Chapter 1 Answers to End of Chapter Questions 1. Agency Problems of MNCs. a. Explain the agency problem of MNCs. ANSWER: The agency problem reflects a conflict of interests between decision-making managers and the owners of the MNC. Agency costs occur in an effort to assure that managers act in the best interest of the owners. b. Why might agency costs be larger for an MNC than for a purely domestic firm? ANSWER: The agency costs are normally larger for MNCs than purely domestic firms for the following
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a. The risk that Spring Water face is residual risk. Residual risk is the risk that remains after management implemented internal control or taken some response to inherent risk. In this case‚ Spring Water Spa Company already applying internal control activities in their daily operation so that to reduce inherent risk that may bring harm to their company. b. In the sales/cash receipts system of Spring Water‚ there were 3 different levels of authorized people doing their respective independent
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KNOWLEDGE QUESTIONS Unit: SHC 52 Title: Promote professional development. Question 1 Explain the importance of continually improving knowledge and practice. Professional development can said be the essential component of organizational success; it is a planned process of increasing and improving capabilities of staff. Professional development is enable an organisation to keep up to date proactively so that there service is relevant and appropriately. According to (Schon‚ 1973‚ p.28; Harrison
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Resource: Module 4 of Psychology and Your Life Write a 200- to 300-word summary describing a time when you had to test a theory. This theory may be something you have tested at work‚ school‚ or at home. Answer the following questions in your summary: What type of informal research method did you use? How was your research method similar to research methods used by psychologists? If given another opportunity‚ what would you have done differently? Describe one ethical issue mentioned
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Data communications systems and ICT innovations (Section 2) In your own words‚ answer the following questions based on your notes‚ research and classroom discussions. You may require to use external sources to support your discussion. Please reference such external resources accordingly. In your own words‚ discuss at least six examples of the benefits to organisations of computer networks over conventional communication methods. (6) The beneits to organisations of omputer
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Centre Number Surname Other Names Candidate Signature Candidate Number For Examiner’s Use Examiner’s Initials Question Mark General Certificate of Secondary Education June 2011 1 2 3 4 5 6 Design and Technology: Graphic Products Unit 1 Written Paper Friday 10 June 2011 1.30 pm to 3.30 pm 45501 7 For this paper you must have: a black fine-line pen‚ a pencil‚ a ruler‚ an eraser‚ a pencil sharpener and coloured pencils. TOTAL Time allowed 2 hours Instructions Use black
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Tutorial Questions 1. Briefly comment upon the learning outcomes from your perspective from last week’s tutorial exercise. Last week tutorial activity is required to think of every possible cost would be happened in the process of delivering an event. Budgeting is to deal with the financial management applying the financial tools and techniques. It is significantly to make decision on each segment‚ such as staff‚ venue‚ to ensure the resource is efficiency to use. 2. Briefly define three of the
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QUESTIONS 1. Look back on John’s Newspaper advertisement. a. Critique his advertisement. What was wrong with his ad? Explain clearly why those factors you have identified are considered as errors and link those errors with its effects/consequences in the recruitment process. There’s only one thing that is wrong on his ad‚ his ad is too broad it should be narrowed down. Having a broad kind of ad inspires lots of applicants‚ applicants who are both qualified and not qualified for the job. With
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Kyara Santos Lab Questions: 1.Describe some of the influence of Latin music in the US in the early part of the twentieth century.Latin music started a new type of music‚ Jazz and Afro-Cuban Jazz. 2.What was the significance of "Machito and His Afro-Cubans"? “Machito and His Afro-Cubans” created Afro-Cuban Jazz. 3.How did Dizzy Gillespie incorporate Latin music into his music? Gillespie invited a player named Chano‚ who was from Cuba‚ and they worked together. 4.What was
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QUESTION 21 The finishing process on new furniture leaves slight blemishes. The table below displays a manager’s probability assessment of the number of blemishes on one piece of new furniture. Number of Blemishes 0 1 2 3 4 5 Probability 0.34 0.25 0.19 0.11 0.07 0.04 1. On average‚ how many blemishes do we expect on one piece of new furniture? 2. What is the variance of blemishes on one piece of new furniture? (round to the nearest hundredth) QUESTION 22 The probability
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