Using the regression results and the other computations from Assignment 1, determine the market structure in which the low-calorie frozen, microwavable food company operates.
Use the Internet to research two (2) of the leading competitors in the low-calorie frozen, microwavable food industry, and take note of their pricing strategies, profitability, and their relationships within the industry (worldwide).
Write a six to eight (6-8) page paper in which you:
1.Outline a plan that will assess the effectiveness of the market structure for the company’s operations. Note: In Assignment 1, the assumption was that the market structure [or selling environment] was perfectly competitive and that the equilibrium price was to be determined by setting QD equal to QS. You are now aware of recent changes in the selling environment that suggest an imperfectly competitive market where your firm now has substantial market power in setting its own “optimal” price.
2.Given that business operations have changed from the market structure specified in the original scenario in Assignment 1, determine two (2) likely factors that might have caused the change. Predict the primary manner in which this change would likely impact business operations in the new market environment.
3.Analyze the major short run and long cost functions for the low-calorie, frozen microwaveable food company given the cost functions below. Suggest substantive ways in which the low-calorie food company may use this information in order to make decisions in both the short-run and the long-run. TC = 160,000,000 + 100Q + 0.0063212Q2 VC = 100Q + 0.0063212Q2 MC= 100 + 0.0126424Q
4.Determine the possible circumstances under which the company should discontinue operations. Suggest key actions that management should take in order to confront these circumstances. Provide a rationale for your response. (Hint: Your firm’s price must cover average variable costs in the short run and average total costs in the long run to continue operations.)
5.Suggest one (1) pricing policy that will enable your low-calorie, frozen microwavable food company to maximize profits. Provide a rationale for your suggestion.
(Hints:
In Assignment 1, you determined your firm’s market demand equation. Now you need to find the inverse demand equation. Having found that, find the Total Revenue function for your firm (TR is P x Q). From your firm’s Total Revenue function, then find your Marginal Revenue (MR) function. Use the profit maximization rule MR = MC to determine your optimal price and optimal output level now that you have market power. Compare these values with the values you generated in Assignment 1. Determine whether your price higher is or lower.)
6.Outline a plan, based on the information provided in the scenario, which the company could use in order to evaluate its financial performance. Consider all the key drivers of performance, such as company profit or loss for both the short term and long term, and the fundamental manner in which each factor influences managerial decisions.
(Hints:
Calculate profit in the short run by using the price and output levels you generated in part 5. Optional: You may want to compare this to what profit would have been in Assignment 1 using the cost function provided here. Calculate profit in the long run by using the output level you generated in part 5 and cost data in part 3 and assuming that the selling environment will likely be very competitive. Determine why this would be a valid assumption.)
7.Recommend two (2) actions that the company could take in order to improve its profitability and deliver more value to its stakeholders. Outline, in brief, a plan to implement your recommendations.
8.Use at least five (5) quality academic resources in this assignment. Note: Wikipedia does not qualify as an academic resource. Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
Assignment 1: Demand Estimation
Imagine that you work for the maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April.
Note: The following is a regression equation. Standard errors are in parentheses.
QD = -2,000 – 100P + 15A + 25PX + 10Y
(5,234) (2.29) (525) (1.75) (1.5)
R2 = 0.85 n = 26 F = 35.25
Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent variables:
QD = Quantity demanded of a unit (dependent variable)
P (in cents) = 200 cents per unit (price per unit)
PX (in cents) = 300 cents per unit (price of leading competitor’s product)
Y (in dollars) = $5,000 (per capita income in the Standard Metropolitan Statistical
Area (SMSA) where the 26 supermarkets are located)
A (in dollars) = $640 (monthly advertising expenditures)
Write a four to six (4-6) page paper in which you:
1. Compute the elasticities for each independent variable. Note: Write down all of your calculations.
2. Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a rationale in which you cite your results.
3. Recommend whether you believe that this firm should or should not cut its price to increase its market share. Provide support for your recommendation.
4. Assume that all the factors affecting demand in this model remain the same, but that the price has changed. Further assume that the prices are 100, 200, 300, 400, 500, 600 cents.
