Chap 1: A system is a set of steps (process) put together to accomplish a task. An information system (IS) is an arrangement of people‚ data‚ processes‚ and information technology that interact to collect‚ process‚ store‚ and provide as output the information needed to support an organization.Types of IS : A transaction processing system (TPS): captures and processes data about business transactions. A management information system (MIS): provides for management-oriented reporting based on other
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strategies for growth: ee market penetration‚ ne market development‚ en product development‚nn diversification downsizing: eliminate products/units that are not profitable/no longer fit the overall strategy prod and serv lvls of prod core cust. value > actual prod: features‚ design‚ packaging‚ quality‚ brand name > augmented prod: warranty‚ after-sale serv.‚ prod support‚ delivery/credit prod+serv class consumer prod: convenience‚ shopping‚ specialty‚ unsought industrial prod: materials+parts‚ capital
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Important Things To Know * Markup = P-MCP= -1price elasticity of demand * Market demand = firm’s demand for a monopoly ONLY * TR=aQ-bQ2 and MR=a-2bQ * Monopoly output is ALWAYS LESS than competitive output * Colluding leads to the ideal situation (illegal) * MC=WMPL * X=aa+b×MPx or Y=ba+b×MPy * Y = M/Py – (Px/Py)X * Isocost Line: C(Q)=wL+rK | Variation: K=TCr-wrL | Slope: -(w/r) * Isoquant Slope: -(MPL/MPK) | MPLMPK=aKbL=∆K∆L * Optimal cost-minimization:
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Notions of ‘systems’ as ‘complex wholes’ abound; ‘systems of interest’ to engineers are understood in a distinctive way. We reveal our systems thinking through language‚ images‚ models‚ specifications & references that assist understanding. We rely on ‘user‐judged’ words such as system‚ project‚ risk‚ network‚ reliability‚ environment‚ need‚ effectiveness. Their meaning is socially constructed – even within a single discipline. System a system is a set of interrelated components working together
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Biology Midterm Review Sheet *** This is a general review sheet. It covers the main concepts from each chapter. You should also review your notes‚ vocab notecards‚ quizzes‚ tests‚ and labs to thoroughly prepare for this exam. The midterm will consist of 80 multiple choice and 8 free response questions. Note: For the midterm you will need a blue or black pen‚ a pencil‚ and a calculator. What you should focus on from the textbook: Unit 1- Introduction to Biology (ch. 1) Independent vs
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Chapter 4: § 1031: Like-kind exchange. Realized gain or loss is deferred until the property is sold. § 351: Gain or loss is not recognized from property exchanged for stock that results in corp control 80%. (Cash or boot is still recognized; stock”qualified preferred‚ stock rights‚ stock warranties)(Transferor must transfer prop10% services) §357(a):Liability in §351‚ liab not treated as boot for gain recognition purposes. (S/H basis‚ boot is included; Corporation basis‚ reduced by liab assumed)
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Specification Point: Notes: The major features of science. Objectivity – objective knowledge should be free of opinion or bias and based purely on empirical evidence. Replicability – the ability to check and verify the information by repeating a study. Falsifiability – the ability to demonstrate that a theory is wrong. Validating new knowledge and the role of peer review. New knowledge is published in scientific journals which act as permanent records of research. It is checked by professionals
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Associated Press Style Quick Reference Guide ● To subscribe to The Associated Press Stylebook online‚ or to find out about purchasing hard copies of the book‚ start here. ● To find out about StyleGuard for Word‚ start here. ● For slide presentations of AP Style basics‚ go here. Style Rules Examples Academic degrees ● Use an apostrophe and spell out academic degrees She has a bachelor’s degree. ● Use abbreviations for degrees only when you need to include a list of credentials after a name;
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Statement R Decrease Increase Expense E Increase Decrease Balance Sheet 2‚000 Pg. 60 DR…. To the Left CR…. To the Right Pg. 62 Current Ratio (#) = Current Assets Current Liabilities Pg. 69 More stringent test of liquidity Net Working Capital ($)= Current Assets – Current Liabilities Pg. 69 Expense Accts Equity Accounts CR Normal DR FSET Template-Balance Sheet Transaction 522 Net Income Dividends Measures Solvency (Ability to avoid
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FINS2624 MIDTERM S1‚ 2015 FAMILY NAME OTHER NAMES STUDENT ID SIGNATURE THE UNIVERSITY OF NEW SOUTH WALES SCHOOL OF BANKING AND FINANCE FINS2624 PORTFOLIO MANAGEMENT MID-TERM EXAMINATION - SEMESTER 1‚ 2015 TIME ALLOWED: 2 HOURS AND 30 MINUTES To make sure that we can identify your exam if your student ID number is hard to read‚ please tick the boxes below to fill in your seven digit student ID number. Detailed instructions are on the next page. 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 Page 1
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