A village owns a common pasture where villagers graze their sheep. The cost to a sheep owner of owning and caring for the sheep is $3. The total revenue from all sheep on the common pasture is TR(s) = (23-s)s, where s is the number of sheep on the pasture. The local government notices that total profits from the pasture are not maximized if the villagers are allowed to pasture their sheep for free. The government decides to allow a sheep to use the common pasture only if its owner buys a sheep license for a price of $t. To maximize total profits (of villagers and the government) how many licenses should the government sell and how much should each license cost?

Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit

Chipotle mexican grill, the american mexican food chain restaurant, opened its first restaurant in the united states in 1993. in 2010, chipotle opened its first restaurant in the united kingdom in london on charing cross. by late may 2013, the company had 6 restaurants in london, but they have not been doing well even though the british have taken a liking to mexican food (boyle, 2013). why has this successful u. s. chain not seen the same success overseas? if you were chipotle's ceo, how would you fix this situation? what is an alternative means of venturing outside of its domestic markets that may allow for a competitive advantage? then, pick a company that has not yet expanded overseas, or if it has expanded, suggest a different strategy for entrance into an overseas market that you feel would be more strategic for the company. research its rivals in the global marketplace and market conditions in the overseas market you are targeting. justify your recommended entry strategy based on these industry and market conditions.

Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an is is implemented?