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Instructions: Term Paper: A final paper (8 pages minimum) that focuses on the course content, applied in the setting of your current or past employer, will be due in Module 7. In this paper you will...

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Instructions:
Term Paper: A final paper (8 pages minimum) that focuses on the course content, applied in the setting of your cu
ent or past employer, will be due in Module 7. In this paper you will focus on the following:
1.Provide a description of the company that you work for. As part of your description include a discussion of the type of organizational structure.
– Pricewaterhousecoopers – Tax Associate
2. Describe an agency problem within the firm and discuss what you think is causing the problem and how the problem might be better controlled.
- Please, you can come up an agency problem that PricewaterhouseCoopers has within and write about that.
3. Describe the job dimensions of the firm and discuss whether or not you believe the cu
ent design is appropriate for the firm. Discuss any suggestions you might have for improving the job design. Grouped by function or by product or geography or a matrix organization? Provide a diagram if helpful to illustrate. Is this organization effective?
4. Describe the compensation package for executives and employees within the firm. Discuss whether or not you believe that the compensation package is effective and any suggestions that you might have for improving the compensation package.
While these questions focus on the latter half of the course, you should remain mindful of the economic concepts that were developed in the beginning of the course. An “A” paper will demonstrate a thorough understanding of the relevant topics, completely discuss each of the four points of the paper, use terminology appropriate to the topic, and use word choice, spelling, and sentence structure appropriate for graduate-level work.
Specific Formatting Instructions
1. All assignments must be completed as Word documents. If you do not have Word you can use Microsoft WordPad and use the rich text format (.rtf extension).
2. All assignments must be prepared in the APA format, including references.
3. Cover page. Use a single cover page that contains:
a. the title of the assignment
. your name
4. Margins. All page margins should be the default margins for your word processing program. Use only the LEFT margin justification setting.
5. Page numbering. Please use page numbering for all pages except the cover page.
6. Spacing/Font. All papers should be single-spaced only (this includes spacing between paragraphs) and a 12 point font.
7. Direct quotes/ paraphrasing. Direct quotes and paraphrasing MUST be referenced and cited using APA guidelines. Although there is no limit on how many citations are in the paper, I will use limits of 15% for quotations and 25% for unoriginal wording for this course. When more than one quarter of a paper seems to be unoriginal, it usually indicates a problem. Even if sources are properly cited and some of the words are changed, it raises the question of how much original thinking went into the paper. There is a big difference between starting with a blank page and writing your own thoughts, and building the paper around quotes, paraphrased sources, and the altered wording of another author. You are encouraged to use textbook concepts as you attempt to explain in your own words the answers to the assignments rather than relying heavily on quoted material. Try to think about how you would explain your answer to someone who has not taken a managerial economics class. High scores on the originality report in Turnitin are not just a result of plagiarism; they can also result from an inco
ect quotation/citation methodology or from using words that have been rea
anged from your sources. If you use someone else’s work you must cite and reference it appropriately.
8. References. You must include a separate References page in APA format with each paper. Any source that is used to develop your paper must be included in this section.
9. File Name. The file that you submit to the Assignment box is the one that your instructor will grade. To facilitate the grading process, please save your file name as lastname_assignment name (e.g., caldwell_chapter 1 case study) so that when you upload the file it will be obvious to me who the file is from once it is downloaded for grading.
Use of Turnitin: You will be submitting your term paper to an Assignment box that is linked to Turnitin. For those of you not familiar with Turnitin, it is a plagiarism identification service that can also assist students with term paper reference methodology. The Turnitin tool compares your writing against all published sources and also checks against prior class papers. You must cite all your source material including direct quotations, paraphrasing, and statements of fact. Click the Turnitin link under Resources in the course menu to download additional information on how the integration with the Assignment box works.
Economic concepts discussed throughout the class
Module 1 Introduction to the Role of Economics in Decision-Making
Objectives When you complete this module, you should be able to:
1 Identify and evaluate the importance of each of the “three legs of the stool” of organizational architecture.
2 Explain and compare the economic approach to behavior using simple choice models against alternative models of behavior.
3 Define and apply the concept of opportunity cost.
4 Explain how a market system differs from a centrally planned economy.
Module 2 The Foundations of Demand and Supply
Objectives When you complete this module, you should be able to:
1 Identify the variables that can influence the demand for a firm’s product.
2 Utilize the various measures of elasticity to describe how much the demand for a firm's product can be affected by those variables.
3 Determine how a firm chooses its optimal mix of inputs to produce its output.
4 Explain the relevant costs that a firm faces in its decision-making.
Module 3 The Importance of Market Structures
Objectives When you complete this module, you should be able to:
1 Compare and contrast the four different market structures.
2 Explain what it means for a firm to have market power.
3 Evaluate different pricing strategies used by firms to make pricing decisions.
Module 4 The Economics of Strategy
Objectives When you complete this module, you should be able to:
1 Compare and contrast creating value and capturing value.
2 Appraise the use of game theory in practice.
Module 5 Incentive Conflicts, Contracts, and Organizational Architecture
Objectives When you complete this module, you should be able to:
1 Identify potential sources of incentive conflicts within firms.
2 Evaluate the use of contracts to control incentive conflicts.
3 Outline the determinants of a successful organizational architecture.
4 Explain how corporate culture enhances communication and helps set employee expectations.
Module 6 The First Leg of the Stool – Decision Rights
Objectives When you complete this module, you should be able to:
1 Critique the costs and benefits of centralization versus decentralization in establishing decision rights.
2 Formulate a rationale for the use of teams in a decision-making process.
3 Evaluate the benefits of specialized versus
oad task assignments.
4 Compare the costs and benefits of alternative organizational structures.
Module 7 The Second Leg of the Stool – Methods of Reward
Objectives When you complete this module, you should be able to:
1 Explain how employers can use pay level to attract, retain, and motivate employees.
2 Critique the basic economic model of employment and wages and its extensions on the implications in human capital, compensating differentials, internal labor markets, and the choice between salary and fringe benefits.
3 Appraise the practice of incentive compensation and its costs and benefits.
Module 8 The Third Leg of the Stool – Performance Evaluation
Objectives When you complete this module, you should be able to:
1 Contrast the use of relative, subjective, and objective performance measures to evaluate employee performance.
2 Identify methods for evaluating team performance.
Mainly, the course had general economic concepts that can found in several sources.
Thank you
Answered Same DayNov 26, 2021

