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Last update: April 22, 2019
  • Managerial Economics for Decision Making

    Managerial Economics for Decision Making

    Course Title: Managerial Economics for Decision Making Department: School of Business Course Number: ECO 610 Semester, Year, and Class Meetings Dates and Hours: Spring 2019, Wednesday 5:45 -8:25 Professor: Sang Won Yoon Phone & E-Mail: (240) 461-9530 & swyoon01@gmail.com Office Hours: After class Course Description: The objective of the course is to provide an understanding of how fundamental economic theory can be applied to decision making within the firm. The main topics covered will be

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    Essay Length: 454 Words / 2 Pages
    Submitted: February 21, 2019 Autor: tommy199342
  • "good Theories Gone Bad: Theories in Economic Anthropology and Consumer Research" - Richard Wilk

    "good Theories Gone Bad: Theories in Economic Anthropology and Consumer Research" - Richard Wilk

    "Good Theories Gone Bad: Theories in Economic Anthropology and Consumer Research" - Richard Wilk In his article "Good Theories Gone Bad: Theories in Economic Anthropology and Consumer Research" which was published in 2002, Richard Wilk talks about high- and mid-level theories in economic anthropology and consumer research.He talks about consumption through two perspectives- Consumer Research and Anthropology.He divides consumption (in economic anthropology) into three groups, the social, the cultural, and those based on individual rational

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    Essay Length: 359 Words / 2 Pages
    Submitted: February 28, 2011 Autor: andrey
  • China: Economic Growth and Reform

    China: Economic Growth and Reform

    China: Economic Growth and Reform China has been the fastest growing economy in the world for more than 30 years. From 1978 to 1998, China's GDP quadrupled and in that time has become the second largest economy in the world (Washington Post). China has seen rapid industrialization and economic success that has far surpassed that of the United States and Great Britain during their industrial ages. While one may be impressed with the progress that

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    Essay Length: 2,022 Words / 9 Pages
    Submitted: February 28, 2011 Autor: andrey
  • The Economic Impact of Rising Oil Prices in Automotive Industry

    The Economic Impact of Rising Oil Prices in Automotive Industry

    The Economic Impact of Rising Oil Prices in Automotive Industry The rise in the oil prices plays a major role in the automotive industry. “The world consumes over 82 million barrels of oil per day (BPD), with the united states taking roughly 20 million BPD” (McFarlane). Oil provides 97 percent of the transportation fuels that helps to run the cars, trucks and other vehicles in the nation’s highway (Heinberg). Thus, when the price of the

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    Essay Length: 614 Words / 3 Pages
    Submitted: February 28, 2011 Autor: jon
  • The Social Responsibility of a Business Is to Increase Its Profits - Milton Friedman

    The Social Responsibility of a Business Is to Increase Its Profits - Milton Friedman

    The author in his article has stated that only people can have responsibilities and that there is no such thing as "social responsibility" of a business. A corporation is considered as an artificial person and therefore shall have artificial responsibilities. The individuals who are responsible are the businessmen, who can be individual proprietors or corporate executives. A corporate executive is employed by the owners of the business and his responsibility is to conduct the business

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    Essay Length: 701 Words / 3 Pages
    Submitted: February 28, 2011 Autor: antoni
  • Balanced Scorecard Vs. Economic Value Added

    Balanced Scorecard Vs. Economic Value Added

    The balanced scorecard is a preferred method because it can be used in conjunction with other performance systems. The balanced scorecard (BSC) is a system that coordinates and operates with goals and objectives of the company. A main objective of this system is to direct the organization on the right path in order to reach the company's goals. BSC includes the objective of adding value to the company's goals. BSC first came about after studies

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    Essay Length: 468 Words / 2 Pages
    Submitted: March 1, 2011 Autor: peter
  • Instructions for Making Sandwiches

    Instructions for Making Sandwiches

    Types of Sandwiches Pinwheel Sandwich Instructions for making a pinwheel sandwich • 1 Buy the pinwheel sandwich filler ingredients. Vegetables like cucumbers, radishes and peeled carrots are great additions. Many diners like to add a slice or two of cheese or deli meats for a heartier fare. • 2 Remove the crust on a full loaf of white bread. Slice the bread in half lengthwise with a large bread knife. • 3 Flatten each half

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    Essay Length: 402 Words / 2 Pages
    Submitted: March 3, 2011 Autor: rita
  • Economics of Employment Statistics

    Economics of Employment Statistics

    Employment/Unemployment Employment and Unemployment on the macroeconomic level directly correlate to the health of our economy. Total Employment can be broken down and measured by several different sets of data: Total Nonfarm Employment, Civilian Unemployment Rate, New Jobless Claims and Help-Wanted Online Advertising. Statistical analysis of both current and historical trends within this data can be used as an indicator to predict future states of the economy. It is important to understand where and how

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    Essay Length: 803 Words / 4 Pages
    Submitted: March 3, 2011 Autor: rita
  • The Categorical Imperative Confronts Modern Business

