Marquette Corporation, a tax client since Marquette Corporation, a tax client since Question Marquette Corporation, a tax client since its creation 3 years ago, has requested that you prepare a memorandum explaining its estimated tax requirements for the current year. The corporation is in the fabricated steel business. It’s earning have been growing each year. Marquettes taxable income for the last three years has been $500,000, $1.5 Million and $2.5 million respectively. The CFO expects its taxable income to be appx $3.0 Million.Required: Prepare a one page memorandum explaining Marquettes estimated tax requirements for its current year, providing the necessary supporting authorities.Additional RequirementsMax Pages: 1Level of Detail: Show all workOther Requirements: Marquette Corporation, a tax client since its creation 3 years ago, has requested that you prepare a memorandum explaining its estimated tax requirements for the current year. The corporation is in the fabricated steel business. It’s earning have been growing each year. Marquettes taxable income for the last three years has been $500,000, $1.5 Million and $2.5 million respectively. The CFO expects its taxable income to be appx $3.0 Million.Required: Prepare a one page memorandum explaining Marquettes estimated tax requirements for its current year, providing the necessary supporting authorities.
general business data bank general business data bank Question 54. Research has shown that strategic thinking and planning positively affect a firm's performance and financial success. / 55. Better-Than-The-Rest, Inc.'s ability to market its products better than its competitors is an example of its core competence. / 56. Core competence is the plan of action that prescribes resource allocation and other activities for dealing with the environment. 57. The essence of formulating strategy is choosing how the organization will be identical to its key competitors in the industry. 58. Competitive advantage refers to the set of decisions and actions used to formulate and implement strategies. 59. The interaction of Production and Sales working together to produce profit greater than the total of both working separately is an example of synergy. 60. The combination of benefits received and costs paid by the customer refers to value. 61. Value occurs when the organizational parts interact to produce a joint effect that is greater than the sum of the parts acting alone. 62. The administration and implementation of the strategic plan is strategy execution. 63. SWOT analysis includes a review of the internal threats and opportunities. 64. Internal analysis examines overall organization structure, management competence and quality, and human resource characteristics. 65. Threats are characteristics of the internal environment that may prevent the organization from achieving its strategic goals. 66. The task environment sectors are the most relevant to strategic behavior and include the behavior of competitors, customers, suppliers, and the labor supply. 67. The bargaining power of customers is one of Porter's five competitive forces. 68. According to Porter, the bargaining power of the government is one of the five competitive forces affecting an organization's competitive environment. 69. The Internet tends to lower the bargaining power of suppliers. 70. With the leveling force of the Internet and information technology, it has become easier for many companies to find ways to distinguish themselves from their competitors. 71. Differentiation, cost leadership, and focus are three of Porter's competitive strategies. 72. For successful execution, alignment of everyone in the organization must occur. 73. The final stage of the strategic management process is execution of the strategy. 74. Opportunities are characteristics of the internal environment that have the potential to help the organization achieve or exceed its strategic goals. 75. As a result of the growth of the Internet, barriers to entry into new markets are now much higher than ever before. 76. The concentration of suppliers and the availability of substitute suppliers are significant factors in determining supplier power. 77. Cost leadership firms are more likely to reward employee innovation than differentiation firms. 78. A top-down management style has been identified as a silent killer of strategy. 79. A firms' leadership is responsible for recruiting, selecting, training, transferring, promoting, and laying off employees. 80. Strategic thinking is more important for profit businesses than for non-profit organizations.
