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RY01

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  1. The city of Winston has two large department stores: Namen and Roscoe. Namen is known for its high-end designer fashions, while Roscoe is known for more affordable fashion options. Both Namen and Roscoe are each considering opening another store in the growing suburb of Salem, where the population has grown over 50% in the last three years and where the median income is $75,000. Namen’s executives argue that as population and median income increase, people are willing to spend more money on clothing. However, Roscoe’s executives believe that the suburbs are more family oriented, and therefore their store will be more profitable than their competitor Namen. Write a response in which you discuss what questions would need to be answered in order to decide whether the recommendation is likely to have the predicted result. Be sure to explain how the answers to these questions would help to evaluate the recommendation. My answer: While the population of the city of Salem has increased to 50% and their median income is $75000. It doesn't assure the increment of sales of Namen and Roscoe's stores. Sometimes cultures have a great impact on buying clothes. It may happen that the people of Winston are more fashionable than Salem. If the population of Salem increased suddenly than they will be more likely to buy ordinary clothes. Moreover, It also required to know about their knowledge of fashion. If they have a different mindset on fashion than Roscoe's store will be profitable as they provide fashion options. It's true that suburbs people are more family-oriented. They will spend money on fashionable clothes. But it is possible for them to buy high-end fashion designer clothes. They may not be inclined to buy from Roscoe's store as it is time-consuming. In this case, Namen's store will earn profits. A median income of $75000 and an increase of 50% doesn't provide well information which proves that their business will be profitable. If the number of poor is more than one half of the rich then only rich people will buy fashionable clothes. Suppose, there are 6 people in the Salem city and 2 of them earns $10 thousand, 1 earn $20 thousand, 2 earns $130 thousand and 1 earn $150 thousand per month. Then the median will be $75000 but with this income, only half of the population will buy fashionable clothes. In this case, both of them will face losses. So, it is more important to know the poor and rich ratio to get the expected result of their business. Without answering the above questions, It is vague to say that their clothing business will be profitable.
  2. Undergraduate students majoring in Business or in the Sciences should not be required to take any courses in the Humanities since those courses won’t benefit their future careers. Write a response to the prompt in which you discuss whether or not you agree or disagree. Be certain to fully develop your position and carefully consider ways in which your position could be challenged. My answer: People learn from the mistakes of the past, his literature or culture encourages him to move forward. To succeed in life Humanities have a vital role in a person's life. With the advancement of technologies, people come to know that the field of Science and Business is an abundant source of knowledge. So, many arise that as if it is not beneficial to learn Humanities for a student taking Science or Business as a major, it should be elicited from the science courses. Science is a vast field of knowledge. A student requires immense knowledge to succeed in this area. Taking Humanities courses in undergrad will definitely kill some time that he can spend exploring different precious books of science and several Business guides if he is from the Business background. In this case, seemingly the humanities courses are not required. Humanities is a stock that contains knowledge mainly including histories, art, literature, etc. If a person succeeded in his life but didn't know about his ancestors will be a shame for him. At this point, if we observe for a student who is a scholar of his field (Sciences or Business) but didn't know how his country became independent and how they grab their cultures throughout history. At that time, it became a kind of moral principle for every person to gather knowledge about history, literature or art. So, it is important to take at least some basics courses of humanities. It is required for a student majoring in science or business to learn about humanities though it seems as not resourceful in his area.
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