There are four basic solutions to handling monopolies:  1. Break it up (through anti-trust laws); 2. Regulate it; 3. Take it over; or 4. Leave it alone.  Of these four solutions, which one is superior? Why?  If your answer is that "it depends," under what conditions would you favor each possibility?  Also, are there any redeeming qualities of monopolies?  What are they? Interested students can learn more about this topic in Chapter 15. Post your original thought and then reply to 3 student post and remember make your responses meaningful Remember there should be a total of 4 posts made by you the student. STUDENT POST #1 I think that all of them are plausible in different situations. Break it up works best when the company is malicious in their monopoly. Forcing citizens to do something that harms them, or puts them in precarious situations and financially blackmailing them can be awful for people to escape. This can also work to stop 2 giants in an industry from combining like pepsi and coca cola. If the government steps in to relieve them then it is the best option. Regulate it works best when the good is a need such as water. The Government can come in and make sure it is regulated and fair to both the organization and citizens. Everyone can come out ahead of this without having the organization be extremely greed. On the other hand, taking it over is used in the most desperate situations. If an organization is already being detrimental to the community and larger even the state or the country, then the government needs to take it over. If a company resists the regulation they also need to be taken over. Electricity, postal services, and water are common practices for these. Finally, the government can just leave it alone. This is the policy that most economists agree is the best. It lets the free market handle itself and lets the demand and supply curve react accordingly. This is probably the most fair one, but I still think for basic human needs, regulation works well. STUDENT POST #2 A Monopoly is quite a feat in today's business world considering how competitive the market can be. In the case of a company having a Monopoly, the US Government would definitely interfere as time went by as so not to let the business "get out of control." I feel as if the government should stop the monopoly or find a way to divide it or make it fair for others in the market. Another thought that came to mind when reading our prompt for this week was the fact that the government also had the option to take over the Monopoly. If the Government was to take over this company they could potentially use it for a good cause and maybe use the immense profits to go towards the national debt or some other important effort. STUDENT POST #3 I am for the leave it alone option and letting the market sort itself out. Consumers still can control a monopoly by simply not buying the product as long as it is not a good needed for survival. That is the only case where ...

1. There are four basic solutions to handling monopolies: 1. Break
it up (through anti-trust laws); 2. Regulate it; 3. Take it over; or
4. Leave it alone.
Of these four solutions, which one is superior? Why? If your
answer is that "it depends," under what conditions would you
favor each possibility?
Also, are there any redeeming qualities of monopolies? What
are they?
Interested students can learn more about this topic in Chapter
15.
Post your original thought and then reply to 3 student post and
remember make your responses meaningful
Remember there should be a total of 4 posts made by you the
student.
STUDENT POST #1
I think that all of them are plausible in different situations.
Break it up works best when the company is malicious in their
monopoly. Forcing citizens to do something that harms them, or
puts them in precarious situations and financially blackmailing
them can be awful for people to escape. This can also work to
stop 2 giants in an industry from combining like pepsi and coca
cola. If the government steps in to relieve them then it is the
best option.
Regulate it works best when the good is a need such as water.
The Government can come in and make sure it is regulated and
fair to both the organization and citizens. Everyone can come
out ahead of this without having the organization be extremely
greed. On the other hand, taking it over is used in the most

2. desperate situations. If an organization is already being
detrimental to the community and larger even the state or the
country, then the government needs to take it over. If a
company resists the regulation they also need to be taken over.
Electricity, postal services, and water are common practices for
these.
Finally, the government can just leave it alone. This is the
policy that most economists agree is the best. It lets the free
market handle itself and lets the demand and supply curve react
accordingly. This is probably the most fair one, but I still think
for basic human needs, regulation works well.
STUDENT POST #2
A Monopoly is quite a feat in today's business world
considering how competitive the market can be. In the case of a
company having a Monopoly, the US Government would
definitely interfere as time went by as so not to let the business
"get out of control." I feel as if the government should stop the
monopoly or find a way to divide it or make it fair for others in
the market. Another thought that came to mind when reading
our prompt for this week was the fact that the government also
had the option to take over the Monopoly. If the Government
was to take over this company they could potentially use it for a
good cause and maybe use the immense profits to go towards
the national debt or some other important effort.
STUDENT POST #3
I am for the leave it alone option and letting the market sort
itself out. Consumers still can control a monopoly by simply not
buying the product as long as it is not a good needed for
survival. That is the only case where I think the government
needs to get involved. Otherwise it is simple, the company
cannot jack the price up too much or consumers simply wont
buy it. It doesn't benefit the company to make their good
unattainable to consumers. In todays world it is very hard for a

3. monopoly to take place simply due to the number of companies
out there and the similarity to most products. There are not very
many products out there that don't have a close replacement
available, outside of natural resources.
Step 1: Career Goals
Leadership Development Plan
Student’s Name:
Current job: Assitnant Teacher
Long-term career goal
In three to five years, my goal is to become the director of the
Young Child Education Organization (YCEO). The organization
deals with developing child education in the humble states of
the United States of America. To acquire this position, I will be
required to have sufficient knowledge and skills that it takes to
have an effective team working towards empowering children’s
education.
Short-term Skills Development Needs
· Effective team-player
· Good communication skills
· Delegation skills
· Having a vast knowledge of the organization’s environment
My leadership skills training and development goals for the next
one to two years are to learn to be an effective team players so
as to easily co-work with the managers of the organization, the
second one is to acquire good communication skills including
being an effective listener. The third one is to develop good
delegation skills to be able to assign the right people the right
responsibilities to acquire the best results and the last one is to
have a vast knowledge of the internal environment of the
organization. These will include organizational leadership,
organizational climate and team composition among others.
Signature: Ifeyinwa Ikeotuonye Date
:03/19/17

