MKTG 301 – Marketing Planning Document

MKTG 301 – Marketing Planning Document

MKTG 301 – Marketing Planning Document

Subject: Business / Marketing
Question
Objective
Understand and incorporate the various elements that constitute Promotion within your marketing plan.

Overview
Marketing Planning Document 8 explores Promotion – the final “P” of marketing. As an aside, promotion is what most people think of when they think of marketing.

Part One: Introduction
Introduce Marketing Planning Document 8 by explaining what promotion is and the role it plays within the 4Ps of marketing.

Part Two: Resources
Review what you learned in Lessons 12-15 about the various forms of promotion, including content from your textbook and online course material. Note: Be sure to incorporate insights you gained from the Practice Marketing demo – Promotion. You are also encouraged to conduct independent research to enrich your own learning. Please remember to cite your work properly.

Part Three: Prompts and Guiding Questions
Please answer the following prompts and guiding questions relating to promotion:

As you begin thinking about promotion of your product, you must first understand and agree upon what the goal(s) of the promotion you are trying to create?

Are you trying to inform, persuade, remind or connect?
Once you have decided on the goal(s) of your promotion, you are ready to dive into developing your promotional mix in order to reach your target market. Your promotional mix should include advertising, public relations, sales promotion, personal selling, direct marketing, and social media.

According to Lamb, Hair, and McDaniel, âthe ultimate goal of any promotion is to get someone to buy a good or serviceâ (p. 258). As such, use the Hierarchy of Effects Model to develop a strategy for reaching your promotional goal(s).

While you are developing your promotional mix, make sure the message reaching the consumer is the same regardless of the promotional medium. In other words, employ an integrated marketing communication (IMC) strategy while working through the Hierarchy of Effects Model.
You should also address any factors that might affect your promotional mix (i.e., Nature of the Product, Stages in the Product Life Cycle, Target Market Characteristics, Types of Buying Decisions, Available Funds, and/or Push and Pull Strategies).
Donât forget about your salesforce.

If your ultimate goal is to sell something and your company utilizes a salesforce, how will your promotional mix generate leads for your salesforce?
Social media is changing the marketing landscape.

Be sure to discuss how you are using social media to connect with your customers and how social media fits within your overall marketing plan.
When developing the promotional mix section of your marketing plan, please be as specific as possible. Donât just say that you are developing an advertisement. Instead (using the Hierarchy of Effects Model) explain what type of advertisement you plan to use:

Highlight key concepts within your advertising campaign (i.e., message and USP).
What media types will you use (and why are you using them), etc.
If you are feeling super creative and ambitious, provide me an example (i.e., create an actual ad or press release for your campaign). You never know, bonus points may be rewarded for such ambition! Be creative and have fun!

Part Four: Final Artifact and Reflection
Summarize the considerations your team made when developing your promotional strategy (i.e., summarize the work you did in Part Three into a cohesive paragraph describing how you plan to promote the product you are marketing). Conclude your planning document by providing insights you gained from this assignment that you had not initially gleaned from the course material or textbook reading.

Geeks R Us has 5 locations all around the twin

Geeks R Us has 5 locations all around the twin

Geeks R Us has 5 locations all around the twin

Subject: Business / Management
Question
Geeks R Us has 5 locations all around the twin cities in Minnesota, where they provide geek support to households and small business. Input measures for each facility include weekly hours of operation, full-time equivalent staff, and cost of weekly supply. Output measures include average weekly profit, market share, and annual growth rate. Data for the input and output measures is shown below.

