Assignment 2 Managerial Economics And Globalization

Assignment Two: Operations Decisions ECO 550- Managerial Economics and Globalization Alisha Ball Dr. Agnes Denalane Strayer University Assignment 2: Operation Decisions Introduction In today’s retail food service industry there is a large demand for convenience food. People take less time to cook and with the increase of health issues related to weight management, low calorie options are becoming very popular. Consumers have become more knowledgeable, tech-savvy, and have higher incomes; all of which create a competitive atmosphere in the convenience food market. Microwavable meals have come a long way since their early days and are now considered by many to be a staple in the freezer. Low calorie options in these†¦show more content†¦E., Gould, J. P., 1966). Furthermore, the members are price takers and do not have the power to influence price changes. We now understand that perfectly competitive markets are very rare and that in reality our product exists in a different type of market. The four types of markets are: Monopoly, Oligopoly, Monopolistic competition, and perfect competition. Our company has gained enough power in the market to inf luence price and allow it to choose its own optimal price. This means that establishing an equilibrium where QD = QS does not necessarily apply. Perhaps our company has developed an innovation that makes the quality of our microwave meal much better than our competitors or we have developed a process than drastically lowers the cost of processing the ingredients for our product. Regardless of the reason, our company now has a competitive advantage and we must take advantage of it in order to become dominant in our industry. Short-Run and Long-Run Functions Going back to the four types of market structures we can now say that our company is approaching a monopolistic competition structure, in which there are still many buyers and sellers of products, but we have set ourselves apart from our competition with our innovations and there is no longer perfect substitution of products (Harris, McGuigan, Moyer, 2014, p. 352). In this type of structure a firm can earn profits, break even, or suffer losses. In the short run a new entrant into theShow MoreRelatedAssignment 1 Demand Estimator Essay695 Words   |  3 Pagesï » ¿ Assignment 1: Demand Estimation Due Week 3 and worth 200 points Imagine that you work for the maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. 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The Essence Of The Beauty Of Love - 1094 Words

Running Into Love at Unexpected Times Many people find themselves hypnotized whenever they stumble into live at unexpected times. Indeed love is one of the most spontaneous phenomena ever. One just never knows when it strikes, or even stops. Some analysts say that this is the essence of the beauty of love. While this is a widely debatable stance, you can at least learn how to respond to the spontaneity so you are not caught unawares; forewarned is foretold. I’m one of those spontaneous and unpredictable people. This makes it hard to sustain the relationships I develop. I shock my prospective partners out of my cycle with my sporadic and sometimes unreasonable reaction and effusions. I’m stirred into action by new things and have a knack for the adrenaline pumping situations. It is not a wonder, therefore, that I prefer extreme sports. My temperament, as I have alluded earlier is not exactly calm. In fact it is one volatile aspect of my personality. I don’t trust myself sometimes. 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King Lear Act 3 Questions Free Essays

King Lear Act III Study Questions Scene I 1. Kent reveals to the Gentlemen that tension between Regan’s husband (Albany) and Goneril’s husband (Cornwall) could quite possible result in a civil war. However, aside from the war, the two may be united in plotting against the murder of King Lear. We will write a custom essay sample on King Lear Act 3 Questions or any similar topic only for you Order Now The King of France is preparing to make a move against these two divided house. He may have already sent spies to their households disguised as servants. 2. The mission that Kent asks the Gentlemen to complete is to go to Dover, the place where Cordelia lives, and inform her of how insultingly he was treated by Goneril and Regan. Also, in order to make sure that Cordelia knows the message sent is from him, he instructs to the Gentlemen to also deliver his ring to her. Scene II 3. Shakespeare portrays the great emotional upheaval going on within Lear’s mind by showing us an iconic image of Lear as a white-haired man standing in the middle of a thunderstorm and literally yelling at the sky, â€Å"Blow winds and crack your cheeks! Rage, blow! † When we see this, we are able to see the extent of his troubled mind since it seems like only a deeply impacted individual would commit to such task or wish to appear as he does. The actual storm that is occurring on the outside is representative of the â€Å"storm† going on inside Lear’s mind. We see this when he talks about how upset he is with his daughters and that ungrateful children should cease to be born. 4. The comment about women that Lear makes in his speech is that â€Å"thou perjured, and thou similar of virtue, that are incestuous†¦ that under covert and convenient seeming has practiced on man’s life† (3. 2. 57-60). 