Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options for the 3 month break follow: (1) Work full time at a local accounting firm making $2,550 per month. (2) Take a summer class which will cost $800 and work half time making $1,100 per month. (3) Take a class at a cost of $800 and not work at all during the summer.
Elroy’s incremental profit or loss if he chooses option 2 over option 1 would be
Triton Company’s copy department, which does almost all of the photocopying for the sales department and the administrative department, budgets the following costs for the year, based on the expected activity of copies:
Salaries (fixed)
$92,000
Employee benefits (fixed)
10,000
Depreciation of copy machines (fixed)
10,000
Utilities (fixed)
5,000
Paper (variable, 1 cent per copy)
50,000
Toner (variable, 1 cent per copy)
50,000
The costs are assigned to two cost pools, one for fixed and one for variable costs. The costs are then assigned to the sales department and the administrative department. Fixed costs are assigned on a lump-sum basis, 40 percent to sales and 60 percent to administration. The variable costs are assigned at a rate of 2 cents per copy.
Assuming the following copies were made during the year, 2,529,500 for sales and 3,159,250 for administration, calculate the copy department costs allocated to sales.
Mama Italiano Sauce is in the process of preparing a production cost budget for May. The actual costs in April were:
Mama Italian Sauce
Production Cost Budget
April 2008
Production – Jars of sauce
20,000
Ingredient cost (variable)
$16,000
Labor cost (variable)
9,000
Rent (fixed)
4,000
Depreciation (fixed)
6,000
Other (fixed)
1,000
Total
$36,000
Using this information, prepare a budget for May stating the total amount for the May budget. Assume the budget will increase to 24,500 jars of sauce reflecting anticipated sales increase related to a new marketing campaign
Consider the production cost information for Mama Italiano Sauce given below:
Mama Italian Sauce
Production Cost Budget
April 2008
Production – Jars of sauce
20,000
Ingredient cost (variable)
$16,000
Labor cost (variable)
9,000
Rent (fixed)
4,000
Depreciation (fixed)
6,000
Other (fixed)
1,000
Total
$36,000
The company is currently producing and selling jars of sauce The jars of sauce sell for $4 per jar. The company is considering lowering the price to $3.70 per jar. Suppose this action will increase sales. What is the incremental costs associated with producing an extra 70,250 jars of sauce?
Consider the production cost information for Mama Italiano Sauce given below:
Mama Italiano Sauce
Production Cost Budget
April 2008
Production – Jars of sauce
20,000
Ingredient cost (variable)
$16,000
Labor cost (variable)
9,000
Rent (fixed)
4,000
Depreciation (fixed)
6,000
Other (fixed)
1,000
Total
$36,000
The company is currently producing and selling 250,000 jars of sauce annually. The jars of sauce sell for $4 per jar. The company is considering lowering the price to $3.70 per jar. Suppose this action will increase sales to 315,000 jars of sauce. What is the incremental revenue associated with the price reduction of sauce?
Ceradyne projects its factory rent to be $6,000 in August when 8,600 units are expected to be produced. If rent is a fixed cost, and if production is expected to drop to 7,000 units in September, what is the expected cost of rent in September?
Last week you were introduced to the Course Project for this course. Now that the negotiations between you and Mr. Barker are done, you are tasked with the job of drafting the contract that will finalize this deal. For this week, you will get to practice your contract drafting skills by creating a rough draft of a contract for this toy transaction.
Based on the information from the worksheet from last week, you are to build a formal, written contract. You will need to include:
Parties – The names and addresses of all the contracting parties should be clearly stated. You can make these up for this contract.
Dates – List the date that the contract is being entered into.
Definitions and Interpretations – If there are any defined terms in the contract, this section should provide specific and clear definitions.
Payment Provisions – The exact price to be paid for the goods or services provided and the date or dates for payment to be made should be clearly set out. Remember, you want cash and not a check or credit card for this contract.
A specific description of the set of toys should be stated in this section.
Term of contract – The length of the contract should be stated and it should also be noted whether there are any options to continue the contract. This is a contract for this specific instance and should be noted in the contract.
Limitation of liability – This section caps the liability of either party to the contract. For example, Mr. Barker has inspected the set of toys and accepts them “as is.” If he finds a defect with them at a later date, you have no further responsibility to him.
Signature Lines – Provide proper signature and date lines at the conclusion of the contract for both parties.
Besides including the above list and the standard elements of a contract, you are to also include the following clauses into your formal, written contract between you and Mr. Barker:
A Mandated Alternative Dispute clause.
