Questions
1. What is branding for? Give an example to clarify your answer and explain.    What’s private...

1. What is branding for? Give an example to clarify your answer and explain.

   What’s private brand? What’s the purpose(s) of private brand.

2. Explain the primary difference between a wholesaler and sales agent. Who has more active

roles in finding customers and customers’ wants?

3. Let’s say, after 15% increase in selling price, a burger shop found 5% drop in number of sales of burger. Is the demand for burger sensitive to changes in price this case? What do you recommend to keep or increase sales revenue?

    

    

In: Operations Management

Chapter 11 Exercise A6 The management of Kawneer North America is considering investing in a new...

Chapter 11 Exercise A6
The management of Kawneer North America is considering investing in a new facility and the following cash flows are expected to result from the investment:
Year Cash Outflow Cash Inflow
1 $1,900,000 $100,000
2 550,000 200,000
3 360,000
4 480,000
5 510,000
6 600,000
7 590,000
8 300,000
9 250,000
10 250,000
A. What is the payback period of this uneven cash flow?
B. Does your answer change if year 10's cash inflow changes to $500,000?

In: Accounting

The following transactions apply to Jova Company for Year 1, the first year of operation: Issued...

The following transactions apply to Jova Company for Year 1, the first year of operation: Issued $10,000 of common stock for cash. Recognized $210,000 of service revenue earned on account. Collected $162,000 from accounts receivable. Paid operating expenses of $125,000. Adjusted accounts to recognize uncollectible accounts expense. Jova uses the allowance method of accounting for uncollectible accounts and estimates that uncollectible accounts expense will be 1 percent of sales on account. Prepare the income statement, statement of changes in stockholders’ equity, balance sheet, and statement of cash flows for Year 1.

In: Accounting

Three dimensions of cultural competence include self-awareness, respectful communication, and collaborative partnerships. We all have our...

Three dimensions of cultural competence include self-awareness, respectful communication, and collaborative partnerships. We all have our own biases and need to recognize them in order to provide culturally competent care. Our clients are experts on their culture and can teach us in order to better understand and care for them.

Identify your own biases and discuss what changes you would recommend for yourself in order to become a more culturally competent individual. List a minimum of one resource, using APA formatting, that supports your discussion.

In: Psychology

Use the Black-Scholes formula for the following stock: Time to expiration 6 months Standard deviation 51%...

Use the Black-Scholes formula for the following stock:

Time to expiration 6 months
Standard deviation 51% per year
Exercise price $41
Stock price $41
Annual interest rate 6%
Dividend 0

Recalculate the value of the call with the following changes:

a. Time to expiration 3 months
b. Standard deviation 30% per year
c. Exercise price $45
d. Stock price $45
e. Interest rate 9%

Calculate each scenario independently. (Round your answers to 2 decimal places.)

In: Finance

Assume that in a country the total holdings of banks were as follows: Bank Amount in...

  1. Assume that in a country the total holdings of banks were as follows:

Bank

Amount in million dollars

Required Reserve

$45

Excess Reserve

$15

Deposits

$750

Loans

$600

Treasury Bonds

$90

  1. Show that the balance sheet balances if these are the only assets and liabilities.

  1. Assuming that people hold no currency, what happens to each of these values if the central bank changes the reserve requirement ratio to 2%, banks still want to hold the same percentage of excess reserves, and banks do not change their holdings of Treasury bonds?

  1. How much does the money supply change by?

In: Economics

Often organizations are faced with the necessity of changing the direction or focus of their organization...

Often organizations are faced with the necessity of changing the direction or focus of their organization – due to competition, due to new technology, due to environmental issues, regulations, etc. In these situations, uncomfortable changes are sometimes required.

a) Would younger or older employees be more likely to embrace change?

b) Would successful or less successful organizations be more likely to embrace change?

c) One element in reinforcing change within an organization is to replace people and hire outsiders. Even if done with a great deal of care and understanding, this can often come across as a somewhat cruel undertaking. Why is it necessary?

In: Operations Management

15.  Patients with Clostridium difficile infections have diarrhea and can have severe infections in their peritoneal cavities...

