Identify some advantages to the nation that might follow when one political party controls the House, the Senate, and the presidency at the same time (i.e., unified government).

Also, identify some of the disadvantages that might follow from such a state of affairs.

This question is in regards to Human Resource Management. Utilizing the Harold D. Buckingham Graduate Program mission and goals as a framework, write a short reflection on how you have achieved at least two or more goals regarding human resource management.

Use the following table to answer questions below. Assume the cost of producing the goods is zero and that each consumer will purchase each good as long as the price is less than or equal to value. Consumer values are entries in the table:

(a) Suppose the monopolist only sold the goods separately. What price will the monopolist charge for Good 1 to maximize revenues for good 1?

(b) What is the total profit to the monopolist from selling the goods separately?

(c) What is a better pricing strategy for the monopolist? What is the resulting profit?

Harvard business students are widely known to possess a high level skill in intercultural empathy. Tell us about an idea or experience that you have had that exemplifies this skill in 750 words or less???

Elaborate on the following statement: A rise in the British pound price of US dollars necessarily implies a fall in the dollar price of pounds. Which currency has appreciated? Which has depreciated? What trade factors, according to Hume, might cause this change in the relative value of the two currencies? How might a the change in the exchange rate eventually correct the situation?

what is the effect of medical supply and service sector in corona virus

Case 3

In the 1980s and early 1990s, U.S. domestic automobile manufacturers, especially General Motors, were in turmoil. Dire headlines in business newspapers and magazines predicted a gloomy future: "Can GM Remodel Itself?" "May We Help You Kick the Tires," "Rude Awakening: The Rise, Fall, and Struggle for Recovery of General Motors," "GM Is Spreading the Gospel According to Toyota," "War, Recession, Gas Hikes . . . GM's Turnaround Will Have to Wait," "General Motors: What Went Wrong?" and "Can GM Fix Itself?" The list is endless. According to John F. Smith, Jr., chief executive officer and president of General Motors, "All of the well-publicized difficulties we faced in the past few years were in a sense the overdue wake-up call. GM's success had made it easy to ignore the significance of change and the signs of potential future problems." To try to solve its problems and increase competitiveness, in 1984 GM created a new division that focused on larger luxury cars-the Buicks, Oldsmobiles, and Cadillacs. The result was that by 1987 all the cars produced by this division began to look alike and buyers grew wary of GM's products. Cadillac buyers did not know why they were paying more for a car that looked just like GM's other less expensive models, like Buicks, and sales of Cadillacs plummeted. Realizing their mistake, GM's top management reorganized the company to give control of engineering and design back to the separate divisions. The Cadillac division benefited the most from this restructuring. To turn the division around, Cadillac was granted its own engineering team in 1988 and moved quickly to create a new identity for the line. Once again in control of its decision making, Cadillac managers lengthened the cars two inches, totally restyled them, increased advertising, and used direct mail to promote test drives. By 1990 Cadillac had gross profit margins of 40 to 50 percent, compared to 30 percent for the rest of GM's divisions. The Cadillac division had become very successful, launching redesigned models in 1991, 1992, and 1993. Their sales have been growing steadily, especially as the rising value of the yen has made Japanese luxury cars like the Lexus and Infiniti relatively expensive. In 1990 GM's Cadillac division won the prestigious 1990 Malcolm Baldrige Quality Award. According to David A. Garvin and Robert and Jane Cizik, professors of business administration at the Harvard Business School, the award "has become the most important catalyst for transforming American business." In 1992 GM introduced the very successful Cadillac Seville STS and successfully marketed the model against Toyota's Lexus and Germany's Mercedes. Even after all the improvements, however, the plant that produced the Cadillac Seville STS still ran at only 50 percent capacity. But Cadillac continued its leadership of the luxury car market for the forty-fifth year with 1993 sales again exceeding 200,000 units. What follows is the summary of remarks made by John Grettenberger, vice president and general manager of GM's Cadillac Motor Division, to the shareholders who attended the annual meeting on May 20, 1994. Our Cadillac team has come a long way, and we are now stronger than ever. We have been spending the last six years transforming our product to prepare for the challenges of the twenty-first century. Our quality and reliability have been recognized by customers and industry analysts. Recently Cadillac was named number one in vehicle dependability by J. D. Power & Associates, the industry analysts. It is the first time that a domestic car has topped that list. In a five-year ownership rating, Cadillac holds the number-1 ranking among the luxury cars. Cadillac was the only company in the industry to redesign its entire product line. Eight all-new models hit the market in just three years. The 1992 Seville and the Eldorado were first of the new generation to reach dealers, and 1992 Seville STS won the most prestigious awards in the industry, including the Motor Trend Car of the Year. In the following year, GM introduced the Northstar system to the Seville Touring Sedan and the Eldorado Touring Coupe, and the car won another fifteen editorial awards. The Northstar system has established Cadillac's tradition for innovation and technological leadership. Customers know the Northstar system by name and use it as a benchmark when comparison shopping. The year 1995 marked the eightieth anniversary of the first Cadillac V8, and eighty years later it is still setting the industry standards in power-train technology. Cadillac's world-class vehicle systems are the key to the sales success of the Seville and the Eldorado, and the model year sales have improved over 110 percent between 1991 and 1993. Continued improvement is expected for the 1994 model year. The Cadillac division has successfully attracted new buyers to Cadillac. The division made major inroads with young, affluent buyers who tend to prefer imports. The average age of buyers is decreasing. These young buyers, both male and female, are import-oriented and prefer sporty, contemporary cars with a feel-of-the-road handling. Two important new groups of Cadillac buyers are affluent women and African Americans. Cadillac is setting new standards for the capability, competency, and overall balance of the large luxury sedan with the introduction of the all-new 1994 Cadillac DeVille Concours. The DeVille Concours is a fully equipped, six-passenger sedan with Cadillac's exclusive Northstar system. The 270-horsepower Northstar V8 engine establishes the DeVille Concours as the most powerful front-wheel-drive, six-passenger sedan in the world. The DeVille Concours is newly designed, with comprehensive climate controls, precision instrumentation, ergonomically designed leather seating areas, and an all-new, eleven-speaker Delco Electronics Active Audio System. The base price? $37,990.

