Free Essay

Unit 4 Microeconomics

In: Business and Management

Submitted By JayWill32
Words 359
Pages 2
| [Company Name] |
Memo
To: | Whom It May Concern | From: | Latanya Williams | cc: | [Name] | Date: | December 6, 2015 | Re: | Emissions Taxes to Reduce Pollution and Emissions | | | Emissions taxes are taxes that can provide benefits in reducing emission levels of companies. This tax is a type of Pigouvian tax that relies heavily on the amount of pollution a business emits. Due to this, the more pollution a company emits, the higher the tax the company has to pay. I think the emissions policy I’ve chosen would be the greatest for lowering the total amount of emissions because companies wouldn’t want to pay that high cost of taxes for just pollution. Moving on, emissions taxes let the company choose whether they want to run a clean, efficient business or pay the high cost of emissions taxes for their pollution. In addition to this, the taxes would need a lump sum of money out of the total revenue that a company makes to cover the costs of pollution.
The costs of emissions would really depend on the amount of pollution that a company emits. The cost would be low for a company who gives out low emission levels and is very efficient, and, on the other hand, it would be higher for a business that emits large amounts of pollution. This policy of emissions taxes would include several benefits such as working to aid in the decrease of emissions rates and kind of limit the amount of pollution a company emits. This decrease in emissions would happen because the taxes and costs for the pollution levels would be too high of a cost for how much pollution a company emits.
To determine the best level of reduction in emissions, I would research data and statistics having to do with the emissions levels according to each emission reduction type. Adding on to that, I would conduct an experiment and direct each policy for three different municipalities/communities, and I would analyze the results after one year on all three municipalities and determine which policy had the lowest pollution rate from my data.

References List
1.”Microeconomics”, Editorial Board, Words Of Wisdom, LLC, 2014…...

Similar Documents

Free Essay

Aiu Microeconomics Unit 4 Ip

...tax on polluters. (WordIQ, 2012). Another way the government can control the amount of emissions is to directly tax the pollution. This is referred to as the standards-charge approach. The government will establish a level of pollution it believes is appropriate and will charge a fine to the company for each unit it is above the allotted amount. (Crandell, n.d.). There are many benefits from reducing pollution, but the most notable are by reducing pollutants in our air, the environment would be much cleaner and ecosystems would be healthier by lowering the greenhouse gasses. In addition, the health of the individuals would benefit by having cleaner air to breath. The cost of reducing pollution will always result in some sort of loss involved, both to the government imposing fines and taxes and to the companies. If the taxes are levied, naturally companies will find ways to reduce costs by laying-off employees or by sending jobs elsewhere, for example, to a foreign country. References Crandall, R. (n.d.). Pollution controls. The Concise Encyclopedia of Economics. Retrieved from www.econlib.org. Krugman & Wells. (2011). Microeconomics. (2nd. Ed). New York: Worth Publishers. WordIQ. (2012). Pigouvian tax. Retrieved from www.wordiq.com. \...

Words: 414 - Pages: 2

Premium Essay

Unit 4

...Unit 4 Assignment 1 1. Read the following article Agans, R., & Shaffer, L. (1994). The hindsight bias: The role of the availability heuristic and perceived risk. Basic and Applied Social Psychology, 15(4), 439-449. “ This article can be located by using the Kaplan Online Library article search feature. Click here to access the Kaplan Library. You may also access the Kaplan Library by following these instructions: 1. Click the Academic Tools tab 2. Click Online Library. 3. Log in to your account 2. Read the narrative for Exercise 11-38 – found on page 459 in your textbook. Assume that you are a business consultant hired to advise Earth Baby, Inc. (EBI) on the proposed venture from Great Deal, Inc. (GDI). Your task is to analyze the proposal and make a recommendation to either accept or reject it. Your analysis must include critical thinking and analysis supported by evidence using independent references. Your analysis must also include any biases that might be relevant to the proposal. The analysis must be Word document, 2 to 2 and ½ pages long, not including the Title Page and Reference List. The analysis must be presented in proper APA, 6th Edition formatting, including a Title Page with properly formatted Running head. A “Conclusion” section is also 11-38 Special Order Earth Baby Inc. (EBI) recently celebrated its tenth anniversary. The company produces organic baby products for health-conscious parents. These products......

