Business and Finance Homework Help
You own two lakes rich in fish. The quantity of fish caught in each lake depends on the number of persons who fish in each, according to
Q1 = 10N1 – 0.1N12 and
Q2 = 16N2 – 0.4N22,
where N1 and N2 denote the number of fishers at each lake. In all, there are N fishers working for you, each of them is paid a wage w, and the price of fish is P.
1. Write down your optimization problem as an optimization problem with a single variable, N1. Hint: find N2 from the formula N = N1 + N2, and replace it in the objective function.
2. Write down the first order condition for this problem. Do not solve the equation yet!
3. The first order condition (which you did not solve yet, right?) implicitly defines the optimal number of fishers in lake 1, N1* as a function of P, w, and N. Use the implicit function theorem to calculate all three partial derivatives of N1*.
4. Solve the first order condition to calculate N1*.
5. Write down and check the second order condition(s).
7. Write the optimization problem you are faced in the previous section (questions 1 5), as a constrained optimization problem with 2 variables.
8. Write down the first order conditions.
9. Write down the second order condition(s) and check whether it/they are satisfied.
10. Find the optimal numbers of fishers in each lake.
On a popular air route, an airline offers two classes of service: business class (B) and economy class (E). The respective inverse demands are given by
PB = 540 – 0.5QB and PE = 380 – QE.
Because of ticketing regulations, business passengers cannot take advantage of economys low fares.
Each flight has a capacity of 200 passengers, The cost per full flight is $20,000, so you may assume the marginal cost per passenger is $100.
11. Write down the optimization problem this airline is faced with. Set it up as an unconstrained optimization problem with two variables.
12. Write down the first order condition(s).
13. Solve the first order condition(s) to find out the optimal number of flights.
14. Write down the second order condition(s) and check whether it/they is/are satisfied.
End of assignment.
Write an Executive Summary (EXSUM) analyze a required case study with a directed focus using one component from the NCO Core Competencies. You will then summarize the case study staying relevant to the directed question from the lesson. The EXSUM will focus on the historical case study, but will be supported by other research conducted to support your findings.
Two Part Project
I am a Jet Engine Quality Inspector. And I need a professional brand paper and a presentation outline, read below.
I have attached my resume to assist with the writing. My goal is to be in a management role one day.
Part One: Understanding Your Brand
Your professional brand should clearly communicate who you are, what you do, why you do it, and what makes you unique. In order to prepare a presentation that effectively communicates those key elements in an engaging way, address all of the prompts and questions below. Providing as much detail in the form of examples, facts, stories, and experiences from your professional career and your personal life can help you best understand and articulate your brand.
Start with why. Why do you do what you do? What motivates you? Why do you want to wake up and go to work at a particular job? For example, do you want to help others? Are you motivated by creativity? Do you want to earn respect and prestige? What problems do you want to solve? Use your Module 4 – Discussion: Communicating Your Body of Work. You shared three major accomplishments and what you felt those experiences had in common. Does this communicate why you do what you do?
Summarize your core “why” in a few sentences. This is your professional brand statement.
Support and evidence. Now that you’ve figured out your core “why,” you must provide support and evidence for your professional brand statement. You must also figure out how to differentiate yourself from your competition.
Answer the following questions:
Define your professional goals. Where do you see yourself professionally in the long-term (10 years from now)? Where do you see yourself in the short-term (next year)? Be sure to include not just the career you want to hold but also detailed information about that career. What is the company like? What is your position like? What are your co-workers or clients like? What is your life like as you work to accomplish your professional goals?
Define your strengths and skills. To achieve your professional goals, you must identify the strengths you possess and the skills you need to continue to build. List your strengths, the skills you’ve developed, and the important adjectives that describe you and your work ethic. Next, define some skills you need to continue to work on in order to achieve career success.
Analyze your target audience. Who do you need to share your professional brand with in order to achieve your professional goals? Is it a specific company? If you want to be your own boss, do you need to share your brand with prospective clients and customers? Conduct a bit of research on what your target audience looks like. What does your target audience need from you?
Analyze your competition. With over 7 billion people in the world, you’re bound to face competition as you work to accomplish your professional goals. What is it that you offer that other people cannot? Conduct a bit of research on your competition. What unique blend of character traits, goals, strengths, skills, and experiences do you possess? How do you stand out from the competition?
You will use the answers to all of these questions to build your Professional Brand Presentation Outline.
Part Two: Communicating Your Brand
Once you’ve developed a clear understanding of your professional brand, it’s time to create a plan to share that brand with a target audience.
Your Professional Brand Presentation outline should include the following key components:
Attention-getter or hook
Professional Brand Statement
How you stand out from the competition
Strengths and skills
Examples, stories, and support for your brand
Clincher or final thought
Be sure to clearly label all of the pieces of your outline.
Analyze what the differences are between a merger, an acquisition and a downsizing.
Summarize why a company selects one option over the other. Assess the role of technology and innovation in your analysis.
Describe the human toll for each of these actions.
For this paper:
Identify your top three strengths from the BetterUp assessment. Explain how you currently use those strengths.
Discuss your strengths, both as identified by the BetterUp assessment and by summarizing what the people that you asked about you responded.
Develop a statement of who you are as a leader, based on your analysis. You may wish to include your purpose, values, strengths, goals, and more. You may also wish to add to your statement who you want to be as a leaderwhat you aspire to. This way, your statement becomes your own vision of who you want to be.
