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US 640 Course Career Path
egins /bus640dotcom
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2/24
US 640 Entire Course
• BUS 640 Week 1 DQ 1 irm !b"ecti#esBUS 640 Week 1 DQ $ Decision %aking Under Uncertaint&BUS 640 Week 1 Economics o' (isk and Uncertaint& )**+ied Prob+emsBUS 640 Week $ DQ 1 %argina+ (ate o' SubstitutionBUS 640 Week $ DQ $ Demand E+asticit&BUS 640 Week $ Consumer Demand )na+&sis and Estimation )**+ied Prob+emsBUS 640 Week , DQ 1 (e+e#ant CostsBUS 640 Week , DQ $ Contribution )na+&sis
BUS 640 Week , Production Cost )na+&sis and Estimation )**+ied Prob+emsBUS 640 Week 4 DQ 1 Strategic Beha#ior !+igo*o+ies
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
3/24
US 640 )++ -e. )ssignment
s
•Week 1
•Prob+em 1 ) generous uni#ersit& bene'actor has agreed to donate
a +arge amount o' mone& 'or student scho+arshi*s hemone& can be *ro#ided in one +um* sum o' 21$ mi++ionin 3ear 0 the current &ear5 or in *arts in .hich 27 mi++ion can be *ro#ided at the end o' 3ear 1 and another 27mi++ion can be *ro#ided at the end o' 3ear $
Describe &our ans.er 'or each item be+o. in com*+ete sentences .hene#er it is necessar& Sho. a++ o' &our ca+cu+ations and *rocesses 'or the 'o++o.ing *oints
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
4/24
US 640 Week 1 DQ 1 irm !
b"ecti#es
• irm !b"ecti#es Wh& do some business 'irms *ursue a tri*+e8bottom8+ine outcome .hi+e others 'ocus on+& on *ro'it ma9imi:ation; P+ease use a rea+ com*an& e9am*+e to i++ustrate &our *oints
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
5/24
US 640 Week 1 DQ $ Decisio
n %aking Under Uncertaint&
• Decision %aking Under Uncertaint& o sa#e on gaso+ine e9*ensesEdith and %athe. agreed to car*oo+ together 'or tra#e+ing to and ' rom .ork Edith *re'erred to tra#e+ on
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
6/24
U Wee 1 Econom cs o
' (isk and Uncertaint& )**+ie
d Prob+ems -e.5
• BUS640 .eek 1 )ssignment
• Prob+em 1) generous uni#ersit& bene'actor has agreed to donate a +arge amount o' mone& 'or student scho+arshi*s he mone& can be *ro#id
ed in one +um* sum o' 21$ mi++ion in 3ear 0 the current &ear5 or in *arts in .hich 27 mi++ion can be *ro#ided at the end o' 3ear 1 and another 27 mi++ion can be *ro#ided at the end o' 3ear $
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
7/24
U Wee onsumer D
emand )na+&sis and Estimati
on )**+ied Prob+ems -e.5
• We ha#e another Set 4o+d one5 o' Week $ )ssignment 4But .ith di'' erent descri*tion6 #a+ues56 it can be 'ound on this +ink
• htt*//...bus640com/*roduct8168BUS86408Week8$8Consumer8De
mand8)na+&sis8and8Estimation8)**+ied8Prob+ems•
Week $ )ssignment• Consumer Demand )na+&sis and Estimation )**+ied Prob+ems
P+ease com*+ete the 'o++o.ing t.o a**+ied *rob+emsProb+em 1/ Patricia is researching #enues 'or a restaurant business She is e#a+
uating three ma"or attributes that she considers im*ortant in her choice taste +ocation and *rice he #a+ue she *+aces on each attribute ho.e#er di''ers
http://www.bus640.com/product-16-BUS-640-Week-2-Consumer-Demand-Analysis-and-Estimation-Applied-Problemshttp://www.bus640.com/product-16-BUS-640-Week-2-Consumer-Demand-Analysis-and-Estimation-Applied-Problemshttp://www.bus640.com/product-16-BUS-640-Week-2-Consumer-Demand-Analysis-and-Estimation-Applied-Problemshttp://www.bus640.com/product-16-BUS-640-Week-2-Consumer-Demand-Analysis-and-Estimation-Applied-Problems
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
8/24
US 640 Week $ DQ 1 %argin
a+ (ate o' Substitution
• %argina+ (ate o' Substitution What is the margina+ rate o' substitution %(S5 and .h& does it diminish as the consumer substitutes one *roduct 'or another; Use e9am*+es to i++ustrate
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
9/24
US 640 Week $ DQ $ Deman
d E+asticit&
• Demand E+asticit& P+ease read the artic+e >ainer ( $0105 *ro#ided in the re@uired readings section 'or this .eek he tobacco industr& is a *rime e9am*+e to consider .hen ta+king about *rice e+asticit& o' demand Whi+e nicotine use can be addicti#e 'or man& users it is not addicti#e 'or the so8ca++ed Asocia+ smokersA
