Essay on Managerial Economics and Business Strategy

Dr. David J. St. Clair Managerial Economics and Business Strategy 3551 #6 Answers – Summer 2012 1. What type of evidence did Dupont introduce in its plastic wrap trial that proved decisive in its acquittal? __ It brought in cross elasticities to show that there were many substitutes for plastic wrap. It then argued that the market had to be defined to include all substitutes. This broadened the definition of the market to the point where DuPont’s market share was small.___ 2. What had Alcoa done that made the judge find it guilty of being a monopoly? _ It had a market share above 90%_. Did the judge rule that Alcoa was a â€Å"dirty† firm? _ No ___ 3. Why did the verdict in the U.S. Steel†¦show more content†¦What was Brown Shoe accused of in the Kinney Shoe antitrust case? ____ vertical market foreclosure _____ 22. What was the remedy in the Brown Shoe/Kinney Shoe Case? ____ The merger was disallowed and the two firms were separated _______ 23. What does the firm have to do in a consent decree? _ stop the offending practices without admitting guilty _. What does the Justice Department agree to do in return? ___ drops the case _ 24. Why do most firms prefer a consent decree to a trial, even when they feel that they are innocent? __ the case is quickly resolved and there is no conviction that can be used to expose the firm to civil suits seeking triple damages __ 25. Are interlocking directorates illegal per se? Yes. Is price fixing illegal per se? Yes 26. Are tying contracts illegal per se? Yes Is price discrimination illegal per se? _ No 27. How can the Justice Department and the FCC respond to a notification of merger filed under the Hart-Scott-Rodino Act? (Hint: they have three options.) __1) approve; 2) deny; or 3) approve with conditions __ 28. English Common law became the basis for American Common Law. What dos the Common Law say about damages for parties injured by restraint of trade? ___ injured parties are can collect triple damages ____ 29. Which type of elasticity is often important in antitrust cases? _ cross elasticity __ 30. Why did theShow MoreRelatedManagerial Economics Business Strategy Chapter 41528 Words   |  7 PagesManagerial Economics Business Strategy Chapter 4 The Theory of Individual Behavior Michael R. Baye, Managerial Economics and Business Strategy, 6e.  ©The McGraw-Hill Companies, Inc., 2008 Overview I. Consumer Behavior Indifference Curve Analysis Consumer Preference Ordering II. Constraints The Budget Constraint Changes in Income Changes in Prices III. Consumer Equilibrium IV. Indifference Curve Analysis Demand Curves Individual Demand Market Demand Michael R. Baye, ManagerialRead MoreManagerial Economics And Management Decisions By C. M. Birch1702 Words   |  7 PagesIntroduction According to Managerial Economics and Management Decisions by C. M. 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Scholary vs Popular Media Focus on Sexuality Paper Free Essays

