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May 24, 2024
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n 1
1 / 1 point
The external environment can be controlled by the business managers.
a) True
b) False
Question 2
1 / 1 point
The COVID-19 pandemic brought about the following changes in the workplace:
a) Increased healthcare facilities
b) Work from home options
c) Better online networking
d) All of the above
Questi
on 3
1 / 1 point
The internal environment of a business includes stakeholders like
a) customers
b) employees
c) managers d) All of the above
Questi
on 4
1 / 1 point
In ____________ companies give exclusive rights to firms in other countries to manufacture or market their products in that country
a) Branch offices
b) Strategic alliance
c) Licensing arrangements
d) FDI
Questi
on 5
1 / 1 point
Research that focuses specifically on how technology can be applied to develop a product or service that
can be sold in the market is known as applied research.
a) True
b) False
Question 6
1 / 1 point
A firm that makes products in one country and sells in another is known as a
a) Importer
b) Exporter
c) Multinational marketer
d) International marketer
Questi
on 7
1 / 1 point
Language barriers can create hurdles while conducting international business.
a) True
b) False
Question 8
1 / 1 point
Customs, values, attitudes, and demographic characteristics of the society in which a business functions constitute a firm's
a) Economic environment
b) Sociocultural environment
c) Political/legal environment
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Related Questions
2:22
Done dc.instructure.com AA Ć
i
Tou must
UIC SCCIIg Tepilcs.
Edit history will be available to
instructors.
No Due Date
<
13 Replies (13)
10 points
Discussion: Implementing Strategies
Respond to the prompt below in 200 - 300 words. Reply to
at least one other student in 50 - 100 words.
What might interfere with the realization of an intended
strategy? What could prevent a strategy from being
successful?
Moris, John. 2019. Strategic Management 2E. Unit 1
Exercises. Retrieved from
https://open.oregonstate.education/strategicmanagement2e/c
exercises/.
◄ Previous
Reply
Next▸
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e [due Mon]
5 Making Effective Decisions
Often illustrated with a graph or a table,
shows the results under different sets of assumptions.
opportunity cost
marginal analysis
marginal thinking
sensitivity analysis
Save for Later
JAN
18
080
MacBook Air
08
F3
DD
F4
F5
F8
95
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3
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EXERCISE 3
Directions: Identify what type of hazard are the given examples below.
Heavy, frequent or awkward lifting
Slipping
Unguarded moving machines
Human or animal blood or body fluids
Pesticides and herbicides
Your answers here:
1.
2.
3.
4.
5.
arrow_forward
365 ht, Library, and ng Resources soft Teams ngs soft Teams s "Marble Madness" is a local carnival game, costing $2. There are 100 total marbles in a bag: 2 red, 8 orange, 10 yellow, 30 green, 30 blue, and 20 black. If a red marble is pulled, you win $6, an orange marble wins $4, and a yellow marble wins $2. A green, blue, and black marble result in a loss of the $2 cost to play. What is the expected value of a marble pull? Provide your answer below
arrow_forward
Solve the following problems. Graph the result then interpret the results.
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Suppose the A&G Fuel Company wants to build three pipelines that would carry fuels under your city. The pipelines pose risks of groundwater contamination and explosion. For each pipeline the table
below shows the marginal benefit to A&G Fuel Company and the marginal cost of expected damages to residents (in millions of dollars).
Marginal Cost
(added damages)
Pipelines
Total Profits
Marginal Benefit
for A&G Fuel
Total Damage to
Residents
Company
1
120
55
2
80
75
3
70
125
a. Fill in the blanks in the table. What is the efficient number of pipelines?
b. Suppose that A&G Fuel Company has the right to build the pipelines. What is the range of offers (in millions of dollars) that the residents might make and A&G Fuel Company might accept to
eliminate the third pipeline? Between
and
(Show all the calculations)
c. If residents have the right to clean environment, at the level of output selected by A&G Fuel Company, what is the total amount of compensation A&G Fuel Company will provide to the…
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Homework (Ch 10)
8. The effects of property rights on achieving efficiency
Consider a lake found in the town of Center Barnstead, and then answer the questions that follow.
The town has a hiking lodge whose visitors use the lake for
recreation. The town also has a research lab that dumps
industrial waste into the lake. This pollutes the lake and
makes it a less desirable vacation destination. That is, the
research lab's waste decreases the hiking lodge's economic
profit.
Suppose that the research lab could use a different production method that involves recycling water. This would reduce the pollution in the lake to
levels safe for recreation, and the hiking lodge would no longer be affected. If the research lab uses the recycling method, then the research lab's
economic profit is $1,500 per week, and the hiking lodge's economic profit is $1,800 per week. If the research lab does not use the recycling method,
then the research lab's economic profit is $2,000 per week, and the hiking…
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Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
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Suppose you are part of an economic analysis team charged with recommending a policy response to pesticide risks. Explain the steps your team should take and why.
