1. In your opinion, how is social media changing the political process in the United States? Is the change good or bad? Why?

2. On balance, do you think the explosion of social media has made our society better? In what ways? In what ways has social media made social life worse?

3. Have we given social media too much power over our lives?

Below is a distribution of race in the United States from 2014.

White= 60.5%

Black= 12.5%

Hispanic= 18.3%

Asian= 5.7%

Other= 3%

If we were to randomly choose 150 people for a survey, what is the probability that less than 70 of them would be white (round to 3 decimal places)?

Would this be unusual? If so, give some reasons why a particular sample might have less than 70 whites.

What is the probability that we would randomly choose a sample of 150 people and more than 22 of them were black (to 3 decimal places)?

What is the probability you would randomly select two Americans and they would both be white?

How many Asian people should we expect to have in a randomly selected group of 150 people?

Explain why you agree or disagree with the following statement.

Companies in the United States often choose to source items from foreign firms due to cost reasons. Some countries that function as manufacturing hubs have lower wage rates or relaxed working regulations which create cost savings that can be passed on to purchasing companies. Another possible explanation for sourcing items from other companies could be manufacturing efficiency. If a necessary component for a product is manufactured near another component then it may make sense to choose to source the component from that country instead of moving the components around and increasing costs.

1.In Canada and the United States, the use of technology for training has fallen below projections; in fact, the adoption of training technologies has been relatively slow and most training still takes place in the classroom. What are some of the reasons for this, and what are the potential barriers to the adoption of training technologies?

4.If you had the choice, would you choose a computer-based training program or a traditional classroom program? Which would you prefer, and why? Do you think your satisfaction, learning, and performance would differ in a computer-based program versus a traditional classroom program? Explain your reasoning.

8.Research on the effects of computer-based training has found that it is more effective than classroom instruction when trainees can choose the program (computer-based or classroom) and when the instructional methods used to deliver the programs are different. What are the implications of these two findings for understanding the effects of computer-based training and for the design and delivery of computer-based training programs?

10.What does learner control refer to and what role does it play in technology-based training? Why is learner control not always effective? What can be done to make it more effective?

Abe's Steakhouse is the largest upscale steakhouse company in the United States, based on total company- and franchisee-owned restaurants. The company's menu features a broad selection of high-quality steaks and other premium offerings. Assume the information below is from a recent annual report:

a. Common stock, $0.01 par value; 100,090,000 shares authorized; 23,563,356 issued and outstanding at the end of the current year, 23,385,356 issued and outstanding at the end of last year.

b. Additional paid-in capital: $194,389,000 at the end of the current year and $169,431,000 at the end of last year.

c. Retained earnings / (accumulated deficit): ($82,397,000) at the end of last year.

d. In the current year, net income was $53,983,000 and a cash dividend of $7,138,000 was paid.

Required:

Prepare the stockholders’ equity section of the balance sheet to reflect the above information for the current year and last year. (Amounts to be deducted should be indicated with a minus sign.)

CHAPTER TWO

Recent sanctions by the United States and Europe against Russia are posing problems for global

automakers. The sanctions, imposed in response to Vladimir Putin’s policy decisions are creating

challenges not only for Russian citizens, but also for U.S. and European companies. France’s

Renault is likely to be hit hardest. It is the most dependent on the Russian market followed by

South Korea’s Kia and Hyundai, and Japan’s Nissan, and German automakers VW and

Mercedes. If these sanctions persist, the companies could experience considerable production

issues. Already, General Motors is offering buyouts to its workers in Russia as sales slump in the

country.

1.

Consider the impact of the sanctions relative to the overall attractiveness of the Russian

market. What are the political and economic costs of doing business in countries like

Russia where political problems threaten economic growth?

2.

What strategic alternatives are open to companies like Renault that depend on the

Russian market.

3.

What are the tradeoffs of operating in an emerging market like Russia where political

uncertainty is high as compared to a more established market.

Suppose that the mean retail price per gallon of regular grade gasoline in the United States is $3.45 with a standard deviation of $0.20 and that the retail price per gallon has a bell-shaped distribution. (a) What percentage of regular grade gasoline sold between $3.25 and $3.65 per gallon? % (b) What percentage of regular grade gasoline sold between $3.25 and $3.85 per gallon? % (c) What percentage of regular grade gasoline sold for more than $3.85 per gallon? %

YOU MUST read the "UNITED STATES' BRIEF IN SUPPORT OF ITS PROPOSED FINDINGS OF FACT AND CONCLUSIONS OF LAW" case, a pursuant to the antitrust prosecution of Dentsply International, Incorporated. The Antitrust Division of the Justice Department, in a complaint filed in 1999, alleged that Dentsply violated §1 and §2 of the Sherman Act and §3 of the Clayton Act. Read the Brief filed by the DOJ in 2002 and answer the following questions:

6. How did Denstply violate §3 of the Clayton Act, according to the government?

Nissan’s all-electric car, the Leaf, has a base price of $32,780 in the United States, but it is eligible for a $7500 federal tax credit. A consulting engineering company wants to evaluate the purchase or lease of one of the vehicles for use by its employees traveling to job sites in the local area. The cost for leasing the vehicle will be $4200 per year (payable at the end of each year) after an initialization charge of $2500 paid now. If the company purchases the vehicle, it will also purchase a home charging station for $2200 that will be partially offset by a 50% tax credit. If the company expects to be able to sell the car and charging station for 40% of the base price of the car alone at the end of 3 years, should the company purchase or lease the car? Use an interest rate of 10% per year and annual worth analysis