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Week 1
Problem 1:
A generous university benefactor has agreed to donate a
large amount of money for student scholarships. The
money can be provided in one lump sum of $12 million in
Year 0 (the current year), or in parts, in which $7 million
can be provided at the end of Year 1, and another $7
million can be provided at the end of Year 2.
Describe your answer for each item below in complete
sentences, whenever it is necessary. Show all of your
calculations and processes for the following points:
BUS 640 Week 1 DQ 1 Firm Objectives
BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty
BUS 640 Week 1 Economics of Risk and Uncertainty
Applied Problems
BUS 640 Week 2 DQ 1 Marginal Rate of Substitution
BUS 640 Week 2 DQ 2 Demand Elasticity
BUS 640 Week 2 Consumer Demand Analysis and
Estimation Applied Problems
BUS 640 Week 3 DQ 1 Relevant Costs
BUS 640 Week 3 DQ 2 Contribution Analysis
BUS 640 Week 3 Production Cost Analysis and Estimation
Applied Problems
BUS 640 Week 4 DQ 1 Strategic Behavior Oligopolies
Firm Objectives. Why do some business firms pursue a
triple-bottom-line outcome while others focus only on
profit maximization? Please, use a real company example
to illustrate your points
Decision Making Under Uncertainty. To save on gasoline
expenses, Edith and Mathew agreed to carpool together
for traveling to and from work. Edith preferred to travel
on I-20 highway as it was usually the fastest, taking 25
minutes in the absence of traffic delays. Mathew pointed
out that traffic jams on the highway can lead to long
delays making the trip 45 minutes.
BUS640 week 1 Assignment
Problem 1:
A generous university benefactor has agreed to donate a
large amount of money for student scholarships. The
money can be provided in one lump sum of $12 million in
Year 0 (the current year), or in parts, in which $7 million
can be provided at the end of Year 1, and another $7
million can be provided at the end of Year 2.
Describe your answer for each item below in complete
sentences, whenever it is necessary. Show all of your
calculations and processes for the following points:
We have another Set (old one) of Week 2 Assignment (But
with different description, values), it can be found on
this link
http://www.bus640.com/product-16-BUS-640-Week-2Consumer-Demand-Analysis-and-Estimation-AppliedProblems
Week 2 Assignment
Consumer Demand Analysis and Estimation Applied
Problems
Please complete the following two applied problems:
Marginal Rate of Substitution. What is the marginal rate
of substitution (MRS) and why does it diminish as the
consumer substitutes one product for another? Use
examples to illustrate
Demand Elasticity. Please, read the article Hainer, R.
(2010), provided in the required readings section for this
week. The tobacco industry is a prime example to
consider when talking about price elasticity of demand.
While nicotine use can be addictive for many users, it is
not addictive for the so-called "social smokers".
What can we say about the price elasticity of demand for
nicotine products (such as cigarettes, pipes, tobacco) in
the group of nicotine addicted users, versus the group of
"social smokers"? Can we say whose demand is likely to be
more elastic? Why?
Relevant Costs. Two partners own together a small
landscaping business in North Carolina, called Summer
Lawn Care. They have been specializing in summer grass
seeding, installation, and maintenance. Recently, the
partners acquired special technology and know-how for
winter grass installations and maintenance. They also
added a tree cutting service as recent storms in the area
had caused demand for this service to soar. One of the
partners insists that the name of the business should
change to Lawn and Tree Care, so that it better reflects
the range of services and, thus, generates more customer
interest, and thus contracts.
Contribution Analysis. Explain what is meant by
“contribution analysis”. Carefully define the term and
provide examples to illustrate it.
We have another Set (old one) of Week 3 Assignment (But
with different description, values), it can be found on
this link
Production Cost Analysis and Estimation Applied Problems
Please complete the following two applied problems:
Problem 1:
William is the owner of a small pizza shop and is thinking
of increasing products and lowering costs. William’s pizza
shop owns four ovens and the cost of the four ovens is
$1,000. Each worker is paid $500 per week.
