Instructions attached.
Discussion Question Instructions (3 Questions)
(Discussion Week 4)
Context
For this week’s discussion, the focus will be on examining Porter’s Five Forces as a tool for looking at the pressures on profits.
Specifically, how does Porter’s analysis examine the stress on profits from all directions and all dimensions of a firm’s environment? You will be applying this tool by specifically looking at the market structure in which a firm competes. You will need to be able to distinguish an oligopoly from a monopolistic competitive market structure.
Also see the help provided in the discussion preparation.
Instructions
In your discussion post, address the following:
Choose one of the following groups and use Porter’s Five Forces to analyze the pressures on profits for your chosen group’s firms.
1. Group 1: Firms in the retail sector (e.g., Amazon, Walmart, Target, Kohl’s, Sears, Macy’s).
1. Group 2: Firms in the wireless services industry (e.g., Verizon, AT&T, Sprint/T-Mobile; focus on telecommunication services, not on the sale of phones).
1. For each group determine and explain whether the group is monopolistic competitive or an oligopoly. Be specific in which market structures the firms operate.
1. Choose
oneof the firms from one group.
1. Using Porter’s analysis,what are the threats to profitability faced by the firm? This would be a great time to expand your research skills by checking out the firm’s investor relations page or by using some of the material from the vast collection of business databases at the Strayer Library.
(Discussion Week 5)
Context
The idea that transactions in a marketplace work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price, they are happy with the deal. There is no coercion. If the person really does not like the deal, they simply walk away.
This week’s discussion will give you an opportunity to explore direct and indirect price discrimination within the context of a hypothetical scenario.
Also see the help provided in the discussion preparation.
Instructions
For this discussion, use the following hypothetical scenario as the basis for your response:
Your business partner is strongly opposed to your proposal to charge your largest customers lower prices for your web-based services than what you charge your smaller customers. She is arguing it is unethical, unfair, and possibly illegal.
Address the following in your discussion post:
Make a case that both groups of customers will be satisfied with the deal and that this is a perfectly legal form of pricing in a business-to-customer relationship.
. What degree is this type of price discrimination?
. How will the plan increase revenue?
. Why will both groups of customers be satisfied with the deal?
. Why is this a legal form of pricing?
Use evidence from your textbook or other reputable sources, including any help in the discussion preparation, to support your case to your business partner.
(Discussion Week 6)
Context
In our
Managerial Economicstextbook, we consider a sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm (see Figure 15-1). There are several possibilities of how this sequential game will be played. We want to use the Froeb rule of “look ahead and reason back.”
Also see the help provided in the discussion preparation.
Instructions
For your discussion post, use Figure 15-1 from the textbook as your starting point to address the following:
Play and analyze the game. Can, and how does, the entrant succeed? Is the incumbent ever in control of this game? What is the Nash equilibrium?
. You may wish to review the old game known as Duopoly, as well as Antoine-Augustin Cournot, to help inform your post.
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DQ 6 REPLY NOTES
DQ 6 REPLY NOTES
DQ 6 Reply NOTES
6-1 AB (200 words and one reference)
Frustration is more likely to lead to aggression when you take your frustrations out on someone else who may be frustrated. When thinking about this question I kept coming back to Black Friday and all the chaos that entails. I remember hearing about someone shooting someone outside a toys-R-us because the other person got the last of a specific toy. Then all the fights in Walmart during Black Friday are uploaded to YouTube. When our drive to reach a goal is blocked by external factors we experience frustration which, in turn, creates an aggressive drive and this can lead to aggressive behavior. (Nickerson, 2021).
I have dealt with anger issues most of my life. Unfortunately, it took me until my 30s to find a practice that helps. One solution is pretty self-explanatory, avoid high levels of negative stimuli. If you get stressed easily with normal shopping going out during black Friday is simply poking the bear. What has helped me tremendously is hard to learn and takes practice but is worth the effort. I take pause before allowing myself to respond. Doesnt have to be a long pause just one to assess the stimuli and determine if the response reflects the situation or my emotional state.
Anger is a powerful emotion that can lead to severe problems in your relationships and career if left unbridled. (Anger Management Test – Abridged, n.d.). Another good website I found while on my journey to handle my anger better is this one,
How Good Is Your Anger Management? – Stress Management from Mind Tools. It gives you a breakdown of a questionnaire you took and how your answers were evaluated. It was and still is an interesting read, after taking the short questionnaire.
6-1 JR (200 words and one reference)
If you are a gamer then you know what it is to be so frustrated that it pushes you to the point to act out of anger by (Rage quitting or screaming mean things into the screen and mic). This effect is know that Frustration-Aggression Hypothesis this posits theory suggests that frustrationanything that prevents us from reaching goals we are seekingleads to the arousal of a drive whose primary goal is that of harming some person or objectparticularly the perceived cause of frustration (Branscombe, 2016). This theory suggests that frustration is the only source of aggression (Branscombe, 2016). Something that I personally do to help with my frustration is to break a cup in glass using a hammer, this helps with releasing the frustration. I also like to build up a scream and yell Santa mozzarella (in an Italian accent) into the sky. The silliness of the idea of someone yelling santa mozzarella using an italian accent into the sky is something that might help with someones frustration. I did not know this at first but i was engaging in what Brascombe (2016) describes as inducing thoughts and feelings that are incompatible with anger or aggression
Branscombe (2016) mentions the technique of counting to ten, the idea is to divert thought of frustration to something that is inconsistent with the thoughts of frustration. Learning how to divert attention away from frustration can be beneficial to everyone as it can help people avoid conflict. I feel like this is a technique that is not talked about enough or taught to us to as children or adults.
6-2 LL (200 words and one reference)
We want to understand the why, therefore, knowledge can help us understand better and also help us predict their future actions. This process is known as attribution. This process not only concerns our efforts to understand the causes behind others behaviors, we also use it to understand the causes behind our own behavior (Branscombe, 2016). The way we perceive the situations will determine our willingness to help in the situation. For example, if we see one who waste all of their time on doing anything, then seeks help to get things done, will be a way for one to not be willing to help. Also, the value type of self-enhancement is most negatively related to helping behavior. Self-enhancement values of power and achievement are expressed by care for the self, and not for others (Daniel, 2015). This is the main cause of one not helping others.
However, from a Christian’s framework, the typical response is not justified due to we are to put others before ourselves. This also requires a line to be drawn so we would not be maliciously used by others for our downfall. Helping others should be at the top of the list for a Christian, regardless of the person they are helping condition. The idea to not focus on self enhancement, but rather the community’s enhancement.