Humanities 2610 Final Exam. McRae, summer 2017

Humanities 2610 Final Exam. McRae, summer 2017

 

Humanities 2610 Final Exam. McRae, summer 2017

Directions. Please answer the ALL of the questions fully with reference to specific texts. You must do all of the work yourself, without help from another person. You
may refer to your texts as necessary. You will need 2 to 2 ½ hours to complete the exam. Please submit in the drop box by Sunday August 13, 9:00 am.

A. Genre. – Read both questions first, please, and then plan which texts you will use to answer each question so that you are able to show off knowledge of more
texts. 20 points

1. Evolution of the detective character. You have now read a variety of detective fiction novels and novellas. What makes a good detective? How have you seen the
character of detectives evolve from one author to the next? Do they depend on earlier models or do they introduce new characteristics for their detectives? Refer
specifically to at least 4 detectives and mention at least 4 different texts or detectives in your answer. (300-325 words) 10 points

2. We read Van Dine’s “Rules of Detective Fiction” and Todorov’s article illustrating how a genre can develop through breaking the rules. In what novels that we read
did you see rules broken? Mention at least 4 texts and 4 different rules broken. How did this rule breaking affect the evolution of the detective fiction as a genre
and your appreciation of the novel? Be explicit here as you refer to texts, but do not use Poe, Gaboriau, or Doyle’s stories since they wrote before Van Dine and thus
cannot be expected to “follow the rules”. (300-325 words) 10 points

B. Culture. 20 points – Read both questions first, please, and then plan which works you will use to answer each question. 20 points
1. Detective fiction, as we have seen, is a popular genre in many countries and is written in many languages. How does culture play a role in these stories? What
cultural facts do we need to be aware of to gain a fuller understanding of the work? Choose at least four (4) works to support your opinion and refer directly to the
texts. (300-325 words) 10 points

2. Recently on NPR literary critic Maureen Corrigan reviewed the re-publication of 4 of American author Ross Macdonald’s hardboiled detective novels. She lifts out an
enlightening quote about the “why” of reading and writing detective fiction: “Ross Macdonald had a smart answer to the tedious question of why he devoted his
considerable talents to writing “mere” detective stories: Macdonald said that the detective story was “a kind of welder’s mask enabling writers to handle dangerously
hot material.” What stories have we read that were able to use the “welder’s mask” to write about difficult topics? Choose at least four (4) works (different from the
ones above – well, ok, one author can be overlapping – that illustrate this phenomenon (300-325 words) 10 points

C. Reader response and your point of view – Answer the following question, feeling free to offer your opinion supported by evidence from the works we have read.
1. Edmund Wilson has famously panned the genre of detective fiction as worthless in a 1944 New Yorker article. What do you think? What is the value of reading
detective fiction? Give at least 4 advantages or disadvantages (or perhaps a mixture of both) to support your opinion, illustrating with direct references to the texts
we have read as well as to newer manifestations of the genre, in print, tv, or movie format.. (300 – 325 words) 10 points

 

Cost, Access, and Quality

Cost, Access, and Quality

Cost, Access, and Quality

 

Create a thread in response to the provided. The thread must be at least 600 words and demonstrate course-related knowledge. Each thread must include at least 2 peer-
reviewed source citations, in current APA format. Each thread will also require integration of at least 1 biblical principle.

Prompt: Choose 2 different vulnerable and underserved populations. Describe their health needs, and summarize the major challenges they face. Next, what are the
racial/ethnic minority categories in the United States? Compared with Caucasian Americans, what are the health challenges minorities face?

 

CASE 2-2 Real-World Case/Systems Integration at UPS Corp.

CASE 2-2 Real-World Case/Systems Integration at UPS Corp.

 

CASE 2-2 Real-World Case/Systems Integration at UPS Corp.

 

Source: Adapted from Aimee Desrosiers. (2006). Case Study Report, U Mass Lowell; Emigh, J. (August 3, 2005). UPS Bolsters Online Shipment Tracking, Ziff Davis
Internet; and UPS’ Sutliff: Communication Key to Alignment, CIO Insight (January 28, 2003).
In the mid-1980s, United Parcel Service, Inc. (UPS) was struggling for market share with a relative newcomer to the shipping industry, Federal Express (Fed Ex). After
only 10 years in business, Fed Ex was emerging as a formidable player largely due to the company’s culture of embracing technology as a strategic competitive advantage
in improving efficiency and customer service. In contrast, UPS studied their processes and employed less-technical changes (e.g., reducing physical motions in handling
boxes) to shave time off their deliveries. Fed Ex started as an airfreight company and UPS as a truck delivery company, but the two increasingly desired market shares
in the other’s core business.

