¨Summarize the video in your own words, using just one or two sentences.

¨State five facts from the video

Are you convinced or unconvinced about the main point of the video? Why? Will you

Do you reject it? Do you reject it? Why? (You may agree with some points and disagree with others.)

Would you recommend this video for future classes? Why or why not? 

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This Assignment must be submitted on Blackboard via the allocated folder.

• Email submission will not be accepted.

• You are advised to make your work clear and well-presented, marks may be reduced for

poor presentation.

• You MUST show all your work.

• Late submission will result in ZERO marks being awarded.

• The work should be your own, copying from students or other resources will result in

ZERO marks.

• Use Times New Roman font for all your answers.

 

 

Based on the following case study, answer questions ( 1- 4 ).

 

Video Store Project

Case Study Description

 

A video store sells and rents videos to people. A person must be a store

member to rent from that store. On other word, a person who has a

membership card may rent from the store while anyone can buy a video.

Members can reserve videos for rent if all copies of it are currently

rented. When a video is returned, the member will be called and the video

held for up to 3 days, after which the reservation will be cancelled if

unclaimed. Rental fees ($2 for 2 days) are paid at the time of rental. Late

returns are fined (at $1/day), and fines must be paid before another video

can be rented.

A limited stock of videos is kept for sale, but a member can order a video

for purchase.

You are to build a system to support the operations of this business.

Three different parties will use this computer system: the store clerk, the

customer, and the store manager.

• The clerk will add new members and rent out and return videos on

behalf of members, including collecting payment of fees. The clerk

may warn members several times for late returns.

• The customer can search for titles (by name) and can place

reservations for titles. Members can subscribe themselves for new

title notifications.

• The manager can add new titles and video copies, and print out

various reports and statistics.

 

Q1: Briefly describe the objective of the project?

Q2: Identify three main stakeholders?

Q3: List at least 6 main functions that the project provides?

Q4: Identify at least two conditions/constrains that the project scenario

may has?

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Describe a promotional activity (TV, billboard, brochures) that you have observed in Saudi Arabia regarding public health. An example might be the TV ad promoting vaccinations for children (do not choose this example). Discuss the entity that is promoting this education, analyzing how this entity was tasked with this role and why this education and role are important to your community. Do you think the promotion could be improved? In what ways?

If you are unable to locate such an activity, identify an issue that you believe is in need of such promotion. Describe your issue and why you think it needs this activity. Then describe what the promotional activity might be (eg, brochures, billboards, TV ads, and more). Be sure to note how you think it will impact the community and who should be in charge of the promotion.                  

Your paper should meet the following structural requirements:

· The paper should be three to five pages in length, not including the cover sheet and reference page.

· Formatted according to  APA

· Provide support for your statements with  in-text citations  from a minimum of  four scholarly articles

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Create an ERD using the attached database application proposal and don't forget to underline key attributes and include cardinality ratio and participation constraint. If there are weak entity sets, indicate them by double lines, as described in the class. Clearly describe any assumptions that you are making.

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Running head: COST, VOLUME, PROFIT ANALYSIS 1

COST, VOLUME, PROFIT ANALYSIS 5

Cost, Volume, Profit Analysis

Author’s Name

Institutional Affiliation

Cost, Volume, Profit Analysis

Fixed manufacturing costs are those overhead costs that can be specifically associated with a production area of manufacturing goods (Stout et a., 2016). This set of costs are not affected by change of activity hence do not vary. Therefore, for a company to make profits, the management should always be aware of the amounts of fixed manufacturing costs incurred by the company in order to yield enough contribution margin amounts from sale of services or products so as to offset the fixed manufacturing costs. Some of the fixed manufacturing costs that are involved in manufacturing company include utilities, normal scrap, compensation of quality assurance staff, Salaries for production supervisors, factory rent, compensation of material managers, production equipment depreciation and various classes of insurance on facilities, inventory and production equipment.

