Chapter 2 Assignment questions and answers 1. A jewelry store makes necklaces and bracelets from gold and platinum. The store has 20 ounces of gold‚ 24 ounces of platinum. Each necklace requires 6 ounces of gold 3 ounces of platinum‚ whereas each bracelet requires 2 ounces of gold and 5 ounces of platinum. The store has to use a minimum of two ounces of gold. The demand for bracelet is no less than three. A necklace earns $375 in profit and a bracelet‚ $225. Formulate a linear programming model
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How to study and discuss cases The case study is a powerful learning tool for a business major student. We may find interpreting and writing about cases mystifying‚ challenging‚ or downright frustrating. First of all‚ we should have good attitude‚ such as personal initiative‚ self-reliance‚ curiosity‚ taking risk and patience.. We should be initiative to study‚ and to have confidence in ourselves‚ but also to think independently and find the solutions. Curiosity is necessary
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Abosede Ibikunle 1. What are the major issues economic‚ safety‚ animal rights‚ civil rights for each stakeholder group? ● Environmentalists and animal rights groups are concerned with the sanctity of natural resources; letting nature take its course (and aiding in that effort) and how "Mother Nature" shouldn’t be fooled with. ● Local/state/federal government officials are concerned with the economic effects of grizzly bear reintroduction‚ the safety of residents‚ adhering to laws and regulations
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income lost if working full time. b. Now explain why. The implication of scarcity means that everything we do carries a cost. The cost of doing more of one thing then‚ is the value that is sacrificed by doing less of something else. In this case the cost of going to school full time is the value of the income that will be lost if the person were to work full time. 2. Doing more with less means fewer jobs and therefore is good/bad? c. Doing more with less has its good and bad
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Crime and Forensics Short-Answer Questions What constitutes a computer crime? This type of crime is the illegal exploitation of computer technologies‚ usually involving the Internet‚ to support crimes such as fraud‚ identity theft‚ sharing of information‚ and embezzlement. Exactly what is illegal varies greatly from territory to territory. Consequently‚ the growth of international data communications and in particular the Internet has made these crimes both more common and more difficult
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direct marketing models like online ticket sales and souvenir shops are examples for B2C activities in this case. However‚ when we consider the broader definition of the EC‚ which is servicing customers‚ collaborating with business partners and conducting electronic transactions within an organization as well as buying and selling goods‚ we can relate nearly all the EC solutions in this case to B2C or B2B activities. The main aim of the organizers is servicing to customers‚ so the EC solutions like
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HICKORY HILL SMOKED FOOD COMPANY Background Hickory Hill is a well-established smoked foods company specializing in smoked turkeys and has been selling its products throughout the northwestern part of the continental United States since 1967. Initially owned and operated by a German immigrant family‚ the key to the company’s success lay in a secret smoking process native to Rhineland‚ Germany. By 1998‚ the firm owned 250 retail outlets in addition to 400 franchise arrangements. Though the
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QUESTION AND ANSWER ON MARKET SEGMENTATION Salim Brommer is the Marketing Director of Ashkol Furniture Supplies‚ a medium-sized company which specializes in manufacturing office furniture. The company makes its products in India‚ so benefiting from relatively low labour costs. However‚ it has recently experienced intense competition from suppliers who have even lower cost bases. Salim has decided that his company will benefit if he focuses on those customers who can provide higher profit margins
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On page 856 Document 18.1 "Socialism According to Marx": How do Marx and Engels understand the motor of change in human history? How do they view the role of class? Marx and Engels wrote‚ "The history of all hitherto existing society is the history of class struggles‚" meaning that during and throughout history there is always a constant oppression between the oppressor and oppressed. Each time the fight ends in either a revolutionary reconstruction of society‚ including a destruction of a particular
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B) temporary suppression C) learned helplessness D) passive aggressiveness Points Earned: | 0.0/4.0 | | Correct Answer(s): | A | 2. The method of loci‚ peg-word system‚ substitute word system‚ and method of word association are all examples of _____. A) didectic memory B) mnemonic devices C) eidetic imagery D) a photographic memory Points Earned: | 0.0/4.0 | | Correct Answer(s): | B | 3. The frontal lobes are responsible for processing _____________. A) visual information B) auditory
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