Words: 969 - Pages: 4

Premium Essay

Unit 4

...BTEC NATIONAL DIPLOMA IN BUSINESS Marketing Principles Report: marketing process introduction: Marketing process The process of (1) analyzing marketing opportunities; (2) selecting target markets; (3) developing the marketing mix; and (4) managing the marketing effort. Marketing strategy The marketing logic by which the business unit hopes to achieve its marketing objectives. Marketing research The systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization. Introduction This discusses the details of marketing principles and this assignment has considered Coca cola, a company which is in the soft drinks industry as the base. This includes evaluation of benefits and costs of a company being market oriented and the deviation from its core activities. Further this discusses the micro and macro factors that affect Coca cola and how the marketing decisions should be taken considering these factors. The segmentation aspect which is adopted in Coca cola is discussed here. And effective strategies adopted in a company lead the company to achieve competitive advantage is been highlighted in this assignment. Further Targeting strategies, buyer behaviours that impact Coca cola is been discussed along with proposition for new positioning of the beverages of Coca cola. The distribution also plays a major part in a company’s marketing activities.......

Words: 369 - Pages: 2

Free Essay

Ab224 Microeconomics/ Unit 1

...Course Number AB224 Section Number 1 Unit Number 1 One important thing you should know, when it comes to “business etiquette,” you must take it serious and be professional in that area. “…Proper etiquette sets a tone for clients and customers that the business has a productive and successful environment, and the impression created when everyone displays professional manners helps the company's profitability” (Mooney,2013) Office decoration One thing to know is “what to bring and how much you should have in your work area. You as employees should know all kind of items shouldnot be on your desk. For the simple fact, the desk is needed for all important things (paper, books, pens, and pc) that are involve your job duties. Therefore; that area need to stay free from unnecessary thing, For instance your personal pad, mp3 player. It should be a limit and certain items that an employee can bring to work. For the simple fact, you at work therefore; your work area shouldnot look like an area (dresser) at home, For instance; personal items. I think we as peoples take it to the extreme sometimes because we have some kind of authorities at work (management). There is expectation that every job look for in employees so that means everyone have rules to follow no matter if you are a manager or a regular employee. Things that shouldnot be viewable or brought to work is fingernail polish, deodorant, perfume, and lotion, those are personal items that should be use before coming to......

Words: 432 - Pages: 2

Free Essay

Unit 4

...Deborah Rodriguez April 22, 2014 Social Security & Disability Seminar Assignment Unit 4 In unit four, we learned about the attorney fees that came up with our assignment. There are two main sources of attorney’s fees in Social Security cases. Most awards by far are paid by the claimant, usually out of past-due benefits. Another source of fees is the Equal Access to Justice Act (EAJA), a federal fee-shifting statute. For the most part, attorney’s fees for OASDI and SSI claims are governed by the same or similar rules. Many of the same rules apply also to non-attorney representatives. Attorney’s fees paid out of the claimant’s benefits are regulated by statute and regulations. Fees for claims resolved within SSA are authorized at the administrative level where the final decision is reached. Thus, administrative law judges approve fees in cases where a favorable hearing decision was issued, and the Appeals Council authorizes fees in cases decided finally only by the Appeals Council. The representative must file a request for fees in writing, which must include a list of services performed, the amount of the fee, and any expenses incurred. SSA considers a number of factors when evaluating a representative’s request for fees, including the type and amount of services performed, the difficulty of the case (including the skill required of the representative), and the results achieved. Although the amount of benefits received is taken into consideration, it does...

Words: 344 - Pages: 2

Premium Essay

Unit 4

...Unit 1 - Task 4 Assessment Criteria: P6 - describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. M3 - analyse how political, legal and social factors have impacted on the two contrasting organisations. This task will require some research. Apply to both organisations What to include: Political – explain 2 of the following and their impact on a business activity (i.e. recruitment, transport of goods, product design, promotion of products, etc.) and 2 stakeholders: Examples can be:  VAT increase 17.5% to 20%  changes to the minimum wage  improvement in infrastructure  apprenticeship programs and other training programs  political stability  government support for different types of organisations e.g. private, voluntary, public  level and types of taxation  government grants  improving transport links  improving education and skills of the population  membership of the EU  support from organisations set up to support businesses e.g. Business Link Legal – explain 2 of the following and their impact on a business activity and 2 stakeholders: Examples can be:  Trade Description Act  Equality Act  Equal Pay Act  dishonest advertising competition law  Company Law – ensure fair and honest trading  Protection for consumers and employees ...

Words: 267 - Pages: 2

Premium Essay

Unit 4

...Unit 4 Homework 1. What are the five advantages and disadvantages of using global variables? Advantages * It is accessible to all modules in a program * You only have to declare it once outside the modules * It is good to use it for constants you want to keep consistent * It simplifies maintenance, avoids duplication of local constants * It can make a program easier to read in reference to constants Disadvantages * It makes debugging difficult * If modules use global variables it is dependent upon the module and if other modules are presented you have to redesign all over each time. * Any statement in a program can change the variable * It makes a program hard to understand since it can be modified and have to be aware of all other parts of the program that access it. * Global variables are not willing direct into flowcharts 2. How can you declare global and local variables in flowcharts? * Global variables are displayed in pseudo code but not in flowcharts directly In order to declare global variables in a flowchart, you’d put that variable in the main part of the program (the main box where other functions will branch off from) for local variables, you’d put those variables in the box where each separate functions executed. 3. What is the main difference between global and local variables? * A global variable applies to the entire application you are writing as for a local variable it could only apply for the section you are......

