Category: Business Finance – Economics

Because the decision about relocating manufacturing operations to the United States is so important, the board of directors at AutoEdge continues to systematically discuss every aspect of the situation.

The following week, CEO Lester Scholl meets you for coffee to discuss next week’s board meeting.

“I’m hearing good things about you,” he says. “Ingrid and George tell me you’ve been very responsive and helpful.”

“That’s good to hear,” you say. “I’ve enjoyed working with them.”

“We’re both busy, so I’ll get right to the point,” he says. “One of the main objectives of any business is to be efficient. Without efficiency, the company is essentially losing money. Am I right?”

“Absolutely,” you say.

“What must AutoEdge do,” he says, “to obtain economies of scale with production? How do we know that it has achieved economies of scale? Conversely, how do we know if it is achieving diseconomies of scale?”

“That’s a good question,” you say. “I can understand why you ask.”

But before you can respond, Lester’s cell phone rings. After a minute, he ends the call and stands.

“I have to get back to the office to handle an emergency,” he says. “Would you send me an e-mail with an answer to my questions, please?”

“No problem,” you say. “I’ll get it to you before I leave work this afternoon.”

“I appreciate it,” he says. “Thanks.”

 

Write about a major economists view on modern portfolio theory. The individual can be a proponent or skeptic.

The successful submission will clearly and concisely explain the viewpoint held.

one page, APA format due in 15 hours

 

Submit an Executive Summary  that spans the entire range of topics within your MBA program and that  integrates prior learning, experiences, and insights gained throughout  the MBA program, with personal and professional development goals by  addressing the following questions:

• Page One: The MBA and Your Goals and Contributions to Social Change
  • Which content, conceptual ideas, frameworks, tools, and  assignments in your MBA improved your understanding and skills in ways  that will enable you to achieve your professional goals?
  • What impact has your improved understanding had, or what  impact do you anticipate your understanding will have, on the value you  will bring to your role within an organization and the world at large,  particularly with respect to being an agent for positive change (at the  individual, organizational and communities level)? NOTE: This is a very important element of your response, please be deliberative in your response.
• Page Two: The MBA Programs Content & Your Practice of Business Administration
  • How have the content and assignments changed the way you think of  your role within the organization and the way you will practice your  profession?
  • How have the content and assignments shaped your goals now and how do you anticipate they will shape your goals in the future?
  • How has your MBA helped you appreciate the role that an individual  manager or a business has in facilitating positive social change?

General Guidance on Assignment Length: Part 1 of your BPPG, your MBA program Executive Summary, should be approximately 2 single-spaced page(s). APA format

For this discussion, respond to the following…

How would you describe your level of moral maturity using Kohlbergs stages? No word minimum but  you need to have enough to show that you understand the content and describe all the stages. *See attached Textbook*

Week 3 Discussion 

The Tariff, the Price Elasticity of Demand and the Impact on Company Profits

Here is some help with elasticity.  

In this week’s discussion your are going to be the CEO of a company.  In anticipation of the upcoming quarterly disclosure of profits, you prepare your Board of Directors for the challenge that US Tariffs on Chinese Imports is having on profits.  Please make yourself CEO of only one of these hypothetical companies.

‘Tis the Season- ‘Tis the season is one of the largest importers of holiday decorations and the summer quarter is devoted to importing decorations such as lighting, artificial trees, table runners,  outdoor yard decorations all of which have to be ready to ship by early fall. In fact we at ‘Tis the Season has a highly inelastic supply curve, they ramp up to produce decorations for each season and then once that season has been shipped they move on to the next season.  Fortunately the price elasticity of demand for almost all of your products is 0.19.

We Build Big – We Build Big is one of the largest developers of residential structure in the US.  We Build Big, builds every thing from apartment complexes to new single family homes.  Critical materials such as lumber, gypsum board, fabricate metal etc are largely imported. We Build Big know that our production process, the supply curve, is relatively inelastic. The concern over profits is that the price elasticity of demand for housing is 1.0.

Very Big US Auto – Very Big US Auto is one of the oldest and one of the largest auto manufacturers of auto in the US.  Very Big US Auto’s supply chain is highly dependent components manufactured in China and assembled in the US. Very Big US Auto knows that the price elasticity of supply is relatively inelastic and that then the price elasticity of demand which is 1.2.

Now explain:

• Is the demand curve for your product relatively elastic, inelastic or unitary elastic?  Demonstrate for your company’s product, by how much the quantity demanded will change if you pass on the 25% increase in cost from the tariff as a price increase for your product. In other words, show your calculation of the percentage change in the quantity demanded given a 25% change in the price.
• Given your company’s price elasticity of supply and price elasticity of demand prepare a statement for your board as to the potential impact of profits.   Who will pay the the larger share of the tariff, your firm or your customers.

