...ECO 365 Week 5 Learning Team- B Competitive Strategies and Government Policies Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/eco-365-week-5-learning-team-b-competitive-strategies-government-policies/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Competition and Policies Influencing the Airline Industry Emerging Companies, Mergers, Globalization, Pricing, and Profits The airline industry is characterized by increased levels of competition as a result of new companies that venture into the market. Such new entrants bring about an increased level of competition for the existing volumes of consumers that the different airlines have to share. Mergers occur when two companies come together to combine resources, market share, and experience to acquire a better position in the market. Mergers also create a greater pool of resources and stability, which is attractive to consumers. Globalization brings about a higher level of travelling where people will be moving from one point to another. As a result, airline services will be at a greater demand and hence increase business. However, this will also mean that airlines from foreign nations can access any region and as a result there is greater competition (Botten & McManus, 1999; University of Phoenix, 2011)...
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...ECO 365 Week 5 Learning Team B Competitive Strategies and Government Policies http://homeworklance.com/downloads/eco-365-week-5-learning-team-b-competitive-strategies-government-policies/ Competition and Policies Influencing the Airline Industry Emerging Companies, Mergers, Globalization, Pricing, and Profits The airline industry is characterized by increased levels of competition as a result of new companies that venture into the market. Such new entrants bring about an increased level of competition for the existing volumes of consumers that the different airlines have to share. Mergers occur when two companies come together to combine resources, market share, and experience to acquire a better position in the market. Mergers also create a greater pool of resources and stability, which is attractive to consumers. Globalization brings about a higher level of travelling where people will be moving from one point to another. As a result, airline services will be at a greater demand and hence increase business. However, this will also mean that airlines from foreign nations can access any region and as a result there is greater competition (Botten & McManus, 1999; University of Phoenix, 2011). Pricing, Sustainability of Profits, and Horizontal Merger The level of competition in the industry determines how the different airlines will price their services to attract a higher number of consumers. High levels of competition may cause the businesses in the industry...
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...LEARNING TEAM CHARTER – TEAM “D” Course Title ECO/365 Principles of Microeconomics Team Members/Contact Information Name Phone Time zone and Availability During the Week Email xxx-xxx-xxxx (e.g., AZ “Mtn Time”, Mon-Sat 9-11pm) Latosha McFarlin 904-412-4370 EST – Mon - Fri any time after 5:30 and Saturday any time after 1pm Tasha.mcfarlin@yahoo.com Theodore Metzger (TJ) 785-342-4721 CST – Available by text and e-mail at all times. I work odd hours and schedule changes so by text or e-mail is the best Remimetzger303@gmail.com Team Ground Rules and Guidelines What are the general expectations for all members of the team? Latosha – I expect all team members to contribute to all Team assignments, to participate in discussions within the team and to adhere to set agreed upon set deadline for assignment submission. TJ-In my past classes we had different team leaders each week and I have nothing but positive results with this. So I feel like we need team leaders. Expectations for Time Management and Involvement (Participation, communication with the team, accessibility, etc.) Latosha – Each week we will set a deadline for assignment submission. If you cannot meet that deadline we should communicate status updates to the team in a timely matter so that we can make necessary adjustments. I have listed my cell# and available time; please do not hesitate to call me if needed. TJ-Check in on...
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...ECO/365 WEEK 3 HOMEWORK 1. Sally is considering opening her own beauty salon. She anticipates the following costs/year: Furniture: | $20,000 | Equipment: | $14,000 | Rent: | $12,000 | Coloring products: | $6,000 | Styling products: | $4,000 | Additionally, Sally is withdrawing $34,000 from her savings account that pays 4% interest/year to purchase the furniture and equipment; she will quit her current job that pays $25,000 per year. She expects total revenues from the new business in the first year to be $70,000. Calculate the following: a. Explicit costs (list the items and amounts). * Furniture $20,000 * Equipment $14,000 * Rent $12,000 * Supplies $10,000 b. Implicit costs (list the items and amounts). * Interest that would have been earned from savings $1,360 * Lost salary $25,000 c. Accounting profit. $-56,000 d. Economic profit. -12,360 e. Given this first-year information only, should Sally open a salon? No, Sally is losing money but if she stayed in business long enough she could gain it back. 2. State whether the following decision is a short-run or long-run decision: a. ADM is deciding whether to install machinery that uses Human Machine Interface technology or 8-layer PCB prototype technology in its manufacturing plant. * Long run b. Wal-Mart hires additional seasonal workers during November and December. * Short run c. Bassett furniture manufacturers close all manufacturing...
