Culture is an all-encompassing term that identifies not only the

 Culture is an all-encompassing term that identifies not only the tangible lifestyles of persons but also their values and beliefs. Culture is dynamic and learned. It may be passed down and changed through family traditions. Cultural traits are expressed through our identity –race, ethnicity, gender, sexuality, language and religion. The material culture of a group of people includes things they construct, such as art, houses, clothing, sports, dance, and food -visible. Nonmaterial culture includes beliefs, practices, aesthetics (what they see as attractive), and values of a group of people. Language religion, ethnicity, identity. 

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Before you post your responses, you will need to do the following:

 

Before you post your responses, you will need to do the following:

  • Visit http://www.storycorps.org/listen
    and search for stories related to relationships/interpersonal topics and issues. That is, pick a story that speaks to you and is related to the course materials
  • Choose at least 3/three stories to analyze.
  • Listen to each story and take notes.

Once you have taken notes about the stories, you will write an essay response. Upon completion, your essay should

  • have a clear (and brief) introduction, a body and a clear (and brief) conclusion format.
  • be 1000-1200 words in length.
  • incorporate three references from three different chapters in the course textbook. Other textbooks, articles, websites and such will not be accepted.
  • include a clear in-text citation (text chapter, page number) of materials from our textbook.
  • not include a reference page.
  • be free of spelling and grammar errors.
  • represent college-level writing
  • In your post, you must include:
  • Introduction:• Information about the website and its history and purpose (be brief). • The title or theme of each of the three stories.
  • Body: Using a proper essay format, answer the following questions about each of the stories you have chosen:
  • • Name the speaker(s) and the interviewer(s) and their relationship.
  • • Explain what the story is about, the theme.
  • • What experiences have shaped the lives of each person in the story?
  • • How does each person in the story respond, physically or emotionally, to these experiences?
  • • Explain what you got each out of each story/interview
  • • What did you have in common with the interview/story?
  • • What connection do you have to the topic? If you did not have any thing in common or connect with interview/story, explain how you responded emotionally and intellectually to these experiences.
  • • Finally, include working hyperlinks to the essays you used for this assignment.
  • Conclusion: Briefly summarize the content of your essay

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Creativity and reflection is key to successfully answering these

 

Answer each question THOROUGHLY. Spelling, grammar and style are important.

  1. You are asked to report to a conference room where an important customer meeting is being held. You walk in, and the president of your largest customer is there. Your CEO introduces you as the Manager of Supply Chain Operations and asks you to describe your supply management philosophies. What do you say?
  2. You are the CEO of your own toy company. Your business is expanding and you realize that it is time to hire a supply chain manager. What quantitative and qualitative traits would you look for in hiring for this important position? Write the job description that includes these traits.
  3. How has technology affected the role of the supply chain professional? Is it a positive or negative change? Be specific.

Creativity and reflection is key to successfully answering these questions. Specific examples are expected. 

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You must have the three references listed from your mini-proposal

 

The Innovator Paper consists of a defense of the person you choose as an innovator defense. Each student will write the paper based on the ideas and information gathered from doing their research. The research materials will be comprised of original documents, works, secondary, and tertiary sources. Additional materials to explore are published collection of original documents, diaries, and memoirs; and secondary sources, such as newspaper articles, scholarly articles, and/or books that others have written which contain information concerning the Innovator you choose to examine. For this short paper you will do research on the Innovator you choose, analyze the data and create a brief paper in which you explain why the historical person you chose deserves to be considered an Innovator. Your choice of “Innovator can be either one who made positive or negative innovations in history. Your short paper will contain the information found in many different sources, which serve as the support and proof of the status of “Innovator” that you bestow on this person.

Selecting a Major Contributor

In selecting original documents, treaties, collective security agreements, and/or doctrines to analyze and to use to create your short paper, be sure you it is within the time period of this course. Look through web links provided in our text, and learning modules, as well as other resource. If you are having trouble choosing one, email me and I will help you.

Selecting Sources

Once you select your Innovator, find at least three sources you can use to do your analysis and write your short paper. Select sources that are directly related to your choice of Innovator. You can consult the textbook, encyclopedias (printed, software [Encarta, for example], on-line [for example, Wikipedia], and general histories to learn more about your issue. Try to use a good mixture (50%-50%) of printed sources (books and articles) and internet sites. You must use a minimum of three sources (references).

