What factors does a cosmetics company need to consider when designing its marketing channel for a new low-priced line of cosmetics? Explain each one.
*I need the reference of this answer.
In: Economics
For this assignment you will either review an organization for which you currently work, or find a case study to review. Write an essay, 1100-1400 words using proper APA formatting on the following How are each of the following issues addressed in the organization? Do you have any suggestions for improvements? Restrictive covenants such as non-competition, non-solicitation provision Access and use of technology resources Access and use of confidential and proprietary information Transfer of intellectual property work product Performance evaluation Discrimination Health and Safety Standards
In: Economics
I. Classification as One of the Four Basic Market Models
A. Select a company from a current business periodical or where you work, and state which market model is represented by this company. Explain your reasoning using a narrative format. (List the characteristics of the market model you chose, and explain how your company operates in an industry with those characteristics)
B. State a basic industry problem and proceed to analyze using the following methodology where appropriate. Be sure to include the six (6) graphs, as indicated. (Each industry market model has drawbacks or problems, explain how this affects your company and how they attempt to deal with it)
II. Supply & Demand and the Price System Graphs
A. What is the current demand situation – is the curve changing (use graphs)? Is demand relatively elastic or inelastic, why?
Graph #1: Demand Curve and any Changes (CHOOSE ONE):
1. Curve shift and underlying causes 2. Movement along the curve and causes
B. What is the current supply situation – is the curve changing (use graphs)? Graph #2: Supply Curve and any Changes (CHOOSE ONE):
1. Curve shift and underlying causes 2. Movement along the curve and causes
C. Market Equilibrium (use graphs)
Graph #3: Demand & Supply Curves with Changes (before and after on same graph)
1. Surplus/shortage (if appropriate) 2. Price ceilings and price floors (if appropriate) D. Changes in Income & Results
1. Superior/normal or inferior goods
E. Changes in Prices of Related Goods & Results—(CHOOSE ONE):
1. Name a Substitute, complement, or independent goods
III. Costs & Profits: From the article see if the company is above target (Eco. Profit), on target (Normal profit) or below target (Loss).
A. Short-run Costs (use graphs)
Graph #4: Short-run Economic Profit, Normal Profit, or Loss (use MC, AR, ATC, and AR; shade where appropriate) (Based on what read, what do the profits look like currently; illustrate this using the cost curves in the text (for the industry model your in, and the companies current profits)
1. State whether firm is earning a normal or economic profit, or a loss. Illustrate on
graph 4. 2. State any productivity and pertinent cost problems and the resulting effects on graphs. 3. B. Long-run Costs (use graphs)
Graph #5: Long-run Profit or Loss (use MC, AR, ATC, and AR; shade where appropriate) (Based on the market model, what are the profit options in the long run, illustrate using graphs in the text)
1. State whether firm is earning a normal or economic profit, or a loss. Illustrate on
graph 5.
Graph #6: The Planning Curve: LRATC & Optimal Plant Size (Economies & Diseconomies of Scale) (Identify the correct shape of the LRATC based on the market model, identify appoximately where your company is (i.e. are they at lowest cost for the industry?))
1. Graph the LRATC, show economies and diseconomies of scale, and mark with an
“X” the company’s position.
III. Conclusion/Summary
A. Recapitulation of Findings
B. How could the economic problem be corrected? (How can they increase profits and maintain them
long term.
IV. Prediction for Future
A. State your personal prediction for the future. Support your answer.
In: Economics
What determines the inflation rate in the long run? How might inflation in the long run be related to fiscal policy? What is seigniorage?
In: Economics
1. If the FR aims to raise interest rates and shift the AD curve to the left, the FR would conduct open market operations to reduce the money supply.
A. True
B. False
2. According to the media release by Phillip Lowe, "a gradual further increase in underlying inflation is expected as the economy strength." All else constant, inflation arises when:
A. The expenditure plans of agents exceed the supply
of output by firms
B. The earning plans of agents fall short of what they
earn in the economy
C. The currency appreciates in the foreign exchange
market
D. The government increases unemployment benefits
3. The Australian government is concerned about inter-generational equity problems. Key problems arise from a larger number of older retired people being supported by a smaller workforce of young people, and from ever increasing budget deficits to be paid for by younger people. Encouraging older people to stay in the labour force rather than retire would help fix this problem.
A. True
B. False
In: Economics
When a small country engages in free trade, what will be its domestic price?
Where can you find the increase in total surplus when a small country engages in free trade?
If a small country puts a per-unit tariff on an imported product, will the world price of the product change? Why?
If a large country puts a per-unit tariff on an imported product, will the world price of the product change? Why?
In: Economics
A promises a 20% discount to a customer. The colleague B knows
that the customer is compensated with a huge Christmas gift every
year. Your boss asks B why the price is so low? B says the truth
because B does not lie. Colleague A, a family father, is
terminated. Here the consequence of the statements was catastrophic
for A. From a sense of fellow humanity or compassion, B would
better have said nothing, right? But what if B had said nothing and
because of this order the company goes into the insolvency? You
don’t lie. Her colleagues claim they have acquired many new
customers. Instead, they were mediated by the subsidiary.
Colleagues are promoted, you are not.
Required: (a) Determine the ethical issues and dilemmas faced by
the company in this situation.
(b) Using consequentialist approach describe the actions taken by
the company.
(c) Elaborate the ethical issue based on Kant’s Theory of Duty.
(d) Describe the potential solutions that the company can take to
resolve this situation.
The entire answer should not be more than 1,000 words (+/- 10%) (excluding preliminary pages such as Cover Page, Table of Contents, Reference Page, Declaration and Appendix). o The Assignment should be written with the following formatting:
In: Economics
What are the term structure of interest rates and the yield curve? Can the Fed act to reduce long-term nominal interest rates after the fed funds rate reaches zero, How might it do this?
In: Economics
In: Economics
Give a realistic and unique example of how equilibrium prices (p*) and equilibrium quantity (q*) are re-established after the puncturing of equilibrium (i.e., the demand and/or supply curve shift). Explain what would cause one or both of the curves to shift, if this would create a surplus or shortage, and the ensuing pressure to change this would have on prices and quantity purchased/sold as a result. Make sure to accurately discuss changes in quantity supplied or demanded vs. changes in supply or demand.
Answer two thematic questions of the module: Are Markets Effective Tools and What Are Their Impacts? Use the economic concepts discussed in both Chapters 3 and 5 of the openstax microeconomic.
In: Economics
Discuss ways in which the consumer price index might affect your life.
In: Economics
In: Economics
Many tax reform proposals suggest moving to a flat tax system, one that eliminates progressive tax brackets. One proposal would be that everyone pays (say) 25% of their income. Keeping the rest of the tax code intact, how would this change the market for luxury vs. lower priced homes?
In: Economics
1. The equilibrium wage in the labor market is $5 and the government feels it is too low. They want to put in a binding price control - would they enact a price ceiling or a price floor? Give a numerical example of such a binding price control.
2. The equilibrium price of white bread is $3 and the government feels is it is too high.They want to put in a binding price control - would they enact a price ceiling or a price floor? Give a numerical example of such a binding price control.
In: Economics
In: Economics