Category: Economics

  • “Analyzing the U.S. Auto Industry Using Porter’s Five Forces Strategy”

    Assignment 2: Application of Porter’s Five Force Strategy to the U.S. Auto Industry
    Porter’s five force strategy is a framework for making a qualitative evaluation of a firm’s strategic position which according to Porter should be used at the industry level, a marketplace in which closely related substitutable products or services are sold. Porter’s analytical framework consists of those forces that affect a producer’s ability to serve its customers and its  profitability. A change in any of these five forces requires a re-assessment of the marketplace. 
    According to this model, success in a business is primary based on managers knowledge of competition in the industry, customers, suppliers, potential entrants, and substitute products. The extended rivalry that results from all five forces defines an industry’s structure and shapes the nature of competitive interaction within an industry.
    This research paper must be documented in Microsoft Word, APA formatted, and includes at least three scholarly peer reviewed articles. I strongly recommend the use of the APUS library since the most acceptable resources can only be found in protected database. 
    The paper is required to be about 10 double spaced pages and submitted in the Assignment section of the classroom by midnight, EST, Day 7.  Upon submission, your paper automatically will be submitted to “Turnitin.com” for plagiarism review.  Your paper must be structured as
    1.Cover page with a running head,
    2. Abstract
    3. The U.S. Auto Industry
    3.1. U.S. Auto Industry Definition
    3.2. U.S. Auto Industry Market Structure
    3.3. U.S. Industry Future Outlook
    4. Application and Analysis of Porter’s Five Forces Strategy to the U.S. auto industry
    4.1. Bargaining Power of Buyers
    4.2. Bargaining Power of Suppliers
    4.3. Competitive Rivalry in the Industry
    4.4. Threat of New Entrants
    4.5. Threat of Substitutes
    5. Conclusion
    6. References
    Burke, A., van Stel, A., & Thurik, R. (2010). Blue ocean vs. five forces. Harvard Business Review, 88(5), 28-29.
    Dobbs, M. (2014). Guidelines for applying Porter’s five forces framework: a set of industry analysis templates. Competitiveness Review, 24(1), 32-45.
    Cole, Fulton, and Akridge.  Industry Analysis: The Five Forces
    https://www.extension.purdue.edu/extmedia/ec/ec-722.pdf
    Ireland, R. D., Hoskisson, R. and Hitt, M. (2008). Understanding business strategy: Concepts and cases. Cengage Learning.
    Porter, M.E. (March–April 1979) How Competitive Forces Shape Strategy, Harvard Business Review.
    Porter, M.E. (January 2008) The Five Competitive Forces That Shape Strategy, Harvard Business Review.

  • Title: Understanding Poverty Rates in Two Countries: A Comparative Analysis

    In country A, the population is 300 million and 50 million people are living below the poverty line. What is the poverty rate?
    In country B, the population is 900 million and 100 million people are living below the poverty line. What is the poverty rate?
    Which country has the higher poverty rate?  Which country is doing worse?  How do you know this?
    Video that are helpful.
    Lorenz Curve and Gini Coefficient – Measures of Income Inequality (Econplus) – 7:58
    Poverty and Economic Inequality Defined (One Minute Economics) – 1:43
    How is Poverty Measured? (Institute for Research on Poverty) – 4:18
    How Poverty is Measured in the United States (AmeriCorps Service Resources) – 2:34
    The Poverty Trap (International Hub) – 3:30
    Lyndon Johnson’s “Great Society” Explained (One Minute Economics) –  1:12

  • “Analyzing Management Strategies: The Role of Shirking in Labor-Management Relations”

