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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Chapter Two reflections Every economy encounters economizing problem like how to determine what goods to produced‚ how the goods are produced‚ who consume them‚ how supply and demand of goods are managed‚ and how technology is used to promote the progress of economy resources. Fundamentally‚ two types of economic system are used to combat the economizing problem. An economic system where government owns most resources‚ controls and coordinates most economic activity is the command or communism economy
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Texan chicken is a chain of restaurants in the fast-food industry. The company used a franchising system for the expansion. The reason for the success was the quality of the product. When Texan Chicken went public the share price rose by 120% within a week. Unfortunately the company’s share price has fallen recently by over 80%. The demand for their products is decreasing because the competition is very strong but their products are rather expensive. Moreover‚ they have expanded too fast and now have
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school? Fill one circle only. Yes -- Ó No -- Ó Example 2 is another kind of question you will find in this booklet. Example 2 How often do you do these things? Fill one circle for each line. Every day or almost every day Once or twice a week Once or twice a month Never or almost never a) I listen to music -------------------------b) I talk with my friends ----------------c) I play sports ------------------------------- ÓÍÍÍÍÍÍÍÓÍÍÍÍÍÍÍÓÍÍÍÍÍÍÍÓ ÓÍÍÍÍÍÍÍÓÍÍÍÍÍÍÍÓÍÍÍÍÍÍÍÓ ÓÍÍÍÍÍÍÍÓÍÍÍÍÍÍÍÓÍÍÍÍÍÍÍÓ
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Engagement Analysis – Lopez Vending Company 1. In response to the annual employee survey conducted by Lopez Vending‚ the Cleveland‚ Atlanta and San Diego offices implemented suggestions from their senior managers and initiated pilot program to offer flexible work schedules. (2) The Cleveland‚ Atlanta and San Diego offices implemented suggestions from their senior managers and initiated pilot program to offer flexible work schedules because of the fact that in these regions majority that is
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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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Jason Sparks April 27‚ 2013 IT210/ Wk 6 Conversion Currency Conversion Procedure Currency Conversion Test Procedure Display Menu Declare as Boolean Set = true While = true Display = International Currency Conversion Program Display = Make a Selection Display = International Currency Types Display = Canadian Dollars Display = Mexican Pesos Display = English Pounds Display = Japanese Yen Display = French Francs Display = Quit Display = Enter a Selection Input
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There is COM 537 Week 6 Communication Plan Final Proposal in this pack. Communications - General Communications Write a persuasive proposal submission of no more than 700 words to the CEO of Best Game Productions. Complete the following in your persuasive proposal submission: Describe the project in terms the CEO can understand. Consider the CEO’s perspective‚ needs‚ and style of communication. Usepersuasive communication to convince the CEO to take your suggested approach to solve
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References: 6 Common Mistakes Limo Companies make in Marketing. (2013‚ September 26). Retrieved from http://www.limodigest.com Combs‚ S. (2013‚ September 13). Demographics-Texas In Focus.. Retrieved from http://www.window.state.tx.us/specialrpt/tif/population.html
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