CHAPTER 5: MANAGEMENT FUNCTIONS (M) 1. Which one of the following is not one of the three steps of controlling? A. Monitoring B. Evaluating * C. Authorizing D. Correcting (E) 2. According to Douglas McGregor‚ team members that require supervision‚ direction and threat of punishment for non-compliance are called _____ employees. * A. Theory X B. Theory Y C. Theory Z D. Non-compliant (E) 3. William Ouchi’s approach that managers in Japanese companies have a better relationship
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Answer Sheet: 1. What is the importance of cost of capital in Financial Decisions? Explain. The term “cost of capital” is defined as a the rate of return on investment projects nesscery to have unchanged market price of a firm’s share. It may be the rate at which funds can be borrowed on new equity capital or‚ it may be the rate at which futher cash flows are discounted to measure its present values. The cost of Capital of a firm is the weighted average of the cost of the various sources of
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Introduction to Financial Management Chapter 1 McGraw Hill/Irwin McGraw-Hill © 2004 The McGraw-Hill Companies‚ Inc. All rights reserved. Key Concepts and Skills Know the basic types of financial management decisions and the role of the financial manager Know the goal of financial management Know the financial implications of the different forms of business organization Understand the conflicts of interest that can arise between owners and managers McGraw Hill/Irwin
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modern world‚ all the activities are concerned with the economic activities and very particular to earning profit through any venture or activities. The entire business activities are directly related with making profit. (According to the economics concept of factors of production‚ rent given to landlord‚ wage given to labour‚ interest given to capital and profit given to shareholders or proprietors)‚ a business concern needs finance to meet all the requirements. Hence finance may be called as capital
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Assignment Question Module: Fundamentals of Management Question: Identify the different categories of stakeholders of a budget hotel in a big city and explain the different demands from each stakeholder. Any individual or groups who have an interest in the organization’s activities is considered to be a stakeholder. A stakeholder is typically concerned with an organization delivering intended results and meeting its financial objectives. In general‚ stakeholders are classified
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Summary: In 1980‚ Black Entertainment Television was launched by Robert Johnson as a network in programming for African American audiences. BET is popular since it starts. Today‚ BET reaches 87 million U.S. homes and generates more than $100 million in annual revenue. In 2000‚ Viacom purchased BET‚ and Johnson remained in charge as president and CEO of the unit until 2005. Debra L. Lee is the successor of Johnson who had served as the COO for more than ten years. Before Lee became CEO‚ she had been
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Financial Management Subject Number 18 Study Pack Strathmore University Distance Learning Centre P.O. Box 59857‚ 00200‚ Nairobi‚ Kenya. Tel: +254 (02) 606155 Fax: +254 (02) 607498 Email dlc@strathmore.edu Copyright ALL RIGHTS RESERVED. No part of this publication may be reproduced‚ stored in a retrieval system or transmitted in any form or by any means‚ electronic‚ mechanical
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FINANCIAL MANAGEMENT UNIT - 1 ___________________________________________________________________________ Meaning of Financial Management Financial Management means planning‚ organizing‚ directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise. Definition : “Financial Management is the operational activity of a business that is responsible for obtaining
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Chapter 5 Summary of Findings‚ Conclusions and Recommendations This chapter presented the summary of findings‚ conclusions and recommendations from the gathered data. Summary of Findings The following included the rundown of results of this study concerning the enrollment statistics‚ tuition‚ the number of programs‚ facilities and the forecasted populations. Enrollment Statistics The population of the students from year 2003 was higher in the first semester but then from year 2004 to 2012
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FINANCIAL MANAGEMENT FOR NON-FINANCE MANAGERS Questions Exercise 1: This exercise is intended to make sure that we are all familiar with terms used debt financing. (10 points) (10) Fill the blanks by choosing the appropriate term from the following list: lease‚ funded‚ floating-rate‚ Eurobond‚ convertible‚ subordinated‚ call‚ sinking fund‚ prime rate‚ private placement‚ global bond‚ public issue‚ senior‚ unfunded‚ Eurodollar rate‚ warrant‚ debentures‚ term loan. a. Debt maturing in
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