general business data bank general business data bank Question 47. Auto engines have become more complex over the past twenty years, partly as a result of environmental concerns about exhaust contaminants. Engineers have developed two basic approaches to solving the contaminant problem. The first emphasized the catalytic converter, a modification of the auto exhaust system designed to break down pollutants. The second emphasized redesign of the auto engine's combustion process, which adds more than twice the cost of the catalytic converter alone. However, redesigning the combustion process usually results in improved full efficiency. Required: A. Comment on the strategic advantage of redesigning the combustion process versus simply adding a catalytic converter. B. What are the ethical questions, if any, that should be addressed in the above decision? 48. Studebaker Corporation, one of the earliest auto manufacturers, prospered in the late 1940's and into the 1950's. Its advertising after World War II emphasized quality of design and production. The corporation also used the stability of its work force in its advertisements, often featuring pictures of father and son working side by side in its factories. Required: A. From just this brief description of Studebaker Corporation, which type of competitive strategy--cost leadership ordifferentiation--would you guess Studebaker was using? Explain your choice. B. Given your answer in Part (A), speculate on what market factors might have caused the corporation to go into bankruptcy and cease production in the mid-1960s. 49. Many products in the marketplace today are built from components designed and manufactured by sub-contractors. While the extent of this practice is not well known to consumers, manufacture and sale of multi-component units that use parts from many different companies continues to grow. Required: If the assembling company is using value-chain analysis in its strategic planning, comment on the following: A. The cost justification for subcontracting. B. The willingness of consumers to buy products they know contain subcontracted parts. C. The problems of quality control facing the assembling company. 50. Exeter Industries produces and markets several lines of food and beverage products. The company plans to expand its market to cover a new geographical area, and the first products to be introduced into this new market are three of Exeter's coffees. A meeting of the marketing committee has been called to determine the pricing and promotional strategy for the introduction of these coffees. Mark Williams, vice president of marketing, has suggested that Exeter continue its policy of premium pricing for Rich Roast Coffee in the new market. "Rich Roast is a superior blend of Brazilian coffees and should have little difficulty gaining customer acceptance. The use of other promotional strategies doesn't appear necessary at this time." Carol Randolph, general sales manager, agreed with this strategy for Rich Roast but recommended a different approach for Vitality Coffee, Exeter's brand of decaffeinated coffee. "Vitality is an unknown name in this region and will require a determined promotional effort to gain market share from other very competitive products. We could try penetration pricing or packaging options combined with either manufacturer's coupons or rebates. Whatever strategy we select, we should hit the market hard if we want to be successful." Dan Felton has been appointed regional sales manager for the new geographical area and is concerned about the acceptance of Mellow Roast Coffee, a blend of regular and decaffeinated coffees. "This is a brand new type of coffee in this region and may just sit on the shelf unless we develop an effective advertising campaign. Pricing or packaging options will be worthless unless the product gains some visibility and the targeted customer base is made aware of the benefits of Mellow Roast. We need a good slogan like "A gentle wakeup without caffeine stress!" Required: Mark Williams has suggested the continuance of premium pricing for Rich Roast Coffee. Explain the strategic role ofpremium pricing, and describe the economic circumstances in the marketplace that would encourage the use of this pricing strategy. (CMA adapted) 51. One of the large auto manufacturers in the 1970s developed a sport version of its family sedan. The new version was equipped with a small V8 engine and other performance improvements. The car was called the Pirouette, because of its graceful appearance and performance. Unfortunately, there was a difficulty in servicing the vehicle. The engine was too large for the space available, and it had to be moved slightly on the engine mounts in order for one of the spark plugs to be changed. Required: Comment on the strategic competitive advantage of the Pirouette. What type of management technique was likely used in itsdesign? What type of design approach should have been used? 52. Williams Instruments manufactures specialized surgical equipment for hospitals and clinics throughout the world. One of Williams' most popular products, comprising 40% of its revenues and 35% of its profits, is a blood pressure measuring device. Average production and sales are 400 units per month. Williams has achieved its success in the market through excellent customer service and product reliability. The manufacturing process consists primarily of assembly of components purchased from various electronic firms, plus a small amount of metalworking and finishing. The manufacturing operations cost $600 per unit. The purchased parts cost Williams $800, of which $300 is for parts which Williams could manufacture in its existing facility for $100 in materials for each unit, plus an investment in labor and equipment which would cost $175,000 per month. Also, Williams is considering outsourcing to another firm, Matrix Concepts, Inc, the marketing, distribution, and servicing for its units. This would save Williams $75,000 in monthly materials and labor costs. The cost of the contract would be $125 per product. Required: 1. Prepare a value chain analysis for Williams to assist in the decision whether to manufacture or buy the parts, and whether to contract out the marketing, distribution, and servicing of the units. 2. Should Williams continue to: (A). purchase the parts or manufacture them? (B). provide the marketing, distribution and service, or outsource this activity to Matrix? Explain your answers. 