Words: 292 - Pages: 2

Premium Essay

Unit 4

...Unit 16: Human Resource Management in Business (10 Credits) Assessment Sheet Name: ……………………………………………………………………………… | | | | | |Assessment Criteria |Achieved | | | | | |Pass 1 |Describe the internal and external factors to consider when planning the human resource | | | |requirements of an organisation | | | | | | |Pass 2 |Describe how the skills that employees require to carry out jobs in an organisation are | | | |identified | | | | | | |Pass 3 |Outline how an organisation motivates it’s employees | | | | ...

Words: 1556 - Pages: 7

Premium Essay

Microeconomics Unit 8 Assignment

...AB224 Unit 8 Assignment Template: Name: - Course Number: - AB224 Section Number: - 3 Unit Number: - 8 Date: - August 3, 2014 ---------------------------------- General Instructions for all Assignments----------------------------------- 1. Unless specified differently by your course instructor, save this assignment template to your computer with the following file naming format: Course number_section number_LAST_FIRST_ unit number 2. At the top of the template, insert the appropriate information: Your Name, Course Number, Section Number and Date 3. Insert your answers below, or in the appropriate space provided for in the question. Your answers should follow the APA format with citations to your sources and, at the bottom of your last page, a list of references. Your answers should also be in Standard English with correct spelling, punctuation, grammar, and style (double spaced, in Times New Roman, 12-point, black font). Respond to questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. 4. Provide a list of references at the end of the last page of your assignment. 5. Upload the completed assignment to the appropriate dropbox. 6. Any questions about the assignment, or format questions, should be directed to your course instructor. ------------------------------------------- Career Competencies ----------------------------------------- In this assignment,......

Words: 781 - Pages: 4

Premium Essay

Unit 4

...AB140-04: Intro to Management Unit 4 Assignment Matthew Barnett I think creating a new position between the CEO and the location managers would help grow the business. I think this would give the managers at the locations a direct person more accessible to speak with about the business. I think it’s important to promote within to fill this position. This was there is already someone who knows the business and won’t be starting from scratch. Promoting within makes current employees more hopeful for future opportunities and the current employees are already comfortable with this person being promoted. I think all management currently in place should have a say so in the decision making of who will be the person they are reporting to under the CEO. This is important so everyone feels like their voice is being heard. You don’t want to step on peoples toes and create animosity between managers and upper management for no reason. I think that a supervisory leadership, strategic leadership and power have all been created. This new position would encompass all three. They would have to provide guidance, support and corrective feedback. They would also have to anticipate and envision the outcome for a stronger future for the business. They would also have to show a form of power by making the hard decisions and decide what is important to bring to the CEO and what he and/or she would be able to control themselves. This would be showing legitimate power and reward power. Thy...

Words: 272 - Pages: 2

Premium Essay

Unit 4

...Running Head: Managing Talent Case Study MT203- 01 Unit 4 Assignment Human Resource and Management October 19, 2015 Professor Maria Minor 1. What conclusions can you draw about the supply of and demand for labor at Yahoo? The conclusion about the supply would be for Yahoo to try to continue to do what they were doing when the old internet of Yahoo when business was booming but little twist to getting involved in the new internet. The twist of getting the new internet into their business would be the demand of their supply. Something that can attract the new generation especially since it’s all about the internet and the new technology. I also think that Yahoo should partner with other investors that will help advertise their business. Example would be like Samsung and Amazon Fire use google or have the google app already on their devices. So going into business with another company/investor can also help them as well. 2. What actions might Yahoo take to strengthen its internal recruiting? How might these efforts support Yahoo’s corporate strategy? Some actions that yahoo can take to strengthen its internal recruiting would be to advance in careers and to have the employees share their ideas. It states that Yahoo is seeking pathways for growth so since the employees already have an idea of what the company is expecting or may need; maybe promoting someone into office and having them share their ideas on what the company needs can strengthen the company...

