Jessica Alba, a famous actress, starts the baby and family products business, The Honest Company, with Christopher Gavigan. Alba and Gavigan set up their site so families can choose what kinds of non-toxic, all-natural products they’d like to use and get them in a bundle. Families can choose all kinds of products from food to hygiene necessities and cleaning supplies. Suppose they are thinking of expanding their business into five domestic markets: Phoenix, Dallas, Chicago, New York, and Atlanta. Assume their primary goal of business is to maximize economic profits, although they want to do business honestly.
Show all your calculations and process. Describe your answer for each question in three- to five-complete sentences.
a. You are a business adviser for Alba and Gavigan. Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
b. Are they likely to make economic profits initially? Can they continue to make economic profits in the long term? Why or why not? Discuss.
c. What advice would you give to Alba and Gavigan to help them make more profit in the long term?
You operate your own small building company and have decided to bid on a government contract to build a pedestrian walkway in a national park during the coming winter. The walkway is to be of standard government design and should involve no unexpected costs. Your present capacity utilization rate is moderate and allows sufficient scope to understand this contract, if you win it. You calculate your incremental costs to be $268,000 and your fully allocated costs to be $440,000. Your usual practice is to add between 60% and 80% to your incremental costs, depending on capacity utilization rate and other factors. You expect three other firms to also bid on this contract, and you have assembled the following competitor intelligence about those companies.
Issue Rival A Rival B Rival C
Capacity Utilization At full capacity Moderate Very low
Goodwill Considerations Very concerned Moderately concerned Not concerned
Production Facilities Small and inefficient plant Medium sized and efficient plant Large and very efficient plant
Previous Bidding Pattern Incremental cost plus 35-50% Full cost plus 8-12% Full cost plus 10-15%
Cost Structure Incremental costs exceed yours by about 10% Similar cost structure to yours Incremental costs 20% lower but full costs are similar to yours
Aesthetic Factors Does not like winter jobs or dirty jobs Does not like messy or inconvenient jobs Likes projects where it can show its creativity
Political Factors Decision maker is a relative of the buyer Decision maker is seeking a new job Decision maker is looking for a promotion
Show all of your calculations and processes. Describe your answers in three- to five-complete sentences.
a. What price would you bid if you must win the project?
b. What price would you bid if you want to maximize the expected value of the contribution from this contract?
c. Defend your answers with discussion, making any assumptions you feel are reasonable and/or are supported by the information provided.
Carefully review the Grading Rubric (Links to an external site.)Links to an external site. for the criteria that will be used to evaluate your assignment.
Aristotle's Theory of the Ideal State Distributed: eighteenth October, 2017 Last Edited: eighteenth October, 2017 Disclaimer: This exposition has been presented by an understudy. This isn't a case of the work composed by our expert paper authors. You can see tests of our expert work here. Any sentiments, discoveries, conclusions or proposals communicated in this material are those of the writers and don't really mirror the perspectives of UK Essays. ARISTOTLE AND HIS IDEAL STATE (384 BC - 322 BC) NAME : SHAMIKA S. TAMHANE Aristotle is one such one of a kind logician, who has made commitments to endless fields like that of material science, science, arithmetic, power, medications, theater, move and obviously governmental issues. Aristotle is known as 'Father of Political Science'. 'Polis' is 'city-state' in Greek. From this, he begat term 'Legislative issues'. He is a standout amongst the most commended political masterminds as he was the main logician who segregated theory from political science and cut out the last as an autonomous train. He presented a methodical investigation of governmental issues and expressed that legislative issues might be without morals. Aristotle was conceived in 384 BC in the Greek town of Stagira. His dad, Nicomachus was a doctor in the court of Macedonia. The two his folks are known to have kicked the bucket when Aristotle was youthful. At 17 years old, Aristotle's sister's significant other, who was his watchman, sent him to Athens for advanced education in Plato's institute. Aristotle turned out to be a model researcher and was a nearby train of Plato. Plato passed on in 347 BC. In any case, in spite of being one of the nearest educates of Plato, Aristotle did not turn into the leader of the institute as he had some significant contrasts concerning Plato's hypothesis. Aristotle remained in the foundation for around 2 decades. Following a couple of long stretches of Plato's demise, he cleared out Athens and came back to Macedonia in 338 BC. There he showed Alexander the Great and the Macedonia court compensated him liberally for his administrations. In 335 BC, Alexander succeeded his dad, Phillip II and vanquished Athens. Aristotle too came back to Athens and began his own foundation called the Lyceum. Aristotle invested the greater part of his energy composing, investigating and educating at his foundation. In 323 BC, Alexander kicked the bucket and the general population of Athens rebelled against the Macedonian run the show. Being Alexander's educator and having had associations with the decision group of Macedonia, represented a risk to his life in Athens where against Macedonian supposition was at its pinnacle. Keeping in mind the end goal to spare himself from indictment, Aristotle left Athens and went to Chalcis on the island of Euboea. Aristotle inhaled his last there in 322 BC. Aristotle encountered a considerable measure of high points and low points in the political range for the duration of his life like the fall of Sparta, the ascent and the fall of Alexander the Great and so forth. Every one of these happenings around him have influenced him and it can be reflected in the entirety of his works Presentation Populace AND TERRITORY As said in the presentation the primary material or fixing to shape a flawless or a perfect state is populace. The lawmaker has the ability to decide the number and character of natives and in this manner, the size and character of the nation. As indicated by Aristotle, "Most people believe that a state with a specific end goal to be cheerful should be huge; yet regardless of whether they are correct, they have no clue what is a substantial and what a little state. For they judge of the extent of the city by the quantity of the tenants; though they should respect not their number, but rather their