Follow the instructions in the assignment document linked above to generate a number of different random values using random number generation in Excel or R. Then apply the Chi-squared Goodness of Fit test to verify whether their generated values belong to a particular probability distribution. Finally, complete a report summarizing the results from R. Submit both the report and the R file.The R file contains all statistical work. The report should explain the experiments and their respective conclusions, and additional information as indicated in each problem. Be sure to include all your findings along with important statistical issues.Above are the instructor’s requirements. PS. (Please give me the detailed steps and some explanation which I can take a look.)
ALY 6050 Enterprise analytics Module 1 Project Assignment: Random Number Generation & Chi-squared Goodness of Fit Test
Search for a strategic plan in a health care organization. After reviewing the strategic plan, select a business function or department within the selected health care organization to develop a business plan. The goal of the business plan is to help the organization implement the organizational mission and vision through setting a specific, measurable goal. Alignment between the organizational strategic plan and a business plan is key to successful implementation. The purpose of any department is to achieve the organizational mission and carry out various strategic initiatives that meet the mission and vision. In other words, the business plan intends to make the organization better in the specific direction the company wants to move in.For this assignment, the business will be CVS HEALTH https://cvshealth.comPart 1: SWOT Analysis Part 2: Action Plan Part 3: Stakeholder Analysis and Communication Plan Create a business plan of 1,500-2,000 words, excluding title page, abstract, and appendices according to the instructions provided below for each part. Part 1: SWOT AnalysisA SWOT analysis is part of strategy formulation that leads to goal setting and then progresses to the development of a business plan. Complete a SWOT analysis using the “SWOT Analysis” template that I linked. Using the SWOT analysis results, develop at least one strategic goal. Submit both the completed SWOT analysis document and the strategic goal. Be sure to cite two or three sources.Part 2: Action PlanAddress the following items:Brief description of the project.History or rationale (including industry trend data as appropriate).Market analysis (including competition).Goals and outcomes (relationship to strategic focus). Structure (including alliances, contractual relationships, etc.).Financial data overview: Include a summary of what financial data you examined or would examine. For each financial statement, describe the specific factors that informed you (net revenue, profit loss, balance sheet major). Personnel/Staffing (including provider relationships as appropriate).Implementation schedule: Develop an implementation schedule that identifies the resources and competences in your department and describe how they are matched to the strategic initiative. Identify how your action plan aligns to the organization’s strategic initiatives. Part 3: Stakeholder Analysis and Communication PlanComplete a stakeholder analysis to identify and prioritize the various stakeholders. Refer to the “Stakeholder Analysis – Winning Support for Your Projects,” https://www.mindtools.com/pages/article/newPPM_07…. and complete all steps. Include a communication plan for disseminating your action plan for all of the stakeholders. Which strategies do you plan to utilize and why? Your plan should demonstrate how you plan to use various types of communication channels to implement the plan. In addition, explain how the communication plan addresses what you are hoping to achieve with your strategic goal.
Business Plan about CVS Health
Calculate your life expectancy: AGE Calculator
Calculate your social security: BENEFITS Calculator
Nutrition Planning: MyPlate for Older Adults
Assignment: Explore the My Plate for Older Adults [either the website or the link] combine that information with the life expectancy calculator and social security calculator to create a personal outlook. How does your future look? Will you be able to afford to get older and maintain a healthy diet? What can you do NOW to adjust these figures for the future?
American Public University MyPlate Outlook during Adulthood Reflection Paper
Trident University Module 3 The Impact of Big Business Wells Fargo Scandal Case
Trident University Module 3 The Impact of Big Business Wells Fargo Scandal Case.
