EEE 370 COMPREHENSIVE EXAMS SET QUESTIONS
AND ANSWERS SURE A+
✔✔Bootstrap financing - ✔✔Saving money through creativity, thriftiness or any means
necessary (doing more with less)
✔✔Quantitative valuation - ✔✔1. asset valuation
2. discounted cash flow valuation
3. hybrids
✔✔Hybrid valuation - ✔✔Excess earnings (estimate of future earnings + assets -
liabilities), allows to value intangible assets and potential earnings
✔✔Qualitative factors - ✔✔"soft" factors
-Management
-Employees
-Competition
-New products
-Stage
✔✔Discuss the "bootstrap" basics for financing (6) - ✔✔1. Give yourself time
2. Seek help
3. Bootstrapping does not mean Small
4. Meet investors when you can, even if you're not fund raising
5. Bootstrapping has a hidden cost - taxes
6. Don't forget what got you here (find your North Star)
✔✔CS: Headcase Helmets - ✔✔Industry: Protective sports gear
Porter's Five Forces:
1. Threat of substitutes - low
2. Bargaining power of buyers - low
, 3. Threat of new entrants - high
4. Bargaining power of suppliers - high
5. Rivalry among existing competitors:
Industry - high
Product - low
SWOT:
S - WIG Implementation
W - Lack of funding
O - Government regulations requiring helmets
T - Imitation
✔✔CS: Liz Stewart - ✔✔Industry: Lawn care
Competition: Lawn mowers, landscapers, grazing animals
Firm: 50-100 sheep, moveable fence
Market: NYS bill on pesticides
Porter's Five Forces:
1. Threat of new entrants - high
2. Bargaining power of buyers - low/medium
3. Threat of substitutes - low
4. Bargaining power of suppliers - high
5. Rivalry among existing competitors - high
SWOT:
S - Agreement with dad
W - Low capital
O - NYS pesticide law
T - Other companies using animals
✔✔CS: Rich Settembre - ✔✔Industry: Snow removal
Competition: Snowblowers, snowplows, snow shovels
Porter's Five Forces:
1. Threat of new entrants - high
2. Bargaining power of buyers - high
3. Threat of substitutes - low
4. Bargaining power of suppliers - high
5. Rivalry among existing competitors - depends
SWOT:
S - Not dependent as salary-substitute
W - limited geographically
O - contact (Wegmans)
T - existing competitors
AND ANSWERS SURE A+
✔✔Bootstrap financing - ✔✔Saving money through creativity, thriftiness or any means
necessary (doing more with less)
✔✔Quantitative valuation - ✔✔1. asset valuation
2. discounted cash flow valuation
3. hybrids
✔✔Hybrid valuation - ✔✔Excess earnings (estimate of future earnings + assets -
liabilities), allows to value intangible assets and potential earnings
✔✔Qualitative factors - ✔✔"soft" factors
-Management
-Employees
-Competition
-New products
-Stage
✔✔Discuss the "bootstrap" basics for financing (6) - ✔✔1. Give yourself time
2. Seek help
3. Bootstrapping does not mean Small
4. Meet investors when you can, even if you're not fund raising
5. Bootstrapping has a hidden cost - taxes
6. Don't forget what got you here (find your North Star)
✔✔CS: Headcase Helmets - ✔✔Industry: Protective sports gear
Porter's Five Forces:
1. Threat of substitutes - low
2. Bargaining power of buyers - low
, 3. Threat of new entrants - high
4. Bargaining power of suppliers - high
5. Rivalry among existing competitors:
Industry - high
Product - low
SWOT:
S - WIG Implementation
W - Lack of funding
O - Government regulations requiring helmets
T - Imitation
✔✔CS: Liz Stewart - ✔✔Industry: Lawn care
Competition: Lawn mowers, landscapers, grazing animals
Firm: 50-100 sheep, moveable fence
Market: NYS bill on pesticides
Porter's Five Forces:
1. Threat of new entrants - high
2. Bargaining power of buyers - low/medium
3. Threat of substitutes - low
4. Bargaining power of suppliers - high
5. Rivalry among existing competitors - high
SWOT:
S - Agreement with dad
W - Low capital
O - NYS pesticide law
T - Other companies using animals
✔✔CS: Rich Settembre - ✔✔Industry: Snow removal
Competition: Snowblowers, snowplows, snow shovels
Porter's Five Forces:
1. Threat of new entrants - high
2. Bargaining power of buyers - high
3. Threat of substitutes - low
4. Bargaining power of suppliers - high
5. Rivalry among existing competitors - depends
SWOT:
S - Not dependent as salary-substitute
W - limited geographically
O - contact (Wegmans)
T - existing competitors
