This project involves integrating all the MS applications you have learned. Select one of the topics listed belowand write a brief 3-4 page paper. Note: most of these topics are broad so you can choose to complete the assignment on just one aspect of one of these topics. For instance, for the topic Software Piracy, you might choose to discuss/research the effects of software piracy on the economy over the last 10 years, etc.

Storage Devices

Communication Devices

Information Systems

System Unit

Input Devices

System Software

Application Software

Computer Networks

Network Topologies

Intranets

Extranets

Software Piracy

Collaboration Options

Managing Database Objects

Object Linking and Embedding

Your paper must include the following required specifications:

-The paper must follow APA guidelines (See the APA link in the Webliography section of the classroom for help with this) -The paper must be typed double-spaced with one inch margins and 12-point font. -You must define/introduce the topic. -Include a separate section for each component (that is, you must include main and side headings). -State the benefits or advantages and relevance of your topic. -Use styles for the section headings, captions, body text, etc. -Include headers or footers with automatic page numbers. -Include a table of contents that is automatically generated. -Include a chart from an Excel Spreadsheet. -Include a slide from a PowerPoint presentation -Include and cite at least 5 professional sources (at least two sources must be Journal articles). Clarification 1: Do not use Wikipedia or Web sites that have undated postings with no -authors. You are strongly encouraged to use the UMUC library’s electronic databases to find current and appropriate resources. -Manage your sources using Word’s Reference tools. Note: MS Word is not quite up-to-date with the latest APA citation rules so please verify and correct after using the Word Reference tool. Keep in mind that this is only a tool to help speed the process along. -Generate your Reference (Bibliography/Work’s Cited) page using Word’s Reference tools. Please note that all sources in the Bibliography must also be cited in the body of the text. -Include a cover page with your name and the title of your paper. See sample included in this conference. -All information used must be in your own words unless using a direct quote. In other words, do not copy and paste information directly from your sources into the paper. -The paper must have a minimum of 3 pages, and a maximum of 4 pages, not including the bibliography, table of contents and cover pages. -Spelling, punctuation, grammar, etc. must be correct. -Paper Format: APA -APA 6th Edition format is required for this assignment. If you are not familiar with APA format, please familiarize yourself with APA style. Points will be deducted for failure to follow APA format. Please refer to the APA link in the course Content Area.

ECONOMICS
Order Description
MBA 540

1. (10 pts.) Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs help her make a decision?

2. (10 pts.) Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why?

3. (10 pts.) Enron will be an example of a dysfunctional company for many years to come. It was clearly a company riddled with fraud and excess and its conduct drove it into bankruptcy. The text argues that individual behavior was not at the core of Enron’s problems. What were the problems with this corporation from an organizational architecture point of view?

4. (10 pts.) For many corporations such as utility companies, a major portion of the cost of production is fixed in the short run. Should these very large fixed costs be ignored when the executives are making output and pricing decisions? Why?

5. (10pts.) Choose a real-life example of a firm that you think is part of an oligopoly market and describe the characteristics of the market structure that explain why the firm would be classified as such.

6. (10 pts.; 2 pts each) You are the manager for Dunkin Donuts and know the following elasticities:

?= 1.5 ? I = 1.2 ? xy1 = 0.5 ? xy2 = -0.5

? is the price elasticity of demand for Dunkin Donuts (DD) glazed doughnuts, ?xy1 is the cross elasticity of demand between DD glazed doughnuts and Krispy Kreme (KK) glazed doughnuts, ?xy2 is the cross elasticity of demand between DD glazed doughnuts and DD French Vanilla coffee, and ? I is the income elasticity of DD glazed doughnuts.

a) If you want to increase your sales of glazed doughnuts by 30%, in what direction and by how much do you need to change the price?
b) If you make the percentage price change that you calculated in part a) will total revenue increase or decrease? How do you know?

c) Krispy Kreme lowers its price of glazed doughnuts by 20%. The demand for Dunkin Donuts glazed doughnuts will change by what percentage and in what direction?
d) Dunkin Donuts raises the price of its French Vanilla coffee by 15%. The demand for Dunkin Donuts glazed doughnuts will change by what percentage and in what direction?
e) If average income increases by 5% by what percentage and in what direction will the demand for Dunkin Donuts glazed doughnuts change? Are DD glazed doughnuts a normal good or an inferior good and how do you know?

