Essays on Upper Saddle River

American Public University

1. Compute the elasticities for each independent variable. Note: Write down all of your calculations. QD = - 5200 - 42P + 20PX + 5.2I + 0.20A + 0.25M and Q = Quantity demanded of 3-pack units P (in cents) = Price of the product = 500 cents per 3-pack unit PX (in cents) = Price of leading competitor’s product = 600 cents per 3-pack unit I (in dollars) = Per capita income of the standard metropolitan statistical area (SMSA) in which the supermarkets are located = $5,500 A (in dollars) = Monthly advertising expenditures = $10,000 M = Number of microwave ovens sold in the SMSA in which the supermarkets ...

American Public University

1. Compute the elasticities for each independent variable. Note: Write down all of your calculations. The demand estimation as follows: QD = -3,500 - 150P + 30A + 75PX + 10Y. When P=300, A=750, PX=200, and Y=10,000. Placing these numbers into equation: QD=-3,500-150(300)+30(750)+75(200)+10(10,000)=QD=-3,500-45,000+22,500+15,000+100,000=89,000. Under given these numbers, we have 89,000 products demanded. Price elasticity of demand is [d(QD)/d(P)]/[QD/P]. Therefore, we take a derivative of the function subject to price, and we assume other variables do not ...

Globalization is a complex process, the consequences of which cover political and legal, economic and cultural spheres of society. This process causes the extensive discussions in the various expert communities and among the common people (Keegan and Green 47). In the politico-legal sphere, globalization is expressed in strengthening the role of international organizations, which standard-setting activity shifts the focus of many legal regulations of public relations from national into international legal plane. At the same time, spreading to areas previously traditional for the national legislator, the international law is unable to be the guarantor of lasting peace. The globalized ...

Why the North Won the Civil War

As many understand now, the Confederacy’s economy was based almost entirely on what it could produce agriculturally. Essentially, the economy was built on the backs of slaves and when the war began, there was only one iron foundry south of the Mason Dixon line. Confederate leaders remained sure this, as well as cotton and other agricultural endeavors would be enough to see the states through the war and beyond. They may have been correct in believing this at the time, as Britain relied heavily on the cotton resources to continue their textile industries, and Confederate leaders assumed if ...

Management

MANAGEMENT Executive Summary NIVEA is the initial label and most significant line of Beiersdorf, a derma care organization that was started in Germany. Beiersdorf’s common aim is to become the leading care label in the product categories and market. The agency plans to attain such goals by utilizing NIVEA as a star line strategically. NIVEA's communication purpose is to reinforce its brand as the leading derma care line and to update its brand image (Keller, 2008, p. 6). Lately, the organization has declared Blue agenda the label compass, which concentrates on reinforcing the NIVEA line. Nevertheless, the firm ...

Corporate citizenship, or Corporate social responsibility is the way every firm influences on the environmental and social wellbeing. CSR refers not only to the environmental protection groups or social institutions. Every company, large or small is interested in performing CSR. Even though most of the actions do not bring the firm fast financial benefits, still being people oriented is paramount for the business’ success, especially in the innovative market. Based on the company’s approach, there are three main types of CSR defined, namely: (1) Business case model; (2) Social values model; and (3) Syncretic Stewardship model. Thus, CSR ...

An effective supply chain management is vital for the success of the firm. In turn, it lies in the deep understanding of what is the company’s target audience and what are the needs and expectations of the clients. A well established supply chain is an effective network between the firm, its suppliers, intermediaries and consumers. Innovation industry cannot adopt a single type of the supply channels, either direct or indirect, as this market niche is rapidly developing and thus must be both, flexible and stable. Hereafter, most of the successful high-tech companies use a mixed channels model (Mohr, ...

The Environmental Systems Research Institute (ESRI) is one of the leaders in the high-tech market with its GIS software, ArcInfo launched in 1980s. The company managed to succeed without involving extra venture capital or going public. ESRI’s success was based on the classic smart business practices and providing their customers with what they really needed (Mohr, Sengupta, & Slater, 2010, p. 495). Novartis is as well one of the leaders in the innovation market, but of the other industry. The company is named to be the third largest pharmaceutical company by sales and continues to grow (Mumenthaler, 2009, p.4). ...

Introduction

The effects of child abuse are risk factors for later lifespan development. There are public policies in force about this issue. There are extreme risk factors associated with child abuse that may not be prevented by public policy. Both internalized and externalized problems that can result from child abuse often lead to overall adjustment issues (Leeson, 2011). Victims of child abuse often suffer an inability to accept their abuse, as well as having difficulties with transitioning through other life experience (Leeson, 2011). Intervention can also be harmful to child development. Ill-treatment and neglect is a public issue because children ...