On the other hand, variable manufacturing costs are those overhead costs that change with activity levels or output of production (Stout et a., 2016). This concept is very essential in modelling the levels of future expenditures of the company as well as determining the minimum possible price for selling a unit of a product. Compared to fixed overheads, variable overheads seem to be smaller. Some of the variable manufacturing costs associated with the production include costs of production supplies, wages for material handling costs of equipment utilities.

Contribution margin is the selling price of a unit product minus all the variable costs associated which results in the profits generated from the sale of each unit (Motta, 2004). Total contribution margin generated by the company represents all the earnings that will be used in payment of fixed costs or expenses as well as generating the company’s profits. It is one of the major concepts that build up the breakeven analysis.

In calculating the ratio of contribution margin that will be used to represent the numerator in the calculations that precede, al the variable costs involved are subtracted from the sales revenue. The result is the contribution margin as illustrated in the following accounting format example:

Produces & Sell 8000 units @20, Variable manufacturing costs @10, Fixed manufacturing costs (Max 10,000units) $38000.

Revenue $160000

Variable Expenses (80000)

Contribution Margin $80000

Fixed Expenses (38000)

Net Profit/Loss $42000

Contribution margin can be used in making various decisions. Some of these decisions include product pricing, increasing or decreasing component costs, acceptance of special orders and incurring additional advertising expense. While making pricing decisions, it is important to note that with the amount of units constant, an increase in price per unit results to an increase in contribution margin and a decrease in price leads a reduction in the contribution margin (Paul et al., 2010). With the above example, what would happen if the price per unit is increased to @25 or reduced to @ 15?

@15 @25

Revenue $120000 $200000

Variable Expenses (80000) (80000)

Contribution Margin $40000 $120000

Fixed Expenses (38000) (38000)

Net Profit/Loss $2000 $82000

The company would rather increase the prices that lower them.

Component costs are fixed costs and a rise in fixed costs increases the overall costs. This would cause a reduction on the earnings of the company in case of a low contribution margin. As well, a reduction in component cost reduces the overall costs hence less affecting the contribution margin.

In a decision to incur additional advertising expenses, there are two things involved. One, it would cost an increase in the variable costs and two, it must impact in an increased number of units sold in order for it to be profitable. However, increasing the advertisement expense per unit product would increase variable expenses which in turn will lower the ratio of the contribution margin. For example, assume increasing the advertising expense by $5000 will increase sales to 9000 units.

Constant +$5000

Revenue $160000 $180000

Variable Expenses (80000) (80000+5000)

Contribution Margin $80000 $95000

Fixed Expenses (38000) (38000)

Net Profit/Loss $42000 $57000

The company should therefore increase the advertisement expense.

For the company to accept special orders, the company should be operating below its maximum capacity which gives a capacity to service the special order. In this case, the additional sales should be more than the additional variable costs. In the case where there is no excess capacity, the cost under consideration should cater for the contribution margin lost in sacrifice of regular sales so as to complete the special order. With reference to the previous example, what would happen if a customer placed a special order of 1500 units @ 15 and the customer will cater for the delivery costs of the product. The company should take the offer.

Revenue $ 182500

Variable Expenses (80000)

Contribution Margin $ 102500

Fixed Expenses (38000)

Net Profit / Loss $ 64500

References

Motta, M. (2004). Competition Policy: Theory and Practice. Cambridge . pp. 102-120.

Paul, WF, Neil, TB, Philip, EP, David, JR (2010). Marketing Metrics: The Definitive

Guide to Measuring Marketing Performance.  Upper Saddle River, New Jersey: Pearson

Education, Inc.

Stout, D., Edward, B., Juras, EP & Cockins, G. (2016). Cost Management – A Strategic

Emphasis  (7th Ed.). McGraw-Hill.

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Assignment-2

Assignment Uploading Date: End of Week-9

Submission Date by students: End of WEEK- Week-12

Purpose

To assess your understanding regarding the use of tools as well as digital marketing techniques

for an organization of your choice.

