Managerial Economics And Strategy 3rd Edition Jeffrey M. Perloff, James A. Brander - Solutions

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Go to haveibeenpwned.com/to see if your email has been compromised. Enter an old or discarded email address and read about breaches that have exposed that account. Write down two breaches that have involved an account of yours. Also observe the list of the largest and most recent breaches.
Go to https://www.blockchain.com/explorer. What is the current price of a bitcoin? What is the latest block to be approved, and how long did it take to mine? What was its size and what was the name of its miner?
What type of safeguard is blockchain? Why?
What is the asset being protected in the Bitcoin blockchain?
Explain how asymmetric encryption is used in blockchain.
Using the Internet, find three other possible use cases for blockchain.
The first issue is the number of concession stands. Just considering the standard level of service, make a list of the advantages and disadvantages of having fewer and having many stands. Make sure your list addresses the objectives you set for your standard service process— both efficiency and
The second issue has to do with how a standard service stand operates. One option is to receive customers’ orders, dispense items, calculate cost, and make payment with one employee. A second is to have several employees in several roles accomplish the activities. A third option is to have the
A third issue is configuration of the stand. One option is the one-station stand—all activities are done at one spot. In contrast, multiple stations have the customer ordering and employee dispensing at one stand and then moving to a checkout location to calculate and pay. Again, advantages and
For each of these processes, suggest how they may be improved by non-IS means; that is, by management and by process management principles.
How well do you know the procedures for using voice-activated systems? How often do you experiment with new procedures? What is the most recent new procedure you have learned?
Look at Figure, a list of options for improving a process with IS. For three of these five provide an example of how your voice-activated system can improve a personal process. Specify the process and the measure on which you can see improvement. For example, setting an alarm may improve control;
What was the undergraduate enrollment at your school in the fall of this academic year? _________
Identify the series of activities in your new Campus Visit process. With your team create a diagram that shows a series of activities you desire for the high-tech tours. Also be clear about the objectives and KPIs of the process.
What is the value of 50 pesos in U.S. dollars today? _________
Specify data needed by each activity in the process. The data might not reside at the school; for example, you may want visiting students to find current students who went to their high school by using Twitter or some other social media platform. The data may not yet be collected; for example, you
What is the meaning of the word furtive? _________
Turn in a report on your proposed Campus Visit process. Include a diagram of the activities in the process as well as the objectives and KPIs for your process. For each activity in the process, specify the data you will need to execute that activity.
Show the most recent Twitter post of LeBron James. _________
Who spoke at Gettysburg before Lincoln gave his address? _________
Which college in California has the nickname Anteater? _________
What is the name of the closest movie house to the Empire State Building in New York City? _________
Assume that a sports equipment supplier chose SAP and is an equipment wholesaler that does not produce the equipment it sells to universities. As a wholesaler, which module in Figure 8-23 might the supplier not purchase from SAP?
Where was the computer mouse invented? _________
What are the three states other than Massachusetts with a city named Boston in them? _________
Investigate the free online classes offered by SAP. Go to https://open.sap.com/courses. Which class is the most interesting to you?
In the opening vignette, Megan and Heidi were facing cutover pressures. Based on the challenges listed in Figures 8-16 and 8-18, what are two things end users could do to help make the cutover activity less stressful?
Visit reddit’s subreddit on ERP: https://www.reddit. com/r/ERP/. What surprised you about jobs, failures, implementations, or other topics?
Use a search engine and find helpful, current sources on the best ERP Certifications. What certifications are recommended for SAP, Oracle, and one other platform?
In what ways is EPIC like the business ERP systems in this chapter, and in what ways is it not like them?
How has Epic positioned itself according to the Porter competitive strategy model?
List and briefly explain three factors that you think have led to Epic’s success.
While it is impressive that Epic has never lost a customer, is it surprising? Why or why not? List and briefly describe five to seven factors that make changing an ERP system difficult.
By all accounts, Ms. Faulkner runs Epic with tight control. As of 2019, she is also 76 years old.a. If your company was thinking about adopting Epic, would this fact influence your decision? Why or why not?b. What steps might Epic take to mitigate these concerns?
Using the Internet, investigate employment opportunities for you at Epic. Visit Epic.com, Glassdoor, LinkedIn, and any other useful sites and sources.a. Describe a job in which you might be interested.b. List five key attributes that you believe an applicant would need to obtain that job at Epic.c.
What are the objectives and KPIs for each team’s procurement process?
For the three IS listed in Figure, explain how each could be used by the university; be specific about which process each will support.
Robots are already having a significant impact on the Procurement process. In which supply chain process will drones first be used, and why?
Describe your team’s building process and its objectives. Construct a BPMN diagram of your team’s building process. Use the looker–messenger exchange as the first activity and assembling pieces as the last activity.
How did your process evolve from the first iteration of the process to the last? How did you learn to use the feedbacker? If the feedbacker is considered a simple IS, how does this IS lead to process improvement?
