Using the text Appendix concerning HofstedeSolutionBahrainPo.pdf

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Using the text Appendix concerning Hofstede Solution Bahrain Power distance Bahrainis are becoming increasingly dissatisfied with the high level of power distance in their culture. Over the past couple of years, citizens in Bahrain have been holding larger and larger protests against the government. Individualism Arab countries score moderately low on the scale of individualism and collectivism, showing that they tend to be more collectivist societies. This is true of Bahrain as well, where most citizens are concerned with Belongingness needs. Masculinity Hofstede.

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Using the Hofstede model, discuss the differences in power distance, uncertainty avoidance, individualism versus collectivism, and masculine versus feminine of the different cultures. Solution Power Distance Power distance is the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally. This represents inequality (more versus less), but defined from below, not from above. It suggests that a society\'s level of inequality is endorsed by the followers as much as by the leaders. Power and inequality, of course, are extremely fundamental facts of any society and anybody with some international experience will be aware that \"all societies are unequal, but some are more unequal than others\". Uncertainty Avoidance Uncertainty avoidance deals with a society\'s tolerance for uncertainty and ambiguity. It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations. Unstructured situations are novel, unknown, surprising, different from usual. Uncertainty avoiding cultures try to minimize the possibility of such situations by strict laws and rules, safety and security measures, and on the philosophical and religious level by a belief in absolute Truth: \"there can only be one Truth and we have it\". People in uncertainty avoiding countries are also more emotional, and motivated by inner nervous energy. The opposite type, uncertainty accepting cultures, are more tolerant of opinions different from what they are used to; they try to have as few rules as possible, and on the philosophical and religious level they are relativist and allow many currents to flow side by side. People within these cultures are more phlegmatic and contemplative, and not expected by their environment to express emotions. Individualism versus collectivism Individualism on the one side versus its opposite, collectivism, is the degree to which individuals are integrated into groups. On the individualist side we find societies in which the ties between individuals are loose: everyone is expected to look after her/himself and her/his immediate family. On the collectivist side, we find societies in which people from birth onwards are integrated into strong, cohesive in-groups, often extended families (with uncles, aunts and grandparents) which continue protecting them in exchange for unquestioning loyalty. The word collectivism in this sense has no political meaning: it refers to the group, not to the state. Again, the issue addressed by this dimension is an extremely fundamental one, regarding all societies in the world. Masculine versus feminine Masculinity versus its opposite, femininity, refers to the distribution of emotional roles between the genders which is another fundamental issue for any society to which a range of solutions are found. The IBM studies revealed that (a) women\'s values differ less among societies than m.

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Using the data below, I need answers to the following questions: a) Using the data in Table 1, specify a linear functional form for the demand for Combination 1 meals, and run a regression to estimate the demand for Combo 1meals. b) Using statistical software (Excel), estimate the parameters of the empirical demand function specifiedin part a.Write your estimated industry demand equation. c) Evaluate your regression results by examining signs of parameters, p-values, and the R2. d) Discuss how the estimation of demand might beimproved. e) If the owner plans to charge a price of 4.15 for a Combination 1 meal and spend $18,000 per week on advertising, how many Combination 1 meals do you predict will be sold each week? f) If the owner spends $18,000 per week on advertising, write the equation for the inverse demand function. Then, calculate the demand price for 50,000 Combination meals. Estimation and Analysis of Demand for Fast Food Meals You work for PriceWatermanCoopers as a market analyst. PWC has been hired by the owner of two Burger King restaurants located in a suburban Atlanta market area to study the demand for its basic hamburger meal package–referred to as “Combination 1\" on its menus. The two restaurants face competition in the Atlanta suburb from five other hamburger restaurants (three MacDonald’s and two Wendy’s restaurants) and three other restaurants serving “drive-through” fast food (a Taco Bell, a Kentucky Fried Chicken, and a small family-owned Chinese restaurant). The owner of the two Burger King restaurants provides PWC with the data shown in Table 1. Q is the total number of Combination 1 meals sold at both locations during each week in 1998. P is the average price charged for a Combination 1 meal at the two locations. [Prices are identical at the two Burger King locations.] Every week the Burger King owner advertises special price offers at its two restaurants exclusively in daily newspaper advertisements. A is the dollar amount spent on newspaper ads for each week in 1998. The owner could not provide PWC with data on prices charged by other competing restaurants during 1998. For the one-year time period of the study, household income and population in the suburb did not change enough to warrant inclusion in the demand analysis. TABLE 1: Weekly Sales Data for Combination 1 Meals (1998) week Q P A week Q P A 1 51,345 2.78 4,280 27 78,953 2.27 21,225 2 50,337 2.35 3,875 28 52,875 3.78 7,580 3 86,732 3.22 12,360 29 81,263 3.95 4,175 4 118,117 1.85 19,250 30 67,260 3.52 4,365 5 48,024 2.65 6,450 31 83,323 3.45 12,250 6 97,375 2.95 8,750 32 68,322 3.92 11,850 7 75,751 2.86 9,600 33 71,925 4.05 14,360 8 78,797 3.35 9,600 34 29,372 4.01 9,540 9 59,856 3.45 9,600 35 21,710 3.68 7,250 10 23,696 3.25 6,250 36 37,833 3.62 4,280 11 61,385 3.21 4,780 37 41,154 3.57 13,800 12 63,750 3.02 6,770 38 50,925 3.65 15,300 13 60,996 3.16 6,325 39 57,657 3.89 5,250 14 84,276 2.95 9,655 40 52,036 3.86 7,650 15 54,222 2.65 10,450 41 58,677 3.95 6.

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Using non-zero whole numbers there is just one combination of two numbers whose sum is 2 (2 = 1 + 1), and one combination whose sum is 3 (3 = 1 + 2). For the numbers 4 and 5 there are two different ways of writing the sum using two numbers: 4 = 1 + 3 = 2 + 2; and 5 = 1 + 4 = 2 + 3. What is the number of different ways of writing 2145 as the sum of two non-zero whole numbers? Solution yes there 1072 ways are there if u observe carefully 5 = 1 + 3 = 2 +2 2 ways going as 5/2 ways smilarly 2145 = 1 + 2144 = 2+ 2143 ................. 1072 + 1073 there are 1072 ways for number n there are n /2 ways ...... for 2145 2145 / 2 = 1072 ( forget reaminder. ....).

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