15.  Patients with Clostridium difficile infections have diarrhea and can have severe infections in their peritoneal cavities (peritonitis) and blood (sepsis). The diarrhea and widespread infections result, at least in part, from altered cell adhesions in cells lining the colon.

A.  [2 pts] What type of cells line the colon, and what type of adhesion linking these cells is likely altered in difficile infection?

B.  [4 pts] How could changes to the cell adhesions you listed in part A promote infections in the blood and peritoneal cavity?  Explain your reasoning.

In: Anatomy and Physiology

Item 1 In the case below, the original source material is given along with a sample...

Item 1

In the case below, the original source material is given along with a sample of student work. Determine the type of plagiarism by clicking the appropriate radio button.

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The study of learning derives from essentially two sources. Because learning involves the acquisition of knowledge, the first concerns the nature of knowledge and how we come to know things.... The second source in which modern learning theory is rooted concerns the nature and representation of mental life.

References:
Driscoll, M. P. (2000). Psychology of learning for instruction (2nd ed.). Needham Heights, MA: Allyn & Bacon.

The depiction and essence of mental life, the essential qualities of knowledge, and explanations for how knowledge is created provide for the origins of modern learning theory. Disagreement between theories of learning can often be traced to differences in one or more of these areas.

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From reading educator-authors' revisions, and experiencing confusion myself surrounding how performance measures fit into a design case, I feel the problem arises from how new authors view design cases in relation to scientific experimental studies in education. A designer who is also a researcher must recognize the difference in perspective between a design case and an experimental study which uses a design for teaching and learning.

References:
Howard, C. D. (2011). Writing and rewriting the instructional design case: A view from two sides. International Journal of Designs for Learning, 2(1), 40-55.

Seeing the differences in viewpoint between a study that reports experimental results and a design case is a must for an individual who is both a designer and a researcher. Howard identifies this change of perspective as being critical to new authors of design cases.

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While solitary negative reactions or unjustified suggestions for change have the potential to dissipate discourse rather than build it, the pattern analysis shows that the anonymous condition seemed to provide a safe explorative space for learners to try out more reasons for their multiple solutions. Teachers will rarely give anonymous feedback, but the experience of giving anonymous feedback may open a social space where learners can try out the reasons for their suggestions.

References:
Howard, C. D., Barrett, A. F., & Frick, T. W. (2010). Anonymity to promote peer feedback: Pre-service teachers' comments in asynchronous computer-mediated communication. Journal of Educational Computing Research, 43(1), 89-112.

Teachers don't often provide feedback anonymously, but the ability to provide feedback anonymously may create a context where the rationale associated with specific suggestions can be more safely explored (Howard, Barrett, & Frick, 2010). However, we cannot assume that all anonymous online spaces will serve as safe social spaces.

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The new paradigm of education requires the student, teacher, and parents to be informed of what the student has actually learned at any point in time, to assure that progress is continuous and personalized, and to make good decisions about what to learn next. The recordkeeping tool of an information-age LMS will replace the current report card.

References:
Reigeluth, C. M., Watson, W. R., Watson, S. L., Dutta, P., Chen, Z. C., & Powell, N. D. P. (2008). Roles for technology in the information-age paradigm of education: Learning management systems. Educational Technology, 48(6), 32-39.

Some have suggested approaches for replacing the current report card. For example, Reigeluth and colleagues (2008) suggest a recording-keeping tool that could inform key stake holders of the current state of a student's knowledge to facilitate good decision-making about what a student should study next.

References:
Reigeluth, C. M., Watson, W. R., Watson, S. L., Dutta, P., Chen, Z. C., & Powell, N. D. P. (2008). Roles for technology in the information-age paradigm of education: Learning management systems. Educational Technology, 48(6), 32-39.

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It is when all our forces can move freely in us. In nature, this quality is almost automatic, because there are no images to interfere with natural processes of making things. But in all of our creations, the possibility occurs that images can interfere with the natural, necessary order of a thing. And, most of all, this way that images distort the things we make, is familiar in ourselves.

References:
Alexander, C. (1979). The timeless way of building(Vol. 1). New York, NY: Oxford University Press USA.

