Review Sheet for Final Spring 2014 BMGT 301 Chapters 2‚ 6‚ 7‚ 9‚ 10‚ 11‚ and 13 Dr. Karake Chapter 2 – Strategy & Technology Differentiate between operational effectiveness and strategic positioning Operational Effectiveness – Performing the same tasks better than rivals perform them Strategic Positioning – Performing different tasks than rivals‚ or the same tasks in a different way Differentiate between competitive advantage and sustainable competitive advantage Competitive advantage – An advantage
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That a company will continue to operate in the near future 4 Fundamental Financial Statements 1.) Income Statement a. Reports the results from Operations in a specific period of time b. Revenues‚ expenses‚ and Net Income/Loss (Part of “performance”) 2.) Balance Sheet a. Shows the financial position of the company up to date b. Assets‚ Liabilities‚ and Shareholders’ Equity 3.) Cash Flow Statements a. Shows the movements of cash and cash consequences of transactions by the type of activity for a period
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1. When determining the appropriate hardware components of new information system‚ what role must the user of the system play? 2. Identify two basic characteristic of RAM and ROM? - RAM is temporary and volatile‚ it lose its content (data) is turned off or disrupted. - ROM is nonvolatile and not lost its contests if the power is removed. 3. What is RFID technology? How does it work? - A technology that employs a microchip with an antenna to broadcast its unique identifier and location receivers
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CHAPTER 1 Auditing and Assurance Services LEARNING OBJECTIVES | | |Exercises and | | | |Problems | | |Review Checkpoints | | |
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required audit specialists New Client Investigation Continuing Clients Identify Client’s Reasons for Audit Obtain an understanding with the client Develop Overall audit strategy Select staff for engagement Evaluate need for outside specialist 1. 2. 3. 4. 5. 6. 7. II. Understand the Client’s Business and Industry Why is it important? General Standard: “The auditor must obtain a sufficient understanding of the entity and its environment‚ including its
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GBL 295 Exam 2 Tort: A “Civil Wrong” Torts refer to a general classification covering civil causes of action providing private remedy for injury to one party caused by the tortious conduct of another party. The goal of tort law is to shift / distribute losses from victims to perpetrators. Compensation: Through the award of damages. The object of compensation is to place the victim in the position he/she was before the tort was committed. Difficult to do‚ so we compensate. Assault: O
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EXAM 2 REVIEW MKTG 407 (Fall 2011) Chapter 9 • Understand the 2 essentials and the various elements of culture we discussed. • Culture: everything humans learn and share with members of a society o Learning & Sharing→ eating with a spoon or eating with pork chops is culture→ we learn and share these things Culture vs. Nature - Both within ourselves - And in the physical world outside us - Nature: opposite of culture both human and nature‚ human natures is to be utterly selfish
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NPB 101L Final Exam Review Lab 2 – Skeletal Muscle 1. Describe basic setup a. What was manipulated? Intensity‚ frequency b. What was measured? Twitch tensions c. What concepts were investigated? i. Frog‚ sciatic nerve‚ gastroc‚ d. What was investigated? i. Effects of stimulus frequency and intensity on contraction-the more intensity‚ the higher the twitch tension. The more freq- the more twitch tension (By ~4.0pps we start to see summation of the twitches and by ~15pps we see no single twitches
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Sports Marketing Exam Syllabus Section 1: Media‚ Pg. 256 1. Define the terms new media and new media marketing Media= Communication with the general public by organisations. Ex Broadcasters‚ print newspapers‚ magazines and radio stations. New Media= Communications that are generated by electronic means or through recent technological platforms. Not all forms of new technology are new media Only the technology that are capable of transmitting information to the general public are
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explain how countries develop comparative advantage in certain areas rather than others. The model works as follows: 1) Assume every country‚ for the most part‚ has access to the same technology. 2) Still‚ factors of production are difficult to move across national boundaries. 3) It follows from (2) that factors of production are relatively bound by geography and national borders‚ and that not every country can obtain the proportions need to maximize production. 4) Because the amount of productive
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