exercise 4e

Construct an IFE Matrix for Your University

Purpose

this exercise gives you the opportunity to evaluate your online university’s major strengths and weaknesses.

As will become clearer in the next chapter, an organization’s strategies are largely based on striving to

take advantage of strengths and improving on weaknesses.

Instructions

Step 1 Join with two other individuals to form a three-person team. Develop a team IFE Matrix for

your online university. You may use the strengths and weaknesses determined in Exercise 1D on

page 36.

Step 2 What was your team’s total weighted score?

Step 3 Compare your team’s IFE Matrix to other teams’ IFE matrices. Discuss any major

differences.

Step 4 What strategies do you think would allow your university to capitalize on its major strengths?

What strategies would allow your university to improve on its major weaknesses?

4. The Athletic Department at State University has created numerous logos and designs foruse in their merchandising program. For each logo and design, State University Athletics has sought and received federal trademark registration. The athletic department has recently hired you as a new assistant athletic director to oversee the merchandising program and to develop a licensing program for State University Athletics marks and logos. Upon your arrival, the new merchandising and licensing athletic director discovers that dozens of local businesses, charitable organizations, and schools are using the mark and logos throughout the state. First, assuming such use is unauthorized, what must State University show in order to prevail if it decided to pursue trademark infringement actions against these users, and how would such showing be made? Second, assuming your boss would want to file a lawsuit only as a last resort, what steps would you recommend to curb this unauthorized use?

Assume a debtor has issued a statutory demand to Mask R Us Pty Ltd for the non-payment of a $10,000 debt.

Explain, with reference to the Corporations Act, the legal options available to the company in responding to the statutory demand and the legal consequences of ignoring the statutory demand?

if our company can purchase new technology for 650,000 and that technology will save us 330,000 for three years at which time the new technology will be outdated and our tax rate is 35% should we buy the technology when our cost of capital is 9%

Since the 1980s, the US apparel manufacturing industry has moved to Southeast Asian countries to take advantage of low cost of labor. The American consumers are enjoying the cheap apparel made in these countries however this benefit comes with a cost to the people who work in these textile factories. The collapse of the Bangladesh textile factory that caused the death of over a thousand people in 2013 made a huge echo in the western world. In this discussion forum, we want to take a deeper look at the ethical issues in the global environment. Do American companies have a responsibility to ensure the health and safety of the workers who manufacture the clothing they sell although labor laws are not enforced in these countries? Please research recent news and give other examples. Are American firms committed to increasing labor standards in their host countries?

Voter turnout, or the percentage of eligible voters who actually exercise their vote, hovers around 50 percent in US presidential elections. And the turnout is much lower among those who are between the ages of 18 and 25. Discuss the reasons for why so many people do not bother to exercise their vote. Could it be that our political system with its Electoral College and two major parties makes an individual’s vote appear insignificant? And is it the belief that one vote doesn’t really matter that leads to mass social loafing? There is a list of factors that have been shown to reduce social loafing. Which ones could be applied to encourage more people to participate in elections? What in your opinion will be the impact of Internet voting on turnout among the young in future presidential elections?

Question 1

Fifteen golfers are randomly selected. The random variable represents the number of golfers who only play on the weekends. For this to be a binomial experiment, what assumption needs to be made?
   The probability of golfing on the weekend is the same for all golfers
   The probability of golfing during the week is the same for all golfers
   All fifteen golfers play during the week
   The probability of being selected is the same for all fifteen golfers
  
Question 2

A survey found that 39% of all gamers play video games on their smartphones. Ten frequent gamers are randomly selected. The random variable represents the number of frequent games who play video games on their smartphones. What is the value of n?
   0.39
   x, the counter
   0.10
   10

Question 3

Thirty-five percent of US adults have little confidence in their cars. You randomly select ten US adults. Find the probability that the number of US adults who have little confidence in their cars is (1) exactly six and then find the probability that it is (2) more than 7.
   (1) 0.069 (2) 0.005
   (1) 0.069 (2) 0.974
   (1) 0.021 (2) 0.005
   (1) 0.021 (2) 0.026
  
