Define the market you are interested in, and briefly explain what is behind the supply and demand curves in that market.

Applications of the Supply and Demand Model

 

Think about a real-world situation you can explain using the supply and demand model, and write about it. This example may be based on your own personal experience, your employment, or on something you’ve read.  It should be based on actual events, and not fictional (like the examples we used in class).

 

In your writing, first define the market you are interested in, and briefly explain what is behind the supply and demand curves in that market. Remember, “market” generally refers to something broader than a specific brand (e.g., new cars, not Ford cars). Then, describe some events which are affecting equilibrium in that market, how they are affecting the market’s supply or demand, and how the equilibrium price and quantity are changed as a result.  Your analysis should agree with reality: if the model predicts prices increasing, is that we actually observe?  Include at least one supply and demand graph to illustrate your text.

 

Type, and pay attention to the clarity, organization, and correctness of your writing. The graph may be hand drawn and on a separate page, but make sure your text makes clear what the graph is illuminating. If you base any of your work on something you’ve read, include a citation of your sources.

Ethical behavior is a corporate issue that affects the company’s bottom line. How do ethical issues impact organizations and operations?

PLEASE ANSWER ALL QUESTIONS BELOW THOROUGHLY…MUST USE PROPER PRONUNICATIONS GRAMMAR AND WRITING…ANY OUTSIDE SOURCES MUST BE SCHOLARLY ARTICLES, MUST BE IN CITED PROPERLY IN APA FORMAT AND HAVE AN REFERENCE PAGE ALSO

 

THIS PAPER MUST BE 400 WORD COUNT..

 

 

THIS PAPER IS DUE TODAY 10/14/15….9 HOURS FROM NOW THE SOONER THE BETTER,,,NO PLAGIARISM….MUST BE ORIGINAL WRITING SERIOUS INQUIRIES ONLY…

 

 

1. Ethical behavior is a corporate issue that affects the company’s bottom line. How do ethical issues impact organizations and operations?

 

2. nclude an example seen in the workplace, in the news, etc. that relates to real-life situations.

Analyze your selected crime from the vantage point of the following three paradigms: Classical, positivist, and critical. How would each perspective explain your crime, and how would they suggest addressing it?

2) Analyze your selected crime from the vantage point of the following three paradigms: Classical, positivist, and critical. How would each perspective explain your crime, and how would they suggest addressing it? 3) Of the three paradigms, which do you think provides the best explanation of your crime? Explain your answer. 4) Finally, design a comprehensive plan for reducing crime from your selected paradigm. Be sure to apply specific theories and theoretical concepts in your design. For example, if you select the classical perspective, you might apply routine activities theory, situational crime prevention, and/or broken windows, and so on.

What conclusions can you make about the issue of male and female pay equality? Are all of the results consistent?

Measurement and Description – chapters 1 and 2

  1. Measurement issues. Data, even numerically coded variables, can be one of 4 levels -nominal, ordinal, interval, or ratio. It is important to identify which level a variable is, as this impact the kind of analysis we can do with the data. For example, descriptive statistics such as means can only be done on interval or ratio level data. Please list under each label, the variables in our data set that belong in each group.

    Nominal Ordinal Interval Ratio

 

  1. For each variable that you did not call ratio, why did you make that decision?
  2. The first step in analyzing data sets is to find some summary descriptive statistics for key variables. For salary, compa, age, performance rating, and service; find the mean, standard deviation, and range for 3 groups: overall sample, Females, and Males. You can use either the Data Analysis Descriptive Statistics tool or the Fx =average and =stdev functions. (the range must be found using the difference between the =max and =min functions with Fx) functions.

    Note: Place data to the right, if you use Descriptive statistics, place that to the right as well.

  3. What is the probability for a:

    a. Randomly selected person being a male in grade E?

    b. Randomly selected male being in grade E?

    Note part b is the same as given a male, what is probability of being in grade E?

    c. Why are the results different?

  4. 4. For each group (overall, females, and males) find:

    a. The value that cuts off the top 1/3 salary in each group.

    b. The z score for each value:

    c. The normal curve probability of exceeding this score:

    d. What is the empirical probability of being at or exceeding this salary value?

    e. The value that cuts off the top 1/3 compa in each group.

    f. The z score for each value:

    g. The normal curve probability of exceeding this score:

    h. What is the empirical probability of being at or exceeding this compa value?

    i. How do you interpret the relationship between the data sets? What do they mean about our equal pay for equal work question?

  5. 5 . What conclusions can you make about the issue of male and female pay equality? Are all of the results consistent?

    What is the difference between the sal and compa measures of pay?

    Conclusions from looking at salary results:

    Conclusions from looking at compa results:

    Do both salary measures show the same results?

