faizanhashmi16574

HELP ME ASAP PLS FOR SOLVING THESE QUESTIONS I GOT THE WRONG ANSWER.

HELP ME ASAP PLS, i got the wrong answers.

The central angle of a simple curve is 37. If the midpoint of the curve is 14 meters nearer the vertex, what is the degree (2 decimals) of the curve? Use arc basis.

6.45

A vertical parabolic curve has a back tangent of -5% and a forward tangent of +3%. If the stationing of P.C. is at 1+050, locate the stationing of the lowest point of the curve. The length of the curve is 250 meters. (NO SPACEBAR, 2 decimals)

246.08

HELP ME ASAP PLS FOR THIS PROBLEM I GOT IT WRONG I WANT TO KNOW THE CORRECT ANSWER PLS for reviewing

The distance between parallel tangents of a reversed curve is 12 meters and the central angle is 11 degrees. If the radius of the common curve is 150 meters, find the length (2 decimals) of the long chord from P.C.to P.T. of the reverse curve. X need help here

The central angle of a simple curve is 37. If the midpoint of the curve is 14 meters nearer the vertex, what is the degree (2 decimals) of the curve? Use arc basis. 6.45

Read Publishing is considering the purchase of a used printingpress costing $84,200. The printing press would generate a net cashinflow of $37,422 a year for 3 years. At the end of 3 years, thepress would have no salvage value. The company's cost of capital is10 percent. The company uses straight-line depreciation. Thepresent value factors of an annuity of $1.00 for different rates ofreturn are as follows:
Cost of Capital
Period 8% 10% 12% 14% 16%
2 1.78 1.74 1.69 1.65 1.61
3 2.58 2.49 2.40 2.32 2.25
4 3.31 3.17 3.04 2.91 2.80
The investment's net present value is:

Waterman Publishing is considering the purchase of a used printing press costing $38,400. The printing press would generate a net cash inflow of $16,000 a year for 3 years. At the end of 3 years, the press would have no salvage value. The company's cost of capital is 10 percent. The company uses straight-line depreciation. The project

Wells Printing cost of capital

2NO (g) + CL2 (g) ----> 2NOCL (g) triangle H degree = -77.3 KJ

Calculate standard enthalpy change for production of 27.00 g of NOCL

H2 (g) + F2 (g) → 2HF (g) ∆H=-125 kJ

1) How much heat (in kJ) will be released when 120.06g of hydrogen fluoride is produced?

2) How much heat (in kJ) will be released when 114.0g of fluorine is reacted?

Playland at Pacific National Exhibition is an amusement park offering 31 different rides (including 4 rollercoasters and 1 water ride). The guests who are 48” or taller can go on any ride they want and so they get more value from visiting the park; let us say their individual demand is given by P = 5 – 0.25qO, where P is the price per ride ($ per ride) and qO is the number of the rides (per day) (the subscript O stands for “One Day;” that’s how the park calls its passes for the guests who are 48” or taller). The guests who are under 48” are not allowed on certain rides so they get less value from visiting the park; let us say their individual demand is given by P = 4 – 0.25qJ, where P is the price per ride ($ per ride) and qJ is the number of the rides (per day) (the subscript J stands for “Jr. One Day;” that’s how the park calls its passes for the guests under 48”). Assume it costs the park flat ¢25 per guest to operate a single ride, and it costs the park flat ¢75 to issue a single ticket to a ride. Assume there are 500 guests 48” or taller and 500 guests under 48” on an average day. We can consider Playland a monopolist in Vancouver

If Playland employed a two-part tariff scheme (the park may choose to ticket each ride, or they may choose to let people go on as many rides [at zero price per ride] as they want and only charge the gate fee for the access to the rides),

6. what would be the gate entry fee for guests 48” or taller ($ per guest)?

7. what would be the gate entry fee for guests under 48” ($ per guest)?

8. what would be the price per ride ($ per ride)?

9. what is Playland’s profit on an average day ($ per day)? Assume zero fixed cost.

An amusement park has estimated the following demand equation for the average park guest

Q=16?2P

Where Q represents the number of rides per guest and P the price per ride. The total cost of providing rides to a guest is

TC=2+0.5Q

If a one-price policy is used, how much should it charge per ride if the park wishes to maximize its profit?

What is the park's profit for each guest?

If a two-part tariff policy is used, what admission fee should the park charge to maximize its profit?

What is the park's profit for each guest?

