Managerial Economics/Strategic Analysis Paper
This paper is required to be approximately 4 -6 pages in length, not including the title page and the reference page. No paper should be fewer than 1400 words. Double space your work, cite your work, limit quotes, and edit your work well for spelling, grammar, and punctuation errors. If you have quotes included in your paper, you should have more than 1400 words to compensate. Please make sure you have cited your work properly. Utilize the APA resource material provided in the lessons section of the classroom under course materials.
You should have an understanding of the types of strategic control, the need for balance between rewards, culture, and boundaries, the pros and cons of different organizational structures, the elements of effective leadership, ethics programs, the types of risk a company may take. After reading the articles below, you then can incorporate all of these strategies with the managerial economic impact certain decisions will have on a company.
Read the two articles about managerial economics.
1. Updating Managerial Economics by Thomas P. Egan.
2. Managerial Economics and Management Decisions by C. M. Birch.
Your essay will address these items:
A. The company to write about is Procter & Gamble (Text Case 28, pg C197). This must be original research. In addition to the information in your text, research this company using at least (2) outside scholarly articles. Do not use a website as a reference. Your reference source must have an author. Discuss six selected topics from our studies throughout weeks six and seven (chapters 9 - 12). Discuss these six topics in relation to Procter & Gamble and also incorporate the issue of managerial economics within Procter & Gamble and how the economic situation of today influences the strategic decisions Procter & Gamble is making. Each of the six topics discussed should be in bold print. For example, one topic you may choose may be how your company attains balance between culture, rewards, and boundaries. Another topic may be your company's organizational structure and why they have the structure they have.
Give examples using the terms and concepts in your textbook and your research articles.
B. What is the importance of each of the six topics within Proctor & Gamble?
C. What is the usefulness of understanding this topic in today's corporate structure?
D. How does managerial economics fit into your topic?
TEXTBOOK ACCESS WILL BE PROVIDED UPON ASSIGNMENT OF HOMEWORK.
Paper Format (no abstract is necessary):
Title Page - Include a title page with your name, student number, title of your paper, course number, course name, & date.
Introductory Paragraph - Include an introductory paragraph that states Proctor & Gamble as your company and your six topics and why you selected them.
Font and Spacing - Use Times New Roman 12 pitch font with double-spaced lines.
Length - Write a 4 to 6 page essay not including the title page and citation page. Make sure you have at least 1400 words, not including the title and reference page.
Reference Page - Include all sources including your textbook on a separate reference page. Use references with authors, not websites. All references must have citations within your paper.
Utilize the APA Style for documenting sources. You will need to include at least 2 sources in additional to your textbooks. Finally, remember Wikipedia is NOT a scholarly source.