# BUS 640 GENIUS Successful Learning/bus 640 genius... - Flashcards

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 Class: CHEM 212A - Organic Chemistry Subject: Chemistry University: Cuesta College Term: Fall 2014
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 BUS 640 Week 4 DQ 2 Local Market Power FOR MORE CLASSES VISIT www.bus640genius.com     Local Market Power. Bulls Eye department store specializes in the sales of discounted clothing, shoes, household items, etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target, located 49 miles away in Eagar. Bulls Eye, therefore, has some market power in its local area. Despite having some market power, Bulls Eye is currently suffering losses. An analyst at Bulls Eye is recommending to the manager to raise prices, so that profitability can be improved. The manager is unsure of this strategy as recent data points to increasing numbers of individuals shopping more and more. What are the pros and cons of raising the prices at Bulls Eye and would that strategy be profitable? BUS 640 Week 4 Journal Economics in News FOR MORE CLASSES VISIT www.bus640genius.com     BUS 640 Week 4 Journal  Economics in News BUS 640 Week 4 Market Structures and Pricing Decisions Applied Problems (New) FOR MORE CLASSES VISIT www.bus640genius.com     Market Structures and Pricing Decisions Applied Problems. Please complete the following two applied problems:   Problem 1: Robert’s New Way Vacuum Cleaner Company is a newly started small business that produces vacuum cleaners and belongs to a monopolistically competitive market. Its demand curve for the product is expressed as Q = 5000 – 25P where Q is the number of vacuum cleaners per year and P is in dollars. Cost estimation processes have determined that the firm’s cost function is represented by TC = 1500 + 20Q + 0.02Q2. Show all of your calculations and processes. Describe your answer for each question in complete sentences, whenever it is necessary. a. What are the profit-maximizing price and output levels? Explain them and calculate algebraically for equilibrium P (price) and Q (output). Then, plot the MC (marginal cost), D (demand), and MR (marginal revenue) curves graphically and illustrate the equilibrium point. b. How much economic profit do you expect that Robert’s company will make in the first year? BUS 640 Week 5 DQ 1 Good Will in Price Bidding FOR MORE CLASSES VISIT www.bus640genius.com     Good Will in Price Bidding. Sometimes, a bidder on a work contract may bid lower than what would maximize his/her profit from the contract and the reason for that is to create goodwill (to increase expected future business from the buyer). How would you value the goodwill that is obtained in this way?
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BUS 640 All New Assignments

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Week 1

Problem 1:

A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of \$12 million in Year 0 (the current year), or in parts, in which \$7 million can be provided at the end of Year 1, and another \$7 million can be provided at the end of Year 2.

Describe your answer for each item below in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

Assuming the opportunity interest rate is 8%, what is the present value of the second alternative mentioned above? Which of the two alternatives should be chosen and why?

How would your decision change if the opportunity interest rate is 12%?

Provide a description of a scenario where this kind of decision between two types of payment streams applies in the “real-world” business setting.

Problem 2:

The San Diego LLC is considering a three-year project, Project A, involving an initial investment of \$80 million and the following cash inflows and probabilities:

BUS 640 Entire Course

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BUS 640 Week 1 DQ 1 Firm Objectives BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems (New) BUS 640 Week 2 DQ 1 Marginal Rate of Substitution BUS 640 Week 2 DQ 2 Demand Elasticity BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems (New) BUS 640 Week 3 DQ 1 Relevant Costs BUS 640 Week 3 DQ 2 Contribution Analysis BUS 640 Week 3 Production Cost Analysis and Estimation Applied Problems BUS 640 Week 3 Production Cost Analysis and Estimation Applied Problems (New) BUS 640 Week 4 DQ 1 Strategic Behavior Oligopolies BUS 640 Week 4 DQ 2 Local Market Power BUS 640 Week 4 Market Structures and Pricing Decisions Applied Problems BUS 640 Week 4 Market Structures and Pricing Decisions Applied Problems (New) BUS 640 Week 5 DQ 1 Good Will in Price Bidding BUS 640 Week 5 DQ 2 New Product Introduction BUS 640 Week 5
BUS 640 Week 1 DQ 1 Firm Objectives

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Firm Objectives. Why do some business firms pursue a triple-bottom-line outcome while others focus only on profit maximization? Please, use a real company example to illustrate your points

BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty

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Decision Making Under Uncertainty. To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work. Edith preferred to travel on I-20 highway as it was usually the fastest, taking 25 minutes in the absence of traffic delays. Mathew pointed out that traffic jams on the highway can lead to long delays making the trip 45 minutes. He preferred to travel along Shea Boulevard, which was longer (35 minutes), but rarely had traffic jams. Edith agreed that in case of traffic jams, Shea Boulevard was a reasonable alternative. Neither of them knows the state of the highway ahead of time.

After driving to work on the I-20 highway
BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems (New)

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BUS640 week 1 Assignment

Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of \$12 million in Year 0 (the current year), or in parts, in which \$7 million can be provided at the end of Year 1, and another \$7 million can be provided at the end of Year 2.

