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Week 3: LEMONADE STAND ASSIGNMENT
$10.00Week 3: LEMONADE STAND
Background
As you have read about in our lecture, we have used a lemonade stand to help us understand some basic concepts of business. As we pointed out, a lemonade stand has a simple business structure; yet, it can help us understand almost every function of a firm; such as marketing, operations, finance, technology, entrepreneurship and many other aspects. In our two assignments in this course, you will own and operate your very own lemonade stand as you apply the knowledge you have learned from the course.
Scenario
You have decided to open a lemonade stand in your local neighborhood. You have grand plans for this stand and expect to attract many customers.
In part I of this assignment, you will develop the basic premise of your new company. Please answer the following questions, utilizing the textbook, to ensure you apply the lesson we have learned in the previous weeks.
- – Develop a creative name for your Lemonade Stand, and then explain why a name is important when you are considering branding options?
- – Create a Mission Statement for your Lemonade Stand (Chapter 7); then explain why a mission statement is important for any company?
- – You are very involved in your community; please outline your CSR plan (Chapter 4) for your business.
- – The textbook lists many different types of pricing strategies, please pick one of these and explain how you will deliver on this strategy with your stand. (Chapter 14)
- – Even though you only sell to local customers, you understand that you could package your lemonade and sell it online globally. Evaluate whether or not the company should go global by creating an online presence and selling your lemonade online (Chapter 3).
Activity
You are to write roughly 500 words in answering all questions posted above for your Lemonade Stand. (Please note: you may list the questions in your paper and answer these in a step by step process, but the word count will only apply to your written words).
The paper needs to be written in an APA format and should have at least your textbook listed as a scholarly source in your bibliography. Please view the APA tutorial in your syllabus for more on how to format your paper. Your paper should include a cover page and running header as stipulated by APA formatting.
This paper will be evaluated on how you apply the concepts that are detailed in the textbook to a practical idea. In order to receive the highest grade, it is encouraged that you review the textbook and cite specific area of the text in your responses (taking care in citing these properly). Additionally, while this is not an English class, grammar will account for a portion of your paper. Please take care in writing a well develop response.
Note: For this paper and other papers that you will write in college, please note that when you reference or cite a text, if you use words that are directly from a source, they must be in quotations and cited. If you are just referencing them and have changed the words, a citation is all that is required. One final point, when writing anything in college, you must adhere to the 80/20 rule: 80% of the papers should be in your own words, while 20% make up any citations you may add. Violation of this rule could result in a zero for the assignment.
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MNGT Week 3 Discussion
$15.00- Describe the personality characteristics that Renee Albertelli and Richard Rodriguez have that should help them navigate the difficulties of starting a business.
- Rodrigues and Albertelli decided to focus their marketing efforts on the artisans who make the shoes. Do you think this is a wise decision? Why or why not.
- What management challenges might cause Shoes with Souls to stumble.
- Describe several steps that Rodrigues and Albertelli could take to avoid these stumbling blocks and guide their business to success.
3 Pages
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Elements of a Contract
$12.50The paper must be four to five pages, excluding the title page and references page(s), and formatted according to APA style as outlined in the Ashford Writing Center.
Address all of the following parts of this assignment:
Suppose that the Fabulous Hotel hires you as head chef under a two-year employment contract. After two years, another hotel wants to hire you. However, in the original employment contract you signed with the Fabulous Hotel, the following paragraph appears:
“The below-signed agrees not to work as a chef for another hotel in the same metropolitan area for a period of two years after leaving our employ.
Identify which elements of contract must exist for this agreement to be enforceable. At a minimum, your paper must include a detailed description of the concepts of offer, acceptance, legal consideration, capacity, and legality of purpose. Is this contract governed by common law or the UCC? Why? Discuss under which circumstances this non-compete agreement would be unenforceable.
3 Pages
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Better Boston Beans Case Study
$12.50Six Pillars of Character and Stages of Moral Development
Better Boston Beans is a coffee shop located in the Faneuil Hall Marketplace near the waterfront and Government Center in Boston. The coffee shop specializes in exotic blends of coffee including Sumatra Dark Roast Black, India Mysore ‘Gold Nuggets’, and Guatemala Antigua. It also serves blended coffees including Reggae Blend, Jamaican Blue Mountain Blend, and Marrakesh Blend. For those with more pedestrian tastes, the shop serves French Vanilla, Hazelnut, and Hawaiian Macadamia Nut. The coffee of the day varies, but the most popular is Colombia Supremo.
