Question 5

What is the importance of collaborative relationships to competition?

Question 7

Assume that you are the director of international marketing for a company producing refrigerators. Select one country in Latin America and one in Europe and develop screening criteria to use in evaluating the countries. Make any additional assumptions that are necessary about you company.

Question 16

Visit the Nestle Corporation website (http://www.nestle.com/) and the Unilever website (http://www.unilever.com/). Compare their strategies toward international markets. In what ways (other than product categories) do they differ in their international marketing?

Chapter 13 – Page 417

Question 5

Discuss product alternatives and the three marketing strategies: domestic market extension, multidomestic markets, and global market strategies.

Question 14

Discuss the characteristics of an innovation that can account for differential diffusion rates.

1. Kevin is 25 years old. He is intelligent; however, he has very limited oral language skills and displays many characteristics expected of an adult with severe autism. When Kevin was 3 years old he was diagnosed with autism. He was immediately enrolled in a pre-school program for children with disabilities under Part H (now Part C) of the Individuals with Disabilities Education Act. At the age of 6, Kevin transitioned to kindergarten. He was in a self-contained special education classroom for children with severe disabilities for the first three years. Beginning in the third grade, Kevin was included in a regular classroom for a small portion of each day. Surprisingly to his parents and many teachers, he did better in his new placement than the special education placement. His behavior improved; his oral language improved; and his general academic performance improved. As a result of his success, Kevin's time in the inclusive setting was increased over the next several years until he was included for approximately 80% of the school day by the sixth grade. Kevin continued to progress. When he went to junior high school, Kevin's time in a special education setting was again increased; he was placed in some regular classes, mostly those with a lower academic expectations. In high school Kevin's placement in special education settings increased again, primarily because of his difficulty with higher academic tasks. His IEP focused more on functional classes and pre-vocational activities.

   Since Kevin completed his high school program at the age of 22, he has been attending an adult day service program. He recently moved to a group home for individuals with moderate to severe disabilities. Kevin's educational program provided him with many benefits. Had he been born 20 years earlier, he would have been school age before the passage of Public Law 94-142. This likely would have meant that Kevin would not have had access to public education; his parents could have easily placed him in an institutional setting because there would have been no other programming options. While Kevin would have likely benefited from more inclusion in middle and secondary schools, his earlier inclusion improved his social skills and enabled him to learn some basic academic skills that he still uses and enables him to live semi-independently.

   1. How would Kevin’s life be different had he been born in 1950 rather than in the 1980s? How?

   2. Would more inclusion in secondary schools have had a positive or negative impact on Kevin’s future success?. How so?

   3 Has IDEA been a success or failure for Kevin and many other individuals with disabilities? Explain your response.

On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright received a note requiring payment of $520,000 by Elmira on December 31, 2023. The effective interest rate is 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.): Required:

1. How much sales revenue would Wright recognize on January 1, 2021, for this transaction?

2. Prepare journal entries to record the sale of merchandise on January 1, 2021 (omit any entry that might be required for the cost of the goods sold), the December 31, 2021, interest accrual, the December 31, 2022, interest accrual, and receipt of payment of the note on December 31, 2023.

On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright received a note requiring payment of $531,000 by Elmira on December 31, 2023. The effective interest rate is 7%.

Required:

1. How much sales revenue would Wright recognize on January 1, 2021, for this transaction?
2. Prepare journal entries to record the sale of merchandise on January 1, 2021 (omit any entry that might be required for the cost of the goods sold), the December 31, 2021, interest accrual, the December 31, 2022, interest accrual, and receipt of payment of the note on December 31, 2023.

Consider a high school student who is given $3 every school day by her parents as “lunch money”. The student works a part time job after school, earning a small amount of “spending cash”. In addition to her lunch money, the student spends $5 from her own earnings each week on lunch. Suppose her parents reduced her lunch money by $2 per day but that she simultaneously receives a $10 per week raise at her job, requiring no extra effort on her part.

What would the rational choice model suggest should happen to her spending on lunch?

Alternatively, what does the mental accounting framework predict?

Student Case Studies

John J. is a school nurse at Jackson Elementary School, which was built in 1960. Nurse John has noticed that many students from Ms. Zee’s second grade class have come to the clinic complaining about coughing, sneezing, runny nose, and watery eyes. Nurse John has also observed that Steven Tea, the only asthmatic student in Ms. Zee’s class, has had more asthma attacks this year than he did last year. Because the rest of the school is not experiencing the same respiratory problems, Nurse John is concerned that something in Ms. Zee’s classroom is causing students to feel ill.

Nurse John decides to visit Ms. Zee’s classroom. Upon entering the classroom, one of the few located in the school’s basement, John is struck by the powerful musty smell that inhabits the room. While talking to Ms. Zee, John learns that the classroom has “smelled bad for years,” and that students from previous years have complained about respiratory problems. Nurse John notes that Ms. Zee has stuffed a blanket at the base of the classroom’s small rectangular window near the ceiling because the window does not close completely.

John suspects that Ms. Zee’s classroom walls are contaminated with mold. Upon further research, Nurse John learns that if water gets between the exterior and the interior of a building’s wall, mold can grow in the moist environment. This situation can occur as the result of construction defects in the building (e.g., leaky windows). Nurse John also learns that people who are exposed to extensive mold growth may experience allergic reactions, such as hay fever-like allergy symptoms, and that people who already have a chronic respiratory disease, such as asthma, may experience difficulty breathing when exposed to mold. Nurse John is concerned about the possible mold contamination effect on his asthmatic student, Steven.

Questions

1.   Identify the agent, host, and environment in this case study, and describe how they interacted to bring about the occurrence of disease.

2.   Is the mold contamination in Ms. Zee’s room a point-source pollutant or a non–point-source pollutant?

Central State College (CSC) is a state-supported college with a large business school. The business school offers an undergraduate degree and training programs for a local manufacturer. The state does not support the training programs, which are paid for by the manufacturer under a fixed-price contract.

The college president has asked the dean of the business school for a breakdown of costs by program. The president will be meeting with state legislators asking for an increase in support for the college’s programs. The dean has assigned you to lead the team that will develop the costs by program.

The business school’s computer lab is a major cost item. The lab is used during the day for the undergraduate program and in the evening for the training program.

Required

How will you recommend that the cost of the computer lab be allocated to the two programs? Be explicit in your description of the allocation base.

The dean tells you that the training program should not be allocated any costs other than its direct costs. She points out that the college was established for undergraduate education and the training program is an incremental activity. “After all, if we didn’t have the training program, we would still have the computer lab,” she says. Do you agree with the dean? Is the dean’s suggestion ethical?

On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright received a note requiring payment of $515,000 by Elmira on December 31, 2023. The effective interest rate is 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

Required:

1. How much sales revenue would Wright recognize on January 1, 2021, for this transaction?
2. Prepare journal entries to record the sale of merchandise on January 1, 2021 (omit any entry that might be required for the cost of the goods sold), the December 31, 2021, interest accrual, the December 31, 2022, interest accrual, and receipt of payment of the note on December 31, 2023.

Andy teaches high school math for the Metro School District. In 2018, she has incurred the following expenses associated with her job:

Noncredit correspondence course on history $ 800 Teaching cases for classroom use $1,900

Andy’s employer does not provide any funding for the correspondence course or teaching cases.

1. Use an available tax service to identify the amount she can deduct, if any, as a “For AGI” deduction and the amount, if any, as a “From AGI” deduction.

2. Prepare a tax research memorandum for the file.