Borins presents three ideal types of innovation in the public sector. Describe the ideal type you think is found most in the public sector. Why do you think these three ideal types of innovation are not found more often in the public sector?
In: Economics
Why do you think so many innovation projects fail to generate an economic return? Please explain and add real life examples.
PLEASE ANSWER IN 350 WORDS AND IN WORD FORMAT ONLY.
THANKS
Subject: Management of Technological Innovation
In: Operations Management
for this assignment, you are required to write a
Retail Innovation Strategy Essay
write a 3-5 page paper dicussing how innovation should be
incorporated into a retail strategy. Specifically identify two
retail innovations to ensure you have a global reach
In: Operations Management
Assume that you own an exhaustible resore that is sold
competitive,and the marginal cost of extraction at year t is given
by:
Ct=5+0.5t+0.05t^2,
where t=0 at the beginning of 2010.it is also known that the
interest rate is 7% per annum and the demand for the resource
is:
Qt=100-Pt,
where Qt and Pt represent output level in,tons and price in year t
respectively.
a)suppose that the price in year 2020 is anticipated to be 100,
what were the prices,user costs and production level of the
resource in 2015 and 2016?
b)if the market were monopolized in2017,what were the optimal
production rule in that period?
In: Economics
The idea that you as an innovator have important choices has been a running, albeit largely implied, subplot of our journey thus far. Your earlier exercises saw you choose 1 problem out of 10 for you to solve. You also got to choose, if you recall, what skills you would apply to your problem, thereby “co-forming” the problem and the solution.
We trust that your choice-making wasn’t random. Hopefully, a good deal of your process was based upon your understanding of how important the given problems are to you and your awareness of the skills that you can bring to bear on the solution.
Knowing what choices you need to make, as well as when and how, is an important part of being a user innovator. Particularly if user innovation for you is a path to entrepreneurship.
Making choices is at the heart of this specific evolution. Your goal here is to think about diffusion of your innovation, that is, the spread of your innovation in society. As Eric von Hippel describes it, you have a sequence of overarching choices when it comes to diffusion:
– Whether to diffuse your innovation or not;
– If you choose to diffuse, you have a choice to diffuse your innovation via “Peer-to-Peer”, “Via the Market”, or both. Indeed, dual diffusion is possible. In fact, some innovations lend themselves quite well for dual diffusion. Take Google, for example: using Google for search is free, but not free if you want to advertise;
– Then you have a choice to license your innovation or to produce it yourself;
– And if you choose to produce your innovation yourself, you have a choice as to the kind of company you wish to build.
In case some of this sounds new, that’s okay. Just take a look at Modules 4 and 5 again. In Module 4, in particular, Eric distills this choice sequence.
When you’re ready, think about and provide answers to the following questions:
1) Do you choose to diffuse your innovation or not? Why? For the purposes of this exercise, we actually ask you to assume that you are choosing to diffuse your innovation. Otherwise, the remainder of this exercise would be irrelevant for you.
2) Do you plan to diffuse Peer-to-Peer, Via the Market, or both? What is your thinking for why you’re making your choice?
3) If you plan to diffuse Peer-to-Peer, what is important for you to think about in order to increase the chances that your innovation is adopted?
4) Do you wish to license your innovation or to produce it yourself? How do you think about this choice?
5) Ultimately, whether your choice is to distribute Via the Market, or Peer-To-Peer, what kind of venture do you want to build and what is important for you to think about to make that dream a reality?
We very much hope that you enjoy this process of introspection and analysis, and that it leads you closer to being the best user innovator that you can be.
You can innovate.
In: Economics
The following information is available for Sheffield Corporation
for 2020.
| 1. | Depreciation reported on the tax return exceeded depreciation reported on the income statement by $126,000. This difference will reverse in equal amounts of $31,500 over the years 2021–2024. | |
| 2. | Interest received on municipal bonds was $10,500. | |
| 3. | Rent collected in advance on January 1, 2020, totaled $65,100 for a 3-year period. Of this amount, $43,400 was reported as unearned at December 31, 2020, for book purposes. | |
| 4. | The tax rates are 40% for 2020 and 35% for 2021 and subsequent years. | |
| 5. | Income taxes of $326,000 are due per the tax return for 2020. | |
| 6. | No deferred taxes existed at the beginning of 2020. |
a. Compute taxable income for 2020.
b. Compute pretax financial income for 2020.
c. Prepare the journal entries to record income tax expense, deferred income taxes, and income taxes payable for 2020 and 2021. Assume taxable income was $480,000 in 2021.
d. Prepare the income tax expense section of the income statement for 2020, beginning with “Income before income taxes.”
