Disney's Hannah Montana: The Movie opened in April 2009. The ticket sales revenue ($) for a sample of theaters is below. Use it to answer/do the following. 20,200 8,350 10,750 13,900 13,185 10,150 7,300 6,240 4,200 21,400
(a) Estimate the average ticket sales revenue.
(b) Develop a 90% confidence interval for the mean in (a).
(c) Develop a 95% confidence interval for the mean in (a).
(d) Develop a 99% confidence interval for the mean in (a).
(e) If ticket prices were $7.16 on average, estimate the mean number of customers per theater.
(f) The movie was shown in 3,118 theaters. Estimate the number of people who saw the movie
In: Statistics and Probability
In: Finance
what exactly does Levitt mean by "Marketing myopia"? Does it strike certain industries only? To quote Levitt, "in truth there is no such thing as a growth industry." CHALLENGE THIS ASSERTION. Levitt builds his case of a myopic view taken by the railroad, movie theater and oil industries reviewing four conditions that are the centerpiece of his work... What are they? c. Levitt argues that......."the historic fate of one growth industry after another has been its suicidal product provincialism" What does this mean? d. Finally, do you feel that today in the 21st century, Marketing Myopia is a thing of the past? Yes or No? Explain with examples
In: Operations Management
Several commentators believe that Apple Inc. (Apple) exemplifies how multinational technology companies have exploited tax codes that were written for an industrial age and are unsuitable for the modern world’s digital economy (Duhigg and Kocieniewski 2012). Some earnings at corporations like Apple are not created from tangible products, but rather from intellectual property, such as the patents on the software that makes electronic equipment operate. In other cases, the merchandise items themselves are digital, such as downloadable music. It takes far less effort for companies with revenue earned primarily from royalties and digital merchandise to transfer earnings to tax haven nations than for companies in other industries, such as retail or automotive. Downloadable software or apps can be sold from any location in the world (Duhigg and Kocieniewski 2013). The increase in digital business creates a problem for legislators worldwide in the regulation of the taxation of multinational corporations; despite the fact that technology is now one of the most important industries, numerous technology corporations are among the least taxed. Even in comparison to other technology firms, Apple’s tax rates are relatively low. And even though Apple has helped to recreate industrial sectors, sparked business expansion, and has satisfied consumers, it has also designed corporate policies that exploit weaknesses in the tax regulations. Many major companies try to lower taxes. For Apple, the potential tax savings are particularly attractive, as its earnings are so high. Apple has set up corporations in lower tax countries, such as Ireland and the British Virgin Islands, which has helped to reduce its worldwide taxes. These practices are drawing increasing scrutiny from members of the U.S. Senate, foreign governments, and supranational organizations, such as the Organisation for Economic Co-operation and Development Although Apple is headquartered in the United States, the majority of its profits are reported to be from overseas operations. While Apple uses foreign manufacturing companies to make many of its products, most of the company’s officers, product engineers, marketing, R&D, and stores are located in the United States. A New York Times article reported that ‘‘even though 54 percent of Apple’s long-term assets, 69 percent of its retail stores, and 39 percent of its sales are in the United States, Apple’s accountants have found legal ways to allocate about 70 percent of its profits overseas, where tax rates are often much lower’’ (Duhigg and Kocieniewski 2012). The basic infrastructure of U.S. international tax policy was established in 1962. The transfer-pricing rules, which allow Apple to earn royalties in low-tax jurisdictions, were reviewed and revised in 1986 (Sapirie 2012). By exploiting weak U.S. transfer-pricing rules, Apple decreases its federal taxes by billions of dollars. The following two sections examine several of the 1. Summarize the global situation and the ethical dilemma of Apple in term of tax? 2. As a consultant to Apple Inc. what alternatives does the company have going forward regarding their tax strategies? 3. What would you recommend to the executive team. 4. What do you recommend the company do about their tax strategies going forward?
In: Accounting
In: Economics
In: Economics
Santa Clara Electronics, Inc. of California currently exports 1,000,000 electric switches per year to the Argentina under an import agreement that expires in five years. In the Argentina, the imported switches are currently sold for peso equivalent of $75 per set. Santa Clara’s costs, including shipping, are $50 per set, and its current pre-tax profit is $25 per set. Similar costs and prices would occur in Argentine production. The market for this type of switch in the Argentina is stable (neither growing nor shrinking, and Santa Clara holds the major portion of this market.
The Argentine government has invited Santa Clara to open an assembly plant so that imported switches can be replaced by local production. If Santa Clara makes the investment, it will operate the plant for 5 years and then sell the building and equipment to Argentine investors for $5,000,000. Santa Clara will be allowed to repatriate all net income and depreciation to the US at the end of each year. Santa Clara traditionally evaluates all foreign investments in U.S. dollar terms.
