1. Choosing Prices to maximize Revenue/Profit: EXAMPLE/ The Village of Oakland Township made an offer to both the Detroit Pistons and the Detroit Lions to relocate. While both teams charged "monopoly prices" for the average ticket to a game at their original suburban locations‚ the Lions did relocate‚ and cut average ticket prices to the Cournot competitive levels. The Pistons’ demand function is given by: QP = 200 - 6PP + 2PL‚ while that of the Lions is given by: QL = 150 + 2PP - 5PL‚ where
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Ch 3 – Strategic Planning for Competitive Advantage Strategic planning: the managerial process of creating and maintaining a fit between the organization’s objectives and resources and the evolving market opportunities. Goal is long-run profitability and growth. Two questions: what is the organization’s main activity at a particular time? How will the organization reach its goals? Achieve strategic planning through a marketing plan. Planning: process of anticipating future events and determining
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7) Data from a small bookstore are shown in the accompanying table. The manager wants to predict Sales from Number of Sales People Working. Number of sales people working | Sales (in $1000) | 4 | 12 | 5 | 13 | 8 | 15 | 10 | 16 | 12 | 20 | 12 | 22 | 14 | 22 | 16 | 25 | 18 | 25 | 20 | 28 | x=11.9 | y=19.8 | SD(x)=5.30 | SD(y)=5.53 | a) Find the slope estimate‚ b1. Use technology or the formula below to find the slope. b1=rsysx Enter x‚y Data in TI-84 under STAT > STAT
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1. When would you expect the composite and social class measure to be superior? Describe the correlation between social status (prestige) and income. Which is a more useful segmentation variable? Discuss. Status is frequently thought of as the relative ranking of members of each social class in terms of specific status factors. For example‚ relative wealth (amount of economic assets)‚ power (the degree of personal choice or influence over others)‚ and prestige (the degree of recognition received
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Computer Simulation & Modeling In-Class Portion of Final Exam (50 points) Dr. Seidman June 10‚ 2010 DIRECTIONS - READ THIS FIRST INTRODUCTION Exam is from 6:00 pm to 9:15 pm. Answer both questions. Total of 50 points. This is an open book‚ open notes‚ and open computers exam. This is an individual exam. No collaboration of any kind is permitted. No network connections
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Final Exam Study Guide The following are broad / general questions that students should be able to answer after having completed this course. Note that these are not specific questions taken from the final exam; these questions are to be used as a guide to judge how well you know the material. (NOTE: Did you notice the specific study strategy that is encouraged by the format of this study guide?) Success in College What are the different types of learning styles? Why can failure be a good thing
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1. (TCO 1) Historical research involves four main tasks. Analyze refers to the task of (Points : 2) | locating primary sources to learn the facts. asking questions like "Who created the source and why?" analyzing all the available primary sources and judging which is the most accurate. distributing the new findings to the world. | 2. (TCO 2) The Big Three were (Points : 2) | Stalin‚ Eisenhower‚ and Churchill. Stalin‚ Hitler‚ and Mussolini.
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The Dakota War of 1862- It was a rebellion by the Lakota’s in Minnesota in 1862 to try and gain lands back lost from land cessions. In a massacre‚ the Dakota managed to kill 500 settlers and Lincoln decided by sending troops from the Civil War to fight the Dakota’s. The Union ended up winning after 6 weeks. 400 were tried and 40 were set to be hung until the missionaries decided to fight for them and had that number reduced to 38‚ the largest hanging in history. Sand Creek Massacre‚ November
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Quiz #3 Name: Jaime A. Hendricks Jr. ASTR 100 Due in your Assignment Folder by 07/14/13 This quiz is worth 8% of Your Grade. You are free to use your textbook‚ notes‚ etc. to answer these questions. If you use any web sources‚ please note these in your responses. 1. Explain three differences between terrestrial and Jovian planets. -Three differences between terrestrial and Jovian planets are first their surfaces. Terrestrial planet’s surface is made of solid and Jovian
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(EHS-12-6D92) Social Studies (SS001) Credits: 1.00 Total Points: 50.0 Result: 35.0 (70.0%) Grade: C Question 1. Questions 1–3 refer to the following information. Points: 1.0 Prices for movie tickets have more than tripled. The major studios have reported record profits year after year. •The movie industry has lost a lot of money. More people have tended to rent movies rather than see them in theaters. So ci al S tu di Movies have become much more expensive to
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