Address the following in a 3- to 4-page essay demonstrating your critical-thinking skills. It should be written for an audience of business owners. As an ethics expert working for a national ethics association, you have been asked to address the following:Evaluate what Wells Fargo has done to repair the damage to their reputation. What should they still do?Should top leaders be responsible for the behaviors of its customer-facing employees? Why or why not.In your judgment, why is this Wells Fargo situation an “ethical dilemma”? Bring in a philosophy (or philosophies) that you have learned about in this Module.This assignment should include third-person voice, in-text citations, and a reference list. It should be evident that you followed some of the basics of APA formatting. Write a well-integrated paper with a strong introduction and conclusion, and use a few section headings (e.g., do not simply follow a Q & A format).Bring in subject matter expert viewpoints (authors or speakers) to validate and support your writing. Utilize at least 3 sources that are not included as background readings in this course and use ones that are new to you. These sources, for example, can be found by searching the Trident Online Library databases (such as Academic Search Complete, Business Source Complete, Skillsoft Books 24×7, and/or ProQuest Central).General References Useful for Preparing Graduate-Level Papers:For a list of general reference sources related to locating library sources, using APA formatting, applying critical-thinking skills, and so forth, see General References Useful for Preparing Graduate-Level Papers. It is not required that you read these sources page-by-page, but rather you refer to them for guidance as needed.
Trident University Module 3 The Impact of Big Business Wells Fargo Scandal Case
Assessment of Market Power
essay help online A firm has market power if it finds it profitable to raise prices above marginal costs. Identifying the profitability of firms can assist in assessing market power, as both are defined in terms of firms’ ability to raise prices consistently and profitably above competitive levels. This is not a straightforward process due in part to genuine reasons for excess profits and difficulties in identifying the competitive price level but also due to the many other determinants of market power. In the model of perfect competition, price equals marginal cost. Understanding a firm’s cost structure and the price it charges is therefore the most direct way of measuring market power. It is on this basis that the Lerner Index was developed, which examines the mark up of a firm specific price above its marginal cost. Direct application is problematic however due to the difficulty surrounding the estimation of marginal cost while it tends to be somewhat controversial to focus primarily on the profitability of firms when analysing market power. The representation below of profits generated under the economic models of perfect competition (c) and monopoly (m) illustrates that a perfectly competitive industry produces at point C whereas a monopolist will maximize profits by producing at point M (derived from point B). Evidently, zero profits are generated in the model of perfect competition. By comparison, a monopoly (i.e. the most extreme form of market power) generates significant profits when market power is exercised, as denoted by the shaded area. Figure 1: Profit Maximisation under Perfect Competition and by Monopoly A monopolist’s ability to enjoy profits by pricing above the competitive level is dependent on the presence of high barriers to entry such that other firms do not constrain the monopoly’s profits by entering the market or by the threat of entry. Any exercise of market power will be limited by its elasticity of demand implying that if consumers are unwilling to pay at Pm, a monopolist may be forced to price closer to Pc. Market power tends to decrease with the number of firms in the industry. However, from an economic theory perspective, the net effect of market power on welfare is not clear-cut due to the need to draw conclusions from the trade-off between allocative efficiency and productive efficiency. A reduction in market power usually implies lower consumer prices but this does not infer that the larger the number of firms the higher the welfare as an increasing number of firms can impact on productive efficiency due to the duplication of fixed costs, for example. As high profits tend to correspond to the presence of market power, an assessment of a firm’s profitability may be thought of as being a good indication of the degree of market power present i.e. weak competition is present if a firm is earning profits in excess of a reasonable rate of return. This is a flawed approach however, without accounting for the following potential sources of economic profit, as outlined by Bishop/Walker: Schumpeterian rents – rewards for taking risk and innovation; and Ricardian rents – rewards to a competitive advantage such as superior efficiency or better management. These are not anticompetitive concerns and represent genuine reasons for profits diverging from a reasonable rate of return. For example, entrepreneurs tend to take risks on the premise that if they are successful, substantial profits will follow. Moreover, a