Input Measures

Output Measures

Location

Hours of Operation

FTE

Staff

Cost of

Supplies

Weekly

Profit

Market

Share

% Growth Rate

Northern

96

16

850

$4000

27%

7.8%

Western

110

22

1400

$4600

32%

8.5%

Southern

100

18

1200

$4400

35%

8.3%

Eastern

125

25

1500

$6500

30%

10%

Central

120

24

1600

$6000

28%

9%

Perform DEA for Western location. Show formulation at the bottom of page. Solve. Report optimal.
How much is the weekly profit of the composite? ______

What is the % market share of the composite? ________
What is the % growth rate of the composite? _______
How many hours of operation does the composite use? ________
How many FTE staff does the composite use? ______
How much supplies does the composite use? ______
Overall, the composite produces Western’s output with what percentage of Western’s resources? ___

HSA510 Assignment 1: Implications of Health Economic Concepts for Healthcare

HSA510 Assignment 1: Implications of Health Economic Concepts for Healthcare

HSA510 Assignment 1: Implications of Health Economic Concepts for Healthcare

Subject: General Questions / General General Questions
Question
Assignment 1: Implications of Health Economic Concepts for Healthcare

Due Week 4 and worth 200 points

Select at least five (5) economic concepts covered in the first four weeks’ readings, and discuss the primary manner in which these concepts impact the world of health care economics. Some examples of selected concepts are health demand and supply, elasticity, resources, health measures, and costs.

Write a four to six (4-6) page paper in which you:

Assess the value of healthcare professionals and decision makers understanding the discipline of health economics.
Defend or critique the importance of considering the complex nature of health and healthcare when examining the economic principles related to healthcare delivery.
Analyze the primary potential benefits of learning about health economics related to government involvement in healthcare economics, financing, and delivery.
Analyze the main potential benefits of learning about health economics related to private sector government involvement in healthcare economics, financing, and delivery.
Use at least five (5) current references. Three of these references must be from current peer-reviewed sources to support and substantiate your comments and perspectives.
Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:

Explain how selected economic principles apply to the health care market and the provisions of health care services.
Analyze the factors that are influencing the demand and supply of health care services in the U.S.
Assess current economic trends that influence the cost, quality, and access to care.
Use technology and information resources to research issues in health economics.
Write clearly and concisely about health economics using proper writing mechanics.

 

EC441 – In the long run, output per person

EC441 – In the long run, output per person

EC441 – In the long run, output per person

Subject: Economics / General Economics
Question
EC441: Problem Set 5
Multiple-choice questions
The next four questions concern the Malthusian model. Suppose that the productivity of land
increases so for a given level of labor, output increases. Answer the following questions about the
effect on the economy relative to the initial (pre-change) steady state:

1. In the long run, output per person will be
A) Greater
B) Lower
C) No change
D) Ambiguous

2. In the long run, population will be
A) Greater
B) Lower
C) No change
D) Ambiguous

3. In the long run, total (aggregate) output will be
A) Greater
B) Lower
C) No change
D) Ambiguous

4. In the long run, the death rate (at the new steady state) will be
A) Greater
B) Lower
C) No change
D) Ambiguous
5. Suppose that in the Solow model the long run capital per capita is 5. Suppose that the current
capital per capita is 2. Then current savings
A) Equals depreciation plus population growth
B) Is greater than depreciation plus population growth
C) Is greater than depreciation plus population growth
1 D) Cannot say with numbers provided

6. Suppose that the world is a collection of countries each following the Solow model with the
same fundamentals (production function, population growth, depreciation), but different levels
of capital per worker. Which of the following should happen:
A) The poor countries should grow faster than the rich
B) The rich countries should grow faster than the poor
C) All countries grow at the same rate
D) There is no growth in any country

The next four questions concern the Solow model. Suppose the government discourages savings
by taxing capital and using the money to subsidize consumption. Think of this as a decline in
the savings rate. Answer the following questions about the effect on the economy relative to the
initial (pre-change) steady state:

7. In the long run, output per person will be
A) Greater
B) Lower
C) No change
D) Ambiguous (cannot sign the change for certain)

8. Compared to the original steady state, consumption per person in the new long-run steady state
will be
A) Greater
B) Lower
C) No change
D) Ambiguous (cannot sign the change for certain)

