Landslide

1. Which of the following was so unusual about the Oso landslide?

Select one:

a. 

Debris and dirt in the 600 ft high slope spread for an entire mile across the valley

b. 

The seismic signal for the event indicated 2 phases of flow

c. 

Covered a 1-mile wide stretch of HWY 530

d. 

This earth material came off the wall and travelled across the valley in 138 seconds

 
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Week 1 Discussions

Two-part assignment – All parts must be at least 300 words unless otherwise noted. Please read all attachments and follow ALL instructions.

Part 1: Firm Objectives

Read the articles:

Jessica Alba’s Triple Bottom startup raises $25 million https://www.forbes.com/sites/annefield/2013/11/17/jessica-albas-triple-bottom-line-startup-raises-25-million/#35d49acf4111 and 

The bottom line of corporate good –  https://www.forbes.com/sites/causeintegration/2012/09/14/the-bottom-line-of-corporate-good/#3ea3443f3576

In reference to the articles, discuss how firms incorporate the triple bottom line concept into traditional business concerns over profitability.

Part 2:   Decision Making Under Uncertainty

To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work. Edith preferred to travel on I-20 highway as it was usually the fastest, taking 25 minutes in the absence of traffic delays. Mathew pointed out that traffic jams on the highway can lead to long delays making the trip 45 minutes. He preferred to travel along Shea Boulevard, which was longer (35 minutes), but rarely had traffic jams. Edith agreed that in case of traffic jams, Shea Boulevard was a reasonable alternative. Neither of them knows the state of the highway ahead of time. After driving to work on the I-20 highway for 1 month (20 workdays), they found the highway to be jammed 3 times. Assuming that this month is a good representation of all months ahead, should Edith and Mathew continue to use the highway for traveling to work?

How would you conclusion change for the winter months, if bad weather makes it likely for traffic jams on the highway to increase to 6 days per month?

How would your conclusion change if Mathew purchased a new smart-phone app that could show the status of the highway traffic prior to their drive each morning, thus reducing the probability of them getting into a jam down to only 1day per month (where on this day, the app showed no traffic jam, but a jam developed in the meantime as they were driving along the highway).

Required Resources

Text

Please read the following chapters in: Managerial Economics:

Douglas, E. (2012). Managerial Economics (1st ed.) [Electronic version]. Retrieved from https://content.ashford.edu/

  • Chapter 1: Foundations of Managerial Economics
  • Chapter 2: Decision Making Under Risk and Uncertain

Article

Field, A (2013). Jessica Alba’s Triple Bottom startup raises $25 million Forbes. Retrieved from http://www.forbes.com/sites/annefield/2013/11/17/jessica-albas-triple-bottom-line-startup-raises-25-million/

Scott, R. (2012). The bottom line of corporate good Forbes. Retrieved from http://www.forbes.com/sites/causeintegration/2012/09/14/the-bottom-line-of-corporate-good/

Websites

Bloomberg (http://www.bloomberg.com)

Cable News Network (http://www.cnn.com)

The Economist (http://www.economist.com)

 
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Economics of Risk and Uncertainty Applied Problems

Week 1 Assignment

Please complete the following two applied problems. Show all your calculations and explain your results. 

Problem 1:

A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.

Describe your answer for each item below in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

  1. Assuming the opportunity interest rate is 8%, what is the present value of the second alternative mentioned above? Which of the two alternatives should be chosen and why?
  2. How would your decision change if the opportunity interest rate is 12%?
  3. Provide a description of a scenario where this kind of decision between two types of payment streams applies in the “real-world” business setting.

Problem 2:

The San Diego LLC is considering a three-year project, Project A, involving an initial investment of $80 million and the following cash inflows and probabilities:

Year 0 Year 1 Year 2 Year 3
Probability Cash Flow
($ mil.)
Probability Cash Flow
($mil.)
Probability Cash Flow
($ mil.)
0.2 50 0.1 60 0.3 70
0.3 40 0.2 50 0.4 60
0.4 30 0.3 40 0.1 50
0.1 20 0.4 30 0.2 40
Initial Investment
$80 mil.
           
Discount Rate
8%
           

Describe your answer for each question in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

  1. Describe and calculate Project A’s expected net present value (ENPV) and standard deviation (SD), assuming the discount rate (or risk-free interest rate) to be 8%. What is the decision rule in terms of ENPV? What will be San Diego LLC’s decision regarding this project? Describe your answer.
  2. The company is also considering another three-year project, Project B, which has an ENPV of $32 million and standard deviation of $10.5 million. Project A and B are mutually exclusive. Which of the two projects would you prefer if you do not consider the risk factor? Explain.
  3. Describe the coefficient of variation (CV) and the standard deviation (SD) in connection with risk attitudes and decision making. If you now also consider your risk-aversion attitude, as the CEO of the San Diego LLC will you make a different decision between Project A and Project B? Why or why not?
 
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Stakeholder Discussion

Need a discussion on topic Stakeholder. Should include following.

DEFINITION: A brief definition of the key term followed by the APA reference for the term; 

SUMMARY:Summarize the article.  this should be in the 150-200 word range. Be sure to note the article’s author, note their credentials and why we should put any weight behind his/her opinions, research or findings regarding the key term.

