What are the Information systems used by Canadian Tire?
In: Economics
In: Economics
In: Economics
Sonic Goes Mobile
Sonic Drive-In has recently reviewed information for a number
of surveys involving various types of product evaluations.
All
the surveys were completed online with customers recruited
from their proprietary panel. In addition to the actual
survey
data and other information, the online interviewing system
captures the browser that the respondent used to complete
the survey. Analyzing the “browser used” data, Sonic has
observed a slow but steady increase in the number of indi-
viduals completing the survey on mobile browsers, including
tablets and smartphones. The most recent results show a big
jump in this percentage from a year ago, with an average of
nearly 30 percent of the more recent surveys completed on
mobile browsers.
Several managers have attempted completing some of these
surveys using their own tablets and smartphones. They like
the
idea that using these platforms increase the options for the
con-
sumer and that these devices permit consumers to take the
sur-
veys at times and in places when and where they previously
could
not. However, their experiences in testing the surveys on
their
mobile devices have suggested that they may need to change
the
way they design questionnaires to accommodate smartphones
and tablets.
Questions
1. What are the impediments and difficulties associated with
completing surveys on mobile devices?
2. What changes does Sonic need to make in its survey designs
to take advantage of these new survey platforms?
3. What about mixing survey results taken on laptop comput-
ers and those taken on mobile devices? What cautions, if
any, would you have?
4. Might the inclusion of mobile devices, along with laptops
and desktops, improve the quality of the sample? Why do
you say that?
In: Economics
ROLE-PLAY EXERCISE On Command Corporation PROCESS You have been assigned a role in the On Command Corporation case. Please read the general information (Introduction) about the case. Read and understand your role. Your teammates have different roles. Due the situation, you need to work with your team to produce an employee meeting, you have 15 minutes to present the statement and conduct the meeting – see the link attached with information about an employee meeting (you need to create a statements, be prepare for questions, and defend your organization). Key Issues Sexual harassment Employee retaliation Appropriateness of product This role-play was developed by Mark Arvizu, Ira Baeringer, Mark Hess, Kelley Hoven, Bill Speights, and Jennifer Sawayda for and under the direction of O.C. and Linda Ferrell. © 2015 On Command Corporation Background (Everyone reads.) On Command Corporation (OCC) is a world-leading provider of interactive in-room entertainment, information, and business services to the lodging industry. The company annually serves more than 250 million guests through 950,000 rooms in approximately 3,450 hotel properties. OCC provides on-demand and, in some cases, scheduled in-room television viewing of major motion pictures and independent non-rated motion pictures for mature audiences, for which guests pay on a pay-per-view basis. Depending on the type of platform installed and the size of the hotel, guests can choose up to 50 different movies with an on-demand system, or eight to 12 movies with a scheduled system. In addition to pay-per-view movies, OCC offers other services such as short subjects (such as yoga and sporting packages), Internet services, music, game services, and other hotel and guest services. OCC obtains the non-exclusive rights to show recently released motion pictures from major motion picture studios during the time period after the initial theatrical release and before home video or cable distribution. The company also contracts with a variety of other vendors and distributors of in-room entertainment for the other products it sells to hotels and guests. OCC negotiates contracts with major hotel chains and individual hotels that involve agreement on the type and extent of movies and services that are offered. Programming choices are key for OCC to differentiate itself from competitors. As guests order movies, they are shown in their rooms and then appear on their bill at check-out. Depending on the contract with the hotel, it may receive some of the profits from the movie ordered. The PS4 games are the least profitable, while adult films are by far the most profitable. Although not disclosed directly, most of the company’s revenues are from adult movies. In fact, some analysts estimate that up to 80 percent of the revenues OCC generates are from its adult movie business. A new management team has come to On Command and is evaluating the company’s strategy and business plan. Although the company has been around for 10 years with 2014 revenues of $262 million, it still has yet to become profitable. Three recent events have re-kindled discussion about the true nature of the company’s products, as well as potential ethical issues. The first situation arose when several female employees complained to their superiors about feeling uncomfortable in the presence of a certain male colleague, Ted Jones, because of what they say are “lewd” remarks about women. Ted