Describe your ordering system using Unified Modeling Language (UML) Use Case Diagrams.

Product Ordering System and Design Document

In the first Individual Project, you will be laying the groundwork for all of the work in this course. You will do the following:

  • Select a company and one of its products for which you will be creating an online ordering system. Get your instructor’s approval for your selections.
  • Install the required software.
  • Install the provided skeleton ordering system.
  • Customize the skeleton ordering system to meet your requirements.
  • Construct the shell document that will be your ordering system description.
  • Describe your ordering system using Unified Modeling Language (UML) Use Case Diagrams.

Now that you have a better understanding of object-oriented programming, you will use this approach to develop your interactive Java program that supports a company of your choosing to sell products online.

In this Individual Project, you will represent the design for your application using the UML diagramming techniques called use case diagrams. Later in the course, you will use another UML diagram to help design and describe your program, a class diagram.

You will also be setting up the foundation design document outline that you will add to each week. The combined Individual Project assignments will be your final Key Assignment design document deliverable.

Throughout this course, you will also be working on several aspects of this application that will result in the final version of a functioning interactive Java program. Additional information and the deliverables for each Individual Project will be provided in the assignment description for this project.

Project Selection

The first step will be to select a company and product(s) that are real or fictitious as the target for your ordering application. This project will be used as the basis for each of the assignments throughout the course, and it should conform to the following guidelines:

  • Nontrivial: The selected project company and products it sells should be realistic and only a few products (10 or fewer) should be described.
  • Domain knowledge: You should be familiar enough with the company and the products that it sells.

Select a company and products that fit these requirements, and submit your proposal to your instructor before proceeding further with the assignments in the course. You should seek approval within the first few days of the course. Your instructor will tell you how to submit this proposal and what notification will be given for project approval. Your proposal must include the following:

  • The name of the company
  • A description of the products
  • One specific product that you will use initially for your ordering system
  • The name of the product, its possible colors, and the range of costs

If you were interested in working in the hospitality industry, would you consider a job at Classic Hospitality? Why or why not?

Introduction

This assignment is divided into three parts. In Part A, you will look at a case study of motivation at Classic Hospitality and analyze how motivation theory could be applied to this business. In Part B, you will complete the exercise “Linking Concepts to Practice.” In Part C, you will write your thoughts and reflections about your experience with working in a team. Be sure to incorporate the information you have learned throughout this module into your answers.

Parts A and B will count for 10 per cent of your final course grade with marks distributed as follows:

Part Marks
Part A: Motivation at Classic Hospitality 60
Part B: Linking Concepts to Practice 40
Total 100

Part C: Working in a Team contributes to your major project and will count for 4 per cent of your major project mark.

Instructions

Part A: Motivation at Classic Hospitality (60 marks)

  • Read the case “Motivation at Classic Hospitality” on page 278 of your textbook, Fundamentals of Management, and answer the following three questions (these three questions are on page 279 in your text):
    1. If you were interested in working in the hospitality industry, would you consider a job at Classic Hospitality? Why or why not?
    2. How many activities in this case can you tie into specific motivational theories? List the activities, the motivational theory, and how the activities apply.
    3. Do you believe that bonus programs, such as an extra week’s pay if at least 95 per cent effectiveness of a job is achieved, transportation assistance, and the like, would work in other types of jobs? If so, which ones, and why? If not, why not?

Part B: Linking Concepts to Practice (40 marks)

  • The main topic in Chapter 8 is Leadership. Now it is time for you to link the concepts you learned in this chapter to practice. Answer the following two questions (these two questions are on page 245 in your textbook):
    1. “All managers should be leaders, but not all leaders should be managers.” Do you agree or disagree with this statement? Support your position.
    2. “Charismatic leadership is always appropriate in organizations.” Do you agree or disagree? Support your position.

Part C: Working in a Team (Major Project) (4% of your major project mark)

You have learned about the challenges of managing in a team environment. Now, it is time to apply your knowledge to your real-world experiences.

  • Reflect upon a time when you were involved in a team project. (It could have been in your work environment such as your work department, or in a more personal capacity, such as a church group or a soccer or football team, etc.).
  • Write a report approximately two pages in length (approximately 500 words) that answers the questions listed below.
    1. The project/team: What was it? Who was involved?
    2. The goal: What was the goal of the team? How was the goal communicated? Was it commonly held among members of the team?
    3. Your role: What role did you take on? Why? Looking back, should you have taken on a different role? Explain your reasoning.
    4. Management and Motivation: What management strategies did the leader of the team use? Was it effective? How did the leader motivate the team? Did his or her strategies work for you?

If a firm’s ROE is less than the required return, what will happen to net present value of the growth opportunities (NPVGO)?

