Understanding business The business related laws in the United States intend to foster free‚ fair‚ balanced and effective business practices. Laws protecting consumers in the United States disallow unfair‚ deceptive and anti-competitive business practices. Despite significant legislative differences from one state to another‚ a major premise is that deceptive and unfair business practices are unethical and inappropriate (Cartewr‚ 2009). These laws constitute critical legal underpinnings for ethical
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ECON 4081 Problem Set Two 1 Money Supply = m x Monetary base m = (1+cr)/(cr + rr) a. cr = 1; rr = 0; MS1 = $1000 (2/1) = $2000 b. cr = 0; rr = 1; MS2 = $1000 (1/1) = $1000 c. cr = 0; rr = 0.2; MS3 = $1000 (1/0.2) = $5000 d. cr = 1; rr = 0.2; MS4 = $500 (2/1.2)= $5000/3 = 1666.67 e. Expected Money Supply = (1+10%) Money Supply a: MS’ = 1.1 MS = $2200‚ $2200 = 2 Monetary base’; Monetary base’ = $1100‚so monetary base should increase $100; b: MS’ = 1.1 MS = $1100‚ $1100 = Monetary
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Statistics – Lab #6 Name:_______________________ Statistical Concepts: • Data Simulation • Discrete Probability Distribution • Confidence Intervals Calculations for a set of variables Open the class survey results that were entered into the MINITAB worksheet. We want to calculate the mean for the 10 rolls of the die for each student in the class. Label the column next to die10 in the Worksheet with the word mean. Pull up Calc > Row Statistics and select the radio-button corresponding
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|Eco Schools: An International Initiative for a Sustainable Environment | | | |Eco-Schools is an international programme for environmental education‚ management and certification that aims to raise students’ awareness
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Question 1: If you were one of the winners‚ which option would you select? Why? Answer 1: Lottery Prize = $ 181‚500‚000 as 2 winner for 363 million jackpot. To decide the best option‚ we will compare the Present value of cash flow in both options. Taxes are ignored‚ as they will be applied in both the options. Option A: Lump-Sum/Cash-option payment: Lottery will pay 50% of published value‚ if cash option is selected and federal Cash before taxes = 181‚500‚00 * 0.50 = $90‚750‚000 Option B:
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Interest rates is the percentage that is adding to principal amount being borrowed. Our economy has businesses that are started by investors that have capitol to lend for a cost. Businesses need to lease buildings‚ buy products to have on hand‚ and pay staff to operate the business. Small businesses have more short-term interest rates that are more appealing to investors to stand behind with less risk. It depends on how the economy views the uncertainties that will determine how they will react to
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Content Introduction 1. Definition of ecotourism 2. The Advantages of Eco-tourism 3. The Disadvantages of Eco-tourism Conclusion Sources Introduction Ecotourism is defined as responsible travel to natural areas that protect the environment and improve the welfare of local people (International Ecotourism Society (TIES)‚ 2005). It also follow certain principles such as minimize impact‚ build environmental and cultural respect‚ provide financial benefits to local people. Global
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Business economics assignment Part A 1. Many firms have similar cost structures‚ it might be possible to predict the prices of other competing organizations. Also cost plus pricing is simple to compute. Markup= (price-cost)/ cost price= cost (1+markup) P= Lab+ Mat+ Mkt+ F/Q+Z*A/Q Q: planned output A: gross operating assets Z: desired profit rate MR=P/ (1+1/Z) if firm is maximizing profit: MC=MR=P/ (1+1/Z) P= MC* [1/ (1+ 1/Z)] So profit maximizing price is a mark up on marginal
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Financial Statement Review What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors? Walmarts net income for the current fiscal year is $27‚801 million. Last year net income increased from the following years 2012 net income of $26‚558 million. Walmart has had an continuous increase in net income from the year 2009. Year Net Income Percentage 2009 22‚767 100 2010 24‚002 105 2011
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Tutorial 5 Suggested answers of the tutorial questions EXERCISE 15.31 Customer response time 1 Date March April Days taken Action 10 LO’s order received by sales department 0 0 14 Order forwarded to manufacturing department 4 4 28 Fabric received from supplier 14 18 8 26 5 Manufacturing commenced 16 Manufacturing completed and order sent to warehouse 30 Order delivered to customer 11 14 Total customer response time 2 3 Cumulative days Order receipt time (days) Waiting
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