Jones is the senior adult film editor whose job it is to edit adult films to reduce graphic sexual content. When approached about his actions, Ted defended himself by denying the allegations. Due to lack of concrete proof, Ted was given a warning and the women who filed the complaint were told just to avoid Ted whenever possible. However, more complaints have surfaced, and the human resources department has decided to conduct an investigation. The second issue arose from a complaint filed by another female employee, Donna Wilson, working as an administrative assistant. She threated to file suit against the company because of the way she was treated. She was personally offended by the content of the adult movies. Although she had signed a document that clearly stated the nature of the videos available for viewing in her office upon her hire, she protested and said that the adult portion of the OCC product line should not be viewable in any of the corporate offices because it was sexually offensive, degraded women, and promoted sexual harassment in the workplace. She also insisted that the true extent of the sexual content was not explained to her when she signed the agreement. After hearing her complaint, her supervisor informed her of the release she had signed and also told her she had the clear choice not to work there. Since that time, Donna alleges, she claims she overheard her supervisor telling other workers to shun her at work because she was a troublemaker who refused to be a team player. She has also been cut out of meetings and claims the supervisor is constantly cutting her down in front of her colleagues. Finally, it has recently come to management’s attention that there has been a drop in revenue due to the deliberate refusal of many hotels to offer the adult film products as they would conflict with their quality, “family-friendly” image. The increase is this type of product censorship has led to a drop in revenue for OCC. At a recent meeting at Liberty Media (OCC’s parent company), several questions were raised about the ethical nature of OCC’s primary revenue source. Questions such as these were presented during the discussion regarding what to do with struggling OCC. A big question is whether it was masquerading as an entertainment company with many different product offerings to mask the fact that it is really in the adult movie business. Management is not sure whether it would be wise to disclose where most of its revenue comes from. Also, is the nature of how the company handles the editing of adult films internally encouraging sexual harassment and retaliation of female employees? The management team decided to develop a business strategy they could use going forward. AND I AM Pam Stone – General Counsel You joined OCC at the same time Chris Smith did. You both came from another subsidiary of Liberty Media, the parent company of OCC and several other entertainment type companies. Your specialty is more in the contract and merger and acquisition area. However, you have been dealing with a tremendous amount of employment-related issues. The human resources department has been significantly cut, meaning that you must often work in close proximity with Don Randall, the human resource manager. Chris has made you aware that all of the offices contain televisions, and employees have the same access as hotel guests. This includes the adult films. You have recently begun to research charges brought up by Ms. Wilson. You feel that adult movies should not be watched in the workplace unless they are being edited or viewed for possible selection. You learn that many employees frequently watch adult content in their offices, although most claim they do so during their break time. OCC has about 300 employees in the field who work directly with hotels to install the product as well as perform updates to products. Unfortunately, the system OCC currently uses does not allow for updates to be done electronically. The field service employees see the adult films during the updating process. OCC also manufactures its own “box” that allows the pay per systems to operate. As part of the testing process, the manufacturing employees must test each line of products by watching to make sure they work properly regular cable, short subjects, games, and adult films. The human resource manager Don Randall has provided you with waivers and disclaimers that all employees sign upon hire indicating that they may be exposed to adult film content during their employment. However, Ms. Wilson’s claims have gone beyond simply being offended. Now she is claiming that her supervisor has begun retaliating against her because she complained. This could certainly be grounds for a lawsuit if not handled properly. Don Randall has also asked you for assistance in handling some potential sexual harassment allegations he has heard. Since you came to OCC, you have been responsible for collecting and providing due diligence to an outside law firm to review for a possible merger and/or sale. You were intimately involved in the contract to secure an additional $60 million investment from Liberty Media. You have also been involved in many of the discussions with Chris Smith and executive VP and CFO Bill Moore as to what the company strategy needs to be.