Vocabulary is necessary for effective communication. Did the looker, messenger, and builders use the same vocabulary to describe the building pieces?
What KPI should both firms use to assess accomplishment of the objectives identified in step 3?
Describe the data collected by Groupon. Which data should Groupon share with the spa and which should it not, and why?
Describe a service that you regularly purchase (food, exercise, hygiene, banking, software, network), and a process that a company executes (e.g., restaurant food service, bill pay process). Name three roles and three or four activities in a diagram like Figure 10-2. Specify one efficiency and one
If F2F meetings become rare, what impacts do you see on the travel industry?
Collaboration is clearly essential to kata. But what exactly is iterated, the thing that is produced by the team that generates feedback?
Were you more accurate after collaboration with teammates or before? If your score was better before, does this mean that you should have been more assertive, candid, or critical? Was there enough feedback on the team? Did someone else on your team have a better score individually than your team?
Reflect on your experience working on teams in previous classes as well as on collaborative teams in other settings, such as a campus committee. To what extent was your team collaborative? Did it involve communication and iteration? If so, how? Was critical feedback provided? How did you use
What type of process is kata: structured or dynamic?
Was your team list improved after the iteration cycle? In retrospect, did anyone suggest something that was ignored and then revealed to be better by the approved list? Why was it ignored?
This exercise requires you to experiment with Google Drive. You will need two Google accounts to complete this exercise. If you have two different email addresses, then set up two Google accounts using those addresses. Otherwise, use your school email address and set up a Google Gmail account. A
What collaboration IS can be used to support this process for the restaurant?
How would you assess trust on your team?
Collaboration objectives, as shown in Figure, include individual, team, and product objectives as well as efficiency goals. Which of these objectives were achieved, which were not, and why?
Visit Reddit and read various discussions. List three discussions that will be valuable for someone with your academic major to follow after graduation.
Practice kata. As a team, number 20 sheets of paper, turn them upside down, and shuffle them. When time begins, turn the sheets over one by one and make a pile of the same papers in numerical order. Your challenge is to do this task in less than 20 seconds. After you have completed the exercise
Visit Airbnb and create a profile. Find two listings for your favorite vacation location. Explain how features and prices listed compare to hotels in the same location.
Find out what Facebook thinks of you by examining the categories it places you in. Using your smartphone, go to settings –> account settings –> ads –> your information –> review and manage your categories –>. Examine your US politics category and Multicultural Affinity. Are
What types of users were the principal sources of Zoom’s dramatic growth in first quarter 2020? Use the Internet to obtain data beyond that in this case.
Explain how virtualization enabled AWS to meet Zoom’s monthly doubling of workload.
What reasons might have influenced Zoom’s decision not to choose Microsoft Azure or Google Cloud over Oracle Cloud?
Did the personal, family, and social use of video conferencing survive the pandemic? Did geographically dispersed friends and family continue to use video conferencing? Did Zoom use during the pandemic show consumers the way to a new communication medium that they continue to enjoy? Or was the
What video conferencing software does your university use for online education? Does it use Zoom? If not, why not? If so, why and how is it used?
What companies are Zoom’s principal competitors today? Did the Microsoft and Google products make substantial inroads in Zoom’s market share? Why or why not?
All IS have five components, describe the five components of Zoom.
Specify a collaboration project you were a part of; describe the objectives of your collaboration using Figure. How did Zoom help your team accomplish these objectives?
Should you have purchased or sold Zoom stock on May 4, 2020? Should you buy or sell Zoom stock today?
Go to Tableau.com and download the free trial visualization software. Use their training videos and example datasets to create a visualization. In your opinion, what are three features or attributes of a good visualization?
Reread the opening scenario. Do you think that CBI should sell data obtained by the scooter app to other companies? What are the limits or rules that CBI should place on their use of data from the app?
Go to Google Trends (www.google.com/trends) and enter the terms Big Data, NoSQL, MapReduce, Hadoop, and in-memory systems to see how their popularity has grown recently.
For Plantir’s application of predictive analytics, which of the three main analytic activities—acquire, analyze, or publish—is hardest and easiest for Plantir, and why?
When you order a meal at McDonald’s, that data is stored in an enterprise IS to be used by various processes. Make a list of the McDonald’s processes in which your Happy Meal purchase will appear. You may want to review the value chain processes discussed in Q2.
Which KPI changed most significantly from the first to the second run? Did you anticipate this? Are other processes with other KPIs just as subject to change with a similar minor change in information?
How can IS improve your processes? Specify one example of how IS makes your process better for each of the five methods in Figure 7-10.
Finally, how should a process work that serves the high-end customers? Again, start with objectives and KPIs. These customers have a longer-term financial connection to the university that presents new options for the calculate and pay options. Specifically, the university already has a debit or
Apply the process improvement steps to improve studying for this class. Go to Studyblue.com and create an account. This site, like others, allows students to share flashcards with other students in the same course at the same school. It should help improve your studying process. To see how this IS
Some individuals are concerned with the security and privacy of these systems and believe that they are always listening, recording, and divulging private conversations. What steps can Apple, Google, Amazon, and Microsoft take to reassure users that their privacy is not threatened by these systems?