DISCUSSION:Using 300-350 words, write a discussion, in your own words the way the article relates to the selected chapter Key Term. A discussion is not rehashing what was already stated in the article, but the opportunity for you to add value by sharing your experiences, thoughts and opinions. This is the most important part.

REFERENCES: All references must be listed at the bottom of the submission–in APA format

 
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Human Resource

Require Annotated Bibliography for 2 articles covering any of below objective.

  • Explain the role of HRM in organizations
  • Define and discuss some of the major HRM activities
  • Be able to define human resource management and the certifications that can be achieved in this profession.
  • Explain the professional and personal skills needed to be successful in HRM.
  • Be able to define the steps in HRM strategic planning.
  • Describe the steps in the development of an HRM plan.
  • Explain the aspects needed to create a usable and successful HRM plan.
 
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Artifacts

Select an artifact or image created in 1000–1300 C.E. using the textbook or other academic resource, such as a museum or library website. Artifacts can include written works, laws, codes, buildings, maps, art, rituals, dance, holidays, and so on; for this exercise, if your choice is not tangible itself, be sure to include a weblink or textbook page number for a related physical relic. Your answer should explain how your chosen artifact (and relic) reflects the character of this period. Support your insight with at least one example of a connection to a specific political, economic, or religious development to which it relates.

 
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GLOBAL ECONOMICS

Using your textbook, LIRN-based research, and the Internet, apply the learning outcomes for the week/course and lecture concepts to one of the following scenarios: As applied to your current professional career As applied to enhancing, improving, or advancing your current professional career As applied to a management, leadership, or any decision-making position As applied to a current or future entrepreneurial endeavor 

OR

Using your textbook, LIRN-based research, and the Internet, apply the learning outcomes for the week/course and lecture concepts to a business organization that exhibits and demonstrates these concepts. You should develop a summary of the organizations strategy and how they use these concepts to compete.  This is a learning and application exercise designed to give you an opportunity to apply concepts learned in a pragmatic and meaningful way that will enable you to gain valuable and relevant knowledge in an effort to augment your skill set and enhance your professional careers.

 
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Economics of Risk and Uncertainty Applied Problems

Week 1 – Assignment

Please complete the following two applied problems. Show all your calculations and explain your results. 

Problem 1:

A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at the end of Year 1, and another $7 million can be provided at the end of Year 2.

Describe your answer for each item below in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

  1. Assuming the opportunity interest rate is 8%, what is the present value of the second alternative mentioned above? Which of the two alternatives should be chosen and why?
  2. How would your decision change if the opportunity interest rate is 12%?
  3. Provide a description of a scenario where this kind of decision between two types of payment streams applies in the “real-world” business setting.

Problem 2:

The San Diego LLC is considering a three-year project, Project A, involving an initial investment of $80 million and the following cash inflows and probabilities:

Year 0 Year 1 Year 2 Year 3
Probability Cash Flow
($ mil.)
Probability Cash Flow
($mil.)
Probability Cash Flow
($ mil.)
0.2 50 0.1 60 0.3 70
0.3 40 0.2 50 0.4 60
0.4 30 0.3 40 0.1 50
0.1 20 0.4 30 0.2 40
Initial Investment
$80 mil.
           
Discount Rate
8%
           

Describe your answer for each question in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

  1. Describe and calculate Project A’s expected net present value (ENPV) and standard deviation (SD), assuming the discount rate (or risk-free interest rate) to be 8%. What is the decision rule in terms of ENPV? What will be San Diego LLC’s decision regarding this project? Describe your answer.
  2. The company is also considering another three-year project, Project B, which has an ENPV of $32 million and standard deviation of $10.5 million. Project A and B are mutually exclusive. Which of the two projects would you prefer if you do not consider the risk factor? Explain.
  3. Describe the coefficient of variation (CV) and the standard deviation (SD) in connection with risk attitudes and decision making. If you now also consider your risk-aversion attitude, as the CEO of the San Diego LLC will you make a different decision between Project A and Project B? Why or why not?

Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.

 
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International Economic Problems

Read the article: Understanding the World Trade Organization. Posted in Blackboard.

1. Describe how the GATT and WTO have helped to free international trade. Also, what has been the mechanism to accomplish that objective?

2. Explain how a multilateral trading system can help to create a stable and predictable environment and why this is important.

3. Explain the factors in favor of an open trading system based on multilaterally agreed rules.

4. What are the successes and challenges that the General Agreement of Tariffs and Trade (GATT) faced during its existence?

5. What are the temptations or possible reasons to impose protective barriers with the idea of preventing the challenge of competitive imports?

 
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Economics

Two of the main topics we studied in this economics class were opportunity cost and incentives. Choose one of the two topics below and respond to the questions.

  1. The humorist, P.J. O’Rourke, said (tongue in cheek) that if we want to stop drivers from tailgating we should weld 6” steel spikes in the center of steering wheels pointing back at the driver.
    • Why does he think this would reduce tailgating?
    • Is his analysis based on opportunity cost or incentives? Explain.
  2. Someone once said that economics tells us that disease should not be 100% eliminated from the earth.
    • Why would anyone think that disease should not be completely eliminated?
    • Is this analysis based on opportunity cost or incentives? Explain.
 
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