Employee pay plan uses the following establishment; the salary survey, job evaluation, pay grade grouping, price pay grade-wage curves, and fine tune pay rates. The salary survey is done by employers and Human Resource personnel. The data collected helps determine the employees’ salaries such that they are not over or under-compensated for their input at the workplace. It is typical for employers to pay 20% or more of the current market rates for vacancies at their firms in a bid to attract qualified and experienced staff. Job evaluation is a prudent activity undertaken by employers. It helps determine a ...

What holes did you find in the article entitled, “Effective Gating?”

Dr. Cooper, R.G., in his article “Effective Gating” claims that modern companies do not stop any projects at their 1st stage, but rather take them all into further business’s product roadmap stations. Taking into account limited resources the company affords, passing too many innovative projects through the Gate 1 stage may result in financial losses and will definitely deter management from the most profitable ideas. However, the author also states that companies can and should kill and send for reviews projects at any stage, not only when the idea is just created (Cooper, 2009, p.13). So, he encourages ...

Creating a good marketing strategy is one of the key steps to make the business successful. Moreover, if a firm tends to sustain its growth, the strategy adopted must be flexible and innovative but based on a solid marketing research and analysis. Especially it concerns high technology market, as any company that aims to be a leader in it must be innovative and creative (Mohr, Sengupta, & Slater, 2010, p. 66). Barry Curewitz in his article Want New Products That Get Noticed? Change The Process evaluates the results received within a study conducted together with Davis Research (2007). The research ...

Introduction

If an employee with access to sensitive information was terminated, then the employee is considered as an insider threat. These insiders can cause three types of threats to an organization: Sabotage, Fraud, or theft of intellectual property (IP) or data using Information Technology (IT). IT sabotage uses IT to harm the critical assets of the organization. IT can be used to steal data or IP or also for espionage by insiders. Using IT to tamper data, addition, or deletion of data for personal gain or to perform an identity crime can be considered IT fraud.

Hacker’s Targets

In the present scenario, ...

An effective marketing plan must cover a number of the most important points. As it is listed by Mohr, J., Sengupta, S., and Slater, S. (2010, pp. 43-44), market analysis, company analysis and marketing strategy are among the paramount parts to be discussed in the marketing plan. Marketing strategy is mainly based on the 4P’s, which are Product, Price, Promotion and Place (Distribution). All these elements are interrelated and create a so-called marketing mix, which defines company’s success. In the 3M Greptile Grip Golf Glove (3M) case, each of the 4P’s elements was described as follows: ...

The questions which most people ask or think about is how the knowledge possessed today was acquired and accumulated within the mind. In addition to this, it is not an easy task to distinguish sadness and depression, anxiety and sleep disorders. Prior to enrolling in the study unit ‘Abnormal Psychology’ it was not easy to tell how all these aspects are interrelated as without getting to understand the character attributed to each of the cognitive aspects and processes. It was easy to overlook these aspects just as random features haphazardly crossing the mind without a clearly defined course nor ...

Policy making processes can be long and arduous. Nevertheless, they play a very important role in determining the way a country should be governed (Anderson, 2015). One of the issues that needs urgent attention from public officials is the crowding in correction facilities. A correction institution is a place where people who have been convicted of crime are kept and housed in an environment of limited freedom. The amount of time one spends in prison depends on a number of issues and the nature of crime committed. Convicted felons are transferred to places that suited to hold them according ...

As my course requirement, I’m expected to carry out a research and present a viable business project. Due to this reason, I have been having a relatively complex decision to make; either to pick the topic availed to me by my professors or pick a topic of my choice. After numerous consultations and pilot researches on related topics, I felt that I should settle on my own topic. Personally, the topic was more appealing, as for that fact, I would have the joy of doing what I loved most; my own selection. Even though the topic availed to ...

Introduction

The Minoan Civilization was the forerunner of the ancient Greek culture which emerged from the island of Crete. The island of Crete was isolated from the rest of the Greek mainland by the Sea of Crete to the north and by the Mediterranean Sea to the west. The island with its mountainous rugged terrain and white sand coastal areas proved to be a great spot for international affairs and trade routes especially for the European, Africa, and Asia Minor merchants. Because of its isolated landscape, many scholars have proposed the existence of cultural interactions between Cretan civilization and those ...

Introduction

Portakabin is a company that concentrates on the designing and delivery of modular buildings to its customers. The company is dedicated to providing its clients with quality products and services that match their needs. The initial company market dealt with the construction industry with a concentration on portable buildings that offered on-site storage and accommodation for the clients. However, the company has diversified its market by extending it to include schools, medical centers, and offices as well. Portakabin (2011) reveals that the company is one of the most recognized and well-established brand image. Its brand image is enhanced by ...

Situation Analysis

Company Trip advisor is a US Based Company the offers guide and review services to travelers seeking information on various travel destinations. The advice and reviews are on a wide range of services including flights, hotels, resorts and travel packages among others. The business’ key operations are online based and entail an interactive platform (TripAdvisor, 2016a).