UPS faced the typical challenges of any shipping company. They knew that shipping errors due to the wrong address or loading the box on the wrong truck were expensive
and time consuming. Errors happened frequently on systems that required manual data entry, and multiple systems required redundant processes to utilize the data. Much
of the products UPS handles look similar, which allows for picking errors. UPS’s phone-in customer service received an overwhelming number of phone inquiries each day
that required time- and cost-consuming processes to locate approximate package status. They had also identified the Internet and integrated technology as global
business drivers of the future. It was at this time that UPS decided to invest heavily in technology to drive growth.

UPS first identified their internal competencies and assets and looked for areas that could be improved through a strengths, weaknesses, opportunities, and threats
(SWOT) analysis. They found that they had an extensive infrastructure and expertise in transportation. UPS next examined such external factors as their customers, the
emerging business marketplace, and the competition. Traditional brick-and-mortar business and emerging e-Business all had similar requirements: integrated information
and real-time connectivity. Their customers desired the power to buy, sell, and research on their own terms—not where and when business dictated. It was clear that UPS
needed to bridge the gap between physical product or services and access to electronic information.

UPS developed an action plan that would be focused on the customer and enabled by technology. They offered a new variety of services integrated with core
transportation functions to make UPS an invaluable part of the customer’s business. They chose to centralize data in one of two large data centers (i.e., the hubs of
their IT platform). Integration is the cornerstone of UPS’s success. Since going public in 1999, UPS has acquired more than 30 other companies. They have more than
3,600 IT staff with two data centers in Mahwah, NJ, and Atlanta, GA. UPS has more than 14 mainframes, 2,755 mid-range computers, 260,000 personal computers, and 6,200
servers. According to the CIO of UPS, “We haven’t made [these acquisitions] to gain market share. Instead, we’ve made them for very strategic (technology) reasons.”13
Each time, UPS integrates old and new services to add value to the delivery chain.

13 Emigh, J. (August 3, 2005). UPS Bolsters Online Shipment Tracking. Ziff Davis Internet.
The IT department at UPS was a critical enabler and tried to integrate the systems from a business perspective.14 They installed a couple of different ERP modules from
Oracle: one for the HR functions and another for financials. By implementing the ERP UPS saved a tremendous amount of money for the goods and services purchased from
hundreds of locations around the globe. In addition, the UPS logistics network, which is very extensive, is rigorous because it was built on well-defined technological
standards. When UPS adds new applications, therefore, they fit into the rest of their interconnected IT infrastructure, which doesn’t tolerate excessive waste. UPS
makes sure all new technology fits in nicely over their architecture. In general, two factors have contributed to the successful integration of technology at UPS: a
corporate culture of open communication and a commitment to training.

14 UPS’ Sutliff. (January 28, 2003). Communication key to Alignment. CIO Insight.
UPS now integrates information from more than 60,000 Web sites with more than 7.2million customers making online tracking requests daily. The sophisticated UPS IT
platform offers such new software as Package Flow12, which identifies the packages that should be loaded on the delivery truck first, second, and so on, so that the
first deliveries are in the rear of the truck. Another software service is Trade Direct12, which now allows retailers, dot-com sites, and other enterprises to track
the status of both small packages and large freight around the globe through a single Web-based system. Management is also committed to training whenever new
technology is introduced and to providing an environment where all employees can contribute ideas for improvement.

From the customers’ standpoint, systems integration translates to better services related to package shipping and tracking that can be easily accessed from the UPS Web
site, or by using software provided by UPS. If an incorrect zip code is entered, an error message prohibits the user from continuing the process. The system provides
“smart” data (e.g., identifying rural addresses that may require extra delivery time and allowing the user to change options). It is possible to save a database of
shipping addresses to auto-fill fields for frequent receivers.

