Day: April 26, 2018

Select a country that starts with the same letter as the first letter of your last name. As manager of your organization’s global operations, you are responsible to research the challenges and opportunities of staffing and managing a diverse workforce in your new location (i.e., a country of your choice other than the U.S.). Please note that diversity includes more than race and gender; it also includes other differences such as age, lifestyle, skills, ethnicity, work ethics, and so forth (Thomas, 2002).

Select a country for your company’s business. Your assignment is to conduct research about the country you selected for your company’s business and prepare a slide presentation for the CEO addressing the following:

Provide a brief overview of the country you selected for the company’s new business venture, such as the following: location; population; workforce; official language; discrimination laws; type of government (e.g., democratic, totalitarian, communist, etc.); and any other information you feel is important to understand to run a successful business.
What are some of the communications and cultural differences between the two countries, and how would those impact your business? Please explain and provide examples.
Are there differences in discrimination laws between the two countries? How would you address these differences? For example, if race, age, and/or gender were not protected by law in the country you selected, would you be able to follow the same hiring practices as in the United States? Why or why not?
Conclude your research report for your CEO by explaining some and the advantages and disadvantages of a diverse workforce.

Thomas, R. R. (1992). Beyond race and gender: Unleashing the power of your total work force by managing diversity. New York: AMACOM Division, American Management Association

Scenario You are a part of a task team and are trying to take down a drug king Pin. You and your team have been sitting on surveillance for weeks trying to gather enough evidence to finally take him down all that’s needed is an evidence of a hand to hand exchange. You’re tired of sitting on your ass you falsify that last ten percent evidence to obtain a warrant and affidavit in hopes of the sake of getting him off the streets. In doing so you could crush the case all together. You decide to confess our wrong doing opening up a full investigation which could not only break your career but set Mr. Lincoln free and back out on the streets. The team leader advises you that he relieving you of duty pending an internal affairs case investigation. He reports you to the command and also to the states Attorney’s Office for perjury.

Question. How will this incident affect your professional and personal life? How do you foresee your career and are the positive or negative? Do you feel this is the best remedy in handling this scenario? Do you think there are any bad things that can arise out of this plan of action? What affects do you think this meeting will now have? How might you have been able to handle this incident better? How might this incident affect the community? Give a one page response analyzing and answering every question…

What are in a leader of Religion sets them apart to be a leader? What is it that makes others want to follow them? What is in their personality that attracts followers that will be faithful? What is it that sets folks apart like Jim Jones and David Koresh and other leaders? Any ideas?

Religious pluralism is a tough concept for most people. We need to be as open minded as Jesus was in Mark 9. The disciples got all bent out of shape because they found others who were not of their own group healing people and using Jesus name to do so. Jesus told them if they were not against us they were for us. In other words, let them alone, they were still getting the work done! Is it possible to have different ways of doing things and still getting the same results? Just food for thought, what do you all think?
Blessings.

Write a 1,400 to 1,750 word autobiographical research paper that analyzes the influences of race as it relates to your community. In your paper, write your first person account of how human interactions in your community have been racialized. For the community, you may consider relations within your neighborhood, local government, service groups, clubs, schools, workplace, or any environment of which you are a part. Answer the following questions and provide examples: o Do members of your community look like you? In what ways do they look the same or different? o How do leaders within your community treat people who are like you? How do they treat people who are different? o How do other members of your community treat people who are like you? How do they treat people who are different? o Do your texts or work manuals contain information by or about people like you? o Do the local media represent people like you? If so, in what ways? o What are some similarities and differences between you and the people who are in leadership positions in your community? Do you think minority group interests are represented within your community? o If you could resolve any inequities within your community, what would you change? How and why? o Which main concepts from the text relate to race?

Final Paper

The purpose of the Final Paper is for you to culminate the learning achieved in the course by demonstrating your knowledge of organizational management by synthesizing the information from class into work and life experience.

Focus of the Final Paper

Think of an organization you have worked for or one with which you are very familiar. Diagnose the need for change and present a plan to transform the organization, utilizing Kotter’s 8-Step Approach. Include the following sections headings and additional sections as needed: 1.Introduction 2.Company Overview 3.Diagnosis 4.Kotter’s 8-Step Approach 5.Conclusion

The Final Paper for the course must be submitted to the instructor by 11:59 p.m. of the time zone in which you reside on the last day of the class.