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D. Pollution problem
You know the marginal cost of reducing pollution for four factories. Each unit of pollution can be eliminated according to the following marginal costs.
A
B
C
D
First Unit
$65
$15
$30
$10
Second Unit
$75
$55
$65
$30
Third Unit
$85
$85
$110
$40
Fourth Unit
$120
$155
$120
$60
1. The total cost of Firm D eliminating 4 units of pollution
2. Determine the total cost of each firm eliminating one unit of production.
3. The community has decided that the managers of the firms are allowed to produce a total of 4 units of production. Identify the firm(s) that will pollute.
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Yowzah Bids
Yowzah receives bids from four companies we'll call A, B, C, and D to supply product for the coming year. René Descartes, the Yowzah VP of Plotting takes
the bids and creates this graph to bring to the next executive meeting.
Bid Plot ($ vs Volume)
400000
350000
300000
250000
200000
150000
100000
50000
0 H
O
1000
2000
3000
4000
-
0005
0009
A
7000
B
0008
0006
10000
11000
12000
13000
14000-
15000
16000
17000
18000
19000
20000
D
9
E
Yowzah receives a frantic call from company C. Evidently the fixed cost they quoted was in rupees rather than dollars. If the current exchange rate is 60
rupees to the dollar, what is the net effect of an updated analysis?
O Company C has the highest total cost throughout the range depicted in the graph.
O Even beyond the range depicted in the graph, company C would be the bidder of choice.
O Company C is the bidder of choice throughout the range depicted in the graph.
Company C has the highest fixed cost of all four companies.
6-05 D
2
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Please answer it its strength weaknesses threats or opportunity
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PRICE (Dollars per room)
500
450
400
350
300
250
200
150
100
50
0
0
Demand
50 100 150 200 250 300 350 400 450 500
QUANTITY (Hotel rooms)
Graph Input Tool
Market for Big Winner's Hotel Rooms
Price
(Dollars per room)
Quantity
Demanded
(Hotel rooms per
night)
Demand Factors
Average Income
(Thousands of
dollars)
Airfare from LAX to
LAS
(Dollars per
roundtrip)
Room Rate at Lucky
(Dollars per night)
200
300
40
250
250
For each of the following scenarios, begin by assuming that all demand factors are set to their original values and Big Winner is charging $200 per
room per night.
If average household income increases by 25%, from $40,000 to $50,000 per year, the quantity of rooms demanded at the Big Winner from
rooms per night to
rooms per night. Therefore, the income elasticity of demand is
, meaning that hotel rooms at the
Big Winner are
If the price of a room at the Lucky were to decrease by 20%, from $250 to $200, while all other demand factors remain at their initial values, the
quantity…
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24. Which of the following statements is FALSE?
(A) The Pfizer, Moderna, AstraZeneca and J&J vaccines do not reduce the spread of
COVID-19.
(B) COVID-19 primarily causes deaths and hospitalizations among the elderly and
those with pre-existing conditions such as obesity.
(C) Klaus Schwab started the World Economic Forum.
(D) It is impossible to get COVID-19 from an asymptomatic carrier.
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24. Which of the following statements is FALSE?
(A) The Pfizer, Moderna, AstraZeneca and J&J vaccines do not reduce the spread of
COVID-19.
(B) COVID-19 primarily causes deaths and hospitalizations among the elderly and
those with pre-existing conditions such as obesity.
(C) Klaus Schwab started the World Economic Forum.
(D) It is impossible to get COVID-19 from an asymptomatic carrier.
25. Why do lockdowns comprise a bad method to deal with COVID-19?
(A) They cause harms from other health issues, such as suicides, drug overdoses, and
missed cancer screenings.
(B) Lockdowns operationalize the beta male within each individual, hence channeling
a simp from within the chasms of the soy boy realm.
(C) Lockdowns lead to starvation in developing countries, hence causing more deaths
than COVID itself.
(D) Both A and C.
The next three questions involve the following situation.
Consider a closed economy in which C = $345 billion, G = $350 billion, Y = $1 trillion,
and T
= $100 billion.
26. What…
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Chapter 12
List and discuss the steps in the consumer decision making process.
provide an example of each step.
List and discuss the three steps in the three perspectives on decision making
Chapter 13
Describe the value equation and provide an example.
Discuss what evaluative criteria is and what determinant criteria is provide an example of each,
Describe 2 factors affect evaluative criteria.
Describe the difference between compensatory rules an non-compensatory rules.