Question 4

Say a business wants to know if each salesperson is equally likely to make a sale. The company chooses 5 salespeople and gathers information on their sales experiences. What assumption must be made for this study’s probability results to be used in future binomial experiments?
   That for every 5 salespeople, the probability of making a sale is the same
   That the probability of each salesperson being one of the selected 5 is the same
   That 5% is the correct probability to use in future studies
   That the selected 5 have similar characteristics and sales areas as the other salespeople

Question 5

A soup company puts 12 ounces of soup in each can. The company has determined that 97% of cans have the correct amount. Which of the following describes a binomial experiment that would determine the probability that a case of 36 cans has all cans that are properly filled?
   n=36, p=0.97, x=36
   n=36, p=0.97, x=1
   n=12, p=0.36, x=97
   n=12, p=0.97, x=0
  
Question 6

A supplier must create metal rods that are 2.3 inches width to fit into the next step of production. Can a binomial experiment be used to determine the probability that the rods are the correct width or an incorrect width?
   No, as the probability of being about right could be different for each rod selected
   Yes, all production line quality questions are answered with binomial experiments
   No, as there are three possible outcomes, rather than two possible outcomes
   Yes, as each rod measured would have two outcomes: correct or incorrect
  
Question 7

In a box of 12 pens, there is one that does not work. Employees take pens as needed. The pens are returned once employees are done with them. You are the 5th employee to take a pen. Is this a binomial experiment?
   No, binomial does not include systematic selection such as “fifth”
   No, the probability of getting the broken pen changes as there is no replacement
   Yes, you are finding the probability of exactly 5 not being broken
   Yes, with replacement, the probability of getting the one that does not work is the same
  
Question 8

In a box of 12 pens, there is one that does not work. Employees take pens as needed. The pens are returned once employees are done with them. You are the 5th employee to take a pen. Is this a binomial experiment?
   No, binomial does not include systematic selection such as “fifth”
   No, the probability of getting the broken pen changes as there is no replacement
   Yes, you are finding the probability of exactly 5 not being broken
   Yes, with replacement, the probability of getting the one that does not work is the same
  
Question 9

Sixty-one percent of employees make judgments about their co-workers based on the cleanliness of their desk. You randomly select 8 employees and ask them if they judge co-workers based on this criterion. The random variable is the number of employees who judge their co-workers by cleanliness. Which outcomes of this binomial distribution would be considered unusual?
   0, 1, 7, 8
   0, 1, 2, 8
   1, 2, 8
   1, 2, 7, 8
  
Question 10

Sixty-eight percent of products come off the line within product specifications. Your quality control department selects 15 products randomly from the line each hour. Looking at the binomial distribution, if fewer than how many are within specifications would require that the production line be shut down (unusual) and repaired?
   Fewer than 8
   Fewer than 9
   Fewer than 11
   Fewer than 10

Question 11

The probability of a potential employee passing a drug test is 86%. If you selected 12 potential employees and gave them a drug test, how many would you expect to pass the test?
   8 employees
   9 employees
   10 employees
   11 employees
  
Question 12

Off the production line, there is a 3.7% chance that a candle is defective. If the company selected 45 candles off the line, what is the probability that fewer than 3 would be defective?
   0.975
   0.916
   0.768
   0.037

A currency speculator expects the spot rate of Euros to change from $1.20 to $.80 in one year. Assume the speculator has access to credit lines of USD 12,000,000 in the US and EUR 10,000,000 in Europe. The annual borrowing and lending rates are 6 percent in US and 8 percent in Europe. If his forecast turns out to be true, at the end of the one-year period, the speculator's expected profit will be?

In what way is health care a business? In what ways is it not? In what way is the business case in health care different from organizations in other sectors of the US economy? Do you believe the business case for diversity and cultural competence in health care is strong enough that leadership in US health care provider organizations should make strategic diversity management and cultural competence a high priority? .

Astronomers have argued for long time, what it means that the universe is expanding. The observations of redshift and supernova brightness all agree:galaxies that are further away from the Milky Way are moving away faster than than galaxies that are nearby us. But does this affect our lives on Earth? How does our knowledge of an expanding universe help us understand our place in the universe as people?