Questions:

1. Why was the U.S. automobile industry in a tailspin during the 1980s and the early 1990s?
2. What was GM's focus in 1984 to solve its problems? What were the results?

Suppose Rialto is the only movie cinema in a small college town, so it is essentially a monopoly for the local movie market. They charge a certain price P for a monthly pass. There is an overall demand curve for movie passes, given by P=900−4Q However, demand in the town has two distinct consumer groups: adults (A) and students (S). The demand for the whole group of adults is given by P=1200−8QA and the inverse demand for students is given by P=400−2QS Assume for simplicity that the constant marginal cost MC(Q) of showing a movie is 20 and there are no additional fixed costs.

(e)Calculate the profit-maximizing quantities and prices for students and adults.

(f) Calculate total costs, revenues, and profits resulting from these values.

(g) Show this in your figures graphically, as well

(h) Compare total profits in (b) with (f). Which is greater. Under what circumstances would the ID machine be worth it (that is, for what values of $M)?

An economy in which people exchange goods and services in a market is called a

1. Is economics a science? Why or why not? Your response should be less than 500 words long. (A good answer requires a clear and precise definition of science)

Is globalization triggering cultural homogeneity or heterogeneity? In developing your argument, make sure that you pay attention to economic, 4 political and cultural dimensions of globalization. In other words, do not reduce globalization solely (and erroneously) to economic globalization. Argue below

Intensifying globalization is triggering a one-world culture where global corporations (e.g., McDonald’s, Apple, Coca-Cola), global transportation (e.g., quick shipping), and global communications (e.g., Al Jazeera, social media, Internet) dominate cultural landscapes from Toronto to Johannesburg to Beijing. As a result, local cultures are being changed or assimilated by the dominant outside culture (e.g., Westernization, Americanization, transnational capitalist values).Intensifying globalization is triggering a one-world culture where global corporations (e.g., McDonald’s, Apple, Coca-Cola), global transportation (e.g., quick shipping), and global communications (e.g., Al Jazeera, social media, Internet) dominate cultural landscapes from Toronto to Johannesburg to Beijing. As a result, local cultures are being changed or assimilated by the dominant outside culture (e.g., Westernization, Americanization, transnational capitalist values).

Suppose the simplified consolidated balance sheet shown below is for the entire commercial banking system and that all figures are in billions of dollars. The reserve ratio is 25 percent.

Instructions: Refer to the balance sheet below. Enter your answers as whole numbers.

a. What is the amount of excess reserves in this commercial banking system?

    What is the maximum amount the banking system might lend?

     Show in columns 1(a) and 1'(a) how the consolidated balance sheet would look after this amount has been lent.    

     What is the size of the monetary multiplier?

b. Using the original figures, answer the questions in part a assuming the reserve ratio is 20 percent. What is the amount of excess reserves in this commercial banking system?

    What is the maximum amount the banking system might lend?

    Show in columns 1(b) and 1'(b) how the consolidated balance sheet would look after this amount has been lent.   

    What is the monetary multiplier?

What is the resulting difference in the amount that the commercial banking system can lend when the required reserve ratio is 20 percent rather than 25 percent?

A B

.Reserves 52 checkable deposits 200 a b

Securities 48

loans 100

- Perfect Competition

A. State the short-run profit maximizing rule for a firm and explain why it ensures that profits are maximized.

B. State the condition under which a competitive firm will go out of business (i.e., shutdown) and explain why it will do so.