Is terrorism for Jaggar only limited to the actions of individuals or can it include states as well? Explain in detail and give one historical example which she discusses.

Explain the fracturing of Imperial Rome. How and why did Rome transform from a unified empire to a group of fractured states in the West, and the Byzantine Empire in the East?

Section 20 of the companies act 2016 states that a company incorporated under this act is a body corporate.

explain using the case of solomon v solomon (1896)

34. Laws are in place to protect motorists and cyclists alike Helmet laws are primarily in place to offset the of the general public paying the costs for motorcycle accidents

1. Outrage

2. Cost shifting

3. Moral hazard

4. Free Rider problem

35. While policy makers have many concerns with regard to health care, policy makers are most concerned about which of the following?

1. Waste & efficiency

2. The free rider problem

3. Reaching underserved areas

4. All of the above

37. In response to high malpractice insurance costs, obstetricians may stop performing deliveries & provide only gynecologic services. Of what is this an example?  

1. Malpractice

2. Abandonment of care

3. The free rider problem

4. Withdrawal of services

5. Decline in fee for service

38. Some experts argue that requiring health care providers to obtain state approval before making major capital investment stifles competition. Select from below the regulation this statement describes.

1. Antitrust regulation

2. State building permits

3. Connector authority requirements

4. Certificate of need (CON) legislation

39. Select from below the statement which is false  

1. In response to the current climate, insurers are now showing more interest in offering self-insurance plans small employers

2. The largest expenditure for individual states often Medicaid

3. Whereas the federal government is more concerned with keeping health care costs down, local governments put More emphasis on having a satisfied public

4. Prior to the passage of the ACA, over half of state governors had proposed health insurance reform measures

41. Single-payer-health-care in which the government pays for universal coverage, is beneficial for two reasons. Select from below the two (2) reasons government control is advantageous

1. Government control helps keep costs down through regulation & negotiation of the price of drugs & medical services

2. Government control eliminates the need for a vast private health insurance bureaucracy

3. Government control ensures the quality of professional services of health care teams

4. Government control eliminates all competition among health care agencies to provide health care services

42. A few states have taken steps toward universal health care coverage. States which have attempted to establish universal coverage have had trouble. Select from below the reason states have not been successful:

1. States have had problems with free riders

2. States are diligently attempting to build in a no work requirement

3. States are having trouble paying for health care coverage

4. States are having problems getting their proposal through insurance regulators

47. The amount of the capitation will be determined in part by the number of services provided & will vary from health plan to health plan. Regardless of the plan one definite feature of a capitation compensation plan is that it  

1. Cannot cover aftercare

2. Focuses on quality metrics

3. Reduces the provider's risk

4. Increases the provider's risk

5. Does not focus on quality metrics

48. The ACOs (Accountable Care Organizations) & HMOS (Health Maintenance Organizations) have shown success in controlling costs Because they are:

1. Well Funded

2. Seldom non-profit

3. Focused on maximizing revenue  

4. Focused on increasing the population served

50. Health problems thought to be eradicated in the U. S. have resurfaced due to children not being properly vaccinated. Which description below would be likely to fit a television campaign to encourage parents to vaccinate their children?

1. Lobbying

2. Education

3. Public relations

4. Direct-to-consumer advertising

PLEASE READ AND ANSWER

CASE #3 TATA'S TIME(STRATEGIC MANAGEMENT IN ACTION SIXTH EDITION)

It holds the number 6 spot on the list of the world's most admired companies in the steel industry. The Tata Group, based in Mumbai, India, is the largest conglomerate in that country. Its lat­est revenues are estimated at $67.4 billion, of which 61 percent is from business outside India. Tata has more than 100 operating companies in seven main business groups doing business in 80 countries: chemicals, information systems and communications, consumer products, energy, engineering, materials, and services. Its two largest businesses are Tata Steel and Tata Motors. Its Tata Tea, which owns the valued Tetley brand, also is one of the larg­est tea producers in the world. Ratan Tata, Tata Group's chairper­ son, has forged a strategy that encompasses the globe. In 1999, he issued a "clarion call to push outside India with acquisitions and exports." One of the company's executive directors recalled, "We didn't know what to expect, to be honest."

Today, Tata controls many businesses ranging from Eight O'clock Coffee Co. in the United Sates to the Taj Group of hotels, which took over management of the landmark Pierre Hotel on Central Park in New York City. Tata made its boldest global strategic push, however, in October 2006 when Tata Steel formally proposed buying British steelmaker Corus Group PLC for about $8 billion USD. Corus, which was formed by a merger of British Steel and Hoogovens, was three times the size of Tata Steel. The buyout offer soon turned into a bidding war when Tata Group discovered another company, Companhia Siderùrgica, Nacional of Brazil (CSN), was also preparing a bid and therefore upped its opening offer to $9.2 billion; CSN then raised the stakes by offering to pay $9.6 billion. A Tata Group spokesman said that the company's attempt to acquire Corus was "based on a compelling strategic rationale." Ratan Tata explained further by saying, "The revised terms deliver substantial additional value to Corus shareholders." The increased takeover bid did not impress investors as the company's share price fell 6 percent after the news was announced. Analysts and investors both "expressed concern that Tata is overpricing Corus, whose operating costs are among the highest of any steel maker—something that would affect its profitability and its plans to expand in India." However, Ratan Tata knew that the acquisition could catapult Tata Steel from its mid-50s ranking in the global steel list to the sixth-largest industry competitor. He said, "Analysts were taking a short-term, harsh view of the deal. Hopefully, the market will look back and say it was the right move." By the end of JanuaQi 2007, the U.K. Takeover Panel called an auction in order to end the bidding war and "presided over the contest that started on Tuesday, January 30." The "contest" continued for several hours until CSN pulled out. Tata Steel won its coveted prize for $12.2 billion—a 22 percent premium over what it had originally offered. That acquisition represented the latest consolidation in the global steel industry. The combined Tata-Corus can produce 25 million tons of steel a year. The deal also represented the largest foreign acquisition by an Indian company and made the diversified Tata Group the largest company in India.