7. (10 pts.) Westinghouse and General Electric are competing on the newest version of clothes washer and dryer combinations. Two pricing strategies exist: price high or price low. The profit from each of the four possible combinations of decisions is given in the following payoff matrix:

Westinghouse’s price
High ($4000) Low ($2000)
General Electric’s
price High ($4000)

Low ($2000)

Payoffs in dollars of profit.
a) (2 pts.) Which strategy offers both Westinghouse and General Electric the best financial outcome?

b) (2 pts.) Does either firm have a dominant strategy? If yes, which firm and what strategy?

c) (4 pts.) The Nash equilibrium is for Westinghouse to set its price at __________ and earn a profit of __________ and for General Electric to set its price at ______________ and earn a profit of _____________.

d) (2 pts.) Why do we see that the strategy that results is not the strategy that offers both players the best financial outcome?

ECONOMICS
Order Description
MBA 540

1. (10 pts.) Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs help her make a decision?

2. (10 pts.) Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why?

3. (10 pts.) Enron will be an example of a dysfunctional company for many years to come. It was clearly a company riddled with fraud and excess and its conduct drove it into bankruptcy. The text argues that individual behavior was not at the core of Enron’s problems. What were the problems with this corporation from an organizational architecture point of view?

4. (10 pts.) For many corporations such as utility companies, a major portion of the cost of production is fixed in the short run. Should these very large fixed costs be ignored when the executives are making output and pricing decisions? Why?

5. (10pts.) Choose a real-life example of a firm that you think is part of an oligopoly market and describe the characteristics of the market structure that explain why the firm would be classified as such.

6. (10 pts.; 2 pts each) You are the manager for Dunkin Donuts and know the following elasticities:

?= 1.5 ? I = 1.2 ? xy1 = 0.5 ? xy2 = -0.5

? is the price elasticity of demand for Dunkin Donuts (DD) glazed doughnuts, ?xy1 is the cross elasticity of demand between DD glazed doughnuts and Krispy Kreme (KK) glazed doughnuts, ?xy2 is the cross elasticity of demand between DD glazed doughnuts and DD French Vanilla coffee, and ? I is the income elasticity of DD glazed doughnuts.

a) If you want to increase your sales of glazed doughnuts by 30%, in what direction and by how much do you need to change the price?
b) If you make the percentage price change that you calculated in part a) will total revenue increase or decrease? How do you know?

c) Krispy Kreme lowers its price of glazed doughnuts by 20%. The demand for Dunkin Donuts glazed doughnuts will change by what percentage and in what direction?
d) Dunkin Donuts raises the price of its French Vanilla coffee by 15%. The demand for Dunkin Donuts glazed doughnuts will change by what percentage and in what direction?
e) If average income increases by 5% by what percentage and in what direction will the demand for Dunkin Donuts glazed doughnuts change? Are DD glazed doughnuts a normal good or an inferior good and how do you know?

7. (10 pts.) Westinghouse and General Electric are competing on the newest version of clothes washer and dryer combinations. Two pricing strategies exist: price high or price low. The profit from each of the four possible combinations of decisions is given in the following payoff matrix:

Westinghouse’s price
High ($4000) Low ($2000)
General Electric’s
price High ($4000)

Low ($2000)

Payoffs in dollars of profit.
a) (2 pts.) Which strategy offers both Westinghouse and General Electric the best financial outcome?

b) (2 pts.) Does either firm have a dominant strategy? If yes, which firm and what strategy?

c) (4 pts.) The Nash equilibrium is for Westinghouse to set its price at __________ and earn a profit of __________ and for General Electric to set its price at ______________ and earn a profit of _____________.

d) (2 pts.) Why do we see that the strategy that results is not the strategy that offers both players the best financial outcome?