Anil is planning a birthday party at an amusement park for his young daughter and her friends. The manager of the park is considering whether to use uniform pricing or two-part-pricing. Anil’s willingness to pay for rides for the party is p = 25 - 0.5Q, where p is the ticket price per ride and Q is the number of rides. The amusement park has a marginal cost of $5. Its fixed cost for handling the party is $20. MR=25-Q; CS=0.5*(25-p)*Q. a. Fill in the spreadsheet’s cells for p, CS, R, MR, C, MC and profit. If the manager uses uniform pricing, what is the profit- maximizing ticket price per ride, the number of rides, and the profit earned by the park? (Indicate this by highlighting the row). b. Suppose that the manager uses two-part pricing: an entry fee for the entire party and a price per ride. Calculate the profit- maximizing entry fee if the price per ride is the same as the monopoly price that you determined in part a. Calculate the total profit earned by the park. (Copy the values from the spreadsheet in part a). c. Now suppose the manager uses two-part pricing with a per-ride price equal to marginal cost and a profit-maximizing entry fee. Determine the price per ride, the number of rides, and the total profit (including profit from ticket sales and the entry fee) in this case.

Suppose the individual demand for rides at an amusement park isrepresented by the
demand function y = 10-p , where y is the number of rides and p isthe price per ride.

The amusement park incurs a constant marginal cost of $2 perride.
Suppose, in order to maximize profit, the amusement park practicesa two-part tariff.
How much will the park charge per ride and what will be theentrance fee?

I have to write an Argumentative Essay about an challenge I face in my life? I want to write how I have an IEP and how I have struggled more in school than other but that hasn’t stop me from challenge myself.

Can you give me an idea how to start of my argumentative essay and what can be my body paragraphs? Please help. Thank you

Which African river is the longest in the world? 

Ronald Reagan believed that taxpayers shouldn't be " subsidizing intellectual." What courses at a university might be defined as "intellectual curiosities?

The typical customer of an amusement park has a demand for rides of qD = 30 – 10PD where q is measured in number of rides and P in dollars per ride. a. Suppose the marginal cost of any ride is $2. How much should the amusement park charge in admission fee? Clearly explain.

b. Suppose instead the marginal cost of a ride increases with the overall number of rides according to the schedule MC = $2 + 0.001Q where Q is the overall number of rides. If the amusement park has 100 visitors, how much should the park charge per ride? How much should it charge as admission fee?

A monopolist is about to open a new amusement park. A typical visitor is expected to take Q = 8- P rides, where P is the price of a ride. The marginal cost of a ride is two (MC = AC = 2).

1. Derive the typical visitors inverse demand function, where P is a function of Q, for rides. How much is a typical visitor willing to pay (reservation price) for a total of 4 rides?

2. The monopolist decides to practice a two-part tariff in the park. How much admission fee would she set and how much would she charge per ride? What will be the profit per visitor?

3. Now, she considers to sell a package of tickets (each ticket is redeemed for one ride) instead of charging admission fee. How many tickets should be included in the package and what should the price of the package be?

The Fun-Land Amusement Park is a 40-acre fun park full of rides, shows, and shops. Fun-Land's marketing department segments its customer base into two parts: local patrons and tourists. Fun-Land assumes local patrons are more price sensitive than out-of-town tourists. Yearly demand and marginal revenue relations for overnight lodging services, Q, are as follows: Locals PL = $40 - $0.0005QL MRL = $40 - $0.001QL Tourists PT = $50 - $0.0004QT MRT= $50 - $0.0008QT Marginal cost is constant at $20 per unit. A) Assuming the company can discriminate in price between locals and tourists customers calculate the profit-maximizing price, output, and total profit contribution levels. B) Calculate point price elasticity of demand for each customer class at the activity levels identified in part A. C) Given a fixed cost of $150,000 what is the firm

x.Hm

41.

The long-run supply curve for a competitive constant-costindustry is:

A) horizontal.
B) vertical.
C) downward-sloping.
D) upward-sloping.

42.

An economist left his $100,000-a-year teaching position to workfull-time in his own consulting business. In the first year, he hadtotal revenue of $200,000 and business expenses of $150,000. Shemade a(n):

A) implicit profit.
B) accounting loss but not an economic loss.
C) zero economic profit.
D) economic profit.
E) economic loss.

43.

The demand for labor curve is identical to the:

A) total revenue curve.
B) marginal revenue product curve.
C) total wage cost curve.
D) marginal revenue curve.
E) marginal resource curve.

