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Describe a time when innovation was harmful to an organization. With the benefit of hindsight, discuss what could have been marketed differently to have save the innovative efforts. Answers should be a minimum of 400 words in paragraph format and cited in APA format appropriately.
The city council of a small town has decided to build a tennis court in the central park. Players are expected to arrive on the average of 10 sets of players per 12-hour day. Playing time is exponentially distributed with a mean of one hour. Arrivals..
Let's take the Model of Consumer Behavior for a spin. Consider the last time you purchased a nice dinner at an upscale restaurant. What was your choice of restaurant? Go through all the variables outlined in the first two columns of the model, enviro..
Lawrence loaned money to Moore, who died without repaying the loan. Lawrence claimed that when he mentioned the matter to Moore’s widow, she promised to pay the debt. She did not pay it, and Lawrence sued her on her promise. Does she have any defense..
A manufacturer is considering adding a new facility to keep up with demand. The location being considered will have fixed costs of $15,000/ month and variable costs of $15/ unit. The selling price will be $25/ unit. What is the volume of units requir..
Suppose the production function is Q = 20(K^0.5 L^0.5) and the value of capital is 100. Calculate the total product for the following values of labour input: 1, 5, 10, 20, 40, 50, 80, 100, 150, 200. Calculate the average product at each of these leve..
You are the newly appointed Chief Marketing Officer (CMO) at Big Established Company, Inc. (BEC). BEC has been around for more than 50 years and has many well-known brands, the majority of which command large market shares. What kinds of elements wil..
The Target Company imports brass lamps from China. Weekly demand at Target’s distribution center for lamps is normally distributed with an average of 4000 and a standard deviation of 1200. What is the economic order quantity of lamps the for distribu..
Using the data of question 9, suppose the manufacturer has an inflated demand forecast as follows: Quantity Probability 2,200 5% 2,300 6% 2,400 10% 2,500 17% 2,600 30% 2,700 17% 2,800 12% 2,900 3% (a) Suppose the manufacturer is make-to-order (timing..
Recycled Furnishings is a division of an international home furnishing company called Thor Enterprises. Recycled Furnishings makes glass sofas for outdoor use from recycled bottles and glass. The business has grown rapidly in the last thirty years an..
Are there disadvantages to the electronic purchasing system? And do you think e-procurement will ultimately replace the manual system?
As you know, knowledge is power. We can obtain knowledge by doing our homework (e.g., our “research”). For this forum, refer to the Pew Research Center website. The Pew Research Center is a nonpartisan "fact tank" that provides information on the iss..
Suppose a single crew member is collecting solid waste in a neighborhood where the average quantity of waste per collection stop is 22 kg and the average time required to service a collection stop is 0.6 minutes. If the labor costs are $25.00 per hou..
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