...MBA502 Economic Theory and Applications: Chapter 8 Applicable Questions (Pg: 220): 1) Find and label the monopolist’s profit-maximizing output and price: The chart shown below represents monopolistic competition, short run. P MC P1 MR D 0 Q1 Q At: Q1 MR=MC; P > MC/ATC (ATC not at minimum) A monopolistically competitive company reaches the maximum-profit output at the point where marginal revenue (MR) is equal to marginal cost. Profit will be greater than marginal cost and average total cost. At this point, profits cannot be increased by changing the production level. Increases in production will cause a decline in profits, because it adds more to cost. Decreasing production will decrease revenue, since there will less inventory to sell. The profits shown in this graph cannot be maintained, since other firms will also produce similar products. This causes the demand curve to become more elastic, and shift back toward the origin, until it becomes tangent...
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...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory JoinSearchBrowseSaved Papers Home Page » Business and Management Discuss How the Following Organizations Would Be Arranged in Terms of the Depth and Breadth of Their Product Lines: In: Business and Management Discuss How the Following Organizations Would Be Arranged in Terms of the Depth and Breadth of Their Product Lines: Discuss how the following organizations would be arranged in terms of the depth and breadth of their product lines: A solo-practice family practitioner who does not deliver babies A multi-specialty group practice that provides primary care at five (5) satellite locations An academic medical center Shouldice Hospital in Toronto, which specializes in short-stay surgery for hernia repair According to our text, breadth "refers to the number of different product lines in the mix." (Berkowitz, 2011, pg 263) and depth "refers to the nimber of product items within each product line." (Berkowitz, 2011, pg 263) For a solo-practice family practitioner who does not deliver babies, the breadth of this organization is very narrow. The practitioner only has one practice and they have excluded themselves from delivering babies, which may be something wanted from a growing family. On the other hand, the depth of this organization can possibly still be great. They can offer family counseling services, perscription services on site, and...
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...1. How does resource scheduling tie to project priority? a. Resource scheduling is directly tied to the project priority when the priority system selects projects that best contribute to the organizations objectives, within the constraints of the resources available. “If all projects and their respective resources are computer scheduled, the feasibility and impact of adding a new project to those in process can be quickly assessed. With this information the project priority team will add a new project only if resources are available to be formally committed to that specific project” (pg 251). It is paramount that scheduling resources are realistic judgments of resources availability and project durations. For example at my current job, the committee and I are planning a big event that’s sponsored by Macy’s. Before we can go to Macy’s with the project priority, as a committee we had to do the resource schedule such as the cost of everything we wanted to do and our project budget. Reference Larson, E. W., & Gray, C. F. (2014). Project management (6th ed.). Retrieved from The University of Phoenix eBook Collection database 2. How does resource scheduling reduce flexibility in managing projects? For resource-constrained projects, resource scheduling (leveling) reduces flexibility because (after leveling) slack is reduced and the amount of critical/near-critical activities increases; therefore, the number of CP’s may also increase. Further, scheduling complexity increases...
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...1-How do enterprise systems help businesses achieve operational excellence? • Define an enterprise system and explain how enterprise software works. • Describe how enterprise systems provide value for a business. Enterprise systems enable businesses to achieve operational excellence through increased profitability and sales margin; enterprise systems create an environment in which organizations can monitor their sales demand and predict future sales, applications retrieve vital information and support management in their decision making process. Enterprise Systems are large scale, integrated application software packages that use the computational, data storage, and data transmission power of modern information technology. Enterprise systems are a combination of computer hardware and software that a business uses to organize and run its operations. 2-How do supply chain management systems coordinate planning, production, and logistics with suppliers? • Define a supply chain and identify each of its components. • Explain how supply chain management systems help reduce the bullwhip effect and how they provide value for a business. • Define and compare supply chain planning systems and supply chain execution systems. • Describe the challenges of global supply chains and how Internet technology can help companies manage them better. • Distinguish between a push-based and a pull-based model of supply chain management and explain how contemporary supply chain management...
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...Do 1 and 3 in chapter 5, and questions 8 and 9 in chapter 6. For Chapter 5 question 1: One of the potential problems mentioned in the chapter with gathering information requirements by observing potential system users is that people may change their behavior when observed. What could you do to overcome this potential confounding factor in accurately determining information requirements? (5 points) There is no doubt that an employee may change their attitude or work behavior when they are being observed. One thing that I would do is keep observing the employee, however informing the employee before the observation would allow the employee to attempt to work with their best quality while being observe. This will allow the observer to identify the issues that the worker really has. For Chapter 5 question 3: Suppose you were asked to lead a JAD session. List ten guidelines you would follow in playing the proper role of a JAD session leader. (5 points) Chap 5, Question 3: Ten Guidelines listed 1. Limit the distraction to focus on meeting 2. Set an agenda and keep the session on track 3. Always remain neutral 4. Identify and address critical political and organizational issues early 5. Establish the executive sponsor as the tiebreaker 6. Facilitator should be train and be critically involved 7. Team attendance and participation are mandatory 8. Respond to ideas that relate to the project 9. Keep the team in check on topics that relate to the meeting 10. Involve...
