Rice Krispies

MBA 540 Mid-term Exam 1. (10 pts.) Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs help her make a decision? According to Brickley, et al. (2016), the “opportunity cost of using a resource for a given purpose is its value in its best alternative use.” To help Stella make a decision on purchasing a new car, she would need to make a marginal analysis as to narrow down what her best option for…

History Dunder Mifflin Inc. was established in 1949 by Robert Dunder and Robert Mifflin. The co-founders met on a tour at Dartmouth College and decided to create a paper company after seeing the demand for office supplies on campus. Today Dunder Mifflin is multimillion dollar company that dominates the east coast. Dunder Mifflin’s main competition is from rival companies Office Max and Staples. In 2012, CEO Michael R. Williams took command of the company and has revamped the company’s loose…

Donut Despite its location, Dot’s Donut Shop was about to get famous. It was April 27 in Madison, Indiana. The air was humid on this Thursday morning, making your skin feel like used tape. This run down donut shop was visited only by the same people going to work every morning. Phil worked the morning shift at the donut shop. He made sure everything was in tip top shape and ready to serve customers. Everyone who came often knew Phil and Phil knew them. One particular customer came in…

Over the past several years Dunkin’ Donuts has incurred indebtedness that has affected their financial standings. As of December 29, 2012, there was a total indebtedness of approximately $1.9 billion which excludes $1.5 million of undrawn letters of credit and $88.5 million unused commitments under the senior credit facility. The following year on December 28, 2013, there was approximately $1.8 billion indebtedness which excludes $3.0 million of undrawn letters of credit and $97.0 million of…

magery in Interpreter of Maladies In Interpreter of Maladies a short story by Jhumpa Lahiri uses the literary elements of imagery in the forms of a camera and puff of white rice, to illustrate a tale the difficulty of communication can drive a family into a family and guilt-filled marriage. Mrs. Das an ill-equipped mother and a cheater are looking to pass along the suffering and blame to a different person as in the form of Mr. Kapasi, the taxi driver, While Mr. Das an ill-equipped father…

As technology advances, scientists and business moguls are finding new ways to genetically modify food products to meet the growing demand for food. However, the average consumer is oblivious to what is entering their body when they consume these genetically modified foods that are not required by law to be labeled. Nina Fedoroff’s, “Engineering Food for All”, is an editorial stating that there is no harm in utilizing genetically modified organisms to feed everybody. She also states that there…

Strolling down the grocery aisle, bold blue and green labels declaring “non-gmo” on food products catches customer’s eyes. What do these labels mean? According to the World Health Organization, “Genetically modified (GM) foods are foods derived from organisms whose genetic material (DNA) has been modified in a way that does not occur naturally, e.g. through the introduction of a gene from a different organism” (“Food”).In other words, genetically modified foods are foods whose DNA contains…

GMO, which stands for Genetically Modified Organism have been introduced as a highly debatable topic for quite a while now. A GMO is an organism whose genetic material has been altered by using genetic engineering techniques. Before this technology was available, farmers had to pass down knowledge of their best breeds for optimal/desirable traits for the crops they would produce. Now GMOs have given us the option to select traits that would discourage and repel pests to certain crops. Some may…

genetically enriched food, such as Gold rice, has been used to feed those in third-world countries. For those living in underdeveloped third-world countries who cannot afford meats, fruits, and vegetables, the nutritional benefits of GMO crops like Gold rice have made it possible to get the vitamins and minerals needed. Despite over a decade of hype surrounding Gold rice, this miracle crop is still not available in the marketplace. Delays in commercialization of Gold rice have been blamed on the…

Over the span of 35 years, our society has developed research towards Genetically Modified Organisms (GMOs).These organisms have provided many benefits to the society through nutritional value and over the years of being developed, there have been negative theories that have arisen in the eyes of skeptics. Although there are many legitimate concerns toward GMOs, labeling and regulating Genetically Modified Organisms can alert customers of the dangers and decrease negativity by informing them of…