Managerial economics-Ethics assignment Movie Review

Managerial economics-Ethics assignment - Movie Review Example Advertising another bailout package to the people and Congress proves to be a long stretch as suspicion and unwillingness is reasonably a hard sell when it involves companies that eaned billions. While Paulson figures out how to fix the problem, trying hard as he can to resolve it within the private sector, corporations are out for their own interests leading to the inevitable fall of Lehman Brothers. Eventually, the corporation files for bankruptcy and the bigger problems are just starting for big names that include AIG. This movie is ideal in understanding how the financial system in America works, not only that, it emphasizes on the interconnectivity of companies and even of governments that it is essential to appreciate that there must be mutual support instead of everyone only thinking for themselves. The role of managers can be seen to be the bridge that determines whether the company applies social responsibility or not. The relationship of businesses is important in building rapport and goodwill. In my own line of business importing and exporting goods, I find it true that the banks play a major role in the sustainability of trade. I do business internationally where I have to deal with people of different nationalities including the laws that apply to each transaction. The ethical conduct of business is just as important as the business itself. There are a number of ethical dilemmas in the film. Paulson, as a former banker who made his millions in Goldman Sachs, knows how they think and how they will react. At times he had been suspected of advocating for his own interests though the same is not true. He sat down the CEOs to push them to buy and support Lehman Brothers, but Merrill Lynch’s John Thain secretly called to push for the purchase of shares in his own company instead of Lehman Brothers. On the last part of the movie, Paulson managed to convince large banks to accept a nationalization

Take Home Final Exam Essay Example | Topics and Well Written Essays - 750 words

Take Home Final Exam - Essay Example main difference between the two techniques is the gap between two successive elements is random, and uneven in simple random sampling, whereas, it is equal in case of systematic sampling. Answer 2. Non-Probability sampling techniques include: Convenience, Judgment, Quota, and Snowball. Snowball sampling is a low-cost technique in which the researcher selects initial respondents by probability samples, and additional respondents are obtained by referral from initial respondents. This method is useful in surveying rare population members. In Quota sampling, researcher classifies the population by distinct properties, determines desired proportion of sample from each class, and fixes quota for each interviewer. Answer 4. Mutually exclusive implies that the set of variables do not overlap with each other. This implies that only one dimension of the issue should be related to a particular variable. At the same time, the list of alternatives shall be collectively exhaustive. This implies that the alternatives should cover all the possible options that might be the answer to the question. A fixed alternative question shall have alternatives that satisfy the criteria of being mutually exclusive, as well as collectively exhaustive. 2. How often do you eat in the cafeteria? This is an open ended question. The question is not clear in terms of the units of frequency in which it wants the answer i.e. is it asking for weekly or monthly frequency. A more appropriate question might look like: This is an out-of context question. The question preceding this, as well as the question succeeding this is nowhere related to it. It is also not placed in the proper order. If it is necessary to include this question for some analysis, then it should come in the beginning part of the questionnaire, after the age question. 4. A recent analysis by a nutritionist from the Department of Health concluded that the food served in the cafeteria is some of the healthiest she has seen in some