...Please read chapter 10 and answer the following questions: 1. (Varieties of Oligopolies) do the firms in an oligopoly act independently or interdependently? Explain your answer. 2. (Price Leadership) why might a price–leadership model of oligopoly not be an effective means of collusion in an oligopoly? * Price leadership practices violate US anti-trust laws. * The more differentiated the product is, the less effective price leadership is as a means of collusion. * There is no guarantee firms will follow the leader forcing the leading firm to reduce prices. * Cheating may occur. * A new entry can destabilize the price leader's position… -If a price leader in an oligopolistic market sets price and output in order to maximize profits and if that setting is high; then this will encourage the entry of new firms into the market. And that will result in the loss of profits over the long run. 3. (Collusion and Cartels) why would each of the following induce some members of OPEC to cheat on their cartel agreement? a. Newly joined cartel members are less–developed countries. * By producing more output than it has agreed to produce, the new member country can increase its share of the cartel's profits. b. The number of cartel members doubles from 11 to 22. * The greater the number of firms, the more probable it is that one of those firms is a maverick firm; that is, a firm known for pursuing aggressive and independent pricing strategy. c...
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...JYOTI TANEJA Expertise in Business Analyst with over 7+ years of IT experience on all phases of a SDLC project. Primary focus on Analysis, Product implementations, system Integration/Migration projects and process improvement projects. Significant hands-on experience in business sectors such as, Finance, Healthcare and Banking. Effective communicator, excellent team player, quick learner and creative problem solver with fine-tuned analytical skills. Education includes: Professional Summary Business Requirements Gathering, Business Process Flow, System Analysis, Business Process Modeling and Business Analysis. Industry experience in Healthcare, Finance, Health Insurance and Banking sector. Expertise experience in writing Business requirements document, System requirements specifications, Functional requirements document, developing Use Cases, creating screen mockups, and preparing Training manuals. Strong knowledge of Software Development Life Cycle (SDLC)- Feasibility Requirements Analysis, Design, Construction, Testing, Implementation, Support) and Rational Unified Process (RUP) and UML methodology Expertise in Waterfall and iterative methodologies such as Rational Unified Process (RUP) methodology, and Agile. Excellent skills in writing Business Requirements Document (BRD), Functional Specification Document (FSD) and Non-Functional Specification Document, System Design Specification (SDS) Performed Gap analysis, SWOT analysis, Risk analysis, and Cost/Benefit analysis...
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...7920IBA: Systems Thinking and Sustainability Article Review Question: "With reference to the article by Ray Anderson, the current information on the Interface website, what you have learnt on the course and have gained from your extended reading please answer the following question: 'Is the Interface model a prototype company for the 21st Century? If so why, if not why not? Prototype companies are vital so industry can move forward with world sustainability in the 21st Century. Interface is the role model of a prototypical company of the 21st Century as they promote and employ elements of Zero Discharge, reduced benign emissions, open communication, efficient transportation and logistics, and renewable energy concepts. Zero Discharge creates an environment in industry where waste and emissions are re-invented through systems of recovery and are reused by either the same plant or other manufactures as a raw material. Reduced benign emissions is process that benefits the community through reduced pollution and also increases profits for a company by waste reduction. Open communication shows a business’s transparency and investment in its stakeholders, by business being open to their operations the stakeholders feel a sense in confidence of a business’ operations. Resource efficient transportation and logistics which looks at aspects of improving air quality, using hybrid vehicles and the careful planning of positioning factories close to their customers, results in...
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...Cross-Cultural psychology GE261 Assignment 2 Kwan Adams Read the scenario below, and then in a short paper (1-2 pages, typed, 12 point font, 1’’ margins) discuss and answer the following question thoroughly and thoughtfully, applying class concepts when possible: 1- What values of childrearing are represented by Lynn’s parenting of her son? (In other words, what parenting practices are considered acceptable in her culture and why? What is expected of children in her culture?) 2- How well do Lynn’s values of childrearing fit with the parenting values found in the United States? Be specific. 3- In your opinion, is it ever appropriate to interfere with someone else’s cultural practices? Why or why not? 4- Why do you think education and affluence serve to decrease physical punishment across cultures? Do you think that it is likely that Lynn will continue to use physical punishment while living here in the U.S.? Why or why not? As Lynn headed out to go shopping, she already knew her four-year-old son was in a bad mood. All that day he had been doing all that he could to frustrate her. First, he chose not to eat breakfast and then he spilled apple juice all over the carpet. He categorically refused to put on his red jacket and continuously tried to unbuckle his seatbelt in the car. Since they had arrived at the shopping mall, he had been whining continuously for 20 minutes and demanding they go to the toy store immediately. The mother’s patience finally ran out...
