A Case of Growing Pains
When he first opened his own business, Dionysus loved it. He went
to work early in the morning and did not leave until after 9.00P.M.
To spend time with his family, he would take off a few hours in the
afternoon and then return to the store after supper, staying until
closing time. When he was away from the store in the late
afternoon, part-time personnel handled the operation. That was five
years ago. Since then, Dionysusâs business has grown tremendously.
Now he employs eight full-time people and sells seven times as much
as he did originally. With this increase in business, however, have
come a lot of headaches. In particular, Dionysus has to make many
more decisions than he did before. Additionally, although he wants
to get his employees involved in the decision-making process and
not do all of the work himself, he feels he must do many tasks on
his own. He does not believe he can delegate much authority. For
example, Dionysus still makes all of the decisions regarding
purchasing, pricing, advertising, hiring, and merchandise display,
and he still sells goods in the store. Recently, Dionysus went to
the doctor for his annual physical. The doctor told him he was
working too hard and had to start slowing down. âYouâve been
running that store singlehanded for as long as I can remember,â the
doctor said. âYouâve got lots of help in the store. Start relying
on them to help you out.â Dionysus did not disagree. The doctor
offered good advice, and Dionysus knows the has to start delegating
more authority and getting out of the actual hustle-bustle of daily
activity. However, this worries him. A few months ago, he tried
turning over more work to his employees and staying in the
background. During that time, he concerned himself with the overall
operation of the store and left the minor day-to-day business to
the staff. But Dionysus was bored with this side of the operation.
He wants to be active-active role in the business, not just to sit
in the sidelines. Second, he wants to be in the forefront of the
action, like he always has been. Dionysus does not know how to
resolve this dilemma. He would like to maintain his level of
involvement at the shop but realizes that, for health reasons, this
is inadvisable. However, to
be a manager in the true sense of the word seems boring to
him.
Source: Adapted from Kuratko, D.F & Hornsby, J.S. (2009). âNew
Venture Management: The
Entrepreneurâs Roadmapâ. New Jersey: Pearson International
Edition.
Your consultation: Answer all questions
1. Help Dionysus by explain the key unique challenges of growing a
venture and how
important delegation is for growth.
2. Next, explain the key elements in the growth stage that Dionysus
should understand.
3. Finally, recommend a way that Dionysus can implement the
transactional process from
entrepreneurial style to managerial style during the growth
stage.
In: Operations Management
Question 1
The Covid-19 pandemic in the first half of 2020 has significantly
changed the business
landscape globally and locally. Businesses struggle to survive and
share prices of companies
continue to tumble.
This situation, however, presents good investment opportunities for
PropThrive Pte Ltd
(PropThrive). PropThrive is an investment holding company which
invests in companies with
strong fundamentals and promising growth opportunities. Given the
current depressed share
prices, the Chief Investment Officer (CIO) thinks that now is a
good time to buy into shares of
such companies.
You have recently been recruited as a financial analyst of
PropThrive. You report to Peter Tan,
one of the two investment strategists of PropThrive. In a recent
meeting you attended with
Peter, both the CIO and the Chief Financial Officer (CFO) have
identified Kitchen Culture
Holdings Ltd. (Kitchen Culture) as a promising investment target.
Their rationale was that
despite the continuing losses experienced by Kitchen Culture, it
has a strong reputation.
Moreover, the pandemic has kept the people around the world indoor
more and this trend is
here to stay. People tend to cook more when they stay indoor and
consequently, the demand
for good quality kitchen appliances will continue to rise.
The CFO and CIO have requested you and Peter Tan to examine and
report to them on the
performance and financial position of Kitchen Culture. Your report
should include a full
analysis and preliminary conclusion to be used by the CFO and CIO
in their investment
decision.
Peter Tan has requested that you obtain the two most recent annual
reports of Kitchen Culture
that include the financial statements for the financial periods
ended 30 June 2019 (FY2019),
30 June 2018 (FY2018) and 30 June 2017 (FY2017) respectively, and
any other relevant
materials of Kitchen Culture to start helping him to analyse and
draft the report.
