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Refer to Case 14: Apple Inc.’s Ethical Success and Challenges Apple executives have recently asked for your thoughts on hiring a new supplier in Bangladesh. Bangladesh has been in the news recently for several worker accidents, often because the buildings were unsafe. However, labor in this factory is inexpensive, and doing business with this factory would save significantly on costs. What would your decision be? Explain your reasoning. Be sure to address: How Apple’s philosophy and organizational culture have impacted how it handles ethical decisions Ethical risks in Apple’s operation

please determine and relate any three technological inventions that could have an impact on Santa Cruz Guitar Co. business functioning.

c) Explain how you found your price and minimum number of kayaks from part b above. (Use a minimum of 3 sentences.) d) Suppose after a few weeks the company is in the red. The company is not selling enough kayaks to stay operable and must file for bankruptcy unless something changes quickly. Write a script that you would use to pitch to the CEO and CFO explaining a change (or changes) that can be quickly implemented to generate the revenue the company needs to refrain from going under. (Use a minimum of 6 sentences.)

Which of the following statements best reflects a firm at the most evolved stage of corporate sustainability? "Our goal is to reduce our company's environmental footprints." "Our efforts are focused on improving our company's value chain and holding our suppliers accountable for the environment." "Sustainability principles are considered in all our corporate decisions." "Our commitment to sustainability will be driven by financial considerations."

In the 1970s, Nestle the Swiss based MNC manufacturer and distributor of food and beverage products, was accused of ‘hooking’ mothers of Africa onto the use of infant formula powdered milk for their babies rather than mothers’ breast milk. Given the powder had to be mixed with water and African water was impure many babies died.   The structure of the Nestle organisation in Africa contained separate product, marketing and sales functions. It was a standalone business entity. So, the sales and product executives in Switzerland were not aware that the infant powdered milk was being ‘mis-sold’ and ‘mis-represented’ leading to dead African babies. Many commentators believed that it was the structure of the African business that was to blame as it had no oversight from Switzerland.   It is fair to say that Nestle made significant and profound changes to its governance structure after this event.    1. Explain what you believe could have been lacking in the Nestle Africa business. Did they…

When Apple Inc. decided to open another branch/store/outlet or presence in a totally different market or industry. Include the below in your discussion: a) The implication of labor and capital costs, changes in the cost of labor or capital on their business in the new market or industry b) How will an excess benefit from their production affect how much of the product or service they will produce c) The implication of MRTS and economies of scale on their business venture d) The impact of the availability of substitutes to the production e) The possible effects of the type of industry and competitiveness within it on their business operations.

Start-Up Businesses Being an entrepreneur in a small and young market like Oman is not easy. It is difficult to launch a new product with only some 3 million citizens as your potential clients, launching a new product without thoroughly studying the market needs is not a good idea. An Omani entrepreneur Qais Al-Khonji admits that he failed at his first startup because he did not research the market’s needs, and did not follow a lean methodology. But Al-Khonji has embraced his failure, and moved on to his next projects. “I try and learn even though this means losing. I consider the benefits to be in learning and failure a step towards success,” he says. He's started five startups in the past three years, and he's embraced failure with most of them, closing down four. But business is what he loves, and he's ready to get back up and do it again. “I want to be my own boss and work at what I love doing,” he admitted. Al-Khonji worked in banking for many years and in 2010, he decided to…

Kelsey has been asked to report on how the company's high-rise jeans collection had spread through the marketplace. The management team wants to know which categories of adopters it originally applied to and which ones it applies to today. What process does Kelsey need to review? diffusion of innovation O economies of scale O brainstorming beta testing supply and demand

Every organization relies on its own unique bundle of organisational stakeholders . Each one of the relationships between the organisation and its stakeholders is influential in its ability to serve its mission and achieve above average profits in the profit sector or to create value in the not-for-profit sector. However, there are several ways that stakeholder management differs between the for-profit and notfor-profit organisations. It is easy to think of a for-profit firm that has product market stakeholders, such as customers, who can add or subtract their support by their decision of whether or not to purchase the firm’s products or services. But toknow who is are the customer for a not-for-profit, and are the categories ofproduct, market, organization, and capital market stakeholders might bechallenging to obtain the needed information. 1. Decide on ONE not-for profit organisation either local or internationalbased. Write a detailed information regarding the chosen not-for…

How strategic value and operational outcomes are measured? Explain both with the help of appropriate example.

