Questions
Create Dummy variables for the 12 months of the year. Which months have the most substantial...

Create Dummy variables for the 12 months of the year.

Which months have the most substantial effect on Sales? Provide analysis output

Time Sales
1 15
2 16
3 12
4 11
5 7
6 9
7 11
8 16
9 19
10 22
11 27
12 27
13 28
14 25
15 23
16 23
17 23
18 25
19 26
20 26
21 31
22 35
23 38
24 39

In: Statistics and Probability

We use the t distribution to construct a confidence interval for the population mean when the...

We use the t distribution to construct a confidence interval for the population mean when the underlying population standard deviation is not known. Under the assumption that the population is normally distributed, find tα∕2,df for the following scenarios. Use Table 2. (Round your answers to 3 decimal places.) tα/2,df a. A 90% confidence level and a sample of 9 observations. b. A 95% confidence level and a sample of 9 observations. c. A 90% confidence level and a sample of 27 observations. d. A 95% confidence level and a sample of 27 observations.

In: Statistics and Probability

A frequency distribution for the ages of randomly selected 27 students taking a statistics course in...

A frequency distribution for the ages of randomly selected 27 students taking a statistics course in a college is given below. a. Make a relative frequency histogram for the data. Label axes and units. b. What is the shape of the distribution? c. Compute the sample mean d. Use information from (c) to fill in the blanks in the following statement: In the sample of 27 students taking statistics, the average age of a student is about _______.

Age Frequency

18 4

19 5

20 7  

21 3

22 4

23 2

24 0

25 1

26 1

In: Statistics and Probability

For the stress data given below with the nearest error of 1: 27-17-11-24-36-13-29-22-18 23-30-12-46-17-32-48-11-18 18-32-26-24-38-24-15-13-13 18-21-27-20-16-15-37-19-19...

For the stress data given below with the nearest error of 1:

27-17-11-24-36-13-29-22-18

23-30-12-46-17-32-48-11-18

18-32-26-24-38-24-15-13-13

18-21-27-20-16-15-37-19-19

a) Construct a frequency distribution table.

b) Construct the three types of statistical graphs.

c) Determine the (1) Mean, (2) Median, (3) Mode, (4) Range,

Variance, and (6) Standard Deviation.

In: Mechanical Engineering

As the marketing manager of a major franchise, your job will be to perform the daily...

As the marketing manager of a major franchise, your job will be to perform the daily tasks of a marketing manager.

Select one of the franchise companies below for which you would like to be Marketing Manager.

Edible Arrangements® - Edible fruit baskets – Creates fresh fruit arrangements and gourmet chocolate dipped fruit to order.

Cartridge World® - Cartridge Company - carries a complete line of both inkjet and toner printer cartridges. Offers both remanufactured and Original Brand (OEM) ink and toner cartridges for nearly all brands of printers, copiers, fax and postage machines.

Liberty Tax Service® - Taxes – provides tax service to both consumers and businesses.

Im going with Edible Arrangements-Edible Fruit Baskets

Assumptions

-Your plan is to aggressively go after the consumer and business market creating dual revenue streams. Your marketing strategy, research marketing mix and customer relationship marketing will be different for both groups.

In this scenario, you will be responsible for conducting the following tasks:

-Observing and analyzing market trends

-Examining competitors' products and services

-Investigating ways of improving existing products and services, and increasing profitability

-Identifying target markets and developing strategies to communicate with them

Assignment

There are two parts to this Assignment so be sure to complete both parts.

Part 1: The Consumer and Business Market

Write a brief paragraph that answers the following questions. (This should not be in Question/Answer format).

-Which company did you choose as your focus in this Marketing Management Assignment?

-Where are the company's headquarters located?

-What is the mission statement of the company you chose to study?

-The previous marketing manager developed an advertising campaign before the marketing strategy. How could this advertising campaign potentially create problems for the product?

Part 2: Marketing Strategy Planning

In preparation for your first presentation to the CEO of the organization, you will create a 3–5 page paper.

You will examine how the 3 C’s (customer targets, competitors, customer value proposition) and 4 P’s (Product, Price, Place, and Promotion) of marketing strategy influence marketing decisions about how you can increase purchases to consumers and increase purchases for business-to-business.

Your goal is to complete the consumer and business-to-business marketing strategy planning document. Using the bolded words as subheadings for each response as seen in the PDF of this Assignment, answer the following:

1. SMART Goals

a. S.M.A.R.T. Goals are:

i. Specific as to what exactly you want to accomplish and why.

ii. Measurable: How will you measure the results, or know when you have achieved the desired result?

iii. Achievable: They should be goals that allow for some challenge without exceeding ability. They should have an action verb like create, or recommend, decide, demonstrate, reduce, increase, etc.

iv. Relevant: The goals need to be relevant to your overall business objectives and realistic in terms of your budget, the economic climate etc.

v. Time frame: Provide a time frame to achieve the goals.

vi. Example: Increase revenues by 10% over the next 2 quarters of 2015.

b. Using the SMART acronym, list several objectives you wish to accomplish.