When Alexander (1979) says that "in all of our creations, the possibility occurs that images can interfere with the natural, necessary order of a thing" (p. 48) he seems to imply that there is one unique right way possible to design a solution to a problem. While this perspective could be considered elitist, some of the most successful products are based on this premise.

References:
Alexander, C. (1979). The timeless way of building(Vol. 1). New York, NY: Oxford University Press USA.

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In examining the history of the visionary companies, we were struck by how often they made some of their best moves not by detailed strategic planning, but rather by experimentation, trial and error, opportunism, and--quite literally--accident. What looks in hindsight like a brilliant strategy was often the residual result of opportunistic experimentation and "purposeful accidents."

References:
Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

The variety of projects that Google undertakes, from Internet search to cars that drive themselves, could be considered lack of focus. However, perhaps Google recognizes that successful moves that looked like the result of "a brilliant strategy was often the residual result of opportunistic experimentation" (Collins & Porras, 2002, p. 141).

References:
Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

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Merck, in fact, epitomizes the ideological nature--the pragmatic idealism--of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology--core values and a sense of purpose beyond just making money--that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:
Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

While some have identified Merck as a visionary company dedicated to a "core values and a sense of purpose beyond just making money" (Collins & Porras, 2002, p. 48), others point out corporate misdeeds perpetrated by Merck (e.g., its role in establishing a dubious medical journal that republished articles favorable to Merck products) as contradictory evidence.

References:
Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

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Modifications that increase task difficulty are also presented to assist instructors in structuring developmental progressions for activities that reflect various net/wall games. For example, game modifications that require participants to strike a ball with a hand after a bounce are introduced before requiring participants to strike a ball with a racquet or with a hand without a bounce.

References:
Mandigo, J. L., & Anderson, A. T. (2003). Using the pedagogical principles in net/wall games to enhance teaching effectiveness. Teaching Elementary Physical Education, 14(1), 8-11.

One strategy for changing a task to decrease difficulty comes from physical education where "game modifications that require participants to strike a ball with a hand after a bounce are introduced before requiring participants to strike a ball with a racquet or with a hand without a bounce" (Mandigo & Anderson, 2003, p. 9). A participant may then be able to focus on other aspects of the game (e.g., strategy) or find that their anxiety about playing has decreased.

References:
Mandigo, J. L., & Anderson, A. T. (2003). Using the pedagogical principles in net/wall games to enhance teaching effectiveness. Teaching Elementary Physical Education, 14(1), 8-11.

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While solitary negative reactions or unjustified suggestions for change have the potential to dissipate discourse rather than build it, the pattern analysis shows that the anonymous condition seemed to provide a safe explorative space for learners to try out more reasons for their multiple solutions. Teachers will rarely give anonymous feedback, but the experience of giving anonymous feedback may open a social space where learners can try out the reasons for their suggestions.

References:
Howard, C. D., Barrett, A. F., & Frick, T. W. (2010). Anonymity to promote peer feedback: Pre-service teachers' comments in asynchronous computer-mediated communication. Journal of Educational Computing Research, 43(1), 89-112.

It is clear that "solitary negative reactions or unjustified suggestions for change have the potential to dissipate discourse" (Howard, Barrett, & Frick, 2010, p. 103). However, anonymity may give learners a context in which they can try providing solutions that are more thoroughly supported by an accompanying rational (Howard, Barrett, & Frick, 2010). Clearly, the positive and negative consequences that anonymity has on peer feedback must be considered.

References:
Howard, C. D., Barrett, A. F., & Frick, T. W. (2010). Anonymity to promote peer feedback: Pre-service teachers' comments in asynchronous computer-mediated communication. Journal of Educational Computing Research, 43(1), 89-112.

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It should be apparent that technology will play a crucial role in the success of the information-age paradigm of education. It will enable a quantum improvement in student learning, and likely at a lower cost per student per year than in the current industrial-age paradigm. Just as the electronic spreadsheet made the accountant's job quicker, easier, and less expensive, the kind of LMS described here will make the teacher's job quicker, easier, and less expensive.

References:
Reigeluth, C. M., Watson, W. R., Watson, S. L., Dutta, P., Chen, Z. C., & Powell, N. D. P. (2008). Roles for technology in the information-age paradigm of education: Learning management systems. Educational Technology, 48(6), 32-39.