• What can .e sa& about the *rice e+asticit& o' demand 'or nicotine*roducts such as cigarettes *i*es tobacco5 in the grou* o' nicotine addicted users #ersus the grou* o' Asocia+ smokersA; Can .e sa&.hose demand is +ike+& to be more e+astic; Wh&;
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
10/24
US 640 Week , DQ 1 (e+e#a
nt Costs
• (e+e#ant Costs .o *artners o.n together a sma++ +andsca*ing business in -orth Caro+ina ca++ed Summer a.n Care he& ha#e been s*ecia+i:ing in summer grass seeding insta++ation and maintenance (ecent+& the *artners ac@uired s*ecia+ techno+og& and kno.8ho. 'or .inter grass insta++ations and maintenance he& a+so added a tree cutting ser#ice as recent storms in the area had caused demand 'or this ser#ice to soar !ne o' the *artners insists that thename o' the business shou+d change to a.n and ree Care so that it better re'+ects the range o' ser#ices and thus generates more customer interest and thus contracts he second *artner .ants to
kee* the o+d name and argues We ha#e a+read& *aid 'or businesscards #ehic+e *aint signage and ads in 3e++o. Pages E#a+uate thearguments o' the t.o *artners E9*+ain and i++ustrate their *oints b& identi'&ing the re+e#ant and irre+e#ant costs 'or this decision
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
11/24
US 640 Week , DQ $ Contri
bution )na+&sis
• Contribution )na+&sis E9*+ain .hat is meant b& contribution ana+&sis Care'u++& de'ine the term and *ro#ide e9am*+es to i++ustrate it
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
12/24
U Wee Pro uct on
Cost )na+&sis and Estimation
)**+ied Prob+ems -e.5
• We ha#e another Set o+d one5 o' Week , )ssignment But .ith di'' erent descri*tion #a+ues5 it can be 'ound on this +ink
• Production Cost )na+&sis and Estimation )**+ied Prob+emsP+ease com*+ete the 'o++o.ing t.o a**+ied *rob+ems
Prob+em 1/
Wi++iam is the o.ner o' a sma++ *i::a sho* and is thinking o' increasing *roducts and +o.ering costs Wi++iams *i::a sho* o.ns 'our o#ens and the cost o' the 'our o#ens is 21000 Each .orker is *aid 2
=00 *er .eek
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
13/24
US 640 Week 4 DQ 1 Strateg
ic eha#ior !+igo*o+ies
• Strategic Beha#ior !+igo*o+ies )n interesting e9am*+e o' strategicbeha#ior comes 'rom a 1FF7 artic+e about %icroso'ts in#estment in )**+e -e. Straits imes 1FF75 he artic+e is inc+uded in the (e@uired (eadings +ist acing tough anti8trust scrutin& 'rom go#ernment agencies %icroso't *ro#ided 'inancia+ su**ort to )**+e in orderto ensure )**+es sur#i#a+ and there'ore to ensure that com*etiti#eness in the industr& remains %oreo#er the *artnershi* .ith )**+e *ro#ided an additiona+ market 'or %icroso'ts *roducts G the %S!''ice and the
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
14/24
US 640 Week 4 DQ $ Boca+
%arket Po.er
• oca+ %arket Po.er Bu++s E&e de*artment store s*ecia+i:es in the sa+es o' discounted c+othing shoes househo+d items etc simi+ar tothe o''erings at a regu+ar Wa+mart or arget Bu++s E&e is the on+& de*artment store in Sho. o. and the nearest other discount retai+er is arget +ocated 4F mi+es a.a& in Eagar Bu++s E&e there'ore has some market *o.er in its +oca+ area Des*ite ha#ing some market*o.er Bu++s E&e is current+& su''ering +osses )n ana+&st at Bu++s E&e is recommending to the manager to raise *rices so that *ro'itabi+it& can be im*ro#ed he manager is unsure o' this strateg& as recent data *oints to increasing numbers o' indi#idua+s sho**ing mor
e and more What are the *ros and cons o' raising the *rices at Bu++s E&e and .ou+d that strateg& be *ro'itab+e;
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
15/24
US 640 Week 4 Hourna+ Econ
omics in -e.s
• BUS 640 Week 4 Hourna+ Economics in -e.s
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
16/24
U Wee %ar et truc
tures and Pricing Decisions )
**+ied Prob+ems -e.5
• %arket Structures and Pricing Decisions )**+ied Prob+emsP+ease com*+ete the 'o++o.ing t.o a**+ied *rob+emsProb+em 1
(oberts -e. Wa& Iacuum C+eaner Com*an& is a ne.+& starte
d sma++ business that
*roduces #acuum c+eaners and be+ongs to a mono*o+istica++&
com*etiti#e market
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
17/24
US 640 Week = DQ 1 Lood
Wi++ in Price idding