• Plot the demand curve for the firm.
• Plot the corresponding supply curve on the same graph using the following supply function (with the same prices 100, 200, 300, 400, 500, and 600 cents):
QS = -7909.89 + 79.0989P
• Determine the equilibrium price and quantity. (Show this graphically and/or calculate using algebra.)
5. What short-term and long-term changes in market conditions could shift the demand and supply curves for this product?
6. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia does not qualify as an academic resource.
Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
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define what stereotype threat is and how it impacts others.
/in Uncategorized /by JosephThe purpose of this assignment is to give you an opportunity to get feedback on your proposed thesis and roadmap before you begin writing your paper. Here are the steps to complete:
FIRST: Review our final paper prompt: English 98–Paper Prompt 3 11.28.17.docx
SECOND: Please submit the following here (and bring a paper copy to class tomorrow for group peer review)
Identify which paper prompt you selected (the text-to-self or text-to-text option)
Create a thesis statement for the paper prompt you selected. Write it down.
Identify how you plan to support your thesis in the body of your paper. What points do you plan to make? What evidence do you plan to use? Write it down.
Write down any questions you have for your peer review partners.
EXAMPLE SUBMISSION:
Jane Doe
English 98
Paper Prompt I Selected: Text-to-Text option
Working Thesis: In the movie Hidden Figures, Katherine blah blah blah blah blah blah. [pretend there is a complete thesis statement here] How I Plan to Support This Thesis: I plan to write five body paragraphs to support this thesis.
In the first body paragraph, I plan to define what stereotype threat is and how it impacts others. I will then focus on summarizing all the ways that African Americans appear to be stereotyped in the film. I may also include some quotes from Claude Steele where he focuses on specific ways that African Americas were stereotyped in Chicago. I haven’t decided yet.
In the second body paragraph, I plan to show how Katherine faces stereotype threat. In particular, I will discuss XXX scene and highlight blah blah blah.
In the third paragraph, I’ll show how the stereotypes held against Katherine initially limited her opportunities to advance at NASA. In particular, I will talk about blah blah blah blah.
In the fourth paragraph, I’ll also show how the stereotype threat limited how Katherine saw herself. In particular, I’ll discuss XXX scene where Katherine appears to talk down about herself.
In the fifth paragraph, I’ll address how Katherine was able to use a growth mindset to overcome this instance of stereotype threat. I’ll point out how she said blah blah blah and completed XXX actions–all evidence of her having a strong growth mindset.
Conclusion “So What”: Not sure yet. I may talk about the power of mindsets and focus on how much Katherine was able to achieve at Nasa. Still working on this.
Questions I Have For My Peer Review Group:
I’m not sure how to begin this paper. What sort of hook could I create for the introduction paragraph?
What do you think of my thesis? Am I on topic? Is it clear, specific, and analytical?
Am I referencing the best evidence in my body section? Are there any scenes from the movie that you think I should include or exclude?
my choice is Text-to-Self option.
please read the English 98–Paper Prompt 3 11.28.17.docxn and follow the example
due at 7hrs later
plz on time!!
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Explain the competency-based and the traditional approach to training.
/in Uncategorized /by JosephFor the Unit I Essay, you will explain organizational learning techniques for today’s HR professionals and how they enhance training and development. Within your essay, address the following points:
Describe competency models, case-based decision making, and systems thinking.
Describe why the competencies of the past are not compatible with the competencies of the future for the global organization.
Explain the competency-based and the traditional approach to training. Select several training models and assess their effectiveness for the global organization. Include training issues faced by the global organization in your explanation.
Your essay must be at least two pages in length, not including the title and reference page. You are required to use at least one outside source to support your explanation. All sources used, including required readings, must be cited and referenced according to APA standards.
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Analyze the major short run and long cost functions for the low-calorie, frozen microwaveable food company
/in Uncategorized /by JosephUsing the regression results and the other computations from Assignment 1, determine the market structure in which the low-calorie frozen, microwavable food company operates.
Use the Internet to research two (2) of the leading competitors in the low-calorie frozen, microwavable food industry, and take note of their pricing strategies, profitability, and their relationships within the industry (worldwide).