In 2008, Tata made an even bigger global splash, at least in terms of recognized consumer brand names. It acquired the Land Rover and Jaguar brands from Ford for an estimated $2.3 billion.

Tata's leaders believe the group "can survive on the world stage only by being both too big to beat and too good to fail." In December 2012, when Chairman Ratan Tata steps down, Cyrus Mistry will take over as chairman of Tata Group and he "faces the daunting challenge of steering a giant, increasingly multinational conglomerate of more than 100 companies through economic headwinds at home and abroad."

DISCUSSION QUESTIONS

1. Discuss the advantages and drawbacks of going international using Tata Group's experiences.

2. What strategic challenges do you think Cyrus Mistry might face as he guides his company? Using what you know about managing strategically, how might he respond to these challenges?

3. Do some research on India's economic and political-legal environments. What opportunities and threats do you see?​​​​​​​ In light of these, do you think Ratan Tata's strategy of push­ing outside India makes sense? Explain.

​​​​​​​THANK YOU!

A couple was at a ski lodge and went to happy hour from 5pm to 9pm. The bar stops serving at 10pm. They leave the ski resort on a snowy night and are driving back to the hotel which is about an hour’s drive from the resort. At 12 am a passerby sees a car off the road in the trees. He finds the male unconscious and injured behind the wheel. The female is deceased. The passerby calls 911 and it takes an hour for them to come. The male arrives at the hospital at 2 am and his blood is drawn at 2:30 am. The male is found to have a BAC of 100mg/dl in plasma.

Male weighs 70 kg

Calculate if he is going to jail or not and why?

How many drinks did he consume?

Minimum # of drinks to achieve BAC?

Clue: the key thing to realize is the happy hour ended at 9 pm and the bar closed at 10 pm. therefore, what assumptions can be made about whether he was absorptive or post-absorptive?

At a facility’s loading dock, delivery vehicles arrive randomly, starting at 8:00 AM, at a rate of 2.0 per hour. If the dock is occupied by another vehicle, the driver must park in a waiting area until the dock is clear; this occurs with probability 0.20, independent of the time of day or other variables. Identify the family and parameter(s) of each of the following random variables (for instance, “Bernoulli(0.5)”). If it is not one of our “famous” families indicate “other”; if the parameters cannot be determined indicate so.

(a) The time elapsed before the next vehicle arrives.

(b) The number of arrivals between 8:00 AM and 10:00 AM.

(c) The number of vehicles in the loading dock.

(d) Of the next 10 deliveries to arrive, the number than have to wait for the dock to clear.

(e) The number of vehicles in the waiting area.

(f) The number of deliveries made up to and including the first that has to wait for the dock to clear.

(g) The arrival time of the third delivery on a given day

Each statement describes one of the major market models or industry structures (pure competition, pure monopoly, oligopoly, or monopolistic competition) . Provide the market model or industry structure each description best fits

1. Individual firm in this market model faces a perfectly elastic demand curve.

2. Industry model where excess capacity is most likely to be found.

3. Industry structure in which one firm produces a product for which there are no good substitutes.

4. The Vegas hotel casino industry would be found in the industry or market model.

5. A pharmaceutical company would be classified in this group:

6. Market structure in which a local pizza or sandwich shop would be classified.

7. The beer industry would be classified in this industry structure.

8. The airline industry is found in this industry or market structure.

9. Industry structure in which both productive and allocative efficiency is attained in the the long run.

10.  Market structure marked by mutual interdependence among firms.

For each of the following scenarios, develop a testable hypothesis.
a. Scenario 1. Kelly and Jack are playing in the park. Jack rolls a marble
down the small playground slide. Kelly proposes the idea that the marble
would travel at a faster pace if it is rolled down the longer slide.
b. Scenario 2. Andy’s nightly chores include washing the family dishes. His
mother tends to cook everything that she prepares a bit too long. Because
of this, Andy spends a lot of swear, effort, and time washing the dishes.
He sees a commercial on televisions that claims that brand X dishwashing
detergent cuts through grease better than its competitor brand Y.
c. Scenario 3. Ali’s favorite food is microwave popcorn. She lives microwave
popcorn so much that she can’t stand to waste the un-popped kernels in
the bottom of the bag. The next time Ali goes to the grocery store she
buys all the brands of microwave popcorn that the store has.

Monopoly behavior (Chapter 26 in the book)

Problem 1. Suppose you want to open an amusement park. Your estimate of the daily attendance is 1000 people. Further, you expect that each person will demand

x(p)= 50-50p rides, where p is the price per ride. All people are the same, and there cannot be negative rides. The marginal cost of a ride is zero.

(a) What is each person’s inverse demand for rides?

(b) How many rides per person will maximize your profits?

(c) What will be the profit-maximizing price per ride?

(d) What will be your profit per person?

(e) What is the Pareto efficient price per ride?

(f) How many rides will be purchased at the Pareto efficient price by a single person?

(g) Ho much consumer surplus per person will be generate at Pareto efficient price and quantity?

(h) If you decide to use a two-part tariff, what would be an admission fee and a price per ride for a single person?