...Semester 9. Objective of subject Economics subject aims to provide students with a basic introduction to the essential principles of Economics. In addition, it also provides students with the analytical tools necessary to understand both the domestic and international economic environment within which business organisations (public and private) operate. 10. Synopsis of subject The important reasons to study economics are to learn a way of thinking, to understand society, and to understand the global affairs. 11. Details of subject Week 1 Contents TOPIC: INTRODUCTION TO ECONOMICS Learning Outcomes: After attending the lesson, the students should be able to: • • • • • outline the reasons to study economics identify the scope and diverse fields of economics explain scarcity, choice and opportunity cost illustrate production possibility frontier compare and contrast types of economic systems Hours 3 Foundation Studies in Business, Stamford College Petaling Jaya 1 Activity: Tutorial questions Further reading for this lesson: Chapters 1 and 2 th Case, K. E., & Fair, R. C. (2005). Principles of Economics (7 ed.). Prentice-Hall. Chapter 1 th Sloman, J. (2003). Economics (5 ed.). Prentice-Hall. Week 2 TOPIC: THEORY OF DEMAND AND SUPPLY Learning Outcomes: After attending the lesson, the students should be able to: • • • • • define and explain the concepts of demand and supply identify the determinants of demand and supply distinguish between shifts of versus...
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...1.2 Case Study: Whither an MBA at Strutledge By: Ashley Tinkham 1.2 Case Study: Whither an MBA at Strutledge Tinkham, 1 President of Strutledge, After reviewing the Board of Regents’ plan and reasons behind the desire to implement an MBA program at Strutledge I have determined there to be a lack of information to make a decision at this time. The information to make a supportive decision on whether to implement an MBA program is not sufficient enough and increases the risks of failure of the program. Failure or an unsuccessful implementation of an MBA program at Strutledge can be catastrophic to the reputation of the school. Thus making the situation of rising costs and decreasing enrollment worse. The Board of Regents could be on the right track of implementing a MBA program to attract more students but this can only be determined through data. The question that truly needs to be answered is if the area needs or desires a MBA program and only if the answer is yes to that question should the idea of implementing an MBA program be explored as an option. My suggestion is that the Board of Regents organize their thoughts around why they think an MBA program would be beneficial to Strutledge. From what I can gather an MBA program would help to attract students who have already graduated from their undergraduate studies and are looking for more, but how else would it benefit Strutledge? When considering implementing...
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...FOUNDATION EXAMINATION Exam Bank 007 – December 2013 Business Studies 1 MARK SCHEME BELLERBYS COLLEGE FOUNDATION EXAMINATION SECTION A – SHORT ANSWER QUESTIONS Answer ALL questions in this section. 1. Name two things that should be present in a good business plan. Executive summary, location, marketing, finance, financial forecasts, personnel Any other reasonable answer should be accepted. 1 mark per relevant point given. (2 marks) 2. Using an example for each point, identify and explain one reason for business success and one different reason for failure. Note: the reason for success should not be repeated as a reason for failure, for example, good entrepreneurial skills (reason for success) bad entrepreneurial skills (reason for failure). Possible answers include: Reasons for success: Excellent entrepreneurial skills Good business plan Marketable products Good budgeting skills Reasons for failure: Poor planning Inexperience Harsh external economic climate Fierce competition Lack of cash flow Any reasonable answer should be awarded marks. 1 mark for identification, 2 marks for a reasonable/good explanation and the full 3 marks given for an excellent explanation with relevant examples. (6 marks) Questions continued on next page Business1-JP-L-007 Page 2 of 15 BELLERBYS COLLEGE FOUNDATION EXAMINATION 3. Give one example of a good SMART objective. For example, to increase market share by 15% by January 2015. 1 mark for a partial example...
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...Volume 8, Number 16 (2013) pp. 1871-1878 © Research India Publications http://www.ripublication.com/ijaer.htm Case Study of Solid Waste Management at a College Campus Abhilash Krishna, Krishna Nandanan, Pradeep Kumar S.S. and Srihari K.S. Department of Electrical and Electronics Engineering, Amrita School of Engineering, Coimbatore, India. Abstract This paper examines the technical, economic and environmental aspects of the waste management techniques practiced at an educational campus in South India. It encompasses the entire spectrum of waste collection, segregation, reuse, recycle, incineration and landfill. An in-depth analysis of this process has been done as it helps to both emulate and improve this complex yet essential practice. The study involves interaction with people directly associated with this process by which a clear understanding of the technical and management aspect of the entire process can be obtained. It has also provided a substantial amount of raw data regarding the amount and types of waste generated, labour, cost and other related aspects. Appropriate suggestions and justifications had been put forth to improve the efficiency of the system. Keywords: Bio-degradable waste, compost, non bio-degradable waste, waste management. 1. Introduction A sample population of 8000 people in a 450-acre college campus had been considered. The college campus is located in a nondescript village in South India. In such a populous community, generation of large amount...
