"The rules of engagement for running a company that is people-based like Starbucks, and so many other companies: you just can not [sic] continue to leave your people behind and only focus on shareholder value," CEO Howard Schultz told CNN's Poppy Harlow (Wallace, 2014).
In: Operations Management
The table below shows three different technologies used to produce various levels of output.
|
Output |
Tech 1 |
Tech 2 |
Tech 3 |
|||
|
K |
L |
K |
L |
K |
L |
|
|
1 |
6 |
1 |
4 |
4 |
2 |
7 |
|
2 |
7 |
3 |
6 |
6 |
3 |
10 |
|
3 |
9 |
5 |
8 |
8 |
4 |
14 |
|
4 |
12 |
7 |
10 |
10 |
5 |
20 |
|
5 |
15 |
9 |
12 |
12 |
6 |
26 |
|
6 |
21 |
11 |
14 |
14 |
7 |
32 |
(a) In general, which technology is the most desirable?
(b) Which technology will be chosen if the firm wishes to produce 1 unit of output, the price of capital is $4 per unit, and the price of labor is $2 per unit?
(c) Will this still be cheapest if the input prices change to $3 and $3, respectively?
(d) Will this still be cheapest if the input prices change to $2 and $4, respectively?
(e) For each of the three sets of prices in (b), (c), and (d) above, establish which technology is the cheapest for each output level.
In: Economics
One of the most impressive, innovative advances in online
fundraising over the past decade is the rise of crowd-funding
websites. While features differ from site to site, crowd-funding
sites are websites that allow you to set up an online fundraising
campaign based around a fundraising page, and accept money
directly from that page using the website's own credit card
processor. A certain crowd-funding website reported that 127 of
347 technology crowd-funding projects were successfully launched
in the past year and 347 of 882 film and video crowd-funding
projects were successfully launched in the past year. Complete
parts (a) through (c) below.
a. Is there evidence of a significant difference in the proportion
of technology crowd-funding projects and film and video
crowd-funding projects that were successful? (Use alpha =
0.1.)
State the null and alternative hypotheses, where pi 1 is the
population proportion of successful technology crowd-funding
projects and pi 2 is the population proportion of successful film
and video crowd-funding projects.
In: Statistics and Probability
One of the most impressive, innovative advances in online
fundraising over the past decade is the rise of crowd-funding
websites. While features differ from site to site, crowd-funding
sites are websites that allow you to set up an online fundraising
campaign based around a fundraising page, and accept money
directly from that page using the website's own credit card
processor. A certain crowd-funding website reported that 127 of
347 technology crowd-funding projects were successfully launched
in the past year and 347 of 882 film and video crowd-funding
projects were successfully launched in the past year. Complete
parts (a) through (c) below.
a. Is there evidence of a significant difference in the proportion
of technology crowd-funding projects and film and video
crowd-funding projects that were successful? (Use alpha =
0.1.)
State the null and alternative hypotheses, where pi 1 is the
population proportion of successful technology crowd-funding
projects and pi 2 is the population proportion of successful film
and video crowd-funding projects.
In: Statistics and Probability
The data in TECHPRO.sav, obtained from Business Week’s (June 22, 2006) technology section, represents typical salaries of technology professionals in 13 metropolitan areas for 2003 and 2005. Suppose you want to determine if the mean salary of technology professionals at all US. Metropolitan areas have increased between 2003 and 2005.
(a) Set up the null and alternative hypothesis for the test.
(f) Conduct the appropriate test and provide your conclusion. More specifically, I want you to examine whether the null hypothesis should be rejected by analyzing the data with SPSS. alpha=0.05
DATA SET:
|
AREA |
SAL 2003 |
Sal 2005 |
|
Silicon Valley |
87.7 |
85.9 |
|
New York |
78.6 |
80.3 |
|
Washington, D.C. |
71.4 |
77.4 |
|
Los Angeles |
70.8 |
77.1 |
|
Denver |
73.0 |
77.1 |
|
Boston |
76.3 |
80.1 |
|
Atlanta |
73.6 |
73.2 |
|
Chicago |
71.1 |
73.0 |
|
Philadelphia |
69.5 |
69.8 |
|
San Diego |
69.0 |
77.1 |
|
Seattle |
71.0 |
66.9 |
|
Dallas-Ft. Worth |
73.0 |
71.0 |
|
Detroit |
62.3 |
64.1 |
In: Statistics and Probability
The data in TECHPRO.sav, obtained from Business Week’s (June 22, 2006) technology section, represents typical salaries of technology professionals in 13 metropolitan areas for 2003 and 2005. Suppose you want to determine if the mean salary of technology professionals at all US. Metropolitan areas have increased between 2003 and 2005.
