Part1 7. Why are the following “effects” considered efficient market anomalies? Are there rational explanations for any of these effects? a. P/E effect. P/E effect can be considered as efficient market anomalies that can’t be explained by CAPM. If two firms have the same expected earnings‚ the riskier stock will sell at a lower price and lower P/E ratio. Thus the low P/E stock will have higher expected returns. P/E acts as a useful additional descriptor of risk‚ and will be associated with
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What is IMC and what is the purpose of it? Coordination/integration of all mktg comm.. tools/channels/sources within company into seamless program using minimal cost Maximizes impact on all relevant internal/external audiences Purpose generate ST financial returns and build LT brand value The Promotional Mix Advertising Paid form of non-personal communication Direct Marketing Direct mail‚ catalogs‚ telemarketing‚ etc. Interactive/Internet Marketing Back and forth- users participate and
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Chapter 12 National Income Accounting and the Balance of Payments National Income Accounts Gross National Product is the value of all final goods and services produced by its factors of production and sold on the mkt in a given time period. It can be divided into: 1. consumption 2. investment 3. govn’t purchase 4. current account balance Capital Depreciation and National Transfers GNP has to be equal to national income. In order for this to hold we need to make some adjustments
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Chapter 7&8 – International Market selection and Entry Approaches to market selection ← incremental entry vs simultaneous entries ◦ incremental → usually for small companies with fewer resources that wants to lower their risk preclude economies of scale. ◦ simultaneous → extensive resource thus‚ resulting in higher operating risk‚ may decide to leverage across asia pacific area‚ facilitate economies of scale. ← Concentrated approach vs diversified approach ◦ concentrated
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(abnormal return‚ efficient mkt makes unpredictable) Rt= Rft + B(Rmt – Rft) Weak: past market info‚ weak form efficiency‚ tech analysis will fail Semi-Strong: all public info‚ repurch info‚ semi strong form efficiency‚ fundamental analysis will fail Strong: all information‚ inside info‚ strong form efficiency Examine mkt info: can it be used to generate higher return than justified given risk? (abnormal return) Abnormal Return= Rt – (Rpt + B(Rmt-Rft)) =0?‚ if +/- mkt is inefficient Capital
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Official Languages: Uruguayan Spanish Currency: Uruguayan peso (UYU) Capital: Montevideo Population: 3.4 million GDP (by PPP): US $40.7billion (2010) Submitted By: Group – M1 – 3 Sowmya Amin – Mkt-01 Chirag Gahlaut - Mkt-13 Darshan Gandhi – Mkt-15 Kavan Jani - Mkt-19 Tanvi Moolur – Mkt-36 Uruguay Business Etiquette Uruguayans pride themselves on being very European in attitude and conduct business accordingly. It is a stable country with a strong middle class and a good place for
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(EMBA)‚ SUMMER 2013 | | | |Days |Course ID |Course Title |Course Instructor |Time |Room no | |Thursday |MKT 701 |Marketing Management |TBA |6:30 PM - 9:30 PM |UB 0901 | |Thursday |MGT 701 |Management of Organisation
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MBA Assignment 2nd Mid Makeup Chapter 6 Summary: Listening to Customers Through Research Understanding customer expectations is required for delivering superior service. The chapter states that the customers compare perceptions with expectations when judging a firm’s services. However‚ the nature of customer service expectations and how they are formed has remained ambiguous. Researchers have defined customer service expectations in a variety of ways but with no conceptual framework to link different
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Chapter 2 Opportunity cost of capital – rate of return expected to be received from alternate investments forgone. NPV – Present value of cash flows less the cost of acquiring the asset acquire assets with positive NPV‚ positive NPV = good project Rate of Return = profit/cost or investment (good investments have higher rate of return than opportunity cost) Higher discount rate ( lower discount factor (lower NPV Investment Decision Rules: 1. accept if positive NPV 2. accept
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MKT 411 – Supply Chain Management FINAL TAKE-HOME EXAMINATION – Fall 2014 Instructor: Dr. Alex Ellinger Exams due no later than 3:30 pm on Wednesday‚ December 10th Please Read These Directions Carefully: Put your Campus ID number (NOT YOUR NAME) and the title of your paper in the header and Page #’s on the footer. (No title page needed) Submit no more than 5 pages double-spaced size 12 font inclusive of title (plus an additional page for your references (that should be in the same format
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