Explain in more details of the Doll Test and its use in the Brown case of Brown v. Board of Education of Topeka

APA Format. 200 or more words.

DUE NLT 4 MAR 2015

Provide answers to the four Final Exam questions using APA format. Submit your exam on schedule.

This final exam consists of four questions. Please answer them using APA format.

Two to three pages should be sufficient for each question.

1. In his book, Rewarding Work: How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for “qualified employers” or hire disadvantaged people for “eligible jobs.” Evaluate this plan in terms of market incentives, one of the ten principles of economics, to work and current welfare programs. Is the Phelps’ plan an improvement over current government policies? Discuss.
2. The availability of investment capital is critical for a market economy to grow. Explain how this investment capital is transformed into fixed capital goods, new technology, and cost reduction using new methods of production. Also, explain how interest rates impact the availability of investment capital.
3. Your text, on page 629, lists three arguments for trade restrictions. Since economists do not favor trade restrictions, and this is a course in Managerial Economics, make the case as an economist against trade restrictions for these three items. Are there any arguments for trade restrictions that most economists would support? Discuss.
4. Who was responsible for the global financial crisis of 2007-2009? Free-Market capitalism, government intervention, or a combination of both? Identify the causes of the crisis, the steps the private and public sector took to resolve it, and what leaders should do to keep it from happening again. Remember, banks are profit making firms who supply capital to suppliers of goods and services.

The paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.

21 multiple choice questions only. 

Genesis Cash Position Analysis

The Genesis operations management team is now preparing to implement the operating expansion plan. Previously, the firm’s cash position did not pose a challenge. However, the planned foreign expansion requires Genesis to have a reliable source of funds for both short-term and long-term needs.

One of Genesis’s potential lenders tells the team that in order to be considered as a viable customer, Genesis must prepare and submit a monthly cash budget for the current year and a quarterly budget for the subsequent year. The lender will review the cash budget and determine whether or not Genesis can meet the loan repayment terms. Genesis’s ability to repay the loan depends not only on sales and expenses but also on how quickly the company can collect payment from customers and how well it manages its supplier terms and other operating expenses. The Genesis team members agreed that being fully prepared with factual data would allow them to maximize their position as well as negotiate favorable financing terms.

The Genesis management team held a brainstorming session to chart a plan of action, which is detailed here.

• Evaluate historical data and prepare assumptions that will drive the planning process.
• Produce a detailed cash budget that summarizes cash inflow, outflow, and financing needs.
• Identify and compare interest rates, both short-term and long-term, using debt and equity.
• Analyze the financing mix (short/long) and the cost associated with the recommendation.

Since this expansion is critical to Genesis Corporation expanding into new overseas markets, the operations management team has been asked to prepare an executive summary with supporting details for Genesis’s senior executives.

Working over a weekend, the management team developed realistic assumptions to construct a working capital budget.

1. Sales: The marketing expert and the newly created customer service personnel developed sales projections based on historical data and forecast research
2. Other cash receipt: Rental income $15,000 per month
3. Production material: The production manager forecasted material cost based on cost quotes from reliable vendors, the average of which is 50 percent of sales
4. Other production cost: Based on historical cost data, this cost on an average is 30 percent of the material cost and occurs in the month after material purchase
5. Selling and marketing expense: Five percent of sales
6. General and administrative expense: Twenty percent of sales
7. Interest payments: $75, 000—Payable in December
8. Tax payments: $15,000—Quarterly due on 15th of April, July, October, and January
9. Minimum cash balance desired: $25,000 per month
10. Cash balance start of month (December): $15,000
11. Available short-term annual interest rate is 8 percent, long-term debt rate is 9 percent, and long-term equity is 10 percent. All funds would be available the first month when the firm encounters a deficit
12. Dividend payment: None

Based on this information, do the following:

1. Using the Cash Budget spreadsheet, calculate detailed company cash budgets for the forthcoming and subsequent years. Summarize the sources and uses of cash, and identify the external financing needs for both the forthcoming and subsequent years.

   Download this Excel spreadsheet to view the company’s cash budget. You will calculate the company’s monthly cash budget for the forthcoming year and quarterly budget for the subsequent year using this information.

1. In an executive-level report, summarize the company’s financing needs for the forecast period and provide your recommendations for financing the planned activities. Be sure to comment on the following:
   1. Your recommended financing solution and cost to the firm: If Genesis needs operating cash, how should it fund this need? Are there internal policy changes with regard to collections or payables management you would recommend? What types of external financing are available?
   2. Your concerns associated with the firm’s cash budget. Is this a sign of weak sales performance or poor cost control? Why or why not?

Write a 7-page paper in Word format

Assignment 2: Outsourcing an MNC – Part 2

Due Week 8 and worth 200 points

Imagine that you are a senior business manager for the same U.S.-based MNC from Assignment 1. Your management team has accepted your recommendation to outsource the IT, shipping, and warehousing departments to the country that you have previously recommended. Your management team now needs you to formulate an entry and implementation strategy in order to ensure the outsourcing strategy is executed effectively.

In preparation for this assignment, use the Internet or Strayer Library to research the culture of and basic strategies for global integration into the selected country.

Write a six to eight (6) page paper in which you:

1. Describe the current culture of the outsourcing country. Illustrate your company’s ability to manage both multiculturalism and diversity in order to build multicultural team effectiveness.
2. Analyze each of the four (4) basic strategies for global integration in terms of international strategy, multi-domestic strategy, global strategy and transnational strategy. Suggest the strategy that would be most fitting for your new venture. Justify your response.
3. Prepare an environmental scanning analysis, and provide the management team with an accurate forecast related to different environmental factors that could affect the company within its proposed new operating location.
4. Based on the environmental analysis, recommend both an ownership structure and organizational structure for operating the MNC within the new market. Defend your recommendation.
5. Compose a political risk analysis that details both macro and micro risks and indigenization laws for the new country. Provide specific examples of said risks.
6. Design an implementation strategy that considers the essential alliance partners. Based on the environmental and political risk analyses, determine the most significant challenges and opportunities to forming mutually beneficial relationships with the identified alliance partners. Justify your response.
7. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

• Analyze the major economic, social/cultural, technology, and political/legal aspects of the international business environment.
• Explain the major considerations for effective communication and decision making in an international environment.
• Formulate competitive market entry strategies and organizational structures to operate in foreign markets.
• Use technology and information resources to research issues in global management.
• Write clearly and concisely about global management using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric found here.