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...of spa and wellness and exploring brave, new directions. It is gratifying to see a healthy dose of healthy travel in several of the trends; bold new ideas in mainstays like aromatherapy and hot springs take hold; and the development of new models for classic destination spas. It is also rewarding to watch trends in technology, beauty and fitness shape how we will live (and look)—and even take note of how the industry will help people address dying, illness and major life changes. And finally, there is a trend we forecasted in 2013 that continues to capture our imagination: mindfulness. We feel strongly that it is important to watch how this is evolving, and you’ll see a short synopsis of this “über trend” in the report. Spafinder Wellness 365™’s Trends Forecast reports on what is happening in our industry, but we also strive to present a true forecast of what lies ahead. Some ideas are still on the horizon, but we think you’ll see much more about them in the not-too-distant future! I’d like to thank Spafinder Wellness, Inc.®’s new Chief Brand Officer Mia Kyricos, who has joined our trend-tracking team, as well as thank our research and editorial teams, led by Beth McGroarty, for their many contributions in making this report so robust. Together, we remain passionate about the spa and...
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...Supply and Demand Simulation Joseph Silva Eco 365 FARIBA KHERADMAND 5/6/14 In this paper we will be observing the key points of microeconomics and how it relates to week twos supply and demand simulation. We shall go over and review the basic principals on how the supply and demand curve works and is effected in certain senarios. Also in this summary we will go over the affects on equlibrium price, quantiy, and decision making. Finally we will talk about the firms stategies how it relates to the senario. The senario in this simulation brings you to a new city called Atlantis where you are a property manager of some two bed room apartments. Your job is to manage the rental rates and make sure things don’t get out of hand in reguads to shifts in the demand and supply. The first topic we shall review in this paper is the miro and macro economic principles that came up in the simulation. From the the microeconomy stand point the two concepts that came up were the supply and demand as well as price cellings. The supply and demand was the most obvious one to choose. In the simulation you had to figure out how much the supply and demand curve shifted. In most cases the demand curve was always shifting due to the preferences of the simulation always changing. If the population increased then the demand for the apartments increased. Same thing if the preference changed it could cause and increased affect or a decreased...
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...Supply and Demand Simulation Stephanie Barnett Week 2 Individual Assignment ECO/365 Instructor Monday, December 02, 2013 Supply and Demand Simulation The simulation was extremely informative, effective, and a valuable learning experience. I feel it has enabled me to evaluate management options and connect through visual stimuli. The scenarios presented real-world situations and decisions and dealt with quantity demanded, quantity supplied, demand curves, supply curves, equilibrium prices, and the factors that affect them all. I also found the price ceiling scenario most interesting and familiar as many apartments where I live are city or government mandated. Most of the concepts in this simulation were relative to microeconomics, the theories, practices, and management in an organization. However, the government mandated price ceiling reflects macroeconomic theories, practices, and management of a states, regions, or countries. Scenario I In the first scenario the objective was to decrease the vacancy rate while maximizing profits. My decision to decrease the vacancy rate to 5 percent by reducing the rental rate to $950 enabled GoodLife to increase occupancy/demand on their two-bedroom apartments; fully maximizing their profits. My decision would also leave GoodLife with a surplus of product/apartments, which is not so good in regards to maximizing profits. In order to rent these surplus of apartments GoodLife...
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...LEARNING TEAM CHARTER – TEAM “A” |Course Title |ECO/365 - PRINCIPLES OF MICROECONOMICS | | | | | | | | | | | Team Members/Contact Information |Name | |Phone | |Time zone and | |Email | | | | | |Availability During the Week | | | |Tierra Lias | |404-372-2436 | |Mon – Fri (8am-5pm: Text Only) | |Tierra.lias@gmail.com | | | | | |Sat-Sun (any time after 2pm) | | | | | | | |Flexible by phone any other time | | | |Keith | |702-541-5746 | |Anytime after 6:30 | |skeithshaw@yahoo.com | |Shaw | | | | ...
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...and my little lectures associated with each conference. You must use the textbook and the Course Content readings with dependence on the text first, and the articles second. Every discussion requires that you demonstrate your reading of assigned material, so please attend to them. The lectures are designed to expand your understanding of the policy problem for the week and I embed them as a part of the discussion. You do not need to address my postings, but if they stimulate ideas, please do. Please note reference format for Stenzel in each conference below, and the other readings. Except for Chapter 1, he is the editor, not the author of the chapter. He does not claim authorship of Chapter 1 but you may cite him. I have written each of the references in the proper APA format. Do not reinvent the wheel. Use my references when you prepare references for your conferences. Yes, all academic writing follows APA, including the conferences. My reasoning? Practice makes perfect. Periodically APA changes its style manual. And periodically I check it. If you see something, let me know. Please note that during the first week of class we introduce ourselves and read my lecture on academic integrity. I will say that most students have no issues with academic writing, and I do use the class as an opportunity for students to work on their writing skills, if needed. Conference 1 (We start the Stenzel text conference 2) Policy: If the CIO is to be valued as a strategic actor, how can he...
