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As the world continues to struggle to find its footing amid rising unemployment, constricted credit and crumbling banks and industries — raising questions about how the economic system collapsed — PBS presents Niall Ferguson’s ASCENT OF MONEY. This ground-breaking four-part series examines the creation of the economic system by taking viewers on a global trek through the history of money. Watch Part 1 of the video and answer the following questions:
How do credit and interest, in the form of a modern credit card, compare with the early forms of credit and interest you saw in the medieval Italian banks? What is the same? What is different?
In order to give any kind of loan – be it a small business loan, credit card, home equity loan, etc. – the lender has to determine the borrower’s ability to repay the loan, or creditworthiness. Throughout history, money-lenders and banks have established different criteria for determining a borrower’s creditworthiness. Can you come up with some examples of what criteria you think medieval banks would have used to establish creditworthiness.
Why is it advisable to assess the self, the counterparty, and any negotiation situation before commencing negotiations? What are some of the questions a negotiator needs to address when assessing the negotiation situation?
suppose that the service rate to a waiting line system is 10 customers per hour exponentially distributed. analyze how
Historical demand for a product is DEMAND January 16 February 14 March 18 April 16 May 19 June 18 a. Using a weighted moving average with weights of 0.50 (June), 0.20 (May), and 0.30 (April), find the July forecast. Using a simple three-month moving ..
every country around the globe is competing for investments by multinational companies. however before investing in a
Project scheduling basically means providing milestones for the completion of tasks involved in a project. Do time, cost, and communication impact the ability of keeping a project on schedule? Explain your response.
A company’s holding cost is 2% per month. Its annual inventory turns are 7. The company buys an item for $120. What is the average cost ($s), to hold this item in inventory (NOT annual holding cost but the average cost of each individual item on aver..
Choose one of the network flow models. Describe a situation in which the model you choose could be used.
You are given the following data relating to the value of inventory in your company: (All values are in thousands) Quarter 1 2 3 4 Cost of Goods Sold ($) 1100 1300 1100 1300 Aggregate Inventory ($) 280 320 290 310 What is the Cost of Goods Sold for t..
Sonja had an attorney draft her Last Will and Testament 5 years ago and has decided she would like to add another beneficiary. How can Sonja make this change?
Explain whether additional compensation might need to be offered as a result of your plan to change job designs and work measurements.
Is leadership just another word for influence? Can you think of some examples of influence that you would not consider leadership? Some definitions of leadership exclude reliance on formal authority or coercion (i.e., certain actions by a person in a..
Provide 3 examples (companies) of what you consider to be good, real business cases that have benefited from effective supply chain networks and supply chain drivers.
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