Scenario Questions

Scenario Questions

 

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demand curve

Consider a demand curve which takes the form of a straight line cutting both axes. Elasticity at the mid-point of the line would be:

  1. Zero

  2. One infinite

  3. infinite

  4. Can not be calculated  Answer 2 Scenario Questions Accurately Now EXCELLENT 100% CUSTOM ESSAY WRITING SERVICE

innovations and investment

The interrelation between innovations and investment opportunity was first pointed out by:

  1. Schumpeter

  2. Samuelson

  3. T. R. Hicks

  4. Torgenson Answer 2 Scenario Questions Accurately Now EXCELLENT 100% CUSTOM ESSAY WRITING SERVICE

executive protection professionals

What are the attributes of executive protection professionals? How do these attributes help an individual to be successful as a protection professional?

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an industry

What is an industry? Why is it important to include an industry analysis in a business plan?

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inferior good

When an individual’s income falls(while everything else remains the same), his demand for an inferior good:

  1. Increases

  2. Decrease

  3. Remains unchanged

  4. We cannot say without additional information Answer 2 Scenario Questions Accurately Now GET A GENUINE 100 % CUSTOM TERM PAPER

questions from the case given

Please answer the following questions from the case given below in the google drive link.

https://drive.google.com/file/d/10oNU4lZooJ5wPAZ-HSCOkigqFqM5nA-f/view?usp=sharing

  1. Should Warner Bros. strike a deal with BitTorrent? Why or why not? Would your response change if you are the head of Sony’s home video business?

  2. What lessons did Warner Bros. learn from the music industry experience of transitioning from physical sales to internet delivery?

  3. Would a deal with BitTorrent create any channel conflicts for Warner Bros.? If so, how can the firm manage those conflicts?

  4. How important was Warner Bros. deal to BitTorrent? What would it mean to DCM?

  5. Can BitTorrent “future-proof’ its business against the companies with deep pockets? Especially against Apple, Walmart, Amazon, and Netflix?

  6. Does Microsoft’s new video player “Zune” represent a threat or opportunity for Warner Bros. and other content providers? For BitTorrent?

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Professional ethics

Professional ethics

1. Define what a code of ethics is.

2. Identify the basic fundamentals that are necessary for a code of ethics.

3. Identify the differences between ethics and morals.

4. Establish the importance of having a professional code of business ethics.

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What steps would you take to develop a project plan?

What steps would you take to develop a project plan?

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Operations Management

After watching the video on Operations Management (link below), comment on your thoughts and understanding of Operations Management. How important is a proper OM strategy? Does it matter if the organization is small or large? If you were to start a small business, would you pay attention to OM? Why or why not?

https://www.youtube.com/watch?v=leMOReAE2hk

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to reduce the number of people standing in line inside

Altug’s Coffee Shop decides to install an automatic coffee vending machine outside one of its stores to reduce the number of people standing in line inside. Mehmet Altug charges $3.50 per cup. However, it takes too long for people to make changes. The service time is a constant of 4.00 minutes, and the arrival rate is 12 per hour (Poisson distributed).

a) The average wait time in the line = 8 minutes (round your response to two decimal places).

b) The average number of customers waiting in the line = 1.6 customers (round your response to three decimal places).

c) Mehmet raises the price to $5 per cup and takes 60 seconds off the service time. However, because the coffee is now so expensive, the arrival rate drops to 9 per hour

The average wait time in the line = 1.23′ minutes (round your response to two decimal places).

The average number of customers waiting in the line = D customers (round your response to three decimal places).

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