Managerial economics an strategic analysis
This week?s paper is required to be approximately 4 -6 pages in length, not including the title page and the reference page. No paper should be fewer than 1400 words. Double space your work, cite your work, limit quotes, and edit your work well for spelling, grammar, and punctuation errors. If you have quotes included in your paper, you should have more than 1400 words to compensate. Your work will be automatically reviewed by Turnitin upon submission. Please make sure you have cited your work properly. Utilize the APA resource material provided in the lessons section of the classroom under course materials.
After reading chapters 9 & 10 from week 6 and reading chapters 11 & 12 from week 7 you should have an understanding of the types of strategic control, the need for balance between rewards, culture, and boundaries, the pros and cons of different organizational structures, the elements of effective leadership, ethics programs, the types of risk a company may take. After reading the attached articles below, you then can incorporate all of these strategies with the managerial economic impact certain decisions will have on a company.
Read the two articles attached about managerial economics.
Discuss six selected topics from our studies throughout weeks six and seven (chapters 9 ? 12)(HERE THEY ARE: building a strong and effective culture; setting boundaries and constraints; creating an effective structure; creating an ethical organization; staffing to capture value from innovation;; motivating with rewards in incentives; Discuss these six topics in relation to your company and also incorporate the issue of managerial economics within your company and how the economic situation of today influences the strategic decisions your company is making. Each of the six topics discussed should be in bold print. For example, one topic you may choose may be how your company attains balance between culture, rewards, and boundaries. Another topic may be your company?s organizational structure and why they have the structure they have.
Give examples using the terms and concepts in your textbook and your research articles. (Terms to choose from from text:
strategic control,traditional approach to strategic control
informational control,behavioral control,organizational culture
reward system,boundaries and constraints,corporate governance
corporation,agency theory,board of directorsshareholder activism
external governance control mechanisms,market for corporate control,takeover constraint,principal-principal conflicts,expropriation of minority shareholders,business groups,organizational structure,simple organizational structure,functional organizational structure,divisional organizational structure,strategic business unit (SBU) structure,holding company structure,matrix organizational structure,international division structure,geographic-area division structure,worldwide matrix structure,worldwide functional structure,worldwide product division structure,global start-up,boundaryless organizational designs,barrier-free organization,modular organization,virtual organization,horizontal organizational structures,adaptability,alignment,ambidextrous organizational designs,
B. What is the importance of each of the six topics within your company?
C. What is the usefulness of understanding this topic in today’s corporate structure?
D. How does managerial economics fit into your topic?
Paper Format (no abstract is necessary):
-Title Page – Include a title page with your name, student number, title of your paper, course number, course name, & date.
-Introductory Paragraph – Include an introductory paragraph that states your company and your six topics and why you selected them.
-Font and Spacing – Use Times New Roman 12 pitch font with double-spaced lines.
-Length – Write a 4 to 6 page essay not including the title page and citation page. Make sure you have at least 1400 words, not including the title and reference page.
-Reference Page – Include all sources including your textbook on a separate reference page. Use references with authors, not websites. All references must have citations within your paper.
-Utilize the APA Style for documenting sources. You will need to include at least 2 sources in additional to your textbooks.
– Finally, remember Wikipedia is NOT a scholarly source.
Punctuation, essay format (thesis, supporting paragraphs with transition and topic sentences, and summary) grammar and documentation count toward your grade.