Words: 546 - Pages: 3

Premium Essay

Unit 4

...it 4 as1PAUL LILLY TEREASA KATYNSKI UNIT 4 STUDY 1 Overcoming the perils of Canoe Lake * Describe the general structure of skin Epidermis, and Dermis The epidermis is the relatively thin, tough, outer layer of the skin. Most of the cells in the epidermis are keratinocytes. They originate from cells in the deepest layer of the epidermis called the basal layer. New keratinocytes slowly migrate up toward the surface of the epidermis. Once the keratinocytes reach the skin surface, they are gradually shed and are replaced by newer cells pushed up from below. The outermost portion of the epidermis, known as the stratum corneum, is relatively waterproof and, when undamaged, prevents most bacteria, viruses, and other foreign substances from entering the body. The epidermis also protects the internal organs, muscles, nerves, and blood vessels against trauma. In certain areas of the body that require greater protection the outer keratin layer of the epidermis is much thicker. Scattered throughout the basal layer of the epidermis are cells called melanocytes, which produce the pigment melanin, one of the main contributors to skin color. Melanin's primary function, however, is to filter out ultraviolet radiation from sunlight which damages DNA, resulting in numerous harmful effects, including skin cancer. The epidermis also contains Langerhans cells, which are part of the skin's immune system. Although these cells help detect foreign substances and defend the body......

Words: 555 - Pages: 3

Premium Essay

Unit 4 Assignment 4

...Unit 4 Assignment 4 Non- electronic communication involves the distribution of a message usually in the form of: Reports, Letters, Flow Charts, Invoices and even Verbal Communication amongst employees. This form of communicating is not as popular as it once was, but it provides businesses with other avenues to communicate instead of electronic communication. Furthermore, different types of communication suit contrasting businesses in addition to, the preference of people involved within a business. What Is Non- Electronic Communication? Electronic and Non- Electronic Sources of Business Information Sources of business information can come in a variety of different forms which include: Newspapers, Websites, Books, Posters, Directories, Databases, Government Statistics and so forth. Business information is basically information gathered of relevance to a business and its environment. Businesses use different sources of information as a way of understanding the markets they entering into, their competitors and how the company can grow. Moreover, different sources of business information serve contrasting purposes. Firstly, electronic communication involves the use of technology to distribute a particular message across. Examples of electronic communication include: the use of Mobile Devices, Video conferencing, Twitter, Facebook and other Social Media Websites, as well as, Electronic Mail. This is an effective way of communicating in a business environment as it is cost......

Words: 665 - Pages: 3

Premium Essay

Unit 4

...Unit 4 “Calgon, Take Me Away” Larry Fiegle BUS 620 Tina Haller May, 20, 2012 “Calgon Take Me Away” My paper is going to be on Calgon and their famous advertising slogan, “Calgon, take me away”. This slogan has always been popular in my home especially during stressful times when I feel like I need a break from my busy stressful day and need time to myself. For over 50 years, Calgon has been dedicated to creating uniquely exhilarating bath and body experiences that make people feel good. The meaning of “Calgon take me away” was put in place because the product, Calgon restores the spirit and takes you on a special fragrant journey to a place you want to be. Calgon has always been about taking you away on your journey. (Our story) I believe Calgon does differentiate their product from the competitor’s product. Their name is mentioned in the famous slogan and they mention the journey that all the different fragrances that Calgon has taken you on. Their ad also comments on the way their product makes your skin feel. Another popular slogan they use is “love the skin you’re in”. They use this slogan because they believe their product makes your skin feel soft and nice unlike their competitors. (Our story) I believe all competitors mention their fragrances and they all believe they have the best product ever but Calgon also mentions their fragrances and they believe their fragrances will relax you and take you away. The market segments targeted in......

Words: 682 - Pages: 3

Premium Essay

Unit 4

...Assignment Instructions Unit: 4 Instructions: This week's Assignment consists of reading a scenario about Sandwich Blitz, Inc., and responding to four questions. Dalman and Lei have discussed two possible avenues to grow and expand Sandwich Blitz, Inc. One possible strategy would be to franchise locations. Another strategy would be to secure venture capital to finance an internal expansion by opening more company-owned shops. Dalman feels that he just doesn’t have time to investigate these options because he is spending an increasing amount of his time assisting the location managers. Lei noted that two of the location managers had exhibited a lot of skill in the management of their locations and perhaps a new position could be added to coordinate with the location managers. This would free Dalman to work on these larger issues. After reading the scenario above and your assigned readings in the textbook, paying particular attention to the section on authority, respond to the following questions: (Please number your responses 1 – 4 according to the four questions) 1. How would creating a new position between the CEO and the location managers help the business to grow? 2. Is promoting an existing manager the best option to fill this position? If not, what is an alternative source to fill the position? 3. Who within the company should make these decisions? 4. List the levels of authority (management) that Sandwich Blitz, Inc. would have if the new position is created. To......

Words: 513 - Pages: 3