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BUS 640 HOMEWORK Learn by

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BUS 640 All New Assignments


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Week 1
Problem 1:
Agenerousuniversitybenefactorhasagreedtodonatealargeamountofmoneyfor
studentscholarships.Themoneycanbeprovidedinonelumpsumof$12millionin
Year0(thecurrentyear),orinparts,inwhich$7millioncanbeprovidedatthe
endofYear1,andanother$7millioncanbeprovidedattheendofYear2.

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BUS 640 Entire Course


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BUS640Week1DQ1FirmObjectives
BUS640Week1DQ2DecisionMakingUnderUncertainty
BUS640Week1EconomicsofRiskandUncertaintyAppliedProblems
BUS640Week1EconomicsofRiskandUncertaintyAppliedProblems(New)
BUS640Week2DQ1MarginalRateofSubstitution
BUS640Week2DQ2DemandElasticity
BUS640Week2ConsumerDemandAnalysisandEstimationAppliedProblems
BUS640Week2ConsumerDemandAnalysisandEstimationAppliedProblems(New)

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BUS 640 Week 1 DQ 1 Firm Objectives


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FirmObjectives.Whydosomebusinessfirmspursueatriple-bottom-lineoutcome
whileothersfocusonlyonprofitmaximization?Please,usearealcompanyexample
to
illustrateyourpoints

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BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty


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DecisionMakingUnderUncertainty.Tosaveongasolineexpenses,EdithandMathew
agreedtocarpooltogetherfortravelingtoandfromwork.Edithpreferredtotravel
onI-20highwayasitwasusuallythefastest,taking25minutesintheabsenceof
trafficdelays.Mathewpointedoutthattrafficjamsonthehighwaycanleadtolong
delaysmakingthetrip45minutes.HepreferredtotravelalongSheaBoulevard,
whichwaslonger(35minutes),butrarelyhadtrafficjams.

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BUS 640 Week 1 Economics of Risk and Uncertainty Applied Probl


ems (New
)
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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.

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BUS 640 Week 2 Consumer Demand Analysis and Estimation Appli


ed Problems (New
)
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Problem 1:
Patricia is researching venues for a restaurant business. She is evaluating three major
attributes that she considers important in her choice: taste, location, and price. The
value she places on each attribute, however, differs according to what type of
restaurant she is going to start. If she opens a restaurant in a suburban area of Los
Angeles, then taste is the most important attribute, three times as important as
location, and two times as important as price.

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BUS 640 Week 2 DQ 1 Marginal Rate of Substitution


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MarginalRateofSubstitution.Whatisthemarginalrateofsubstitution(MRS)and
whydoesitdiminishastheconsumersubstitutesoneproductforanother?Use
examplestoillustrate

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BUS 640 Week 2 DQ 2 Demand Elasticity


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DemandElasticity.Please,readthearticleHainer,R.(2010),providedintherequired
readingssectionforthisweek.Thetobaccoindustryisaprimeexampletoconsider
whentalkingaboutpriceelasticityofdemand.Whilenicotineusecanbeaddictive
formanyusers,itisnotaddictivefortheso-called"socialsmokers".
Whatcanwesayaboutthepriceelasticityofdemandfornicotineproducts(suchas
cigarettes,pipes,tobacco)inthegroupofnicotineaddictedusers,versusthegroup
of"socialsmokers"?

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BUS 640 Week 3 DQ 1 Relevant Costs


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RelevantCosts.TwopartnersowntogetherasmalllandscapingbusinessinNorth
Carolina,calledSummerLawnCare.Theyhavebeenspecializinginsummergrass
seeding,installation,andmaintenance.Recently,thepartnersacquiredspecial
technologyandknow-howforwintergrassinstallationsandmaintenance.They
alsoaddedatreecuttingserviceasrecentstormsintheareahadcauseddemand
forthisservicetosoar.

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BUS 640 Week 3 DQ 2 Contribution Analysis


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ContributionAnalysis.Explainwhatismeantbycontributionanalysis.Carefully
definethetermandprovideexamplestoillustrateit.

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BUS 640 Week 3 Production Cost Analysis and Estimation Applied


Problems (New
)
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What number of workers appears to be most efficient in terms of pizza product per
worker?
What number of workers appears to minimize the marginal cost of pizza production
assuming that each pizza worker is paid $500 per week?
Why would marginal productivity decline when you hire more workers in the short
run after a certain level?

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BUS 640 Week 4 DQ 1 Strategic Behavior Oligopolies


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Strategic Behavior Oligopolies. An interesting example of strategic behavior comes
from a 1997 article about Microsofts 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 Apples survival and, therefore, to ensure that competitiveness in
the industry remains. Moreover, the partnership with Apple provided an additional
market for Microsofts products the MS Office and the IE products were to be
bundled with the MAC OS as one of the conditions for this financing.

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BUS 640 Week 4 DQ 2 Local Market Power


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LocalMarketPower.

BullsEyedepartmentstorespecializesinthesalesofdiscountedclothing,shoes,
householditems,etc.similartotheofferingsataregularWalmartorTarget.Bulls
EyeistheonlydepartmentstoreinShowLowandthenearestotherdiscount
retailerisTarget,located49milesawayinEagar.BullsEye,therefore,hassome
marketpowerinitslocalarea.Despitehavingsomemarketpower,BullsEyeis
currentlysufferinglosses.

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BUS 640 Week 4 Journal Economics in News


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BUS 640 Week 4 Journal Economics in News.

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BUS 640 Week 4 Market Structures and Pricing Decisions Applied


Problems (New
)
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a. What are the profit-maximizing price and output levels? Explain them and calculate
algebraically for equilibrium P (price) and Q (output). Then, plot the MC (marginal
cost), D (demand), and MR (marginal revenue) curves graphically and illustrate the
equilibrium point.
b. How much economic profit do you expect that Roberts company will make in the
first year?

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BUS 640 Week 5 DQ 1 Good Will in Price Bidding


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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?

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BUS 640 Week 5 DQ 2 New Product Introduction


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New Product Introduction. Bayer Schering Pharma AG, Germany owns the AlkaSeltzer, 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.

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BUS 640 Week 5 Price Quotes and Pricing Decisions Applied Prob
lems (New
)
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You calculate your incremental costs to be $268,000 and your fully allocated costs to
be $440,000. Your usual practice is to add between 60% and 80% to your
incremental costs, depending on capacity utilization rate and other factors. You
expect three other firms to also bid on this contract, and you have assembled the
following competitor intelligence about those companies.

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BUS 640 Week 6 DQ 1 Game Theory and Strategic Behavior


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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.

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BUS 640 Week 6 DQ 2 Sustainable Competitive Advantage


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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.

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BUS 640 Week 6 Final Paper (Apple)


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We have another set of final paper based on walmart which could be found on
this link
http://www.bus640homework.com/product-24-BUS-640-Week-6-Final-Paper-(Wa
l-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 webbased sources for your research.

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BUS 640 Week 6 Final Paper (Wal-mart)


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We have another set of Final Paper based on Apple company, it could be found on
this link
http://www.bus640homework.com/product-3-BUS-640-Week-6-Final-Paper-Manager
ial-Decision-Making
BUS640 Week 6 Paper(Wal-Mart)
Managerial Decision Making Research and Analysis
Researchaspecificcompanyofyourchoiceandidentifysomeofthemanagerial
decisionsthatweremadeovertimeandinresponsetochangesinitsmarketor
competitiveenvironment.UseAshfordUniversityOnlinelibraryandweb-based
resourcesforyourresearch.

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