44.

A monopsony owner believes that hiring an additional workerwould increase the company's revenue by $150 per day. We canconclude that the monopsony pays its workers:

A) exactly $150 per day.
B) more than $150 per day.
C) exactly $75 per day.
D) less than $150 per day.

45.

At the level of output where the marginal cost and marginalrevenue curves intersect, a monopolist's demand curve passes aboveits average total cost curve. The firm will:

A) shut down in the short-run.
B) increase its price.
C) stay in operation in the short-run, but shut down.
D) be able to make a pure economic profit.

46.

Since the demand for labor depends on the demand for the productlabor produces, the demand for labor is called:

A) derived demand.
B) primary demand.
C) secondary demand.
D) dependent demand.

47.

A monopoly is:

A) the only buyer of a unique raw material.
B) a seller of a highly advertised and differentiated product in amarket with low barriers to entry in the long run.
C) the only seller of a good for which there are no goodsubstitutes in a market with high barriers to entry.
D) the producer of a product subsidized by thegovernment.

48.

Exhibit 11-2 Labor and output data

In Exhibit 11-2, if product price is fixed at $5, the MRP of thethird worker is equal to:

A) $125.

A firm that is a "pure monopoly" is:

1.A firm is a pure monopoly when:

a.it is the only seller of a unique product and barriers to entry prevent other sellers from

entering the market in the long run.

b.it is the only seller of a product that has very few close substitutes and entry into the

market in the long run is unrestricted.

c.there are only a few other very large firms selling similar products.

d.it can sell all it can produce at any price it chooses.

2.Barriers to entry:

a.guarantee that a firm will always earn positive economic profit.

b.cannot be maintained in the long run because other firms will always find a way to enter a profitable industry.

c.are obstacles that make it impossible or unprofitable for new firms to enter a market in the long run.

d.characterize both perfectly competitive and monopoly markets.

3.Which of the following is not one of the defining characteristics of a pure monopoly?

a.The firm is the only seller of a unique product.

b.There are no close substitutes for the firm’s product.

c.The brand-name of the product is protected by trademark law.

d.Barriers to entry prevent potentials rivals from entering the market.

4.Which statement isincorrect?

a.A pure monopolist’s demand curve is the market demand curve.

b.A monopoly produces a product for which there are no close substitutes.

c.Marginal revenue is less than price for a monopolist that cannot price discriminate.

d.A monopolist’s market position ensures positive economic profits.

5.For a firm with monopoly power that cannot engage in price discrimination:

a.the marginal revenue curve lies below the demand curve because any reduction in price

applies only to the last unit sold.

b.the marginal revenue curve lies below the demand curve because the firm must lower

price on all units in order to sell a higher level of output.

c.the marginal revenue curve lies above the demand curve because the monopoly firm

can charge any price it wishes.

d.total revenue is a linear function of output because sales are independent of product

price.

6.At the profit-maximizing level of output for a monopolist that cannot price discriminate,

the price charged will:

a.equal to MC.

b.equal to MR.

c.exceed both MR and MC.

d.be less than both MR and MC

9.The monopolist is:
a.earning zero economic profit.
b.earning positive economic profit equal $2,400.
c.earning positive economic profit equal to $640.
d.incurring economic losses equal to $1,760.

