microeconomics assignment

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WORKSHEET AND JOURNAL





You read about and practiced with various concepts regarding organizational structure and culture which affect employee behavior and success. Read the scenario carefully and provide your response regarding the organizational structure and culture in the fictional organization provided below.

Scenario (fictional):

An industry consulting firm has the following structure and culture:

All the employees at this consulting firm work full-time. All the full-time consultants report to various industry directors depending on the industry contract. The company employees work mostly from home with directors or consultants renting temporary office space with or without videoconferencing when needed for either client meetings or vendor meetings. The company is very successful and has an expanding client base.

The company CEO is extremely relaxed and extremely smart and expects everyone at the company to display a relaxed yet expert demeanor as well. There really are very few rules or expectations at the company as the CEO also believes in keeping processes very simple.

The previous president retired about six months ago, and the CEO, together with a human resources firm, hired a new president. About two months ago the company’s employees (i.e., consultants) started receiving emails from the new president putting pressure on all of them to produce results in less time but pressuring them to charge the clients higher sums without making any more money for themselves. In addition, the new president wants the staff to come into the office now three times a week for meetings. Three months ago the new president hired thirty new full-time consultants that seem more like salespersons than consultants to existing employees. A few of the long-time consultants have been emailing the CEO about these changes and suggesting they may go elsewhere. In the meantime, the Finance Director has detected several anomalies in the contract terms and financial results from some of the new consultants and one or two of the existing consultants.

  • Describe the organizational structure at this consulting firm and how it affects employee behavior.
  • Describe how the changes to the organization’s culture might affect employee behavior.
  • Provide a recommendation for any adjustments you think need to be made at this organization based on the Reading and explain why.

After checking your spelling and grammar, upload your minimum 250-word response in a Word document to the Unit 9 Journal Dropbox. Be sure to use APA format (i.e., 12-point Times New Roman font, double spacing, and 1 inch margins).

Disclaimer: The organization and characters depicted in this exercise are fictional. Any resemblance to real organizations or individuals is purely coincidental.

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[BU204 | Macroeconomics] Assignment | Unit 9 Monetary and Fiscal Policy, Macroeconomic Fluctuations, and Macroeconomic Equilibrium 1. Your Assignment should have a cover sheet with the following information: ● ● ● ● Your Name Course Number Section Number Date 2. You may submit your Assignment using the Unit 9 Assignment template. 3. Your answers should follow APA formatting by being in double spaced paragraph format, with citations to your sources and, at the bottom of your last page, a list of references. Your answers should also be in Standard English with correct spelling, punctuation, grammar, and style. 4. Respond to the questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your paper should be highly organized, logical, and focused. 5. Required Format:     Correct APA formatting for answers (cover sheet with name, course number, section number, unit number, date, answers double spaced, in Times New Roman 12-point font). Review the APA formats found in the Writing Center. Correct citations within answers Standard English with no spelling or punctuation errors Correct references at the bottom of the last page Assignment This Assignment will assess your knowledge based on the following outcome: GEL-1.2: Demonstrate college-level communication through the composition of original materials in Standard English. As an assistant researcher in economics, your job is to analyze the impacts of the change in fiscal and monetary policy instruments that accompany the change in economic conditions. When aggregate demand or short-run aggregate supply curve shifts, it causes fluctuations in output (GDP). As a result, policymakers sometimes try to offset these AD and AS curve shifts by using monetary and fiscal policy instruments. With this in mind, address the Assignment questions on the impacts of monetary and fiscal policies on aggregate demand and short-run macroeconomic fluctuations. View the Chapter 21: “If It’s Better to have Higher Output and Lower Unemployment, then Why Doesn’t the Government Use Monetary and Fiscal Policy to Expand Aggregate Demand as Much as Possible?” video and the Chapter 22: “Is there Any Way to Measure “Expected Inflation”?” video. Page 1 of 4 [BU204 | Macroeconomics] 1. Refer to the sets of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves. Use the graphs to explain the process and steps by which each of the following economic scenarios will shift the economy from one long-run macroeconomic equilibrium to another equilibrium. Under each scenario, elaborate the short-run and long-run effects of the shifts in the aggregate demand and aggregate supply curves on the aggregate price level and aggregate output (real GDP). a. Suppose the household wealth decreases due to a decline in the stock market asset prices (see the set of graphs below and pay attention to the 3-stage shifts in graphs). b. Assume the government lowers taxes, which increases the household’s disposable income. However, the government purchases (spending) remains the same (see the set of graphs below and shifts in graphs). 2. Suppose the economy of a hypothetical country has reached its long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs. What kind of gap, inflationary or recessionary gap, will the economy face after the AD shock indicated by the shift in AD curves? What types of fiscal policy instruments will help move the economy back to the potential level of output (real GDP)? Give specific examples. a. At the long-run macroeconomic equilibrium, the stock market boom occurs and this increases the value of stocks households hold (see the set of graphs below and shifts in graphs in the two-steps). Page 2 of 4 [BU204 | Macroeconomics] b. The government increases its purchases (spending) due to natural disasters (see the set of graphs below and shifts in graphs). c. Assume the Central Bank reduces the money supply in the economy which leads to an increase in the interest rates (see the set of graphs below and shifts in graphs). This Assignment deals with how monetary and fiscal policy instruments are utilized to deal with macroeconomic fluctuations in order to achieve long-run macroeconomic equilibrium through changing the aggregate demand (AD) and Aggregate Supply (AS) in the economy (refer to Chapters 21 and 22). Directions for Submitting Your Assignment Before you submit your Assignment, you should save your work on your computer in a location and with a name that you will remember. Make sure your Assignment is in the appropriate format (Microsoft Word), then, when you are ready, you may submit to the Dropbox. Page 3 of 4 [BU204 | Macroeconomics] Unit 9 Assignment: Monetary and Fiscal Policy Applications Content and Analysis Problem 1, Part a Correctly explained short-run effects on the aggregate price level and aggregate output. Correctly explained long-run effects on the aggregate price level and aggregate output. Problem 1, Part b Correctly explained short-run effects on the aggregate price level and aggregate output. Correctly explained long-run effects on the aggregate price level and aggregate output. Problem 2, Part a Correctly identified what kind of gap exists. Points Possible 2 2 2 2 2 Explained what type of monetary policies would help move the economy back to potential output. 2 Explained what type of fiscal policies would help move the economy back to potential output. 2 Problem 2, Part b Correctly identified what kind of gap exists. 2 Explained what type of monetary policies would help move the economy back to potential output. 3 Explained what type of fiscal policies would help move the economy back to potential output. 3 Problem 2, Part c Correctly identified what kind of gap exists. Points Earned 2 Explained what type of monetary policies would help move the economy back to potential output. 3 Explained what type of fiscal policies would help move the economy back to potential output. 3 Writing style, grammar, and APA formatting. 5 Total 35 Page 4 of 4 ...
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Tutor Answer

CristinaP
School: New York University

Attached.

Running head: ORGANIZATIONAL STRUCTURE AND CULTURE

Organizational Structure and Culture
Student’s name
Institution
Date

1

ORGANIZATIONAL STRUCTURE AND CULTURE

2

Consulting Firm Case Study
The organizational structure and the culture adopted by an organization has a significant
effect on the overall performance and commitment of the employees. A sudden change of the
leadership structure and culture of the organization can also have a significant effect on the
performance and commitment of employees. In the case under review, the organizational
structure of the consulting firm can be described as a matrix. In an organization with the matrix
structure, employees usual...

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