Social Security Administration Calculates Answer

Social Security Administration Calculates Answer

Question 1

Choose 2 of the 10 national companies featured in the Top Ten list by Fortune Magazine – http://money.cnn.com/magazines/fortune/fortune500/ or GO TO: https://fortune.com/fortune500/ Go to www.sba.gov to research the laws applicable in the states in which these companies are based.

Which companies did you choose?

Why?

How do the worker’s compensation and tax laws differ for each company?

Which company do you think was more difficult to establish based on state laws?

Question 2

How Much Do You Need to Get By?

The cost of living is the average monetary costs of the goods and services required to maintain a particular standard of living. It is closely related to the CPI. In fact, in order to keep up with inflation, the Social Security Administration calculates automatic cost of living adjustments to Social Security benefits based on annual percentage increases in the CPI. As you can imagine, the cost of living varies greatly by state and city. For example, the cost of living in New York City or San Francisco is much higher than in Topeka, Kansas, or Charlotte, North Carolina. Why do you think this is? What factors account for the differences?

More Info

For more information about the cost of living, visit these links:

CNNMoney.com'< s Cost of Living Tool: Visit this site to compare how far money will go in two different cities. http://cgi.money.cnn.com/tools/costofliving/costofliving.html

U.S Department of Labor’s CPI Page : This site offers a wealth of information, statistics, and tables related to the consumer price index (CPI). http://www.bls.gov/cpi

Due Date: Jan. 28th at 11:59 p.m.

Question 3

Visit: www.cyborlink.com. Review the cultural links for 3 different countries. Create a list of 3 business “do’s” and 3 business “don’ts for each country when conducting business there. You need to make sure that the do’s and don’t that you are reporting on are ones that have not been reported on by other students in the class.

This is a very good exercise is seeing how other countries customs can be so different (not necessarily wrong, but different) than ours.

Question 4

Watch the youtube video below on the Fall of Enron.

https://www.youtube.com/watch?v=stwcqdk7C_w&noredirect=1

Discuss any ethical concerns that you find and why you think that this occurred. How could this have been prevented?