...Research or Interview Paper Instructions You can choose 1 of the following two options for your Research or Interview Paper. Your paper will be 7 double-spaced pages for the main content (not including the cover page and reference page). Your choices include: 1. A research paper Steps for writing the research paper: a) Choose a topic in Managerial Economics. b) Submit the topic and the outline of the paper to the instructor anytime for approval. c) A minimum of 3 references besides the textbook are required. Liberty University library has excellent resources for your search for journals. http://www.liberty.edu/index.cfm?PID=178 OR 2. An interview paper Steps for writing the interview paper: a) Choose a topic in Managerial Economics. b) Design at least 5 questions according to the topic. c) Submit your questions to the instructor for approval. d) Contact a local or non-local company for an interview. e) Conduct the interview for answers to your questions. f) The paper must have 3 parts: • The description of the company; • Interview questions and answers; and • Your comments. *The research paper is to be done individually, not as a group. **Do not wait until the last module/week to work on the paper. Do it as early as possible. ***A paper that was written for other classes would not be accepted for...
Words: 265 - Pages: 2
...Case Study: Chapter 8 Aaron Lambert Saint Leo MBA 540 Managerial Economics Analyzing Managerial Decisions: Leaving New York for the Farmlands of Illinois While the co-workers may be rightly supportive of the individual’s aspirations, they are likely not qualified to advise him on this matter. The individual claims to have $800,000.00 saved from bonuses at his current place of employment. Based on that information alone, it appears that he is considering walking away from what seems like a fairly secure and profitable situation at his current job and committing to a new and less certain endeavor. With reports implying that demand for corn will soar the farming proposition may seem like a good idea; however, our potential farmer needs to consider other factors. The costs associated with acquiring the land are known and estimated to be $800,000.00, but there are other costs involved that are considerable and quite fixed. He will need to purchase farming equipment and machinery, which will require much more cash upfront in addition to the land. These fixed costs definitely need to be factored into the decision but are omitted in the text. If he has a lot more of that bonus money remaining, he could purchase the machinery outright. If paying cash is not possible he will need to take up a loan, lease, or rent; either option resulting in additional expenses incurred each period. Based on an article published by the University of Illinois in 2014, corn farmers in Illinois...
Words: 598 - Pages: 3
...Managers are required to be equipped with certain skills in order to efficiently and effectively manage an organization. One of these is the management of human resources in the organization. It involves the organization of people in an organization for the attainment of its goals and objectives. However, people differ in attitudes, values, personality and behavior. These differences bring about problems in an organization. It is therefore important that managers should understand the behavior of each individual that composes the organization, including their own behavior. Some people even say that this is the single most important requirement that a manager should have in order for him to attain success in management. Does this contention by some people of management success acceptable? People are considered to be the most valuable resource in an organization. They are the ones who carry out and implement the plans set by the organization through its top management. They might work together and cooperate with one another as a group in order to achieve a certain purpose. Also, these people might be given the opportunity to make certain decisions that would control how the organization would acquire and use its available resources. In addition, the differences among the people in the organization in terms of their feelings, attitude and behavior might be a factor as to how they would do and shape things for the organization. For this reason, it is an important skill for a manager...
Words: 305 - Pages: 2
...MID-TERM EXAM - 1st Semester, 2012 |Date |Time |Course Title & Code |Room No. | |29 June, 2012 |11.00 am ~ 12.30 pm |501: Accounting System & Auditing |502 | |(Friday) | | | | |30 June, 2012 |7.00 pm ~ 8.30 pm |502: Managerial Economics |402 | |(Saturday) | | | | |06 July, 2012 |3.00 pm ~ 4.30 pm |503: Business Communication |502 | |(Friday) | | | | |07 July, 2012 |7.00 pm ~ 8.30 pm |504: Advanced Management |502 | |(Saturday) | | | | |13 July, 2012 |3.00 pm ~ 4.30 pm |503: Business Communication...