53. Motorcycle engines have become more complex over the past twenty years, partly as a result of environmental concerns about exhaust contaminants. Engineers have developed two basic approaches to solving the contaminant problem. The first emphasized the catalytic converter, a modification of the auto exhaust system designed to break down pollutants. The second emphasized redesign of the motorcycle engine's combustion process, which adds more than twice the cost of the catalytic converter alone. However, redesigning the combustion process usually results in improved full efficiency. Required: A. Comment on the strategic advantage of redesigning the combustion process versus simply adding a catalytic converter. B. What are the ethical questions, if any, that should be addressed in the above decision? 54.Many desktop and laptop computers in the marketplace today are built from components designed and manufactured by sub-contractors. While the extent of this practice is not well known to consumers, manufacture and sale of multi-component computers that use parts from many different technology companies continues to grow. Required: If the assembling company is using value chain analysis in its strategic planning, comment on the following: A. The cost justification for subcontracting. B. The willingness of consumers to buy products they know contain subcontracted parts. C. The problems of quality control facing the assembling technology company. 55. Levis Strauss and Co., maker of Levi's familiar 501 and 505 brands of jeans, also make a "Signature" brand that was introduced several years ago for discount retailers such as Wal-Mart. Levi's strategy with the new jeans was to sell a competitively priced pair. The jeans were to be about one-half the price of the familiar 501 and 505 jeans. To get costs down Levi's would: • Use cheaper fabrics and materials. • Shun costly mass-market advertising. • Strictly limit the number of fits, styles, and colors. The Signature brand had a good first year of sales; assume that results for the second year and later are not yet in. Required: 1. Assess the new strategy at Levi. What do you think are the potential benefits and risks? 2. How will the firm's value chain and balanced scorecard change as a result of the new strategy? 56. Gordon Manufacturing produces high-end furniture products for the luxury hotel industry. Gordon has succeeded through excellence in design, careful attention to detail in manufacturing and in customer service, and through continuous product innovation. The manufacturing process at Gordon begins with a close consultation with each customer so that the finished product exactly meets the customer's specifications. This commonly means unique designs, special fabrics, and high levels of manufacturing quality. In addition, Gordon believes that a key competitive edge it has over other competitors is that it has an outstanding design staff that is able to work with customers to come up with product designs that go beyond the customer's expectations. Required: What is the competitive strategy for Gordon Manufacturing? Explain your answer in two or three sentences. 57. Gordon Manufacturing produces high-end furniture products for the luxury hotel industry. Gordon has succeeded through excellence in design, careful attention to quality in manufacturing and in customer service, and through continuous product innovation. The manufacturing process at Gordon begins with a close consultation with each customer so that the finished product exactly meets the customer's specifications. This commonly means unique designs, special fabrics, and high levels of manufacturing quality. In addition, Gordon believes that a key competitive edge it has over other competitors is that it has an outstanding design staff that is able to work with customers to come up with product designs that go beyond the customer's expectations. Anticipating a growth in the demand for luxury hotel rooms, Gordon has expanded its operations to include one new manufacturing plant, and by refitting some of the older plants with newer, more efficient equipment. The installation of the new equipment has caused some delays in filling some customer orders, and Gordon has shifted production from those plants with the delays to other manufacturing plants. The result has been an increase in some processing costs, transportation costs, and delays in meeting customer order deadlines. Also, the introduction of the new equipment has created some tensions with employees who see the new, more efficient equipment as a potential threat to their job security. There is also some disagreement among managers as to whether the new equipment will improve or reduce quality. Required: Develop a SWOT analysis for Gordon Manufacturing. List one or more items in each category: 58. Gordon Manufacturing produces high-end furniture products for the luxury hotel industry. Gordon has succeeded through excellence in design, careful attention to quality in manufacturing and in customer service, and through continuous product innovation. The manufacturing process at Gordon begins with a close consultation with each customer so that the finished product exactly meets the customer's specifications. This commonly means unique designs, special fabrics, and high levels of manufacturing quality. In addition, Gordon believes that a key competitive edge it has over other competitors is that it has an outstanding design staff that is able to work with customers to come up with product designs that go beyond the customer's expectations. Required: Present a value chain for Gordon Manufacturing with 5-6 activities and explain the role of each activity in the value chain. 59. Gordon Manufacturing produces high-end furniture products for the luxury hotel industry. Gordon has succeeded through excellence in design, careful attention to quality in manufacturing and in customer service, and through continuous product innovation. The manufacturing process at Gordon begins with a close consultation with each customer so that the finished product exactly meets the customer's specifications. This commonly means unique designs, special fabrics, and high levels of manufacturing quality. In addition, Gordon believes that a key competitive edge it has over other competitors is that it has an outstanding design staff that is able to work with customers to come up with product designs that go beyond the customer's expectations. Required: Present a balanced scorecard for Gordon Manufacturing with 3-4 perspectives and 3-4 quantitative critical success factors ineach perspective.
