Assignment: Groupwork Peer Evaluation
During this age of isolationism, it has become increasingly apparent that a few wish to go it alone and not to interact with others. Social skills need to be honed in order to survive the real world of Business. Some of the best outcomes in the corporate and business environments are developed by teams/boards/panels/task force, etc. Remember, in the counsel of many, there is wisdom; and not only wisdom but making what may seem a daunting task and turning it into an enjoyable experience. In order to prepare for this experience, you will be partaking in Group Projects in this course.
“Where no counsel is, the people fall: but in the multitude of counsellors there is safety” (Prov. 11 14, KJV).
INSTRUCTIONS:
This project requires the Team to apply the concepts and methods learned so far in the course. Due to the demands of this Project, it behooves us to follow Bible wisdom.
The Team paper submission should follow the below stated composition and formatting guidelines; and be composed unto a “Word Document.”
• Title page with a “Running head:” page number (top right), your name, course, date, and an appropriate title.
• Use double space, Arial, and 12pt font.
• Provide a short introduction stating your position.
• Support your position.
• When all is done, give a brief conclusion.
• Upon citing works, add a separate reference page.
The Teams’ APA citations, references and other additions are NOT a part of the word count for the Team’s research paper. The word count should be at least 4,000. If the paper exceeds 6,000 words, a penalty will apply.
ONLY one Captain (no other team members) will submit the Research Paper via the Canvas Assignment manager.
DELIVERABLES:
Respond to the following questions. Please do not write a narrative. Your paper should concisely express salient points of interest for each question in the order denoted.
1. Explain how scarcity and the economy plan a role when shaping economic activity that is the most efficient in the production of goods and services that are most wanted by the consumers? Detail any moral hazards (temptations to compromise morals) involved for consumers.
2. What were the three great paper money inflations of the eighteenth century, and what can be learned from them? Describe.
3. What is the cost of a high unemployment rate? Explain.
4. What role(s) does the entrepreneur serve in the production and service process? Explicate.
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