Describe how growth in the case you selected is created from either an economy of scope or scale. Complete one post and one follow-up or reply to a classmate.

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Differences between economies of scale and economies of scope

The focus of this discussion is on understanding the differences between economies of scale and economies of scope. What are the key differences?

Use these concepts to determine whether gains from economies of scale or gains from economies of scope were the principal reason behind a merger or acquisition. Also see the help provided in the discussion preparation. Instructions Select one of the mergers and acquisitions below. Consider whether the merger/acquisition was about scope or scale economies. Sirius XM acquired Pandora. The acquisition of Credit Karma by Intuit. The merger of Strayer University and Capella University to form SEI. For your chosen case, address the following in your discussion post: Explain how economies of scale and scope differ.

Describe how growth in the case you selected is created from either an economy of scope or scale. To earn full credit for your discussion, you must complete one post and one follow-up or reply to a classmate. Make sure both the post and the reply focus on the questions asked. This course requires the use of Strayer Writing Standards.

 

What exactly is meant by a risk register? What items would you expect to find in a risk register and how are the categories in the risk register determined?

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Draft eportfolio

You are now close to submitting your draft eportfolio. Look up eportfolios from two different vendors and compare and contrast those sites with the Portfolio Tool in the classroom. What are some of the advantages of the Portfolio tool? What are some of the drawbacks? How will you overcome the drawbacks?

What exactly is meant by a risk register? What items would you expect to find in a risk register and how are the categories in the risk register determined?

 

How are they provided, in person, by telephone, by Internet? What costs, if any, are involved? What information is available to help someone with credit problems? Choose the service they would use. What factors affected your choice?

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Credit counseling services

Visit and review the websites for three to five major credit counseling services, including the National Foundation for Consumer Credit (www.nfcc.org). What services are provided?

How are they provided, in person, by telephone, by Internet? What costs, if any, are involved?

What information is available to help someone with credit problems? Choose the service they would use. What factors affected your choice?

Also review each one of the videos and add what you learned from this content.

The student should be 2-3 pages in length (title page and reference page do not count toward the written pages. Paper should be in APA format. https://nv.instructuremedia.com/fetch/QkFoYkIxc0hh. https://nv.instructuremedia.com/fetch/QkFoYkIxc0hhUVNEaEtnY01Hd3JCL0xBUUdNPS0tNjQ3OWI3OWNjZjJiM2ViYmNhYmQyODhjYjljY2MzZmQ2N2IxZDhhZA.mp4

 

What is the difference between the product cost and period cost? Give some examples for each type. What do you mean by Variable and Absorption Costing? Explain both with suitable example.

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Assignment Question(s): (Marks 15)

Q1.  What is the difference between the product cost and period cost? Give some examples for each type    [2 marks]

Q 2. What do you mean by Variable and Absorption Costing? Explain both with suitable example.     [2 marks]

Q3. In cost accounting, direct costs are easily and economically traced to cost object. On the other hand, overheads cannot be economically traced to cost object. Therefore, allocating overheads is considered as the main problem in cost accounting, whereas traditional methods such as Single plantwide factory overhead rate method and Multiple production department factory overhead rate method have been used. In addition, developed methods such as Activity based costing method (ABC) has been used to enhance the allocation of overheads to cost object.

Students are required to criticize traditional methods and explain how is ABC being applied to a manufacturing company? What are the disadvantages of the ABC method?    [2 marks]

Q4.   The AMS Manufacturing Company uses a job costing system with machine hours as the allocation base for overhead.  The company uses normal costing to develop the overhead allocation rate.  The following data are available for the latest accounting period:

Estimated fixed factory overhead cost              SAR 160,000

Estimated machine-hours                                          100,000

Actual fixed factory overhead cost incurred     SAR 170,000

Actual machine-hours used                                       110,000

Jobs worked on:

Job No.                         Machine Hours Used

1020                                   12,000

1030                                   18,000

1040                                   15,000

1050                                   10,000

  • Compute the overhead allocation rate.           [1 mark]
  • Determine the overhead allocated to job 1040.           [1 mark]

Answer:

Q5.   Karim Surf Boards makes custom boards for professional surfers.  The boards vary according to the types of materials requested by customers and the amount of direct labor required for the finishing process.

The following costs are estimated for 2021:

Number of surf boards                           3,000

Direct labor hours                                45,000

Direct material cost                   SAR 175,000

Direct labor cost                        SAR 900,000

Overhead cost                           SAR 675,000

 

During 2021 actual costs were:

Number of surfboards                            3,300

Direct labor hours                                46,300

Direct materials                         SAR 185,000

Direct labor                               SAR 850,000

Overhead                                   SAR 664,000

 

  • Explain why job costing, and not process costing, should be used for this organization.                                                                                                         [1 mark]
  • Karim uses a normal costing system. Overheard is allocated on the basis of direct labor hours.  Calculate the manufacturing cost of a surfboard that takes SAR 150 of direct materials and 36 hours of direct labor.                                                                [1 mark]

Answer:

Q6. Abdulkrim Company manufactures a product A.  The company estimates the cost function for the total costs. The cost driver is number of units.  The following  information were collected:

Month                     Units                                              Total Costs

January                     3,560                                      SAR 242,400