9. Along the transition to the new steady state, output per person will be:
A) Increasing
B) Decreasing
C) Constant
D) Ambiguous (cannot sign the change for certain)

10. In the new long-run steady state, the growth rate of output per capita compared to the original
steady state will be:
A) Greater
B) Lower
C) No change
D) Ambiguous (cannot sign the change for certain) 2 Short-answer questions

1. Consider the effect of giving aid to a developing economy. Let a be the amount of aid per person
given each year. “Total income available” for a country in per capita terms is then y + a, where y
is the amount of domestic output per capita. Start each economy from a steady state.
(a) Describe what happens in a Malthusian economy. In particular, assume that what determines
mortality and fertility is total income available. Describe what happens in the new steady
state to (a) per capita output produced, (b) per capita consumption (which is equal to per
capita total income available, as there is no saving in this model), and (c) population.

(b) Describe what happens in a Solow economy. In particular, assume that savings is an s
fraction of total income available (s is the saving rate). Describe what happens in the new
steady state to (a) per capita output produced, (b) per capita consumption, and (c) capital
per capita.

(c) Drawing on your answers from above, do you think that aid will help the poorest countries grow faster? Give some intuition of why growth may have different effects given the
underlying nature of the economy. 3

For masking open back windows, the display person

For masking open back windows, the display person

For masking open back windows, the display person

Subject: Business / Management
Question
QUESTION 1
For masking open back windows, the display person can use the following:
1.bamboo blinds
2.plants
3.ribbons
4.all of the above
1 points

QUESTION 2
Which of the following represents the most effective “sequencing” of fixtures for a typical department:
1.round rack, gondola, T-stand, quad rack
2.T-stand, quad rack, round rack, gondola
3.gondola, round rack, quad rack, T-stand
4.T-stand, gondola, round rack, quad rack
5.gondola, round rack, T-stand, quad rack
1 points

QUESTION 3
A display for a clearance sale would most likely include.
1.Umbrellas, outdoor furniture, tennis nets
2.Brooms, shopping bags, store boxes
3.Hearts, rosebuds, gold
4.Pastel colors, curtains, ribbons
5.Desks, chairs, files
1 points

QUESTION 4
Contrast uses light and movement to attract the viewer’s attention.
True
False
1 points

QUESTION 5
Store planners are designers that have many skills. They have experience asâ¦
1.visual merchandisers
2.architects
3.designers
4.colorists
5.All of the above
1 points

QUESTION 6
The value of an awning is
1.Visual appeal for the retailer
2.Reduction of glare
3.No value, awnings are becoming outdated
4.More than one of the above
1 points

QUESTION 7
What are the merchandise categories best suited for shadow box windows?
1.jewelry
2.scarves
3.neckties
4.all of the above
5.none of the above
1 points

QUESTION 8
There are the “bread-and-butter” fixtures
1.t-stands
2.stock-holders
3.rear walls
4.aisle tables
1 points

QUESTION 9
Merchandise should be tested under fluorescent lights to check the effect. Which of the following types of merchandise might be the most enhanced by fluorescent lights?
1.rugs
2.men’s sportswear
3.artists’ supplies
4.jewelry
5.women’s sweaters
1 points

QUESTION 10
Are lone accessories best displayed in a small closed display or a large open display?
1.Small closed display
2.Large open display
3.Either option works equally well.
1 points

QUESTION 11
The United States flag would best be used promoting what holiday?
1.The Fourth of July
2.Spring
3.Presidents Day
4.Back-to-School
5.Both a and c
1 points

QUESTION 12
Which of the following is NOT true of the fluorescent light as compared to other forms of light?
1.very efficient
2.inexpensive
3.light offers rich shadows and depth
4.all are true of fluorescent lights
1 points

QUESTION 13
There is a high probability that a display done in red and pink is for ______.
1.Spring
2.Christmas
3.Valentine’s Day
4.Easter
5.Back-to-school
1 points