Writing the Final Paper The Final Paper: 1.Must be eight- to- ten double-spaced pages in length (excluding the title and reference pages) and formatted according to APA style as outlined in the approved APA style guide. 2.Must include a title page that includes: a.Title of paper b.Student’s name c.Course name and number d.Instructor’s name e.Date submitted

3.Must include an introductory paragraph with a succinct thesis statement. 4.Must address the topic of the paper with critical thought. 5.Must conclude with a restatement of the thesis and a conclusion paragraph. 6.Must use at least five scholarly sources. 7.Must use APA style as outlined in the approved APA style guide to document all sources. 8.Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the approved APA style guide.

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

Assignment Submission

. (TCO A) Suppose you are hired to manage a small manufacturing facility that produces Widgets.

(a.) (15 points) You know from data collected on the Widget Market that market demand has recently increased and market supply has recently decreased. As manager of the facility, what decisions should you make regarding production levels and pricing for your Widget facility?

Remember that supply and demand are about the market supply and market demand, which is bigger than your own company. You are being given data on supply and demand for the whole market and are being asked what effect that has on you as a small part of that market.

(b.) (15 points) Now, suppose that following the supply and demand changes in (a), a substitute good goes up in price, and your costs of production decrease. What new decisions will you make regarding production levels and pricing for your Widget facility? (Points : 30)

Question 2. 2. (TCO B) The supply and demand schedules for tickets to basketball games in town of Oakwood are given in the table below.

Price Quantity Demanded

Quantity Supplied

$6

5,000

2,000

7

4,000

2,000

8

3,000

2,000

9

2,000

2,000

10

1,000

2,000

The stadium owners need to find the optimum price for the games.

What are the coefficients of elasticity of supply and demand if the price is raised from $6 to $8? (8 points) Characterize the demand and supply for tickets based on the calculated elasticies. (4 points) What is the optimum price that the stadium owners can set for the tickets? (4 points) Why is the selected price for the tickets better than other prices given in the table above? (4 points) (Points : 30)

Question 3. 3. (TCO C) You have been hired to manage a small manufacturing facility whose cost and production data are given in the table below.

Total Total Workers Labor Cost Output Revenue 1 $300 50 $350 2 600 140 675 3 900 220 1120 4 1200 270 1570 5 1500 300 1865 6 1800 315 2070 7 2100 320 2170

(a.) (6 points) What is the marginal product of the second worker?

(b.) (6 points) What is the marginal revenue product of the fourth worker?

(c.) (6 points) What is the marginal cost of the first worker?

(d.) (12 points) Based on your knowledge of marginal analysis, how many workers should you hire? Explain you answer. (Points : 30)

Question 4. 4. (TCO C) John operates a small business out of his home and has very little in terms of fixed costs. Answer the next questions (Parts A and B) on the basis of the following cost data for John’s firm operating in pure competition:

OUTPUT —— TFC ———- TVC 0 $30.00 0.00 1 30.00 70.00 2 30.00 120.00 3 30.00 150.00 4 30.00 200.00 5 30.00 270.00 6 30.00 360.00

(a.) (15 points) Refer to the above data. If the product price is $60, at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations.

(b.) (15 points) Refer to the above data. If the product price is $55 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations. (Points : 30)

Question 5. 5. (TCO D) A software producer has fixed costs of $30,000 per month and her Total Variable Costs (TVC) as a function of output Q are given below:

Q TVC Price 3,000 $ 5,000 $5 13,000 25,000 4 23,000 50,000 3 33,000 80,000 2 43,000 120,000 1 (a.) (15 points) If software can only be produced in the quantities above, what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity is also listed above? Why? (Show all work.)

(b.) (15 points) What should be the production level if fixed costs rose to $50,000 per month? Explain.

(Points : 30)

Question 6. 6. (TCO F)

(a.) (20 points) Suppose nominal GDP in 1999 was $200 billion, and in 2001, it was $270 billion. The general price index in 1999 was 100 and in 2001 it was 150. Between 1999 and 2001, the real GDP rose by what percent?

