Fall2011-ECO202-mod1-slp-BuckmireR

Fall2011-ECO202-mod1-slp-BuckmireR - Rodney D. Buckmire...

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Rodney D. Buckmire ECON 202 SLP Module 1 Dr. Kernodle 1. Identify and briefly describe the organization you are going to use. Why do you think it will be an interesting focus for your application of economic ideas? 2. Pick two of the Big Ideas referred to in the PowerPoint presentation below. Discuss how they apply to your organization. Think about the financial situation for your reference organization. If you're using an unconventional organization, you may have to get a little creative here. 3. Assess the overall financial health of your organization? What are good and bad signs, if any, in your assessment? Measures of financial health may include sales and/or profit increases or decreases, if employees are being hired or laid off, major new orders being placed or orders being cancelled. These are some but not all measures that could be looked at but if you are using an unconventional organization, you may have to get a little creative here. 4. To what extent is your organization's financial health affected by either fiscal or monetary policy (pick one)? Please give at least one specific example.
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The Case of Boeing Boeing a leader in airplane manufacturing has been a recognized name in the American economy for decades. This year, Boeing despite the terrible state of the economy expanded to build a new production facility in South Carolina. The decision came after a long battle with the machinist unions in Washington where the company is headquartered. The decision was in made to build in South Carolina and they did. The National Labor Relations Board filed a complaint in April against Boeing. “In its complaint, the labor board said that Boeing’s decision to transfer a second production line for its new 787 Dreamliner passenger plane to South Carolina was motivated by an unlawful desire to retaliate against union workers for their past strikes in Washington and to discourage future strikes” (Greenhouse, 2011). Boeing however contests stating, “Those discussions ended with Boeing unable to reach agreement with union leadership
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Fall2011-ECO202-mod1-slp-BuckmireR - Rodney D. Buckmire...

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