MGT 101 SEU NYCTA President Andy Byford Perspective Underlying Problem Case Study

Help me study for my Management class. I’m stuck and don’t understand.

Instructions – PLEASE
READ THEM CAREFULLY

• What is the underlying problem in this case from NYCTA President Andy Byford’s perspective?(2marks)
• What barriers to decision making were prevalent before Byford’s arrival? Explain.(1.5 marks)
• Which Nonrationaldecision making model does Byford employ? How?(1.5 marks)

Economics

4- Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands? What might be a general difference that leads to some industries having many firms while others are dominated by just one or two?

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