Chapter 4-  Building Competitive Advantage Through Functional-Level Strategies -:

Answer the following questions:

1.    Explain how an enterprise can use functional level strategies to increase its efficiency.

2.    Explain how an enterprise can use functional level strategies to increase its quality.

3.    Explain how an enterprise can use functional level strategies to increase its innovation.

4.    Explain how an enterprise can use functional level strategies to increase customer responsiveness.

Caribbean city is undergoing unprecedented development and growth as the city shifts from a suburban city to an increasingly urban city. Canal Street is to be transformed from an overcrowded transportation corridor into a pedestrian friendly, car free spine connecting the Harbour to the City

Economic Benefit: a. What is the economic benefit created by your innovation and how does your proposal provide this benefit?

b. How much will it cost to implement and maintain your proposal\Who bears the costs of installation and maintenance?

c. What is the economic benefit to the economy from proposal?

Strategic planning and execution skills are essential to the success of any company. Strategy is the game plan for winning in the marketplace. Strategy decisions are driven by environmental and competitive changes that lead to opportunities or threats for the company. A business needs to know why it exists- it’s purpose or mission, and where it is going- it’s vision for the future, and its values- the behaviors, attitudes and beliefs that it must adhere to. how might a company go about deciding on which parts it would locate internationally? How do core competencies and innovation factor into the decision-making?

30. What does an economy need in order to keep prices low, offer consumers a wide variety of choices, and encourage innovation?

    A) The implementation of communism and heavy government regulation
    B) The implementation of socialism and give the poor a basic universal income

    C) Encourage the use of competitive markets, flexible prices, private property rights, respect     for contract law, and individual liberty

    D) Encourage fairness, social justice, eliminate income inequality, and regulate all personal     income to make sure everyone gets the same amount.

managers today are faced with difficult environments that can stress & put managers in to situations that can require difficult decisions

these decisions require awareness of the organization design & how effective it is managing stress and change

most importantly innovation

let's say that you are a middle tacticle manager in a major corporation and upper management has mandated you to make a presentation: management explaining how future management must take the above into consideration and how the concept will be implemented.

what five points will you touch on

describe each point with detail.

Project 3 instructions

Based on Brase & Brase: sections 6.1-6.3

Visit the NASDAQ historical prices weblink. First, set the date range to be for exactly 1 year ending on the Monday that this course started. For example, if the current term started on April 1, 2018, then use April 1, 2017 – March 31, 2018. (Do NOT use these dates. Use the dates that match up with the current term.) Do this by clicking on the blue dates after “Time Period”. Next, click the “Apply” button. Next, click the link on the right side of the page that says “Download Data” to save the file to your computer. NOTE THIS CLASS BEGAN ON 1/20/2020 please use this date to help me answer these questions... I am having a hard time

This project will only use the Close values. Assume that the closing prices of the stock form a normally distributed data set. This means that you need to use Excel to find the mean and standard deviation. Then, use those numbers and the methods you learned in sections 6.1-6.3 of the course textbook for normal distributions to answer the questions. Do NOT count the number of data points.

Complete this portion of the assignment within a single Excel file. Show your work or explain how you obtained each of your answers. Answers with no work and no explanation will receive no credit.

1. a) Submit a copy of your dataset along with a file that contains your answers to all of the following questions.

b) What the mean and Standard Deviation (SD) of the Close column in your data set?

c) If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability would be the same for any normal distribution. (5 points)

2. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at more than $1150? (5 points)
3. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $50 of the mean for that year? (between 50 below and 50 above the mean) (5 points)
4. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than $950 per share. Would this be considered unusal? Use the definition of unusual from the course textbook that is measured as a number of standard deviations (5 points)
5. At what prices would Google have to close in order for it to be considered statistically unusual? You will have a low and high value. Use the definition of unusual from the course textbook that is measured as a number of standard deviations. (5 points)
6. What are Quartile 1, Quartile 2, and Quartile 3 in this data set? Use Excel to find these values. This is the only question that you must answer without using anything about the normal distribution. (5 points)
7. Is the normality assumption that was made at the beginning valid? Why or why not? Hint: Does this distribution have the properties of a normal distribution as described in the course textbook? Real data sets are never perfect, however, it should be close. One option would be to construct a histogram like you did in Project 1 to see if it has the right shape. Something in the range of 10 to 12 classes is a good number. (5 points)

There are also 5 points for miscellaneous items like correct date range, correct mean, correct SD, etc.

Project 3 is due by 11:59 p.m. (ET) on Monday of Module/Week 5.

Project 3 instructions

Based on Brase & Brase: sections 6.1-6.3

Visit the NASDAQ historical prices weblink. First, set the date range to be for exactly 1 year ending on the Monday that this course started. For example, if the current term started on April 1, 2018, then use April 1, 2017 – March 31, 2018. (Do NOT use these dates. Use the dates that match up with the current term.) Do this by clicking on the blue dates after “Time Period”. Next, click the “Apply” button. Next, click the link on the right side of the page that says “Download Data” to save the file to your computer. NOTE THIS CLASS BEGAN ON 1/20/2020 please use this date to help me answer these questions... PLEASE ONLY HELP ME WITH QUESTIONS 5-7!! I have the first four completed with help!