4. Short-term Leadership Skills Development Goal 1
Training and development activities towards goal 1
Target completion date/ actual completion date
Resource and costs
Expected outcomes/ measures
Read books on effective leadership and team management
Target date:
Actual date:
Books from national library.
I will use my travelling allowances to go to the library.
Acquire as many practical knowledge as possible.
Apply the knowledge in my supervisory role as I lead others.
Learn what directors of best-performing organizations have
used to effectively keep the team spirit
Target date:
Actual date:
Online materials
Access internet in the office off the working hours
Be able to better my skills on team-work.
I will start recognizing and appreciating others for their work.
Attend conferences on team leadership and diversity within
organizations
Target date:
Actual date:
Time and money.
I will attend the conferences during my off-working days.
Make use of the money that organization sets aside to train its
employees.
Gain practical knowledge on effective team playing.
Put the knowledge into practice.
Short-term Leadership Development Skills Goal 2: Good
communication skills
Training and development activities
Target completion date/ actual completion date

5. Resources and costs
Expected outcomes and measures
Reading articles and books on effective communication
Target:
Actual:
Acquire the materials from online libraries.
Use internet.
Make summary notes on what I have learned.
Deliberately get a colleague to check whether I am applying the
acquired knowledge.
Take a SWOT analysis with my colleagues
Target:
Actual:
Time
Make use of tea-breaks and lunch breaks.
Take points on areas of improvement in my communication.
Have someone monitor me to find out my progress.
Take shot-term courses on communication skills
Target:
Actual:
Time and money
Attend evening classes after my working hours
Use my personal savings
Acquire both written and verbal communication skills
Inquire from my manager to find-out whether I have improved
on my report writing.
Short-term Leadership Skills Development Goals 3: delegation
skills
Training and development activities
Target completion date/ actual completion date
Resources/ costs
Expected outcomes/ measures
Attend seminars on effective leadership
Target:

6. Actual:
Time and money
Take good notes.
Have an accountability partner to ensure that I practice
whatever I learn.
Learn more about the structure of my organization.
Target:
Actual:
Organization’s constitution
No cost
Take notes on the roles of every individual in the organization.
Have a track record on how I delegate duties to others.
Learn from other successful organizations
Target:
Actual:
Time.
Make use of conference and seminar times.
Ask colleagues from different organizations how they operate
and take useful notes.
Have a written plan on how to carry-out my duties.
Short-term Leadership Skills Development Goal 4:
organization’s surrounding environment
Training and development activities
Target/ actual completion date
Resources/ costs
Expected outcomes/ measures
Mentorship
Target:
Actual:
Those in top management positions
Learn from those in top positions concerning organizations
leadership and climate.
Observations
Target:

7. Actual:
None
Gain a clear knowledge of the organization’s structures.
Coaching others
Target:
Actual:
None
Utilizing the acquired knowledge to help those who are new in
the organization to have a clear understanding.
Gap analysis
Complete gap analysis
Be aware of your self
For such a process, it’s important that one evaluate his/her
strengths and weaknesses before even starts the project. This
will help the individual to know the areas he/she needs to
improve. He/she will then what is available and formulate a
plan that will enable him/her achieve the set goals. Failure to
this, one will not be able to achieve the intended thus will not
solve hi/her problems.
Know what is available

8. One should always know resources are available in order to
avoid formulating a plan that is ineffective and not achievable.
That one should also know how best to use the resources in
order to avoid wastage as well as knowing how best to acquire
the resources that one needs.
Seek assistance
There are always activities and tasks that one is not familiar
with and which are important when it comes to achieving the
intended goals.It is therefore creates a need to seek help and
guidance from the experts or even the experienced individuals.
One can also work with people as this will help him/her achieve
the objective easily as people will always provide solutions here
and there.
Focus on the outcomes
The purpose for conducting any project is to try and solve a
problem and learn in the process. One should also focus on how
to ensure that the objectives are achieved. He/she should put the
correct measures in place to avoid failure. One is as well
required to foresee the problems that are likely to occur in the
process and formulate right actions to take in order to avoid the
failure.
Goal 1
Training & developmental activities toward Goal 2
Target completion date / actual completion date
Resources & costs
Expected outcomes/measures
Learn what directors of best-performing organizations have
used to effectively keep the team spirit
Target date: 31/03/2017
Actual date:
Online materials
Access internet in the office off the working hours
Be able to better my skills on team-work.
I will start recognizing and appreciating others for their work.
Gap

9. Lack of knowledge and incompetence
Solution
Seek assistance from experienced individual and experts
Goal 2
Training & developmental activities toward Goal 2
Target completion date / actual completion date
Resources & costs
Expected outcomes/measures
Reading articles and books on effective communication
Target:
Actual:
Acquire the materials from online libraries.
Use internet.
Make summary notes on what I have learned.
Deliberately get a colleague to check whether I am applying the
acquired knowledge.

10. Take a SWOT analysis with my colleagues
Target:
Actual:
Time
Make use of tea-breaks and lunch breaks.
Take points on areas of improvement in my communication.
Have someone monitor me to find out my progress.
Gap
Unexpected outcomes likely