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Purpose of Assignment
The purpose of this is assignment is for students to review the basic principles of economics and the concepts of the circular flow model, showing the connectivity of society's economic players and the flow of goods and money within an economy. Students will learn how society allocates its scarce resources and how economists are both scientists and policymakers. Students will define GDP and CPI and how they are calculated.
Assignment Steps.
Resources: National Bureau of Economic Research; Principles of Macroeconomics: Ch. 1, 2, 3, 4, 5, 6, and 7
Scenario: Your organization's CEO is concerned that members of the strategic planning committee are not familiar with current economic thought and principles. The CEO has assigned you the task of developing a report to introduce some of these thoughts and principles.
Develop a 1,050-word report to the members of the strategic planning committee explaining the following information:
Format the assignment consistent with APA guidelines.
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The following is excerpted by permission of Harvard Business School Press from "Workforce Crisis: How to Beat the Coming Shortage of Skills and Talent." Copyright 2006 Ken Dychtwald, Tamara J. Erickson, and Robert Morison. All rights reserved.
Based on distribution channel used, Dell's B2C business model can be classified as a
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Please show the steps on how it is solved. Question: Consider a competitive firm with the following profit function. Π = R-C = PQ-wL-rK
Imagine your are one of the Apple board chairmen. In the essay you choose to describe the external business environment of Apple from own research.
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Do you believe which the complex task of management can be boiled down to a few principles? Or will there always be so many personality and situational variables involved which the practice of management will remain more of an art than a science?
Business men who have liked the motive of the road to success will always find it necessary to use every opportunity available. What are the opportunities in business?
How could this exercise help a team appreciate multiple perspectives and how could this exercise help a team develop strategies for accomplishing change?
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