Mechanics of Formatting the Position Paper

The paper must have one inch margins top and bottom and left and right for a standard (8½” by 11”) page. The paper’s length must be at least eight pages in length. You can use any generally accepted font style (Times New Roman, Arial, and Courier) but no script or non-standard styles. The font size must be size 12, Do not separate the paragraphs with “points” or lines set by the formatting function of your word processing program. Just indent each paragraph five spaces in length like shown in the highlighted example here:

This is the beginning of paragraph 1. It is easy to do. Just follow this example. You will be absolutely correct. No worries, just follow this sample paragraph.

Great! You are ready to do your analysis and create your short paper. I think you will learn a lot, and be ready to take on such a project in your career. So it is time to begin.

The entire paper should be double-spaced with the following exceptions: long quotations (keep to a minimum of six quotes) set off by indentation, each separate footnote/end-note, and each “works cited” entry. All of these are single-spaced.

Citing a Source

In presenting the material you find, you have to be careful how you present it and how you document the information in the paper through end-notes or footnotes. Presenting the words, ideas, or opinions of someone else as one’s own is plagiarism. When quoting directly from a source, repeat the source exactly, including punctuation and exact spelling and phrasing of words. Be sure to give credit to the source by citing it in an end-note or footnote. A research paper is usually composed of approximately 10% quotations, 70% paraphrasing, and 10% your own words.

Paraphrasing is rephrasing an authority’s words. Ideas taken from other sources and put in your own words must also be cited to give credit to the sources. In writing college research papers, most students fail to adequately document paraphrased material.

Quoting is rewriting, word-for-word, someone else’s words. You must pay close attention to the original wording, spelling, and punctuation, and follow them exactly.

Short quotations, consisting of only one or two sentences, should be included in the text of your paper, set off by quotation marks. Limit the use of quoted paragraphs to two in the entire paper

Examples:

It is the abortion restrictions imposed in the sixties by Bucharest’s leader that “helped topple Ceausescu’s regime 23 years later.”

Or

According to John Q. Adams, head of fuels and lubricants at General Motors Research Laboratories, unleaded premium gasoline has become a “marketing phenomenon, causing people to buy higher octane gasoline for their cars than they really need.”

Use block quotations for quotations with four or more printed lines. The entire quote should be indented five spaces (1/2 inch if using a computer) from the left margin. Note: the number for the footnote/endnote is placed immediately after the quote for blocked quotes.

Example:

The Navy has conducted research on dolphins in an effort to gain more knowledge:

Scientists and engineers have found that the dolphin has a yielding skin. This skin gives slightly when the dolphin swims fast, without making its prey aware that it is coming. A similar skin has been adapted for use by atomic submarines.2

Note: When indenting an entire paragraph that begins with an indention itself, such as the one above, indent an extra three spaces in the first line. Documentation is the means that you use must show the reader where you got the information in the position paper that is not your own personal knowledge and ideas. For my papers, you must use one of two means to document this information, footnotes or endnotes. Footnotes are citations or explanatory notes found at the bottom of the page on which the cited material is found. Endnotes are citations or explanatory notes placed at the end of the paper. The APA style guide provides examples of footnotes/endnote for each type of source material, including internet web sites, you would probably use for your paper. Please do not mix types in the paper.

What to Document

The style guides provide examples of what you should document. In ALL cases you must document direct quotes, statistics, and data as these are usually unique to your specific source. Additionally, you should document paraphrased ideas and material that are not your own ideas or general knowledge.

Writing a Works Cited (Bibliography) Page

The Works Cited page, located at the end of the research paper, contains a correct listing of all sources from which you quoted or paraphrased. ONLY SOURCES ACTUALLY USED IN A PAPER ARE TO BE CITED. Each entry on this page must contain all of the information needed for identification and library research. Entries on this page are listed in alphabetical order by the author’s last name (or the title of the source if no author is given). For detailed instructions on how to construct your Works Cited page and how to use citations in the essay, refer to the style instructions specified any recognized writing style guide, such as APA, Turban, Chicago, or MLA.

Putting It All Together

Your completed short paper project must be TYPED and DOUBLE-SPACED; top, bottom, left, and right margins should be one inch, and the paper should be compiled in the following order:

Length of short paper is a total of 11 pages

1.Title Page- Is a required first page

The title page should include the title of your paper, your name, the number and title of the course, the name of the institution, and the date of submission. This information is normally centered between the top and bottom, and left and right margins. A title page is not numbered. You must use a page break to separate the title page from the narrative of the paper.

