Firms pursuing a differentiation strategy primarily seek to:
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Keep their cost structures lower than that of the cost leader. |
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Reduce the value gap to gain a competitive advantage. |
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Provide products that are a direct imitation of the competitors’ products |
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Create higher customer perceived value that the value competitors create. Which of the following stages of the strategic management process involves an evaluation of a firm’s external and internal environments?
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In: Operations Management
Consider the following gasoline sales time series. If needed, round your answers to two-decimal digits.
| Week | Sales (1,000s of gallons) |
| 1 | 17 |
| 2 | 21 |
| 3 | 19 |
| 4 | 23 |
| 5 | 18 |
| 6 | 16 |
| 7 | 20 |
| 8 | 18 |
| 9 | 22 |
| 10 | 20 |
| 11 | 15 |
| 12 | 22 |
| (a) | Show the exponential smoothing forecasts using α = 0.1, and α = 0.2. | |||||||||
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| (b) | Applying the MSE measure of forecast accuracy, would you prefer a smoothing constant of α = 0.1 or α = 0.2 for the gasoline sales time series? | |||||||||
| An - Select your answer -α = 0.1 / α = 0.2 smoothing constant provides the more accurate forecast, with an overall MSE of . | ||||||||||
| (c) | Are the results the same if you apply MAE as the measure of accuracy? | |||||||||
| An - Select your answer -α = 0.1 / α = 0.2 smoothing constant provides the more accurate forecast, with an overall MAE of . | ||||||||||
| (d) | What are the results if MAPE is used? | |||||||||
| An - Select your answer -α = 0.1α = 0.2 smoothing constant provides the more accurate forecast, with an overall MAPE of . | ||||||||||
In: Statistics and Probability
As in the previous question: Quantity demanded for good A is given by the following:
Q(A) = 100 - 0.2P(A) - 0.1P(B)-0.5Y,
where P(A) is the price of good A, P(B) is the price of good B, and Y is consumer income.
What is the cross price elasticity of demand for good A with respect to a change in the price of good B when Q(A)=2 and P(B)=4?
Question 7 options:
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E=-0.2*P(B)/Q(A)= -0.2*4/2 |
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E=-0.2* Q(A)/ P(B)= -0.2*2/4 |
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E=-0.1* Q(A)/ P(B)= -0.1*2/4 |
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E=-0.1*P(B)/Q(A)= -0.1*4/2 |
As in the previous question: Quantity demanded for good A is given by the following:
Q(A) = 100 - 0.2P(A) - 0.1P(B)-0.5Y,
where P(A) is the price of good A, P(B) is the price of good B, and Y is consumer income.
Suppose Q(A)=2 and P(B)=4. If the price of good B is projected to increase by 10%, by how much will demand for good A change?
Question 8 options:
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-0.2% |
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-2% |
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+20% |
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+0.2% |
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-20% |
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+2% |
In: Economics
R.A.T.-Create Your Own Water Park Apply your knowledge of polynomial functions to create a water park, with 6 waterslides - one for under 6 years old (highest point at least 5m above ground) two for ages 6 to 12 (highest point at least 10m above ground) three for over age 12 (highest point at least 20 m above ground)
A Create a polynomial equation for each waterslide. Show all of your work. The waterslide must begin at the y axis and the x axis must represent the ground. For each function, write the original function in factored form, then explain the transformations that were performed, in order to obtain the model function.
B. Graph (and print) each function using desmos. State the domain and range of each function.
C. Choose one of your waterslides and determine the interval(s) in which the height of the ride was above 3m. Explain your method.
D. Choose one of the waterslides for ages 12 and up and state the interval (from peak to trough) where the waterslide is steepest. Then determine the average rate of change for that interval (by using the equation). Next, determine the instantaneous rate of change at the point in the interval when the person is moving the quickest. Interpret the meaning of these numbers. Note: the maximum steepness of a ride should not exceed 4:1, rise to run. The waterslide should be decelerating as it comes to a stop.
