Risk management questions1.Students in college are sometimes.docx
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Risk management questions 1. Students in college are sometimes sold "college special" policies designed for seniors. So, is it wise for college students to buy life insurance while they are still in college? What are some arguments on both sides of this issue? Your response should be at least 200 words in length. Path: p Words: 0 30 points 2. Develop a set of family circumstances where each of term insurance and whole life insurance are the most appropriate type of policy to meet the consumer's needs. Explain why a whole life insurance policy requires a larger premium than a term insurance. Your response should be at least 200 words in length. Organizational theory and behavioral questions QUESTION 1 Identify the organizational conditions and personal characteristics that support organizational politics. Identify ways to minimize organizational politics. Explain how one might relate to a real-world scenario professionally or personally. Your response should be at least 200 words in length. Path: p Words: 0 25 points Question 2 1. Describe the bargaining zone model, and outline strategies that skilled negotiators use to claim value and create value in negotiations. Explain how one might relate to a real-world scenario professionally or personally. Your response should be at least 200 words in length. Path: p Words: 0 25 points Question 3 1. List the five conflict handling styles, and discuss the circumstances in which each would be most appropriate. Explain how one might relate to a real-world scenario professionally or personally. Your response should be at least 200 words in length. Path: p Words: 0 25 points Question 4 1. List eight types of influence tactics to consider when choosing an influence tactic. Explain how one might relate to a real-world scenario professionally or personally. Your response should be at least 200 words in length. .
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Question 11. Discuss how stereotyping, attribution, and self-f.docx
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Question 12
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Use up-to-date credible references1.Discuss the benefits and.docx
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In insurance terminology, a warranty is a promise something has happened or exists (affirmative warranty) or something will happen (promissory warranty). Give two examples of promissory and affirmative warranties. What difference does it make to an insured if a false statement made by the insured is considered a warranty or a representation?
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COURSE CODE BCO124COURSE NAME MACROECONOMICS Task brief & rubrics
COURSE CODE BCO124 COURSE NAME MACROECONOMICS Task brief & rubrics
Task: Individual assignment
· Exercises have to be explained and calculations shown.
1. Consider an economy that produces only pens. In year 1, the quantity produced is 4 bars and the price is 5 €. In year 2, the quantity produced is 5 bars and the price is 6. In year 3, the quantity produced is 6 bars and the price is 7. Year 1 is the base year.
a. What is nominal GDP for each of these three years?
b. What is real GDP for each of these years?
c. What is the GDP deflator for each of these years?
d. What is the percentage growth rate of real GDP from year 2 to year 3?
e. What is the inflation rate as measured by the GDP deflator from year 2 to year 3?
2. Suppose that people consume only three goods, as shown in this table:
Raquets Nets bottle of water
2019 price 3 € 5 € 2 €
2019 quantity 200 200 300
2020 price 3 7 3
2020 quantity 200 200 300
a. What is the percentage change in the price of each of the three goods?
b. Using a method similar to the CPI, compute the percentage change in the overall price level.
c. If you were to learn that a bottle of water increased in size from 2019 to 2020, should that information affect your calculation of the inflation rate? If so, how?
3. Read the following text:
Many studies have examined the effect of unemployment insurance on job search. The most persuasive studies use data on the experiences of unemployed
individuals rather than economy-wide rates of unemployment. Individual data often yield sharp results that are open to few alternative explanations.
One study followed the experience of individual workers as they used up their eligibility for unemployment-insurance benefi ts. It found that when unemployed
workers become ineligible for benefi ts, they are more likely to fi nd jobs. In particular, the probability of a person fi nding a job more than doubles when his
or her benefi ts run out. One possible explanation is that an absence of benefi ts increases the search effort of unemployed workers. Another possibility is that
workers without benefi ts are more likely to accept job offers that would otherwise be declined because of low wages or poor working conditions.
Additional evidence on how economic incentives affect job search comes from an experiment that the state of Illinois ran in 1985. Randomly selected new claimants for unemployment insurance were each offered a $500 bonus if they found employment within 11 weeks. The subsequent experience of this group was compared to that of a control group not offered the incentive. The average duration of unemployment for the group offered the $500 bonus was 17.0 weeks, compared to18.3 weeks for the control group. Thus, the prospect of earning the bonus reduced the average spell of unemployment by 7 percent, suggesting that more effort was devoted to job search. This experiment shows clearly that the incentives provided by the unemployment-in ...
B2 b marketing
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GSCM 588 MENTOR Introduction Education--gscm588mentor.com
The document contains instructions and questions for a GSCM 588 exam. It asks students to answer 7 questions in their own words about quality management topics like lead and lag indicators, cost of quality models, benchmarking, mistake proofing, control charts, quality function deployment, and outcomes from the course. It also provides instructions for a midterm exam with 8 multiple choice questions and requests a major course project paper on implementing a quality management initiative for a selected organization.
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The documents discuss quality management topics for a GSCM 588 course. They include exam questions, article summaries, and a course project on developing a quality management initiative for a selected organization. The course project requires identifying a quality issue, recommending a solution based on quality approaches like Six Sigma or TQM, citing related course concepts, and submitting a 10-12 page paper following APA style guidelines. Additional requirements include a minimum of eight scholarly sources and sections on the organization, quality problem, recommended approach, implementation plan, and conclusions.
GSCM 588 MENTOR Education Your Life--gscm588mentor.com
The document outlines the requirements for a final exam and course project for a quality management course. For the final exam, students must answer 7 questions in their own words about quality management concepts covered in the course, such as lead and lag indicators, cost of quality models, benchmarking, and control charts. The course project requires students to identify a quality problem in a specific organization, research quality initiatives to address the problem, and submit a 10-12 page paper making recommendations as a quality management consultant. The paper must cite at least 8 sources and follow an outlined format and structure.
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In insurance terminology, a warranty is a promise something has happened or exists (affirmative warranty) or something will happen (promissory warranty). Give two examples of promissory and affirmative warranties. What difference does it make to an insured if a false statement made by the insured is considered a warranty or a representation?
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COURSE CODE BCO124COURSE NAME MACROECONOMICS Task brief & rubrics
COURSE CODE BCO124 COURSE NAME MACROECONOMICS Task brief & rubrics
Task: Individual assignment
· Exercises have to be explained and calculations shown.
