...Week 1 Eco 365 Article Analysis The name of the article on this paper is OP-ED: Falling Gasoline Use Means U.S. Can Just Say No to New Pipelines and Food-to-Fuel. Through this paper, we have to analyze the basis for the trends in consumption patterns. Consider the utility derived from a product or service mentioned in the article. Describe what has occurred to change the demand for the product or service and its market and equilibrium prices. Describe what has occurred to change the supply of the product or service and its market and equilibrium prices. In your opinion, is demand for this product or service price elastic or inelastic? What does this imply about how consumers respond to changes in the price of this product or service? According to an article from the Inter Press Service, gasoline consumption trends have been declining (Larson, 2013). The declined gasoline consumption has an effect on the utility that is derived from the product. There are different reasons for the decrease that include individuals using different means of transportation, use of other fuels, and decreased sales. Although the price of gasoline has risen, and is still rising, the product is still to considerably inelastic. The inelastic price on gasoline affect the economy in all ways. The decline in gasoline consumption has an effect on the utility of the product including the decline of usefulness of the product among consumers, but still needing the product for exports in the United States...
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...Heidi Wickenhauser Week 4 – Case Assignment Chapter 8, page 227 (1) What forces were in play in the misbehavior of the three CEO's? I think both normative and instrumental forces are associated with the misbehavior of the three CEO’s. A normative force describes the person’s expectations of how he or she is supposed to behave. An instrumental force is the individual’s personal interests or beliefs. All of these CEO’s were aware (if they didn’t spearhead) the employee code of conduct and policies so they are aware of what is perceived as appropriate behavior in the workplace (normative). However, these CEO’s were influenced to misbehave by their own instrumental forces. (2) What should the board of directors have in mind in the selection and periodic review of the CEO? In the selection, a candidates core values and beliefs should be of strong determination. They should also be evaluated on their past experiences, not just from a professional perspective but also personal. The CEO is the face of the company and needs to be able to lead by example and make strong, confident decisions that he truly belives is in the best interest of the organization. During a periodic review, their behavior toward others should be evaluated in addition to their success (or failure) within that period. Boards always have the organization’s best interest in their mind, especially because they are usually invested in the company in one way or another. The Board should analyze the...
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...1) Issue: My impression of CanGo is that they can be very impulsive. There is no real structure and can be based solely on being at the right place at the right time. When Liz was asked to present at the Chamber of Commerce a “game plan” she was stuck and didn’t know how her business became so successful and considered it an accident. Solution: I recommend first for a Mission and Vision statement to be the first priority in any business plan. The leaders of the company need to know what their purpose is, what they want to achieve and to whom they want to appeal. They need to create a strategic choice because they need to also identify how and why they became successful because it can be the time, location and demand of their product where they, so they can thrive off of that. 2) Issue: In the video where the idea of online gaming was proposed, there seemed like no one really knew anything about online gaming or what it was about. There was no preliminary marketing plan presented upfront and it just seemed like it was thrown out because it seemed fun and a good market. Solution: I would suggest preparing the preliminary marketing plan first and presenting it and doing some research on the business to know exactly what avenue to go through and how they are going to connect people “real time”. Online gaming can be broad and vague and there needs to be a focus or genre. Again there has to be a mission and vision statement and implementation...
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...Week 1 & 2 Video Analysis Report Week 1 & 2 Analysis Report “Poor strategic planning is worse than no strategic planning. It can be a big waste of time and money” (“Strategic Thinking”, 2011, p.1). Strategic planning plays a very crucial role in helping organizations achieve their goals. The strategic planning process requires both managers and their subordinates to work together as a team to design, plan and implement those goals. We have noticed that there have been some deficiencies in the leadership of CanGo Inc. We have also provided some recommendations for the management team to improve their weaknesses so that the company can continue to stay successful in achieving its goals and launching itself to the online gaming industry. (1) There is a lack of mission, vision and value in CanGo Inc. Liz, the founder and CEO started her company with an emergent strategy process. This strategy would not allow the company to stay successful in the long run. Liz thinks that the success of the company has nothing to do with strategic planning. As a result, she fails to recognize the importance of strategic management planning. This issue is the top priority to be addressed because it is the core foundation of the success of the company (BUSN 460, Week 1 Video, 2003). (2) However, the management fails to analyze the company’s position in the market to set reasonable long-term and short-term goals. The goals and expectations seem to be unrealistic or unachievable. Goals that...
