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Compare and contrast the original visions that Henry Ford had for Ford Motor

Compare and contrast the original visions that Henry Ford had for Ford Motor Co. and that Michael Dell had for Dell, Inc.? Explain if and how information technologies may have impacted each vision and changed what these companies do today and how they conduct business? (10 points)
2. Do you agree or disagree with the following statement: “All forms of market discipline are built upon the solid foundation of accurate and complete disclosure.” Thoroughly explain your position
3. What are the primary determinants for why a business succeeds or fails? As a business consultant, what would you recommend to an aspiring entrepreneur so that she might maximize her probability to succeed? (10 points)

4. Explain the product life-cycle and display visually on a graph (be sure to label the axes). On your drawing, place the approximate location for each of the following products and briefly explain why you placed them there: iPod Nano, fax machines, newspaper publishers, plasma TVs, tube TVs, railroads, breathable synthetic fabrics, e-commerce, and credit cards. How does knowledge of the product life-cycle impact corporate strategy? (10 points
5. Several management (motivation and leadership) theories were discussed in class. Summarize, compare, and contrast as many of these theories as you can, and discuss the importance of job satisfaction and employee morale in the workforce today. (10 points)

6. Is the U.S. economy less or more stable today than 30-40 years ago? What factors have contributed to any change? Provide supporting evidence and be as complete as possible. (10 points)

7. Completely present “offshore outsourcing” from the following U.S. perspectives (10 points):
(a) business owners/managers
(b) shareholders
(c) workers
(d) consumers
(e) politicians
(f) economists
(g) Where do you stand on the issue, and why? What should be done? Why?

8. Explain the business cycle. When was the last U.S. recession (identify the beginning month and the ending month)? Explain how you arrived at your answer (i.e., present macroeconomic evidence). Where are we today in the business cycle? Provide supporting evidence for your answer. (5 points)

9. Explain how living standards can best be raised? How do businesses in free market economies help bring this about? (5 points)

10. Is it important for a nation’s central bank to be independent from government? Why or why not? Explain completely. (10 points)
11. What are the driving forces behind modern economic globalization? What are the limiting constraints? What’s most responsible for modern economic globalization: good practices, good policies or good luck? Thoroughly explain your answer. (10 points)

12. Briefly describe each of the following forecasting methods and how they differ from each other: naïve, moving average, exponential smoothing, linear regression, seasonal time series regression. (10 points)

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