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...According to the information that I have been provided I have created the following payoff matrix to show the best possible business strategy for your client Fuse Soda Company regarding the question of hiring a celebrity spokesperson. Frantic Soda Company hires celebrity spokesperson | Frantic Soda Company does not hire a celebrity spokesperson | Fuse Soda Company hires a celebrity spokesperson 0% gain in market shares for either Fuse or Frantic Soda companies10% increase in profit for both Fuse & Frantic Soda companies | 15% increase in market shares & profit for Fuse Soda Company20% decrease in market shares & profit for Frantic Soda Company | Fuse Soda Company does not hire a celebrity spokesperson 15% increase in market shares & profit for Frantic Soda Company20% decrease in market shares & profit for Fuse Soda Company 0% change in market shares or profit for either Fuse & Frantic Soda companies | According to Molly’s predictions Frantic Soda Co. will hire a celebrity spokesman regardless of whether Fuse Soda Co. hires one or not. Assuming that Frantic Soda Co. does hire someone and Fuse Soda Co. does not this will result in a 20% decrease in market shares and profit revenue for your client. It is in my highest opinion that your client Fuse Soda Co. proceeds in hiring a celebrity spokesperson and reap the benefits of higher profit. If Frantic Soda proceeds to hire someone your client will still have at least a 10% gain in profit, if Frantic Soda decides not...
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...What Is Critical Thinking? Essay Question Details: Find three sources that discuss critical thinking. One source should be from the assigned and/or optional readings, and the other two should be found through your own research. Read the three sources, and consider how they define critical thinking. In 300-500 words, explain your own personal definition of critical thinking. Keep the following guidelines in mind: Select a direct quote from one of your resources to include in your explanation. A reference page that documents the three sources you found (and any other resources you used) is required. Remember, all outside sources must be cited both in-text and on your reference page. The articles you found in your research may influence your definition, but your own ideas should be evident. In other words, your process should be: a) Read some definitions and descriptions of critical thinking; b) Comprehend or digest the information; and c) Write your own definition of critical thinking. (Note: Do not simply reword the definitions you read. Consider a new way to explain what you understand critical thinking to be.) Prepare this assignment according to the guidelines found in the GCU Style Guide, located in the Student Success Center. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. You are required to submit this assignment to Turnitin...
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...Individual Assignment 1.1 | Misunderstanding 1 (M1) | Misunderstanding 2 (M2) | Who was the sender? | I, Ardra English, was the sender. | My supervisor was the sender. | Who was the receiver? | My co-worker was the receiver. | I was the receiver. | What was the message? | I was school shopping this weekend, and I noticed there are four new bus shelters at the corner of Forest Lane and Abrams Road. Prepare the schedules, and I will post them immediately. | Are there any time changes that affect the schedules on the pylons? | What channel was used to send the message? | Face-to-face, verbal communication. | E-mail | What was the misunderstanding that occurred? | He did not want to create the schedules. | She did not specifically ask for the changes, and I did not realize that she wanted me to create the schedules for the pylons. | How could the misunderstanding have been avoided? | There are no established standard operating procedures for creating and installing the schedules. | I feel that my supervisor should have been more specific about her needs. I did not know that she wanted me to create the schedules, and submit them to her. | In the first misunderstanding, I learned that I should have listened to why the co-worker did not want to create the schedule. From his experience as a graphic artist, he waited until the manager in the Passenger Amenities Department sent notice to install the schedule. From my experience in customer service, when there...