This project will only use the Close values. Assume that the closing prices of the stock form a normally distributed data set. This means that you need to use Excel to find the mean and standard deviation. Then, use those numbers and the methods you learned in sections 6.1-6.3 of the course textbook for normal distributions to answer the questions. Do NOT count the number of data points.

Complete this portion of the assignment within a single Excel file. Show your work or explain how you obtained each of your answers. Answers with no work and no explanation will receive no credit.

1. a) Submit a copy of your dataset along with a file that contains your answers to all of the following questions.

b) What the mean and Standard Deviation (SD) of the Close column in your data set?

c) If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability would be the same for any normal distribution. (5 points)

2. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at more than $1150? (5 points)
3. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed within $50 of the mean for that year? (between 50 below and 50 above the mean) (5 points)
4. If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than $950 per share. Would this be considered unusal? Use the definition of unusual from the course textbook that is measured as a number of standard deviations (5 points)
5. At what prices would Google have to close in order for it to be considered statistically unusual? You will have a low and high value. Use the definition of unusual from the course textbook that is measured as a number of standard deviations. (5 points)
6. What are Quartile 1, Quartile 2, and Quartile 3 in this data set? Use Excel to find these values. This is the only question that you must answer without using anything about the normal distribution. (5 points)
7. Is the normality assumption that was made at the beginning valid? Why or why not? Hint: Does this distribution have the properties of a normal distribution as described in the course textbook? Real data sets are never perfect, however, it should be close. One option would be to construct a histogram like you did in Project 1 to see if it has the right shape. Something in the range of 10 to 12 classes is a good number. (5 points)

There are also 5 points for miscellaneous items like correct date range, correct mean, correct SD, etc.

Project 3 is due by 11:59 p.m. (ET) on Monday of Module/Week 5.

Subject 2: Oligopolistic Competition There are only two luxury electric car producers in Carmania, Firm 1 and Firm 2. The cars they produce are essentially identical. The market inverse demand function for luxury electric cars in Carmania is given by ? = ? − ??, where P is the price (in thousands of euros); Q market output (in a number of cars); and α and b are parameters. Competition in the Carmania auto market works as follows: At the beginning of each year, both firms simultaneously and independently decide how many cars to produce. The market price is then determined by total demand and total supply. Marginal cost (in thousands euros) is given by 77 for Firm 1 and 74 for Firm 2. Currently, Firms 1 and 2 are producing 170 and 200, respectively, whereas the market price is 94. a) Find the parameters α and b in the market inverse demand function. [Mark 1.5] b) Determine equilibrium profit of each firm, as well as consumer surplus and social welfare. [Mark 0.5] c) Firm 2 can introduce an innovation in its manufacturing process so as to reduce its marginal cost from 74 to 68. What is the percentage impact of Firm 2’s cost reduction on its rival’s market share? [Mark 0.5] d) How much would Firm 1 be willing to pay to Firm 2 so as to successfully prevent Firm 2 from introducing the innovation in its manufacturing process?

The Course Project requires you to act as consultants for a fast food chain and develop a new food product. Your competitor has just launched a new campaign introducing Junior and Grand sizes to their already famous and successful hamburger and is drawing sales away from your client. Time is of the essence, yet you do not want to over-react and make a costly mistake. You will need to be innovative and capitalize not only on your client’s success, but also focus on how to bring back lost revenue and launch a strong marketing campaign. Your market research and product launch strategy will be described both in a written paper as well as presentation of your recommendations to the class.

1. Complete product/service description, including the type of innovation represented, and the source for the idea.

2. Product/service offering and a description of benefits that customers will both recognize and realize

3. Competitive analysis

"Points awarded for description of the innovation of the new competitive product and how it will compete in the marketplace. Product offering and a description of benefits customers will realize over that of your client’s competitor. In short, how will your new innovative food product increase sales for your client and as well as win back sales from your client’s competitor. Include in this section an identification of competitor products and specific customer benefits. The material in this assignment covers sections 4-6 listed in the outline above."

Pet Boutique Corp. reported $2,952,010 of profit for 2020. On November 2, 2020, it declared and paid the annual preferred dividends of $203,000. On January 1, 2020, Pet Boutique had 104,000 and 520,000 outstanding preferred and common shares, respectively. The following transactions changed the number of shares outstanding during the year: Feb. 1 Declared and issued a 20% common share dividend. Apr.30 Sold 159,000 common shares for cash. May 1 Sold 50,000 preferred shares for cash. Oct. 31 Sold 42,000 common shares for cash. a. What is the amount of profit available for distribution to the common shareholders? b. What is the weighted-average number of common shares for the year? c. What is the earnings per share for the year?

Analysis Component: Did the sale of preferred shares on May 1, 2020, affect the basic earnings per common share?