Mrs. Acres Homemade Pies and Soft Drink

Mrs. Acres Homemade Pies and Soft Drink Joaquin Angles BUS 508 The Business Enterprise 04/23/2010 The company produces specialty pies and sells them in local supermarkets and select family restaurants. In each of the first six months, Shelly and three part time employees sold 2,000 pies for $4. 50 each, netting a profit of $1. 50 per pie. The pies were quite successful and Shelly could not keep up with demand. The company's success results from a quality product and productive employees who are motivated by incentives and who enjoy being part of a successful new business.To meet demand, Shelly expanded operations, borrowing money and increasing staff to four full-time employees. Production and sales increased to 8,000 pies per month, and profits soared to $12,000 per month. However, demand for Mrs. Acres Homemade Pies continues to accelerate beyond what Shelly can supply. She has several options: (1) maintain current production levels and raise prices; (2) expand the facility and sta ff while maintaining the current price; or (3) contract the production of the pies to a national restaurant chain, giving Shelly a percentage of profits with minimal involvement.When Shelly Acres started selling her pies, she had to find her own customers. None of the local restaurants and supermarkets knew her products, so she had to offer an affordable product to interest restaurants and supermarkets in her products. As demand increased, Shelly started producing more pies to meet this demand. At the moment, she cannot supply all the demand. A way to decrease this demand is to increase prices. She can also increase the production level to meet the demand.The first option implies that Shelly’s company is not going to grow since its current size will be maintained by keeping an artificially high price. The second solution requires Shelly to find the resources to finance the expansion of her activities. The third option leads Shelly to lose her specific know-how by providing it to the national restaurant chain. It also implies that Shelly does not own her business any longer. In economics we classify goods as â€Å"tangible† products, example might include food and drink, cars, digital televisions, flat-screen televisions, energy roducts and cricket bats! Services are sometimes known as intangibles, education and health-care are two important services and tourism, business consultancy, cleaning and home insurance are all examples of services. A soft-drink manufacturer produces several flavors of drink for example, cola, orange, and lemon. Each flavor has several versions such as regular, diet, and caffeine-free. The manufacturer operates factories in several states. You have input records that list version, flavor, yearly production in gallons, and state (for example: Regular Cola 5000 Kansas).The aim of segmentation in consumer markets is to bring the focus on to manageable groups of like-minded individuals who have a high disposition for a produc t. Coca-Cola has customers who want low cost drinks for consumption at home. It has customers who want a mixer or a non-alcoholic drink in a bar. It has customers who are hot and thirsty and want a cool refresher outside the Duomo in Florence. The same consumers may at various times join one of the segments and when they do, they will see the product in a different light and value it in a different way.In business-to-business markets the aim of segmentation is similarly to arrive at clusters of like-minded companies. There is a very strong pressure to use segmentation in business-to-business markets to win a competitive advantage as there is often little to differentiate one product from another. Segmentation therefore links strongly with a strategy to achieve a sustainable differentiated position. References: highered. mcgraw-hill. com/sites/dl/free/†¦ /ferrell_walkthrough. pdf http://www. b2binternational. com/library/whitepapers/whitepapers03. php

