Describe how the supply and demand curves were affected

Assignment Help Marketing Management

Reference no: EM13725576

Question 1: Economy and Pricing

An early chapter we read discussed concepts from economics that are important for business students to learn about. Explain how prices are determined in a free-market economy. During the recent recession, consumers were less willing and able to purchase products they had grown accustomed to buying. Describe how the supply and demand curves were affected by consumers' decisions to pull back on their spending. What do you think the prognosis is for the economy in the near and long term and why?

Question 2: Effects of NAFTA

NAFTA recently celebrated its 20 year anniversary. Your Saylor Foundation text stated that "by and large, NAFTA has been a success." Not everyone agrees with this conclusion with one recent article asserting that there is "overwhelming evidence of NAFTA's failure" and citing a poll that found that "53 percent of Americans believe that the U.S. should "do whatever is necessary" to "renegotiate" or "leave" NAFTA, while only 15 percent believe the U.S. should "continue to be a member of NAFTA" and another claiming that it has had a negative impact on the U.S. and "has cut a path of destruction across Mexico." Which is correct - the text or the other articles? Explain what the actual results of NAFTA have been and what should be done about it going forward from the perspective of the participants. Should similar trade pacts such as the Trans-Pacific Partnership which has been years in making be passed or do possible detrimental effects need to be more carefully studied first?

Question 3: Legal Business Forms

Your text discussed a number of different legal business forms and you had the chance to think about what one you would choose for an organization you might like to start in one of our learning activities. Although most new businesses start out as sole proprietorships, few large businesses are organized this way. Why is the sole proprietorship such a popular form of ownership for new businesses? Are there features of sole proprietorships that might make them unattractive for growing businesses? What business forms would be most appropriate for a growing business? Is there one best form for a for-profit business, and why?

Reference no: EM13725576

Questions Cloud

Find the steady state probability : What is the distribution of the time till the next epoch of N2(t), what is the probability that the next epoch of N(t) is an epoch in N1(t) and what is the distribution of the next epoch of N(t)?

Write research paper on why women still earn less than men : Write research paper on why women still earn less than men

The treasure star group, or ts group : The Treasure Star Group, or TS Group, manufactures and distributes food and household products. From its Hong Kong headquarters, the TS Group markets many popular brands of edible oil and home cleaning products. The TS Group has several subsidi..

Team members and political roles in systems development : For Module 3, your assignment is to "sell" your hypothetical information system project to relevant stakeholders and clients. In the previous modules you have created an initial project description, as well as detailed information requirements...

Describe how the supply and demand curves were affected : An early chapter we read discussed concepts from economics that are important for business students to learn about. Describe how the supply and demand curves were affected by consumers' decisions to pull back on their spending. What do you think the..

Culture clashes make change difficult at sap : ad the Case: Culture Clashes Make Change Difficult at SAP. Imagine you are an HR consultant called in to advise the leadership at SAP. Prepare a 10-15 slide PowerPoint presentation to present your responses to the information below. Use the notes ..

Which systems development becomes confused : This module addresses the conditions under which systems development becomes confused with a range of other organizational problems, where the results can be less-than-optimal combinations of social and technical systems. To begin with, it will..

How linked-state protocol routing works : Question 1: How do routing protocols work? Question 2: What are 2 examples of linked-state routing protocols?

Write brief note as to why you selected each of the events : A brief discussion of the chapter events' and the life-time events' similarities and the differences in each of your comparative analyses. A brief note as to why you selected each of the events.

User Account

All Pages