5. Kent’s opinion of the storm’s ferocity is that â€Å"such bursts of horrid thunder, such groans of roaring wind and rain I never remember to have heard,† showing the intensity of the storm. . When King Lear remarks that â€Å"I am a man more sinn’d against than sinning,† it reflects his development as a human being within the play because he comes to realize that he has lost everything. He went from being the King of Britain all the way down the ladder to an indiv idual who has menial value in society. Finally, we come to see that he realizes the big mistake he made by disinheriting Cordelia from his inheritance and giving Cordelia and Regan his kingdom. He is losing so much confidence that he wants to play the part f the victim and believe that everyone is taking advantage of him, without withholding responsibility for the fact that he was the one who acted harshly when he disowned Cordelia. 7. The fool evaluates the state of Britain in his closing â€Å"prophecy† by foreshadow its dark future and when it â€Å"will come to great confusion,† when priests become corrupt, when pickpockets stop preying on large crowds, beer-makers will water down their beverages, and when â€Å"bawds and whores† build churches. However, this if kind of funny because all this is already occurring in Britain and it has already began its decline. Additionally, he predicts that Merlin will make the same prophecy in the future. Scene III 8. Upon hearing Gloucester’s request to pity the king, Regan, Goneril, and Cornwall are not pleased but also have a nonchalant attitude towards it because they’re not going to let anything convince them of bringing back their father. Their cruel and ruthless come out when they ask Gloucester not to mention Lear’s name in pain of â€Å"perpetual displeasure. They are concerned with their own well-being and do not care whatsoever for the king. 9. The information that Edmund shares with the audience after his father tells him about the â€Å"dangerous† letter is that although it is against his father’s request, he will tell the duke that Gloucester is going to see the king, which is forbidden. Also, being the selfish and deceitful person as he is , Edmund states that Gloucester will get what he wants and he will get everything that is left behind. Scene IV 0. At the beginning of the scene, we see King Lear standing out in the storm with Kent (disguised). When Kent asks him to get cover from the storm Lear states that the pain that the storm is giving him is helping him lock out the pain that his daughters, Goneril and Regan, are bringing him. 11. Edgar’s speech is filled with alliterations when he is telling King Lear about how he is being chased by the devil. He states some interesting things such as â€Å"the fould fiend follows me† (3. 4. 50. ) 12. Upon seeing Edgar emerge from the hovel disguised as poor Tom, Lear immediately assumes that he is a madman and the reason he is in this state is because of his daughters. 13. Edgar responds to Lear’s assumptions by stating that he once used to be a rich courtier who used to drink wine all the time and have women with him. 14. Lear tears off his clothes in response to seeing Edgar (disguised as Tom) with an uncovered body. It’s the first time in his life that he actually sympathizes with someone other than himself. As Lear is driven further and further into insanity, he starts to think more about humanity and the way the world perceives him. Lear has actually taken into account some of the things that Edgar says because he realized that the world doesn’t just revolve around him and that material possessions are not everything. This kind of ironic because along with being physically naked, he is also figuratively naked because he has lost all support and must face the cruelties of the world by himself. 15. Gloucester’s appearance at the hovel illustrates the parallel structure between the Lear-daughters plot and the Gloucester-sons subplot because it symbolizes his growing level of compassion for banishing Edgar, his beloved son. He regrets his actions so much that he shows pity on King Lear by giving him shelter. This is a similar development to King Lear as the abandonment of Cordelia opens his eyes to his regretful actions, wishing that he could also go back and redeem himself, just as Gloucester is attempting to do so. 6. The trait that King Lear is developing in response to his daughter’s treatment is sympathy. We see this when he sees the Fool outside of the shelter and tells him to go first, pitying his condition. Additionally, he reflects on poverty, stating that â€Å"Poor naked wretches, whereso’er you are, That bide the pelting of this pitiless storm,† showing how his eyes have been opened to the fact that there do exist people that aren’t as rich as he supposed them to be (considering that he even thought about them, which I doubt). This trait affects his status as a tragic hero because a tragic hero is always enlightened after realizing the mistake he has made. Because of this error of judgment, he develops a sympathetic trait that enhances his image is a tragic hero. Scene V 17. Edmund’s reward upon reporting Gloucester’s alleged sympathies for the King of France to the Duke is the position as the Earl of Gloucester. 