GENERAL BUSINESS COURSE QUESTION:

Joe and Jill were talking about the role played by the Federal Reserve System in the United States. Joe seemed to be quite well informed about the functions and activities of our central bank. "You see, Jill, the Fed is the main guardian of our nation's economic stability," Joe declared. "In America, we don't want inflation and we don't want recession. To stretch the situation just a bit, we are frightened, absolutely terrified, by thoughts of hyperinflation and depression. So, the Fed maintains the right to alter the situation and protect us from these two monsters. And you ask, how they do that? The answer is the discount rate. That is the device that the Federal Reserve System uses to keep us safe."

Jill was enjoying listening to her friend explain it all. Joe continued, "Now the discount rate is the interest rate that the twelve Federal Reserve Banks around the country charge their member banks on a loan. So, when the discount rate goes up, all interest rates tend to go up. And, happy to say, when interest rates go up all over America, this tends to slow down any inflationary tendencies." Jill asked, "Does the Fed have other tools for stopping inflation?" "No," said Joe.

2) Joe probably can't answer this question, but you can. What happens in the Fed's open market operations?

Describe the new type of company that has evolved as a result of big data.

Carla McFarland was an associate professor of English literature at Highland College. She was the only single person in her department. Consequently, she was frequently assigned classes late in the evening, on weekends, and during the summer semester. She was also called upon to pick up visiting professors and serve as their escort and guide during their stays at the college. She received extra duty as adviser to the The Highland Review, the college's literary magazine. When McFarland complained about the unequal treatment, she was told that the married professors had family responsibilities that she did not have, which took up much of their time and prevented them from having the flexibility that she had. Thus, she would continue to carry the extra load. McFarland filed a complaint with the EEOC.

Can discrimination based on an employee's status as a single person be considered unlawful under the Civil Rights Act? Explain. Is this a case of disparate impact or disparate treatment? Explain. Final answer must be 3 sentences minimum.

See Wilson, Robin. Singular Mistreatment: Unmarried Professors Are Outsiders in the Ozzie and Harriet World of Aca- deme." The Chronicle of Higher Education (23 April 2004): A10-A12

prepare a detailed executive summary of System development life cycle to be distributed to technical and non technical members of the management team,the summary should describe the System Development Life Cycle in detail and provide critical analysis of the tool for the team.

• Two friends are considering launching a small company, which they believe has potential to grow into a large firm in the future. Identify three (3) important factors they should take into consideration when selecting a form of ownership. Next, recommend one (1) form of ownership you believe will best serve the organization now and in the future. Justify your response.
• Identify two (2) key criteria you would use to evaluate different franchise opportunities,

Toyota vehicle recalls At the end of 2009, Toyota Motor Corporation faced three separate related recalls of automobiles. The first recall, on November 2, 2009, was to correct a possible incursion of an incorrect or out-of-place front driver's side floor mat into the foot pedal well. which can cause pedal entrapment. The second recall, on January 21, 2010, begun after some crashes were shown not to have heen caused by floor mat incursion. This latter defect was identified as a possible mechanical sticking of the accelerator pedal causing unintended acceleration, referred to as Sticking Accelerator Pedal by Toyota. As uf January 28, 2010, Toyota had announced recalls of approximately 5.2 million vehieles for the pedal entrapment/ floor mat problem, and an additional 23 million vehicles for the accelerator pedal problem. Approximately 1.7 million vehicles were subject to both. Thus, investigations on such issues started immediately. On February 8, 2011, findings into the investigation were released After a 10-month search, scientists found no clectronic defect in Toyota vehicles. Driver error or pedal misapplication was found responsible for most of the incidents. The report ended stating. "Our conclusion is Tayota's problems were mechanical, not electrical." This included sticking accelerator pedals. and pedals cought under floor mats. In fact, in 2005. Toyota launched the "Customer First" program, to bring the voice of customers in an attempt to improve the quality of its vehicles. But it was quietly discontinued in early 20X19. A Toyota manager justified its elimination by announcing "We had come to believe that quality was maintained mainly in processes and not in products, and no quality at source was applied," Moreover, when implemented coerectly, any impeovement in quality processes can reduce waste and thus lead to reduced cost and improved profitubility. Therefore, Toystu wanted to know that if paying more in increasing the quality of their vehicles, would pay them the benefits they are aiming for, or it would be just another lost investment. but On October 24, 2013, a jury ruled against Toyotu and found that unintended acceleration could have been caused due to deficiencies in the drive-by-wire throttle system or Electronic Throttle Control System (ETCS). 1) What two functional perspective on quality did Toyotan upply? Justify. 2) According to Juran's trilogy quality theory, in which step of the three was the problem? Justify. 3) Which sphere of the three spheres of quality was Toyota facing problem in? Justify? 4) Which point of 14 points of Deming's quality thenry was presented in the above case? Justify.

