Choose 3 products you might be interested in purchasing that are sold on the Internet.
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For each product, visit 3 websites and go through the process as if you were going to actually purchase the product.
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Q1) Which website did you have the best buying experience with? Why do you think that is?
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Q2) Which website did you have the worst buying experience with? Why?
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Q3) If you could create the perfect website to sell a product on, what features would it have?
Category: Business Studies
This assignment requires you to do 10 minutes narrated PPT with notes to support
This assignment requires you to do 10 minutes narrated PPT with notes to support slides:500 words (+/-10%) (This can be put on the note section of your slides).
Discuss a globalization strategy, global competitive dynamics, and the process recommended for entering into the foreign market.
instructions
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XYZ Company sells clothing and other apparel and it has decided to expand its operations globally, meaning it will examine options to manufacture and sell its products in other countries besides the United States. As the project manager in charge of overseeing global initiatives, you have been asked to research three possible countries in which to start operations for this company:
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Analyze and compare each country in terms of possible barriers to entry, laws that could affect the move, international law that may play a role in the move, and e-commerce considerations.
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Choose one of the three countries that are most appropriate to conduct this expansion. Discuss a globalization strategy, global competitive dynamics, and the process recommended for entering into the foreign market.
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This will be a professional report that is presented to the executive management team and the Board of Directors.
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Length: 3-5 pages, not including title page and references
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References: Please use the concepts from the Peregrine Modules as well as two additional scholarly sources for support throughout your proposal. Additional reliable sources may also be used.
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Your presentation should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University’s Academic Integrity Policy.
Explain the difference between a normal good and an inferior good
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You have been hired by a new firm selling electronic dog feeders. Your client has asked you to gather some data on the supply and demand for the feeder, which is given below, and address several questions regarding the supply and demand for these feeders.
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price per feeder quantity demanded quantity supplied
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$300 500 1800
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270 600 1700
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240 700 1600
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210 800 1500
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180 1000 1400
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150 1100 1300
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120 1200 1200
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80 1300 1100
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60 1400 1000
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30 1500 900
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10 1600 800
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Your client has asked that you develop a report addressing the following questions so that you can present these findings to their Board of Directors:
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Questions:
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1. Construct a graph showing supply and demand in the electronic dog feeder market, using Microsoft Excel.
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2. How are the laws of supply and demand illustrated in this graph? Explain your answers.
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3. What is the equilibrium price and quantity in this market?
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4. Assume that the government imposes a price floor of $180 in the feeder market. What would happen in this market?
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5. Assume that the price floor is removed and a price ceiling is imposed at $90. What would happen in this market?
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6. Now, assume that the price of feeders drops by 50%. How would this change impact the demand for feeders? Explain your answer and reconstruct the graph developed in question one to show this change.
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7. Assume that incomes of the consumers in this market increases. What would happen in this market? Explain your answer and reconstruct the graph developed in question one to show this change.
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8. Assume that the number of sellers decreases in this market. What would happen in this market? Explain your answer and reconstruct the graph developed in question one to show this change.
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9. Explain the difference between a normal good and an inferior good. Would your answers to question 7 change depending on whether this good is a normal or inferior good? Why?
Interview someone who works in international business
Interview Guidelines
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Each student is required to interview someone who works in international business. This is an extremely diverse field which means you may find someone who works in international currencies, banking, commodities, a person who works in international economic development (the Chamber of Commerce or Nebraska Department of Economic Development), a manufacturer with operations overseas (Valmont from Valley, Chief Industries in Grand Island), software companies, even farmers/auctioneers who trade in South America. You may select anyone you wish.
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The primary purpose of this exercise is to determine what it is like to do business in another country. You will want to start by asking some basic information about the person and the company. How long has the company been working in international business? Where? Why? What exactly do they do? How long has the person been doing this work? What was their background that prepared them for this work?
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You will want to know if they did extensive planning, how well the plans worked, what changes did they make? Were they successful initially? What obstacles did they run into? What adaptations to business were required? What were their biggest surprises? What were their biggest successes/failures? What did they learn from them?
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Were there government regulations different from the U.S.? Did government policy interfere with the ability to do business? Was currency an issue? What risks were involved? What kind of preparation is undertaken by the company to do business overseas? What preparation does the person make to do business overseas?
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What kind of market research did they do? How were their products/services or presence received in the country? How are communications handled between the home office and the overseas affiliate? What management is in place? How does it differ from management at the home office?
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What was the worst experience you have had overseas? What was the best experience you have had overseas? Etc.
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I always find the following question to be a good way to end the conversation. Often this gives the person a chance to think, relax and relate casual information. It tends to be more revelatory as people become less formal.
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Is there anything else you can tell me that you think I should know?
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Many of the questions you ask will depend on the person you interview and the type of business they do. You can record the information if you want and be sure to take copious notes in case the recording fails. It is always best to interview the person in their office, you can tell a great deal by taking note of the things with which one surrounds oneself. Moreover, people tend to be more guarded on the phone and using email. Email tends to be the worst way to interview; people give very curt responses to questions. For example:
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Do you do business overseas?
