How incentives can be used to overcome the principal-agent problem

Part I: Describe an example you have experience with of the principal-agent problem (for example, you have a desire for your children to listen in school and do well, while for them, goofing off at school might be much more fun), and explain how incentives can be used to overcome the principal-agent problem (such as paying your children for good grades). Include in your explanation an analysis of the risks in using incentives.

Part II: How will you be able to apply what you learned in this course to your current or future work?

Journal – 250 words in length

No references or citations are necessary.

Additional Details on the grading

Response reflects indepth consideration and personalization of the theories, concepts, and/or strategies presented. Viewpoints and interpretations are insightful. Response demonstrates synthesis of ideas presented. 

ethical rationale for and against using genetic technologies to perfect human beings.

Based on research consider the ethical rationale for and against using genetic technologies to perfect human beings. Which aligns best with your own moral compass? What are at least 3 specific principles taken from ethical systems this term that conflict with your point of view. What is your role as a STEM professional in ensuring ethical use of these technologies? 

What specifically should they consider doing when it comes to product, price, promotion, and place?

Instructions:In Module 2, we learned that all products go through a Product Life Cycle, and that marketing decisions are influenced by which stage the product is in. 

1. Create a visual deliverable of your choice (infographic, PowerPoint, video, etc.) which communicates the information below. 
   1. What is the Product Life Cycle? What value is this to marketers?
   2. Explain the four stages of the product life cycle.
   3. Describe how which stage of the product life cycle a product is in influences a firm’s decisions relating to:
      • Product
      • Price 
      • Promotion
      • Place (Distribution)
2. Prepare a brief written document (less than a page) which reflects upon the product you discussed in Module 2 Assignment 1:
   • Which stage of the product life cycle do you think your selected product is currently in? Explain why.
   • How can marketers extend the life of their product beyond its current stage? What specifically should they consider doing when it comes to product, price, promotion, and place?

role of corporate leadership in establishing an environment conducive to ethical outcomes of business dilemmas

Workplace Ethics Short Answer Competencies: #12 Understanding the role of corporate leadership in establishing an environment conducive to ethical outcomes of business dilemmas. Having read Chapter 6 provide your understanding of the following: 1. Identify specific ethical duties managers owe employees. 2. Describe how employees’ expectation of work have changed. 3. Identify management’s responsibility when monitoring employee behavior at work. Assignment #5 will be graded on conveying a clear understanding of the topic, providing a clear discussion of such, as well as utilizing correct grammar. Grade: 5% of total grade, along with accurate grammar

How much time do Americans spend eating or drinking?

1. How much time do Americans spend eating or drinking? Suppose for a random sample of 1001 Americans age 15 or older, the mean amount of time spent eating or drinking per day is 1.22 hours with a standard deviation of .65 hour.
   A) A histogram of time spent eating and drinking each day is skewed right. Use this result to explain why a large sample size is needed to construct a confidence interval for the mean time spent eating and drinking each day.

C) Determine and interpret a 95% confidence interval for the mean amount of time Americans age 15 or older spend eating and drinking each day.
D) Could the interval be used to estimate the mean amount of time a 9-year-old American spends eating and drinking each day? Explain.
2) A researcher wanted to determine the mean number of hours per week(Sunday through Saturday) the typical person watches television. Results from the Sullivan Statistics Survey indicate that s=7.5 hours
A) How many people are needed to estimate the number of hours people watch television per week within 2 hours with 95% confidence?

compare and contrast the ways in which they depict the positive aspects of work.

Choose two of the three following prompts for your midterm response. At least one response should be a 2-3 page [275-550 words] . The second page You must draw from videos and readings we have covered in class so far; outside material and a bibliography are not needed. Be sure to address each part of the prompt, provide specific details, and carefully proofread your writing.

1. Poems such as “Digging” and some of our videos on the agrarian and craft life show that work can be more than a job; it can be connected to family and community. Choose two of our readings or videos and comment on the ways in which work or the work ethic can unite more than one generation of a family.—————
2. Some texts address the pleasures and satisfaction of work. Choose two readings or videos and compare and contrast the ways in which they depict the positive aspects of work.———————–
3. In the Week 6 Overview, we read a quote by economic and social theorist Jeremy Rifkin about the changing nature of time relating to work. He also said: “Without the clock, industrial life would not have been possible. The clock conditioned the human mind to perceive time as external, autonomous, continuous…Time was snatched away from its biological and environmental moorings and locked up inside the gears of an automated machine that now parceled it out in steady, nondescript beats.” (103) Reflect on the role of time in the working life. Select at least two readings or videos and explain how they relate to Rifkin’s quotes. How does this compare or contrast with our own conceptions of work and time?

