From a managerial economics perspective, using the economic data provided by Baptist (2014) in the chapter, in what ways do the typical decisions of the “one-eyed men”–to use hybridized cotton seed and to increase their labor assets through various means–make sense as business decisions?

Answer the questions below utilizing specifically chapter 7 of the text attached.Chapter 7: SeedThe connections between planters raping their slaves for breeding purposes and pleasure and dominance, and the #metoo movement seem quite obvious. Baptist claims “potterized” white males created a culture that widely warped gender relations. From an asset preservation standpoint, breeding one’s slaves made perfect sense, in the same way that a livestock management program does. At very little cost (to the plantation owner), a valuable asset can be acquired. What connections can you draw between this historical record and managerial behavior with women in modern work? (There are too many examples to choose from.) Especially, in what ways do these behaviors interfere with the organization’s goal attainment, a characteristic of managerial economics?Seed has two meanings here. Cotton seeds, mostly hybridized as time went on, is the obvious meaning. A less obvious meaning is the reproduction of slaves, i.e., to increase the number of these assets owned by the slaveholder. Importation of slaves was outlawed during this period. (See Barracoon: The Story of the Last Black Cargo, by Zora Neale Hurston [researched in the 1930s, published in 2018] for an historiography of the last slaves imported into the U.S.) So the only way to increase the size of one’s labor force was to buy from another slaveholder or through the birth of new slaves within one’s control, a characteristic of chattel slavery.From a managerial economics perspective, using the economic data provided by Baptist (2014) in the chapter, in what ways do the typical decisions of the “one-eyed men”–to use hybridized cotton seed and to increase their labor assets through various means–make sense as business decisions? Consider the tensions in Arce (2004) among the four objective functions found by Graafland (2002) re: Shell: unconstrained optimization, the Friedman doctrine, stakeholder, and profitability & sustainability constrained. (Expand Arce’s definition of “stakeholder” in light of the criticisms of Dodge Bros. v. Ford Motor Co.)Also, consider the national policy decisions (Jackson and populism) that expanded the slave-owning area of the U.S. (such as the infiltration of Mexican territory to annex more slave states), and the effects that monetary policy had on slaveholders’ decisions depicted in this chapter.