    Be sure that you have carefully read the instructions for participating in the weekly discussion forums, especially as regards what is acceptable as a current news article.
    Non-economists too often think about management in adversarial terms: labor versus management. But in Part B of Chapter 2 we learn that as groups grow larger the problem of shirking grows. This suggests that workers have a reason to want tough (but fair) bosses. For this Discussion Forum, find a current news article that relates in some way to the issue of shirking and how bosses can solve the problem.
    Online Discussion Expectations
    Discussion is an integral part of the classroom
    experience.  Individual participation and
    contribution to online discussion sessions is encouraged and expected. 
    Here are qualities of a full-credit student post (adapted
    from Sloan Consortium http://www.sloan-c.org):
    ·       
    Substantial – cites PowerPoint, textbook, or
    video segments
    ·       
    Concise – focused response. 
    ·       
    Provocative – student asks a question to
    facilitate discussion
    ·       
    Interpretative – expands concepts or connects
    ideas in new ways
    ·       
    Timely – posted within set time limits
    ·       
    Grammatical – free of writing errors
    A student should not make all contributions in one or two
    days.  In order to receive full-credit
    for discussion, you are encouraged to participate in the discussion at various
    times throughout the discussion week.
    The vast majority of the Discussion Forums are tied to the
    chapters in the textbook – one for each of the twelve chapters. These forums
    require that the student make a substantial original post (500 words – NOT
    counting the hyperlink and reference) and respond to the original posts of at
    least two other students (100 words each).
    The original posts must include a working link to a current
    news article (NOT an article from a professional journal) as well as an
    APA style reference for the article.
    One of the goals for this class is for students to use
    concepts introduced in the course to analyze current issues in managerial
    economics, hence the emphasis on current news articles.
    ·       
    Current
    means an article that is recent – published within the last six months or so.
    ·       
    News
    means an article from a recognized news source such as a daily newspaper or a
    weekly or monthly news magazine. 
    Online versions of those sources are fine, but BEWARE the
    use of online articles from websites that are devoted to a particular point of
    view, whether it be progressive or conservative.  Why? Because they usually put too much of a
    spin on what is supposed to be a news report. Also do not use articles from
    online encyclopedias. While they may provide information on the topic at hand,
    but it will be definitions and history as opposed to current news.
    HINT: When doing a Google search, below the box where you
    enter what you are searching for, select “News.”)
    Because these Discussion Forums linked to the individual
    chapters are a key part of assessing the student’s mastery of key concepts
    presented in the class, full credit requires applying concepts from the
    textbook in analyzing the chosen news article – summarizing the article is
    unnecessary and inadequate.
    Responses to original posts must go beyond nice job” or “I
    agree with your post.” For full credit they must advance the analysis in some
    way – perhaps by reference to the news article selected by the respondee.
    Points will be deducted on original posts if:
    ·       
    They are late
    ·       
    They fail to meet the required word minimum
    ·       
    The article is not current (within the last six
    months)
    ·       
    The article is not a news article
    ·       
    The article is short and offers little for
    analysis
    ·       
    The post is summary rather than analysis
    ·       
    The post fails to reference material from the
    textbook
    ·       
    The post fails to include a working hyperlink
    that can be used by others to read the article
    ·       
    The post fails to include an APA reference

  • The Impact of Automated Recommender Systems on Contemporary Society: Applications, Advantages, Limitations, and Ethical Considerations Introduction Automated recommender systems have become an integral part of contemporary society, shaping decision-making processes, consumer behavior,

    To what extent do automated recommender systems shape contemporary society, and what are their implications for individuals, businesses, and society at large? In your response, explore the applications, advantages, and limitations of these systems, while also critically analyzing the ethical considerations they raise. Consider how automated recommender systems influence decision-making processes, consumer behavior, and societal dynamics, and evaluate their potential impacts on privacy and fairness, when considering individuals, businesses, and society as a whole.
    Grading Criteria – Refer to the Discussion Forums Grading RubricDownload Discussion Forums Grading Rubric
    For full credit on the discussion forums, students must:
    make a substantial initial post (500 words minimum) responding to the discussion prompt questions while citing at least two credible sources.
    APA 7th Edition format is required for initial discussion posts.
    Your two references should be one scholarly and one supportive that further substantiate the significance of your comments.  The scholarly reference should be drawn from reputable academic journals or books, while the supportive reference can be sourced from industry reports, reputable news articles, or credible business publications. Then use those references to explain your thoughts and ideas.

