Regulation that keeps prices high enough to get good returns

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Reference no: EM131263449

Learning Activity #1

We have used Naked Wines as a "case study" throughout the course.

While everyone loves to whine [sic], whining has never been known to lead to insight. Rebellion, yes. Insight, no.

Reflecting back over the last seven weeks, what was most useful (or, alternatively, least productive) to you about the Naked Wines "case study"?

Practice your communications skills while answering this question. EITHER, write a an overall conclusion reinforced by three dot point sentences beneath, OR write about one aspect of the case study with three dot points that support that observation/conclusion.

Note that in effective writing, your dot points should follow one of two "flows": 1) a "grouping" list of three similar pieces of data, all expressed in the same fashion, or 2) a logical progression. The examples below are somewhat trivial. Your LA should likely be a one or two sentence intro paragraph, three-five "point" paragraphs, and a concluding one or two sentence paragraph.

An example of grouping:

The big railroad business offers poor returns.

• Union Pacific (UP), the biggest western railroad, has poor returns
• CSX, the biggest eastern railroad, has poor returns
• CP, a big railroad between UP and CSX, has poor returns.

Therefore, the big railroad business is prone to yielding poor returns.

An example of logic flow:

Big railroads are likely to offer poor returns.

• Businesses that are capital intensive typically have bad returns unless they have natural monopolies or regulation that keeps prices high enough to get good returns on capital

• Big railroads are

o capital intensive
o have only limited natural monopolies
o have little helpful regulation

• Big railroads do not generally meet the conditions for a profitable, capital intensive business

Learning Activity #2

So.

Think about these questions:

1) Take the last five or so people you "worked for" (or you were in an analogous situation). How many of these engaged a clearly moral way, a clearly immoral way, or something in between? Give an example (disguised as necessary) of notable moral leadership or immoral leadership in a real situation you have encountered.

2) What do you think makes a "moral" person make an "unethical" decision in a management situation? Is this practical and/or a good idea?

3) How can an individual protect himself or herself from feeling "forced" to make (or implement) an unethical decision?

4) How can an organization help its employees address "unethical" situations?

What advice in this regard would you give to a person looking to land his/her first "real" job?

2 pages with references LA1 and LA2 for both.

Reference no: EM131263449

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