Investment: Santa Clara’s anticipated outlay in 2020, expressed in US dollars and sufficient for the full five years, would be:
Building and Equipment $40,000,000
Working Capital $10,000,000
Total Outlay $50,000,000
All investment outlays will be made in 2020, and all operating cash flows will occur at the end of years 2021 through 2025.
Depreciation: Building and equipment will be depreciated over five years on a straight-line basis to a $5,000,000 salvage value. At the end of the fifth year, the $10,000,000 of net working capital may be repatriated to the United States, as may the remaining net book value (salvage value) of the plant.
Exchange Rates: The Argentine peso (Ps) is currently at parity (US$1 = APs1) and is expected to remain at this level for the next five years.
Sales: Locally manufactured switches will be sold APs75 each. Sales volume will remain 1,000,000 switches per year for the next five years.
Operating Expenses (current peso costs):
Materials purchased in Argentina Aps30 per set
Material imported from US parent Aps20 per set
Total variable costs Aps50 per set
The Aps20 purchase price for components sold by Santa Clara to its Argentine subsidiary consists of Aps15 of direct costs incurred in the United States and Aps5 of pretax contribution margin to Santa Clara. These peso costs (and profits) are expected to remain constant. Other operating costs include APs 5,000,000 in annual fixed operating costs by the Argentine subsidiary.
Taxes: Both the Argentina and the United States have a corporate income tax rate of 40 percent.
Concessionary Loan: The Argentine government will assist Santa Clara’s local financing by provided a subsidized loan of 50 million peso loan. The loan will be a five-year amortizing loan (with annual payments) bearing an interest rate of 5 percent. Without the loan, Santa Clara’s normal borrowing rate would be 10 percent.
Cost of Capital: Upstate uses a 15 percent discount rate to evaluate all domestic and foreign projects.
Estimate the value of the project’s cash accruing to the parent.
|
-$26,935,125 |
||
|
-$12,932,540 |
||
|
-$16,672,196 |
||
|
-$34,027,351 |
||
|
-$20,662,714 |
In: Finance
Question 1- The two primary pathways through which media coverage shapes what people think are:
A-Group of answer choices
B-priming and framing
C-advertising and position taking
D-authoritativeness and opinion leadership
E-yellow journalism and issue leadership
F-subliminal messages and ad hominim coverage
Question 2
Which of the following is NOT a reason that print newspapers remain an important source of news in the United States today?
A-The broadcast media primarily cover stories already "broken" by the print media.
B-The print media provide more detailed coverage than the broadcast media.
C-The print media arrive at most homes in the mornings, while most people do not watch the news until the evening.
D-The print media are the prime source of news for educated and influential individuals.
E-Print news is more profitable than broadcast news.
Question 3 - In international affairs, conservatism has come to mean support for:
A -arms control
B -aid to poor nations
C-maximizing international cooperation
D-maintaining American military power
E-Canada
Question 4- The incumbent president loses the chance for a second term in office because voters are unsatisfied with the current state of the economy. In this case, the voters employed:
speculative voting
prospective voting
retrospective voting
contemporaneous voting
reckless voting
Question 5- A type of electoral process in which a candidate must receive more than 50 percent of all votes cast in the relevant district to win a seat in a legislative body is:
a majority system
a plurality system
a minority system
proportional representation
a Borda count system
Question 6;
The U.S. House of Representatives is an example of a legislative body with representatives selected from:
Group of answer choices
single-member districts
multimember districts
state legislatures
one-representative districts
unirepresentational districts
Question 7-
In 1965, the Mississippi state legislature redrew House district lines so that blacks living along the Mississippi River Delta would no longer constitute a majority across any single district. This strategy to dilute the strength of racial minorities is also known as:
bridging
reapportionment
gerrymandering
party mongering
partisan warfare
Question 8 -
The critical years during which voter turnout declined across the United States were between:
1840 and 1864
1890 and 1910
1930 and 1950
1980 and 2004
1800 and 1820
Question 9-
A multiple-member district system that allows each political party to participate in governance according to its percentage of the vote is a(n) __________ system.
majority
plurality
minority
proportional representation
Arrow's
Question 10-
Which of the following is NOT a reason that the secret ballot has enjoyed widespread use in the United States since the late nineteenth century?
The secret ballot helps prevent vote buying.
The secret ballot helps prevent voter intimidation.
The secret ballot improves voter turnout.
The secret ballot reduces political corrupution.
The secret ballot minimizes voter fraud.
In: Economics
Please read and review the text below and rewrite them using different words and concept..