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...1. CanGo’s undefined Mission Statement The absence of a clear Mission Statement as a road map for the company is needed for the company to survive in the market place and stay competitive. The mission statement of any establishment, defines the clear intension of a business in term of which road it will travel in the market place to stay competitive. In the week -1 introductory video, CanGo seems to be doing very well in the market place. This was evidence by the telephone call that was made to Liz by the President of the Hudson Valley business association. When Liz was inverted to speak at the Hudson Valley business meeting to share her expertise with the rest of the business community, she could not define how the business was organized the system she and her management team have used to be so successful in the Hudson Valley. She could not clearly say where she came from as a business, where she is and where she will be going as a business. This seems clear to us that CanGo lacks a mission statement for the smooth operation of the business. If CanGo continue on this path, the company may and will experience major setbacks in areas of business growth and development, accountability and the ability to stay in the market places if other market forces come against her. Recommendation: CanGo like any other business is in the market place to survive and be profitable. Therefore if CanGo must survive and be competitive it must develop a mission statement as a foundation for...
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...Based on the first two week of observation, Innovative Financial Management & Consulting Services (IFM) has noted the following issues and our recommendation for your review. ISSUE #1: No Mission Statement or Company Vision RECOMMENDATION: It is the recommendation of IFM that a formal mission statement and company vision be defined. A mission statement defines why the organization exists and what it does, and is also a way of ensuring that everyone in the organization is on the same page. A mission statement also serves as a base line for effective business planning. A vision statement focuses on the organization's future; it can also robustly communicate the company’s purposes and inspire your team or organization. IFM consultants will meet with the Board of Directors to help define the company’s mission statement and vision. ISSUE #2: No Strategic Plan RECOMMENDATION: Once the CanGo mission and vision have been finalized and approved by the board, IFM consultants will develop a strategic plan through the following process: • Conduct a SWOT analysis • Review SWOT analysis and outline CanGo’s strengths, weaknesses, opportunities and threats • Define objectives, key strategies and short and long term goals • Define operational plan Once the strategic plan has been fully developed and approved by the CanGo Board of Directors, IFM will present the plan to leadership and ensure it is fully communicated to all employees. ISSUE #3: Poor Communication RECOMMENDATION:...
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...GM530 Case Analysis Everyone tries to make good decisions. However, it is easy to overlook important factors, miss desirable options, or base the decision on unreliable information. In addition, fear of making a wrong choice can cause Mark and his family to postpone decisions, which can lead to missed opportunities. A structured decision-making process ensures that important decisions sure as the one Mark and his family’s facing are made on time and are based on facts, research, and analysis. The general nature of the problem involves Marco Incorporated profits dropping over the past several years. Marco started seeking others ways to improve their financials. Mark and his family have to make a decision that will impact their entire family, including their child, other family members, friends, and Annie’s career. The event that triggered the situation was the drop in profits for Marco Incorporated. They were trying to find a way to improve their financial situation and ultimately decided to sell the company to a Holding Company under certain conditions. Marco had to reduce the number of employees and relocate all the senior managers to the East Coast. There are some constraints imposed on this situation. Mark was offered his senior management position if he is willing to relocate to the East Coast. The family has roots in Illinois, which include a good family support system, a child in middle school, a baby on the way, having to sell their home in...
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...Name: Sanchia Lawrence Dr. Sara Fischer EDU620-Assignment #1 September 14,2014 Week 1 Assignment Part 1 Read the material and answer the following questions, briefly. 1. What are the criteria to determine who gets Academic Intervention Services (AIS)? The purpose of Academic Intervention Services (AIS) is to provide support at the school level for students that are performing below grade-level expectations. These grade level expectations are determined by State designated performance level on Statewide assessments. The AIS team consists of educational professionals who determine the academic intervention needs of students. The team assesses students and determine the appropriate service that address the determined academic issues. They monitor students on an ongoing basis to determine whether these methods are resulting in an increased student learning and achievement. 2. What is the definition of LEP students, according to NYSED Part 154?...