Sales-related purchase related transactions Sales-related purchase related transactions Question retail inventory method, Gross Profit method.Okay, I provided a working papers template for this problem. The only thing I didn't include was a standard journal entry template. You will have to provide that for me to make all of the entries. This consists of about five small problems. Take a look at the attachments to get a feel for the assignment. If you need anymore information please feel free to contact me. The most important thing I expect is for the assignment to be into me on time. Please be accurate. Your services are appreciated. Have a great day. , Attachments (15.73 KB) (17.63 KB) (14.01 KB)
general business data bank general business data bank Question BE 170 Layton Inc. is considering two alternatives to finance its construction of a new $5 million plant. (a) Issuance of 500,000 shares of common stock at the market price of $10 per share. (b) Issuance of $5 million, 9% bonds at par. Instructions Complete the following table. Issue Stock Issue Bonds Income before interest and taxes $2,000,000 $2,000,000 Interest expense from bonds _________ _________ Income before income taxes $ $ Income tax expense (30%) _________ _________ Net income $________ $________ Outstanding shares _________ 700,000 Earnings per share _________ _________ Outstanding shares (b) 1,200,000 700,000 Earnings per share (a)÷ (b) $1.17 $1.55 BE 171 On January 1, 2012, Morris Enterprises issued 9%, 5-year bonds with a face amount of $800,000 at par. Interest is payable semiannually on June 30 and December 31. Instructions Prepare the entries to record the issuance of the bonds and the first semiannual interest payment. BE 172 On January 1, 2012, Bose Company issued bonds with a face value of $800,000. The bonds carry a stated interest of 7% payable each January 1 and July 1. Instructions a. Prepare the journal entry for the issuance assuming the bonds are issued at 95. b. Prepare the journal entry for the issuance assuming the bonds are issued at 105. BE 173 On July 1, 2012, Frog Corporation issued $600,000, 8%, 10-year bonds at face value. Interest is payable semiannually on January 1 and July 1. Frog Corporation has a calendar year end. Instructions Prepare all entries related to the bond issue for 2012. BE 174 On January 1, 2012, Zappa Enterprises sold 8%, 20-year bonds with a face amount of $1,000,000 for $950,000. Interest is payable semiannually on July 1 and January 1. Instructions Calculate the carrying value of the bond at December 31, 2012 and 2013. BE 175 Queen Company issued bonds with a face amount of $1,600,000 in 2007. As of January 1, 2012, the balance in Discount on Bonds Payable is $4,800. At that time, Queen redeemed the bonds at 102. Instructions Assuming that no interest is payable, make the entry to record the redemption. BE 176 Roxy Inc. issues a $1,300,000, 10%, 10-year mortgage note on December 31, 2012, to obtain financing for a new building. The terms provide for semiannual installment payments of $106,291. Instructions Prepare the entry to record the mortgage loan on December 31, 2012, and the first installment payment. ...................................................................................... 106,291 BE 177 Fresh Corporation reports the following selected financial statement information at December 31, 2012: Total Assets $120,000 Total Liabilities 75,000 Net Income 20,000 Interest Revenue 1,600 Interest Expense 800 Income Tax Expense 400 Instructions Calculate the debt to total assets and times interest earned ratios. BE 178 On January 1, 2012, Tape Enterprises issued 9%, 10-year bonds with a face amount of $900,000 at 96. Interest is payable semiannually on June 30 and December 31. The bonds were issued for an effective interest rate of 10%. Instructions Prepare the entries to record the issuance of the bonds and the first semiannual interest payment assuming that the company uses effective-interest amortization. BE 179 On January 1, 2012, Hogan Enterprises issued 8%, 20-year bonds with a face amount of $5,000,000 at 101. Interest is payable semiannually on June 30 and December 31. Instructions Prepare the entries to record the issuance of the bonds and the first semiannual interest payment assuming that the company uses straight-line amortization. EXERCISES Ex. 180 Sophia Company is considering two alternatives to finance its purchase of a new $4,000,000 office building. (a) Issue 400,000 shares of common stock at $10 per share. (b) Issue 8%, 10-year bonds at par ($4,000,000). Income before interest and taxes is expected to be $3,000,000. The company has a 30% tax rate and has 600,000 shares of common stock outstanding prior to the new financing. Instructions Calculate each of the following for each alternative: (1) Net income. (2) Earnings per share. Ex. 181 The board of directors of Moore Corporation is considering two plans for financing the purchase of new plant equipment. Plan #1 would require the issuance of $5,000,000, 6%, 20-year bonds at face value. Plan #2 would require the issuance of 100,000 shares of $5 par value common stock which is selling for $40 per share on the open market. Moore Corporation currently has 100,000 shares of common stock outstanding and the income tax rate is expected to be 35%. Assume that income before interest and income taxes is expected to be $500,000 if the new factory equipment is purchased. Ex. 181 (Cont.) Instructions Prepare a schedule which shows the expected net income after taxes and the earnings per share on common stock under each of the plans that the board of directors is considering. Ex. 182 Slotkin Health is considering two alternatives for the financing of some high technology medical equipment. These two alternatives are: 1. Issue 50,000 shares of $10 par value common stock at $50 per share. 2. Issue $3,000,000, 10%, 10-year bonds at par. It is estimated that the company will earn $900,000 before interest and taxes as a result of acquiring the medical equipment. The company has an estimated tax rate of 40% and has 80,000 shares of common stock outstanding prior to the new financing. Instructions Determine the effect on net income and earnings per share for these two methods of financing. Ex. 183 Three plans for financing a $20,000,000 corporation are under consideration by its organizers. Under each of the following plans, the securities will be issued at their par or face amount and the income tax rate is estimated at 30%. Plan 1 Plan 2 Plan 3 9% Bonds — — $10,000,000 6% Preferred Stock, $100 par — $10,000,000 5,000,000 Common Stock, $10 par $20,000,000 10,000,000 5,000,000 Total $20,000,000 $20,000,000 $20,000,000 It is estimated that income before interest and taxes will be $5,000,000. Instructions Determine for each plan, the expected net income and the earnings per share on common stock. Ex. 184 Korean Corporation issued $2 million, 10-year, 6% bonds on January 1, 2012. Instructions Prepare the entry to record the sale of these bonds, assuming they were issued at (a) 97. (b) 104. Ex. 185 On January 1, 2012, Lost Corporation issued $800,000, 8%, 10-year bonds at face value. Interest is payable semiannually on July 1 and January 1. Lost Corporation has a calendar year end. Instructions Prepare all entries related to the bond issue for 2012.
