Eco 401 Idea solution

Assignment No.01 Marks: 20

Question:

Suppose the market demand and market supply for Levis jeans is given by the following equations:

Qd = 5000 – 2.5P

Qs = 4000 + 1.5P

A. Find quantity demanded when price is Rs. 250, Rs. 450 and Rs. 650.

Quantity demand is found by putting the values of P in quantity demand equation.

1. When the price is Rs.250

Qd = 5000 – 2.5P

Qd = 5000 – 2.5(250)

Qd = 4375 units

2. When price is Rs.450

Qd = 5000 – 2.5P

Qd = 5000 – 2.5(450)

Qd = 3875 units

3. When price is Rs.650

Qd = 5000 – 2.5P

Qd = 5000 – 2.5(650)

Qd = 3375 units

B. Find quantity supplied when price is Rs. 200, Rs. 400 and Rs. 600.

Quantity supplied is found by putting the values of P in quantity supplied equation.

1. When the price is Rs.200

Qs = 4000 + 1.5P

Qs = 4000 + 1.5(200)

Qs = 4300 units

2. When price is Rs.400

Qs = 4000 + 1.5P

Qs = 4000 + 1.5(400)

Qs = 4600 units

3. When price is Rs.600

Qs = 4000 + 1.5P

Qs = 4000 + 1.5(600)

Qs = 4900 units

C. Find equilibrium price and equilibrium quantity with the help of above equations.

The equilibrium price for Levis jeans is found by equating Qd and Qs.

At equilibrium, the quantity demand and quantity supply must equal

Qd=Qs

5000 – 2.5P= 4000 + 1.5P

5000-4000=1.5P+2.5P

1000=4P

P=1000/4=250Rs.

Equilibrium price =Rs.250

Equilibrium quantity can found by putting this price in equation of quantity demand or quantity supply

Qs = 4000 + 1.5P

Qs = 4000 + 1.5(250)

Qs = 4375 units

Note:

At equilibrium, at equilibrium, the quantity demand and quantity supply must equal

Qd=Qs

Equilibrium price at 250

5000 – 2.5(250) = 4000 + 1.5(250)

4375 units=4375 units

D. Show the equilibrium condition in Levis jeans market graphically.

MKT630 Assignment Solution

1. What kind of difficulties would the Vermont Teddy Bear meet if it were to

Internationalize its business?

The difficulties that can be faced by the company to go in international market is

1. Size

2. Financial resources,

3. The nature and power of the competition,

4. The nature of the product or service itself

5. The timing of the move relative to competitors should be considered.

The company’s major area of expertise is logistic and operations so in order to penetrate in the foreign market company must understand the difficulties and they challenges they have to face in the international market first of all they have to see if the size of geographical area they going to expand. How are they going to cover this area how the market segmentation will take place in order to be efficient? Then the financial resources required to carry out such kind of operations how they are going to arrange the finances either collaboration with other companies or the sole investment will take place. Loans, equity providing firms are also one of the options. Now as they were not be the only company in that region there must be competition which will prevail in the market. They have to see if the market and competition is strong enough or the weak what will be their deficiencies and what are their strengths and how they are going to compete with existing companies. Also they have to analyze the power of their product if it is generally acceptable in that market or they have trends for these kinds of things. If it is not socially appreciated or adopted then that market will be totally useless they must have trend for the services the company is providing. Last but not the least they have to see if their competitor is not thinking the same think as of them. They have to consider the idea will be the unique and they will be the one who are going to introduce it in the market so they can get a good response. Because if they are not the one to introduce it then their competitor will get the benefits which they have to reap and ultimately become the competitor.

2. How should the company penetrate the foreign markets? Justify your selection.

1. by internet?

2. by physical stores?

3. by a combination of two?

4. by other means?

