“Long-Term Investment and Cost-Benefit Analysis” Please respond to the following:
Â· From the scenario for Katrinaâ€s Candies, suggest one (1) method in which Herb could use a cost-benefit analysis to argue for or against an expansion. Create three (3) optimal decision rules for Katrinaâ€s Candies (e.g., whether to hire more staff or hire temporary workers to meet production schedules). Assess both the short-term and the long-term costs and benefits of obtaining a graduate degree. Support your decision to obtain a graduate degree with a cost-benefit analysis of your particular situation.
“Applications and Best Practices” Please respond to the following:
Â· Propose two (2) applications of the knowledge that you have learned in this course to your current or a future position. Provide a rationale for your response. Create a list of three (3) best practices to follow in the field of managerial economics and globalization. Provide a rationale for your response.
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