{"id":13956,"date":"2020-11-24T09:07:43","date_gmt":"2020-11-24T09:07:43","guid":{"rendered":"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/"},"modified":"2020-11-24T09:07:43","modified_gmt":"2020-11-24T09:07:43","slug":"jensen-meckling-discussion-questions","status":"publish","type":"post","link":"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/","title":{"rendered":"Jensen &#038; Meckling discussion questions"},"content":{"rendered":"<style type=\"text\/css\"><\/style><p>Jensen &amp; Meckling discussion questions<br \/>\nYou can\u2019t use other sources except what I uploaded.<br \/>\n1. Compare and contrast (2 \u2013 4 sentences) the mechanisms by which markets and organizations assign decision rights. In other words, how are decision rights allocated by markets and how are decision rights allocated by organizations \u2013which features are similar and which are different?<br \/>\n2. Please give at least two (2) examples of general knowledge and two (2) examples of specific knowledge for your project organization (four (4) examples total). Give a brief (1 \u2013 2 sentence) explanation of why you categorize each of these examples as general or specific. Your examples should be RELEVANT to your core business process as discussed during the Intro to Organizational Architecture lecture last week \u2014 not just the first examples that come to mind in order for you to \u201ccheck the box\u201d on this assignment.<br \/>\n3. On p. 25 J&amp;M sate that \u201cMinimizing cost of given total output often seems to degrade into a system where managers are rewarded for minimizing average cost per unit of output\u2026measuring performance by average cost per unit of output will virtually never be consistent with firm value maximization in the absence of a quantity constraint.\u201d Go back to your intermediate micro section on costs and production and explain what J&amp;M mean by this statement. WHY isn\u2019t managing based on average costs optimal? Please draw a graph of the relevant cost curves to support your explanation.<br \/>\n4. Please look at the graph on p. 18. Why isn\u2019t the minimum total organizational costs at the intersection point between the cost of inconsistent objectives and the cost of poor information? Hint: This answer is related to our answer in #3 above.<\/p>\n<p><center><a href=\"http:\/\/onlineclassesguru.com\/orders\/ordernow\"><img decoding=\"async\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcTyj99p60XCLyLk1htB7-1neRt8-2QdnenNlQ&usqp=CAU\"target=\"_http:\/\/onlineclassesguru.com\/orders\/ordernow\"\/><\/center><p>","protected":false},"excerpt":{"rendered":"<p>Jensen &amp; Meckling discussion questions You can\u2019t use other sources except what I uploaded. 1. Compare and contrast (2 \u2013 4 sentences) the mechanisms by which markets and organizations assign decision rights. In other words, how are decision rights allocated by markets and how are decision rights allocated by organizations \u2013which features are similar and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13956","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jensen &amp; Meckling discussion questions - onlineclassesguru<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jensen &amp; Meckling discussion questions - onlineclassesguru\" \/>\n<meta property=\"og:description\" content=\"Jensen &amp; Meckling discussion questions You can\u2019t use other sources except what I uploaded. 1. 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In other words, how are decision rights allocated by markets and how are decision rights allocated by organizations \u2013which features are similar and...\" \/>\n<meta property=\"og:url\" content=\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/\" \/>\n<meta property=\"og:site_name\" content=\"onlineclassesguru\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T09:07:43+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/onlineclassesguru.com\/#website\",\"url\":\"https:\/\/onlineclassesguru.com\/\",\"name\":\"onlineclassesguru\",\"description\":\"Cheap Professional coursework and reaction papers help\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/onlineclassesguru.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/#webpage\",\"url\":\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/\",\"name\":\"Jensen & Meckling discussion questions - onlineclassesguru\",\"isPartOf\":{\"@id\":\"https:\/\/onlineclassesguru.com\/#website\"},\"datePublished\":\"2020-11-24T09:07:43+00:00\",\"dateModified\":\"2020-11-24T09:07:43+00:00\",\"author\":{\"@id\":\"https:\/\/onlineclassesguru.com\/#\/schema\/person\/1831fa4d28e47b468621cf27932f5742\"},\"breadcrumb\":{\"@id\":\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/onlineclassesguru.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jensen &#038; Meckling discussion questions\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/onlineclassesguru.com\/#\/schema\/person\/1831fa4d28e47b468621cf27932f5742\",\"name\":\"admin_admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/onlineclassesguru.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/429c8d043f7a770af242b0031e8b9f2b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/429c8d043f7a770af242b0031e8b9f2b?s=96&d=mm&r=g\",\"caption\":\"admin_admin\"},\"url\":\"https:\/\/onlineclassesguru.com\/index.php\/author\/admin_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jensen & Meckling discussion questions - onlineclassesguru","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/24\/jensen-meckling-discussion-questions\/","og_locale":"en_US","og_type":"article","og_title":"Jensen & Meckling discussion questions - onlineclassesguru","og_description":"Jensen &amp; Meckling discussion questions You can\u2019t use other sources except what I uploaded. 1. Compare and contrast (2 \u2013 4 sentences) the mechanisms by which markets and organizations assign decision rights. 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