As this is the first time you are preparing such a report, Peter
Tan has given you some advice
which you should heed. You are free to decide the relevant
financial tools to use for your
analysis and assessment. As this is a formal report, the contents
should be succinct and
professional. You should also use a proper format and limit your
word count to no more than
1,000. All detailed computations, tables and charts should be in
appendices to avoid distracting
readers from the main key points.
Peter also advised you that unless unavailable, all information,
data and documents should be
obtained from reliable sources like the Singapore Exchange website.
This is the url link to the
said website:
https://www.sgx.com/securities/annual-reports-related-documents.
Peter has also
furnished the SGInvestors.io website url for you to obtain the
share prices of listed companies
in Singapore: https://sginvestors.io/sgx/stock-listing/alpha.
Required:
Peter specified that the report must include the following
components:
(a) Analyse and discuss the profitability; liquidity and
efficiency; and solvency of Kitchen
Culture.
(b) Appraise whether Kitchen Culture is a good investment option
and state your
preliminary conclusion. Besides the quantitative data, you should
also use qualitative
information to support your preliminary conclusion.
what exactly is qualitativea analysis?
In: Economics
Q1) One-Sample t-Test (21 points total)
I am curious about how many hours per week my students spend on their online coursework. So, I surveyed 9 of my students on how many hours per week they spend on my online PSY 230 course. According to a survey of online college students (in all courses), students studied an average of 9 hours a week for a 3-credit course. I assume that the national study time scores are normally distributed, and I set the significance level at α = .05.
|
Student |
Study hours |
|
1 |
12 |
|
2 |
19 |
|
3 |
21 |
|
4 |
14 |
|
5 |
11 |
|
6 |
9 |
|
7 |
12 |
|
8 |
10 |
|
9 |
7 |
In: Statistics and Probability
data
| Therapy | Medication | Score |
| Cog | Zoloft | 54 |
| Cog | Zoloft | 42 |
| Cog | Zoloft | 50 |
| Cog | Zoloft | 47 |
| Cog | Zoloft | 48 |
| Cog | Zoloft | 44 |
| Cog | Prozac | 70 |
| Cog | Prozac | 68 |
| Cog | Prozac | 66 |
| Cog | Prozac | 61 |
| Cog | Prozac | 61 |
| Cog | Prozac | 40 |
| Cog | Lexapro | 54 |
| Cog | Lexapro | 52 |
| Cog | Lexapro | 55 |
| Cog | Lexapro | 54 |
| Cog | Lexapro | 58 |
| Cog | Lexapro | 54 |
| Assert | Zoloft | 30 |
| Assert | Zoloft | 35 |
| Assert | Zoloft | 34 |
| Assert | Zoloft | 35 |
| Assert | Zoloft | 36 |
| Assert | Zoloft | 38 |
| Assert | Prozac | 50 |
| Assert | Prozac | 54 |
| Assert | Prozac | 55 |
| Assert | Prozac | 54 |
| Assert | Prozac | 55 |
| Assert | Prozac | 58 |
| Assert | Lexapro | 68 |
| Assert | Lexapro | 70 |
| Assert | Lexapro | 62 |
| Assert | Lexapro | 62 |
| Assert | Lexapro | 54 |
| Assert | Lexapro | 56 |
USE R to do it will soon, and if you use r, could you give me a code
Suppose that a clinical psychologist is interested in comparing
the relative effectiveness of two forms of psychotherapy
(cognitive-behavioral and assertiveness training) in combination
with three different medications (Zoloft, Prozac, and Lexapro) for
alleviating depression. Thirty-six individuals are randomly sampled
and randomly assigned a combination of treatment. The Depression
Scale of MMPI serves as the response (score). The goal is to lower
the score.
(a) Write out the initial hypotheses to be tested in words.
(b) Write out the appropriate statistical model and explain all
terms. (Let i be associated with therapy)
(c) Construct an interaction plot where medication is the âtrace
factorâ. Based on the plot, does there appear to be evidence of an
interaction? Hint: Since there are 3 different medications, youâll
have to modify the following arguments for the code in R for the
interaction plot to ensure that all 3 types of medication the are
plotted. Note that you can use any number in the pch argument and
any colors in the col argument. You will need to save this as a
PDF, Word doc, or png.