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Pls help ASAP
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400
350
Y
300
250 B4
200
150
100
50
0
B3
0 1
2
(d) has been cut in half
O(e) has doubled
B1
B2
04. If the budget line changed from B1 to B3, then the price of X
(a) has decreased
(b) has increased
O (c) has not changed
3 4 5 6 7
8
X
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These are three sub question of one main question so solve completely otherwise leave it.
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
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quantity.
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arrow_forward
V: What are
The appraaches of measuring
which approach
and
is
more
ubiluty
applicable and why ?
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●
●
The marginal benefit to Lesley of staycations during the year at a hotel are given by the
ollowing schedule:
Number of Weekend Staycations
1
2
3
4
5
Marginal Benefit
$550
$460
$390
$250
$200
$150
If the marginal cost of a staycation at the hotel is constant and equal to $360, how many weekends at
the hotel is Lesley likely to enjoy?
If Lesley stays for 5 weekends, what is the net benefit/(cost)?
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16.
what is the ethical approach in which action results in the most good and least harm and Is concerned with the consequences of decisions?
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Quèstion 10
2'sweswwwewewE 2 Answer
OXAGON is an industrial city that will be built in NEOM. One of the factories interested to join there has been producing a dependable product used by farmers, municipalities, and suburbanites alike to co mdl grass
in fields and gardens. Contributions to NEOM revenue have been minimized by international dumping of generic glyphosate, as announced in mid-2021 due to Pandemic of COVID-19. The factory sales price was
decreased from $4,072 to $60,308 per gallon to compete with the highly competitive pricing, and it is expected that the international price will be around $6,968 per gallon. Assume when the price was set at $4,072
per gallon, there was a prediction that in 5 years the price would inflate to $9,853 per gallon. Determine the interest adjusted rate for inflation, if the inflation is 11% and the interest is 3% per year real return is
expected by the factory.
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ent-4.docx
cetumentGrp Assignment 4. Saved to this Pd v
Layout
References
Mailings
A A™ | Aa- | Ap
-I
A. DA
= = = |- |- B
demand.
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Review
if necessary.
Paragraph
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ENT
Help
For a particular video game, the company sells 160 (thousand) copies of the game when the
(thousand) copies of the game.
price of the game is $55. However, when they change the price to $45, the company sells 240
1
AaBhCcDdi AaBbCcDdi AalbC Đới
1 List Para... Normal
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Styles
a. As part of the process of finding the price elasticity of demand, what is the percent
change in quantity using the midpoint method? Round your answer to 4 decimal places
ECON 150: Microeconomics
b. As part of the process of finding the price elasticity of demand, what is the percent
change in price using the midpoint method? Round your answer to 4 decimal places if
necessary.
C. Using parts a and b, calculate the price elasticity of demand. Round your answer to 2
decimal places if necessary.
Four
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Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
PRICE (Dollars per room)
500
450
400
350
300
250
200
150
100
50
0
0
Demand
+
50 100 150 200 250 300 350 400 450 500
QUANTITY (Hotel rooms)
Graph Input Tool
Market for Oceans's Hotel Rooms
Price
(Dollars per room)
Quantity
Demanded
(Hotel rooms per
night)
Demand Factors
Average Income
(Thousands of
dollars)
Airfare from DSM to
ACY
(Dollars per
roundtrip)
Room Rate at
Meadows
(Dollars per night)
300
200
40
200
rooms per night to
,hotel rooms at the Oceans and hotel rooms at the Meadows are
200
For each of the following scenarios, begin by assuming that all demand factors are set to their original values and Oceans is charging $300 per room
per night.
If average household income increases by 50%, from $40,000 to $60,000 per year, the quantity of rooms demanded at the Oceans
rooms per night to
rooms per night. Therefore, the income elasticity of demand is
Oceans are
?
from
meaning that hotel rooms at the
If the price of a room at the Meadows were to decrease by 20%, from $200 to $160,…
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Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
Dragmmatically show and explain how oil prices dropped as concerns over fuel demand in the near term in COVID- 19 pandemic hit Europe and the United States.
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When video game marketers were investigated for allegedly raising prices excessively during the Eid al-Fitr buying season and thereby manipulating the supply of games available at that time, this was an ethical issue concerned primarily with:
a.Communications.
b.Social responsibility.
c.Conflict of interest.
d.Cost control.