1. Consider an economy that produces only pens. In year 1, the quantity produced is 4 bars and the price is 5 €. In year 2, the quantity produced is 5 bars and the price is 6. In year 3, the quantity produced is 6 bars and the price is 7. Year 1 is the base year.
a. What is nominal GDP for each of these three years?
b. What is real GDP for each of these years?
c. What is the GDP deflator for each of these years?
d. What is the percentage growth rate of real GDP from year 2 to year 3?
e. What is the inflation rate as measured by the GDP deflator from year 2 to year 3?
2. Suppose that people consume only three goods, as shown in this table:
Raquets Nets bottle of water
2019 price 3 € 5 € 2 €
2019 quantity 200 200 300
2020 price 3 7 3
2020 quantity 200 200 300
a. What is the percentage change in the price of each of the three goods?
b. Using a method similar to the CPI, compute the percentage change in the overall price level.
c. If you were to learn that a bottle of water increased in size from 2019 to 2020, should that information affect your calculation of the inflation rate? If so, how?
3. Read the following text:
Many studies have examined the effect of unemployment insurance on job search. The most persuasive studies use data on the experiences of unemployed
individuals rather than economy-wide rates of unemployment. Individual data often yield sharp results that are open to few alternative explanations.
One study followed the experience of individual workers as they used up their eligibility for unemployment-insurance benefi ts. It found that when unemployed
workers become ineligible for benefi ts, they are more likely to fi nd jobs. In particular, the probability of a person fi nding a job more than doubles when his
or her benefi ts run out. One possible explanation is that an absence of benefi ts increases the search effort of unemployed workers. Another possibility is that
workers without benefi ts are more likely to accept job offers that would otherwise be declined because of low wages or poor working conditions.
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Bus 372 preview full class
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DQ 1
Assess the changing complexion of the U.S. labor force and how it directly affects the role of unionization in the workplace. Respond to at least two of your classmates' postings.
DQ 2
Given today's globally competitive work environment, assess whether larger, more powerful unions (similar to AFL-CIO and SEIU) favorably represent their members or whether smaller, more targeted unions would better meet the needs of their members. Respond to at least two of your classmates' postings.
The Changing Landscape of Unions
NAME
BUS372
The Changing Landscape of Unions
When you hear the words Labor Union most people have an immediate response, some good and some bad. The labor unions of today are quite different than the labor unions of the late 1800’s and early 1900’s. This paper will examine the history of labor unions and their evolution, how the shifting landscape of America has changed their philosophies, and the reforms unions should consider to broaden their appeal during this time of offshoring. In order to understand labor today, you must first understand where labor unions started and why.
Part 1: A Brief History
DQ 1
"Capitalism is directed towards the pursuit of profits and unions are directed towards the rights of its workers." Discuss how these opposing viewpoints can be advantageous, yet destructive, to the business community. Respond to at least two of your classmates' postings.
DQ 2
A basic requirement of unions is for members to give up their individual rights (e.g., raises based on performance) to benefit the collective (e.g., cost of living increases to all employees). Discuss your opinion on whether this is equitable and fair. Respond to at least two of your classmates' postings.
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Unit 1
Q1 What are the three markets in financial market? Why is each one of them important?
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
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Q4
What does it mean when we refer to the idea of risk sharing?
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
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Q1
What are the four variables that impact demand for assets by identifying the cause and effect for each as it relates to an increase in quantity demanded?
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
Q2
What is meant by the term “market equilibrium”, and why is this important within the study of supply and demand for the Bond Market?
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
Q3
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Q4
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Integrated marketing communications
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authors guidelines.pdf
This document provides guidelines for submitting cases to the SAGE Business Cases digital collection. It outlines the preferred elements and structure for cases, including an abstract, learning outcomes, discussion questions, teaching notes, and references. Cases should be between 800-5,000 words and cover real-world business problems or scenarios. The guidelines specify formatting requirements and that cases will undergo a peer review process before potential publication. Authors are responsible for obtaining necessary permissions and ensuring factual accuracy.
Mpk732 t2 2018 assignment 1 case
DUE DATE AND TIME: Thursday 30 August (week 7) by 5.00pm AEST
PERCENTAGE OF FINAL GRADE: 30%
MODE: Group of 2-3 students or individually
WORD LIMIT: 3000 Words
HURDLE DETAILS: N/A
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MGT 567 Week 1 Ethical Dilemma Analysis
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Scenario Tom owned a house set on 1 acre of land that he wanted t.docx
Scenario:
Tom owned a house set on 1 acre of land that he wanted to sell when he retired in April, 2013. On April 1, 2012, Mary and Tom orally agreed that Mary would purchase Tom's house and 1 acre of land for $350,000 cash on April 15, 2013. In the meantime, Mary and Tom agreed that Tom would continue to own and live on the property. On April 15, 2013, Mary presented Tom with a cashier's check for $350,000 for the house and Tom transferred the deed to the house and land to Mary in her name. Mary and Tom properly filed all the documents necessary for the closing on the real estate sale.
Learning Activity 1:
Mary and Tom had also agreed previously that Tom could remain on the property following the closing of the sale on April 15, 2013 until April 17, 2013 to give him time to move out. On April 17, Tom refused to move out claiming that their oral agreement for sale of the property was invalid and unenforceable under the Statute of Frauds.
Was the sale originally subject to the Statute of Frauds and if so, for what reason(s) and why?
Is the contract for sale of the property valid so that Tom has to relinquish possession of the property? Why or why not?
Learning Activity 2:
Sometimes the best way to learn something is to teach/explain it to others and to provide examples; to that end, please complete the following for LA 2.
1.
Write a brief scenario example of a unilateral contract. Write in paragraph format.
2. Explain why/how your example above is a unilateral contract. Write your explanation as if you were explaining and teaching the concepts to the class.
Learning Activity 3:
Scenario:
Dave bought a power lawn mower manufactured by Ace, Inc. The mower was equipped with a removable plastic safety barrier to minimize the risk of injury from the mower’s blades. Dave removed the safety barrier believing that it was unnecessary.
Dave asked his 16-year old son, Zak, to mow the lawn. Zak ‘s foot touched the mower blade as the safety barrier was removed; Zak was injured.
Dave wants to sue Ace, on behalf of his minor son, Zak, under strict product liability.
Under what specific product liability claims would you advise Dave to sue Ace and why?
Learning Activity 4:
Case A:
Myra owns a house which she advertises for sale for $400,000. On May 1, Nic offers Myra $380,000 for the house. Myra does not reply immediately, but on May 5, Myra delivers to Nic at his office a form that includes additional terms for the sale of the house, but does not state a price.
