When business decisions are guided purely by self or financial-interests, the company and leaders usually end up in trouble with the ethics committee and/or legal arena," a valid point. There are many organizations that are altruistic in their approach to a balance of ethics in business, their employees, and their shareholders.
3. What effect will each of the following have on the demand for small automobiles such as the Mini Cooper and Smart car? a. Small automobiles become more fashionable. b. The price of large automobiles rises (with the price of small autos remaining the same). c. Income declines and small autos ar
Torts are civil actions for claims other than a claim based on a contract. What torts might potentially affect the workplace? What actions could be taken in the workplace to eliminate or minimize the effect of the torts you identified?
37. A regional commuter airline selected a random sample of 25 flights and found that the correlation between the number of passengers and the total weight, in pounds, of luggage stored in the luggage compartment is 0.94. Using the .05 significance level, can we conclude that there is a positive association between the two variables?
37. A regional commuter airline selected a random sample of 25 flights and found that the correlation between the number of passengers and the total weight, in pounds, of luggage stored in the luggage compartment is 0.94. Using the .05 significance level, can we conclude that there is a positive association between the two varia
42. Martin Motors has in stock three cars of the same make and model. The president would like to compare the gas consumption of the three cars (labeled car A, car B, and car C) using four different types of gasoline. For each trial, a gallon of gasoline was added to an empty tank, and the car was driven until it ran out of g
See the attached file. Graphically analyze the following problem: Maximize profit = $4X + $6Y Subject to: X + 2Y (less than or equal to) 8 hours 6X + 4Y (less than or equal to) 24 hours (a) What is the optimal solution? (b) If the first constraint is altered to X + 3Y (less than or equal to) 9, does the feasibl
7-23, Consider this LP formulation Minimize cost = $X + 2Y Subject to: X + 3Y >90, 8X + 2Y >160, 3X + 2Y >120, Y<70, X,Y >0 Graphically illustrate the feasible region and apply the isocost line procedure to indicate which corner point produces the optimal solution. What is the cost of this solution?
6-42, Georgia Products offers the following discount schedule for its +- by 8-foot sheets of good-quality plywood: Home Sweet Home Company orders plywood from Georgia Products. Home Sweet Home has an ordering cost of $45. The carrying cost is 20%, and the annual demand is 100 sheets. What do you recommend?
6-37, The demand for barbecue grills has been fairly large in the past several years, and Home Supplies, Inc., usually orders new barbecue grills five times a year. It is estimated that the ordering cost is $60 per order. The carrying cost is $10 per grill per year. Furthermore, Home Supplies Inc., has estimated that the stocko
6-36, Ralph fanaro simply does not have time to analyze all of the items in his company's inventory. As a young manager, he has more important things to do. The following is a table (see the attachment) of six items in inventory along with the unit cost and the demand in units. (a) Find the total amount spent on each item du
WidgeCorp became the market leader in snack foods after acquiring a rival company, Company W. Their management style and business decision-making differed. Employees at WidgeCorp collected relevant data and through statistical analysis used this information to draw conclusions and make appropriate recommendations. Company W tend
I need to address what quality tools would be recommend to collect and present data to the VP of Huffman Trucking for a type of quality improvement process targeting truck/trailer accountability, using a GPS tracking technology for Huffman Trucking company Attached is the information about the company as well as some back
Explain and discuss the limitations of traditional strategic choice models, particularly in terms of rational choice assumptions and assumptions about control and predictability. You may wish to compare and contrast traditional strategic choice models with extended strategic thinking models based on organizational learning and s
Request assistance in developing a Business Strategy for running a Simulation. Please see attachment for more details.
