BUSL301 Final exam Session 1 2013 The exam does not include: Lecture Area 1-4 Lecture Area 9 [Week 10] (Takeovers / Financial Services and Markets) The Role of Auditors / ASIC Investigation (these are both in Lecture Area 7 [Week 8]) Everything else is examinable – that is‚ within the range of material that may be included in the final exam Part A of the exam (20 marks) is multiple-choice (10 x 2 marks per question) Part B of the exam (40 marks) has 2 problem style questions requiring written responses
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Week Two Individual Exercises 14-1. What are financial markets? What function do they perform? How would an economy be worse off without them? Financial markets are the instutions and procedures that enable transactions in all types of financial securities. The function of financial markets is to distribute the savings supply in an economyto those who demand the savings. Economic wealth would decrease and capital formation would be less if our economy didn’t have financial markets. 14-3
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Understanding business The business related laws in the United States intend to foster free‚ fair‚ balanced and effective business practices. Laws protecting consumers in the United States disallow unfair‚ deceptive and anti-competitive business practices. Despite significant legislative differences from one state to another‚ a major premise is that deceptive and unfair business practices are unethical and inappropriate (Cartewr‚ 2009). These laws constitute critical legal underpinnings for ethical
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Notes on Board Oct. 2‚ 2013 Exam one was returned for student’s review. Listening assignment for this week was distributed and uploaded to mix. Ensemble- usually a small group of performers Polyphonic- The simultaneous sounding of two or more melodies of equal importance. Group Work: Sidney Bechet First notable jazz saxophone player‚ soprano sax Played clarinet‚ too. Composer Professional by age of 6. Louis Armstrong 1901-1971 [Greatest trumpet player] The most influential jazz
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CHAP -13 1. Which of the following are characteristics of bonds? i. Bonds are certificates of indebtedness. ii. Bonds are purchased through auctions. iii. Bonds can be resold in secondary bond markets. iv. Bonds represent ownership of a corporation. a. only ii‚ iii‚ and iv b. only i‚ ii‚ and iii c. only i‚ iii‚ and iv d. all four 2. Financial institutions through which savers can
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quotas‚ and regulatory barriers are forms of protectionism that “unfairly” promote domestic goods in foreign markets. False Question 6 Which of the following is a measure of income disparity? Gini index Question 7 The “reciprocity” principle requires each WTO member apply the same condition on all trade with other WTO members. False Question 8 A major policy advance by neoliberalism is free trade which means the removal of trade barriers‚ like tariffs‚ subsidies‚ and regulatory
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MKT 300 Exam 1 Study Guide Modules 1-4 Module 1: * Marketing * An organizational function of collected processes designed to plan for create‚ communicate‚ and deliver value to customers and build effective customer relationships in ways that benefit the organization and its stakeholders. * Creating Value‚ Communicating Value‚ Delivering Value through products Place promotion and Price * Marketing Mix definitions * The 4 P’s: Product‚ Place(distribution)‚ Promotion
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1. Reducing consumer choices makes service more efficient. TRUE 2. Product failures can be easier to remedy with modular design. TRUE 3. A service blueprint is quite similar to an architectural drawing. TRUE 4. Applied research is the major R&D effort of business organizations because of the desire for commercial application. TRUE 5. Life-cycle assessment involves incorporating where the product or service is in its life-cycle into system-design decision-making
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ANSWER ALL QUESTIONS QUESTION 1 (23 MARKS:41 MINUTES) A. Evidence comes in various types and has different degrees of reliability. Following are some statements that compare various types of evidence. a. A bank confirmation versus observation of the segregation of duties between cash receipts and recording payment in the accounts receivable subsidiary ledger b. An auditor recalculation of depreciation versus examination of raw material requisitions c. A bank statement included
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Kotler and Keller (2009) believe that marketing is about identifying and meeting human and social needs. They further explain that this idea can be simplified by defining marketing as meeting needs profitability. Some argue that marketing goes beyond meeting needs and wants. For these critics‚ their counterpoint is that marketers create products and services to make people want or need what they otherwise would not. Although this may be true with unsought goods such as insurance‚ encyclopedias‚ and
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