Sulfuric acid

The resulting copper (II) sulfate solution when cooled can easily crystallize which is in the solid form and the amount of product can be accurately measured by using electronic balance to get the mass of the The experiment is carried out to calculate the percentage crystal formed. Yield of the salt formed. The percentage yield is the percentage of purity of the product that we want and the actual yield is always less than the theoretical value as there are many factors to affect the purity Of the product such as environmental factor, systematic error, random error and others.Therefore, it is very hard to get a 100% yield throughout the experiment. Objective: To make a salt and to calculate the percentage yield of the salt. Reagents & Apparatus: 20 ml Sulfuric acid MM, g Copper (II) carbonate, Bunsen burner, Tripod stand, Gauze, White tile, Filter funnel and filter paper, Glass rod, 100 ml Glass beaker, Conical flask 250 ml Petri dish, Balance Spatula, Procedure: Stage 1 1 Add 20 ml MM sulfuric acid in a 100 ml beaker. Heat carefully on the tripod with a blue flame until nearly boiling. 2 When the acid is hot enough, turn off the Bunsen burner and stand the beaker on a white tile. Use a spatula to add small portions of copper (II) carbonate into the beaker. The reaction is exothermic, so be careful when adding the solid. Stir the mixture gently for about half a minute after each addition. 4 When all the copper (II) carbonate has been added, allow the beaker to cool slightly; meanwhile set up Stage 2. Stage 2 5 Fold a filter paper to fit into a filter funnel, and put it in the funnel. Place the funnel in the neck of a conical flask. 6 When the beaker is cool enough to hold at the top, pour the contents into the filter paper in the funnel. Gently swirl the contents to mix; allow to filter through. Rinse the beaker and pour the Lear blue solution back into it. Boil the solution until the volume is half the original volume. Cool the solution. 8 Obtain the mass off dry Petri dish; label it with your group number. Carefully pour the warm solution into the dish and leave aside for a week. 9 After one week, obtain the mass of the dry crystals. Result : 1 What was the color of copper (II) carbonate? What was the color of the solution produced after the reaction? Before reaction (Copper (II) Carbonate) After reaction (Copper (II) Sulfate) Color Green Blue 2 Describe your crystals.The crystal formed is in blue rhombic shape. 3 Mass of the dry crystals = 3. Egg Precaution steps : 1 . The position of eyes must be perpendicular to the scale of measuring cylinder to avoid parallax error. 2. Stir the mixture gently to ensure the copper(al) carbonate, is fully reacted with sulfuric acid, 3. Handle the acidic solution using gloves to avoid the acid from splitting to the hands. Discussion: 1 Calculate the theoretical yield of crystals that could have been made. + (as) (as) +(l) + (g) = ml=20 =o. Moll -0. 02 x (249. 5) = 0. Mol -?4. Egg Mass of the crystal ( ) 2 Calculate the percentage yield. Percentage yield = x 100% = x 100% = 63. 93% 3 a) Is it possible to prepare copper (II) sulfate if we start with copper (II) oxide and sulfuric acid? If so, describe the procedure. Yes, it is possible to prepare copper (II) sulfate if we start with copper(al) oxide and sulfuric acid. To prepare copper (II) sulfate , prepare of the O. MM sulfuric acid and pour portions of copper(al) oxide is added to the beaker until excess. Stir the mixture and pour into the filter funnel.The filtrate is then heated until the illume becomes half and cools the solution to crystallize. The crystal which is copper (II) sulfate will be formed. The crystal is then rinsed with water and dried with filter paper. B) Is it possible to prepare copper (II) sulfate if we start with copper metal and sulfuric acid? If so, describe the procedure. No, because the position of copper ion is lower than hydrogen ion in electrochemical series . Hence, it doesn't react with acid. Concl usion: As the conclusion, it shows that salt can be made by reacting acid with metal carbonate together.

A monopoly from start to finish Essay Example for Free

A monopoly from start to finish Essay ? During out studies this term we have learned a lot about a Monopolistic way a company is able to maneuver in the business market and I would like to refresh your mind by offering a clear definition. A Monopoly is a situation in which an entity, either an individual or an industry or organization, is the sole supplier of a particular good or service. As such, this supplier has no competition from other suppliers and is able to control the market value of the commodity. Some monopolies are government-enforced or controlled, while others form naturally or through company merger. According to our focus of this paper, we are asking about the long-run competitive equilibrium of the Wonks Company that was earning a normal rate of return and were competing in a monopolistically competitive market structure. One of the questions we must answer regarding this change in business structure is how the company’s shift to a monopoly will benefit the stakeholders involved. One of the stakeholders who may be involved is the government. Monopolies sanctioned by the government are called legal monopolies. These are considered coercive monopolies, meaning that other companies are forbidden by law to compete against them. Governments also maintain some control over monopolies through competition laws, which prevent monopolies from engaging in unscrupulous or anti-competitive practices (http://www. reference. com/motif/Society/advantages-disadvantages-of-monopolies). The second question is how a Monopoly will affect other businesses and after research it is quite obvious from the definition of a monopoly that other companies do not have to worry about competition from other companies in the same market. Consumers are affected by this change because they must either purchase the product or service from the monopoly or do without it. When a company transitions from a monopolistically competitive firm to a monopoly, there will be changes with regard to prices and output from both of these market structures. So, let’s take a closer look at how prices are affected when a firm becomes a monopoly. A common practice among some monopolies is price discrimination, in which the monopolist charges some segments of the population more than others for the same product or service, based on a higher need or a wealthier consumer base. This would usually be called price fixing which is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. When the monopoly is able to prevent buyers from reselling their product, they may be able to price discriminate to accentuate the effects of monopoly power. In my opinion the most important group that is affected by a Monopoly are the consumers. Monopolies can impact consumer prices in two obviously different ways, they can cause prices to drop so low that it forces companies out of business or it an cause prices to skyrocket making it difficult for consumers to purchase a product, neither being a good option for the consumer. If one business is the only provider of a product or service, the consumer is forced to pay whatever the price they demand. This can also lead to the company providing a low quality product or service without fear of losing business (Home, 2009). Since monopolies are the only provider, they can set pretty much any price they choose, regardless of demand, because they know the consumer has no choice. Is this sort of thing fair to consumers? Of course not, but it is how big business is able to stay on top of the market. For example, most people find that Apple products have an outrageous price tag, but I have come to learn that the quality of their products is outstanding and I estimate that Apple will continue to rise in popularity for years to come. It has also come to my attention that because Monopolies try to monitor the price of products they may resort to price discrimination. Price discrimination is sometimes defined as the practice of a firm selling a homogeneous commodity at the same time to different purchasers at different prices . Of course, I believe it is important to understand what and how price discrimination occurs. â€Å"Price discrimination exists when two similar products which have the same marginal cost to produce are sold by a firm at different prices. This sort of practice is highly controversial in terms of its impact on both consumers and rivals† (Price Discrimination, 2006, p. 1). There are many ways to accomplish these sort of conditions because the transactions surely need not be simultaneous; indeed, there is temporal discrimination, such as between Sunday rates and week, day rates, matinee and evening prices, peak rates and off-peak rates, season and off-season prices. To sell different qualities or products with different marginal cost at the same price, or to buy different qualities or factors of different efficiency at the same price, is also discriminatory. Based on all of this useful information we must also answer the question regarding which market structure is more beneficial for Wonks to operate in and will this market structure benefit consumers? In my opinion it is based on the level of quality and service of the products and how much consumers are willing to pay for the products they want to purchase. In a monopolistic competitive market the consumer may choose to purchase a substitute product for a lower price, but only if the consumer values price over value. Of course with a monopoly there may be only a few companies offering a substitute product. If one company’s product becomes too high in price, the consumer will eventually look for another brand that offers similar use. According to economist, the monopolistic competitor’s demand curve is less elastic than a pure competitor and more elastic than a pure monopolist. Monopolistic competitors have excess capacity which means that fewer companies operating at capacity could supply the industry output. It is my opinion that Wonks might operate more beneficially as a Monopoly than at a Monopolistic Competitive firm because they will not have as much competition to deal with and they can corner the market with value and price. Resources: 1. McChesney, F. S. , Shughart II, W. F. , & Haddock, D. D. (2004). ON THE INTERNAL CONTRADICTIONS OF THE LAW OF ONE PRICE. Economic Inquiry, 42(4), 706-716. doi:10. 1093/ei/cbh091 2. Mainwaring, L. L. (1977). MONOPOLY POWER, INCOME DISTRIBUTION AND PRICE DETERMINATION. Kyklos, 30(4), 674. 3. https://www. fcsknowledgecenter. com/uploads/2011_Row_Crops_Industry_Perspective. pdf 4. http://academic. udayton. edu/lawrenceulrich/Stakeholder%20Theory. pdf 5. http://www. answers. com/topic/mergers-and-acquisitions 6. http://www. helium. com/items/1405663-what-is-a-monopoly-what-do-monopolies-do-how-is-the-economy-affected-by-monopolies 7. Case, K. E. , Fair, R. C. , and Oster, S. E. (2009) Principles of Microeconomics (9th ed). Upper Saddle River, New Jersey: Pearson Prentice Hall. A monopoly from start to finish. (2017, Apr 30).

Argumentative Essay Example | Topics and Well Written Essays - 750 words

Argumentative - Essay Example This retributive justice was carried out in a public square where other citizens could witness the agonies of the accused before his or her death. Today, many nations, including the United States, still allow for the death penalty even though there are many human-rights organizations which still assert that the death penalty is not the right way of dealing with extreme crimes. Thesis Statement: The reality is that in the absence of a totally fool-proof system of justice in the nations that have allowed for the death penalty, there is the ever present risk of putting innocent suspects to death. In any case, the point of justice should not be to revenge on behalf of society but to force the criminal to understand the errors of his or her ways. There are different reasons why the death penalty should be abolished. Some of these include: Executions cost more where taxpayers are concerned than even life imprisonment: The reality is that it is more expensive for tax payers to execute crimi nals than maintain them in life imprisonment. According to a study conducted in 2011, the state of California alone has spent approximately $4 billion on executing death row prisoners since the reinstatement of the death penalty in 1978 (Death Penalty Focus). ... The cases also take long because there may be many appeals because a human being’s life is in danger (Banner 136). Such cases could even last for years; thus resulting in a lot of expense. The use of Capital Punishment has no Dissuasive Effect: According to Baldwin, the use of the death penalty does not really stop identical crimes such as were committed by the accused from being committed again (Baldwin 57). In many nations, the main crime which often results in the death penalty is the murder of another human being. Moreover, scheming people who actually plan on committing murder cannot be convinced not to commit murder due to the possibility of being murdered themselves; but have to be in possession of the mental deterrence not to be criminals. Also, it is not always convicted criminals who plan on committing murder. In many cases, individuals who kill others do so in the heat of the moment; at a time when the thought of a death penalty is not in their minds. There are othe rs who will kill because they have a serious mental disorder or imbalance. For these individuals, the existence of the death penalty does not have the power to change their actions before they commit murder. Innocent People are often Wrongly Executed: According to the Death Penalty Focus online periodical, the re-enactment of the death penalty in the United States alone, which took place in the 70s, has resulted in the execution of hundreds of innocent people (Death Penalty Focus). While this has resulted in the death penalty becoming ever more controversial, it has not stopped different states from still practicing it. Some of the more common examples are those of men such as Cameron Todd Willingham. Willingham was wrongly accused of murdering his three small

