ISDS 7450 (Web) 11/19/12 Final Exam Review • 25-30 questions • Multiple choice and a couple of short answer questions • BRING LAPTOP - Exam will be taken by student on person laptop. KPIs/Metrics - Are the ones that lead to some kind of clear action. It doesn’t do us any good if these metrics and KPIs don’t improve anything for us. Clear opportunities to do something and its something that the company can control. Not all external AB & Multivariate Tests & DOE - DOE main point
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ANSWERS to Homework #7 E201 Spring 2009 1. If the government places a $500 tax on luxury cars‚ will the price paid by consumers rise more than $500‚ less than $500‚ or exactly $500? Explain. Price will rise by less than $500. The only way price could rise by exactly $500 is if demand (or supply) is perfectly inelastic. 2. The FICA tax funds Social Security programs. Congress established a 15.3% FICA tax rate; by law‚ the tax burden is split 50-50 between employer and employee. So‚
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Budget Management Analysis Juan Vazquez-Nieves HCS 571 August 27‚ 2011 Tamica Lewis Abstract A budget is an instrument used to help managers ensure that the resources used effectively and proficiently toward the goals of an organization. A budget projection can be made on a yearly base depending on previous year or existing one. They can further be broken down quarterly or monthly depending on it use. Generating a budget is complex undertaking‚ and for a budget to be effective the organization
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PLEASE DO NOT WRITE ON THIS EXAMINATION FORM. 1. Which of the following statements is correct? a. Real GDP is the total market value of the final goods and services produced in America for sale in a year valued in the prices of 1992. b. Your buying stock in the stock market is an example of investment spending c. Potential Real GDP is always greater than Equilibrium Real GDP d. Social security and welfare are examples of spending on infrastructure
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1. Choosing Prices to maximize Revenue/Profit: EXAMPLE/ The Village of Oakland Township made an offer to both the Detroit Pistons and the Detroit Lions to relocate. While both teams charged "monopoly prices" for the average ticket to a game at their original suburban locations‚ the Lions did relocate‚ and cut average ticket prices to the Cournot competitive levels. The Pistons’ demand function is given by: QP = 200 - 6PP + 2PL‚ while that of the Lions is given by: QL = 150 + 2PP - 5PL‚ where
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Le PHIL 301 Professor Stieb Midterm Exam‚ May 2‚ 2013 1/ What is ethics? What are some common ethical types? Why do business people need it? Can ethics be taught to people? Ethics is a study of morality‚ stems from the ancient Greek “ethos” meaning custom or habit. It is a study of theories concerning what is good and evil in human conduct. There is no particular set of laws defining what is ethical and what is not‚ because there is no right or wrong answer. The second sense of ethics speak of
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Lindstrom Item Final Examination August 2011 9 Duration: 180 minutes (3 hours) 63 6 D mI Examinations Aids: te Non-Programmable Calculators I This examination paper consists of 16 pages and 8 questions. Please bring any discrepancy to the attention of an invigilator. The number in brackets at the start of each question is the number of points the question is worth. Answer all questions. D 29 76 I To obtain credit‚ you must give arguments to support your answers. er Score
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SEC578 Final Exam Study Guide YOU MAY WANT TO PRINT THIS GUIDE. 1. The Final Exam is "open book‚ open notes." The maximum time you can spend in the exam is 3 hours‚ 30 minutes. If you have not clicked the Submit For Grade button by then‚ you will be automatically exited from the exam. In the Final Exam environment‚ the Windows clipboard is disabled‚ so you will not be able to copy exam questions or answers to or from other applications. 2. You should click the “Save Answers” button in the exam
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Final Exam Study Guide The following are broad / general questions that students should be able to answer after having completed this course. Note that these are not specific questions taken from the final exam; these questions are to be used as a guide to judge how well you know the material. (NOTE: Did you notice the specific study strategy that is encouraged by the format of this study guide?) Success in College What are the different types of learning styles? Why can failure be a good thing
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FINAL EXAM MATERIAL Lecture notes: see Blackboard Tutorial problem sets: see Blackboard Book chapters: Varian‚ 8th ed. 1 The market 2 Budget constraint 3 Preferences 4 Utility 5 Choice 6 Demand 8 Slutsky equation (no algebra required) 14 Consumer’s surplus (no algebra required) 15 Market demand 18 Technology 19 Profits maximisation 20 Cost minimisation 16 Equilibrium 31 Exchange and Welfare Theorems (no algebra required)
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