2. Content Pages are a total nine pages

These pages contain your narrative explanation of the person chosen as an innovator.

3. Page One

Center the title of the paper, followed by your name, just above the first line of the research paper. The first page of the paper is not numbered but counts as page number one. You began your narrative several spaces below the title and your name.

The Remaining Pages

Your first paragraph introduces your topic. It should have a brief summary of the topic, why the topic is important, and/or an interesting story to get the reader’s attention. The introduction must contain your thesis statement and brief means of how you are going to prove/support your thesis.

Remember you must write nine full pages of content.

5. Last Page

This page contains your References

You must have the three references listed from your Mini-proposal plus two new references totaling five references used in this paper.

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Walmart – success factors, risks & projections

ASSIGNMENT DUE DATE TUESDAY 8/9/16 @ 3:00 PM EST

 

You will discuss factors that may affect current and future performance of the chosen company (Walmart). Based on what you know about the organization’s financial health and performance; you will then forecast future performance of the company for each of the next three years.

 

Prompt: After having evaluated the company’s financial health, you should research and assess the company’s strategic priorities and behavior. You should investigate internal risks and non-monetary factors that may affect current and future performance and decisions. To justify your findings and projections, you will need to produce accurate and relevant data tables, explaining how the numbers were informed by existing information and modeling different scenarios.

 

IV. Success Factors and Risks. Use this section to discuss the factors that may affect current and future performance. Specifically:

A. How do the organization’s financial and strategic priorities affect accounting procedures and business decisions? How might that affect business success? For example, is management growth-oriented or efficiency-oriented? What is the organization’s approach to risk and short- versus long-term planning horizons?

B. How might the organization better capitalize on non-financial factors such as market share, reputation, human resources, physical facilities, or patents? Support your response with relevant research and analysis.

C. What are the most significant internal risks to the company’s financial performance? Give evidence to support your response. For example, is the company vulnerable to technological changes or cyber-attacks? Loss of high-talent personnel? Production disruptions?

 

V. Projections. Based on what you know about the organization’s financial health and performance, forecast its future performance. In particular, you should:

A. Project the organization’s likely consolidated financial performance for each of the next three years. Support your analysis with an appendix spreadsheet showing actual results for the most recent year, along with your projections and assumptions. Remember, your supervisor is interested in fresh perspectives, so you should not just replicate existing financial statements, but should add other relevant calculations or disaggregation to help inform decisions.

B. Modify your projections for the coming year to show a best- and worst-case scenario, based on the potential success factors and risks you identified. As with your initial projections, support your analysis with an appendix spreadsheet, specifying your assumptions and including relevant calculations and disaggregation beyond those in existing financial reports.

C. Discuss how your assumptions, forecasting methodology, and information gaps affect your projections. Why are your projections appropriate? For example, are they consistent with the organization’s mission and priorities? Aggressive but achievable? How would changing your assumptions change your projections?

 

Guidelines for Submission: Your Success Factors, Risk, and Projections report should be approximately 2–4 pages long (excluding title page, spreadsheets and graphs, and references list). It should be double spaced, with 12-point Times New Roman font and one-inch margins, and should use the latest guidelines for APA formatting for references and citations. Please also include your name, course name, and submission date on the title page.

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Mt 480 unit 2 multiple choice wiley assignment

Question

Multiple Choice Question 25

The three different perspectives on financial statement analysis are those of the:

manager, regulator, and bondholder.

manager, shareholder, and creditor.

regulator, shareholder, and creditor.

shareholder, creditor, and regulator

Multiple Choice Question 26

Shareholders analyze financial statements in order to:

assess the cash flows that the firm will generate from its operations.

focus on the value of the stock they hold.

determine the firm’s profitability, their return for that period, and the dividend they are likely to receive

all of these.

Multiple Choice Question 27

The creditors of a firm analyze financial statements so that they can focus on:

the firm’s amount of debt.

the firm’s ability to generate sufficient cash flows to meet its legal obligations first and still have sufficient cash flows to meet debt repayment and interest payments.

the firm’s ability to meet its short-term obligations.

all of these.

Multiple Choice Question 32

Which of the following is NOT true of common-size income statements?

Income statement accounts are represented as percentages of net sales.

Each income statement item is standardized by dividing it by net sales.

Common-size income statements analysis is a specialized application of ratio analysis.

