Economics Question
DB 2 What information could be lost if a firm were to buy a supplier of its intermediate goods and incorporate that firm into its existing operating structure? DB 3 How does having effective performance methodologies allow a firm to adequately measure economic performance? What is the role of an effective transfer pricing methodology in allowing effective performance measurement? DB 4 How does a firm in each of the four market structures make decisions relative to its competitors? For what reasons? DB 5 What economic factors would affect a firm’s desire to enter and exit a market? What are the market signals that would tell a firm that it is profitable to enter or exit? If possible, use a realworld example from current or recent economic events. DB 6 Why is competitive advantage desirable? What does having it allow a company to do? Written Assignment 1 How do you think the agency problem differs between the military and the corporate world? In the corporate world, the shareholders are the owners and they hire managers to run the firm. How does the fact that while the military is much more hierarchical than the corporate world and the people making the management decisions are also different from those whose goals often need to be met? Be sure you discuss the agency problem, as you perceive it, in each sphere as you prepare to discuss the differences. Your paper should be 2 to 3 pages (500 to 750 words) in length and should follow proper APA formatting
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