Premium Essay

Business Policy Homework

In: Business and Management

Submitted By Steelheadfred445
Words 431
Pages 2
MGMT 481
Chapter 1 Review Questions

1. What are strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process? a. Strategic competitiveness- is achieved when a firm successfully formulates and implements a value-creating strategy. b. Strategy- is a integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage. c. Competitive advantage- is when a firm implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate. d. Above-average returns- are returns in excess of what the investor expects to earn from other investments with similar amount of risk. e. Strategic management process- is the full set of commitment, decisions, and actions required for a firm to achieve strategic competitiveness and earn above average returns. 2. What are the characteristics of the current competitive landscape? What two factors are the primary drivers of this landscape? f. The current competitive landscape characteristics are that the markets are always changing and also noteworthy. Managers must adopt a new way of thinking to earn above-average returns. g. The two factors that drive the current competitive landscape are the globalization of industries and significant technological changes. 3. According to the I/O model, what should a firm do to earn above- average returns? h. The firm should identify five points to earn above-average returns? i. Study the external environment. ii. Locate the industry with the potential for above-average returns. iii. Identify the strategy called for by the attractive industry. iv. Develop or acquire assets and skills needed to implement...

Similar Documents

Premium Essay

Homework Business Policy

...Week 3 - Homework P4-1. A best-selling author decides to cash in on her latest novel by selling the rights to the book’s royalties for the next four years to an investor. Royalty payments arrive once per year, starting one year from now. In the first year the author expects $400,000 in royalties, followed by $300,000, then $100,000, and then $10,000 in the three subsequent years. If the investor purchasing the rights to royalties requires a return of 7 percent per year, what should the investor pay? A4-1 P = $400,000+$300,000+$100,000+$10,000=$725,122.13 1.071 1.072 1.073 1.074 P4-12. Bennifer Jewelers recently issued 10-year bonds that make annual interest payments of $50. Suppose you purchased one of these bonds at par value when it was issued. Right away market interest rates jumped, and the YTM on your bond rose to 6 percent. What happened to the price of your bond? A4-12 P = 50/1.06 + 50/1.062 + 50/1.063 + 1.050/1.0610 = $926.40 P5-1. The equity section of the balance sheet for Hilton Web-Cams looks like this: Common stock, $0.25 par $400,000 Paid-in capital in excess of par $4,500,000 Retained earnings $1,100,000 a. How many shares has the company issued? 400,00/.025=1.6 MILLION SHARES b. What is the book value per share? (400,000+4,500,000+1,100,000)/1.6 MILLION SHARES =......

Words: 860 - Pages: 4

Premium Essay

No Paper

... | | |  | | | | |Course Description | | | | | This course provides a survey of the financial problems associated with the life cycle of a business firm. Topics include: financial analysis and planning, capital budgeting, cost of capital, and the sources and uses of business funds. While the emphasis is on decision making within a corporate environment, the tools taught in this course are just as relevant to other forms of business organization and to personal financial management. Course Objectives Finance 3101 focuses on two of the four main learning goals of the Fox School’s BBA Program: (a) Understanding critical business concepts, and (b) Applying critical thinking to business problems. Specific learning objectives in pursuit of these two goals involve a basic understanding of the following: • Goal of corporate financial...

Words: 1876 - Pages: 8

Premium Essay


...of the methods of formulating and analyzing business information using statistical techniques. Prerequisites: BQBA 2302. Learning Outcomes: Upon completion of this course, students will be able to: 1. Demonstrate an ability to read, analyze, and interpret business data 2. Use statistics to provide evidence in analyses and managerial decision making 3. Apply appropriate statistical techniques to analyze business and financial data MBA Program Learning Outcomes: 1. Master of Business Administration graduates will develop both analytical and creative approaches to problem solving within their dynamic industries using values-driven leadership. 2. Each graduate will recognize the role of management in the development and execution of corporate policy and strategic plans. 3. Graduates will have a comprehensive business foundation for business decision making and leading in rapidly changing business environments. Materials: 1. Textbook, Statistics for Business and Economics,12th Edition, by McClave, Benson, and Sincich ISBN: 978-0-321-82623-7 Materials: 2. Any scientific calculator Tests/Graded Work: 1. There will be two exams – a Midterm exam and a Final exam. The Final exam will be cumulative. If you must miss an exam for an excused absence, arrangements should be made in advance. In order to do well on an exam, be sure you have a clear understanding of all homework, quizzes, and lectures. Most......