All cultures are different in various ways. A behavior or aspect of one’s culture that may seem appropriate in one culture may be seen as a cultural implication in another. Cultural implication can be seen in a wide range of different ways including semantics, word connotations, tone differences, and differences in perception. I will find differences when comparing the national cultures of Japan and the United States. Globalization has produced more interactions among individuals from various background and culture than previously. Individuals are nowadays more open-minded in the marketplace globally with stiff competition emerging from almost all places in the world. Diversity can cause problems to organizations and also be a solution to some problems. The challenge is to remove the very core of diversity and strategically manage it for the enhancement of the organization and people. This paper will address the impacts of cultural diversity in an organization and the tools needed for effectively managing cultural diversity.
The Differences in the United States and Japan’s Corporate world stems from each nations culture, principles and beliefs. Japanese perceive their existence as a brief instant in a long chronicle of mankind. Cultural beliefs influence an individual’s behavior. Americans are comfortable networking with unfamiliar people and are confident making contact with their potential colleagues to acquire data. In the united states the belief is that people should look after self and family and should not put faith in authorities for support.
The Japanese culture believe in having a tightly knitted network in which people strongly distinguish things between their own groups, such as relatives, clans, organizations. Within culture of Japan it is easily shown that the people categorize themselves into clans it is seen even the entertainment industry in Japan the value of a last name in the culture is high. “Individualism exists when people define themselves primarily as separate individuals and make their main commitment to themselves” (Adler, Gunderson). Meaning when basically how a person views themselves as priority to others. Individualism implies weakly implemented social networks in which everyone is solely concerned with themselves. It is a trait most commonly subjugated towards Americans. Japanese on the other hand are considered to be on the exact opposite end, as they believe more so into collectivism. “Collectivist hold common goals and object, not individual goals that focus primarily on self-interest” (Adler, Gunderson). Collectivism characterizes such cultures as the Japanese, the people there truly believe that the will of the group should determine members specific behaviors and beliefs.
The career stability made due to the level of uncertainty avoidance contributes to the career success and quality of life. The idea of the group always being more important everyone strives together to better an organization, so they tend to grow as a whole within their company. Most organizations in Japan compare themselves to other groups creating a competitive market against one another that in total creates the level of success, everyone has the same goal in the organization to do better, so they sacrifice their personal needs for their career in ordinance to build up their organization. The Japanese quality of life is represented by the level of success made so they prioritize everything in life towards making a successful career wherever they go.
In: Operations Management
Read "Activity 3.2. In many instances, members of the dominant group have invisible privileges. After completing the inventory, what are your overall thoughts about the situations listed? Did you find anything surprising? Do you feel as if anything is missing from the list? If yes, what?
Activity 3.2 Sample Privilege Inventory (adapted from McIntosh, 1998)
Following are some of the invisible privileges that members of various dominant groups carry. Compare your situation with those listed here. Place a check mark next to those that are accurate for you.— I can go into any home or building because I can be sure that it will be physically accessible to me. (I do not need ramps or lifts or wide doors.)— When I am told about our national heritage or about “civilization,” I am shown that people of my color (or gender) made it what it is. Almost all of our presidents have been my race and gender.— I can do well in a challenging situation without being called a credit to my race (or gender). — I can walk on a public path alone and not be afraid that I might be sexually assaulted.— I can easily buy posters, postcards, picture books, greeting cards, dolls, toys, and children’s magazines featuring mostly people of my own race or sexual orientation.— I can go home from most meetings of organizations to which I belong feeling somewhat connected rather than isolated, out of place, outnumbered, unheard, held at a distance, or feared.— Most of the time, I can arrange to protect my children from people who might not like them. I did not need to teach my children about racism or heterosexism for their own daily protection.— If I need medical care, I have a range of facilities and physicians who will accept my insurance.
— If I want to marry someone I love, I can be sure that we are legally entitled to do so anywhere in the United States and that we will have all of the rights and protections afforded to married couples.— I can worship as I wish and help my faith community build a worship center anywhere we would like without fear or opposition from neighbors.— Those who have been able to afford the high costs of legal and/or medical training, those who are the CEOs of the largest companies and the presidents of universities, are usually people of my race.— When it comes to my native language, I can be almost positive people will understand me when I speak, forms and signs will use my language, and people won’t question whether I am in the United States legally.— If I am laughing with friends on a street at night, or talking loudly in a parking lot, it is not assumed that I am dangerous or a member of a gang.— I live in a home or apartment in a relatively safe neighborhood.— Poor race relations in the United States are not attributed to my race’s criminal behavior, despite a history of race-related breaking of laws by whites over the entire span of Anglo-European life on this continent.Now comment on what you thought, felt, and noticed as a result of this inventory.
In: Psychology