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...of tuition fees in all forms of education, including Universities and higher education institutions. In a country like the Philippines tuition fee is a very sensitive thing for every Filipino once it increases a wave of reaction follows. It’s no surprise since the country is still in developing state and probably millions still under the poverty line defining the economic status of every Filipino. When we have a closer look of the problem you probably see the reality in which it affects as much as tuition fee is concerned, the academic performance of students. Students who choose to stay in school may have to work longer hours at more demanding jobs to cover their expenses. This can interfere with academic performance. A 2002 study by the State Public Interest Research Group's Higher Education Project found that working full-time can harm grades. Forty-two percent of survey respondents reported that working hurt their academic progress, and 53 percent reported that work limited the classes they could take (Global Post ). In United States, tuition increase have caused chronic controversy since shortly after World War II. It was during a time when the workforce was slow from the aftermath of war and higher education was blooming in order to pursue more knowledge in hopes of finding a successful, stable career. Many families went into debt in...
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...Sanders HCM-540, MBOL5, Health Care Organization Instructor: Wenyuan Teng Saint Leo University Distance Learning November 3, 2013 Abstract A college board in Pennsylvania has increased its tuition and fees to the amount of $23,460; a 17.6 increase from the previous year. An increase of 200 additional students inquired to further their education at the college than the prior year. Most college presidents would attribute this to students believing the college is better if the cost is more. Like other major colleges such as Rice University, University of Richmond and University of Notre Dame, the perception is students of prestigious schools believe costs are related to a better education. To contrast this, 10 years ago, North Carolina Wesleyan College reduced it cost of tuition and fees by 22 percent and watched its number student application fall. Recommendations to resolve the school’s cash flow problems may include the future increase of tuition and fees. This case study deals with the managerial decision of setting tuition and financial. Many factors are associated with demand and price elasticity of demand. There is an economic relationship between demand and price? After reading this paper, student will have a better understanding of those things that may affect tuition and fees for colleges. Introduction An individual can demand so many things. The concept of demand can be easily explained. Every person has a demand. The purchasing power of a demand...
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...Deograsius Ssesimba Case study, MicroFridge; The Concept The Microfridge, Is a devised electronic circuitry that shuts off power to the refrigerator whenever the microwave oven is switched on and pulls less than 20 amps of current, is a 1+1>2 device which can offer those who are in concern of using electronic appliances safely like college students and retailers a safer, more convenient and inexpensive combination of microwave and fridge. For college students: Exclusivity: This microfridge is meant for individuals they own this during their study period. It helps them to get free from dependency on college mess. They need not to stick to college timings to care for food. They can have any food at any time of their own choice. Cost Savings: As microfridge is cheap and can be used for multiple purposes so they are having cost savings as compared to purchasing separate fridge and oven. Also they can have food own their own without fear of fire and also allows safe cooking in the student’s room. Time Savings: As students have to move to college mess for food and wait in queue for their turn, all they have to do is put food in oven and utilize the time till food is ready for some other useful purpose. Lesser worry :Parents have no worry about their children when they are away like whether they have had food or not and what quality of food they are having as they knew that they can have packed food and get it warm at any time. At same time parents are free from thinking...
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...5/27/2013 ENG 111 Outline Quiz What are the benefits of attending a community college? Attending Community College has many benefits that a lot of future students overlook. In some cases this may be true because of the lack of knowledge of the available benefits that the colleges have to offer, especially when you’re coming straight out of high school or returning to school years after you have graduated from the 12th grade. But in the foremost case, students usually elect to take the four year University Degree, in some cases this may be wise, but people should give more consideration to attending Community College, because of the ease of attending, the lower cost and the flexibility of the classes. One of the best things is there are no enrollment essays to submit for admissions like you have in your Universities like Harvard or UNC. The test scores whether high or low still allow you to attend the school at different levels until you achieve the college course status. Then there is registration which is very easy with its open admissions policy that allows all to attend and achieve successfully. Another good thing about attending Community College is the residence cost for each credit hour is lower that the Universities. With the cost of living this is a plus for State residence. Then to subsidize the cost further you have the opportunity to apply for Pell grants (non- loan payment) to help with the cost of your books and course expense. This is good for when you want to save...
