The Mercantilist Economic Theory

What is the mercantilist economic theory? Explain what mercantilists understood as wealth. What are the implications for this perception of wealth when it comes to things like trade, and the acquisition of goods for trade? From the two short reading excerpts provided in module 9, explain the economic justifications provided by the pro-slavery lobby for the continuation of the practice. Since sugar was the commodity produced by the Caribbean plantations and it was a commodity in great demand in Europe, could we argue that Caribbean slave plantation systems were promoted and protected by the European states partially as a result of mercantilist beliefs (you need to basically connect, sugar, mercantilism, slavery…)

To avoid having you drift off-topic, I have devised a series of questions that will hopefully make sure you are on track. If you have completed the essay you can use these as a checklist.The Mercantilist Economic Theory

1- What are the basic economic principles/features of Mercantilism? What did it recommend a government do? Use our lecture on mercantilism to answer this question and define mercantilism very clearly. Make sure that you highlight how mercantilist measured wealth.

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Do not turn this into a discussion about the place of the colonies in the mercantilist system (that is a different issue outside of our scope.)

2- Once you have spelled out the basic economic features of mercantilism, consider the following questions: Where the sugar colonies profitable? Did they add to a nation’s wealth? You can use lecture as well as assigned readings to answer this and to find evidence and numbers.

3-If sugar is a valuable and sought-after commodity, what happens if a nation does not produce its own, but has to import it?

4-Starting with the Portuguese what model of sugar plantations had they established that had proven to be very profitable? In the planters’ minds were there alternatives different from slavery to get the labor force that plantations needed? Why did they consider African slaves the ideal workforce for these plantations?

Make sure that your thesis statement clearly makes an argument for a connection between mercantilism, sugar and the acceptance of slavery as, at the very least, a necessity.The Mercantilist Economic Theory

As always be sure to cite and quote, and for the love of all that you hold dear, do submit unoriginal work, you will most likely be caught and accordingly sanctioned!

Instructions:

Your essay should be no longer than 4 pages. Use 12 point script and please double space. Please utilize normal pre-set (1 inch) margins.

When citing the material, especially when using direct quotes, please use footnote citations. (In Word go to References and Footnote and then type your source information.) Works cited page is not a substitute for footnotes. If you need guidance or help with this please do not hesitate to come to visit with me or the TA’s.

Use Chicago Manual of Style for referencing. You can find brief guides readily available online.

Please use your textbook, your notes and the Wilberforce article for this essay. Do not use outside sources.

Be sure to edit your work for spelling and grammar mistakes as well as organization and clarity.The Mercantilist Economic Theory

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Operations & Supply chain management

Company Background:

The Bruynzeel Company was created in the Netherlands in 1897 and specialized in carpentry, wooden floors and shipbuilding. In 1937 it also began to manufacture kitchens. In 1982, when it went bankrupt, Bruynzeel Keukens BV was created and began to compete in the low- and medium-range kitchen market in the Netherlands.Operations & Supply chain management

In 2004 sales reached nearly €108 million and were expected to grow by 12% (in value) for 2005. The company had almost 500 employees, 350 of whom worked in production and order administration. Most of its turnover was made in the business-to-business (construction market) and the remainder in retail.

Bruynzeel’s success was based on three key factors: The first was excellent brand recognition in the Netherlands — 93% of Dutch customers were familiar with the brand; the second was the trust given by the construction industry — Bruynzeel was the market leader in the Dutch construction market in 2004; and finally, a proven the track record for the quality, reliability and performance of its kitchens.

Dutch Kitchen Industry

After a period of consolidation in the Dutch kitchen market, by 2005 only three main national manufacturers remained. Bruynzeel was the market leader with a market share of 23% in volume and the second player was half its size. At the time, the Dutch kitchen industry was exporting €300 million to Germany and in turn, German manufacturers were exporting about the same volume to the Netherlands, Wit only. 20 kitchen factories in the country, competition sourced some of its production from one of the 180 active German factories.

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With about 2,000 stores, the Dutch kitchen market was saturated and Bruynzeel’s management wanted to expand sales outside the Netherlands. Being the Dutch market leader was no longer sufficient, judging from the concentration of ‘manufacturers in the European market, it was becoming apparent that the company’s long-term survival and its independence relied upon its capacity to grow.