The UPS integrated system platform provides real-time communication links between packages shipped because the tracking number, date, and status are immediately
recorded. Aclient’s customer service could respond to an inquiry instantaneously instead of having to acquire a tracking number manually from shipping, trace the
package, and call the customer back. This puts the power directly in the customer’s hands. UPS is the model for successful integration for all industries.

Case Questions

What are some of the system integration challenges faced by UPS?
Discuss the systems integration solutions at UPS. How does it help UPS integrate new technologies?
Discuss the advantages of systems integration for UPS customers.

 

Gender and Sex/Adult Learning/Classroom Discourse

Gender and Sex/Adult Learning/Classroom Discourse

 

Gender and Sex/Adult Learning/Classroom Discourse

 

Prior to beginning this discussion please read the required articles “Gender and Schooling” (pp. 229-234), “Organizational Learning” (pp. 235-240), and “The Adult
Development of Cognition and Learning” (pp. 241-246) in your required text.
Based on your resources this week, apply skeptical inquiry to a brief discussion about how gender plays a role in the learning process and academic success. What
examples of this have you experienced or heard about in your own life? Explain the theoretical perspectives of organizational learning as a proponent of political
ideologies. Describe how an organization’s inability to learn to learn can affect performance. What interventions do you believe could be applied to online training
environments that would facilitate the learning process? Apply the concept of learning through adulthood to your own past academic success and/or failures. Do you
personally capitalize on your past experiences? How? Do you capitalize on the feedback given to you by mentors, classmates, and/or instructors? If so, how? Your
initial post should be 450 to 600 words in length and thoroughly discuss each of the elements in the prompt.
Guided Response: Review several of your colleague’s posts and respond to at least two of your peers by 11:59 p.m. on Day 7 of the week. You are encouraged to post your
required replies earlier in the week to promote more meaningful interactive discourse. How does your peer’s example about gender support or refute the required
readings this week? Do you feel that your peer’s suggestions about capitalizing on experiences assist with your own self-development? How? Continue to monitor the
discussion forum until 5:00 p.m. Mountain Standard Time (MST) on Day 7 of the week and respond to anyone who replies to your initial post. Peer responses may vary in
length but should be detailed and thought provoking. Your grade will reflect both the quality of your initial post and the depth of your responses.

 

Econ 3200: Money and Banking.

Econ 3200: Money and Banking.

 

Econ 3200: Money and Banking.

 

READ THE ATTACHED DOCUMENT ON MONEY SUPPLY (OR SEE THE APPENDIX)  AND ANSWER THE FOLLOWING QUESTIONS. YOU MAY USE A GRAPH OR AN EQUATION.

