Sean is a skilled salesperson, but during the last year he lost sales primarily because of currency fluctuations in his territory. When he received a poor evaluation, he felt it was unfair to tie his ratings to the impact of macroeconomic changes. Do you agree with Sean? Why or why not?
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Sean is a skilled salesperson, but during the last year he lost sales primarily because of currency
fluctuations in his territory. When he received a poor evaluation, he felt it was unfair to tie his ratings to the
impact of
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- The bottom of the pyramid (BoP) concept was popularized by Prahalad (2004) as well as other writers, such as Hart (2005) and London (2007). C.K. Prahalad’s book, The Fortune at the Bottom of the Pyramid, argues that multinational companies not only can make money selling to the world’s poorest, but also that undertaking such efforts is necessary as a way to close the growing gap between rich and poor countries. Key to his argument for targeting the world’s poorest is the sheer size of that market — an estimated four billion people. What do they understand by the term BoP including examples of specific companies that are implementing Bottom of the Pyramid strategies3-Remember 1929 Big Depression. Today all the World seems to go through a big crisis… Compare Turkey and all over world economic situations after pandemics, increases in prices, crisis in production. And tell about your ideas where Turkey and world is going? Can it be a new Big Depression? What precautions shall governments take?It is asserted by some economists that because any individual knows only a small fraction of all that is known collectively, it is impossible to replicate the work of the invisible hand. This line of argument is associated with which of the following school of economists? (a) The behavioural school of economists; (b) The Austrian school of economists; (c) The ‘old’ institutional school of economists; (d) The Schumpeterian school of economists.
- • Describe in your own words what a money market is?• What are the three globally recognized rating agencies? Mention and describe each and one of them.• Identify and describe the threes broad categories of actors in the foreign exchange market.Which of the following explain how markets and government are interrelated? Select all that apply: Through supply and demand in markets, the government can use policy to guide how scarce resources are allocated. Social issues handled by the government, such as poverty, inequality of income, and discrimination, can often be affected by markets. Government action always reflects majority views driven by the market. Economists all fall into one political party, which helps align the market with policy.“Society is adjusting to a ‘new normal’. Amid efforts by government and the medical sector to mitigate the health impact of the COVID‐19 (Coronavirus) pandemic, many commercial enterprises are having to fundamentally alter how they do business, as the economic effects of the Coronavirus continue to manifest. It is therefore pertinent to have an understanding of thecurrent economic landscape in South Africa, and what might be done to minimise financial damage and reduce insolvency risks during this uncertain time.”In light of the above quote, discuss cost reduction and revenue increase as two of the four advantages of operations Management available to South African commercial enterprises.
- Role of Central Banks and Moral Hazards Central banks have injected moral hazard into global markets, which skews investor behavior toward risky assets because the downside of risk is being underwritten by the central banks. Thus, bubbles occur, and bubbles are bound to burst. Ctitically discuss this statement. Analyze the facts, identify key legal issues with supporting opinions, and arguments. Provide a case analysis between 2000-3000 words.During the Great Recession (2007 - 2009), there was a higher percentage in higher education, where consumers globally invested their time and money. Both countries and individuals may believe higher education, such as attending a university or trade school, can help increase their incomes. “According to the United Nations Educational, Scientific, and Cultural Organization (UNESCO), enrollment in colleges and universities rose one-third in China and almost two-thirds in Saudi Arabia, nearly doubled in Pakistan, tripled in Uganda, and surged by three million—18 percent—in the United States”. (Greenlaw, 2018, p. 148). Research a country and provide the following information: Explain the citizens’ impact of education on earnings and unemployment rates. Provide percentage rates for each of the following education completion levels: did not complete high school high school graduates college graduates (associate degree or bachelor’s degree) graduate degree (master's degree or…4. (i) Briefly explain the reasons for market failure. (ii) What does market failure affect to an economy and the society? (iii) How does the government intervene to correct Market failure? Provide at least two examples from Sri Lanka.
- Which of the following are potentially valid arguments for tariffs or export subsidies, and which are not? Explain your answers.a) “Earnings of Dairy producers in Wales are at their lowest peak despite an overall rise in farm business incomes.” b) “The more ecologically certified food products the EU requires, the higher the price of these products will be on common market.” c) “U.S. soybean exports to China and India don’t just mean increased wealth for US farmers–they mean increased wealth for everyone in the value chain.” d) “The PET industry continued to sustain US recycling programs; this shows the strength of the PET recycling market in the face of significant global economic slowdown and a drop in virgin feedstock prices.”In the face of such an surplus, where private sector buyers and suppliers could not do anything more (and considering the PERISHABILITY OF THE VEGETABLE PRODUCT), which economic actor should come to intervene properly? Discuss what should that intervener do amidst such economic problem faced by the microeconomic actors -- the buyers and the sellers.Use the DD-AA model to show how the European Central Bank implementing expansionary monetary policy can impact the US. Does the change abroad impact the goods market, asset market or both? Illustrate and explain. Is the result conclusive? Why or why not?