firm earning excess profits following enhanced efficiencies does not do so by restricting output as illustrated in Figure 1, rather it does the opposite. Furthermore, while profits may exceed the cost of capital in the short run due to economic cycles and windfall gains, these are not necessarily related to market power or anticompetitive practices. Conversely, an inefficient firm may experience profits below marginal costs, which may serve to conceal a competition problem in the market if profitability was considered in isolation. When excess profits are found to result from market power, the question arises as to what constitutes an excessive return. This is one of many conceptual issues surrounding the application of metrics such as the internal rate of return and net present value that can be used in examining the economic profitability of firms. Thus, the aforementioned intricacies have led to the view that “profitability measures can provide a good answer to the wrong question and much less a good answer to the question we really want to answer”. A perfectly contestable model emphasises the important influence that barriers to entry have in a market power analysis. In this model there are no barriers to entry or exit, implying that the threat of new entrants can discipline a monopolist firm to set prices at an efficient level. The model is often considered purely theoretical, as it requires the absence of sunk costs in addition to competitors being able to enter the market earn a profit and exit before the incumbent can adjust prices. The UK Competition Commission did demonstrate however that the concept can be applied in a real world setting. As market power is determined by the level of competitive constraints facing a firm, consideration of barriers to entry and expansion might appear to constitute a sufficient analysis. This is however an inadequate assessment of market power as the absence of competitive constraints does not necessarily imply that firms can raise prices above the competitive level. Profits should at least be assessed to validate a preliminary analysis, as according to Neils/Jenkins/Kavanagh, “persistent and high profits are consistent with the presence of entry barriers”. The various factors required to exert market power can be illustrated with a basic economic model of a static dominant firm with a large market share and a competitive fringe with exogenous behaviour. It assumes that competing firms can expand output while barriers to entry remain. The degree to which an individual firm can raise prices above marginal costs depends on its firm specific elasticity of demand (εf), which is derived as follows: (1) εf = (εd (1-S) εr) / S where, εd is the market elasticity of demand; S is the firms market share; and εr is the elasticity of supply of rival firms Market shares A high market share is likely to result in a lower elasticity of demand faced by a dominant firm but it does not necessarily infer market power. As above, market shares are just one component that determines εf. An assessment of other industry characteristics is therefore required, possibly supplemented with a profitability analysis, in order to gain more insight into the dynamics of the industry. Barriers to entry and expansion Similarly, the extent of barriers to entry and expansion are some of several components that determine the market power of the dominant firm, εf. As the assessment of market power requires an understanding of the size of these barriers, as in Aberdeen Journals’, consideration should be given to potential factors that increase barriers such as switching costs, lock-in effects and network externalities. The history of an industry, such as reputations, may also prove useful in ascertaining the extent of εr. Relative position of competitors Valuable insights into the nature of competition can be obtained from static oligopoly models, which contain a standard assumption that the choice of rival competitors is fixed, either in prices (Bertrand) or quantities (Cournot). Market power is likely to be more prevalent and competition less intense in Cournot type markets as firms compete by quantity setting, whereas firms in Bertrand type markets compete on price alone and therefore the effect of market power via the reduction in output, as illustrated in Figure 1, does not arise. Buyer power Buyer power arises when large consumers negotiate with its supplier in order to lower prices under the credible threat that it could easily source its supply by an alternative means. The market power of what would otherwise be a dominant firm may be restricted by countervailing buyer power, as in Italian Flat Glass. A firm is in a better position to exert market power if it faces a large number of displaced consumers or buyers than if it faces one or a few strong buyers. Market elasticity of demand The market elasticity of demand εd has a significant influence on the extent of market power as shown in Figure 1 and further demonstrated in equation (1). In this model, the higher the elasticity of demand (e.g. laptops) that a monopolist faces, the higher its market power is likely to be compared to a monopolist firm with a relatively lower elasticity of demand (e.g. table salt). Examining the market elasticity of demand also helps to ensure that the market has