10.Which of the following is not an example of a barrier to entry?
a.MB = MC and P = MC = minimum ATC.
b.Deadweight Loss = 0.
c.consumer and producer surplus are maximized.
d.all of the above.
11.A monopolist maximizes short-run profit by producing the level of output where:
a.MR = 0.
b.MR = MC.
c.MR = P.
d.P = MC.
12.Suppose that MR = MC = $3 at an output level of 2,000 units. If a monopolist produces
and sells 2,000 units, charging a price of $6 per unit and incurring average total cost of $5
per unit, the monopolist will:
a.earn profit equal to $2,000.
b.earn profit equal to $6,000.
c.choose to sell fewer than 2,000 units in order to charge a higher price.
d.choose to sell more than 2,000 units in order to increase revenue.
13.A monopoly produces a ________ level of output and charges a _________ price than a
perfectly competitive industry, provided economies of scale are not significant.
a.lower; higher
b.higher; higher
c.Higher; lower
d.lower; lower
14.A monopolist that earn positive economic profit in the short run will:
a.always continue to earn positive economic profit in the long run.
b.earn positive economic profit in the long run if it can maintain barriers to entry,
assuming no changes in costs or market demand.
c.earn higher economic profit in the long run because of economies of scale.
d.earn zero economic profit in long-run equilibrium.
15.A firm gains monopoly power when:
a.barriers to entry can be erected and maintained.
b.other firms cannot produce an identical product but are able to purchase a close
substitute.
c.it can sell all that it can produce at the price determined by market forces.
d.it must raise price on all units in order to sell a higher level of output.
16.Which of the following is not an example of price discrimination?
a.An airline charges lower prices for tickets purchased well in advance.
b.An airline charges higher prices for larger seats in the first-class section.
c.A psychologist charges a lower fee to low-income patients.
d.A movie theater gives a discount to students and senior citizens.
17.In order to price discriminate, a monopoly firm must be able to:
a.separate customers based on different elasticities of demand.
b.charge each customer the same price.
c.incur a different cost for producing each unit of output.
d.all of the above.
18.If DeBeers has a monopoly in the diamond market, then:
a.DeBeers must be engaging in perfect price discrimination if it is charging every
customer the same price for a diamond.
b.the marginal revenue of selling one more diamond is greater than the price of that
diamond if DeBeers cannot price discriminate.
c.the marginal revenue of selling one more diamond is less than the price of that diamond
if DeBeers cannot price discriminate.
d.the market demand for diamonds is perfectl
y elastic.
19.A producer of Product X is most likely to be a monopolist when:
a.there are close substitutes for Product X.
b.there are no close substitutes for Product X and there are barriers to entry into the
industry.
c.a single firm owns the patent for manufacturing Product X, but other firms can sell
Product Y which is a close substitute for Product X.
d.there are no close substitutes for Product X and there are no barriers to entry into the
industry.
20.For a monopolist, it is always true that:
a.profit is maximized where marginal revenue equals marginal cost.
b.economic profit is positive in both the short run and the long run.
c.price is greater than average total cost.
d.all of the above are always true

12.Suppose that MR = MC = $3 at an output level of 2,000 units. If a monopolist produces
and sells 2,000 units, charging a price of $6 per unit and incurring average total cost of $5
per unit, the monopolist will:
a.earn profit equal to $2,000.
b.earn profit equal to $6,000.
c.choose to sell fewer than 2,000 units in order to charge a higher price.
d.choose to sell more than 2,000 units in order to increase revenue.
13.A monopoly produces a ________ level of output and charges a _________ price than a
perfectly competitive industry, provided economies of scale are not significant.
a.lower; higher
b.higher; higher
c.Higher; lower
d.lower; lower
14.A monopolist that earn positive economic profit in the short run will:
a.always continue to earn positive economic profit in the long run.
b.earn positive economic profit in the long run if it can maintain barriers to entry,
assuming no changes in costs or market demand.
c.earn higher economic profit in the long run because of economies of scale.
d.earn zero economic profit in long-run equilibrium.
15.A firm gains monopoly power when:
a.barriers to entry can be erected and maintained.
b.other firms cannot produce an identical product but are able to purchase a close
substitute.
c.it can sell all that it can produce at the price determined by market forces.
d.it must raise price on all units in order to sell a higher level of output.
16.Which of the following is not an example of price discrimination?
a.An airline charges lower prices for tickets purchased well in advance.
b.An airline charges higher prices for larger seats in the first-class section.
c.A psychologist charges a lower fee to low-income patients.
d.A movie theater gives a discount to students and senior citizens.
17.In order to price discriminate, a monopoly firm must be able to:
a.separate customers based on different elasticities of demand.
b.charge each customer the same price.
c.incur a different cost for producing each unit of output.
d.all of the above.
18.If DeBeers has a monopoly in the diamond market, then:
a.DeBeers must be engaging in perfect price discrimination if it is charging every
customer the same price for a diamond.
b.the marginal revenue of selling one more diamond is greater than the price of that
diamond if DeBeers cannot price discriminate.
c.the marginal revenue of selling one more diamond is less than the price of that diamond
if DeBeers cannot price discriminate.
d.the market demand for diamonds is perfectl
y elastic.
19.A producer of Product X is most likely to be a monopolist when:
a.there are close substitutes for Product X.
b.there are no close substitutes for Product X and there are barriers to entry into the
industry.
c.a single firm owns the patent for manufacturing Product X, but other firms can sell
Product Y which is a close substitute for Product X.
d.there are no close substitutes for Product X and there are no barriers to entry into the
industry.
20.For a monopolist, it is always true that:
a.profit is maximized where marginal revenue equals marginal cost.
b.economic profit is positive in both the short run and the long run.
c.price is greater than average total cost.
d.all of the above are always true

