Respond to classmate’s answers
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Respond to classmate’s answers
Description
Make sure to respond to each of them. Try to include any relevant microeconomic concepts or thinking as derived from your readings. Thank you!!
#1: Global coffee and competition.
Starbucks knows the market. This allows Starbucks to maintain a comparative advantage in China, although competitors have their own advantages, Starbucks easily adapts and markets products and services effectively. The stores are placed in highly trafficked areas of wealth and high demand, leading to large crowds of groups gathering in this hangout spot between work and home. Starbucks strategically alters menu items and store layouts according to geographical store location. Although sales had a 2-percent drop in recent years due to failure to adopt local technologies such as delivery, they drastically improved delivery technologies and are now excelling among their strong competitor, Luckin. This is all thanks to their ability to adapt and innovate to become uniform with whatever demographic they are trying to appeal to, while still being able to standout with high quality products and service.
#2: How high can Tariffs rise?
Initially, I don’t think that this economic initiative will show success. As stated in the article, the 25% increase would begin to cost the average household $770 more annually. This is because, China cannot simply afford to take on increased tariffs on their exports unless they increase their selling price promptly. As stated in the article, “You can’t have a 25% increase and not have an effect on retail prices,” said Stephen Kellogg. I believe the fundamental goal that may be reached is spending less money to support an economy in a different country, and eventually turning inward and beginning to manufacturing more products locally. America is severely dependent on the manufacturers stationed in China, most household items that surround you were imported from China. America is supporting their economy which is costing us now. The raised tariffs essentially is passing on costs to consumers. Another contributor also added, “The desire to not be dependent on China is here to stay,” said Thomas Baert, a CFL co-owner. I believe Donald Trump’s goal here is for Americans to begin shopping locally and supporting America’s own economy. Slowly but surely, the increase of tariffs on Chinese imports may very well achieve this.
#3: France and Free Markets!
Free market provides the competition between companies and companies. It leads to the diverse options for consumer to shop with multiply choices. While EU free market is more popular and development, US free market is shrunk and undeveloped. No wonder why US cellphone plans or airfares is less expensive than EU cost for 2 decades. US began to create more competition in their market in a good sign. However, it is not an optimistic way to go. Based on the article, Democrats and Republicans still have the viewpoint of anti- monopoly power. I think U.S somehow is prefer “merger” more than “ competition”. Since, Antitrust doctrine is still surround. Justice Department in charge of controlling cellphone business and it is difficult to down cellphone plan cost. In contrast, French’s billionaire supports great offer for cellphone lines with limited data in Free Market. In my viewpoint, it’s a struggling way for U.S. in creating competition when U.S still having a limited market.
Respond to classmate’s answers
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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