6.7 How would you design an organization so that it could, in Tom Peter’s (1998) words, “thrive on chaos”? What characteristics would such an organization have? What kind of people would you try to hire? How would the role of the manager’s differ from the traditional view of what a manager does?
In: Psychology
Match the account name with the correct financial statement and section that the account name can be found on.
Balance Sheet - Current Asset
Balance Sheet - Non Current Asset
Balance Sheet - Current Liability
Balance Sheet - Non Current Liability
Balance Sheet - Equity
Income Statement - Revenue
Income Statement - Operating Expenses
Income Statement - Other
Questions:
Property Tax Expense
Furniture and Fixtures
Buildings
Service Revenues
Marketable Securities
Accounts Payable
Travel Expenses
Patents
Wages Payable
Supplies
Deferred Revenue - Long Term
Customer Deposits - Current Portion
Salary Expense
Wage Expense
Short Term Investments
Allowance for Doubtful Accounts
Sales
Sales Discounts
Repairs & Maintenance Expense
Advertising Expense
Unrealized Gain on Sale
Current Portion of Debt Payable
Additional Paid in Capital - Treasury Stock
Unrealized Loss on Sale
Payroll Tax Expense
Inventories
Treasury Stock
Salaries Payable
Vehicles
Legal Expenses
Loss On Sale
Sales Returns
Insurance Expense
Utilities Expense
Computers
Goodwill
Fees Earned
Accrued Liabilities - Short Term
Capital Stock
Premium on Bonds - Long Term
Additional Paid in Capital - Common Stock
Preferred Stock
Discount on Bonds - Long Term
Cash
Bonds Payable - Long Term Portion
Leasehold Improvements
Interest Expense
Sales Tax Payable
Warranties Payable - Short Term Portion
Accumulated Depreciation
Sales Allowances
Rent Expense
Depreciation Expense
Cost Of Goods Sold
Common Stock
Contributed Capital
Long Term Investments
Entertainment Expense
Land
Meals Expense
Unearned Revenue - Current Portion
Notes Payable - Long Term Portion
Intellectual Property
Retained Earnings
Unearned Revenue - Long term Portion
Accounts Receivable
Income Tax Payable
Gain On Sale
Interest Income
Revenues
In: Accounting
You registered your logo under the Trade Marks Act in May 1998. You are still setting up your business and have yet to use it. In January 2020,you discover that another company has started using the exact same trademark.Is there anything you cando about it?If so, what? If not, why not?
In: Operations Management
Assessment of Purchasing Power Parity Blades, the U.S.–based roller blades manufacturer, is currently both exporting to and importing from Thailand. The company has chosen Thailand as an export target for its primary product, Speedos, because of Thailand’s growth prospects and the lack of competition from both Thai and U.S. roller blade manufacturers in Thailand. Under an existing arrangement, Blades sells 180,000 pairs of Speedos annually to Entertainment Products, Inc., a Thai retailer. The arrangement involves a fixed, baht-denominated price and will last for 3 years.
Blades generates approximately 10 percent of its revenue in Thailand. Blades has also decided to import certain rubber and plastic components needed to manufacture Speedos because of cost and quality considerations. Specifically, the weak economic conditions in Thailand resulting from recent events have allowed Blades to import components from the country at a relatively low cost. However, Blades did not enter into a long-term arrangement to import these components and pays market prices (in baht) prevailing in Thailand at the time of purchase. Currently, Blades incurs about 4 percent of its cost of goods sold in Thailand.
Although Blades has no immediate plans for expansion in Thailand, it may establish a subsidiary there in the future. Moreover, even if Blades does not establish a subsidiary in Thailand, it will continue exporting to and importing from the country for several years. Due to these considerations, Blades’ management is very concerned about recent events in Thailand and neighboring countries, as they may affect both Blades’ current performance and its future plans.
Ben Holt, Blades’ CFO, is particularly concerned about the level of inflation in Thailand. Blades’ export arrangement with Entertainment Products, while allowing for a minimum level of revenue to be generated in Thailand in a given year, prevents Blades from adjusting prices according to the level of inflation in Thailand. In retrospect, Holt is wondering whether Blades should have entered into the export arrangement at all. Because Thailand’s economy was growing very fast when Blades agreed to the arrangement, strong consumer spending there resulted in a high level of inflation and high interest rates. Naturally, Blades would have preferred an agreement whereby the price per pair of Speedos would be adjusted for the Thai level of inflation. However, to take advantage of the growth opportunities in Thailand, Blades accepted the arrangement when Entertainment Products insisted on a fixed price level. Currently, however, the baht is freely floating, and Holt is wondering how a relatively high level of Thai inflation may affect the baht-dollar exchange rate and, consequently, Blades’ revenue generated in Thailand.
