2 reference one book. Managerial Economics and Organizational Architecture

  1. Discuss how organizational architecture and corporate culture
    are related. Use an example of a real-life firm and discuss how its
    corporate culture blends with its organizational architecture.
  2. Billy Riggan is in charge of all technical developments at
    Always Round Tire. He makes all the choices concerning product innovations
    in the company. He finds that he is overworked and that several of his
    research scientists seem to be spending work hours playing tennis. What is
    going on?
  3. Always Round Tire tries to base its promotions on seniority
    (where education and training requirements are not necessary). The company
    finds that this system seems to work most of the time with shop floor
    supervisors and team managers. But the system breaks down for higher-level
    positions. Why?
  4. Economists believe the free rider problem is very important in
    complex business organizational structures. Still, businesses continue to
    build teams to solve problems or to deliver products to consumers. Often
    special rewards or bonuses are provided to the team rather than to the
    individuals on the team. Write a brief essay that either defends the
    economists’ concern or explain why economists are wrong on this issue.
  5. Many firms today use 360-degree performance evaluations. Make a
    case for this type of evaluation based on the informativeness principle.
    What problems may be encountered from implementation of such a system?
  6. Reflecting on what you have learned in this course, discuss the
    relevance of Responsible Stewardship in the context of economic analysis and
    organizational architecture.