...OF QUESTIONS BY STUDYLEARNING OBJECTIVE AND BLOOM’S TAXONOMY |Item | |1. | |126. | |81. |4 |C | | | | Item |Type |Item |Type |Item |Type |Item |Type |Item |Type |Item |Type | |1 |TF |12 |TF |20 |TF |22 |TF |23 |TF |25 |TF | |2 |TF |13 |TF |21 |TF |3358 |MC |24 |TF |4873 |MC | |3 |TF |14 |TF |2954 |MC |3459 |MC |3560 |MC |4974 |MC | |4 |TF |15 |TF |3055 |MC |81 |ESS |3661 |MC |5075 |MC | |5 |TF |16 |TF |3156 |MC | | |3762 |MC |5176 |MC | |6 |TF |17 |TF |3257 |MC | | |3863 |MC |5277 |MC | |7 |TF |18 |TF | | | | |3964 |MC |5378 |MC | |8 |TF |19 |TF | | | | |4065 |MC |5479 |MC | |9 |TF |1742 |MC | | | | |4166 |MC |5580 |MC | |10 |TF |1843 |MC | | | | |4267 |MC |83 |ESS | |11 |TF |1944 |MC | | | | |4368 |MC | | | |126 |MC |2045 |MC | | | | |4469 |MC | | | |27 |MC |2146 |MC | | | | |4570 |MC | | | |328 |MC |2247 |MC | | | | |4671 |MC | | | |429 |MC |2348 |MC | | | | |4772 |MC | | | |530 |MC |2449 |MC | | | | |82 |ESS | | | |631 |MC |2550 |MC | | | | | | | | | |732 |MC |2651 |MC | | | | | | | | | |833 |MC |2752 |MC | | | | | | | | | |934 |MC |2853 |MC | | | | | | | | | |1035 |MC | | | | | | | | | | | |1136 |MC | |...
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...HEC Lausanne Corporate Finance Case 3: Marriott Corporation (A) Spring Semester 1. Project Chariot is proposed by MC’s CFO, Stephen Bollenbach, to face the troubles that Marriott Corporation (MC) is currently facing. A glimpse of history is useful to understand the current situation. MC’s main business is to develop hotel properties, to sell them to outside investors and to conclude long-term contracts. In the 70’s MC began to finance its expansion by major borrowings under the impulsion of the new president J.W Marriott, Jr. that abandoned the conservative financing policy of its predecessor (and father). In 1981 the Economy Recovery Tax Act (ERTA) gave enormous incentives for companies to invest (tax write-offs were given for each $ invested in real estate). This pushed MC to develop even more its activities for instance in lodging services or in full service compact hotel. Even though ERTA was ended in 1986 MC continued its massive investments, which lead to a significant accumulation of debt. This was not an issue since the revenue growth was able to sustain the also growing interest payments. Until the drop of income in 1989, which froze capital expenditures. Unfortunately for MC, it was followed by the real estate collapse in 1990 that left MC with massive interest payments for properties that no one wanted to buy anymore given the current economic environment. This situation results in an extremely limited ability for MC to raise funds in the capital market...
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...Conducting basic and applied research in management that explores and informs the creation, development and management of growth; * Providing degree programs that prepare our students to be effective managers and responsible community leaders with a deep understanding of the dynamics of growth in both a regional and global context; Partnering with business and community leaders through a shared commitment to exemplary growth; and Delivering educational programs to executives and the public at large that respond to the needs of our local, state, national, and international communities. Course description This course provides a foundation in theories of finance. Topics include time value of money, net present value analysis, security valuation, portfolio theory, asset pricing models, capital budgeting decision, capital structure decision, sources of financing for a...
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...INTERMEDIATE ACCOUNTING I (ACC 221) 21 Aug 2013 - 15 Oct 2013 TEACHER: Dr. Joseph L. Ilk, CPA, CMA, CVA, CPCM TELEPHONE: Office: (703) 805-4473 Home: (540) 582-6008 E-mail: jilk@nvcc.edu If you e-mail me, please put “ACC 221" and either "E40W" or "E80W" ” in the subject line. If you do not I will not recognize the e-mail and will delete the file. The student needs to put their First and Last Name in the e-mail so I know who it came from. OFFICE HOURS: Mon-Fri 8:00 p.m. - 9:00 p.m.I check my e-mail (jilk@nvcc.edu) every day. NOVA IT Helpdesk: (703) 426-4141 CONNECT HELPDESK: (800) 331-5094 PRE-REQUISITES: ACC 212 - Principles of Accounting II I. THE COURSE: ACC 221, intermediate accounting covers accounting principles and theory, including a review of the accounting cycle and accounting for current assets, current liabilities, and investments. Introduces various accounting approaches and demonstrates the effect of these approaches on the financial statement users II. SCOPE: The study will cover but not be limited to the following areas: Theoretical structure of financial accounting Time value of money Review of the accounting process Cash and receivables Balance sheet Inventories Income statement Plant, property, and equipment Cash flow statement Investments Income measurement and profitability analysis III. Course Learning Objectives: * Comprehend the environment and theoretical...