His147 quiz 8 His147 quiz 8 Question Question 1(2 points) Approximately 20 head of cattle could survive on 640 acres of grazing land.Question 1 options:TrueFalseSaveQuestion 2(2 points) The Agricultural Adjustment Act of 1933 caused a reduction in cotton cultivation.Question 2 options:TrueFalseSaveQuestion 3(2 points) One of the most important benefits of the New Deal in Arizona was the support of the State's extractive industries like mining and agriculture.Question 3 options:TrueFalseSaveQuestion 4(2 points) During the Great Depression, half a million Mexican workers were deported from the United States.Question 4 options:TrueFalseSaveQuestion 5(2 points) Agriculture in Pima County during the 1930's was characterized by many farmers owning 160 acre parcels.Question 5 options:TrueFalseSaveQuestion 6(2 points) During the 1940's, South Phoenix was a model of equal opportunity and vibrant economic activity for both African Americans and Mexicans.Question 6 options:TrueFalseSaveQuestion 7(2 points) Arizona received over $300 million dollars in Federal assistance between 1933-39.Question 7 options:TrueFalseSaveQuestion 8(2 points) Cattle ranchers enthusiastically supported Congress passing the Taylor Grazing Act.Question 8 options:TrueFalseSaveQuestion 9(2 points) Due to population increases in Arizona, it was not necessary to utilize Mexican farm workers during the cotton boom of World War II.Question 9 options:TrueFalseSaveQuestion 10(2 points) Throughout the 1930's and early 1940's, women had few economic alternatives in the cities, but in rural settings, a variety of well paying opportunities existed.Question 10 options:TrueFalseSave
Project Planning – Developing the Project Plan and Determining Critical Path Project Planning – Developing the Project Plan and Determining Critical Path Question Project Planning – Developing the Project Plan and Determining Critical PathUsing the District4WarehouseMove WBS.xls provided, create a Microsoft project plan for the District 4 Warehouse Move project. Use the PDF document, Project Plan Check – District4Move, to check your work to be sure you have created your starting project plan correctly. Microsoft Project is required for this task.Note: you will need to insert a column to include your WBS codes, then you will need to sequence the tasks to show tasks by work package. It may help to review the Microsoft tutorial, Sequencing tasks in a project: Based upon the details in the WBS and the project case, determine which tasks need to be completed first and which tasks are dependent upon other tasks to be completed prior to starting. Using this information identify predecessors in your project plan’s predecessor column. Complete the predecessor column by entering the line number of tasks that must be completed in order for each task to start. This will create your project timeline.Note: This is a critical step in the process to developing your critical path. It may help to review the Microsoft tutorial, Creating relationships between tasks: Using the View Network Diagram functionality within MS Project, determine the critical path for this project. In a MS Word document, list the activities that are on the critical path. Considering the risks identified in the risk table below, identify which risks would be most likely to increase your project timeline. Justify your responses. Submit both your completed project plan and your MS Word document.District 4 Production Warehouse Move Project - Risk Table1Permits are not received per the schedule2Finish work contractors walk off the job half way through3Framing and drywall contractors are running behind schedule and can only produce half their crew as scheduled4Work benches are poor quality and 1/3 will have to be rebuiltSubmit your plan to M3: Assignment 2 Dropbox by Wednesday, October 2, 2013.Assignment 2 Grading CriteriaMaximum PointsCorrectly developed a project plan from the WBS provided60Completed the predecessor column correctly in the project plan based upon information in the case.40Correctly identified critical path activities16Correctly identified risks that would impact the project schedule40Used proper writing components such as, correct grammar, spelling, and word choice and cited all sources using correct APA style, etc..44 Total: 200 RUBRIC GRAPHIC
Ashford BUS318 full course (all five week dicussions+ assignments) Ashford BUS318 full course (all five week dicussions+ assignments) Question BUS 318: Organizational BehaviorWeek 1: Due 5/23Discussion Questions: Your initial post should be at least 150 words in length. Support your claims with examples from required material(s), and properly cite any references.Discussion 1: Attribution TheoryYour boss has recently heard a little about attribution theory and has asked you to explain it to him in more detail, focusing on its possible usefulness in managing your department. How do you address his request? Please make sure you indicate your department.Discussion 2: Career PlanningDescribe how career planning is useful throughout one’s career and is not just carried out during initial entry.Discussion 3: Career PlanningERG TheoryGive an example of how the ERG theory could be used to explain your motivation to work in a job you have had. Be specific.Discussion 4: Compressed Work Week?What are the potential advantages and disadvantages of a compressed work week? Would you want to work in a compressed work week? Why or why not?Week 3: Due 6/6Discussion Questions:Discussion 1: Managing a High-Performance TeamWhile surfing the Internet, you encounter this note posted in your favorite discussion group: “Help! I have just been assigned to head a new product design team at my company. The division manager has high expectations for the team and me, but I have been a technical design engineer for four years since graduating from college. I have never ‘managed’ anyone, let alone led a team. The manager keeps talking about her confidence that I will create a ‘high-performance team.’ Does anyone out there have any tips to help me master this challenge? Help! [signed] Galahad.” As a good citizen of the Internet, you decide to answer. What message will you send out?Your initial post should be at least 150 words in length. Support your claims with examples from required material(s), and properly cite any references.Discussion 2: Strategy and InfluenceIdentify and explain at least four strategies of managerial influence. Give examples of how each strategy may or may not work when exercising influence, both downward and upward, in organizations. Give examples of each based on experiences you have had at a job.Your initial post should be at least 150 words in length. Support your claims with examples from required material(s), and properly cite any references.Assignment:Article CritiqueInvestigate professional journals and locate two articles pertaining to organizational behavior that are of interest to you. You are to critique each of the two articles according to the instructions below. The articles should be less than three years old. You are encouraged to use the ProQuest Database.Each one- to two- page critique (a total of two to four pages for both critiques) must include the following three parts and must be formatted according to APA style as outlined in the approved APA style guide (including title page, in text citations and reference list).Identification of the Article- Provide the reader with enough information about your article so he/she will be able to locate the article.Summary of the Article- List the main points that the author has tried to establish (i.e., 1, 2, 3 or first, second, third). There normally will be three to five main points. If you are summarizing a court case, you should discuss: What provision of the law was at issue? Briefly state the facts of the case. What legal tests were applied? Were there any unusual elements in the case?Your Critique- Provide your reaction (insightful, critical, and logical) to the points that the author tried to make, or an overall critique of the entire article. A simple statement of agreement or disagreement is not sufficient. While you may make such a statement by way of introduction to your reaction, you must clearly and logically state the reasons for the position that you have taken.Week 4: Due 6/13Discussion Questions:Discussion 1: Unplanned ChangeDescribe a situation where you have encountered unplanned change. What did you do? Would you do it differently now? Thinking back, what were the other options at the time and why did you not choose them?Your initial post should be at least 150 words in length. Support your claims with examples from required material(s), and properly cite any references.Discussion 2: Organizational Communication“People in this organization don’t talk to one another anymore. Everything is e-mail, e-mail, e-mail. If you are mad at someone, you can just say it and then hide behind your computer.” With these words, Joe expressed his frustrations with Delta General’s operations. Charley echoed his concerns, responding, “I agree, but surely the managing director should be able to improve organizational communication without losing the advantages of e-mail.” As a consultant overhearing this conversation, how do you suggest the managing director respond to Charley’s challenge?Your initial post should be at least 150 words in length. Support your claims with examples from required material(s), and properly cite any references.Week 5: Due 6/20Discussion Questions:Discussion 1: Negotiating SalaryDiscuss the common pitfalls you would expect to encounter in negotiating your salary for your first job, and explain how you would best try to deal with them. Share any experiences you have had that you feel might help your peers in the future.Your initial post should be at least 150 words in length. Properly cite any references used to support your claims.Discussion 2: Organizational ControlsDescribe some of the side effects of organizational controls in a large mechanistically structured organization, such as the United States Postal Service. Identify at least one other large mechanistically structured organization that could have the same problems.Your initial post should be at least 150 words in length. Properly cite any references used to support your claims.Assignment:Final PaperThe purpose of the Final Project Paper is for you to culminate the learning achieved in the course by describing your understanding and application of knowledge in the field of Organizational Behavior. The Final Paper should also focus on real life, real time application of topics covered in this course; the uses you have seen and the uses you can envision.Focus of the Final PaperSelect a topic of interest in organizational behavior that you would like to explore with additional research (must use at least five references). Some suggested topics for your paper are:PersonalityStressAttitudesMotivationAttributionPerformance ManagementTeam buildingLeadershipDecision Making ProcessCommunicationOrganizational GoalsYour Paper Must:Apply the research to your personal working environment, or an environment you have previously experienced.Describe how will you use the knowledge you have gained in this course to change the way you interact and do business in the future? Writing the Final PaperMust be six to eight double-spaced pages in length, exclusive of Appendix, References, Exhibits, etc.Formatted according to APA style as outlined in the approved APA style guide (including title page and reference list).Must include an introductory paragraph with a succinct thesis statement.Must address the topic of the paper with critical thought.Must conclude with a restatement of the thesis and a conclusion paragraph.Must include at least five appropriately documented, academic sources.Must include, on the final page, a Reference Page that is completed according to APA style as outlined in the student guide.
