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Delphi and Its Workers in the Wake of Fiscal Crisis
Essay Grade: 88% (584 words, approx. 2 pages)
The nation's largest supplier of mobile electronics and transportation and systems components for the automotive industry, Delphi has had to pursue cuts in the wake of fiscal losses. Delphi has improperly handled this situation with regard to their labor force, as the company demanded major concessions from the UAW and threatened to file for bankruptcy if the union rejected the demand. Rather than make demands to its workers, Delphi needs to seek compromise, as it is the only way for the company to emerge from their fiscal crisis without creating total hostility among its workers.
Does Concentrating Economic Power in the Public Sector Undermine Foundations of Economic Growth?
Essay Grade: 96% (1,903 words, approx. 6 pages)
The concentration of economic growth in the public sector is taken to mean the proportion of the economy that is governed by public ownership in the production of goods and services. Foundations of economic growth refer to the potential for the economy to expand, and hence this would be represented by an outward shift of the Production Possibility Curve. Therefore we shall discuss how a higher proportion of the economy that the government is directly involved in leads to a diminishing potential for future progress of the economy
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