Words: 266 - Pages: 2
...course of study leading to an A.A.S. degree. The coursework includes both general requirements (liberal arts courses) as well as curriculum requirements (business courses). In addition, each student takes elective courses in one of the following four areas of study: General Management, Finance & Banking, Marketing or Travel & Tourism. Program Outcomes 1. Effectively communicate using the language of business 2. Make business decisions using a systematic, evaluative, information-based approach rooted in ethics and social responsibility 3. Demonstrate knowledge of current events and trends in business, including potential career tracks in their area of interest 4. Master the skills necessary to prepare them to work in an entry-level position and/or continue in the academic field in their area of interest Common Core Required Common Core 6 English Composition Mathematical and Quantitative Reasoning 4MAT 150 Introduction to Statistics OR 4MAT 2xx Pathways-Approved MAT 2xx or higher Life and Physical Sciences 4AST 110 General Astronomy OR 4PHY 110 General Physics 14 Total Required Common Core Flexible Core Creative Expression 3SPE 100 Fundamentals of Speech 1 10 Total Flexible Core 23 Total Common Core Curriculum Requirements 3BUS 104 Introduction to Business 3BUS 110 Business Law 3 BUS 150 Business Communication 3 BUS 210 Business Methods 1 BUS 220 Managerial Decision Making 3ACC 122 Accounting Principles I 2CED 361 Business Management...
Words: 300 - Pages: 2
...CAS session details: 1. Make a TO-DO list always. And checkmark the list. 2. He asked me to introduce myself and explain me my job profile. He knew that I was working with Maruti. I explained him my job profile as : I was into virtual simulation. We used to test the vehicles for noise vibration and harshness. The CAE phase would come in the product development phase. Based on set standards make the model, evaluate it using software’s and then suggest countermeasures or design optimization proposals to the designers. Then test the design and the proposals would be tested during the prototype stage and the loop goes on if quality assurance team reports any problem. Because the regulations are not there, so we have to pitch our ideas with the design and the testing teams and request for inclusions so as to improve the end customer comfort. On this, he gave me a problem: I was supposed to design a mechanism by which a deaf person can recognize a door bell. I started with giving him something vague idea that some electrical signals need to be generated. He asked me then, I said there would be receptors inside the room which would glow like a bulb … then I started again... That if the person is deaf, he would either be able to feel things (tactile) or see things. Then he began with his approach. He said anybody has 5 senses. So start exploring 5 options and keep eliminating, prioritizing options as and when they come. Arriving at the right solution is not important;...
Words: 529 - Pages: 3
...3031203 Amanthi Wijeyekoon – Student ID 3037866 Clara Chong – Student ID 3047408 Tina Swaker – Student ID 121271 Table of Contents Table of Contents 1 1 Introduction 2 1.1 Assumptions 2 1.2 Where to from here 3 1.3 Use of Groupware tool 3 2 Competitive Advantage 4 2.1 Making business decisions I – Porter’s Five Forces & Generic Strategy 4 2.2 Making business decisions II – Customer Order Process 5 3 Customer Relationship Management 7 3.1 Making business decisions II - CRM 7 3.1.1 Extended Strategy 8 3.1.2 New Technologies 8 4 Business Intelligence 9 4.1 Making business decisions II 9 5 Systems Development 14 5.1 Making business decisions II – PYT Business Requirement 14 6 Bibliography 15 Appendix B – PYT Business Requirement for New Payroll System 16 Appendix C - Groupware Tools 20 Figures Figure 1: As-is Broadway Cafe Rich Picture 2 Figure 2: Broadway Cafe Alters Diagram 3 Figure 3: The Broadway Café Five Forces model 4 Figure 4: Customer Ordering Process 6 Figure 5. As-Is payroll system 14 Figure 6. Flow chart payroll system 17 Figure 7: Team ISO Groupware Home Page 20 Tables Table 1: YouTube Pros and Cons 7 Table 2. Comparison of Spreadsheet and Databases 11 Table 3. Wikispaces advantages & disadvantages 20 Introduction This case study addresses the following information systems (IS) concepts for the Broadway Café, as detailed at http://www.cohesioncase.com. • Competitive Advantage -...