Question_File5_9Dec_2nd Question_File5_9Dec_2nd Question 31. What advantage(s) does test marketing offer the marketer?a. Provides experience before full introductions.b. Allows testing of the marketing program.c. Allows testing of positioning, advertising, distribution, and pricing.d. All of the above.229e. None of the above.Bonneville Communications is concerned about test marketing and the possible relatedproblems. Choose from the following the one item that is not a disadvantage.f. Test marketing costs can be high.g. It can take much time to test market.h. It allows time for competition to spy and gain advantages.i. People who are surveyed tend to tell less than the truth.j. B and C32. Under what circumstances might a company do more than the average amount of testmarketing?a. When a new product requires a major investment.b. When management is not sure of the product.c. When management is not sure of the marketing program.d. When the product has no substitutes and is new in its category.e. All of the above.33. Although test marketing costs can be high, they are often small when compared with _____.a. the final resultsb. making a major mistakec. management’s approval and acceptanced. stockholders’ confidencee. A and B34. An attractive idea must be developed into a _____.a. product ideab. product conceptc. product imaged. test markete. none of the above35. _____ calls for testing new-product concepts with groups of target consumers.a. Concept developmentb. Concept testingc. Idea generationd. Idea screeninge. Test marketing36. The marketing strategy statement in new product development consists of three parts:_____, _____, and _____.a. idea generation; idea screening; concept developmentb. idea generation; concept development; concept testingc. idea generation; idea screening; idea managementd. target market description; planned product positioning; sales goals230e. idea generation; test marketing; commercialization37. _____ involves a review of the sales, costs, and profit projections for a new product to findout whether they satisfy the company’s objectives.a. Idea generationb. Idea screeningc. Business analysisd. Concept development and testinge. Test marketing38. In the _____ of new-product development, often products undergo rigorous tests to makesure that they perform safely and effectively or that consumers will find value in them.a. business analysis stageb. idea generationc. concept development and testingd. product development phasee. marketing mix phase39. Introducing a new product into the market is called _____.a. test marketingb. new product developmentc. experimentingd. commercializatione. none of the above40. A company getting ready to launch a new product must make several decisions. However,the company must first decide on _____.a. whether to launch the product in a single locationb. whether to launch the product in a regionc. whether to launch the product into full national distributiond. timing of the new product introductione. packaging41. _____ is a new-product development approach in which one company department worksto complete its stage of the process before passing the new product along to the nextdepartment and stage.a. Team-based product developmentb. Simultaneous product developmentc. Sequential product developmentd. Product life-cycle analysise. Micromarketing23142.All of the following are limitations of the simultaneous team-based approach to new-product development, except which one?a. Superfast product development can be riskier than the sequential approach.b. This approach often creates increased organizational tension and confusion.c. The objective of this approach is to assure that quality will not be sacrificed.d. Top management gives the product development team a new idea or work plan.e. Organizational tension can have a negative impact on employee morale.43. _____ is the period when sales fall off and profits drop.a. Introductionb. Growthc. Maturityd. Declinee. A or D44. All of the following are accurate descriptions of the life cycle of a style product, exceptwhich one?a. Style products appear in home, clothing, and art.b. Once a style is invented, it may last for generations.c. A style has a cycle showing several periods of renewed interest.d. Styles last only a short time and tend to attract only a limited following.e. B or C45. In the _____, the firm faces a trade-off between high market share and high current profit.a. growth stageb. decline stagec. maturity staged. introduction stagee. commercialization stage46.The major purpose of test marketing is to provide management with the informationneeded to make a final decision about _____.a. whether to compete in the marketb. which market to compete inc. whether to launch the new productd. how to compete in the markete. how long to compete in the market47. Following the decision to “time” the introduction of the new product, a company mustdecide _____ to launch the new product.a. whereb. howc. to what degreed. whye. all of the above23248. Small companies may enter new markets after testing by entering attractive _____.a. citiesb. regionsc. cities or regions, one at a timed. distributors or retailers, one at a timee. none of the above49. Companies with international distribution systems may introduce new products through thismethod. What is the method?a. Global rollouts.b. One country at a time.c. Paired countries with similar markets.d. Global timing.e. All of the above.50.All of the following are potential disadvantages of a sequential product developmentapproach except _____.a. product failuresb. lost sales and profitsc. ease of entering competitive marketsd. crumbling market positionse. all of the above51. In order