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White Water Rafters, Inc., (WWR) a competitor of yours, provides rafting tours on the Colorado River. WWR pays tour guides fixed salaries of $170,000 per year. You are the owner of Black Water Rafting (BWR), and you pay your tour guide salaries based on a per rafter rate of $42.50. Rafters are currently charged $50 per tour by both of the rafting companies. You both expect to provide 4,000 tours during the year. In an effort to increase their business, WWR drops its price to $40 per rafter and expects to serve 6,000 rafters, leaving your company (BWR) with the remaining 2,000 rafters. What do you do? Can you meet that price? Can you charge less than $39? (you can use qualitative and quantitative possibilities) Conceptual Connection: Using the class discussion board, describe what would you do as a defensive strategy? Why?
Which of the following statements is true regarding layoffs in unionized organizations?
Internal processes of a company contribute to the company's overall effectiveness. Identifying ways to improve internal processes helps build a highly efficient organization. Root causes need to be identified. Methods to identify root causes may requ..
Insurance companies in the state of Florida earned record profits in 2006, suggesting in light of the calm hurricane seasons (in Florida) in 2005-2007 that Nationwide's decision to cancel policies may have cost the company potential revenue and custo..
Sometimes, advertising appeals are designed to make you either feel guilty for buying products that might "hurt" the planet or appeal to your senses of helping another person. Have you ever been motivated to buy a product to "save the planet?"
A seasonal index for a monthly series is about to be calculated on the basis of the past four years' accumulation of data. the four previous July values were 110, 135, 125, and 130.
Why do so many small businesses fail before they reach their tenth year? What are the benefits of developing and writing an effective business plan? Describe how local governments and business incubators help small firms get established and grow.
Briefly summarize the three models of personality. What are the dimensions of social styles? In a five-layer behavioral model, how does the size and structure of a project determine how much influence each layer has on the software development proces..
An identification of principal schools of thought, tendencies in the academic literature, or commonalities that define the academic scholarship regarding your topic. An evaluation of the main concepts with a focus on their application to manageme..
Identify the legislation that introduced Medicare and the funding source for the program. Identify some of the changes that have occurred in the Medicare program since its inception. Describe the demographics of the population covered by Medicare and..
Research a company and write about its corporate social responsibility initiatives. For instance, a company may have standards in place such as; (1) a commitment to ethical business conduct, (2) the creation of a diverse, global workforce, (3) a dedi..
Explain what a data dictionary is, making sure to include definitions of the terms data element and record in your explanation. Provide examples of each of these terms as you include them.
Research has shown that transformational leadership can lead to a positive impact on performance and behavior. Discuss how this occurs and provide an example of a leader you have worked with who has done this successfully or who could use transformat..
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