QUESTION 14
What is a T-square?
1.A T shaped platform constructed of squares used for in store displays
2.A drafting table with perfect right angles
3.A ruler like object with a T head used to draw straight lines
4.A special hieroglyphic used in drafting
5.A standard traffic flow pattern
1 points

QUESTION 15
Proscenium is used to
1.accentuate the display setup behind it
2.show the pipes and lighting fixtures
3.distract the street side viewers
4.screen the theme used for the window
1 points

QUESTION 16
A T-wall:
1.forms the back of a closed window
2.always includes a platform
3.is designed as the back of all windows
4.is a two-sided partition
5.none of the above
1 points

QUESTION 17
Which of the following trade organizations is primarily concerned with issues related to store planning?
1.NADI
2.ISP
3.POPAI
4.DD&I
5.PAVE
1 points

QUESTION 18
When they are merchandised effectively, walls will become
1.invisible.
2.destinations.
3.traffic lanes.
4.graphic images.
5.signposts.
1 points

QUESTION 19
A visual merchandiser decides to use a large elephant cutout in conjunction will the showing of a delicate diamond necklace. He is hoping to capitalize on the principle of
1.Dominance
2.Proportion
3.Rhythm
4.Contrast
1 points

QUESTION 20
According to the text the best props in fashion shows are ones that the models can â¦
1.Interact with
2.Sit on
3.Blend in with
4.Carry with them
5.None of the above (It is not recommended to use props in fashion shows)
1 points

QUESTION 21
A type of display featuring hiking boots, a tent, sleeping bags, flannel shirts, and denim jeans would be best classified as:
1.one-item
2.line-of-goods
3.related merchandise
4.environmental
5.variety
1 points

QUESTION 22
A widow display shows a robber climbing through a window with an armful of stolen pants even though he is surrounded by expensive electronic devices. This display is making good use of
1.Nostalgia
2.Humor
3.Motion
4.Surprise and Shock
5.Both b and d
1 points

QUESTION 23
Which of the following is best used as accent lighting
1.MR16
2.Fluorescent
3.Incandescent
4.HID lamps
1 points

QUESTION 24
Which of the following is not a typical system material:
1.aluminum
2.wood
3.plastic
4.steel
5.all are typical system materials
1 points

QUESTION 25
A black dress is in the center of a window display surrounded by a white environment. This is an example of ______.
1.Lighting
2.Scale
3.Humor
4.Contrast
5.Surprise and Shock
1 points

QUESTION 26
Walls help to
1.move shoppers through the store.
2.support store image.
3.display merchandise.
4.define the store’s shopping spaces.
5.All of the above.
1 points

QUESTION 27
A costumer is a
1.freestanding fixture unit
2.a hanger set on top of an adjustable upright
3.unit which usually has a skirt bar
4.more than one of the above
1 points

QUESTION 28
A photo blow up that shows the product being used in its intended setting is called a ______ graphic.
1.Lifestyle
2.Slice
3.Croquis
4.Standard
5.Stock
1 points

QUESTION 29
A basic display work area should facilitate
1.Planning and designing
2.Detailing and preparation
3.Both a & b
4.None of the above
1 points

QUESTION 30
Which of the following is not an example of a “stock-holder:”
1.T-stand
2.quad rack
3.round rack
4.gondola
5.all are examples of “stock-holders”
1 points

QUESTION 31
As light bounces from one surface to another and then to our eyes, what is the effect on merchandise?
1.it has a neutral effect
2.it can effect the color of the merchandise
3.it usually turns the merchandise slightly blue
4.the light is refracted and thus has no effect on merchandise
1 points

QUESTION 32
Why do merchandisers use POP displays?
1.to encourage the consumer make a spontaneous decision
2.to allow the customer time to consider the purchase
3.to promote sale promotions
4.to motivate a new sale
1 points

QUESTION 33
The color lavender is an example of
1.An analogous color
2.A tint
3.A secondary color
4.A neutral color
1 points