It’s a Quick Way to Get What You Want†: A Formative Exportation of HIV Risk Among Urban Massachusetts Men Who Have Sex with Men(MSM) Who Attend Sex Parties was an article retrieved from the AIDS Patient Care and STD Journal it was published in October of 2010. The authors of this article are Matthew J. Mimiaga, Sari L. We will write a custom essay sample on Scholary vs Popular Media Focus on Sexuality Paper or any similar topic only for you Order Now Reisner, Sean Bland, Kevin Cranston, Deborah Isenberg, Maura A. Driscoll, Rodney VanDerwarker, and Kenneth Mayer. The main focus of the research was to investigate the HIV sexual risk behaviors of MSM who reported attending and/or hosting sex parties in Massachusetts in the past 12 months. Men who have sex with men at these sex parties are at greater risk of receiving HIV or an STI due to the fact there are other factors involved like alcohol, drugs, higher mean of anonymous partners, and unprotected sex(Migiaga, 2010). This study took place at the Fenway Health a health care and research facility. There were 40 preselected participants who completed an in depth, semi structured qualitative interview and an interviewer-administered comprehensive quantitative assessment series for a hour and a half. The study/interviews were conducted by one of two trained interviewers. That asked questions like†¦ How would you define a sex party? When did you begin hosting/attending sex parties? Describe the sex parties you attended/hosted? Are condoms and lube available at these parties? What kind of sexual behaviors do men engage in and what HIV and STI risk behavior do you see happening? Do you participate or organize these parties? Any rules involved in your parties? While asking these questions they also assessed psychosocial factors like depression, anxiety, problematic alcohol used and history of drug or alcohol abuse, and the trauma history (like childhood sexual abuse). Results/conclusion of the study suggested that the men who attended these parties are at great risk of acquiring or transmitting the HIV due to the reasons explained throughout the article(Migiaga, 2010). â€Å"Party, Play—And Pay† was an article recovered from the Newsweek Journal that was published in February of 2005. This article gives a very detailed brief account of what a sex party full of men on crystal meth is like other wise known as â€Å"Party and Play†, or PnP for short. The authors describe the sex party scene as a room full of about 30 to 40 men paying 20 dollars a piece to the host of this party, they put all their belongs in hefty bags for safe keeping while they walk around in the nude having sex with multiple partners unprotected and using illegal drugs. The authors mention several factors that were putting these men at risk such as drug usage, multiple partners, and unprotected sex. They talk about how one person on meth and having hundreds of unsafe sexual encounters could have been the result in a powerful drug-resistant strain of HIV. Leaving health officials and the community leaders to take a long look on how crystal methamphetamine is playing an enormous role in the spread of the AIDS Virus and HIV(Jefferson, Breslau, Darmen, Childress, Juarez, 2005). The authors depict how crystal meth leaves its users with a euphoric and hypersexual feeling, leading in binges with multiple partners for several days. In the article, according to the Centers for Disease Control and Prevention, men that are high on crystal meth are four times more likely to engage in unprotected sex than those who are not high. The article also reveals that many men pop Viagra to counter temporary impotence. This mix of drugs makes users more open to unsafe sex, thus leading to a greater risk of contracting HIV. They concluded the article with an interview on someone who has lived the life of the â€Å"Party, Play—And Pay† and how they lost everything!  Both of these articles are referring to the great epidemic that is infecting the gay community-HIV. They talk about how behaviors like attendance of private sex parties, drug usage, sex with multiple partners, and use of unprotected sex are assisting in the growth of HIV amongst the gay community. Even though these articles are providing a lot of the same information, they are very different. The scholarly article compared to the public media article is a lot more in depth and have factual numbers that were taken from the direct study. The authors of a scholarly article seem to leave â€Å"no stone unturned† and no question unasked. The scholarly article encompasses an abstract-giving a description on the whole study which then leads to the introduction, methods used for example the design and the setting where the study took place and they how data was collected, how the candidates were chosen to participate. It also discussed how the qualitative interview was preformed and they questions that were asked, the article gave a quantitative assessment and the approach that was taken to retrieve the information, thus ending in results, conclusion and the discussion. The scholarly article provided information, numbers, percentages, and averages about the demographics, sexual behavior, and psychosocial characteristics of the men who were interviewed and surveyed in this study. It is written in a very formal tone, in great detail, displayed the authors’ findings to be displayed for other experts and students in a specific field to study and review. All of the authors who wrote on the scholarly were experts with degrees. Most of the scholarly articles found consisted of more then just one or two pages and they have specific guidelines. The authors cite their sources though out the article and they also include a list of references at the very end. Graphs and data were included. Once the study is completed and the article is written it goes through a â€Å"rigorous† peer review process (Unknown, 2009). The public media article gave an informal tone (Unknown, 2009) to the whole â€Å"HIV, drugs, gay men, and sex parties. They used information, facts, numbers, and percentages from different sources like the â€Å"Centers for Disease Control and Prevention† and other various resources instead of conducting their own control study, survey, or interviews researched amongst a trained research team. Scholarly and popular media both provide a great amount of information, just presented differently. Scholarly articles seem to provide you with a more intellectual approach(Unknown , 2009) to the topic or what you are trying to learn and can be used perfectly in an academic environment, but unlike the popular media article its just numbers, demographics, facts taken from a research and its subjects. It lacks the real stories and visual pictures of human beings and how they are being affected by this epidemic. Talking about how some people lost their jobs, homes, family, and life to the life-style that lead them to AIDS or HIV, as a result hitting a little closer to home and how it’s affecting today’s gay community and what they are doing to counter act these behaviors. Professors like to advertise scholarly and peer reviewed articles simply because it is an array of factual information written by the subject matter experts in a very formative way. Sex is something that is not formally studied often and that’s why people have many different perceptions of what sex is really like. Sometimes these perceptions can lead to a lot of misleading information. Sex can be common to some but not so common to others due to the fact there are many aspects to sex like bisexuality, homosexuality, and heterosexuality. No one knows it all when it comes to sex and this is why you should leave it to the experts. This is perhaps why scholarly articles are preferred and â€Å"hyped up† by professors. Scholarly and public media articles can be very reliable depending on the source and their credentials. Conducting this review of the differences of a scholarly/peer reviewed article and the public media had shown me the pros and cons to both types of articles. If you are looking for an article that is reliable academically and that has been reviewed by many of subject experts-scholarly articles are what you’re looking for. If you are looking for informal information with very little statistics but reliable information on the subject matter you can read a public media article. In conclusion, if you really want to know more about the subject, look up both the scholarly and in public media articles just to gather a wide assortment of information from different variable resources. How to cite Scholary vs Popular Media Focus on Sexuality Paper, Essay examples

