Explain the procedure and implement the procedure for a product of your choosing by asking a small number of fellow students or friends the required questions to implement the procedure.

Read the paper by Robert Lewis entitled “Price-Sensitivity Measurement” in blackboard (located in the Nestle & Carnation…” folder)

Explain the procedure and implement the procedure for a product of your choosing by asking a small number of fellow students or friends the required questions to implement the procedure. Implement the price-stress analysis. What do you conclude from your survey?

Read/skim one of the two papers by Granger and Gabor placed on Blackboad. Review the economic discussion of price-sensitivity measurement in these papers and compare to the paper by Lewis and Shoemaker that you have previously read.

Review the book by Schuman and Professor: Questions and Answers in Attitude Surveys: Experiments on Question Form, Wording, and Context (available at the library – don’t check this book out or your colleagues will not be able to do their homework). Discuss how question form, wording, and context would affect price sensitivity measurement. Hint: You should be able to find enough online from this book without the library source.

How does this information affect your decision to major in this field and/or pursue a career in this field?

Read the Case Study: JOURNEY TO SHARAHAD (please read pages 1 – 3 ONLY) at the following link:

http://globaledge.msu.edu/content/academy/exercisessimulations/journey_to_sharahad.pdf

Answer the following questions:

Case Study Questions

Please list andHow does this information affect your decision to major in this field and/or pursue a career in this field?Answers could include:

Interpersonal distance (proxemics)

Eye contact

Paralanguage (voice pitch and inflections, rate of speech, silence)

Business and social interactions during meeting

Attitude toward time

Meeting room symbolism

Touching/body contact

Gestures with hands, arms, head, etc.

2. If you were a native of Sharahad and advising American business representatives on what to do when talking to Sharahadans, what would you tell the Americans about Sharahadan culture?

3. If you were a native of the United States and advising Sharahadans about American business culture, what would you tell them to prepare them for success?

4. Explain the key differences between high- and low-context cultures. Please include examples and explain the differential effects on the communication process.

5. Explain what you learned about working with individuals from other cultures from the Journey to Sharahad Case Study.

This project projects should conform to standards of formatting and documentation, including proper citations and references found in an acceptable college-level writing guide such as MLA or APA

The project must:

be typed, double-spaced, in 12-point Times New Roman or Arial font, with margins no wider than one inch

have a title page with your name, the course name, the date, and the instructor’s name.

have footnotes or endnotes, with correct citations

have a bibliography of sources used.

be prepared using word processing software (Microsoft Word preferred). Projects may not be submitted in pdf or docm

Paper Components Being Assessed

Does Not Meet Expectations

Minimally Meets Expectations

Meets Expectations

Final Student Score

Five Significant Conflicts

0-1 points

2 points

3-4 points

0-4 points

List and describe five significant conflicts that are likely to arise from the discussions between the Sharahadans and the Americans.

Minimal to no discussion of conflicts that are likely to arise from the discussions between the Sharahadans and the Americans.

Partial description of conflicts that are likely to arise from the discussions between the Sharahadans and the Americans.

Clear and complete description of conflicts that are likely to arise from the discussions between the Sharahadans and the Americans. Student provided examples and supporting documentation.

Recommendations for Americans

0-1 points

2 points

3-4 points

0-4 points

If you were a native of Sharahad and advising American business representatives on what to do when talking to Sharahadans, what would you tell the Americans about Sharahadan culture?

Minimal to no recommendations were provided to the American business representatives about key elements of Sharahadan culture.

A partial list of recommendations was provided to the American business representatives about key elements of Sharahadan culture.

A comprehensive list of recommendations was provided to the American business representatives about key elements of Sharahadan culture.

Recommendations for Sharahadans

0-1 points

2 points

3-4 points

0-4 points

Imagine the situation in this case study were reversed, that is, the Sharahad business people were coming to the United States to look for a supplier. What would you tell the Sharahadans about American business culture to prepare them for success?

