• Brainstorm and create a list of knowledge and skills needed to enter into and advance in your chosen profession. Consider the categories below and identify at least one skill or qualification from each of the categories that you think will be necessary in your chosen career: o Education & Networking – What minimal educational requirements are needed to get an entry-level job in your field? Is additional education necessary to get promoted? Are there any certifications that will help you in your career? Are there any professional organizations you could join to meet professionals in your field? Do you know anyone who could help you make contacts within your profession?
o Career-specific knowledge and skills – What knowledge and skills do experts in your field possess that you will need to be successful in this profession?
 (For example, medical assistants draw blood, paralegals complete various forms and templates, accountants deal with accounts payable and receivable, etc.)
o Professionalism – What other knowledge and skills do professionals exhibit? These aren’t necessarily career-specific but are expected in all workplaces.
 (For example, what types of communication skills will you need? Is teamwork important? What about punctuality, dependability, and meeting deadlines?)

Jason day company had bonds outstanding with a maturity value of $300,000. on april 30, 2017, when these bonds has an unamortized discount of $10,000, they were called in at 104. to pay for these bonds, day had issued other bonds a month earlier bearing a lower interest rate. the newly issued bonds had a life of 10 years. the new bonds were issued at 103 (face value $300,000).

Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex.causally ambiguous.path dependent.the result of unique historical conditions.

5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.