Goals

The major goals of the Company are to offer trusted service as well as a variety of choices for travelers across the globe (TripAdvisor, 2016c).

Resources

The key resources of the Trip advisor are its online platform and skilled personnel that determine its ability ...

Stromberg, Roland N. “The Great War of 1914-1918.” Europe in the Twentieth Century (4 ed.). Upper Saddle River, NJ: Prentice Hall, 1997. 67-102. Print. In the eyes of humankind, the war has always been associated with something that should never happen, and the first words that come to mind when one hear the word “war” are “death,” “destruction,” and “devastation.” The twentieth century was rich for wars, and one of them took place in 1914-1918 years. The First World War, or the “Great War” how it is called, was the first global conflict that involved two major sides with ...

Geographically, most cases of bovine spongiform encephalopathy were reported to survive within the indigenous cows. This was mainly in countries found in Europe, such as United Kingdom. It was again seen in those imported animal from Falkland as well as Oman. Also some reports were issued in Europe concerning the outcome of bovine spongiform encephalopathy in surveillance programs. According to the climatic condition, this infectious agent was found to be distinctive in temperatures above 600 degrees Celsius. It was a core contributor to the great spread of the disease in United Kingdom which had been found to reduce temperatures ...

Introduction and Company background

Owens-Illinois is one of the largest glass manufacturers in the world. Owens-Illinois (O-I) with 62% market share is the largest glass bottle maker in the world (O-I, 2015). The company has a century-long history of glass making. O-I has introduced the automation in the glass bottle making process in early 20th century. Presently, O-I has presence in four continents (APAC, EU, LA and NA) and has over 80 manufacturing plants all over the globe (O-I, 2015). O-I supplies glass bottles to many major beer companies and wine companies. O-I has posted a revenue of $6.9 billion in 2014-2015 with ...

Performance Management

Abstract Performance management is an essential element in any organization. Measuring an organization's performance harness the management's ability to evaluate the company's position and determine its capacity to stipulated objectives. Subsequently, through performance evaluation, an organization receives real-time data documenting its progress, strengths, weaknesses, threats, as well as potent opportunities. Therefore, the received information plays a focal role in guiding an organization towards achieving its mandate and surpassing numerous obstacles. Dr. W Edward Deming, an American engineer, lecturer, statistician, management consultant, and professor unveiled the System of Profound Knowledge. Though it marked the culmination of the professor's works, he ...

Ethics is the accepted code of conduct (principles of wrong or right) that control the behavior of an individual, an organization or group of a profession. It is always considered to be a factor of variation in politics, economic growth, culture and legal systems. Particular practices might be unethical when viewed by other countries' standards. Most common ethical issues are related to human rights, labor standards, and financial standards, accounting standards, environmental regulations, moral obligations, and corruption. The international business setting, through its economic and cultural diversity, time and again exposes foreign executives to significant challenges. On a short ...

Perseverance is a quality, a trait that only a select few have and it is those select few that achieve recognition for their work. Those individuals, who are determined to achieve the impossible, do persevere. People that have persevered are Martin Luther King Jr., Sir Isaac Newton, Mahatma Gandhi and many others. They stood by their beliefs and understandings against harsh obstacles, and achieved their intended results. Perseverance is as much as a part of them as it is a part of me. To this end I feel so good about all the dedication, hard work and perseverance that I have put into changing ...

Operations Management: A Case of Hilton and Etap

With the increased rate of globalization in business, most business managers are in turn increasingly focusing on the need to keep up with the management and financial requirements for a globalised business organization. Operations management has never been as vital as it is now with the era of globalization, and has therefore become a subject of study, research and practice. By definition, operations management is the management practice that deals with the design and management of business products, services, processes and supply chains (Cunill 2009). Within the scope of business operational management, there is the aspect of consideration of the acquisition, ...

Introduction

Canada is known as a diverse multicultural society with its main reliance on immigration to prop up the population and has become ethnically diverse through the growth of the visible minority population. Every year Canada welcomes 225,000 immigrants. Recent demographic census of Canada suggests that over the next decade visible minorities will represent almost a quarter of the population of Canada and half of the population of Toronto and Vancouver. Andrew Cardozo and Ravi Pandaker argue that issues related to ethnicity should be treated in the policy foreground (Cardozo and Pandaker, 7). This study will argue that not enough attention ...

Introduction

Culture can be termed as the process of modifying or inventing way of life transmittable to another in a consistent pattern in relation to stylistic features which can recognized. The patterns spread within social units of a given population having intergenerational enduring meaning the acquired patterns must be retained .on the other hand, technology is the integration of made used, modified and known tools, techniques ,machines, systems, crafts and organizational methods to solve or advance already existing solutions to societal problems. The interaction between culture and technology is a contestable argument and the debate on which factor (culture and technology) drives the ...