Prepare an argument explaining the major reasons

Assignment Help Business Economics
Reference no: EM13726425

In the land of free trade the public does not view all industries as equal. Do you believe that is ethical? Do you believe that some industries are unfairly targeted? Should it be consumers' choice to partake in products that are not healthy for them, or do those companies have an ethical obligation to protect people? In this assignment you will choose one (1) industry to write about. Possible industries to research could be tobacco, soda, alcohol, casinos, or candy companies, just to name a few.

Write a one and a half to two (1 ½ - 2) page paper in which you:

  1. Become an advocate for either the consumer or the industry. Prepare an argument explaining the major reasons why you support either the consumer or the industry.
  2. Explain the role capitalism plays in corporate decision-making.
  3. Discuss if you believe it is possible for a company to cater to both its best interest and that of the consumer conjointly or if one always has to prevail. Justify your response.
  4. Use at least two (2) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.

Reference no: EM13726425

Questions Cloud

Make a timeline of events in history of american education : you are required to make a timeline of the events in the history of American education that made a significant impact, and include a summary of each event.
Major organizational factors contribute to job satisfaction : Analyze the manner in which job satisfaction impacts both individual performance and an organization's ability to meet its objectives. Give at least two (2) examples of the major organizational factors that contribute to job satisfaction.
Current debt-equity ratio-risk level of project : Kelly's uses the firm's WACC as the required return for some of its projects. For other projects, the firms uses a rate equal to WACC plus 1 percent, while another set of projects is assigned rates equal to WACC minus some amount. Which one of the fo..
Why does this problem exist or what causes it : Your company, Rasmussen Consulting, was hired by MovieFlix, a company that provides subscription service for on-demand Internet streaming media and DVD-by-mail within the U.S. Why does this problem exist or what causes it
Prepare an argument explaining the major reasons : Become an advocate for either the consumer or the industry. Prepare an argument explaining the major reasons why you support either the consumer or the industry.
Illustrates the concept of cyclical unemployment : The economy is at full-employment and spending increases, which spurs inflation - Which of these groups would be helped by inflation
Why it is utilized despite its complexity : Database connectivity is a very complex issue. Address what makes it so complex and what could be done to simplify it. Include in your discussion why it is utilized despite its complexity. Personalize your answer and give examples
Strategy formulation and impluementation : Strategy Formulation and Impluementation. The two recommendation in my notes for the section completed should be the basis of how you come up with the implementation, action plan, mission justification, goals and objectives, time for completion an..
What is the source of its monopoly power : Name one monopoly firm you deal with. What is the source of its monopoly power? Do you think it seeks to maximize its profits

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd