ACCT349 Week 1 Quiz Latest 2017 March

ACCT349 Week 1 Quiz Latest 2017 March

Subject: Business / Accounting
Question
1. Question : (TCO 10) Which of the following statements is true about overhead cost variance analysis using activity-based costing?

Overhead cost variances are calculated for output-unit level costs only.

Overhead cost variances are calculated for variable manufacturing overhead costs only.

A 4-variance analysis can be conducted.

Activity-based costing uses input measures for all activities, resulting in the inability to do flexible budgets needed for variance analysis.

.

Question 2. Question : (TCO 10) Sebastian Company, which manufactures electrical switches, uses a standard cost system and carries all inventories at standard. The standard manufacturing overhead costs per switch are based on direct labor hours and are shown below:

Variable overhead (5 hours at $12 per direct manufacturing labor hour) $ 60

Fixed overhead (5 hours at $15 per direct manufacturing labor hour,

based on capacity of 200,000 direct manufacturing labor hours per month) 75

Total overhead per switch $ 135

The following information is available for the month of December:

• 46,000 switches were produced, although 40,000 switches were scheduled to be produced.

• 225,000 direct manufacturing labor hours were worked at a total cost of $5,625,000.

• Variable manufacturing overhead costs were $2,750,000.

• Fixed manufacturing overhead costs were $3,050,000.

The variable overhead spending variance for December was

$50,000 U

$350,000 U

$10,000 F

$60,000 F

Question 3. Question : (TCO 10) Sebastian Company, which manufactures electrical switches, uses a standard cost system and carries all inventories at standard. The standard manufacturing overhead costs per switch are based on direct labor hours and are shown below:

Variable overhead (5 hours at $12 per direct manufacturing labor hour) $ 60

Fixed overhead (5 hours at $15 per direct manufacturing labor hour,

based on capacity of 200,000 direct manufacturing labor hours per month) 75

Total overhead per switch $ 135

The following information is available for the month of December:

• 46,000 switches were produced, although 40,000 switches were scheduled to be produced.

• 225,000 direct manufacturing labor hours were worked at a total cost of $5,625,000.

• Variable manufacturing overhead costs were $2,750,000.

• Fixed manufacturing overhead costs were $3,050,000.

The fixed overhead production volume variance for December was

$450,000 F

$400,000 F

$50,000 U

$775,000 F

Question 4. Question : (TCO 10) The following information is for Pappillon Corporation’s variable manufacturing overhead costs last month: favorable flexible-budget variance of $3,000, unfavorable efficiency variance of $2,500. The spending variance is

$500 favorable.

$5,500 unfavorable.

$5,500 favorable.

None of the above

Question 5. Question : (TCO 10) Budgeted overhead costs rates can be expressed as an amount per unit of output or per unit of input.

True

False

 

MATH399 Week 1 Discussion Latest 2017 March

MATH399 Week 1 Discussion Latest 2017 March

Subject: Mathematics / General Mathematics
Question
Descriptive Statistics (graded)

If you were given a large data set (i.e., sales over the last year of our top 100 customers), what might you be able to do with these data? What might be the benefits of describing the data?

For additional videos, Excel templates, voice video on excel templates, How to work with ilabs please refer to this webpage

Math 399 – Supplemental class material (weblink)

Here are a few questions from Chapter 1 & 2 study plan that you can practice and also participate for discussion points. This will help you towards understanding the concepts and also prepare you toward the Week 3 Quiz. Please work on only one question at a time and give opportunities to your classmates to work on the questions. You can learn and lend a helping to your classmates, share technology help and links to understand, suggestions and tips..Remember homework alone is not sufficient to prepare toward quizzes. Therefore it is important that you practice in the study plan . Answers will be posted on Saturday evening.

1. Determine whether the given value is a statistic or a parameter.

A sample of students is selected and it is found that 35% own a computer

Study plan 1.1.41

2. Determine whether the underlined numerical value is a parameter or statistic. Explain your reasoning.

A certain zoo found that 8% of its 843 animals were nocturnal

Study Plan: 1.1.37

3. Suppose a survey of 568 women in the United States found that more than 56% are the primary investor in their household. Which part of the survey represents the descriptive statistics? Make an inference based on the results of the survey.

4. How is a sample related to a population?

5. Determine whether the variable is qualitative or quantitative

a. Goals scored in a hockey game

b. Favorite musical instrument

Study plan 1.2.7

6. What is an inherent Zero? Describe an example that has an inherent zero.

Study plan 1.2.31

7. Which method of data collection should be used to collect data for the following study.

A study of the health of 164 kidney transplant patients at a hospital.

Study plan 1.3.11

8. Use the given minimum and maximum data entries, and the number of classes, to find the class width, the lower class limits and the upper class limits.

Minimum = 13, maximum = 84, 6 classes

Study plan 2.1.11

9. Some graph questions to study: Study Plan 2.1.19, 2.1.26, 2.1.27

10. Students in an experimental psychology class did research on depression as sign of stress. A test was administered to a sample of 30 students. The scores are shown below.

43 50 10 90 77 35 64 36 42 72

54 62 35 75 50 72 36 29 39 61

48 63 35 41 21 36 50 46 86 14

a. Find the 10% trimmed mean of the data.

b. Find Mean

c. Find Median

D. Find Mode

E. Midrange

Please use the paste to clipboard from the data set to work in excel or in minitab

Study plan 2.3.65

11. Find the range, mean, variance and standard deviation of the sample data set.

7 10 17 15 5 11 16 6 13

Study plan 2.4.13

Financial Accounting II Assignment

Financial Accounting II Assignment

Subject: Business / Accounting
Question
Financial Accounting II
· Prepare all of the necessary journal entries for Big Box Merchandising Company. The company’s year-end is 12-31-2015. Pay very close attention to the dates of the transactions. Read through the entire set of transaction first and make sure you organize your entries properly. Have attention to detail!

· Post your journal entries to T-Accounts.

· Finally prepare the Trial Balance (no financial statements needed) at December 31, 2015.

1. Big Box Merchandising company had a issuance of stock on January 1, 2015. In this issuance they issued 100,000 shares of stock for a price of $10 per share. The par value of the stock was $1.

2. On January 1, 2015 Big Box purchased 200 shirts to be sold in their store. The shirts cost $5 each. Big Box will pay for these on account.
3. On January 31, 2015 Big Box paid the outstanding balance on the January 1 inventory purchase transaction.

4. On January 1, 2015 Big Box purchased $50,000 of 5% bonds as a held to maturity investment at a price of 102. The bonds mature on December 31, 2020.

a. The bondspay interest on June 30 and December 31.

b. Be sure to prepare all necessary entries for this investment through December 31, 2015 so that you have an accurate Trial Balance.

5. On February 15, Big Box purchased 50 more shirts to be sold in their store. The shirts cost $7 each. Big Box will pay for these on account.
6. On February 16, 2015 Big Box sold 225 shirts for $20. 125 of the shirts were sold for cash. The remaining were sold on account. The company uses the FIFO inventory method.
7. On February 20, 2015 Big Box retailer paid their outstand balance from the February 15th transaction.
8. On February 25th Big Box merchandising collected the outstanding balance from the February 16th transaction.
9. Big Box Merchandising made the following additional inventory purchases throughout the year. All purchases were for blue shirts to be sold in their stores.
a. March 15 – purchased 100 shirts for $2 on credit

b. May 20 – purchased 50 shirts for $3 on credit

c. July – purchased 25 shirts for $5 for cash

10. The following sales transactions took place throughout the year.

a. May 30 – sold 75 shirts for $30 on credit

b. August 15 – sold 20 shirts for $35 on credit

c. October 15 – sold 25 shirts for $20 all cash

11. On November 1, 2015 Big Box purchased an insurance policy in advance for $3,000 paying cash. The policy covers three months. Prepare all necessary journal entries for this transaction through December 31, 2015.

12. Big Box Merchandising needs to accrue for their December 31, 2015 telephone bill, which should arrive in the second week of January 2016. The company estimates that they used up $150 of their telephone service during the month of December.

13. Big Box Merchandising signed a contract to provide shirts to Walmart starting in 2016. Walmart paid Big Box $2,000,000 in advance on December 26, 2015.

14. On December 1, 2015 Big Box purchased 1,000 shares of Company B stock at $2 per share.

a. The current market price of Company B stock on December 31, 2015 is $6 per share. Prepare any necessary entries to reflect this change.

NR505 Full Course Latest 2017 March

NR505 Full Course Latest 2017 March

Subject: General Questions / General General Questions
Question
NR505 Week 1 Discussion Latest 2017 March

Ask a PICO(T) Question (graded)

Writea quantitative research question using the PICO(T) model about a health or safety issue observed in the Ironridge or Summerville community or your practice setting. Conducta search of the literature for the quantitative research question. (Remember you can use this topic and quantitative research article as part of your Research Summary Table assignment).Provide a brief summary of your quantitative research article.

You will not be able to see other’s posts for this forum until you have posted your response to the threaded discussion thread.

NR505 Week 2 Discussion Latest 2017 March

Theory and Variables (graded)

Review the differences in predictive and prescriptive studies and select a predictive or prescriptive article that you found in your literature search. What are the independent variables (IV), dependent variables (DV), and mediating variables (MVs) that you find in the article? How do determining IVs, DVs, and MVs help you discern the theory tested in the research? In your particular article, what risk factors are identified, or what recommendations are provided?

NR505 Week 3 Discussion Latest 2017 March

Plan a Qualitative Study (graded)

Writea qualitative research question using the PICO(T) model using the P (population), I (abstract concept), O (outcome), and T (time) from the PICO(T) model about an issue from your practice setting. Conducta search of the literature for a qualitative research article that would answer your qualitative research question. What qualitative research design (Phenomenology, Grounded Theory, Ethnography) did you select and why? Provide a summary of the study. How will you make sure that the information you obtain is trustworthy? How is trustworthiness in qualitative research similar and different from reliability and validity?

NR505 Week 4 Discussion Latest 2017 March

Sampling Issues (graded)

What are the various types of sampling, along with their advantages and disadvantages? As we think about sampling and ethical practices, review these two documents on ethical issues in research:

Tuskegee syphilis study at http://www.cdc.gov/tuskegee/

An overview of questionable studies: Resnik, D. (2012). Research ethics timeline (1932-present). Retrieved from http://www.niehs.nih.gov/research/resources/bioethics/timeline/index.cfm

What are the implications of this information with respect to the recruitment of human subjects in a study related to your chosen issue?

NR505 Week 5 Discussion Latest 2017 March

Inferential Statistics (graded)

Complete a PICO(T) search on a topic that pertains to your practice setting. Select one of the articles from your search. Identify the descriptive statistics. Then describe the inferential tests that were used in the article (in other words, t-tests and chi-squares). Given the p-values related to the tests, how do you interpret the results? Are they statistically significant, also clinically significant? What are the recommendations based on this paper? Share some alternate explanations (mediating or intervening variables) for the results of the study. If your chosen study does not contain inferential tests, then choose a different article that does contain inferential tests so you can participate in the discussion.

NR505 Week 6 Discussion Latest 2017 March

Evidence-Based Models (graded)

Read the box above about Mr. Lowell and his facility. As an advanced practice nurse, you will looking at various evidence based practice models and choosing two of them to compare and contrast here. After you compare and contrast them, discuss which one you would recommend to this facility and why? Remember to support your posts with scholarly research in APA 6th ed format.

NR505 Week 7 Discussion Latest 2017 March

Quality, Safety, and Costs (graded)

Class, this week I would like for you to think about a patient scenario related to our Summerville scenario. Mr. Lowell is especially concerned about a costly high infection rate in surgical patients at St. Louis Medical Center, along with a lack of concern about patient’s psychological needs. He has read about the efforts of the QSEN Institute (http://qsen.org) to promote quality and safety. He was surprised to see that patient concerns are inherent in the quality improvement conversation. Place yourself in the role of nurse educator to help the new staff education director and the clinical practice council study both problems. How would you explain the relationships among quality, safety, and costs to the director and staff? How would you demonstrate the importance of nursing care in addressing this issue? What outcome variables would you recommend?

NR505 Week 8 Discussion Latest 2017 March

Applying Evidence-Based Practice (graded)

What specific skills and knowledge that you gained through this course will be most important as you plan and implement your practicum project? Describe a concrete way in which you anticipate using these skills and knowledge.

NR505 Week 3 Portfolio Assignment #1 Latest 2017 March

Research Summary Table

Guidelineswith Scoring Rubric

Purpose

The purpose of this assignment is for the student to learn to assimilate, analyze, critique, and summarize original research articles. In other words, select a report of a single, original study.

Course Outcomes

Through this assignment, the student will demonstrate the ability to:

(CO 2) Formulate and analyze nursing/clinical problems related to nursing and other disciplines. (PO 1, 2, 4, 6, 7, 8, 9, 10)

(CO 3) Synthesize for dissemination the research findings from nursing and related disciplines. (PO 1, 3, 4, 5, 6, 7, 9, 11)

Due Date:Sunday 11:59 p.m. MT at the end of Week 3

Total Points Possible: 165 Points

Requirements

Through this assignment, the student will

1. Conduct a systematic search of relevant databases to find research-based evidence related to a nursing problem (CO 2);

2. Construct a summary table of four peer-reviewedquantitative single original studies, indicating the purpose, sample, design/level of evidence, findings, and limitations of each (CO 3), within table bullet points are required to present the information; and

3. Summarize the findings of the four studies as a whole using the usual text format (not a table) (CO 3).

Preparing the Table

Conduct a PICO(T) search on the nursing problem related to your practice setting.Select the four most recent peer-reviewed studiesthat describe original research in a single study (do not select a meta-analysis, systematic review of research, or integrative literature review). Refer to theTypes of Articles Found in the Nursing and Healthcaredocument in the Course Resource section to make sure that you are using the correct document.

Construct a table summarizing the four most credible and recent studies, using the Research Summary template on the next page (also found in Course Resource Section). Analyze each article and provide the following information in brief format: purpose of the study; type of sample and number of participants; design of the study, along with the level of evidence; findings of the study; and limitations of the study. The use of bullets to present the information in the table (rather than cutting and pasting information from the reference) is required. Cutting and pasting information from the article may result in an evaluated TurnItIn score.

Preparing the Summary

Briefly (4-6 pages; not including cover page and reference page(s)) summarize the results of the four studies as a whole. Follow this outline:

I. In a short paragraph, restate your research question and describe your search strategy. (10 points)

II. Analysis of the designs used in the studies presented in your research summary table. (10 points)

III. Where do these studies fall on the LevelsofEvidence table? What is the significance of this information?(10 points)

IV. Based on these studies, what are the findings? What is the answer to the research question?How well do the studies answer or fail to answer the question? Provide rationale to support your answer.(10 points)

V. How was eachsample selected and how many participants in the studies?Is this number adequate? Why or why not? (10 points)

VI. Overall, what are the limitations of the study, and how can these limitations be overcome in subsequent studies? (10 points)

VII. Based on these findings, is the evidence that you found on your topic strong enough to suggest a change in practice or an idea for practice? Why or why not?Please provide a rationale for your answer.(10 points)

Provide your references, formatted in APA style, after the summary. Include the doi number for each article. Submit a permalink of each article you have chosen for this assignment (directions on how to obtain a permalink are located in the Course Resource section).

Instructions for setting up your paper in APA 6th edition format.

Look at the example document for this assignment. Start your paper as you would for any scholarly assignment and use of APA 6thedition format is required. Copy and paste the table into your APA paper. This should allow your paper to remain in a vertical format.The vertical (i.e. portrait format) is required. Your paper should be ONEdocument.

Research Summary Table

Student Name: ___________________

Author (year)

Purpose

Sample/Number of Participants (provide descriptive statistics)

Design

Level of Evidence

Findings (provide any inferential statistics)

Limitations

Study 1

Study 2

Study 3

Study 4

PLEASE NOTE:The information in this table should be presented using bullet points rather than copying and pasting information from the reference.Copying and pasting directly from the article may result in an elevated TurnItIn score.

NR505 Week 4 Portfolio Assignment #2 Latest 2017 March

Guidelines for the National

Institute of Health(NIH) Training

PURPOSE

The purpose of this assignment is to provide students a deeper understanding of the history of the legal and ethical issues related to research and informed consent.

COURSE OUTCOMES

This assignment enables the student to meet the following Course Outcomes:

(CO5)Analyze the ethical and legal principles of research and of the function of an IRB (POs 4, 5, 6, 10).

DUE DATE

Submit the assignment to the NIH Training Certificate Dropbox by Sunday, 11:59 p.m. (MT), at the end of Week 4.

TOTAL POINTS POSSIBLE: 85 POINTS

REQUIREMENTS

Through this assignment, the student will

1. Analyze the ethical implications of research for various populations (CO 5).

2. Describe the history of ethical dilemmas in research (CO 5).

3. Relate the informed consent process to the ethical principles of research (CO 5).

Go to http://phrp.nihtraining.com/ and register for the NIH Training on the use of human subjects in research and work through the tutorial. When you have completed the tutorial, you will be awarded a certificate of completion. Make a copy of the certificate and submit it to the NIH Training Certificate Dropbox. This training should take 2–2.5hours to complete. If you have taken this training within the past year, you may submit that certificate. If you took the training more than a year ago, you need to retake the training course for NR505.

The NIH Training Certificate will be checked for authenticity. Submitting a non-authentic certificate will result in a zero for this assignment.

NR505 Week 5 Portfolio Assignment #3 Latest 2017 March

Critique of Systematic Research Review (SRR)

Guidelineswith Scoring Rubric

Purpose

The purpose of this assignment is to provide students with practice in identifying, reading, and critiquing systematic research reviews related to nursing. A systematic review is defined as “A summary of evidence, typically conducted by an expert or expert panel on a particular topic, that uses a rigorous process (to minimize bias) for identifying, appraising, and synthesizing studies to answer a specific clinical question and draw conclusions about the data gathered (Melnyk & Fineout-Overholt,2011, p.582).

Course Outcomes

Through this assignment, the student will demonstrate the ability to

(CO 3) Synthesize for dissemination the research findings from nursing and related disciplines. (PO 1, 3, 4, 5, 6, 7, 9, 11)

(CO 4) Compare and critique quantitative and qualitative designs and methodologies for research studies. (PO 4, 7, 9, 11)

Due Date: Sunday 11:59 p.m. MT at the end of Week 5

Total Points Possible:175 Points

REQUIREMENTS:

1. Choose an SRR that pertains to your practice setting.Describe the relevance of the nursing research problem addressed in a SRR to practice. (CO 3, 6)

2. Critique the levels of evidence of the studies used in the SRR, specifically the designs of the studies included. (CO 6)

3. Critique the clarity with which the studies are presented and critiqued. (CO 6)

4. Describe the overall findings of the studies, as summarized in the SRR. (CO 3, 6)

5. Critique the conclusions of the SRR, with implications for your current practice and future research. (CO 3, 6)

6. Utilize the Cochrane Database of Systematic Reviews to locate a true SRR for this assignment.

7. Paper length should be between 4-6 pages (not including cover page and reference page(s).

PREPARING THE PAPER

Consult your faculty member if you are uncertain about whether your article is a true SRR. If it is not, your grade will be affected because you will not be able to address all of the above objectives.

Important: Submit a copy of the permalink for the article that you are critiquing by placing it on your reference page underneath your references. This will help TurnItIn from returning a high similarity percentage on your written work. Remember to keep TurnItIn similarity to 24% or less.

References

Melnyk, B.M., & Fineout-Overholt, E. (2011). Evidence-based practice in nursing &healthcare (2nded.). Philadelphia, PA: Wolters Kluwer/Lippincott, Williams,& Wilkins.

TURNITIN®

This assignment will be submitted to Turnitin.You learned about Turnitin in your NR500 course, so you should be familiar with how to access it. Additionally, you will find an instructional announcement about Turnitin® in the course and in the Student Handbook.

NR505 Week 7 Portfolio Assignment #4 Latest 2017 March

Analysis and Application of Clinical

Practice Guidelines & Scoring Rubric

Purpose

The purpose of this assignment is to provide an opportunity for students to apply and disseminate information based on practice summaries. The most common type of practice summary in healthcare is the clinical practice guideline (CPG).

Course Outcomes

Through this assignment, the student will demonstrate the ability to

(CO 3) Synthesize for dissemination the research findings from nursing and related disciplines (POs 1, 3, 4, 5, 9); and

(CO 6) Utilize the principles of evidence-based practice to propose strategies that can address nursing issues (POs 1, 3, 4, 5, 7, 9).

Due Date:Sunday 11:59 p.m. MT at the end of Week 7

Total Points Possible: 200 Points

Requirements:

Through this assignment, the student will

Develop summary of a clinical practice guideline. (COs 3, 6)

Preparing the paper

You will develop a summary that you could use within an evidence-basedpractice (EBP) committee or related venue to share with your colleagues. This paper will be 5 – 6pages in length.

· Select a clinical practice guidelines that addresses an issue pertinent to your practice setting.

· Search the literature and evidence-based practice websites and databases to find a recent clinical practice guideline (no more than 5 years) related to the issue you select. The course Webliography provides websites where you can find clinical practice guidelines, but there are many others available in specialty-organization websites.

· Analyze and critique the clinical practice guideline. Use the Clinical Practice Guideline Summary Template in Course Resources to develop your paper. Components include:

o scope and purpose of the clinical practice guidelines;

o stakeholder involvement;

o rigor of development;

o clarity and presentation

o applicability

o editorial independence

· Attach URL address of the Clinical Practice Guidelines on the reference page of your paper.

· Note: Thetemplate isan outline to assist you in setting up your paper so you will be sure to address those topics in your paper in addition to other information to meet the criteria for this assignment. Your paper should be in APA 6th ed format. Do not copy and paste the template into your paper.

HOSP310 Week 3 Discussion 1 & 2 Latest 2017 March

HOSP310 Week 3 Discussion 1 & 2 Latest 2017 March

Subject: General Questions / General General Questions
Question
dq 1
Grocery Chains (graded)
Discuss the competitive practices of grocery chain stores in your area. How have these businesses begun to engage in competitive practices that are now affecting all of the food service operations in your community?

dq 2
Technology (graded)
Explain how technology helps hospitality businesses to know more about different customer segments. Gradually, at your instructor’s direction, move into a discussion of how technology is also helping hospitality operations to perform more efficiently in the Front-of-the-House and in the Back-of-the-House areas of operation.

Bmgt465 week 4 learning activity latest 2017

Bmgt465 week 4 learning activity latest 2017

Subject: Business / Management
Question
Week 4 Learning Activity

Learning Activity 1–Critical Thinking Activity

Organizational excellence during and following planned change depends in no small way on capable, committed leadership and followership. Critique OCC Dimensions 1-4. Identify at least two strengths and two weaknesses from the four Dimensions. You may identify your own critique criteria. To get you started consider the dimensions in terms of situational differences and challenges (e.g., noncrises vs crises situations, change due to mergers vs acquisitions and takeovers, alignment with organization mission and vision statements); applicability in global work environments (e.g., diverse work culture, virtual and team structures); and suitability for today’s complex business world (e.g., mindboggling connectivity, sophisticated technology, influence of social media and networking, importance of speed in decision making).

Use the following headings to organize and format your Response:

OCC Dimensions Critique

Strengths

1.

2.

Weaknesses

1.

2.

Analyze data, information, and ideas from the Week 4 readings and other resources listed in the Course Schedule. Create a Response evidencing and citing at least three required readings/resources, primarily from this week’s schedule. Also, identify, analyze, and integrate at least one well founded, credible outside source. Integrate and use bold font for at least three organizational change concepts, methods, theories, strategies, principles, or practices Use examples to support your claims. Cite all reference sources using APA format. Use in-text parenthetical citations, for example, (Cummings & Worley, 2005, p. 17)—please include page number(s), or other location such as chapter and section heading, or URL—within your Response content, and full citations at end (see Content/Using APA). Review the Discussion Guidelines to clarify expectations for successfully completing this question. Refer to the Week 4 Overview to reinforce the course learning outcome(s) and key concepts addressed in this week’s conference.

Learning Activity #2–Workplace Application Activity

Identify and discuss at least three take-aways (aka significant learnings) from the readings on empowerment, managing change and transition, and managing through change. How do these take-aways apply directly to your experience from dealing with organizational change (as a manager or employee), and your desire to increase your understanding and implementable resources in this area?

Use the following headings to organize and format your Response:

Take-aways

1.

2.

3.

Review data, information, and ideas from the Week 4 readings and resources. Create a Response evidencing and citing at least two required readings/resources, primarily from this week’s schedule. Also, identify, analyze, and integrate at least one well founded, credible outside source. Integrate and use bold font for at two organizational change concepts, methods, theories, strategies, principles, or practices (at least one per factor/aspect). Use examples to support your claims. Cite all reference sources using APA format. Use in-text parenthetical citations, for example, (Cummings & Worley, 2005, p. 17)—please include page number(s), or other location such as chapter and section heading, or URL—within your Response content, and full citations at end (see Content/Using APA). Review the Discussion Guidelines to clarify expectations for successfully completing this question.

 

Sup408 Case 1 – The online payments business is mobile

Sup408 Case 1 – The online payments business is mobile

Subject: Business / General Business
Question
Chapter 11 Case 1
One of the fastest-growing segments of the online payments business is mobile payments. U.S. mobile
payments are expected to reach $140 billion by 2019 and purchases using mobile devices could account
for half of all online retail sales by 2017. Google introduced one of the first digital wallet products that
would work on a mobile device in 2011 when it also introduced support for the operation of NFC chips in
its Android mobile operating system. Google Wallet stores a MasterCard account for users that agree to
maintain a cash balance with the card’s issuing bank, so it operates essentially as a debit card. Google
Wallet does not charge a fee to merchants or the MasterCard issuing banks, nor does it charge a
transaction fee. Instead, it generates revenue from advertisers who pay to display ads, offer coupons or
other promotions (specific ads are displayed based on the mobile device’s proximity to the stores that
are making the offers). Google Wallet has been slow to catch on with users. In 2014, Apple introduced a
digital wallet product for its mobile devices called Apple Pay. In operation, Apple Pay is similar to Google
Wallet; however, the infrastructure and revenue model is different. Apple Pay charges the issuing banks a
fee of 0.05 percent of the transaction amount and guarantees each transaction; that is, if the transaction
is fraudulent, Apple will cover the loss. Credit card companies normally charge merchants a fee ranging
between 2 and 3 percent of the transaction amount, so the additional Apple Pay fee serves as a lowpriced insurance plan for them. Consumers will not be charged at all for using Apple Pay and will not be
given advertising messages. Further, Apple has stated that it does not collect information about
consumer buying habits from Apple Pay data. Apple arranged for American Express, Discover,
MasterCard, and Visa credit cards to be included in their system, along with a group of large card-issuing
banks. They also included major retailers such as Bloomingdales, Disney, Staples, Walgreens and Whole
Foods. These participants will be able to collect data on consumer buying habits, but only on those
consumers that use their card or shop at their stores. Apple reported that more than a million credit
cards were registered with Apple Pay in the first three days it was available. After Apple Pay’s
introduction, an increase in the number of retailers that accept NFC payments (as you learned in this
chapter, NFC technology is used by both Google Wallet and Apple Pay) caused an increase in the use of
Google Wallet.

QUESTIONS
1. Compare the benefits and drawbacks of Google Wallet and Apple Pay from a consumer’s standpoint, a
retailer’s standpoint, and a bank’s standpoint.
2. In 2015, Google announced the introduction of a new service called Android Pay. Using your favorite
search engine or the resources of your library, learn more about Android Pay and explain why you think
Google decided to develop this new product. In your answer, be sure to consider why Google also
decided to continue offering its Google Wallet product.
3. A product named CurrentC that combines mobile payments and loyalty benefits was announced in
2015 by the Merchant Content Exchange, a company owned by a consortium of large U.S. retailers.
CurrentC avoids the charges imposed by credit card issuers by using debit cards, but debit cards do not
provide the same level of fraud protection as credit cards. Using your favorite search engine or the
resources of your library, learn more about CurrentC and outline this product’s chances for success. Be
sure to include a discussion of the benefits and drawbacks of CurrentC in your answer.

4. Some banks are considering creating and offering a digital wallet product. Using your favorite search
engine or the resources of your library, learn more about these banks and their plans – evaluate the
likelihood of a bank’s success in introducing its own digital wallet.

MKTG 5317 CASE AND QUESTIONS

MKTG 5317 CASE AND QUESTIONS

Subject: Business / Management
Question
BRUYNZEEL KEUKENS: MASTERING COMPLEXITY
NOVEMBER 2005, BRUYNZEEL KEUKENS HEADQUARTERS, BERGEN OP ZOOM, THE NETHERLANDS. A company board meeting was coming to an end. Jan Kessels was looking out of the window at the yellow company trucks being loaded with kitchen units ready for delivery. One of his fellow board members asked:
Are you actually suggesting we need to create a completely new supply chain?
“Yes, I am!” replied Kessels. He had been going through the myriad of strategic challenges facing the company. Strategically, Bruynzeel could no longer rely only on the construction market for growth. In order to grow and remain competitive, the company would have to adapt its kitchen cabinets to a different demand.
Bruynzeel’s objectives were twofold: to double its market share in the Dutch retail market and maintain its leadership in the construction market. These two goals would require heavy investment in terms of both capacity and flexibility to fulfill the growing share of the retail channel in Bruynzeel’s turnover. Retail customers were far more demanding than construction companies and increasingly requested custom solutions for the design of their kitchen. The mass production manufacturing set-up was no longer up to this task, it had to evolve.
Everyone on the board agreed with the idea of restructuring the supply chain. Bruynzeel was at a critical point in its history. The only remaining question was, how far should they go in the reorganization? Should they simply modify a few processes here and there or should they redefine the entire strategy from scratch? The discussion grew louder as every member of the board gave their opinion on what to do next.
Company Background
The Bruynzeel Company was created in the Netherlands in 1897 and specialized in carpentry, wooden floors and shipbuilding. In 1937 it also began to manufacture kitchens. In 1982, when it went bankrupt, Bruynzeel Keukens BV was created and began to compete in the low- and medium-range kitchen market in the Netherlands.
In 2004 sales reached nearly €108 million and were expected to grow by 12% (in value) for 2005. The company had almost 500 employees, 350 of which worked in production and order administration. Most of its turnover was made in business-to-business (construction market) and the remainder in retail.
Bruynzeel’s success was based on three key factors: The first was excellent brand recognition in the Netherlands – 93% of Dutch customers were familiar with the brand; the second was the trust given by the construction industry – Bruynzeel was market leader in the Dutch construction market in 2004; and finally, a proven track record for the quality, reliability and performance of its kitchens.