Words: 5097 - Pages: 21
...tEXECUTIVE SUMMARY The paper identifies different source and causes of different types of conflict in the work place. Analysis of the conflict was done with the aid of Blake and Mouton’s model of conflict management. The paper reflects on a real life observation using brightlands care home. Conflicts observed in the home were analysed and discussed. Manager positions in handling the conflict were also analysed using Blake and Mouton’s conflict management style model. Five conflict management style (competitor, collaborator, compromiser, accommodator and avoider) were used to analysed the conflict were based on the research of Blake and Mouton (1964). Using the conflict scenario, the paper critically discussed various approach towards conflict resolution within and between groups. 1.0 INTRODUCTION Conflict is a normal and natural aspect of life and the working environment hardly do without one form of conflict or the other. Conflict in the workplace is a well known daily phenomenon and it is on the increase. It is worth saying that a conflict free company never existed and will never exist. Tension, cultural differences, aggressions, antagonisms, negative attitude and frustration will usually exists especially wherever men are forced to live and work together. . Burton (1972) said in his book that Conflict, like sex is an essential creative element in human relationships. It is the means to change, the means by which our social values of welfare, security, justice and...
Words: 3575 - Pages: 15
...Copies of the CFR are available for viewing at the Code of Federal Regulations (Annual Edition) page at the U.S. Government Printing Office Web site; you can also browse the e-CFR, a currently updated version of the CFR. Please feel free to contact TTB's National Revenue Center concerning any of the requirements that may not be clear to you. For your convenience, the mailing address and telephone number of the National Revenue Center are listed on the final page of this publication. John Manfreda Administrator, Tax and Trade Bureau -------------------------------------------------------------------------------- Liquor Laws and Regulations for Retail Dealers Contents 1. General 2. Retail Dealers Must Register with TTB 3. Requirement to Amend Registration 4. Requirements on Retail Dealers Who Sell to Other Dealers 5. Closures on Bottles of Distilled Spirits 6. Refilling, Reusing and Disposing of Liquor Bottles 7. Prohibited Purchases of Distilled Spirits 8. Required Records 9. Inspection by Alcohol and Tobacco Tax and Trade Officers 1. General Retail dealers of distilled spirits, wine or beer must comply with certain requirements...
Words: 400 - Pages: 2
...elements of the operating budget. Briefed your unit commander on budget policies, ULLS-S4 budget structure, and ULLS-S4 standing operating procedures for budget processes. None of the above 4. Your CSDP Evaluation report is due. What situation will cause a delay in meeting reporting requirements, and should be reported to higher headquarters? The end of the month falls on a weekend The unit is undergoing a change of command Your unit ULLS-S4 system has just been repaired All of the above 5. When reviewing ULLS-S4 system password security for your unit's CSDP Inspection, you should verify that passwords: Consist of 5 digits Consist of all numeric characters Are randomly selected Are changed every 90 days 6. What documentation must accompany a DA Form 1687, Notice of Delegation of Authority - Receipt for Supplies when it is submitted to support activities by the PBO? Appointment Orders Assumption of Command Orders Commander?s Letter of Intent Request for Supplies 7. When items require condition code verification what form must accompany the turn-in? DA Form 3645 DA Form 2407 DA Form 4697 DA Form 1687 8. What process is NOT covered in the CSDP requirements tables in AR 710-2? Ledger/Sub-ledgers Change Documents ULLS-S4 System Operations Hand Receipts 9. The CD-ROM catalog update...
Words: 1546 - Pages: 7
...com. Gee Comfort has plenty of handmade knit wear such as scarves, blankets, purses, and pillows. As stated by Speaks, G. (2013) “At Gee Comfort, my mission is to create beautiful, handmade items by stitch of love at a time.” She noticed that she was having a hard time keeping up with orders being made and shipments needing to get out because not only does she run this website and knit/crochet everything by hand, but she also works outside of her small business as a chef. Using the information given to me from the interview as well as knowing how she runs her business from observation. A comprehensive job description has been created that she will be using to advertise and possibly hire someone to assist her. Duties and Performance Requirements Mrs. Speaks took some time to jot down exactly what she needed help with and how she would like the job to be completed. She has also added a couple of duties in which would be extremely helpful to her and the business she is trying to grow. The new employee’s duties...