The local zoo has hired you to assist them in setting admission prices. The zoo's managers recognize that there are two distinct demand curves for zoo admission. One demand curve applies to those ages 12 to 64, while the other is for children and senior citizens. The two demand and marginal revenue curves are:

PA = 9.6 - 0.08QA

MRA = 9.6 - 0.16QA

PCS = 4 - 0.05QCS

MRCS = 4 - 0.10QCS

where PA = adult price, PCS = children's/senior citizen's price, QA = daily quantity of adults, and QCS = daily quantity of children and senior citizens. Crowding is not a problem at the zoo so that the managers consider the marginal cost to be zero.

Hint: Whenever inverse demand is P=a-bQ, marginal revenue is MR=a-2bQ

a. To start, what is the total revenue that would be collected if the zoo decides not to price discriminate?

b. If the zoo decides to price discriminate, what are the profit-maximizing price and quantity in each market? Calculate total revenue in each sub-market. How does the total compare to the total revenue from part (a)?

c. What is the elasticity of demand at the quantities calculated in (b) for each market. Are these elasticities consistent with your understanding of profit maximization and the relationship between marginal revenue and elasticity?

The Do-Drop-Inn, Inc., provides vacation lodging services to both family and senior citizen customers. Elasticity of Demand and marginal cost relations for overnight lodging services, Q, are as follows:

Elasticity of Demand Senior Citizens = -3

Elasticity of Demand Families = 2

MC = $80.00

Assuming the company can discriminate in price between family and senior citizen customers calculate the profit-maximizing price for each group.

Price of room for senior citizens =

Price of room for families =

TLC Lawn Care, Inc. provides fertilizer and weed control services to residential customers. Its seasonal services package, regularly priced at $250, includes several chemical spray treatments. As part of an effort to expand its customer base, TLC offered $50 off its regular price to customers in Lahania area. Customer response was enthusiastic, with sales rising to 5,750 units from the 3,250 units sold in the same period the previous month 1. Calculate price elasticity of demand for TLC service. 2.Calculate the optimal price for TLC service if marginal costis$135. **Please show ALL work - thank you**!

TLC Lawncare, Inc., provides fertilizer and weed control lawn services to residential customers. Its seasonal service package, regularly prices at $250, includes several chemical spray treatments. As a part of an effort to expand its customer base; TLC offered $50 off its regular price to customers in the Dallas area. Response was enthusiastic, with sales rising to 5,750 units (packages) from the 3,250 units sold in the same period last year.

A.calculate the arc price elasticity of demand for TLC service

B.Assume that the arc price elasticity (from part A) is the best available estimate of the point price elasticity of demand. If marginal cost is $135 per unit for labor and materials, calculate TLC

1) You run a small company that provides regular pool service to customers in East Dallas. Like your competitors in the pool service business, you provide pool service 4 times per month but invoice customers for service on a monthly basis. When you raised the monthly price of pool service from $125 to $140, you lost 28 customers, leaving you with 90 pools to service. You believe that your demand curve has constant elasticity and has not shifted since you started your business. 

1. Estimate your elasticity of demand?

1. Given the cost of pool chemicals, gas, wear and tear on your truck and your time, you believe that the marginal cost of servicing an additional pool in East Dallas is $75 per month. What can you say about your optimal price? Was it a good idea to increase your price? 

Over time, you realize that half of your 90 customers appear to be more price sensitive than the other half. You know that your customers communicate with each other and would be unhappy knowing that they are paying different prices for the same service. However, in talking with your price sensitive customers, it is clear that they would consider paying for less frequent service if the price were right. In fact, your less price sensitive customers would be willing to pay $190 per month for the current (4 times per month) service and $150 per month for reduced service (3 times per month). The more price sensitive customers are only willing to pay the current price of $145 per month for the current (4 times per month) service, but would be willing to pay $120 per month for reduced (3 times per month) service. The marginal cost of current (4 times per month) service remains $75 per month, while the marginal cost of the reduced (3 x per month) service package is $60 per month. 