Medical terminologies for dummies

This site is dedicated to helping dummies understand the terminologies used in medicine. It is suitable for anyone new to the field of medicine, as well as anyone with an interest of the medical language and or medical education.Advertising We will write a custom critical writing sample on Medical terminologies for dummies specifically for you for only $16.05 $11/page Learn More The authors explain that knowledge of medical terminologies will only start by knowing the system of the body and recognizing the medical words that are commonly used. They also give an explanation of the influence of Greek in medical terminologies. In addition, they give a list of the medical words that always seem hard to spell. In explaining the body’s system, the authors explain that the body is a complex system with components that work together. They give a list of terms that represent different parts that make up the body system. These include the skeletal, which re presents the bones, joints, axial skeleton and the appendicular skeleton. The other term is muscular, which represents the tendons and muscle. The other term is sensory organs, which represents the eyes, mouth, ears, nose and the skin receptors. Furthermore, there is the lymphatic system, which includes the spleen, lymph nodes, tonsils, thymus, lymph fluid and the lymphatic vessels among other systems (Henderson and Dorsey 2). A list of the common root words used in medicine is given. The site seeks to give the meaning of certain body parts. Examples of the words listed include the abdomino, which means abdomen; Adeno meaning glad; anterio meaning front; arterio meaning artery; bio, which means life; cardio, which means the heart; cyto meaning a cell, and a list of many other words. The other section gives an explanation of the medical terms that are derived from the Greek language. The website explains that the founders of modern medicine are the Greeks hence the origin of most med ical words. Examples of such words listed on the site include Semantics. This word is derived from the Greek word semantikos that refers to significant. The coccyx is a term derived from the Greek terminology cuckoo. In essence, this is similar to a cuckoo’s beak. Cardium meaning the heart is derived from the Greek word kardia. The authors also give a list of medical words that are commonly misspelled such as adolescence, alopecia, inoculate eczema, and gonorrhea among others. (Henderson and Dorsey 3).Advertising Looking for critical writing on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More This site is specifically directed to people who are completely new to the medical field and would like to understand the different terms used in medicine. Medicine is considered one of the most crucial necessities to everyone. It is an area of knowledge, and a science concerning the body system, the diseases, and ways of treatmen t. Individuals have at some time in their lives visited a hospital or has seen a doctor for one reason or the other. There are advertisements in the media like in magazines, radios, televisions and the internet. All these mediums try to explain about health and how to deal with it. They use different terminologies that are at times hard for the layman to understand. Therefore, it is important to be conversant with the different terminologies used in medicine in order to understand the human bodies and the issues that affect them. This site gives an explanation of the basic terms used in the field of medicine. In this case, I will readily introduce it to my community and my work place as a reference guide to different terms used in medicine. Works Cited Henderson, Beverley and Jennifer Dorsey. Medical terminology for dummies. 2013. Web. https://www.dummies.com/careers/medical-careers/medical-terminology/medical-terminology-for-dummies-2nd-edition/ This critical writing on Medical terminologies for dummies was written and submitted by user Ayanna Parker to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