Action Items

1 Evaluate the effectiveness of E-Procurement and E-Auction.

2 Usability Modeling of ICT and other resources (UM) a. Finding the optimal solution

b. Cost and Schedule Analysis

c. Recommending and Implementing the resources

3 Web-enabled Supply Chains (WEB)

a. A Web-enabled Procurement System

b. A Web-enabled order tracking system

c. Warehouse Management System

d. Customer Relationship Management

4 Explain the role of cloud computing, traceability, RFID and other ERP solutions. 5 Discuss the industry response towards the use of ICT and various tools discussed

above. 6 To apply critical thinking by the students.

 

Note:

1. Each students will have one Project. 2. Project will be based on the implementation of the e-supply chain and logistics in real

world.

3. Project will require summarizing, demonstrating, and the use and potential values of SCM and LOGISTICS for an organization.

4. The word count for this assignment must be between 1200 – 1500 words. 5. The Due date for the this assignment is Week-13. 6. Students should submit the combined assignment in a hard copy to their instructors.

 

 

Submission Instructions

 Post your response in the Discussion Board per your professor's instructions.

Grading Criteria

0 – 10 points

Grading Rubric:a

Criteria A (10.0)

Outstanding

B (6.0)

Proficient

C (4.0)

Basic

D/F (0)

Below

Expectations

Critical

Thinking

 Rich in content

 Full of thought, insight, and

analysis

 

 Substantial information

 Thought, insight, and analysis has

taken place

 Generally competent

 Information is thin and commonplace

 Rudimentary and superficial

 No analysis or insight is

displayed

Connections Clear connections

 To previous or current

 To real-life situations

 New ideas or connections

 Lack depth and/or detail

 Limited, if any connections

 Vague generalities

 No connections are made

 Off topic

Uniqueness  New ideas

 New connections

 Made with depth and detail

 New ideas or connections

 Lack depth and/or detail

 Few, if any new ideas or connections

 Rehash or summarize other

postings

 No new ideas

 “I agree with…” statement

Timeliness  All required postings

 Early in discussion

 Throughout the discussion

 All required postings

 Some not in time for others to read

and respond

 All required postings

 Most at the last minute without

allowing for

response time

 Some, or all, required postings

missing

Stylistics  Few grammatical or

stylistic errors

 Several grammatical or

stylistic errors

 Obvious grammatical or

stylistic errors

 Errors interfere with content

 Obvious grammatical or

stylistic errors

 Makes understanding

impossible

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Becoming a college student means that you have a responsibility to apply knowledge to advance your field and to make the world a better place. Through practicing critical thinking skills, we learn not only to avoid being manipulated in our thinking, but to fully support and provide evidence for our ideas. Your critical thinking journal, if you kept one, will help inform your final project. This option, if selected, will enable you to delve deeply into the literature on a specific problem you want to understand, examine, or analyze.

Summarize 
Some annotations merely summarize the source. What are the main arguments? What is the point of this book or article? What topics are covered? If someone asked what this article/book is about, what would you say? The length of your annotations will determine how detailed your summary is.

Assess 
After summarizing a source, it may be helpful to evaluate it. Is it a useful source? How does it compare with other sources in your bibliography? Is the information reliable? Is this source biased or objective? What is the goal of this source?

Reflect 
Once you have summarized and assessed a source, you need to ask how it fits into your research. Was this source helpful to you? How does it help you shape your argument? How can you use this source in your research project? Has it changed how you think about your topic? 
{link} 

Instructions
Begin the process of constructing your annotated bibliography by choosing a particular issue or problem. It could be related to your career path in accounting. The goal is then to align this problem or issue with a specific logic model from the text and/or other critical thinking tools you have been learning throughout the course. As you construct your presentation, utilize critical thinking tools to evaluate your data and your credible research, interpret this data, and understand your specific problem or issue from a broader, deeper, and more focused perspective. Accessing and implementing credible research from the CSU-Global Library is vitally important in the process of constructing your final presentation. Be sure to incorporate summary information from your Journal work to note questions and ideas that may have been clarified along the way for you.  This is a place to synthesize your journaling efforts.

In constructing your annotated bibliography, you will utilize and integrate the Elements of Thought (Purpose, Point of view, Question at issue, information, interpretation and inference, concepts, assumptions, implications and consequences).
Your annotated bibliography must:

Take into account the scope: What types of sources should you use? (Books, articles, primary documents, websites, and non-print materials may be included.)