In: Advanced Math
How to tokenize a string date of
format dd/mm/yyyy into
day,month and year without using built in function of strok() or
any other built in function in C++ (without classes).
Kindly help Please .
In: Computer Science
Concur Technologies, Inc., is a large expense-management company located in Redmond, Washington. The Wall Street Journal asked Concur to examine the data from 8.3 million expense reports to provide insights regarding business travel expenses. Their analysis of the data showed that New York was the most expensive city, with an average daily hotel room rate of $198 and an average amount spent on entertainment, including group meals and tickets for shows, sports, and other events, of $172. In comparison, the U.S. averages for these two categories were $89 for the room rate and $99 for entertainment. The table in the Excel Online file below shows the average daily hotel room rate and the amount spent on entertainment for a random sample of 9 of the 25 most visited U.S. cities (The Wall Street Journal, August 18, 2011). Construct a spreadsheet to answer the following questions.
| City | Hotel Room Rate ($) | Entertainment ($) |
| Boston | 152 | 159 |
| Denver | 99 | 107 |
| Nashville | 88 | 101 |
| New Orleans | 106 | 142 |
| Phoenix | 90 | 98 |
| San Diego | 103 | 121 |
| San Francisco | 138 | 166 |
| San Jose | 88 | 139 |
| Tampa | 81 | 99 |
What does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
The scatter diagram indicates a _________ linear relationship between the hotel room rate and the amount spent on entertainment.
Develop the least squares estimated regression equation.
Entertainment=______+_________ room rate (to 4 decimals)
Provide an interpretation for the slope of the estimated regression equation (to 3 decimals).
The slope of the estimated regression line is approximately . So, for every dollar _________ in the hotel room rate the amount spent on entertainment increases by $.
The average room rate in Chicago is $128, considerably higher than the U.S. average. Predict the entertainment expense per day for Chicago (to whole number).
$
In: Statistics and Probability
Concur Technologies, Inc., is a large expense-management company located in Redmond, Washington. The Wall Street Journal asked Concur to examine the data from 8.3 million expense reports to provide insights regarding business travel expenses. Their analysis of the data showed that New York was the most expensive city, with an average daily hotel room rate of $198 and an average amount spent on entertainment, including group meals and tickets for shows, sports, and other events, of $172. In comparison, the U.S. averages for these two categories were $89 for the room rate and $99 for entertainment. The table in the Excel Online file below shows the average daily hotel room rate and the amount spent on entertainment for a random sample of 9 of the 25 most visited U.S. cities (The Wall Street Journal, August 18, 2011). Construct a spreadsheet to answer the following questions.
| City | Hotel Room Rate ($) | Entertainment ($) |
| Boston | 144 | 163 |
| Denver | 100 | 104 |
| Nashville | 93 | 102 |
| New Orleans | 111 | 140 |
| Phoenix | 89 | 100 |
| San Diego | 105 | 121 |
| San Francisco | 134 | 165 |
| San Jose | 87 | 140 |
| Tampa | 82 | 97 |
What does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
The scatter diagram indicates a _________negativepositive linear relationship between the hotel room rate and the amount spent on entertainment.
Develop the least squares estimated regression equation.
(to 4 decimals)
Provide an interpretation for the slope of the estimated regression equation (to 3 decimals).
The slope of the estimated regression line is approximately . So, for every dollar _________increasedecrease in the hotel room rate the amount spent on entertainment increases by $.
The average room rate in Chicago is $128, considerably higher than the U.S. average. Predict the entertainment expense per day for Chicago (to whole number).
In: Economics
Case Study
Terror at the Taj Bombay: Customer-Centric Leadership
The night of November 26, 2008, 10 armed individuals from the terrorist group Lashkar-e-Taiba (Army of the Righteous) entered the western-Indian city of Mumbai (formerly Bombay) to attack pre-determined locations, including the Taj MahalPalace and Tower (Taj Bombay). Over three nights and two days, terrorists killed 159 people and wounded 211 across the city. Of these, 34 people died and 28 were injured during the three-day siege of the Taj Bombay. The attacks, which became known in India as “26/11”, had a dramatic and lasting impact on the Indian national psyche.