The code here is for two levels: pch=c(1,2), col = c("red",
"blue")
What can you do for three levels?
(d) Calculate the degrees of freedom for each term including the
residual. Make sure to show work on how you calculated the degrees
of freedom. Source Degrees of Freedom
Note: The sample size is 36
(e) Obtain the ANOVA table in R and confirm the degrees of freedom
you reported in part (d). Should the main effects or simple effects
be analyzed?
(f) Based on your answer above, report the appropriate results. If
the main effects are appropriate, specify the estimated difference
in average score for the therapies and/or medications along with
the corresponding 95% confidence intervals for those which are
statistically different. If the simple effects are appropriate,
provide the estimated difference in average scores at a given type
therapy along with the corresponding 95% confidence intervals for
those which are statistically different.
(g) If a psychiatrist is currently using assertiveness training
with a patient and currently has access to Prozac, should they
switch their patient to using Prozac instead of Lexapro? Justify
your answer
In: Statistics and Probability
The Marburg Colloquy, 1529 The Hessian Chancellor Feige: My gracious prince and lord [Landgrave Philip of Hesse] has summoned you for the express and urgent purpose of settling the dispute over the sacrament of the Lordâs Supper.... Let everyone on both sides present his arguments in a spirit of moderation.... Now then, Doctor Luther, you may proceed. Luther: Noble prince, gracious lord! Undoubtedly the colloquy is well intentioned.... Although I have no intention of changing my mind, which is firmly made up, I will nevertheless present the grounds of my belief and show where the others are in error.... Your basic contentions are these: In the last analysis you wish to prove that a body cannot be in two places at once, and you produce arguments about the unlimited body which are based on natural reason. I do not question how Christ can be God and man and how the two natures can be joined. For God is more powerful than all our ideas, and we must submit to his word. Prove that Christâs body is not there where the Scripture says, âThis is my body!â Rational proofs I will not listen to.... It is God who commands, âTake, eat, this is my body.â I request, therefore, valid scriptural proof to the contrary. Zwingli: I insist that the words of the Lordâs Supper must be figurative. This is ever apparent, and even required by the article of faith: âtaken up into heaven, seated at the right hand of the Father.â Otherwise, it would be absurd to look for him in the Lordâs Supper at the same time that Christ is telling us that he is in heaven. One and the same body cannot possibly be in different places.... Luther: I call upon you as before: your basic contentions are shaky. Give way, and give glory to God! Zwingli: And we call upon you to give glory to God and to quit begging the question! The issue at stake is this: Where is the proof of your position? I am willing to consider your words carefullyâno harm meant! Youâre trying to outwit me.... Youâll have to sing another tune. Luther: Youâre being obnoxious. Zwingli: (excitedly) Donât you believe that Christ was attempting in John 6 to help those who did not understand? Luther: Youâre trying to dominate things! You insist on passing judgment! Leave that to someone else! ... It is your point that must be proved, not mine. But let us stop this sort of thing. It serves no purpose. Zwingli: It certainly does! It is for you to prove that the passage in John 6 speaks of a physical repast. Luther: You express yourself poorly and make about as much progress as a cane standing in a corner. Youâre going nowhere. Zwingli: No, no, no! This is the passage that will break your neck! Luther: Donât be so sure of yourself. Necks donât break this way. Youâre in Hesse, not Switzerland.
How did the positions of Zwingli and Luther on the sacrament of the Lordâs Supper differ? What was the purpose of this debate? Based on this example, why do you think Reformation debates led to further hostility rather than compromise and unity between religious and sectarian opponents? What implications did this have for the future of the Protestant Reformation?
In: Economics
Part #2: Creating a table
Background: Prior to storing data in a RDBMS, a table with suitable schema must be created.
