Business Studies

Business Studies may be defined as a combination of inter-related business subjects which lead to learning of basic knowledge and skills. It is a course in education that is designed to cover the basic elementary knowledge and skills in organizing business enterprises as well as general office administration.

Requirement planning

Requirement planning

1.) This activity is a “thought piece.” Since logistics management is such an important part of the supply chain, do you believe it is given enough emphasis? For example, do you believe that capable people are encouraged to consider a career in logistics management?

2.) Compare and contrast distribution requirements planning (DRP) with material requirements planning (MRP). How are they similar and how are they different? Also, what types of firms do you think can benefit the most from implementing DRP?

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Planning Toolkit

Planning Toolkit

Resources: Ch. 16 of Management and Appendix: The Project Planner’s Toolkit of Management and the Excel Template

Apply the concepts of the tools described in the Project Planner’s Toolkit.

Refer to the Excel Template as an example.

After studying and evaluating the components included in the Project Manager’s Toolkit, evaluate which of the tools (Gantt Chart or Flow Chart) would be most appropriate for each of the following tasks and use that tool to complete the task.

  1. Outline the steps involved in undertaking a job search and choosing a job. Include an analysis of the advantages and limitations of the tool as well as ideas for ways you can use the tool in business.
  2. Build a schedule showing the steps for planning and preparing for your vacation. Include a description of the advantages and limitations of this tool and ideas for ways you can use it in business.

Combine the charts into one Microsoft® PowerPoint® file.

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Economics paper (2 pages)

Economics paper (2 pages)

Introduction

In this paper, you will apply what you have learned in Chapter 4 to the firm or business you selected in order to see how the concepts can be applied to a business situation.

Keep in mind that throughout this course, papers are intended to bring real-world situations to the course material that we are covering each week. Part of your grade will depend on the connections you make between your chosen firm (which could include the economic environment of your chosen firm, the markets in which your chosen firm interacts with outside actors, the decisions your chosen firm makes, etc., depending on the particular question) and the material from the text.

Activity Instructions

For the particular firm/business you selected, explain how the demand for the firm’s product affects its choices regarding how much it can sell and the price that it can set for the goods it produces.

What could cause the demand for your business’ products to increase or decrease? Choose a couple of events that could affect the demand for the firm’s product and describe them. What effect would this have on the demand for the firm’s products and for the firm’s profitability? How would the firm react (what decisions would it possibly make) if those events occurred?

 

Are there any ways the firm can increase the demand for its products? What could the firm do, and why might a firm do those things? Do you see evidence that the firm you chose is doing those things?

Writing Requirements (APA format)

 

  • 2 pages (approx. 300 words per page), not including title page or references page
  • 1-inch margins
  • Double spaced
  • 12-point Times New Roman font
  • Title page with topic and name of student

Resources

Read/review the following resources for this activity:

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Exploring Monopolies and Oligopolies

Exploring Monopolies and Oligopolies

Watch this video, Oligopolies and Monopolistic Competition, to help you prepare for this week’s discussion.

Reply to these prompts by using a business with which your familiar, or a dream business you want to start:

  • With your selected business in mind, determine if it is competitive, monopolistic competitive, an oligopoly, or pure monopoly. Explain how you drew your conclusion about its market structure.
  • How does the business/firm in this industry determine the price it will charge for the products or services it sells?

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Start The Analysis of HULU

Start The Analysis of HULU

Our company is Hulu. please read below instruction and analysis Hulu.

The homework assignments are to be done individually even though you are part of the team. The intent is for ever team member to articulate in writing their personal perspective and opinion of the company. Once you complete the assignment answering from your perspective you will share this with the rest of your team. There is no “right” answer for these question. Please ensure you complete this assignment during the week no later than the night before our class meeting and share your answers with the rest of the team. This will give them a day to read and consider all view points from their peers.

The intent of this assignment is for everyone to have input on defining the companies vision, values and goals. Then the team will reach a consensus to answer the questions. If the team members have different perspectives you will have a difficult time getting things organized. Not working in synergy will result in false starts and wasted time. The sooner you all agree and work from the same perspective the quicker and easier the final project will be.

Please remember–the more concise and detailed you are–the clearer the objectives will be for the team. Do not assume that everyone in the team is working from the same definitions. Communicate in your teams.

  1. What Industry does the company participate? Remember what we discussed in class. This definition will tie directly back to the Mission of the company. The deeper you drill down to the value proposition–the more focused your strategies will be.
  2. Give a short account of the history of the company, and trace the evolution of its strategy. Try to determine whether the strategic evolution of your company is the product of intended strategies, emergent strategies, or some combination of the two.
  3. Identify the mission and major goals of the company. In your own words, what are the vision, value, and goals of the organization to create the value proposition? Your mission definition must tie back directly to the industry you are going to serve.
  4. Do a preliminary analysis of the internal strengths and weaknesses of the company and the opportunities and threats that it faces in its environment. Based on this analysis, identify the strategies that you think the company should pursue. (You will need to perform a much more detailed analysis once the group arrives at a consensus)
  5. Who is the CEO of the company? Evaluate the CEO’s leadership capabilities.

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