At 9:00 a.m on May 6, Nic signs the form from Myra and gives it to Odell, his administrative assistant, with instructions to mail it to Myra. Odell does not mail the signed form on May 6. At 10:00 am, May 6, Myra calls Nic to say the deal is off.
May 7, Odell mails the form signed by Nic to Myra. When Myra receives the signed form from Nic, she refuses to sell the house to him. Nic files a lawsuit against her for breach of contract.
Which contract law applies to this case.
Scenario AnalysisLon L. Fuller, former Carter Professor of Jurispr.docx
Scenario Analysis
Lon L. Fuller, former Carter Professor of Jurisprudence at Harvard Law School, observed in
The Morality of Law
, “Even if a man is answerable only to his conscience, he will answer more responsibly if he is compelled to articulate principles on which he acts.”
Source:
Fuller, L. (1975).
The morality of law
. (p. 159). New Haven, CT: Yale University Press.
Assignment:
In this Assignment, you are required to apply Fuller’s Principle, as cited above, and respond to three real-life scenarios regarding ethical decision making within the field of criminal justice and policing.
In considering each of the three scenarios, you are asked to respond to the following four questions:
Is there a moral problem presented in the scenario? If so, what is it?
Does policy or law dictate an appropriate response, or does it require that professional discretion be applied?
What criteria (considerations), principles, and consequences should guide your decision?
What would you do? Articulate, justify, and defend your position to a group of professional career colleagues who had a different opinion.
First, read each scenario. Second, analyze the ethical dilemma within the context of the four questions specified above. Third, respond in writing to the each of the four questions.
The entire paper should be 2–4 pages in length. Each essay response should be brief, not more than 1 page. You may use references to support your responses, but the essay responses must be original.
Scenario 1: Drugs at a Friend’s House
You are an off-duty police officer at a party at the house of an old high school friend. Everyone is still in the backyard drinking. You go into the house to use the restroom and observe several of your friend’s friends (whom you do not know) snorting cocaine. You do not know whether your friend has knowledge that people are using drugs in his house.
Scenario 2: Accepting a Gift
It is the day before Christmas and you are a community police officer. An owner of a small market has been friendly to you throughout the year, and he has participated faithfully in community crime-prevention meetings. He calls you behind the counter and gives you a fruit basket for your family along with a Christmas card containing a $30 gift certificate as an expression of his appreciation.
Scenario 3: Homosexual Partner
You are a supervisor on a medium-size police department. Office Ted Jones is an excellent officer and has been on the force for 16 years. He is also a homosexual and hangs out at a known gay bar in his off time. You have two-person patrols and Jones was recently teamed with Officer James Davis. Officer Davis comes to you and asks to be assigned to another partner because Jones is a homosexual.
Respond to
each
scenario using the four (4) questions listed above.
.
Scenario Choose a company where you have worked in the past.docx
Scenario
: Choose a company where you have worked in the past, currently work, or would like to work in the future.
Analyze
the current structure of the organization in a minimum of 1,050 words in which you include the following:
Explain the degree that the bureaucratic approach is utilized.
Assess whether the company uses classical organizational theory or modern organizational theory.
Cite
a minimum of 2 peer-reviewed references from the University Library.
Format
assignment consistent with APA guidelines.
Click
the Assignment Files tab to submit your assignment.
.
Scenario Kforce, Inc. is a top professional staffing agency. They.docx
Scenario:
Kforce, Inc. is a top professional staffing agency. They have been selected to assist the Mayo Clinic in hiring a system-wide CIO (chief information officer) due to the difficulty the human resources division has had trying to fill this job.
There is a purpose for using outside agencies, such as employment agencies, search firms, and other third party recruiters. These helpers assist the company, for a fee, to find enough special candidates to select the right new hire typically for a hard-to-fill opening or high-level opening. Using an agency is outsourcing some of the staffing process. As such, the human resources person or a top manager works closely with the agency to provide the search consultant with all needed information about the job opening so that the headhunter can conduct a concise search and deliver the most qualified and interested people to be considered.
After reading this case study, conduct independent research to help support your paper. Describe the benefits of the external recruitment process from both the employer side and the search consultant side. Then in a 2 - 3 page paper address the following:
Provide an overview of the search firm function - BOLD HEADER
Identify the 3 key issues involved in performing this type of search BOLD HEADER
Explain how headhunting works.
Describe the difference between retained search and contingency search; which would be best for this case opening?
How will the headhunter find applicants?
What will the headhunter do to convince the applicants they are perfect for the job to get their interest in being considered?
Your conclusion on the value of headhunting - BOLD HEADER
Be sure to use APA style with at least two sources cited
ADDTITIONAL SUPPORTING INFO:
Module 03 - Sourcing and Staffing Plans
An old saying in marketing: "Half of my advertising is wasted. The problem is I don't know which half." This describes the recruiter's challenge when trying to attract active and passive job seekers, and still be timely and cost-effective.
Sourcing
is like finding the best fishing spots. Internal recruiters focus first on active job seekers when charged with a position to fill, such as employees who may want to change jobs and applicants who are on file. They will use job postings, employee referrals, job fairs, schools, search consultants (for hard-to-fill jobs), walk-ins and want ads. Search consultants, also known as
"headhunters"
, research, target, and contact passive job seekers. They want to "sell" happy employees at companies and convince them to consider exploring new career options at another company. They use personal relationships, industry contacts, blind ads, resumes posted on job boards, cold calling, and professional association membership sites and rosters. Sourcing is a "find and convert" game. Ideally, enough applicants are found so as to have a choice in the selection process.
A recruiter must learn
immigration
laws. Applicants from outside the US will apply f.
Sarbanes Oxley requires that per Section 404 that Internal Controls .docx
Sarbanes Oxley requires that per Section 404 that Internal Controls within a publicly held company are to be reviewed, evaluated and tested at year end to insure that adequate controls are in place. In addition to understanding the Internal Controls present within your client’s company, the auditor must also evaluate whether these controls are in place, and implemented. How does an auditor evaluate these controls to see that they are working and in place?
(Points : 19)
.
Scenario Bedford Con Industries is going to have to provide ser.docx
Scenario
: Bedford Con Industries is going to have to provide service and support of Real-Time vendors across the European Union.
Write
a 350- to 525-word synopsis outlining possible channels Bedford Con Industry could use to support their vendors.
Knowing that the technology will be installed in every country in the European Union,
analyze
the factors that would be involved with this type of support, including:
Language
2.
How effectively do you think you will be able to implement the skills and insights you have gained during these last six weeks?400 words with reference to
Technology Transfer in
the Global Economy.