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Yes
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Want kind of business?
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Import/export
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When you speak with a person face-to-face, you have the opportunity to ask spontaneous questions. This is especially rewarding when the person says something totally unexpected, you can do a quick follow up to clarify or get them to be more descriptive.
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A writing rubric for interviews can be found under the course documents. The writing rubric will be used; it serves as the foundation for grading the structure, writing and completeness of the paper.
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I will warn you early; use the tools you have to help yourself. Be sure to correct every red and green underlined part of your paper; use spell check and grammar check. To fail to do so will result in a 5 point deduction for each spelling and grammar error. Please have someone proof read your papers before you turn them in even if you think they are perfect. A fresh pair of eyes will catch the typos that are the real words that don’t fit; you know, the ones where you meant to have “but” and instead it says “put”.
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The paper needs to be written in paper form (narrative), not in interview format (question followed by answer). Be sure to start the paper with an introduction and finish with a conclusion. Be sure it is organized logically. Use a “reporting” kind of writing:
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Mr. John Smith is president of Omaha Steaks. Omaha Steaks, in business since 1949, cultivated an international presence as part of their strategic plan…..
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Remember, an interview is about the person being interviewed. Do not write; “I asked John Smith about his company. He responded by saying Omaha Steaks began work in the international market place in 1949. This surprised me, I had no idea. Don’t write about you; write about the person you interview.
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The paper should be between 3-6 pages in length, single space (be sure to double space between paragraphs), font size 12.
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If you have any questions feel free to email or post a question on the discussion board.
Take on the role of an HR manager at an air transportation supply company. Analyze employee performance over the last year and make sense of the data
In a report by the U.S. Department of Commerce, the U.S. economy contracted at an annual rate of 4.8% in the first quarter of this year. For this assignment, you will take on the role of an HR manager at an air transportation supply company. The company is currently struggling with a significant loss of revenue and considering operational costs. You have been asked to analyze employee performance over the last year and make sense of the data.
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Using a summary (provided below) of the company’s employee salaries, bonuses, and performance data, address the following rubric criteria:
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Interpretation: Discuss your interpretation of the data.
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What questions emerge from your analysis of the data?
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What story can they tell about the company’s employees?
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Analysis: Explain how the provided data helps you understand your employees and how the company is using its financial resources. Identify potential gaps or issues in the data.
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What is the quantitative and qualitative data telling you? Are there any underlying issues or perspectives?
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What is the data not telling you?
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What additional primary and secondary sources would help the company make a decision?
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Conclusion and related outcomes: Describe how you have used data to determine a strategy. Use evidence to support your explanations.
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What would your strategy be if you were asked to recommend a 10% reduction in the budget?
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How would you synthesize and defend your decision process?
What does gross domestic product (GDP) tell us? How did GDP change from 2008?
For this assignment, you should use the information in the textbook and the information found on the official government website: www.bea.gov/index.htm
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Based on the information contained in the textbook and on the Web site above, answer the following questions:
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What does gross domestic product (GDP) tell us? How did GDP change from 2008? What caused these changes? What is real GDP? What was real GDP in 2008 and has it changed since 2008?
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What was national income (NI) for 2008? What does national income tell us? What is the difference between GDP and NI? How has NI changed since 2008? What caused these changes?
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What was disposable income (DI) for 2009? What does disposable income consist of? How did DI change from 2008? What caused these changes?
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Does GDP measure the well-being of society? Why or why not?
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What was GDP in 2008 (sometimes called GSP) for your state? How does your state rate when compared to other states?
Under what circumstances can firms use yield management, and why do they do it?
Prompt: Why do some firms use “yield management systems”? Under what circumstances can firms use yield management, and why do they do it?
Analyze the financial performance of Drive It Long Golf, Inc.
Analyze the financial performance of Drive It Long Golf, Inc. using the following tools:
time and trend analysis
peer-group analysis
two or more ratios financial ratios (introduced in Module Two’s assigned readings) in each area that will allow you to evaluate the following four aspects of performance:
Short-term solvency
Asset Utilization
Long-term solvency
Profitability
Evaluate the firm’s financial position using the firm’s DuPont Identity, considering:
operating efficiency (as measured by profit margin),
asset use efficiency (as measured by total asset turnover), and
financial leverage (as measured by the equity multiplier).
Determine PEG ratio.
Construct Drive It Long’s PEG ratio, and
Evaluate this PEG ratio.
Define the concept of the weighted average cost of capital (WACC) and explain how a venture’s WACC changes as it moves through a successful life cycle of venture
Please provide a description of explicit and implicit financing cost implications associated with a venture’s need for additional funds.
How is the cost of equity capital for private ventures estimated? In developing your answer describe the major components that are considered when estimating the rates of return required by venture capitalists.
Define the concept of the weighted average cost of capital (WACC) and explain how a venture’s WACC changes as it moves through a successful life cycle of venture? Please substantiate your answer with some numerical examples
Please use the attached PPT as one of the sources!