In: Accounting
SUBJECT is FINANCE
Free Cash Flows
Rhodes Corporation’s financial statements are shown below.
Rhodes Corporation: Income Statements for Year Ending
December 31
(Millions of Dollars)
| 2020 | 2019 | ||||
| Sales | $ | 13,000 | $ | 11,000 | |
| Operating costs excluding depreciation | 11,588 | 9,682 | |||
| Depreciation and amortization | 400 | 370 | |||
| Earnings before interest and taxes | $ | 1,012 | $ | 948 | |
| Less interest | 240 | 200 | |||
| Pre-tax income | $ | 772 | $ | 748 | |
| Taxes (25%) | 193 | 187 | |||
| Net income available to common stockholders | $ | 579 | $ | 561 | |
| Common dividends | $ | 202 | $ | 200 | |
Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars)
| 2020 | 2019 | ||||
| Assets | |||||
| Cash | $ | 650 | $ | 600 | |
| Short-term investments | 120 | 100 | |||
| Accounts receivable | 2,750 | 2,500 | |||
| Inventories | 1,650 | 1,400 | |||
| Total current assets | $ | 5,170 | $ | 4,600 | |
| Net plant and equipment | 3,750 | 3,500 | |||
| Total assets | $ | 8,920 | $ | 8,100 | |
| Liabilities and Equity | |||||
| Accounts payable | $ | 1,300 | $ | 1,200 | |
| Accruals | 650 | 600 | |||
| Notes payable | 192 | 100 | |||
| Total current liabilities | $ | 2,142 | $ | 1,900 | |
| Long-term debt | 1,300 | 1,200 | |||
| Total liabilities | $ | 3,442 | 3,100 | ||
| Common stock | 3,901 | 3,800 | |||
| Retained earnings | 1,577 | 1,200 | |||
| Total common equity | $ | 5,478 | $ | 5,000 | |
| Total liabilities and equity | $ | 8,920 | $ | 8,100 | |
Suppose the federal-plus-state tax corporate tax is 25%. Answer the following questions.
2020: $ million
2019: $ million
2020: $ million
2019: $ million
$ million
%
| After-tax interest payment | $ million |
| Reduction (increase) in debt | $ million |
| Payment of dividends | $ million |
| Repurchase (Issue) stock | $ million |
| Purchase (Sale) of short-term investments | $ million |
In: Finance
When preparing capital budgeting analysis for a new project, Chris Johnson, a chief financial officer at BT Industries, faced a dilemma. The project involved a production of new type of shipping containers, which were significantly more durable and had a considerably longer useful life compared to conventional containers used in the industry. The year was 2009, and the equipment necessary for producing the containers was being sold for $900K. Each year, this cost is expected to increase by 20%. The useful life of the equipment and the project is 5 years. Mr. Johnson estimated that during a good year, the project will generate net cash flows of $700K per year, while during a bad year, the project will lose money, with an expected net cash flow of
$-300K per year.
Because the economy suffered a significant decline just a year prior, there was uncertainty about the economy in general, and, very much affected by the economy, the demand for shipping and containers. Market analysts predicted that uncertainty will remain in 2010 and at this point, in 2009, the likelihood of 2010 being a good year is estimated at 40% and the likelihood of 2010 being a bad year is estimated at 60%. However, all uncertainty will get resolved in 2011. The likelihood of 2011 and all subsequent years being good years (recovery) is 60%, and the likelihood of these subsequent years being bad years (recession) is 40%.
Since he has not dealt with uncertainty regarding the future state of the economy before, Mr. Johnson is bewildered and asks your help in determining the course of action regarding this opportunity. Mr. Johnson has estimated that the WACC for the company in certain times has been 10%. Assume that the project has no tax implications, i.e. the tax rate of 0%.
What is the NPV of investing into the machine in 2009? A: $1109.1
What is the NPV (in year 2009) of delaying the investment until 2010? __________________
Should the firm invest in the project in 2009, 2010, or not invest at all? __________________
Assume that the firm has the possibility to invest in 2009 only. What is the value of knowing in 2009 with certainty the state of the world in 2010, with regards to this project? In other words, what is the maximum amount of money the company would pay to know in 2009 whether 2010 would be a good or a bad year? Explain your answer.
In: Finance
A Corporation reported the following activity in 2010:
Special items: (1,300,000)
Assignment - Calculate the following in good form:
In: Accounting
Write for yourself a simple sentence that describes the difference between Civil Service (Merit System) and Collective Bargaining. Then write a sentence that demonstrates your understanding of the conflicts that can arise between politically appointed executives and the Career Civil Service
In: Economics