Strategic Marketing:

Porter’s Value Chain is made up of Primary Stages and Support Activities.

Use a matrix to show how Porter’s Value Chain can be used to make decisions about which of Porter’s Generic Strategies is appropriate for a company to use.

To do this, set up a table that lists each of Porter’s Generic Strategies as a column heading and each of the primary stages and support activities of Porter’s Value Chain as rows. Fill in the appropriate cells to explain where the value chain analysis may provide insights into the different strategy type options.

Use examples to aid your description.

Word-count: 500 words maximum.

Subject (Foundations of B.A.)

Case Example

The State Patrol Ticket-Processing System

The purpose of the State Patrol ticket-processing system is to record moving violations, keep records of the fines paid by drivers when they plead guilty or are found guilty of moving violations, and notify the court that a warrant for arrest should be issued when such fines are not paid in a timely manner. A separate State Patrol system records accidents and the verification of financial responsibility (insurance). But a third system uses ticket and accident records to produce driving record reports for insurance companies. Finally, a fourth system issues, renews, or suspends driver’s licenses. These four systems are obviously integrated, in that they share access to the same database; otherwise, they are operated separately by different departments of the State Patrol.When an officer gives a ticket to a driver, a copy of the ticket is turned in and entered into the system. A new ticket record is created, and relationships to the correct driver, officer, and court are established in the database. If the driver pleads guilty, he or she mails in the fine in a preprinted envelope with the ticket number on it. In some cases, the driver claims innocence and wants a court date. When the envelope is returned without a check and the trial request box has an “X” in it, the system does the following: notes the plea on the ticket record; looks up driver, ticket, and officer information; and sends a ticket details report to the appropriate court. A trial date questionnaire form is also produced at the same time and is mailed to the driver. The instructions on the questionnaire tell the driver to fill in convenient dates and mail the questionnaire directly to the court. Upon receiving this information, the court schedules a trial date and notifies the driver of the date and time.When the trial is completed, the court sends the verdict to the ticketing system. The verdict and trial date are recorded for the ticket. If the verdict is innocent, the system that produces driving record reports for insurance companies will ignore the ticket. If the verdict is guilty, the court gives the driver another envelope with the ticket number on it for mailing in the fine.If the driver fails to pay the fine within the required period, the ticket-processing system produces a warrant request notice and sends it to the court. This happens if the driver does not return the original envelope within two weeks, or does not return the court-supplied envelope within two weeks of the trial date. What happens next is in the hands of the court. Sometimes, the court requests that the driver’s license be suspended, and the system that processes driver’s licenses handles the suspension.

question

1. To what events must the ticket-processing system respond? List each event, the type of event, the resulting use case, and the actor(s). Think carefully about who the actors are. Does the officer directly enter the ticket into the system? Or does a state patrol clerk do it when the paper ticket is received from the officer? The existing system uses paper forms, so for now assume the state patrol clerk enters all of the information. A new system would use the same use cases, but opportunities for efficiency and accuracy would lead to changes in who the actors are.?
2. Write a brief use case description for each use case.?
3. Draw a use case diagram for the ticket-processing system assuming the actors are based on your answers in question 1 (the existing system as described).?

Part 1—What are the requirements for becoming a CPA in Pennsylvania (or another state if you plan to become certified in a state other than Pennsylvania).

Part 2—Briefly define and explain each of the following terms: AICPA; SEC; PCAOB; FASB; GAAP; GAAS.

A sewage treatment plant located along a river reported a chemical spill which may have released mercury into the river. The local environmental regulatory agency requires that such spills be monitored, and any spill that results in a long term mercury level above 2.5 µg/L (micrograms per litre) requires the party at fault to pay a large fee. A random sample of 58 measurements showed a mercury reading near the treatment plant to have a sample mean of 2.7 µg/L with a sample standard deviation of 0.89 µg/L. To decide if they should pay the fee, the treatment plant performs a hypothesis test.

(a) [2 marks] Define the parameter of interest using the correct notation. Then, state the null and alternative hypotheses for this study.

(b) [1 mark] Calculate the observed value of the test statistic. State the distribution (and degrees of freedom if needed) it follows.

(c) [1 mark] Compute the p-value or provide a range of appropriate values for the p-value.

(e) [1 mark] Using the significance level α = 0.025, state your conclusions about if the treatment plant will pay the fee.

(f) [1 mark] Using the specifics of this question (but not necessarily your conclusion from part (d)), describe what would happen if a Type I error is made.

(d) [1 mark] Using your p-value, state the strengh of evidence against H0.