1.      Would quantitative easing result in rapid inflation?  Why or Why not?
2.     Would massive injections of liquidity create financial imbalances? Why or Why not?
3.     Some economists view that the Federal reserve should have left the market untouched, that is FED should not have not interfered and injected huge sums of money in the banking system. What is your opinion?
Summer II 2017Econ 3200: TAKE HOME FINALEcon 3200: Money and BankingInstructor: Prof. S. GhoshPART A:  (30 POINTS)
Q. 1:  The Federal Open Market Committee (FOMC) is headed by the President of the United States a. True ——; b. False—–Q 2. The main argument for Fed independence is that:a. Monetary policy is too important and technical to be determined by politicians.b. Because of the frequency of elections, politicians may be shortsighted, concerned with short-term benefits without regard for potential long-term costs. c. The public may well prefer that the experts at the Fed, rather than politicians, make monetary policy decisions.d. All of the abovee. None of the above3. A country’s monetary base depends on its: a. Total currency in circulation plus all bank depositsb. Total currency in circulation plus reservesc. All deposits including bond holdings and excess reservesd. None of the above4. Required reserve ratio is defined as the percentage of checkable deposits that the Fed specifies that banks must hold as reserves a. True; b. False —-5. Simple deposit multiplier is the ratio of the amount of deposits created by banks to the amount of new reserves a. True —–; b. False—–6. Key assumptions for deriving the money multiplier are:a. Banks hold no excess reserves.b. The nonbank public does not increase its holdings of currency.c. a and b bothd. None of the above
7.   Given that South Africa’s Central Bank’s reserve ratio being 2.5% and Kenya’s Reserve ratio being 5.25% where do you think a $1 million dollar investment will generate more money supply? a. Kenya —–; b. South Africa —-8. Suppose Vietnam’s current financial systems show that it has 300 billion dollars of Currency in circulation; 600 billion dollars of deposits and 100 billion dollars of Excess reserve. Given that its Central bank’s reserve requirement being 5% one can safely say that it’s money multiplier is: a.  2.1;   b. 4.5; c.  8;   d.  1010. The U.S. Central bank or the Federal Reserve has dual mandates —  price stability and maximum employment  a. True —-; b. False —–11. The U.S. Fed has mainly three major policy tools which are: a. Open market operation; Reserve requirement and Discount window b. Open market operation, Buying and selling bonds and setting of the discount rate c. Open market operation, intervening in the foreign exchange market and changing the reserve requirement d. None of the aboveAnswer Questions 12-14 based on the following diagram:         Funds rate         5.0 S2         4.5 S1
D
0   R2       R1   Reserves (R)12.   Due to Fed’s Open market purchase of securities the supply curve for Reserves shifts from S1 to S2. a. True —–; b. False —-13.  The federal Funds Rate increases from 4.5% to 5% because of: a. Fed’s open market Purchase of treasury securities b. Fed’s open market Sale of treasury Securities c. Demand for Treasury increases because banks buy more treasury securities d. None of the above14.  Because of Fed’s Open market action, the Federal Funds rate increases from 4.5% to 5%, this would lead to increase in money supply a. True —–; b. False —-15. An open market purchase by the Fed is an expansionary policy because it reduces interest rates whereas an open market sale is a contractionary policy. a.  True —–; b. False —-
(Bonus) 16. Quantitative easing is the central bank policy that attempts to stimulate the economya. by buying long-term securitiesb. by selling long-term securitiesc. by changing the Reserve requirementd. None of the abovePART B
17. (20 POINTS) READ THE ATTACHED DOCUMENT ON MONEY SUPPLY (OR SEE THE APPENDIX)  AND ANSWER THE FOLLOWING QUESTIONS. YOU MAY USE A GRAPH OR AN EQUATION.
1. Would quantitative easing result in rapid inflation?  Why or Why not?2. Would massive injections of liquidity create financial imbalances? Why or Why not?3. Some economists view that the Federal reserve should have left the market untouched, that is FED should not have not interfered and injected huge sums of money in the banking system. What is your opinion?

18. (5 POINTS) Explain why the following statement is Not true. In order to achieve price stability and full employment the Federal Reserve can increase the interest rate for deposits by changing the corporate and personal income tax ratea. True —-; b. False —

 

Appendix:
Monetary Policy Case Study Predicting Federal Reserve Actions in an Era of Uncertainty
POLICY CONTEXT In response to the 2008-09 financial crisis and subsequent recession, the Federal Reserve cut short-term interest rates effectively to zero and lowered long-term rates through multiple large-scale asset purchase programs (i.e., “quantitative easing”). This unprecedented use of monetary policy eased financial stress and improved rate-sensitive sectors of the economy. However, it also created uncertainty around the effects of both QE and the Fed’s exit strategy. Keybridge’s clients across all sectors have become increasingly concerned about the implications of Fed policies for their businesses. Over the past several years, many questions have arisen. Would quantitative easing result in rapid inflation? Would massive injections of liquidity create financial imbalances? When will the Fed begin to unwind quantitative easing? Will the inevitable rise of interest rates stifle the housing market recovery? Who will be the next Fed chairperson, and what will that mean for monetary policy moving forward? APPROACH Keybridge’s economists provide a number of services to clients concerned with monetary policy and how it might affect their businesses. Through regular correspondence, Keybridge has delivered timely and insightful analysis and guidance to clients. (1) Tracking the Federal Reserve: Keybridge closely follows the Fed’s public statements, meeting minutes, and policy actions. Based on more than 30 years of experience, Keybridge’s economists use their knowledge of the Fed’s inner workings and the overall macroeconomic environment to help clients anticipate the Fed’s next moves. (2) Custom “Fed Reaction Functions”: In addition to studying traditional “Taylor Rules,” Keybridge has developed its own Fed Reaction Functions to estimate the appropriate level for short-term interest rates. (3) Economic and Inflation Momentum Monitors: Keybridge publishes monthly leading indicators on U.S. economic growth and inflation that provide clients with a 3 to 6 month outlook. These tools help anticipate the economic environment the Fed will be operating under in the near future.
RESULT Keybridge’s analysis, forecasts, and strategic guidance have helped clients make smarter decisions and mitigate risks. Global investors have gained greater understanding of the timing and magnitude of interest rate movements that affect their investment returns. Chief Economists at Fortune 100 companies have garnered new insights that they have used to advise their executives on key strategic decisions; and trade associations have used Keybridge’s views on monetary policy to help shape their economic agenda.