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...MGMT1001 s2 2013 – ‘Spot Collection’ Bring to tutorials week beginning 5 August Topic 1: What is Management? 1. Textbook question: answer Question 2 in the ‘Discussion Questions’ for the Case study Managing McDonald’s Australia on page 36. a. As the CEO of McDonald’s Australia, what is Catriona Noble’s role? According to this case study, Catriona Noble’s role could be responsible for marketing, public affairs, operations, supply chain, the Pacific Islands and business planning, taking on a leadership role for the ongoing development and integration of McDonald’s business plan in Australia. b. Using the four functions as a guide, what activities does she need to undertake in managing the Australia operations of McDonald’s? MS Noble needs to undertake all of the managing functions described by her job. The first function is planning, this case study reports that she need to plan in managing. For example, she planned new items on the McDonald’s menu, including healthy options. She also planned to extend the trading hours. The second function is organizing, she also need to organize in managing the Australia operations of McDonald’s. For instance, she built strong relationships with customers, team members and suppliers. She also created a culture with her staffs. The third function is leading, she also need to lead team in managing the Australia operations of McDonald’s. For instance, she built strong leading skills with more than 85 000 employees. She is the ongoing development...
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...The two concepts of race and class developed together and were tangled through the history, so I think they could be elaborated together in the following essay. So how did the idea about race and class form and develop? The answer could be found starting from the colonial period. In the colonial period, Europeans tried to establish settlements in Florida, the Northeast area bordering Canada, the Virginia colony, and the Southwest. By the 1600s, English colonists had established a system of indentured servitude that included both Europeans and Africans. Soon after, the slave labor system replaced the indentured working labor systems and gradually became rooted in the society. Due to the relationship between white owners and black slaves, the social hierarchy based on the race emerged naturally. Of course, white had the superiority and the black were attached tags of inferiority. The other race is the Native Americans. They were aboriginal people on the land of America. Although they developed good relationship with the first colonists, the conflicts between the Natives and the white Americans over the land issue could never be peacefully solved. Because the natives were outdated in their weapons so they lost their land to the white Americans. At that time, the absolute force meant the dominant power. The natives had to give in, and hence they became subordinates instead of the owner of the land. The most obvious point was the Indian Removal Act. Though it raised a lot of controversy...
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...Faith and teachings were very important in ancient Israel. It was imperative to teachers that all who sought out faith learned in one uniform system. In order to properly understand and interpret the texts and teachings of the Torah, the methods to which it was taught had to be unwavering and exactly the same in order for the Jewish community to flourish. Rituals can be an imperative portion of learning a religion. For example, Catholics rigorously follow rituals in mass such as songs, prayers, and the act of receiving communion. In the scripture Nehemiah 8, the Jewish community follows certain rituals just as in any other religion. One in particular would be the reading of the Torah to the Jewish followers following their return from exile in Babylon and the rebuilding of the wall in Jerusalem. The reason for this ritual was to integrate the people back into their faith in a controlled setting where they could all be taught the same traditions. The purpose was to circulate the Torah to the entire nation of Jews at the same period of time once the exile ended. Once the Israelites became settled after the exile, it was very important to bestow the faith upon them and it was very important that they learned the Torah, whereas pre-exilic Judah had already been devout. Throughout both periods of time however, interpreting the sacred text and teachings was a vital asset to the community’s way of living. The Israelites became the new Jewish community and played a dynamic role in...
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...Chapter 5 Review Questions 1. Describe systems analysis and the major activities that occur during this phase of the systems development life cycle. During systems analysis, you determine how the current information system functions and assess what users would like to see in a new system. Requirements determination, requirements structuring, and alternative generation and selection are the three primary systems analysis activities. 2. What are some useful character traits for an analyst involved in requirements determination? Requirements determination is a crucial part of the systems development life cycle; therefore impertinence, impartiality, relaxing constraints, attention to details, and reframing are important characteristics. 3. Describe three traditional techniques for collecting information during analysis. When might one be better than another? Traditional techniques for collecting requirements include interviewing and listening, observing users, and analyzing procedures and other documents. Interviewing and listening involve talking with users individually or as a group to discover their views about the current and target systems; it also involves carefully preparing an interview outline and guide before conducting the interview. Interviews are best done when only a few people are involved, when you need open-ended questions or the questions vary from individual to individual, or when a more personal method is needed. 4. What are the general...