.
Scenario AConsider a time when you had the experience of being led.docx
Scenario A
Consider a time when you had the experience of being led by someone who was able to get you to achieve more than you thought you could. Based on what you learned about leadership styles, describe events examining how your selected leader worked by certain principles. In addition, report details of an event demonstrating how you were led to perform.
On the basis of the above scenario, answer the following questions:
What style did the leader exhibit? Describe events pointing out how your selected leader worked by certain principles.
Report details of the scenario demonstrating how you were led to perform.
How did you improve your overall attitude and motivation based on a supportive leader in the workplace?
Positive influence can help team members develop their skills and knowledge. Do you agree to this statement? Why and how?
How does working in a positive organization with supportive leadership encourage staff performance at work each day?
What leadership skills will you take from your positive experience and use when you are in a leadership position?
Scenario B
Now, recall a time when you were led by someone who could not motivate you. Describe events pointing out how your selected leader's working style made subordinates feel uncomfortable.
On the basis of the above scenario, answer the following questions:
What style did the leader exhibit? Describe events pointing out your selected leader's leadership style.
Report details of the scenario demonstrating how you were led in his or her team.
How did the manager's action make you feel? Explain.
Which leadership behaviors do you think your selected leader lacked? Do you think the leader had ever had a chance to learn about leadership styles?
How important is it for a leader to be trained to guide and motivate the staff members to enhance team unity, enthusiasm, and positive attitudes?
What role should the individual staff member have to motivate himself or herself instead of relying on a manager?
EXPECTANCY THEORY
One widely cited theory of motivation is Victor Vroom’s (
1964
) Expectancy Theory (also referred to as the VIE Theory). Expectancy Theory suggests that for any given situation, the level of a person’s motivation (force in Vroom’s conceptualization) with respect to performance is dependent upon (1) his or her desire for an outcome; (2) the perception that individual’s job performance is related to obtaining other desired outcomes; and (3) the perceived probability that his or her effort will lead to the required performance. The theory may be expressed as M = V × I × E (see
Figure 6–1
).
Vroom (
1964
) explains that the force that drives a person to perform is dependent upon three factors: valence, instrumentality, and expectancy (pp. 15–19).
Valence
is the strength of an individual’s want or need, or dislike, for a particular outcome. An outcome has a positive valence when the person prefers attaining it to not attaining it, a valence of zero when the person is in.
Scenario Additional DetailsHealth Care HQ has a client–server net.docx
Scenario: Additional Details
Health Care HQ has a client–server network architecture. The chief information officer (CIO) wants to understand the difference between a client–server and a peer-to-peer network. She also wants to know why she should choose one over the other. You have been asked to provide a document that discusses the networks at Health Care HQ.
Comprehensive Analysis and Review
In a document of 2–3 pages, you will provide the following:
Explain a peer-to-peer network verses a client–server network. Because your system is strictly Windows, your document should concentrate on the networking features of Windows Server (e.g., file sharing, print sharing, user administration, application server, Dynamic host configuration protocol [DHCP], domain name system [DNS], and backing up data).
Include a recommendation about which Microsoft server Health Care HQ should use (i.e., Windows 2008 or Windows 2012), and explain your choice.
.
Sanderson SoapsIs there a need for collaboration between the com.docx
Sanderson Soaps
Is there a need for collaboration between the company’s leadership and you as the consultant?
What is the role of the consultant when proposing changes?
Give an example where collaboration is mandatory between leadership and the consultant.
Provide at least two peer-reviewed sources as evidence to defend your conclusions.
1 pg
.
Sanderson SoapsAre working teams utilized throughout the case st.docx
Sanderson Soaps
Are working teams utilized throughout the case study organization?
If so, what have been the effects of employee participation in working teams?
Which leadership skills are identified through involvement in team efforts?
Provide at least two peer-reviewed sources as evidence to defend your conclusions.
Journal: Reflection
Do you feel you are developing a more integrated approach to organizational issues and problems?
Do you think your knowledge and skills related to I-O psychology are becoming more sophisticated? Explain.
.
Sanderson SoapsThe Consultant’s Role 3 pagesWhat role woul.docx
Sanderson Soaps
The Consultant’s Role / 3 pages
What role would you have as the consultant, in relation to the various departments and work teams in the company, to facilitate change?
In order to achieve the desired changes you recommend, should you take an active leadership role in the change process?
.
Sampling For this week’s Seminar, come prepared to discuss the fol.docx
Sampling
For this week’s Seminar, come prepared to discuss the following:
Distinguish the concepts of “population” and “sample”
Importance of sampling
Probability and Non-probability Sampling
Strengths and weaknesses of each strategy
Sampling techniques for each strategy
300 words
by tonight
.
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DQ 2
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The Changing Landscape of Unions
NAME
BUS372
The Changing Landscape of Unions
When you hear the words Labor Union most people have an immediate response, some good and some bad. The labor unions of today are quite different than the labor unions of the late 1800’s and early 1900’s. This paper will examine the history of labor unions and their evolution, how the shifting landscape of America has changed their philosophies, and the reforms unions should consider to broaden their appeal during this time of offshoring. In order to understand labor today, you must first understand where labor unions started and why.
Part 1: A Brief History
DQ 1
"Capitalism is directed towards the pursuit of profits and unions are directed towards the rights of its workers." Discuss how these opposing viewpoints can be advantageous, yet destructive, to the business community. Respond to at least two of your classmates' postings.
DQ 2
A basic requirement of unions is for members to give up their individual rights (e.g., raises based on performance) to benefit the collective (e.g., cost of living increases to all employees). Discuss your opinion on whether this is equitable and fair. Respond to at least two of your classmates' postings.
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authors guidelines.pdf
This document provides guidelines for submitting cases to the SAGE Business Cases digital collection. It outlines the preferred elements and structure for cases, including an abstract, learning outcomes, discussion questions, teaching notes, and references. Cases should be between 800-5,000 words and cover real-world business problems or scenarios. The guidelines specify formatting requirements and that cases will undergo a peer review process before potential publication. Authors are responsible for obtaining necessary permissions and ensuring factual accuracy.