1. What type of price discrimination are you considering engaging in? Explain your answer. 
2. What is your incentive constraint?
3. What is your optimal pricing strategy and resulting profits? Be sure to prove your answer

A fruit seller sold some apples and oranges. He sold 3/7 of the apples in the morning and 3/8 of the remainder in the afternoon. He sold 1/3 of the oranges in the morning and 1/4 of the remainder in the afternoon. He had sole sold the same number of apples and oranges at the end of the day. If there were 8 more oranges than apples left unsold, how many fruits were there at first?

Case Study Activity 2

This is a Problem-Solving Application. Read the case and undertake the ensuing activities.

Ababio Center Addresses Employee-Related Issues

Ababio Center, a social services agency in Adum, Kumasi, provides help to youth and low-income families. The center is funded by Local government, state and local agencies, together with insurers and private donors. The center’s rate of employee turnover recently grew from 41 percent to 72 percent over three years. This compares to national turnover rates between 50 and 60 percent for community health facilities. Ababio also found that employee motivation and engagement declined during the period, as did the quality of service provided. Nana Oye Odame, the HR director for the center, was charged with examining turnover, so she put together a team to examine its causes. The team looked at earlier job satisfaction surveys and exit interviews and identified the following themes:

• People quit because of “demanding work, work/life balance issues relating to night and weekend work, low salaries, on-call responsibilities without additional compensation for certain programs,”

• poor career development opportunities, and lack of support for managers.

Odame did not know how to eliminate these potential causes of turnover. She decided to ask the task force to interview managers from other social service agencies in Kumasi to discover how they were handling similar organizational issues.

Apply the 3-Step Problem-Solving Approach Step 1: Define the problem in this case.

Step 2: Identify the causes. What concepts or theories of OB help to explain the reasons people are quitting?

Step 3: Make your recommendations to resolve the problem.

Please DONT FORGET TO READ MY COMMENT 

Read the case study provided below on the topic - McDonald's and Burger King: The Evolution of Franchising and Benefits of the Burger Wars . And answer the question given below .

Question -  Summarize the reasons for the diversification of the fast-food giants and state the new products they added and the benefits of the decision.

The main aim is to complete the question provided in a very detailed manner and explain the question correctly.  

Case -  McDonald's and Burger King: The Evolution of Franchising and Benefits of the Burger Wars

Answer the questions in the image attached on the country: mexico, provide in depth information about each question in the image attached, Once again the topic or my country is MEXICO to answer this all on.

Suppose you are the manager of a california winery, how would you expect the following events to affect the price you receive for a bottle of wine?

1. the price of comparable french wines decreases.

2. one hundred new wineries open in california.

3. the unemployment rate in the united states decreases?

4. the price of cheese increases?

5. the price of a glass of bottle increases significantly due to new government antishalter regulations?

6. Researchers discover a new wine making technology that reduces production costs?

7. The price of wine vinegar, which is made from the leftover grape mash, increases?

8. The average age of consumers increases, and older people drink less wine.

1. Question 
   a. Orient Ghana Ltd is one of the major manufacturers of local textiles in Ghana. Suppose the government of Ghana totally bans the importations of foreign textiles and extends the Friday wear policy to all working days. Also suppose that Orient Ghana Ltd discovers the state-of-the-art technology that eases the production of local textiles. With the aid of appropriate diagram(s), explain the effect of these events on the equilibrium price and quantity of Orient local textiles. 
   
   b. Considering a Computer and a Microsoft Surface Laptop, which of these two will have more own-price elastic demand? Explain your answer. 
   
   c. One of the biggest causes of juvenile delinquency is the high rate of unemployment among tertiary students. The low wages offered by employers has given fewer teenagers the incentive to find long vacation jobs. Instead of working throughout the long vac, today’s teenagers slack off and cause trouble. To address this problem, the government has proposed to increase the minimum wage by 20 cedis a day. This will give teens the proper incentive to find meaningful employment when they are not in school. Will this policy
   yield the intended outcome? 

Case Study - 5

Breaking The Bargaining Pattern

Gilson steel is a local fabricating and supply firm. Situated in open country, far from the large steel making centers. The firm has been in business many years. About the third of employees have worked in the organization for more than ten years. Top management would like to get away from the current practice in which negotiations on wage matters and fringes follow the pattern. The firm’s president feels that industry – wide bargaining tends to divorce employees from the firm. He thinks they feel that their employer is a combination of U.S steel and bethlem steel instead of Gilson. He argues that the local firm which has prospered can do better by employees than is possible in national pattern. He says that the local conditions should be considered. His basic objection to current practice, however, is his conviction that it tends to divorce its employees from local employer. The labor relations manager has been urged to try negotiating terms at variance with the national pattern.