Bruynzeel’s first attempt to go international was exporting just over the border to Belgium, less than 10 km from its plant. Belgium’s market characteristics were different enough from those of the Netherlands to enable Bruynzeel to have a good first export experience. Unlike the Dutch market, the Belgium market was still very fragmented.Operations & Supply chain management

GUIDELINES TO SUCCESSFULLY TACKLE THE BRUYNZEEL KEUKENS (BK) CASE
1. The development of the retail market is bringing BK some new priorities:

• Shorter order-to-delivery cycles
• Higher service levels (after sales, guarantees)
• Higher product customization
• Smaller production batches
• Specify such new priorities

2. The previous organizational model ʹ which was built around the needs of the construction market

• has to be adapted to the new market. The major changes will affect:
• Production system (MTO, MTS and their alternatives)
• The overall complexity of the offered range (number of variants and codes)
• Product innovation and product development process
• Do you think there are compatibility ʹ even from an organizational point of view ʹ between the needs and logic of the construction channel and the retail channel?

3. More in general, BK should rethink its value chain, and identify its core vs. non-core activities/processes. What are your considerations in this respect?

4. The supply network must be rationalized, through the reduction of its size (overall number of suppliers) and an overall review of existing relationships, following the guidelines of the Kraljic matrix. Key issues to consider are type and degree of integration with suppliers, multiple vs. single sourcing, length of conƚracƚs͕ ƚLJpes of ǀendor raƚing͙ Hoǁ ǁoƵld LJoƵ cope ǁiƚh ƚhese issues. Operations & Supply chain management

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Finance for Strategic Decision Making

Task Details:

Choose any private or public company and obtain the financial statements or annual reports for two years. Some of the annual reports will be over a hundred pages long, do not be daunted by this. Only a small amount of information from these reports will be required for this assignment.

Go to the contents page of the annual report and see the pages that the financial statements are located at. Skip to these pages and print the Income Statement and the Balance Sheet (known also as the Statement of Financial Position). Add these pages to your assignment. These are the only pages, which will need to be added to the annual report.

The analysis is to be done on EXCEL. You should first copy the data from Income Statement and the Balance Sheet into EXCEL and then perform the analysis. Finance for Strategic Decision Making

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Perform the following tasks listed below:

1. Apply the ratios as per slides to the Income Statement and the Balance Sheet (Statement of Financial Position) over 2 years. You may want to find the financial ratios from the following headings:

• Profitability
• Efficiency
• Liquidity
• Financial Strength/ Gearing
• Investment

(You may use other RELEVANT ratios)

2. Compare and contrast the financial ratios for the company from the point of view of any two stakeholders (example: shareholders, bank, suppliers, customers, etc.).
3. Research the company on their website, use articles from the national print media, in your own words, give an overview of the business activities and financial performance of the company, and also summarizes with reference to the past performance what you think the future holds (future performance) for the company and if they may need to make contingency plans for future shocks.
4. Written Report, Appendix and Bibliography

Finance for Strategic Decision Making

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Organizational Behavior and Ethics Field Study essay

Organizational Behavior and Ethics Field Study

The OB and E Field Study requires student to engage in the investigation of an actual organization. Deep reading and critical thinking of the course readings are an essential starting point. For there, students, facilitated by the instructor, generate questions from these course readings for the purposes of then taking them into the field and testing the course concepts in practice, i.e., the applied setting. This examination is done through gathering data through interviews and observations done on-site and electronically. Contemporaneously, data collection and analysis will result in working conclusions about theory and practice in the context of the organization under your analysis. Herein lies the critical element of this assignment (and course) – the integration of theory and practice. It is important to leverage any contacts you may have in the area who would be willing to participate in helping you with this project. It is generally helpful to have a manager in Human Resources, or a manager in general, who deals with these areas of organizational behavior and ethics.

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The OB and Field Study is a project that requires coordination and collaboration of student effort to analyze an actual organization, applying the concepts explored each week throughout the semester. students, are responsible for the collection of data through interview and other research (website, library). The areas to be examined directly correspond to the conceptual framework explored in this course:Organizational Behavior and Ethics Field Study

1. Motivation and Performance
2. Interpersonal and Group Behavior (Team Dynamics)
3. Leadership and Power
4. Organizations, Work Processes, and People
5. Organizational Change and Development
6. Ethics and Ethical Decision-making

4

7. Sustainability and Social Responsibility

These major OB and E Concepts provide the structure or outline of the OB and E Field Study.

The final deliverable items that culminate this project are:

(1) A written, professional Organizational Behavior and Ethics Field Study of your organization, examined through the above conceptual framework (10-12 pages, excluding Cover Page, Table of Contents, Exhibits, Works Cited). Organizational Behavior and Ethics Field Study essay

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