This week we learned about regression analysis. Basically it is a scatter plot that
compares two sets of data. With this data you can help figure out estimates such as question 6.
You can also find the correlation between the two sets of data and determin
This week we learned about data and how to collect data, such as
sampling. We also learned that when collecting data there are variables to be
considered. We were also given example case studies showing us how the
information this week can be used in real
The following is definitions and analysis of financial management principles, and how
Macys uses them. There are several financial management principles so we will include three;
Risk-Return Tradeoff, Diversification, and Time Value of Money. First the pr
After reading the chapters for this week I chose Nonverbal Communication. Our book
covers a little about the topic but I feel it is important for management to know that it is not
always the words said that has the impact. In fact, 97% of communication is
1. What are the key problems with the brainstorming done by the Paper Clip Companys
managers? Why did those problems occur? What should the vice president have done
differently to set up the brainstorming sessions? What were the managers doing wrong?
Publicly Traded Corporation
Two of the videos are the exact same. I read a little bit on each of the questions that I had trouble
finding the answer in the videos. I took bits and pieces and hope I am correct. If not please tell
me the right answers.
1. Describe the self-concept of each student.
Student 1 seems worried about what others think, defensive.
Student 2 doesnt care what others think, wants to do what she wants to do.
Student 3 is a peacemaker, trys to see things from both sides and explain
Pg.337 Problem 6 Yellow Press
Annual Demand = 2,500
Cost for each order = $50
Cost per roll = $800
Annual Holding Cost = 15%
15%*800 = 0.15*800 = $120
2*2,500*50/120 = 45.64 = 46 Optimum order quantity
365 days* 46 optimum order quantity/ 2,500 = 6.
Analyze causes and identify criteria
How to improve communication in virtual teams
Virtual teams are still a working experiment. While virtual teams are on the rise with
companies there are some such as Yahoo who are shutting it down ("Why remote
1. Which of Porter's generic competitive strategies has New Balance been
following? Please explain.
New Balance follows Porters Differentiation strategy to a broad target. I say this because
they offer a product that is widely used and they se
Lehman Brothers was an investment bank. An investment bank helps companys and
people issue bonds or shares to help earn money. For example if a company wanted to issue
10,000 shares so they could open a new location and investment bank helps find buyers.
Pg. 489 #2
A. Simple Moving Average Forecast for next week.
52+65+50/ 3= 55.7= 56
56+52+65/ 3= 55.7= 58
55+56+52/ 3= 54.3= 54
60+55+56/ 3= 57
Weighted Moving Average Forecast for next week.
[(0.5*52) + (0.3*65) + (0
The Check Clearing of the 21st Century Act (Check 21) was signed into law on October
28, 2003 and became effective October 28, 2004. Check 21 is designed to foster innovation in
the payments system and to enhance its efficiency by reducing some of the leg
All numbers used to calculate ratios are dollar amounts in millions.
1. Which of the two firms had greater earnings relative to resources available?
Metropolitan 593.8/ 5698.0= .10
Republic 424.6/ 7768.2= .05
The above is Net Income/Sales (in millions) ba
Capacity is often defined as the capability of an object, whether that is a machine, work
center or operator, to produce output for a specific time period, which can be an hour, a day, etc.
(Murray). The capacity has two factors bot
1. Which member of the group produced the least productive conflict?
The girl to left in the black shirt barley gave any input.
2. Which member was most averse to conflict? How did this affect the groups progress?
The girl in the middle, she slowed the gr
I have chosen to do my current event article on Crisis Management, I think with the
recent Boston Marathon bombing we have learned just how important this is. First we need to
understand what steps are necessary in crisis management. According to Brian El
This week we learned how to take the data we learned how to collect last week and turn it
into visual aids. The visual aids we learned to do this week include pie charts, bar graphs,
paretos, and histograms. We also learned how to calculate the mean, medi
1. Review the course material on methods of group decision making. What method or
methods would you recommend if you were the facilitator for the school board?
There are a few group decision methods that could be used; decision by expert outside
A. Fleming Home Products introduced a new line of commercial awnings in 2010 that
carry a one-year warranty against manufacturer's defects. Based on industry
experience, warranty costs were expected to approximate 3% of sales. Sales of the
awnings in 2010