3. The 3 C’s of marketing strategy:Customer Targets: Discuss the customer targets (target market), you should have at least two. Provide for the CEO a more specific description of which customers you (the marketing manager) want to persuade to buy the product or service. Competitors: For each customer target, identify a competitor (brand or company) that may be able to provide the customer target a like product that would appeal to them. Value Proposition: What do you see as the value proposition? What are reasons for customers to purchase your brand/product. Summarize into a single paragraph.

4. The 4 P’s of marketing strategy: Marketing Mix for the Consumer Market: Describe each of the 4 P’s as it applies to consumers that would purchase your product

a. Product

b. Price

c. Place

d. Promotion

5. Marketing Mix: Business-to-Business Market: Describe each of the 4 P's as it applies to business that would purchase your product.

a. Product

b. Price

c. Place

d. Promotion

6. Competitive Advantage: Using one (or more) of the competitive advantages below, describe the components of this advantage and why customers will perceive them as an advantage for your product or service over its competitors’.

1. Cost-based advantage

2. Price-based advantage

3. Quality-based advantage

4. Differentiation advantage

5. Perceived quality advantage

6. Brand-based advantage

7. Product Life Cycle: Discuss the company’s products in The Product Life Cycle (PLC). Why do you think they are in that stage? Do you think there is any possibility of changing the current stage of the Product Life Cycle? For instance, if current products are in the maturity stage, what can the company do to have products in the Introduction or Growth stage?

8. Increase Purchases: Consumers: Thinking of your consumer target market, how can you get current customers of the product or service to buy more?

9. Increase Purchases: Business-to-Business: Thinking of your business-to-business target market, how can you get current customers of the product or service to buy more?

In: Operations Management

A. The Boxwood Company sells blankets for $31 each. The following was taken from the inventory...

A.

The Boxwood Company sells blankets for $31 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1.

Date Blankets Units Cost
May 3     Purchase 27

$16

10     Sale 11
17     Purchase 40

$18

20     Sale 19
23     Sale 5
30     Purchase 29

$19

Assuming that the company uses the perpetual inventory system, determine the gross profit for the sale of May 23 using the FIFO inventory cost method.

a.$65

b.$256

c.$90

d.$310

B.

The Boxwood Company sells blankets for $37 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1.

Date Blankets Units Cost
May 3     Purchase 11

$14

10     Sale 4
17     Purchase 11

$18

20     Sale 8
23     Sale 3
30     Purchase 9

$19

Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the sale of May 20 using the FIFO inventory cost method.

a.$242

b.$116

c.$200

d.$140

C.

The following units of an inventory item were available for sale during the year.

Beginning inventory 10 units at $55
First purchase 25 units at $60
Second purchase 30 units at $65
Third purchase 15 units at $70

The firm uses the periodic inventory system. During the year, 60 units of the item were sold.

The ending inventory cost using LIFO is

a.$1,250

b.$1,350

c.$1,375

d.$1,150

In: Accounting

The accountant for Runner Holdings Ltd. has prepared the following table in order to explain to...

The accountant for Runner Holdings Ltd. has prepared the following table in order to explain to the company’s board of directors the transactions that caused various investment accounts to increase and decrease during the past year. The company uses the fair value through profit or loss model for all held for trading investments, the equity method for investments in associates, and the cost method for equity investments that are not traded actively and have no determinable fair value.

Held for Trading
Investments
Investments
in Associates
Long-term
Investments
(at cost)
Balance, beginning of year $54,100 $256,200 $28,500
Dividends earned and received 900 7,700 900
Interest earned and received 1,400 0 0
Realized gain (loss) 4,300 0 (2,200 )
Unrealized gain (loss) (3,300 ) (8,000 ) 2,000
Proceeds received on sale of investment 9,100 0 7,000
Share of income (loss) (3,600 ) 21,400 2,800
Balance, end of year $62,900 $277,300 $39,000


Although each of the amounts in the above table is correct, in determining the balance at the end of the year, the accountant may have included amounts that should not be included and may have added rather than subtracted (or vice versa) amounts.

