What are the problems with the current patent laws that relate to technology? Research the Internet regarding issues being mentioned by incumbent corporations versus start-ups.
In: Economics
Suppose a typical income leisure constraint. The wage rate for a typical consumer is $20 per
hour, and she works 10 hours per day. Assume there are 52 weeks per year.
a. Construct a yearly income-leisure constraint for this consumer. Graphically show the optimal
work-leisure choice for this consumer.
b. Assume that the wage rate is increased to $25 per hour. Assuming income effect dominates,
graphically show a new possible work-leisure choice for this consumer.
c. Suppose that the government considers an income supplement program for this consumer
providing $5000 per year. Assuming holding all of the assumptions given in #b, is it a good
policy for the economy in general for this society? Explain it with the relevant economic
theoretical justifications.
In: Economics
First National Bank Balance sheet
Assets Liabilities
Rate-sensitive $20 million $50 million
Fixed-rate $80 million $50 million
4) Given the above table and assuming that the average duration of its assets is four years, while the average duration of its liabilities is three years, then a 5 percentage point increase in interest rates will cause the net worth of First National to ________ (increase/decline) by ________ (5% /10%/ 15%/ 20%) of the total original asset value (use duration analysis).
In: Economics
Moral Dilemma
A moral dilemma involves a situation in which the agent has only
two courses of action available, and each requires performing a
morally impermissible action.. Plato presents the classic example
of a moral dilemma. A man borrows a weapon from his neighbor
promising to return it at his neighbors request. One day the
neighbor in a fit of rage, asks for the weapon back apparently with
the intention to kill someone. The man is faced with a dilemma: if
he keeps his promise, then he will be an accessory to a murder if
he refuses to hand over the weapon, than he violates his promise. A
moral dilemma, then, is a situation, involving a choice between two
opposing courses of action, where there are moral considerations in
support of each course of action. Few would doubt whether we are in
fact faced with difficult moral choices. The question raised by
philosophers, though, is whether such dilemmas can be
systematically resolved, or whether no systematic solution is
available.
The most commonly suggested method of resolving conflicts between
obligations is to appeal to the highest intrinsic good. A thing is
intrinsically good when it is valued for itself and not merely as
an instrument or means to some further end. Money is instrumentally
good since it only provides a means to some further good, such as
the purchase of a sports car. Music, on the other hand, is thought
to be intrinsically good since it is valued for itself and not as a
means to something else. Moral philosophers are concerned with
uncovering the highest intrinsic good - that which is at the apex
of everything that is valued. Human happiness is a common candidate
for the highest intrinsic good since everyone strives for
happiness, and happiness appears to be the final goal of all our
actions. Other nominees for the highest intrinsic good are
pleasure, human rationality, God’s will, free human choice, and
highly evolved conduct.
Theoretically, if we can determine that pleasure, for example, is
the highest intrinsic good, then conflicts between moral
obligations would be resolved by determining which course of action
produces the most pleasure. Similarly, if God’s will is determined
to be the highest intrinsic good, priority would be given to those
actions which are most in accord with God’s will. Thus, by locating
the highest intrinsic good, moral dilemmas are resolved by
appealing to that concept.
Assignment
The following is a list of some moral dilemmas, mostly adapted from
Moral Reasoning, by Victor Grassian (Prentice Hall, 1981, 1992).
Read each situation carefully.
You are to respond to the following directions for FOUR (4) of the
eight dilemmas presented.
• Describe the decision that you would make in the situation and
explain. Why.
• Identify the moral theory/ethic (such as “I would follow my
conscience,” “I would do what God or the scriptures say is right,”
“I would follow the advice of an authority,” etc.) on which you
based your decision and explains how it applies to this
situation.
• At the conclusion of responding to four of the moral dilemmas,
write a final paragraph in which you compare the moral values you
presented in your answers. State whether your answers consistently
used the same theories/ethics or greatly varied. Based on your
analysis of your moral values presented above, describe your
general conclusions about your own “moral compass.”
*You should have a total of five (5) paragraphs; each one should be
between 4-8 sentences. Grammar and format count.
1. The Overcrowded Lifeboat
In 1842, a ship struck an iceberg and more than 30 survivors were
crowded into a lifeboat intended to hold 7. As a storm threatened,
it became obvious that the lifeboat would have to be lightened if
anyone were to survive. The captain reasoned that the right thing
to do in this situation was to force some individuals to go over
the side and drown. Such an action, he reasoned, was not unjust to
those thrown overboard, for they would have drowned anyway. If he
did nothing, however, he would be responsible for the deaths of
those whom he could have saved. Some people opposed the captain’s
decision. They claimed that if nothing were done and everyone died
as a result, no one would be responsible for these deaths. On the
other hand, if the captain attempted to save some; he could do so
only by killing others and their deaths would be his
responsibility; this would be worse than doing nothing and letting
all die. The captain rejected this reasoning, since the only
possibility for rescue required great effort of rowing, the captain
decided that the weakest would have to be sacrificed.. In this
situation it would be absurd, he thought, to decide by drawing lots
who should be thrown overboard. As it turned out, after days of
hard rowing, the survivors were rescued and the captain was tried
for his action. If you had been on the jury, how would you have
decided?