18. Edmund represents his family obligations to the Duke when he talks about the treason Gloucester has committed. He basically tells the Duke that he is regretful that he has permitted his love for his family to be brushed aside because of his desire to be loyal to him. Instead of protecting his family, Edmund is more concerned with being the Earl of Gloucester. His character is such that he will do anything to get what he wants, may it be to offend someone or completely defeat them. 19. Edmund’s attitude toward the concept of loyalty is that he would put all sense of loyalty to his family aside just so he could achieve some personal gain. What this reveals about his character is that he has remained the same since the start of the play: greedy and a bastard (literally). He has no sense of morality at all as we see him continually accepting Cornwall’s request to keep misleading Gloucester. 20. The Duke promises Edmund that he will punish Gloucester for his treason and he will become the Earl of Gloucester. Scene VI 21. The imaginary event that Lear stages once he has entered the farmhouse chamber is a mock trial of Goneril and Regan. In the trial, Edgar, Kent, and the Fool server as the jurors while Lear pleads the case against his daughters. 2. During his trial, Lear accuses Goneril by stating that â€Å"she kicked the poor king her father,† basically stating that she has betrayed him. 23. Edgar fears that his true identity might be exposed because he’s showing traces of his sympathy for King Lear. The audience learns about his concerns in his aside when he states that â€Å"My tears begin to tak e his part so much, they’ll mar my counterfeiting. † The fact that the character of Tom doesn’t suit him to show so much sympathy for the king worries Edgar. 24. The news that Gloucester delivers upon his arrival is that someone is plotting to kill King Lear and that he must leave immediately. 25. Lear’s suffering impacts Edgar’s disposition cheers Edgar up. This occurs simply because of the fact that he sees someone so positioned in society as a king in a state as miserable as himself. Additionally, he points out that suffering is more bearable when it is shared with another individual. Also, since Lear is a little more humble now, he is open to conversing and relating with other people not of his status. Scene VII 6. Cornwall orders his servants to pursue Gloucester because he had helped King Lear and the Fool escape to Dover. He apprehends Gloucester at the gate of his own castle. 27. Cornwall vows to torture and inflict as much pain on Gloucester once he has been found because he’s aware that although he needs to hold a formal trial for him, he can still get away with a brutal punishment. 28. Gloucester considers Rega n’s and Cornwall’s behavior toward him inappropriate because they have treated Lear immorally and don’t have the right to punish him without a trial. However, being as cruel as they are, they find it appropriate to rip his eyeball’s out (Ouch! ) just for helping Lear. 29. The information that Regan and Cornwall demand from Gloucester is 30. The image that Gloucester evokes when he speaks to Regan is of Lear’s two daughters torturing and causing a lot of pain (both emotional and physical) towards their father. It is also a description of his coming punishment from Gloucester stating that instead of seeing Lear disrespected by his two cruel daughters, he would rather punishment or even death. These words show his absolute loyalty towards the king. 31. This image of the two sisters compares to their words of affection they uttered in the opening scene of the play in that they are completely contrasts. In the beginning, all they did was flatter their father into getting the largest possible share of his inheritance (and that foolish old man wasn’t able to recognize it. † However, in this scene we see the extent of their cruelty towards Lear. They cast him out of their castles and atop of that refuse to show any sympathy for their actions. He is shown no love and honor whereas in the first scene, it was nothing but that. 32. The servant interferes with the proceedings in Gloucester’s castle because he states that he cannot watch Cornwall commit such an atrocity towards Gloucester. This reveals his supportive character and shows us that he doesn’t let his duty as a soldier get in the way of his morals. Although it’s kind of nice to see that someone is finally standing up against Cornwall, it is sad because instead of it being his son, Edmund, it is a complete strange who realizes that what is happening is incorrect and immoral. 3. The startling news about Edmund that Gloucester learns from Goneril is that Edmund was the one who turned him in. At this point, Gloucester realizes that Edmund is a traitor and has been all along in addition to the fact that Edgar is innocent. 34. The theme that is advanced by the gouging out of Gloucester’s eyes is vision and blindness. In the first act, Glouceste r is â€Å"blinded† by anger as he listens to everything Edmund tells him and doesn’t take a step back to realize that Edgar is a loyal son. It is through the gouging of his eyes that his blindness and ignorance is represented. It’s ironic because it’s not until he loses his sight that he realizes the traitorous Edmund had tricked him. 35. What is significant about the servant’s challenging Cornwall about his treatment of Gloucester because we finally see hope of the rise of good to challenge evil. Although it is not between two major characters, it is this spark that is necessary in order to ultimately win the fight for the good and defeat all the evil characters in this play. Shakespeare probably threw this in there in order to provide a sense of hope, therefore keeping us captivated. How to cite King Lear Act 3 Questions, Essay examples