Explain how the live BetterUp coaching experience that you had during this course can help you use your leadership strengths and best self to achieve your professional goals.
Your deliverable is a 23-page business report. Because this is a personal reflection, you may write it in the first person and do not need to cite any supporting references.
Related Company Standards
The Defining Yourself As a Leader business report is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs. In addition to the report, include:
Title page or a heading at the top of the first page with title, date, and your name.
References page (if applicable).
APA-formatted references (if applicable).
You might consider using the following outline:
Introduction. (Tell the reader what this paper is about.)
My Strengths. (Detail your BetterUp-identified strengths and describe how you currently use those strengths.)
Leadership Statement. (Create a statement of who you want to be as a leadermake it aspiring, like an affirmation.)
Conclusion. (Wrap up the paper, mentioning that you had your BetterUp coaching, and describe specific ways how you can use the future BetterUp coaching sessions to lead yourself or others even better.)
Conservative Accounting in the General Products Division
This case was written to motivate an ethical discussion of earnings management activities. The example presented here is different from most of those discussed because the earnings management activities described in the case decrease income. That is, the accounting is conservative. Conservatism makes us conclude the actions are ethical. But arent managers ultraconservative merely because they want to save profits they can turn in a later accounting period if needed.
Do you approve of Roberts actions? Are they smart or stupid from the perspective of the division? From the perspective of the corporation?
Are Roberts actions ethical?
Should Joanne tell anyone of Roberts request?
The year 2000 was a good one for the General Products Division (GPD) of Altman Industries, Inc., a large industrial products manufacturer. Sales and profits in the division were significantly above plan due largely to unexpectedly brisk sales of a new product introduced at the end of 1999. The good fortune induced Robert Standish, the GPD general manager, to think about how he could save some of the profits for periods in which he might need them more. He believed that GPD’s plan for 2001 would be tough to achieve because the corporation as a whole was not doing well, and corporate managers would expect GPD to show growth even above this year’s abnormally high sales and profit levels. And already in September, he was sure that his division’s profit would exceed the level above which no additional bonuses were awarded for higher performance-120% of plan-and he wanted to save some of this year’s profits so that he could report them in a year in which they would augment his bonus and those of his direct reports.
Robert asked his staff to do what they could before the end of the year to “stash some acorns” that he could use in future years. He suggested to Joanne, his controller, that she start preparing the pessimistic scenarios that could be used to justify the creation of additional reserves and start thinking about how expenses could be accelerated and revenues deferred at year-end.
Joanne was uncomfortable. She reminded Robert that among the company accounting policies was a statement that assets and reserves should be fairly reported based on the existing facts and circumstances and not be used to manage income. Furthermore, because of continuing order declines, the company was looking for ways to report higher, not lower, profits in the current year and that if the situation did not turn around quickly, layoffs were threatened.
But Robert explained that GPD would still be reporting very high profits; he just wanted to save a portion of the excess above plan. And in any case, GPD couldn’t help the corporation much because it was so small in comparison with the entire corporation.
Construct a proposal to JGJ Inc. of 1000 words (+/- 50 words) using at least four credible and objective sources not provided as resources in the course in your analysis, plus at least one source provided in the course reading list.
Use the titles in the Market Analysis Report Template to create six sections for this part of the consultants report:
Analysis of Current Pricing Models in the Market
Analysis of Current Promotional Models in the Market
Analysis of Current Distribution Models in the Market
Recommended Pricing Strategy for JGJ Inc.
Recommended Promotional Strategy for JGJ Inc.
Recommended Distribution Strategy for JGJ Inc.
The first three sections require significant quantitative data and will be used to support the three recommendation sections. These analysis sections should provide a solid overview of existing competition with enough specifics from primary competitors to demonstrate a mastery of the market. You will not need to detail every competitor in the market; you should focus on those competitors which will be closest to JGJ Inc. in the positioning matrix and/or those who hold the largest market shares.
You do not need to necessarily use a different strategy than the competition in any of the three recommendation sections, but your recommendations must provide a logical and substantially strong argument for why your set of tactics will be successful. Going head-to-head is very difficult so your combination of tactics must meet the standard that it has a high likelihood of success. You should be creative and use the most current methods and trends to establish differentiation for your target customers.
What steps are required in developing an advertising program? In addition, how should sales promotion decisions be made? Discuss the guidelines for effective brand-building events and experiences.
In addition, journal articles are expected in your review and discussion.
In addition to the discussion post be sure to respond to two other student posts.
Environmental changes may affect positively or negatively the competitive advantage of companies. For example, the COVID-19 pandemic has enhanced the effects of competitive advantage of few companies in KSA.
Select an example from KSA market and explain how the competitive advantage of the company has been enhanced or restrained in era of coronavirus
You have been tasked by the CEO of your company to assess the need for a quality program.
Choose a company not used in previous weeks of the course. ( not GE or Apple)
Write a 2,450- to 3,500-word paper that includes:
A brief overview of this company’s product offering (manufacturing or service)
Detailed description of why a quality program would benefit the company
Explanation of how the Voice of the Customer and Voice of the Market would drive the program
Description of how you would implement this quality program
A list of tools and metrics you would use to ensure success
Explanation of how external quality organizations would aid in determining your company’s quality program
Note: Make sure you support your paper with course concepts and illustrate your mastery of the concepts with real life examples from your company.