Questions for Critical Thinking 5 Salvatore’s Chapter 10: Discussion Questions: 2 (a) The advantages of the Herfindahl index over concentration ratios is that the former uses information on all the firms in the industry‚ not just information on the market share of the largest 4‚ 8‚ or 12 firms in the industry‚ and gives a larger weight to the larger firms in the industry. (b) The disadvantage of concentration ratios and the Herfindahl index is that for the reasons indicated in Case Study
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Look for videos or articles on the Corruption at Fannie Mae and Freddie Mac and on Countrywide Financial. What were the results of the banking industry’s ethical decisions? Do you feel that if the banking industry would have made different ethical decisions that the Great Recession could have been avoided? Please list the links to your materials. The United States of America sued Bank of America for $1 billion in mortgage fraud against Frannie Mae and Freddie Mac. In 2008‚ United States World
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Would Mickey Mouse Eat Shark ’s Fin Soup There was controversy at Hong Kong Disneyland before the park even opened in 2005. Disney Land in Hong Kong was known for its great weddings and wedding receptions and it also showed this was profitable business for Disney Land. Wedding Banquets are a large part of Disney Worlds Revenue. On the wedding menu‚ shark fin soup is offered as an option‚ a popular wedding dish in Hong Kong for over 200 years. Stock holders and supporters of Disney were enraged
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Abstract Starting a business with no funds or management experience can prove to be difficult. Comparing and contrasting‚ for the sole purpose of deciding which business type would be beneficial to the scenario given three business types were discussed. Sole proprietorship‚ partnership and corporation were reviewed. The outcome chosen was partnership being as it relates best to the scenario discussed. The idea of opening a business is not one to take lightly. Being an inventor
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Question 1 Essay Name: Yijing Shen(Vicky) Institution: Arts and business Course: Arts 1062 Tutor: Rodney Wallis Date: 21/9/2014 Question 1: In her essay “Mildred Pierce and the second World War” Linda Williams argues that the film “reflects and represents the contradictions of its historical moment” (p.21). She develops this point over the following pages and writes on p.25: [like] the wartime and post-war gothics‚ Mildred Pierce is better able to reflect the problems encountered
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How might theories of leadership and group identity help to explain the Enron collapse? The following essay will look at how leadership and group identity might explain the Enron collapse‚ a multibillion company established in 1985 after the merge of Houston Natural Gas and Inter-North‚ with a reported fortune of over US $100 billion in 2000 and at number 7 as the most successful company in America (Fox‚ 2003). Huczynski and Buchanan (2010 P 596) points out that an effective organisation is one
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Gross Domestic Product is one of the primary figures utilized to determine the overall health and viability of a particular countries’ economy. It is a monetary value placed on all of a countries goods and services within a year time period. The Human Development Index is another figure utilized to determine the health and well being of the inhabitants of a country. Education‚ life expectancy and income are all evaluated in the HDI. Utilizing the GDP and HDI we are able to compare and contrast
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the topics are not necessarily related to each other. Of significance is that the topic I will select may not relate to my career‚ but rather an exploration of what I like or happening in life. From a personal perspective‚ being given the task of writing a celebration of life paper has given me a chance to brainstorm and list out the topics that interest me. I found the following topics engaging. i. Do children brought up by a single parent behave differently from those brought up by both parents
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the type of business‚ purpose and ownership of two contrasting businesses. In this task I will be stating the purposes of two of the contrasting businesses which are a LTD and a PLC. (New Forest Ice Cream and Thorpe Park) First of all I will look at the businesses individually and taking into account which type of business it is and its objectives. There are two main types of a limited company; A public limited company‚ (PLC) is normally a big‚ well-known business. This could be a business who manufactures
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different types of business ownership‚ such as being a sole trader‚ in a partnership‚ franchises and limited companies. Sole Trader The advantages of being a sole trader are as follows; They are easy to set up – There are very few complicated forms to fill in and sole traders can set up and run a business almost immediately. They are easy to run – The owner can do what they want‚ when they want‚ without consulting with colleagues‚ as they are 100% in control of the business. Tax advantages
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