EAS209H1 Lecture : Lecture Notes for Oct. 19, 2010

WRITE: historical Research Read the biographical notes on Pythagoras (page 241), Euclid (page 542), and Archimedes (page 787). Choose one of these mathematicians, and find out more about him from the library or on the Internet. Write a short essay on your findings. Include both biographical information and a description of the mathematics for which he is famous.

6) Markets 1. enable buyers and sellers to get information II. are defined by economists as geographical locations where trade occurs. III. coordinate buying and selling decisions through price adjustments Which of the above statements are correct? A) I, II and III B) I and III only C) II and III only D) I only E) III only

1. Centralized decision making is most commonly found in:

Select one:

a. emerging economies and industries.

b. highly vertically-integrated firms.

c. stable industrial environments.

d. firms that are expanding into other geographical areas.

2. Which of the following is not a benefit of the M form of an organization?

Select one:

a. Improved use of senior management's time

b. Improved coordination among functional specialists

c. Focus across the entire product line

d. Use of local product or geographic information