Strategic Behavior Oligopolies. An interesting example of
strategic behavior comes from a 1997 article about
Microsoft’s investment in Apple (New Straits Times,
1997). The article is included in the Required Readings
list. Facing tough anti-trust scrutiny from government
agencies, Microsoft provided financial support to Apple in
order to ensure Apple’s survival and, therefore, to ensure
that competitiveness in the industry remains. Moreover,
the partnership with Apple provided an additional market
for Microsoft’s products – the MS Office and the IE
products were to be bundled with the MAC OS as one of
the conditions for this financing.
Local Market Power. Bulls Eye department store
specializes in the sales of discounted clothing, shoes,
household items, etc. similar to the offerings at a regular
Walmart or Target. Bulls Eye is the only department store
in Show Low and the nearest other discount retailer is
Target, located 49 miles away in Eagar. Bulls Eye,
therefore, has some market power in its local area.
Despite having some market power, Bulls Eye is currently
suffering losses. An analyst at Bulls Eye is recommending
to the manager to raise prices, so that profitability can
be improved.
BUS 640 Week 4 Journal Economics in News
We have another Set (old one) of Week 4 Assignment
(But with different description, values), it can be
found on this link
http://www.bus640.com/product-10-BUS-640-Week-4Market-Structures-and-Pricing-Decisions-AppliedProblems
Market Structures and Pricing Decisions Applied Problems.
Please complete the following two applied problems:
Good Will in Price Bidding. Sometimes, a bidder on a
work contract may bid lower than what would maximize
his/her profit from the contract and the reason for that
is to create goodwill (to increase expected future
business from the buyer). How would you value the
goodwill that is obtained in this way?
New Product Introduction. Bayer Schering Pharma AG,
Germany owns the Alka-Seltzer, which was launched in
1931 and was meant for relief of minor aches, pains,
inflammation, fever, headache, heartburn, sour stomach,
indigestion, and hangovers. The Alka-Seltzer Plus was a
spin-off of the original medicine, meant to relieve colds
and flu.
The company has recently introduced a new and
improved Alka-Seltzer Plus, as described in the TV ad:
“The Cold Truth”, (please, watch the ad listed in the
Required Readings)
We have another Set (old one) of Week 5 Assignment (But
with different description, values), it can be found on
this link
http://www.bus640.com/product-6-BUS-640-Week-5Price-Quotes-and-Pricing-Decisions-Applied-Problems
Week 5 Assignment
Price Quotes and Pricing Decisions Applied Problems
Please complete the following two applied problems:
Game Theory and Strategic Behavior. Suppose that GE is
trying to prevent Maytag from entering the market for
high efficiency clothes dryers. Even though high
efficiency dryers are more costly to produce, they are
also more profitable as they command sufficiently higher
prices from consumers. The following payoffs table shows
the annual profits for GE and Maytag for the advertising
spending and entry decisions that they are facing.
Based on this information, can GE successfully prevent
Maytag from entering this market by increasing its
advertising levels? What is the equilibrium outcome in
this game?
Sustainable Competitive Advantage. Describe the
circumstances under which a firm chooses a low-cost
strategy to attain sustainable competitive advantage.
What about the situations when a differentiation strategy
is chosen? Provide specific real world examples.
We have another set of final paper based on walmart
which could be found on this link
http://www.bus640.com/product-24-BUS-640-Week-6Final-Paper-(Wal-mart)
Focus of the Final Paper
Research a specific company of your choice and identify
some of the managerial decisions that were made over
time and in response to changes in its market or
competitive environment. Use the Ashford University
Online Library and web-based sources for your research. \
We have another set of Final Paper based on Apple
company, it could be found on this link
http://www.bus640.com/product-3-BUS-640-Week-6Final-Paper-Managerial-Decision-Making
BUS640 Week 6 Paper(Wal-Mart)
Managerial Decision Making Research and Analysis
Research a specific company of your choice and identify
some of the managerial decisions that were made over
time and in response to changes in its market or
competitive environment.
BUS 640 Slingshot Academy /
bus640.com
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