Get customized paper on any of these assignments, free of plagiarism & AI content.
Week 1 Discussion – Problem-Solving and Post-Investment Holdup
103 Unread replies119 Replies
Preparation
In this week’s discussion, you will be asked to review a selection of scenarios and discuss how they may be exemplifying the concept of the post-investment holdup, in addition to other economic concepts, such as sunk and stranded costs. To be prepared to complete this discussion, make sure you have completed your textbook readings, especially Chapter 5.
If you need further information regarding holdup problems, refer to the following:
Your instructor may post additional resources to help further explain concepts related to this week’s discussion.
Context
In Chapter 5 of Managerial Economics, Froeb discusses post-investment holdup as a sunk cost problem associated with contract-specific fixed investments. The modern theory of contracts is sometimes called the theory of joining wills, which simply means when parties make an agreement, they are joining together to complete an endeavor of mutual interest. The problem with all contracts that endure over time is that not all potential challenges can be anticipated. The idea of joining wills is that parties will attempt to seek accommodations to advance their mutual interest so long as the return on the invested activity pays off. Froeb illustrates the idea by the example of marriage as a contract.
Instructions
Review the three scenarios below. Look for which, if any, of these scenarios presents an example of post-investment holdup.
- Your firm conducted a search for a new chief financial officer and hired a highly qualified candidate with a yearly salary of $250,000. After six months, the person left to join another firm.
- Your firm has an exclusive contract to assemble automobile seats for several luxury models. Almost 100% of the materials are imported and, of those, over 50% include parts manufactured in China. All the prices of the parts from China increased by 25% when the United States imposed tariffs on China. Your company has informed all its customers that increased costs must be passed on for your firm to continue supplying the seats. All your customers reluctantly agreed to pay the additional cost.
- Your company took note of your progress toward your MBA, and when the director for customer services left the company, you were asked to take over as interim director. You were encouraged to apply for the full-time position once you got your MBA. You served for 13 months, at which time your company was acquired by another company and your position was abolished.
Week 1 Activity – High Growth Thinking Exercise
Unlimited Attempts Allowed
Available after 1 Oct 2023 0:00Available after 1 Oct 2023 0:00
Under every topic we cover in this course, we will be looking for the incentive that drives decisions.
For this week’s HGTE, view the short clip from the Live Lesson video and read the short excerpt from Luke Froeb.
Managerial Economics: A Problem-Solving Approach, by Luke Froeb et al.
Dr. Froeb absolutely agrees with Jon. “Problem-solving proceeds in two steps. First, reduce a problem to a bad decision, and then figure out who made it and why. Second, figure out how to ensure that the bad decision won’t be made again. Both steps require a model of how people behave. We use the “the rational actor” paradigm, which assumes that people act rationally, optimally, and in their self-interest. Under this paradigm, bad decisions are made for one of two reasons: (i) either decision-makers do not have enough information to make good decisions, or (ii) they lack the incentive to do so. Incentives have two pieces: a metric to measure how well an employee is performing, and a link from pay to performance.”
Answer the following question(s) in a 1 page (minimum) paper:
- Describe what economic incentives are, and identify at least 3 incentives you have experienced.
- Discuss how they influence businesses and entrepreneurs.
Format your work according to Strayer Writing Standards. The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
Week 2 Discussion – Economies of Scale and Scope
81 Unread replies106 Replies
Preparation
If you need further information regarding Economies of Scale vs. Economies of Scope, refer to the following:
Your instructor may post additional resources to help further explain concepts related to this week’s discussion.
Context
The focus of this discussion is on understanding the differences between economies of scale and economies of scope. What are the key differences? Use these concepts to determine whether gains from economies of scale or gains from economies of scope were the principal reason behind a merger or acquisition.
Also, see the help provided in the discussion preparation.
Instructions
Select one of the mergers and acquisitions below. Consider whether the merger/acquisition was about scope or scale economies.
- Sirius XM acquired Pandora.
- The acquisition of Credit Karma by Intuit.
- The merger of Strayer University and Capella University formed SEI.
Post a Response
For your chosen case, address the following in your discussion post:
- Explain how economies of scale and scope differ.