  • Title: “The Impact of Unemployment and Inflation on the Economy: A Current Events Analysis” Summary: The chosen podcast for this assignment is NPR’s “Marketplace,” specifically the episode titled “The State of the Labor Market.” This

    Topic: Current Events in Macroeconomics – Unemployment and Inflation
    Macroeconomics is much more than just what you read in a textbook. It is what happens every day, the sum of everything that affects the well-being of all. In fact, macroeconomics affects everyone throughout the country and the world. 
    Choose one of the two options below and pay particular attention to any discussion relating to the macroeconomics concepts addressed in the current unit. After listening or reading, answer the following questions:
    What important new things did you learn?
    Did the topics discussed in the article or podcast relate to your personal experience in any way? If so, how? If not, how do you believe it could?
    How does this new knowledge relate to unemployment, inflation, or other macroeconomic measurements that are being explored in this unit and how they impact the entire economy?
    Based on what you learned, what action(s), if any, do you think the government, or society, should take?
    Option 1: Podcast
    Choose any podcast related to the macroeconomics concepts addressed in the current unit, then choose a specific current episode of that podcast. Examples of acceptable economic-oriented podcasts include:
    NPR’s Marketplace
    NPR’s Planet Money
    Bloomberg’s Stephanomics
    The New Economics Foundation’s Weekly Economics
    If you are unfamiliar with podcasts, use any of the above options or just search for economics podcasts. You may also use TED Talks about economic issues. 
    Option 2: Magazine or Newspaper Article
    Using the Library’s Publication Finder, search for a magazine or newspaper that publishes economic-related content. Select a current article related to at least one of the macroeconomics concepts addressed in the current unit.
    Examples of magazines and newspapers publishing economic-related content include:
    The Economist
    Harvard Business Review
    New York Times
    Wall Street Journal
    Checklist:
    Summarize your chosen podcast or article.
    Identify at least three things from the podcast or article that you believe are relevant to current macroeconomic policy.
    Add YOUR personal comments and experiences. 
    Cite your podcast or article in APA format. See the Writing Center’s page on Common Citations and References in APA Style (7th Ed.), under “Audio Works,” for more on how to reference podcasts. Click the Library link under the Academic Tools section of this course to review APA style in the Business Resource Guide, as needed. 
    Review the discussion rubric linked below to ensure you have addressed all grading criteria.

  • The Impact of International Trade and Globalization on the Economy of (Country/Region): Advantages and Disadvantages

    For the final paper, you will write a paper of at least 2000 words (8 pages) on the advantages and disadvantages of international trade or globalization that have impacted a country or region of your choosing. 
    For your final paper, you will research and analyze the advantages and disadvantages of international trade or globalization that have positively or negatively impacted the economy of a country or region of your choosing. These positive or negative impacts can be from the past or present. 
    Your paper should include the following: 
    An introduction in which you describe a country’s or region’s international trade patterns with one or many of its important trade partners. You must use statistical data and factual information to address this question. 
    Integrate at least two economic concepts from the course (e.g., tariffs, supply and demand, externalities, the gains of trade and comparative advantage, common resources, monopolies and oligopolies) in your responses to the following bullet points. Use graphs, charts, equations, and so on to relate the theories that you choose. 
    Explain at least two specific positive impacts of international trade or of globalization on the country or region that you chose. 
    Explain at least two specific negative impacts of international trade or of globalization on the country or region that you chose. 
    Identify at least two groups that were particularly affected by international trade or by globalization  (e.g., international businesses, domestic businesses, the domestic consumer, the domestic economy, workers in a particular industry). Explain how these groups were positively or negatively impacted. Consider the ethical and social implications of various aspects of the economy in your response. 
    Propose a detailed policy recommendation that you believe would help to mitigate the adverse impacts or enhance the positive impacts of trade or globalization on the country or region that you chose. 
    Be sure to use reliable sources and detailed statistical data to support your paper. You should use a minimum of five sources and appropriately reference all of your sources using APA guidelines. 
    If you have questions about the requirements of the paper, be sure to discuss them with your mentor well in advance of the final submission. You can reference the final paper grading rubric located in the Evaluation Rubrics folder. Consult the Course Calendar for the due date. 
    Note: The final paper corresponds to or addresses the following Bachelor of Science in Business Administration (BSBA) outcomes:
    Demonstrate critical-thinking skills in business-related situations. [BSBA 2]
    Employ empirical approaches to planning and decision making using quantitative reporting mechanisms. [BSBA 3]
    Your work on this assignment should reflect your ability to:
    Present information from reliable sources using sufficient interpretation and evaluation to develop an analysis or synthesis. [BSBA 2.2: Evidence]
    Adequately present and explain key concepts, capably linking ideas. [BSBA 2.7: Presentation]
    Reach reasonable conclusions and state outcomes (consequences and implications) satisfactorily. [BSBA 2.8: Conclusions and outcomes]
    Use the quantitative analysis of data as the basis for competent judgments, drawing reasonable conclusions from this work. [BSBA 3.4: Application/analysis]
    Use quantitative information in connection with the argument or purpose of the work, present it in a reasonably effective format, and explicate consistently. [BSBA 3.6: Communication]

