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1. Human Resource Management
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2. Human Resource Management
ECON 3305 - $5
The company was considering a price increase and wished to determine the price
elasticity of demand (arc elasticity of demand). An economist and a market
researcher, Sandy and you, were hired to study demand. In a controlled experiment, it
was determined that at 8 cents, 100 pencils were sold while at 10 cents, 60 pencils
were sold, yielding an elasticity of 2.25. However, Sandy and you were industrial
spies, employed by the EF Pencil Co. and sent to ECON3305 to cause as much
trouble as possible. So Sandy and you decided to change the base for their elasticity
figure, measuring price in terms of dollars instead of pennies (ie., $0.08 for 8 cents
and $0.10 for 10 cents)
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Which of the following statements is true about scarcity? - $10
1. Which of the following statements is true about scarcity? 2. By definition,
economics is the study of 3. The term ________ in economics refers to a group of
buyers and sellers of a product and thenarrangement by which they come together to
trade. 4. Economists reason that the optimal decision is to continue any activity up to
the point where the 5. The three fundamental questions that any economy must
address are:...
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JJ Motor Company - $15
Company name: JJ Motor Company Entity: Corporation 1. Jack and Jill are in
college. They have just created a prototype for a wind powered car that can capture,
convert and store wind energy and requires absolutely no other fuel or electricity.
They have decided to apply for a patent for this technology and explore
manufacturing facilities to start mass producing the vehicle. They learned that a
former Saturn manufacturing plant is on limited production and up for sale in Spring
Hill Tennessee. They can easily convert this to their first manufacturing facility, and
in fact may be able to save and create jobs in Spring Hill. Choose an entity form, and
if dictated by the type of entity chosen, form the entity by choosing a name, a state of
formation, drafting a certificate of formation or incorporation, and the governing
document of the entity, such as bylaws, a partnership agreement or a company
agreement. If you have chosen an entity with limited liability protection for the
owners, you may also likely need a written memorandum of organizational meeting,

3. or to hold such a meeting and prepare notes from the meeting. Your formation
documents are limited to a maximum of 10 pages. Negotiate the purchase contract for
the manufacturing facility. the type of entity chosen and why, your entity s name,
your entity s business purpose, a hierarchy of ownership, management and control
appropriate to the selected type of organization, negotiations between the parties,
excerpts from the negotiated written agreement consummating the transaction.
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Electronic Communication - $8
Write a paper in which you evaluate the advantages and disadvantages of several
electronic communications and their potential uses with your internal audience. In
considering your internal stakeholders, discuss what factors - from the perspective of
management - should be considered in order for each of these tools to be effective in
a diverse working environment: 1. Instant messaging 2. Text messaging 3. Podcasts 4.
Blogs 5. Wikis 6. LinkedIn (internal group creation) Support your paper with a
minimum of three (3) external resources. In addition to these specified resources,
other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages not including title and reference pages Your paper should
demonstrate thoughtful consideration of the ideas and concepts presented in the
course and provide new thoughts and insights relating directly to this topic. Your
response should reflect scholarly writing and current APA standards.
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Week 4 Quiz - $5
1) Which of the following is the smartest way to handle allowance for children and
teens? 2) When you talk to your children about money, you should strive to 3) Which
of the following is the best strategy for bill paying in a family? 4) What are the
consequences of withdrawing money from a 529 plan to pay for expenses not
associated with higher education? 5) An accurate description of a 529 plan is 6)
Which of the following best describes the Federal Direct PLUS loan? 7) After paying
off debt and establishing an emergency fund, your top savings priority should be
which of the following? 8) If your child receives a gift of money, you should 9)
According to Suze, under what circumstances might you consider cosigning a loan
for a family member?
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Consumption - $10
1. PART 1 (35 points total -5 points for each part and 10 points for the diagram) You