What is Motivation?

What is Motivation?

Define the word motivation. 

• Compare your definition of motivation with the way psychologists define and approach motivation. 
• What are the similarities? 
• What are the differences? 
• How does your definition differ from others in your family or in this classroom? 
• Why do you think all of these variations exist?

personal reflection essay on gender and communication

Write a 2 page single-spaced paper that explains how you see yourself, another person, or members of an organization/institution with respect to gender.  Keep in mind that stronger papers will exceed the 600 word minimum requirement.  The grading rubric at the bottom of this page provides clarity for the expectations for this assignment.  

The paper should focus on gender as expressed and experienced through a person’s life events. You may discuss any or all of the following: family dynamics (i.e., birth order, family expectations, religious values,  other influential institutions, etc.), and culture (how a person learns to act as a gendered person), have formed a worldview (“…the way in which we perceive the world –and our behavior” Gamble & Gamble, 2003, p. 59) and ultimately influenced communication.  You are not required to write about your personal gender; you may choose to write about a family member, friend, religious figure, secular public figure, or member of a specific institution, industry, or organization. If you are unsure of your approach, feel free to e-mail your instructor for guidance. While there is no expectation that you reveal your own personal information, the intent of the paper is for you to write from a personal perspective, not solely from online references.  If a person described is not a publicly known figure, be sure to refer to them by a pseudonym.

What are the ethical issues involved in this situation?

Charlene Milton has spent the past three months trying to gather all the information she needs to submit a bid on an order that is very important to her company. Bids are due tomorrow and the decision will be made within a week. She has made a great impression on the purchasing agent, Jamie Arnold, and she has just ended a conversation with her sales manager who believes Charlene needs to make one more call on Arnold to see if she can find out any additional information that might help her prepare the bid. Charlene’s boss specifically wants to know who the other bidders are. 

CURRENT SITUATION 

Later that day, Charlene visited with Jamie Arnold. During the course of the conversation with Arnold, Charlene asked who the other bidders were. Arnold beat around the bush for a while, but she did not reveal the other bidders. She did 

mention the other bids were in and pulled the folder out of the filing cabinet where they were kept. Jamie opened the file and looked over the bids in front of Charlene. 

There was a knock on the door and Jamie’s boss asked if he could see her for a minute and she walked down the hall with her boss. Charlene realized all the bids were left out in front of her. There was a summary sheet of all of the bids on top and she could easily see all the bids. When Arnold returned she returned the folder to the file and the two made some small talk and ended their conversation. 

Charlene returned to her office and completed her bid and turned it in to Jamie Arnold the next morning. Charlene knew her bid would be the lowest by $500.00. One week later Charlene learned she won the bid. 

QUESTIONS 

1. What are the ethical issues involved in this situation? 

2. If you were Charlene Milton, do you think Jamie Arnold intended for you to see the competitive bids? What would you have done, given this situation? Why?

What is a multinational corporation?

International Financial Management 

Citrus, Inc. is a medium-sized producer of citrus juice drinks in Florida. Until now, the company has confined its operations and sales to the United States, but its CEO, Heidi Sims, wants to expand into Europe. The first step would be to set up sales subsidiaries in Spain and Sweden, then to set up a production plant in Spain, and, finally, to distribute the product throughout the European Union. The firm’s financial manager, George Benson, is enthusiastic about the plan, but he is worried about the implications of the foreign expansion on the firm’s financial management process. He has asked you, the firm’s most recently hired financial analyst, to develop a 1-hour tutorial package that explains the basics of multinational financial management. The tutorial will be presented at the next board of director’s meeting. To get you started, Benson has supplied you with the following list of questions. 

1. A. What is a multinational corporation? Why do firms expand into other countries? 
2. B. Discuss at least six major factors which distinguish multinational financial management from financial management as practiced by a purely domestic firm. (Please consider doing additional research on this question and document your findings).