In which of the following cases will centralization of decision making be appropriate?
a. When different departments in an organization function separately without much interrelation.
b. When information necessary for the decision making process originates from a variety of sources.
c. When the organization expands in size and its activities become more complex.
d. When all the information comes from an external source.
B
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The Roomba 570 is a robotic vacuum cleaner made and sold by iRobot. It can vacuum 4 rooms on a single battery charge and it costs $2 worth of electricity to charge the Roomba
Lynn is a house cleaner and can vacuum 4 rooms in 1 hour with a traditional vacuum. Suppose you want the 4 rooms in your house vacuumed once a week for one year. Ignoring the cost of any electricity Lynn uses, which method is economically efficient if Lynn charges $20 per hour? $30 per hour? A) Roomba if Lynn charges $20 per hour and Lynn if she charges $30 per hour B) Lynn if she charges $20 or $30 per hour C) Roomba if Lynn charges $20 or $30 per hour D) Lynn if she charges $20 per hour and Roomba if Lynn charges $30 per hour
Monopolies in successive markets result in
A) a double markup for consumers. B) more output than if the input market is competitive. C) a lower output price than if the input market is competitive. D) All of the above.