Chapter 10 Problems 1. How much interest would be earned (on a simple interest basis) from a three-day money market loan for $1 million at an interest rate of 12 percent (annual rate)? Suppose the loan were extended on the third day for an additional day at the going market rate of 11 percent. How much total interest income would the money-market lender receive? Interest owed at 12% for 3 days would be: $1‚000‚000 (.12) (3/360)=$1‚000. Additional interest owed for 1 more day: $1
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Chapter 10 Contracts TEST BANK 1. The ______________ evolved in commerce over the centuries. a. law of contracts b. law of commerce c. law of trade d. law of documents e. law of freedom ANSWER: a (page 262) National: AACSB Analytic; Communication; AICPA BB-Legal 2. The ______________ evolved in commerce over the centuries. a. law of invention b. law of commerce c. law of trade d. law of documents e. none of the other choices are correct ANSWER: e (page 262) National: AACSB Analytic; Communication;
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TEN COMMANDEMENTS (KANTER‚ STEIN AND JICK 1992) 1. Analyze the organization and its need for change. Managers should understand an organization’s operations‚ how it functions in its environment‚ what its strengths and weaknesses are‚ and how it will be affected by proposed changes in order to craft an effective implementation plan. 2. Create vision and common direction. One of the first steps in engineering change is to unite an organization behind a central vision. This vision should reflect the
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1) The article “The Sports Business as a Labor Market Laboratory‚” by Lawrence M. Kahn focuses on data on the rise and fall of rival sports leagues and the granting of free agency rights in professional sports and other things. I read pages seventy-five to eighty-three of the article. Overall‚ sports owners are a small and interconnected group. This suggests that they have the ability to band together and act as monopsonists in paying their players. A monopsony is a market condition that exists
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by their neighbours. This is more so because they share the relatively limited economic space in world markets. In this unit‚ we will compare India’s developmental experiences with two of its important and strategic neighbours — Pakistan and China. 10 C OMPARATIVE DEVELOPMENT EXPERIENCES OF AND ITS NEIGHBOURS INDIA After studying this chapter‚ the learners will • figure out comparative trends in various economic and human development indicators of India and its neighbours‚ China and Pakistan •
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10 accidental inventions that changed the world and in fact‚ experts estimate that between 30 and 50 percent of of all scientific discoveries are in some way accidental. the following accidental inventions from the past two centuries have changed the world in one way or another. 1. Matches Many of us wonder what life was like before electricity or the Internet (shudder)‚ but imagine life before matches. We’re talking magnifying glasses and flint. For those of us who like to create controlled
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Competing on Differentiation: Case of Ranbaxy Laboratories According to the case study‚ while other companies were driven by large R & D budget‚ Ranbaxy Laboratories attained success by developing capabilities in manufacturing and marketing‚ fanning out into seven developing market‚ and growth in strength in product engineering. The company aimed at being a low cost manufacturer to compete with global players in market abroad. It does so by employing to the concept of total activity cost
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CASE STUDY MEDMIRA LABORATORIES: THE U.S. OTC DECISION MARKETING PLANNING 1. WHAT CHANGES IN THE ENVIRONMENT MADE IT POSSIBLE TO CONSIDER THE LAUNCH OF AN OTC AIDS TEST? BE SPECIFIC. MedMira felt relevant changes in the environment that increased the viability of launching an OTC Aids test. Firstly there was advances made in anti-retroviral treatments that led people to stop facing the disease as a "death sentence" and consider it instead as a manageable chronic illness. Such change
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NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Learner: Jenn McReynolds THIS FORM MUST BE COMPLETELY FILLED IN Please Follow These Procedures: If requested by your mentor‚ use an assignment cover sheet as the first page of the word processor file. The assignment header should include the Learner’s last name‚ first initial‚ course code‚ dash‚ and assignment number (DoeJXXX0000-1) justified to the left and the page number justified to the right. Keep a Photocopy or Electronic
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How sensitive is return on capital to the forecast assumptions in case Exhibit 8? An increase in cash operating expenses decrease NOPAT‚ which in turn makes ROC extremely sensitive when this ratio goes up; in general when total operating expenses go up NOPAT goes down‚ thus ROC goes down. In addition if the COGS increase this drastically drops ROC. The total assets has a big impact on ROC an increase of 1000m increased ROC by a full 1.5 percent. The ROC is also very sensitive to the Price to Earnings
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