What kind policy actions can you suggest to governments of the world to address these issues?

As you will notice, the questions are reflection
questions that require you to put your brain to work. That is, I expect
everybody’s answers to be pretty diverse. I am essentially interested in how you process
information and how you put your thoughts into words. Please focus on what the
question is asking, tackle it directly, and provide your ORIGINAL ideas.

(As a rough estimate, you may use several
paragraphs to answer each question, with an average length
of 70-90 words for each paragraph.)

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1)
What is the type of competition that Pfizer
competes in? Support your answer with evidence from theory (as discussed in
class).

2)
Identify one industry that is currently in the growth
phase, and support your answer with evidence from theory.

3)
In broad terms, privatization refers to the divesting of government
involvement in the operation, management, and ownership of activities,
involving the transfer of activities or functions from the government to the
private sector. There are multiple benefits as well as disadvantages of
privatization as discussed in class.

BCLC
(British Columbia Lottery Corporation) is a Crown corporation that conducts and
manages gambling in a responsible manner throughout the province, operating and
managing lotto games, online casinos, and sports betting? In light of the
privatization discussions, what would be the pros and cons of privatizing BCLC?
Give at least three pros and three cons.

4)
According to an Oxfam International report
regarding the world inequality crisis:
•
The richest individuals – the 1% – have more
wealth than the rest of the world’s entire population.
•
The wealth of the richest has grown while the
wealth of the bottom half the world’s population has fallen.
•
A global network of tax havens enables the
richest individuals to hide $7.6 trillion.
•
The average annual income of the poorest 10
percent of the world’s population has risen by less than $3 in the last 25
years.
What kind
policy actions can you suggest to governments of the world to address these
issues?

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