ECON 201 Saudi Electronic University Caselet on Unemployment Case Study
Question Description
I Have 4 Subjects i need to answer the requirements as the attach describe
the dedline on 19 nov -2020
Assignment-1 DEDLINE ON 19 OF NOV-2020
ECON-201
Assignment 3-Case Study-Chapters: 15, 16, 17 & 18: – [5 Marks]
Caselet
On
Unemployment
Many Theories are given by different expert to explain the reasons behind unemployment. One reason of unemployment may be downswings (periods of recession) in the business cycle.
Another reason behind wide-scale unemployment refers to structural unemployment. Structural unemployment arises from longer-term changes in the economy, affecting specific industries, regions and occupations. Structural unemployment often explains regional unemployment. Some industries in India have lost their business and so employment to the cheaper imports coming from abroad.
Some experts explain that new technology is a cause of unemployment which is also known as technological unemployment. The argument is that the introduction of new technology is destroying jobs and business while at the same time imports from low-wage developing countries are undercutting goods produced in this country.
However, many studies may contradict this also. New technologies generally help in producing new products, or services and therefore new areas of employment. Sometimes lesser workers may be required in some areas of production where specific tasks are taken over by machines, but rising productivity boosts overall income and then the demand for new jobs in the economy as a whole.
Q1: What are the main causes of Unemployment? Do you agree that technological up-gradation in any industry may cause unemployment in that industry? Provide your opinion with one example. (2.5 Marks)
Q2: Structural unemployment in many countries has touched its highest peak during corona pandemic, but it seems that most of the industries in KSA are not that affected. Discuss the role of the Saudi Government in reducing the impact of Corona pandemic on employment in Saudi Arabia. (2.5 Marks)
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Discussion Board 3: Topic: The reserve ratio is the portion of reservable liabilities that commercial banks must hold onto, rather than lend out or invest. This rate is determined by the Countrys Central Bank. The Cash Reserve Ratio of select Middle Eastern Countries are given below:
Bahrain (%) 5.0
Oman (%) 5.0
Saudi Arabia (%) 7.0
United Arab Emirates (%) 1.0
As can be seen, the cash reserve ratio of Saudi Arabia is highest among the listed nations. Discuss on the implications of the 7% reserve rate on Saudi economy, highlighting the advantages and disadvantages.
Students are required to reply to at least two peer responses to this weeks discussion question. Your replies need to be substantial and constructive in nature
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Assignment 2
Organizational Behavior – MGT-201
Reference Source:
Textbook:-
Colquitt, J. A., LePine, J. A., & Wesson, M. J. (2019). Organizational behaviour: Improving performance and commitment in the workplace (6th ed). Burr Ridge, IL: McGraw-Hill Irwin.
Case Study: –
Case: General Motors
Please read the case General Motors from Chapter 14 Leadership: Styles and Behaviors Page: – 469 given in your textbook Organizational behaviour: Improving performance and commitment in the workplace (6th ed). by Colquitt, J. A., LePine, J. A., & Wesson, M. J. (2019) and Answer the following Questions:
Assignment Question(s):
1.Do you think GM can outduel the technology companies for safe autonomous driving vehicles? (1.25 Marks ) (Min words 150-200)
2.Would you consider Mary Barra to be the prototypical transformational leader? In what ways does she fit or not fit that model? (1.25 Marks ) (Min words 200-250)
3.Given GMs history, why does Barra put a premium on her executives leadershipbehaviours? (1.25 Marks ) (Min words 200)
Important Note:- Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles.
Part:-2
Discussion Question: Please read Chapter 14 Leadership: Styles and Behaviors carefully and then give your answers on the basis of your understanding.
4.Before reading this chapter, which statement did you feel was more accurate: Leaders are born or Leaders are made? How do you feel now, and why do you feel that way? (1.25 Marks ) (Min words 200-300)
Important Note:- Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles.
Assignment:3
Decision Making and Problem Solving MGT 312
Critical Thinking Questions:
Question 1:
Suppose you are a member of a group asked to find ways to cut costs throughout your organization for the upcoming year. Sales have fallen sharply, and the company is in danger of going out of business. After gathering information, your group concludes that the company will save the most money by freezing pay for a year, despite a tradition of annual salary increases. How can you make sure this is a fair decision? How can you make sure that others in the organization will see it as a fair decision?
Question 2:Case Analysis)
Care, a health consultancy company in Saudi Arabia, is studying the economic benefits of a program of preventative COVID-19 flu vaccinations. Care has to give advice to government for COVID-19 vaccination.If vaccinations are not introduced then the estimated cost to the government if flu strikes in the next year is SR.70m with probability 0.1, SR.100m with probability 0.3 and SR.150m with probability 0.6. It is estimated that such a program will cost SR.70m and that the probability of flu striking in the next year is 0.75.
One alternative open to the committee is to institute an “early-warning” monitoring scheme (costing SR.30m) which will enable it to detect an outbreak of flu early and hence institute a rush vaccination program (costing SR.100m because of the need to vaccinate quickly before the outbreak spreads).
Question
- As a consultant of Care, Develop a decision tree for alternatives and make recommendation to Indian government that which alternative can maximize expected economic benefits?
Question 3:
Decision support tools rely on objective, mathematical data. What part does ethics play in using decision support software?
Question 4:
If you collect too much information for analyzing a decision, you can suffer from analysis paralysis, where you spend too much time thinking about a decision rather than making one. Recall a major financial decision you made recently, such as of a car or housing purchase or rental. Describe your process for making the decision. How could analysis paralysis have affected this process?
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Assignment 4
ECOM201 Introduction to E-management
Requirements
Consider yourself as Global Manager for a Medical Company (Medawa) that is leading chain of retail pharmacy in Saudi Arabia, Jordan and United Kingdom. This company uses digital solutions for their business, but it focuses heavily on its retails sales. However, due to the recent Covid-19 pandemic, the way how they do business has been remarkably impacted. Not just with sales, the impact of this pandemic effected the way this company work, communicate and operate.
Therefore, as the global manager of this Medawa medical company you are required to develop a detail strategy on the following:
- Introduction about the topic.
- Explain what are the limited options that Medawa currently have regarding dealing with the pandemic.
- What is the level of technology urgency Medawa needs to sustain its performance?
- As a global manager, leading from home involves the leverage of digital capabilities. What are these capabilities? List and explain at least 3.
- Explain what type of virtual management characteristics will be implemented and why?
- How the virtual teams will work together?
- What tools are they using for communications and task management?
- How you will manage delivering the new changes within a short time in different locations in terms of language, cultural, time, political, and economical differences?
- What are techniques that you will be using to create a strong team with a high level of teamwork?
- What are the advantages and disadvantages of managing a virtual team?
- What type of conflicts might occur between members? When it happened how will you solve it?
- As a manager how you will manage the outsourced projects?
- What techniques that you will apply to encourage and motivate your team for improvement?
- Conclusion.
Keep in mind that the project MUST be supported by evidence and resources. Otherwise, your answer will not be valid.
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