Economists studyhow society distributes resources, such as land, labor, raw materials,and machinery, to produce goods and services. They conduct research,collect and analyze data, monitor economic trends, and develop forecastson a wide variety of issues, including energy costs, inflation,interest rates, exchange rates, business cycles, taxes, and employmentlevels, among others. Your task is to work with a small group toresearch and analyze a company from the following list and addresstopics studied in the course so far.STEP 1 Select two organization from the following list:PepsiStaplesHome DepotBest BuyBarnes & NobleDisneyGoogleAppleHersheyBurger KingSTEP 2 Obtain instructor approval of your selection prior to beginning the assignment.STEP 3 Prepare a 700 word paper in which you analyze theselected each company based on information found on their corporate websiteand using reliable third party news sources. Address the following:STEP 4 Identify which type of management system the company uses: Six Sigma,Total Quality Management (TQM), continuous improvement, zero defects,the Quality Management System (QMS), or just-in-time (JIT).Discuss the benefits of the management system used.Discuss the negative aspects of the management system used.Explore and explain what steps the company chosen took to identify their current system.Prepare a recommendation to the company about a change in system; explaining how a change would benefit the company.Discuss the ethical aspects of the systems used. Are they ethically sound? Why or why not?
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Economists studyhow society distributes resources, such as l
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