Business Studies

Prepare a written response to the prompt below using a word processor. Please save your file in .doc or .docx format. Your response should be complete and your final document should be five (5) to seven (7) pages in length, and should comply with APA writing requirements. All work should be in the student’s own words, and no more than 10% of the paper may have direct quotations, cited in APA format. The focus of this paper is on critical application of module terms and concepts to the chosen business.
*Students are encouraged to visit the following website before completing writing assignments. Purdue Online Writing Lab (OWL):
*To view the grading rubric for this assignment, click on the name of the assignment and click “View Rubric”
Assignment Prompt:
Consider each of the scenarios below from the perspective of a manager. Use the insights that you have gained throughout this course to compose complete and thoughtful responses to each scenario’s directions. Total of four scenarios.

Scenario One

After experiencing a few years of some modest success, your company (Indiana, Inc.) wants to expand operations, but it needs to borrow a considerable sum of money from its commercial bank to do this. In this regard, it has been determined that borrowing will be undertaken within the next few weeks if the interest rates are reduced from their current level, but borrowing will be delayed if the interest rates remain the same or are increased from their current level. The bank always follows the lead and direction of the Federal Reserve when it comes to the interest rates it charges for loans, so analyzing what the Federal Reserve does is crucial to making the right decision to borrow now or borrow later.

Below are three separate hypothetical actions that the Federal Reserve could take that would impact the commercial bank’s interest rates. Follow the specific directions for each hypothetical, and respond to each one in separate paragraphs. Also number your paragraphs to coincide with the number of each hypothetical you are writing about.

1 The Federal Reserve has decided to sell treasury bonds on a regular basis over the next few weeks. Identify by name and describe in detail the specific tool that is being used by the Federal Reserve, and then based on what it is doing, explain whether you would recommend borrowing at this time or waiting until later, and explain why.
2 The Federal Reserve has just advised the commercial banks that it must increase the percentage of money it keeps in its vaults from 10% of all deposits to 12% of all deposits over the next few weeks. Identify by name and describe in detail the specific tool that is being used by the Federal Reserve, and then based on what it is doing, explain whether you would recommend borrowing at this time or waiting until later, and explain why.
3 The Federal Reserve has just lowered the interest rate that it charges commercial banks that seek to borrow money directly from the Federal Reserve from 5% to 4%, and this will remain in effect over the next few weeks. Identify by name and describe in detail the specific tool that is being used by the Federal Reserve, and then based on what it is doing, explain whether you would recommend borrowing at this time or waiting until later, and explain why.

Scenario Two

Assume you have recently been hired as the new manager of EyeTech Company, an innovative company that sells specialized eye care equipment, primarily to Ophthalmologists, Optometrists, Eye Surgeons, Clinics, and Hospitals. You have decided that in an effort to increase sales, EyeTech will use one form of price discrimination for at least one year. There are typically three different degrees of price discrimination to choose from: First Degree, Second Degree, and Third Degree.

1 Explain in detail the meaning of First Degree Price Discrimination, Second Degree Price Discrimination, and Third Degree Price Discrimination.
2 Assume that each degree of price discrimination can be successfully implemented by EyeTech Company. Select the degree of price discrimination that you believe will be the most successful in improving sales, and explain why. (Note that you can only select one specific degree. Do not select more than one degree or a combination of degrees.)
3 To also gain more insights into EyeTech’s primary consumers and their demand for EyeTech’s products, you have decided to use one of the four strategic tools for managers highlighted in the Module Three Lecture to better understand consumer demand. Identify and describe the tool (one only) you believe would provide the best insights into EyeTech’s primary consumers, and explain why you believe this particular tool would be the best one to use.

Scenario Three

Bilbo Company wants to expand operations into one foreign country. As the company manager, you have been directed to explore both the economic conditions and economic freedom conditions of four foreign countries, and then make a recommendation based on the data you obtain on the countries from the Index of Economic Freedom that can be accessed at Do not use any other data source.

The countries under consideration are the following:

1. Chile

2. Poland

3. Qatar

4. Philippines

For each country above, make a small chart that reports the following statistics provided in the index: A. GDP, B. GDP Per Capita, C. Unemployment, D. Inflation, and E. Population.

Then for each country above, make a small chart that reports the following economic freedom scores: A. Property Rights, B. Government Integrity, C. Business Freedom, D. Tax Burden, and E. Trade Freedom.

After you collect and report all of the required statistics and economic freedom scores for each country, recommend one country (only one) among the four that you believe would be the best one for Bilbo Company to expand into, and explain why. Be sure to base your recommendation on all of the data you collect for each country in order to make a more complete comparison, and don’t base your recommendation on only one or a few of the statistics and/or scores.

Scenario Four
Macrohard Aluminum, Inc. wants to increase its overall size in the hopes of gaining greater market shares of the various products it sells. As manager, you have to analyze this plan by reviewing and then recommending specific ways that the expansion will be able to enjoy some economies of scale in order to justify the increase in the size of the company.
1 Describe in detail the meaning of economies of scale.
2 Identify 4 specific ways that the company might be able to achieve economies of scale from increasing its size, and describe each one separately.
3 Describe in detail the meaning of diseconomies of scale, and explain 2 specific ways how increasing the size of Macrohard Aluminum, Inc. could unintentionally result in some diseconomies of scale.

Bonus (worth up to 5 points)
1 Does the Balance of Trade always balance? Briefly explain why or why not.
2 Based on the economic meaning of supply and the economic meaning of demand, explain whether supply creates demand or demand creates supply.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Boom Grades
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Public Health
Thank you so much !!
Customer 452589, November 28th, 2023
Classic English Literature
Awesome Job... you are the best!
Customer 452531, November 27th, 2021
english comp
Great paper and done before the deadline. Thank you
Customer 452509, June 15th, 2021
English 101
perfect! thanks!
Customer 452543, December 1st, 2021
Great content.
Customer 452549, February 8th, 2022
Classic English Literature
Absolutely LOVE the essay I received. I really appreciate it so much.
Customer 452529, October 25th, 2021
world civilization
Thank you for the quick response
Customer 452509, June 27th, 2021
Religious studies
I recommend this service they always help. I got an A in this project thanks.
Customer 452507, October 5th, 2021
English comp
Got a 94% thank you!
Customer 452509, June 27th, 2021
Classic English Literature
Great Work as Usual. Thank you . I received an A on the paper!
Customer 452531, November 9th, 2021
Absolutely LOVE having help especially from the person who wrote this last one. THANK YOU
Customer 452529, November 19th, 2021
english comp
Thank you for all your hard time.
Customer 452509, June 27th, 2021
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat