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COMPARE AND CONTRAST 2 ECONOMIC THINKER: JOHN MAYNARD KEYNES AND FRIEDRICH HAYEK
Focus on one similarity, connection, or contrast between the two thinkers and discuss how the two thinkers agree or disagree in a certain area, or how one thinker is inspired by or influenced by the other.
Requirement: write each paragraph with only one main point, an opening sentence that convey that main point
Discuss the use of Incoterms in international trade. At a minimum, address aspects such as the value Incoterms bring to an agreement, the advantages or disadvantages of using a specific Incoterm, and what companies need to know when using Incoterms.
Select a large U.S. company (e.g., Walmart, Apple, Microsoft, etc.) and evaluate its managerial decisions in several different areas. Address all of the following areas, using section titles:
Provide an introduction and a conclusion. You may present a general purpose of your final paper and your writing plan in an introduction. A conclusion can be drawn from your discussion in the main body of your paper.
Describe the history of the company.
Evaluate the company’s products and primary markets, domestic and/or global.
Examine the company’s pricing strategies and nonpricing strategies to maximize its profit. Nonpricing strategies include advertising, product differentiation such as function, design, and/or model, enhanced service quality, etc.
Appraise any sources of risk or uncertainty in the company’s operations and decision making. You may need to clarify the difference between risk and uncertainty.
Assess any asymmetric information issues that the company experienced during the previous five years. What were the adverse selection and the moral hazard problems that the company encountered?
Analyze the principal-agent problems that the company may have. Begin your discussion with the definition of the principal-agent problem.
Evaluate if the company has any current issues that the CEO may want to resolve or improve.
Write a summary of Who’s Afraid of $100 Oil? article that states the author’s opinion, your opinion and the effect on economics
In your role as a consultant for Workplace Solutions Consulting, you are typically working at customer sites and from a home office when not on travel. You take advantage of technology to stay connected to your team and management to keep current on your project and developments at company headquarters.
We have initially explored the benefits and challenges inherent in being a remote employee on a virtual team for Workplace Solutions Consulting LLC in Discussion: Individual Personalities and Behaviors. Let’s turn our attention to the team dynamic of how individuals work together, blending skills, experience, and most important, personalities to achieve goals.
Your Task-For full credit please make sure you answer all 4 questions.
Part I
1 Using the Myers-Briggs Indicator methodology, what four letter code would best represent a personality best suited for this remote location/virtual team workplace situation?
2 Why?
Part II
3 How does the balance between individuality and conformity affect individuals in a team environment?
4 How much structure do you feel is appropriate for a successful team?
Part III
Considering the Big Five personality assessment model (OCEAN), to what extent do you believe these traits would be impacted if the work environment were to be changed to a strictly-structured physical workplace setting?
Compensation & Reward structures
It is increasingly difficult to hire employees, so organizations are looking at various ways to improve their compensation packages and remain competitive in addition to pay. Below are a variety of items that are considered part of a compensation/reward structure. In an ideal job (maybe not the one you are currently in), choose what would be your top three (3) and tell us why those three are important to you. Respond to two other posts.
Flexible Work Schedules
Remote Working Freedom
Paid Time Off
Life insurance
Pet Insurance
Childcare Benefit
Parental Leave
Retirement Savings
Introduction
In explaining the model of pure competition, we assumed for simplicity that all the firms in an industry had the same cost curves. Competition, as a result, only involved entrepreneurs entering and exiting industries in response to changes in profits caused by changes in the market price. This form of competition is important, but it is just a game of copycat because firms entering an industry simply duplicate the production methods and cost curves of existing firms in order to duplicate their above-normal profits. In this type of competition, there is no dynamism and no innovation, just more of the same.
By contrast, the most dynamic and interesting parts of competition are the fights between firms over the creation of new production technologies and new products. Firms have a strong profit incentive to develop both improved ways of making existing products and totally new products. To put that incentive in context, recall one fact that you just learned about long-run equilibrium in perfect competition. When each firm in a purely competitive industry has the same productive technology and therefore the same cost structure for producing output, entry and exit assure that in the long run every firm will make the exact same normal profit.
Directions
According to the basic model of pure competition, in the long run all firms in a purely competitive industry will earn normal profits. If all firms earn only a normal profit in the long run, why would any firms bother to develop new products or lower-cost production methods? Explain.
You are a new physician setting up your own practice in a new town. You are researching the different MCOs offered in your area and are considering becoming a physician for one of these networks. You have also invited the sales representatives of several health plans to speak with you about the benefits of choosing their plans.
Based on the above scenario, answer the following questions:
What effects would joining a MCO have on your clinic regarding staffing, patient volume, and financial stability?
What policies and procedures should be used by the MCOs to reduce costs for their clientele?
Discuss the ethical issues or concerns about MCOs providing a lower quality of care compared to traditional fee-for-service (FFS) organizations?
What are some of the questions you would ask each representative about his or her company’s specific plan that will help you make a decision?
Do you believe that the evolution of MCOs and consumer driven health plans (CDHPs) has affected the healthcare environment today by integrating the financing and delivery of healthcare services? If yes, how?
How have the roles and relationships between physicians and patients changed by each of these types of plans?
Topic: Canadian food industry
Please start from an economic point of view and refer to the theories on textbooks attached “Managerial Economics & and Business Strategy 9th Edition – Michael Baye”.
Please analyse the Canadian food industry based on the following items. The choice of industry must be approved by the instructor.
· Internal Rivalry within the industry
· Potential Entrants into the industry
· Suppliers’ Market Power
· Buyers’ Market Power
· Substitutes and Complements
The format of the research paper is APA format. All reference must be cited.
What is your vision of retirement?
Is it a place? Is it an age?
Is it a second career?
What do you need to do to achieve it?