Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 16,500 students are enrolled on campus; however, the admissions office is forecasting a 8 percent growth in the student body despite a tuition hike to $85 per credit hour. The following additional information has been gathered from an examination of university records and conversations with university officials:

• WSU is planning to award 200 tuition-free scholarships.
• The average class has 20 students, and the typical student takes 15 credit hours each semester. Each class is three credit hours.
• WSU’s faculty members are evaluated on the basis of teaching, research, and university and community service. Each faculty member teaches five classes during the academic year.

1.Prepare a tuition revenue budget for the upcoming academic year.

2.Determine the number of faculty members needed to cover classes.

3. Assume there is a shortage of full-time faculty members. Select at least five actions that WSU might take to accommodate the growing student body by selecting an "X" next to the action.

4.You have been requested by the university’s administrative vice president (AVP) to construct budgets for other areas of operation (e.g., the library, grounds, dormitories, and maintenance). The AVP noted: “The most important resource of the university is its faculty. Now that you know the number of faculty needed, you can prepare the other budgets. Faculty members are indeed the key driver—without them we don’t operate.” Are faculty members a key driver in preparing budgets? Yes or No?

Chapter 10
6. Test H₀: 8 versus H_A: > 8, given = 0.01, n = 25, = 8.13 and s = 0.3. Assume the sample is selected from a normally distributed population.

7. Test H₀: π = 0.25 versus H_A: π 0.25 with p = 0.33 and n = 100 at alpha = 0.05 and 0.10.

8. Test at α = 0.01 the hypothesis that a majority (more than 50%) of students favor the plus/minus grading system at a university if in a random sample of 500 students, 285 favor the system?

9. Test whether the sample evidence indicates that the average time an employee stays with a company in their current positions is less than 3 years when a random sample of 64 employees yielded a mean of 2.76 years and s = 0.8. Use = 0.01. Assume normal distribution.

Chapter 10
6. Test H₀: 8 versus H_A: > 8, given = 0.01, n = 25, = 8.13 and s = 0.3. Assume the sample is selected from a normally distributed population.

7. Test H₀: π = 0.25 versus H_A: π 0.25 with p = 0.33 and n = 100 at alpha = 0.05 and 0.10.

8. Test at α = 0.01 the hypothesis that a majority (more than 50%) of students favor the plus/minus grading system at a university if in a random sample of 500 students, 285 favor the system?

9. Test whether the sample evidence indicates that the average time an employee stays with a company in their current positions is less than 3 years when a random sample of 64 employees yielded a mean of 2.76 years and s = 0.8. Use = 0.01. Assume normal distribution.

University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developing). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each.

The following data appear in the company records for the current period:

Required:

Allocate the service department costs using the reciprocal method. (Matrix algebra is not required because there are only two service departments.)

Find and analyze an article (first published in the last 28 days) about some topic dealing with nutrition and/or exercise addressing a hypothesis. This can come from a newspaper, magazine or other periodical.Analyze the article and address the following:

1. What hypothesis was tested?

2. How was it tested?

3. Was the hypothesis supported or rejected?

4. Is the sponsor of the science mentioned? This could be a university where research was conducted, a company that supplied funding, etc. Do you think the sponsor may have influenced the science? By that I mean do you think the source of funding could lead to a conflict of interest?

5. What are some implications of this research?

6. What could you do if you wanted to find out more about the topic? Be more specific.

You need to write 5-8 sentences per paragraph for a total of 20-32 sentences overall.

Case A: From Dragon’s Den Manjit Minhas is a Canadian entrepreneur, television personality and venture capitalist. She is the co-founder of Minhas Breweries & Distillery, manufacturer of beer brands such as Mountain Crest Classic Lager, Boxer Lager, Lazy Mutt Ale and Huber Bock. She specializes in marketing with interests in branding and sales. Your Task: You are an entrepreneur and CEO who sees Manjit Minhas as a possible investor in your brewery located in North Cyprus called Five Fingers Mountain Brewery. Your brewery has been in business for one year and you are having troubles with finding qualified brewers and marketing your specialty beer. Choose two business strategies for convincing Manjit Minhas to invest in your company. Decide on how much money you need and what percentage of the equity you are offering Manjit Minhas. Consider whether you are you in a strong or weak BATNA position for convincing Manjit Minhas to invest in your brewery. How does culture play a role in your strategy?