case presentations what can be my answer for this case if I am the general counsel
it could be 1 or 2 slide it does not matter thank in advance
In: Economics
In: Economics
In: Economics
IBEX has hired you to analyze demand in 25 regional markets for a new Product Y, called Angelica Pickles. A statistical analysis of the demand in these markets shows (standard errors in parentheses):
QY = 250 - 10P + 6PX + 0.25A + 0.04I (100) (3) (2) (0.1) (0.15)
R2 = 90%
Standard Error of the Estimate = 75
Here, QY is the market demand for Product Y, P is the price of Y in dollars, A is dollars of advertising expenditures, PX is the average price in dollars of another (unidentified) product, and I is dollars of household income. In a typical market, the price of Y is $1,500, PX is $500, advertising expenditures are $50,000, and disposable income per household is $45,000. The numbers in parentheses are standard errors of the coefficients. Based on this information, do the following:
a. Calculate the expected level of demand for Y.
b. Indicate the range within which actual demand is expected to fall with 95% confidence.
c. Interpret R2.
d. Test the significance of Advertising (A), at α = 0.05.
In: Economics
In: Economics
You are given the following information. The current dollar-pound exchange rate is $2 per pound. A representative basket of goods and services costs $100 in the US and $120 (dollars, not pounds) in the United Kingdom. For the next year, the Fed is predicted to keep U.S. inflation at 2%, and the Bank of England is predicted to keep U.K. inflation at 3%. The speed of convergence to absolute PPP is 20% per year. That is, if the real exchange rate today is 1.4 and the speed of convergence to absolute PPP is 15% per year, the real exchange rate in one year will be 1.4-0.30*0.4=1.28).
1. What is the expected U.S. minus U.K. inflation differential for the coming year?
2. What is the current U.S. real exchange rate qUS/UK with the United Kingdom? (recall that qUS/UK is defined as the ratio of prices in the UK to the US, both expressed in a common currency).
3. By what percentage is the dollar overvalued or undervalued relative to its absolute PPP level
4. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year’s time?
5. What is the expected rate of real depreciation for the United States (versus the United Kingdom)?
6. What is the expected rate of nominal depreciation for the United States (versus the United Kingdom)?
7. What do you predict will be the dollar price of one pound a year from now?
In: Economics
2. Consider an inverse demand curve and inverse supply curve given by Q D = 52, 000 − 200P Q S = −8, 000 + 400P a. Find equilibrium price. b. Find equilibrium price. c. Now solve for producer surplus at equilibrium. Show your work! HINT: You will need to know find what price is when the supply curve crosses the y-axis. d. And do the same for consumer surplus at equilibrium. Show your work! e. What if the government instead mandates a policy that imposes a price ceiling of $120 (so can’t charge above $120). What happens first to producer surplus, and then to consumer surplus? Show your work! HINT: Don’t overthink it!
In: Economics
How has the COVID-19 pandemic rippled through international economic channels and affected the aggregate supply, aggregate demand, and macroeconomic status of countries with open economies (such as U.S., Europe, China etc. )?
In: Economics
Suppose we know that for a consumer bundle A is at least as good as bundle B. Then, we can conclude that if the consumer has to choose between bundle A and bundle B, she will necessarily choose bundle A.
a. True b. False
2.
a. b.
3.
4.
Suppose you observe me choosing bundle A=(4,3) over bundle B=(4,5). This
suggests that my tastes do not satisfy the assumption of monotonicity.
True
False
Suppose you observe me choosing bundle A over bundle B on a given occasion, then
you observe me choosing bundle B over bundle C on a second occasion, and you
observe me choosing bundle C over bundle A on a third occasion. Based on this
information, you can conclude that my preferences are not rational.
True
False
Consider the following bundles: A=(4,8), B=(8,4), and C=(6,6). Suppose you know
that my tastes satisfy the convexity assumption. Then you can conclude that for
me bundle C is better than bundles A and B
True
False
.
In: Economics
discuss the issue of the MAX 737 crash affecting the company(Boeing). Why is the company concerned with this issue?
In: Economics
(c) A wind turbine construction company bids for a fixed-price order from local government to install 70 wind turbine towers in the far coastal area. They project the works with their increasing capacity in the coming 6 years in the following table.
|
Period |
Number of installations |
|
1 |
10 |
|
2 |
11 |
|
3 |
12 |
|
4 |
13 |
|
5 |
14 |
|
6 |
10 |
Assume the investment costs them $3,008,000 in now. Once installed, each turbine can earn $100,000. They assume the average inflation rate will be 4% over these 6 years. What would be the present worth of this project? Is it worth to invest?
In: Economics