Write a six to eight (6-8) page paper in which you:
1.Outline a plan that will assess the effectiveness of the market structure for the company’s operations. Note: In Assignment 1, the assumption was that the market structure [or selling environment] was perfectly competitive and that the equilibrium price was to be determined by setting QD equal to QS. You are now aware of recent changes in the selling environment that suggest an imperfectly competitive market where your firm now has substantial market power in setting its own “optimal” price.
2.Given that business operations have changed from the market structure specified in the original scenario in Assignment 1, determine two (2) likely factors that might have caused the change. Predict the primary manner in which this change would likely impact business operations in the new market environment.
3.Analyze the major short run and long cost functions for the low-calorie, frozen microwaveable food company given the cost functions below. Suggest substantive ways in which the low-calorie food company may use this information in order to make decisions in both the short-run and the long-run. TC = 160,000,000 + 100Q + 0.0063212Q2 VC = 100Q + 0.0063212Q2 MC= 100 + 0.0126424Q
4.Determine the possible circumstances under which the company should discontinue operations. Suggest key actions that management should take in order to confront these circumstances. Provide a rationale for your response. (Hint: Your firm’s price must cover average variable costs in the short run and average total costs in the long run to continue operations.)
5.Suggest one (1) pricing policy that will enable your low-calorie, frozen microwavable food company to maximize profits. Provide a rationale for your suggestion.
(Hints:
In Assignment 1, you determined your firm’s market demand equation. Now you need to find the inverse demand equation. Having found that, find the Total Revenue function for your firm (TR is P x Q). From your firm’s Total Revenue function, then find your Marginal Revenue (MR) function. Use the profit maximization rule MR = MC to determine your optimal price and optimal output level now that you have market power. Compare these values with the values you generated in Assignment 1. Determine whether your price higher is or lower.)
6.Outline a plan, based on the information provided in the scenario, which the company could use in order to evaluate its financial performance. Consider all the key drivers of performance, such as company profit or loss for both the short term and long term, and the fundamental manner in which each factor influences managerial decisions.
(Hints:
Calculate profit in the short run by using the price and output levels you generated in part 5. Optional: You may want to compare this to what profit would have been in Assignment 1 using the cost function provided here. Calculate profit in the long run by using the output level you generated in part 5 and cost data in part 3 and assuming that the selling environment will likely be very competitive. Determine why this would be a valid assumption.)
7.Recommend two (2) actions that the company could take in order to improve its profitability and deliver more value to its stakeholders. Outline, in brief, a plan to implement your recommendations.
8.Use at least five (5) quality academic resources in this assignment. Note: Wikipedia does not qualify as an academic resource. Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
Assignment 1: Demand Estimation
Imagine that you work for the maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April.
Note: The following is a regression equation. Standard errors are in parentheses.
QD = -2,000 – 100P + 15A + 25PX + 10Y
(5,234) (2.29) (525) (1.75) (1.5)
R2 = 0.85 n = 26 F = 35.25
Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent variables:
QD = Quantity demanded of a unit (dependent variable)
P (in cents) = 200 cents per unit (price per unit)
PX (in cents) = 300 cents per unit (price of leading competitor’s product)
Y (in dollars) = $5,000 (per capita income in the Standard Metropolitan Statistical
Area (SMSA) where the 26 supermarkets are located)
A (in dollars) = $640 (monthly advertising expenditures)
Write a four to six (4-6) page paper in which you:
1. Compute the elasticities for each independent variable. Note: Write down all of your calculations.
2. Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a rationale in which you cite your results.
3. Recommend whether you believe that this firm should or should not cut its price to increase its market share. Provide support for your recommendation.
4. Assume that all the factors affecting demand in this model remain the same, but that the price has changed. Further assume that the prices are 100, 200, 300, 400, 500, 600 cents.
• Plot the demand curve for the firm.
• Plot the corresponding supply curve on the same graph using the following supply function (with the same prices 100, 200, 300, 400, 500, and 600 cents):
QS = -7909.89 + 79.0989P
• Determine the equilibrium price and quantity. (Show this graphically and/or calculate using algebra.)