- Describe how growth in the case you selected is created from either an economy of scope or scale.
Week 2 Activity – High Growth Thinking Exercise
Unlimited Attempts Allowed
Available after 1 Oct 2023 0:00Available after 1 Oct 2023 0:00
For this week’s HGTE, view the Live Lesson video short clip.
Answer the following question(s) in a 1 page (minimum) paper:
- Discuss how large size can be a hindrance for a business.
- Describe how a company can have a competitive advantage without scale.
Format your work according to Strayer Writing Standards. The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
Week 3 Discussion – Cost-Push Inflation and Impact on Company Profits
94 Unread replies109 Replies
Preparation
If you need further information regarding Price Elasticity, refer to the following:
Your instructor may post additional resources to help further explain concepts related to this week’s discussion.
Context
In this week’s discussion, you assume the role of CEO of a company. In anticipation of the upcoming quarterly disclosure of profits, you prepare your Board of Directors for the pressure that cost-push inflation is having on profits. There will be some erosion of profits.
Instructions
For this discussion, assume the role of CEO of one of the following hypothetical companies:
- All America Grocery Inc. We serve communities in the middle of the income market, providing low prices for all basic grocery needs. Our modest-income consumers expect good deals on good quality foods. The Covid-19 pandemic has put upward pressure on the price of everything we sell. Cost-push inflation from multiple sources is impacting our operating costs and our cost of goods. We are both fortunate and unfortunate that the price elasticity of demand for food is .20.
- Very Big US Auto. Very Big US Auto is one of the oldest and largest manufacturers of autos in the United States. Very Big US Auto has an international supply chain and is highly dependent on components manufactured abroad and assembled in the United States. Costs are rising in all aspects of production across the industry. Very Big US Auto is seeing inflationary pressure in everything we use: labor, materials, components, and computer chips. On the demand side, Very Big US Auto knows that demand is relatively elastic, with a price elasticity of demand of 1.2. But we also know that the pandemic has made some transportation substitutes less acceptable.
- Big Time Entertainment. Big Time Entertainment is a nationwide firm providing movies, concerts, arcades, and other in-person entertainment venues such as bowling and roller skating. Our operations have been heavily impacted during the Covid-19 pandemic, including continuing limits on the number of guests and new costs associated with safety measures for both staff and customers. We are now reopening but facing continued cost-push inflation. We also face uncertainty as to the potential for additional shutdowns. Customers are fearful, and the guidance on operating our facilities means we are operating far below our optimal number of patrons to cover the higher cost of everything. The price elasticity of demand is 1.6, and we are also faced with competition from online entertainment and gaming, which are not experiencing many of these cost pressures.
Post a Response
In your discussion post, address the following prompts within the context of your chosen hypothetical company of which you are the CEO:
- Is the demand curve for your product relatively elastic, inelastic, or unitary elastic? Demonstrate this for your company’s product by how much the quantity demanded will change if you pass on the 10% increase in cost. In other words, prepare a forecast showing by what percentage the quantity demanded will change if your prices are raised by 10%. You must provide calculations showing the percentage change in quantity demanded.
- Will you pass on most or all of the cost increase to your customers? Why or why not?
Week 4 Discussion – The Constant Fight for Profitability: Market Structure and Porter’s Five Forces
79 Unread replies119 Replies
Preparation
Monopoly power is the ability of firms to create product differentiation, and if that product differentiation is accompanied by a high cost of entry into the market, then firms have greater leverage to raise prices. To prepare to complete this week’s discussion, review the following resource:
Your instructor may post additional resources to help further explain concepts related to this week’s discussion.
Context
For this week’s discussion, the focus will be on examining Porter’s Five Forces as a tool for looking at the pressures on profits.
Specifically, how does Porter’s analysis examine the stress on profits from all directions and all dimensions of a firm’s environment? You will be applying this tool by specifically looking at the market structure in which a firm competes. You will need to be able to distinguish an oligopoly from a monopolistic competitive market structure.
Post a Response
In your discussion post, address the following:
- Choose one of the following groups and use Porter’s Five Forces to analyze the pressures on profits for your chosen group’s firms.
