Questions
.1) Let’s assume that you want to open one of the following new businesses. What form...

.1) Let’s assume that you want to open one of the following new businesses. What form of business ownership would you choose for each? Justify your answer and explain why you’ve chosen the particular business ownership form for each business below:

a) A Specialty coffee truck.

b) A planning service for business events such as the release of new products or employee gatherings.

c) A Marketing consulting firm.

d) Online service that aggregates and compares the price of grocery items in the UAE.

Q.2) Imagin that Noon and Namshi were to merge together. Clearly explain what kind of merger would this be and why? What do you think would lead to such merger? How do you think this merger would affect the top three stakeholders (Customers, Employees, Investors)? What benefits would the merger provide to both companies (name 1)? What new challenges do you think the merger would create for the two companies (name 1)?

Q.3) What is meant by SWOT analysis and when is it used? Conduct a SWOT analysis for AUS. You need to write 2 items for each 2(S), 2(W), 2(O), 2(T). Use examples in your answer.

Q.4) Q.4) One of the drivers of organizational change can be led by changes to the economic environment. With the recent economic changes that are caused primarily by the Covid-19, what changes do see happening in organizations in relation to “Centralization/Decentralization”. Please justify your answer and use examples.

In: Economics

Lauren plans to deposit $9000 into a bank account at the beginning of next month and...

Lauren plans to deposit $9000 into a bank account at the beginning of next month and $150/month into the same account at the end of that month and at the end of each subsequent month for the next 4 years. If her bank pays interest at a rate of 5%/year compounded monthly, how much will Lauren have in her account at the end of 4 years?

(Assume she makes no withdrawals during the 4-year period. Round your answer to the nearest cent.)
$

In: Economics

Make a list of what the Federal Reserve (Fed) has done in response to the COVID-19...

  1. Make a list of what the Federal Reserve (Fed) has done in response to the COVID-19 crisis using 31 March 2020 as the cut-off date. [Please do not include fiscal responses in your list]
  2. Why, in your opinion, is the Fed’s actions you have listed in question 1 important to mitigate the economic effects of the COVID-19 outbreak? Explain in light of the roles of the financial system to the economy.
  3. Analyse the effects of the Fed’s actions you have listed on the economy using the AD/AS Model. Start with the state of the economy before the COVID-19 crisis. Do you think the Fed’s actions can successfully stabilize the economy?

In: Economics

When the mayor of Blagoevgrad faces re-election, the city workers go out and repaint the crosswalks,...

When the mayor of Blagoevgrad faces re-election, the city workers go out and repaint the crosswalks, fill in the potholes on the streets, mow the grass and trim the hedges in the city parks in the week before the election. If we believe that the upcoming election causes the mayor to order the city cleaned up, and not that the tidy city causes there the be an election -- then we are using the? :

Group of answer choices

rational expectations theory.

Kenesian theory.

real business cycle theory.

reverse causation theory.

menu cost theory.

In: Economics

5. Discuss the factors that lead to pressure for local responsiveness. 6. Discuss how a firm's...

5. Discuss the factors that lead to pressure for local responsiveness.

6. Discuss how a firm's marketing strategies may have to address differences in distribution channels in other countries.

7. Consider a transnational strategy. Why would a firm choose this strategic alternative? What are the disadvantages of this strategy?

8. Discuss the evolution of strategy. How does cost become important in the long term?

In: Economics

Explain how interest groups operate in the US and state your opinion whether they complement or...

Explain how interest groups operate in the US and state your opinion whether they complement or hinder the majority rule principle

In: Economics

California's restaurant industry employs dishwashers and chefs. Immigrant workers from Central America generally lack training to...

California's restaurant industry employs dishwashers and chefs. Immigrant workers from Central America generally lack training to work as chefs but can wash dishes.

Standard neoclassical labor supply and demand, what will be the effect on the wages of California dishwashers if civil strife drives uneducated workers to leave Central America for the United States?

What would the effect of this strife be on wages for restaurant chefs? Why the difference?

In: Economics

maximise utility u=q1q2 when p1=1 p2=4 and ones budget = 120 estimate effect of an -1...

maximise utility u=q1q2 when p1=1 p2=4 and ones budget = 120 estimate effect of an -1 increase unit increase in the budget

In: Economics

Are those who are working economically affected in any way by those who are unemployed ?...

Are those who are working economically affected in any way by those who are unemployed ? Explain .

In: Economics

Does a high ad judgment ensure an effective advertising campaign? Explain More adds value to a...

Does a high ad judgment ensure an effective advertising campaign?
Explain

More adds value to a point & then takes away value OR A little is just right, more only takes away value

In: Economics

4 coffee shops with identical products display and costs compete to find a suitable location for...

4 coffee shops with identical products display and costs compete to find a suitable location for their stalls, at the entrance of an airport. The airport stretches linearly for 120 kms, and there are 4 gates along this stretch, each located at equal intervals. The first two gates are for departure, and the last two are for arrival. According to an observation it is noticed that only passengers at the arrival gates can afford time to sip on a cup of coffee leisurely at the gate.

i. Find out the firms' optimal decision to locate their stalls along this gateway.

ii. Find out equilibrium number of stalls and their locations.

