Monetary and fiscal policy Essay Example | Topics and Well Written Essays - 1000 words

Monetary and fiscal policy - Essay Example Through tax cuts, my firm will save very many jobs that previously would have been lost. When utilized, tax cuts save many jobs and this in return helps in saving the economy from taking major shots. Because a firm like mine is not a popular decision at the time tax cuts were available, when the distribution of tax cuts are fair to deserving companies, history proves that they end up being the best (Shiller, 2008). I am sure on this one and I have to admit. Yes, tax cuts have effects with the major one being saving jobs. But the question that keeps coming on my mind is do such firms like mine get fat checks with only those in high ranks getting rich while the person with a low rank in the food chain continues to struggle. This makes me think that the government should take time and look at the financials of companies it plans to bail out for the purposes of looking and seeing whether it might cut the fat. This does not seem to have an impact and effect but as an owner of my firm, I k now well the effects that imposing tax cuts on all household goods can have. This in short is bailing a company out and the effects start from within where employees can even get an increase in pay (Shiller, 2008). 2 In the past few years, the government has had an important role in "bailing out" certain industries. This is a type of government spending. This government bailout affected my firm directly since the promises that the codes give are to uphold the regulations of businesses, to act with transparent facts, without malice, and with reasonable care that will suffer from any pressure coming from third parties. Business freedom demonstrated to the second party auditors that are independent is what the corporation cherishes (Shiller, 2008). Unless dully authorized, the bailout codes of ethics bring the employees tight together to maintain the corporation’s confidentiality, which is vital. Another promise is ensuring all employees have exceptional quality communication fl ow and regularly to update the government on any financial matter that comes up in the business. It adheres to everything it says and follows it to the letter.In the recent past, economists do not have trust in government bailouts in terms of the nation’s well being. They have been proposing for alternative measures like the profits giving reasons why bailouts are not good enough. Below are their outlined reasons (Shiller, 2008). A bailout leaves out many goods by only counting money transactions. There are many disregarded important parts of the economy. For example, most household tasks like caring for the children and the elderly, cleaning and general home maintenance, preparation of food and voluntary services do not get into account. During the calculations, bailouts zero rates all these activities assuming they do contribute anything to the economy. This alone contributes a lot to distorted policies of the public. In cases where family act gets criticism of bailouts red uction, the denigrations are baseless because it does not reflect the increments in many economies of the household initiated by the act (Shiller, 2008). A bailout takes care of all dealings as positive. Government bailouts

Fundamentals of Decision Support Essay Example | Topics and Well Written Essays - 1000 words

Fundamentals of Decision Support - Essay Example Decisions are required when managers handle a situation with two or more alternative courses of action. To select the right course of action, the manager must analyze all the relevant information available. Information with no monetary figure requires a qualitative decision. Quantitative decisions, like in this scenario, are accompanied by measurable information mostly in financial figures. A quantitative decision problem is made up of six components. Decision problems involving two or more variables are a common occurrence when managing a business. A high number of variables increase the level of complexity of the decision to be made. All variables have to be considered when making such decisions. There are methods used to analyze a decision problem. Common decision problem analysis methods include the simplex method and cost- volume- profit technique. Computer programs have also been developed to aid in the decision-making. The computer decision support software includes DecisionPro and Microsoft Excel (Brandimarte, 2012).  £12 per unit. Product 2 has a profit margin of  £16 per unit. The setup cost for manufacturing facilities required to produce the two products also vary. Product 1 production facility installation cost is  £45000 while for product 2 the setup cost for its production facility is  £76000. The company has two factories capable of producing the two products. The rate of production of the two factories varies. Factory 1 can produce 52 units of product 1 per hour and 38 units of product 2 per hour. Factory 2 can produce 42 units of product 1 per hour and 23 units of product 2 per hour. Factory 1 has 480 hours available for production of the two products. Factory 2 has 720 hours available for production of the two products. The aim of this solution is to optimize the profits the company will derive from producing the two products with the limited resources the company has. The constraints, in