The coffee shop also serves a variety of cold-blended coffees. Cindie Rosen has worked for Better Boston Beans for six months. She took the job right out of college because she wasn’t sure whether she wanted to go to graduate school before beginning a career in financial services. Cindie hoped that by taking a year off before starting her career or going on to graduate school, she would experience â??the real worldâ? and find out firsthand what it is like to work a 40-hour week. She did not have a full-time job during college because her parents helped pay for the tuition.
Since Cindie is the ‘new kid on the block’, she is often asked to work the late shift from 4:00 p.m. to midnight. She works with one other person – Jeffrey Lyndell – who is the assistant shift supervisor. Lyndell has been with Boston Beans for three years but recently was demoted from shift supervisor.
For the past two weeks, Lyndell has been leaving before 11 p.m., after most of the stores in the Marketplace close down, and he has asked Cindie to close up by herself. Cindie felt this was wrong and it was starting to concern her, but she hasn’t spoken to Lyndell and has not informed the store manager. However, something happened one night that caused Cindie to consider taking the next step.
At 11:00 p.m., 10 Japanese tourists came into the store for coffee. Cindie was alone and had to rush around and make five different cold-blended drinks and five different hot-blended coffees. While she was working, one of the Japanese tourists who spoke English very well approached her and said that he was shocked such a famous American coffee shop would only have one worker in the store at any time during the working day. Cindie didn’t want to ignore the man’s comments so she answered that her coworker had to go home early because he was sick. That seemed to satisfy the tourist.
It took Cindie almost 20 minutes to make all the drinks and field two phone calls that came in during that time. After she closed for the night, Cindie reflected on the experience. She realized it could get worse before it gets better because Jeffrey Lyndell was now making it a habit to leave work early. She had to either approach him about it or speak with the store manager. She felt much more comfortable talking to the store manager. In fact, in Cindie’s own words, ‘Lyndell gives me the creeps’.
Assume Cindie approached Lyndell about her concerns. Lyndell tells Cyndie that he has an alcohol problem. Lately, it’s gotten to him real bad. That’s why he’s left early – to get a drink and calm his nerves. Lyndell also said that this is the real reason he was demoted. He was warned that if one more incident occurred, the store manager would fire him. He pleaded with Cindie to work with him through these hard times. How would you react to Lyndell’s request if you were Cindie? Would you honor his request for confidentiality and support? Why or why not? What if Lyndell was a close personal friend would that change your answer? Be sure to consider the implications of your decision on other parties potentially affected by your actions.
Assume Cindie keeps quiet. The following week another incident occurs where Cindie gets into a shouting match with a customer who became tired of waiting for his coffee after 10 minutes. Cindie felt terrible about it, apologized to the customer after serving his coffee, and left work that night wondering if it was time to apply to graduate school. The customer was so irate that he contacted the store manager and expressed his displeasure about service and Cindie’s attitude. What do you think the store manager should do? Support your answer with ethical reasoning.
1. Evaluate the actions of the parties from the perspective of six pillars of character.
2. Evaluate the actions from the perspective of Kohlberg’s six stages of moral development.
3. What ethical reasoning can you develop from this case?Include your opinions and your current leadership skills that will influence the process for creating awareness of appropriate ethical behavior.
3 Pages
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HRM-320-11787 Employment Law
$5.00- When can an employee’s religious belief qualify as a bona fide occupational qualification?
- In the law firm of Milton, Madden & Herman (“MM&H), a request has been filled by two Sikhs to wear turbans. Although MM&H’s dress code does not speak to this issue, MM&H decides to prohibit this attire. How would you advise the Sikhs to proceed?
- Johnny Carlton attended the University of Lebanon while his father was stationed in the military in that country. When Kurt Munson review Carlton’s application for employment, he asks Carlton why he chose to attend college there. Carlton explains. When Carlton, who is qualified for the position, is subsequently denied, he reasons that Munson’s inquiry was determining factor. Carlton initiates a Title VII claim for national origin discrimination. Munson asserts that Carlton does not fall under that protected class. Is Carlton covered?
- Harvey Jameson was recently terminated as comptroller at the age of 66 from Better Beef, Inc. His replacement is Tammy Parker, age 45. Because both he and his replacement are covered under the ADEA, Jameson is wondering whether he is precluded from suing.