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...BUS 375 WK 8 Chapter 14 Quiz - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-375-WK-8-Chapter-14-Quiz-All-Possible-Questions-BUS3757.htm BUS 375 WK 8 Chapter 14 Quiz - All Possible Questions CHAPTER 14: (E) 1. Which of the following is a cost estimating relationship? A. Mathematical equations based upon regression analysis B. Cost-quantity relationships C. Cost-Cost relationships D. All of the above (E) 2. Which of the following standard project estimating techniques is usually accomplished in weeks? A. Parametric B. Analogy C. Engineering D. Grassroots (M) 3. Pricing out the construction cost of a home by a cost per square foot would be representative of a _____ estimate. A. Parametric B. Analogy C. Engineering D. Grassroots (M) 4. When a functional manager tells you that your project is 10% more difficult than the standard project, the functional manager is providing you with a _____ estimate. A. Parametric B. Analogy C. Engineering D. Grassroots (E) 5. Which of the following projects would most likely have reasonably good estimating techniques? A. Construction B. R & D C. Software development D. New product development (M) 6. Material provided in a proposal to justify one’s estimates are called: A. Supporting pricing B. Back-up data C. ...
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...BUS 375 WK 8 Chapter 14 Quiz - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-375-WK-8-Chapter-14-Quiz-All-Possible-Questions-BUS3757.htm BUS 375 WK 8 Chapter 14 Quiz - All Possible Questions CHAPTER 14: (E) 1. Which of the following is a cost estimating relationship? A. Mathematical equations based upon regression analysis B. Cost-quantity relationships C. Cost-Cost relationships D. All of the above (E) 2. Which of the following standard project estimating techniques is usually accomplished in weeks? A. Parametric B. Analogy C. Engineering D. Grassroots (M) 3. Pricing out the construction cost of a home by a cost per square foot would be representative of a _____ estimate. A. Parametric B. Analogy C. Engineering D. Grassroots (M) 4. When a functional manager tells you that your project is 10% more difficult than the standard project, the functional manager is providing you with a _____ estimate. A. Parametric B. Analogy C. Engineering D. Grassroots (E) 5. Which of the following projects would most likely have reasonably good estimating techniques? A. Construction B. R & D C. Software development D. New product development (M) 6. Material provided in a proposal to justify one’s estimates are called: A. Supporting pricing B. Back-up data C. ...
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...BUS 230 WK 8 Quiz Chapter 10 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-230-WK-8-Quiz-Chapter-10-All-Possible-Questions-BUS2307.htm BUS 230 WK 8 Quiz Chapter 10 - All Possible Questions 1. Identical prices received from various sources should: 1. be expected when the specification is highly customized. 2. always make the buyer suspicious of collusion. 3. only draw attention if the buyer is dissatisfied with the price quoted. 4. draw attention if the specification is complex or detailed. 5. result in the buyer taking legal action against all bidders. 2. Most direct costs are: 1. variable costs. 2. overhead costs. 3. general and administrative costs. 4. semivariable costs. 5. fixed costs. 3. If the buyer wants to motivate the seller to manage total costs, the best type of contract is: a. firm-fixed-price (FFP). b. cost-plus-incentive-fee (CPIF) c. firm-fixed-price plus incentive fee (FFPIF). d. cost-plus-fixed-fee (CPFF). e. cost-no-fee (CNF). 4. The market approach to pricing: 1. means prices are set to cover direct costs, contribute to indirect, and attain a profit. 2. is the only defensible pricing mechanism for ethical companies to use. 3. implies that prices are set based on what the market will bear. 4. means that prices are adjusted regularly to ensure that the selling organization recoups all its market costs. 5. implies that market analysis is the only technique that should be employed...
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...BUS 230 WK 8 Quiz Chapter 10 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-230-WK-8-Quiz-Chapter-10-All-Possible-Questions-BUS2307.htm BUS 230 WK 8 Quiz Chapter 10 - All Possible Questions 1. Identical prices received from various sources should: 1. be expected when the specification is highly customized. 2. always make the buyer suspicious of collusion. 3. only draw attention if the buyer is dissatisfied with the price quoted. 4. draw attention if the specification is complex or detailed. 5. result in the buyer taking legal action against all bidders. 2. Most direct costs are: 1. variable costs. 2. overhead costs. 3. general and administrative costs. 4. semivariable costs. 5. fixed costs. 3. If the buyer wants to motivate the seller to manage total costs, the best type of contract is: a. firm-fixed-price (FFP). b. cost-plus-incentive-fee (CPIF) c. firm-fixed-price plus incentive fee (FFPIF). d. cost-plus-fixed-fee (CPFF). e. cost-no-fee (CNF). 4. The market approach to pricing: 1. means prices are set to cover direct costs, contribute to indirect, and attain a profit. 2. is the only defensible pricing mechanism for ethical companies to use. 3. implies that prices are set based on what the market will bear. 4. means that prices are adjusted regularly to ensure that the selling organization recoups all its market costs. 5. implies that market analysis is the only technique that should be employed...