Each income statement item is standardized by dividing it by total assets.

Multiple Choice Question 33

Common-size financial statements:

are a specialized application of ratio analysis.

allow us to make meaningful comparisons between the financial statements of two firms that are different in size.

are prepared by having each financial statement item expressed as a percentage of some base number, such as total assets or total revenues.

all of these are true.

Multiple Choice Question 34

Which of the following is a benefit of a common-size income statement?

It reveals a great deal of information about the adequacy of a firm’s net working capital.

It is very useful to assess how effectively a firm collected its accounts receivable.

It can tell the analyst a great deal about a firm’s efficiency and profitability.

It reveals how effectively a firm has increased its assets.

Multiple Choice Question 47

Lionel, Inc., has current assets of $623,122, including inventory of $241,990, and current liabilities of $378,454.What is the quick ratio? (Round your final answer to two decimal places.)

1.65

0.64

1.01

None of these

Multiple Choice Question 52

If Viera, Inc., has an accounts receivable turnover of 3.9 times and net sales of $3,436,812, what is its level of receivables? (Round your final answer to the nearest dollar.)

$1,340,357

$81,234

$881,234

$13,403,567

3,436,812 / 3.9 = 881,234

Multiple Choice Question 57

Trident Corp., has debt of $3.35 million with an interest rate of 6.875 percent. The company has an EBIT of $2,766,009. What is its times-interest-earned ratio? (Round your final answer to nearest number.)

13 times

12 times

11 times

None of these

Multiple Choice Question 58

Sectors, Inc., has an EBIT of $7,221,643 and interest expense of $611,800. Its depreciation for the year is $1,434,500. What is its cash coverage ratio? (Round your final answer to two decimal places.)

15.42 times

18.34 times

14.15 times

None of these

Multiple Choice Question 63

RTR Corp. has reported a net income of $812,425 for the year. The company’s share price is $13.45, and the company has 312,490 shares outstanding. Compute the firm’s price-earnings ratio. (Round your final answer to two decimal places.)

4.87 times

8.12 times

5.17 times

None of these

Multiple Choice Question 69

Why is the quick ratio considered by some to be a better measure of liquidity than the current ratio?

The current ratio does not include accounts receivable.

It measures how “quickly” cash flows through the firm.

The quick ratio more accurately reflects a firm’s profitability.

It omits the least liquid current asset from the numerator of the ratio

Multiple Choice Question 72

Which of the following is true of a firm that has both debt and equity?

Its return on equity (ROE) will be greater than its return on asset (ROA).

Its return on equity (ROE) will be lesser than its return on asset (ROA).

Its return on equity (ROE) will be equal to its return on asset (ROA).

None of these.

Multiple Choice Question 73

Which one of the following statements is NOT correct?

The DuPont system is based on two equations that relate a firm’s return on asset (ROA) and return on equity (ROE).

The DuPont system is a set of related ratios that links the items of balance sheet and the income statement.

Both management and shareholders can use this tool to understand the factors that drive a firm’s return on equity (ROE).

All of these are correct.

Multiple Choice Question 74

The DuPont equation shows that a firm’s (return on equity) ROE is determined by three factors:

net profit margin, total asset turnover, the return on assets (ROA).

net profit margin, total asset turnover, and the equity multiplier.

operating profit margin, return on assets (ROA), and the total assets turnover.

return on assets (ROA), total assets turnover, and the equity multiplier.

Multiple Choice Question 76

Which one of the following is NOT an advantage of using return on equity (ROE) as a goal?

ROE is highly correlated with shareholder wealth maximization.

ROE and the DuPont analysis allow management to break down the performance and identify areas of strengths and weaknesses.

ROE does not consider risk.

All of these are advantages of using ROE as a goal.

Multiple Choice Question 79

There are people who believe that the analysis of financial statements has limitations. Which of the statements below would qualify as a limitation of financial statement analysis?

Ratio analysis requires the analyst to evaluate a firm’s performance over a period of time to be of any value.

Ratio analysis requires the analyst to utilize accounting data that is based on historical costs instead of current market values.

Proper ratio analysis requires the analyst to rely upon audited financial statements, which can be easily manipulated.

Thorough ratio analysis requires the analyst to refer to benchmarking, which is very easy to misinterpret.

Multiple Choice Question 80

Which one of the following statements about trend analysis is NOT correct?