Act of God/ Force Majeure Clause in case the toys are destroyed by a natural disaster.
Uploading last week assigment contract so you can understand whats going on and move forward.
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Answer the following two questions using the question and answer (Q&A) format; in other words, include the original question along with your response.
Within your post, support your responses with information from at least one peer-reviewed/scholarly source (not older than 3-5 years) and provide the full citation at the end. Use APA guidelines to format your references.
What responsibilities does an employer have to ensure a safe and healthy work environment for employees?
What is an example of a program or strategy HR professionals can implement to minimize risk to employees in light of workplace violence?
Book used in course.
Gomez-Mejia, L., Balkin, D., & Cardy, R. (2016). Managing human resources (8th ed.). Upper Saddle River, NJ: Prentice Hall.
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Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the “Assignment Format” page located on the Course Home page for specific format requirements.
Part A
The questions in Part A refer to the material discussed in Lesson 1 of this course. Respond to the following.
Describe the strategic management process. What does it mean to manage strategically?
What are the three types of organizational strategies and how are they different?
The Sarbanes-Oxley Act of 2002 (SOX) has had a significant impact on strategic management practices and strategies. Discuss how the Sarbanes-Oxley Act of 2002 reformed corporate governance.
Part B
The questions in Part B refer to the material discussed in Lesson 2 of this course. Respond to the following.
Compare and contrast the industrial organization (I/O) and resource-based views (RBV) on competitive advantage.
How does each develop a competitive advantage?
What is their focus?
What are their determinants of profitability?
What makes organizational resource-based views unique?
Part C
The questions in Part C refer to the material discussed in Lesson 3 of this course.
In Lesson 2 you discussed the industrial organization (I/O) and resource-based views (RBV) on competitive advantage. You now know that competition and competencies are both major organizational concerns. In Lesson 3 we take a closer look at how to conduct an external analysis of an organization’s specific and general environments.
To demonstrate your understanding of external analysis, respond to the following.
Analyze the two perspectives on the environment.
Explain the primary responsibility of managers in conducting external analysis across managerial levels.
Describe the benefits of conducting an external analysis.
Part D
The questions in Part D refer to the material discussed in Lesson 4 of this course.
As you learned in Lesson 3, performing an external analysis can provide information to be used in planning, decision making, and strategy formulation. Organizations that conduct external analysis are most successfully when they combine this knowledge with a solid understanding of their internal strengths and weaknesses.
To demonstrate your understanding of internal analysis, respond to the following.
Define and present the characteristics of distinctive organizational capabilities.
Outline the steps in the identification of distinctive organizational capabilities.
Describe the criteria involved in judging organizational strengths and weaknesses.
Discuss the internal audit approach and why it is important.
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1. This week you are working on your first Office Memo. This is the first of several office memos you will write in this class, as well as in Part II of this course. As in Week 3, in this Discussion Board, please share with each other (and with me) what you are learning from writing this office memo, what problems you are running in to, and what solutions to those problems you have found. You may also ask me questions about the assignment in this discussion. This way, everyone benefits from the questions and answers. My intent is to have you share information about the process of writing an office memo – how beneficial this is depends in large part on each of you, and how much you participate. 2. In your office memos this week, you must cite both cases and statutes properly using Bluebook format. To that end, you will review the introduction to the Bluebook, found on Page 1, and you will read the Bluepages sections that deal with both case and statute citation. You will also read Rule 10 and Rule 12 in the Bluebook, and you will review Table 1 again. Once you have done that, you will find two cases from your home state and two statutes from your home state, and you will cite them in this forum using proper citation format. (These can be on any topic! Do not use them in the Office Memo in the Assignments tab. They are only to be used in your forum post for citation practice.) What are some differences between the Bluepages and the Rules? Why are they different?
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Primary Task Response: Within the Discussion Board area, write 200–300 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
In this class, you will develop a research proposal based on a business, organizational problem, or topic that you want to explore. If you need help in finding a problem to explore, check the following Web sites for help in brainstorming an organizational issue:
Utilizing the CTU Library, locate one peer reviewed journal article that reports the findings of a qualitative study and one that reports the findings of a quantitative study (you will need to cite both in your response).
Discuss the following:
Explain the differences between the two research approaches.
Explain why each researcher chose the correct research approach (quantitative or qualitative) for their particular research question.
How would you determine what strategy to use for a research project?
Provide citations and references for your articles in accordance with APA guidelines.