Urban and Rural Service Coordination

Urban and Rural Service Coordination

 

Urban and Rural Service Coordination

This week, you will solve a service coordination problem with your classmates. Together, you will work through two scenarios that are encountered by human service
workers at every level in every type of agency in two different areas: urban and rural.

Complete the following for both the urban and rural service coordination scenarios:

List at least three services that your clients are likely to need as they prepare to leave treatment and transition back into the community.
Conduct research to find names of appropriate agencies and services that will serve the needs of your clients.
Decide how clients will access these services. (You can be creative—human service professionals are always trading services with each other.)
Urban Service Coordination

For the first part of this Discussion on urban service coordination, you are working in Tampa, FL as a case manager for a woman’s substance abuse treatment center and
have been asked to create a service coordination database. For the purposes of this assignment, you may assume the following: clients are mothers, unemployed, in need
of stable housing, and without transportation.

Together with your coworkers (classmates for this simulation), decide which services are most likely to be needed by your clients. Then, conduct research to find
agencies that offer the services you identified as necessary for your population. Next, decide how your clients will access these services (hint, how will they travel
to the agencies?). Once you have provided the information requested, work together as a class to develop the best coordination plan possible. Below are suggested
resources to help you begin.

Suggested Resources:

Demographic information: http://www.tampachamber.com/tampa_information.asp

Public transportation: http://www.gohart.org/

211 Tampa: http://www.211atyourfingertips.org/

Rural Service Coordination

The second part of the discussion on rural service coordination, takes place in Romney, WV, a much less concentrated area than Tampa, Fl. This means that there are not
enough dollars to create a substance abuse agency to serve only 100 clients. For that reason, it can be more difficult to provide effective case management to clients.
Conduct the same research as before; however, in this second scenario, assume that you are a case manager in Romney, WV in a prison working with both males and females
who have been incarcerated for at least five years. Work together with your coworkers (classmates) to create a plan to serve your clients’ needs so that they are
prepared to be self-sufficient upon release.

Suggested Resources:

Demographic information: http://en.wikipedia.org/wiki/Romney,_West_Virginia

211 West Virginia: http://www.wv211.org

The Personal and Social Impact of Computers – Reflection

The Personal and Social Impact of Computers – Reflection

 

The Personal and Social Impact of Computers – Reflection

 

1. Identify an online news story, case study, blog posting, or some other form of online resource that links the material discussed in this week’s readings and class session to business practice. Provide a link to this resource and a brief description of its content.

2. How does the resource that you have identified reinforce your understanding of this week’s material? (THIS WEEKS MATERIAL PROVIDED)

3. How does the resource that you have identified change your understanding of this week’s material?

4. How might you use what you have learned from this week’s readings, class discussions, and/or the online resource that you have identified to support your career objectives? (Career objective is too run my own business or finance career related)

Approx. 100 words per question

 

Securing Health Care Information Systems

Securing Health Care Information Systems

 

Securing Health Care Information Systems” Please respond to the following:

 

From the e-Activity, give your opinion as to whether or not the new procedures that the hospital implemented efficiently resolve the issues in this case. Next, suggest
an additional procedure that the hospital could utilize in order to secure patient privacy regarding medical condition and treatment plan. Justify your response.
Identify the key threats (e.g., internal, external, intentional, and unintentional, etc.) to the security of health care information. Select the single most
significant threat, and suggest one (1) way to minimize the threat that you have chosen. Provide a rationale to support your suggestion.
DUE TO ME NOT HAVING MY BOOK.. HERE IS ANOTHER STUDENTS ANSWER!!

Following HIPPA laws can be very simple yet complex. You can’t release any private information or give information to the families in an emergency situation. At my
last practice there was many occasions that a family member called and we could not release any medical information, unless a HIPPA formed was signed. It also had to
have the specific person’s name on the list to release the information.