The New, Delightful Use of Because

The New, Delightful Use of Because The New, Delightful Use of Because The New, Delightful Use of Because By Maeve Maddox The headline over a recent article (Nov. 19, 2013) by Megan Garber in The Atlantic announces, â€Å"English Has a New Preposition.† The subhead expresses implied approval: Linguists are recognizing the delightful evolution of the word â€Å"because.† Linguists may be recognizing the jocular elliptical use of because as a â€Å"delightful evolution,† but I have my suspicions that grammarians are less than enthusiastic. The word because is used to introduce reasons. As a subordinating conjunction, its job is to join a subordinate adverbial clause to a main clause: Mr. Wilson will not be at the awards ceremony because he has broken his leg. Because the weather is frightful, the annual homecoming parade has been cancelled. The phrase â€Å"because of† introduces a noun phrase or a gerund: Because of the lateness of the hour, we decided not to stop for coffee. Because of running late, we skipped our usual stop at the coffee shop. A previously existing elliptical use of because is often heard in conversation, as in this example from the OED entry: Why didnt you leave the bottle?’ ‘Because!’ I said shortly. I wasnt going to explain my feelings on the matter. Linguists have dubbed the â€Å"new† use of because the â€Å"because noun† or the because+noun.† The most popular speculation about its origin is that it began as a recurring joke on Saturday Night Live. Neal Whitman gives this example from SNL in an article called ‘Because as a Preposition†: If you ever fall off the Sears Tower, just go real limp, because maybe you’ll look like a dummy and people will try to catch you because, hey, free dummy. SNL fans adopted the joke with such variations as â€Å"If life gives you lemons, keep them, because, hey, free lemons.† Whitman explains the evolution from the â€Å"hey† construction to the â€Å"because noun† construction: Before the â€Å"hey,† we have a regular English sentence. After the â€Å"hey,† we have an extremely condensed and abbreviated thought, represented by just a noun phrase. The humor in the â€Å"free dummy† and â€Å"free lemons† sentences comes from the speaker’s assumption that all he or she needs to say is â€Å"free dummy† or â€Å"free lemons,† and naturally you, the listener can fill in all the rest. A free dummy? Heck, yeah, who wouldn’t want a free dummy? Doesn’t everybody want one?   He points out that in the 2000s, the â€Å"because-hey† construction became popular in Internet memes. Eventually the hey dropped out, leaving only the because. I think that long before the internet intruded into our lives, the â€Å"preposition+noun† construction could be overheard in millions of homes: Child: Can I stay up a little longer? Mother: No. Child: Why? Mother: Because. Child: Because why? Mother: Because, Bedtime! Whatever its origin, the â€Å"because+noun† is in wide use in the speech of young speakers. It certainly suits the spirit of the times, with its laconic, sarcastic, and irreverent tone. And, in these grammar-challenged times, it’s extremely useful, relieving one of the labor of completing a thought. The because+noun may become a feature of the language, but for the present, it is a nonstandard elliptical construction that doesn’t belong in formal writing. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:Creative Writing 101Is There a Reason â€Å"the Reason Why† Is Considered Wrong?Using "May" in a Question

Advice for Women Who Want to Become Truckers

Advice for Women Who Want to Become Truckers Everyone may tell you it’s a â€Å"man’s job,† but that’s just not true. It doesn’t have to be, anyway. And there’s such a huge demand for truck drivers now; you should absolutely take advantage of these opportunities if you’re interested and suited to them. Here are three major tips for women want to become truckers and are  trying to enter the industry.Believe in yourselfThe so-called â€Å"Confidence Gap† between men and women is well-acknowledged at this point. So many men go through the world and the workforce with this added sense of deserving what they get, particularly when they have a bit of experience or skill. Channel that. You’re probably just as qualified- if not more so- so go into the application process with that confidence. The industry will welcome you.Ask for helpYou won’t be the only woman in the trucking industry. Many brave and competent women have paved the way for you. Check in with Women in Trucking (WIT). Their website has a ton of information and resources you can rely on in your quest. You’re not alone. You have powerful allies out there just waiting to help you achieve your goals.Go where you’re most wantedYou’re going to need training. Choose a training school that has a mix of both men and women on their staff. Roadmasters Driving School is a good place to start; they’ve got several female directors running schools for them, and would be a great environment for you to study to pass your CDL (Class A Commercial Driver’s License) exam. If you chose a place that respects you, you’ll be able to take advantage of all the help that institution has to offer to help get you on your way.

