How do large companies exercises control over producers

Providing a great shopping experience to customers is one of the important objectives of purple fashions inc., a clothing store. to achieve this objective, the company has a team of committed customer service professionals whose job is to ensure that customers get exactly what they want. this scenario illustrates that purple fashions is trying to achieve

Aplant manager is considering buying additional stamping machines to accommodate increasing demand. the alternatives are to buy 1 machine, 2 machines, or 3 machines. the profits realized under each alternative are a function of whether their bid for a recent defense contract is accepted or not. the payoff table below illustrates the profits realized (in $000's) based on the different scenarios faced by the manager. alternative bid accepted bid rejected buy 1 machine $10 $5 buy 2 machines $30 $4 buy 3 machines $40 $2 refer to the information above. assume that based on historical bids with the defense contractor, the plant manager believes that there is a 65% chance that the bid will be accepted and a 35% chance that the bid will be rejected. what is the expected value under perfect information (evpi)?

In a market system, the allocation of scarce goods involves the consideration of the time required to pursue an economic activity. what must be sacrificed in using a resource for its next-best use. identifying the possibility of professional advancement. the dollar cost of any good or service. suppose a city block was going to be used for a parking lot in both new york city and a small town. the opportunity cost would be greater in a small city because the alternative uses of the city block are more valuable. lower in new york city because the alternative uses of the city block are more varied. lower in a small city because the alternative uses of the city block are more varied. greater in new york city because the alternative uses of the block are more valuable.