- Group 1: Firms in the retail sector (e.g., Amazon, Walmart, Target, Kohl’s, Sears, Macy’s).
- Group 2: Firms in the wireless services industry (e.g., Verizon, AT&T, Sprint/T-Mobile; focus on telecommunication services, not on the sale of phones).
- For each group determine and explain whether the group is monopolistic competitive or an oligopoly. Be specific in which market structures the firms operate.
- Choose one of the firms from one group.
- Using Porter’s analysis, what are the threats to profitability faced by the firm? This would be a great time to expand your research skills by checking out the firm’s investor relations page or by using some of the material from the vast collection of business databases at the Strayer Library.
Week 5 Discussion – Price Discrimination: The Path to Additional Profits?
104 Unread replies118 Replies
Preparation
Are you still unclear about the goal of price discrimination or what we mean by price discrimination? The following video provides an interesting application and may be useful in helping to formulate your discussion post for this week:
Your instructor may post additional resources to help further explain concepts related to this week’s discussion.
Context
The idea that transactions in a marketplace work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price, they are happy with the deal. There is no coercion. If the person really does not like the deal, they simply walk away.
This week’s discussion will give you an opportunity to explore direct and indirect price discrimination within the context of a hypothetical scenario.
Instructions
For this discussion, use the following hypothetical scenario as the basis for your response:
- Your business partner is strongly opposed to your proposal to charge your largest customers lower prices for your web-based services than what you charge your smaller customers. She is arguing it is unethical, unfair, and possibly illegal.
Post a Response
Address the following in your discussion post:
- Make the case that both groups of customers will be satisfied with the deal and that this is a perfectly legal form of pricing in a business-to-customer relationship.
- To what degree is this type of price discrimination?
- How will the plan increase revenue?
- Why will both groups of customers be satisfied with the deal?
- Why is this a legal form of pricing?
- Use evidence from your textbook or other reputable sources, including any help in the discussion preparation, to support your case to your business partner.
Week 6 Discussion – Game Theory: Sequential Games are Played in Business All the Time
70 Unread replies93 Replies
Preparation
The following video is about many of Cournot’s contributions. Pay attention to the demonstration here of the Cournot Duopoly as a Nash equilibrium. The video nicely illustrates this complicated model with pictures—no math! This is exactly the game we play in this week’s discussion.
Your instructor may also post additional resources to help further explain concepts related to this week’s discussion.
Context
In our Managerial Economics textbook, we consider a sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm (see Figure 15-1). There are several possibilities of how this sequential game will be played. We want to use the Froeb rule of “look ahead and reason back.”
Post a Response
For your discussion post, use Figure 15-1 from the textbook as your starting point to address the following:
- Play and analyze the game. Can, and how does, the entrant succeed? Is the incumbent ever in control of this game? What is the Nash equilibrium?
- You may wish to review the old game known as Duopoly, as well as Antoine-Augustin Cournot, to help inform your post.
Week 7 Discussion – Market Failure
70 Unread replies100 Replies
Preparation
To prepare to complete this week’s discussion, review the following resources on risk vs. uncertainty:
Your instructor may also post additional resources to help further explain concepts related to this week’s discussion.
Context
You will need to understand Asymmetric information and Imperfect information to complete the discussion.
- Asymmetric information is where one party in the transaction has more information than the other party in the transaction.
- Imperfect information is a situation in which neither party has perfect information about the good/service being exchanged in a transaction. Such goods and services are sometimes referred to as “experience goods.”
Asymmetric information and/or imperfect information can cause two forms of market failure:
- Adverse selection, or
- Moral hazard.
Post a Response
In the late 1990s, car leasing was very popular in the United States. A customer would lease a car from the manufacturer for a set term, usually two years, and then have the option of keeping the car. If the customer decided to keep the car, the customer would pay a price to the manufacturer, the “residual value,” computed as 60% of the new car price. The manufacturer would then sell the returned cars at auction. In 1999, the manufacturer lost an average of $480 on each returned car. (The auction price was, on average, $480 less than the residual value.)
For your discussion post, address the following within the context of the above scenario:
- Why was the manufacturer losing money on this program? Was this a problem of adverse selection or moral hazard?