 Answer the following questions: ·

1. What theory and policy do you read into the president’s suggestion? ·
2. How will his ideas fit into the existing pattern of public union policy? ·
3. Can you suggest a promising innovative approach?

QUESTION 1

1. Some workers are being paid above their pay range and then they get their wage rate frozen at their current rate of pay until salary scales catch up. What is this practice is called?

   a.

   green-circling

   b.

   red-circling

   c.

   merit pay reduction

   d.

   conservative pay reduction

1 points   

QUESTION 2

1. Functional job analysis was pioneered in the United States in the 1930s and is the precursor to the Canadian National Occupational Classification system.

    True

    False

1 points   

QUESTION 3

1. Which method of job analysis focuses on the behaviours that make up a job and uses job elements to describe work activities?

   a.

   Position Analysis Questionnaire

   b.

   Interviews

   c.

   Observation

   d.

   Functional Job Analysis

1 points   

QUESTION 4

1. A job specification is summary of the duties, responsibilities, and reporting relationships pertaining to a particular job.

    True

    False

1 points   

QUESTION 5

1. What is one problem with using the ranking/paired job evaluation method?

   a.

   It is time consuming.

   b.

   It is not acceptable to pay equity commissions.

   c.

   It is not acceptable to employment equity commissions.

   d.

   It cannot address external market equity.

1 points   

QUESTION 6

1. What are the three main reasons for conducting job evaluations?

   a.

   to decrease wage costs, to create job families, and to create pay equity

   b.

   to control wage costs, to create equitable pay structures, and to create employment equity

   c.

   to control wage costs, to create equitable pay structures, and to create the perception of an equitable pay system among participants

   d.

   to increase wage costs, to create equitable pay structures, and to create pay equity

1 points   

QUESTION 7

1. In 2018, Canada passed pay equity legislation that applies to all employers in Canada.

    True

    False

1 points   

QUESTION 8

1. A job description is a summary of the employee qualifications required to perform the duties for a given job.

    True

    False

1 points   

QUESTION 9

1. What is the major benefit for the ranking method of job analysis?

   a.

   It creates a series of grade descriptions.

   b.

   It creates a series of grade descriptions.

   c.

   It creates relative equal intervals between job classifications.

   d.

   It incorporates market data.

1 points   

QUESTION 10

1. What occurs to the female job class if the percentage of secretaries in that job class changes from 95 percent to 30 percent?

   a.

   It becomes a new job class.

   b.

   It becomes a male job class.

   c.

   It remains a female job class.

   d.

   It becomes a gender neutral job class.

1 points   

QUESTION 11

1. Why might using job descriptions for job evaluation purposes prove problematic?

   a.

   Companies simply do not keep wage rates updated.

   b.

   The dynamic nature of the general environment creates a situation whereby job duties change without human resources departments noticing it.

   c.

   Creating and maintaining job descriptions is not a laborious process.

   d.

   The output created by the job analysis process yields poor results.

1 points   

QUESTION 12

1. What is a valid reason to re-evaluate jobs?

   a.

   A new member joins the committee.

   b.

   The compensation-level strategy changes.

   c.

   A new performance system is implemented.

   d.

   There is a high level of appeals.

1 points   

QUESTION 13

1. What is the first step in most pay equity processes?

   a.

   analyze gender data

   b.

   determine what rules and laws apply

   c.

   review compensation

   d.

   analyze and compare jobs

1 points   

QUESTION 14

1. Which term refers to an organization that gives an employee the ability to appeal a decision of the job evaluation committee?

   a.

   procedural justice

   b.

   distributional justice

   c.

   organizational justice

   d.

   grievance system

1 points   

QUESTION 15

1. What is the observation method of job analysis well-suited for?

   a.

   jobs that have a short work cycle

   b.

   jobs with a long work cycle

   c.

   minimum wage jobs

   d.

   minimum wage jobs

1 points   

QUESTION 16

1. Which term refers to the relative value of different jobs as determined by knowledgeable individuals?

   a.

   the proxy method

   b.

   PAQ analysis

   c.

   paired comparison method

   d.

   the ranking method

1 points   

QUESTION 17

1. Once an organization has posted its pay equity plan, it has met its legal responsibility under the legislation and no further action is required.

