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In a presentation, Professor Will Cox shows two news photos published in the wake of Hurricane Katrina. One shows a young black man walking through swirling water holding a carton of soda. The other shows a white couple in similar water, holding a bag of bread. The caption for the photos read, respectively: “A young man walks through chest-deep water after looting a grocery store” and “Two residents wade through chest-deep water after finding bread and soda. Do you think the writers of these captions thought of themselves as racist?

2. Do you think the manager of the Starbucks in Philadelphia thought of herself as racist?

3. Do you think that what happened to Nelson and Robinson would have happened had they been white?

4. What stereotypes were invoked in this case andby whom?

5. How did stereotyping influence and/or frame the situation for the manager? For the police? For bystanders?

6. What is your opinion about Starbucks’ response to the arrest of Nelson and Robinson?

7. Will Starbucks’ training session on implicit bias have a beneficial impact?

8. Studies show that Latinos receive less pain medication than similarly-situated white patients, that elderly women receive fewer life-saving interventions than elderly men, and that obese children are more likely to be assumed by teachers to be less intelligent than siim children. Are these examples of implicit bias?

9. Can you think of examples of implicit blas?

10. Do you think that implicit bias is a serious problem? If so, Isit more serious than explicit bias? O BI cm 6°C Sur
 
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A balanced scorecard (BSC) is one of the most popularly used management tools that provides feedback on both internal business processes and external outcomes to continuously improve strategic performance and results. By bringing together measures around internal processes and external outcomes, a balanced Scorecard supports continuous improvement at the level of strategic performance and results. Kaplan and Norton argued that a strictly financial approach for managing organizations is not complete, as it doesn’t capture the landscape of the business and isn’t an indicator of the future. Evaluating organizational performance in a balanced manner on the parameters that influence your business becomes crucial for better management Create a BSC for your firm (you might disguise the name of the firm due to confidentiality clause, but mention its operations and the industry this belongs to) and mention the key performance measures (2 each perspective), targets, and initiatives for meeting the measures. [24+2=10]
 
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STL Furniture produces three types of chairs: A, B, C. These chairs sell for A=$1,250, B=$800, C=$600. the general manager wants to determine how many chairs to build of each type during the next quarter. Model A required 10 hours to build, while model b requires 7 hours and model C requires 3 hours, the company has 8000 labor hours available, and each hour of labor costs 75 dollars. In order to sell these chairs, the company has to pay a one time licensing fee for the design which is different for each of the models: A=$125, B=$200, C=$100. Develop a linear model with binary variables that can be used to maximize the company’s profit, correctly accounting for fixed costs and staying within resource availabilities.

How many of each chair model should STL Furniture produce?

? 0
B 0
c 2667
 
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Suppose the wage setting curve is given by: W = P(1 – u + z), with z= 1%. and the price setting curve is given by: P= (1 + m)W (a) Suppose m = 5% and z = 1%. What are the equilibrium values of the real wage (w/p) and the natural rate of unemployment (Un)? Comparative statics: (b) Suppose the mark-up increases to 10%, but z remains the same. What are the new equilibrium values of the real wage (w/p) and the natural rate of unemployment (Un)? (c) Suppose the mark-up is once again 5%, but z = 2%, what are the new equilibrium values of the real wage (w/p) and the natural rate of unemployment (un)?
 
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