ECO 550 Complete Course Download Answer Here Visit www.workbank247.com http://workbank247.com/q/eco550-eco-550-complete-course-week-1-to-week-11/12249 http://workbank247.com/q/eco550-eco-550-complete-course-week-1-to-week-11/12249 ECO 550 week 1 Discussion 1 "Fundamental Economic Concepts" Please respond to the following: * Answer the following discussions based on the Katrina’s Candies scenario: * From the scenario for Katrina’s Candies, examine the key factors affecting the demand for and the supply of a good in general and Katrina’s Candies specifically. Distinguish between a change in demand and a change in the quantity demanded (movement along the demand curve). * From the above, indicate the factors that are …show more content…
Provide a rationale for your response. http://workbank247.com/q/eco550-eco-550-complete-course-week-1-to-week-11/12249 ECO 550 Week 3 Discussion 1 "Managing in the Global Economy" Please respond to the following: * *Answer the following discussions based on the Katrina’s Candies scenario: * From the scenario for Katrina’s Candies, assuming the absence of quantitative data, determine the qualitative forecasting techniques that could be used within this scenario. * Now, assume you have acquired some time series data that would enable you to make short, medium, and long term forecasts. Ascertain the quantitative technique that will provide you with the most accurate forecast. Provide a rationale for your responses ECO 550 Week 3 Discussion 2 "Outsourcing Offshore" Please respond to the following: * Answer the following discussions on the decision to outsource offshore: * Aside from maximizing profits, list the key factors that managers should consider when deciding whether or not to outsource offshore. Determine the key factors that you believe to be the most influential. Provide a rationale for your response. * Examine the manner in which the firm’s decision to outsource offshore is impacted by foreign exchange. Determine whether or not it matters where the company outsources offshore. Provide a rationale for your response.
Question #1 If you were CEO of Harley-Davidson, how would you compare the advantages and disadvantages of using exports, joint ventures, and foreign subsidiaries as ways of expanding international sales?
Use your knowledge of the factors that cause shifts in demand, and in a multi-paragraph essay, provide at least three reasons why ice cream sales fluctuate in
3. Comment on the practice of dual sourcing when part of the requirement is produced internally. Relate this to the advantages and disadvantages of a 100 percent requirements contract. (i.e. develop both the pros and cons of dual sources and the pros and cons of requirements contracts).
TCO 2) The quantitative forecasting method that uses actual sales from recent time periods to predict future sales, assuming each period has equal influence on the prediction of future sales, is the _____.
Natural disaster often happens anywhere in the world, However we may have time to evacuate if we get warnings such as earthquakes, tsunami etc. Hurricanes happen without having time to let people evacuate. This report will provide information about the hurricane Katrina that took place in August 28 2005. This report will provide information from different source that is provided online and in the library which will show information before the storm and flooding, during the storm and flooding, estimating of death and damages, economy and the aftermath of the event.
They also used functional format to determine quantity demanded. In class we discussed how this can determine changes in demand vs changes in quantity demand. We also stated that demand is a horizontal summation of individual demands. Which simply means many different demands form together to create one large demand trend line. Their equation is represented as: PGT = f(LN[QGT], POPULATIONT, GDPT, LN[T], MT). The variables included in this equation are the natural logarithm of lbs in the beef market, population, GDP, Logarithm of their time dummy variables, and logarithm of monthly dummy variables. In class we used simple variables such as income, tastes, price of subs, exports, etc. to find supply and demand for the product.
In analyzing the second reason listed for why outsourcing is used; ‘inability to attract the highest caliber of employees to job functions that may be peripheral to the organization’s core discipline’, companies employ a different kind of outsourcing tactic. This reason leads to offshore outsourcing solutions. If a company cannot attract high caliber domestic employees to job functions secondary to their main function then they seek help where labor may be less expensive and more efficient.
Describe what has occurred to change the demand for, or the supply of, the good or service, and market prices of those products or services
This strategic report of ANZ’s offshoring strategy examines the effectiveness and drivers of ANZ’s decision to move towards outsourcing internationally, analyses the impact of ANZ’s offshore programs on stakeholders, explores key risks and opportunities and evaluates the success of ANZ’s offshore system.
1. IF you were CEO of Harley Davidson, How would you compare the advantages and disadvantages of using exports, joint ventures, and foreign subsidiaries as ways of expanding international sales?
4. Answer the three discussion questions for the case study except the part requiring me to justify the forecasting technique, as linear regression would be used.
While “Britishness” remains as the company’ strength, it is also the company’s weakness. Once the company moves offshore, their competitive advantage goes away. What unique selling point they still have to hold the customers? Besides, the company is experiencing a decrease in profits. The
b. Discuss the main opportunities and risks faced by Royal Caribbean due to its global nature.
This study will deliberate and explore the various theories and theoretical framework of determinant influencing offshore outscoring decisions which will assist the further researcher to create and design their ideas as well as to build new theories clarifying new perceptions of offshore outsourcing.