 

The hospital put into place procedures that would protect the privacy of the patient. I do believe that these measure should have already been in place, but they do
help maintain HIPPA and its measures.

 

The challenge that many health professionals encounter is trying to get a hold of a patient if a specimen or pathology comes back with questionable results. If the
patient needs to see a specialist rather quickly, then the medical staff has to try their best to convey that without violating HIPPA. It can be frustrating and
difficult at times.

 

Internal threats to privacy and computer information are employees and other staff that have access to it. You have to entrust your staff to keep it private and safe.

 

External threats are hackers and other individuals or companies that want to gain access to medical information. They can do harmful things to an individual or a
company should they gain this access.

 

Intentional can come from external or internal sources. These are the individuals that want to obtain the information for harmful purposes.

 

Unintentional threats are when an employee accidentally leaves a computer screen on and another patient is able to look at it. This can also be when two employees are
speaking with each other and a unintended party overhears the medical information.

 

The single most threat to an organization that stores medical information are external individuals. These are the hackers that are attempting to do harm. The best way
to combat this challenge is to always make sure the computers utilize firewalls, passwords and encryption to help prevent any obtaining of information. At a health
care facility level always hide passwords and only allow those who need it to gain access to certain information.

 

 

Health Information Privacy, (2017), “Hospital Implements New Minimum Necessary Policies for Telephone Messages”, Retrieved from https://www.hhs.gov/hipaa/for-
professionals/compliance-enforcement/examples/all-cases/index.html#case19

 

Week 6 Response/Travis

Week 6 Response/Travis

 

Week 6 Response/Travis

Provide a 300 word response to the following including a reference
Travis

Eiteman, Stonehill, and Moffett define translation exposure as the potential for an increase of decrease in a multinational enterprise’s parent company’s net worth and reported net income that is caused by a change in exchange rates since the last translation (Eiteman, Stonehill, and Moffett, 2016, 313, Para. 1). Translation occurs when companies operating in multiple countries build their financial statements required by their home government. Let’s say a company the Nike Inc. which operates in many markets. At the end of the year Nike must report its earning from foreign subsidiaries, translated into U.S. dollars on the balance sheet and income statement. Companies can translate earnings using two different methods. They can use the current rate method or the temporal method. As the given by the name, when managers use the current rate method to translate their earnings they translate all line of the financial statements at the current exchange rate (Eiteman, Stonehill, Moffett, 2016, 215, Para. 5). Of course, there are a few exceptions to this rule. The temporal method allows line to be translated at different rates and different timing. “Under the temporal method, specific assets and liabilities are translated as exchange rates consistent with the timing of the item’s creation” (Eiteman, Stonehill, and Moffett, 2016, 316, Para. 2). Some items like equipment, buildings, and inventory are restated regularly. This is done to ensure that these items be valued at market labels.
The authors of the text go on to define operating exposure in chapter 12 a term that measures changes in the present value of a firm resulting from changes in future operating cash flows caused by unexpected changes in exchange rates, also known as competitive or strategic exposure (Eiteman, Stonehill, and Moffett, 2016, 331, Para. 1). Unlike translation exposure, determining a firms operating exposure requires managers to account for all of the firm’s net cash inflows and outflows by currency and compare them to other firms who operate in that market as well. Operating exposure is also associated with two forms, static operating exposure and dynamic operating exposure. These to examination methods normally take place when companies operate in 2 or more countries and their cash inflows and outflows are effected by revaluation of foreign currency and changes in exchange rates. Static examination looks at the transaction exposures of the business or business unit while dynamic examination looks at future business transactions not yet contracted for (Eiteman, Stonehill, and Moffett, 2016, 333, Para. 2). I believe that translation and operating exposure both have the same meaning for private firms and publicly traded firms. These two exposures are good measurement tool for any company that operates on a multinational level to use to measure its financial performance and future potential in conjunction with changing exchange rates.