Holt is also concerned about Blades’ cost of goods sold incurred in Thailand. Since no fixed-price arrangement exists and the components are invoiced in Thai baht, Blades has been subject to increases in the prices of rubber and plastic. Holt is wondering how a potentially high level of inflation will impact the baht-dollar exchange rate and the cost of goods sold incurred in Thailand now that the baht is freely floating.
When Holt started thinking about future economic conditions in Thailand and the resulting impact on Blades, he found that he needed your help. In particular, he is vaguely familiar with the concept of purchasing power parity (PPP) and is wondering about this theory’s implications, if any, for Blades. Furthermore, Holt also remembers that relatively high interest rates in Thailand will attract capital flows and put upward pressure on the baht.
Because of these concerns, and to gain some insight into the impact of inflation on Blades, Holt has asked you to provide him with answers to the following questions:
What is the relationship between the exchange rates and relative inflation levels of the two countries? How will this relationship affect Blades’ Thai revenue and costs given that the baht is freely floating? What is the net effect of this relationship on Blades?
In: Finance
If I want to invest a leading entertainment, artists and performance brokerage agency in China by using a joint venture, what types of investment barriers will I face when i enter into the China market?
In: Operations Management
Violet Sky Entertainment is evaluating the trampoline park project, a 2-year project that would involve buying equipment for 54,000 dollars that would be depreciated to zero over 2 years using straight-line depreciation. Cash flows from capital spending would be $0 in year 1 and 5,000 dollars in year 2. Relevant annual revenues are expected to be 83,000 dollars in year 1 and 83,000 dollars in year 2. Relevant expected annual variable costs from the project are expected to be 10,000 dollars in year 1 and 10,000 dollars in year 2. Finally, the firm has no fixed costs in year 1 and one fixed cost in year 2 of the project. Yesterday, Violet Sky Entertainment signed a deal with Indigo River Marketing to develop an advertising campaign. The terms of the deal require Violet Sky Entertainment to pay Indigo River Marketing either 55,000 dollars in 2 years from today if the trampoline park project is pursued or 27,000 dollars in 2 years from today if the trampoline park project is not pursued. The tax rate is 40 percent and the cost of capital for the trampoline park project is 17.97 percent. What is the net present value of the trampoline park project?
In: Finance
Be thorough in your answers to show your understanding of the concepts. Each student is expected to do their own work, this is not a group exam. Ethical behavior is expected of all marketing students. Professionally present your work! Part of the grade is professional presentation, depth of thought, application of key concepts and clarity of your work.
9. Part of Apple’s plan is intense social media marketing. Develop a social media return-on-investment model to measure the results of the social media marketing strategy.
In: Economics
1. Here are the annual numbers of deaths from tornadoes in the United States from 1998 through 2011:
130 94 40 35 550 54 35 38 67 91 125 21 45 544
Find these statistics(i.e., show the formula and show your work):
a) mean
b) median and quartiles
c) range and IQR
Typed answer please.
In: Statistics and Probability
In 1998, the City of Boston, Massachusetts passed a minimum wage ordinance. Broadly speaking, the ordinance covered firms that had contracts with the City. However, for a variety of reasons, some firms were exempt from having to pay the minimum wage, and thus were unaffected by the ordinance. Recently, a researcher named Mark Brenner evaluate the effect of Boston’s minimum wage ordinance on employment levels by gathering data on firms that have contracts with the City of Boston. He found that prior to the passage of the ordinance in 1998 the average number of FTEs (full-time equivalent employees) was 165.6 in “affected” firms and 152.4 in “unaffected” firms. In 2001, he found that the average number of FTEs was 187.7 in “affected firms” and 174.8 in “unaffected” firms.
Calculate the difference-in-difference estimate of the effect of Boston’s minimum wage ordinance on employment levels in city contractors.
Did the introduction of the minimum wage ordinance appear to increase or decrease employment? Is the change large or small?
Give one possible reason why the DiD design might fail to give an unbiased estimate of the employment effects of the minimum wage ordinance in this setting.
In: Economics
A newspaper conducted a statewide survey concerning the 1998 race for state senator. The newspaper took a SRS of n=1400 registered voters and found that 720 would vote for the Republican candidate. Let p represent the proportion of registered voters in the state who would vote for the Republican candidate. We test
H0:p=0.50
H0:p=0.50
(a) What is the z-statistic for this test?
(b) What is the P-value of the test?
In: Statistics and Probability