Management -negotiable promissory note

Management -negotiable promissory note

Management
Question:
Isidro issued a negotiable promissory note to his attorney in return for the attorney’s promise to perform legal services. The attorney never rendered the legal services but quickly negotiated the note to Anna, a holder in due course. Anna and Mark were involved in business negotiations and Anna offered to purchase a car from Mark. She offered as part payment for the car the note issued by Isidro. By coincidence, Mark knew both Isidro and the attorney and the facts concerning the note and the unperformed legal services. Despite this, Mark accepted a negotiation of the note from Anna. Isidro refused to pay the note and Mark eventually sued Isidro to collect. What is the probable outcome?

Management
Question:
According to Webster’s Dictionary, science is the systemic knowledge of the physical or material world gained through observation and experimentation. Your textbook defines ethics as being “concerned with standards of behavior and the concept of right and wrong, over and above that which is legal in a given situation” (Judson and Harrison, 2010, p. 9). In essence, this is saying that although an act may not be ethical, it doesn’t mean that it is illegal.   With this in mind, what is your opinion regarding this statement: Science cannot be science without a consideration of the ethics involved. How should ethics guide biomedical research? What role should the law play in the field of bioethics?

Management
Question:
1.  What are DTI’s strengths and  weaknesses? What does it deliver to its customers that Sharp and other competitors  do not? 2.  What must DTI do to be  successful? Would these be different if DTI were not a joint venture of the two  giants, IBM and Toshiba? What does it take to be outstanding in the flat panel  display business? 3.  What principles and concepts does  one apply to improving a complex production system such as flat panel process  technology? 4.  What should Shima-san do? How  might his previous experience shape his decision?

Economics
Question:
Below is a production possibilities table for consumer goods (wheat) and capital goods (guns). Graph the data using Excel and then answer the following questions.     A B C D E F G WHEAT 0 100 200 300 400 500 600 GUNS 140 130 110 90 70 40 0     What are the specific assumptions that underlie the production possibilities curve? What would be the cost of more food if the economy is at point C? What would be the cost of producing more guns? How does the shape of the production possibilities curve reflect the law of increasing opportunity costs? What if this hypothetical economy were producing only 80 butter and 100 guns and it was depicted by this production possibilities table and curve, what conclusions could be drawn about this economy’s resource utilization? Can this economy produce outside its current production possibilities? How can technological changes affect the production possibilities curve? How can international trade permit consumption above its production possibilities curve?     Problem 2   Evaluate each of the supply and demand scenarios below by answering the following questions: •          How will each affect equilibrium price and equilibrium quantity in a competitive market? •          Will price and quantity rise, fall, or be unchanged? •          Based on the magnitudes of the shifts, will the answers be indeterminate? Provide appropriate graphs to illustrate your answers and use supply and demand to verify your answers.   a.     Demand decreases and supply is constant. b.     Demand increases and supply increases. c.      Supply decreases and demand is constant. d.     Supply increases and demand decreases. e.     Demand increases and supply decreases. f.       Demand decreases and supply decreases. g.     Demand increases and supply is constant.     Problem 3   Suppose that the demand and supply schedules for bushels of wheat are as given in the table below.   Price Demand Supply 5 40 170 4 60 150 3 90 90 2 100 70 1 300 30     a.     What is the market equilibrium wheat price per month and the market equilibrium number of wheat demanded and supplied? b.     If the local government can enforce a price-control law that sets the maximum price of $2.00, will there be a surplus or a shortage? Of how many bushels? And how many bushels will actually be sold? c.      Suppose that a new government is elected that wants to keep out the poor. It declares that the minimum price that can be charged is $4.00. If the government can enforce that price floor, will there be a surplus or a shortage? Of how many bushels? And how many bushels will actually be sold? d.     Suppose that the government wishes to decrease the market equilibrium price by increasing the supply of wheat. Assuming that demand remains unchanged, by how many units of wheat would the government have to increase the supply of wheat in order to get the market equilibrium rental price to fall to $2.00?