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The Economics of Labor Markets
MUST BE NEW AND ORIGINAL WORK NOT GIVEN TO OTHER STUDENTS. Write in a clear, concise, and organized manner; demonstrate ethical scholarship in the accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation. Include citations in the text and references at the end of the document in APA format.PLEASE READ INSTRUCTION CAREFULLY. IN TEXT CITATION AND MUST CITE ALL REFERENCE IN APA FORMAT
Select an organization with which you are familiar or an organization where you work. ORGANIZATION WILL BE McDONLADS
Develop a 15-slide with speaker notes Microsoft® PowerPoint® presentation to be presented to the CEO’s executive committee that addresses how your chosen organization determines what quantity of labor to demand and what events could shift the demand and supply of that labor.
Explain the following in your presentation:
- How your organization’s production function is related to its marginal product of labor.
- How your organization’s marginal product of labor is related to the value of its marginal product.
- How your organization’s marginal product is related to its demand for labor
- Examples of events that could shift the demand or supply of labor and why they do so.
- Reasons a worker’s wages might be above the level that balances supply and demand.
- An analysis of the impact that government policies addressing income inequity and poverty could have on labor demand or supply.
Cite a minimum of three peer-reviewed sources not including your textbook.
Format your presentation consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
Follow the Assignment naming convention stated in instructor policies
MUST ADHERE TO RUBRIC BELOW
Grading Guide
Content
Met
Partially Met
Not Met
Comments:
Students selected an organization their team is familiar with or an organization where a team member works.
Students explained how their organization’s production function is related to its marginal product of labor.
Students explained how their organization’s marginal product of labor is related to the value of its marginal product.
Students explained how their organization’s marginal product is related to its demand for labor.
Students provided examples of events that could shift the demand or supply of labor and explain why they do so.
Students explained reasons a worker’s wages might be above the level that balance supply and demand.
Students provided an analysis of the impact government policies addressing income inequity and poverty could have on labor demand or supply.
Presentation consists of 15 to 20 slides and is appropriate for the audience.
The presentation included relevant media and visual aids that are consistent with the content.
Total Available
Total Earned
3
#/3
Writing Guidelines
Met
Partially Met
Not Met
Comments:
The presentation–including tables and graphs, headings, title page, and reference page–is consistent with APA formatting guidelines and meets course-level requirements.
Intellectual property is recognized with in-text citations and a reference page.
The design of the presentation is appropriate – fonts, color scheme, and graphics are consistent.
Use of speaker’s note is appropriate. Sentences are complete, clear, and concise.
Rules of grammar and usage are followed including spelling and punctuation.
Student has followed the assignment naming guidelines.
Total Available
Total Earned
2
#/2
Sales Report
PART 2 – Sections 3-6 – 50 Points – Due: March 1
Section 3: Global Perspective (Max 1 page)
Research the cultural and business etiquette perspectives of one of the countries listed below. If you were to sell your product in that country, describe key issues that you should be aware of and execute to conduct a B2B sales meeting in that country. Please provide a minimum of two source citations. If you are from or have worked in a country listed below, choose a different country to write up.
Countries: Brazil, China, France, Germany, Italy, Spain and Mexico
Section 4: Need Discovery Questions (Max 1 page)
Create a list of 10 questions (open ended response) about your product. These questions can be used for the need discovery stage to obtain more information about your prospect’s needs (from Section 2). Your questions should also uncover your prospect’s needs for the product you are selling. Compose 10 (total) of the following types of questions: Survey, Probing, Confirmation and Need Satisfaction. Identify each question type along with the question.
Section 5: Handling Objections (max 1 page)
Create a list of five objections a prospect may use about your product and your response to those questions. Use first person and be specific to the product you are selling. For example:
Objection 1 “I do not understand what makes your control systemdifferent from the one we are currently using.”
Your Response: “I am glad for the opportunity to explain how our product can make a difference. Our control system is unique in its ability to maintain the temperature and humidity within 0.1% of the set point.”
These objections should be realistic ones that you would expect to face in a sales presentation for this product.
Section 6: Closing (max 1 page)
Provide two closing statements (using two different closing methods – see Chapter 14) that you could use under each of the following two conditions. That is, you will write two closing statements for each condition (a total of four closing statements).
Condition 1: Your prospect has full authority to make purchasing decisions.
Condition 2: Your prospect must confer with someone else in order to authorize a purchase.
discuss and analyse cultural values and social class influence pro-environmental consumption.
write about 1000 words must use three or four jounal sources
Carefully structured, as you develop each of the themes / issues you discuss. Think about how you will create a clear order to these paragraphs so that they link to each other and provide a logical progression to the discussion.Avoid description of concepts, analyse, compare and contrast ideas and demonstrate the links between theory and practice