BUS 5110-01 - AY2024-T3_ Week 5 of 8 Discussion _ Home

Suppose that you are the manager of a studio cafe, and you are planning to invest on a new camera and a coffee maker designed to increase the productivity of your employees and output (services) produced. Your analyst provided you the following information: Complete the table;Should the new camera and coffee maker be purchased? Explain your answer based on the incremental analysis.

According to the Resource-Based View, which of the following is most likely to result in sustainable above-normal profit rates?     Access to a strong CEO that can lead the firm to an unprecedented level of market share     Access to intangible resources that are currently producing significant value     Access to complex capabilities that are currently producing significant value     Access to tangible resources that are currently producing significant value.

Key building blocks of good decision making include the ability to visualize, analyze, and verbally communicate ideas effectively. Large volumes of data can be particularly complex to understand and present. However, if data is visually presented through a combination of meaningful charts, text, and a verbal narrative, the intended audience can better engage in the discussion of the facts, patterns, and findings that must be acknowledged before moving to the decision-making stage. You take on the role of a new restaurant owner who is checking on sales since the opening of your establishment in January. You have just downloaded the following sales data from your financial software: Module Four Discussion Sales Data Spreadsheet . It includes sales by food item for each month you have been in business. You would like to create visualizations that illustrate which items are selling well and how the business is doing month by month. What have you been able to identify through the visual…

. As the owner of Barney’s Broilers—a fast-food chain—you see an increase in the demand for broiled chicken as consumers become more health conscious and reduce their consumption of beef and fried foods. As a result, you believe it is necessary to purchase another oven to meet the increased demand. To finance the oven you go to the bank seeking a loan. The loan officer tells you that your revenues of $750,000 are insufficient to support additional debt. To qualify for the loan, Barney’s Broilers’s revenue would need to be $50,000 higher. In developing a strategy to generate the additional revenue, you collect data on the price (in cents) per pound you charge customers and the related quantity of chicken consumed per year in pounds. This information is contained in the file called Q18.xls available online at www.mhhe.com/baye8e It is also available in the ‘Assignments’ section of the class Blackboard page in ‘MBA 6150 HW 3 Q18 data set’ file. Use that data and a log-linear demand…

When marginal cost is greater than marginal benefit at the current activity level, the decision maker can increase net benefit by decreasing the activity because total cost will fall by more than total benefit will fall. net benefit is upward sloping at this point. marginal cost is rising faster than marginal benefit is falling. total benefit will rise by more than total cost will rise.

Your client, InsureCorp, is an insurance company considering launching an ‘income insurance’ product in the island nation of Autarka. Income insurance is a product that fully insures a household against changes in income caused by a major injury or illness. At present, no businesses are selling income insurance products in Autarka. Initial market research suggests that there are 10,000 households in Autarka interested in purchasing income insurance. Your client expects that the fixed cost of launching the income insurance product will be $20,000,000 per year, and that each policy issued to a customer will cost the company an additional $1,500 in sales commissions. What is the maximum price the company can charge a household for an income insurance policy? What is the expected profit (or loss) for the company if it becomes a monopoly provider of income insurance? Is there a risk that rival insurance companies will also enter the market, selling identical income insurance products? If…

Organization Development is a planned change discipline concerned with applying behavioral science knowledge and practice to help organizations achieve greater effectiveness.  In this course, you will conduct an analysis of your organization with the goal of creating a plan to improve an aspect of your organization’s performance. Each unit will build on the previous complete to achieve the goal. Organization Development is a planned change discipline concerned with applying behavioral science knowledge and practice to help organizations achieve greater effectiveness. To complete the performance analysis as it will score 3 different categories: (1) capability, (2) motivation, and (3) support system. That is done by assigning a number (1-10) for each factor and then multiplying them. One (1) is the lowest score where work is needed to improve and Ten (10) is the highest number where you have excelled. Capability Score. Assign a number between 1 and 10. Explain and elaborate on how…

According to Noe (2010pp.125-135) there are three stages involved in the HR Planning Process. • Forecasting• Goal Setting and strategic planning• Implementing and EvaluationA recent report on executive awareness of and involvement in corporate pandemic preparedness by Michael Evangelides, principal at Deloitte Consulting LLP, most top executives and boards of directors are not engaged in the influenza pandemic planning process and won't give it equal billing to other potential disruptions until at least one of the following occurs:• Media attention to pandemic influenza increases.• Legislation or regulation emerges, requiring a high level of preparedness.• Shareholders and investors demand a high level of preparedness.• The financial impact of a pandemic on the corporation becomes evident.Obviously, planners can do little to nudge along the first three prerequisites. But, fortunately, the fourth is in their sphere of influence. And it is worth pursuing, says Penny Turnbull, senior…

A company produces two products in (continuous) quantities q1 and q2. At the current production levels, the total revenue is equal to 240 monetary units. Marginal revenue with respect to q1 is 2.1 monetary units and marginal revenue with respect to q2 is 1.5 monetary units. An increase of q1 by 1 unit costs 1.5 monetary units; an increase of q2 by 1 unit costs 1 monetary units. The company will increase its budget by 10 monetary units. It intends to spend the extra budget either on a production increase of the first product only or a production increase of the second product only. Which is most profitable and what extra revenue can the company expect?