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Write a 5 – 6 page paper on some current business-related “world event”. In this paper you are expected to critically analyze this event and discuss its potential impact on globalization and world trade.
This paper must be in APA format with appropriate quotes and references. Include a cover page and a Reference page, neither of which counts toward the 5-6 pages. Please understand that 5 pages is a minimum. The format for this paper and relative weighting towards the assignment grade is as follows:
Review of Situation (15%)
Analysis (25%)
Potential Impact (25%)
Conclusions (20%)
To view the rubric, click on the assignment and then “View Rubric” on the next screen.
It is highly recommended that you organize your paper according to these topics. Writing and following APA formatting will contribute to 15% of the grade.
Note that “Analysis” and “Potential Impact” are weighted most heavily. Understanding why something has occurred and what that means to business – particularly in terms of numbers – are critical skills for MBA students today. Think of how you can quantify the event’s impact on globalization, global trade and/or a specific business or company. Doing your own financial analysis of the event (i.e., do some calculations to show impact) will really help you achieve higher scores on the “Potential Impact” section of your paper. As you know, we want to speak in terms shareholders typically want to hear – metrics that reflect shareholder value. And be sure your paper reflects this.Events involving recent IMF actions, specific company news, economic actions of countries (e.g. China, Germany, the UK, etc.), activities in Africa, and mergers & acquisitions (M&A) news are all example topics. Please do not write a paper on any topics we have already discussed or will discuss in any of the Discussion Boards in this class. You will receive no credit if you do so. Any other news event that will impact global business in some way is acceptable. Please contact me if you have any questions about the appropriateness of the topic you are considering.
No plagiarism!
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“Poverty and Pollution” Please respond to the following”
Read Case 7.2: Poverty and Pollution, located here or on page 267 in your textbook. Next, predict the effects of pollution permits on poor, less-developed areas like Brazil’s “valley of death.” Assess the effectiveness of incentive programs on manufacturers in less-developed areas. Based on your assessment, provide an argument in support of either pollution permits or incentive programs.
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According to the text, there are a number of key trends in the workplace that have significant influences on organizations. HR professionals play a key role in helping organizations respond to evolving trends, comply with federal and state regulations, and manage workplace flexibility. As an HR professional it is important for you to demonstrate your understanding of the ever changing global environment.
Write a five to seven (5-7) page paper in which you:
1.Specify the key functional areas of Human Resources Management. Explore the manner in which each function contributes to the overall performance of an organization. Support your response with specific examples of the activities for which HRM is typically responsible.
2.Examine four (4) federal equal employment opportunity laws. Suggest the primary manner in which each law influences fair employment practices within the organization where you currently work or an organization for which you have worked in the past. Support your response with specific examples of the chosen organization’s employment practices.
3.According to the text, there are three (3) significant trends affecting organizations today: the aging workforce, diversity, and skills deficiencies in the workplace. Analyze the primary manner in which each of these three (3) trends has impacted the organization where you currently work or one (1) where you have worked in the past. Support your response with specific examples of said impact.
4.According to the text, workplace flexibility is essential for organizational success in the rapidly changing world. Explore two (2) ways that the organization where you currently work, or one (1) where you have worked in the past, might respond to the need to be flexible. Provide a rationale for your response.
5.Use at least five (5) quality academic (peer-reviewed) resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
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:
Examine the theoretical constructs of human resource management.
Analyze the external environmental factors that impact human resource policies and procedures.
Use technology and information resources to research issues in human resource management foundations.
Write clearly and concisely about human resource management foundations using proper writing mechanics.
Assignment 1: Trends in the Workplace
Criteria
Unacceptable
Below 70% F
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Specify the key functional areas of Human Resources Management. Explore the manner in which each function contributes to the overall performance of an organization. Support your response with specific examples of the activities for which HRM is typically responsible.
Weight: 20%
Did not submit or incompletely specified the key functional areas of Human Resources Management. Did not submit or incompletely explored the manner in which each function contributes to the overall performance of an organization. Did not submit or incompletely supported your response with specific examples of the activities for which HRM is typically responsible.
Partially specified the key functional areas of Human Resources Management. Partially explored the manner in which each function contributes to the overall performance of an organization. Partially supported your response with specific examples of the activities for which HRM is typically responsible.
Satisfactorily specified the key functional areas of Human Resources Management. Satisfactorily explored the manner in which each function contributes to the overall performance of an organization. Satisfactorily supported your response with specific examples of the activities for which HRM is typically responsible.
