Chapter I: Economics: foundation and models Scarcity: A situation in which unlimited wants exceed limited resources available to fulfill those wants. Human wants are unlimited‚ but resources (such as time) are not. So people must make choice as they pursue their goals. Economics: the study of the choices people makes to obtain their goals given their scarce resource. 1.1~Three key economics ideas 1.2~The economic problem that every society must solve. 1.3~Economics models The scientific
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MANAGEMENT ACCOUNTING Lectures Toyota – brake failure even though standards were followed‚ the standards weren’t revised – RIGID Shree Renuka Sugars Ltd. ‘turned around every single one of its sick leased units‚ creating viability out of a liability.’ Boeing Reached the point where between 70% and 80% of the costs assigned to the final cost objectives of a manufacturing or engineering line organisations were allocations from common overhead pools ‘Because technology related costs were buried
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the best adaptations to current environment * Evolution- change in the genetic makeup of a population over time * Population= group of individuals of the same species Natural selection is one mechanism of evolution 1. 2. Organized in a specific way 3. Need & Acquire energy 4. Maintain internal constancy- homeostasis 5. Reproduce‚ grow‚ & develop 6. Evolve DESIGN A CONTROLLED EXPERIMENT * Sample size * Variables * Independent (manipulated)
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Chapter 4 Managing Marketing Information GENERAL CONTENT: Multiple-Choice Questions 1. Despite the data glut that marketing managers receive‚ they frequently complain that they lack _____. a. enough information of the right kind b. quality information c. timely information d. accurate and reliable information e. valid information (Answer: a; p. 97; Easy) 2. An MIS consists of people‚ equipment‚ and procedures to gather‚ sort‚ _____‚ evaluate‚ and distribute information
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CHAPTER 6 Revolution without Dogma by Daniel Boorstin How is the American Revolution unique from other 18th‚ 19th‚ and 20th century “revolutions”? Strictly political revolution- based in doctrine Rational movement England has become corrupted‚ but like the basis‚ so going to become independent and perfect ideas in Americas Were the American and French Revolution linked? How or why not? French revolution is more than political‚ waves of new government Many leaders being overthrown and killed
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view the world Paradigm: a model or example; in IR‚ it is roughly synonymous with “perspective‚” “approach” or “worldview” Research Approached & Levels of Analysis Historical Approach: draws on the historical record to describe & explain international relations Social Scientific Approach:
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Company’s employees earn vacation time at the rate of 1 hour per 40-hour work period. The vacation pay vests immediately (that is‚ an employee is entitled to the pay even if employment terminates). During 2013‚ total wages paid to employees equaled $404‚000‚ including $4‚000 for vacations actually taken in 2013 but not including vacations related to 2013 that will be taken in 2014. All vacations earned before 2013 were taken before January 1‚ 2013. No accrual entries have been made for the vacations
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Intermediate Accounting Review Exam 3 Chapter 4 Statement of Cash Flows (SCF): is an essential component within the set of basic financial statements. Is presented for each period for which results of operations are provided. Operating Activities: inflows and outflows of cash related to the transactions entering into the determination of net operating income. Cash inflows include cash received from: 1. Customers from the sale of goods or services. Ex./ collection of cash from customers
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CHAPTER 1 Ethics & ethical reasoning Ethics as a set of guidance/principles/norms which shows we how should we act‚ how should we choose‚ how should we live. Argument: a group of statements (premises: basis of conclusion) which are claimed to provide support/reasons for the other statement 3 kinds of arguments Deductive argument: premises are clamed to support the conclusion in such a way that it is impossible for the premises to be true‚ the conclusion false. Conclusion is claimed to follow
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International Law Book Notes I. Chapter I A. History of International Law i. “Nations ought to do to one another in peace‚ the most good‚ and in war‚ the least evil possible” –Montesquieu to Napoleon ii. Int. law predates several countries iii. Sovereignty: must provide incentives to get other countries to sign onto treaties iv. Shoot for customs to become law; litigate issues when there is no treaty or if the treaty falls short
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