    True

    False

1 points   

QUESTION 18

1. Which job evaluation category uses human judgement as the determining factor?

   a.

   whole job

   b.

   factor comparison

   c.

   statistical/policy capturing

   d.

   point-factor management analysis

1 points   

QUESTION 19

1. ABC Inc. is a new organization planning to launch a call centre in the next six months. You have been tasked with creating detailed job descriptions for several operational roles in the call centre. Which information collection method would you likely rely on to gather job information?

   a.

   utility analysis

   b.

   functional job analysis

   c.

   variable analysis

   d.

   data analysis

1 points   

QUESTION 20

1. What is a primary problem of job analysis process?

   a.

   creating too many job families

   b.

   analyzing the jobholder not the job

   c.

   having a committee

     d.

   professional designations

1. What is a global pricing strategy that relies on a fixed price for all export markets? 

a. Rigid cost-plus pricing 

b. Push marketing 

c. Dumping

2. Brunner Inc. is a cell phone company. They have multiple distribution channels worldwide already set, as they directly sell to the main carriers in the major economies. Normally, their cell phones are smartphones for the high-end users, but they now have released a new brand for the mid-range clients. They did not want to release the mid-range cell phones under the Brunner trademark, because it is a different market segment. The top mobile carriers in the top economies all will sell their new mid-range brand. Which of the following BEST explains what Brunner is doing in this scenario? 

a. Brunner is using push marketing, in which the traditional distributing partners will help them reach the consumer. Brunner should use advertisement with the new brand name, but they should include "made by Brunner." This way, the plan will report the most revenue. 

b. Brunner is using viral marketing, in which the traditional distribution partners will help them reach the consumer. Brunner should not put their trademark name in any of the new brand ads, as it will damage their luxury brand reputation. This way the company will get the most revenue. 

c. Brunner is using guerilla marketing, in which the traditional distribution partners will help them reach the consumer. Brunner should use advertisement with the new brand name, but they should include "made by Brunner." This way, the plan will report the most revenue.

3. Walter Co. manufactures veterinary feed. Since cats and dogs eat similar food all over the world, they standardized global branding. The product is exactly the same, and they export it to supermarket chains all over the world. They do not even have to worry about translating the packaging, because people see the pictures of dogs and cats. However, Walter Co. noticed that in the Middle East markets, sales went down suddenly when an NGO said the feed included pork. West Africa and North Africa's sales also started to decrease. What motive would there be to change their current business model?

a. They should change the glocalization they have been doing recently. The branding is too responsive to the culture and structure. This has offended many people trying to buy their product, but they find that it is importing foreigner values. 

b. They should keep the same operations: a standardization strategy. They should refocus their attention to other markets, which can help get more revenues by increasing economies of scale. 

c. The company should localize, to determine national preferences. They should keep the global branding promotion the same to save costs, but they should open a processing plant in the Middle East to make a pork-less feed for the affected markets.

4. _________ agents act as am importer's representative with local customs agencies.   

a. Export   

b. Forwarding   

c. Clearing 

d. Purchasing

5. What do distribution agents do? 

a. They help companies distribute talent across an organization. 

b. They forecast new business models. 

c. They help companies sell their products in individual markets by doing product demonstrations. 

d. They help companies import and export goods.

6. When considering the ways companies can gain advantages by being globally integrated, having a digital platform 

a. may mean creating a network of specialized, focused operations around the world that are tightly controlled by a central hub.

b. may mean maintaining a small number of large facilities to make products for export to markets around the world. 

c. allows people all over the company and even outside it to easily contribute to knowledge and products. 

d. means making tight links between value-chain activities.

7. What is the first step in getting local branches to act like local innovators?   

a. Launching local branding campaigns 

b. Building new offices 

c. Conducting local market research

8. Companies typically move abroad in order to _____________.

a. acquire new resources 

b. learn new cultures 

c. reduce risk

9. Which of the following is not a primary emerging market that the US is looking to expand into? 

a. India 

b. Mexico 

c. China 

d. Brazil

10. In the context of globalization, identify a difference between the research and development (R&D) trend in the United States when compared with other nations of the world. 

a. Unlike Japan, the United States represents less than 26 percent of global spending on R&D. 

b. Unlike in other countries, in the United States, private nonprofit donors are not allowed to invest in R&D. 

c. In the United States, nearly 70 percent of R&D is funded by the government. 

d. Unlike in Asian countries, R&D spending in the United States is proportional to the increase in the countries' gross domestic product (GDP).