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Expectations of the business community are increasing into areas beyond the core product or service into consideration of the environment, standards and human rights (Wetherly and Otter 2011). The weight of expectation may lead to potential conflict amongst stakeholder groups, particularly in times of economic austerity currently being experienced in many European Countries.
The construction industry is widely-recognised as an accurate barometer of the business environment and reports in late summer 2012 were of profit falls by over 20% and a continuation of the decline in house sales. To address this a number of changes to UK planning procedures have been announced by the government in September 2012.
Part 1 - Select a construction-based business of your choice and explain stakeholder theory to illustrate the primary interests of the stakeholder groups and identify any areas of potential conflict between the stakeholder groups.
Part 2 - Business, when viewed as a stakeholder in society, has responsibilities that extend beyond the economic and legal framework to incorporate ethical/environmental and philanthropic aspects. Use Carrolls model to explain and provide an illustration of how your selected business is responding to the four tiers that make up Carroll's model.
Part 3 - During the first half of 2012 economic growth has been largely static or recessionary in the UK and other European countries. The construction industry has reacted to a dramatic change in demand for housing. Explain and illustrate the theory of supply and demand as it applies to housing and include an analysis of the price elasticity within the housing sector.
In your opinion, have these measures been effective or ineffective in addressing the major concern or concerns of the business cycle?
What would the annual percentage rate be if the city plans to make an interest payment of $2 million - The City of Phoenix plans to buy five additional mass transit cars for $15 million, and pay off its loan in 10 years.
You begin putting $500 a month into a savings account that pays 3% compounded monthly. A) How long until you have enough for a down payment? B) What is the present value of your account?
Jenny, your niece, is a smart high-school student who wants to make intelligent choices for her future. Hearing of your course in business economics,
q1. the abc corporation is contemplating purchasing a new computer system that would yield a before-tax return of 30.
Suppose, on the other hand, that the second country retaliates with an export subsidy of its own.
A any given interest rate, business become very optimistic about the future profitability of investment spending. Assume the budget balance is zero.
Congresswoman Gaga represents a state in which several firms fabricate furniture. She needs to impose tariffs on all imported furniture.
What is the social optimum? What specific tax per unit of output of gunk results in the social optimum.
Calculate the over all MC for the 1st 10 units of output also Specify where each successive unit will be produced.
What market structure best characterizes the market in which University of Phoenix competes?
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