UKEA1023 MICROECONOMICS I

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Group Report (20%)
You have to set up a group consisting of 5 persons per group and are advised to select a group
leader. You are required to select and examine two businesses that have been established for at
least five years. You have to answer all of the questions below.
1. A
.
What is the name of the business and what product(s) or service(s) does it provide?
B. Who is the owner of the business (an individual, a family, partners, stockholders,
etc.)?
2. A
.
What inputs does the company use to produce its product or service? (While your
companies’ input usage may differ from that discussed in class, a review of your
course notes on fixed and variable inputs may be helpful here.)
B. Which of the company’s inputs are variable inputs? In other words, suppose the
company wanted to produce more or less than it had been. For which inputs could
the quantity used be easily changed in a relatively short amount of time, such as a
month?
C. Which of the company’s inputs are fixed inputs? That is, for which inputs, can the
quantity used not be changed in a relatively short amount of time?
3. A
.
Suppose the company increased the price of its product/service (or one of its
products/services if there are more than one) by about 10%. Would the quantity
purchased be expected to fall by about 10%, more than 10%, or less than 10%?
(Data on prices and sales are not requited in answering this question. You can make
predictions based on the features / characteristics of the business that have been
chosen).
B. What does your answer to part 3A imply about the elasticity of demand for the
company’s product/service? That is, is the demand for the company’s
product/service elastic, inelastic, or unit elastic?
C. What do your answers to 3A and 3B imply about what would happen to the total
revenue from sales of the product/service? That is, would it increase, decrease, or
remain the same? Explain.
4. With whom does the company compete? Be specific with real examples.
5. Does the company’s product/service differ from that of its competitors and, if so,
how?
6. Would this business be best described as a perfect competitor, a monopolistic
competitor, an oligopolist, or a monopolist? Explain.
7. A
.
How are your two businesses similar?
B. How are your two businesses different?
8. What did you learn from this assignment (economics-related or otherwise)?
Use an essay format for the written paper. Do NOT use an exam format with just question
numbers followed by answer phrases. The paper must be typed double-spaced, using a 12-point
1

font of Times New Roman and 1-inch margins. The page limit is from 10 to 12 pages. Be sure
that you have clearly answered all parts of all questions. Both content and writing style are
important in this assignment. Pay careful attention to spelling, punctuation, and sentence
structure. Students are advised to incorporate American Psychological Association (APA) mode
of referencing
 
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Managerial Accounting Cases

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Instructions:
This is a 2 part assignment for a Masters Managerial Accounting Class. the two cases will be provided and the instructions listed below for each page.
1. On the first page you will answer the questions found at the end of the case named Tough Choices: Ethical Decisions in Whistleblowing. Read the entire case an answer all seven questions found at the end of the case. Number your response to correspond to the specific question you are answering.
•       apply critical thinking skills to consider and evaluate each case to effectively formulate meaningful, relevant written communications to accounting issues.
•       analyze ethical dilemmas and discuss ethical concepts and responsible outcomes.
Apply critical thinking, well-developed response, clear and concise, and mechanics such as grammar, punctuation, and sentence structure is a must.
Be sure to follow APA format and cite the reference where needed.
2. On the second page you are to answer the questions found at the end of the case named Embezzlement at Sanchou College. Read the entire case and answer all six questions found at the end of the case (page 6). Number your response to correspond to the specific question you are answering.
•       apply critical thinking skills to consider and evaluate each case to effectively formulate meaningful, relevant written communications to accounting issues.
•       analyze ethical dilemmas and discuss ethical concepts and responsible outcomes.
Apply critical thinking, well-developed response, clear and concise, and mechanics such as grammar, punctuation, and sentence structure is a must.
Be sure to follow APA format and cite the reference where needed.

 
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Performance Measures

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Instructions:
In healthcare, the terms “balanced scorecard” and a “dashboard” are used to describe performance measurement tools that are broad in scope but summarized in a few key indicators. In this assignment, you will create a specific dashboard for an operating Week of a healthcare organization.
Tasks:
Select and describe a specific division of a larger healthcare organization, such as an emergency department, a surgical service, or a physician practice.
Locate at least three recent (within the past three years) journal articles from professional, peer-reviewed journals that discuss dashboard, balanced scorecard, and performance measurement in your chosen healthcare division.
Write a review of each article and include complete citations.
Based on the information learned, create and justify the need for four categories of measurement, such as customer satisfaction or financial performance. For each of these four categories, create three specific performance measures. For each measure, describe how it is calculated and/or where the data can be found.
Explain how the performance measures may change if the analysis is for the organization as a whole rather than a division of the organization.
Resources:
Gordon, J., & Richardson, E. (2012). Continuous improvement using balanced scorecard in healthcare. American Journal of Health Sciences, 3(3), 185-188. doi:http://dx.doi.org.southuniversity.libproxy.edmc.edu/10.19030/ajhs.v3i3.7136
Perkins, M., Grey, A., & Remmers, H. (2014). What do we really mean by “balanced scorecard”? International Journal of Productivity and Performance Management, 63(2), 148-169. Retrieved from https://search-proquest-com.southuniversity.libproxy.edmc.edu/docview/1667910740?accountid=87314
Spath, P. & Kelly, D. (2017). MHC6303: Applying quality management in healthcare: A system approach. 4th Ed. [Vital Source Bookshelf]. Health Administration Press, Chicago, Illinois

 
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FINM037: Managing Information

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Scenario
Dawn Inc. Group
Having graduated in Industrial Management, Dawn found a post with Sahar Chemicals in Saudi Arabia.
After ten years with the company, having risen to the post of project director Dawn left the company to form her own firm, specialising in dealing with oil spills at sea.
Over the years the company increased in size and also diversified, buying out a number of other companies at appropriate points of time.  At the present moment the company consists of:

  1. a) Dawn Inc- the parent company;
  2. b) Bugoff Chemical Company – production of pesticides, the chief product being Malabug;
  3. c) Maxoil – Midland’s largest petrol distributor.

