Describe the various forms of behavioural segmentation and describe the emergence of the global teens and global elites’ segments.

the limitations to freedom for slaves, [free blacks,] and white women" during the Age of Reform. Also, discuss "how ... women's participation in the abolitionist movement enable[d] them to raise issues of their own natural rights and freedoms

How does money enable specialization and exchange to occur?

Suppose that the demand for cars in Australia is given by

Q= 400 – 0.4P, and the supply is given by Q= 0.4P.

A. Illustrate the market equilibrium on a graph. (Calculate and clearly label the equilibrium price and quantity.) (Draw your graph on a piece of paper, take a picture with your phone and then attach the image to your answer here.)

B. Calculate the consumer surplus, producer surplus and total economic surplus of the market when it is in equilibrium.

C. The Australian Government, wanting to protect consumers, imposes a price ceiling of $125. Using your graph, show and explain how this this intervention will affect the quantity supplied and demanded in this market.

D. Illustrate on your graph the consumer surplus and the deadweight loss in this market with the price ceiling. Overall, has the policy made consumers better or worse off? Are all consumers better off? Explain your answer.

Q1. What would happen to relative value of US dollar and Japanese yen if Japan raises its interest rate? Explain the process.

Q2. A Japan-made flash driver is sold at ¥ 10,000 in Japan and sold at $100 in the US market. A US-made flash driver is sold at $100 in the US and ¥ 10,000 in Japanese market now. What would happen to the price of imports and exports in Japan and the US if Japan declares 10% revaluation of Japanese yen? What would happen to the trade between two countries? Explain it.

Because the chairs of the Federal Reserve Board can have an enormous impact on policy decisions of the Fed and thereby the economy, their selection has been the subject of great political interest. Politically motivated monetary policy could be a ruinous economic policy. Previous Fed chairs have understood their functional independence from congressional interference depends on the apolitical nature of their decisions. What would the economic consequences be if this balance was upset by a president who nominated a Fed chair dedicated to protecting the president’s political party?

(a) Globalization of markets is the phenomenon where consumer’s preferences and tastes across different societies converge into a global norm. How does this phenomenon lead to the merging of historically distinct and separate national markets from the perspective of international businesses?   

Answer:

(b) Identify and explain how specific advances in communication and transportation technologies over the past decades have driven globalization of markets?

Answer:

(c) How does globalization of markets for a product or service benefit existing consumers?

Answer:

(d) Usually gains from international trade accrues to all countries irrespective of their size. However according to one specific trade theory, it is especially crucial for smaller economies (i.e. those with relatively small domestic markets) to embrace international trade. Identify this trade theory and explain the rationale (according to this theory) behind the increased necessity of smaller economies to embrace international trade?

Introduction to Business

1. Describe the benefits of using contingent workers/temporary employees from the perspectiive of the worker AND the company.

2. Recently, an economist at the Universtiry of Maryland stated that traditional cycles of the U.S ecomony (e.g. recession, depression, recovery, boom) may not be as predictable because of the evolution and change in the sectors of the economy. What is his rationale for making this statement.

Coca-Cola is a well-established consumer products company with a strong position in the global market. The sales of its core soda products have remained relatively stable for decades, yet the company has continued to grow and has remained extremely profitable. Discuss coca-Cola's history in light of the statement that " generating a steady stream of new products to market is extremely important to competitiveness." Does Coca Cola's success disprove that statement? Is the company an exception to the rule or an example of its application?

Provide 300 words in response to this discussion posting:

When operating within a significantly competitive global market, the ability for a company to adapt and respond to customer demands can be incredibly challenging in a market such as the food and beverages industry. The Coca Cola Company has been a global leader in the industry through sales of their traditional soda brand, but offer different products including seltzer water, tea and juices. Having been producing their standard Coca-Cola brand of soda since the 1800’s during a time when there were few alternatives, generations of consumers have been familiar with the company and the brand, some of which have grown up with the drinks and consequently developed brand loyalty to the products. The consistency with which Coca-Cola has produced their drinks, with a keen focus on marketing to local country’s specific tastes and habits, has helped maintain a strong and consistent demand for their products.

Contrasting to the comment on sustainability and level of competitiveness are tied in with generating new products, Coca Cola’s success is not inherently a disproval of that notion but shows how success can be attained through strong brand recognition, targeted and strategic marketing, and brand appeal. While competitors, including their largest and most direct competitor PepsiCo, identify new brands and food types to offer consumers, Coca Cola’s sodas and ancillary products are valuable enough to their customers to achieve consistent global success. Their core products are strong enough on their own to continue marketing without the need to constantly innovate for the sake of innovation. One innovation of the company’s that is typically noted as a disaster in marketing was the introduction of New Coke in the 1980’s, which was a re-branding of the product with a new flavor of soda to resemble their PepsiCo competitor’s flavors. The new drink misunderstood what customers enjoyed about their standard Coca-Cola soda: they either preferred the taste of normal Coke compared to Pepsi, or already had Pepsi and did not need another identical-tasting flavor. Coca-Cola’s competitive advantage was simply offering a high-quality and consistent soda.

Through their consistency, Coca-Cola can maximize their productivity. By creating a similar set of products for over a century, the firm can generate novel cost-savings methods that produce goods quicker and at a cheaper cost, save costs in transportation spend, and reach consumers for consistent brand awareness through novel marketing tactics. Coca Cola’s access to consistent revenue flows allows them to develop new methods to maintain a high-efficiency operation, minimizing workload to produce the maximum amount of product as possible. When considering the need to supply products globally, partnering with distributors and transportation firms that can maximize that efficiency can also help to reduce costs of transporting freight to and from warehouses. The sheer volume of production that the Coca Cola Company can produce helps them to leverage competitive packages from vendors, which will help generate additional savings by partnering with strategic business partners to optimize their transportation network. Smaller firms that are do not have the luxury of such significant brand recognition would struggle to compete against a company with the optimization Coca Cola has achieved in producing their drinks.

I believe, in typical market conditions, that a company should have to react and identify new opportunities to address the demands of a rapidly changing and growing marketplace. To remain relevant in any industry, few firms can sustain consistent growth without a flagship product that has seemingly transcended consumer “wants” to a “need” like Coca Cola enjoys. With strong brand identity and loyalty, it would be very difficult and take years of regression for Coca-Cola Company to experience a significant loss of market share to an up-and-coming competitor and would most likely have the capital to acquire that firm prior to losing too much market share to them. The ability to offer a very specific but very valuable core group of products allows the Coca Cola Company to focus their efforts on maximizing efficiencies and reducing overall costs on the products they create, rather than spending resources to develop or identify new offerings that may jeopardize their productivity or alienate their core consumer.

Suppose consumers' disposable income increased by $341 billion and their spending increased by $299 billion. What was the MPC?

Suppose the government increases education spending by $30 billion. If the marginal propensity to consume is 0.90, how much will total spending increase?

The Cradle to Cradle (C2C) concept is a system of thinking based on the belief that industry can be transformed into a sustaining enterprise—one that creates economic, ecological, and social value— through thoughtful and intentional design that mirrors the safe, regenerative productivity of nature and eliminates the concept of waste. Write a 300-word essay discussing whether you think this concept has business value.

following criteria:

will demonstrate understanding of the Cradle to Cradle concept along with appropriate and accurate use of terminology from the book by Michael Braungart and William McDonough.

will demonstrate critical thinking by using logic, evidence (at least one example) and well-reasoned argument.

The essay will be written in appropriate, standard written English.

International Business

- Identify and describe the 4 categories of Incoterms.

could you expand on what an economy central interest is and how depressing it will effect the economy.