5. What short-term and long-term changes in market conditions could shift the demand and supply curves for this product?
6. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia does not qualify as an academic resource.
Your assignment must follow these formatting requirements:
• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
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analyze and communicate a data set using inferential statistics.
/in Uncategorized /by JosephData Set Analysis Project: Instructions
• This week, you will analyze and communicate a data set using inferential statistics. •Using the article/research/study that you selected for your Unit 8 Discussion Board, address the following questions:•What is the intended purpose of the study? •How does the research questions/hypotheses address the problem as detailed by the researcher? •How does the content in the purpose statement and research questions define the methodology used in the study? •How was the data collected and analyzed? •What was the benefit of using the selected statistical test? •What was the outcome of the study?
Requirements
•Using one (1) of the methods below, develop a final project addressing the Assignment questions:•3–5 page executive summary •Power Point presentation (15–20 slides) •Infographic •Educational/training packet or guide •Other method approved by your instructor
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What sanctions did your social group place on you for your behavior?
/in Uncategorized /by JosephDeviant behavior violates standards and expectations of a group social norm. Reflect on a time when you violated a widely shared and understood norm of your society. What was the norm? What was the violation? What sanctions did your social group place on you for your behavior?
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justify why a particular recommendation evaluation criterion or in the case of assessment
/in Uncategorized /by Josephcritical questioning in business
You are required to formulate five (5) critical questions that would be relevant to analyse the case study. You must justify your choice of questions. You are NOT required provide an analysis of the case study. This is an exercise in critical questioning.
Word length: 1000 words
Weight: 20%
Due: Monday 24 August 2015 10:00am
Submission: On Blackboard via Turnitin
Assessment Criteria
1. Appropriate formulation of critical questions
2. Justification of critical questions
3. Sound reasoning demonstrated in discussing relative effectiveness of questions
4. Use of an academic writing style
5. Adherence to the BSRG
See Unit of Study outline for full details on Word Count and Late penalties.
The case study (Meli Marine) is found at the link below.
You are encouraged to refer to the week 2 lecture for tips on formulating critical questions.
Common Assessment Errors
In BUSS5000 assessments we often see some common errors. This list is designed to help you avoid these errors in your assessment 2.
Common error #1:
Students do not provide support for their arguments. All arguments statements and/or claims made in assessments must be appropriately supported using research of theory and/or evidence. For example stating:
ANZ is the best bank in Australia is not sufficient. That statement must be supported with evidence and data to show that ANZ is the best bank in Australia and by what standard.
Arguments should also always clearly outline the standard or criteria by which something is being measured. For example stating ANZ is the best bank in Australia based on customer satisfaction and supporting that statement with data on customer satisfaction would be an appropriate argument.
In finding appropriate evidence to support arguments students are required to conduct additional relevant research. It is not sufficient to only rely on the readings and lectures from BUSS5000 as research.
Common error #2:
Students do not justify why a particular recommendation evaluation criterion or in the case of assessment 2 a particular critical question is relevant specifically to the case study the assessment/assessment question is based on. For example if you were required to provide a recommendation to ANZ to improve their performance stating: Innovation is important to company success therefore ANZ should innovate on its current product offering is not an appropriate recommendation. It does not tell the reader why innovation is particularly important to ANZ in their specific context.
For assessment 2 the critical questions you formulate must be justified as particularly relevant to the Meli Marine case study considering the company context and the environment in which it is operating.
Common error #3:
Students misunderstand the assessment requirements and misunderstand the assessment criteria.
To avoid this check your understanding of the assessment requirements by re-reading the assessment requirements in the Unit of Study outline through discussion with different classmates or by posting questions on Q&A.
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He starts sliding and slows at a constant deceleration of 0.52 m/s^2. During the first 4 seconds, how far has he traveled?
/in Uncategorized /by JosephA hockey player who is skating at a velocity of 15.0 m/s toward the center of the ice suddenly stops skating. He starts sliding and slows at a constant deceleration of 0.52 m/s^2. During the first 4 seconds, how far has he traveled? How long does he take to come to a stop? What is his velocity at t=7.0 s?
