Questions: 1. In duopoly market, with using Cournot-Nash equilibrium and diagram calculate: Nash equilibrium quantities. Equilibrium price. Profit to each firm. 2. Suppose that the firms cooperate to act as a monopoly and want to form OPEC cartel in the market, then: What do you think the objectives of this cartel? Calculate the following in monopoly market and compare them with previous results: Quantity of output. P...
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Questions: 1.Write down the case synopsis. 2.Discuss in detail how ERP update could help ADNOC in gaining competitive advantages? 3.With reference to the case study, explain the significance of Information Systems in operating business? 4.What lessons can be learned from system upgrades based on the case study? Answers: 1.The Abu Dhabi National Oil Company (ADNOC) is the oil company owned by the gov...
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Question: Discuss about the Relationship between Quantitative Methods and Decision Making. Answer: Introduction Decision making is crucial for making appropriate choices and thereby ascertain the success of any given business. In the current marketplace, decision making has given immensely challenging considering the number of variables to be considered and the underlying uncertainty. As a result, there is a significant role...
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Question: Disucss about the Internet Governing and Controlling Of Cyber-Crimes in United Arab Emirates. Answer: Introduction With the span time and the development of technology, the world has undergone huge changes that somehow left a huge impact on the people. These impacts are not positive all the time and as a result there are some adverse effects that causes harm to the society. Cyber-crime is one such expanding risks t...
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Question: Discuss about the Case Study of ENRON. Answer: History of ENRON The origin of the company Enron is dated back to the year 1985 in the form of an interstate pipeline firm, which happened out of the legal union of Omaha based InterNorth and Houston Natural Gas (Cbc.ca, 2017; Markham, 2015). The former CEO of Houston Natural Gas, Kenneth Lay became the Chief Executive Officer of Enron. Later on, the consultant of Mck...
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Question: Discuss about the Case Study of Amazon In. Answer: Introduction: The main of this report is to analyze the situation for understanding the key issues. In this report strength and weakness is analyzed by performing SWOT and VIRO analysis. In this, the case the Amazon is selected for performing the analysis. The selected company is the world’s largest online retailer. The success of this company has encouraged ...
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Question: Discuss about the SAP implementation for Hospital and Other Organisations. Answer: Introduction This paper aims at giving insight on the meaning of SAP and the distinguishing characteristics of its application in hospitals and other organizations. It also intends to use hospitals in Colombia as a case study in analyzing the correct use of SAP. What is SAP? SAP stands for Systems Applications and Products. It was designe...
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Question: Discuss about the Accounting Financial Analysis of Cochlear Limited. Answer: Introduction Cochlear Limited is a biotechnology company serving globally and designing, producing, and delivering the Cochlear implant and the Baha bone conduction implant. Cochlear was founded in 1981 and took help from Australian Government. Cochlear produces three different products for different situations in medical (Skrivan and Drevine...
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Question: Discuss about the General Objective of Financial Reporting. Answer: Introduction The compliance with the general objective of GPFR in respect of financial information characteristics is a factor that companies like Alumina Limited must consider during the preparation of financial statements. This intends to scrutinize the annual report of Alumina Limited and showcase whether the firm has complied with such standards a...
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Question: Discuss about the SAP Implementation for Cost Accounting. Answer: Introduction This paper aims at giving insight on the meaning of SAP and the distinguishing characteristics of its application in hospitals and other organizations. It also intends to use hospitals in Colombia as a case study in analyzing the correct use of SAP. What is SAP? SAP stands for Systems Applications and Products. It was designed speci...
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