The answer to this question is kind of a difficult one but according to knowledge we have the following strategy will be best to adopt. First the company has to go by

Indirect Approach:

In indirect approach they have a wide range of selection how they have to do the following

Piggybacking:

Piggybacking is the procedure in which one company uses the other already established company which is already offering services in that area and has all the resources and contacts. And by using their already established resources they can introduce their own products. E.g. small courier companies like OCS uses big companies like TNT, FedEx for their international parcel services also sometimes have arrangements with local courier companies of native countries to deliver the parcels and products.

So by this method they can get to the international market. And by the passage of time when they have enough response from the market then they can go towards

Direct Approach:

In Direct Approach they first use internet then they can make their own stores in the region.

First they advertise properly with the indirect approach i.e.; piggybacking so people got to know that who is the real company and which company is providing the services only. When they get the enough response from market and through internet ads they get the recognition, they must go towards physical stores so people can be diverted to what they must have to be in the end. By adopting this strategy the company can satisfy all the requirements and achieve the goals for which they worked so far.

Mth101 Assignment No. 1 solution

CS601 Assignment No. 1 solution

Assignment No. 01

SEMESTER Spring 2011

CS601- Data Communication

Total Marks: 15

Due Date: 18/04/2011

Instructions

Please read the following instructions carefully before solving & submitting assignment:

It should be clear that your assignment will not get any credit (zero marks) if:

• The assignment is submitted after due date.

• The submitted assignment does not open or file corrupt.

• The assignment is copied (from other student or ditto copy from handouts or internet).

• Student ID is not mentioned in the assignment File or name of file is other than student ID.

For any query about the assignment, contact at cs601@vu.edu.pk Marks: 20

Question 1: [5]

For six devices in a network, what is the number of cable links required for a mesh, ring, and star and bus topology?

Question 2: [5]

Draw a hybrid topology with a ring backbone connecting two bus backbones each bus backbone connecting three star networks.

Question 3: [5]

Suppose we want to build a small network in school building, which topology you will prefer and why? Explain your answer with solid reasons.

Solution:

Answer Question#1

Mesh Topology = 30 Cables
Ring Topology = 6 Cables
Star Topology = 5 Cables
Bus Topology = 7 Cables

Mesh Topology
n=6
n(n-1)

Star topology contain of 7 devices. 7th hub device.. but in this question, just asked for 6 devices, so for 6 devices 5 cables..

Bus topology have 6 links but cables are 7, 7th cable straight.

Question 3: [5]
Suppose we want to build a small network in school building, which topology you will prefer and why? Explain your answer with solid reasons.

Answer: For school network we will prefer the Star topology because it is efficient and fast. Lets see why we are preferring this topology in our school.

Explanation:
1. Easy to install
2. Easy to maintain as compare to other topologies
3. If we want to install a system it will take only 1 minute
4. Not costly as compare to other topologies
5. If a system is down our network will not diatribe as compare to bus and star topologies.

Mgt610 solution

EVOLUTION OF BUSINESS ETHICS

The history of the evolution of ethics is essentially the history of sensibility

and intelligence coming to life. To move toward the ethical and legal is to move away from the primitive. There is a dynamic relationship between the evolution of rules, concern for human survival, and the need for increasing systemic efficiency. The evolution of ethical systems is a natural result of this relationship.

Ethical issues and society - examples

· Involvement in the community

· Honesty, truthfulness and fairness in marketing

· Use of animals in product testing

· Agricultural practices e.g. intensive faming

· The degree of safety built into product design

· Donation to good causes

· The extent to which a business accepts its alleged responsibilities for mishaps, spillages and

· leaks

· The selling of addictive products e.g. tobacco

· Involvement in the arms trade

· Trading with repressive regimes

Institute of Business Ethics Suggestions for Good Practice

The Institute recommends that organizations issue statements of ethical practice in respect of:

· Relations with customers

· Relations with shareholders and other investors

· Relations with employees

· Relations with suppliers

· Relations with the government and the local community

· The environment

· Relations with competitors

· Issues relating to international business

· Behavior in relations to mergers and takeovers

· Ethical issues concerning directors and managers