4. own a golf course in Florida and you need to determine how many golf carts you
need to buy to maximize profits. Please answer the following questions given the
information below. A brand new golf cart costs 300 rounds of golf and the rate of
depreciation is 15% (.15). The real interest rate is 5% (use .05 in calculations). The
expected marginal product of capital is given by MPKf = 200 - 5K. a) What is the
user cost of capital and what is it expressed in?? b) How many golf carts should you
buy to maximize profits (i.e., what is K*)? Draw a graph (the uc / MPK graph)
depicting the state of affairs and label this initial profit maximizing point as point A.
A completely labeled and correct graph is worth 10 points. c) Now suppose the
(local) government with all their financial shortfalls embarks on a campaign to raise
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Pizza - $4
Suppose the current equilibrium price of cheese pizza is $10, and 10 million pizzas
are sold per month. After the federal government imposes a $0.50 per pizza tax, the
equilibrium price of pizzas rises to $10.40, and the equilibrium quantity falls to 9
million. Illustrate the situation with a demand and supply graph. Be sure your graph
shows the equilibrium price before and after the tax, the equilibrium quantity before
and after the tax, and the areas representing consumer surplus after the tax, producer
surplus after the tax, tax revenue collected by the government, and deadweight loss.
How is the tax burden divided between buyers and sellers?
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Evaluate Ethical Behavior - $10
Using the Folole Muliaga case study provided in Bridgeman (2010) and Eweje and
Wu (2010), evaluate alternative actions and consequences to Mercury Energy. In your
paper, be certain to specifically address the following: Briefly summarize the Folole
Muliaga scenario Assess the consequences/outcome Determine if what Mercury
Energy did was illegal Are you in agreement with the police and coroner decisions?
Why or why not? What reforms/guidelines were adopted as a result of this tragedy?
Support your paper with a minimum of five (5) scholarly resources in addition to
required resources. In addition to these specified resources, other appropriate
scholarly resources, including older articles, may be included.
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Death Penalty - $12
Assignment / 5-7 pages, Times New Roman, Font 12, double space Subject
(Argument Essay) / the Death Penalty should be abolished because it s a conflicted

5. with the human rights, unhuman way to die, death don t solve anything and it
sometimes used for political reasons.
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Pharmaceutical Companies - $14
1.) Do pharmaceutical companies have a responsibility to distribute drugs for free or
at low cost in developing countries? What are the main arguments for and against
such an approach? 2.) What are the principal arguments of pharmaceutical companies
who oppose making exception to IPR laws for developing countries? What are the
arguments by NGOs and others for a differential treatment? 3.) What impact would
you expect South Africa s decision to levy duties on drug imports from Western
nations to have on the international distribution of drugs to South Africa? 4.) In June
2002, the WTO extended the transition period during which least-developed countries
(LDCs) had to provide patent protection for pharmaceuticals. In your opinion, do you
think this is an appropriate change in policy, or a dangerous precedent? What could
be some of the negative ramifications of this resolution? What about effects for other
industries?
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Organizational Behavior Analysis - $17
Organizational Behavior Analysis You will analyze the organizational behavior of
your current or former employer. Describe how the following areas influence the
organizational behavior in a negative or positive manner:Type of culture (Pluralism,
Dualism or Salad bowl)Modes of communication in the organization (i.e., written or
verbal) Nature of authority (i.e., recognized social rank) Motivational techniques (e.g.
intrinsic or extrinsic used to influence productivity and performance) Areas of EQ
(emotional quotient) embraced by the organization Virtual elements (i.e., teleworking
and virtual offices) Provide examples for each item listed above and discuss how
each example applies to the organization identified. Paper MUST be 8-10 pages in
length and use a minimum of four scholarly sources is A MUST and also include
citations.
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Liability protection - $4
You have a good friend named Frank who is planning to form a new business. He
comes to you for advice. He is a Christian, and he wants to obey God in the operation
of his business. He is concerned as to whether Christians should attempt to minimize
their tax burdens, after all, Render unto Caesar that which is Caesar s, right? Further,