- What should the manufacturer do to stop losing money? Will rational actors use rules of thumb?
Week 7 Assignment – Case Study: Dynamic Pricing – Strategies for Enhancing Pr…
Overview
Dynamic pricing is a collection of pricing strategies used by firms and organizations to enhance profits. You will begin by exploring pricing techniques that operate in the market in real time. Then you will explore how auctions are employed in the search to find the value of goods and services.
The following is a great resource for additional research to complete your assignment, see Chapters 11 and 12.
For your convenience, the following resource is provided by the Strayer Library at no cost. Links to the online library resources are also available in Canvas via the Course Information page. You may also search by title in the online Strayer Library.
- McAfee, R. P. (2009). Competitive Solutions: The Strategist’s Toolkit. Princeton University Press.
Instructions
Write a 5-7 page paper in which you:
- Compare and contrast surge versus congestion pricing. Provide a specific example of each currently in use.
- There are many types of auctions, each with strengths and weaknesses in uncovering the real price/value of an item. Compare and contrast how each of the following uncovers value and provide a specific example of how each uncovers value:
- The English auction and the Dutch auction.
- The sealed-bid first-price auction and the Vickery Auction.
- Auctions are widely used. Analyze an actual auction employed by each of the following:
- A state or federal government or an agency of a state or federal government.
- A for-profit business.
- For each, explain what type of auction is employed and how the auction solves the problem of finding the best price for the good or service.
- Read the Letter from Senator Warren to Fed on Wells Fargo FHC Status
- Links to an external site.[PDF].
- Explain how an auction to sell the Wells Fargo consumer-facing banking division might be used to determine the value of the division.
- Include a recommendation on what type of auction might be used.
- Use five sources to support your writing, and include a minimum of three quality resources. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment.
This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
Week 8 Discussion – The Problem of Asymmetric Information and Moral Hazard
99 Unread replies110 Replies
Preparation
This week’s discussion will focus on asymmetric information, moral hazard, and adverse selection. Sometimes there can be confusion as to these terms’ meanings and connections. To prepare for the discussion, watch the following videos:
Additionally, review the following:
George Akerlof shook much of the economic world and won the Nobel Prize for asking: What if everybody who is a party to an economic transaction doesn’t have the same information?
You may remember one of the basic assumptions of competitive markets is that buyers and sellers have perfect and identical information. There is a similar assumption for imperfectly competitive markets that information can be obtained at little or no cost. For a huge number of markets, neither of these is even close to true. When information is not the same on both sides of the market—or when it is very hard or costly for the unknowing party to gain parity of information—we are likely to find market failure called “adverse selection” or “moral hazard.”
Your instructor may also post additional resources to help further explain concepts related to this week’s discussion.
Context
For this discussion, your focus will be on what asymmetric information, moral hazard, and adverse selection have to do with corporate hiring staff accountants.
Also, see the help provided in the discussion preparation.
Instructions
Consider the following statement:
- Many corporations require all staff accountants to hold not only a degree in accounting but also to have a CPA license. There is a substantially higher cost to hiring CPAs.
Week 8 Quiz – Problem Set 3
Question 1
20 / 20 pts
Tying as a Bundling Strategy
Q1 Table | ||
Ginnie’s Gym Refreshment Bar | ||
Hydration Power Drink | Satisfying Smoothie | |
Early | 7.00 | 5.00 |
Late | 6.00 | 10.00 |
Ginnie has observed that her signature item, the Satisfying Smoothie, is very popular with the late-evening crowd at the gym, but it is not so popular with the early crowd. The early and late crowds have only slightly different preferences for her Hydration Power Drink. The gym has a very large clientele, and Ginnie can’t always tell who has the late-crowd preference and who has the early-crowd preference. In her graduate MBA class, they have been studying tying as a bundling strategy. Ginnie asked her professor, “Would bundling work for my business?” Her professor said, “I think you told me that the marginal costs for your two products differ significantly, so first, I would recommend that you look at the contribution margin for each. Sometimes, low prices may be more profitable, and sometimes high prices will be more profitable, especially when there are large differences in the price elasticities of demand. Second, think about the example of the Happy Meal. People are really there for the hamburger, and the company is leveraging that one item to sell other parts of the menu. What is your lead product, the item customers can’t get elsewhere?”