Prepare a revised table and calculate the correct year-end balances in the three investment accounts. (If an amount reduces the account balance then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Held for
Trading
Investments
Investments
in
Associates
Long-term
Investments
(at cost)
Balance, beginning of year $ $ $
Unrealized loss
Dividends earned and received
Share of income
Carrying amount of investments sold
Balance, end of year $ $ $

  

  

Prepare a table showing the amounts that would be reported on the income statement. (If an amount reduces the account balance then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Held for
Trading
Investments
Investments
in
Associates
Long-term
Investments
(at cost)
Income from associates $ $ $
Interest revenue
Dividend revenue
Realized gain on held for trading investments
Realized loss on long-term investments
Unrealized loss on held for trading investments
$ $ $

In: Accounting

IBM 120 Winter 2020- products and service development for global market Question 1 – A low-cost...

IBM 120 Winter 2020- products and service development for global market

Question 1 – A low-cost furniture company relies on its customers to assemble their products. Give some examples in which the company is not fulfilling the “Duty of Care” liability and Negligence. Explain the differences.

425-450 word answer

In: Operations Management

a companys number of days to collect is higher than the length of credit period. Analyst...

a companys number of days to collect is higher than the length of credit period. Analyst might conclude

A. Customers dissatisfied with the product or service

b. company effictively managing its recievables.

C. company has begun estimating amount of uncollectibles using percentage of sales rather than aging the recievables

In: Accounting

For much of the past century, the conflict between Israelis and Palestinians has been a defining...

For much of the past century, the conflict between Israelis and Palestinians has
been a defining feature of the Middle East. Despite billions of dollars expended to
support, oppose, or seek to resolve it, the conflict has endured for decades, with
periodic violent eruptions, of which the Israel-Gaza confrontation in the summer of
2014 is only the most recent.
This executive summary highlights findings from a study by a team of RAND
researchers that estimates the net costs and benefits over the next ten years of five
alternative trajectories — a two-state solution, coordinated unilateral withdrawal,
uncoordinated unilateral withdrawal, nonviolent resistance, and violent uprising —
compared with the costs and benefits of a continuing impasse that evolves in
accordance with present trends. The analysis focuses on economic costs related to
the conflict, including the economic costs of security. In addition, intangible costs
are briefly examined, and the costs of each scenario to the international community
have been calculated.
The economy of the Palestinian Territory was a viable and thriving one before the
occupation in June 1967. It generated significant production and income that
sustained a growing population of 1 million people and generated a gross domestic
product (GDP) per capita of about $1,349 in 2004 prices, which was sufficient for it
to be considered a lower-middle-income economy at that time. Tragically, it has
become a land on the verge of economic and humanitarian collapse.
In 2014, the GDP growth rate in the Palestinian Territory turned negative, for the
first time since 2006. The Gaza Strip is becoming increasingly unliveable and could
become totally unliveable by 2020. According to the Palestinian Central Bureau of
Statistics, the unemployment rate in Gaza was 45 per cent in 2014, with over 63
per cent of Gaza’s young people unemployed, which is the highest rate in the world.
Female unemployment in the Palestinian Territory was around 40 per cent and
more than 60 per cent in Gaza. Nearly 40 per cent of Palestinians live below the
poverty line. Clean water is a rarity, with at least 90 per cent of Gaza’s water supply
unfit for human consumption. Electricity in Gaza is also sporadic and unreliable,
available only four to six hours a day, and a properly functioning sewage treatment
system no longer exists.
Seven key findings were identified (1): A two-state solution provides by far the best
economic outcomes for both Israelis and Palestinians. Israelis would gain over two
times more than the Palestinians in absolute terms — $123 billion versus $50
billion over ten years. But the Palestinians would gain more proportionately, with
average per capita income increasing by approximately 36 percent over what it
would have been in 2024, versus 5 percent for the average Israeli. A return to
violence would have profoundly negative economic consequences for both Palestinians and Israelis; per capita gross domestic product would fall by 46
percent in the West Bank and Gaza and by 10 percent in Israel by 2024. In most
scenarios, the value of economic opportunities gained or lost by both parties is
much larger than expected changes in direct costs. Unilateral withdrawal by Israel
from the West Bank would impose large economic costs on Israelis unless the
international community shoulders a substantial portion of the costs of relocating
settlers. Intangible factors, such as each party's security and sovereignty
aspirations, are critical considerations in understanding and resolving the impasse.
Taking advantage of the economic opportunities of a two-state solution would
require substantial investments from the public and private sectors of the
international community and from both parties.

9. What was the approximate gross domestic production (in RS.) in year 2004? (1$ =
73.25 INR)
(a) 877078.50 (b) 988142.5 (c) 978650.25 (d) 967892.5
10.The total population of the Palestinian Territory increased by 20% over a decade
from 2004, out of which 75% of the people lived in Gaza. Also, if 60% of Gaza’s
population is considered to be young then the total number of persons who are not
young but are still unemployed are: (Consider all the people who live outside Gaza
as employed)
(a) 65000
(b) 64000
(c) 64800
(d) None of these

In: Accounting