• Lood Wi++ in Price Bidding Sometimes a bidder on a .ork contractma& bid +o.er than .hat .ou+d ma9imi:e his/her *ro'it 'rom the contract and the reason 'or that is to create good.i++ to increase e9*ected 'uture business 'rom the bu&er5 >o. .ou+d &ou #a+ue thegood.i++ that is obtained in this .a&;
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
18/24
US 640 Week = DQ $ -e. Pr
oduct
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
19/24
U Wee = Pr ce uotes
and Pricing Decisions )**+ie
d Prob+ems -e.5
•
• We ha#e another Set 4o+d one5 o' Week = )ssignment 4But .ith di'' erent descri*tion6 #a+ues56 it can be 'ound on this +ink
• htt*//...bus640com/*roduct868BUS86408Week8=8Price8Quotes8a
nd8Pricing8Decisions8)**+ied8Prob+ems• Week = )ssignment
• Price Quotes and Pricing Decisions )**+ied Prob+ems
P+ease com*+ete the 'o++o.ing t.o a**+ied *rob+ems
Prob+em 1/
http://www.bus640.com/product-6-BUS-640-Week-5-Price-Quotes-and-Pricing-Decisions-Applied-Problemshttp://www.bus640.com/product-6-BUS-640-Week-5-Price-Quotes-and-Pricing-Decisions-Applied-Problemshttp://www.bus640.com/product-6-BUS-640-Week-5-Price-Quotes-and-Pricing-Decisions-Applied-Problemshttp://www.bus640.com/product-6-BUS-640-Week-5-Price-Quotes-and-Pricing-Decisions-Applied-Problems
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
20/24
U Wee D 1 ame
heor& and Strategic eha#io
r
• Lame heor& and Strategic Beha#ior Su**ose that LE is tr&ing to *re#ent %a&tag 'rom entering the market 'or high e''icienc& c+othesdr&ers E#en though high e''icienc& dr&ers are more cost+& to *roduce the& are a+so more *ro'itab+e as the& command su''icient+& higher *rices 'rom consumers he 'o++o.ing *a&o''s tab+e sho.s the
annua+ *ro'its 'or LE and %a&tag 'or the ad#ertising s*ending andentr& decisions that the& are 'acing
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
21/24
US 640 Week 6 DQ $ Sustai
nab+e Com*etiti#e )d#antage
• Sustainab+e Com*etiti#e )d#antage Describe the circumstances under .hich a 'irm chooses a +o.8cost strateg& to attain sustainab+e com*etiti#e ad#antage What about the situations .hen a di''erentiation strateg& is chosen; Pro#ide s*eci'ic rea+ .or+d e9am*+es
•
•
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
22/24
US 640 Week 6 ina+ Pa*er
)**+e5
• htt*//...bus640com/*roduct8$48BUS86408Week868ina+8Pa*er8
Wa+8mart5•
• ocus o' the ina+ Pa*er
•
(esearch a s*eci'ic com*an& o' &our choice and identi'& some o' the manageria+ decisions that .ere made o#er time and in res*onse to changes in its market or com*etiti#e en#ironment Use the )sh'ord Uni#ersit& !n+ine ibrar& and .eb8based sources 'or &our research )t +east three e9terna+ scho+ar+& sources must be used )ddress a++ o' the 'o++o.ing areas
http://www.bus640.com/product-24-BUS-640-Week-6-Final-Paper-(Wal-mart)http://www.bus640.com/product-24-BUS-640-Week-6-Final-Paper-(Wal-mart)http://www.bus640.com/product-24-BUS-640-Week-6-Final-Paper-(Wal-mart)http://www.bus640.com/product-24-BUS-640-Week-6-Final-Paper-(Wal-mart)
8/17/2019 BUS 640 Course Career Path Begins Bus640dotcom
23/24
US 640 Week 6 ina+ Pa*er
Wa+8mart5
•We ha#e an ther set ' ina+ Pa*er based n )**+e c m* an&6
i t c u +d be ' und n th is + ink
• htt*//...bus640com/*roduct8,8BUS86408Week868ina+8Pa*er8%a
nageria+8Decision8%aking•
US640 Week 6 Pa*erWa+8%art5
•%anageria+ Decision %aking (esearch and )na+&sis
(esearch a s*eci'ic com*an& o' &our choice and identi'& some o' the manageria+ decisions that .ere made o#er time and in res*onse to changes in its market or com*etiti#e en#ironment Use )sh'ord Uni#ersit& !n+ine +ibrar& and .eb8based resources 'or &our research )t +east , e9terna+ resources must be used )ddress a++ o' the ' o++o.ing areas
http://www.bus640.com/product-3-BUS-640-Week-6-Final-Paper-Managerial-Decision-Makinghttp://www.bus640.com/product-3-BUS-640-Week-6-Final-Paper-Managerial-Decision-Makinghttp://www.bus640.com/product-3-BUS-640-Week-6-Final-Paper-Managerial-Decision-Makinghttp://www.bus640.com/product-3-BUS-640-Week-6-Final-Paper-Managerial-Decision-Making
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US 640 Course Career Path
egins /bus640dotcomFOR MORE CLASSES VISIT
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