1 Briefly contrast the static and dynamic views of monopoly and the policies appropriate for each.
1. Bob’s lawn-mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $27 each. His total cost each day is $280, of which $30 is a fixed cost. He mows 10 lawns a day. What can you say about Bob’s short-run decision regarding shutdown and his long-run decision regarding exit?
1. BRIEF The assessment for this module consists of a written report: • Students are encouraged to start their project work early in the module and to develop their submission alongside their learning. Module tutors are available for consultation on project submissions and are to be treated as another resource available to students. • Students must submit all the project work (coursework) on the agreed Submission Date. Tutors will give feedback and constructive criticism on the direction of the student’s work and how it can be improved. • All submissions for review should be discussed with module tutors in allocated time slots in Week 10. However, the formal (summative) assessment will be based on the student’s final submission via Blackboard. In this coursework, students are expected to complete two tasks with equal weightage of 50%. Task A: (Weightage = 50%) The aim of this part is to enable students to understand construction project risk management system and the importance of risk management, to apply learnt knowledge of risk analysis techniques and methods to analyse risks and to encourage students to give their opinions. Key tasks involve: • Select/assume a construction project. • Provide an overview information of the project. • Identify hazards (or risks) and uncertainties associated with the project by an appropriate technology, e.g. brainstorming/checklist etc. • To analyse risks of the project and pay attention to an appropriate technology, e.g. risk matrix/cash flow/FTA/ETA etc; • To analyse outputs and give suggestions of risk reduction. • To write a formal report fully describing the project and risk management and the improvement recommended Task B: (Weightage = 50%) Identify and select a national UK construction related company and, using information readily available in the public domain (company accounts, annual reports), review the company’s recent business performance and its ability to meet the demands of the future business environment. 1. Provide an overview of the directors’ reports, the profit and loss account and the balance sheet. 2. Use the information to develop a SWOT, PESTLE, Porter’s five forces or BCG analysis. 3. Provide the following financial ratios for at least two years; Liquidity ratios (current ratio and acid test), profitability ratios (ROE, ROCE, Net profit margin and Gross profit margin), efficiency ratios (inventory turnover period, debtor days, creditor days) and funding ratios (Balance Sheet gearing, ordinary dividend cover, interest cover), investment ratios (Dividend per share and EPS). 4. Analyse the potential of Earned Value Financial Analysis as a financial control tool to improve overall Financial Reporting of various projects. 5. Provide a conclusion based on the information gained above to inform where you see the company heading in the future.
Attachments:
job-card.docx
1. Carefully considering an idea and weighing up the evidence supporting it to see if it is convincing. 2. Then being able to explain why you find the evidence convincing or unconvincing. It helps if you ask yourself a series of questions about the material you are reading. Try using these questions to help you think critically: ? Who is the author and what is their viewpoint or bias? ? Who is the audience and how does that influence the way information is presented? ? What is the main message of the text? ? What evidence has been used to support this main message? ? Is the evidence convincing; are there any counter-arguments? ? Do I agree with the text and why do I agree or disagree? Some ways to get more critical analysis into your essays Avoid unnecessary description – only include general background details and history when they add to your argument, e.g. to show a crucial cause and effect. Practice distinguishing between description (telling what happened) and analysis (judging why something happened). Interpret your evidence – explain how and why your evidence supports your point. Interpretation is an important part of critical analysis, and you should not just rely on the evidence “speaking for itself”. Be specific – avoid making sweeping generalisations or points that are difficult to support with specific evidence. It is better to be more measured and tie your argument to precise examples or case studies. Use counter-arguments to your advantage – if you find viewpoints that go against your own argument, don’t ignore them. It strengthens an argument to include an opposing viewpoint and explain why it is not as convincing as your own line of reasoning.
Attachments:
instruction.docx
1- Challenges That Face Accountants Worldwide When Conducting International Transactions
2- The main differences between GAAP and IFRS
3- Differences in accounting for contracting contracts under GAAP and IFRS
1. Conduct a competitive forces analysis of the U.S. airline industry. What does this analysis tell you about the causes of low profitability in this industry?
2. Do you think there are any strategic groups in the U.S. airline industry? If so, what might they be? How might the nature of competition vary from group to group?
3. The economic performance of the airline industry seems to be very cyclical. Why do you think this is the case?
4. Given your analysis, what strategies do you think an airline should adopt in order to improve its chances of being persistently profitable?
1. Capabilities in Chorus use epoch numbers in their Uls. Why?
2. What is the difference between a region and a segment?
3. The Chorus supervisor is machine dependent, whereas the real-time executive is machine independent. Explain.
4. Why does Chorus need system processes in addition to user processes and kernel processes?
5. What is the difference between a thread being SUSPENDED and it being STOPPED? After all, in both cases it cannot run.
1. Consider a book store in your area. What competitive frame of reference does it face? What are the implications of those frames of reference for its positioning?
1. Calculate the cost per unit of Trophies, Plaques and Medallions based on a single plantwideoverhead rate, if total overhead is allocated based on total direct costs.2. Calculate the cost per unit of Trophies, Plaques and Medallions based on departmentaloverhead rates, where forming department overhead costs are allocated based on directlabour costs of the forming department, assembly department overhead costs are allocatedbased on total direct costs of the assembly department and packaging department overheadcosts are allocated based on direct materials costs of the packaging department.3. Calculate the cost per unit of Trophies, Plaques and Medallions if Tarquin allocates overheadcosts in each department using activity-based costing.4. Explain how the disaggregation of information could improve or reduce decision quality
1. Compare your college or university to a manufacturing/ production system. What are the processes in this manufacturing system? What is the product? Who runs the processes? Who is the internal customer (the machine tool operator) in the academic job shop?
2. The classic manufacturing systems are controlled using mrp and MRP II, ERP, or other such programs for production and inventory control. Explain what these systems are and why they are called push systems.
Hi there! Click one of our representatives below and we will get back to you as soon as possible.