Assignment:
Honda uses flexible plans in the manufacturing of its cars. Discuss whether this method of production results in optimum output. For further information, read The Wall Street Journal, September 23, 2008, p. B1. How to Access the Wall Street Journal through the Online Library:
1. Go to the Online Library/Article Database page.
2. Click on "Journal Title Search".
3. Type in "Wall Street Journal".
4. From the list of results, click on "Wall Street Journal. Eastern edition" from ABI/INFORM Complete.
5. Use the search box entitled "Search for articles within this publication" to find articles by topic within the Wall Street Journal.
The article can be accessed directly at:
https://online.wsj.com/article/SB122211673953564349.html
Discuss whether economies of scale have any relevance to such companies as Wal-Mart.
In the hope of high returns, venture capitalists provide funds to finance new (start up) companies. However, potential competitors and structures of the market into which the new firm enters are extremely important in realization of profits. Among different market structures, which one do you believe provides the highest possible return for a new company and why?