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Assignment:
Answer the following questions:
1. Explain the definition of emerging market and list at least one international index listing emerging countries. According to the index you are listing South Korea, Singapore, and Poland as emerging countries. Explain why yes or no dor each oh the three countries.
2. Discuss how the "five context of frameworks" can help companies like Carrefour identify the key factors they should focus on to succeed in a country like Brazil or China.
Discuss the main difference between the two countries by applying the framework. Base your arguments on your preparation and what we have discussed in session 1 and the work case studies.
3. Imagine that you are consultant, and you are invited to help Naos (the company we work on during the business game) identify key success to build a sustainable business in an emerging country such as South Africa. Explain in a short introduction why the approach should differ from a western economy and draft at least five recommendations to help the company succeed. Explain your ideas in detail.
4. Explain the concept of "Jeitinho in Brazil and Guanxi in China". What are the differences? Give at least one example for each concept.
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
Case study analysis about optimum resource allocation: - Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
Problem - Total Cost, Average Cost, Marginal Cost: - Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1, 1 and 2, 2 and 3, etc.)
Problem based on Oligopoly and demand curve, Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..
Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:
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Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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