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...552. CHAPTER 5GROSS INCOME: EXCLUSIONS Question MC #1 The taxpayer’s marginal tax bracket is 25%. Which would the taxpayer prefer? a. $1.00 taxable income rather than $1.00 tax-exempt income. *b. $.80 tax-exempt income rather than $1.00 taxable income. c. $1.25 taxable income rather than $1.00 tax-exempt income. d. $1.30 taxable income rather than $1.00 tax-exempt income. e. None of the above. 553. CHAPTER 5GROSS INCOME: EXCLUSIONS Question MC #2 Cash received by an individual: a. Is not included in gross income if it was not earned. b. Is not taxable unless the payor is legally obligated to make the payment. c. Must always be included in gross income. *d. May be included in gross income although the payor is not legally obligated to make the payment. e. None of the above. 554. CHAPTER 5GROSS INCOME: EXCLUSIONS Question MC #3 Sharon’s automobile slid into a ditch. A stranger pulled her out. Sharon offered to pay $25, but the stranger refused. Sharon slipped the $25 in the stranger’s truck when he was not looking. a. The $25 is a nontaxable gift received by the stranger because Sharon was not legally required to pay him. b. The $25 is a nontaxable gift because the stranger did not ask to receive it. *c. The $25 is taxable compensation for services rendered. d. The $25 is a nontaxable service award. e. None of the above. 555. CHAPTER 5GROSS INCOME: EXCLUSIONS Question MC #4 Carin, a widow, elected to receive the proceeds of a $150,000 life insurance policy...
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...Contents CHAPTER 01 3 About the report 3 1.1Introduction 4 1.2 Origin of the Report 5 1.3 Literature Review 5 1.4 Objectives of the Study 7 1.5 Methodology/ Design of the Study 7 1.6 Limitations of the study 8 CHAPTER 02 9 Overview of management control systems 9 2.1Management Control Systems (MCS) 10 2.2Elements of Management Control 11 2.3Boundaries of Management Control 11 2.4 Benefits of management control systems 12 2.5 Limitations of Management control systems 12 CHAPTER 03 13 Management control systems and strategy: 13 A critical analysis 13 3.1 Relationship between Management control systems and strategy 14 3.2 Levels of strategy from organization point of view 14 3.2.1Corporate-Level Strategy 14 3.2.2 Business Unit Strategies 15 3.2.2.1 Business Unit Mission 15 3.2.2.2 Business Unit Competitive Advantage 15 3.4 Responsibility Centers 16 3.4.1 Nature of Responsibility Centers. 16 3.5 types of Responsibility Centers 17 3.5.1 Revenue Centers 17 3.5.2 Expenses Centers 17 3.5.3 Profit Centers 18 3.5.4 Investment center 21 3.6 Concept of Transfer Pricing in relation to Responsibility center 22 CHAPTER 04 23 Budgeting and performance measurement 23 4.1Budgeting as a Control Mechanism 24 4.2Business performance management 25 4.3Balanced Scorecard 26 CHAPTER 05 29 FINDINGS AND CONCLUSION 29 5.1 Findings 30 5.2 Conclusion 30 5.3Bibliography 31 CHAPTER 01 About the report 1.1Introduction To introduce this topic and understanding the...
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...Journal of International Business and Law Volume 7 | Issue 1 Article 3 1-1-2008 Management Controlled Firms v. Owner Controlled Firms: A Historical Perspective of Ownership Concentration in the US, East Asia and the EU Andrew C. Spieler Andrew S. Murray Follow this and additional works at: http://scholarlycommons.law.hofstra.edu/jibl Recommended Citation Spieler, Andrew C. and Murray, Andrew S. (2008) "Management Controlled Firms v. Owner Controlled Firms: A Historical Perspective of Ownership Concentration in the US, East Asia and the EU," Journal of International Business and Law: Vol. 7: Iss. 1, Article 3. Available at: http://scholarlycommons.law.hofstra.edu/jibl/vol7/iss1/3 This Article is brought to you for free and open access by Scholarly Commons at Hofstra Law. It has been accepted for inclusion in Journal of International Business and Law by an authorized administrator of Scholarly Commons at Hofstra Law. For more information, please contact lawcls@hofstra.edu. Spieler and Murray: Management Controlled Firms v. Owner Controlled Firms: A Historic MANAGEMENT CONTROLLED FIRMS v. OWNER CONTROLLED FIRMS: A HISTORICAL PERSPECTIVE OF OWNERSHIP CONCENTRATION IN THE US, EAST ASIA AND THE EU Andrew C. Spieler* & Andrew S. Murray" ABSTRACT This paper will present a historical perspective on the relationship between owner controlled firms and management controlled firms in the US, Europe, and East Asia, and the degree to which concentration...
