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Billy has created a device called a Trailboard. It is essentially a skateboard with two pairs of large, relatively soft wheels, designed to be used for descending hiking trails. The wheels are similar to those on other skateboards and are mounted in the same way, but are simply larger in diameter and have a knobby tread. Billy made his first Trailboard two years ago, and has made several more over the past couple of years in attempts to perfect it. He has given several of these to friends in order to get their feedback and suggestions. Billy wants to obtain a patent for the Trailboard, and a trademark for the name Trailboard. He is worried about the patent because a friend told Billy that she had seen a similar device on a trail recently. Billy wants to obtain a copyright for the book he wrote on Trailboard techniques. Discuss Billy's legal situation.
Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 24 months, and the project variance is 9. What is the probability that the project will be completed in 17 months? Wha..
Revisit the core values exercise. Are some values more applicable in business than others? Can voluntary programs be effective in controlling unethical or illegal activities in business? Discuss why you believe this happened and what you would do dif..
Jill has heard that in order to improve the reliability of her supply chain that she should add a capacity cushion. But, exactly what is a capacity cushion and why would a manufacturing company desire to have a large one? Discuss the advantages and d..
Do you think the attitudes and bargaining behaviors of the participants in collective bargaining negotiations are more or less important in the final outcome than economic conditions and factors
Find an example of an organization that is incorporating corporate social responsibility (CSR) into its operations and overall management. Provide a brief summary regarding what the organization is currently doing. In your opinion, do sport managers,..
Prior to May, 1969, the Illinois Legislature enacted a statute requiring operators of motorcycles and every passenger thereon to wear protective head gear and stated that the purpose of the legislation was the safeguarding of the person wearing the h..
A company will be able to obtain a quantity discount on component parts for its three products, X1, X2 and X3 if it produces beyond certain limits.
Suppose you are a government official of a small but fast growing emerging economy. A company wants to come to your country to start selling a clean fuel that has previously been unavailable there, and it wants to pump the fuel directly into your cou..
Can you think of an existing product that has been repositioned by finding a new market with a different need than the original product? Think of Croc's Shoes, for example. They repositioned from a casual, fun shoe to a practical work shoe for nurses..
Assume that at a medical malpractice trial alleging postoperative infection, exactly 50% of the evidence favors the plaintiff and 50% of the evidence favors the defendant physician and hospital. Among the defendant’s evidence is some indication that ..
D. Your firm provides flux capacitors for the “Back to the Future” DeLoreans. Calculate two forecasts: One using the naïve method with trending and the other using four-period weighted moving average method with 40% for the most recent period, 30% fo..
Brian, a used car dealer, entered into a written agreement to sell a car to Rebecca, a sixteen year old high school junior. The agreement provided that Brian would replace any defective parts for one year. Rebecca agreed to pay Brian $200 per month f..
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