QUESTION 34
A common difference between proscenia and masking is â¦
1.Proscenia is permanent and masking is usually semi permanent
2.Proscenia is semi permanent and masking is usually permanent
3.Proscenia and masking as just two names for the same thing
4.Proscenia primary use is in department stores and masking is mainly used in boutiques
5.Both a and d are common differences between proscenium and masking
1 points

QUESTION 35
Which type of lamp is considered “ideal” for jewelry displays:
1.MR16
2.G-lamp
3.PS bulb
4.PAR lamp
5.none of the above
1 points

QUESTION 36
What is the best device used to attract the viewers eye?
1.Props
2.Repetition
3.Color
4.Lighting
1 points

QUESTION 37
All of the following are vendor shops except
1.Coach
2.Gucci
3.Nordstrom’s
4.MAC
1 points

QUESTION 38
What is the major disadvantage of fluorescent lighting for a store?
1.the bulbs break easily, thus causing a hazard and possible lawsuit
2.it is available in only one form, blue white, and thus turns everything slightly blue
3.it tends to produce a flat, even, shadowless light that does not produce interesting textures
4.it generally flatters the people but not the merchandise
1 points

QUESTION 39
A merchandiser of cosmetics is most likely to want to use which kind of lighting
1.Incandescent
2.Florescent
3.High-pressure sodium
4.HID
1 points

QUESTION 40
When working with mannequins, which of the following is not true:
1.in order to dress a mannequin, it must first be taken apart
2.if a mannequin is to wear pants, probably one leg will need to be removed
3.if a mannequin has a butt-rod, an opening must be provided in the crotch or seam of the trousers to permit the rod to slide into the fitting
4.if a mannequin has a removable wig, it should be taken off before dressing
5.all are true

POLI330 Week 6 Quiz Latest 2017 April

POLI330 Week 6 Quiz Latest 2017 April

POLI330 Week 6 Quiz Latest 2017 April

Subject: Political Science / General Political Science
Question
1. Question :

(TCO 7) Radicals use the term “political economy” instead of _____ to describe their critique of capitalism and the inequitable distribution of wealth among nations.

Marxism

laissez-faire

public choice

Keynesian

Question 2. Question :

(TCO 7) How do Keynesian economic policies differ from the traditional laissez-faire policies developed by Adam Smith?

Laissez-faire policies advocate for “cutthroat” capitalism, and Keynesian policies seek to spread wealth equally among a nation’s citizens.

Keynesian economics advocates for increased government control of economics, and traditional laissez-faire argues for a hands-free approach.

Smithian policies advocate for increased spending and stimuli for government-run businesses, and Keynesian economics argues for a hands-free approach.

The more liberal Smithian economies distribute wealth more evenly among society, and Keynesian economics tends to distribute wealth among the top 1%.

Question 3. Question :

(TCO 7) During the 1970s, critics developed this new term to describe inflation with stagnant economic growth.

Growth Slope

Quagmire

Stagflation

Recession

Question 4. Question :

(TCO 7) Between 1965 and 1973, the percentage of Americans living below the poverty line _____.

doubled

greatly decreased

slightly increased

rapidly increased

Question 5. Question :

(TCO 7) Analyze recent changes to the Food Stamp program.

The distribution of cash grants allows the program to be easily misused.

The updated debit card system makes the program more difficult to misuse.

Many recipients sell Food Stamps for 50 cents on the dollar in order to purchase drugs and alcohol.

The program allocates surplus government dairy to the poor, ameliorating milk and cheese inflation.

Type: MC

Question 6. Question :

(TCO 7) Which of the following is an increasing financial concern of the Medicare program?

The proportion of older people in American society is increasing steadily.

Every American citizen obtains Medicare on reaching age 65, regardless of class.

Economic inequality renders Medicare more necessary for some than for others.

Wealthy Americans are taking advantage of the Medicare system.

