This midterm exam consists of four questions. Please answer them using APA format.

Two to three pages should be sufficient for each question.

1. Antitrust authorities at the Federal Trade Commission are reviewing your company’s recent merger with a rival firm. The FTC is concerned that the merger of two rival firms in the same market will increase market power. A hearing is scheduled for your company to present arguments that your firm has not increased its market power through this merger. Can you do this? How? What evidence might you bring to the hearing?
2. Assume that the demand for plastic surgery is price inelastic. Are the following statements true or false? Explain your answer for full credit.
   • When the price of plastic surgery increases, the number of operations decreases.
   • The percentage change in the price of plastic surgery is less than the percentage change in quantity demanded.
   • Changes in the price of plastic surgery do not affect the number of operations.
   • Quantity demanded is quite responsive to changes in price.
   • The marginal revenue of another operation is negative.
3. The Theory of the Firm document, the Friedman article, and the information in chapter 4 argue that the main goal of a firm in a market economy is to maximize profit (shareholder wealth) over the long term. However, SEC regulations require U.S. corporations to publish operating results on a quarterly basis. How does this short term time frame impact long term profit maximization? Should the SEC change their regulations of public corporations to require only annual reporting of operations? How might this impact stock price in the short term? How do you believe that management deals with these two sometimes competing goals?
4. During the energy crisis of the 1970s, and again in the last 5 years, Congress bemoaned the “price gouging” and “windfall” profits of the major oil companies. In the 1970s Congress imposed an “excess profits tax” on these companies. It did not do so this time? What does this change show about how our understanding of the way the price system works to allocate resources has evolved? If “excess profits” are taxed away, where will oil companies get the money to fund new exploration and development of oil properties? Does it matter if these price increases are demand or supply induced?

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.

Choose a company that you have worked for or one that you currently work for to use for the analysis. If you have not worked for a company, choose one that you know some basics about. Write a needs analysis where you discuss current practices and HRIS requirements. The paper needs to be 3-4-pages (not counting the cover page and reference page) that include the following paper headings, which are denoted in all caps.

• INTRODUCTION: Explains the content that will be reviewed in the paper.
• BUSINESS ASSESSMENT: Describes the business (size, structure, etc.) and if there are unknowns, make assumptions based on typical companies from similar fields and of similar size.
• IDENTIFIED PROBLEMS: Consider the HR problems/challenges of the organizations. Make a list of HR functions that you believe could be more efficient based on your own experience. Make assumptions if needed. Choose one HR function for analysis.
• HRIS NEEDS ANALYSIS: Review the shortfalls and challenges of the chosen area. Refer to the course reading for additional information on conducting a needs analysis. Answer the following: How might an HRIS application assist the business? What elements should the HRIS contain in order to help the company be more efficient and productive?
• CONCLUSION: End the paper with a concise summary of your findings and recommendations for next steps for the company.
• This needs to be original work, APA Format, reference page

You are a small start up consulting service business in your own local market. Your feasibility analysis indicates that you have several struggling small businesses that are opportunities in your community. At present there are no other consulting businesses with which you would compete.

Dhikr and Prayer

see the attached 

Please read the article and reflect on it. No need for summary, just reflection and thoughts from the point of view of a muslim student who is familiar to a certain extend with the religion and its sects (i.e. don’t make obvious claims and sentences).