Exercise: Create a table with your ID (e.g.: derricker) with the following procedure
|
mysql> CREATE TABLE id ( id INTEGER NOT NULL, name VARCHAR(64) NOT NULL, email VARCHAR(32) NOT NULL, PRIMARY KEY (id) ); |
|
F |
NOTE: You will need to complete this part of the exercises successfully prior to proceeding with remainder of this exercise. So, if you get error messages ensure you get help from your instructor to resolve the error. |
Part #3: Insert some data into your table
Background: One of the key operations of working with a database is inserting new values into the database. This is accomplished using SQL insert statement.
Exercise: Insert sample data into your ID table that you created in the previous step with the following command:
|
INSERT INTO id (id, name, email) VALUES (100, 'John Doe', '[email protected]'); |
|
id |
name |
|
|
200 |
'Mary Doe' |
|
|
300 |
'James Bond' |
|
|
400 |
'Superman' |
|
F |
NOTE: You will need to complete this part of the exercises successfully prior to proceeding with remainder of this exercise. So if you get error messages ensure you get help from your instructor to resolve the error. |
Part #4: Experiment with SQL queries
Background: Querying data using SQL involves coding suitable SELECT statements with necessary columns and conditions.
Exercise: Using the SELECT statements discussed in class, code the SQL statement for the following queries:
In: Computer Science
Curve-fitting Project - Linear Model
Instructions
For this assignment, collect data exhibiting a relatively linear trend, find the line of best fit, plot the data and the line, interpret the slope, and use the linear equation to make a prediction. Also, find r2 (coefficient of determination) and r (correlation coefficient). Discuss your findings. Your topic may be that is related to sports, your work, a hobby, or something you find interesting. If you choose, you may use the suggestions described below.
A Linear Model Example and Technology Tips are provided in separate documents.
Tasks for Linear Regression Model (LR)
(LR-1) Describe your topic, provide your data, and cite your
source. Collect at least 8 data points. Label
appropriately. (Highly recommended:
Post this information in the Linear Model Project discussion as
well as in your completed project. Include a brief
informative description in the title of your posting. Each
student must use different data.)
The idea with the discussion posting is two-fold: (1) To share your
interesting project idea with your classmates, and (2) To give me a
chance to give you a brief thumbs-up or thumbs-down about your
proposed topic and data. Sometimes students get off on the wrong
foot or misunderstand the intent of the project, and your posting
provides an opportunity for some feedback. Remark: Students
may choose similar topics, but must have different
data sets. For example, several students may be interested
in a particular Olympic sport, and that is fine, but they must
collect different data, perhaps from different events or different
gender.
(LR-2) Plot the points (x, y) to obtain a scatterplot. Use an appropriate scale on the horizontal and vertical axes and be sure to label carefully. Visually judge whether the data points exhibit a relatively linear trend. (If so, proceed. If not, try a different topic or data set.)
(LR-3) Find the line of best fit (regression line) and graph it on the scatterplot. State the equation of the line.
(LR-4) State the slope of the line of best fit. Carefully interpret the meaning of the slope in a sentence or two.
(LR-5) Find and state the value of r2, the coefficient of determination, and r, the correlation coefficient. Discuss your findings in a few sentences. Is r positive or negative? Why? Is a line a good curve to fit to this data? Why or why not? Is the linear relationship very strong, moderately strong, weak, or nonexistent?
(LR-6) Choose a value of interest and use the line of best fit to make an estimate or prediction. Show calculation work.
(LR-7) Write a brief narrative of a paragraph or two. Summarize your findings and be sure to mention any aspect of the linear model project (topic, data, scatterplot, line, r, or estimate, etc.) that you found particularly important or interesting.
You may submit all of your project in one document or a combination of documents, which may consist of word processing documents or spreadsheets or scanned handwritten work, provided it is clearly labeled where each task can be found. Be sure to include your name. Projects are graded on the basis of completeness, correctness, ease in locating all of the checklist items, and strength of the narrative portions.
In: Advanced Math
A psychologist conducted an experiment analysing the relationship between student scores in an exam and the amount of attention they paid in class. The latter was measured using a type of brain monitor. The Psychologist believed that scores would increase by 1 for every two unit increase in attention. The data are listed in the excel spreadsheet.
Estimate a linear regression between the score (Y) and the measure of attention(X).
