ECO202 Module 1 SLP
1. Identify and briefly describe the organization you are going to use. Why do you think it will be an interesting focus for your application of economic ideas? I picked to do my SLPs on the Dell computer corporation. When reading the module instructions, I was hoping to see Apple on the list because I am somewhat familiar with the company. Though Dell wasn’t my first thought, I’m glad to have found it on the list since I have read some interesting material on BloombergBusinessweek.com on how the company is competing with the “i” craze that recently hit the world. Aside from trying to compete with Apple, Dell will be an interesting company to work on for SLPs because this company started out of college dormitory and quickly became one of the most successful direct to customer custom PC’s. (History of Dell) While reading through some of Dell’s history, an interesting event came up: at one time, Dell almost got kicked off of the NASDAQ list completely. Considering this SLP is about the stock exchange, this information peeked my curiosity. It appears that Dell experienced some legal trouble in the early 2000’s when they did not submit their quarterly earnings reports in on time. The company’s documents were subpoenaed and lawsuits were filed. The offensive could have resulted in being removed from the stock market exchange, but NASDAQ granted Dell a waiver. (History of Dell) The auditing that occurred once the documents were handed over uncovered some bad Dell employee behavior; they were fired and face personal lawsuits, but the company is no longer in jeopardy of being kicked off of the list. 2. Pick two of the Big Ideas referred to in the Powerpoint presentation below. Discuss how they apply to your organization. “Choices involve tradeoffs – we always give something up to get something else.” Dell learned about this big idea the hard way: choices involve tradeoffs – “we always give...