(b.) Use the following scenario to answer questions (b1) and (b2). In a given year in the United States, the total number of residents is 270 million, the number of residents under the age of 16 is 38 million, the number of institutionalized adults is 15 million, the number of adults who are not looking for work is 17 million, and the number of unemployed is 10 million.

(b1.) (5 points) Refer to the data in the above scenario. What is the size of the labor force in the United States for the given year?

(b2.) (5 points) Refer to the data in the above scenario. What is the unemployment rate in the United States for the given year? (Points : 30)

Question 7. 7. (TCO G and H)

(a.) (15 points) What are the arguments for and against the use of fiscal policy to fight inflation, lower unemployment, and raise GDP (Keynesian and Monetarist)?

(b.) (10 points) Any change in the economy’s total expenditures would be expected to translate into a change in GDP that was larger than the initial change in spending. This phenomenon is known as the multiplier effect. Explain how the multiplier effect works.

(c.) (15 points) You are told that 80 cents out of every extra dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $10 billion. (Points : 40)

Question 8. 8. (TCO G)

(a.) Reserve requirement for banks is set at 5%. Your firm deposits its profits of $28,000 into the Third National Bank.

(10 points) How much excess reserve does your deposit generate for the bank?

(10 points) What is the maximum amount of new money that can be created in the banking system as a result of this deposit? Show all work.

(b.) (10 points) What is the Federal Funds Rate in the banking system?

(10 points) Explain how the Fed manipulates this rate in order to achieve macroeconomic objectives. (Points : 40)

Question 9. 9. (TCO E and I) Let the exchange rate be defined as the number of dollars per Japanese yen. Assume that there is a decrease in U.S. interest rates relative to that of Japan.

(a.) (10 points) Would this event cause the demand for the dollar to increase or decrease relative to the demand for the yen? Why?

(b.) (10 points) Has the dollar appreciated or depreciated in value relative to the yen?

(c.) (10 points) Does this change in the value of the dollar make imports cheaper or more expensive for Americans? Are American exports cheaper or more expensive for importers of U.S. goods in Japan? Illustrate by showing the price of a U.S. e-reader in Japan before and after the change in the exchange rate.

(d.) (10 points) If you had a business exporting goods to Japan, and U.S. interest rates fell as they have in this example, would you plan to expand production or cut back? Why? (Points : 40)

(TCO 7) The cash budget is one of the primary financial budgets. Discuss the importance of the cash budget. Identify the individual sections of the cash budget and the information included in each section. (Points : 20)

TCO 9) Understanding how costs behave can help managers plan operations and choose between various courses of action.

Part (a): Identify and describe the three types of cost behavior, including examples of each. Part (b): As a manager, which cost behavior would you prefer and why? (Points : 20)

(TCO 6) Savanna Company is considering two capital investment proposals. Relevant data on each project are as follows.

Project Red

Project Blue

Capital investment

$400,000

$560,000

Annual net income

$50,000

$80,000

Annual cash flows

$100,000

$150,000

Estimated useful life

8 years

8 years

Savanna requires an 8% rate of return on all new investments.

Part (a): Compute the payback period for each project. Part (b): Compute the net present value for each project. Part (c): Compute the accounting rate of return for each project. Part (d): Which project should Savanna select?

(Points : 30)

(TCO 7) Farris Co.’s projected sales are as follows.

August

$240,000

September

$270,000

October

$330,000

Farris estimates that it will collect 30% in the month of sale, 50% in the month after the sale, and 18% in the second month following the sale. Two percent of all sales are estimated to be bad debts. How much are Farris Co.’s budgeted cash receipts for October? (Points : 30)

. (TCO 8) Eastern Company’s budgeted and actual sales for 2009 were as follows.

Product

Budgeted Sales

Actual Sales

A

35,300 units at $2.00 per unit

32,700 units at $2.60 per unit

B

27,900 units at $5.00 per unit

29,200 units at $4.70 per unit

Part (a): Calculate the sales volume variance. Part (b): Calculate the sales price variance. Part (c): Calculate the total sales variance. (Points : 30)

(TCO 9) Herbart Company gathered the following information on power costs and factory machine usage for the last 6 months.