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9
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- 2:22 Done dc.instructure.com AA Ć i Tou must UIC SCCIIg Tepilcs. Edit history will be available to instructors. No Due Date < 13 Replies (13) 10 points Discussion: Implementing Strategies Respond to the prompt below in 200 - 300 words. Reply to at least one other student in 50 - 100 words. What might interfere with the realization of an intended strategy? What could prevent a strategy from being successful? Moris, John. 2019. Strategic Management 2E. Unit 1 Exercises. Retrieved from https://open.oregonstate.education/strategicmanagement2e/c exercises/. ◄ Previous Reply Next▸arrow_forwarde [due Mon] 5 Making Effective Decisions Often illustrated with a graph or a table, shows the results under different sets of assumptions. opportunity cost marginal analysis marginal thinking sensitivity analysis Save for Later JAN 18 080 MacBook Air 08 F3 DD F4 F5 F8 95arrow_forward3arrow_forward
- EXERCISE 3 Directions: Identify what type of hazard are the given examples below. Heavy, frequent or awkward lifting Slipping Unguarded moving machines Human or animal blood or body fluids Pesticides and herbicides Your answers here: 1. 2. 3. 4. 5.arrow_forward365 ht, Library, and ng Resources soft Teams ngs soft Teams s "Marble Madness" is a local carnival game, costing $2. There are 100 total marbles in a bag: 2 red, 8 orange, 10 yellow, 30 green, 30 blue, and 20 black. If a red marble is pulled, you win $6, an orange marble wins $4, and a yellow marble wins $2. A green, blue, and black marble result in a loss of the $2 cost to play. What is the expected value of a marble pull? Provide your answer belowarrow_forwardSolve the following problems. Graph the result then interpret the results.arrow_forward
- Suppose the A&G Fuel Company wants to build three pipelines that would carry fuels under your city. The pipelines pose risks of groundwater contamination and explosion. For each pipeline the table below shows the marginal benefit to A&G Fuel Company and the marginal cost of expected damages to residents (in millions of dollars). Marginal Cost (added damages) Pipelines Total Profits Marginal Benefit for A&G Fuel Total Damage to Residents Company 1 120 55 2 80 75 3 70 125 a. Fill in the blanks in the table. What is the efficient number of pipelines? b. Suppose that A&G Fuel Company has the right to build the pipelines. What is the range of offers (in millions of dollars) that the residents might make and A&G Fuel Company might accept to eliminate the third pipeline? Between and (Show all the calculations) c. If residents have the right to clean environment, at the level of output selected by A&G Fuel Company, what is the total amount of compensation A&G Fuel Company will provide to the…arrow_forwardHomework (Ch 10) 8. The effects of property rights on achieving efficiency Consider a lake found in the town of Center Barnstead, and then answer the questions that follow. The town has a hiking lodge whose visitors use the lake for recreation. The town also has a research lab that dumps industrial waste into the lake. This pollutes the lake and makes it a less desirable vacation destination. That is, the research lab's waste decreases the hiking lodge's economic profit. Suppose that the research lab could use a different production method that involves recycling water. This would reduce the pollution in the lake to levels safe for recreation, and the hiking lodge would no longer be affected. If the research lab uses the recycling method, then the research lab's economic profit is $1,500 per week, and the hiking lodge's economic profit is $1,800 per week. If the research lab does not use the recycling method, then the research lab's economic profit is $2,000 per week, and the hiking…arrow_forwardNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forward
- Suppose you are part of an economic analysis team charged with recommending a policy response to pesticide risks. Explain the steps your team should take and why.arrow_forwardD. Pollution problem You know the marginal cost of reducing pollution for four factories. Each unit of pollution can be eliminated according to the following marginal costs. A B C D First Unit $65 $15 $30 $10 Second Unit $75 $55 $65 $30 Third Unit $85 $85 $110 $40 Fourth Unit $120 $155 $120 $60 1. The total cost of Firm D eliminating 4 units of pollution 2. Determine the total cost of each firm eliminating one unit of production. 3. The community has decided that the managers of the firms are allowed to produce a total of 4 units of production. Identify the firm(s) that will pollute.arrow_forwardYowzah Bids Yowzah receives bids from four companies we'll call A, B, C, and D to supply product for the coming year. René Descartes, the Yowzah VP of Plotting takes the bids and creates this graph to bring to the next executive meeting. Bid Plot ($ vs Volume) 400000 350000 300000 250000 200000 150000 100000 50000 0 H O 1000 2000 3000 4000 - 0005 0009 A 7000 B 0008 0006 10000 11000 12000 13000 14000- 15000 16000 17000 18000 19000 20000 D 9 E Yowzah receives a frantic call from company C. Evidently the fixed cost they quoted was in rupees rather than dollars. If the current exchange rate is 60 rupees to the dollar, what is the net effect of an updated analysis? O Company C has the highest total cost throughout the range depicted in the graph. O Even beyond the range depicted in the graph, company C would be the bidder of choice. O Company C is the bidder of choice throughout the range depicted in the graph. Company C has the highest fixed cost of all four companies. 6-05 D 2arrow_forward
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