What is the difference between reported and hidden unemployment?
1. After reviewing the August 2020 Employment Situation” report, please name two measures, such as unemployment rate or jobs created, and how each has improved or declined since February 2020.
2. How may an employer consider a risky candidate for a job as an “option”?
3. Considering the concept of marginal productivity, how might a business decide what its optimal staffing level is?
Post your initial response to the above question(s). Cite your learning resources and external resources (eText, videos, other readings, blogs, etc) to support your response. Be sure to apply the formatting style described for this class.
2.
Please provide 2-3 sentences of your thoughts, commentary or opinion as it relates to Business Strategy on any 1 of the following items and be prepared to discuss during the following class session. Note that you should focus your comment on 1 of the items below; however feel free to incorporate any of the other items into your reply to the extent you think it furthers your point.
1. Wired Magazine Video Feature
How the Tesla Model S is Made
–How the Tesla Model S is Made | Tesla Motors Part 1 (WIRED)
2. Professor Michael E. Porter
The Five Competitive Forces That Shape Strategy
–The Five Competitive Forces That Shape Strategy
3. Professor Jim Hazy
Overview of Strategic Group Mapping
–468 Module 1 External Environment Lecture 3 Strategic Groups
4. PESTLE Analysis Overview–
https://www.youtube.com/watch?v=X4m53nPlxr4
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