Marlon
Economic exposure, also known as operating exposure is a type of foreign exchange exposure caused by the effect of unexpected currency fluctuations of a company’s future cash flows. (Investopedia, 2014) Translation exposure is the risk that a company’s equities, assets liabilities or income will change in value as a result of exchange rate changes. (Investopedia) Using a little logic, this would have the same overall meaning to a private firm as well as a publicly traded firm.
All firms that conduct business overseas are subject to the trading rates for the countries in which business is conducted. If I own an auto manufacturing business on the scale of a Ford or General Motors and I conducted business on all seven continents then I would need to pay my workers in those countries in that country’s currency. I would then receive money in that country’s currency as well. Therefore, translation exposure is the risk that is going to be taken if business is conducted internationally, regardless of if the business is public or private.
Economic exposure is a foreign exchange exposure that will affect both public and private business entities but the magnitude will be different. Publicly traded companies are depended on stock which is freely traded on a stock exchange and are subject to the currency rates in the country in which those stocks are traded. On top of that, those companies will likely conduct business transactions internationally as well making the future cash flows of a company fluctuate even more. Private companies may conduct business internationally but since there is only one owner or a group of owners, there are no stocks to trade internationally, thus reducing the fluctuations of future cash flows. Even if there are seven different owners living in seven different countries that own this business, the equity that is provided is only translated once, not several times or traded daily.
So essentially, translation exposure can happen to both types of companies with the same magnitude. Economic exposure can happen to both companies but at different magnitude.

 

Provide a 300 word response to both seperatly with a reference

Coffee Maker’s Incorporated (CMI)

Coffee Maker’s Incorporated (CMI)

 

Coffee Maker’s Incorporated (CMI)

Two divisions of a CMI are involved in a dispute. Division A purchases Part 101 and Division B purchases Part 201 from a third division, C. Both divisions need the
parts for products that they assemble. The intercompany transactions have remained constant for several years.Recently, outside suppliers have lowered their prices, but Division C is not lowering its prices. In addition, all division managers are feeling the pressure to
increase profit. Managers of divisions A and B would like the flexibility to purchase the parts they need from external parties to lower cost and increase
profitability.The current pattern is that Division A purchases 3,000 units of product part 101 from Division C (the supplying division) and another 1,000 units from an external
supplier. The market price for Part 101 is $900 per unit. Division B purchases 1,000 units of Part 201 from Division C and another 500 units from an external supplier.
Note that both divisions A and B purchase the needed supplies from both the internal source and an external source at the same time.The managers for divisions A and B are preparing a new proposal for consideration.Division C will continue to produce Parts 101 and 201. All of its production will be sold to Divisions A and B. No other customers are likely to be found for these
products in the short term, given that supply is greater than demand in the market.Division C will manufacture 2,000 units of Part 101 for the Division A and 500 units of Part 201 for the Division B.Division A will buy 2,000 units of Part 101 from Division C and 2,000 units from an external supplier at $900 per unit.Division B will buy 500 units of Part 201 from Division C and 1,000 units from an external supplier at $1,900 per unit.Division C Data 2014 Based on the Current AgreementPart 101 201Direct materials $200 $300Direct labor $200 $300Variable overhead $300 $600Transfer price $1,000 $2,000Annual volume 3,000 units 1,000 unitsRequired:Computations (use Excel)Set up a table similar the one below to compute the difference between the current situation and the proposal for Divisions A and B. Design a different table for
Division C.Division A  Current Situation Proposal  No. of Units Purchase Price Total Purchases No. of Units Purchase Price Total PurchasesInternal purchases 3,000 $ 2,000 $External purchases 1,000 2,000     Total cost for part 101 $ $   Savings to Div. A $   Summarize the financial effects for the three divisions and the company as a whole in another table.Memo (use Word)Write a 4- or 5-paragraph memo to the division manager explaining the analysis performed. Start with an introduction and end with a recommendation. Each of the four or
five paragraphs should have a heading.Short Essay (use Word) Start with an introduction and end with a summary or conclusion. Use headings.
Evaluate and discuss the implications of the following transfer pricing policies:                     Transfer price = cost plus a mark-up for the selling division                     Transfer price = fair market value                     Transfer price = price negotiated by the managersWhy is transfer pricing such a significant issue both from a financial and managerial perspective? Each submission should include two files: (1) An Excel file; and (2) A Word document. The Word document shows the  memo first and short essay last. Assume a
knowledgeable business audience and use required format and length. Individuals in business are busy and want information presented in an organized and concise manner.