Problem 1.

   Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force? What is the unemployment rate?

 Problem 2.

   If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? In contrast, suppose that the CPI was 110 last year and 108 this year. What is this year’s rate of inflation? What term do economics use to describe this second outcome?

Problem 3.

   Use the hypothetical economy data in the table below to answer the following questions.

a) What is the equilibrium price level and the equilibrium level of real output in this hypothetical economy? Use Excel to graph both the aggregate demand and aggregate supply curves. Can there be equilibrium level of output at below full employment?

b) At what price level will aggregate supply FALL BELOW [equal] aggregate demand? At what price level will demand fall below aggregate supply? If given a price level of 250, will aggregate demand exceed supply?

c) If the aggregate demand schedule shifted by $140 billion to the right at every level, what would be the new equilibrium level of income?

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This assignment helps you develop the skills to master the following course competencies:

• Develop innovative and sustainable solutions to strategic and global operations management challenges.
• Apply theories, models, and practices of global operations management to address business problems.
• Integrate operations management analyses into general business management planning and decision-making.
• Communicate in a manner that is professional and consistent with expectations for members of the business professions.

Activity Instruction

In this assignment, you will submit your final operations improvement plan (OIP). Your final OIP should be divided into five basic components:

• Process Identification.
• Process Improvement.
• Defining the Problem Statement.
• Measurement Strategy.
• Data Collection and Evaluation Tools.

You have developed each of these components as individual assignments and you have updated them as your OIP has developed. Take into consideration all of the research and groundwork you have completed thus far. Incorporate feedback from previous assignments as well as the tools, techniques, and methodologies you have examined throughout the course. Finalize your comprehensive OIP as if you were to present it as a formal recommendation to the organizational leaders of the Toyota Motor Corporation. Focus your writing appropriately for that audience.

Your final OIP should include the following elements:

• A problem statement, including an overview of the Toyota recall crisis, with a brief history and description of the situation.
• A description of the key challenge or problem you have chosen to address in Toyota’s organizational processes, and an analysis of its organizational impact, based on theories and models of global operations management.
• An executive summary of the collected and processed data (actual data, if possible, or assumed data, if necessary).
• A cost-benefit analysis based on your data.
• A description of your innovative and sustainable solution that reflects strategic global operations management concepts and practices.
• Your recommendations for supporting the improvement of the selected process, based on practices of global operations management.
• An explanation of the data or findings that validates your recommendations.
• The visuals, diagrams, and flowcharts you have developed to support and integrate your analysis into general business management planning and decision-making processes.
• A conclusion.
• A comprehensive reference list.

Submission Requirements

• Written communication: Written communication is free of errors that detract from the overall message.
• APA formatting: Resources and citations are formatted according to APA (6th edition) style and formatting.
• Resources: Minimum of 4 sources required.
• Length of paper: 5–10 typed, double-spaced pages.
• Font and font size: Times New Roman, 12-point.

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In the course scenario, the following was stated: The CEO has hired you as an external organizational development consultant to help him identify problem areas and to understand where changes should be made within the company. Over the next few weeks, you will also be working with the CEO and managers in all four divisions of the company to help establish these changes. Your various responsibilities will also include talking with employees at each level of the company to get a better understanding about underlying problems.  So far, you are seeing inconsistencies in leadership practices in each of the departments, and you are concerned that while the company is trying to improve its communication protocol, the different leadership styles may be creating confusion. For example, when you talked to one of the production employees, Sonja Diaz, she explained that she had many ideas for helping to streamline the production process, but feels she cannot share them because of the transactional leadership. In the marketing department, one sales rep, Jerry McVie, felt that he was not being challenged with his current goals and is even considering leaving the company to join one of the competitors. Lack of communication between the divisional leaders might also be the cause of conflict between the departments because they operate in silos. This separation between divisions may also be having a negative effect on middle management staffing issues.  Your meetings with managers on conflict resolution are going well. You and Jared the CEO meet after he gets back from his business trip to finish your discussion about leadership styles.  Your CEO Jared says, “Maybe we should talk to the vice presidents and managers about leadership styles. “I was hoping you’d say that,” you say. “I’ll have a presentation that defines a minimum of 4 leadership styles, and then compares and contrasts a minimum of 4 leadership styles in order to discuss strengths/weaknesses and pros/cons of one leadership style over another.  Please have this ready for meetings next week. Thanks.”  If there are any questions on any of this, reach out to your instructor and also be sure to attend or listen to the chats as that is where you will be able to ask questions and gain many insights in what is being asked for here.

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Identify a negotiation situation that took place in one team member’s organization (It can either be internal to the organization or it can be between organizations). The topic is BUYING A CAR…

Prepare a 1,750- to 2,100-word paper that includes the following:

• * Identify the constituents and agents, and describe their role in the negotiation process.
• * Identify cultural and audience impact on the negotiations (if any)
• * Describe two of three factors (power, influence, coalitions) that contributed to or supported the negotiation      strategies, and analyze their effectiveness. 
• * Develop two or three additional factors (power, influence, coalitions) that could have been used to improve negotiation performance, and explain why these factors may or may not be more beneficial.
• * Describe the ethical approach practiced within the selected organization, and its impact on the negotiation process. (This one)

Format your paper consistent with APA guidelines.

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