BATNA (Best Alternative to a Negotiated Agreement):

There are two possibilities for the buyer and seller roles—

• a weak BATNA (buyer needs a car now, and seller needs to sell the car now), and

• a strong BATNA (buyer has other alternatives, and seller is considering keeping the car)

Essay Writing Structure for Essay

Essay Topic: The Dragon’s Den case

I am looking for specific business ideas, your evidence, and your reasons for negotiating the situation in the Dragon’s Den case. If you can tie in a cultural aspect, great! As I said in class, "Remember that you may not need to answer every question in the case." You need to write 5-8 sentences per paragraph for a total of 20-32 sentences overall.

Try applying the following format/structure for your essay. Of course, creativity of ideas is your part. You would not write an essay using the same language every time. For example, the topic sentences provided are not the only topics to talk about the problem in the case. You need to adjust the paragraph's information according to your own ideas. Since I gave you an introduction, it may be hard to change it into your own words at this point…but please try.

In the introduction, describe your company, decide on how much money you need and what percentage of the equity you are offering. In the body of the essay, for paragraph 2 describe the problem at your company, what you have in place at this time, and your future projections (Considerations: personal investment to date, previous sales records, sales projections, and your technical knowledge or expertise.) In paragraph 3, discuss the advantages for Minhas if she invests in your company. In the conclusion, provide a summary reiterating why a Minhas should invest in your company.

Introduction paragraph and thesis statement (idea and format) (5-8 sentences): Locals and tourists in North Cyprus consume beer at our local restaurant, cafes and bars. Five Fingers Mountain Brewery is a local brewery that is having hiring troubles finding skilled labor in North Cyprus. In the case presented, Minhas has vast experience in the brewery industry. As the CEO of Five Fingers, I am offering her 15% equity in my company for £40,000. This paper is going to discuss a strategic plan that addresses the cultural and business aspects for pitching a deal to Minhas for financial support in Five Fingers Mountain Brewery.

Supporting paragraph 1 topic sentence and body structure (5-8 sentences): Hiring skilled and qualified brewers for Five Fingers Mountain Brewery is a challenge. Add four sentences that address why it is difficult to hire employees in North Cyprus. Include a sentence with a reason why the evidence is important. Then state, “Based on the previous reasons, this places me in a weak negotiating position” and add a sentence or two on how you can be in a strong position.

Supporting paragraph 2 topic sentence idea (5-8 sentences): In the case presented, being aware of one's negotiating position is an advantage when pitching a deal to Minhas for a partnership with Five Fingers Mountain Brewery. Add 4 more sentences in support of how you will accomplish the task by describing her advantages for investing in your company.

Concluding paragraph's topic sentence idea (5-8 sentences): This essay presented both the weak and strong positions for Five Fingers Mountain Brewery to negotiate a partnership with Manjit Minhas. Add 4 more sentences by summarizing the advantages and disadvantages in a business and cultural aspect. The final sentence includes an optimistic outlook for the future.

You need to write 5-8 sentences per paragraph for a total of 20-32 sentences overall.

Case A: From Dragon’s Den Manjit Minhas is a Canadian entrepreneur, television personality and venture capitalist. She is the co-founder of Minhas Breweries & Distillery, manufacturer of beer brands such as Mountain Crest Classic Lager, Boxer Lager, Lazy Mutt Ale and Huber Bock. She specializes in marketing with interests in branding and sales. Your Task: You are an entrepreneur and CEO who sees Manjit Minhas as a possible investor in your brewery located in North Cyprus called Five Fingers Mountain Brewery. Your brewery has been in business for one year and you are having troubles with finding qualified brewers and marketing your specialty beer. Choose two business strategies for convincing Manjit Minhas to invest in your company. Decide on how much money you need and what percentage of the equity you are offering Manjit Minhas. Consider whether you are you in a strong or weak BATNA position for convincing Manjit Minhas to invest in your brewery. How does culture play a role in your strategy?

