BUS 640 Flashcards

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BUS 640 Complete Class

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BUS 640 Week 1 DQ 1 Firm Objectives
BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty
BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems
BUS 640 Week 2 DQ 1 Marginal Rate of Substitution
BUS 640 Week 2 DQ 2 Demand Elasticity
BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems
BUS 640 Week 3 DQ 1 Relevant Costs
BUS 640 Week 3 DQ 2 Contribution Analysis
BUS 640 Week 3 Production Cost Analysis and Estimation Applied Problems
BUS 640 Week 4 DQ 1 Strategic Behavior Oligopolies
BUS 640 Week 4 DQ 2 Local Market Power
BUS 640 Week 4 Market Structures and Pricing Decisions Applied Problems
BUS 640 Week 4 Journal Economics in News
BUS 640 Week 5 DQ 1 Good Will in Price Bidding
BUS 640 Week 5 DQ 2 New Product Introduction
BUS 640 Week 5 Price Quotes and Pricing Decisions Applied Problems
BUS 640 Week 6 DQ 1 Game Theory and Strategic Behavior
BUS 640 Week 6 DQ 2 Sustainable Competitive Advantage
BUS 640 Week 6 Final Paper Managerial Decision Making
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Complete-Class-Guide

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2
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BUS 640 Week 1 DQ 1 Firm Objectives

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Why do some business firms pursue a triple-bottom-line outcome while others focus only on profit maximization? Please, use a real company example to illustrate your points.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-1-DQ-1-Firm-Objectives

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3
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BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty

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To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work. Edith preferred to travel on I-20 highway as it was usually the fastest, taking 25 minutes in the absence of traffic delays. Mathew pointed out that traffic jams on the highway can lead to long delays making the trip 45 minutes. He preferred to travel along Shea Boulevard, which was longer (35 minutes), but rarely had traffic jams. Edith agreed that in case of traffic jams, Shea Boulevard was a reasonable alternative. Neither of them knows the state of the highway ahead of time.

http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-1-DQ-2-Decision-Making-Under-Uncertainty

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4
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BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems

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Economics of Risk and Uncertainty Applied Problems. Please, complete the following 3 applied problems in a Word or Excel document. Show all your calculations and explain your results. Submit your assignment in the drop box by using the Assignment Submission button.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-1-Economics-of-Risk-and-Uncertainty-Applied-Problems

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5
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BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems

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Consumer Demand Analysis and Estimation Applied Problems. Please, complete the following 3 applied problems in a Word or Excel document. Show all your calculations and explain your results. Submit your assignment in the drop box by using the Assignment Submission button.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-2-Consumer-Demand-Analysis-and-Estimation-Applied-Problems

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6
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BUS 640 Week 2 DQ 1 Marginal Rate of Substitution

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What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitutes one product for another? Use examples to illustrate.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-2-DQ-1-Marginal-Rate-of-Substitution

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7
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BUS 640 Week 2 DQ 2 Demand Elasticity

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Please, read the article Hainer, R. (2010), provided in the required readings section for this week. The tobacco industry is a prime example to consider when talking about price elasticity of demand. While nicotine use can be addictive for many users, it is not addictive for the so-called “social smokers”.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-2-DQ-2-Demand-Elasticity

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8
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BUS 640 Week 3 DQ 1 Relevant Costs

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Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding, installation, and maintenance. Recently, the partners acquired special technology and know-how for winter grass installations and maintenance. They also added a tree cutting service as recent storms in the area had caused demand for this service to soar.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-3-DQ-1-Relevant-Costs

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9
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BUS 640 Week 3 DQ 2 Contribution Analysis

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Explain what is meant by “contribution analysis”. Carefully define the term and provide examples to illustrate it.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-3-DQ-2-Contribution-Analysis

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10
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BUS 640 Week 3 Production Cost Analysis and Estimation Applied Problems

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  1. Jennifer Trucking Company operates a large rig transportation business in Texas that transports locally grown vegetables to San Diego, California. The company owns 5 large rigs and hires local drivers paid fixed salaries monthly, regardless of the number of trips or tons of cargo that each driver transports each month.
    http: //www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-3-Production-Cost-Analysis-and-Estimation-Applied-Problems
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11
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BUS 640 Week 4 DQ 1 Strategic Behavior Oligopolies

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An interesting example of strategic behavior comes from a 1997 article about Microsoft’s 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 Apple’s survival and, therefore, to ensure that competitiveness in the industry remains.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-4-DQ-1-Strategic-Behavior-Oligopolies

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12
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BUS 640 Week 4 DQ 2 Local Market Power

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Bulls Eye department store specializes in the sales of discounted clothing, shoes, household items, etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target, located 49 miles away in Eagar.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-4-DQ-2-Local-Market-Power

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13
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BUS 640 Week 4 Market Structures and Pricing Decisions Applied Problems

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Market Structures and Pricing Decisions Applied Problems. Please, complete the following 2 applied problems in a Word or Excel document. Show all your calculations and explain your results. Submit your assignment in the drop box by using the Assignment Submission button.

http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-4-Market-Structures-and-Pricing-Decisions-Applied-Problems

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14
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BUS 640 Week 5 DQ 1 Good Will in Price Bidding

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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?

http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-5-DQ-1-Good-Will-in-Price-Bidding

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15
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BUS 640 Week 5 DQ 2 New Product Introduction

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Bayer Schering Pharma AG, Germany owns the Alka-Seltzer, 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.
The company has recently introduced a new and improved Alka-Seltzer Plus, as described in the TV ad: “The Cold Truth”, (please, watch the ad listed in the Required Readings).

http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-5-DQ-2-New-Product-Introduction

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16
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BUS 640 Week 5 Price Quotes and Pricing Decisions Applied Problems

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  1. Your organization, Bright Paints, is among a dozen organizations producing a specific reflective paint utilized for traffic signals. The State Department of Transportation has requested tenders to provide 10,000 gallons of blue reflective paint to be supplied in 2 months.
    http: //www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-5-Price-Quotes-and-Pricing-Decisions-Applied-Problems
17
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BUS 640 Week 6 DQ 1 Game Theory and Strategic Behavior

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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.
http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-6-DQ-1-Game-Theory-and-Strategic-Behavior

18
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BUS 640 Week 6 DQ 2 Sustainable Competitive Advantage

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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.

http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-6-DQ-2-Sustainable-Competitive-Advantage

19
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BUS 640 Week 6 Final Paper Managerial Decision Making (Apple)

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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 web-based sources for your research. At least three external scholarly sources must be used. Address all of the following areas:

http://www.homeworkrank.com/BUS-640-ASH/BUS-640-Week-6-Final-Paper-Managerial-Decision-Making