Words: 784 - Pages: 4

Premium Essay

Acc 557 Entire Course Financial Accounting

...Information Visit Our Website ( ) Email us At: or ACC 557 Financial Accounting Assignments , Discussions, Homework and Quizzes ACC 557 Week 1 DQ1 Improper or Illegal Methods From the e-Activity, identify the company, the accounting impropriety or illegality, how it was detected, the outcome, and propose a strategy that might have prevented the situation. Indicate how the strategy should be implemented.Assess the impact to the company’s financial performance based on the impropriety and the resulting effect to stakeholder confidence in management, recommending how the company can minimize the resulting impact to the business. ACC 557 Week 1 DQ2 General Accounting Principles “Bookkeeping and accounting are the same.” In terms of your role in the provision of financial services, present data to support the accuracy of this statement and support your position.Analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the equation can impact business decision making. ACC 557 Week 1 Homework Chapter 1 (E1-4,E1-7,E1-11,P1-2A) ACC 557 Week 2 ACC 557 Week 2 Homework Chapter 2 (E2-6,E2-9,E2-11,P2-2A) ACC 557 Week 2 Homework Chapter 3 (E3-6,E3-7,E3-11,P3-2A) ACC 557 Week 2 Quiz – Chapter 1 ACC 557 Week 3 ACC 557 Week 3 DQ1 Researching Financial Information From the......

Words: 2032 - Pages: 9

Premium Essay

Busn 5200 Syllabus


Words: 1678 - Pages: 7

Premium Essay


...aspects of your firm that provide the goods or services in your firm’s value proposition to your targeted market. As such, operations will be decisive in determining the long-term viability of your firm’s business model. This fact has become even clearer in recent years as competition has increased with more globalization and improved information technology. By integrating operations successfully into the their business models, firms such as Dell, Toyota, and Wal-Mart have shown that good operations make good business sense. The objective of this course is to provide you with an understanding of Operations Management and the role that it plays within an organization. By the end of the course, you should have developed an appreciation for the challenges in providing world-class products and services and the ability to use some analytical tools and conceptual frameworks to guide your thinking about operations. It is important to realize that much operations consists of the systematic design, operation, control and improvement of business processes. Accordingly, you should leave this course able to: • • • • • Integrate operational perspectives into a successful business model; Analyze key business processes; Understand how variability impacts processes; Rigorously improve business processes (including identifying the likely impact of information technology); Discuss some recent operations trends at a high level. TEACHING/LEARNING...

Words: 3508 - Pages: 15

Premium Essay

Pepperdine University the George L. Graziadio School of Business and Management

...GRAZIADIO SCHOOL OF BUSINESS AND MANAGEMENT PROFESSOR CHUCK MCPEAK MBAM-601.13 ACCOUNTING FOR DECISION MAKERS FALL 2006 WENESDAY 8-12 AM MALIBU SYLLABUS ACCOUNTING FOR DECISION MAKERS MBAM-601.13 FALL 2006 Wednesday 8-12 AM Malibu Chuck McPeak 217 23rd St. Manhattan Beach CA 90266 Office (310) 506-4879 Home (310) 545-6921 FAX (310) 546-7671 Email Course Description The primary emphasis of this study is to place sophisticated tools and techniques in the hands of primary users in making business decisions. Specific topics include cost behavior analysis, cost management systems, relevant cost analysis, performance measurement, and value-based management control systems. The course also includes presentations in teams whereby the students apply the course material. Course objectives At the conclusion of this course the student should be able to communicate cost information orally and in writing and should demonstrate managerial level analysis and decision making in the following areas: 1.Cost-Profit-Volume Analysis 2.Master budgeting 3.Relevant revenues 4.Management control systems 5.Performance measurement 6.Activity based costing 7.Job order costing 8.Ethical issues and the impact of Sarbanes-Oxley 9.The use of production data and information technology to solve business problems Text and Course Materials 1.Horngren, Foster & Datar “Cost Accounting A Managerial Emphasis”, Twelfth Edition, Prentice Hall, 2006 2.Harvard Business School Case......

Words: 897 - Pages: 4

Free Essay


...Brewer, R. Garrison, & E. Noreen, McGraw-Hill/ ISBN: 9780078005305. Recommended: Wall Street Journal and BusinessWeek Prerequisite: ACC2301 with a grade “C” or better Course Description: This course will demonstrate the flexibility of the use of managerial accounting information to supply managers and other internal stakeholders for business decision-making. Upon completion of this course, students should possess a basic working knowledge and understanding of the accounting information systems used to provide information to internal stakeholders. The course gives students opportunities to prepare and analyze business transactions, prepare budgets, journal entries and financial statements. Course Goals: This course provides students with both an opportunity to learn accounting rules and to develop critical thinking capacities. Students should possess several core competencies in the business education upon completion of this course as the followings: 1. Solid Foundation of Business: Concepts focus on the planning, controlling, and accounting for an understanding of economic events and business practices. 2....