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...The high cost of college, student’s work ethic, and their lack of preparedness are all factors that are causing American students to have higher drop our rates compared to other countries. A study done at Harvard University showed that nearly half of America’s college students drop out before receiving a degree. The reason for these students to be dropping has to do with failing. They are not able to keep their grades high enough to even receive a degree. As stated earlier there are many factors that contribute to a student’s success in college. One of the reasons why students fail college is due to the fact that many teenagers are simply not ready for the rigorous schedule that comes with being a college student. It’s a major transition from high school to college. Students leave there home, high school friends, and are taken out of their comfort zone. They are forced to balance their schoolwork and other activities on top of making major decisions that will affect their career. In some cases, students just aren’t mentally, emotionally or academically ready to succeed in...
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...The MBA Decision Case Study Analysis 1 Philip Bard Potomac College – BUS503: Managerial Finance June 9, 2013 Rob Shah Abstract The purpose of this paper is to summarize the Case Study The MBA Decision. This case discusses the educational options for 28-year-old, Ben Bates. The purpose of this paper is to analyze Ben’s school options and make the decision that is going to be the most fiscally responsible in the long run. This decision will be achieved by answering the 6 questions at the end of the case study. The MBA Decision Case Study Analysis 1 This Case Study discussed the decision of which MBA program potential student, Ben Bates, should attend. Ben is satisfied with his current job, but wants to achieve his goal of becoming an investment banker. He feels that an MBA degree would allow him to achieve this goal, and has narrowed his school choices down to two options. Many factors are being considered by Ben, such as his current salary, tax rates, program prices, supply costs, health care costs, and future salaries as well as signing bonuses. In this case, Ben is 28 years of age and graduated from college when he was 22. He also currently has enough money in his bank account to pay for either of the MBA programs that he is exploring. “… and expects to work for 40 more years. His current job includes a fully paid health insurance plan…” (Ross, Westerfield, and Jaffe, 2013 p. 134). One can expect Ben’s MBA program to take 1-2 years, which would cause his to be...
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...BELLA HEALTHCARE INDIA Project Plan Centennial College Juliana Goes – 300685822 Maria Chernobrovkina – 300675947 Timothy Jogbodo – 300673137 Virendra Sabbanwar – 300677485 PMGT 428 – 103 Bob Xourafas June 18, 2012 Table of Contents PROJECT INITIATION 1 Project Charter |Prepared by: Maria Chernobrovkina |Date: Jun 15, 2012 | |Project Title: Bella Healthcare India | |Project Start Date: Jun 18, 2012 |Project Finish Date: Jul 25, 2012 | |Budget Information: The project’s budget is $ 100. | |Project Manager: Virendra Sabbanwar – +1(647) 721-0678 – vsab@my.centennialcollege.ca | |Project Objectives: | |Choosing an international project topic; | |Receiving approval of the international project topic – “Bella Healthcare India”; | |Elaborating...
