Case Study:
Question 1: Business Honors
Read Case: Hot Coffee at McDonald's. Next, watch the video titled, "Woman Burned by McDonald's Hot Coffee, Then the News Media | Retro Report | The New York Times" (12 min 17 s), located at
https://www.youtube.com/watch?v=pCkL9UlmCOE.
After reviewing the video and case study, choose two of the five questions located at the end of the case. Formulate your response and post to the Week 5 discussion. Respond to a peer who answered at least one different question than you did.
Question 2: "Owning the Market" Please respond to the following:
Identify a company in your local or generalized area that you would classify as a monopoly. Explain the key reasons why you classified the company as a monopoly, and state how the company operates relative to at least two characteristics of that particular market.
Question 3: Financial Discussion
VIDEO: 60 Minutes - Inside the Financial Crash - https://www.youtube.com/watch?v=FMt_ZczGmEU
After watching the Inside the Financial Crash video, how did this financial crash impact you, your family, a career you may have been laid-off from, and/or someone you know that were affected?