Minimal to no recommendations were provided to the Sharahad business representatives about key elements of American culture.

A partial list of recommendations was provided to the Sharahad business representatives about key elements of American culture.

A comprehensive list of recommendations was provided to the Sharahad business representatives about key elements of American culture.

Information Literacy

0-1 points

2 points

3-4 points

0-4 points

Use libraries and other information sources to locate, select and evaluate needed information for the Comprehensive Case Study.

Project uses less than two valid sources other than the assigned text.

Project uses three to four valid sources other than the assigned text.

Project uses five or more valid sources other than the assigned text.

Formatting and Documentation

0-1 points

2 points

3-4 points

0-4 points

Paper uses accurate grammar, spelling, and sentence structure. The paper is at least 8 pages in length, has a cover page, and uses Arial or Times New Roman font. Margin and spacing requirements are met

How does this information affect your decision to major in this field and/or pursue a career in this field?

Writing in the Discipline—Research Report Write a researched, documented report about the writing done in your chosen major/career. Focus on the type of writing you will do in the field and examine the job prospects to determine if this is an appropriate major for you. For this paper, you will pull together two areas of research: Secondary Research into writing in your major/career from RCC catalog and website, and websites from other schools/businesses. All material must be documented, quoted and paraphrased correctly. Primary Research from interviews with a faculty member in your major and/or a professional in your field. If possible visit a place a class, seminar, or place of business in your discipline or view of film/presentation on your discipline. Present this observation as part of the paper. To report on this information, you will write in a general report formation with these sections as your headings. Introduction/Background—an explanation of what discipline you chose and why, who/what motivated you to choose this field, what kind of work is required, and introduce how writing is used in this field. Methods—a description of the methods and sources you used, as well as an explanation of the questions: Whom did you talk to? Why did you choose to interview him/her? What is this person’s expertise or qualifications? What other secondary sources did you find? What visit do you make? (if any) Results—a discussion of the findings from your secondary and primary research What did you learn about the discipline? What did you learn about writing in this field? What skills will be necessary for your discipline? What else did you learn from your research? Conclusion—How does this information affect your decision to major in this field and/or pursue a career in this field? Is it appropriate for you? The report should be at least 2.5 pages but no more than 5 pages. Your Works Cited or References page does not count as one of these pages, but you must include it at the end of your report. To document your paper, use the format typically used in your chosen field. Include in-text citations for all borrowed material and include a Works Cited page (if using MLA) or References page (if using APA)

What does this imply about capacity utilization for the company next year?

Please be reminded that in order to get the full points for the questions, you need to provide the correct answers, with relevant working (calculation(s) and explanation(s) etc.). Please read the Case Study – Assessment Rubric which had been re-posted to Modules > Weekly Lessons on Canvas for Week Four (Week of September 14) before you work on this case study. Your case report (including the answers to the questions and the summary of the case background) should be well-typed using MS Office 2013 – Word and should be submitted to the corresponding tab under Assignments on Canvas by the deadline. All your work must be submitted in a single MS Word file. Up to 25% of the case study possible points (i.e. 40 points) will be deducted if you submit your work otherwise. An embedded Excel file in your MS Word file will be considered the same as a separate Excel file submitted. So, if you embed an Excel file in your MS Word file, the same penalty will be given. All the answers as well as the case background summary, except the formulas, must be in your own words. Copy and paste sentence(s)/paragraph(s) from any source, except your own source, is totally unacceptable. Answers submitted in such a way will be subject to heavy penalty.

For this case study, please study the Minicase of Chapter 4 on Page 123 of the textbook (can be accessed from the eBook tab on McGraw-Hill Connect) and the answers to the questions of the minicase (already posted to Modules > Weekly Lessons on Canvas for Week Four (Week of September 14).

The minicase is a VERY CLOSE example for this Case Study 1. Please print the minicase from eBook on McGraw-Hill Connect and its solution from Modues > Weekly Lessons on Canvas and study them well before you work on this case study.

