Fill in order details

  • Submit your instructions
    to writers for free!

Chat with the writer

  • Chat with preferred expert writers
  • Request a preview of your paper
    from them for free

Editing

  • Project edited by the quality evaluation department

Download Your Completed Project

  • Download the completed project from your account or have it sent to your email address

In this week’s discussion you assume the role of CEO of a company. In  anticipation of the upcoming quarterly disclosure of profits, you  prepare your Board of Directors for the pressure that cost-push

In this week’s discussion you assume the role of CEO of a company. In  anticipation of the upcoming quarterly disclosure of profits, you  prepare your Board of Directors for the pressure that cost-push  inflation is having on profits. There will be some erosion of profits.

Also see the help provided in the discussion preparation.

Instructions

For this discussion, assume the role of CEO of one of the following hypothetical companies:

  • All America Grocery Inc. We serve communities in  the middle of the income market, providing low prices for all basic  grocery needs. Our modest-income consumers expect good deals on good  quality foods. The Covid-19 pandemic has put upward pressure on the  price of everything we sell. Cost-push inflation from multiple sources  is impacting our operating cost and our cost of goods. We are both  fortunate and unfortunate that the price elasticity of demand for food  is .20.
  • Very Big US Auto. Very Big US Auto is one of the  oldest and largest manufacturers of autos in the United States. Very Big  US Auto has an international supply chain and is highly dependent on  components manufactured abroad and assembled in the United States. Costs  are rising on all aspects of production across the industry. Very Big  US Auto is seeing inflationary pressure in everything we use: labor,  materials, components, and computer chips. On the demand side, Very Big  US Auto knows that demand is relatively elastic with a price elasticity  of demand of 1.2. But we also know that the pandemic has made some  transportation substitutes less acceptable.
  • Big Time Entertainment. Big Time Entertainment is a  nationwide firm providing movies, concerts, arcades, and other  in-person entertainment venues such as bowling and roller skating. Our  operations have been heavily impacted during the Covid-19 pandemic,  including continuing limits on number of guests and new costs associated  with safety measures for both staff and customers. We are now reopening  but facing a continued cost-push inflation. We also face uncertainty as  to the potential for additional shutdowns. Customers are fearful, and  the guidance on operating our facilities means we are operating far  below our optimal number of patrons to cover the higher cost of  everything. Price elasticity of demand is 1.6, and we are also faced  with competition from online entertainment and gaming, which are not  experiencing many of these cost pressures.

In your discussion post, address the following prompts within  the context of your chosen hypothetical company of which you are the  CEO:

  • Is the demand curve for your product relatively elastic, inelastic,  or unitary elastic? Demonstrate this for your company’s product by how  much the quantity demanded will change if you pass on the 10% increase  in cost. In other words, prepare a forecast showing by what percentage  the quantity demanded will change if your prices are raised by 10%. You  must provide calculations showing the percentage change in quantity  demanded.
  • Will you pass on most or all of the cost increase to your customers? Why or why not?

Place your order now for the similar assignment and get fast, cheap and best quality work written by our expert level  assignment writers.In this week's discussion you assume the role of CEO of a company. In  anticipation of the upcoming quarterly disclosure of profits, you  prepare your Board of Directors for the pressure that cost-push

Use Coupon Code: NEW30 to Get 30% OFF Your First Order

Other Answered Questions:

SOLVED!! Describe the clinical manifestations present in

SOLVED!! Post an explanation of at least two opportunities

SOLVED!! Select a patient that you examined during the last

SOLVED! Sabrina is a 26 year old female who has just been

SOLVED! Describe the characteristics of the aging process

SOLVED!! Develop 3–4 new SMART goals for this quarter and

SOLVED! An 83-year-old resident of a skilled nursing

SOLVED! Identify your specialty area of NP practice

What our customers say
_____

Ishita M.Ishita M.
Great Job! Thank you so much for your work. You got it done faster than I imagined and everything is perfect. Will definitely be using you again!
Megan J.Megan J.
"As a wife, mother, and full-time student, I was struggling to try to go back to school and take care of my responsibilities. Sometimes you just need a little help, and I appreciate all the help I have gotten from Academic Research Bureau. My papers are on-time and the writers are easy to work with. Thanks for the support!"
Rajab M.Rajab M.
Universitywritingservices.com has saved me a lot of time. I was tired of taking the same classes many times over again. As an ESL student, my professors were taking points off of my assignments for my grammar mistakes. It made it very hard to feel encouraged to continue with my studies. Thankful for having found an answer for better grades."
Frank N.Frank N.
As a working student, I just really don't have the time to write paper after paper and complete assignment after assignment. Working full-time and going to school was nearly impossible until I was able to feel comfortable with the writers on this site. They make me feel secure enough to trust them with my papers. While I'm busy with life, they are busy writing my papers. They always do an outstanding job!
Courtney B.Courtney B.
Thank you! You were really patient with me and my needs. This was my first time using you guys, however, I will definitely be using you again!
John H.John H.
I cannot tell you enough how amazing your company is! Your writers are superb, on time, excellent content, so very thankful you reached out to me that day! Lifesaver for sure! Couldn’t be happier with the results I’ve gotten from my first 2 papers with you, I have 4 papers left to go and I’ll be using your company for them all!
Rebecca T.Rebecca T.
After I ordered a dissertation from your writing service, the first paper that I was given did not met my professor’s demand. I set the paper on revision and the writer made the revision for free meeting all my requirements and I was very satisfied
Thomas R.Thomas R.
I was shocked by how your writers managed to deliver my paper on time, and I was among the best in our class in that paper. Thank you so much and I will never hesitate to use you
error: protected!!