Question 14. In which situation should you exercise an American call or an American put early, assuming no dividends? Provide your reasoning.

You are Head of Sales & Marketing and a member of the Strategic Management Team for a medium sized organization that manufactures and sells specialized oil and gas exploratory, drilling and production equipment to a wide range of global oil and gas companies. One of the major strategic initiatives being considered by the Strategic Team is expanding the organization’s existing U.S. based manufacturing operations of this equipment to both South America and the African continent to reduce shipping distance of material and establish a local presence.

The targeted country in Africa being considered is Nigeria, which would allow shipment of equipment to African oil producers in Angola, Ivory Coast, Ghana, Cameroon, Gabon, DRC and Equatorial Guinea. The targeted country in Latin America under consideration is Venezuela, which would allow shipment of equipment to Latin American oil producers in Brazil, Mexico and Colombia.

The company’s CEO asks you to prepare an environmental scan that will focus on key strategic decision making that need to be examined for both countries under consideration, Venezuela and Nigeria, and to be “brutally honest” in your evaluation and comments.

Please type your answer under the right section in the table below:

How did the South attempt to make use of cotton (during the American Civil War) as a weapon of war?

Rework problem 35 from the Chapter 2 review exercises in your text, involving auditioning for a play. For this problem, assume 13 males audition, one of them being Karthikey, 7 females audition, one of them being Tiffany, and 5 children audition. The casting director has 4 male roles available, 2 female roles available, and 1 child role available.

(1) How many different ways can these roles be filled from these auditioners?
(2) How many different ways can these roles be filled if exactly one of Karthikey and Tiffany gets a part?
(3) How many different ways can these roles be filled if at least one of Karthikey and Tiffany gets a part?
(4) What is the probability (if the roles are filled at random) of both Karthikey and Tiffany getting a part?

You are an executive of an American company. You have been sent to South Korea to expand your company’s operations in that country.

(a) From your knowledge (or research) of cultural differences between the South Koreans and Americans, what two cultural mistakes are you likely to commit in South Korea that would irritate the Korean people?

(b) What can you do to minimize chances of making those cultural mistakes, so that you can be more successful in South Korea?

A travel magazine conducts an annual survey where readers rate their favorite cruise ship. Ships are rated on a 10 point scale, with higher values indicating better service. A sample of 55 ships that carry fewer than 500 passengers resulted in a average rating of 6.36 with standard deviation 0.63. A sample of 25 ships that carry more than 500 passengers resulted in an average rating of 6.12 with standard deviation 0.78.

Give a 95% confidence interval of the difference between the population mean ratings for smaller ships and the population mean ratings for larger ships. (Note, the order of subtraction matters...look at the wording carefully.)

±±  Rounded to 2 decimal places.

The following selected transactions were completed by Capers Company during October of the current year:

Journalize the entries to record the transactions of Capers Company for October. Refer to the Chart of Accounts for exact wording of account titles.

Bread and Roses, Too is a fictionalized example of the widespread shift to industrialized capitalism in the United States during the late nineteenth and early-twentieth centuries. What tensions or difficulties does the book document? What were the desires and needs of workers and management? What were the shared labor concerns among workers in early twentieth-century America?