Introducing technology into the workplace does not automatically improve job performance. While managers may dream of lower costs, the introduction of technology may increase costs (especially in the short term) if using/learning the technology makes the individual's job harder.

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In: Psychology

Item 1 In the case below, the original source material is given along with a sample...

Item 1

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Original Source Material

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Many students graduate from college not knowing what they want to do with their lives. We propose that students should be encouraged to think about life goals (not just career goals) from an early age and be encouraged to be constantly on the lookout for better goals.

References:
Reigeluth, C. M., Watson, W. R., Watson, S. L., Dutta, P., Chen, Z. C., & Powell, N. D. P. (2008). Roles for technology in the information-age paradigm of education: Learning management systems. Educational Technology, 48(6), 32-39.

Unfortunately, I was not encouraged to think about life goals (not just career goals) from an early age or encouraged to be on the lookout for better goals (Reigeluth et al., 2008, p.34). Instead, my parents and teachers seemed to care more about trivial details like showing up to class on time.

References:
Reigeluth, C. M., Watson, W. R., Watson, S. L., Dutta, P., Chen, Z. C., & Powell, N. D. P. (2008). Roles for technology in the information-age paradigm of education: Learning management systems. Educational Technology, 48(6), 32-39.

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Obviously, it is vitally important in the war of attrition that individuals should give no inkling of when they are going to give up. Anybody who betrayed, by the merest flicker of a whisker, that he was beginning to think of throwing in the sponge, would be at an instant disadvantage.

References:
Dawkins, R. (1989). The selfish gene (3rd ed.). Oxford, England: Oxford University Press.

In the game of survival between individuals in nature, indicating in any way that tossing in the towel is being seriously considered can be exploited by an adversary (Dawkins, 1989).

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We shall take the simpleminded view that a theory is just a model of the universe, or a restricted part of it, and a set of rules that relate quantities in the model to observations that we make. It exists only in our minds and does not have any other reality (whatever that might mean). A theory is a good theory if it satisfies two requirements. It must accurately describe a large class of observations on the basis of a model that contains only a few arbitrary elements, and it must make definite predictions about the results of future observations.

References:
Hawking, S., & Mlodinow, L. (2008). A briefer history of time (Reprint.). New York, NY: Bantam.

A theory can be thought to exist only in our brains and lack any other form of tangible reality. This does not mean that theories are just fleeting thoughts, since they are comprised of a specific model of how things work and rules that associate model attributes to what we observe in the universe.

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There is a desperate need for theorists and researchers to generate and refine a new breed of learning-focused instructional design theories that help educators and trainers to meet those needs, (i.e., that focus on learning and that foster development of initiative, teamwork, thinking skills, and diversity). The health of instructional-design theory also depends on its ability to involve stakeholders in the design process.

Reference 1:
Reigeluth, C. M. (1999). What is instructional-design theory and how is it changing? In C. M. Reigeluth (Ed.), Instructional-design theories and models: A new paradigm of instructional theory (Vol. II, pp. 5-29). Mahwah, NJ: Lawrence Erlbaum Associates.

Original Source Material 2
By instruction I mean any deliberate arrangement of events to facilitate a learner's acquisition of some goal. The goal can range from knowledge to skills to strategies to attitudes, and so on.


Reference 2
Driscoll, M. P. (2000). Psychology of learning for instruction (2nd ed.). Needham Heights, MA: Allyn & Bacon.

Driscoll (2000) defines instruction broadly as "any deliberate arrangement of events to facilitate a learner's acquisition of some goal" (p. 25). In order to increase the effectiveness of instruction, there is a critical need for the creation and refinement of instructional design theories to aid those who seek to promote learning. According to Reigeluth (1999), "The health of instructional-design theory also depends on its ability to involve stakeholders in the design process" (p. 27).

References:
Driscoll, M. P. (2000). Psychology of learning for instruction (2nd ed.). Needham Heights, MA: Allyn & Bacon.

