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    Guanxi and Modern Finances

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    Responsibility and Director of the Carol and Lawrence Zicklin Center for Business Ethics Research at The Wharton School of the University of Pennsylvania. His current research interests focus on the role of morality in markets‚ how social contract theory can be applied to business and professional ethics and global business ethics. Danielle E. Warren is a doctoral candidate in the Management Department at The Wharton School‚ University of Pennsylvania. Her research interests include workplace norms

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    Mini Case

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    iMINICASE STUDY #2 Unforeseen Opportunity in an Election You are in charge of the advertising staff for Cindy Smith ’s election campaign. Cindy is trying to prevent the eight term incumbent‚ Jesse Jones‚ from getting another term in the U.S. House of Representatives. Cindy decided to run against Jesse because he wrote 150 bad checks in the House banking scandal‚ voted to not disclose the names of the people involved in the scandal‚ and voted to give himself a substantial pay raise at taxpayers’

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    Marriage Is Outdated

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    ‘Marriage is an outdated institution’ Discuss This statement suggests that the tradition Christian idea of marriage has become old-fashioned because of the differences in modern relationships. A traditional Christian would disagree with this statement since they consider marriage an important part of life. They believe that marriage is a gift from God because he intended men and women to live together and that within a marriage men and women should support one another and be faithful. Christians

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    Is the Constitution Outdated? The United States Constitution is a hotly debated topic these days. Certain interest groups are trying to amend new laws very regularly. These special interest groups claim that some of the amendments are outdated and need to be changed to fit today’s requirements. Probably the most debated amendment would be the second amendment‚ which protects your right to bear arms. The second amendment is especially important to me because I feel that everybody should have the

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    Mini case

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    Intitech vs The Coffee Bean 1. How would you gauge Peter’s achievement orientation? What are some of the needs not being met for Peter Gibbons at Initech? What changes might improve Peter’s motivation? Peter Gibbons is clearly subjected to a bad work environment‚ and lack of motivation which is his primary fuel for really hating his job. His achievement orientatin is low at best‚ and he has developed an lack of motivation to achieve success. This could have been created by Initech itself‚

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    Mini Case

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    Quiz chapter 2 1. __________ refers to the change in the firm’s current assets relative to its current liabilities over some time period. A) Operating cash flow B) Capital spending C) Cash flow to creditors D) Cash flow from assets E) Additions to net working capital 2. If total assets = $550‚ fixed assets = $375‚ current liabilities = $140‚ equity = $265‚ long term debt = $145‚ and current assets is the only remaining item on the balance sheet‚ what is the value of net working

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    Is Hamlet Outdated

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    academic career and goes down in history as one of the greatest plays of all time according to many. Despite it’s popularity and history‚ Hamlet is no longer relevant today and should not continue to be taught to students due to the fact that it is outdated and does not teach any valuable lessons. As mentioned before‚ Hamlet is often labeled as “the greatest play ever written”. The play’s popularity has allowed for multiple movies to be made and hundreds of plays to be performed over the years. To

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    ModMeter Mini-Case

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    new infrastructure investments due to the spaghetti mess. CEO is fucked up. He anyhow plan new initiatives without having a clear understanding of the company’s current IT infrastructure Only ask for IT‚ sales and marketing support but not the finance Frivolous change of name 2. Develop an IT planning process for ModMeters Need a process for IT planning and budgeting Will need to take an enterprise perspective on IT and incorporate all IT initiatives – new strategies‚ needs of Fred and

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    Major Theories in Finance

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    Introduction 2 Major Theories in Finance Three major pillars of modern finance. Capital Asset Pricing Model (CAPM) Relates the risk of an asset to its required expected return. Dividend and Capital Structure Irrelevance (M and M) In a perfect world: i) A firm’s share value does not depend on the firm’s dividend policy. ii) The firm‟s total value does not depend on the amount of debt it has. Option Pricing Theory Can find the value of an option. Shares are a call option on the firm’s

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    Mini Case Starbucks

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    MINI CASE 4 I STARBUCKS: RE-CREATING ITS UNIQUENESS 1. How did Starbucks create its uniqueness in the first place? Starbucks create its uniqueness by offering premium coffee beans‚ thus creating an amazing image. Every store is a unique place with a wide range of products and a special homely ambience‚ emphasized by relaxing music and comfortable seating furniture. Other than that‚ customers can use the free wireless hotspot or just visit with friends. The high quality of the products

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