In: Economics

1 Consider two Cournot competitive firms – with the following market demand function P=100-Q. The firms...

1

  1. Consider two Cournot competitive firms – with the following market demand function P=100-Q. The firms face constant marginal costs, MC1 = 5 whereas MC2 = 25.

However, if they merge then the marginal production costs would fall to 5.

  1. Calculate the costs and benefits due to the merger for either firm.   
  2. Is this merger Pareto improving for the economy? Explain.   

  1. A Bertrand competition does not necessarily gravitate towards competitive prices in the equilibrium, with imperfect substitutes.
  1. In this context, derive the Lerner’s Index and explain why the market power of the Bertrand competitive firm is identical to that of the Monopolist, at the equilibrium.
  2. Consider the Bertrand competition with imperfect substitutes, if the firms decide to coordinate in prices. Explain with the help of the relevant Lerner’s index, the factors that affect the firms’market power under Monopoly relative to Bertrand competitive market.   

In: Economics

Pulp and paper production is the third largest industrial polluter to air, water, and land in...

Pulp and paper production is the third largest industrial polluter to air, water, and land in the United States. The main components of pulp mill related pollution are chlorine and chlorine based materials, sulfur, hydrogen sulfide and sulfur dioxide. With regard to water pollution, chlorine and compounds of chlorine are used in the bleaching of wood pulp, especially chemical pulps produced by the kraft process or sulfite process. Plants using elemental chlorine produced significant quantities of dioxins that are persistent organic pollutants that are one of the most toxic human-released pollutants. The used process water from a pulp mill contains a lot of organic material such as lignin and other organic material from the trees, including chlorinated organic material. The presence of these organic substances results in high biological oxygen demand (BOD) and dissolved organic carbon (DOC). There are 24 paper and pulp mills located along the Lower Fox River in Wisconsin. The Fox River is the largest tributary of Lake Michigan. There are many communities along the banks of the Fox River, such as Green Bay and the Fox Cities, that are directly impacted by pollution from these pulp and paper mills. In addition, the Fox River is used almost daily for recreational activities.

(a) If the State of Wisconsin were to use a regulatory approach to control this pollution of the Fox River, what are some alternative standards it might consider? How would you rank these alternatives in terms of economic efficiency?

(b) If the State of Wisconsin were to use a Pigouvian tax approach to control this pollution of the Fox River, what are some alternative tax approaches it might consider? How would you rank these alternatives in terms of economic efficiency?

(c) What would a cap-and-trade approach look like? How would it be designed? (d) What would a Coasian solution look like? How well do you think it would work?

(Please type all the answer, do not handwriting,thanks!)

In: Economics

When the euro was introduced in 1999, Greece was conspicuously absent from the list of the...

When the euro was introduced in 1999, Greece was conspicuously absent from the list of the EU member countries adopting the common currency. The country was not ready. In a few short years, however, European leaders, probably motivated by their political agenda, allowed Greece to join the euro club in 2001 although it was not entirely clear if the country satisfied the entry conditions. In any case, joining the euro club allowed the Greek government, households, and firms to gain easy access to plentiful funds at historically low interest rates, ushering in a period of robust credit growth. For a while, Greeks enjoyed what seemed to be the fruits of becoming a full-fledged member of Europe. In December 2009, however, the new Greek government revealed that the government budget deficit would be 12.7 percent for 2009, not 3.7 percent as previously announced by the outgoing government, far exceeding the EU’s convergence guideline of keeping the budget deficit below 3.0 percent of the GDP. As the true picture of the government finance became known, the prices of Greek government bonds began to fall sharply, prompting panic selling among international investors, threatening the sovereign defaults. Several years into the crisis, the Greek government debt stands at around 180 percent of GDP and the jobless rate among youth is above 50 percent. The country’s GDP declined by about 25 percent. Severe austerity measures, such as sharply raised taxes and much reduced pension benefits, were imposed on Greece as conditions for the bail- outs arranged by the EU, IMF, and the European Central Bank. In addition, people were allowed to have only restricted access to their bank deposits, to prevent bank runs. Opin- ion polls indicate that the majority of people in Germany, the main creditor nation for Greece, prefer the Greek exit from the euro zone, popularly called Grexit, while some people in Greece are demanding Grexit themselves and restoration of the national cur- rency, the drachma.

Discuss the following points: 1. What were the socioeconomic issues that caused the economic crisis in Greece in 2010?

2. Through the 2010 crisis, what do you think were the costs and benefits of staying in the euro zone for Greece?

3. What would be the measures that need to be taken to keep Greece in the euro zone in the long run?

In: Economics

Suppose that the market demand curve facing the incumbent firm is p = 460 - 0.5y....

Suppose that the market demand curve facing the incumbent firm is p = 460 - 0.5y. The firms total cost curve is c(y) = 100y. The incumbent firm is threatened by a potential entrant, which faces a fixed entry cost K in addition to the variable cost. The entrant's total cost is therefore c(y) = K + 100y .Find the limit output YL

In: Economics