Managerial Economics and Strategy, 2/e

M

• M (materials), types of production inputs, 127

• Macaroni defense, takeover defense, 215

• Magnuson-Moss Warranty Improvement Act, 349

• Make vs. buy decisions

  • avoiding government intervention, 222

  • market size and life cycle of a firm, 222–223

  • overview of, 216–217

  • profitability and supply chain decisions, 219–220

  • security and flexibility of supply, 221

  • stages of production and, 217

  • transaction costs and opportunistic behavior, 220

  • vertical integration and, 217–219

• Malthus, Thomas, 135

• Managers

  • decision making, 1–2

  • decision making under uncertainty. See Decision making, under uncertainty

  • estimating demand elasticity, 55–56

  • ethical obligations of, 212

  • governance of firms and, 200

  • limiting managerial incentives, 509–510, 537–538

  • measures for summarizing ...