Chapter 14 -DQ -Even numbered problems 2-10 at the end of the chapter 2. Could each of the following items potentially serve as money? Consider each as (1) a medium of exchange‚ (2) a unit of account‚ and (3) a store of value. a. Visa credit card It is not money because it fails the store of value test. b. Federal Reserve note Yes it can serve as money. c. Dog No‚ it cannot be used. d. Beer mug No‚ it cannot be used. 4. What backs the US dollar? Include the distinction between commodity
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In the age of globalization‚ it is crucial to have a broad and refined international outlook. The United Kingdom boasts an excellent cultural atmosphere and highly developed commercial sector‚ as well as sophistication in the humanities and areas of scientific and technological advancement. For these reasons‚ I hope to acquire management knowledge in the UK and learn from reputable professors with outstanding research facilities. In such a setting‚ I will be constantly exposed to skills and ideas
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Journal of Accountancy: SEC fields 3‚000 whistleblower complaints in 12 months I chose to review an article pertaining to the success of the new whistleblower program in the SEC. This program was enacted in as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010‚ PL 111-203. This piece of legislation was pushed through congress and approved as part of the President’s initiative to clean up Wall Street. According to the article 3‚001 tips were reported to the SEC pertaining
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PROBLEMS CHAPTER 2 1) If you deposit Rs.100 in the bank today and it earns interest at a rate of 8% compounded annually‚ how much will be in the account 50 years from today? 2) On your birthday‚ your uncle gave you the money in his savings account. His only deposit was Rs.100 made 50 years ago. The savings account paid 8% compounded annually. How much money is in the account today? 3) A loaf of bread costs Rs.0.79 today. If its price increases by 6% per year‚ how much will an
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Questionnaire What kind of questions do we ask? In general‚ there are two types of questions one will ask‚ open format or closed format. Open format questions are those that ask for unprompted opinions. In other words‚ there are no predetermined set of responses‚ and the participant is free to answer however he chooses. Open format questions are good for soliciting subjective data or when the range of responses is not tightly defined. An obvious advantage is that the variety of responses should
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Dear students‚ Greetings‚ Please answer the following Five questions‚ carefully read them and make your answers clear to the point‚ giving examples are very much appreciated. The following questions are short essays questions‚ requiring response of approximately 150 words each. First question:- Corantor is a hi-tech global company with a traditionally low profile. Until recently‚ if you asked anyone if he knew the corantor brand name‚ the like hood was that he would say yes. However‚ he might
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Assignment brief Qualification Pre – Master Course (Business Studies) Unit number and title Unit – 1 – 4‚ Principles of Management‚ Marketing Principles‚ Human Resources Management Start date 10/02/2013 Deadline 06/04/2013 Assessor name Daw Mu Mu Theint Assignment title Analytical Report on Business Organisation (Assignment 1 of 1) The purpose of this assignment is to: Be able to use management functions Be able to use the concepts of segmentation‚ targeting and positioning
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1.1 PRINCIPLES OF MANAGEMENT 1. “A large business firm cannot function smoothly without co-ordination.” Discuss the statement with illustrations. 2. “A misconceived and incapable leader may take his followers to dangers of life” – Discuss in details. 3. “Modern business organization revolves around profit motive only”. Critically evaluate the statement in relation to Corporate Social Responsibility. 4. “MBO plays a major role in planning process” – Critically analyse the statement in detail
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Demand & Supply of Money: a case in India Over the years‚ Indian economy began with a barter system where commodities were used as money to the definition of money in the current scenario.Its development can be traced as follows:- Classical theory of money demand: The main concern of this theory is to analyze how money may affect the Aggregate Demand (AD) of goods and services in the economy. According to the Classical Theory the AD is more or less stable. Shifts in the demand
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1) Assume the role of an LB employee a) What is your everyday environment like (assume this would be normally involve face-to-face teams)? Specifically‚ consider how you would fill your day‚ what the office environment would be‚ what would determine your work priorities and the nature of your relationship with your colleagues and your client(s). Leo Burnett has a multidisciplinary team structure serviced each brand. Employees are responsible to provide full advertising service to meet client’s
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