- Rita Hall has kidney failure and is forced to be on dialysis three times a week. She is a financial analyst for Bull and Bear. She is asking for three afternoons off each week. Hall is offering to work. Late two days and on Saturdays to make up the remaining time off. She does not believe this will adversely affect her duties. Bull and Bear refuses, claiming it is disruptive to the work environment. How would you advise Hall to proceed?
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Advantages & Disadvantages of Waste Management Technology
$10.00Advantages & Disadvantages of Waste Management Technology
DQ # 1 – Depending on the nature and industry of a business, different sustainability strategies will have more applicability for a specific context. Even business in the same industry may benefit from different strategies depending on the culture and practices of the company. For this exercise, consider the following waste management technologies:
- Waste reduction
- Reuse of material
- On-site recycling
- Off-site recycling
- On-site treatment or incineration
- Off-site treatment or incineration
- Land disposal
Choose one or two strategies that you believe would be most appropriate for your business. Describe why you think your selected practices are most appropriate and discuss how they should be implemented. Also, describe how they might affect your current business practices if implemented.
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Differentiate between personal, real, and intellectual property issues
$12.50LAW/531 IRAC Case Analysis Paper
Learning Team Reflection: Week 3 IRAC Brief
Read “The IRAC method of case study analysis.” (Case: the case of American Broadcasting Cos. Inc. v. Aereo, Inc., fka Bamboom Labs Inc.,)
Select one legal case from a current event that has taken place within the past 2 years relevant to the following objectives:
3.3: Differentiate between personal, real, and intellectual property issues.
3.4: Determine appropriate methods to address potential property issues.
Discuss the selected case with your Learning Team.
Brief the selected case as a Learning Team.
Write a case brief using the IRAC method.
Write an explanation of no more than 750 words about how the legal concepts in the selected case can be applied within a business managerial setting. -
City of Sweetwater Accounting
$7.50The City of Sweetwater maintains an Employees Retirement Fund, a single-employer defined benefit plan that provides annuity and disability benefits. The fund is financed by actuarially determined contributions from the citys General Fund and by contributions from employees. Administration of the retirement fund is handled by General Fund employees, and the retirement fund does not bear any administrative expenses. The Statement of Fiduciary Net Position for the Employees Retirement Fund as of July 1, 2014, is shown here
CITY OF SWEETWATER Employees Retirement Fund Statement of Fiduciary Net Position
As of July 1, 2014
Assets Cash $120,000.00 Accrued Interest Receivable $65,000.00 Investments, at Fair Value Bonds $4,500,000.00 Common Stocks $1,300,000.00 Total Assets $5,985,000.00 Liabilities Accounts Payable and Accrued Expenses $350,000 Fiduciary Net Position Restricted for Pensions $5,635,000.00 During the year ended June 30, 2015, the following transactions occurred:
- The interest receivable on investments was collected in cash.
- Member contributions in the amount of $250,000 were received in cash. The city’s General Fund also contributed $750,000 in cash.
- Annuity benefits of $700,000 and disability benefits of $150,000 were recorded as liabilities.
- Accounts payable and accrued expenses in the amount of $990,000 were paid in cash.
- Interest income of $240,000 and dividends in the amount of $40,000 were received in cash. In addition, bond interest income of $60,000 was accrued at year-end.
- Funds of $133,000 were made in cash to terminated, nonvested participants.
- Common stocks, carried at fair value of $500,000, were sold for $480,000. That $480,000, plus an additional $300,000, was invested in stocks.
- At year-end, it was determined that the fair value of stocks held by the pension plan had decreased by $40,000; the fair value of bonds had increased by $35,000.
- Nominal accounts for the year were closed.
- Record the transactions on the books of the Employees Retirement Fund.
- Prepare a Statement of Changes in Fiduciary Net Position for the Employees Retirement Fund for the Year Ended June 30, 2015.
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Prepare a Statement of Fiduciary Net Position for the Employees Retirement Fund as of June 30, 2015
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How would you define the quality of a project
$5.00CMGT/401 Week 3 Discussion question 1
Write a 200- to 300-word short-answer response to the following: While cost and time are critical components of projects, how would you define the quality of a project? Provide some examples of project reporting metrics a project manager could use to measure and communicate the status of quality during a project.