Power Cost

Factory Machine Hours

January

$24,400

13,900

February

30,300

17,600

March

29,000

16,800

April

22,340

13,200

May

19,900

11,600

June

14,900

6,600

Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers.

Part (a): What is the estimated variable portion of power costs per factory machine hour? Part (b): What is the estimated fixed power cost each month? Part (c): If it is estimated that 10,000 factory machine hours will be run in July, what is the expected total power cost for July? (Points : 30)

(TCO 1) A common starting point in the budgeting process is _____. (Points : 5) expected future net income past performance to motivate the sales force a clean slate, with no expectations

Question 2.2. (TCO 2) Which of the following is not a quantitative forecasting method? (Points : 5) Moving average model Classical decomposition Delphi method Simple regression

Question 3.3. (TCO 3) Which of the following is not an example of a seasonal variation? (Points : 5) Increased restaurant sales on Fridays and Saturdays Increased retail sales in the fourth quarter Increased sales of jet skis in the summer Increased sales resulting from a special promotion

Question 4.4. (TCO 4) Which of the following statements regarding the risk associated with R & D activities is incorrect? (Points : 5) The amount of time between the R & D activity and the cash flows from the project does not affect risk. Greater risk is associated with creating new products than with improving existing products. Risk increases as the time between the R & D activity and the cash flows from the project increases. Assessing risk is a vital part of research and development.

Question 5.5. (TCO 5) Which of the following is not true of the decision packages used in zero-base budgeting? (Points : 5) Decision packages should include alternative methods of performing the activity. Decision packages may cross functional and organizational lines. Decision packages can be either mutually exclusive or incremental. Decision packages may cover either short-term or long-term periods.

Question 6.6. (TCO 6) The payback period technique _____. (Points : 5) should be used as a final screening tool can be the only basis for the capital budgeting decision is relatively easy to compute and understand considers the expected profitability of a project

Question 7.7. (TCO 6) The accounting rate of return method is based on _____. (Points : 5) income data the time value of money data market values cash flow data

Question 8.8. (TCO 6) A company projects annual cash inflows of $90,000 each year for the next 5 years if it invests $450,000 in new equipment. The equipment has a 5-year life and an estimated salvage value of $150,000. What is the accounting rate of return on this investment? (Points : 5) 6.7% 13.3% 20% 33.3%

Question 9.9. (TCO 6) Bradshaw Inc. is contemplating a capital investment of $85,000. The cash inflows over the project’s 4 years are as follows.

Year

Expected Cash Inflow

1

$18,000

2

$25,000

3

$35,000

4

$20,000

The payback period is _____. (Points : 5) 2.17 years 3.35 years 2.30 years 3.47 years

Question 10.10. (TCO 6) Hyde Inc. is comparing several alternative capital budgeting projects as shown below.

Projects

A

B

C

Initial Investment

$110,000

$90,000

$50,000

Present value of cash inflows

$100,000

$100,000

$60,000

Using the profitability index, rank the projects, starting with the most attractive. (Points : 5) A, C, B A, B, C C, A, B C, B, A

Question 11.11. (TCO 6) A company has a minimum required rate of return of 10%. It is considering investing in a project that costs $210,000 and is expected to generate cash inflows of $85,000 at the end of each year for 4 years. The approximate net present value of this project is _____. (Points : 5) $59,442 $1,387 $65,375 $5,161

Question 12.12. (TCO 7) Which one of the following is not needed in preparing a production budget? (Points : 5) Budgeted unit sales Budgeted raw materials Beginning finished goods units Ending finished goods units

Question 13.13. (TCO 7) If the required materials to be purchased are 18,000 pounds, the production needs are three times the direct materials purchases, and the beginning direct materials are three and a half times the direct materials purchases, what are the desired ending direct materials in pounds? (Points : 5) 45,000 9,000 27,000 18,000

Question 14.14. (TCO 8) A variance that results from expected economic conditions that do not materialize is called what? (Points : 5) Sales variance Planning variance Economic variance Material variance

Question 15.15. (TCO 9) A static budget is appropriate in evaluating a manager’s performance if _____. (Points : 5) actual activity closely approximates the master budget activity actual activity is less than the master budget activity the company prepares reports on an annual basis the company is a not-for-profit organization

Question 16.16. (TCO 9) If the activity level increases 10%, total variable costs will _____. (Points : 5) remain the same increase by more than 10% decrease by less than 10% increase 10%

Question 17.17. (TCO 9) Using the high-low method, what is the fixed cost for the following information?

