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· How do changes in the business environment cause changes in supply and demand? Cite and explain at least two examples from the simulation.
· Why is marginal analysis used when making business decisions? How is marginal analysis used to respond to shifts in supply and demand? Cite and explain at least one example from the simulation.
· How did your team determine appropriate output levels in the simulation? Cite at least two examples. Were your team's output decisions successful? If so, explain specifically how your decision making process led to financial success. If not, identify any mistakes and explain what your team could have done differently.
· What fixed and variable costs does the operating company in the simulation have? Cite at least two examples for each.
· Describe a market situation in which the operating company faces economic difficulties and the need to cut costs. What cost cutting strategies might the operating company use to remain profitable? What would be the benefits and drawbacks of each?
The schools are in a bind as they make money off of the vending machines yet what is their responsibility to the 2/3 of overweight Americans? What are schools serving up for lunch? Does the community see this as a health issue?
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1. what kinds of beliefs or behavior would someone have to adopt before you would be willing to say that the person is
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Discuss applicable sales, licensing, and e-Commence laws the company will need to take into consideration during their initiative(s):
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