Economic Discussion - Assignment Example

• Take a position regarding whether the current initiatives of the FCC actually encourage competition in all communication markets and protect the public. Provide specific examples to support your response. FCC’s current initiatives have encouraged competition in all sectors and especially in communication markets. This is because of its diverse applications that have prompted diverse sectors utilizing the new emergent technologies in their operations (Lewis, 2012). For instance, healthcare sector, where West Health Institute intends to introduce a new technological knowhow meant to monitor high-risk pregnancies in local clinics comprising the state’s remote localities (Lewis, 2012).

This will speed up medical service delivery, which is a benefit to the public besides shunning pregnancy related mortalities (Lewis, 2012). • Imagine a single organization with a complete monopoly on all post-secondary education and discuss the likely economic impact.  The organization will result to unreasonable rising of fees, which is a detriment to the parents and those intending to access post secondary education (Levy & Walton, 2009). Consequently, this will yield to transferring of income from consumers to the high earning organization’s shareholders, hence affecting economy adversely (Levy & Walton, 2009).

Besides, this widens gap between the rich and poor because the organization’s shareholders continue to enrich themselves at the expense of the struggling consumers (Levy & Walton, 2009).  • Explain the economic consequences that would unfold if one of the major four sports leagues in the United States reorganized into a single-entity league. Discuss the consequences for players and fans. The major league will result to monopolizing all operations that relate to sports, hence extending to commerce.

This is especially via advertising whereby corporations and other institutions intending to advertise their products will incur high expenses. Besides, there is a likelihood of top officials and related staffs failing to be accountable. This will translate to poor players’ enumerations and elevated stadium fees to the fans.  • Discuss the likely economic impact to owners, players, and fans if sports leagues were not allowed to function as a cartel. Parties involved in these leagues will not have a chance to share ideas or transfer of players from one league to another.

This deprives them numerous chances meant to stabilize their economies because each league will be operating as an entity due to unhealthy competition among them. Additionally, this will also extend to the fans and players whereby the latter may not be able to exploit their talents as expected thus fail to reach the international levels. • Identify the recipient, the topic, and the purpose of your report. Recipient:  Sports’ organizers and other sportsmen staffs Topic. Purpose: Sensitize sportsmen and their organizers the impact of sports’ activities on the economy.

• Suggest potential resources and a method for gathering information that may provide support for at least one classmate's report. Reliable and potential sources include;- Sports journals- Commerce journals focusing on sports Method - Qualitative • If you have never had an experience with collaborative writing, explain whether or not you think you would enjoy this type of collaboration. If you had to produce a project this way, determine what you would do to ensure success.

I will enjoy this mode of writing due to its intriguing way of attaining information regarding diverse topics. Besides, it is hard for an individual to err due to intensive consultations held by the researchers before they make their conclusions.