Great Recession

This topic related to the Great Recession: The housing price bubble, collapse, foreclosures, bailout of underwater mortgagesWrite a 600 word analysis of 1 of the following corrective actions taken by the Federal Reserve as a result of the crisis:Quantitative easingPurchase of toxic assets from financial institutionsPaying interest on reserve balancesAddress the following in your analysis:Actions taken by the Federal Reserve to mitigate the crisisHow the corrective action helped to restore stability to the financial systemHow the corrective action should prevent recurrence of a similar crisisNote: Use of charts and graphs is encouraged with appropriate citations. Any charts or graphs retrieved from the Federal Reserve Bank of St. Louis FRED website may only be included when the data sources used by FRED are US government sources such as the Bureau of Economic Analysis or the Bureau of Labor Statistics. 

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Rebecca Henderson

After reading the chapters (1,2,8) from Rebecca Henderson’s new book, “Reimagining Capitalism in a World on Fire” (2020), respond to the following questions: Which of the three great problems of our “world on fire” are you most concerned about and why? (Chapter 1)Of the five key reforms, Henderson suggests for reimagining capitalism, which do you think are most important. Can you provide an example of hopeful signs that reform may actually happen? (Chapter 2)Assuming you accept her call to action for finding “Finding Your Own Path Toward Changing the World,” reflect on 2 or 3 of the six steps and what you can do further your own personal path and describe those action steps. (Chapter 8)If you don’t really find Henderson’s analysis persuasive, provide a brief critical assessment in terms of why her narrative is not persuasive to you. You can assess her identification of issues of our world on fire, the five needed reforms, and the need for personal action in your response. For more information read this:https://en.wikipedia.org/wiki/Rebecca_M._Henderson

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Analysis and Strategy

Managerial Economics: Foundations of Business Analysis and Strategy (11th Edition), 11th ISBN: 9780078021718 Chapters 3 and 4 Discussion Question: What steps, tasks, or actions will you take that will successfully move you toward completing the assignment deliverables and why? (Must be at least 350 words.)

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Sunk Cost Fallacies

1. https://youtu.be/x-hYzRncxTc Watch the video and answer: What was the Opportunity Cost of buying the Xbox2. https://youtu.be/vpnxd31y0Fohttps://youtu.be/EMcDOE13AN8Watch these two videos and answer: What were the two sunk cost fallacies described in this video? Were they truly fallacies? Explain your answer.3. https://youtu.be/_rk2hPrEnk8 Watch the video and answer: In the chicken sandwich video, explain how there were so many economies of scale with respect to salt.4. https://youtu.be/vv1mFAMz0PEWatch the video and answer:  Consider the Tesla Gigafactory video. Describe an example each of 1) an economy of SCALE and 2) an economy of scope.

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Ergonomics Program

In this unit lesson, we discuss the benefits of implementing an ergonomics program. One of the most compelling reasons for the application of ergonomics is injury prevention. However, regardless of the moral and ethical arguments for injury prevention, businesses do not always find it cost-effective. In your opinion, what is the best way to bridge the gap between the cost of an ergonomics program and an increase in production/decrease in injury rates? Please include the name of the person or question to which you are replying in the subject line. For example, “Tom’s response to Susan’s comment.”ALSO PLEASE REPLY TO ANOTHER STUDENTS COMMENT BELOW Matthew: In nearly every job I have worked I have had this same debate: the cost of implementing an ergonomic program vs. the cost of not implementing one. In my opinion, when organizations skip out on investing in employees’ health through the implementation of an ergonomic program they are just sealing their own fate and will eventually end up paying the price through occupational injury/illness’ that could have been avoided with the implementation of a comprehensive ergonomic program. One way I have attempted to bridge this gap is through trialing different programs or software without fully investing. I have used human tech- which is a video-based software that identifies risk based on videos you take of employees performing tasks such as packing of lifting. When you can work with vendors to provide a free trial, sometimes the results you can get from this trial will be enough to convince management to make the investment in a program. One additional technique is to prepare and present the cost savings of avoiding an accident. Employers tend to focus on the initial investment and fail to be proactive- when in retrospect they may end up paying the same or more reactively. Making these numbers clear is a sure way to get management buy-in. Too often do organizations fail to look at an ergonomic program as an investment. A successful program will also tend to improve the increase in productivity as well as an increase in job satisfaction for employees. 