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...existing shareholders who may realize capital gains from stock appreciation. Our analysts hypothesize that CFO Stephen Bollenbach’s proposal, Project Chariot, will ultimately satisfy its outstanding debt payments to creditors in the long term despite an imminent credit downgrade, and more than anything leave shareholders extremely pleased. Project Chariot: A Brief Overview Stephen Bollenbach is proposing Project Chariot in an effort to combat the problems causing Marriott Corporation (MC) severe financial distress. The most immediate problem to fix is MC’s debt issue. Economic downturns in the 80s and the 1990 crash of the real estate market have left MC with debt issues that have weighed heavily on the company. Once the debt issues are resolved, Marriott Corporation will be able to raise capital. The new company will have the ability to take advantage of investment opportunities to which a non-restructured MC would not have access. As far as the plan itself, Project Chariot proposes to split MC into two companies; Marriott International, Inc. (MII) would revolve around lodging, food and facilities management businesses, and life-care facilities, and Host Marriott Corporation (HMC) would deal with MC’s real estate holdings and other properties...
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...[pic] UNIVERSITI SAINS MALAYSIA School of Management BACHELOR OF MANAGEMENT Semester II, Academic Session 2012/2013 COURSE OUTLINE ATW108 – MACROECONOMICS ZAINON B HARUN Tel: ext. 2532 Room no. 122 h/p 019-577-2882 e-mail: zainon@usm.my DR TAJUL ARIFFIN MASRON Tel: ext 5158 Room no. 110 e-mail: taj.arif@yahoo.com OVERVIEW The ideas of economist and political philosophers, both when they are right and when they are wrong, are more powerful that is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. John Maynard Keynes (1883-1946) Two fundamentals facts together constitute the economizing problem and provide a foundation for economics: Society’s economic wants and Economic resources. Individuals and institutions have innumerable unfilled wants and creating unstable economic conditions. Macroeconomic is concerned with the behavior of the economy as a whole; instead of focusing on the factors that influence the production of particular products and the behavior of individual industries, it focuses on the determinants of total national output. Macroeconomic is concerned with the decision. Decisions to achieve the economic goals, Sustainable economic growth...
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...ESPN’s Monopoly Embry-Riddle Aeronautical University xxxxxx Charge the highest price per unit at which this quantity of output can be sold or charge prices within demand? No matter the choice taken, ownership will always belong to the monopolist. According to Roger A. Arnold, a monopoly is a market structure in which there is a single supplier of a good or service. Also, a firm that is the single supplier of a good or service for which there are no close substitutes. Monopolies form when there is no competition between a leading firm and other companies, which allows the leading company to charge unreasonable high prices. Although monopolies are forbidden, since the U.S. government first outlawed monopolies in the 1890s, there are companies to this day that still have control over virtual monopolies in their firms. A journalist, who wrote the ‘3 Companies That Have Monopolies In The United States’ article, explains that monopoly owned companies dominate their respective markets and have no significant competitor. For instance, should ESPN be allowed to have their monopolized network for all things sports? In order to retain a monopoly, the ESPN company must prove the theory of monopoly, monopoly pricing, and output decisions by taking over the sports market. Sport marketing is a sector of marketing, which emphases both the promotion of sports’ events and teams along with the promotion of sports’ products and services. The sports market contains a distribution service,...
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...MCS*2100DE Personal Finance Management Case study Jane inherited $30,000 from her grandmother. She plans to invest it for a future down payment on a house. She is currently a young single living in downtown Toronto. She plans to remain in downtown Toronto for the next 3 or 4 years. At that point her plan is to travel for 6 months to 1 year. When she returns to Canada she hopes to obtain a job outside of Toronto area and purchase a home. She is relatively conservative and would rate her risk level as 4 out of 10 (10 being the highest level). She does not want to lose the $30,000 she received from her grandmother. She is interested in obtaining tax relief on her investment but does not want to spend much time managing her investment-about 1 hour per month. She currently has an adequate emergency fund so she likely will not need to access these funds. She is saving money from her income for her travels. Now please answer the following questions: Do you think she should invest in debt or equity securities or both? (2 marks) Once you have decided your answer to Question 1, pick a specific investment choice or choices that you think would meet her objectives. For example, GIC’s, bonds, blue chip stock, dividend stock, growth stock, money market funds, equity funds, etc. (3 marks) What criteria have you used to evaluate the investment choice or choices you picked for her in Question 2? (5...