What is the principal goal of a firm like CorpCo? As a managerial economist how would you define an ‘optimal decision’ for a firm?  The firm is considering investing $300,000 for a period of five years. Expected earnings are $50,000 in year 1, $60,000 in year 2, $75,000 in year 3 and $90,000 in years 4 and 5. Should the firm decide to invest, if the interest rate is 8%?  The firm paid a dividend of $6 during the past year and it estimates dividends to grow at 7% annually in the future. Firm’s stockholders require a rate of return of 14%. What would be the expected value of each share today?   Which are the two basic risks affecting returns when shareholders value any business? Briefly explain.

One of the basic functions of budgeting process is delegating authority  streamlining expenditures evaluating managerial performance  implementing structural change in a company  All of the above

Economists describe short-run decisions as "constrained" decisions, while long-run decisions are described as "planning" decisions. Referring to a firm's short-run average cost function and long-run average cost function, explain this distinction.

The global recession forced thousands of firms into bankruptcy. Does this fact alone confirm that “external factors are more important than internal factors” in strategic planning?

When deciding upon the optimal amount of capital, a firm will decide to purchase additional capital if (CV) When deciding upon the optimal amount of capital, a firm will decide to purchase additional capital if the cost of capital falls below the previous period's cost the marginal benefit of capital equals or exceeds the marginal cost of the capital the marginal benefit of capital is less than the marginal cost of the capital the additional capital will add necessitate hiring more labor

Neuroeconomics attributes time-inconsistency to (A) high levels of the oxytocin hormone; (B) the quasi-hyperbolic discounting of future consumption; (C) the two distinct systems (spontaneous System 1 and calculating System 2)of decision making; (D) risk aversion.

The moral hazard in team production arises from Question 2 Possible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT: Question 3 Income tax payments are an example of ____. Question 4 In the shareholder wealth maximization model, the value of a firm's stock is equal to the present value of all expected future ____ discounted at the stockholders' required rate of return. Question 5 The form of economics most relevant to managerial decision-making within the firm is: Question 6 The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the performance of the plasma screen makers? Question 7 The level of an economic activity should be increased to the point where the ____ is zero. Question 8 A change in the level of an economic activity is desirable and should be undertaken as long as the marginal benefits exceed the ____. Question 9 Based on…

Give typing answer with explanation and conclusion    7. JUSTIFICATION OR RATIONALE OF THE STUDY (150 words)   Justification of the study is also known as the rationale of the study whereby the justification or reasons for the study are provided. It answers the questions: “Why is the study important?” “To whom is it important? “What benefit will occur if the study is done?”   Ensure that you are clearly stating who the study will benefit and how they will benefit from the study.   Additionally, state how the study will add to the body of knowledge in the study area.

Indicate whether each of the following is anexplicit cost or an implicit cost.a. A manager’s salaryb. Payments to Dell for computersc. A salary forgone by the owner of a firm byoperating his or her own companyd. Interest forgone on a loan an owner makes tohis or her own companye. Medical insurance payments a companymakes for its employeesf. Income forgone while going to colle

An entrepreneur wants to open a hotel in Puerto Escondido, Oaxaca. Two key variables that should be anticipated to estimate the number of rooms that maximize future profit should be? Total costs and marginal costs Average costs and marginal costs Total income and marginal income Total revenue and total costs

(Alternative Measures of Profit) Calculate the accounting profit or loss as well as the economic profit or loss in each of the following situations: A firm with total revenues of $150 million, explicit cost of $90 million, and implicit costs of $40 million A firm with total revenues of $125 million, explicit cost of $100 million, and implicit costs of $30 million A firm with total revenues of $100 million, explicit cost of $90 million, and implicit costs of $20 million and A firm with total revenues of $250,000, explicit cost of $275,000, and implicit costs of $50,000 please i'd like to see the steps who we get the answers so i understand thank you so much :)

A technological change that permanently lowered energy costs would cause the:   Group of answer choices AS curve to shift to the left.   AS curve to shift to the right   AD curve to shift to the left. AD curve to shift to the right.

List the chief advantages and shortcomings of using breakeven analysis in pricing decisions. Breakeven analysis is a means of determining the number of goods or services that must be sold at a given price to generate revenue sufficient for covering total costs. It is easily understood by managers and may help them decide whether required sales levels for a certain price are realistic goals. Its shortcomings are as follows. First, the model assumes cost can be divided into fixed and variable categories and ignores the problems of arbitrarily making some allocations. Second, it assumes that per-unit variable costs do not change at different levels of operation, ignoring the possibility of quantity discounts, more efficient use of the workforce, and other possible economies. Third, the basic breakeven model does not consider demand. It is a cost-based model and fails to directly address the crucial question of whether consumers will actually purchase the product at the specified price and…

Management of AG Travel and Tour has identified two groups of individuals that would be interested in the vacation package consisting of room and board and/or entertainment. The maximum amount that group 1 is willing to pay for room and board is GHC 2500 and for entertainment is GHC 500. For group 2, the maximum amount they are willing to pay for room and board is GHC 1800 and for entertainment is GHC 750. Although AG Travel and Tour is not able to identify members of either group, it does know that each group values the components of the package differently. Assuming there are an equal number of members in each group and that the total membership in each group is a single individual. If the marginal cost of providing the service (room and board and/or entertainment) to each group is GHC 1000.i. How much will the hotel charge members of each group for the vacation package if it could identify the members in each group? ii. How much will the profit for AG Travel and Tour be? iii. Since…