Mpk732 t2 2018 assignment 1 case
DUE DATE AND TIME: Thursday 30 August (week 7) by 5.00pm AEST
PERCENTAGE OF FINAL GRADE: 30%
MODE: Group of 2-3 students or individually
WORD LIMIT: 3000 Words
HURDLE DETAILS: N/A
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Scenario Tom owned a house set on 1 acre of land that he wanted t.docx
Scenario:
Tom owned a house set on 1 acre of land that he wanted to sell when he retired in April, 2013. On April 1, 2012, Mary and Tom orally agreed that Mary would purchase Tom's house and 1 acre of land for $350,000 cash on April 15, 2013. In the meantime, Mary and Tom agreed that Tom would continue to own and live on the property. On April 15, 2013, Mary presented Tom with a cashier's check for $350,000 for the house and Tom transferred the deed to the house and land to Mary in her name. Mary and Tom properly filed all the documents necessary for the closing on the real estate sale.
Learning Activity 1:
Mary and Tom had also agreed previously that Tom could remain on the property following the closing of the sale on April 15, 2013 until April 17, 2013 to give him time to move out. On April 17, Tom refused to move out claiming that their oral agreement for sale of the property was invalid and unenforceable under the Statute of Frauds.
Was the sale originally subject to the Statute of Frauds and if so, for what reason(s) and why?
Is the contract for sale of the property valid so that Tom has to relinquish possession of the property? Why or why not?
Learning Activity 2:
Sometimes the best way to learn something is to teach/explain it to others and to provide examples; to that end, please complete the following for LA 2.
1.
Write a brief scenario example of a unilateral contract. Write in paragraph format.
2. Explain why/how your example above is a unilateral contract. Write your explanation as if you were explaining and teaching the concepts to the class.
Learning Activity 3:
Scenario:
Dave bought a power lawn mower manufactured by Ace, Inc. The mower was equipped with a removable plastic safety barrier to minimize the risk of injury from the mower’s blades. Dave removed the safety barrier believing that it was unnecessary.
Dave asked his 16-year old son, Zak, to mow the lawn. Zak ‘s foot touched the mower blade as the safety barrier was removed; Zak was injured.
Dave wants to sue Ace, on behalf of his minor son, Zak, under strict product liability.
Under what specific product liability claims would you advise Dave to sue Ace and why?
Learning Activity 4:
Case A:
Myra owns a house which she advertises for sale for $400,000. On May 1, Nic offers Myra $380,000 for the house. Myra does not reply immediately, but on May 5, Myra delivers to Nic at his office a form that includes additional terms for the sale of the house, but does not state a price.
At 9:00 a.m on May 6, Nic signs the form from Myra and gives it to Odell, his administrative assistant, with instructions to mail it to Myra. Odell does not mail the signed form on May 6. At 10:00 am, May 6, Myra calls Nic to say the deal is off.
May 7, Odell mails the form signed by Nic to Myra. When Myra receives the signed form from Nic, she refuses to sell the house to him. Nic files a lawsuit against her for breach of contract.
Which contract law applies to this case.
Scenario AnalysisLon L. Fuller, former Carter Professor of Jurispr.docx
Scenario Analysis
Lon L. Fuller, former Carter Professor of Jurisprudence at Harvard Law School, observed in
The Morality of Law
, “Even if a man is answerable only to his conscience, he will answer more responsibly if he is compelled to articulate principles on which he acts.”
Source:
Fuller, L. (1975).
The morality of law
. (p. 159). New Haven, CT: Yale University Press.
Assignment:
In this Assignment, you are required to apply Fuller’s Principle, as cited above, and respond to three real-life scenarios regarding ethical decision making within the field of criminal justice and policing.
In considering each of the three scenarios, you are asked to respond to the following four questions:
Is there a moral problem presented in the scenario? If so, what is it?
Does policy or law dictate an appropriate response, or does it require that professional discretion be applied?
What criteria (considerations), principles, and consequences should guide your decision?
What would you do? Articulate, justify, and defend your position to a group of professional career colleagues who had a different opinion.
First, read each scenario. Second, analyze the ethical dilemma within the context of the four questions specified above. Third, respond in writing to the each of the four questions.
The entire paper should be 2–4 pages in length. Each essay response should be brief, not more than 1 page. You may use references to support your responses, but the essay responses must be original.
Scenario 1: Drugs at a Friend’s House
You are an off-duty police officer at a party at the house of an old high school friend. Everyone is still in the backyard drinking. You go into the house to use the restroom and observe several of your friend’s friends (whom you do not know) snorting cocaine. You do not know whether your friend has knowledge that people are using drugs in his house.
Scenario 2: Accepting a Gift
It is the day before Christmas and you are a community police officer. An owner of a small market has been friendly to you throughout the year, and he has participated faithfully in community crime-prevention meetings. He calls you behind the counter and gives you a fruit basket for your family along with a Christmas card containing a $30 gift certificate as an expression of his appreciation.
Scenario 3: Homosexual Partner
You are a supervisor on a medium-size police department. Office Ted Jones is an excellent officer and has been on the force for 16 years. He is also a homosexual and hangs out at a known gay bar in his off time. You have two-person patrols and Jones was recently teamed with Officer James Davis. Officer Davis comes to you and asks to be assigned to another partner because Jones is a homosexual.
Respond to
each
scenario using the four (4) questions listed above.
.
Scenario Choose a company where you have worked in the past.docx
Scenario
: Choose a company where you have worked in the past, currently work, or would like to work in the future.
Analyze
the current structure of the organization in a minimum of 1,050 words in which you include the following:
Explain the degree that the bureaucratic approach is utilized.
Assess whether the company uses classical organizational theory or modern organizational theory.
Cite
a minimum of 2 peer-reviewed references from the University Library.
Format
assignment consistent with APA guidelines.
Click
the Assignment Files tab to submit your assignment.
.
Scenario Kforce, Inc. is a top professional staffing agency. They.docx
Scenario:
Kforce, Inc. is a top professional staffing agency. They have been selected to assist the Mayo Clinic in hiring a system-wide CIO (chief information officer) due to the difficulty the human resources division has had trying to fill this job.
There is a purpose for using outside agencies, such as employment agencies, search firms, and other third party recruiters. These helpers assist the company, for a fee, to find enough special candidates to select the right new hire typically for a hard-to-fill opening or high-level opening. Using an agency is outsourcing some of the staffing process. As such, the human resources person or a top manager works closely with the agency to provide the search consultant with all needed information about the job opening so that the headhunter can conduct a concise search and deliver the most qualified and interested people to be considered.
After reading this case study, conduct independent research to help support your paper. Describe the benefits of the external recruitment process from both the employer side and the search consultant side. Then in a 2 - 3 page paper address the following:
Provide an overview of the search firm function - BOLD HEADER
Identify the 3 key issues involved in performing this type of search BOLD HEADER
Explain how headhunting works.