Describe your answer for each item below in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

Assuming the opportunity interest rate is 8%, what is the present value of the second alternative mentioned above? Which of the two alternatives should be chosen and why?
How would your decision change if the opportunity interest rate is 12%?
Provide a description of a scenario where this kind of decision between two types of payment streams applies in the “real-world” business setting.

BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems (New)

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Week 2 Assignment

Consumer Demand Analysis and Estimation Applied Problems

Please complete the following two applied problems:

Problem 1:

Patricia is researching venues for a restaurant business. She is evaluating three major attributes that she considers important in her choice: taste, location, and price. The value she places on each attribute, however, differs according to what type of restaurant she is going to start. If she opens a restaurant in a suburban area of Los Angeles, then taste is the most important attribute, three times as important as location, and two times as important as price. If she opens a restaurant in the Los Angeles metropolitan area, then location becomes three times as important as taste and two times as important as price. She is considering two venues, respectively, a steak restaurant and a pizza restaurant, both of which are priced the same. She has rated each attribute on a scale of 1 to 100 for each of the two different types of restaurants.

Attribute

Steak Restaurant

Pizza  Restaurant

Taste

80

70

Location

55

BUS 640 Week 2 DQ 1 Marginal Rate of Substitution

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Marginal Rate of Substitution. What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitutes one product for another? Use examples to illustrate

BUS 640 Week 2 DQ 2 Demand Elasticity

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Demand Elasticity. Please, read the article Hainer, R. (2010), provided in the required readings section for this week. The tobacco industry is a prime example to consider when talking about price elasticity of demand. While nicotine use can be addictive for many users, it is not addictive for the so-called "social smokers".

What can we say about the price elasticity of demand for nicotine products (such as cigarettes, pipes, tobacco) in the group of nicotine addicted users, versus the group of "social smokers"? Can we say whose demand is likely to be more elastic? Why?

BUS 640 Week 3 DQ 1 Relevant Costs

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Relevant Costs. Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding, installation, and maintenance. Recently, the partners acquired special technology and know-how for winter grass installations and maintenance. They also added a tree cutting service as recent storms in the area had caused demand for this service to soar. One of the partners insists that the name of the business should change to Lawn and Tree Care, so that it better reflects the range of services and, thus, generates more customer interest, and thus contracts. The second partner wants to keep the old name and argues, “We have already paid for business cards, vehicle paint, signage, and ads in Yellow Pages”. Evaluate the arguments of the two partners. Explain and illustrate their points by identifying the relevant and irrelevant costs for this decision.

BUS 640 Week 3 DQ 2 Contribution Analysis

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Contribution Analysis. Explain what is meant by “contribution analysis”. Carefully define the term and provide examples to illustrate it.

BUS 640 Week 3 Production Cost Analysis and Estimation Applied Problems (New)

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Production Cost Analysis and Estimation Applied Problems

Please complete the following two applied problems:

Problem 1:

William is the owner of a small pizza shop and is thinking of increasing products and lowering costs. William’s pizza shop owns four ovens and the cost of the four ovens is \$1,000. Each worker is paid \$500 per week.

Workers employed

Qty of pizzas produced per week

0

0

1

75

2

180

3

360

4

600

5

900

6

1140

7

1260

8

1360

Show all of your calculations and processes. Describe your answer for each question in complete sentences, whenever it is necessary.

a.     Which inputs are fixed and which are variable in the production function of William’s pizza shop? Over what ranges do there appear to be increasing, constant, and/or diminishing returns to the number of workers employed?

BUS 640 Week 4 DQ 1 Strategic Behavior Oligopolies

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Strategic Behavior Oligopolies. An interesting example of strategic behavior comes from a 1997 article about Microsoft’s investment in Apple (New Straits Times, 1997). The article is included in the Required Readings list. Facing tough anti-trust scrutiny from government agencies, Microsoft provided financial support to Apple in order to ensure Apple’s survival and, therefore, to ensure that competitiveness in the industry remains. Moreover, the partnership with Apple provided an additional market for Microsoft’s products – the MS Office and the IE products were to be bundled with the MAC OS as one of the conditions for this financing.
BUS 640 Week 4 DQ 2 Local Market Power

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Local Market Power. Bulls Eye department store specializes in the sales of discounted clothing, shoes, household items, etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target, located 49 miles away in Eagar. Bulls Eye, therefore, has some market power in its local area. Despite having some market power, Bulls Eye is currently suffering losses. An analyst at Bulls Eye is recommending to the manager to raise prices, so that profitability can be improved. The manager is unsure of this strategy as recent data points to increasing numbers of individuals shopping more and more. What are the pros and cons of raising the prices at Bulls Eye and would that strategy be profitable?

BUS 640 Week 4 Journal Economics in News

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BUS 640 Week 4 Journal  Economics in News

BUS 640 Week 4 Market Structures and Pricing Decisions Applied Problems (New)

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Market Structures and Pricing Decisions Applied Problems.