NOTE THERE IS NO WAY AROUND IT, YOUR RESPONSE MUST INCLUDE A CALCULATION.  DR. ISLEY COVERS THE CALCULATION IN HER LIVE SESSION.  

PLEASE DO NOT RELY ON WIKIPEDIA, INVESTOPEDIA OR ANY OTHER PEDIA AS A REFERENCE AT ANYTIME IN THIS COURSE.

FOR THE MAXIMUM POSSIBLE CREDIT OF 20 POINTS, YOU MUST COMPLETE ONE POST AND ONE FOLLOW-UP/REPLY.  MAKE SURE BOTH THE POST AND REPLY FOCUS ON THE QUESTIONS ASKED. 

  

Assignment Content

1.    Resource:

   A project plan is based on research and organizational goals. 

   Use the provided template to create a project plan that outlines the operational steps needed to meet each project objective determined in Wk 3 Apply: Project Metrics.  

   • Use the textbook and other available resources to fill in the appropriate content.  
   • Summarize the justification for your project plan. 
   • Cite all sources following APA guidelines. 
   • Submit your assignment. 

  

Hometown Deli is still using manual system for record keeping and recording transactions. So, it is difficult for managers to track inventory, know the exact requirement of material, amount due with customers etc.  Also, retrieval of data is difficult in manual system.

Hometown Del has identified Purchase processing for improvement. Company feels that improvement in purchasing process will help Hometown Delis business.

The business process modeling is an activity of representing processes of an organization so that the business process can be analyzed and improved. There are business process modeling tools which provides users the ability to model the business processes, implement those models, and refine the model. One powerful business process modeling technique is Business Process Model and Notation (BPMN).

  

There are a thousand things to consider while creating a Wikipedia page, from research to page approvals it takes months to get the page created and approved. However, there are ways that can help in creating a page effectively and in very little time! You can to get the ultimate guide before you start the Wikipedia page creation process. It will not only help you but also enlighten you about all the benefits that a Wikipedia page could garner for your business! The best tip to consider for creating your first would be to conduct a good amount of research on how to do it or how to get it done! Have you ever consulted any experts regarding a Wikipedia page? 

 Please answer the questions completely. 100 % original answer no plagiarism. Please only choose one of the following from below to write about.                      

Here is some help with elasticity.  

In this week’s discussion your are going to be the CEO of a company.  In anticipation of the upcoming quarterly disclosure of profits, you prepare your Board of Directors for the challenge that US Tariffs on Chinese Imports is having on profits.  Please make yourself CEO of only one of these hypothetical companies.

‘Tis the Season- ‘Tis the season is one of the largest importers of holiday decorations and the summer quarter is devoted to importing decorations such as lighting, artificial trees, table runners,  outdoor yard decorations all of which have to be ready to ship by early fall. In fact we at ‘Tis the Season has a highly inelastic supply curve, they ramp up to produce decorations for each season and then once that season has been shipped they move on to the next season.  Fortunately the price elasticity of demand for almost all of your products is 0.19.

We Build Big – We Build Big is one of the largest developers of residential structure in the US.  We Build Big, builds every thing from apartment complexes to new single family homes.  Critical materials such as lumber, gypsum board, fabricate metal etc are largely imported. We Build Big know that our production process, the supply curve, is relatively inelastic. The concern over profits is that the price elasticity of demand for housing is 1.0.

Very Big US Auto – Very Big US Auto is one of the oldest and one of the largest auto manufacturers of auto in the US.  Very Big US Auto’s supply chain is highly dependent components manufactured in China and assembled in the US. Very Big US Auto knows that the price elasticity of supply is relatively inelastic and that then the price elasticity of demand which is1.2.

Now explain:

• Is the demand curve for your product relatively elastic, inelastic or unitary elastic?  Demonstrate for your company’s product, by how much the quantity demanded will change if you pass on the 25% increase in cost from the tariff as a price increase for your product. In other words, show your calculation of the percentage change in the quantity demanded given a 25% change in the price. 
• Given your company’s price elasticity of supply and price elasticity of damand prepare a statement for your board as to the potential impact of profits.   Who will pay the the larger share of the tariff, your firm or your customers. 

 

Some believe that embracing corporate social responsibility (CSR) can be a competitive advantage; others believe that doing so is inconsistent with the role of business and wastes important business resources. What do you think and why? Research and cite sources that support your position.