Describe the difference between retained search and contingency search; which would be best for this case opening?
How will the headhunter find applicants?
What will the headhunter do to convince the applicants they are perfect for the job to get their interest in being considered?
Your conclusion on the value of headhunting - BOLD HEADER
Be sure to use APA style with at least two sources cited
ADDTITIONAL SUPPORTING INFO:
Module 03 - Sourcing and Staffing Plans
An old saying in marketing: "Half of my advertising is wasted. The problem is I don't know which half." This describes the recruiter's challenge when trying to attract active and passive job seekers, and still be timely and cost-effective.
Sourcing
is like finding the best fishing spots. Internal recruiters focus first on active job seekers when charged with a position to fill, such as employees who may want to change jobs and applicants who are on file. They will use job postings, employee referrals, job fairs, schools, search consultants (for hard-to-fill jobs), walk-ins and want ads. Search consultants, also known as
"headhunters"
, research, target, and contact passive job seekers. They want to "sell" happy employees at companies and convince them to consider exploring new career options at another company. They use personal relationships, industry contacts, blind ads, resumes posted on job boards, cold calling, and professional association membership sites and rosters. Sourcing is a "find and convert" game. Ideally, enough applicants are found so as to have a choice in the selection process.
A recruiter must learn
immigration
laws. Applicants from outside the US will apply f.
Sarbanes Oxley requires that per Section 404 that Internal Controls .docx
Sarbanes Oxley requires that per Section 404 that Internal Controls within a publicly held company are to be reviewed, evaluated and tested at year end to insure that adequate controls are in place. In addition to understanding the Internal Controls present within your client’s company, the auditor must also evaluate whether these controls are in place, and implemented. How does an auditor evaluate these controls to see that they are working and in place?
(Points : 19)
.
Scenario Bedford Con Industries is going to have to provide ser.docx
Scenario
: Bedford Con Industries is going to have to provide service and support of Real-Time vendors across the European Union.
Write
a 350- to 525-word synopsis outlining possible channels Bedford Con Industry could use to support their vendors.
Knowing that the technology will be installed in every country in the European Union,
analyze
the factors that would be involved with this type of support, including:
Language
2.
How effectively do you think you will be able to implement the skills and insights you have gained during these last six weeks?400 words with reference to
Technology Transfer in
the Global Economy.
.
Scenario AConsider a time when you had the experience of being led.docx
Scenario A
Consider a time when you had the experience of being led by someone who was able to get you to achieve more than you thought you could. Based on what you learned about leadership styles, describe events examining how your selected leader worked by certain principles. In addition, report details of an event demonstrating how you were led to perform.
On the basis of the above scenario, answer the following questions:
What style did the leader exhibit? Describe events pointing out how your selected leader worked by certain principles.
Report details of the scenario demonstrating how you were led to perform.
How did you improve your overall attitude and motivation based on a supportive leader in the workplace?
Positive influence can help team members develop their skills and knowledge. Do you agree to this statement? Why and how?
How does working in a positive organization with supportive leadership encourage staff performance at work each day?
What leadership skills will you take from your positive experience and use when you are in a leadership position?
Scenario B
Now, recall a time when you were led by someone who could not motivate you. Describe events pointing out how your selected leader's working style made subordinates feel uncomfortable.
On the basis of the above scenario, answer the following questions:
What style did the leader exhibit? Describe events pointing out your selected leader's leadership style.
Report details of the scenario demonstrating how you were led in his or her team.
How did the manager's action make you feel? Explain.
Which leadership behaviors do you think your selected leader lacked? Do you think the leader had ever had a chance to learn about leadership styles?
How important is it for a leader to be trained to guide and motivate the staff members to enhance team unity, enthusiasm, and positive attitudes?
What role should the individual staff member have to motivate himself or herself instead of relying on a manager?
EXPECTANCY THEORY
One widely cited theory of motivation is Victor Vroom’s (
1964
) Expectancy Theory (also referred to as the VIE Theory). Expectancy Theory suggests that for any given situation, the level of a person’s motivation (force in Vroom’s conceptualization) with respect to performance is dependent upon (1) his or her desire for an outcome; (2) the perception that individual’s job performance is related to obtaining other desired outcomes; and (3) the perceived probability that his or her effort will lead to the required performance. The theory may be expressed as M = V × I × E (see
Figure 6–1
).
Vroom (
1964
) explains that the force that drives a person to perform is dependent upon three factors: valence, instrumentality, and expectancy (pp. 15–19).
Valence
is the strength of an individual’s want or need, or dislike, for a particular outcome. An outcome has a positive valence when the person prefers attaining it to not attaining it, a valence of zero when the person is in.
Scenario Additional DetailsHealth Care HQ has a client–server net.docx
Scenario: Additional Details
Health Care HQ has a client–server network architecture. The chief information officer (CIO) wants to understand the difference between a client–server and a peer-to-peer network. She also wants to know why she should choose one over the other. You have been asked to provide a document that discusses the networks at Health Care HQ.
Comprehensive Analysis and Review
In a document of 2–3 pages, you will provide the following:
Explain a peer-to-peer network verses a client–server network. Because your system is strictly Windows, your document should concentrate on the networking features of Windows Server (e.g., file sharing, print sharing, user administration, application server, Dynamic host configuration protocol [DHCP], domain name system [DNS], and backing up data).
Include a recommendation about which Microsoft server Health Care HQ should use (i.e., Windows 2008 or Windows 2012), and explain your choice.
.
Sanderson SoapsIs there a need for collaboration between the com.docx
Sanderson Soaps
Is there a need for collaboration between the company’s leadership and you as the consultant?
What is the role of the consultant when proposing changes?
Give an example where collaboration is mandatory between leadership and the consultant.
Provide at least two peer-reviewed sources as evidence to defend your conclusions.
1 pg
.
Sanderson SoapsAre working teams utilized throughout the case st.docx
Sanderson Soaps
Are working teams utilized throughout the case study organization?
If so, what have been the effects of employee participation in working teams?
Which leadership skills are identified through involvement in team efforts?
Provide at least two peer-reviewed sources as evidence to defend your conclusions.
Journal: Reflection
Do you feel you are developing a more integrated approach to organizational issues and problems?
Do you think your knowledge and skills related to I-O psychology are becoming more sophisticated? Explain.
.