It allows management to examine each ratio over time and determine whether the trend is good or bad for the firm.

A ratio value that is changing typically prompts the financial manager to sort out the issues surrounding the change.

It uses the Standard Industrial Classification (SIC) System to benchmark firms.

The benchmark for trend analysis is based on a firm’s historical performance.

Multiple Choice Question 82

Which of the following is NOT a method of “benchmarking”?

Identifying a group of firms that compete with the company being analyzed.

Evaluating a single firm’s performance over time.

Utilizing the DuPont system to analyze a firm’s performance.

Conducting an industry group analysis.

Multiple Choice Question 83

Which of the following is a limitation of ratio analysis?

Ratios depend on accounting data based on historical costs.

Differences in accounting practices like FIFO versus LIFO make comparison difficult.

Trend analysis could be distorted by financial statements affected by inflation.

All of these are limitations of ratio analysis.

 

 

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Essentials of strategic management – the five generic competitive

Essentials of Strategic Management
The Five Generic Competitive Strategies- CH5
Your Results:
The  answer for each question is indicated by a  .

 

1    
A company’s competitive strategy deals with _______________
    A)
the specific actions management plans to take to develop a better value chain than rivals.
    B)
how it plans to unify its functional and operating strategies into a cohesive effort aimed at successfully taking customers away from rivals.
    C)
the specifics of management’s game plan for competing successfully.
    D)
its plans for underpricing rivals and achieving product superiority.
    E)
the specific actions management intends to take to strongly differentiate its product offering from the offerings of rival companies in the industry.
    

 
2    
The biggest factors that distinguish one competitive strategy from another are _______________
    A)
a customer value proposition, profit formula, and collection of valuable resources.
    B)
striving for a high degree of customer loyalty to the company’s brand.
    C)
assembling a wide portfolio of company resources, competitive capabilities, and core competencies.
    D)
developing a better credit rating than rivals.
    E)
choosing between (1) a market target that is either broad or narrow, and (2) whether the company should pursue a competitive advantage linked to lower costs or product differentiation.
    

 
3    
The five generic types of competitive strategies include _______________
    A)
offensive strategies, defensive strategies, differentiation strategies, and low-cost strategies.
    B)
low-cost provider, broad differentiation, focused low-cost, focused differentiation, and best-cost provider.
    C)
offensive strategies, defensive strategies, technological leadership strategies, and product innovation strategies.
    D)
low-price strategies, premium price strategies, middle-of-the-road strategies, and market share leadership strategies.
    E)
attacking competitor strengths, attacking competitor weaknesses, market leadership strategies, and product superiority strategies.
    

 
4    
A low-cost provider’s basis for competitive advantage is _______________
    A)
using an everyday low pricing strategy to gain the biggest market share.
    B)
bigger profit margins than rival firms.
    C)
high buyer switching costs because of the company’s differentiated product offering.
    D)
meaningfully lower overall costs than competitors.
    E)
a reputation for charging the lowest prices in the industry.
    

 
5    
Striving to be the industry’s low-cost provider and achieving lower costs than rivals entails _______________
    A)
eliminating or curbing nonessential activities.
    B)
having a smaller labor force than rivals, paying lower wages than rivals, locating all facilities in countries where labor costs are low, and outsourcing many value chain activities to suppliers with world-class technological capabilities.
    C)
doing a better job than rivals in performing essential activities.
    D)
aggressive use of activity-based costing, utilizing more best practices than rivals, and having a narrower product line than rivals.
    E)
Both A and C.
    

 
6    
Which of the following is not a distinguishing feature of a low-cost provider strategy?
    A)
The product line consists of a few basic models having minimal frills and acceptable quality.
    B)
The production emphasis is on continuously searching for ways to reduce costs without sacrificing acceptable quality and essential features.
    C)
The marketing emphasis is on making virtues out of product features that lead to low cost.
    D)
The strategic target is value-conscious buyers and sustaining the strategy depends on frequent advances in technology and occasional product innovations.
    E)
Sustaining the strategy revolves around managing costs down year-after-year and delivering good value at economical prices.
    

 
7    
A competitive strategy of striving to be the low-cost provider is particularly attractive when _______________
    A)
a company pays particular attention to cost drivers such as number of products in the product line, capacity utilization, production technology and design, and labor productivity and compensation costs.
    B)
most rivals are trying to differentiate their product offering from those of rivals.
    C)
there are many ways to achieve higher product quality that have value to buyers.
    D)
buyers are not swayed by advertising and are not very brand-loyal.
    E)
most rivals are pursuing best-cost or broad differentiation strategies.
    