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...BUS 309 WK 9 Quiz 8 Chapter 9 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-309-WK-9-Quiz-8-Chapter-9-All-Possible-Questions-BUS3099.htm BUS 309 WK 9 Quiz 8 Chapter 9 - All Possible Questions 1. Our concern for privacy has ____ dimensions. 1. Two 2. Three 3. Four 4. Five 1. The strength of a privacy right depends on 1. The law 2. Circumstances 3. Whose right it is 4. Corporate culture 1. Enterprise Rent-A-Car lays down ____ dress-code guidelines for women. 1. 15 2. 20 3. 25 4. 30 1. Wellness programs are 1. Clearly immoral 2. Paternalistic 3. Illegal 4. Imprudent 1. Compulsion comes in 1. Packets 2. Flavors 3. Degrees 4. Bundles 1. Informed consent implies deliberation and ____ _____. 1. Free choice 2. Eager participation 3. Worker benefit 4. Employer risk 1. For consent to be legitimate, it must be 1. Coerced 2. Compensated 3. Voluntary 4. Confirmed 1. Polygraph tests record changes in 1. Psychological processes 2. Honesty 3. Physiological processes 4. Environment 1. The use of polygraphs is argued to allow business to abolish the use of 1. Audits 2. Salary decreases 3. Random firing 4. Nepotism 1. Lynn March holds that polygraphs are accurate 1. 33% of the time 2. 45% of the time 3. 78% of the time 4. 90% of the time 1. David T. Lykken holds that polygraphs have, at most, been measured as being accurate 1. 27% of the time 2. 63% of the time 3. 74%...
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...BUS 405 WK 7 Quiz 6 Chapter 8 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-405-WK-7-Quiz-6-Chapter-8-All-Possible-Questions-BUS4056.htm BUS 405 WK 7 Quiz 6 Chapter 8 - All Possible Questions TRUE/FALSE 1. Promotions are personnel changes within an organization that advance an employee to a position of more responsibility, usually accompanied by a wage increase. 2. Superseniority is a term that means that an employee has the greatest amount of seniority among individuals in a particular job classification. 3. Unionized firms provide fewer hours of formal training to employees than nonunion firms. 4. The Occupational Safety and Health Act was passed because few labor agreements contained any contract language relating to the maintenance of a safe and healthy work environment. 5. Employees do not have a right to refuse to perform work that they believe represents a serious threat to their safety or health. 6. Automation refers to changes in the production process that result from the introduction of laborsaving machinery and changes in material handling and work flow. 7. One reason some unions do not readily accept new technology is that management and employees still have mistrust for one another. 8. Technological progress in the U.S. has resulted in higher productivity, the elimination of many menial and dangerous jobs, higher wages, shorter hours, and a higher standard of living. 9. Job security work rules...
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...BUS 309 WK 9 Quiz 8 Chapter 9 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-309-WK-9-Quiz-8-Chapter-9-All-Possible-Questions-BUS3099.htm BUS 309 WK 9 Quiz 8 Chapter 9 - All Possible Questions 1. Our concern for privacy has ____ dimensions. 1. Two 2. Three 3. Four 4. Five 1. The strength of a privacy right depends on 1. The law 2. Circumstances 3. Whose right it is 4. Corporate culture 1. Enterprise Rent-A-Car lays down ____ dress-code guidelines for women. 1. 15 2. 20 3. 25 4. 30 1. Wellness programs are 1. Clearly immoral 2. Paternalistic 3. Illegal 4. Imprudent 1. Compulsion comes in 1. Packets 2. Flavors 3. Degrees 4. Bundles 1. Informed consent implies deliberation and ____ _____. 1. Free choice 2. Eager participation 3. Worker benefit 4. Employer risk 1. For consent to be legitimate, it must be 1. Coerced 2. Compensated 3. Voluntary 4. Confirmed 1. Polygraph tests record changes in 1. Psychological processes 2. Honesty 3. Physiological processes 4. Environment 1. The use of polygraphs is argued to allow business to abolish the use of 1. Audits 2. Salary decreases 3. Random firing 4. Nepotism 1. Lynn March holds that polygraphs are accurate 1. 33% of the time 2. 45% of the time 3. 78% of the time 4. 90% of the time 1. David T. Lykken holds that polygraphs have, at most, been measured as being accurate 1. 27% of the time 2. 63% of the time 3. 74%...
