1. Milton Friedman, in his well-known 1970 article “The Social Responsibility of Business Is to Increase Its Profits,” wrote: [T]he executive is an agent serving the interests of his principal [the shareholders]. If business executives use corporate resources to benefit society they are, in effect, stealing from their share holders instead of serving their interests: “spending someone else’s money…imposing on taxes, on the one hand, and deciding how the tax proceeds shall be spent, on the other.” How would a proponent of the benefit corporation answer this argument?
2. Uber began in San Francisco in 2009; by 2015, its drivers were in 50 countries around the world. Ins some, like Germany and the Netherlands, Uber was officially banned. When drivers were caught violating the Uber ban, the company would pay their fines. Who are the stakeholders in this situation? Is Uber’s practice of paying its drivers fines ethical? In 2016, Uber was assessed an $11.4 million fine for operating a transportation business in Pennsylvania without a license, and continued its operation. Who benefits, and who is hurt by this attitude towards rules and regulations?
3. In 2016, 24 of Philadelphia’s 3,370 cabbies were women, while some 35% of Uber/Lyft drivers are women. Overall, uber claims some 19 percent of it’s drivers are women. Why do you think women are more likely to be participating as drivers in the gig economy?

 

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Mimi has eight books from the Statistics is Fun series. She plans on bringing two of the eight books with her in a road trip. 

(a) How many different ways can the two books be selected? 

(b) Please describe the method used and the reason why it is appropriate for answering the question. Just the answer, without the description and reason, will receive no credit. 

 

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Mimi hires Gigi, a real estate broker, to sell her warehouse. The warehouse burns down before Gigi finds a suitable buyer. In this situation, Gigi is

-Still Mimi’s agent until Mimi’s insurer pays Gigi’s commission

-Still Mimi’s agent until the warehouse is rebuilt

-Still Mimi’s agent for the remainder of the term of the listing agreement

-No longer Mimi’s agent, because the destruction of the warehouse terminated the agency

Jack and Amanda order expensive, engraved wedding invitations from LeChic. When they arrive, the couple discovers that the invitations were engraved on “Greige Vanilla” hand-made paper (beige), rather than on “Arctic White” (pure white), as they had ordered. When jack and Amanda reject the order and refuse to pay for the non-conforming invitations, a court will most likely hold that the color difference in the engraved wedding invitations is

-A material breach which allows Jack and Amanda to cancel the contract

–A minor breach which allows Jack and Amanda only an adjustment in the purchase price for the difference in value between the invitations as ordered and the invitations which were delivered (both papers are the same price so the difference would be $0)

-A material breach which entitles Jack and Amanda to keep the invitations at no cost

-No breach since wedding invitations are frequently printed on both types of paper, and all the information on the invitations is accurate

 

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Min 8s + 3m s.t.50S + 100M ≤ 1,200,000 Funds Available60,000 Annual Income3,000 Units in Money Market0 a. Suppose the risk index for the stock fund (the value of Cs) increases from its current value of 8 to 12. How does the optimal solution change, if at all?b. Suppose the risk index for the money market fund(the value of Cm) increases from its current value of 3 to 3.5. How does the optimal solution change, if at all?c. Suppose Cs increases to 12 and Cm Increases to 3.5. How does the optimal solution change, if at all?

 

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Min of 250 words Consider a highly visible public person in a leadership position. Discuss this individuals

leadership styles/traits in terms of what we have learned from our reading. What characteristics have made this person successful? Since all leaders encounter dissension at some point, what characteristics have helped this person handle conflict and what characteristics have hindered him/her? How could the latter be addressed effectively? Provide example (PDF) that is attached and cite all resources.

Ayman, R., & Korabik, K. (2010). Leadership: Why gender and culture matter. American Psychologist, 65(3), 157–170.  

 

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