 
8    
Successful differentiation allows a firm to _______________
    A)
gain buyer loyalty to its brand (because some buyers are strongly attracted to the differentiating features and bond with the company and its products).
    B)
earn the highest profit margins of any company in the industry.
    C)
attract many more buyers by charging a lower price than rivals and thereby take sales and market share away from rivals.
    D)
command a premium price for its product and/or increase unit sales (because additional buyers are won over by the differentiating features).
    E)
Both A and D.
    

 
9    
Examples of uniqueness drivers do not include _______________
    A)
product features, design, and performance.
    B)
production R&D.
    C)
customer service.
    D)
continuous quality improvement.
    E)
eliminating low value-added activities and work steps.
    

 
10    
A broad differentiation strategy _______________
    A)
is an attractive competitive approach whenever buyers’ needs and preferences are too diverse to be satisfied by a product that is essentially identical from seller to seller.
    B)
can produce sustainable competitive advantage if the differentiating features possess strong buyer appeal and can’t be copied or easily matched by rivals.
    C)
works best when the basis for differentiation is superior performance features and buyer switching costs are low.
    D)
offers a better chance for gaining market share than low-cost or best-cost provider strategies, and typically allows a firm to charge the highest price in the industry.
    E)
Both A and B.
    

 
11    
The most appealing approaches to broad differentiation _______________
    A)
are those that hinge upon first-rate R&D and frequent product innovation.
    B)
involve features or attributes that have considerable buyer appeal and are hard or expensive for rivals to duplicate.
    C)
are those that either lower buyer switching costs or enhance the differentiator’s brand image.
    D)
generally relate to product superiority or clever merchandising.
    E)
are typically based on either superior product quality or superior customer service.
    

 
12    
In which one of the following market circumstances is a broad differentiation strategy generally not well suited?
    A)
When buyer needs and preferences are too diverse to be fully satisfied by a standardized product.
    B)
When few rivals are pursuing a similar differentiation approach.
    C)
When most competitors are using eye-catching ads to set their product offerings apart and build a brand image that is differentiated.
    D)
When there are many ways to differentiate the product or service and many buyers perceive these differences as having value.
    E)
When technological change is fast-paced and competition revolves around rapidly evolving product features.
    

 
13    
Which of the following is not one of the hazards of pursuing a differentiation strategy?
    A)
Trying to charge too high a price premium for the differentiating features.
    B)
Over-differentiating so that the features and attributes incorporated exceed buyer needs and requirements.
    C)
Trying to create strong brand loyalty rather than being content with weak brand loyalty (which usually means lower costs and higher profitability).
    D)
Differentiating on features or attributes that rivals can easily copy.
    E)
Overspending on efforts to differentiate the company’s product offering.
    

 
14    
What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is _______________
    A)
the extra attention paid to establishing a distinctive competence.
    B)
their concentrated attention on serving the needs of buyers in a narrow piece of the overall market.
    C)
greater opportunity for brand loyalty.
    D)
their suitability for market situations where technological change is fast-paced and continuous product innovation is a key success factor.
    E)
their bold strategic intent of global market leadership via heavy advertising.
    

 
15    
A focused low-cost strategy _______________
    A)
involves serving buyers in the target market niche at a lower cost and a lower price than rival competitors.
    B)
is the hardest of the four generic types of competitive strategies to employ successfully.
    C)
involves the use of deep price discounting to capture customers.
    D)
entails trying to wrest market share away from rivals via extra advertising, above-average expenditures for promotional programs, and heavy use of point-of-sale merchandising techniques.
    E)
cannot be sustained over time unless the focuser is aggressive in entering other segments where it also can achieve a low-cost advantage.
    

 
16    
A focused differentiation strategy aims at securing competitive advantage by _______________
    A)
providing buyers in the target market niche with the best performance features at the best price.
    B)
catering to buyers looking for a medium-quality product at an average price.
    C)
offering carefully designed products or services to appeal to the unique preferences and needs of a narrow, well-defined group of buyers.
    D)
developing unique product attributes.
    E)
convincing buyers that the company is a true leader in product innovation.
    