Requirements: You have to provide (i) a brief summary (must be 350 words or more) (10 points) of the case background description (in your own words) of this case study in the next two pages and (ii) the answer (in your own words) to each attached question. You should write up the summary before you work on the answer to any of the questions in this case study.

For the summary, I expect you to write in your own words summarizing what are presented in the case study. I want to make sure that you understand everything in this case study and what you are asked to do about it. Only when you understand what are presented and what you are asked to do, then you can do well. Right?

I do not require you to mention anything about your findings (that is, your answers to the questions) in your summary. You are not expected to add anything new (such as your opinions, explanations etc.) to your summary. I just want to see whether you understand the case study and whether you understand the requirements or not. Therefore, you are expected to restate or summarize in your own words (350 words or more) the background description of this case study including what you are asked to do about it only. In your summary, you need to cover the information contained in the paragraph above the income statement and balance sheet, what information you see in the income statement and balance sheet (please do not copy and paste the income statement and balance sheet from the case study to your summary), the information contained in the short paragraph below them, the information contained in the questions and what you are asked to do by the questions. Thank you!

01 F15 BUS-F301 Case Study 1 – Description and Requirements 2/3

Richmond Coffee, Inc. was founded by Gail McCornell and his wife in 2010 in Richmond, Indiana. Due to the lack of the related expertise, the company has not been using much financial planning for its investment needs. Therefore, RC is currently undergoing some hard times resulted in some severe cash flow problems. In addition to losing sales, RC is also falling short of profit to pay salaries to the founders. So, there is an urgent need for the company to prepare a financial plan for the next year to cope with the anticipated investment requirements.

Richmond Coffee, Inc. 2015 Income Statement Sales $6,854,000 Cost of goods sold 5,231,000 Other expenses 472,000 Depreciation 186,000 EBIT $965,000 Interest 124,800 Taxable income $840,200 Taxes (40%) 336,080 Net income 504,120 Dividends $201,648 Add to retained earnings 302,472

Richmond Coffee, Inc. 2015 Balance Sheet Assets Liabilities and Equity Current assets Current liabilities Cash $282,000 Accounts payable $265,000 Accounts receivable 342,000 Notes payable 168,000 Inventory 650,000 Total current liabilities $433,000 Total current assets $1,274,000 Long-term debt $2,080,000 Fixed assets Net plant and equipment $2,854,000 Shareholder equity Common stock $450,000 Retained earnings 1,165,000 Total equity $1,615,000 Total assets $4,128,000 Total liabilities and equity $4,128,000

RC is looking forward to a growth rate of 14 percent in 2016 (i.e. its sales is expected to increase by 14%). The firm has decided to hire you as a financial consultant to fix all the cash flow problems for them. 1. You are expected to calculate the internal growth rate and sustainable growth rate for RC, and explain to the founders what these numbers mean. (20 points) 2. RC is currently operating at full (100%) capacity. Gail McCornell, one of the founders of the company, would like you to advise them on what amount of external financing will be needed (EFN) for 2016 and whether RC’s sales can rise at this particular rate of growth?

01 F15 BUS-F301 Case Study 1 – Description and Requirements 3/3

Please be reminded to include the necessary assumptions, pro forma income statement and pro forma balance sheet in your answer in addition to other workings. (50 points) 3. RC’s fixed assets can only be acquired in multiples of $1,500,000 (i.e. adding a new product line will call for an additional investment of $1,500,000 in new equipment) once RC has reached its full operating capacity. Gail is eager to know what the new external financing needed (EFN) should be as the firm is now already operating at its full capacity. In addition, he also asks you to estimate the new level of capacity utilization of the fixed assets for RD in next year when the new production line has been implemented. Please be reminded to include the new pro forma income statement and pro forma balance sheet in your answer in addition to other workings. (50 points) 4. Gail is interested in knowing as well how the firm’s ROE will change from 2015 to 2016 according to the projected growth rate (subject to the condition that the firm can only acquire the required fixed assets in multiples of $1,500,000, the owners are not going to put in more capital and the firm’s payout ratio remains at the 2015 level). You are expected to do a Du Pont analysis comparison between the two years. For the Du Pont analysis, you must include both the calculations and the explanations. (30 points)

