In developing countries some of the working conditions are poor in comparison to the United States. Companies such as Nike go overseas to find affordable labor and supply costs. What would you do as a CEO of a company, such as Nike, to aid in improving the welfare of these countries?
In: Operations Management
Compare and contrast direct finance and indirect finance. Give a specific example of each and discuss in detail the differences. Which is more likely to have a larger share of the total financial market in a mature economy like the United States? Explain why
In: Economics
Write 1 to 3 paragraphs to discussion this question
What labor standards regarding safety, working conditions, overtime, and the like, should Nike hold foreign factories to: those prevailing in that country, those prevailing in the United States, or something in between?
In: Operations Management
Write 1 to 3 paragraph to answer this question:
What labor standards regarding safety, working conditions, overtime, and the like, should Nike hold foreign factories to: those prevailing in that country, those prevailing in the United States, or something in between?
In: Operations Management
In: Psychology
What is the difference between the color-blind perspective on race and blatant bigotry? How does the color-blind ideology lead to racism evasiveness? Why is it often so difficult to recognize and address racial discrimination in the United States today? v
In: Psychology
PROBLEM
In the Hotel management domain, we have the following
concepts:
Hotel Hotel chain Hotel room
Reservation Hilton Hilton San Diego Bayfront
Meeting room Ballroom Guest Room
Catering Service Internet Service TV
Service
Guest Parking Service Item on
bill
You are asked to design a model, using a UML class diagram to relate the abovementioned concepts:
Correctly use UML notations for relations such as generalization, association, aggregation, composition. Be careful to distinguish objects from classes.
You may introduce additional concepts into the picture to make your
model more appropriate.
For each Class in your diagram, you should define at least one
attribute and one operation.
Use multiplicity whenever appropriate.
Note that if you are not sure about a concept, you should do
research on the problem domain.
In: Computer Science
There is a hotel in Imatra (Finland) which is very close to
Russian border. The
demand function of Finnish consumers for this hotel is Q = 1000 -
P. The demand
function of Russian consumers for this hotel would be Q = 1400 - P
if they had not
travel to Imatra, but they have to travel and cost of travelling is
200. MC of hotel is
200 for one visitor. Find the difference of profits with price
discrimination and without
price discrimination.
In: Economics
In: Economics
The average annual premium for automobile insurance in the United States is $1485. A representative sample of annual premiums for the state of Michigan is contained in the Excel Online file below. Assume the population is approximately normal. Construct a spreadsheet to answer the following questions.
| Annual Premium | |||
| 1931 | Sample Size | ||
| 3150 | |||
| 2376 | Point Estimate of Mean (to the whole) | ||
| 2723 | |||
| 2572 | Standard Deviation (4 decimals) | ||
| 2981 | |||
| 2674 | Confidence Coefficient | 0.95 | |
| 2543 | |||
| 2656 | Level of Significance | ||
| 2650 | |||
| 2383 | Margin of Error (2 decimals) | ||
| 2813 | |||
| 2931 | C.I. Lower Limit (2 decimals) | ||
| 2543 | C.I. Upper Limit (2 decimals) | ||
| 2674 | |||
| 2199 | National Average for the U.S. | 1485 | |
| 2514 | |||
| 2135 | Does the 95% confidence interval for the annual automobile insurance premium in Michigan include the national average for the United States? | ||
| 2325 | |||
| 2409 | |||
a. Provide a point estimate of the mean annual automobile insurance premium in Michigan.
$ (to the nearest dollar)
b. Develop a 95% confidence interval for the mean annual automobile insurance premium in Michigan.
($ , $ ) (to the nearest cent)
c. Does the 95% confidence interval for the annual automobile insurance premium in Michigan include the national average for the United States?
_____Yes or No
What is your interpretation of the relationship between auto insurance premiums in Michigan and the national average?
We would be % confident that auto insurance premiums in Michigan are _______(above or below) the national average.
In: Statistics and Probability