Thomas Sowell: Distinct Opinions On Wealth, Poverty And Power

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This essay is a take-home exam, and you can make some small grammar mistake to make it look like I wrote by myself.
You should write no more than 2 pages to respond to each question.
1. Thomas Sowell is a noted economist with some very distinct opinions on wealth, poverty, power and business. If Thomas Sowell were hired as President Trump’s advisor on Finance and Commerce what advice would he give President Trump right now in order to continue to grow the economy and make the United States a stronger environment for the growth of businesses?
2. Since K-Mart has essentially disappeared from the American market it has decided it wants to move into Asian markets (China, Vietnam and Japan). Assume and investor has recapitalized K-Mart for this purpose. If you were hired as K-Mart’s consultant in 2018 to help them make decisions about expansion, what strategies would you suggest that K-Mart embark on in order to expand to those nations and why? Additionally, what are the key risks that K-Mart needs to be aware of when opening stories in those markets?
3. Wal-Mart has decided it wants to enter the pharmaceutical business in the United States. You have been hired as its strategy consultant. What are you going to tell Wal-Mart to do?
You will be graded based on your integration of course material, your demonstrated understanding of the key concepts from class and the readings and your knowledge of current events in the business world. Grammar, spelling and style also play a significant role in your grade. Use APA, MLA, Chicago or Harvard style for references.