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GE’s mission statement reads: “GE imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world.” 1. Does it surprise you that a global corporation would have an agenda to “cure the world”? a. What are some of the ways GE is aiming to achieve this? b. Discuss at least two GE programs and how they can make the world a better place for everyone, as well as increase profitability. c. What are some of the criticisms of GE’s Ecomagination program? d. Identify at least two concerns regarding the program. e. Do you agree that these are legitimate concerns? f. How can GE overcome these criticisms? g. How can supranational organizations like the WTO, governments, NGOs (non-governmental organizations) and businesses work together to create sustainable international trade? Provide at least two strategies or methods in your reply.
As a successful and grateful graduate of the CSUS College of Engineering & Computer Science, you endow the college $25,000. If the college gets 6% return on investments and wants to use the endowment to fund an annual scholarship for the next 25 year..
Which of the following expenditures are not included in the consumption component of GDP?
Summarize Madison’s central arguments in Federalist Paper 10 and Federalist Paper 51. Summarize Henry’s central arguments in his speech against ratification of the Constitution. What do these excerpts reveal about each man’s assumptions about human n..
In the diagram below, assume that there are two classes of citizens, the "hawks and the "doves," with different preferences for national defense spending. Draw the social marginal benefit curve for society as a whole. Determine the theoretical optimu..
Determine total cost of quality when there are no defectives. D = 0 and product quality is perfect. Determine total cost of quality when D = 90. No company could stay in business with D = 90, as will be apparent from calculations.
A bakery produces bread. The production function of bread is q(e)=24e, where is e is the baker’s effort. What number of loaves (i.e. q) maximizes the baker’s profits and what are the baker’s profits in this case? What number of loafs (i.e. q) maximiz..
How can large companies afford to lower the price of goods in a competitive market? A company’s ability to raise its price without losing its entire market is an example of market power. One of the most important of these is economies of scale. Expla..
Elucidate the black market fbr lnternet access, comprising the implicit supply schedule. the legal price. the black market supply and clemand. and the highest feasible black market priee.
If a transaction imposes external costs, then: A) too much is being produced relative to the socially optimal amount. B) Production should be increased to generate enough profits to cover those costs. C) all production of the good or service should c..
What do you think is the future of such predictive capabilities?
“Once we recognize that product differentiation is the basis for much international trade, there are likely to be more winners and fewer losers in a country when the country shifts from no trade to free trade.” There may be several reasons why this s..
B is offering to buy an object from S. S values the good at $4 ( type H), or $3 (type M), or $2 (type L). But S's exact valuation is unknown to B, who simply attaches equal probabilities, a fact commonly known to both players. B values the good at $5..
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