If the principal cannot observe the effort level of the agent, what will be ? And what will be the effort level of the agent in that case? What will be the profit of the principal?
- There are two effort level for the agent and they are . For the agent the cost for high effort is 500 and the cost for low effort is 0. The reservation utility for the agent is 500. When the agent is working for the principal, there can be three levels of profit and they are . The principal is risk neutral and the agent is risk averse. The agent’s utility from the wage, w, would be . The agent’s total utility would be where . When the effort level is high the probabilities that each result would happen are . When the effort level is low they are .
- In the ideal case where the principal can observe the effort level of the agent, what will be the wage system like? In other words, what will be ?
- If the principal cannot observe the effort level of the agent, what will be ? And what will be the effort level of the agent in that case? What will be the profit of the principal?
Develop the accounting items and product or service planning of the business idea.
Assignment – Business Accounting and Product/Service Planning
This Assignment will develop the accounting items and product or service planning of the business idea. You will use all of your past knowledge, skills, and abilities generated in your Accounting and Marketing class in the Bachelors of Applied Science degree program.
You will create an Accounting decision and Market Planning for your new or using an existing company for a (1) new product or service development, (2) market a new business initiative, or (3) strategies to solve a problem with a current organization.
*Consider Accounting and Marketing implications during this course for your business idea.
Describe the Product/Service Planning of your new or existing company idea. They should be written in the following order:
A. Title Page (include your name, your company’s name, class name, professor, and date)
B. Create the Product/Service Life Cycle of your business idea. Include the Stage of your product/service. Detail the four (4) levels of Stage of your Product/Service.
SEE ATTACHMENT for the Product Life Cycle.
Use your Accounting and Marketing class information for these sections. Review your textbooks and past assignments for details and what should be included in each section.
C. Add the cost of a Marketing Plan. Include the cost of the Product/Service of your business.
D. Reference Page in the APA format.
NOTE: Your Product or Service Planning should be detailed and original (do not use any ideas or company information from your past BAS courses). Write the Product/Service Plan in the APA format (with subheaders) and only include information from the instructions.
Assignment requirements
The assignment should be written on a Bachelors’s level. It must be error and grammar free. The business Product and Services Planning should be original and the same company information should be used in future assignments.
Why do you think the popularity of online survey research has exploded over the last 3-5 years?
Why do you think the popularity of online survey research has exploded over the last 3-5 years? Be sure to answer the following questions:
• Discuss the advantages and disadvantages of online survey research
• Do you see any new survey software/technologies dominating the research marketplace? If so, provide their websites for your peers
Evaluate the differences small, medium and large businesses make to the economy, applying relevant data and statistics.
Evaluate the differences small, medium and large businesses make to the economy, applying relevant data and statistics.
Explain the importance of small businesses and business start-ups to the growth of the social economy.
Explain the importance of small businesses and business start-ups to the growth of the social economy.
Interpret and assess relevant data and statistics to illustrate how micro and small businesses impact on the economy.
Interpret and assess relevant data and statistics to illustrate how micro and small businesses impact on the economy.
Critically evaluate how small businesses have an impact on different levels of the economy (local, regional, national) and in an international context.
Critically evaluate how small businesses have an impact on different levels of the economy (local, regional, national) and in an international context.
Investigate a diverse range of entrepreneurial ventures to demonstrate an understanding of entrepreneurship in both the public and corporate sector.
Investigate a diverse range of entrepreneurial ventures to demonstrate an understanding of entrepreneurship in both the public and corporate sector.
Explore the similarities and differences between entrepreneurial ventures.
Explore the similarities and differences between entrepreneurial ventures.
Examine different types of entrepreneurial ventures and explain how they relate to the typology of entrepreneurship.
Examine different types of entrepreneurial ventures and explain how they relate to the typology of entrepreneurship.