BATNA (Best Alternative to a Negotiated Agreement):

There are two possibilities for the buyer and seller roles—

• a weak BATNA (buyer needs a car now, and seller needs to sell the car now), and

• a strong BATNA (buyer has other alternatives, and seller is considering keeping the car)

Essay Writing Structure for Essay

Essay Topic: The Dragon’s Den case

I am looking for specific business ideas, your evidence, and your reasons for negotiating the situation in the Dragon’s Den case. If you can tie in a cultural aspect, great! As I said in class, "Remember that you may not need to answer every question in the case." You need to write 5-8 sentences per paragraph for a total of 20-32 sentences overall.

Try applying the following format/structure for your essay. Of course, creativity of ideas is your part. You would not write an essay using the same language every time. For example, the topic sentences provided are not the only topics to talk about the problem in the case. You need to adjust the paragraph's information according to your own ideas. Since I gave you an introduction, it may be hard to change it into your own words at this point…but please try.

In the introduction, describe your company, decide on how much money you need and what percentage of the equity you are offering. In the body of the essay, for paragraph 2 describe the problem at your company, what you have in place at this time, and your future projections (Considerations: personal investment to date, previous sales records, sales projections, and your technical knowledge or expertise.) In paragraph 3, discuss the advantages for Minhas if she invests in your company. In the conclusion, provide a summary reiterating why a Minhas should invest in your company.

Introduction paragraph and thesis statement (idea and format) (5-8 sentences): Locals and tourists in North Cyprus consume beer at our local restaurant, cafes and bars. Five Fingers Mountain Brewery is a local brewery that is having hiring troubles finding skilled labor in North Cyprus. In the case presented, Minhas has vast experience in the brewery industry. As the CEO of Five Fingers, I am offering her 15% equity in my company for £40,000. This paper is going to discuss a strategic plan that addresses the cultural and business aspects for pitching a deal to Minhas for financial support in Five Fingers Mountain Brewery.

Supporting paragraph 1 topic sentence and body structure (5-8 sentences): Hiring skilled and qualified brewers for Five Fingers Mountain Brewery is a challenge. Add four sentences that address why it is difficult to hire employees in North Cyprus. Include a sentence with a reason why the evidence is important. Then state, “Based on the previous reasons, this places me in a weak negotiating position” and add a sentence or two on how you can be in a strong position.

Supporting paragraph 2 topic sentence idea (5-8 sentences): In the case presented, being aware of one's negotiating position is an advantage when pitching a deal to Minhas for a partnership with Five Fingers Mountain Brewery. Add 4 more sentences in support of how you will accomplish the task by describing her advantages for investing in your company.

Concluding paragraph's topic sentence idea (5-8 sentences): This essay presented both the weak and strong positions for Five Fingers Mountain Brewery to negotiate a partnership with Manjit Minhas. Add 4 more sentences by summarizing the advantages and disadvantages in a business and cultural aspect. The final sentence includes an optimistic outlook for the future.

Business Law
1) United Express is spending several Million dollars on an advertising campaign about how environmentally responsible the company is. the ads showcase the company's new all electric fleet of delivery vans. The CEO of United Express is negotiating with several airlines for the purchase of used passenger jets that will be converted by carry backage. the problem is that these 20-30 year old aircraft pollute ten times more than newer modern jets. Does United Express have an ethical issue to deal with? briefly explain.

A winery decided to raise capital through IPO. The company has 1000 shares outstanding, and each was valued at $100. CEO proposed to issue 1000 more shares. The IB set the offering price at $100 a share, the shares opened at $100, and quickly jumped to $130, the closing price on the first day of trading was $110. What was the underpricing? What is the total market value of equity in the winery after the IPO?

10%, 210 000?

30%, 210 000?

30%, 220 000?

10%, 220 000?

Your consulting firm has been hired by an important European-based multinational conglomerate, ' GKY Group'. The Group has required assistance for designing its long term global strategy.

The CEO, Mr. Lundberg, is particularly interested in understanding the long term growth potential of the U.S economy. Until now his company has had an aggressive expansion strategy in the U.S. This strategy has been based on a combination of acquisitions of smaller competitions, as well as major investment in expanding the group's own U.S plants.