MBA6620 Mid Assessment Project Assignment
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
MBA6620 MID Assessment
This assessment is an INDIVIDUAL EFFORT. The assessment is drawn from your learning on rational decision-making, costs, marginal analysis, net present value, and human biases in decision making. In formulating your answer, remember this is a graduate class and therefore, analysis and demonstration of academic learning are essential (review grading rubric at the end of this document).
Each question carries equal weight.
- Deadlines must be met.
- You MUST use the link in Canvas to submit your work.
- NEVER email me your answers.
- Use MS Word (I have problems opening Word Perfect) documents and MS Excel
- Do not wait until the eleventh hour to start your work. Remember, your best and thoughtful answers come to you when you give yourself time to think about these questions and view them from multiple perspectives.
- Make sure that you think about all that you have learned and focus on the application of your learning.
- The length of each answer is your decision. Remember to balance the length of the answer by demonstrating sufficient explanatory knowledge, versus answers of unwieldy length (efficiency counts!). Conciseness and clarity are highly valued in the business world. INLCUDE RELEVANT REFERENCES. FOLLOW APA GUIDELINES.
- Note: this is a graduate class and that recitations of definitions and descriptions are not complete answers.
CASE OUTLINE
Jim Foster is the owner of Selwyn Pub in North Carolina. Jim’s family was the owner of the pub for over four decades. The distinguishing feature of the Selwyn Pub is the massive oak tree in front of the pub, its branches and leaves cascading over the side walk. The tree became the arbor for outdoor dining and pub services, giving a natural gift of green shade and breeze through the hot summer months and cool sunshine in early Fall and late Spring. The outdoor area was approximately 50 feet by 50 feet. Each table occupies 12 feet by 8 feet, seating 22 tables.
Over the years, Jim noticed that the tree was not as abundant and despite repeatedly service from expert arborists (tree doctors), the tree was in failing health. The past expenses over these years totaled $5,000. The town decided that the tree was danger to property and people and decided on its imminent removal.
Foster was convinced that nothing would replace the tree to his business and to its patron. However, will the removal of the tree offer opportunities for his business? Clearly, each replacement would involve different costs and benefits to his business. These are some of the thoughts Foster considered.
- Do nothing. This becomes the new baseline for all decisions because the competitive advantage offered by the shade of a beautiful tree is no more. Foster observes that the loss of shade can potentially reduce both indoor and outdoor revenue, compared to past experience.
- Invest in a non-retractable awning to create an outdoor space, giving additional protection in clear and rainy days. Foster was concerned that the non-retractable awning would block outdoor sunshine and adversely impact both indoor and outdoor revenue? Could non-retractable awning raise revenue on rainy days and reduce revenue on bright, hot days?
- Invest in a retractable awning to create outdoor space, giving the option of both sunshine and share. Could this option raise both outdoor and indoor revenue streams?
Foster estimated explicit costs as follows:
- Do nothing
- Costs of non-retractable awning: $50,000
- Costs of retractable awning $100,000
Foster also estimates that financing investment would require additional bank loan. The interest rate on the loan is estimated at 7% annually. Foster intends to apply for a business line, pay interest only for 12 months and the principal back at the end of 12 months. Foster projected marginal costs and marginal revenue for the above alternatives. These projections are shown in Additional Inputs spread sheet.
Reference:
Modified based on Cox, S., Foster, J., Burson, T., & Repede, J. (2018). A Tree Dies and a Pub Suffers. Journal of Case Studies, 36(2), 19+.
QUESTIONS
- Using your knowledge of marginal analysis and present value analysis for the evaluation of extant decisions (potential investment), evaluate the alternatives presented above and recommend to Foster the best rational decision. Use a 7% annual discount rate for calculating Net Present Value. Hint: Use excel function =NPV to calculate the PV of future cash flows over the 12 months. Use the annual cost of bank funds, adjusted to a monthly rate, as the discount rate.
- Has Foster included all associated marginal costs in his analysis?
- What risks would the bank consider in evaluating the loan application?
- What cognitive biases should Foster be on the lookout for during the decision making process? Explain your reasoning.
- What is the Economic profit per month of alternative A?
GRADING RUBRIC
V. Good >90
Good 80 – 89.99
Needs Improvement 70 – 79.99
Needs significant Improvement >70
40%
Analysis of each question uses assigned course materials Makes appropriate and powerful connections between questions posed and strategic concepts studied in the course readings and lectures; Demonstrates thorough command of the analytical tools. Makes competent connections between identified issues/problems and concepts studied in readings and lectures; Demonstrates competent command of the analytical tools.
Often makes tenuous, or sometimes mistaken connections between issues identified in the case and the concepts studied in the readings. Demonstrates imperfect command of the analytical tools.
Makes false or no connection between issues identified and the concepts studied in the readings 30% Logically constructed arguments and explanations Quality of references
Arguments /Claims are well structured based on logical chain of inferences and evidence. Conclusions are well derived from the arguments.
References are of good academic quality.
Arguments /Claims are partially developed in a logical manner. Several conclusions are stated as self-evident, or supported by anecdotal information. References are a mix of good academic quality and common web search results
Intermittent effort is made to develop logical arguments. Most conclusions are stated as self-evident.
References are a mostly common web search results
Limited /No logical arguments are developed. No assigned resources are references.
References are from common web search results
15% Use of Spread Sheet Uses work sheet correctly and thoroughly to analyze data and help in the decision process Uses work sheet adequately to analyze data and help in the decision process Minimally or superficially uses the work sheet Does not use any worksheet sheet 15% Writing Mechanics Writing is free of grammar and spelling errors. Writing is clear, concise, and ideas are well presented.
All outside sources are referenced. APA Style is followed with all references
Writing is adequate, sometimes given to grammar and spelling errors. Outside sources are referenced, but intext citations are incomplete. APA Style is mostly followed, with few errors
Writing is often imprecise and given to grammar and spelling errors. Outside sources are inadequately referenced, and intext citations are incomplete, or missing. APA Style is inadequately followed. Intext citations are often missing.
Writing is inadequate. There are several grammar and spelling errors. Limited references, APA Style is inadequately followed
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER
CLICK ON THE LINK HERE: https://www.perfectacademic.com/orders/ordernow
Do You Have Any Other Essay/Assignment/Class Project/Homework Related to this? Click Here Now [CLICK ME] and Have It Done by Our PhD Qualified Writers!!