For this week's discussion, the focus will be on examining Porter's Five Forces as a tool for looking at the pressures on profits. Specifically, you will be looking at defining Porter's Five Forces and applying this tool to the market structures and pressures on profits of a chosen group of firms.

Instructions

In your discussion post, address the following:

• Chose one of the following groups and use Porter's Five Forces to analyze the pressures on profits for your chosen group's firms.
  • Group 1: the accommodations industry (e.g., Hilton, Marriott Bonvoy, InterContintental Hotel Group).
  • Group 2: the wireless telecommunications industry (e.g., Verizon, AT&T, T-Mobile).
• If you want to dig deeper into how one of the firms views the challenges it faces, you might want to look at the firm's investor page.

In the case Las Vegas Sands v. Nehme, reported on page 380 of your textbook, the casino's "marker" was found by the court to be a negotiable instrument. The Venetian (a hotel owned by Las Vegas Sands LLC) was then allowed to sued Nehme for not paying a negotiable instrument. In a 500 word paper discuss the required elements for a negotiable instrument. Is it feasible that the casino marker contained all of these elements? Explain whether or not you think that gambling casinos should be able to advance credit to gamblers. From what you know about how alcohol affects a person's capacity to contract, is the fact that most gamblers are also consuming alcohol a factor in your decision? Do you think people would not gamble as much if casinos did not offer "markers?"

1. Juan Martinez was reviewing his recent bank credit card account statement when he found two charges involving a hotel room rental and a meal, purchased on the same day in a city than Juan knew he had not been to. Their charges totaled $229.99 out of Juan’s $529.99 balance for the month.

a. What payment should Juan make on the account?

b. How should he notify the credit card issuer about the unauthorized use?

c. Once the matter is resolved, what should Juan do to ensure that his credit history is not negatively affected by this error?

2. Explain the conditions that might make bankruptcy necessary. How might you use the services of a credit counselor?

What is the management fee (1) on a per available room basis and (2) as a percentage of total revenue for a 255-room hotel located in California that had an occupancy level of 62%, ADR of $84.53, a room revenue to total revenue % of 56.4%, and a gross operating profit % of 24.8%? The management fee agreement stipulated that the company would receive 3% of gross revenue, and 10% of gross operating profit.

1. lease use the information from Question 10 to calculate the Total mgmt fee.

               Total mgmt fee (round to whole number) $ ___

2. Please use the information from Question 10 to calculate the Mgmt fee on PAR basis.

            Mgmt fee on PAR basis (round to two decimal places) $ ___ PAR/yea

For this week's discussion, the focus will be on examining Porter's Five Forces as a tool for looking at the pressures on profits. Specifically, you will be looking at defining Porter's Five Forces and applying this tool to the market structures and pressures on profits of a chosen group of firms.

Instructions

In your discussion post, address the following:

• Chose one of the following groups and use Porter's Five Forces to analyze the pressures on profits for your chosen group's firms.
  • Group 1: the accommodations industry (e.g., Hilton, Marriott Bonvoy, InterContintental Hotel Group).
  • Group 2: the wireless telecommunications industry (e.g., Verizon, AT&T, T-Mobile).
• If you want to dig deeper into how one of the firms views the challenges it faces, you might want to look at the firm's investor page.

A new study was done that included responses from 600 randomly sampled quests, of which 55% said they register using the hotel website. If the true proportion were 50% or less, what is the probability your sample data would produce a sample proportion of 55% or higher? Be sure to set up the two competing hypotheses and provide a statistical conclusion statement at a 2% level of significance for your results.

(Be sure to write out/ calculate how you find X, thank you) (Also, if you know how to find the type 1 error can you explain how you got it?)

2. Using Minitab, repeat the problem. Copy and paste it, please. (can't find it, This is really confusing!)

Identify the sampling method for each scenario.

1. (a) An orchard farmer subdivides his orchard into 40 parcels of land. He randomly selects 4 parcels and inspects every tree on those parcels for the presence of a particular fungus.
2. (b) A librarian inspects every fifth book on a shelf starting with the second to determine the number of items missing bar codes.
3. (c) A hotel leaves customer satisfaction cards in each guest room. At the end of the week, the general manager reads all 60 cards that were filled out by guests that week.
4. (d) The College of Engineering randomly selects samples from each of its four branches (mechanical, civil, chemical, electrical) to assess the effectiveness of a new program for student advising.

• The analysis of the 10 types of Innovation – Individual Project

You have to choose one of these industries

1. Fashion Industry
2. Sport Industry
3. Information Technology Industry
4. Food & Beverage Industry
5. Education Industry
6. Transportation industry (Car, Motorcycle etc.)
7. Hotel & Tourism Industry
8. Household Industry (Furniture / Kitchen etc.)
9. Consumer products (e.g., Shampoo, Bath etc.)

• Please analyze the selected business with 10 Types of Innovation
• You have to select the most innovative business case from the selected industry
• Please give the detailed explanation of the ten types of innovation from the company.
• How many types of innovation do they have?

• What are they?
• And how do they apply these types of innovation in details? Please give a clear example with clear explanation

Tanya is playing PokemonGo, and searching for a Snorlax. The game is programmed such that pokemon are generated randomly, and there is a 7% chance that a Snorlax will appear. Tanya will search Mill Creek park until she captures 473 random pokemon. Consider the proportion in her sample that will be Snorlaxes. As we have learned, the sample proportion is a random quantity.

What type of random variable can we use to approximate the sample proportion? Type the name of the distribution using all capital letters.

What is the mean of the sample proportion? Input your answer as a decimal, not a percent.  

What is the standard deviation of the sample proportion? Input your answer as a decimal, not a percent.

What is the approximate probability that more than 6% of her sample will be Snorlaxes? Input your answer as a decimal, not a percent.

The Cash account of Guard Dog Security Systems reported a balance of $2,540 at December 31​, 2024. There were outstanding checks totaling $400 and a December 31 deposit in transit o f$100. The bank​ statement, which came from Park Cities​ Bank, listed the December 31 balance of $3,340. Included in the bank balance was a collection of $510 on account from Brendan Ballou​, a Guard Dog customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that Guard Dog earned on its bank balance. Prepare Guard Dog​'s bank reconciliation at December 31.

Guard Dog Security Systems

Bank Reconciliation

December 31, 2024