Mumps is a highly contagious viral infection that most often occurs in children, but can affect adults, particularly if they are living in shared living spaces such as college dormitories. It is most recognizable by the swelling of salivary glands at the side of the face under the ears, but earlier symptoms include headaches, fever, and joint pain. Suppose a college student at a university presents to a physician with symptoms of headaches, fever, and joint pain. Let A = {headaches, fever, and joint pain}, and suppose that the possible disease state of the patient can be partitioned into: B1 = normal, B2 = common cold, B3 = mumps. From clinical experience, the physician estimates P(A|Bi): P(A|B1) = 0.001, P(A|B2) = 0.70, P(A|B3) = 0.95. The physician, aware that some students have contracted the mumps, then estimates that for students at this university, P (B1) = 0.95, P (B2) = 0.025, and P (B3) = 0.025. Given the previous symptoms, which of the disease states is most likely?

Case study: The recent outbreak of novel coronavirus (COVID-19) has introduced new challenges to the business environment. It is also having an impact on the global economy with tourism, aviation, education, and hospitality the initially hardest-hit industries. Almost all global supply-chains are affected at some level. Realistically, many sectors will be affected to different degrees, with many organizations implementing policies to limit employee travel and to prepare employees to work from home if necessary and if possible, to ensure the safety of their employees. The outbreak is moving quickly, and most countries are trying to respond quickly to contain the impact. However, the spread of the virus may continue through 2020 and impact the operations of many industries for months to come.

taking any university as an example

Q. Critically analyze the required types of change to minimize the impact of the COVID 19 virus on the university. Then analyze which images of change management could be adopted by the change agent to manage such a situation. (maximum 800 words )

Food and Beverages at Northeastern University Football Games

Northeastern University (NEU), a large state college in Stephenville, Texas, 30 miles northeast of the Dallas/Fort Worth metroplex, enrolls close to 20,000 students. The school is the dominant force in the small city, with more students during fall and spring than permanent residents.

A longtime football powerhouse, NEU is a member of the Big Eleven conference and is usually in the top 20 in college football rankings. To bolster its chances of reaching the elusive and long-desired number-one ranking, in 2010 NEU hired the legendary Bo Pitterno as its head coach. Although the number one ranking remained out of reach, attendance at the five Saturday home games each year increased. Prior to Pitterno’s arrival, attendance generally averaged 25,000–29,000. Season ticket sales bumped up by 10,000 just with the announcement of the new coach’s arrival. Stephenville and NEU were ready to move to the big time!

With the growth in attendance came more fame, the need for a bigger stadium, and more complaints about seating, parking, long lines, and concession stand prices. Northeastern University’s president, Dr. Marty Starr, was concerned not only about the cost of expanding the existing stadium versus building a new stadium but also about the ancillary activities. He wanted to be sure that these various support activities generated revenue adequate to pay for themselves. Consequently, he wanted the parking lots, game programs, and food service to all be handled as profit centers. At a recent meeting discussing the new stadium, Starr told the stadium manager, Hank Maddux, to develop a break-even chart and related data for each of the centers. He instructed Maddux to have the food service area break-even report ready for the next meeting. After discussion with other facility managers and his subordinates, Maddux developed the following table showing the suggested selling prices, and his estimate of variable costs, and the percent revenue by item. It also provides an estimate of the percentage of the total revenues that would be expected for each of the items based on historical sales data.

Maddux’s fixed costs are interesting. He estimated that the prorated portion of the stadium cost would be as follows:

salaries for food services at $100,000 ($20,000 for each of the five home games); 2,400 square feet of stadium space at $2 per square foot per game; and six people per booth in each of the six booths for 5 hours at $7 an hour. These fixed costs will be proportionately allocated to each of the products based on the percentages provided in the table. For example, the revenue from soft drinks would be expected to cover 25% of the total fixed costs.

Maddux wants to be sure that he has a number of things for President Starr:

(1) the total fixed cost that must be covered at each of the games;

(2) the portion of the fixed cost allocated to each of the items;

(3) what his unit sales would be at break-even for each item—that is, what sales of soft drinks, coffee, hot dogs, and hamburgers are necessary to cover the portion of the fixed cost allocated to each of these items;

(4) what the dollar sales for each of these would be at these break-even points; and

(5) realistic sales estimates per attendee for attendance of 60,000 and 35,000. (In other words, he wants to know how many dollars each attendee is spending on food at his projected break-even sales at present and if attendance grows to 60,000.) He felt this last piece of information would be helpful to understand how realistic the assumptions of his model are, and this information could be compared with similar figures from previous seasons.

Discussion Question

1. Prepare a brief report with the items noted so it is ready for Dr. Starr at the next meeting.

Note: Answers should be in word version format please

University students should pay the full cost of their studies because a university education benefits individuals rather than society as a whole. To what extent do you agree or disagree with this opinion?

– Decide where you stand; agree or disagree. State in the thesis statement your stand.

– List out all the reasons on why you chose to agree/disagree ( 2,3 reasons is enough)

– Explain with example or facts all these reason

– Conclusion; restate your stand and summarise all the reason.