(a) Write out the equation for Y in the form , but with coefficients. Show the estimated standard errors in parenthesis below the coefficients. What is the R2 of the regression? Calculate a 99 percent confidence interval for ÎČ. [5 pts]
(b) What are the mean and the estimated standard deviation of the estimated residuals? [2 pts]
Hint: the first answer is definitional and the second answer is easily seen from the output.
(c )Test the hypothesis that there is no relationship between the variables at the 90 percent significance level. [3 pts]
(d) Test the hypothesis that the coefficient ÎČ=0.5 at the 99% significance level. [3 pts]
(e) The Psychologist concluded from the experiment that test scores increase significantly if students pay attention in class. In one word, how would you describe the results of this experiment based on the data you have? [2 pts]
DATA:
| Regression data for Psychology Experiment | |||
| Attention | Score | ||
| 18 | 80 | ||
| 35 | 90 | ||
| 86 | 80 | ||
| 22 | 50 | ||
| 72 | 76 | ||
| 102 | 74 | ||
| 86 | 75 | ||
| 30 | 80 | ||
| 35 | 85 | ||
| 94 | 82 | ||
| 16 | 80 | ||
| 42 | 41 | ||
| 50 | 50 | ||
| 96 | 96 | ||
| 60 | 80 | ||
| 106 | 70 | ||
| 80 | 65 | ||
| 14 | 14 | ||
| 11 | 14 | ||
| 80 | 85 | ||
| 12 | 14 | ||
| 37 | 43 | ||
| 26 | 80 | ||
| 86 | 70 | ||
| 5 | 20 | ||
| 17 | 20 | ||
| 35 | 80 | ||
| 76 | 68 | ||
| 50 | 70 | ||
| 15 | 16 | ||
| 90 | 86 | ||
| 96 | 80 | ||
| 7 | 16 | ||
| 10 | 14 | ||
| 35 | 65 | ||
| 88 | 88 | ||
| 20 | 32 | ||
| 22 | 70 | ||
| 50 | 65 | ||
| 22 | 62 | ||
| 35 | 50 | ||
| 64 | 92 | ||
| 68 | 84 | ||
| 13 | 15 | ||
| 102 | 102 | ||
| 86 | 85 | ||
| 18 | 24 | ||
| 78 | 64 | ||
| 98 | 78 | ||
| 70 | 80 | ||
| 60 | 70 | ||
| 98 | 98 | ||
| 9 | 14 | ||
| 50 | 90 | ||
| 104 | 72 | ||
| 35 | 45 | ||
| 60 | 60 | ||
| 74 | 72 | ||
| 88 | 88 | ||
| 80 | 95 | ||
| 22 | 58 | ||
| 8 | 14 | ||
| 86 | 110 | ||
| 60 | 75 | ||
| 92 | 84 | ||
| 60 | 100 | ||
| 80 | 75 | ||
| 86 | 95 | ||
| 16 | 18 | ||
| 86 | 90 | ||
| 35 | 75 | ||
| 35 | 60 | ||
| 80 | 60 | ||
| 80 | 70 | ||
| 104 | 104 | ||
| 80 | 100 | ||
| 60 | 90 | ||
| 86 | 100 | ||
| 62 | 96 | ||
| 60 | 65 | ||
| 39 | 41 | ||
| 50 | 80 | ||
| 50 | 75 | ||
| 6 | 18 | ||
| 60 | 95 | ||
| 22 | 54 | ||
| 21 | 40 | ||
| 100 | 100 | ||
| 94 | 94 | ||
| 80 | 90 | ||
| 48 | 41 | ||
| 106 | 106 | ||
| 50 | 43 | ||
| 46 | 41 | ||
| 90 | 90 | ||
| 60 | 85 | ||
| 92 | 92 | ||
| 22 | 80 | ||
| 35 | 70 | ||
| 66 | 88 | ||
| 80 | 60 | ||
| 50 | 60 | ||
| 80 | 80 | ||
| 100 | 76 | ||
| 50 | 45 | ||
| 86 | 65 | ||
| 19 | 28 | ||
| 50 | 85 | ||
| 22 | 75 | ||
| 86 | 105 | ||
In: Statistics and Probability
Question 3
Amritha Singh is a middle manager with Coaster Plus Ltd (Coasters), a company that designs and manufactures roller coasters for amusement parks across North America. She has been appointed one of the project managers for the design and delivery of a special roller coaster for the Ultimate Park Ltd, an American customer. A major component of the project is the steel tracking, and one possible source is Trackers Canada Ltd (Trackers). Amrithaâs supervisor has asked her to negotiate the necessary contract. Amritha began negotiations with Jason Hughes. Jason is a representative of Trackers, the steel tracking manufacturer willing to supply tracking to Coasters, Amrithaâs employer. Amritha provided Jason with the plans and specifications for the roller coaster, and they negotiated a number of points, including price, delivery dates, and tracking quality. A short time later, Jason offered to sell Coasters a total of 900 metres of track in accordance with the plans and specifications provided. Jasonâs offer contained, among other matter, the purchase price ($1.5 million), delivery date, terms of payment, insurance obligations concerning the track, and a series of warranties related to the quality and performance of the tracking to be supplied. There was also a clause, inserted at Amrithaâs express request, which required Trackers to pay $5000 to Coasters for every day it was late in delivering the tracking.