Dynamic Strategy and Disruptive Innovation

Question: Discuss about the Dynamic Strategy and Disruptive Innovation. Answer: Introduction: The main purpose of this report is to analyse the key stakeholders for Snap Inc Company and to suggest specific strategy programs for each stakeholders in Snap Inc. The organizational model is used to analyse key stakeholders and accordingly classification for groups is done in this report. The generic strategy for each of the stakeholder is also analysed in this report. Stakeholders are generally termed as the groups or any individual who may influence or can be influenced with strategic objectives or goals of the organizations. According to Freeman, there are various important stakeholders for any organization like owners, customers, suppliers, employees, competitors, government, trade unions, media, or political groups (Thor, 2016). Using generic stakeholder model of Freeman, organization model for Snap Inc can be easily prepared according to its present business conditions. Snap Inc. is American multinational company mainly deals in technology as well as social media. The company was founded in 2011 by Bobby Murphy and Evan Spiegel. Snap chat, spectacles and Bitmoji app are various major products of the company (Snap Inc, 2017). From the organization model, it is cleared that owners, customers, employees, competitors, suppliers and media are the major stakeholders for Snap Inc. It is also evident that stakeholders are the vital sources to provide all information related to customers, market and the competitors (Thor, 2016). These are also barometric measures provides motivation or attitude factors for the external and internal structure of the organizations. These also help the organizations to encourage or motivate to introduce improved products and services. Stakeholder identification: From the organization model, it has been found that there are major six important stakeholders categories for Snap Inc. The six major stakeholder categories for Snap Inc are owners, customers, employees, competitors, suppliers and media. The owners category is specified as the major stakeholder in the Snap Inc Company and gives enough idea about founder of the company that are Evan Spiegel and Bob Murphy. Both of the owners have equal 21.8% equity in the entire organization (Snap Inc, 2017). Both of the owners also shares 70% of the voting power in the entire Snap Inc Company. Evan Spiegel is the CEO and Bob Murphy is the CTO of the organization. Both are the key to perform all business operations for the organization. Customers are the major stakeholders in the company. It has been analysed that 150 million customers are its daily users and are using its various applications snap chat, spectacles and Bitmoji app to share pictures and video across the entire globe. The competitors like Apple, face book or Google are giving stiff competition to Snap Inc in the field of advertising and mobile engagement (Derak et al, 2016). The companies which incorporate with IT and traditional companies which deal in radio, television and print media sector are also giving the company a tough competition at the global market place. The employees are also playing significant role in the growth of the company and help it to achieve all its strategic objectives and goals. The Snap Inc employs the highly talented workforce that includes software engineer, product managers and designers (Salado and Nilchiani, 2013). The company also focuses to provide great working conditions and also provides significant compensation packages to its employees in order to develop innovative and creative products and services for their customers for enhancing their user experience. There are so many supplier and investors for the company who have made huge investment in the company in order to achieve maximum profits. The company receives $485,000 from the Light seed venture company. The company also gets funds from Benchmark Capital that helps the company to achieve revenues of around $68 million from that investment (Snap Inc, 2017). The Snap Inc also gets huge investment from USA based Coatue Management in order to enhance its business operations in terms of development of more innovative and user friendly products and services. The company also focuses to achieve billion dollars revenues target for the coming financial year 2017. The social media category of the stakeholder is also one of the vital factors which helps the company to achieve all its strategic objectives and also enhances overall growth of Snap Inc. The company is using both traditional and digital media aspect for advertising all its products and services which helps the company to enhance its overall user database. The company also getting stiff competition from social media giants like Face Book and Google but its app and products are more efficient and effective among most of the users (Jiang et al, 2014). The company is also using traditional media factors like radio, television and print in order to enhance its advertising features and to reach most of the customers all across the globe. The companies like LINE, Naver, Tencent or Kakao is also giving the company a tough challenge in the field of traditional media but the company focuses on aspects like partnerships, advertising, talent and engagement in order to achieve competitive advant age over all its competitors. Further, the company is also following all the federal regulations and laws