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...Team B Video Analysis Report of CanGo Innovative Financial Management & Consulting Services BUSN 460 Based on the first two week of observation, Innovative Financial Management & Consulting Services (IFM) has noted the following issues and our recommendation for your review. ISSUE #1: No Mission Statement or Company Vision RECOMMENDATION: It is the recommendation of IFM that a formal mission statement and company vision be defined. A mission statement defines why the organization exists and what it does, and is also a way of ensuring that everyone in the organization is on the same page. A mission statement also serves as a base line for effective business planning. A vision statement focuses on the organization's future; it can also robustly communicate the company’s purposes and inspire your team or organization. IFM consultants will meet with the Board of Directors to help define the company’s mission statement and vision. ISSUE #2: No Strategic Plan RECOMMENDATION: Once the CanGo mission and vision have been finalized and approved by the board, IFM consultants will develop a strategic plan through the following process: • Conduct a SWOT analysis • Review SWOT analysis and outline CanGo’s strengths, weaknesses, opportunities and threats • Define objectives, key strategies and short and long term goals • Define operational plan Once the strategic plan has been fully developed and approved by the CanGo Board of Directors, IFM will...
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...Week One Assignment: 3 Day Diet Analysis SCI241 April 29, 2012 Week One Assignment: 3 Day Diet Analysis My current eating habits are not the greatest, to say the least. Instead of eating healthy for breakfast, such as oatmeal, fruit, and juice, I usually eat a couple of waffles doused with maple syrup and peanut butter. And I have a Pepsi. Lately I have been trying to eat yogurt with granola instead, but I also just realized that the granola is not helping me in the calorie situation. For lunch, if I am at work, I will usually order something from the cafeteria which almost always includes French fries. Sometimes I will order chicken strips, other times a French dip. Lately, I have been trying to bring leftovers from dinner to save money, and I am hoping that helps me a little bit in the calorie department. But again, I always have at least 20 oz. of soda with lunch. I have started bringing a water bottle with me to work so that I am not always relying on soda for my liquid. For dinner, a lot of the time I eat out, which I know the portions are always huge at restaurants, but I still eat it all anyways. I have tried cooking at home more often, which also (hopefully) saves some on calories. With dinner I usually have a couple cans of Pepsi. I have noticed lately that I am gaining weight also, which is very frustrating. I had been at a point that I was losing weight, and I think it is because I was not eating breakfast, and now I make sure that I do. Based...
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...1. What did the customer server do well in this "scenario” The customer server asked his customer what kind of jackets his customer was trying to purchase. This is helpful because if the customer server knows about the specific jacket that his customer is trying to purchase then he can follow up with her and tell her if it’s in stock or not. Additionally the customer server asked if she recieved a reciept online. This question is resourceful because the receipt will be proof of her purchase. He also says to her that the reality is that she needs something and they don’t have it. This proves that the customer server is listening into her needs and that he gives her frequent feedback in this negotiation process. He then tells her to let him come up with a solution that will work for her and then he goes on to explain what he has. After that he offers her a discount which is great in the negotiation process because he’s unbundling his product so the customer doesn’t go...