    The Categorical Imperative Confronts Modern Business

    The Categorical Imperative Confronts Modern Business Abstract: Immanuel Kant grounds moral judgement in the nature of the human being–the human being can see the universal in specific instances of life, and hence, is an embodied universal that needs to be treated as such. It is difficult, but not impossible, to reconcile Kant with modern capitalism and business. This paper attempts to see means whereby politics can realize Kant in practice, with a strong reference to

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    Essay Length: 2,522 Words / 11 Pages
    Submitted: March 8, 2011 Autor: Antonio
  • Business Law Strategic Considerations

    Business Law Strategic Considerations

    Kenny's mother sues Authorit-I for the damage caused by Cartman. Cartman was allegedly conducting business, but he was not expected by Authorit-I to conduct himself in the drunken negligent manner he did resulting in the death of Kenny. Authorit-I would be liable for these actions only if Cartman was acting within the scope of his authority as an employee. In this case, the negligent behavior was definitely not requested or authorized by Authroir-I, furthermore, it

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    Essay Length: 1,032 Words / 5 Pages
    Submitted: March 8, 2011 Autor: andrey
  • Economics - Adam Smith's Theory

    Economics - Adam Smith's Theory

    According to Adam Smith's theory, a party is known to possess absolute advantage when the party generates more of a good or service than their competitors given similar amount of resources being utilized. It is assumed only labour is contributed as key input as this theory is mainly based on labour productivity. The theory asserts that a party benefits in focusing production and exportation of a good or services which have absolute advantage and leverage

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    Essay Length: 1,367 Words / 6 Pages
    Submitted: March 8, 2011 Autor: viki
  • Business Statistics

    Business Statistics

    From the research conducted it was found that the customers with a balance greater than $100,000 did not conduct their banking in the morning, rather, in the afternoon. This conclusion can be made by the use of the techniques, of descriptive analysis and hypothesis testing. In this example it was noted that a two tailed test was needed as the statistical hypothesis was directionless, meaning the alternate hypothesis can be either greater than or less

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    Essay Length: 466 Words / 2 Pages
    Submitted: March 8, 2011 Autor: antoni
  • Economic Settings: Trends of Bank Mergers

    Economic Settings: Trends of Bank Mergers

    Economic Settings: Trends of Bank Mergers To understand the factors driving bank mergers and acquisitions trend it is necessary to examine the past of the bank system. Opening of the banks started as a protection of businesses, then as the guardians of the savings, later they have being attacked as lenders. In the time of inflation, real estate market recession of the late-80s , commercial banks survived by seeking stronger institutions as acquisition partners and

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    Essay Length: 3,512 Words / 15 Pages
    Submitted: March 8, 2011 Autor: andrew
  • Organizational Behavior - Hawthorne Studies

    Organizational Behavior - Hawthorne Studies

    1. Discuss the original purpose of the Hawthorne studies as opposed to what they ended up showing. Make a list of points illustrated by the Hawthorne Studies. The original purpose of the Hawthorne studies was to study the effects of lighting (or illumination) and worker productivity. Instead of showing a relationship between illumination and productivity, the study emphasized the importance of understanding human behaviors and attitudes. The study revealed that productivity or output is not

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    Essay Length: 777 Words / 4 Pages
    Submitted: March 8, 2011 Autor: andrey
  • How Should Rosa Go About Making Her Decision?

    How Should Rosa Go About Making Her Decision?

    1. How should Rosa go about making her decision? (20 marks) A Project Manager will be a big help for Rosa to decide on what kind of project will boost the organization's strengths, bring about it's competitive advantage and a project that will increase income, decrease cost, improve productivity and reduce risk. The project manager will also help her pick the best project. Rosa with the help of a Project Manager will be able to

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    Essay Length: 4,989 Words / 20 Pages
    Submitted: March 8, 2011 Autor: moto
  • Business Strategy for Coffee

    Business Strategy for Coffee

    i. Executive summary 1.0 General Business description 1.1 Business concept 1.2 Vision statement 1.3 Mission statement 1.4 key success factor 1.5 Capital requirement 2.0 Product and services 2.1 Product description 2.2 Service description 3.0 Marketing plan 3.1 Market size 3.2 Target market 3.3 Market statistics and trends 3.4 Competitive environment 3.5 Swot analysis 3.6 Business risks 4.0 Marketing plan 4.1 Pricing strategy 5.0 Operation plan 5.1 Milestones 5.2 Operational support systems 6.0 Human resource plan

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    Essay Length: 928 Words / 4 Pages
    Submitted: March 8, 2011 Autor: rita
  • Managerial Economics Chapter 5 / 6 Homework

    Managerial Economics Chapter 5 / 6 Homework

    1. You are the manager of a firm that sells output at a price of $40 per unit. You are interested in hiring a new worker who will increase your firm's output by 2,000 units per year. Several other firms also are interested in hiring this worker. a. What is the most you should be willing to pay this worker to come to your firm? • Hiring the new worker will result in increased production