Solution

Abhishek answered on Nov 29 2021
57 Votes
Running Head: AGENCY REPORT         1
AGENCY REPORT         11
AGENCY PROBLEM
Table of Contents
Answer to Question 1    3
Description of the Company    3
Works of the Company    3
Assurance    3
Advisory    3
Tax    4
Organizational Structure    4
Answer to Question 2    5
Answer to Question 3    7
Job Dimensions of this Company    7
Skill Variety    7
Task Identity    8
Task Significance    8
Autonomy    8
Job Feedback    8
Job Design    8
Answer to Question 4    9
References    11
Answer to Question 1
Description of the Company
    Pricewaterhousecoopers is a tax firm where the company works as a tax consultant. It is a professional service firm, which delivers advice on the tax payment and other regular services. It is also a network, which works globally to give assurance on any tax related problems, give taxes and work as a consulting service. It is a multinational company. It works as a tax consultant globally. The headquarters of this company is in London. This company also has firms in different countries (Dollery & Kortt, 2017). This company has 730 networks in 160 different countries. In this company 251,000 people work.
Works of the Company
    The Company works globally on different purposes related with taxes and the payment of the taxes. This company has three services to offer globally. Those services are assurances on the financial audits, advisory or the advice on the insurance, investment, payment of tax, pension and tax consultant.
Assurance
    This company works as an assurance giver as 41% of the task of the company. This company gives assurance on the financial audits. The company sees the financial audits of any company and gives suggestions if that company needs any idea to make up for the mistakes in the final sheets of the audit.
Advisory
    This Company has two different consultancy services. The main work of an advisory company is to give advice on different situations and matters. The two different consultancies are actuarial consultancy and actuarial and insurance management. The actuarial consultancy services gives advice on pensions, life insurance policies, non-life insurance policies, health and investment on health and other things. On the other hand, Actuarial and Insurance Management Solutions sees the departments of the life insurance and non-life insurance and investments on these. The Human resource service works with the services of pensions and group health of people (Scott, 2015). The pension of people, the health treatment and med claim, life insurance and other investments are being seen by this company thoroughly.
Tax
    This Company is a multinational global company. Therefore, the international taxpayers, local taxpayers, lawyers contact with them. Laws and customs, legal services, consults on human resources are dealt by this company.
Organizational Structure
    Organizational structure is important for this company. By a co
ect organizational structure, the goal of the organization can be achieved. Organizational structure is a system where some activities are being set to achieve the success of the company (Maduenyi, Oke, Fadeyi & Ajagbe, 2015). The activities are rules of the company, roles of the employees in the company, and responsibilities of the management systems and the workers in the company.
    In its business organizational structure, there are certain people who work as the head of the department or the company. This company is in partnership of two people. Hence, there is a MD in the company, then there is the CEO, which followed by three departments such as marketing, sales and services (Gaspary, de Moura & Wegner, 2018). This company also has these three divisions to marketing or advertising the products of the company, sales of the services of the company and services, which are provided by the company to the consumers.
Answer to Question 2
Through the overview of the overall organizational structure of PricewaterhouseCoopers, it is observed that there is the lack of involvement of the modern technologies in case of operating the works that are associated with the taxation policy. In that context, it can be mentioned that as being the accounting consulting firm the company has to perform different activities within their business performances that are linked with the process of taxation (Czerniawska, 2016). The company at the time of serving consultancy to the other based on the accounting services are not able to deliver proper as well as developed services to its service users or customers due to the lack of involvement of modern technologies. The issues that the accounting consultancy firm is facing with the...
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