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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 BUS 640 Week 4 DQ 2 Local Market Power BUS 640 Week 4 Market Structures and Pricing Decisions Applied Problems BUS 640 Week 4 Journal Economics in News BUS 640 Week 5 DQ 1 Good Will in Price Bidding BUS 640 Week 5 DQ 2 New Product Introduction BUS 640 Week 5 Price Quotes and Pricing Decisions Applied Problems BUS 640 Week 6 DQ 1 Game Theory and Strategic Behavior BUS 640 Week 6 DQ 2 Sustainable Competitive Advantage – PowerPoint PPT presentation

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Title: BUS 640 Course Career Path Begins bus640dotcom


1
BUS 640 Course Career Path Begins /bus640dotcom
  • FOR MORE CLASSES VISIT
  • www.bus640.com

2
BUS 640 Entire Course
  • BUS 640 Week 1 DQ 1 Firm ObjectivesBUS 640 Week
    1 DQ 2 Decision Making Under UncertaintyBUS 640
    Week 1 Economics of Risk and Uncertainty Applied
    ProblemsBUS 640 Week 2 DQ 1 Marginal Rate of
    SubstitutionBUS 640 Week 2 DQ 2 Demand
    ElasticityBUS 640 Week 2 Consumer Demand
    Analysis and Estimation Applied ProblemsBUS 640
    Week 3 DQ 1 Relevant CostsBUS 640 Week 3 DQ 2
    Contribution AnalysisBUS 640 Week 3 Production
    Cost Analysis and Estimation Applied ProblemsBUS
    640 Week 4 DQ 1 Strategic Behavior Oligopolies

3
BUS 640 All New Assignments
  • 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

4
BUS 640 Week 1 DQ 1 Firm Objectives
  • 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

5
BUS 640 Week 1 DQ 2 Decision Making Under
Uncertainty
  • 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. He preferred
    to travel along Shea Boulevard, which was longer
    (35 minutes), but rarely had traffic jams. Edith
    agreed that in case of traffic jams, Shea
    Boulevard was a reasonable alternative. Neither
    of them knows the state of the highway ahead of
    time.

6
BUS 640 Week 1 Economics of Risk and Uncertainty
Applied Problems (New)
  • 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. 

7
BUS 640 Week 2 Consumer Demand Analysis and
Estimation Applied Problems (New)
  • 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-2-Co
    nsumer-Demand-Analysis-and-Estimation-Applied-Prob
    lems
  • Week 2 Assignment 
  • Consumer Demand Analysis and Estimation Applied
    ProblemsPlease complete the following two
    applied problemsProblem 1Patricia is
    researching venues for a restaurant business. She
    is evaluating three major attributes that she
    considers important in her choice taste,
    location, and price. The value she places on each
    attribute, however, differs

8
BUS 640 Week 2 DQ 1 Marginal Rate of Substitution
  • 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

9
BUS 640 Week 2 DQ 2 Demand Elasticity
  • 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?

10
BUS 640 Week 3 DQ 1 Relevant Costs
  • 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. The second partner wants to keep
    the old name and argues, We have already paid
    for business cards, vehicle paint, signage, and
    ads in Yellow Pages. Evaluate the arguments of
    the two partners. Explain and illustrate their
    points by identifying the relevant and irrelevant
    costs for this decision.

11
BUS 640 Week 3 DQ 2 Contribution Analysis
  • Contribution Analysis. Explain what is meant by
    contribution analysis. Carefully define the
    term and provide examples to illustrate it.

12
BUS 640 Week 3 Production Cost Analysis and
Estimation Applied Problems (New)
  • 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
    ProblemsPlease complete the following two
    applied problemsProblem 1William is the
    owner of a small pizza shop and is thinking of
    increasing products and lowering costs. Williams
    pizza shop owns four ovens and the cost of the
    four ovens is 1,000. Each worker is paid 500
    per week. 

13
BUS 640 Week 4 DQ 1 Strategic Behavior Oligopolies
  • Strategic Behavior Oligopolies. An interesting
    example of strategic behavior comes from a 1997
    article about Microsofts 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 Apples survival and,
    therefore, to ensure that competitiveness in the
    industry remains. Moreover, the partnership with
    Apple provided an additional market for
    Microsofts products the MS Office and the IE
    products were to be bundled with the MAC OS as
    one of the conditions for this financing.

14
BUS 640 Week 4 DQ 2 Local Market Power
  • 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.
    The manager is unsure of this strategy as recent
    data points to increasing numbers of individuals
    shopping more and more. What are the pros and
    cons of raising the prices at Bulls Eye and would
    that strategy be profitable?

15
BUS 640 Week 4 Journal Economics in News
  • BUS 640 Week 4 Journal  Economics in News

16
BUS 640 Week 4 Market Structures and Pricing
Decisions Applied Problems (New)
  • Market Structures and Pricing Decisions Applied
    Problems.Please complete the following two
    applied problemsProblem 1Roberts New Way
    Vacuum Cleaner Company is a newly started small
    business thatproduces vacuum cleaners and
    belongs to a monopolistically competitive market.
    Itsdemand curve for the product is expressed as
    Q 5000 25P where Q is the number ofvacuum
    cleaners per year and P is in dollars. Cost
    estimation processes have determinedthat the
    firms cost function is represented by TC 1500
    20Q 0.02Q2.Show all of your calculations and
    processes. Describe your answer for each question
    incomplete sentences, whenever it is necessary.

17
BUS 640 Week 5 DQ 1 Good Will in Price Bidding
  • 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?

18
BUS 640 Week 5 DQ 2 New Product Introduction
  • 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)

19
BUS 640 Week 5 Price Quotes and Pricing Decisions
Applied Problems (New)
  •  
  • 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-5-Pri
    ce-Quotes-and-Pricing-Decisions-Applied-Problems
  • Week 5 Assignment
  • Price Quotes and Pricing Decisions Applied
    ProblemsPlease complete the following two
    applied problemsProblem 1

20
BUS 640 Week 6 DQ 1 Game Theory and Strategic
Behavior
  • 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.

21
BUS 640 Week 6 DQ 2 Sustainable Competitive
Advantage
  • 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.
  •  
  •  

22
BUS 640 Week 6 Final Paper (Apple)
  • http//www.bus640.com/product-24-BUS-640-Week-6-Fi
    nal-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. At least three
    external scholarly sources must be used. Address
    all of the following areas

23
BUS 640 Week 6 Final Paper (Wal-mart)
  • 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-6-Fin
    al-Paper-Managerial-Decision-Making
  • BUS640 Week 6 Paper(Wal-Mart)
  • Managerial Decision Making Research and
    AnalysisResearch 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 Ashford University Online
    library and web-based resources for your
    research. At least 3 external resources must be
    used. Address all of the following areas

24
BUS 640 Course Career Path Begins /bus640dotcom
  • FOR MORE CLASSES VISIT
  • www.bus640.com
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