Case Study - Performance Management at the Yanbu University College Library
The Yanbu University College, Yanbu, was established in 2005. As in the case of many other modern university libraries worldwide that face resources challenges and the need to serve an increasingly diverse customer base, the YUC Library has implemented numerous initiatives. One such initiative is a performance management system. However, several of the components of the performance management process at the YUC library are in need of improvement. First, there is no evidence that a systematic job analysis was conducted for any of the jobs at the library. Second, the forms that the employees are rated on contain vague items such as “general behavior.” The forms include no specific definition of what “general behavior” is or examples explaining to employees (or managers) what would lead to a high or a low rating in this category. In addition, all library employees are rated on the same form, regardless of their job responsibilities. Third, there is no evidence that managers have worked with employees in setting mutually agreed-upon goals. Fourth, there is no formal or informal discussion of results and needed follow-up steps after the subordinates and managers complete their form. Not surprisingly, an employee survey revealed that more than 60% of the employees have never discussed their performance with their managers. Finally, employees are often rated by different people. For example, sometimes the head of the library rates an employee, even though he may not be in direct contact with that employee.
Based on the above description, please answer the following questions.
1.   Please identify one component in the performance management process at the YUC Library that has not been implemented effectively (there are several; choose only one).
2.   Describe how the poor implementation of the specific component you have chosen has a negative impact on the flow of the performance management process as a whole.
3.   Discuss what should be done to improve the implementation of the component you have chosen in question 1.
Note: Each Answer should be of Minimum 100 Words

Financing Building Costs of Saint Louis University:

Saint Louis University is building a $13,000,000 office and classroom building in St. Louis in Missouri, and is planning to finance the construction at an 80% loan-to-value ratio, meaning that the borrowed money corresponds to 80% of the value of the building. The balance of 20% will be paid in cash up front. This loan has a ten-year maturity, calls for monthly payments, and is contracted at an interest rate of 7%.

Using the above information, answer the following questions.

1.  What is the monthly payment?

Answer:

2.  Using the provided Excel file, construct the amortization table in the spread "Sheet2".

3.  How much of the first payment is interest?

Answer:

4.  How much of the first payment is principal?

Answer:

5.  How much will Saint Louis University owe on this loan after making monthly payments for three years (the amount owed immediately after the thirty-sixth payment)?

Answer:

6.  Should this loan be refinanced after three years with a new seven-year 6% loan, if the cost to refinance is $210,000? (This means that the refinance cost must be added to the owed amount at the end of three years). To make this decision, calculate the new loan payments and then the present value of the difference in the loan payments.

Answer:

7.  Returning to the original ten-year 7% loan, how much is the loan payment if these payments are scheduled for quarterly rather than monthly payments?

Answer:

8.  For this loan with quarterly payments, how much will Saint Louis University owe on this loan after making quarterly payments for three years (the amount owed immediately after the twelfth payment)? (Hint: you can use the provided Excel file and do the estimations in the spread "Sheet3")

Answer:

9.  What is the effective annual rate (EAR) on the original ten-year 7% loan?

Answer:

10. For the original ten-year 7% loan, how much is paid in interest over the entire life of the loan?

Answer:

11. For the ten-year 7% loan, what is the total construction cost including financial cost?

Answer:

Write it on an excel spreadsheet showing the formulas.

A university proposed a parking fee increase. The university administration recommended gradually increasing the daily parking fee on this campus from $6.00 in the year 2004, by an increase of 8% every year after that. Call this plan A. Several other plans were also proposed; one of them, plan B, recommended that every year after 2004 the rate be increased by 60 cents.

a. Let t=0 for year 2004 and fill in the chart for parking fees under plans A and B.

Round your answers for the values under Plan A to two decimal places, and enter the exact answers for the values under Plan B.

b. Write an equation for parking fees FA as a function of t (years since 2004) for plan A and an equation FB for plan B.

Enter the exact answers.

FA=

Edit

FB=

Edit

c. What will the daily parking fee be by the year 2025 under each plan?

Round your answer for the value under Plan A to two decimal places, and enter the exact answer for the value under Plan B.

Under plan A, the daily parking fee in the year 2025 with be $.

Under plan B, the daily parking fee in the year 2025 with be $.

d. Imagine that you are the student representative to the Board of Trustees. Which plan would you recommend for adoption?

For students,

Plan APlan B

is less expensive over the next  years, so it should be recommended.

Re word this paragraph please

Apple is an OLIGOPOLY which is a state of limited competition, which a market is shared by a small number of producers or sellers.

Apple is also MONOPOLISTIC COMPETITION which is a situation exceeding in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of the individual buyers and sellers

• Apple Inc. is considered an Oligopoly and Monopolistic Competition because of there being more competitors and also with the company maintaining its position in the market because its too costly or difficult for other rivals to enter, thus meaning there are entry barriers.

• Large consumer base making it hard for other companies to get customers to switch products
• People who buy Apple products usually continue to buy Apple products because of the trust in the product making it harder for other companies to garner attention
• Cost is also an entry barrier by the large amount of money it would be to completely switch brands
• Apple ties all its products together through applications like itunes and icloud making a greater incentive to buy more

A closely held corporation sought to repurchase 25 percent of its outstanding shares from one of its shareholders. The corporation and the shareholder agreed that the corporation would purchase all of the shareholder’s stock at a price of $500,000, payable $100,000 immediately in cash and the balance in four consecutive annual installments. The state’s incorporation statute provides: “A corporation may purchase its own shares only out of earned surplus but the corporation may make no purchase of shares when it is insolvent or when such purchase would make it insolvent.” At the time of the repurchase of the shares, the corporation had an earned surplus of $250,000.

What are the arguments that the repurchase of shares satisfied the incorporation statute?

What are the arguments that the repurchase of the shares did not satisfy the incorporation statute?