However, the Taj Bombay received praise in the aftermath of the attach- specifically from hotel guests-for the quick-thinking actions of hotel staff to ensure the safety of hotel guests at the expense of their own personal safety. In addition to managing the emotional and psychological challenges of moving forward after the loss of employees and extensive physical da1nage to the hotel, senior executives wondered if the Taj brand would survive. Images of the Taj Bombay under attack were reprinted in newspapers and shown on television news stations worldwide. Executives had to decide when -and if -to re-open the hotel, whether to continue to use the Taj brand name, and what message to send out to consumers. The risk was to be viewed as insensitive by either avoiding the tragedy completely in their messages to the public or being seen as taking advantage of public sympathy in talking about the tragedy, and in deciding the right time to return to "business as usual" at the Taj Bombay.
In: Operations Management
Please calculate the ratios for 2017 from the following information:
| 2017 | 2016 | 2015 | Industry Standard | |
| Quick Ratio | 2.2 | 2.8 | 1.75 | |
| Gross Margin | 0.55 | 0.7 | 0.7 | |
| Net Margin | 0.22 | 0.32 | 0.24 | |
| Return on Equity | 0.9 | 0.78 | 0.8 |
| Peyton Approved | ||||||||
| Balance Sheet | ||||||||
| As of December 31, 2017 | ||||||||
| Assets | Liabilities and Owners' Equity | |||||||
| Current Assets: | Current Liabilities: | |||||||
| Cash | 64,713.72 | Accounts Payable | 27,325.00 | |||||
| Baking Supplies | 27,850.00 | Wages Payable | 1,468.75 | |||||
| Merchandise Inventory (FIFO) | 25,750.00 | Interest Payable | 22,800.00 | |||||
| Prepaid Rent | 7,500.00 | Total Current Liabilities | 51,593.75 | |||||
| Prepaid Insurance | 400.00 | |||||||
| Office Supplies | 250.00 | Long Term Liabilities: | ||||||
| Accounts Receivable | 30,401.00 | Notes Payable | 21,000.00 | |||||
| Total Current Assets | 156,864.72 | Loans Payable | 10,000.00 | |||||
| Total Long Term Liabilities: | 31,000.00 | |||||||
| Total Liabilities: | 82,593.75 | |||||||
| Long Term/Fixed Assets: | ||||||||
| Baking Equipment | 17,000.00 | Common Stock | 30,000.00 | |||||
| Accumulated Depreciation | 5,928.58 | Retained Earnings | 63,642.39 | |||||
| 11,071.42 | ||||||||
| Leasehold Improvements | 10,000.00 | Total Equity | 93,642.39 | |||||
| Accumulated Amortization | 4,000.00 | 6,000.00 | ||||||
| Trademark | 2,300.00 | |||||||
| Total Assets: | 176,236.14 | Total Liabilities & Equity |
176,236.14 |
|||||
| Peyton Approved | ||||
| Statement of Retained Earnings | ||||
| For Year Ending 12/31/2017 | ||||
| Beginning Balance: | - | |||
| plus Net Income | 83,642.00 | |||
| less Dividends: | 20,000.00 | |||
| Ending Balance: | 63,642.00 | |||
| Peyton Approved | ||||
| Income Statement | ||||
| For Year Ending 12/31/2017 | ||||
| Bakery Sales | $ 335,675.00 | |||
| Merchandise Sales | $ 35,200.00 | |||
| Total Revenues | 370,875.00 | |||
| Merchandise Cost of Goods Sold (FIFO) | 15,760.00 | |||
| Baking Cost of Goods Sold | 137,400.00 | |||
| Gross Profit | 217,715.00 | |||
| Operating Expenses: | ||||
| Rent Expense | 90,000.00 | |||
| Interest Expense | 1,468.75 | |||
| Insurance Expense | 2,000.00 | |||
| Depreciation Expense | 2,642.86 | |||
| Amortization Expense | 2,000.00 | |||
| Misc. Expense | 2,780.00 | |||
| Office Supplies Expense | 1,350.00 | |||
| Business License Expense | 375.00 | |||
| Advertising Expense | 5,200.00 | |||
| Wages Expense | 22,800.00 | |||
| Telephone Expense | 3,456.00 | |||
| Total Operating Expenses: | 134,072.61 | |||
| Net Income | 83,642.39 | |||
In: Accounting
How do you calculate the cost of debt of each division(Food processing and instruments) for chestnut using proxy companies in same industry.