Dutch Kitchen Industry
After a period of consolidation in the Dutch kitchen market, by 2005 only three main national manufacturers remained. Bruynzeel was the market leader with a market share of 23% in volume and the second player was half its size. At the time, the Dutch kitchen industry was exporting €300 million to Germany and in turn, German manufacturers were exporting about the same volume to the Netherlands. With only 20 kitchen factories in the country, competition sourced some of its production from one of the 180 active German factories.
With about 2,000 stores, the Dutch kitchen market was saturated and Bruynzeel’s management wanted to expand sales outside the Netherlands. Being the Dutch market leader was no longer sufficient; judging from the concentration of manufacturers in the European market, it was becoming apparent that the company’s long-term survival and its independence relied upon its capacity to grow.
Bruynzeel’s first attempt to go international was exporting just over the border to Belgium, less than 10 km from its plant. Belgium’s market characteristics were different enough from those of the Netherlands to enable Bruynzeel to have a good first export experience. Unlike the Dutch market, the Belgium market was still very fragmented.
Market Strategy
The Construction Market
Over the years, Bruynzeel had earned a very good reputation and the trust of most construction companies in the Netherlands. By the end of 2005, it was the market leader in B2B in the Netherlands. Its market share was about 56% and rising. However, the company’s management did not want to exceed 60% market share. The B2B channel was not part of its growth strategy.
The Dutch construction market was different from other countries. For example, houses were delivered “turnkey.” Even for the rental market, houses and apartments had kitchens that were fully furnished at the landlord’s expense. The tenant could even choose the kitchen within a certain price range. By 2005, the trend in the Dutch kitchen market was for the customer to ask for more and more extras. Generally, the landlord would agree to this as long as the tenant was willing to pay any additional costs out of his own pocket. He could then go to a Bruynzeel store and choose the kitchen and accessories he wanted.
The Retail Market
In 2005 Bruynzeel was making 31% in retail stores and 14% in wholesale. By October, the company owned 23 stores, 4 of which had been created in 2004. Its market share in the retail channel was between 3% and 4% and the company’s goal was to double this within five years. In 2000 the company launched a new store concept, different from a traditional kitchen store, which would enable the client to have a “fun” experience. The new layout had a big central kitchen with tables where clients could sit, relax and have a drink. Chefs were invited to present recipes and actually cook in this large kitchen. Around this central kitchen were different “universes,” one for each line of kitchens. Every time a client entered the store, a hostess would come to him and direct him to a salesperson. The concept worked so well that 80% of the clients who sat with a salesperson would eventually buy a kitchen.
There were several reasons for expanding Bruynzeel’s retail market. The first was strategic – the company was becoming ever more dependent on the construction market, if one or two of its bigger B2B customers were to move toward the competition, it could have a dramatic effect on the company’s financial results. Furthermore, there was the profitability issue; selling kitchens in the retail market was far more profitable than selling them in the construction market. For instance, the average selling price of a fully equipped kitchen in the retail branch was 29 times higher than the standard white kitchen cabinets for the rental market (refertoFigure 1 below).
.0/msohtmlclip1/01/clip_image002.png”>
While Bruynzeel Keukens had traditionally seen itself as a kitchen manufacturer, the latest trends proved this vision wrong since the company was now in fact more of a kitchen seller. Such a transition in strategic vision did not come without issues and also meant making changes in the company’s operations, from purchasing and manufacturing to logistics and distribution – everything would have to be restructured.
Operations
Strategic Change
Although Bruynzeel Keukens had been very successful at selling kitchens, this improvement in its commercial performance made it clear to the management that its operations had to improve dramatically to maintain those good results. When asked about the company’s number one problem, the members of Bruynzeel’s management team would reply unanimously, “Logistics!” The market dynamics had changed and so had the company’s positioning.
Lead Time
One of the main problems for Bruynzeel was that synchronization between up-and downstream supply chains was poor. Customers were increasingly asking for better delivery performance but suppliers could not necessarily follow the trend. It was a difficult situation for the company. On average, the supplier lead-time of four weeks was twice as long as what the customer required. Rush-in orders could also be entered into the system without prior notice from the sales department. This resulted in a logistical nightmare for the plant operations manager. With the ever-changing demand, keeping a sufficient level of the right stock-keeping units (SKUs) was extremely difficult. The company had to serve two types of customers with different delivery requirements. Construction customers were easier to serve; the lead-time to deliver to a house or an apartment was 20 weeks on average – there was plenty of room for rescheduling. Retail customers, however, were much more demanding and rescheduling was more difficult. To compensate for this uncertainty, production people tended to build up stocks.
Although this was a fairly acceptable short-term solution to fulfilling customer demand, it also involved several disadvantages. First, building stock cost money through inventory carrying costs. Second, the shorter product lifecycle resulted in raw materials and higher value semi-finished products rapidly becoming obsolete. By 2005, about 50% of the product offering was changing on a yearly basis. This led to another dilemma: On the one hand, the company had to lower its costs and face ever-faster product lifecycles and on the other, it had to make sure that it had enough SKUs available to support customer demand and 10 years’ worth of product warranties. The complexity was increasing daily and the company had to do something about it –fast!
Variety
One of Bruynzeel’s main competitive advantages was the extent of its offering. Each client could customize his kitchen the way he wanted, from the color of the cupboard to the style of the door handle – the possibilities were endless. For the basic kitchen line alone, there were more than 40 million different combinations. However, this advantage also had its drawbacks. The logistics necessary to handle such a complex manufacturing process were also becoming more difficult each day. As Kessels said:
We should be able to makeour problems our suppliers’ problems.
A possible solution was to push the complexity upstream and let suppliers deal with it. Yet they were usually reluctant to insource complexity, and some were just not able deal with it. The purchasing department would have to find the right partners able to carry out this new mission.
Purchasing Strategy Implementation
By the end of 2005, following a new purchasing plan, the procurement team dealt directly with 300 suppliers out of 1,400, from an original pool of 1,800. It used ABC classification to rank the active suppliers: 26 were “A” suppliers with a spending of greater than €500,000 (the total “A” supplier spending represented 70% of the total spending); and 48 were “B” suppliers representing 20% of the spending. The spending per supplier was between €200,000 and €500,000.
The main criteria used to rate suppliers were logistics (on- time delivery), price and quality (number of defects). By this time, the purchasing department had been working on setting up partnerships with the top eight suppliers.
Kraljic Matrix
The other major tool used to classify suppliers was the Kraljic matrix (see below). The matrix was made of four quadrants and two axes (volume and risk). Each supplier fell in one of the quadrants.
.0/msohtmlclip1/01/clip_image004.png”>
Strategic Quadrant
This quadrant included suppliers with high volume and high delivery risk. Most of the strategic suppliers were “A” suppliers with only a few “B” suppliers. These were very important to Bruynzeel and there was a clear need for close partnership with them.
Leverage Quadrant
Bruynzeel purchased a lot from leverage suppliers, yet the delivery risk was much lower than it was with strategic suppliers; therefore close monitoring was not needed. Leverage suppliers could be either “A” or “B.”
Bottleneck Quadrant
This quadrant represented a problem to the purchasing department, since these were the suppliers with high delivery risk and low volume. Bruynzeel could not have a great impact on these suppliers since the volumes it purchased from them were small. Suppliers in this quadrant were best avoided.
Routine Quadrant
The suppliers in this quadrant had both a low turnover and a low delivery risk. The purchasing team would only look into this quadrant once in a while, unless the company was experiencing delivery problems.
Description: macbook hd:users:enriquerodriguez:desktop:screen shot 2017-04-27 at 7<a href=.42.02 pm.png” src=”file:///C:/Users/Pals/AppData/Local/Temp/OICE_2D051F82-5DE6-49FD-A168-D737E80E38CD.0/msohtmlclip1/01/clip_image006.png”>
Time for Change
The Bruynzeel management team had gone through a long process of identifying the key issues facing the company, listing possible solutions and implementation strategies. Supply chain management was undoubtedly on top of the list. The team needed to take important decisions fast; it could not afford to lose any more time in streamlining the supply chain. However, since Bruynzeel’s supply chain was bigger than the company itself, it was possible that suppliers could help the company manage the necessary changes. Management simply needed to identify those suppliers and ensure that cooperation would follow. What exact processes and functions should be reorganized? More importantly, how far should Bruynzeel’s management push the supply chain redesign? Would supplier involvement be absolutely necessary for success? If so, what would be the right approach?
Bruynzeel Financial Results
.0/msohtmlclip1/01/clip_image008.png”>
.0/msohtmlclip1/01/clip_image010.png”>
Questions:
1. What market segments does Bruynzeel Keukens serve? Explain how the market has changed for Bruynzeel Keukens. How has this caused problems in their supply chain and logistics?
2. What is lead time? How is lead time different for the two markets that Bruynzeel Keukens is serving? How does variety impact lead time?