been correctly defined with regard to potential substitutes. Products market This model is also based on a market of homogenous products, which when relaxed for differentiated products, reduces the firm’s elasticity of demand in line with the degree of differentiation between products. This has the effect of increasing its market power. Each of these factors required to exert market power are illustrated in Figure 2. While each factor can be informative in isolation, a much more comprehensive analysis is required to identify market power in a properly defined market and may require a profitability analysis to assess the extent of any difference between P and P* above. If the gap is significant, it is then necessary to examine if this has resulted from the exertion of dominance or from more genuine circumstances. Figure 2: Dominant firm with a competitive fringe model An important distinction between the price taking competitive fringe and the dominant firm is that the latter has lower marginal costs (Marginal CostDF), which could be due to economies of scale. The residual demand faced by the dominant firm is Q-QF. As the marginal cost of the competitive fringe increases (SupplyF), the market power of the dominant firm also increases, which can lead to a further increase in P such that the Q-QF expands. If the competitive fringe’s market share declines, SupplyF would increase, resulting again in a further exertion of market power by the dominant firm. The competitive price is much higher in this model, due to the lower costs of the dominant firm, even though they are not sufficiently low to result in a socially efficient outcome at Q*. According to Geradin et al, the competitive price level is virtually always impossible to calculate on both conceptual and data grounds while Bishop/Walker emphasise how much easier the application of competition law would be if this was not the case. In an analysis of market power, it would be unwise to focus on the profitability of firms, or other factors such as market shares, which can be meaningless without a comprehensive assessment of competition in the market. It is important that appropriate weighting is attributed to the aforementioned factors and that the economic analysis does not simply constitute an incoherent checklist approach. Bibliography S Bishop and M Walker: “Economics of EC Competition Law: Concepts, Applications and Measurement” (Third Edition, Sweet
ART102 ART HISTORY：Renaissance，baroque and modern art
ART102 ART HISTORY：Renaissance，baroque and modern art.
Please submit responses as a computer print-out or in a “blue book.” This is an open book/open note exam. If you are submitting your answers in a blue-book, please identify your answers by using the designations with both the question number and the answer number. Example: “Q5, A: Correct. You are to note whether the answers are “Correct” or “Not Correct”. You may use the same blue book as you used for the Midterm.If you are submitting a computer print-out, please type in “CORRECT” or “NOT CORRECT” in all capital letters to make your answer easy to notice. If the answer is “Not Correct”, find ALL aspects of the answer that are wrong. (Otherwise, you will get only partial credit for you answer.)
ART102 ART HISTORY：Renaissance，baroque and modern art
Business law Case questions regarding contracts, the UCC and sales
Business law Case questions regarding contracts, the UCC and sales. I don’t understand this Business Law question and need help to study.
For this week’s Case Questions, you must answer four synthesizing questions regarding contracts, the UCC, and sales. See the Assignment Expectations page for more detail.
The Madariagas owned a restaurant where they served “Albert’s Famous Mexican Hot Sauce.” They entered into a contract to sell the restaurant and the formula for the secret sauce to Morris. Although Morris paid the agreed-upon price, the sellers refused to give him the recipe unless he also paid them lifetime royalties for the salsa. Which of these remedies should Morris seek: expectation, restitution, specific performance, or reformation? Why?
A manufacturer delivers a new tractor to Farmer Ted on the first day of the harvest season. But the tractor will not start. It takes two weeks for the right parts to be delivered and installed. The repair bill comes to $1,000. During the two weeks, some acres of Farmer Ted’s crops die. He argues in court that his lost profit on those acres is $60,000. The jury awards the full $1,000 for the tractor repairs, and $60,000 for the lost crops. Identify the two types of awards (an award is also known as an interest or remedy in this week’s material).
Blair Co.’s top officers asked an investment bank to find a buyer for the company. The bank sent an engagement letter to Blair with the following language: “If, within 24 months after the termination of this agreement, Blair is bought by anyone with whom Bank has had substantial discussions about such a sale, Blair must pay Bank its full fee.” Is there any problem with the drafting of this provision? What could be done to clarify the language?
What are the advantages and disadvantages of hiring a lawyer to draft or review a contract?
Business law Case questions regarding contracts, the UCC and sales
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