BUS 640 genius Education Begins/bus640genius.com

1. BUS 640 genius Education Begins/bus640genius.com FOR MORE CLASSES VISIT www.bus640genius.com

2. BUS 640 Entire Course • BUS 640 Week 1 DQ 1 Firm Objectives BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems (New) BUS 640 Week 2 DQ 1 Marginal Rate of Substitution BUS 640 Week 2 DQ 2 Demand Elasticity BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems (New) BUS 640 Week 3 DQ 1 Relevant Costs BUS 640 Week 3 DQ

3. BUS 640 All New Assignments • Week 1 • Problem 1: • A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2. • Describe your answer for each item below in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

4. BUS 640 Week 1 DQ 1 Firm Objectives • Firm Objectives. Why do some business firms pursue a triple-bottom-line outcome while others focus only on profit maximization? Please, use a real company example to illustrate your points

5. BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty • Decision Making Under Uncertainty. To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work. Edith preferred to travel on I-20 highway as it was usually the fastest, taking 25 minutes in the absence of traffic delays. Mathew pointed out that traffic jams on the highway can lead to long delays making the trip 45 minutes. He preferred to travel along Shea Boulevard, which was longer (35 minutes), but rarely had traffic jams. Edith agreed that in case of traffic jams, Shea Boulevard was a reasonable alternative. Neither of them knows the state of the highway ahead of time.

6. BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems (New) • BUS640 week 1 Assignment • Problem 1:A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2. Describe your answer for each item below in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

7. BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems (New) • Week 2 Assignment • Consumer Demand Analysis and Estimation Applied Problems • Please complete the following two applied problems: • Problem 1:

8. BUS 640 Week 2 DQ 1 Marginal Rate of Substitution • Marginal Rate of Substitution. What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitutes one product for another? Use examples to illustrate

9. BUS 640 Week 2 DQ 2 Demand Elasticity • Demand Elasticity. Please, read the article Hainer, R. (2010), provided in the required readings section for this week. The tobacco industry is a prime example to consider when talking about price elasticity of demand. While nicotine use can be addictive for many users, it is not addictive for the so-called "social smokers". • What can we say about the price elasticity of demand for nicotine products (such as cigarettes, pipes, tobacco) in the group of nicotine addicte

10. BUS 640 Week 3 DQ 1 Relevant Costs • Relevant Costs. Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding, installation, and maintenance. Recently, the partners acquired special technology and know-how for winter grass installations and maintenance. They also added a tree cutting service as recent storms in the area had caused demand for this service to soar. One of the partners insists that the name of the business should change to Lawn and Tree Care, so that it better reflects the range of services and, thus, generates more customer interest, and

11. BUS 640 Week 3 DQ 2 Contribution Analysis • Contribution Analysis. Explain what is meant by “contribution analysis”. Carefully define the term and provide examples to illustrate it.

12. BUS 640 Week 3 Production Cost Analysis and Estimation Applied Problems (New) • Production Cost Analysis and Estimation Applied ProblemsPlease complete the following two applied problems:Problem 1:William is the owner of a small pizza shop and is thinking of increasing products and lowering costs. William’s pizza shop owns four ovens and the cost of the four ovens is $1,000. Each worker is paid $500 per week.

13. BUS 640 Week 4 DQ 1 Strategic Behavior Oligopolies • Strategic Behavior Oligopolies. An interesting example of strategic behavior comes from a 1997 article about Microsoft’s investment in Apple (New Straits Times, 1997). The article is included in the Required Readings list. Facing tough anti-trust scrutiny from government agencies, Microsoft provided financial support to Apple in order to ensure Apple’s survival and, therefore, to ensure that competitiveness in the industry remains. Moreover, the partnership with Apple provided an additional market for Microsoft’s products – the MS Office and the IE products were t

14. BUS 640 Week 4 DQ 2 Local Market Power • Local Market Power. Bulls Eye department store specializes in the sales of discounted clothing, shoes, household items, etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target, located 49 miles away in Eagar. Bulls Eye, therefore

15. BUS 640 Week 4 Journal Economics in News • BUS 640 Week 4 Journal Economics in News

16. BUS 640 Week 4 Market Structures and Pricing Decisions Applied Problems (New) • Market Structures and Pricing Decisions Applied Problems. • Please complete the following two applied problems: • Problem 1: • Robert’s New Way Vacuum Cleaner Company is a newly started small business that • produces vacuum cleaners and belongs to a monopolistically competitive market. Its • demand curve for the product is expressed as Q = 5000 – 25P where Q is the number of • vacuum cleaners per year and P is in dollars. Cost estimation processes have determined question in

17. BUS 640 Week 5 DQ 1 Good Will in Price Bidding • Good Will in Price Bidding. Sometimes, a bidder on a work contract may bid lower than what would maximize his/her profit from the contract and the reason for that is to create goodwill (to increase expected future business from the buyer). How would you value the goodwill that is obtained in this way?

18. BUS 640 Week 5 DQ 2 New Product Introduction • New Product Introduction. Bayer Schering Pharma AG, Germany owns the Alka-Seltzer, which was launched in 1931 and was meant for relief of minor aches, pains, inflammation, fever, headache, heartburn, sour stomach, indigestion, and hangovers. The Alka-Seltzer Plus was a spin-off of the original medicine, meant to relieve colds and flu. • The company has recently introduced a new and improved Alka-Seltzer Plus, as described in the TV ad: “The Cold Truth”, (please, watch the ad listed in the Required Readings)

19. BUS 640 Week 5 Price Quotes and Pricing Decisions Applied Problems (New) • Week 5 Assignment • Price Quotes and Pricing Decisions Applied Problems • Please complete the following two applied problems: • Problem 1: • Jessica Alba, a famous actress, starts the baby and family products business, The Honest Company, with Christopher Gavigan. Alba and Gavigan set up their site so families can choose what kinds of non-toxic, all-natural products they'd like to use and

20. BUS 640 Week 6 DQ 1 Game Theory and Strategic Behavior • Game Theory and Strategic Behavior. Suppose that GE is trying to prevent Maytag from entering the market for high efficiency clothes dryers. Even though high efficiency dryers are more costly to produce, they are also more profitable as they command sufficiently higher prices from consumers. The following payoffs table shows the annual profits for GE and Maytag for the advertising spending and entry decisions that they are facing. • Based on this information, can GE successfully prevent Maytag from entering this market

21. BUS 640 Week 6 DQ 2 Sustainable Competitive Advantage • Sustainable Competitive Advantage. Describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage. What about the situations when a differentiation strategy is chosen? Provide specific real world examples.

22. BUS 640 Week 6 Final Paper (Apple) • We have another set of final paper based on walmart which could be found on this link • http://www.bus640genius.com/product-24-BUS-640-Week-6-Final-Paper-(Wal-mart) • Focus of the Final Paper • Research a specific company of your choice and identify some of the managerial decisions that were made over time and in response to changes in its market or competitive environment. Use the Ashford University Online Library and web-based sources for your research

23. BUS 640 Week 6 Final Paper (Wal-mart) • We have another set of Final Paper based on Apple company, it could be found on this link • http://www.bus640genius.com/product-3-BUS-640-Week-6-Final-Paper-Managerial-Decision-Making • BUS640 Week 6 Paper(Wal-Mart) • Managerial Decision Making Research and Analysis • Research a specific company of your choice and identify some of the managerial decisions that were made over time and in response to changes in its market or competitive environment. Use Ashford University Online library and web-based resources for your research. At least 3 external resources must be used. Address all of the following areas:

24. BUS 640 genius Education Begins/bus640genius.com FOR MORE CLASSES VISIT www.bus640genius.com