February                   3,800                                      SAR 252,000

March                       4,000                                      SAR 260,000

April                         3,600                                      SAR 244,000

May                          3,200                                      SAR 228,000

June                          3,040                                      SAR 221,600

Compute a cost function using the high-low method.                                                         [2 marks]

 

Q7. Ayob Company’s projected profit for the coming year is as follows:

Sales SAR 200,000 with Price per unit SAR 20, Total Variable cost SAR 120,000 with Variable cost per unit SAR 12 and fixed expenses are SAR 64,000

  • Compute the break-even point in units. [1.5 marks]
  • How many units must be sold to earn a profit of SAR 30,000? [1.5 marks]

 

 

 

Identify strategies for the CRM project implementation. Identify reasons contributing to the failure of the CRM implementation at Mashkin. Discuss the current state of CRM practice in emerging markets using the example in Russia.

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CRM in Russia

Assume you are James Williams developing a presentation on CRM in Russia for the Board of Directors of AMIR limited:

  1. Identify strategies for the CRM project implementation.
  2. Identify reasons contributing to the failure of the CRM implementation at Mashkin.
  3. Discuss the current state of CRM practice in emerging markets using the example in Russia.
  4. What additional challenges might companies in Russia face in implementing CRM projects?

 

Based on the relevant binomial distribution, answer the following questions about X, the number of American workers who say job stress caused frequent health problems: What is the probability that X is at least 15?

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Relevant binomial distribution

A survey conducted for the Northwestern National Life Insurance Company revealed that 70% of American workers say job stress caused frequent health problems. Suppose a random sample of 20 American workers is selected.

Based on the relevant binomial distribution, answer the following questions about X, the number of American workers who say job stress caused frequent health problems: What is the probability that X is at least 15? Round your answer to 3 decimal places

 

How is employee turnover both a positive and negative force on a firm? Under what conditions does it make sense for an employer to retain an employee who is being raided by a competitor?

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Organization Turnover

As we have learned about the cost of turnover on an organization and strategies to retain talent, discuss the following:

  1. How is employee turnover both a positive and negative force on a firm?
  2. Under what conditions does it make sense for an employer to retain an employee who is being raided by a competitor?
  3. What counteroffer policy would you advocate as an employer and why?
  4. Describe how an employer can avoid the holdup problem of employees leaving with firm-specific human capital?

Try to find this text if possible.Chapter 4 should have the answers to the questions:

Lazear, E. P., Gibbs M. (2015) Personnel Economics in Practice, 3rdEdition,

New York: John Wiley & Sons, Inc.

Requirements: Answer all questions fully

 

How do you think BMW integrates its various unique brands into a global effort that works for them (BMW, Rolls-Royce, and the MINI) across the world’s many global markets?

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Case Discussion Questions

  1. How do you think BMW integrates its various unique brands into a global effort that works for them (BMW, Rolls-Royce, and the MINI) across the world’s many global markets?
  1. What is your reaction to the global brand of BMW when you hear its name, think of the brand, and see BMW vehicles on the road?
  2. Rolls-Royce’s chase of perfection drives the supreme quality, exquisite hand craftsmanship, and attention to the finest detail to maintain its global position as the pinnacle luxury automobile manufacturer in the world. How do you think the Rolls-Royce brand helps, or hurts, other BMW brands globally (i.e., BMW, the MINI)?
  3. The MINI is a unique car offering in the BMW portfolio. It has long-engaged in clever solutions and distinctive designs that have enabled terrific urban driving and have catered to customers’ individual needs. Do you agree that this is the focus for the MINI, and do you think it is working as advertised globally?

 

What was the problem in the joint venture that triggered the conflict between the two companies? What were the differences of each company’s understanding of their own respective roles and responsibilities in this venture?

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Cultural negotiation

This week’s discussion will focus on cultural negotiation using the case study about Danone in China (p. 255 in the textbook).

This case is a cautionary tale of how important cultural differences are when forming strategic partnerships or joint ventures with companies from different countries.

Our content this week reflects on the impact of conflict on decision-making. As a decision-maker within your organization, it is important for you to deal with conflict in a skilled manner. Doing so can create positive outcomes and provide opportunities for improvement rather than undesirable results.

After reading the case, reflect and write your paper on the following:

  1. What was the problem in the joint venture that triggered the conflict between the two companies?
  2. What were the differences of each company’s understanding of their own respective roles and responsibilities in this venture?
  3. Did any aspect of organizational culture or national culture affect this perspective?
  4. As a leader, what are some ways you can handle conflict when it arises?

Embed course material concepts, principles, and theories, which require supporting citations along with two scholarly peer-reviewed references supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.

 

Prepare a summary for your friend of the issues that need to be considered.

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Guidelines for Written Assignments

The Scenario: One of your friends plans to return to the family alfalfa farm in central California after college and has an idea to export a compressed form of alfalfa (alfalfa pellets) to be used as high-quality animal feed. Your friend knows that you are studying international business and has asked you for guidance. Prepare a summary for your friend of the issues that need to be considered.

Instructions:

Your assignment should follow the “Guidelines for Written Assignments.” This means your submission should be a minimum of 2 pages, maximum of 3 pages. For additional criteria, please refer to the guidelines.