Business Performance Indicator Systems Essay Example | Topics and Well Written Essays - 1000 words

Business Performance Indicator Systems - Essay Example As the discussion stresses  a common business performance indicator system helps businesses to set target periodically and provide feedback to managers on progress towards those goals. The business performance Indicators are developed for all levels in an organization because they monitor progress with respect to all the activities, inputs, outputs, goals, targets and outcomes.This essay discusses that developing the indicators to monitor the outcomes allow managers to assess the degree at which the intended outcomes are achieved. Therefore business performance indicator development is a core activity and requires data collection, analysis and reporting in order to create effective indicators. Business performance indicator systems consist of different types of indicators that are used for measuring different areas. For instance, the financial indicators are used to measure the financial performance of the company. These include premium growth, claim’s ratio and profit.  I n order to improve the performance of the company, the senior management always set certain performance indicators that help in measuring and improving the performance. As mentioned above these indicators that are set to measure the activities, inputs, outputs, outcomes and goals of the company, provide very important feedback to the management system.  They help managers in identifying those parts of the company that may not be achieving its results as planned.

Essay about globalization Example | Topics and Well Written Essays - 250 words

About globalization - Essay Example Where there is a wide range of positive effects of globalization, a variety of negative effects also exist, particularly on the local culture. Globalization has negative effects on culture in many aspects, but the greatly affected ones are food, traditions, and social values. According to The Levin Institute report (n.d), globalization has encouraged production and distribution of goods and services to people generating an access to products that were otherwise difficult to get. However, such transition has affected the viability of locally made products as well as those who manufacture them. The exposure to foreign cultural goods frequently brings about changes in local culture, values and traditions of Qatar. People of Qatar are greatly persuaded by the expansion of trade in cultural products as they are exposed to foreign cultures. In other words, gradually, foreign culture is percolating into the traditional culture of Qatar which has changed the local culture, values and traditions as a result people are undermining their own cultural identity. Due to globalization, a transition is observed in celebration of local festivals- Eid, Ramadan, Art festival where local artists display their talents. People of Qatar are greatly influenced by foreign culture and introduced celebration of some festivals such as mother’s day in a grand manner which was actually not the part of Qatar tradition. Thus, a drift is observed in local tradition and festivals as these are considered to be old fashioned, in fact, inclination and adaptation to foreign culture is

Strategic Issues in the United Kingdom (UK) Essay

Strategic Issues in the United Kingdom (UK) - Essay Example This means that the questions are meant to address the issue pertaining the dynamism in the brewing sector as well as the implications of the maturity stage. They should neither be vague nor ambiguous. Secondly, the research questions should be very specific; this means that they should focus on a narrow topic that will help facilitate achievement of results that are reliable and can be used to solve a real world problem. Thirdly, the research question should present the purpose why the research is to be conducted; in this case it is clear that the effects of the research will help find a way forward on the brewing industry in the United Kingdom. Fourthly, the research question should present a realistic situation that is capable of being addressed in the research. Even if the research were to be funded, one will find the conviction to do so as it is clear from the research question. Finally, the scope of the research question should be within the testable range of the variables. Que stion 3 Requirement for primary data There should be a requirement for collection of primary data. In the case scenario of the brewing sector, the reports by the UK Monopolies & Mergers Commission will provide very useful information in elucidating the provisions of the law and the trends in the sector. Other primary information required include the legislations, regulations, policies, contracts, and other first-hand information that may be beneficial for the research. Question 4 Structure of the methodology Firstly, the problem under research is identified. The trends in the brewing industry have demonstrated a lot of dynamism. The problem comes in when one desires to know the sources of the dynamic changes as well as the best way to resolve them using the most appropriate strategies. After problem identification, secondly, gathering of information about the problem by the researcher is done by interviewing the commissioners of the UK Monopolies & Mergers Commission and getting inf ormation from books, magazines, newspapers among other available documents. Thirdly, the development of a concrete problem statement is done. The statements that have been developed are objective, testable and purpose driven hence making the research have a sense of direction. Fourthly, the hypotheses are formulated, for example in the case scenario we can make an hypothesis such as, ‘the UK Monopolies & Mergers Commission is the major contributor to the changes and instability in the brewing sector’ Fifthly, The hypothesis is tested and if the data supports it then relevant conclusions are made. After the analysis of the available data collected from various sources, conclusions are made. A lot of work is required in the collection of data so that authentic and comparable data is realized. Question 5 Timelines for the project The initial processes are more theoretical hence require little time. Developing the problem comes automatically because the research looks at pr oviding a solution to a trending issue; in this case we are establishing what is ailing the brewing sector. A review of literature helps develop the research questions. Composing the research question is a simple process that is devoid of many processes. All this can be done within a period of three days. Further to this, the most daunting task is the collection of facts from the ground about the