2. A Father’s Agonizing Choice
You are an inmate in a concentration camp. A sadistic guard is
about to hang your son who tried to escape and wants you to pull
the chair from underneath him. He says that if you don’t he will
not only kill your son but some other innocent inmate as well. You
don’t have any doubt that he means what he says. What should you
do?
3. Sophie’s Choice
In the novel Sophie’s Choice, by William Styron (Vintage Books,
1976 — the 1982 movie starred Meryl Steep & Kevin Kline), a
Polish woman, Sophie Zawistowska, is arrested by the Nazis and sent
to the Auschwitz death camp. On arrival, she is “honored” for not
being a Jew by being allowed a choice: One of her children will be
spared the gas chamber if she chooses which one. In an agony of
indecision, as both children are being taken away, she suddenly
does choose. They can take her daughter, who is younger and
smaller. Sophie hopes that her older and stronger son will be
better able to survive, but she loses track of him and never does
learn of his fate. Did she do the right thing? Years later, haunted
by the guilt of having chosen between her children, Sophie commits
suicide. Should she have felt guilty?
4. The Fat Man and the Impending Doom
A fat man leading a group of people out of a cave on a coast is
stuck in the mouth of that cave. In a short time high tide will be
upon them, and unless he is unstuck, they will all be drowned
except the fat man, whose head is out of the cave. [But,
fortunately, or unfortunately, someone has with him a stick of
dynamite.] There seems no way to get the man loose without using
[that] dynamite which will inevitably kill him; but if they do not
use it everyone will drown. What should they do?
5. A Callous Passerby
Roger Smith, a quite competent swimmer, is out for a leisurely
stroll. During the course of his walk he passes by a deserted pier
from which a teenage boy who apparently cannot swim has fallen into
the water. The boy s screaming for help Smith recognizes that there
is absolutely no danger to himself if he jumps into save the boy-he
could easily succeed if he tried. Nevertheless, he chooses to
ignore the boy’s cries. The water is cold and he is afraid of
catching a cold — he doesn’t want to get his good clothes wet
either. “Why should I inconvenience myself for this kid,” Smith
says to himself and passes on. Does - Smith have a moral obligation
to save the boy? If so, should he have a legal obligation [“Good
Samaritan” laws] as well?
6. A Poisonous Cup of Coffee
Tom, hating his wife and wanting her dead, puts poison in her
coffee, thereby killing her. Joe also hates his wife and would like
her dead. One day, Joe’s wife accidentally puts poison in her
coffee, thinking it’s cream. Joe has the antidote, but he does not
give it to her. Knowing that he is the only one who can save her,
he lets her die. Is Joe’s failure to act as bad as Tom’s
action?
7. The Torture of the Mad Bomber
A madman who has threatened to explode several bombs in crowded
areas has been apprehended. Unfortunately, he has already planted
the bombs and they are scheduled to go off in a short time. It is
possible that hundreds of people may die. The authorities cannot
make him divulge the location of the bombs by conventional methods.
He refuses to say anything and requests a lawyer to protect his 5th
amendment right against self-incrimination. In exasperation, some
high level official suggests torture. This would be illegal, of
course, but the official thinks that it is nevertheless the right
thing to do this desperate situation. Do you agree? If you do,
would it also be morally justifiable to torture the mad bomber’s
innocent wife if that is the only way to make him talk? Why?
8. The Partiality of Friendship
Jim has the responsibility of filling a position in his firm. His
friend Paul has applied and is qualified, but someone else seems
even more qualified. Jim wants to give the job to Paul, but he
feels guilty, believing that be ought to be impartial. That’s the
essence of morality, he initially tells himself. This belief is,
however, rejected, as Jim resolves that friendship has a moral
importance that permits, and perhaps even requires, partiality in,
some circumstances. So he gives the job to Paul. Was he right?
In: Economics
From your perspective, which IR theory/theories best describe how states and other actors in the international community should respond (or have responded) to the ongoing pandemic. Explain your reasoning, demonstrating a brand understanding of the IR theory in essay form.
In: Economics
So, I am trying to do a research about Economic and Social Cost of the Opioid Crisis in the US , So I need to write
background on this issue( typed please)
policy question and maybe a couple of paragraphs on that background and policy question and then the research question.
Please help and type it, Thanks
In: Economics
11. _____________________organization is organization by time – from earliest to most recent (forward in time) or from recent events back into history (backward in time).
(a) Primacy; (b) Recency (c) Chronological; (d) Integrated
12 . If your topic is controversial, you may want to organize your main ideas according to the principle of _____________, or putting the most important or convincing idea first.
13. _______________ are words and gestures that allow you to move smoothly from one idea to the next throughout your speech, showing relationships between ideas and emphasizing important points.