? Statistical Techniques in Business & Economics text: o Ch. 19, exercise 4 Listed below is the net sales in $ million for Home Depot, Inc. and its subsidiaries from 1993 to 2002. Year Net Sales 1993 9,239 1994 12,477 1995 15,470 1996 19,535 1997 24,156 1998 30,219 1999 38,434 2000 45,738 2001 53,553 2002 58,247
Please help with the following problem. Provide 200 to 300 words. Select a company or environment of your choice. Choose a type of salary administration strategy (pay for skills, piece rate, pay for performance, etc) and discuss the advantages and disadvantages of your choice resulting in your recommendation of whether this
Look up the daily trading volume for the following stocks during a recent five-day period (please identify the five-day period chosen): Bank of America Wal-Mart Microsoft IBM Kraft Foods Randomly select five stocks from the NYSE and examine their trading volume over the same five days. a) What are the aver
1. The following table shows nominal GDP and an appropriate price index for a group of selected years. Compute real GDP. Indicate in each calculation whether you are inflating or deflating the nominal GDP data. Year Nominal GDP Billions, Price Index (1996 = 100) Real GDP, Billions 1960 $ 527.4
I need between 800 and 900 words on the following: Please use Wal-Mart as your model company. - Analyze the origin and subsequent evolution of your personal and workplace values. - Explain how your individual values drive your actions and behaviors, and analyze the alignment between your values and actions and behaviors. -
I need help answering the following questions . 1.How to recognize and extract relevant information? 2.How to collect information from a variety of sources such as databases, analyze and interpret the information, and draw conclusions to solve problems? 3.How to use reasoning to analyze and evaluate the relevance, signif
Please help with the following problem involving strategy and business analysis. 5-33 Management of Davis's Department Store has used time-series extrapolation to forecast retail sales for the next four quarters. The sales estimates are $100,000$, 120,000$, 140,000 and $160,000 for the respective quarters before adjusting fo
5-18, Sales of Cool-Man air conditioners have grown steadily during the past five years. The sales manager had predicted, before the business started. That year 1's sales would be 410 air conditioners. Using exponential smoothing with a weight of a = 0.30, develop forecasts for years 2 through 6. 5-19, Using smoothing con
In the past few years, the traffic problems in Lynn McKell's hometown have gotten worse. Now, Broad Street is congested about half the time. The normal travel time to work for Lynn is only l5 minutes when Broad Street is used and there is no congestion. With congestion, however, it takes Lynn 40 minutes to get to work. I f Lynn
Suppose you were a real estate agent and a client asked you about the typical home in a subdivision. Being the intelligent agent you are, you have gathered the following information on each house in the subdivision: price, square footage, # bedrooms, # bathrooms, and the # people in each household. What statistic would you use t
The actual sales (demand in thousand units) for 2003, 2004, 2005, 2006, and 2007 are: 1975, 2150, 2580, 3700, and 4920. (A) Use 3-period weighted moving average with the weights of 0.2, 0.3, and 0.5 to forecast the sales of 2008. (B) Use simple exponential smoothing technique with smoothing constant of 0.3 to forecast the
In detail, list and describe the pros and cons of being a technological leader as a functional strategy. b. In detail, list and describe the pros and cons of being a technological follower as a functional strategy. c. Based on your response to items a and b, indicate which functional strategy you would recommend and desc
Research the Microsoft site (http://www.microsoft.com/msft/default.mspx). Using your readings, the Library, and the Internet, and any additional resources necessary, you are being asked to complete the following sections of a Strategic Audit (See examples starting on page 78 and pages 179-185 following appendix 11.C): Analy
Please answer the 3 questions below. What is the difference among strategic, long-term, and short-term objectives? What is the relationship between objectives and goals? What are some examples of this relationship? If applicable, please provide references and URL
What are strategic objectives? What is the purpose of strategic objectives? What makes an effective strategic objective? What are some examples of strategic objectives for your organization or one with which you are familiar? (perhaps a credit card company or retail chain store i.e. Macy's or Sears)
1. What is strategy implementation? 2. What are key elements in a efficient and effective strategy implementation. 3. Why is it important to monitor the implementation of a strategy and what tools can be used to so do?