Design specifications require that a key dimension on a product measure 106 ± 12 units. A process being considered for producing this product has a standard deviation of five units.

a. What can you say (quantitatively) regarding the process capability? Assume that the process is centered with respect to specifications. (Round your answer to 4 decimal places.)

b. Suppose the process average shifts to 98. Calculate the new process capability. (Round your answer to 4 decimal places.)

c. What is the probability of defective output after the process shift? (Use Excel's NORM.S.DIST() function to find the correct probability. Round "z" values to 2 decimal places. Round your answer to 4 decimal places.)

Probability of defective output ?

1. a) What is a best cost provider strategy? Define. Explain how it is different from a cost leadership strategy (2 points).

b) Illustrate both strategies using a publicly-listed company for each strategy (i.e., 1 company for each strategy) within the same industry. Clearly identify the industry and the 2 companies you are discussing and explain how the companies are executing a best cost provider strategy and a cost leadership strategy? (2 points)

McBurger, Inc., wants to redesign its kitchens to improve productivity and quality. Three​ designs, called designs​ K1, K2, and​ K3, are under consideration. No matter which design is​ used, daily production of sandwiches at a typical McBurger restaurant is for

500

sandwiches. A sandwich costs

$1.30

to produce.​ Non-defective sandwiches​ sell, on the​ average, for

$2.50

per sandwich. Defective sandwiches cannot be sold and are scrapped.

The goal is to choose a design that maximizes the expected profit at a typical restaurant over a​ 300-day period. Designs​ K1, K2, and K3 cost

$100,000​,

$130,000​,

and

$180,000​,

respectively.

Under design​ K1, there is a .80 chance that 90 out of each 100 sandwiches are​ non-defective and a .20 chance that 70 out of each 100 sandwiches are​ non-defective. Under design​ K2, there is a .85 chance that 90 out of each 100 sandwiches are​ non-defective and a .15 chance that 75 out of each 100 sandwiches are​ non-defective. Under design​ K3, there is a .90 chance that 95 out of each 100 sandwiches are​ non-defective and a .10 chance that 80 out of each 100 sandwiches are​ non-defective.

The expected profit level of design K1 is

​$nothing.

​(Enter

your response as a real number rounded to two decimal

places.​)

The expected profit level of design K2 is

​$nothing.

​(Enter

your response as a real number rounded to two decimal

places.​)

The expected profit level of design K3 is

​$nothing.

​(Enter

your response as a real number rounded to two decimal

places.​)

What is the expected profit level of the design that achieves the maximum expected​ 300-day profit​ level?

Design

▼

K1

K2

K3

achieves the maximum expected​ 300-day profit​ level, with a profit of

​$nothing.

​(Enter

your response as a real number rounded to two decimal

places.​)

Find the missing values for each company

Feminist Ethics, Ethical Relativism, and Moral Nihilism Which of these three views do you find most appealing, and why? Can you illustrate the appeal of that view by way of a particular example where you think the view provides the right approach?

How could you as a Christian leader foster joy in your home or your workplace?  

A product’s demand over (L+1) periods follows a Poisson distribution with mean 3. What order-up-to level minimizes inventory while achieving at least a 0.99 in-stock probability? Use Poisson table.

3. How is Google using its market power to benefit its Google Shopping platform?

Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a catcher’s model. The firm has 900 hours of production time available in its cutting and sewing department, 300 hours available in its finishing department, and 100 hours available in its packaging and shipping department. The production time requirements and the profit contribution per glove are given in the following table:

Assume that the company is interested in maximizing the total profit contribution.

Let R = number of units of regular model.
      C = number of units of catcher’s model.

It should have: (or least how to do it)

User Interface.

VBA Code to link Model and Interface

VBA Code for Formatting

VBA Code for Error Trapping

Thank you!