Questions
In a paragraph form and in at least 200 words discuss the relationship of English settlers...

In a paragraph form and in at least 200 words discuss the relationship of English settlers with the native American peoples of North America, focusing on at least three different colonies.

In: Economics

Please write 500 words 1. How did you get the idea or concept for your business?...

Please write 500 words

1. How did you get the idea or concept for your business?

2. How many employees do you have? How do you recruit employees?

3. What service or product do you provide?

4. How do you advertise your business?

5. What made you choose your current location?

6. What is unique about your business?

7. If you had one piece of advice to someone just starting out, what would it be?

In: Economics

SS and LG are duopoly cell phone producers in S. Korea. Both firms are seeking to...

SS and LG are duopoly cell phone producers in S. Korea. Both firms are seeking to expand the 4GB cell phone market in Dubai. The managerial team is carefully studying the level of competition and the market demand for 4 GB cell phone. A study shows that the market demand curve for 4GB cell phone is P = 180 –Q. Also, they conclude that there are will be no competitors other than SS and LG, if they both enter, in Dubai at least for a few years. Both firms have similar MC: MCSS=40 and MCLG= 44. What are the Cournot competition quantities and profits? What would be the monopoly output and profit if only one firm enter?

The following questions are no need to answer for your ICA. You can practice the following questions after CH 10 discussion. However, my answer will show the following questions' answers as well.

What would be the likely outcome of the entry decision? Which firm would enter? or both? Show your work and game table in order to support your answer.

In: Economics

Identify the definition for each term listed below from the following list.     1. The study...

Identify the definition for each term listed below from the following list.

    1. The study of how people make decisions where attaining goals depends on interactions with others.

    2. A table that shows the payoffs each firm earns from every combination of firm strategies.

    3. An agreement among firms to charge the same price or otherwise not to compete.

    4. A strategy that is the best for a​ firm, no matter what strategies other firms use.

    5. A situation in which each firm chooses the best​ strategy, given the strategies chosen by other firms.

    6. A game outcome in which players seek to increase their mutual payoff.

    7. A situation where one firm announces a price​ change, which is matched by other firms in the industry.

    8. A game in which the firms choose their strategies at the same time.

    9. One firm’s gain must equal the other firm’s loss.

    10. A game in which the sum of the two firms’ outcomes is positive.

    11. The firms select their optimal strategies in a single time period without regard to possible interactions in subsequent time periods.

    12. A game that recurs more than once.

​Instructions: Enter a numeric response corresponding to a definition listed above using an​ integer.

a. Collusion:  .

b. Zero-sum game:  .

c. Game theory:  .

d. Positive-sum game:  .

e. Payoff matrix:  .

In: Economics

Why did the Nazis invade the Soviet Union and why did their invasion end in defeat?

Why did the Nazis invade the Soviet Union and why did their invasion end in defeat?

In: Economics

What is The "Current Macroeconomic Situation" In the U.S. (e.g. is The U.S. Economy Currently Concerned...

What is The "Current Macroeconomic Situation" In the U.S. (e.g. is The U.S. Economy Currently Concerned about Unemployment, Inflation, Recession, Etc.)? What Fiscal Policies And Monetary Policies Would Be Appropriate At This Time?

In: Economics

Why should there be a federal judiciary?

Why should there be a federal judiciary?

In: Economics

Could we ever achieve an unemployment rate below full employment? What problems might we encounter if...

Could we ever achieve an unemployment rate below full employment? What problems might we encounter if it did.

In: Economics

Generally, the use of trade policies that disrupt free trade is predicted to bring down the...

Generally, the use of trade policies that disrupt free trade is predicted to bring down the overall welfare of the imposing country. However, there are some cases where the opposite is predicted/argued. List as many of such cases as possible with the reason(s) behind such prediction(s)/argument(s).

In: Economics

Why doesn’t capital flow to poor countries?


Why doesn’t capital flow to poor countries?

In: Economics

Suppose the U.S. government announces that it will bring the federal budget deficit to zero, over...

Suppose the U.S. government announces that it will bring the federal budget deficit to zero, over the next ten years, with no change in tax rates. Describe the effects of such a policy according to the three business cycle models, assuming that the policy is fully credible

In: Economics

Describe the history behind the first three Texas constitutions.