Your firm has lots of products that fit into the low market share/low industry growth rate category. In other words, most of your products are: A Cash Cows

“ ANTHONY GUERRERO’S DILEMMA” When it comes to being a machinist, Anthony was a true craftsman. Anthony had heard almost everything he knew about Daniel, his first and only boss. Anthony was married with three young children. He was 33 years old and had served for Daniel since he had completed his military service. Within 12 years, Anthony had perfected his talents under the watchful and analytical eye of Daniel. Daniel was able to acknowledge Anthony talent for business. Anthony had a positive attitude about education and a desire towards excellence that Daniel respected.  Daniel Machine Shop was a successful small company. Its performance was mainly based on the reputation for quality that had been developed in its 42 years of operation. Daniel and his new wife, Sheryl, came to this country when he was in his late twenties. Today, the enterprise was a success, but Daniel recalled the early years when he and Sheryl had to struggle. Daniel wanted the company to continue producing the…

There are four common ways for a firm to expand it's operations into overseas markets:  importing, exporting, licensing, and franchising.  First, explain what each approach entails.  Then, select the one that you'd use if you were the CEO of a large company.  Why was this approach particularly appealing?

Mike spends RM35,000 per annum on painting supplies and storage space. He recently received two job offers from a famous marketing firm – one offer was for RM 95,000 per year, and the other was for RM 105,000. However, he turned both jobs down to continue a painting career. If Mike sells 20 paintings per year at a price of RM 8,000 each: Question 1: What are his accounting profits? Question 2: What are his economic profits?

You own AAA Audio/Video Repair. You make service calls to customers’ homes to repair their audio/video equipment such as television sets and home theater systems. Your fixed costs are $10,000 per year, and your variable costs for each service call are $20. If you charge $75 for each service call, how many service calls will you have to make in order to break even?

How is it possible to have positive accounting profit and negative economic profit concurrently?

Differentiate between Strategic Plan and Operational Plan.

2020 total fixed costs 2020 unit variable costs a. Decreased Increased b. Decreased Decreased Increased Increased с. d. Increased Decreased Pesos, G

INSTRUCTION: Give one example of a technopreneur, describe his/her business, and then explain what makes him/her unique entrepreneur. NOTE: Include a business description and rationale for being a unique entrepreneur.

Would you expect two farms of widely different size to have the same fixed costs on their enterprise budgets for the same enterprise? Might economies or diseconomies of size explain any differences?

Microeconomic Chapter Eight Distinguish between a firm's explicit costs and its implicit costs and between a firm's accounting profit and its economic profit.

Janet spends $20,000 per year on painting supplies and storage space. She recently received two job offers from a famous marketing firm- one offer were for $100,000 per year, and the other was for $90,000. However, she turned both jobs down to continue a painting career. If Janet sells 25 paintings per year at a price of $8,000 each: a. What are her accounting profits? Show your steps leading to your answer b. What are her economic profits

What are the types of quantitative and subjective methods used in evaluating and control the operation and performance of a firm. Give example.

Synthesize the latest findings/ results from the literature on firms and imperfect competition. Limit the task to the years 2020 to 2022.

1. mary williams, owner of Williams products, is evaluating whether to introduce a new product line. after thinking through the production process and the costs of raw materials and new equipment, williams estimates the variable costs of each unit produced and sold at $6 and the fixed costs per year at $60,000       a. if the selling price is set at $18 each, how many units must be produced and sold for williams to break even? use both graphic and algebraic approaches to get your answer        b. williams forecasts sales of 10,000 units for the first year if the selling price is set at $14 each. what would be the total contribution to profits from this new product during the first year?         c. if the selling price is set at $12.50, williams forecasts that first-year sales would increase to 15,000 units. which pricing strategy ($14 or $12.50) would result in the greater total contribution to profits?        d. what other considerations would be crucial to the final decision about…

What costs and revenues do economists include when calculating profit that accountants don’t include? Economists and accountants calculate profit with the same costs and revenues. The only difference is that economists work with predicted costs and revenues for the future, whereas accountants work with costs and revenues from previous years. In addition to the explicit costs and revenues used by accountants, economists include all implicit costs and revenues when calculating profit. This means that they include opportunity costs and changes in the value of any assets owned by the firm. In addition to the implicit costs and revenues used by accountants, economists include all explicit costs and revenues when calculating profit. This means that they include labor costs and changes in the value of any assets owned by the firm. In addition to the explicit costs and revenues used by accountants, economists include all implicit costs and revenues when calculating…