision making?

John owns a number of hot dog stands in New York City. He hires workers to sell hot dogs at his stands. Which of the following events will lead to a decrease in John's demand for hot dog vendors? a.

For the current period, Kayenta Company's manufacturing operations yield a $3,500 unfavorable price variance on its direct materials usage. The actual price per pound of material is $80; the standard price is $79.50 per pound.

The Boston Consulting Group's Growth-Share Matrix classifies a firm's products into four categories based on growth rates of the industry in which the product competes and the "share of mind" for the product in respective target markets served by

Jamie is considering leaving her current job, which pays $75,000 per year, to start a new company that develops applications for smart phones. Based on market research, she can sell about 50,000 units during the first year at a price of $4 per unit.

Is the lottery efficient?

Max Leonard, vice president of Marketing for Dysk Computer, Inc., must decide whether to introduce a midpriced version of the firm's DC6900 personal computer product line - the DC6900-X.

Phillips NV produces DVD players and exports them to the United States. Last year the exchange rate was $1.25/euro and Phillips charged 120 euro per player in Euroland and $150 per DVD player in the United States.

Why is it sometimes difficult for mananger to get others to do what they want them to do

Assume a hypothetical case where an industry begins as perfect competition and then becomes a monopoly. As a result of this change, A.

Green Co. incurs a cost of $15 per pound to produce product X, which it sells for $26 per pound. The company can further process product X to produce product Y.