 
17    
A firm pursuing a best-cost provider strategy _______________
    A)
seeks to offer more value-adding features than the industry’s low-cost providers and lower prices than those pursuing differentiation.
    B)
tries to have the best cost (as compared to rivals) for each activity in the industry’s value chain.
    C)
achieves competitive advantage because its operating activities are “best-in-industry” or “best-in-world.”
    D)
follows a hybrid strategy based upon superior resources and a narrow market niche.
    E)
seeks a “middle of the road” strategic approach that attempts to satisfy the product or service needs of consumers with average household incomes.
    

 
18    
Which of the following are distinguishing features of a best-cost provider strategy?
    A)
The strategic target is price-conscious buyers.
    B)
A marketing emphasis on charging a slightly higher price than rival brands having comparable features and attributes.
    C)
A product line that stresses wide selection, many product variations, and emphasis on differentiating features.
    D)
A competitive advantage based on more value for the money.
    E)
Using constant product innovation, excellent R&D skills, and periodic technological breakthroughs to sustain the strategy.
    

 
19    
For a best-cost provider strategy to be successful, a company must have _______________
    A)
excellent supply chain capabilities and product design expertise.
    B)
economies of scope or greater scale economies than rivals.
    C)
a superior value chain configuration and unmatched efficiency in managing essential value chain activities.
    D)
superior product innovation skills and manufacturing capabilities.
    E)
a short, low-cost value chain.
    

 
20    
A company’s biggest vulnerability in employing a best-cost provider strategy is _______________
    A)
relying too heavily on price discounting.
    B)
adding features not needed by the majority of buyers.
    C)
not having the needed efficiencies in managing value chain activities to add differentiating features without significantly increasing costs.
    D)
being timid in cutting its prices far enough below high-end differentiators to win away many of their customers.
    E)
relying excessively on outsourcing in an attempt to boost gross profit margins.

 

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1 discussion and 1 case study

Discussion 4.1

Due: Initial Post due Wednesday, Replies due Sunday

What is ICAAN (The Internet Corporation for Assigned Names and Numbers)? Briefly describe its function. 

Case Study 4.1

Due: Sunday, End of Module by 11:55 p.m. EST

Midterm Requirements

  • Individual Paper:
    • Describe each of the following Non-State Actors: NGOs, Organized Crime, Corporations, Terrorists, Activists, Individuals.

Writing Requirements: 

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Week 5 due diligence report

 

Due Diligence Report

Goal: 

Develop a Entrepreneurship Due Diligence Report on  Fenty Beauty’s diversity in makeup, using the articles found in the following links

1. Fenty’s Fortune: Rihanna Is Now Officially A Billionaire (forbes.com) (Links to an external site.)

2. How Rihanna Created A $600 Million Fortune—And Became The World’s Richest Female Musician (forbes.com) (Links to an external site.)

3. Fenty Beauty by Rihanna | Beauty for All – Fenty Beauty + Fenty Skin (Links to an external site.)

Consider the following questions. Note that because this is a general outline, not all questions may apply to this specific business.

External Environment:

· How is the economic environment where the business is located?

· How is the social environment where the business is located?

· How is the technological environment where the business is located?

· How is the political/legal environment where the business is located?

Industry Environment:

· What is the state of the industry in which the business operates? Is the industry in growth mode, or is it mature or in decline?

· How does this business compare to competitors in its industry?

· What is the business’ reputation in the industry and the community?

· How many competitors are there? What are their strengths and weaknesses?

Business Environment:

· What is the state of the business’ target market? Is its target market growing or shrinking?

· Are its target customers undergoing demographic changes, such as aging, loss of disposable income, or other transitions that could put the business at risk?

· Is the business’s customer base growing? Is the business adequately diversified, or is it overly dependent on one or two big customers?

· What kind of staff does the business have? Do employees have skills that are difficult to find elsewhere? Are their wages average, above average, or below average for the industry?

· Are employees being treated fairly? Is there a lot of turnover at the business?

Finances:

· Are the business’ sales increasing?

· What is the business’ profit margin?

· Does the business have adequate funding?

· How much debt does the business have?

Conclusion:

· Is this a business worthy of consideration for investment?

· What are the reasons for your decision?

Adapted from https://www.allbusiness.com/questions-to-ask-when-buying-a-business-567-1.html (Links to an external site.)

Submission Instructions:

  • The detailed summary should be 600 words in length that uses current APA style and format. 