6. he is concerned as to what liability protection really means and whether a Christian
should use an entity that provides for liability protection. He fears that by using such
an entity he might be shirking his personal responsibilities. In order to help Frank
with his decision, answer the following questions: 1.Define what is meant by the
concepts of limited liability, and/or liability protection. From the perspective of a
Christian worldview, is it wrong for a business owner to use a business organization
form that provides for liability protection? 2.From the perspective of a Christian
worldview, is it wrong for a business to try to minimize its overall tax burden?
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Motivational Theory - $8
Imagine that you have been appointed the Director of Health at the Kaluyu Memorial
Hospital in Nairobi, Kenya a for-profit hospital. The facility is also a referral hospital
and receives severe cases of accidents, chronicle / communicable diseases and houses
an HIV / AIDS ward. As you settle into your position, you realize that the employees
always act scared as they approach their superiors. Some of the employees even
deliver files and leave your office in a hurry. As you make your routine departmental
visits, you realize that there are tensions between nurses and doctors, and there is a
sentiment that the nurses tend to do the majority of the work within patient care but
the doctors get all the credit. You realize that the employees are always looking
forward to the end of their shifts to go home. Some employees even come back to
work wearing the same unwashed clothes as the previous day. Too many employees
are calling in sick, and many of them give weak reasons for their tardiness
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True or False - $4
1) Pricing strategies tend to change and evolve as the average product passes through
its life cycle. 2) For market skimming to be successful, the cost of producing a
smaller quantity of goods should not be higher than the prices charged.( )Page Ref:
315 3) When The Candy Store sets a low initial price in order to get its foot in the
door and to quickly attract a large number of buyers, the company is practicing
market-skimming pricing. 4) Pricing is difficult because various products have
related demand and costs, and producers face different degrees of competition. 5) In
product line pricing, the price steps should account for differences in customer
perceptions of the value of different features 6) Thinking Cap Corp. prices its various
cap designs at different price levels, ranging from $2.05 to $5.95. This is an example
of optional product pricing
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7. HRM 522 Week 6 - $10
1. Review the mandated requirements for legal compliance (from Chapter 4) and
determine which requirements apply to the Arthur Anderson case. Explain your
rationale. 2. Discuss how the issues with the Arthur Anderson case may have played
out differently if the Sarbanes-Oxley Act had been enacted in 1999. 3. Determine and
discuss which elements of the framework for ethical decision making in business
(from Chapter 5) played the biggest role in the Anderson case. Explain your
reasoning. 4. Discuss how the situations at Arthur Anderson may have played out
differently if their senior management had displayed the habits of strong ethical
leaders. Provide specific examples to support your response. 5. Include at least three
(3) references, no more than three (3) years old, from material outside the course.
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Emerging Economies and Globalization - $9
Assignment 1: Required Assignment 2 Emerging Economies and Globalization
Background Markets in developed economies are approaching saturation level.
Therefore, MNCs are searching for new untapped markets in emerging countries such
as India and China. Since the healthcare industry will continue to grow in the future
due to the size of the global population and its age composition, General Electric
Healthcare (GEH) is trying to capitalize on these trends. It is expanding its operations
and development of new drugs and manufacturing of the medical equipment in India
and China. Directions Read the following articles: At least one peer-reviewed article
related to the trade theories in general as well as for China and India Articles related
to the human resource management for MNCs, cross-cultural management, expatriate
training, and expatriates success/failure in overseas assignments Articles related to
GEH Then, respond to the following: Select two trade theories that best explain why
GEH expanded its operations of developing new drugs to India, and manufacturing
X-ray business to China. Explain the selected theories, and then evaluate GEH s
reasoning. Explain possible pitfalls for such strategy from GEH s perspective.
Identify solutions to the possible pitfalls for the strategy. For each operation (India
and China), evaluate GEH s human resource strategy. Identify how you would design
training for preparing expatriates for their assignments to India and China if you were
in charge of their training prior to the overseas assignment. Write a 7 10-page paper
in Word format. Utilize at least five to seven scholarly sources in your research.
Apply APA standards to citation of sources. Make sure you write in a clear, concise,
and organized manner; demonstrate ethical scholarship in accurate representation and
attribution of sources; and display accurate spelling, grammar, and punctuation.

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