Determinants Of a Countrys Culture Assignment Paper
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Determinants Of a Countrys Culture Assignment Paper
1.As financial donations have fallen off in the past year, the Museum of Modern Art is considering ways to increase its total revenue.
- In particular, the museum is considering increasing its admission fee. Under what conditions will an increase in the admission fee lead to an increase in revenues for MOMA? How likely is it that these conditions hold for an organization such as MOMA?
- Economists have determined that the cross-price elasticity between the Guggenheim Museum and the MOMA is 0.5. What does this suggest about the relationship between these two goods? Explain what will happen to attendance at the Guggenheim if the MOMA increases its admission fee from $8 to $12. Be as specific as possible.
- You manage an art museum. The demand for visits to your museum (each year) by the average art enthusiast is depicted below.
X=visits por year
Y=price
(0,25), (5,20), (10,15), (15,10), (20,5), (25,0)
A.You currently charge a $10 entrance fee, per museum visit. How many times a year does your average enthusiast visit your museum? What is the consumer surplus they gain from this?
B.If you were to eliminate your entrance fee (i.e., charge $0 per visit), how many times a year would your average enthusiast come to your museum? What would their consumer surplus be?
- You have considered changing from an entrance fee system to one of membership. With a membership, individuals purchase the membership for the year, paying a one-time fee. They can then visit the museum as many times that year as they like, and pay nothing to get into the museum on each visit. What is the maximum you can charge for that membership?
1.Give a brief definition of globalization. What is the difference between the globalization of markets and the globalization of production? Include an example of each. What are the 2 main drivers of globalization
- The text talked a lot about collectivism and individualism. What do each mean and how does it relate to whether a country leans more to democracy or totalitarianism? Does your case study (Germany) stress the well being of the collective or individualism? Explain.
- Explain what we mean by innovation and entrepreneurship. Why is a market economy more likely to promote both than a totalitarian economy? What is the implication of this fact for economic development? What is the implication of this fact for managers?
4.List and explain at least 3 determinants of a country’s culture. The assigned video for chapter 4: “Culture Series: Cultural Change” indicated there are 4 major factors that bring about cultural change. What are those 4 and briefly discuss 2 of the 4.
5.When we talk about sustainable business practices, what are we talking about?
Determinants Of a Countrys Culture Assignment Paper
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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