Question 7. Question :

(TCO 7) According to political scientist Ira Sharkansky, “All modern states are welfare states, and all welfare states are _____.”

democratic

compassionate

bureaucratic

incoherent

Question 8. Question :

(TCO 7) How might Americans’ reluctance toward entitlement programs benefit them in the long run?

Citizens will pay lower taxes, stimulating the economy via “trickle-down” economics.

Entitlement programs are complex and inefficient; our government will save time and money by proceeding with caution.

Americans can justify raising the debt ceiling through entitlement programs, so long as they are wary of the choices they make.

Government subsidies to businesses, rather than spending on welfare programs, will help the United States generate revenue and reduce overall spending.

Question 9. Question :

(TCO 7) Most liberals feel that the poverty line is _____.

reasonable

disproportionate

too high

too low

Question 10. Question :

(TCO 7) Many conservative economists argue that some banks are _____, because they would topple the rest of the economy with them.

inherently successful

too big to fail

destined for profit

practically invincible

 

Diet and Your Body – What foods have high levels of calcium

Diet and Your Body – What foods have high levels of calcium

Diet and Your Body – What foods have high levels of calcium

Subject: Biology / General Biology
Question
5.1.7 Journal: Diet and Your Body
Biology Sem 2 (S3852519)
Points possible: 20 Journal

1. Your body needs calcium to build strong bones and teeth. Calcium is also used for nerve function and
muscle contraction. Most growing teens need about 1,200 mg of calcium each day. There are about 300 mg
of calcium in one glass of cow’s milk.
a) What foods have high levels of calcium? Look at the USDA pyramid and see what foods are high in
calcium. (2 points) b) In general, do you think you get enough calcium in your diet? What foods from the food pyramid do you
eat regularly? (2 points) 2. Iron is an essential nutrient, especially for teenagers. It is a component of red blood cells and is needed
to carry oxygen to growing muscles and tissues. Teenagers need around 12 to 15 mg of iron each day.
Luckily, many cereals and baked goods are fortified with iron. This means that iron is added to them. a) What foods have high levels of iron? Look at the food pyramid? items in the meat group generally have a
lot of iron. (2 points) b) Based on the pyramid and what you know about iron, do you think you get enough iron in your diet? c) People who lack iron in their diets are at risk of anemia. This condition causes weakness in the body and
a decreased capacity for learning. Why would a lack of iron cause anemia? Think about the function of red
blood cells in the body to help you answer this question. (2 points) 3. Your body needs protein. Protein is broken down into amino acids that are then used to build the proteins
your cells need to function. What is the primary source of protein in your diet? Use the food pyramid to see
what types of protein­rich foods you eat on a regular basis. (2 points) 4. Fruits and vegetables contain many vitamins and minerals needed for optimal health. a) How many servings of fruits and vegetables does the USDA recommend getting every day? Look at the
food pyramid and add up the servings of fruit and vegetables. (2 points) b) Think about what you ate yesterday. Did you consume the recommended amounts of fruits and
vegetables? Make a list of what you eat in a typical day and compare this to the recommended amount. (2
points) 5. The USDA recommends eating fats, oils, and sweets sparingly. Do you think most people in the United
States follow this advice? Foods like chips, candy, and fast food contain high amounts of fats or sweets. (2
points) 6. Overall, do you think your diet provides your body with all of the nutrients needed to be healthy and
strong? Use information from the pyramid to support your answer. Think about your diet for the last few
days and compare it to the foods listed in the pyramid. (2 points)

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Howard Stark, envious of his sonâs movie career,

Howard Stark, envious of his sonâs movie career,

Howard Stark, envious of his sonâs movie career,

Subject: Business / Accounting
Question
Howard Stark, envious of his sonâs movie career, ventured into television, but only got a small part in a story about his inventions. So, he decided to finance his own reality show, Iron Baker. (Whether he stole the concept from Tony or it described the consistency of his bread, we are not sure).