Sanderson SoapsThe Consultant’s Role 3 pagesWhat role woul.docx
Sanderson Soaps
The Consultant’s Role / 3 pages
What role would you have as the consultant, in relation to the various departments and work teams in the company, to facilitate change?
In order to achieve the desired changes you recommend, should you take an active leadership role in the change process?
.
Sampling For this week’s Seminar, come prepared to discuss the fol.docx
Sampling
For this week’s Seminar, come prepared to discuss the following:
Distinguish the concepts of “population” and “sample”
Importance of sampling
Probability and Non-probability Sampling
Strengths and weaknesses of each strategy
Sampling techniques for each strategy
300 words
by tonight
.
Sample Informative Speech OutlineTitle Culture, Personality, an.docx
This document contains outlines for two sample informative speeches. The first speech outline is on the topic of culture, personality, and perception. It includes an introduction with an attention getter, credibility statement and thesis. The body has three main points about how culture and personality affect perception. The conclusion summarizes the main points. The second speech outline is on body image. It also includes an introduction with an attention getter and credibility statement. The body makes three main points about unhealthy eating habits, media influence, and societal standards of beauty. The conclusion encourages the audience to make healthy choices regardless of outside pressures.
Running head QI ESSAY BLOODSTREAM INFECTION ELIMINATION OR REDUCT.docx
Running head: QI ESSAY BLOODSTREAM INFECTION ELIMINATION OR REDUCTION 1
QI ESSAY BLOODSTREAM INFECTION ELIMINATION OR REDUCTION 20
QI Essay Bloodstream Infection Elimination or Reduction
Name
College of Affiliation
Date
Contents
Abstract 4
Introduction 4
Literature Review 6
Definition of the Terms 9
Bloodstream infections 9
The evidence-based intervention being implemented: adherence to the CDC recommended practices and infection prevention principles 9
The plan for the implementation 11
The creation of bloodstream infection prevention and control programs 11
The development of the evidence-based guidelines to be implemented for the reduction of the bloodstream infections in hemodialysis patients 11
The introduction of the bloodstream infection control or reduction education to the healthcare workers through using a team and the task-based approaches 12
The surveillance of the bloodstream infections in the hemodialysis process 12
The implementation of the multimodal strategies to help in the improvement of the practices aimed at reducing the bloodstream infections in hemodialysis patients 13
The development of the program to help in the coordination and facilitation of the implementation process of the bloodstream infection prevention activities for the patients on hemodialysis 13
A continuous process of monitoring and auditing of the bloodstream infection elimination approaches and feedback as well as the control activities 14
Workload, bed occupancy, and staffing in the facility 14
The building of the materials, environment, and the equipment needed for the implementation process 15
Ethical Considerations 15
Required Resources 17
Leadership Theory as a guide to the implementation and substance of the proposed change or practice 18
Shared Leadership Theory 19
The change theory to facilitate the implementation process 20
Behavioral change theory 20
Evaluation Procedures 21
Alternative Processes, the plan for sustainability 22
The expected outcome from the implementation of the practice 23
Conclusions 23
References 25
Abstract
Bloodstream infections refer to the infections that occur in the healthcare facilities and they are the new infections that are acquired within the facility. These infections lead to hospitalization, morbidity, and mortality in hemodialysis patients. There are about 30,100 reported incidences of infections in the United States. The bloodstream infections are caused by the equipment being used by the healthcare providers for example the surgical equipment, the environment of the facility, and the healthcare workers or patients who transmit such infection to the other. The paper aimed at discussing the adherence or the practices recommended by the CDC to help in the prevention and reduction of the bloodstream infection in hemodialysis patients. The CDC proposed some interventions to be followed in the reduction of these infections. These included the provision of the feedback, surveillance, audit of the hygi.
Running Head THESIS 1THESIS2Comment by Author I thi.docx
Running Head: THESIS 1
THESIS 2
Comment by Author: I think that overall things are looking good, you are going in the right direction, I have added some comments to help you further along.
Name:
Tutor:
Thesis name: The discussion about the influences from cultural differences and educational level on knowledge sharing during the strategical alliances.
Abstract
This paper studies the impact of cultural differences and educational levels on group identity and the effect that that group identity has on knowledge sharing behavior in employees. The findings are that cultural differences as well as education levels have impacts on group identity. In addition, group identity is found to have an influence on knowledge sharing between employees.
Contents
Abstract 2
1. INTRODUCTION 4
Hypothesis 5
2. DEFINING THE CONCEPTS 7
i. Individualism and collectivism 8
ii. Power distance 9
iii. Uncertainty avoidance 10
iv. Long-term and short-term orientation 11
v. Masculinity and femininity. 12
High- and low context 13
3. METHODOLOGY 13
4. ANALYSIS AND FINDINGS 14
4.1. Influence of Cultural Differences on Group Identity and Overall Influence in Knowledge Sharing 14
4.2. Influence of Education Differences on Group Identity and Overall Influence in Knowledge Sharing 18
5. CONCLUSION AND DISCUSSION 18
5.1. Conclusion 18
5.2. Limitations and Future Research 19
6. References 20
1. INTRODUCTION
Knowledge remains one of the most significant resource for any given firm (Grant, 1996a: 375). New knowledge is essential in all organizations, it contributes to the innovation, organizational change, cost-reduction routine performance and their survival. Knowledge provides the organization the opportunities to improve their capacity and their market position. Nowadays strategic alliance has become a common cooperation form in the modern economy. In the past years, strategic alliances have significantly increased, since 1900 strategic alliances have increased by more than 25 per cent annually. (Andrew, 1998) Organizations recognized the importance of the strategic alliance, which is during the strategic alliance, knowledge exchange occurs in each party. Because of this, more and more organizations increase their motivation to do strategic alliances with other parties in order to get the benefits associated with knowledge exchange. Alliances are offer ways in which organizations can make proper use of their strengths by the help of their partners. Different organizations have different knowledge and skills. Therefore, alliances are unique avenues through which organizations can work together, share this knowledge and unlock their potentials (Hamel et al., 1989). Comment by Author: Clear introduction. Perhaps for the section on knowledge you can include a reference. Comment by Author: Here I would also include a reference, I think this is a clear intro as to why organizations aim for strategic alliances. Comment by Author: Other?
Cultural differences affect people.
Samuel Glover Ashford 6 Assignment Numeric Grade 6 6 pts .docx
Samuel Glover: Ashford 6 Assignment
Numeric Grade: 6 / 6 pts
Weighted Average (Earned/Possible):
6 % / 6 %
Letter Grade:
Comments:
View Waypoint markup for Dry cleaning business Idea.pptx
The following files have been attached to your feedback
Hi Samuel,
I was able to view it after all ... disregard my previous note. Good job!