Month

Miles

Total Cost

January

80,000

$96,000

February

50,000

$80,000

March

70,000

$94,000

April

90,000

$130,000

(Points : 5) $17,500 $36,000 $14,000 $50,000

Question 18.18. (TCO 10) What do you call a budget report that is prepared to report on unusual events that require immediate attention? (Points : 5) Advance report Special report Unique report Progress report

Marketing Goals and Objectives Continue with the case study you chose in Week 2.

Write a 3-5 page paper/analysis on your chosen case study (See Week 2) where you consider the number of product choices available in the U.S. consumer market.

This week’s component analyzes Marketing Goals and Objectives. Consider these elements as you write your paper:

Marketing Goals (should be broad, motivational, and somewhat vague)

Objectives for each marketing goal.(must contain a specific and measurable outcome, a time frame for completion, and identify the person/unit responsible for achieving the objective) Within your paper/analysis be sure to address the following:

Include a title page and 2-3 references. Only the body of the paper will count toward the page requirement. Only one reference may be located online (not Wikipedia) and the other references must be located in the Grantham University online library. Your analysis/paper should be written in your own words. When completing your assignments all spelling, punctuation, grammar, formatting, and citations should be written in APA style. Please see your instructor for any further instructions. Note: A complete layout of the marketing plan can be found in the Appendix of the text.

SWOT Analysis Continue with the case study you chose in Week 2.

Write a 3-5 page paper/analysis on your chosen case study (See Week 2) where you consider the SWOT Analysis, Marketing Goals and Objectives for your Marketing Plan.

This week’s component is the SWOT Analysis. Consider these elements as you write your paper.

Strengths Weakness Opportunites Threats SWOT Matrix

Developing Competitve Advantage Developing a Strategic Focus Within your paper/analysis be sure to address the following:

Include a title page and 2-3 references. Only the body of the paper will count toward the page requirement. Only one reference may be located online (not Wikipedia) and the other references must be located in the Grantham University online library. Your analysis/paper should be written in your own words. When completing your assignments all spelling, punctuation, grammar, formatting, and citations should be written in APA style. Please see your instructor for any further instructions. Note: A complete layout of the marketing plan can be found in the Appendix of the text

This assignment must be completed and submitted using a Microsoft Excel spreadsheet (.xls). Provide a source for each equation you use. Sources must be listed at the bottom of the spreadsheet. No title page or additional formatting is required.

Channels of Communication

It has been estimated that project managers spend up to 90% of their time communicating and your position at Roto Air is typical. Calculate the number of possible channels of communication if the project team were to grow to nine members, Important: show your work. The total number of stakeholders, including the project team, is estimated at 75 people. Calculate how many more possible channels of communication the additional stakeholders beyond the team members represent. Important: show your work. Benefit Cost Ratio (BCR)

Roto Air plans to spend $1,000,000 on this project, resulting in a total savings of $2,500,000 over the life of the project. Calculate the Benefit Cost Ratio. Important: show your work. Ignore any effects of the time value of money. Roto Air also considered another project that would have partially satisfied their needs. It would have required a $750,000 investment and would result in a savings of $125,000 per year for 10 years. Calculate the Benefit Cost Ratio. Important: show your work. Ignore any effects of the time value of money. Comparing only the BCRs, explain which project should Roto Air should have chosen. Ignore any effects of the time value of money. Payback Period

Calculate the payback period for the $1,000,000 investment shown above. Important: show your work. Ignore any effects of the time value of money. Calculate the payback period for the $750,000 investment shown above. Important: show your work. Ignore any effects of the time value of money. Comparing only on the payback periods, explain which project should Roto Air have chosen. Ignore any effects of the time value of money. Net Present Value (NPV)

Calculate the Net Present Value of Roto Air’s $1,000,000 investment with a $250,000 annual savings for 10 years when the interest rate averages 3% annually. Important: show your work