| Exhibit 14.4 Finiancial Data for Industry Comparables, December 2013 (dollar figures in millions) | ||||||||
| S&P Bond | Total Equity | Total Equity | ||||||
| Equity Beta | Rating | Total Debt | (Book value) | (Market Value) | ||||
| Chestnut Foods | 0.9 | A- | 461 | 1,544 | 1,840 | |||
| Food Processing Industry | ||||||||
| Boulder Brands | 0.55 | B+ | 298 | 355 | 958 | |||
| Campbell Soups | 0.6 | BBB+ | 4,832 | 1,349 | 13,223 | |||
| ConAgra Foods | 0.7 | BBB- | 9,590 | 5,472 | 13,805 | |||
| Diamond Foods | 0.75 | B- | 593 | 167 | 578 | |||
| Flower Foods | 0.5 | BBB- | 923 | 1,076 | 4,429 | |||
| General Mills | 0.55 | BBB+ | 8,645 | 6,633 | 31,245 | |||
| Hormel Foods | 0.65 | A | 250 | 3,311 | 11,759 | |||
| Kellogg | 0.6 | BBB+ | 7,358 | 3,545 | 21,841 | |||
| J. M. Smucker | 0.7 | BBB+ | 2,241 | 5,168 | 10,904 | |||
| Tyson Foods | 0.8 | BBB | 1,942 | 6,285 | 11,469 | |||
| Average | ||||||||
| Instruments Industry | ||||||||
| Badger Meter | 1.06 | BBB- | 89 | 197 | 723 | |||
| Dresser-Rand | 1.4 | BB | 1,287 | 1,297 | 4,549 | |||
| Flowserve | 1.3 | BBB- | 1,200 | 1,870 | 10,767 | |||
| Honeywell | 1.25 | A | 8,829 | 17,467 | 74,330 | |||
| Idex | 1.15 | BBB | 774 | 1,573 | 5,933 | |||
| Measurement Specialties | 1.35 | BBB* | 129 | 331 | 944 | |||
| Mettler-Toledo | 1.1 | A* | 413 | 935 | 7,154 | |||
| Wendell Instruments | 0.52 | NA | 0 | 98 | 230 |
| Exhibit 14.3 Capital Market Date, December 2013 | ||||
| Yield | ||||
| 30-day Treasury Bill | 0.1% | |||
| 10-year Treasury Bill | 2.8% | |||
| 10-Year Corporate Bonds | ||||
| of Industrial Companies | ||||
| AAA | 2.8% | |||
| AA | 2.9% | |||
| A+ | 3.2% | |||
| A | 3.3% | |||
| A- | 3.5% | |||
| BBB+ | 3.8% | |||
| BBB | 4.1% | |||
| BBB- | 4.6% | |||
| BB+ | 5.8% | |||
| BB | 6.5% | |||
| BB- | 6.5% | |||
| B+ | 6.8% | |||
| B | 8.4% | |||
| B- | 9.0% | |||
| Historical Market Risk Premium | ||||
| (Equity Market Index | ||||
| Less Government Debt) | 6.0% |
In: Finance