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Capitalism and Socialism

Capitalism is an economic and political system in which a country’s a trade and industry are controlled by private owners for profit, rather than by the state whereas socialism is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. (Shaw, William H. (2014). Business ethics (8th ed.). Boston, MA: Wadsworth, Cengage Learning). In this assignment, you will define the roles capitalism and socialism play along with the pros and cons of each. In two to three (2-3) paragraphs: Briefly define, in your own words, the concepts of capitalism and socialism. Then list three pros and cons of each. The specific course learning outcomes associated with this assignment are: Determine the considerations for and process of ethical business decision making to balance corporate and social responsibilities and address moral, economic, and legal concerns. Analyze selected business situations using the predominant ethical theories, such as utilitarian, Kantian, and virtue ethics to guide ethical business decision making. Use technology and information resources to research issues in business ethics. Write clearly and concisely about business ethics using proper writing mechanics

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Common Mistakes

Briefly discuss the most common mistakes managers make and how they affect economic profit. Support your points with facts.  (Must be at least 350 words. Nothing less!) 

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Expected Value

Identify a situation that involves making decisions using expected value, and detail the different options, expectations, and payouts. Discuss the risks involved with those expectations and, if applicable, the payouts. Include in your discussion an explanation of how to determine how much information to gather to minimize uncertainty. Finally, explain which decision should be made. REPLY TO MY CLASSMATE’S RESPONSE TO THE ABOVE QUESTIONS AND EXPLAIN WHY YOU AGREE? (A MINIMUM OF 150 WORDS)CLASSMATE’S POST Before my first year of college, I was working two jobs from 7 am to 11 pm every day. I was making good money for having no free time on my hands. I wanted to save money to buy a good car that could serve me through college. After a good amount of time, I save up a great amount of money to achieve my goal. I considered a couple of factors while going through my summer. Since I had no free time, I did not really have a summer or spent time with many people because I was at work. The opportunity cost would be me deciding to get a great car or any car at the time. My expected payout would be having my car and being able to go wherever I wanted at the time. Also, my payoff in the new car would be great since I would continue to work and be able to upkeep the car. My final decision was made for the long-term purpose and what I wanted to do with the car if I wanted it to survive for college or keep it long term. I continued to work and ended up buying a great car that lasted me.

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Health and Productivity

Select 2 of the 3 discussion topics below:1. Health and Education: Discuss the education system in Nigeria. Utilize current statistics including the literacy rate of the population in your country. Describe the link between health and the education system.2. Health, Economic Status, and Poverty: Discuss the economic indicators related to Nigeria such as income per person, Gross Domestic Product (GDP), and the percentage of GDP spent on health care. Compare and contrast to the United States. Discuss the relationship between health and productivity. Is there a relationship between health and health expenditure? Describe the relationship between expenditure on health and health outcomes. 3. Health System: Identify and discuss the current health system in Nigeria.Health Care Services: Discuss access to healthcare services and barriers to health care. Utilize reliable sources to support your writeupsUse headings that match the requirements for each module. Cite textbook, Include in-text citations per APA guidelines. Module 5: Culture and Health• Introduce the topic of culture related to health. Describe the relationship between culture and health. Discuss gender norms associated with your country of the interview (Nigeria)• From the literature or online resources, identify a minimum of 2 common cultural practices that are helpful or harmful to health. * Describe the cultural practice and the impact on health. Discuss a minimum of 2 cultural factors that impact health. Be as specific as possible about the direct impact of these factors on health. Utilize reliable sources, including your textbook, to support your paper. Be sure to cite your references. Use headings that match the requirements for each module. Cite textbook, Include in-text citations per APA guidelines. Module 6: Health Factors and Disease• Introduce the topic of occupational, environmental, nutritional or unintentional injury factors that impact health/disease.• Describe common occupational, environmental, nutritional, or unintentional injury factors. (Select 2 of the 4 factors) that impact health and discuss how they relate to health.• Describe health promotion activities (potential or actual) related to these factors to improve health status • Discuss findings from a recent (within 5 years) research article from a peer-reviewed journal that supports the health promotion activity (evidenced-based practices). Use headings that match the grading rubric.  Describe health promotion activities as a separate paragraph. Utilize reliable sources to support your writeups. Be sure to cite your references. Use headings that match the requirements for each module. Cite textbook, Include in-text citations per APA guidelines. NOTE: Creativity such as posting of maps, pictures, tables, and videos is expected for visual appeal and reader interest.

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Taxes

Explain the mechanism through which taxes on gasoline reduce gasoline consumption For more information on Taxes read this: https://en.wikipedia.org/wiki/Taxes

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