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...criminal justice system 2. Design city centre, case study on ( Crossroad mall Mumbai,phoenix mall Mumbai) 3. Thesis on Jail , case study on (banglore jail, belgaum jail) 4. Thesis on institute of archaeology , case study on (archaeological museum hampi) 5. Design of EXHIBITION 6. Restructuring the sukhna lake 7. Thesis on film city, case study on (DADA SAHEB PHALKE CHITRANAGRI MUMBAI, RAMOJI FILM CITY HYDERABAD) 8. CENTRE FOR THE INDIAN CLASSICAL MUSIC, CASE STUDY ON (KALA ACADMY GOA, NRITYAGRAM BANGLORE, NATIONAL CENTRE FOR PERFORMING ARTS MUMBAI,) 9. THESIS ON INFOTAINMENT MALL, CASE STUDY ON (THE FORUM KORAMANGLA BANGLORE, BANGLORE CENTRAL MG ROAD BANGLORE, INNOVATIVE MULTIPLEX MARATHALLI BANGLORE, BARTON CENTRE MGROAD BANGLORE) 10. THESIS ON POLICE STATION 11. ADVETECTURAL TRANSIT MODEL CASESTUDY ON (MAHATMA GHANDHI BUS STATION HYDERABAD, KEMPE GOWDA BUS STATION BANGLORE, BMTC BUS STATION ON SHANTI NAGAR,) 12. THESIS ON SOS, CASE STUD ON (SOS CHILDRENS VILLAGE CHENNAI, SOS CHILDRENS VILLAGE BANGLORE) 13. MULTI MODAL TRANSIT SYSTEM, CASE STUDY ON (ARNHEM CENTRAL GERMANY, LIVE CASE STUDY CHENNAI INDIA, HYDERABAD SECUNDERABAD INDIA,) 14. THESIS ON URBAN GRAPHISM , CASE STUDY ON (BANGLORE) 15. THESIS ON ANIMAL HUMAN RELATION ZOO, CASE STUDY ON ( BANNERGHATTA BIOLOGICAL PARK, SINGAPORE ZOOLOGICAL PARK,) 16. THESIS ON CENTER FOR ENERGY AND ENVIRONMENTAL STUDIES, CASE STUDY ON( ENERGY & ENVIORMENTAL RESEARCH CENTERPUNE...
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...Essay 1 “Should Everyone Go To College?” In this report “Should Everyone Go to College?” written by Stephanie Owen and Isabel Sawhill, a senior research assistant in the center of children and a senior fellow in Economic studies and co-director of the center on children, spoke about how has been absurdly overrated. Owen and Sawhill reported in the first paragraph of the summary saying “By telling all young people that they should go to college no matter what, we are actually doing some of them a disservice” Their prove in the report is known to be 100% accurate because this proves were gotten from reliable sources like March CPS 2007-2010, Hess et al and some other reliable sources. The rate of return on education can be calculated by discovering the cost and benefit associated with a certain level of schooling, this cost will be made up of the cost of textbooks and stationery, salaries of all the staffs, cost of time and study, rent of land on which the institution is cited and some other expenses. The cost of education is very high so there is not much net benefit. In other words the higher the tuition of college education the lower the net benefit of attending. Owen and Sawhill's report says that “the correlation is not causation, and getting at the true causal effect of...
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...Even though credit cards can be a source of paying for college-related expenses; credit card companies should not be on college campuses because most students will misuse the credit card, go into credit card debt and not realize the full financial hole they are in and struggle for years to pay off the debt. The first reason why credit card companies should not be on colleges marketing to college students is that it is very easy for a college student to misuse the new credit card. A college student most likely has limited financial means and a credit card could help today but hurt substantially more down the road. With a limited income, it would be very easy for the student to become financially dependent on the card. A 2009 Survey by Sallie Mae concluded the following. “The economic downturn has most Americans tightening their spending habits, but not all. College students are even more dependent upon credit cards, according to a survey conducted by Sallie Mae, the nation’s leading provider of student loans. The organization released its survey results last week in its National Study of Usage Rates and Trends. The study focused on undergraduate student’s ages 18 to 24 who were enrolled in public and private four-year colleges and universities during the spring of 2008.” [ (Phan, 2009) ] Another misuse of credit card spending occurs when the student is trying to fit into a social crowd among its peers. Many students feel a need to be part of socially acceptable “cool” crowd...
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...Ways to Reduce College Tuition In recent discussions of college tuition, a controversial issue has been how to reduce the tuition fees of colleges. On the one hand, some argue that colleges need high tuition to help pay for staff and maintenance. From this perspective, a college’s main priority is to make sure that the administrators and professors are properly paid and that there is enough money to fund classes. On the other hand, however, others argue that expensive tuition will discourage students from pursuing higher education and will burden the government with providing financial aid. In the words of one of this view’s main proponents, “People are paying way too much for way too little education” (McCluskey). According to this view, the education that colleges provide is not worth as much as it costs. In sum, the issue is to find a way to reduce college tuition. The cost of college is becoming an issue all across America. With the current state of the economy, the percent of unemployed workers and the cost of college can seem like a far-fetched goal. Many people who may not receive a scholarship or enough government funding may not be able to attend college. This is a big issue because having a college background is becoming an important factor in the business world today but, the expensive tuition discourages students from pursuing higher education. There is overwhelming evidence that colleges need to restructure the way they are ran because tuition prices are increasing...
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