Words: 3087 - Pages: 13

Premium Essay


...Course Syllabus Course Information Course Number/Section FIN 4375-01 Course Title International Business Finance Term Fall 2015 Days & Times Mondays & Wednesdays 2:00-3:50 pm Classroom VBT, Rm. 137 Professor Contact Information Professor M. Sinan Goktan Office Phone 510-885-3797 E-mail Address Office Location VBT 438 Office Hours Mondays, 4:00-6:30 pm, Wednesdays 4:00-4:30 pm. Course Pre-requisites and/or Other Restrictions Pre-requisites: FIN 3300 Course Description | |In this course we will focus on a multinational corporation which makes its | | |investment, financing and operating decisions in an international setting. You will learn about the international | | |financial and currency markets and monetary system in which domestic and multinational firms operate. Our emphasis will| | |be on risks and opportunities faced by a corporation as a result of operating in an international environment. | Student Learning Objectives/Outcomes • Identify the determinants of currency prices and explain how these prices change in the foreign exchange (FX) markets. • Distinguish how various exchange rate systems affect currency prices in the FX markets. • Explain how a country’s balance of payments affects currency prices in the FX markets. • Explain international parity conditions which link the prices of goods,......

Words: 1051 - Pages: 5

Premium Essay


...Effective Term: 201310 NOVA SOUTHEASTERN UNIVERSITY H. Wayne Huizenga School of Business and Entrepreneurship Masters Programs FIN 5535 - Futures and Options   (Weekend) I. INSTRUCTOR * Francisco J De Cossio     ( | II. COURSE DESCRIPTION Futures and Options: This course examines the structure and functions of the futures and options markets. The course covers the structure of options and futures markets with an emphasis on American markets such as the CME and CBOE. Additional topics include arbitrage restrictions, option pricing, hedging with futures, options on futures, exotics, trading strategies, and an introduction to corporate securities as options on the underlying cash flows. Prerequisites: FIN 5620 and FIN 5530. | III. PREREQUISITES ( GMP 5620 OR FIN 5620 ) AND ( FIN 5530 OR GMP 5530 ) | IV. LEARNING OUTCOMES A. ENTRANCE COMPETENCIES: Students must have prerequisite course work in the areas of basic accounting, basic economics, basic mathematics and statistics, managerial accounting, managerial economics, managerial finance, and quantitative methods. Additional coursework in financial markets and investments is required. All students entering this course should be computer literate, familiar with Microsoft Office 97 Professional Edition or 2000 Professional Edition Software, have unrestricted access to a personal computer, and have the ability to communicate effectively in writing.    B. EXIT COMPETENCIES: By the end of...

Words: 3334 - Pages: 14

Free Essay


...refer to the current Cal Poly Pomona Catalog. Course Objectives: This course is aimed primarily towards those who will be providers of financial information for external use—those who will be primarily responsible for observing, selecting, measuring, and reporting financial information for external decision making. The main objective is to develop skills of APPLICATION AND ANALYSIS, i.e., to demonstrate the use of appropriate concepts, standards, and techniques after having considered the needs of financial statement users and how the behavior of the users may be influenced by financial accounting information. Achieving this objective requires that the student synthesize his/her basic knowledge and understanding of economics, general business, contemporary laws and regulations, and “generally accepted accounting principles”. "Generally accepted accounting principles" include various professional publications, i.e., Accounting Principles Board Opinions and Interpretations, Financial Accounting...

Words: 1881 - Pages: 8

Premium Essay


...Learning” on the page which will take you to your course schedule. Select this course to access course materials. You can also access the course from COURSE COMMUNICATION: All course email will be using your CobraLearning account, so please check it regularly. I will generally check my email daily Monday through Friday. COURSE DESCRIPTION: Financial Accounting: (IAI BUS 904) Financial statements as related to investors, creditors and managers, includes cash, receivables, inventory, noncurrent assets, investments, liabilities and equities. F,S,Su COURSE OBJECTIVES: Construct, interpret and analyze the income statement, balance sheet, stockholder’s equity statement and cash flow statement for service business and merchandising business Construct, interpret and analyze period-end adjustments (accruals and deferrals), periodic and perpetual inventory methods, receivables, cash, long-term assets, liabilities (short-term, long-term and contingent), stockholder’s equity and various financial statement ratios. ATTENDANCE: Prompt and regular attendance is expected. You are expected to be at class on time and to be present for the full period. If you are having trouble, do not hesitate to ask me for help or go to the free Peer Tutoring Lab. ACADEMIC HONESTY Cheating includes copying assignments from the internet or other student’s assignments (from this or previous semesters),...