Group project Essay Example | Topics and Well Written Essays - 750 words - 1

Group project - Essay Example Citigroup; is a financial organization with three segments; global wealth management, investment and corporate banking and global consumer. The company is guided by the slogan â€Å"Knowledge is your greatest asset† and the three segments work collectively to provide financial management services and portfolio management services to its customers (Fortune 500 Mission Statements. (n.d.). Its mission is to the most treasured global financial services enterprise. In conduction its business, Citigroup is guided by the following values and principles; NIKE Inc.; is an American corporation celebrated for designing, advancing, manufacturing and global marketing and selling of apparel, shoes, balls and other sporting equipment and services. The mission of the company candidly exemplifies what the company is out to achieve; â€Å"To bring inspiration and innovation to every athlete in the world† (Fortune 500 Mission Statements. (n.d.). It values culture, the environment and the opportunity to work together with stakeholders and shareholders for delivery of quality services while maintaining the happiness of all those who are connected to it. Additionally, its activities are highly interwoven to provide inclusiveness and offer its employees an environment that bolsters fulfillment of personal goals and attainment of happiness. Its core value of delivering growth in the veracious way seems to be a major factor that has enabled the company to be competitive in the market as its products not only suit the needs of the markets but also giving its employees adequate confidence (Page & Vella-Brodrick, 2009). It further perceives fairness to be an imperative part of sustainability and has always acted fairly towards its employees and its customers. The Walt Disney Company; is a multinational that operates worldwide entertainment collection of entertainment parks, studios, resorts and consumer products including

Does it matter whether or not firms pay dividends Why Essay - 1

Does it matter whether or not firms pay dividends Why - Essay Example Therefore, managers should make dividend payouts very consciously regarding the increase of dividend payouts. If they make any wrong decision regarding revised dividend payout, then they have to cancel the increase in dividend in a special announcement to the shareholders. This is substantial impact of change in dividend payout in stock price of companies as well as perceived value and goodwill of a firm. This is one of the most important and debated topic of behavioural finance. Dividend payout also signals the confidence of the companies, which directly affect the stock price. But the main fact that needs to be analysed is that whether dividend payment matters to the companies or not. This topic receives ample of arguments from investors, financial analysts etc. Three different types of views have been found over the argument on this topic. People, who are on the right site of this argument, claim that higher dividend payout generally makes the shareholders and investors better off . At the same time the people who are on the left side on this argument, believe that higher dividend payout may reduce the firm value in future. The people in the middle of the road of this argument say that change in dividend policy does not affect the firm’s value (Brealey, Myers and Allen, 2011, p.35). Irrelevance of dividend policy This topic of whether dividend payment matters the firms had sparked much debate by the financial analysts and the investors. Some individual investors argued that there is no positive or negative relationship between dividend payment and firm’s value. One of the most important theories related to this financial argument was Miller and Modigliani theory which is referred as MM theory of dividend signalling. These two researchers had published their... According to the MM hypothesis, market value of a company determines the market value of assets that the company has and cash flow of the company. Therefore, if total payout increases then shareholders have to fill up gap and generally it can be made up by issuing new shares. However, if the company wants to unchanged the dividend payout then dividend payout will decrease as no of issued share increases. Therefore, the shareholders can repurchase shares to get the same money back as dividend. In this way, it can be said that increasing dividend payment may reduce shareholders’ gain. Before the publication of MM theories, people who are in the right side of this argument believed that higher dividend leads to increase in firm value as well as shareholders’ payoffs. These people prefer to invest only those companies that pay higher dividend because they think there are some natural calamities in the stocks of higher dividend payouts. Shareholders are more cautious in thei r investments and they generally prefer profitable as well as safe investment in terms of the large multinational companies.