Management of the parent company is concerned about the high staff turnover during recent years.  To find out about the current degree of job satisfaction among employees a study has been sponsored by the company to determine the level of job satisfaction of employees within the Group.
As part of the study, 50 employees were asked to indicate their job satisfaction in their work, in their pay and in their opportunities for promotion.  Each of the three aspects of job satisfaction was measured on a scale of 1 to 100, with larger values indicating higher degrees of satisfaction.
Data was also collected (see the following table) on the age, gender, distance from home, and the company within the Group where each employee was employed, coded B, D and M.

 
Employee		  
Age		  
Gender		  
Distance from home (miles)		  
Satisfaction Scores		  
 
Work		  
Pay		  
Promotion		 Company Type
1 26 F 6 71 49 58 D
2 17 M 8 84 53 63 M
3 19 F 12 84 74 37 D
4 29 F 2 87 66 49 M
5 31 F 7 72 59 79 M
6 32 M 4 72 37 86 D
7 18 M 22 72 57 40 B
8 20 F 5 63 48 78 D
9 30 F 1 72 76 37 D
10 22 F 3 71 25 74 B
11 27 F 7 69 47 16 M
12 33 M 11 90 56 23 M
13 19 M 4 84 28 62 B
14 28 F 3 86 37 59 D
15 24 F 6 70 38 54 B
16 38 M 2 86 72 72 D
17 17 F 16 84 60 29 D
18 17 F 3 90 62 66 B
19 32 F 5 73 56 55 D
20 26 M 6 94 60 52 D
21 27 M 1 84 42 66 B
22 24 F 4 85 56 64 B
23 23 M 4 88 55 52 M
24 22 F 10 74 70 51 M
25 27 F 8 71 45 68 B
26 29 F 2 88 49 42 B
27 37 F 16 90 27 67 D
28 28 M 4 85 89 46 M
29 29 M 2 79 59 41 M
30 18 F 3 72 60 45 B
31 19 M 5 88 36 47 B
32 19 F 1 77 60 75 B
33 35 F 6 `64 43 61 B
34 25 M 4 87 51 57 B
35 20 F 5 77 90 51 M
36 33 M 1 71 36 55 M
37 20 F 13 75 53 92 M
38 24 M 26 74 59 82 B
39 27 F 4 76 51 54 M
40 21 F 6 95 66 52 D
41 18 F 9 89 66 62 B
42 25 M 2 85 57 67 B
43 25 F 1 65 42 68 D
44 24 F 3 82 37 54 D
45 25 F 9 82 60 56 D
46 29 M 4 89 80 64 M
47 19 F 1 74 47 63 B
48 18 F 3 82 49 91 B
49 36 F 7 90 76 70 D
50 21 M 15 78 52 72 D

Task 1
 
You have been asked by management to set up a small database from scratch which will hold information on employees, the results of the survey on job satisfaction and the skills they have acquired to date.
 
Illustrate your model by showing how the entities are linked together.  Explain the purpose of the primary and foreign keys and show clearly the attributes for each of the entities.
 
Give four examples of the types of reports that could be produced using this small database, showing clearly the layout of each with data included, and specify the purpose of each. Clearly state the benefits of your reports for management decision making.
 
Task 2
 
Design an online form that will allow the capture of new and existing employee details. Typical details should include starting qualifications and skills upon entry, a history of skills and qualifications acquired during their employment etc.,
 
Your design should show clearly how employees can navigate through the dialogue, and correct any mistakes. It is important that you understand what data needs to be entered for employees and to help with this, think about what information you need to get out of the system in order to help with decision making and the smooth running of the organisation.
 
Include any validation and verification of input and justify your design. Your design should include ‘user friendly’ features.
 
Ensure you incorporate security features into your design.
 
Task 3
 
It has already been identified that the management of the parent company is concerned about the high staff turnover over the last few years. A survey was carried out and information gathered (table 1).
 
You have already carried out some preliminary analysis on this data but feel you need to gather more information regarding staff turnover.
 
Discuss what additional information you will need to gather to help identify the problem and critically discuss what fact gathering techniques you think appropriate to achieve this.
 
Task 4
 
The Head of Human Resources has identified a requirement for a report that shows, for each company, a summary of the satisfaction scores for the three categories shown in the table in Task 1 and mentioned in Task 4.  The report should also group these satisfaction scores in age groupings (18-21, 22-29, 30-39, 40+) for each company and clearly show the difference in scores between Male and Female within company. Justify your design and explain the benefits this type of report will have for management.  Use ‘dummy’ data to show clearly the layout of the report.
 
 
 
 
 
 
 
 
 

 
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