In a recent episode he was demonstrating the proper technique to raise shortbread, but got cara-wayed and took too long. Everything went a-rye, the loaf exploded (it was filed with baking powder) and Howard was toast.

You have been asked to advise his estate on the following.

Howardâs gross estate includes:

1. 1,000 shares of Stark Armaments, Inc. This is Howardâs military development company. His basis in the shares is $ 350,000. The date of death value is $1,500,000 (we took out some zeros so as to not overtax your calculators). It has a great deal of E & Pâmore than enough no matter what we do. The balance of the stock is owned as follows:

a. Maria Stark, his wife, owns 400 shares.

b. Pepper Potts (Tonyâs wifeâok Iâm a couple of movies early) owns 90.

c. Peggy Carter, no relation, owns the remaining 510.

2. 610 shares of Stark Innovations, Inc. This is Howardâs commercial company. His basis in the stock was $190,000. Itâs FMV at the time of his death was $1,100,000. It too had overwhelming E & P. The balance of the stock is owned as follows:

a. Tony Stark, his son, owns 100 shares.

b. Maria owns 90 shares.

c. Pepper Potts owns 100.

d. Edwin Jarvis, the butler but otherwise no relation, owns 100.

Taxes and administration expenses are $980,000. The total estate is $6,500,000. Maria and Tony are the sole heirs of the estate.

Maria, the executor, asks you:

1 What are the tax consequences to the estate if it redeems stock to pay off the taxes and expenses? Does it matter which stock is redeemed?

2 What are the tax consequences to the estate if all of its Armaments stock is redeemed by the corporation for FMV?

3 What are the tax consequences to the estate if all of its Innovation stock is redeemed by the corporation for FMV?

No stock of the other shareholders will be redeemed.

Explain your answers.

 

Douglas Davis, controller for Marston, Inc.,

Douglas Davis, controller for Marston, Inc.,

Douglas Davis, controller for Marston, Inc.,

Subject: Business / Management
Question
Douglas Davis, controller for Marston, Inc., prepared the following budget for manufacturing costs at two different levels of activity for 2015:

Level of Activity

Driver: Direct Labor Hours

50,000

100,000

Direct materials

$ 300,000

$ 600,000

Direct labor

200,000

400,000

Depreciation (plant)

100,000

100,000

Subtotal

$ 600,000

$1,100,000

Driver: Machine Hours

200,000

300,000

Maintaining equipment

$ 360,000

$ 510,000

Machining

112,000

162,000

Subtotal

$ 472,000

$ 672,000

Driver: Material Moves

20,000

40,000

Moving materials

$ 165,000

$ 290,000

Driver: Number of Batches Inspected

100

200

Inspecting products

$ 125,000

$ 225,000

Total

$1,362,000

$2,287,000

During 2015, Marston worked a total of 80,000 direct labor hours, used 250,000 machine hours, made 32,000 moves, and performed 120 batch inspections. The following actual costs were incurred:

Direct materials $440000

direct labor $355000

depreciation $100000

Maintaining equipment $425000

Machining 142000

Moving Materials 232500

inspecting products 160000

Marston applies overhead using rates based on direct labor hours, machine hours, number of moves, and number of batches. The second level of activity (the right column in the preceding table) is the practical level of activity (the available activity for resources acquired in advance of usage) and is used to compute predetermined overhead pool rates.

One of Marston’s managers said the following: “Budgeting at the activity level makes a lot of sense. It really helps us manage costs better. But the previous budget really needs to provide more detailed information. For example, I know that the moving materials activity involves the use of forklifts and operators, and this information is lost when only the total cost of the activity for various levels of output is reported. We have four forklifts, each capable of providing 10,000 moves per year. We lease these forklifts for five years, at $10,000 per year. Furthermore, for our two shifts, we need up to eight operators if we run all four forklifts. Each operator is paid a salary of $30,000 per year. Also, I know that fuel costs about $0.25 per move.”