Literature Review to prove that Housing the Homeless is Cheaper than Essay

Literature Review to prove that Housing the Homeless is Cheaper than Leaving Them on The Streets - Essay Example However, counties and cities affiliated with a campaign identified as the 100,000 Homes movement have so far succeeded to take 80,000 of the families off the streets. Regional governments and NGOs do most of the job. (Portal.hud.gov, 2014)The money they use is mostly gotten from existing private donations and federal programs, and there is proof that this method saves taxpayer funds. A former prison in Colorado was recently converted into a homeless shelter. This move is not only benefit to the homeless but also to the taxpayer, as well. (Portal.hud.gov, 2014) In southeastern Colorado, the Fort Lyon Correctional Facility had housed prisoners until it was closed down in 2011 due to budget cuts. (Affairs, 2014) It stayed dormant for two years as the lawmakers debated on how the building was to be used (Portal.hud.gov, 2014). They decided on the creation of a $3.9 million project to reopen the Facility as a homeless shelter that would house 200 people majority of who were veterans. Although many conservatives may balk at the cost an urban-focused media outlet, Next City, makes and excellent and valid point. Even when not considering factors such as humane treatment and dignity, it is by far cheaper for taxpayers to shelter homeless people than to leave them out on the streets. Approximately 60% of the homeless people are drug and alcohol addicts while about 30% suf fer from very serious medical conditions. (Portal.hud.gov, 2014)Due to these increased medical conditions it is evident that leaving them in the streets is more dangerous as chances of contracting diseases is higher compared to them being in a shelter. (Cbsnews.com, 2014) More evidence to support this theory comes from the county of Los Angeles. Researchers concluded a comprehensive evaluation of a years-long campaign to shelter members of Los Angeles’ chronic homeless population dubbed Project 50. (Cbsnews.com, 2014) The program cost

Sociology Essay Example | Topics and Well Written Essays - 750 words - 7

Sociology - Essay Example Urged by his therapist to see his son, Bree and Toby then went on a journey that saw the development of their relationship, first, from being based into a mutual respect then into a father and son’s. Clearly, TransAmerica primary theme is that of self-discovery. For example, Bree’s character is full of contradiction and that he has difficulty in making decisions for his life. This is not surprising given that he is quite unusual for being transsexual and that he is forced to deal with conflicting and antagonistic social messages. He has also a very conservative mindset and, interestingly, along with his positive attitude, this has helped him get over his own crises. We have an entirely different and almost opposite character in Toby. He lacks moral and emotional capacities but he is matured and knows what he wants for his future. In a way, Bree’s and Toby’s characterization were complex that everyone in the audience could identify with an aspect of their personality. The movie was unique not simply for its entertainment value but, most importantly, for its social relevance. The Dreams of Sparrows is a documentary about Iraq by Iraqi filmmaker Hayder Daffar. The backdrop of this film is the post-Saddam era, and that it aims to document what the war has brought to Iraq as a country and to its people. Daffar’s attempt at searching for the truth in the film takes us with him as he cover all walks of life in Iraq, starting off with the arts and culture of Baghdad where we encounter Iraqi painters, writers and filmmakers and we learn their perspectives and point of views. As the film continues, the interviews proceed on discussing the politics of occupation as well as the Iraqi resistance. It concluded with the battle over Falluja and the devastating death of one of the crew members of the documentary. Interestingly, at the end of the film the filmmakers did a series of self interviews which was made