3. Deconstruct the process that Bruynzeel Keukens used to reduce the number of suppliers from 1,800 to 1,400:
How did they determine which 300 they would deal directly with? Explain the Kraljic Matrix that they used. How did they determine the four quadrants and what did they decide to do with each?
Make sure to explain the steps that you think they had to take to create this plan, even if they are not directly stated in the case. For example, if you think they used a spreadsheet – what would this spreadsheet look like.

A single $300 cash inflow at the end of year 5

A single $300 cash inflow at the end of year 5

Subject: Business / Accounting
Question
19-20 and 19-23 from AIBD book 1. QUESTION 1
The following are four sets of cash flow:
a) A single $300 cash inflow at the end of year 5.
Determine the present value of each of the sets of cash flows using a discount rate of 10%. 1 points QUESTION 2 1. The following are four sets of cash flow: b) A series of $600 cash inflows at the end of years 1, 2, 3, 4, and 5.
Determine the present value of each of the sets of cash flows using a discount rate of 10%. 1 points QUESTION 3 1. The following are four sets of cash flow: c) A cash inflow of $400 at the end of year 3 and a cash inflow of $500 at the e nd of year 5.
Determine the present value of each of the sets of cash flows using a discount rate of 10%. 1 points QUESTION 4 1. The following are four sets of cash flow: d) A series of cash outflows of $80 at the end of years 1 through 10.
Determine the present value of each of the sets of cash flows using a discount rate of 10%. 1 points QUESTION 5 1. The McKenzie Company is considering buying a machine that would increase the
company’s cash receipts by $2,200 per year for five years. Operation of the machine would
increase the company’s cash payments by $100 in each of the first two years, $200 in
the third and fourth years, and $300 in the fifth year. The machine would cost $6,000 and
would have a residual value of $500 at the end of the fifth year.
Compute the present value of the cash receipts and cash payments for the first five years.
Assume a required rate of return of 16%. 1 points QUESTION 6 1.
The McKenzie Company is considering buying a machine that would increase the company’s cash receipts by $2,200 per year for five years. Operation of the machine would increase the company’s cash payments by $100 in each of the first two years, $200 in the third and fourth years, and $300 in the fifth year. The machine would cost $6,000 and would have a residual value of $500 at the end of the fifth year.
Compute the present value of the cash payment today. Assume a required rate of return of 16%. 1 points QUESTION 7 1.
The McKenzie Company is considering buying a machine that would increase the company’s cash receipts by $2,200 per year for five years. Operation of the machine would increase the company’s cash payments by $100 in each of the first two years, $200 in the third and fourth years, and $300 in the fifth year. The machine would
cost $6,000 and would have a residual value of $500 at the end of the fifth year.
Compute the net present value of the investment. Assume a required rate of return of 16%. 2 points QUESTION 8 1.
The McKenzie Company is considering buying a machine that would increase the company’s cash receipts by $2,200 per year for five years. Operation of the machine would increase the company’s cash payments by $100 in each of the first two years, $200 in the third and fourth years, and $300 in the fifth year. The machine would
cost $6,000 and would have a residual value of $500 at the end of the fifth year. Based on the previous calculations, should McKenzie Company make the investment?
Yes
No

 

ACCT349 Week 6 Discussion 1 & 2 Latest 2017 March

ACCT349 Week 6 Discussion 1 & 2 Latest 2017 March

Subject: Business / Accounting
Question
dq 1
Capital Budgeting (graded)
“Capital budgeting has the same focus as accrual accounting.” Do you agree or disagree? Explain.

dq 2

Discounted Cash Flows (graded)
What is the essence of the discounted cash flow methods?