4 .A nation is worried about its current level ofenvironmental regulation. It is stricter than anyother nation, and its companies have recentlyborn heavy costs to comply. The nation isworried that its firms will not be able tocompete with foreign competition in the longrun. How would an advocate for the Porterhypothesis respond to such worries, and whatis the rationale behind the response?

According to the Porter hypothesis, rigorous environmental restrictions can boost business…

Answered: .A nation is worried about its current…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Ex 4.12 Formulate the linear programming model of the following problems. Titan Credit Card Marketing works for HSBC to verify and approve credit card application. TCCM receives P380 for every completed customer application. The company maintained three call agents targeting at P20,000 worth of approvals daily, altogether. In a regular working day, James can process as much as P3000 worth of applications. Mark can process twice as much as Tim. How many credit cards should each call agent process to achieve the target for the day. Formulate the LP model
Q1. As a result of Covid 19, your management has decided that some key yield management analytics be manipulated in order to ensure cashflow for the hotel to survival the turbulence. As a result, you have been asked by management to look into how you can manage at least 50% occupancy for the first quarter, then an increment of 20% on the second quarter, 30% and 40% on the third and fourth quarters respectively. The total rooms available in your hotel is 920, and management expect a base revenue of GHS85,000.00. The base revenue of GHS85,000.00 is expected to increase by 20% on the second quarter, 30% and 40% on the third and fourth quarters respectively. 1. Identify the two most important yield management analytics (measures) that must be considered, offering explanations to what they are in hotel management. 2. Apply the formulas of these two measures to provide the actual figures that you expect to operate with, indicating the step-by-step stages of your calculations for clarity to…
As a computer manufacturer, you are faced with the challenge of designing quality machines with very excellent processing speed, which should also be affordable to all. Q. Discuss a mechanism you would employ to produce a high-quality machine with good speed but at an affordable cost.
Q-1)A glass melting furnaces feed auto plumping machines for producing the electric lamp casing (balloon),there are two main kinds can be produced, the original and the big one, they must produce at least 25 million of the original but not accede over 35 million ,and they must produce 3 million of the big one, however the ratio of the original must be at least 5 times to the big one which make a profit double the original, producing million of the big one utilize 5% Of the available materials but the original utilize 2.5% of the available materials ,For this problem ,the objective function is: Max Z =0.5X1+2X2 O MIN Z =2X1+X2 O Max Z =2X1+2X2 O Max Z =2X1+X2
1
Question 31 When a firm operates in multiple geographic markets simultaneously it is said to be implementing a product diversification strategy. OA) True B) False Question 32 Multipoint competition exists when two or more diversified firms simultaneously compete in multiple markets, and multipoint competition can serve to facilitate a particular type of tacit collusion called mutual forbearance. A) True B) False Question 33 Institutional owners are usually pension funds, mutual funds, insurance companies, or other groups of investors that have joined together to manage their investments. OA) True B) False
A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
f1. Subject :- Accounting
Q.1.1 Describe how the concept of risk is important during the business management planning process. (3) Q.1.2 Distinguish between a peril and a hazard. (Hint: Use examples where applicable) (3) Q.1.3 Differentiate between priori probabilities and subjective probabilities in risk management. (3) Q.1.4 Principle two of King I report states that the board of directors and managersshould ensure that through a managed and effective process, board appointmentsare made that provide a mix of proficient directors, each of whom is able to addvalue and to bring independent judgement to bear on the decision-makingprocess. Describe how this principle is important in risk management. (3) Q.1.5 Differentiate between micro and macro risk. (3)Question 2 (Marks: 25) Q.2.1 Outline the measures used to describe possible loss accurately? (5) Q.2.2 Effective risk management does not function in a vacuum and rarely survives aleadership failure. The risk management function can review, inform,…
5 Joe's Supermarket is an international market that features food items from around the world. How would Joe leverage physical evidence and partnerships to increase customer loyalty? Joe could offer an overall clean environment with branded displays of the least-purchased products in the store. Joe could focus exclusively on creating an attractive, stimulated environment in his store. Joe could offer a highly stimulated environment with branded displays of the products on the highest discount in the store. Joe could offer an overall clean environment with branded displays of the most-purchased products in the store.
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