of USA related to publicity rights, privacy, data protection, intellectual property, content regulation, and taxation or consumer protection. But all these regulations are affecting the overall business performance and growth of the company. The restrictions made by the foreign governments are also affecting business operations of Snap Inc (Snap Inc, 2017). There are severe chances that certain governments can block or restrict companys products that can affect usability and accessibility of products for indefinite and longer span of time. For example, the company is not able to provide snap chat services in China due to immense presence of Google in the country and due to some restrictions made by Chinese government. Stakeholder Analysis: As the Snap Inc.s most power is handled by its owners, the company will not face any competitive threat from any individual in the company. The owners are occupying 21.8% equity share in the entire organization. There is enough coordination and cooperation from other stakeholders in the company which is also helping the company in operating all business operations in effective manner (Pritchard and PMP, 2014). The actual behaviour of the owners is to become the leading and innovative technology company in the world. The owner also focuses to enhance their overall revenues by end of 2017 year. The actual behaviour is to provide user friendly and cost effective apps to customers in order to enhance their satisfaction and experience level for products and services of the company. The main objective of the owners is to enhance business operations of the company all across the globe. The owners have belief that they can able to provide best image messaging apps multimedia apps to their customers in order to share videos or images in efficient manner (Grant, 2016). The possible coalitions aimed by the owners is facing tough challenge from Apple, face Book and Google as they are also focused to enhance instant messaging and multimedia apps in order to attract more users to use their products and services. From the above, it is evident that owners are the key drivers which are operating the entire business operation for Snap Inc. The behaviour and motives adopted by the owners are significant enough to achieve all their strategic objectives and can also compete effectively with their competitors at the global level. The competition in the latest technology to develop more innovative and creative factors is affecting and giving competitive threat to snap Incs employees. The better cooperation among all the employees is also helping the company to develop new innovative products for their users (Markmann et al, 2013). The flexible working conditions and effective compensation packages for employees is also motivating and encouraging employees to enhance their actual behaviour in order to achieve all strategic objectives for Snap Inc. The main objective of all employees in Snap Inc is to develop new innovative products for their users and at the same time, also focuses to improve the quality of their existed products or apps in the market place. The highly talented employees of the company have the belief to develop more innovative and creative products than their competitive software and technology companies (Bourne, 2016). The unique working culture and performance appraisals for all the employees in equal manner are also motivating employees to perform in efficient manner to achieve all strategic objectives for their company. From the above, it is evident that employees are the key assets and stakeholders of Snap Inc that will help the company to achieve all their objectives and focuses to develop more innovative products to give their company a competitive edge over all their competitors in market place. Competitors: The Snap Inc is getting market threat from companies like Google, face book or Apple in the area of technology as well as in social media. The company has enough potential to introduce new snap tools in the market which can be more user friendly than tools of Google or Apple (Caniato et al, 2014). The companys actual behaviour is to enhance technology in its snap tools and give more satisfaction or experience to their users. The main objective of the company is to effectively deal with the competition from other big technology companies. The company also focuses to improve technology of its products and to provide more innovative tools to its customers. The company has the belief to improve its business operations on its own which is indicated from the examples where company has rejected acquisition offers from companies like Google and Face Book (Levin and Green, 2016). The company has also collaborated with some financial companies in order to enhance its investment to explore its business operations and more market share at global level. From the above, it is cleared that Snap Inc is continuously developing more innovative snap tools for its users in order to enhance their satisfaction and experience level. The competitors are also key stakeholder for company that encourages the company to perform efficiently by developing more innovative products and services. The social media platforms like face book, you tube or Instagram are big competitive threats to company as they are also developing more innovative snap tools which are continuously giving tough competition to Snap Inc. The company is also active on the social media which is its cooperative potential which has enhanced