A 180 day promissory note dated September 14^th, 2010 is made at 5.25% for $1665. What are the proceeds of the note if it is sold on December 9^th , 2010 and money is worth 6% simple interest?  

Use six decimal places for any intermediate calculations and round the final answer to 2 decimal places. (e.g., 0.00)

Question 1 : Angus Reid Strategies regularly surveys Canadians as to whether they prefer an elected head of state instead of a monarch. The percentage preferring an elected head of state was 43% in November 2009, 30% in July 2010 and 40% in in April 2013 based on surveys of 1005 Canadian Adults each year. Test whether support for an elected head of state in 2013 was more than 5% higher than it had been in 2010 at the 5% level of significance and interpret the results.

Question 2 : British Columbia introduced carbon tax in 2008. In 2011 Environics surveyed 1025 British Columbians about the tax and found that 54% supported it. In 2013, Environics surveyed 250 British Columbians and found that 52% supported the tax. Has the support gone down by more than 1% between 2011 and 2013 at the 10% significance level.

Question 3 : An Angus Reid survey of 1003 Canadian adults and 1980 British adults found that 59% of the Canadian sample and 56% of the British sample thought that homosexuality is something people are born with as opposed to being preference they have chosen. Does a smaller percentage of Britons hold this view than Canadians. Do a complete hypothesis test.

Question 4 : Suppose a professional survey of 1016 Canadian Adults (assume a 50/50 split between men and women) found that 65% of men and 45% of women support scrapping the nickel. Do more Canadian men support scrapping nickel than Canadian women ? Conduct a hypothesis test.

a) Write down the equation for Absolute Purchasing Power Parity

b) Consider the information given in the following Table, and fill in cells (i) – (ix).

c) Are the official exchange rates in India undervalued or overvalued?

d) Evaluate if real exchange rate has appreciated or depreciated in 2012 and 2015, estimate the rate of such appreciation or depreciation, and indicate them in cells (x)-(xiii).

e) What are the nominal exchange rates that would maintain Absolute PPP.   Indicate them in cells (xiv) - (xvi).

f) What is the equation for Relative PPP?

g) What are Indian and US inflation rates in 2012 and 2015 relative to 2010?

h) Evaluate if the Relative PPP is held in 2012 and 2015 between India and the USA.

Your comment to each question has to be more than five(5) sentences based on researched facts and logical analysis to earn the full credit.

Global outsourcing, is it good, bad or ugly?

In the recent years, we often heard about global outsourcing in US business.

Especially, when US economy was sluggish, one of major blames went for Global outsourcing, due to US job loss to overseas.

Q1) Global outsourcing, is it bad? because US manufacturing jobs went to China or India at the expense of US labors.

Q2)Global outsourcing, is it good? because US business can take an advantage of cheaper foreign labors to survive like an introduction of new technology such as robot or computer or can attract insourcing from overseas.

Q3) Global outsourcing, is it ugly? because US business can exploit the sweat shops from overseas.

Q4) Global outsourcing, is it inevitable like new technology? The robot with artificial intelligence could replace human labors in the future.

Q5) Give us your personal verdict over Global outsourcing. Also do you think which direction of trade policy is better for the economic welfare of US as well as the rest of the world; one US policy makers continue to move US toward more open and global economy by promoting trade, or one US policy makers move US toward more closed and isolated economy by protecting US industries?

Describe a future innovation that you envision may occur during your Mechanical Engineering career (next 40 years), and what your engineering role would be in its development and/or production?

Patent is one of the Intellectual Property Rights (IPR) granted to an individual or entity to claim a proposed new invention. Explain how patents can be a support for innovation in a business or business. Explain in detail.

Discuss the role of four business functions at Nike

operations management
marketing
accounting and finance
human resource management

Give at least two innovation examples for each business function at Nike

Review Questions

1- Explain why innovation matters to companies.

2- How can companies manage resistance to change?

3- List and describe the four main change tools and techniques.