  • “Understanding the Fundamentals of Economics through PowerPoint Presentations” Introduction PowerPoint presentations have become an essential tool for teaching and learning in today’s digital age. They provide a visual aid that helps to simplify complex concepts and engage the audience. In the

    I would like to have an essay consisting of five paragraphs. three main topics with an intro and conclusion.
    1-Power PowerPoint slides on basic economic concepts (slides 1-15) par 1
    2. Powerpoint slides on optimization techniques (slides 1-24)par 2
    3. Powerpoint slides on demand analysis (slides 1-30) (skip slides 16-20,23) par 3
    I would like to have three par. one for basic economics one for demand analysis and the third for optimization you can find those topics in the PowerPoint I sent them. The intro and conclusion are required too.

  • “The Fundamentals of Economics: Exploring Concepts, Optimization Techniques, and Demand Analysis” Introduction: Economics is a complex and ever-evolving field that plays a crucial role in shaping our society. It is the study of how individuals, businesses

    I would like to have an essay consist of five paragraph. three main topics with intro and conclusion.
    1-Power point slides on basic economic concepts (slides 1-15) par 1
    2. Power point slides on optimization techniques (slides 1-24)par 2
    3. Power point slides on demand analysis (slides 1-30) (skip slides 16-20,23) par 3
    I would like to have three par. one for basic economics one for demand analysis and a third one for optimization you can find those topics in the PowerPoints I sent them. The intro and conclusion are required too.

  • Title: The Implications of China’s Potential Rise as the World’s Largest Economy for the Global Economy and Business Strategies

    The world economy is becoming more global in scale. Consider
    the major drivers of globalization and how they seem to be thrusting major
    nation-states toward a more tightly integrated global economy. If the current
    trends continue, China may be the world’s largest economy in the future.
    Discuss the possible implication of such as development for (a) the world
    trading system, (b) the world monetary system, (c) the business strategy of
    today’s US-based global corporations and their European counterparts, and (d)
    global commodity prices.Make sure you provide substantive graduate level answers,
    emulating the practice questions provided in the Assignments. Please use
    adequate, credible and reliable APA source citations to support your
    work. Review the guidelines file provided  to
    ensure all requirements are met. Also use the Rubic and templete as guidelines attached. You can choice one reference of your choice for the paper but use all the attachments as references in the paper. 

  • Title: The Impact of Kenya’s Finance Bill on the Economy: An Analysis of Positive and Negative Effects

    Introduction:
    Briefly introduce the Finance Bill and its purpose.
    Body:
    Overview of the Finance Bill
    Positive Effects on the Economy
    Negative Effects on the Economy
    Conclusion:
    Provide a final thought or recommendation regarding the Finance Bill’s impact on the Kenyan economy.
    Formatting:
    Use Times New Roman, 12-point font, and double spacing.
    Include a title page and a references page (not included in the 2-page count).
    Cite all sources in APA format.