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...QUIZ To purchase this visit following link: http://www.activitymode.com/product/eco-203-week-4-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM ECO 203 WEEK 4 QUIZ ECO 203 Week 4 Quiz 1. Question : M1 includes all but which one of the following? 2. Question : The transactions demand for money depends on 3. Question : Individuals accept dollars because 4. Question : The fact that money is legal tender increases its 5. Question : According to the M1 definition, the money supply consists of currency held by the public plus 6. Question : To keep the federal funds rate from rising above the target zone, the Fed must 7. Question : If the Fed sells government bonds on the open market, which of the following is likely to occur? ECO 203 WEEK 4 QUIZ To purchase this visit following link: http://www.activitymode.com/product/eco-203-week-4-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM ECO 203 WEEK 4 QUIZ ECO 203 Week 4 Quiz 1. Question : M1 includes all but which one of the following? 2. Question : The transactions demand for money depends on 3. Question : Individuals accept dollars because 4. Question : The fact that money is legal tender increases its 5. Question : According to the M1 definition, the money supply consists of currency held by the public plus 6. Question : To keep the federal funds rate from rising above the target zone, the Fed must 7. Question : If the Fed sells government...
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...http://hwaid.com/shop/sci228-week-4-midterm/ Question 1. Question : (TCO 1) The two overarching goals of ________ are to increase quality and years of healthy life and to eliminate health disparities. Question 2. Question : (TCO 1) Jose's lunch contains 121 grams of carbohydrate, 40 grams of protein, and 25 grams of fat. What percent of kilocalories in this meal come from fat? Question 3. Question : (TCO 1) What element makes protein different from carbohydrate and fat? Question 4. Question : (TCO 1) Which of the following is NOTa primary function of dietary protein? Question 5. Question : (TCO 1) Jane consumed a breakfast that contained 85 grams of carbohydrate, 20 grams of protein, and 18 grams of fat. How many kilocalories did Jane eat at breakfast? Question 6. Question : (TCO 1) For dinner, Bill consumes 255 grams of carbohydrate, 70 grams of protein, and 50 grams of fat. In addition, Bill decides that he wants a glass of wine with his meal. If he drinks one glass of wine containing 8 grams of alcohol, how many total kilocalories does he consume in this meal? Question 7. Question : (TCO 2) Including fiber in your diet is beneficial to your GI tract, but consuming excess amounts of fiber can result in the loss of nutrients. This statement is an example of which of the factors to consider in planning diets? Question 8. Question : (TCO 2) Which of the following is required on all food labels? Question 9. Question : (TCO 2) Which group of nutrients would be found...
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...1 Question 1 1 / 1 point Which of the following is defined as the ability of customers to drive down the price of goods and services? A) supplier power B) buyer power or the bargaining power of customers C) rivalry among competitors D) threat of price reduction Question 2 1 / 1 point Are there any direct variables that have no effect on a business' competitive position? A) yes B) No Question 3 1 / 1 point Which of the following are components of an information system? (select all that apply) A) data B) hardware C) people D) process E) software View Feedback Question 4 1 / 1 point According to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company’s standing in an industry, except for which one? A) Threat of entry of new competitors B) Political and/or economic factors C) Bargaining power of suppliers D) Threat of substitute products/services View Feedback Question 5 1 / 1 point True or false: Early research could not draw any connections between IT and profitability, but later research has shown that the impact can be positive. True False View Feedback Question 6 1 / 1 point Web 2.0 is exemplified by which of the following? (select...
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...1 Quiz 1. Question : (TCO 1) _____ is a graphical language that allows people who design software systems to use an industry stan¬dard notation to represent them. Question 2. Question : (TCO 1) Which statement is false? Question 3. Question : (TCO 1) Which of the following statements about Java Class Libraries is false? Question 4. Question : (TCO 1) Which of the following companies is widely regarded at the signature company of Web 2.0? Question 5. Question : (TCO 1) End-of-line comments that should be ignored by the compiler are denoted using Question 6. Question : (TCO 1) Which command executes the Java class file Welcome.class? Question 7. Question : (TCO 1) When method printf requires multiple arguments, the arguments are separated with _____ Question 8. Question : (TCO 1) Which of the following is a variable declaration statement? Question 9. Question : (TCO 1) Which of the following is not a Java primitive type? Question 10. Question : (TCO 1) Which of the following is not a compilation error? Week 2 Quiz 1. Question : (TCO 1) A class instance creation expression contains Question 2. Question : (TCO 1) Which of the following is a valid fully qualified name? Question 3. Question : (TCO 3) Which of the following is not a control structure? Question 4. Question : (TCO 1) Which of the following would not be...
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