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...MGMT530 – Conference Decision Week 1 Case Analysis Template 1) Define the decision problem? As indicated by the scenario it seems that the decision problem is a matter if the accounting systems annual conference that is previously scheduled to occur on September 13-16,2005 should be canceled, due to the fact Hurricane Katrina has occurred and demolished building and homes leaving them in ruin in the city of New Orleans, Louisiana. The primary issue thus becomes does the board or committee moves the conference to a future date or have conference at another location that would thus incur higher costs for hotel for patrons of the conference in addition to it would be a price increase for flights that were already scheduled to New Orleans. 2) What is the general nature of the problem? The issue is categorized as a non-program problem due to the fact that it is a natural disaster that is not able to be controlled. Since it is not able to be controlled areas no forecasting as to the extent of damage nor the range of geographic devastation that will occur to the area or surrounding cities. 3) What event triggered the situation? Hurricane Katrina has laid ruin to the city of New Orleans, Louisiana. Thus patrons are not able to stay in the allocated hotel for the conference to be held. 4) What are the imposed constraints on the situation? The constraints on the particular situation are the fact that 200 and participants have already prepaid for the conference...
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...EDU 671 Week 4 DQ 1 Data Analysis Practice To Buy This material Click below link http://www.uoptutors.com/edu-671-ash/edu-671-week-4-dq-1-data-analysis-practice Mills (2014) shares in Chapter 6, “the interpretation of qualitative data is the researcher’s attempt to find meaning, to answer the ‘So what?’ in terms of the implications of the study’s findings” (p. 133). He adds that data analysis and interpretation is “. . . a process of digesting the contents of your qualitative data and finding related threads in it” (133). Analyze the middle school scenario, Flipped Math Class. Explain your process for coding and categorizing the qualitative data. What patterns and/or themes did you discover? Answer the “So What” for your team of teacher-researchers based on your findings. What steps does your team need to take to address these issues before implementing the innovation of a flipped classroom? Pages 138-139 in Action Research: A Guide for the Teacher Researcher provide an example of coding from a transcript. Guided Response: Consider the analysis and interpretation of at least two of your classmates. Did you find similar themes or patterns? Examine their interpretation of the data. Did they discover something you didn’t? Is there something you think is lacking in their interpretation? Provide specific feedback by asking a probing question and/or providing your interpretation of their analysis and next steps. *It is expected you follow-up by the last day of...
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...BUS 630 Week 5 DQ 1 Variance Analysis in a Hospital To Buy This material Click below link http://www.uoptutors.com/BUS-630/BUS-630-Week-5-DQ-1-Variance-Analysis-in-a-Hospital Complete problem 10-15 in the text and answer the three required questions. John Fleming, chief administrator for Valley View Hospital, is concerned about the costs for tests in the hospital’s lab. Charges for lab tests are consistently higher at Valley View than at other hospitals and have resulted in many complaints. Also, because of strict regulations on amounts reimbursed for lab tests, payments received from insurance companies and governmental units have not been high enough to cover lab costs. Mr. Fleming has asked you to evaluate costs in the hospital’s lab for the past month. The following information is available: * Two types of tests are performed in the lab-blood tests and smears. During the past month, 1,800 blood tests and 2,400 smears were performed in the lab. Small glass plates are used in both types of tests. During the past month, the hospital purchased 12,000 plates at a cost of $28,200. This cost is net of a 6% quantity discount. 1,500 of these plates were unused at the end of the month; no plates were on hand at the beginning of the month. * During the past month, 1,150 hours of labor time were recorded in the lab at a cost of $13,800. * The lab’s variable overhead cost last month totaled $7,820. Valley View Hospital has never used standard costs. By searching industry...
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...Mathematical Pedagogy #1 Before you watch the number talk for 65+19 in a first-grade class, think about how you would mentally solve this problem. Write down your own strategy to solve it: 1) Your solution strategy for mentally solving 65+19: I would start to solve this problem mentally, by first mentally stacking the two numbers and starting on the left. I would mentally picture only the 9 and the 5 and proceeded to add them together (9+5=14). Once I came to the conclusion that the answer was fourteen, I then moved the left side of the problem and added together 6+1+1. After that, I simply put together the two answers and came to the conclusion that the answer is 84. 2) Write down the solution strategies that students generated for 65+19. Explain how are students using number relationships or decomposing the numbers to solve the problem? The first student came to the solution that 65+19=84. He proceeded to tell the teacher and his classmates that he came to this solution by first adding ten to sixty-five (65+10=75), but he knows that he still needs to add nine. He then decided to add five to seventy-five, so that...
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