The MC for Hydration Power Drink is $1.00. The MC for the smoothie is $4.00. What is the contribution margin at each price for each product?
- Hydration High Price contribution margin is
- Hydration Low Price contribution margin is
- Smoothie High Price contribution margin is
- Smoothie Low Price contribution margin is
Answer 1:
6
Answer 2:
5
Answer 3:
6
Answer 4:
1
Great job on the calculation.
Question 2
17 / 20 pts
Please explain how you determined the bundle prices, net profits, maximum profit from pure bundle policy and maximum profit from tying policy.
Continuing the analysis of Ginnie’s Gym Refreshment Bar:
Q2 Table | ||||
Hydration Power Drink | Satisfying Smoothie | Bundle Price | Net Profit | |
Early | 7.00 | 5.00 | ||
Late | 6.00 | 10.00 |
- Calculate the bundle prices and net profits. (10pt)
- Determine which bundle price will maximize net profit. Show the steps to support the conclusion. (5pt)
- Determine the net profit from a tying strategy. Show the steps to support the conclusion. (5pts)
Question 3
8 / 8 pts
You have developed a self-study certification system for those who need credit hours for recertification by your state’s social welfare office. The system operates at virtually no cost, i.e., there is no marginal cost. A marketing research team has assembled the following sales information.
You are researching the options for pricing the courses. Your goal is to achieve maximum revenue to establish funding to maintain and update the system to reflect annual policy changes in licensing requirements.
Complete the calculations for Total Revenue by determining how many customers will purchase at each of the segment prices.
Online Self Certifications for Social Work License | |||||||
Certification in Online Counseling | Certification as a Group Home Counselor | Bundle | |||||
Customers | TR Counseling | TR Group Home | TR Bundle | ||||
Segment 1 | 1000 | $190 | $70 | $260 | 4a | ||
Segment 2 | 1000 | $150 | $90 | $240 | 4b | ||
Segment 3 | 1000 | $95 | $160 | $255 | 4c | ||
Segment 4 | 1000 | $35 | $195 | $230 | 4d |
Answer 1:
190000
Answer 2:
280000
Answer 3:
300000
Answer 4:
270000
Answer 5:
285000
Answer 6:
320000
Answer 7:
140000
Answer 8:
195000
Great job on the calculation.
Question 4
4 / 4 pts
Continuing with the Table of Certificate Programs, complete the calculations for Total Revenue by determining how many customers will purchase at each of the segment’s bundle price.
Online Self Certifications for Social Work License | |||||||
Certification in Online Counseling | Certification as a Group Home Counselor | Bundle | |||||
Customers | TR Counseling | TR Group Home | TR Bundle | ||||
Segment 1 | 1000 | $190 | a | $70 | e | $260 | |
Segment 2 | 1000 | $150 | b | $90 | f | $240 | |
Segment 3 | 1000 | $95 | c | $160 | g | $255 | |
Segment 4 | 1000 | $35 | d | $195 | h | $230 |
Answer 1:
260000
Answer 2:
720000
Question 5
11 / 11 pts
Using the Online Self Study Certifications table, answer the following question:
At what individual price would the revenue be maximized for the Certification in Online Counseling? Explain/support your answer based on the calculations in question 3.
Your answer:
Question 6
11 / 11 pts
Using the Online Self Study Certifications table, answer the following question: At what individual price would the revenue be maximized for the Certification as a Group Home Counselor? Explain/support your conclusion based on the calculations in question 3.
Your answer:
For the group home, the revenue maximizing price is $160. Customers in segment 3 and 4 will afford the course bring the revenue to 2000*160=$320,000.
Question 7
10 / 10 pts
Using the Online Self Study Certifications table, answer the following question:
What is the maximum profit from individual pricing?
Great job on the calculation.
Question 8
11 / 11 pts
Using the Online Self Study Certifications table, answer the following question:
If you employed pure bundling what would be the maximum total revenue? Explain/support your conclusion based on the calculations in question 5.