.
SAMPLE Unit 5 Literature Assignment TemplateStudent NameKapl.docx
SAMPLE Unit 5 Literature Assignment Template
Student Name
Kaplan University
HU 200 — section number
Part I:
For this Assignment, you will compose a quest narrative from your life. You may write this as a letter to another person considering the same quest. You will aim to tell them your story and call them to action as well.
This narrative may be about your return to acquire your degree, about a decision to change your life, to pursue a relationship or career, or to reinvent yourself. The narrative will likely include the highs and the lows of that quest along with insight into why you kept moving toward your goal.
Instead of a letter, you could write the narrative as a poem, a dialogue, or a work of creative fiction. However, the work must be an original composition for the Assignment, related to your own experience and offering a call to action toward a reader.
You should employ at least two of the concepts from the assigned reading on literature, such as a metaphor, image, or symbol.
The narrative must be at least 1 page, but can be longer.
Part II:
In at least 500 words, explain how you used the concepts of literature in creating your narrative. Use and cite the text to explain what the concept was, and then tell how you interpreted and used this concept in your narrative.
Clarify for the reader how you demonstrated leadership in your call to action for the reader. How did you communicate your vision, and what techniques did you use to persuade them?
Reflect on telling the story. Was it a difficult process? What helped you to get inspired, and what made you tell this particular story?
Reference:
Martin, F. David, & Jacobus, Lee A. (2015).
Humanities Through the Arts
(9
th
edition digital book). New York: McGraw Hill Education.
If you choose to incorporate additional references, please include them here as well.
.
Running head NURSING RESEARCH 1NURSING RESEARCH 7.docx
Running head: NURSING RESEARCH 1
NURSING RESEARCH 7
Nursing Research
Student's Name
Institutional Affiliation
Nursing research
Obesity and Weight Management Programs
Introduction to the Problem
The problem under investigation in this research is the issue of obesity and weight management. This topic was selected because it the issues is affecting many people today around the world and most significantly in the United States. Thousands of people worldwide are dying from obesity and overweight related illnesses such as diabetes, cancer, high blood pressure among many others (Obesity & weight control: Health risks, weight loss & bariatric surgery, n.d.). Therefore, it has a huge impact on the healthcare system since it has increased the problems that healthcare professionals and facilities are facing. Hospitals are now congested mainly due to diet related illnesses, obesity being at the top of the list, which causes short staffing due to the increasing patients numbers relative to providers’ numbers. The providers, especially nurses, may then suffer from burnout and thus affecting the quality of care that they provide. Several weight management programs have then been created in order to tackle the serious problem of obesity. Therefore, conducting a proper research on obesity and weight management programs is very crucial since it will help in providing in-depth understanding of the whole issue and thus useful in developing and implementing ways that can curb the problem by proper implementation of these programs. This will improve the conditions of healthcare facilities and eventually the quality of care provided.
The Problem
The problem is obesity and weight management programs. Obesity is a medical condition that occurs when an individual has excess body fat or weight that might have some significant effect on his or her health (Hu, 2008). On the other hand, weight management is the process of embracing long-term lifestyle modification to keep a healthy body weight on depending on the age, gender, and height of an individual. They include methods such as eating heathy food and increasing the levels of physical activity. Weight management programs are then the initiatives that are created in controlling the weight of individuals in order to control such conditions as obesity. Managing one’s weight through these programs is very important part of their health because they avoid being overweight and obese to reduce the risks of medical conditions such as heart disease, diabetes, high blood pressure and stroke. The intake of diet considered unhealthy, lack of physical exercise and practicing unhealthy lifestyles such as too much intake of alcohol, smoking may lead to increase in weight, and thus a person is considered overweight. This is when the body contains too much body fat above the required amount. Obesity then occurs after being overweight when the calorie intake of a person goes higher than the amount of energy that .
S. T., a 24-year-old graduate student, visits the clinic to repo.docx
S. T., a 24-year-old graduate student, visits the clinic to report "bad headaches." She says that her headaches occur two to three times a month and last at least an entire day. The headache centers above and behind her eyes, throbs, and is not relieved by any over-the-counter medications. She says that they get worse when exams are near and she spends time in the library to study. She is worried that the headaches will cause her to fail graduate school.
Discuss the:
developmental,
age,
socioeconomic,
and cultural considerations
that should be considered during the gathering of subjective and objective data.
(Please be sure to cite in APA format and use the weekly readings and other sources to support your post)
.
Running head MARKETING2MARKETING3.docx
Running head: MARKETING 2
MARKETING 3
Bruna Spera Martins
Southern States University
BU534 – International Marketing
MARKETING 1
COCA COLA MARKETING STRATEGY 2
Instructor: Dr. Peggy Bilbruck
Environmental influences refer to external factors that impact an organization's marketing decisions involving pricing. Having a pricing goal is not sufficient; an organization must consider many other factors before setting its product prices. Customers are a crucial consideration when making a pricing decision. The three vital elements for consideration about customers are whether they feel that the product provides value, how sensitive the buyers are to prices changes, the number of buyers available. The company needs to collect market size data and try to identify how sensitive customers are on price. The product's price should match the buyers' perception of the value they are likely to get from the product (Zhou, 2019). The number of buyers able and willing to buy the product, determine the demand of the product, and due to forces of demand and supply, it influences the product price. When the demand is high, the company can set relatively high prices.
The way competitors sell and price their products has a great impact on the pricing decision of a company. If a customer wants to buy a pair of sneakers from Gucci Company, but the price 20% less in another competing company, the customer is more likely to buy the product from the competitor. Companies should consider matching their prices to that of the competitors to establish and maintain their loyal clients to avoid this problem, which may cost the company its market share. When the competition is too high, the company may also consider giving an extra discount if the customers feel the prices may be better somewhere else. The presence of substitute commodities impacts the pricing decision of a company as well (Kim, 2019) If the prices of certain products become too high, the customers may look for a substitute that solves the same problem. High completion also means and the company should invest more in advertising.
The economic forces impact the product pricing decision. The economic environment factors like unemployment levels and interest rates impact the price. When the level of unemployment is very high, many people will have lower bargaining power due to low income, which results in reduced demand for the product, the lower the demand, the lower the price. When interest rates are very high, the company is likely to increase the prices of a product to compensate for the interests. The rate of currency exchange in the international market also influences the product pricing.
.
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