Firms Behavior in Labor Market

a- We are interested in the causal relationship between units of labor demanded by firm (??) and price of firm’s output (???????). What factors do we need to hold fixed to be able to correctly hypothesize about the causal relationship between the two variables? Name all of them. Holding those factors constant, do you expect ?? to increase or decrease as a result of an increase in ???????? Explain and draw your answer on a diagram where the horizontal axis refers to ?? and the vertical axis refers to ???????.

b- Assume that a labor-augmenting technological innovation happens in this market. How the graph you drew in part (a) will be affected as a result?

c- Assume that the raw materials that are used in the production of the firm’s output become more expensive. How the graph you drew in part (a) will be affected as a result?

You have been promoted to test team leader
However, the previous team leader was removed for poor performance and your manager wants you to improve the morale and efficiency of the team, as previously deadlines have been missed.
Her key points are; lack of innovation, poor quality control, missing goals and poor communication with the other teams.
She has also allocated you $500 for you to use on team building if you like.

From your notes from today and using wider research, how would address this challenge, what steps would you take, what would be your goals for the first month?

Provide your answer in a word document (350-500 words). You are encouraged to incorporate wider research and diagrams that may support your plan.


Baird and colleagues report on a study of 364 business units from the manufacturing and service sectors in Australia. Their study examined four core TQM practices: process management, the quality and reporting of data, supplier quality management and product and/or service design. Their findings suggest that respect for colleagues and teamwork are critical components for enhancing total quality management implementation

Question 1 . Can you explain the link between quality management practices and organisational culture?

Question 2 . From your readings in this chapter, what other factors do you think are important for maintaining quality and increase productivity?

Question 3 . Some researchers argue that quality management processes can inhibit innovation. Why might this be so? What do you think?

Thank you in advance

Question 5

What is the importance of collaborative relationships to competition?

Question 7

Assume that you are the director of international marketing for a company producing refrigerators. Select one country in Latin America and one in Europe and develop screening criteria to use in evaluating the countries. Make any additional assumptions that are necessary about you company.

Question 16

Visit the Nestle Corporation website (http://www.nestle.com/) and the Unilever website (http://www.unilever.com/). Compare their strategies toward international markets. In what ways (other than product categories) do they differ in their international marketing?

Chapter 13 – Page 417

Question 5

Discuss product alternatives and the three marketing strategies: domestic market extension, multidomestic markets, and global market strategies.

Question 14

Discuss the characteristics of an innovation that can account for differential diffusion rates.

Redistribution of income or wealth will be a dis-incentive to people working hard. This brings back memory of why the old communist blocks failed and free market continue to thrive till today. This is only possible in command economy where government have exclusive authority over the factor of production. I definitely agree with Amanda on that "People who earn lots of money often work harder or have innovative ideas etc ."

When income is redistributed, tendency abound for bandwagon effect to become the order of the day, since the generality of people will take that whether they work or not, everyone gets the same reward. At some point, those hard working and diligent among the society will have no motivation to up their game, while innovation and productivity will suffer including the economy at large.

In 175 words do you agree or not?

1.. Comment on a situation where the following statement does not hold:

In countries with autocratic regimes, MNEs can manage political risk effectively by focusing solely on their relationships with the government.

2. Comment on why the following statement is false. Provide an example

Increasing Intellectual property laws always stimulate innovation and emerging country-catch up.

3.How do MNEs decide on their product/service offering if they are faced with large cultural distance between them and the host-country? What did Starbucks do when they entered to Italy?

4. List indices/rankings that MNEs can use in their investment decisions. Choose 2 mini presentations, Comment on which ones are more relevant vs. less relevant to those 2 mini-team presentations.

Describe a familiar project. Ideally, this will be a work-related project that has already been completed. Provide examples of events that took place in each of the four stages of the product life cycle (see below). Select two of the following five components: Client interest (level of customer enthusiasm and concern); Project stake (amount of investment); Resources (commitment of financial, human, and technical resources); Creativity (the amount of innovation required); and Uncertainty (the degree of risk associated with the project). In your description of the stages of this project, explain how the intensity of the two components has changed. For example, Uncertainty is highest in the Conceptualization stage and lowest as the project approaches the Termination stage.

Organize your post as follows. Include the headings: Conceptualization stage Planning stage Execution stage Termination stage

Discussion: Patents & Copyrights

Article 8 of the US Consitution empowers Congress, in part, "To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries."

Some economists consider that patents & copyrights (what is called "intellectual property" or "intangible property") in their current form contribute to stifling innovation and to the unequal distribution of income by taking advantage of monopoly profits. Here is a short discussion of the benefits and costs of patents & copyrights. And here is a discussion of the effects of monopolies on income & wealth (Links to an external site.).

In several paragraphs, discuss whether in your view the patent & copyright system in the United States is perfect as it is, or if it should be modified, and in what way. Please justify your response with evidence from an academic-level outside source.

A force of 95N is needed to push a 11kg object up a 37degree incline at a constant velocity. the block is then pushed down the incline and released. calculate the magnitude and direction of acceleration of the block after the release as it slides down the incline