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write a 700- to 1,050-word paper to the community explaining the restorative justice process.   *ALL BULLETS POINT MUST BE ANSWERED IN PAPER.

 

 Include the following in your paper:

.Explain the process of restorative justice and why it is used in the criminal justice   system. 

.Explain how the damage of a crime can go beyond the immediate victim.

.Describe how the restorative justice process differs from contemporary criminal 

  justice processes.         

. Reflect on how the restorative justice process can benefit the offender, the   

  victim and the community.

 Format your paper consistent with APA guidelines.

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Gambling with Civilization

Bowen Wang

ECN475

This article is about the economics of exhaustible resources such as oil and coal. The author explores risk, uncertainty and climate change in economics. In his discussion of the economics of climate change, Krugman presents two crucial lessons concerning economic forecasts of climate change. This includes the fact that making predictions particularly long run predictions is a difficulty. The article makes reference to William Nordhaus’s paper, “The Allocation of Energy Resources” in emphasizing this lesson. This includes the errors resulting from over-optimism on the part of the experts particularly in regard to the production of oil and nuclear power (Krugman, 2013). The predictions did not also take into account wind and solar power.

Second, the necessity of predictions. Despite future is uncertainty, it is vital that decisions that take the future into consideration are made. This is particularly case when it comes to exhaustible resources whereby depletion of such resources will have a toll on the future generations. It is also the case when it comes to global warming and the issue of climate change. This is because the emission of carbon dioxide will remain in the atmosphere and impact future generations. Predictions in this areas are necessary given the case for immediate action. It is, therefore, necessary to make the best predictions conceivable when approaching the issue of climate change. The article identifies integrated assessment models (IAMs) as an approach that can aid in this endeavor (Krugman, 2013).

This article concepts negative externalities in the context of climate change. Negative externalities refer to the costs that people inflict on others through their actions when they have no incentive to account for this actions when making decisions. The emission of greenhouses can thus be considered an instance of a negative externality. While the harm that such emissions cause is global rather than local and extends into the foreseeable future, they can still be considered an example of negative externalities. This article proposes imposing of a price on this emissions as the best way to control such emissions. Such prices can be implemented through carbon taxes for emissions or through a cap-and-trade system for greenhouse emissions (Krugman, 2013). This will give people an incentive to reduce emissions. The article argues that this approach will be more successful as compared to direct regulation aimed at curbing emissions.

References

Krugman, P. (2013, Novemember 7). Gambling with civilization. Retrieved from The Nwe York Review of Books: http://www.nybooks.com/articles/2013/11/07/climate-change-gambling-civilization/

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The attached article that is connected to some area of marketing and relate it to the course material. The article that you are explaining must be a minimum of 1,000 words in length. Your paper should be no longer than 2 pages in length and double-spaced. Your single reference should be single spaced. The 2 acceptable journals and specific dates are:    

• Harvard Business Review, from 2009 to 2011  

• Harvard Business Review, from 2016 to present 

• MIT Sloan Management Review, from 2015 to present  

 

No other journals will be acceptable. Also, if you use these journals but select articles that do not fall within these dates, your article will not be accepted and your grade will be a zero (0).   Once you have selected your article, briefly summarize it. This should take between ½ to 1 page. For the remaining page, tell me why this information could be important to marketers. Be specific! Finally, in 1-2 sentences, tell me how this information relates to a specific part of the textbook or course material.   

 

Do not use subheadings – i.e. “summary, etc.” Instead, it should flow naturally.  

 

Format 

• Use Word with a 12-point font of Times New Roman (no PDF documents) 

• 1 inch margins on all sides, no headers or footers, left justified, name on document 

• 2 page maximum, double spaced

• Include the name of the article and your name as a heading on the first page 

• Prepare references in accordance with the APA Publication Manual (6th edition) and place it on the final page.   

Example: Oakley, J., & Bush, A. J. (2012). Customer Entertainment in relationship marketing: A literature review and directions for future research. Journal of Relationship Marketing, 11(1), 21-40.  

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