Look in file
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For the Unit 4 Complete assignment, write a narrative essay (minimum of 1200 words) which
addresses the questions and statements below. When finished, the essay should demonstrate a
thorough understanding of the READ and ATTEND sections. A minimum of three scholarly
sources are required, and all sources should be cited and referenced in APA format.
1. Explain the relationship between cultural values and business performance.
2. Compare and contrast the four types of culture described in the text
3. Discuss in detail the techniques that can be used to successfully implement change.
4. Discuss in detail the techniques employed by managers to overcome resistance.
5. Refer to Integrative Case 3.0, IKEA: Scandinavian Style, at the end of the book. How does
IKEA stay innovative? Do you think its approach to innovation is related to its culture or
structure? Explain.
1.
For the Unit 4 Complete assignment, write a narrative essay (minimum of 1200 words) which
addresses the questions and statements below. When finished, the essay should demonstrate a
thorough understanding of the READ and ATTEND sections. A minimum of three scholarly
sources are required, and all sources should be cited and referenced in APA format.
For each lettered space in the following table, determine the appropriate dollar amount
Assume that the above cost data is for a perfectly competitive firm. Using this data
answer the following:
(a) If the market equilibrium price that this firm charges is $50, what level of output
must this firm produce to maximize its profit?
(b) What would be the amount of profit that this firm would earn if it produced at the
profit-maximizing level of output?
3. You read in a business magazine that farmers are reaping high profits. With the theory of
perfect competition in mind, what do you expect to happen over time (in the long run) to
each of the following?
a. The prices of agricultural products
b. The profits of farmers
c. The equilibrium output in agricultural markets
d. The number of farms
4. Distinguish between economies of scale and diseconomies of scale. Give examples of why
a firm may experience economies of scale.