Important Reminder “If you choose to turn in a late case study, you will lose 25% of the points for each day pastdue for that case study. Penalty will be given immediately after the deadline. As I need to return the case studies and post the answers to the case studies, no case study will be accepted for grading after 4 days past-due” – 4-day penalty rule. It is your own responsibility to make sure that you do turn in the case studies and submit the right case study files when you turn them in. You are required to save frequently at least one backup copy of your case studies before you submit them. Past-due submission because of computer crash, misplacing of your memory stick (jump drive) or failing to submit the correct file by the deadline will be penalized according to the above-mentioned 4-day penalty rule. After you have made your submission of the individual case studies, you should see a short message immediately under Assignments telling whether you have submitted your work successfully or not. It is your responsibility to make sure that you have turned in your work files successfully before you leave the Assignments webpage. If you fail to do so, your subsequent submission will be subject to the 4-day penalty rule mentioned above.

MINICASE
Planning for Growth at S&S Air

After Chris completed the ratio analysis for S&S Air (see Chapter 3), Mark and Todd approached him about planning for next year’s sales. The company had historically used little planning for investment needs. As a result, the company experienced some challenging times because of cash flow problems. The lack of planning resulted in missed sales, as well as periods when Mark and Todd were unable to draw salaries. To this end, they would like Chris to prepare a financial plan for the next year so the company can begin to address any outside investment requirements. The income statement and balance sheet are shown here:
QUESTIONS

Calculate the internal growth rate and sustainable growth rate for S&S Air. What do these numbers mean?

S&S Air is planning for a growth rate of 12 percent next year. Calculate the EFN for the company assuming the company is operating at full capacity. Can the company’s sales increase at this growth rate?

Most assets can be increased as a percentage of sales. For instance, cash can be increased by any amount. However, fixed assets must be increased in specific amounts because it is impossible, as a practical matter, to buy part of a new plant or machine. In this case, a company has a “staircase” or “lumpy” fixed cost structure. Assume S&S Air is currently producing at 100 percent capacity. As a result, to increase production, the company must set up an entirely new line at a cost of $5,000,000. Calculate the new EFN with this assumption. What does this imply about capacity utilization for the company next year?

Why is this topic important and how it is relevant applicable law on current research and how are businesses are affected ?

The paper on the selected topic is based on good quality research, integrating relevant cases and current events where applicable. It must be between 7 to 8 pages (not including cover and reference pages); APA formatted and incorporates at least 8 scholarly and credible references (all these sources must actually be used in the paper and appropriately cited). Library research is required. This is the format: • Introduction and Overview • Topic: Why is topic important and how it is relevant applicable law, current research, how businesses are affected • Supporting cases, current events: summarized and analyzed • Impact on Business • Ethical and Biblical principles applicable to the area • Implications and Recommendations • Conclusion/

Developing and Leading Effective Teams.

Each student is expected to prepare one current event relevant to the topics being discussed in this class. A one-page report is to be prepared to explain the event, and to explain why you feel it is relevant to the class.
You may find articles in newspapers or magazines, on-line, or even a personal event.
The topics that discussed in the class (choose one):
1-Managing Diversity: Releasing Every Employee’s Potential .
2-Developing and Leading Effective Teams.
I uploaded some information for the two topics to have clear idea.

The book (Organizational Behavior; Robert Kreitner & Angelo Kinicki, McGraw-Hill Irwin, 10h Edition, ISBN 978-0-07-802936-3)

Please double-space your event and the source for the internet and provide URL for it. Do not plagiarize. Please do not use high vocabularies and make it sample to understand. thanks