Describe the history behind the first three Texas constitutions.

In: Economics

1. You have just been employed by a firm that is operating under a “perfectly competitive”...

1. You have just been employed by a firm that is operating under a “perfectly competitive” environment and also with the following relevant market information: --

Current market price per unit is $15 (NOTE: this is also the firm’s marginal revenue, MR)

TC = 0.5Q2

MC = Q

a) Using profit maximizing quantity level at 15, what is the firm’s TR?

b ) What is the firm’s TC using the same profit maximizing quantity level as a above?

c. What is the firm’s total profit?

3. Given the following information and formulas of a firm operating under a “monopolistically competitive” environment:

TC = 3Q3 - 18Q2 +30Q + 50, in which TC is sum of TVC and TFC

TVC = 3Q3 - 18Q2 + 30Q ; TFC = 50

MC = 9Q2 – 36Q + 30

AVC = TVC / Q

a. In the space below, compute quantity Q2 (HINT: To compute Q2, you will need to mathematically equate MC and AVC together and then solve for Q).

b. Compute P2 which is the lowest price below which the company must shut-down.

In: Economics

Case Study You work as a Change Manger for ABC Company. In this project you are...

Case Study

You work as a Change Manger for ABC Company. In this project you are required to demonstrate your skills and knowledge through identifying change requirements and opportunities, developing a change management strategy, and implementing a change management strategy. You can demonstrate evidence of your planning by providing the communication strategy and action plan to ensure consultation and participation, stakeholder analysis, risk treatment action plan, a work breakdown analysis, a responsibility assignment matrix and a project schedule. Read the instructions below and answer all the questions.

You receive an email from the Business Operations Manager at ABC Company.

As you may be aware, the current financial standing of the organisation is little less than satisfactory. We have faced various issues over the past 3 months and have been unable to make a recovery. I believe that change is inevitable at ABC, so we are delighted to have you on board and hope that you will lead the way for ABC during this necessary period of change.

You need to consider how you will work and communicate effectively with other departmental managers and the human resources department to develop a corporate culture that accepts your proposed change.

Please start by examining the key points from the business report that follows and report on your proposed changes. Prior to commencement you may want to ask yourself the following:

  • What is the change?
  • Why is the change being made?
  • How is the change going to affect ABC?
  • How will you prevent change from challenging ABC’s ability to create value and regain relevance?
  • How will you lead, manage and sell change effectively?

In the ABC Company Business Report, the key points are:

  • Over the past 3 months, ABC has lost several of its key managers. This has had a serious effect on the corporate culture.
  • Executive management have not yet found qualified replacements for these managers. Instead, they have been hiring unqualified trainees to cut further operational costs.
  • Competitors have begun to take market share and ABC has not implemented the required changes to products and services to stay relevant in the market. As a result, ABC is finding it very difficult to stay competitive.
  • New technologies have been purchased but not yet implemented throughout the organisation because the required training has not been organised. As a result, resources are either lacking or not being used effectively.
  • As a result of the financial standing, cost cutting has been inevitable. This has been very emotionally taxing on staff and ABC has had to sublet part of its office space.
  • Due to the business downturn, ABC has been left with no other option but to introduce the Lean Manufacturing System. This has significantly impacted the way the company orders raw materials, which has created issues with the shipping and receiving schedule.
  • Manufacturing habits require a redesign in the manufacturing division as a consequence.
  • Staff morale and productivity are at record lows. Management intervention is vital in maintaining time lines and ABC milestones.
  • The ABC vision statement is outdated and does not reflect current situations.

You are required to answer all the questions below.

  1. Conduct a change readiness assessment:
  1. Explain what methods you would use to gather information relating to the change readiness of the organisation
  2. Conduct a force field analysis and provide a summary of the driving and restraining forces for change
  3. Provide a list of strategies to increase the driving forces and reduce the retraining forces.
  1. Develop the change vision statement and identify the methods you will use to communicate the vision to motivate staff.
  1. Formulate the change strategy, identifying the guiding principles and high-level or broad tactics to realise the benefits of the change.

In: Economics

In grievance procedures, which type of arbitrator do you predict will be most effective at resolving...

In grievance procedures, which type of arbitrator do you predict will be most effective at resolving disputes? What characteristics should that arbitrator have?

In: Economics