Net profit margin:
represents the percent of total revenue that a company keeps as profit after accounting for all
other costs, variable and fixed. It can be calculated by dividing Net Income (Net Income is the
total amount of profit a company made over a
If a firm with monopoly pricing power in the market faces
a demand curve of P = 2,000 2Q and marginal costs of
MC = 1,100 + 2Q, then the firm will produce: (1 point)
A. 542 units.
B. 150 units.
C. 200 units.
D. 900 units.
Center for Human Resources and Labor Studies, Carlson School of Management
University of Minnesota
HRIR 8001: Business Principles for the HRIR Professional
Monday, Wednesday 9:55-11:35 AM, Room CSOM 2-213
Instructor: Prof. Avner Ben-Ner, benne00
Vertical IntegrationIf you think about a companys supply chain, envision various flows left and right. With the raw
material supplier starting at the left and working its way through various stages of production to
the right, eventually, product flows to
V ilul Chlin Anllysis
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S trategic M anagement > Value Chain
T he V alue C hain
T o b etter understand t he a ctivities through which a fir
A market consists of all firms and individuals who are willing and able to buy or sell a particular product.
These parties include those currently engaged in buying and selling the product, as well as potential entrants.
Potential entrants are all individ
Business Plan for a Startup Business: A Restaurant
Owners: Team_. It is a legal partnership (LLC)
Describe your niche
Identify your targeted customers, their characteristics etc.
What is the total size of your market? Trends?
A. are the incremental costs associated with making a
B. are the expenditures already made that can't be covered.
C. are not relevant in making a decision.
D. are costs that are usually classified under
Operations Management Highlights for HRIR 8001
Operations management focuses on managing the processes that govern the production
and distribution of goods and services.
It follows and interacts with every stage of the value chain.
Here is a summary of ke
Definition of Profit Margin:
Profit margin, net margin, net profit margin or net profit ratio all refer to a measure of
profitability. It is calculated by finding the net profit as a percentage of the revenue.
For Ecolab this ratio is
It measures how much
Concepts to focus on
Components of Organization architecture
Marginal and Opportunity costs
Indifference curves, shape of the curve
Budget Constraints, plotting the budget line, impact of price changes on budget line
Normal vs Inferior g
Mandatory bargaining topics involve wages, hours, and other terms and
conditions of employmentif an employer or union requests bargaining on a
mandatory topic, there must be bargaining to agreement or impasse.
The major indicators of bad faith bar
1. What incentive conflicts exist in corporations?
Much of the stock of large publicly traded corporations is held by diversified investors
who take little interest in the governance of individual firms. Operational control of
APPLE INC. VALUE CHAIN ANALYSIS
for their product and is directly involved with the senior management (Bruner, 2000 and Esch,
2004). The advantage here is that a team can closely monitor the profit and loss of a product
based on costs and income.
APPLE INC. VALUE CHAIN ANALYSIS
Apple Inc., a consumer electronics firm, is more perceived as a marketing company than
a technology company.
This turnaround is brought by the experiences of the company
throughout the years by learning with its business mi