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...MCS*2100DE Personal Finance Management Case study Jane inherited $30,000 from her grandmother. She plans to invest it for a future down payment on a house. She is currently a young single living in downtown Toronto. She plans to remain in downtown Toronto for the next 3 or 4 years. At that point her plan is to travel for 6 months to 1 year. When she returns to Canada she hopes to obtain a job outside of Toronto area and purchase a home. She is relatively conservative and would rate her risk level as 4 out of 10 (10 being the highest level). She does not want to lose the $30,000 she received from her grandmother. She is interested in obtaining tax relief on her investment but does not want to spend much time managing her investment-about 1 hour per month. She currently has an adequate emergency fund so she likely will not need to access these funds. She is saving money from her income for her travels. Now please answer the following questions: 1. Do you think she should invest in debt or equity securities or both? (2 marks) 2. Once you have decided your answer to Question 1, pick a specific investment choice or choices that you think would meet her objectives. For example, GIC’s, bonds, blue chip stock, dividend stock, growth stock, money market funds, equity funds, etc. (3 marks) 3. What criteria have you used to evaluate the investment choice or choices you picked for her in Question 2? (5...
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...Second worker dies after mishap at TCL | | ------------------------------------------------- Top of FormBottom of Form | Home | News | Business | Sports | Finance | | Editorial | Commentary | Opinion | | Features | Entertainment | Photo Gallery | | Sports Arena | Womanwise | Business Guardian | Guardian In Education | | Letters | Online Community | Death Notices | | Advertising | Classified Ads | Jobs in T&T | Contact Us | | Archives | Privacy Policy | | | | | | Veno Balgobin speaks at his Mc Bean Village, Couva, home about his brother Sunil, inset, an Insertec employee who succumbed yesterday to injuries sustained after a fall at a TCL plant on Monday.Sunil BalgobinPhoto: Adrian BoodanBY RADHICA SOOKRAJMore than a dozen TCL contract workers, who had gone to donate blood at the Augustus Long Hospital, broke down in tears yesterday on hearing that their co-worker, Sunil Balgobin, had died.Balgobin, 30, of Sonny Ladoo Road, Mc Bean Village, Couva, died at hospital around midday, following a mishap at his workplace. He suffered broken legs, spinal injuries, a broken collar bone, a broken hip and head injuries, when he fell down a flight of stairs at TCL’s Packing Plant 2 the day before.The incident occurred around 6 pm on Monday. Balgobin had worked as an electrician with Insertec (Caribbean) Ltd for more than a year. Insertec had been hired by TCL to do electrical work at the plant...
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...the employees from the irrelevant goals, to cut short he/she should provide him a podium to aid him headway with a sanguine attitude.” Leaders Role: To implement the idea the companies either need to train the existing leaders or higher new ones which are having such qualities. As Barbara Kellerman in her book “the end of Leadership”, says “Teaching how to lead is where the money is,". In current eon, the utmost important practice that every organization should adopt is to have their employees satisfied yet motivated only then you will be able to achieve sky high profits. We have many examples like 3M Corp. there is a creative time for them in which they are allowed to invent small things the sticky note was one of the ideas. Now the question is why the companies need to engage their employees in such activities? The answer is simple take any industry the trends are on a continuous go, first the features or the benefits that were the part of the augmented product now are essential feature of the core ones. According to William B. Werther & L.Kerr you donot need to have a single competency in order to have competative advantage it’s the...
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...Question 1 Companies create ad campaign is to create the awareness of their brand. To communicate to their target audience what is their product, price, place and promotion. Marketers use and coordinate many different forms of communication with consumers. To create a brand they need tools or instruments or in marketing collective terms we called it Marketing Communication (MC) functions. MC functions consist of advertising, public relations, sales promotion, direct marketing, personal selling, packaging, events and sponsorships, and customer service. However these functions needs integrated marketing communication (IMC) media to execute the message across to its target audience. Usually the forms of media the marketers use are through TV, radio, newspaper, magazines, outdoors boards, Internet mail and telephone. These functions and media assist to build the brand by connecting the company with its target audience. IMC is a notion that manages the process for planning, executing and keeping track the brand messages that create brand-customer relationships. Integrating which means combining of separate parts into a unified whole, the marketing communication may result in advantages. It helps to companies to stand out from competitors by being more customers focused. It also enhances accountability as relationships with the customer can be seen through the results in sales and profits. It also enhances the brand trust of the company, as they are more focusing on the relationship...
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