ECONOMIC ISSUES IN ORGANIZATIONS
Written Assignment 1
Completion requirements
How do you think the agency problem differs between the military and the corporate world? In the corporate world, the shareholders are the owners and they hire managers to run the firm. How does the fact that while the military is much more hierarchical than the corporate world and the people making the management decisions are also different from those whose goals often need to be met? Be sure you discuss the agency problem, as you perceive it, in each sphere as you prepare to discuss the differences.
Your paper should be 2 to 3 pages (600 to 750 words) in length and should follow proper APA formatting.
WRITTEN ASSIGNMENT 2
What is the role of timing in deciding to enter or exit a market? Firms decide to enter a market based on current and historical information, but time lags can change the economic environment. What are the risks a firm faces in deciding to enter or exit a market? Again, use examples from current economic events or events. Apply your statements to these events.
Your paper should be 2 to 3 pages (600 to 750 words) in length and should follow proper APA formatting.
WRITTEN ASSIGNMENT 3
What signals is a firm sending when it decides to advertise? What promises are the firm implicitly making to the audience for the advertising? What happens if those promises are not kept by the firm? If possible, provide real-world examples from current events.
Your paper should be 2 to 3 pages (600 to 750 words) in length and should follow proper APA formatting.
WRITTEN ASSIGNMENT 4
DESCRIPTION
The final paper is designed to demonstrate your decision-making process by using a real-world business example. You will choose from three options to develop a new business, for which you will collect market data and outline your ideas and proposed decisions.
You are required to write a graduate-level paper that addresses one of the scenarios listed below with a focus on issues relevant to course concepts. The scenario event serves as a springboard to demonstrate an understanding of concepts and information covered in the course and to allow you to apply learning, draw reasoned conclusions, and make recommendations on best practices.
TOPIC OPTIONS
1. New hotel property: You may specify the market location; must be non-franchise and near a major airport
2. New car rental property: You may specify the market location; must be non-franchise and near a major airport
3. New winery: Select from suburban location (Seattle, San Francisco, Sacramento, or Portland)
Be sure to include the following in your report:
· Outline the basic business model that you expect to be used to generate revenues across products or services.
· Select appropriate performance measurement approaches by outlining four performance metrics and how data will be collected and used.
· Outline and analyze two cost-benefit decisions that will have to be considered.
· Analyze two possible approaches for attempting to achieve competitive advantage.
· Provide an assessment of immediate competition in the market you selected.
· Assess two potential risks to profitability and a mitigation plan for each.
GUIDELINES
· Your paper should be 12 to 15 pages (3500 to 3750 words) long.
· You should cover the directives defined in the Topic Options.
· You should follow accepted research approaches and citation format (APA).
· Your paper should be well developed and convey your understanding of the readings and concepts.
· Your paper should be organized, coherent, and unified.
· Your paper should be free of spelling and grammatical errors.
A Note about Research
The use of Wikipedia or other online encyclopedias for graduate-level papers is inappropriate. Aside from the uneven quality of the information that may be found in these sources, the real issue is that the information presented in these sources is “already digested.” Use of such sources is an unacceptable shortcut for the graduate student. Students gathering information from these sites are essentially obtaining analyses done by someone else, not doing the work themselves. Rather than exploring the literature on a subject, such students are merely using the words of others who have already taken this vital step in academic research. It is imperative that graduate students be able to search the more academically oriented literature, sift through useful (and not so useful) information, and analyze, synthesize, and report the results of their activities. All of these steps are bypassed if information is cited from an online site such as Wikipedia. To sum up: Using information summarized or annotated by someone else is an unacceptable shortcut for a graduate student.