Week 5 Assignment – ECN501 Cotton Prices, Hand Sanitizer, and Valentine’s Day The “A” index is a proxy for the world price of cotton.From January 2010 to October of 2010, the price reflected by the “A” index increased about 80%. Provide two separate explanations for this price increase using shifts in supply or demand. What one piece of information would allow you to decide which of the two is a better explanation? Due to the COVID19 outbreak, the demand for hand sanitizer tripled. Should Johnson & Johnson increase production of their Purell hand sanitizer? Should it invest in doubling production capacity? On Valentine’s Day, the price of roses increases by more than the price of greeting cards. Why? (Hint: Consider what makes roses and cards different and how that difference might affect supply’s responsiveness to price.)
Discussion Discuss the current state of cybercrime and how this concerns you as a business manager. Discuss why frameworks, standards, and models are an important part of a business manager's cybersecurity program. Can these keep an organization safe? Discuss the concepts, principles, and theories from your textbook. Cite your textbooks and cite any other sources if appropriate. Your initial post should address all components of the question with a 500 word limit. Reply to at least two discussion posts with comments that further and advance the discussion topic.
With this assignment, I would like you to take a topic in economics and analyze it using the concepts and ideas developed in the course. You can follow the format for writing a paper described in the attached document. You can choose to analyze any applicable topic in economics that interests you using the paper guidelines provided (below). Please let me know if you have questions and/or problems understanding the assignment or accessing the information above. In short, you should do the following three things:
When and why did God choose us? Are some not chosen? The act of election came before Christ earned our salvation when he died on the cross for us. The election is chronologically the beginning of God’s dealing with us in a gracious way. Therefore, it is rightly thought of as the first step in the process of God’s bringing salvation to us individually. Other steps in God’s work of applying salvation to our lives include our hearing that gospel call, our being regenerated by the Holy Spirit, our responding in faith and repentance, and God forgiving us and giving us membership in his family, as well as granting us growth I the Christian life and keeping us faithful to himself throughout life. Several passages in the New Testament seem to affirm quite clearly that God ordained beforehand those who would be saved. Luke writes, “And when the Gentiles heard this, they were glad and glorified the word of God; and as many as were ordained to eternal life believed” (Acts 13:48). How many believed? “As many as were ordained to eternal life believed.” In Romans 8:28-30, we read: “We know that in everything God works for good with those who love him, who are called according to his purpose. For those who he foreknew he also predestined to be conformed to the image of his Son, in order that he might be the first-born among many brethren. And those whom he predestined he also called; and those whom he called he also justified; and those who he justified he also glorified”. Regarding the fact that some of the people of Israel were saved, but others were not, Paul says: “Israel failed to obtain what it sought. The elect obtained it, but the rest were hardened” (Rom. 11:7). In Thessalonians, Paul goes on to says that the fact that the Thessalonians believed the gospel when he preached it (“for our gospel came to you…in power…and with full conviction” (1 Thess. 1:4-5)) is the reason he knows that God chose them (“we are bound to give thanks to God…because God chose you from the beginning to be saved, through sanctification by the Spirit and belief in the truth” (2 Thess. 2:13)). God chose us simply because he decided to bestow his love upon us. It was not because of any foreseen faith or foreseen merit in us. This understanding of election has traditionally been called “unconditional election.” It is “unconditional” because it is not conditioned upon anything that God sees in us that makes us worthy of his choosing us.
For Paper #2 you will be drafting a proposal for your Final Position Paper due Week 8. This will be a three (3) page paper. Paper should be single spaced using Times New Roman 12-point font and submitted as a PDF document.
Please read BitGold case study (see HBS Coursepack) and answer the following questions with substantive answers in a cohesive essay. Your paper should be at least 3 pages in length. Use proper grammar, spelling, citations, etc.
Pricing and product managers in many large organizations, like the ones in the three case studies for the final project, deal with complex pricing situations. Often, these companies will charge different prices for different sales units or will need to price differently for different but related lines of product. Employing varied price structures allows managers the opportunity to earn more profit than if they had relied on more basic pricing strategies such as single pricing.
In the financial markets, the determination of interest rates stands as a pivotal force that shapes economic landscapes and influences investment decisions. By exploring different investment funds and events that shape the economy, you can understand the impact of interest rates.
The purpose of the discussion post is to provide an opportunity to engage with the topic. This goes beyond restating information found in the textbook. I want to hear your thoughts on how the topic resonates with you.
In Chapter 8 of Blockchain Revolution, Tapscott & Tapscott (2019) discuss potential adoption and utilization of blockchain by government bodies and agencies.