Finance homework $50

 

 

 

Short Answer Questions: You should be able to answer these in a sentence or two (Limit explanations to half page maximum). Questions are worth 5 points each.

 

  1. Why do lower transaction costs make a market more efficient?

 

  1. If a firm’s ROE is less than the required return, what will happen to net present value of the growth opportunities (NPVGO)?

 

PROBLEMS:

For all problems, show you work and highlight your answer. Numbers in ( ) indicate how many points each item is worth. No credit will be given on problems without supporting work, even if the final answer is correct.  Unless stated otherwise, interest is compounded annually and payments occur at the end of the period.  Face value for bonds is $1000.

 

  1. (10) You have the following financial needs: At the end of year 5, you need $6000; at the end of years 6 and 7, you need $4000 (each year); at the end of year 8, you need $3000. You plan to set aside equal annual payments (at the end of) each year for the next 4 years to provide for your needs.  If the interest rate is 6%, how much do you set aside each year?

 

  1. (5) Faraday issued preferred stock with a $4.80 dividend per year.    If you buy the stock for $60, what is your return?

 

  1. (10) Five years ago, Acme issued 15-year bonds at par.  The bonds have a coupon rate of 7.6% with coupons paid semiannually.  They currently trade at $1151.50 per bond.
  2. a)Find the yield to maturity on the bonds.
  3. b)Acme wants to issue more debt.  They are considering 10-year bonds.  What coupon rate will the new bonds have if the added debt does not change the chance that Acme will default? Explain.

 

  1. (10) Gif Energy expects to have earnings per share (EPS) of $1.14 next year.  They have a retention rate of 26% and their return on equity (ROE) is 15.2%.  If the investors’ required return (cost of capital) is 6.6%, find the current stock price.

 

  1. (10) Hunt Inc. just paid a dividend of $2.60.  They expect dividends to grow at 25% for the next 2 years.  After year 2, the firm will have a retention rate of 20%.  The ROE will remain at 40%. If the required return is 17%, find the current price

 

  1. (10) Calculate the payback and profitability index. The maximum payback period is 2 years and the cost of capital is 12%.

 

Project Time 0 1 2 3
Fun Time -1000 950 400 -225
Clock Works -500 550 0 0
Bug Hugs -1100 500 500 500

 

  1. If the projects are independent, which one(s) do you select? Why?
  2. If they are mutually exclusive, which one would you prefer? Why?

 

  1. (14)Top Inc. is interested in developing a new toy.  The toys will sell for $25 each and they plan to sell 10 million toys at the end of each year for 4 years.  Variable costs are $20 per toy; fixed costs are $10,000,000 per year.  The interest expense is $3,000,000 per year.  The project requires an additional machine that costs $120,000,000 to be depreciated to a zero book value on a straight‑line basis over 4 years.  The machine has a salvage value of $20,000,000. The tax rate is 40%.  The initial investment in net working capital is $5,000,000.  No additional net working capital is needed for the project and no net working capital will be returned.  The variable and fixed costs do not include the depreciation and the interest expenses.  There is no horizon value.
  2. If the cost of capital is 8%, find the net present value.
  3. Find the internal rate of return.
  4. Do you accept the project? Explain.

 

  1. (15) You are forecasting the balance sheet and income statement for Sand Blaster for Y1.  You use the Y0 statements and the following assumptions:  Sales grow by 25%; cost of goods sold and SG&A keep the same relationship to sales.  Depreciation expense grows by $400,000.  Long-term debt has a 7% interest rate.  The firm wants to maintain the same cash balance; accruals will not change; accounts receivable turnover and inventory turnover will remain the same.  Accounts payable turnover will decrease by 2%.  The firm has excess capacity, will not issue stock and will pay a constant dividend (in dollars).  Assume there are 365 days in a year. Calculate the additional funds needed.

 

SAND BLASTER: INCOME STATEMENT (M$)

Fiscal Year Ending Y0 Y1
Sales                   190.00  
Cost of Goods Sold                   122.00  
SG&A                      50.00  
Depreciation                        3.00  
Earnings Before Interest & Tax (EBIT)                      15.00  
Interest Expense 7.00  
Earnings Before Tax                      8.00  
Taxes (40%)                        3.20  
Net Income                        4.80  
Dividends                        3.80  

 

SAND BLASTER: BALANCE SHEET (M$)

Fiscal Year Ending Y0 Y1
Cash 50  
Accounts Receivable 80  
Inventories 150  
Net Fixed Assets 960  
TOTAL ASSETS 1,240  
Accruals 20  
Accounts Payable 90  
Long Term Debt 100  
Common Stock 180  
Retained Earnings 850  
Total Liability & Equity 1,240