Your answer:
The maximum total revenue
PreviousWeek 8 Discussion – The Problem of Asymmetric Information and Moral Hazard
Week 8 Activity – High Growth Thinking Exercise
Due: Mon, 27 Nov 2023 9:00Due: Mon, 27 Nov 2023 9:00
17.98/20 Points
Unlimited Attempts Allowed
Available after 6 Nov 2023 0:00Available after 6 Nov 2023 0:00
For this week’s HGTE, view the Live Lesson short clip and read the short excerpt from Joseph Schumpeter.
“Capitalism, Socialism, and Democracy are much more than a prognosis of capitalism’s future. It is also a sparkling defense of capitalism on the grounds that capitalism sparks entrepreneurship. Indeed, Schumpeter was among the first to lay out a clear concept of entrepreneurship. He distinguished inventions from the entrepreneur’s innovations. Schumpeter pointed out that entrepreneurs innovate not just by figuring out how to use inventions but also by introducing new means of production, new products, and new forms of organization. These innovations, he argued, take just as much skill and daring as does the process of invention.”
—Joseph Schumpeter
“Innovation by the Entrepreneur” argued Schumpeter, leads to gales of “creative destruction” as innovations cause old inventories, ideas, technologies, skills, and equipment to become obsolete. The question is not “how capitalism administers existing structures,…[but] how it creates and destroys them.” This creative destruction, he believed, causes continuous progress and improves the standards of living for everyone.” Joseph Alois Schumpeter, 1883-1950
In terms a little more modern than Shumpater’s, Dr. Abhijeett Desai explains that the predominant form of innovation can look disruptive, but is, in fact, transformational innovation. Explore Dr. Desai’s thinking in Transformative Innovations vs. Disruptive Innovation
Address the following statement in a 1-page (minimum) paper:
- Identify at least one recent innovation in any industry and explain if that innovation was disruptive (per the definition Jon gives) or transformational.
Week 9 Discussion – The Principle-Agent Problem: Understanding Motivation to Manage Incentive
70 Unread replies90 Replies
Preparation
Review the following to prepare for the discussion:
- Fed Won’t Lift Wells’ Growth Cap Until Deficiencies Are Fixed: Powell.
- Letter From Senator Warren to Fed on Wells Fargo FHC Status [PDF]
Your instructor may also post additional resources to help further explain concepts related to this week’s discussion.
Context
On September 13, 2021, Senator Elizabeth Warren sent FED Chair Jerome Powell a letter [PDF]
In the letter she wrote “Under Janet Yellen’s leadership, the Fed placed Wells Fargo under an asset cap in 2018 due to its ‘widespread consumer abuses and other compliance breakdowns.’In the more than three years since then, numerous additional revelations have surfaced about Wells Fargo’s continued unethical and anti-consumer conduct. These new revelations have once again made clear that continuing to allow this giant bank with a broken culture to conduct business in its current form poses substantial risks to consumers and the financial system.” Senator Warren goes on to ask that the Fed revoke Wells Fargo’s status as a financial holding company. The action would require Wells Fargo to separate its consumer bank subsidiary from its other financial activities.
Wells Fargo is an enormous financial services company with $1.9 trillion in assets. It serves 1 in 3 U.S. households and 10% of U.S. small businesses.
Links to an external site., it cites progress achieved under the new CEO, Charles Scharf, including:
- Three business groups have been split into five.
- It has created four new functions to provide greater oversight and transparency.
- It has brought on board 10 new operating committee members out of the total committee of 17.
- It has created a new team design to facilitate oversight of consumer practices.
- It has created a new enterprise-wide risk assessment with the intent to design new controls.
- It has “implemented a new incentive plan for bank branches that is governed by stronger oversight and controls and focused on customer relationships.”
Instructions
The Fed continues to maintain that Wells Fargo has not done enough to rein in the incentive failures that revealed the frailty of its corporate governance. We have seen that several of the largest conglomerates in the United States have decided that it is time to divide their agglomerated groups into smaller units for focus and function. Johnson & Johnson will separate its consumer products division and its pharmaceutical division. GE will divide into three units: aviation, energy, and healthcare. Is it time for Wells Fargo to separate its consumer banking business from its other enterprises?