capacity." (1) Hence, Aristotle was unmistakably of the sentiment that the nature of the general population which constitute the state matters, as opposed to their amount. Along these lines, more than the physical size of the populace, its character is critical. Aristotle legitimizes this by giving the case of Hippocrates who was an extraordinary doctor that he was incredible as a result of the nature of the work he did and is unquestionably more prominent than a man who is simply physically taller than him. Likewise, regardless of whether we are to figure the enormity of a state by the quantity of occupants, not every person can be incorporated into it, similar to the slaves and nonnatives. Just the individuals from the state are to be incorporated who shape a fundamental piece of it. An extremely populated state can't be very much represented, as it is hard to keep up lawfulness. As per Aristotle , there is a point of confinement to the measure of the state similarly as there is a cutoff to the extent of different things like plants and creatures as though any of these are too little or huge, they either totally lose their temperament or get ruined. Here he refers to a case of a ship. A ship, if just a range long, can't be a ship at all and the one which is a quarter mile long will in any case be a ship, yet will be terrible for cruising. Thus, if a state is too little, it won't act naturally adequate however in the event that it is too enormous it would be unequipped for having an administration that is established. Likewise, in an over-populated state, it is hard to recognize nonnatives who may exploit this circumstance and attempt and procure the privileges of the nationals. Thus, obviously the biggest populace ought to be the one which gets the job done for the reasons forever. The region of the state ought to be all-delivering, so the state has everything to need nothing, which is called adequacy. It should empower the occupants to live generously with the goal that they can appreciate relaxation. The nation ought to be reasonable for accepting foods grown from the ground and furthermore different items. The city ought to be arranged in respect both to ocean and land, with the goal that it is ensured on both the sides. Likewise, import and fare can be encouraged through water transport. Aristotle has an exceptionally unmistakable way of portraying the character of the general population of different parts of the world. As indicated by him, individuals who live in districts with chilly atmosphere and in Europe are persevering however need knowledge and ability. This is the reason they have the chance to appreciate flexibility however they have no political association. Then again, the locals of Asia are wise however they need soul, consequently they are constantly under some outside lead and are continually enslaved. Be that as it may, as indicated by Aristotle, the best is the Hellenic race which is arranged between the two locales and has the best of both the districts, i.e. the soul of the Europeans and the knowledge of the Asians. So this race is free from any remote run and is likewise very much represented. Aristotle expresses certain different things which a perfect state must have, for example, sustenance, expressions, arms and so on. It ought to have a decent measure of income with the goal that it can deal with its inside necessities and also shield itself from any outer hostility. The state ought to likewise deal with the religion of the general population so they can rehearse their individual religion bravely. The last and the most critical thing is that the expert in the state must have the ability to choose what is great and for the general population. All these previously mentioned things are fundamentally to be accommodated by the state organization as the state is anything but an insignificant total of individuals yet their association, who have met up to satisfy a typical motivation behind 'prosperity'. On the off chance that any of the above recorded things is deficient in a specific state, at that point a state can't be called completely independent. At that point it is important to outline the structure of the state in such a way, to the point that all the above capacities are satisfied. For instance, a state ought to have ranchers to deliver nourishment, craftsmen and craftsmans to advance workmanship, warriors to secure the limits of the express, the clerics to do religious practices and so on. Along these lines, it can be watched that Aristotle does not undermine the part of any individual in development of a perfect state and determines the part that every resident can play, for 'good life'. Aristotle likewise expresses the perfect area of the state. With a specific end goal to guarantee great soundness of its subjects, a state should lie towards the east. States which are secured by the north breeze have milder winter which is once more, more beneficial. Consequently, the state ought to be found with the end goal that it favors helpful organization also, in circumstances of war. There ought to be inexhaustible springs and wellsprings in the state and if there is a shortage of the same, there ought to be supplies which can store water and accommodate its natives in a condition of emergency. Aristotle lays incredible accentuation on giving unadulterated water to the natives of the state. As per him, of the five components of nature, the ones which are dependable to keep a man solid are water and air. He says that the game plan of houses in the city ought to be unpredictable in a few sections of the city, on the grounds that if every one of the houses are laid methodicallly in a straight line and in a specific example, it would be simple for outsiders to discover their way through all aspects of the town, which ought not be the situation. Henceforth, a few sections ought to be precise while some sporadic and in this way a harmony amongst security and excellence of the state ought to be all around kept up. Families, PROPERTY AND SLAVERY IN THE IDEAL STATE As indicated by Aristotle, family is the most vital and the essential social unit of the general public. It is the primary establishment of society which prepares a tyke in citizenship. Aristotle associates citizenship to a family since it educates a man division of work (financial, social and others) and gives him a feeling of comprehension of his duty towards his family and in addition towards the general public and the state. A family gives an individual, preparing for an edified life. The family unit deals with the essential prerequisites of an individual; be it materialistic, social, passionate or physical need of the individual. Accordingly, a man who lives in an all around oversaw family unit has a feeling of satisfaction and substance will add to the benefit of the general public and thusly, the state. Family, accordingly, is basic for the ethical development and improvement of a person. A state is comprised of numerous househol>GET ANSWER