Voice-activated systems still struggle to understand some parts of English. What are the ways your voice-activated system fails to understand your commands? Why do you think it struggles with these commands?
Ask your smartphone or digital personal assistant, “What are the ten most popular ways to use voice-activated systems?” Look at the list and write down the ways to use these systems that you are not currently doing.
Create a BPMN diagram for ordering parts, assembling, and shipping a bicycle as described in the opening vignette. Assume one central IS, and include at least 6 activities and 3 roles.
In collaboration with teammates, write down six skills that you think are most in demand in business today. Each team member writes down the same list.
One of life’s greatest gifts is to be employed doing work that you love. Reflect for a moment on a job that you would find so exciting that you could hardly wait to get to sleep on Sunday night so you could wake up and go to work on Monday.a. Describe that job. Name the industry, the type of
1. Historically, which of the four competitive strategies has Apple used for its devices?2. In the current era of digital services, which of the four competitive strategies should Apple use?3. Describe the five forces and label each force as Hi or Low for Apple’s historical device industry.4.
In discussion with teammates, identify and circle four of these skills that your team believes are most often lacking in students.
On which of these four are you capable, and on which of these are you less capable/weakest?
In discussion with teammates, decide which of these four are taught well by other classes at your school and which are not.
Using LinkedIn or Monster.com, read about a job you are interested in pursuing after graduation. Specify:a. What is the job title and description?b. What skills are required?c. What education level is required?d. What is the entry-level pay range?e. Using search on LinkedIn or Monster.com, find
Based on what you know about this class, which of the four skills can you practice in this class? How will you know that you are better at them?
The isoquant in the Mini-Case “Self-Driving Trucks” is based on two technologies. Suppose that a company develops a third technology that assists but does not replace a human driver. It uses more labor and less capital than the fully self-driving technology, but less labor and more capital than
A laundry cleans white clothes using the production function q = B + 2G, where B is the number of cups of Clorox bleach, G is the number of cups of a generic bleach that is half as potent, and q is the basketfuls of clothes that are cleaned. Draw an isoquant for one basketful of clothes. What is
In the Mini-Case “Solar Power Learning Curves,” the cost of solar power installations fell as the installed base (cumulative experience) in a given country rose. If N represents cumulative national experience, would an average cost curve AC = a + bN-r exhibit such learning by doing? Explain.
Many hospitals have regularly scheduled surgery and active emergency departments. Based on the information in the Mini-Case “Medical Economies of Scope,” could it be more cost effective to have separate emergency centers? What do you think are the reasons for these economies or diseconomies of
Now suppose that the owner of Topside Tiles in the previous question changes the manager’s compensation to a fixed share (15%) of profit: Y = 0.15π. The situation is otherwise the same as in Question 3.6. Are the interests of the owner and manager aligned or in conflict? Is there an agency
Many firms pay bonuses or make contributions to an employee’s pension fund on an annual basis but require a vesting period—often eight to ten years— during which the employee must stay with the company to obtain ownership of these assets. An employee who leaves the company before the vesting
As in Question 1.2, suppose that the production function shows that if L = 3 and K = 5 then q = 10. Is it possible that L = 3 and K = 6 yields q = 11 for this production function? Explain briefly.Question 1.2Suppose that for the function q = f(L, K), if L = 3 and K = 5 then q = 10. Is it possible
Consider a Cobb-Douglas production function q = 10L0.5K0.5. If L = 16 and K = 25, calculate output, q, the marginal product of labor, and the marginal product of capital? Use the marginal product formulas in Using Calculus “Cobb-Douglas Marginal Products.”
The Crocs production function is q = 22.7L0.88K0.48, where L is labor and K is capital. Epple, Gordon, andSieg (2010) estimated that the production function for U.S. housing is q = 1.38L0.144M0.856, where L is land and M is an aggregate of all other mobile, nonland factors, which we call materials.
Over the past 10 years, cloud storage services such as Dropbox, Google Drive, Apple’s iCloud, and Microsoft’s OneDrive have taken over computer storage. In addition, many major corporations have adopted “flatter” organizational structures, with fewer layers of middle management. At the same
Provide three examples of two-sided markets (other than the examples in the text).Three examples of two-sided markets include all of the following except A. Toyota automobiles, B. The yellow pages phone directory C. eBay D. Microsoft's Xbox video game platform.
Determine which contract Paul would prefer if Amy’s cost of normal effort is 10 instead of 0 in the spreadsheet in Q&A 15.4.Q&A 15.4.Paul wants to hire Amy to manage a shop he owns. He is considering three different payment contracts: a fixed wage of 100, a 25% profit share, and a 30%

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Managerial Economics And Strategy 3rd Edition Jeffrey M. Perloff, James A. Brander - Solutions

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