to get their new products to market more quickly, many companies are adopting afaster, team-oriented approach called _____.a. simulated product developmentb. sequential product developmentc. simultaneous product developmentd. phased-in product developmente. market development52.The simultaneous product development approach is faster because departments workclosely together through _____.a. team effortsb. better planningc. the help of a consultantd. cross-functional teamse. departmentalization23353. The simultaneous product development approach uses cross-functional teams that overlapthe steps in the process to achieve what goals?a. Save time and reduce errors.b. Save time and increase effectiveness.c. Increase effectiveness and employee satisfaction.d. Speed product to market and reduce costs.e. B and D54. It is typical for top management to give the product development team general strategicdirections but no _____ or _____.a. clear-cut product idea; resource limitationb. clear-cut product idea; work planc. work plan; budgetd. freedom limitation; budget restraintse. budget; resources55. The simultaneous team-based approach does have some limitations. Which item does notfit the list?a. Superfast product development can be riskier.b. Superfast product development can be more costly.c. Superfast product development can create increased organizational tension andconfusion.d. Superfast product development produces equal or better quality.e. Superfast product development produces employees with high morale.56. Companies that get new and improved products to the market faster than their competitionoften gain a dramatic _____.a. first place in the marketplaceb. competitive edgec. penetration pricing strategyd. market sharee. none of the above57. Ligh t Metal Industries has discovered that new product success is hard work and complex. Itactually takes a _____ commitment to succeed.a. total-companyb. total-departmentc. total-managementd. total-employeee. total-product58. Which stage of the typical consumer product life cycle is out of place?a. Product development.b. Introduction.c. Maturity.d. Growth.e. A and B23459. This stage in the PLC is characterized by rapid market acceptance, increasing sales, andincreasing profits. What is it?a. Introduction.b. Maturity.c. Growth.d. Decline.e. Development.(60. Which of the following cannot be described by the PLC concept? It is not so obvious.a. Product class.b. Product form.c. Product image.d. Brand.e. None of the above.
question_key2_6Dec_5th question_key2_6Dec_5th Question 121. T F The term business markets refers only to producer markets.122. T F An example of a business market would be farmers.123. T F Grocery stores and supermarkets are a part of producer markets.124. T F Reseller markets consist of intermediaries that buy finished goods and resell them forprofit.125. T F Wholesalers sell primarily to ultimate consumers.126. T F There is little or no difference between wholesalers' customers and retailers'customers.127. T F Retailers purchase products and resell them to final consumers.128. T F The increase in government purchases has resulted partly from the increase in thenumber of services provided by the government.129. T F Government markets, although complicated in their requirements, can be verylucrative.130. T F Institutional markets include state prisons.131. T F Orders placed by business customers are usually smaller and more numerous thanconsumer sales.132. T F It is customary for contracts for raw materials and components to be negotiatedsemiannually.133. T F Reciprocal dealing is widespread because it is one of the few avenues not regulatedby the FTC, and it facilitates optimal purchases.134. T F Ultimate consumers are generally more rational than business customers.135. T F Business customers generally seek to obtain detailed information about a productbefore purchasing it.136. T F Business customers are forced to satisfy personal goals in pursuits that lie outsidetheir jobs.137. T F Business purchasing agents may indirectly contribute to the satisfaction of their ownpersonal needs by helping their firms achieve organizational objectives.138. T F When purchasing products, business customers are especially concerned aboutquality, service, price, and supplier relationships.139. T F One very important consideration for business purchases is the type of packagingused.140. T F Price is of concern to a business marketer primarily because of its psychologicalimpact on purchasing agents.141. T F If a business product exceeds specifications, so much the better; the customer canthen be assured of obtaining a minimum level of acceptability.142. T F In some cases, the types of services offered by a supplier may constitute a primaryadvantage over suppliers of similar products.143. T F On-time delivery is crucial to a business customer, since a late delivery may hold up aproduction line or cause the firm to lose sales.144. T F Inspection refers to a purchasing method in which a representative unit is taken froma lot and evaluated, and the buying decision is based on the conclusions.145. T F A new-task purchase is one in which the business makes an initial purchase of a newitem.146. T F Of the three types of business purchases, the straight rebuy purchase usually requiresthe most information.147. T F Industrial demand derives from consumer demand.148. T F In the long run, business demand becomes totally unrelated to consumer demand.149. T F The demand for many business products is inelastic at the industry level.150. T F For business products, the concept of inelasticity of demand applies equally toindustry demand for the product and to demand for an individual supplier.