REGIS NU650 2026 FINAL EXAM SCRIPT
WEEK 15 WITH ACCURATE SOLUTIONS
⫸ Capital Deepening Answer: More capital per worker (especially IT);
key productivity booster.
⫸ Productivity Spillovers Answer: Efficiency gains from logistics
software, ERP, inventory control.
⫸ Greenspan Fed Answer: Central bank regime focused on anti-
inflation credibility → long expansion.
⫸ Globalized Input Costs Answer: Offshoring + imports kept prices
low, raising real income.
⫸ Financial Deregulation Answer: Liberalized capital markets; fueled
investment & speculative behavior.
⫸ Telecom Build-out Answer: Massive fiber-optic and networking
investment characterizing the boom.
⫸ Downsizing / Rightsizing Answer: Cost-cutting layoffs of workers &
middle managers to flatten hierarchies.
⫸ Shareholder Value Revolution Answer: EPS, stock price, and
investor demands drive corporate decision-making.
, ⫸ Business Process Reengineering (BPR) Answer: IT-driven redesign
of workflows; eliminated managerial layers.
⫸ Managerial Displacement Answer: Software replaced "information-
broker" roles in Chandlerian firms.
⫸ Short-termism Answer: Focus on quarterly earnings over long-term
capability building.
⫸ Financial Engineering Answer: Buybacks, M&A, and restructuring
used instead of R&D/training.
⫸ TQM / Lean / Six Sigma Fads Answer: Management toolkits critics
saw as superficial "silver bullets."
⫸ Weak Human-Capital Investment Answer: U.S. firms underinvested
in training vs. German/Japanese models.
⫸ Noisy Productivity Data Answer: Uneven gains across industries +
slow wages + measurement limits.
⫸ Sectoral Concentration of Productivity Answer: IT-producing/IT-
using sectors surged; services lagged.
WEEK 15 WITH ACCURATE SOLUTIONS
⫸ Capital Deepening Answer: More capital per worker (especially IT);
key productivity booster.
⫸ Productivity Spillovers Answer: Efficiency gains from logistics
software, ERP, inventory control.
⫸ Greenspan Fed Answer: Central bank regime focused on anti-
inflation credibility → long expansion.
⫸ Globalized Input Costs Answer: Offshoring + imports kept prices
low, raising real income.
⫸ Financial Deregulation Answer: Liberalized capital markets; fueled
investment & speculative behavior.
⫸ Telecom Build-out Answer: Massive fiber-optic and networking
investment characterizing the boom.
⫸ Downsizing / Rightsizing Answer: Cost-cutting layoffs of workers &
middle managers to flatten hierarchies.
⫸ Shareholder Value Revolution Answer: EPS, stock price, and
investor demands drive corporate decision-making.
, ⫸ Business Process Reengineering (BPR) Answer: IT-driven redesign
of workflows; eliminated managerial layers.
⫸ Managerial Displacement Answer: Software replaced "information-
broker" roles in Chandlerian firms.
⫸ Short-termism Answer: Focus on quarterly earnings over long-term
capability building.
⫸ Financial Engineering Answer: Buybacks, M&A, and restructuring
used instead of R&D/training.
⫸ TQM / Lean / Six Sigma Fads Answer: Management toolkits critics
saw as superficial "silver bullets."
⫸ Weak Human-Capital Investment Answer: U.S. firms underinvested
in training vs. German/Japanese models.
⫸ Noisy Productivity Data Answer: Uneven gains across industries +
slow wages + measurement limits.
⫸ Sectoral Concentration of Productivity Answer: IT-producing/IT-
using sectors surged; services lagged.