QUESTION:

Assuming that these are the only three items, expand the detail of the flexible budget for moving materials to reveal the cost of these three resource items for 20,000 moves (Especially consider how activity-based budgeting may provide useful information for non-value-added activities.)

What is the cost per unit when there are 20000 moves?

What is the cost per unit when there are 40000 moves?

SOC 357 – Which age group is happiest

SOC 357 – Which age group is happiest

SOC 357 – Which age group is happiest

Subject: Sociology / General Sociology
Question
SOC 357 The Pursuit of Happiness class .

Question 1 (0.5 points)
Which age group is happiest?

Question 1 options:

Over 70

Between 41-50

Between 31-40

Between 51-60

Between 21-30

SaveQuestion 2 (0.5 points)
What did Dr. Martin Luther King, Jr. say was life’s most persistent and urgent question?

Question 2 options:

What do you believe in?

What are you doing for others?

What is your favorite skin color?

What makes you happy?

What is your purpose in life?

SaveQuestion 3 (0.5 points)
Which of the following represents the model by Xiao, et al. (2008) about financial domain and happiness in college students?

*NOTE: the > symbol is used as an arrow in the responses below

Question 3 options:

Overall life satisfaction > financial behaviors > financial satisfaction

Financial risk > financial status > overall life satisfaction

Financial behaviors > financial satisfaction > overall life satisfaction

Overall life satisfaction > financial satisfaction > financial behaviors

Financial satisfaction > financial behaviors > overall life satisfaction

SaveQuestion 4 (0.5 points)
How have the reasons for students attending college changed in the past 50 years?

Question 4 options:

There has been an increase in the intent to âcultivate social relationshipsâ and a significant decrease in âliving a comfortable lifestyleâ

There has been a decrease in the intent to âcultivate social relationshipsâ and a significant increase in âliving a comfortable lifestyleâ

In the past, students have gone to college with the intent to expand their knowledge, but today the primary reason is that they have nothing else to do

There has been a decrease in the intent to âdevelop a meaningful philosophy on lifeâ and a significant increase in âbeing well off financiallyâ

There has been an increase in the intent to âdevelop a meaningful philosophy on lifeâ and a significant decrease in âbeing well off financiallyâ

SaveQuestion 5 (0.5 points)
All of the following are true statements about celebrations and festivities EXCEPT:

Question 5 options:

Celebrations favor inclusion

Celebrations are part of the happiness formula

Celebrations induce deep, enduring happiness

Celebrations are an aspect of the social human experience

Celebrations break down status divisions

SaveQuestion 6 (0.5 points)
Which of the following reasons is most likely responsible for why religious persons are generally happier than non-religious persons?

Question 6 options:

Source of humility and self-acceptance

Emphasis on community

Putting others first

The search for something more

Death is not the end

SaveQuestion 7 (0.5 points)
What are the three major areas that give our lives meaning?

Question 7 options:

Family/friends, celebrations, and education

A connection to something larger than oneself, family, and spirituality

Love, work/engagement and a connection to something larger than oneself

Work/engagement, education, and spirituality

Love, education, and a higher power

SaveQuestion 8 (0.5 points)
What is the difference between religion and spirituality?

Question 8 options:

Spirituality has ties with a particular faith tradition and metaphysical/supernatural reality while religion does not.

Religion has ties with a particular faith tradition and metaphysical/ supernatural reality while spirituality does not.

Religious practices require meeting and tithe-paying while spirituality does not.

Religion is practiced in the United States while spirituality is not.

Spirituality is practiced in individualistic societies while religion is practiced in collectivist societies

SaveQuestion 9 (0.5 points)
Which industrialized nation has the lowest average paid time off for maternity leave?

Question 9 options:

France

United States

Japan

Norway

Canada

SaveQuestion 10 (0.5 points)
According to the readings and lectures, which of the following aspects is the most important to ones work life?

Question 10 options:

How nice your fellow employees are

The location of the job

What sector the job is in

The amount of money one earns

The personal meaning of the job one does

Save