(a) Set up the null and alternative hypothesis for the test.
(f) Conduct the appropriate test and provide your conclusion. More specifically, I want you to examine whether the null hypothesis should be rejected by analyzing the data with SPSS. alpha=0.05
DATA SET:
|
AREA |
SAL 2003 |
Sal 2005 |
|
Silicon Valley |
87.7 |
85.9 |
|
New York |
78.6 |
80.3 |
|
Washington, D.C. |
71.4 |
77.4 |
|
Los Angeles |
70.8 |
77.1 |
|
Denver |
73.0 |
77.1 |
|
Boston |
76.3 |
80.1 |
|
Atlanta |
73.6 |
73.2 |
|
Chicago |
71.1 |
73.0 |
|
Philadelphia |
69.5 |
69.8 |
|
San Diego |
69.0 |
77.1 |
|
Seattle |
71.0 |
66.9 |
|
Dallas-Ft. Worth |
73.0 |
71.0 |
|
Detroit |
62.3 |
64.1 |
In: Statistics and Probability
Perfect competition requires that first are always competing to improve technology, lower costs, and strive for profits. That means that old technology, and markets, get destroyed. Watch this video creative destruction. https://youtu.be/8N08Kkjq9gA
Identify a product that has been fundamentally changed due to creative destruction (not one mentioned in the video). Explain how the negative impacts are often more visible than the positive impacts.
Example:
VHS tapes, and VHS rental stores such as BlockBuster Video have been replaced with Redbox and streaming services. The visible impact is that many who were employed in renting videos are displaced. Further, those who produced physical VHS tapes and those who transported them to the stores saw a decline in demand for their services.
However, from a societal perspective, we're now able to watch our videos and use the labor that was previously used in the VHS market to produce something else valuable for society. The result of this is more output for society.
There are winners and losers as technology advances. While society wins, those who are displaced are clearly hurt.
In: Economics
There are 300 purely competitive farms in the local dairy market. Of the 300 dairy farms, 298 have a cost structure that generates profits of $18 for every $300 invested.
A. What is the percentage rate of return for these 298 dairies?
B. The other two dairies have a cost structure that generates profits of $26 for every $200 invested. What is their percentage rate of return?
C. Assuming that the normal rate of profit in the economy is 10 percent, and firms cannot copy each other's technology, will there be entry or exit?
D. Will the change in the number of firms affect the two that earn $26 for every $200 invested?
Yes, because those exiting firms will spread the technology.
No, because the exiting firms didn't belong in the industry.
No, because these firms are too small.
Yes, because those two can claim a larger market share.
E. What will be the rate of return earned by most firms in the industry in long-run equilibrium?
F. If firms can copy each other’s technology, what will be the rate of return eventually earned by all firms?
In: Economics
Emden Capital Company offers financial services to its clients. Recently, Emden has experienced rapid growth and has increased both its client base and the variety of services it offers. The company is becoming concerned about its rising costs, however, particularly related to technology overhead. The technology budget for Emden and its actual results for the first quarter of 2017 are given below:
Client interations 18,000 Fixed Overhead $59,400 Variable Overhead 5,400 CPU units @ $1.80 per CPU unit Client interactions 20,000 Fixed Overhead $58,000 Variable Overhead $20,800 CPU Units used 8,000
1. Calculate the variable overhead spending and efficiency variances, and indicate whether each is favorable (F) or unfavorable (U). 2. Calculate the fixed overhead spending and production-volume variances, and indicate whether each is favorable (F) or unfavorable (U). 3. Comment on Emden Capital's overhead variances. In your view, is the firm right to be worried about its control over technology spending?
In: Accounting
TOPIC
Telehealth is the process of using electronic information and telecommunication systems to provide long-distance clinical healthcare, patient and professional related education, public health and health administration in the assessment and management of patients HRSA, 2012). The goal of telehealth is to provide healthcare services to areas of the country that need services in the process of increasing accessibility and decreasing cost.
total of four paragrap :no direct quotes
scholarly article published within the last three years from a peer-reviewed journal on telehealth that applies to ur area of practice
In two paragraphs, critically review the article. You must include the following points:
A statement of what was studied
A statement of what was the focus of the articleselected
A statement on what was identified or learned from the article
A statement of why the article is important to ur practice area.
In two additional paragraphs, brainstorm ideas on how the telehealth technology
u identified could affect your practice.(hospital setting)
Why would this technology be beneficial to ur practice?
What challenges would u face implementing the technology?
In: Nursing