Reference no: EM131158621

DQ1: In What Manner is Wal-Mart Influencing America?

Perform an Internet search on, "Is Wal-Mart Good for America?" Read the introduction and the interviews sections of the PBS special. You can also visit Wal-Mart's website via the course Webliography. Then let's discuss in what manner Wal-Mart is influencing America.

Do Wal-Mart's business practices raise or lower our standard of living? How? Why do you think this is so?

Is Wal-Mart's business strategy fair and equitable to all parties? Why or why not?

DQ2: Can Social Entrepreneurship Succeed?

It is generally understood that social entrepreneurs are people with creative and innovative solutions for society's problems. They are possessed by their ideas and are committed to changing society for the better. Perform an Internet search to read more about social entrepreneurs at the Skoll Foundation's website. What are the risks for a social entrepreneur? Why? What are the benefits for a social entrepreneur? Why? What are the similarities and differences between business entrepreneurs and social entrepreneurs? Why is this important to consider and discuss? Can social entrepreneurship be successful in our capitalistic society; if so, how? Why? If not, why not? What should be changed in our capitalistic society to assist social entrepreneurs in becoming successful? Why? Would strict capitalists recommend such changes in order to accommodate social entrepreneurs? Why? How?

Homework:

• Prepare a two- to three-page paper in APA style, sixth edition format, that describes, explains, addresses, and answers the following questions or statements.
• Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why?
• Describe and explain why a socialist system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010.
• Use the laws of supply and demand to explain why the cost to heat our homes and businesses goes up in the winter time. Be sure to explain your answer fully.
• Include APA style in-text citations, as well as a reference section.