Post a Response
Address the following in your discussion post:
- What is the principal-agent problem?
- What is the role of corporate governance?
- How is corporate culture different than governance?
- Can incentive systems align culture with governance?
Week 9 Activity – High Growth Thinking Exercise
Unlimited Attempts Allowed
Available after 13 Nov 2023 0:00Available after 13 Nov 2023 0:00
For this week’s HGTE, view the Live Lesson short clip.
Choose one of the following topics and address the potential impacts and ethical issues in a 1 page (minimum) paper:
- Discuss crypto currency and blockchain technology and how they might impact the economy.
- Discuss some of the ethical considerations associated with AI and Automation and the impact they may have on the economy.
Format your work according to Strayer Writing Standards. The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
Week 10 Discussion – Applying Froeb’s Analytic Method
62 Unread replies92 Replies
Preparation
This week’s discussion will ask you to apply Froeb’s analytic method to a real-life example. Part of this example is related to the Robinson-Patman Act. Review the following to prepare for the discussion:
Your instructor may also post additional resources to help further explain concepts related to this week’s discussion.
Context
This week’s discussion will provide you with an opportunity to apply Froeb’s analytic method.
Keep the following in mind:
- Who made the bad decision?
- What information did they have? Was it good, bad, or unclear?
- What was their incentive?
Instructions
Read the following and then respond to the discussion prompt:
- Intel made large loyalty payments to HP in exchange for HP buying most of its chips from Intel instead of rival AMD. AMD sued Intel under the antitrust laws, and Intel settled the case by paying $1.25 billion to AMD.
Post a Response
Address the following in your discussion post:
- What incentive conflict was being controlled by these loyalty payments?
- What advice did Intel ignore when they adopted this practice? (Consider how the Robinson-Patman Act applies to their practice.) Speculate why Intel ignored the advice.
Week 10 Assignment – Case Study: Dealing with Risk and Uncertainty
Overview
In this case study assignment, you will select a company or organization of your choice that has been dealing with risk and uncertainty within the last six months. Then you will determine solutions to organizational problems that take into account principles of risk management to improve operations and profitability.
Instructions
Write a 6–8 page paper in which you:
- Evaluate a selected company’s or organization’s recent (within the last six months) actions dealing with risk and uncertainty.
- Recommend advice for improving risk management and provide justification for the recommendation.
- Examine an adverse selection problem the company/organization is facing and recommend how it should minimize the negative impact of adverse selection on transactions.
- Determine the ways the company/organization is dealing with the moral hazard problem, and suggest best practices used in the industry to deal with moral hazard.
- Describe a principal-agent problem in the company/organization and evaluate the tools the company/organization uses to align incentives and improve profitability/efficiency.
- Examine the organizational structure of the company/organization and suggest changes to improve the overall profitability/efficiency. Explain why those changes would result in an improvement in profitability.
- Use five sources to support your writing, including one published within the last six months about the risk and uncertainty the company has faced. At least three of the sources must be quality resources. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment.
This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
Week 11 Discussion – You’re Almost There!
17 Unread replies25 Replies
Wow! You made it to the end. But it is not over. There is one more task. Give us feedback. We genuinely use this feedback to improve the course. Thanks!
Context
You will be graduating as a colleague in professional management. Welcome to the small group of the population with a graduate degree; only 13.1% of the U.S. population over the age of 25 hold a master’s or professional degree.
Number of People with Master’s Degrees and Doctoral Degrees Doubles since 2000.
Post a Response
I do hope that we have fulfilled the promise that this course would be talking about what is right out of the business news.
Reflect on the following:
- What did you learn?
- How did/will you apply it?
- Where did you struggle?
- How did you grow?
MANAGERIAL ECONOMICS & GLOBALIZATION
Details available on Every Question
Need Help on any of the Topics? CONTACT ME
+254746999135 | |
profsupreme5@gmail.com | |
Discord | discord.com/supremeprofessor |
Website | supremeprofessor.com |
Do you want an A in any of the Assignments?