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Discuss the pros and cons of Aaron Feuerstein’s decision making
/in Uncategorized /by JosephQuestion
300-500 words
Review the following articles and video:
Was Aaron Feuerstein Wrong?
Putting people before profits: Classic PR case study, but without the fairytale ending
Answer the following questions regarding what you just read and watched:
Explain why Aaron Feuerstein felt his decisions were necessary for his company and for his employees.
Discuss the pros and cons of Aaron Feuerstein’s decision making, and explain if or how you would have handled his situation differently if you were in his shoes.
Apply virtue ethics and corporate social responsibility to his situation.
A minimum of 1 reference should be used to reinforce your thoughts. Be sure to include it both as an in-text citation and on your reference list at the end of your discussion post.
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Identify complementary or substitute goods that might alter someones belief that a demand is inelastic
/in Uncategorized /by JosephElasticity is an important concept in economics and business management. An inelastic demand allows Show more Elasticity is an important concept in economics and business management. An inelastic demand allows firms to raise prices and make a higher profit whereas a highly elastic demand would cause the firm to lose money if they raised prices. Pick a single product or service and offer your opinion on these points: Is the demand for the good or service elastic or inelastic? Be sure to explain why you hold that belief. Is the good a normal good or an inferior good? Once again say why. For your subsequent posts expand the discussion by doing one or more of the following: Identify complementary or substitute goods that might alter someones belief that a demand is inelastic. (For example the demand for a mens razor blade holder is highly elastic; firms give them away. However once you have the holder most firms charge quite a bit for the blades making the combination of blade and holder less elastic.) Identify how demand for the good would change if there were a change in the economy (e.g. if we were in a recession). Show less
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Describe your organization and explain what kind of education / training it provides. Explain the current systems and processes used for education / training in your organization. Identify the key internal administrative and educational stakeholders from your organization that will access and / or maintain the LMS. Specify each stakeholder’s role for the LMS.
/in Uncategorized /by JosephDescribe your organization and explain what kind of education / training it provides. Explain the current systems and processes used for education / training in your organization. Identify the key internal administrative and educational stakeholders from your organization that will access and / or maintain the LMS. Specify each stakeholder’s role for the LMS.
Imagine that you work for an educational organization or a training department for an organization (e.g., K12, higher education, corporate training, military, or non-profit). Your organization is procuring a new Learning Management System (LMS) for online education or training needs.
Note: You may use aspects of existing processes from either your current or a former place of employment. However, you must remove any and all identifying information that would enable someone to discern the organization[s] that you have used. You may also create and / or make all necessary assumptions needed for the completion of these assignments.
The following resources may help you with this assignment:
Article titled “LMS Needs Analysis – Questions To Ask When Reviewing Systems”, located athttp://www.funderstanding.com/educators/lms-needs-analysis-questions-to-ask-when-reviewing-systems/ Article titled “Resources for Procuring the ‘Right’ Learning Management System”, located at https://www.opm.gov/policy-data-oversight/training-and-development/reference-materials/procuring_lms.pdf Write a four to six (4-6) page paper in which you:
Describe your organization and explain what kind of education / training it provides. Explain the current systems and processes used for education / training in your organization. Identify the key internal administrative and educational stakeholders from your organization that will access and / or maintain the LMS. Specify each stakeholder’s role for the LMS. Determine at least five (5) key specific needs of the organization that you foresee will benefit from an LMS based upon the stakeholders’ roles. Justify your response. Prioritize and classify the needs that you determined in Question 3 in order to select the right LMS for your organization. Justify your response. Suggest a strategy for assessing proprietary and open-access LMSs to correspond with the needs of your organization. Provide a rationale for your suggestion. Provide at least two (2) reliable, relevant, peer-reviewed references (no more than one [1] used previously), published within the last five (5) years that support the paper’s claims. Format your assignment according to the following formatting requirements: Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length. Include a reference page. Citations and references must follow APA format. The reference page is not included in the required page length
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