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Case study – principles of accounting ii | BBA 2301 – Principles of Accounting II | Columbia Southern University

 Cookie Creations (Chapters 9 and 10)

This assignment will focus on the Cookie Creations case study from Chapter 9 (page 37) and Chapter 10 (page 42) of your textbook. There are two parts to this assignment. Review the case situations for each part (i.e., in each chapter), and then complete the instructions.

Part I

One of Natalie’s friends, Curtis Lesperance, runs a coffee shop where he sells specialty coffees and prepares and sells muffins and cookies. He is eager to buy one of Natalie’s fine European mixers, which would enable him to make larger batches of muffins and cookies. However, Curtis cannot afford to pay for the mixer for at least 30 days. He asks Natalie if she would be willing to sell him the mixer on credit. Natalie comes to you for advice. She asks you to address the questions below.

  1. Curtis has given me a set of his most recent financial statements. What calculations should I do with the data from these statements, and what questions should I ask him after I have analyzed the statements? How will this information help me decide if I should extend credit to Curtis?
  2. Is there an alternative other than extending credit to Curtis for 30 days?
  3. I am thinking seriously about being able to have my customers use credit cards. What are some of the advantages and disadvantages of letting my customers pay by credit card?

The following transactions occurred in June through August 2020.June 1: After much thought, Natalie sells a mixer to Curtis on credit, terms n/30, for $1,150 (cost of mixer $620).June 30:  Curtis calls Natalie. He is unable to pay the amount outstanding for another month, so he signs a 1-month, 8.35% note receivable. July 31: Curtis calls Natalie. He indicates that he is unable to pay today but hopes to have a check for her at the end of the week. Natalie prepares the journal entry to record the dishonor of the note. She assumes she will be paid within a week. Aug. 7: Natalie receives a check from Curtis in payment of his balance owed. 

Instructions:

  • Answer Natalie’s questions in a Word document.
  • Prepare journal entries for the transactions that occurred in June, July, and August in an Excel spreadsheet. Round to the nearest dollar. Note that the company uses a perpetual inventory system. Use the  Part I Excel Template to record your transactions.

To reiterate, you will write your responses to Natalie’s questions (1–3) in a Word document, and you will complete the journal transactions in an Excel spreadsheet. Your responses to Part I (Natalie’s questions) should be a minimum of one page in length, and you will add your responses for Part II to this document before submitting.

Part II

Natalie is also thinking of buying a van that will be used only for business. The cost of the van is estimated at $36,500. Natalie would spend an additional $2,500 to have the van painted. In addition, she wants the back seat of the van removed so that she will have a lot of room to transport her mixer inventory as well as her baking supplies. The cost of taking out the back seat and installing shelving units is estimated at $1,500. She expects the van to last 5 years, and she expects to drive it for 200,000 miles. The annual cost of vehicle insurance will be $2,400. Natalie estimates that at the end of the 5-year useful life, the van will sell for $7,500. Assume that she will buy the van on August 15, 2020, and it will be ready for use on September 1, 2020.Natalie is concerned about the impact of the van’s cost on her income statement and balance sheet. She has come to you for advice on calculating the van’s depreciation.

Instructions:

  1. Determine the cost of the van.
  2. Prepare three depreciation tables for 2020, 2021, and 2022: one for straight-line depreciation (similar to the one in Illustration 10-9), one for double-declining balance depreciation (Illustration 10-13), and one for units-of-activity depreciation (Illustration 10-11). Use the  Part II Excel Template to determine depreciation. For units-of-activity, Natalie estimates that she will drive the van as follows: 15,000 miles in 2020; 45,000 miles in 2021; and 50,000 miles in 2022. Recall that Cookie Creations has a December 31 year-end.
  3. What impact will the three methods of depreciation have on Natalie’s balance sheet at December 31, 2020? What impact will the three methods have on Natalie’s income statement in 2020?
  4. What impact will the three methods of depreciation have on Natalie’s income statement over the van’s total 5-year useful life?
  5. What method of depreciation would you recommend Natalie use, and why?

Use the same Word document that you used to record your Part I responses (one page in length), and add your responses for the Part II questions (1–5), which should be one page in length. 

In summary, you will submit one Word document containing your responses for Parts I and II (two-page minimum) and two Excel spreadsheets containing Natalie’s journal transactions from Part I and the depreciation tables from Part II. You will upload a total of three files to Blackboard (one Word document and two Excel spreadsheets).

There are no resources required for this assignment; however, your Word document should be formatted using APA Style. 

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