(a) Outlines; (b) Topics; (c) Demeanors; (d) Guideposts
14 . _________________ produce word pictures and detailed information that allows an audience mentally to see, hear, smell, touch, or taste what you are describing.
(a) Explanations; (b) Descriptions; (c) Definitions; (d) Details
15. _______________ are used by speakers who discuss or demonstrate processes of any kind. Used in How to Speeches.
(a) Explanations; (b) Descriptions; (c) Definitions; (d) Details
16 . In a country in which free speech is protected by law, the right to speak freely must be balanced by the responsibility to speak ethically In 1791, the_____________ Amendment to the Constitution was written to guarantee freedom of speech.
17. _____________________ is the ability to understand and manage one’s own moods and emotions, as well as the moods and emotions of
others.
(a) intelligence quotient; (b) emotional intelligence;
(c ) intelligence level; 0(d) emotional level
18. ____________________ involve the ability to perform tasks in a specific discipline (such as selling a product) or department (such as marketing.)
(a) technical skills, (b) human relations skills
(c ) conceptual skills; (d) mundane skills
19. ________________ involve communication and motivation; they enable managers to work through and with people. A people person.
(a) technical skills, (b) human relations skills
(c ) conceptual skills; (d) mundane skills
20. ____________________ involve the ability to picture the organization as a whole and the relationships among its various parts. Ability to diagnose
(a) technical skills, (b) human relations skills
(c ) conceptual skills; (d) mundane skills
In: Economics
Reflective Question # 1:
Venezuela is a Latin American country that is rich in oil
preserves. This petroleum sector is
mainly owned by the government, in a sense that it controls and
prices it. The petroleum sector
constitutes around 85% of the exports in the country. In Venezuela,
there are very few private
sectors.
Germany is one of the top 5 richest countries in the world. It
provides its citizens varieties in
consumer goods and business services. But the government imposes
regulations even in those
areas to protect its citizens. Thus, the decision about what to
produce is distributed among
private and public sectors.
1- What type of economic systems do Venezuela and Germany apply?
Explain.
2- For a certain country to adopt a market economic system, what
are the decisions they need to
take? Illustrate by providing an example.
In: Economics
1. The medium of exchange function of money eliminates:
A.
the opportunity cost of holding money.
B.
barter, or the exchange of goods for goods.
C.
the need for chequing accounts.
D.
the need for currency.
2. Barter requires the existence of:
A.
the backing of the government.
B.
the double coincidence of wants.
C.
paper currency and coins.
D.
gold or silver.
In: Economics
How would each of the following developments affect the exchange rate of the US dollar (state whether the US dollar will get stronger or weaker)? Support your answer discussing the effects on the demand and supply of a foreign currency or dollars and using appropriate diagrams.
a. Increase in the expected inflation rate in the economies of US trading partners
b. Increase in the expected future exchange rate (US $ is expected to grow stronger)
c. Americans are traveling less abroad because of the Covid 19 situation
d. The European Union interest rate rises relative to the US interest rate
e. Less foreign tourists are coming to the Florida beach for fear of covid 19.
In: Economics
1. What are some of the common sources of stress?
- explain role theory?
-explain exhaustion of resources and burnout?
-explain emotional labor?
-explain high demands and low control ?
-explain high demands and low control
In: Economics
1- Define and give examples of capital markets.
2- What is the impact of technological change on capital market? Give examples to justify your input.
In: Economics
What are Myanmar (Burma) cultural practices relating to business? (detailed explanation please!)
In: Economics
In: Economics
Performance Management and Appraisals are highlighted.
Here's the scenario:
You are the 'boss' of the Business Administration Department at
this community college. Part of your job is setting performance
objectives (using Management by Objectives MBO) with each
instructor. It is now time for you to set meaningful performance
objectives with the HR instructor (me). You will set the objectives
in August 2019, and then appraise the instructor's performance (me)
at the end of the semester in December 2019 for this course.
You are to convince me (HR instructor) in your posting of a key
objective that I will be measured on. You are to define what that
objective is, why it is important, and how you will measure me.
Assume we will discuss it fully, but I need to be convinced as this
is a joint objective setting session. I want to know what
expectations are and what you will be looking at to judge my
performance.
Here are examples: (do not use these!!!)
1. Proposed Objective: The instructor follows the College
Attendance policy during the semester.
The reason it is important: College receives funding based on
several students who attend, so financial measures are impacted if
an instructor does not do his/her job.
How to measure this: Boss will analyze the attendance reporting
each week and ensure that students are being withdrawn on a timely
basis.
2. Objective: The instructor's ability to communicate
effectively.
The reason it is important: Student enrollment and retention in
class will not be good if an instructor cannot communicate
effectively and efficiently.
How to measure this: Boss will analyze the course evaluations done
at the end of the semester and look for comments reflecting the
instructor's abilities to communicate.
In your words, please write at least three paragraphs in
detail, rather than someone's answer to this problem.
Thank you.
In: Economics