Thoroughly specified the key functional areas of Human Resources Management. Thoroughly explored the manner in which each function contributes to the overall performance of an organization. Thoroughly supported your response with specific examples of the activities for which HRM is typically responsible.
2. Examine four (4) key federal equal employment opportunity laws. Suggest the primary manner in which each law influences fair employment practices within the organization where you currently work or an organization for which you have worked in the past. Support your response with specific examples of the chosen organization’s employment practices. Weight: 25%
Did not submit or incompletely examined four (4) key federal equal employment opportunity laws. Did not submit or incompletely suggested the primary manner in which each law influences fair employment practices within the organization where you currently work or an organization for which you have worked in the past. Did not submit or incompletely supported your response with specific examples of the chosen organization’s employment practices.
Partially examined four (4) key federal equal employment opportunity laws. Partially suggested the primary manner in which each law influences fair employment practices within the organization where you currently work or an organization for which you have worked in the past. Partially supported your response with specific examples of the chosen organization’s employment practices.
Satisfactorily examined four (4) key federal equal employment opportunity laws. Satisfactorily suggested the primary manner in which each law influences fair employment practices within the organization where you currently work or an organization for which you have worked in the past. Satisfactorily supported your response with specific examples of the chosen organization’s employment practices.
Thoroughly examined four (4) key federal equal employment opportunity laws. Thoroughly suggested the primary manner in which each law influences fair employment practices within the organization where you currently work or an organization for which you have worked in the past. Thoroughly supported your response with specific examples of the chosen organization’s employment practices.
3. Analyze the significant manner in which each of these three (3) trends has impacted the organization where you currently work or one (1) where you have worked in the past. Support your response with specific examples of said impact.
Weight: 25%
Did not submit or incompletely analyzed the significant manner in which each of these three (3) trends has impacted the organization where you currently work or one (1) where you have worked in the past. Did not submit or incompletely supported your response with specific examples of said impact.
Partially analyzed the significant manner in which each of these three (3) trends has impacted the organization where you currently work or one (1) where you have worked in the past. Partially supported your response with specific examples of said impact.
Satisfactorily analyzed the significant manner in which each of these three (3) trends has impacted the organization where you currently work or one (1) where you have worked in the past. Satisfactorily supported your response with specific examples of said impact.
Thoroughly analyzed the significant manner in which each of these three (3) trends has impacted the organization where you currently work or one (1) where you have worked in the past. Thoroughly supported your response with specific examples of said impact.
4. Explore two (2) ways that the organization where you currently work, or one (1) where you have worked in the past, might respond to the need to be flexible. Provide a rationale for your response.
Weight: 15%
Did not submit or incompletely explored two (2) ways that the organization where you currently work, or one (1) where you have worked in the past, might respond to the need to be flexible. Did not submit or incompletely provided a rationale for your response.
Partially explored two (2) ways that the organization where you currently work, or one (1) where you have worked in the past, might respond to the need to be flexible. Partially provided a rationale for your response.
Satisfactorily explored two (2) ways that the organization where you currently work, or one (1) where you have worked in the past, might respond to the need to be flexible. Satisfactorily provided a rationale for your response
Thoroughly explored two (2) ways that the organization where you currently work, or one (1) where you have worked in the past, might respond to the need to be flexible. Thoroughly provided a rationale for your response
5. 5 references
Weight: 5%
No references provided
Does not meet the required number of references; some or all references poor quality choices.
Meets number of required references; all references high quality choices.
Exceeds number of required references; all references high quality choices.
6. Clarity, writing mechanics, and formatting requirements
Weight: 10%
More than 6 errors present
5-6 errors present
3-4 errors present
0-2 errors present
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Prepare a 1,400- to 1,750-word paper in which you conduct a political, legal, cultural, financial, and ethical risk analysis for your selected global business venture.
Analyze the following elements in your paper:
Political, legal, and regulatory risks
Exchange and currency risks
Competitive risk assessment
Taxation and double taxation risks
Social, Ethical and cultural risks
Cyber or technology risks
Tariff and nontariff barriers
Roles of international financial institutions (e.g. IMF, World Bank, ADB, etc.)
Describe the country specific risks andhow you would manage these risks.
Summarize your strategic planning process:
Define and clarify mission and objectives
Assess the role of marketing in your product or service
SWOTT or PESTEL analysis of target country
Make strategy selection(s)
Select and justify an appropriate mode of entry for your global product or service
Devise contingency plan
Format your paper consistent with APA guidelines.
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