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    Essay Length: 863 Words / 4 Pages
    Submitted: March 8, 2011 Autor: peter
  • E-Business Application Development for a Nike Concept Store

    E-Business Application Development for a Nike Concept Store

    Introduction This project is an E-Business application development for a Nike Concept Store, so the application should be able to support and guide the user about the Nike products in the store. This application has five main pages which include; Home, Nike Men, Nike Women, Nike Kids, and Contact us page. The home page is simply about the Nike store and it introduces the user to the Nike products. The Nike Men is the second

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    Essay Length: 409 Words / 2 Pages
    Submitted: March 8, 2011 Autor: peter
  • Process for Conducting a Make/buy Analysis

    Process for Conducting a Make/buy Analysis

    Process for Conducting a Make/Buy Analysis Number: 580-SP-0-01 Approved By: (signature) Effective Date: July 24, 2009 Name: John T. Donohue Expiration Date: July 24, 2014 Title: Chief, SED Responsible Office: 580/Software Engineering Division (SED) Asset Type: Sub-process Title: Process for Conducting a Make/Buy Analysis PAL Number: 2.1.1.1 Purpose This document describes the tasks to be followed when evaluating whether to make or buy a software system or component. It also contains specific guidance for the

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    Essay Length: 647 Words / 3 Pages
    Submitted: March 8, 2011 Autor: peter
  • Business Ethics - Why Good People Do Bad Things

    Business Ethics - Why Good People Do Bad Things

    FROM THE DESK OF WENDY HARPER CONFIDENTIAL ADVICE TO CHARLES MARK RE: PENASCO PENSION ISSUE November 17, 2010 Charles – As promised in our telephone conversation on 15 November, I am providing you with my views on PENASCO's pension crisis. This memo includes the background research that I conducted in advance of our conversation, and at the end details what I believe the company should do to overcome some of the shortfalls described. 1. Why

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    Essay Length: 1,892 Words / 8 Pages
    Submitted: March 8, 2011 Autor: jon
  • Impact of Terrorism on the Economic & Social Aspects of United States

    Impact of Terrorism on the Economic & Social Aspects of United States

    Impact Of Terrorism On The Economic & Social Aspects of United States 1. Introduction 2. The effects on tourism of September 11th attacks in United States 3.Conclusions 1. Introduction Terrorism is using of force or violence against people or property by groups or persons for political goals. For example, in violation of the criminal laws, coercion or ransom. Terrorist acts can be bombing, attack of biological or chemical agents or weapons of mass destruction(WMD). Most

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    Essay Length: 1,112 Words / 5 Pages
    Submitted: March 8, 2011 Autor: jon
  • The Decision Making Process

    The Decision Making Process

    The Decision Making Process The decision making process is a model which helps marketers make important decisions on the whole decision making process which their potential buyer makes and not just the decision to buy the specific item. The process is known not to work on every purchase made by a consumer, for example some customers can skip through or reverse certain steps, e.g. if a consumer is thirsty they will go and buy a

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    Essay Length: 720 Words / 3 Pages
    Submitted: March 8, 2011 Autor: Antonio
  • Is There Ethnic Discrimination in the U.K Market for Small Business Credit Against Black People?

    Is There Ethnic Discrimination in the U.K Market for Small Business Credit Against Black People?

    Is there Ethnic Discrimination in the U.K Market for Small Business Credit against Black People? Introduction Discrimination is the act where one is making a distinction in favour or against an individual by segmenting them in categories of age, gender, colour, religion, sexuality or disability. The first Discrimination Act that was placed in England to give everyone equal opportunities was the Race Discrimination Act in 1976. "Racial discrimination defines a person by referencing them in

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    Essay Length: 1,433 Words / 6 Pages
    Submitted: March 8, 2011 Autor: jon
  • Business Policy - Strategic Management Approach

    Business Policy - Strategic Management Approach

    Personal Reflections: The strategic management approach has to be top-down. Although the bottom line of a company may have very good ideas about taking the business to the next level, it is only the top-management that can make provisions to implement those ideas, while encouraging all the employees to think about ways in which they could make the business sustainable. Business processes sometimes will have to be re-engineered in order to implement the outcomes of

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    Essay Length: 855 Words / 4 Pages
    Submitted: March 8, 2011 Autor: Antonio
  • Business Environment

    Business Environment

    Business environment is a set of political, economic, social and technological (PEST) forces that are largely outside the control and influence of a business, and that can potentially have both a positive and a negative impact on the business. http://www.1000ventures.com/business_guide/business_environment.html The rules governing the four freedoms of movement – for goods, services, people and capital – are not, by themselves, sufficient to achieve the objectives of the Single Market. These objectives can be fully achieved

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    Essay Length: 333 Words / 2 Pages
    Submitted: March 8, 2011 Autor: moto

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