About Boston Baked Beans Native Americans had made corn bread and baked beans. The Pilgrims at Plymouth Colony learned these recipes in the early 1620s‚ and likely added barley to the corn meal to invent brown bread. The Triangular Trade of the 1700s helped to make Boston an exporter of rum‚ of which molasses is an ingredient used in the distillation process. At that time‚ molasses was added to local baked bean recipes‚ creating Boston Baked Beans. In colonial New England‚ baked beans were traditionally
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With tensions between the colonial townspeople and the higher class British soldiers sparking conflicts‚ the Boston Massacre was sure to happen at one point. As the most famous story goes‚ colonists threw snowballs at the soldiers‚ called them nasty names‚ and dared them to fire their bayonets. The Redcoats responded as so by readying their weapons and shooting bullets into the crowd. Five people were killed in this incident‚ including Crispus Attucks (the only African American that was killed.)
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Case No.07 – Nokia’s pricing strategy Nokia is one brand name that inspires all those who are into the mobile culture. Of the entire brand that touches our lives‚ Nokia stand s out significantly. It has taken mobility a step forward by creating products with continuous innovations in this industry has made it imperative that every player keeps pace with changes. Nokia has been one step ahead in anticipating future market moves and strategizing accordingly. Interestingly the company prices its
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Compare and contrast CAPM and APT? Capital asset pricing model (CAPM) and arbitrage pricing theory (APT) are both methods of assessing an investment’s risk in relation to its potential reward and whether the potential investment yield is worthwhile. CAPM developed by Sharpe 1964. The basic theory behind this model is that investor needs to be compensated for Time Value of Money and the risk that they are taking. The time value of money is represented by the risk-free (rf) rate in
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Discuss the concepts of limit and predatory pricing. Explain how imperfect knowledge of other firms’ costs or financial conditions can lead to limit or predatory pricing. Limit pricing is when an incumbent firm sets a “low price with the purpose of deterring entry”. Predatory pricing is when an incumbent sets an “‘irrationally’ low price [possibly below cost] so other firms can’t compete” forcing existing firms to exit the market. Both pricing strategies require at least two periods: the first to
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James Sass BPA-125 Marketing Principles Stephan Berry What is a buying center? Describe the roles assumed by people in a buying center and what useful questions should be raised to guide any analysis of the structure and behavior of a buying center. A buying center is a group of people in a organization howe participate in the buying process. They share the same risks‚ goals‚ and knowledge about the product in which there going to buy. Members of the group usually include the president of the
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In the News By: Geovani Flores BUSN-412 Week 2 There is an article in the news regarding the pricing of milk over the last couple of years. According to this article milk sales set records in 2014‚ but due to plummeting prices dairy farmers are due to take a huge loss. The issue here is that in 2014 dairy farmers could hardly keep up with the demand of milk so prices were really high. Dairy farmers were forced to do whatever they could to produce more milk to keep up with the demand. This included
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Center of Gravity The point in a body or system of bodies at which the whole mass may be considered as concentrated. When an object’s weight is distributed uniformly‚ the center of gravity lies at its geometrical center. For irregular shaped objects‚ the center of gravity is near to the concentration of its mass. Equation: Where: X= center of gravity xi= distance of the objects from fulcrum or arbitrary axis mi= mass of the object Sample Problems 1.) Suppose your lab partner has
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Cost of Capital Definition: cost of capital is the rate of return that a company must earn on its project investments to maintain its market value and attract funds. The cost of capital to a company is the minimum rate of return that is must earn on its investments in order to satisfy the various categories of investors‚ who have made investments in the form of shares ‚ debentures and loans. The cost of capital in operational terms refers to the discount rate that would be used in determining the
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According to Document 3‚ Account of the Boston Massacre‚ “A townsman with a cudgel struck him over the hands with such force…” This writing means that the colonists had clubs to fight back against the British and protect themselves. Although the British had much more powerful weapons‚ such as guns‚ the colonist were able to bring much harm to them as well. In Benjamin Edes’‚ Account of the Boston Massacre‚ a colonist “aimed a blow at the Captain’s head which grazed his hat and fell pretty heavy upon
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