Answer the following questions regarding: Efficiency

1. Please describe in detail what each of the following ratio attempt to measure?

2. Where would you obtain such information?

3. For what period of time and what other comparisons would assist your analysis.

4. What management policies would have a positive affect on this analysis tool.

Answer the following questions regarding: Efficiency Ratio

1. Please describe in detail what each of the following ratio attempt to measure?

2. Where would you obtain such information?

3. For what period of time and what other comparisons would assist your analysis.

4. What management policies would have a positive affect on this analysis tool.

A highway department executive claims that the number of fatal accidents which occur in her state does not vary from month to month. The results of a study of 179 179 fatal accidents were recorded. Is there enough evidence to reject the highway department executive's claim about the distribution of fatal accidents between each month? Month Fatal Accidents Jan-14 Feb-18 Mar-11 Apr-14 May-11 Jun-20 Jul-11 Aug-16 Sept-16 Oct-11 Nov-14 Dec- 23

Step 2 of 10: What does the null hypothesis indicate about the proportions of fatal accidents during each month?

Step 3 of 10: State the null and alternative hypothesis in terms of the expected proportions for each category.

Step 4 of 10: Find the expected value for the number of fatal accidents that occurred in January. Round your answer to two decimal places.

Step 5 of 10: Find the expected value for the number of fatal accidents that occurred in April. Round your answer to two decimal places.

Step 6 of 10: Find the value of the test statistic. Round your answer to three decimal places.

Step 7 of 10: Find the degrees of freedom associated with the test statistic for this problem.

Step 8 of 10: Find the critical value of the test at the 0.0250.025 level of significance. Round your answer to three decimal places.

Step 9 of 10: Make the decision to reject or fail to reject the null hypothesis at the 0.0250.025 level of significance.

Step 10 of 10: State the conclusion of the hypothesis test at the 0.0250.025 level of significance.

A highway department executive claims that the number of fatal accidents which occur in her state does not vary from month to month. The results of a study of 179 179 fatal accidents were recorded. Is there enough evidence to reject the highway department executive's claim about the distribution of fatal accidents between each month? Month Fatal Accidents Jan-14 Feb-18 Mar-11 Apr-14 May-11 Jun-20 Jul-11 Aug-16 Sept-16 Oct-11 Nov-14 Dec- 23

Step 2 of 10: What does the null hypothesis indicate about the proportions of fatal accidents during each month?

Step 3 of 10: State the null and alternative hypothesis in terms of the expected proportions for each category.

Step 4 of 10: Find the expected value for the number of fatal accidents that occurred in January. Round your answer to two decimal places.

Step 5 of 10: Find the expected value for the number of fatal accidents that occurred in April. Round your answer to two decimal places.

Step 6 of 10: Find the value of the test statistic. Round your answer to three decimal places.

Step 7 of 10: Find the degrees of freedom associated with the test statistic for this problem.

Step 8 of 10: Find the critical value of the test at the 0.0250.025 level of significance. Round your answer to three decimal places.

Step 9 of 10: Make the decision to reject or fail to reject the null hypothesis at the 0.0250.025 level of significance.

Step 10 of 10: State the conclusion of the hypothesis test at the 0.0250.025 level of significance.

A highway department executive claims that the number of fatal accidents which occur in her state does not vary from month to month. The results of a study of 160160 fatal accidents were recorded. Is there enough evidence to reject the highway department executive's claim about the distribution of fatal accidents between each month?

Month   Fatal Accidents
Jan   11
Feb   8
Mar   18
Apr   14
May   11
Jun   11
Jul   13
Aug   16
Sep   13
Oct   13
Nov   21
Dec   11

Step 1 of 10: State the null and alternative hypothesis.

Step 2 of 10: What does the null hypothesis indicate about the proportions of fatal accidents during each month?

Step 4 of 10: Find the expected value for the number of fatal accidents that occurred in January. Round your answer to two decimal places.

Step 5 of 10: Find the expected value for the number of fatal accidents that occurred in July. Round your answer to two decimal places.

Step 6 of 10: Find the value of the test statistic. Round your answer to three decimal places.

Step 7 of 10: Find the degrees of freedom associated with the test statistic for this problem.

Step 8 of 10: Find the critical value of the test at the 0.050.05 level of significance. Round your answer to three decimal places.

Step 9 of 10: Make the decision to reject or fail to reject the null hypothesis at the 0.050.05 level of significance.

Step 10 of 10: State the conclusion of the hypothesis test at the 0.050.05 level of significance. Is there enough evidence?

Some economists have proposed to increase the federal tax on gas from 18.4 cents per gallon to 36.8 cents per gallon in order to help reduce the government budget deficit (and thus control the growing national debt.)

What do you think about this specific proposal?

a. Are you in favor?

b. Explain your point of view about this proposed policy.