Please complete the following two applied problems:

Problem 1:

Robert’s New Way Vacuum Cleaner Company is a newly started small business that

produces vacuum cleaners and belongs to a monopolistically competitive market. Its

demand curve for the product is expressed as Q = 5000 – 25P where Q is the number of

vacuum cleaners per year and P is in dollars. Cost estimation processes have determined

that the firm’s cost function is represented by TC = 1500 + 20Q + 0.02Q2.

complete sentences, whenever it is necessary.

a. What are the profit-maximizing price and output levels? Explain them and calculate

algebraically for equilibrium P (price) and Q (output). Then, plot the MC (marginal

cost), D (demand), and MR (marginal revenue) curves graphically and illustrate the

equilibrium point.

b. How much economic profit do you expect that Robert’s company will make in the

first year?

BUS 640 Week 5 DQ 1 Good Will in Price Bidding

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Good Will in Price Bidding. Sometimes, a bidder on a work contract may bid lower than what would maximize his/her profit from the contract and the reason for that is to create goodwill (to increase expected future business from the buyer). How would you value the goodwill that is obtained in this way?

BUS 640 Week 5 DQ 2 New Product Introduction

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New Product Introduction. Bayer Schering Pharma AG, Germany owns the Alka-Seltzer, which was launched in 1931 and was meant for relief of minor aches, pains, inflammation, fever, headache, heartburn, sour stomach, indigestion, and hangovers. The Alka-Seltzer Plus was a spin-off of the original medicine, meant to relieve colds and flu.

The company has recently introduced a new and improved Alka-Seltzer Plus, as described in the TV ad: “The Cold Truth”, (please, watch the ad listed in the Required Readings)

BUS 640 Week 5 Price Quotes and Pricing Decisions Applied Problems (New)

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Week 5 Assignment

Price Quotes and Pricing Decisions Applied Problems

Please complete the following two applied problems:

Problem 1:

Jessica Alba, a famous actress, starts the baby and family products business, The Honest Company, with Christopher Gavigan. Alba and Gavigan set up their site so families can choose what kinds of non-toxic, all-natural products they'd like to use and get them in a bundle. Families can choose all kinds of products from food to hygiene necessities and cleaning supplies. Suppose they are thinking of expanding their business into five domestic markets: Phoenix, Dallas, Chicago, New York, and Atlanta. Assume their primary goal of business is to maximize economic profits, although they want to do business honestly.

Show all your calculations and process. Describe your answer for each question in three- to five-complete sentences.

BUS 640 Week 6 DQ 1 Game Theory and Strategic Behavior

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Game Theory and Strategic Behavior. Suppose that GE is trying to prevent Maytag from entering the market for high efficiency clothes dryers. Even though high efficiency dryers are more costly to produce, they are also more profitable as they command sufficiently higher prices from consumers. The following payoffs table shows the annual profits for GE and Maytag for the advertising spending and entry decisions that they are facing.

Based on this information, can GE successfully prevent Maytag from entering this market by increasing its advertising levels? What is the equilibrium outcome in this game?

BUS 640 Week 6 DQ 2 Sustainable Competitive Advantage

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Sustainable Competitive Advantage. Describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage. What about the situations when a differentiation strategy is chosen? Provide specific real world examples.

BUS 640 Week 6 Final Paper (Apple)

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We have another set of final paper based on walmart which could be found on this link

Focus of the Final Paper

Research a specific company of your choice and identify some of the managerial decisions that were made over time and in response to changes in its market or competitive environment. Use the Ashford University Online Library and web-based sources for your research. At least three external scholarly sources must be used. Address all of the following areas:

Describe the company and provide a brief history of its operations. Find or use graphs to illustrate its financial performance over the years.

Identify any sources of risk or uncertainty in its operations. Do the financial reports indicate risky or uncertain activities or changes to the economic environment that ultimately appear to have affected the company’s financial outcomes? Be specific.

BUS 640 Week 6 Final Paper (Wal-mart)

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We have another set of Final Paper based on Apple company, it could be found on this link

BUS640 Week 6 Paper(Wal-Mart)

Managerial Decision Making Research and Analysis

Research a specific company of your choice and identify some of the managerial decisions that were made over time and in response to changes in its market or competitive environment. Use Ashford University Online library and web-based resources for your research. At least 3 external resources must be used. Address all of the following areas:

Focus of the Final Paper

Describe the company and provide a brief history of its operations. Find or use graphs to illustrate its financial performance over the years.

Identify any sources of risk or uncertainty in its operations. Do the financial reports indicate risky or uncertain activities or changes to the economic environment that ultimately appear to have affected the company’s financial outcomes? Be specific.

Are there any government regulations that have affected this company’s operations domestically or abroad? Explain.

Describe the inputs that are used in this company’s production function and identify any challenges to securing these inputs.

Determine if the company has introduced new products in existing markets or created new markets over time. What is the impact on its finances?

Determine if the price of its products increased or declined over time and analyze the reasons for price fluctuations. Study the demand elasticity for its products and discuss the availability of close substitutes for its products. How does that affect pricing decisions?

Analyze the company’s profitability. Identify the economy or industry influences on its costs, operations, and profitability.