its chances to reach to more customers (Kinyua et al, 2015). The actual behaviour of the company is to develop such mobile applications for its customers which are more efficient to share videos and pictures in any part of the globe. The main objective of the company is to become leading social media company all across the globe. The company has the belief to use traditional media factors as well in order to enhance its advertising features so that can reach to maximum number of people (Pritchard and PMP, 2014). The company is using print, radio or television sources to provide their users enough knowledge about their products and services. The company also focuses on coalitions with various financial companies, advertising, talent and engagement in order to achieve all strategic objectives efficiently. From the above, it is evident that media is also one of the key stakeholder for Snap Inc. that is helping the company to achieve all its strategic objectives and goals. The company is using both digital and traditional media to enhance customers experience. This is also helping the company to get appropriate feedbacks of customers that is helping it to improve quality and technology of its mobile applications and other software. Generic programs: This stakeholder can be classified under the category of high power as well as high interest in the business operations of the company. The strategy adopted for this category is that this needs to be deal with utmost care and needs to manage more closely (Bourne, 2016). Further, offensive strategy needs to be managed for this category as this maximises their influence in the company by reducing threat factor to other stakeholders. This stakeholder can be classified under the category of high power but have low interest in business operations of the organizations. The strategy adopted for this category is that this needs to keep satisfied in order to enhance production level of the company (De Brucker et al, 2013). Further, offensive strategy is also suitable for these stakeholders as these focuses to achieve all strategic objectives and goals for the organizations and is very supportive in nature to enhance growth of entire organization. This stakeholder can be classified under the category of low power and low interest in business operations of the organizations. The strategy adopted for this category is that this needs to be monitored effectively and also requires less effort as compared to other stakeholders in the company. Further, defensive strategy is most suitable for these stakeholders as are non supportive for the company (Rothaermel, 2015). This strategy also prevents threat of competition from companies like face book, Google or Apple to Snap Inc. This strategy reinforces current belief of the company and also maintains existed programs in the company in order to achieve all strategic objectives. This stakeholder can be classified under the category of low power but have high interest in the business operations of Snap Inc. The strategy adopted for this category is that this needs to be informed on continuous basis in order to enhance marketing strategies for the company. Further, swing strategy can be more effective for this category of stakeholders (Hubbard et al, 2014). The company needs to use this stakeholders to maximise more positive impact on business operations and its growth but at the same time, also needs to focus on their threatening capacities. As this is the category which can either hinder or support in business operations and growth of the entire organization. Recommendations: The top management is responsible to determine the best suitable generic strategies for every stakeholder that depends on level of power or interest of the stakeholders. The effective communication with each stakeholder is vital for the organizations to get their feedbacks and make them satisfied to achieve all strategic objectives and goals in effective manner. The offensive strategy will be more vital for the owners as will strategically manage their power and interest at higher level in the organization. They need to be more supportive to other stakeholders in order to enhance their performance level to achieve strategic objectives effectively. The employees also need to be given more power as will help to enhance their interest level for organizational growth. The offensive strategy for these stakeholders needs to be used more effectively by giving them more power in decision making and more responsibility in the organization. The competitors need to be placed under low power or high interest category in order to inform them about all developments and innovations at the organizations. This also makes Snap Inc. to be more competitive at market place and also enhance its market share. The media should also be place under category of more power and interest in business operations of the organization. This will create effective marketing strategies and also helps the company to penetrate more market all global level. Conclusion: From the report, it is concluded that organization model helps to identify all the key stakeholders for Snap Inc. The stakeholder analysis has been done effectively to analyse the major stakeholders and their category in Snap Inc. The generic programs for each stakeholder is effectively analysed and also some recommendations for each stakeholder is also given in this report. References: Bourne, L. 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