Lesson 1 Discussion 2020 unread replies.2020 replies. Answer the following question(s): How can a SWOT analysis be used in order to identify areas of opportunity and improvement? How do the people of the organization factor in to future opportunities and improvements? Please provide examples in order to illustrate your response
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List 4 External Opportunities Sam's Club has and 4 External Threats Sam's Club has.
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ZARA
Unique personal experience at Zara. Have you ever shopped at Zara? What did you like about the store? What didn’t you like? How does Zara differ from its competition? If you’ve visited Zara locations in different countries, what differences did you notice in terms of offerings, price, or other factors?
2. The Gap’s business model. a. Where do the Gap clothes come from? Who makes them? Is this approach ethical? b. Why was Gap initially first in sales in the fashion industry? c. Why did it experience a crisis? d. What is the Fair Factories Clearinghouse? What services does it currently offer?
Section 2. 1. What is the role of IT in the Zara’s business model? a. The use of IT in design. b. The use of IT in manufacturing & logistics. c. The use of IT in stores.
Section 3. 1. What are the limitations/vulnerabilities of the Zara’s business model? 2. How can we improve it? 3. Does Zara have a sustainable competitive advantage from its IT systems? What can and cannot be copied by its competitors?
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Based on your knowledge on income elasticity of demand, normal good and inferior good, discuss the demand for luxury cars and bread (khubs) before February 2020 and after February 2020. Given today’s economic situation, would you advice the government to build more luxury car manufacturing plants or build green houses to produce food?
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it's the Heckscher–Ohlin Model, that's all the info I have. The answer can be general, thank you!
Use the shoe and computer example from the lecture notes, with shoe production using labor intensively and computer production using capital intensively. Examine the long-run impacts following a natural disaster that decreases the foreign country's population on
a) factor prices in the foreign country
b) production in the foreign country
what happens to the rentals on land and capital in the long run?
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Your uncle is pleased to hear you are taking macroeconomics; the whole financial crisis of 2008-2009 puzzled him. He was not happy about “bailing” out the banks. He is pretty good with graphs, so do not be afraid to use the IS-MP framework to explain the following:
How does the rapid decline of the housing market and the subprime implosion affect the macroeconomy?
Why the monetary policy was not being effective to stimulate the economy?
And why, pray tell, would we bail out the banks? Aren’t there potential long-run problems with doing this?
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Consider a perfectly competitive firm that produces output using
a wellbehaved production function y = f(x1,x2). Let the price of
output be denoted by p, the price of input 1 be denoted by w1, and
the price of input 2 be denoted by w2.
j) Suppose x2 is fixed at some level x2. Graph the
solution to the profit maximization problem where profit is maximized
by choosing x1. [Note that this profit maximization problem is the
short-run version of the profit maximization problem
(k) Suppose that our hypothetical firm operates in a perfectly
competitive industry with free entry and exit. How much profit can
the firm expect to make in the long run? Why? Explain your
answer.
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I need new and unique answers, please. (Use your own words, don't copy and paste), Please Use your keyboard (Don't use handwriting) Thank you..
a. Describe in your own words the concept of market power.
b. Provide an example of a firm exercising its market power.Referring to your example above, answer the following questions:
c. Answer the question below in your conclusion:
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Describe the Cochrane-Orcutt Iterative procedure to correct for first order autocorrelation in the model Yt = B0 + B1X1 + B2X2 + ut
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In this discussion board contribution, your task to think more carefully and applied concerning the Aggregate Demand and Aggregate Supply framework. Suppose that for some reason, there is a fall in Aggregate Demand from a position that a reflected long-run full employment output (the “natural rate of unemployment”).
If this decrease in Aggregate Demand had been anticipated by all market participants, would there be any negative affects on the levels of aggregate output and employment, and why? How would the required adjustments have come about? But suppose that there is an unanticipated increase in Aggregate Demand, what will be the short-run and long run effects – why and through what changes?
In both the anticipated and unanticipated situations, what would happen to the general price level in these processes?
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1. For each of the following pairs of goods, which good is expected to have the more price elastic demand?
[i] Milk [all brands, grades] or President's Choice Cola [a generic brand of cola]
[ii] Cell phone usage or matches
[iii] Restaurant meals or food [generally defined]
[iv] Auto gas during the next 3 months or during the next 3 years
2. In the United States in 1916, the Ford Motor Company sold 500,000 Model T fords at a price of $440. Henry Ford, the founder of the Ford Motor Company, believed he could increase sales of the Model T by 40,000 cars if he cut the price to $400.
[a] Use the provided information to calculate the anticipated price elasticity of demand [PED] for the Model T Ford.
[b] Based on your calculation in [a], did Henry Ford believe demand for the Model T was elastic or inelastic?
[c] Based on your calculation in [a], if Henry Ford wished to increase total revenue from Model T sales, should he have increased or decreased price?
3. [a] A recent study found that the cross-price elasticity of demand for marijuana and beer is –
0.63. In light of this result, are marijuana and beer complements or substitutes?
[b] The income elasticities of demand for movies and clothing have been estimated to be +3.4
and +0.5, respectively. What do the associated numerical values imply about the items?
4. Which good do you expect would you expect to have a smaller price elasticity of supply in the short term – baby-sitting services or rental accommodation?
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For this discussion, imagine you are Garry Kelly and answer the following:
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ESSAY ON
Societal, cultural, religious similarities and differences between the United States and Ireland
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"Compare and contrast the output and pricing decisions of monopolistically competitive firms with those of perfectly competitive firms."
Your response should be no less than one page long, size 12 font, and double spaced.
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