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

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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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