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...BUS 405 WK 7 Quiz 6 Chapter 8 - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-405-WK-7-Quiz-6-Chapter-8-All-Possible-Questions-BUS4056.htm BUS 405 WK 7 Quiz 6 Chapter 8 - All Possible Questions TRUE/FALSE 1. Promotions are personnel changes within an organization that advance an employee to a position of more responsibility, usually accompanied by a wage increase. 2. Superseniority is a term that means that an employee has the greatest amount of seniority among individuals in a particular job classification. 3. Unionized firms provide fewer hours of formal training to employees than nonunion firms. 4. The Occupational Safety and Health Act was passed because few labor agreements contained any contract language relating to the maintenance of a safe and healthy work environment. 5. Employees do not have a right to refuse to perform work that they believe represents a serious threat to their safety or health. 6. Automation refers to changes in the production process that result from the introduction of laborsaving machinery and changes in material handling and work flow. 7. One reason some unions do not readily accept new technology is that management and employees still have mistrust for one another. 8. Technological progress in the U.S. has resulted in higher productivity, the elimination of many menial and dangerous jobs, higher wages, shorter hours, and a higher standard of living. 9. Job security work rules...
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...MKT 475 WK 8 QUIZ 7 CHAPTER 11 & 12 To purchase this visit here: http://www.activitymode.com/product/mkt-475-wk-8-quiz-7-chapter-11-12/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 475 WK 8 QUIZ 7 CHAPTER 11 & 12 MKT 475 WK 8 Quiz 7 Chapter 11,12 All Questions Included... Activity Mode aims to provide quality study notes and tutorials to the students of MKT 475 WK 8 Quiz 7 Chapter 11 & 12 in order to ace their studies. MKT 475 WK 8 QUIZ 7 CHAPTER 11 & 12 To purchase this visit here: http://www.activitymode.com/product/mkt-475-wk-8-quiz-7-chapter-11-12/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 475 WK 8 QUIZ 7 CHAPTER 11 & 12 MKT 475 WK 8 Quiz 7 Chapter 11,12 All Questions Included... Activity Mode aims to provide quality study notes and tutorials to the students of MKT 475 WK 8 Quiz 7 Chapter 11 & 12 in order to ace their studies. MKT 475 WK 8 QUIZ 7 CHAPTER 11 & 12 To purchase this visit here: http://www.activitymode.com/product/mkt-475-wk-8-quiz-7-chapter-11-12/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 475 WK 8 QUIZ 7 CHAPTER 11 & 12 MKT 475 WK 8 Quiz 7 Chapter 11,12 All Questions Included... Activity Mode aims to provide quality study notes and tutorials to the students of MKT 475 WK 8 Quiz 7 Chapter 11 & 12 in order to ace their studies. MKT 475 WK 8 QUIZ 7 CHAPTER 11 & 12 To purchase this visit here: http://www.activitymode.com/product/mkt-475-wk-8-quiz-7-chapter-11-12/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 475...
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...Answer the questions indicated in a Word document and submit through the appropriate link within the course: • Chapter 3, p. 43(Chapter 3: Question #2) – Answer the questions to #2 in Problems and Applications on American and Japanese cars. • Chapter 4, p. 80 (Chapter 4: Question #10)– Answer the questions to #8 in Problems and Applications on the market for pizza. ECN 400 WEEK 2 PROBLEMS AND APPLICATIONS To purchase this visit following link: http://www.activitymode.com/product/ecn-400-week-2-problems-and-applications/ Contact us at: SUPPORT@ACTIVITYMODE.COM ECN 400 WEEK 2 PROBLEMS AND APPLICATIONS ECN 400 Week 2 Critical Thinking Problems and Applications (70) Answer the questions indicated in a Word document and submit through the appropriate link within the course: • Chapter 3, p. 43(Chapter 3: Question #2) – Answer the questions to #2 in Problems and Applications on American and Japanese cars. • Chapter 4, p. 80 (Chapter 4: Question #10)– Answer the questions to #8 in Problems and Applications on the market for pizza. ECN 400 WEEK 2 PROBLEMS AND APPLICATIONS To purchase this visit following link: http://www.activitymode.com/product/ecn-400-week-2-problems-and-applications/ Contact us at: SUPPORT@ACTIVITYMODE.COM ECN 400 WEEK 2 PROBLEMS AND APPLICATIONS ECN 400 Week 2 Critical Thinking Problems and Applications (70) Answer the questions indicated in a Word document and submit through the appropriate link within the course: • Chapter 3, p. 43(Chapter...
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