Words: 2147 - Pages: 9

Premium Essay

Econ2220 Course Outline

...SCHOOL OF ECONOMICS AND FINANCE FACULTY OF BUSINESS AND ECONOMICS THE UNIVERSITY OF HONG KONG Pokfulam Road, Hong Kong _____________________________________________________________________________________ ECON2102/2220 Intermediate Macroeconomics 2015-2016 ECON2102CD/2220CD Instructor: C. Chen Office: 901 KKL Office hours: Monday 1:40am – 3:00pm and Tuesday 4:40pm – 6:00pm E-mail: Semester: 2 Class meeting: ECON2102C/2220C: Monday 9:30am – 12:20pm in LE6 ECON2102D/2220D: Tuesday 1:30pm – 4:20pm in MB201 Mid-term Exams: ECON2102C/2220C: March/14th. (Mon.) 9:40am – 12:10pm in LE6 ECON2102D/2220D: March/15th. (Tue.) 1:40pm – 4:10pm in MB201 Teaching assistant: Mr. Yuk Kwan Wong. One extra class for ECON2102C: Please choose among March/7th. (Mon.) and May/3rd-6th. Q&A class for ECON2102CD: April/26th. (Tue.) Prerequisites: ECON1001/1210 introductory microeconomics and ECON1002/1220 Introductory macroeconomics according to the Regulations, Syllabus & Structure and List of Courses for the BEcon and BEcon&Fin programmes. The course is primarily for students majoring in economics and as such can be technical at times, involving the use of mathematics including elementary calculus. Slides are available at Textbook: Macroeconomics by Andrew B. Abel, Ben S. Bernanke, and Dean Croushore, 8th edition, Pearson Addison Wesley. Assessment: Homework (problem sets plus one short essay) Test (mid-term) Examination (final) 20%......

Words: 1257 - Pages: 6

Premium Essay

Acfi 2005 Source Outline

...Course Outline Newcastle Business School ACFI2005 Finance Semester 2, 2011 Callaghan Campus Unit Weighting: 10 Units Lecturer and Course Coordinator: Paul Docherty CONTENTS 1. Teaching Staff 3 2. Contact Hours and Teaching Methods 3 3. Blackboard 3 4. Student Email 4 GENERAL COURSE INFORMATION 4 5. Brief Course Description 4 6. Assumed Knowledge 4 7. Course Objectives / Learning Outcomes 5 8. Link to Graduate Attributes 5 9. Course Content 5 10. Continuous Course Evaluation and Improvement 6 TEXTBOOKS AND REFERENCES/READINGS 6 11. Textbooks and Readings 6 12. Prescribed Text 6 13. Recommended Texts/Readings 6 TOPIC AND LECTURE OUTLINE 7 14. Course Schedule 7 ASSESSMENT DETAILS AND POLICIES 8 15. Types and Due Dates of Assessment 8 16. Details of Assessment 8 17. Penalties 9 18. Academic Integrity, Plagiarism and Turnitin 9 19. Cover Sheets for Assessment 10 Assessment Grades and Percentages 10 ACADEMIC SKILLS RESOURCES 10 20. Academic Skills Resources 10 UNIVERSITY POLICIES AND GENERAL INFORMATION 11 21. Extension of Time for Assessment Items, Deferred Assessment and Special Consideration 11 22. Students with a Disability or Chronic Illness 12 23. Changing Your Enrolment 12 24. Other Policies Related to Your Enrolment 13 25. Alteration of this Course 13 26...

Words: 4834 - Pages: 20

Premium Essay


...BA 2196: Business Communications Syllabus Instructor: Dr. Larry Bailis Email: Office: Speakman 208K Office Hours: Monday, Wednesday 4:30 – 5:30, or by appointment Course Objectives You will learn useful and relevant business communication skills, including: * how to write clearly and how to effectively edit your own writing * how to target a results-oriented business audience using business documents, websites, and correspondence * how to formulate reasoned oral arguments and enhance your presentations * strategies to enhance critical thinking and analytical skills The Fox School understands that our graduates must meet the highest standards in these skills, and this course will be demanding. Fox BBA Learning Goals Business Communications supports the following Fox Bachelor of Business Administration Learning Goals: 1. Apply critical thinking to business problems a. Use cross-disciplinary knowledge to identify problems and their causes, generate alternative solutions, and arrive at reasoned conclusions. 2. Demonstrate effective oral and written communication a. Formulate reasoned arguments orally. b. Formulate reasoned arguments in written communication. c. Apply team-work and communication skills to present and support conclusions. 3. Understand the ethical, legal, and social responsibilities of individuals and organizations. a. Understand ethical issues. b. Assess the impact......

Words: 2729 - Pages: 11