Economic way of thinking

Goal
The goal is to make the best decision on what career to pursue is using the Economic Way of Thinking.
Role
You are high school senior and you are faced with a tough choice – choose and pursue a career. You must use
concepts such as scarcity and opportunity costs in your explanation.
Audience
Your diary / Teacher.
Situation
Research your chosen career try to immerse yourself in the choice as much as possible. Research using the
occupational outlook handbook.
Example questions to research:
Are the hours/days suitable?
Are you willing to “Dress the part?”
Are you satisfied with the pay?
How much will the education cost?
Will you have to relocate to find work?
Where is there a college that provides a major applicable to my career?
Performance Tasks
You will record at least five diary entries in which you discuss and research the benefits and costs of each
choice. At the end of the week, you will enter your last diary entry detailing your decision and the opportunity
benefit and cost of that decision.
Standards for Success
You will enter at least five one-paragraph entries. Evidence of the Economic Way of Thinking and terms from
Unit One must be used. Additional citations listed at end of paper required.

Sample Solution

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Case Study: Opening Your New Dunkin’ Donuts Locations

Prior to completing this assignment, review the pertinent sections of Chapter 3. You have been the manager of
a Dunkin’ Donuts store in the Midwest for the past two years. The store is owned by a Dunkin’ Donuts
franchisee who owns 20 other Dunkin’ Donuts locations. Your employer took an employee inventory and
examined all current employees. It has been noted by the owner that you have a highly successful track
record. You have been recognized for doing an exceptional job staffing, leading, training, coaching, and
managing people. You have been recognized for successfully managing all key components of your store and
have successfully managed key business drivers such as cash, profits, growth, asset utilization, and people. In
regards to the metrics that are used to measure their stores for sales, quality, and customer service, your store
is the top performing store in their system.
Congratulations! You have just been promoted to district manager! The Dunkin’ Donuts franchisee sees your
growth potential and the growth potential in your geographic area. The owner now has committed significant
capital and plans to open five new locations over the next two years. You will be given complete autonomy,
authority, and responsibility to structure, staff, and operate these five new locations. You will be playing a key
role in this expansion for growth.
For this assignment, you will prepare a four to five-page paper in which you explain your chosen job design
and organizational design as the new District Manager for Dunkin’ Donuts.
You must organize your paper using the following section headings and include additional section headings as
needed:
Introduction—Provide a well-organized introduction to the paper.
Job Design—Explain your chosen job design including job analysis, job description and job specification.
Organizational Design—Explain why the chosen organizational design was chosen.
Conclusion

Sample Solution

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Civilization

How does historians’ use of the term civilization differ from popular usage? How do you use it?

Sample Solution

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Challenges in China

Read the Closing Case Study, “Subway’s Franchising Challenges in China,” on pp. 426-428. What do you think about Subway’s method and level of compensating its master franchisee and regular franchisees in China? Is the method satisfactory? Is there room for improvement?

page 484 in page 13
textbook
Cavusgil S.T, Rammal H. & Freeman S. (2011) International business: The new realities. Pearson Higher Education AU.

Sample Solution

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