Go to www.federalreserve.gov/FOMC/default.htm, the official Wed site of the Federal Open Market Committee (FOMC) of the Federal Reserve Board. Scroll down the page and choose the link to one of the most recent statements from FOMC meetings.In your initial response to the topic you have to answer all questions:Define the Federal Funds Rate. What is the current Federal Funds Rate?Define the Federal Reserve Discount Rate. What is the current Federal Reserve Discount Rate?What are the factors cited in this statement that determined the FOMC’s decision of changing (or keeping constant) its target for the federal funds rate?Does the Fed have control over the federal funds rate and over bank reserves? If so, can the Fed control both simultaneously?Reflection – the students also should include a paragraph in the initial responsein their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace.

Propose and defend a solution to the problem identified in assignment one (attached) The final analysis must include a complete theoretical justification/defense of your proposed solution.Do not assume the reader knows the background materials.Your final analysis should be readable and understood by any colleague from your workplace.Treat this final analysis as a policy written for your immediate supervisor. Addressing the issues included the feedback you receive on assignment 1 is essential to the success of the final analysis.Feedback on assignment one: The problem is more corporate culture in nature The base of the problem is a very big cultural problem within the organization. The solution should be something that will impact the whole organization. For example, it is not only two people not communicating, its no one talks to anyone in the company. A culture where everybody is used to talking to each other, there will not be communications problems since people of different levels feel free to communicate with one another. In this case, when someone new comes to the company, he or she can be greeted and talk with everyone within the organization. The key answer to the problem is how would you suggest that this organization being to change what is clearly not communicative culture into a culture where everybody talks to each other. To solve the problem, the solution will be something that will start from the bottom up. Top people can’t make the company culture to be communicative, but other employees can make that communication culture by communicating with each other. It supposed to be a mix of personalities and everyone can still comfortably communicate with everyone. With comfort comes trust, communication, and safety. The whole solution should be focusing on how to make employees communicate with each other comfortably.

Purpose of AssignmentThe purpose of this assignment is the creation of a research analysis. Every day, consumers make millions of decisions that impact the marketplace and influence firms' decisions. Firms use economic concepts, models, and other "tools" of economics to help determine pricing, output, and profit maximization. As an MBA student of economics, you can apply the "tools" of economics to microeconomic and macroeconomic data to create recommendations for how firms can maximize revenue, profit and market share.Assignment Steps Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Scenario: Imagine you are a business consultant to a firm of your choice. You have been asked to analyze, advise, and create recommendations on how the firm can ensure its future success in its current market. Work select a firm that matches the following criteria: a publicly-traded company operating in the U.S. market. Note: A publicly-traded company is a private-sector firm owned by its shareholders/stock holders. Prepare a 1,050-word analysis of economic data and business data to explain how the core economic principles impact the sustainability of the firm and what actions the firm can take to ensure success. Address the following:Identify the market structure your chosen firm operates in, analyze your chosen firm's current market share, and identify the firm's local/global competitors. Analyze the barriers to entry in this market to illustrate the potential for new competition and its impact on your firm's future in the market. Hints: Be sure you review the barriers to entry discussed in the course text. You might consider presenting the data graphically.Content points should be in full sentences and they should have source documentation for the facts in the form of an APA citation.Identify and explain trends in current macroeconomic indicators for last three years including:Current stage of the business cycle.Real gross domestic product (GDP).Inflation as measured by the consumer price index (CPI).Unemployment rate.Federal funds rate.Current rate for borrowing funds such as the so-called "prime rate." Note: A requirement of the Week 1 Influence of Economics on Household Decision Making report was to gather data on the CPI, GDP, and interest rates, so you should consider reviewing the feedback you received on the Week 1 report.Evaluate trends in demand over last three years and explain their impact on the industry and the firm. Include quarterly (last two quarters) and annual sales (last three years) figures for the product your firm sells. Create business strategies by analyzing information and data related to the demand for and supply of your firm's product(s) to support your recommendation for the firm's actions. Remember to include a graphical representation of the data and information used in your analysis.Examine available, current data and information, such as pricing and the availability of substitutes, and explain how you could determine the price elasticity of demand for your firm's product. Assess how the price elasticity of demand impacts the firm's pricing decisions and revenue growth.Apply the concepts of variable and fixed costs to your firm for informing its output decisions. For instance, analyze how different kinds of costs (labor, research and development, raw materials) affect the firm's level of output.Based on the data gathered and analysis performed for this report write a conclusion in which you:Create business strategies, including price and non-price strategies, based on your market structure to ensure the market share and potential market expansions and explore global opportunities for your business in a dynamic business environment and provide recommendations.Develop a recommendation for how the firm can manage its future production by synthesizing the macroeconomic and microeconomic data presented.Propose how the firm's position within the market and among its competitors will allow it to take your recommended action.Recommend strategies for the firm to sustain its success going forward by evaluating the findings from demand trends, price elasticity, current stage of the business cycle, and government policies. Cite a minimum of three peer-reviewed references and a minimum of two government economic data sources/references. Format your assignment consistent with APA guidelines. Note: A template is provided for the format of this assignment. Do review the materials posted with this assignment.