After renewing the offer several days, Amritha for several days, Amritha contacted Jason and said, âYou drive a hard bargain, and there are aspects of your offer that Iâm not entirely happy with. However, I accept your offer on behalf of my company. Iâm looking forward to doing business with you.â
Within a month, Trackers faced a 20% increase in manufacturing costs owing to an unexpected shortage in steel. Jason contacted Amritha to explain this development and worried aloud that without an agreement from Coasters to pay 20% more for the tracking, Trackers would be unable to make its delivery date. Amritha received instructions from her supervisor to agree to the increased purchase price in order to ensure timely delivery. Amritha communicated this news to Jason, who thanked her profusely for being so cooperative and understanding.
Jason kept his word and the tracking was delivered on time. However, Coasters has now determined that its profit margin on the American deal is lower than expected, and it is looking for ways to cut costs Amritha is told by her boss to let Jason know that Coasters will not be paying the 20% price increase and will remit payment only in the amount set out in the contract. Jason and Trackers are stunned by this development.
Applying the relevant principle(s) of contract law discuss the following questions:
a) Whether the negotiations between Jason and Amritha have legal consequences. (3 marks)
b) Discuss specific applicable ways by which each party mentioned above could have avoided the contract and as well as the implications of each way identified. (4 marks)
c) Discuss the consequences of the instruction of Amrithaâs boss to the effect that Coasters will not be paying the 20% price increase and will remit payment only in the amount set out in the contract. (4 marks)
In: Economics
Objectives:
The objectives of this lab exercise are to:
Specifications:
This is a four-part exercise.
i. x = 7 + 3 * 6 / 2 â 1
x = ________
ii. x = 2 % 2 + 2 * 2 â 2 / 2
x = ________
iii. x = ( 3 * 9 * ( 3 + ( 9 * 3 / 3 ) ) )
x = ________
Input three different integers separated by <enters>:
13
27
14
Sum is 54
Average is 18
Product is 4914
Smallest is 13
Largest is 27
Discussion:
In addition to the documentation requirements specified in lab 1, first write the entire program in pseudocode as comments. When necessary place a comment to the right of complicated lines to clarify your code to the reader. Further, comments should not merely repeat what is obvious from a program statement. For example, avoid what follows. This statement below adds nothing to understanding what the statement does or what its purpose is within the program:
Sum = Sum + 1 # Add 1 to Sum Ă A totally worthless comment!
Deliverable(s):
Your deliverable should be a Word document with screenshots showing the sample code you have created, and discuss the issues that you had for this project related to AWS and/or Python IDE and how you solved them.
Turn in your source code listings for the programs developed above. Include screen shots of the results from running the programs you developed for three (3) sets of test data (for each program). Choose your test cases carefully so they reflect good values to test all aspects of your solutions.
In: Computer Science