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...The Negative and Positive Ecological Impacts of Technology Introduction In today's society more people are working longer hours and utilizing more technology in their everyday life. As a result of these longer hours and increased use of technology, more energy is being consumed. (Hayden and Shandra 575) The impact that this is having on the environment is substantial in both negative and positive ways. It is hard to deny the benefits modern technology has produced for the world, in industry and in everyday life. With more and more technological breakthroughs, there have been many positive ecological impacts. However, it is also hard to deny that there are considerable negative impacts as well. Supporters of a work reduction scheme maintain that the reduction in hours will have a positive effect on the environment and the raw materials that are used on a daily basis. (Hayden and Shandra 576) Though the argument that a reduction in hours will result in a better quality of life is largely agreed upon, the theory that a reduction in hours will reduce the negative impacts on the environment is still one of contention as there is no concrete evidence to back it up. (Hayden and Shandra 576) To counter this theory, there are those who argue that a reduction in hours will not result in a redution in damage to the environment. Each year, technology is making advances in producing low energy products that will reduce the damage to the environment. It is argued that with these advances...
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...ECO/365 Final Examination Study Guide This study guide prepares you for the Final Examination you complete in the last week of the course. It contains practice questions, which are related to each week’s objectives. Highlight the correct response, and then refer to the answer key at the end of this Study Guide to check your answers. Use each week’s questions as a self-test at the start of a new week to reflect on the previous week’s concepts. When you come across concepts that you are unfamiliar with, refer to the Student Guide for that particular week. Week One: Fundamentals of Microeconomics Objective: Differentiate between macroeconomics and microeconomics. 1. Macroeconomics is the study of individual choice and how that choice is influenced by economic forces the study of the pricing policies of firms and the purchasing decisions of households the study of aggregate economic relationships an analysis of economic reality that proceeds from the parts to the whole 2. The invisible hand theorem comes from microeconomics macroeconomics sociology political science Objective: Analyze the effect of changes in supply and demand on the equilibrium price and quantity. 3. The law of demand states that the quantity demanded of a good is inversely related to the price of that good. Therefore, as the price of a good goes up, the quantity demanded goes up up, the quantity demanded goes down down, the quantity demanded goes down down, the quantity demanded...
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...Team B’s Week 5 Assignment ECO/365 Automotive Industry Introduction The automotive industry is one of most important businesses in the World, creating a variety of vehicles for consumers worldwide. Management teams must learn to recognize how changes in other businesses can directly or indirectly affect the success of firms in the same industry or another type in domestic and global markets. The following paper analyzes the effects of changes in the automotive industry and how regulations held by the government control the financial and consumer aspects this industry maintains domestically and globally. A Company Emergence in Market Mergers and Globalization Functioning as an evolving market, automotive firms all the world find innovative ways to appease customers by offering the multitude of vehicles meeting consumer needs. New companies entering the automotive industry are competitive businesses exploring ways to expand professionally through vertical mergers. “The automotive industry is literally built on the concept of vertical integration – that is, one company owning both the manufacturing and as much of the supply chain that leads to the factory floor as possible,”(Gorzelany, 2014.) For instance, currently Tesla Motors in building a $5 million dollar “giga-factory” to power its electric vehicles with half of its investment coming from Panasonic, Tesla’s partner in this vertical merger. Panasonic is a successful battery...
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...Executive Summary As reported in its Annual Report on Form 10-K for fiscal year ended September, 27, 2015, Whole Foods Markets, Inc. continues to be the leading natural and organic foods supermarket (and the 5th largest public food retailer and 10th largest food retailer based on industry 2014 sales rankings), currently operating 431 stores in 42 U.S. states and the District of Columbia, 10 in Canada and 9 in the United Kingdom. In this case study, “ WFM” or the “Company” will refer to the parent company and the name “Whole Foods” will refer to its stores and grocery business generally. What started as a single small natural foods store called SaferWay in Austin, Texas in 1978 led to the opening of the original Whole Foods Market in 1980, followed by a combination of building new stores and acquiring existing ones. WFM went public in 1992 and not only continued to increase the number and size of Whole Foods stores, but also raised industry standards for the production and distribution of natural foods as well as promoting respectful and sustainable farming and business practices. Additionally, WFM is regularly recognized as one of most desirable employers, with human resources and management practices that allow for more regional discretion and local involvement plus genuine employee input, enhanced employee education and development, and relatively higher compensation within the industry. Founder and CEO John Mackey strives to balance his health- and environment-oriented...
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...Competitive Strategies and Government Policies ECO/365 Principles of Microeconomics October 28, 2013 Feedback from Instructor (Published: Sat 11/02/2013 07:04 PM MST) Earned Points: 9.6/10 Comments: Week 5: Team Paper Assignment Grading Rubric =========================================================== CONTENT 70% Address the following topics: (1) New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity in your industry or one with which you are familiarhorizontal, vertical, or conglomerateand explain why you made that choice.: Content Grade / Comments: Good, meets expectations. Good amount of detail about auto industry globalization and competition. (2) Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities Content Grade / Comments: Mostly good. You could have gone into more detail about the incentives created and the (unintended) consequences of regulations and how this impacts decisions made by the firm. (3) Global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in your chosen industry Content Grade / Comments: Good, but this section seems more hypothetical and less applied. You should have given more details related to banking, but overall good points. (4) Recommend how the industry you chose may respond...
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