Reigeluth, C. M. (1999). What is instructional-design theory and how is it changing? In C. M. Reigeluth (Ed.), Instructional-design theories and models: A new paradigm of instructional theory(Vol. II, pp. 5-29). Mahwah, NJ: Lawrence Erlbaum Associates.

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The philosophical position known as constructivism views knowledge as a human construction. The various perspectives within constructivism are based on the premise that knowledge is not part of an objective, external reality that is separate from the individual. Instead, human knowledge, whether the bodies of content in public disciplines (such as mathematics or sociology) or knowledge of the individual learner, is a human construction.

References:
Gredler, M. E. (2001). Learning and instruction: Theory into practice (4th ed.). Upper Saddle River, NJ: Prentice-Hall.

Does knowledge exist outside of, or separate from, the individual who knows? Constructivists hold that human knowledge, whether the bodies of content in public disciplines (such as mathematics or sociology) or knowledge of the individual learner, is a human construction (Gredler, 2001).





References:
Gredler, M. E. (2001). Learning and instruction: Theory into practice (4th ed.). Upper Saddle River, NJ: Prentice-Hall.

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Pei is popularly known for the controversy surrounding his Grand Louvre Pyramid (1988), constructed in the courtyard of the Louvre (fig. 25.21). The Pyramid deliberately turns the tradition and concept of pyramid inside out. A pyramid is supposed to be solid, dark, and solitary--a mesmerizing symbol of the exotic world beyond the streets and cultures of Europe.

References:
Arnason, H. H. (2003). History of modern art: painting, sculpture, architecture, photography (5th ed.). Upper Saddle River, NJ: Prentice Hall.

We saw one of the highlights of the architectural tour of Paris as we approached the Louvre. The guide told us that Pei's Grand Louvre Pyramid deliberately turns the tradition and concept of pyramid inside out. When we got off the bus we were able to get a closer look at the glass pyramid and what was below it.

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As a further example, APT queries and their results may be used to form rules for expert systems that become part of an intelligent computer-based instructional system. Such a system theoretically can optimize student learning by recommending instructional sequences (i.e., temporal patterns) that have high probabilities of resulting in student mastery. In other words, APT-based decision making by a computer program can provide an empirical foundation for artificial intelligence.

References:
Frick, T. W. (1990). Analysis of patterns in time: A method of recording and quantifying temporal relations in education. American Educational Research Journal, 27(1), 180-204.

One way that learning can be personalized is through the use of computers to aid in "recommending instructional sequences (i.e., temporal patterns) that have high probabilities of resulting in student mastery" (Frick, 1990, p. 202). However, the ability for computers to make appropriate decisions about instructional strategies is limited, in part, by the quality of information they have access to.

References:
Frick, T. W. (1990). Analysis of patterns in time: A method of recording and quantifying temporal relations in education. American Educational Research Journal, 27(1), 180-204.

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But what are reasonable outcomes of the influence of global processes on education? While the question of how global processes influence all aspects of education (and who controls these forces) is multidimensional and not completely testable, there appear to be some theories of globalization as it relates to education that can be empirically examined.

References:
Rutkowski, L., & Rutkowski, D. (2009). Trends in TIMSS responses over time: Evidence of global forces in education? Educational Research and Evaluation, 15(2), 137-152.

The authors are not alone in asking “what are reasonable outcomes of the influence of global processes on education” (p.138). In fact, this same question provides the basis for the discussion that follows.


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Suppose you study a group of successful companies and you find that they emphasize customer focus, or quality improvement, or empowerment; how do you know that you haven't merely discovered the management practice equivalent of having buildings? How do you know that you've discovered something that distinguishes the successful companies from other companies? You don't know. You can't know--not unless you have a control set, a comparison group.

References:
Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Attributes of rigorous research can be shared across subjects of study. For example, Collins and Porras (2002) highlight the importance of having a control group when comparing companies in any effort to identify what specific company characteristics are able to distinguish the successful from the ordinary.

References:
Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

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Merck, in fact, epitomizes the ideological nature--the pragmatic idealism--of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology--core values and a sense of purpose beyond just making money--that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:
Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Several factors can contribute to long-term organizational success. One is the establishment of a core ideology that Collins and Porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). Also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.

References:
Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

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In: Psychology