Words: 645 - Pages: 3
...business and economics, gap analysis is a tool that helps companies compare actual performance with potential performance. At its core are two questions: "Where are we?" and "Where do we want to be?" If a company or organization does not make the best use of current resources, or foregoes investment in capital or technology, it may produce or perform below its potential. This concept is similar to the base case of being below the production possibilities frontier. Gap analysis identifies gaps between the optimized allocation and integration of the inputs (resources), and the current allocation level. This reveals areas that can be improved. Gap analysis involves determining, documenting, and approving the variance between business requirements and current capabilities. Gap analysis naturally flows from benchmarking and other assessments. Once the general expectation of performance in the industry is understood, it is possible to compare that expectation with the company's current level of performance. This comparison becomes the gap analysis. Such analysis can be performed at the strategic or operational level of an organization. Gap analysis is a formal study of what a business is doing currently and where it wants to go in the future. It can be conducted, in different perspectives, as follows: Organization (e.g., human resources) Business direction Business processes Information technology Gap analysis provides a foundation for measuring investment of time, money...
Words: 398 - Pages: 2
...Statement of purpose/problem * Objective * Limitation * Section 2 * Design/Method * Sampling * Sample area * Universe * Sample scope * Sample size * Sample method * Experimental and controlled group conditions * Method * Variable * Data gathering * Data Analysis * Evaluation of risks * Risk analysis * Risk * Probability * Alternative ways/way outs/possible solution * Section 3 * Phase wise distribution of the work plan * Time line * Tools needed for the specific phase * HR requirements * Transportation * Tentative cost, etc * Note: One need to keep a co-relation between every aspect while making the phase wise plan, i.e. what are the...
Words: 258 - Pages: 2
...units) for 20x0: | | | Light Coils | Heavy Coils | Projected sales | 60,000 | 40,000 | Add: Desired inventories, December 31, 20x0 | 25,000 | 9,000 | Total requirements | 85,000 | 49,000 | Deduct: Expected inventories, January 1, 20x0 | 20,000 | 8,000 | Production required (units) | 65,000 | 41,000 | 3. | Raw-material purchases budget (in quantities) for 20x0: | | | | Raw Material | | Sheet Metal | Copper Wire | Platforms | Light coils (65,000 units projected to be produced) | 130,000 | 65,000 | __ | Heavy coils (41,000 units projected to be produced) | 102,500 | 61,500 | 41,000 | Production requirements | 232,500 | 126,500 | 41,000 | Add: Desired inventories, December 31, 20x0 | 18,000 | 16,000 | 7,000 | Total requirements | 250,500 | 142,500 | 48,000 | Deduct: Expected inventories, January 1, 20x0 | 16,000 | 14,500 | 6,000 | Purchase requirements (quantity) | 234,500 | 128,000 | 42,000 | 4. | Raw-material purchases budget for 20x0: | | | Raw Material | Raw Material Required (units) | Anticipated Purchase Price...
Words: 933 - Pages: 4
...communication. 4. To coach students to their interpersonal basic skills use. 5. To help students understand that they have choices in trying to address interpersonal communication issues. Student Learning Outcomes At the end of the course, students will 1. Demonstrate understanding of interpersonal communication theories and models as applied to a variety of interpersonal communication situations. 2. Plan and execute strategies to perform her/his own interpersonal communication. 3. Make informed observations and evaluations of his/her own interpersonal communication and that of others. 4. Indicate empathy with others in a variety of interpersonal communication contexts. Course Requirements See Course Schedule for complete requirements and due dates. Below is an overview of the major assignments and...
Words: 378 - Pages: 2
