Discussion board forum Assignment Example | Topics and Well Written Essays - 500 words - 1

Discussion board forum - Assignment Example the required limits in law may keep corporations out of courts, but businesses are ware that holding themselves responsible to a high standard will stand them in good stead as far as their employees, customers, suppliers, communities, regulators and shareholders are concerned. This therefore means that any enterprise if at all it wants to be sustained over a long period of time must maximize its proceeds; nevertheless it should do so in a way that meets the requirements of its stakeholders who in essence allow it to stay viable. When there is a change of those requirements, corporations have got a responsibility to become accustomed to their actions accordingly, if at all they wish to survive. This is the aspect missed by Friedman’s argument. The game and its rules have changed in indispensable ways –and customers today anticipate and even demand more of a corporation than basically that they increase their returns without coming to anguish by some breach of law. Custom ers require and anticipate attributes from what they purchase-safety, value, quality-which of course depends on the price they have paid (Bryan, 2010).Employees on the other hand require more than just a paycheck and the society needs the enterprise to be a better corporate citizen and employ from the community. Regulators require corporations to adhere to the legal line, communities frequently require companies to go an extra mile and do more than is needed of them; leading to a lot of strategic philanthropic efforts that are an aspect of ,but nevertheless don’t by themselves comprise a responsible company, particularly if they seem to be like giving back for a business culture or model that is not desirable (Bryan, 2010). Break-even point is that point at which a product stops costing Sarah’s company/enterprise money to produce, and sell, and thus starts making a profit for the company. Her total expenses for this enterprise are ($12,000+148000=160,000) plus her salary of $35,000.The

Bubbles by Chris Martenson Essay Example | Topics and Well Written Essays - 500 words

Bubbles by Chris Martenson - Essay Example The 2007 housing bubble is a recent example of a bubble that has affected the American economy and the rest of the world. The author has shown that although the bubble started way back in 1998, it was still never stopped. As the author narrates, bubbles have their way around with the people. In other words, people always tend to get tricked into believing that things will be different. Based on the video, it is obvious that bubbles can be avoided if people stopped being guided by the false illusion that â€Å"this time, things will be different.† In addition, in the United States, the Federal Reserve failed in its duty to protect the public against the housing bubble. Even when the signs of the bubble started to show, the Federal Reserve continued to lower interest rates. It was rather using researches to convince the public that the housing was not going to create an asset bubble. From this, the video points to the importance of having an effective central bank system in prev enting such economic catastrophes. In the United States, the Federal Reserve failed to act on the problem before it became too big.  Finally, the video shows that an asset bubble is just an indicator of a bigger problem. The housing bubble was just an indicator of increased borrowing. There was an increase in debt from $27 trillion in 2000 to $48 trillion in 2007. This shows how asset bubbles affect other sectors of the economy. In addition, bubbles are destructive because people/organizations tend to make the wrong investments.