- Study guides, Class notes & Summaries

While attending a film festival you decide there are 10 movies that you are interested in seeing. However you only have time to see 7 movies. In how many different ways can you watch 7 of the 10 movies? 604,800 A local pizzaera offers 12 toppings for their pizza and you can only choose any 4 of them for a fixed price. How many different types of prizes can you order with 4 toppings? 495 At a dry cleaner there is a hamper with 12 red shirts, 6 blue shirts, 8 black shirts and 10 wh...

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2 pages

Written in 2022/2023

Grade A+

EXAMSTUDYPLUG

Research and Development defined as work directed towards the innovation, introduction, and improvement of produce and processes. Innovation 1. Improve product quality 2. Increase production capacity 3. Extend product range Production the creation of goods and services using the factors of production, labour, land, capital and entrepreneurship and knowledge Production Management the historical definition of production, describing management activities that helped firms...

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20 pages

Written in 2022/2023

Grade A+

EXAMSTUDYPLUG

Four financial statements in order income statement, retained earnings statement, balance sheet, statement of cash flows Financial Accounting For internal and external use Management Accounting Only used internally General Accepted Accounting Principles (GAAP) the common set of standards and procedures by which audited financial statements are prepared International Financial Reporting Standards (IFRS) Used by public enterprise Proprietorship A business o...

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19 pages

Written in 2022/2023

Grade A+

EXAMSTUDYPLUG

EQ (Emotional Quotient, also know as emotional intelligence) Focuses on the strength of certain soft skills, and involves developing greater self-awareness and self-control, and developing the ability to empathize and see a variety of perspectives. Intrapreneurship Entrepreneurial activity within a corporate setting, where one is able to help grow their company by being creative to evolve processes or launch new products/services using the company's existing resources and reputation. ...

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21 pages

Written in 2022/2023

Grade A+

EXAMSTUDYPLUG

Porter's 5 forces considers the political, economic, social, technological, and overarching factors that may impact the success of a business. False The manager of Extreme Sporting Goods is concerned that cash expenditures have been exceeding cash receipts for the last six months, suggesting that Extreme is suffering from a(n) ____________ problem. cash flow Johnny was asked to come up with new ideas to launch a product that complements his company's existing mix of products. J...

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13 pages

Written in 2022/2023

Grade A+

EXAMSTUDYPLUG

Free trade moving goods/services between countries without political or economic obstruction Exporting selling products to another country Importing buying products from another country Balance of trade relationship between exports & imports Trade surplus favourable balance of trade (exports > imports) Trade deficit unfavourable balance of trade (imports > exports) Balance of payments difference between money coming into a country (from expo...

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30 pages

Written in 2022/2023

Grade A+

EXAMSTUDYPLUG

ombination order does not matter Permutation order does matter What does "and" mean? you multiply what formula do you use for "or"? P(a)+P(b)-P(a,b) What calculator input do you use for combination? Math, PRB, 3 What calculator input do you use for permutation? Math, PRB, 2 How do you know if something is fair? -find the expected value: A(a) B(b) C(c)...... -if the expected value equals 0, its fair Probability of success formula: (n/k...

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3 pages

Written in 2022/2023

Grade A+

EXAMSTUDYPLUG

2 examples of an exit strategy for VC (venture capital) investors include... an IPO, sale of the company investors might buy stock in an IPO when it seems early stage investors are exiting because the investors view the potential growth of the company a capitalization tables shows .... investors, ...... investors, and ..... early stage investors, venture investors, and other very large shareholders ownership in the company "serires" funding rounds are ..... backed vent...

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11 pages

Written in 2022/2023

Grade A+

YANCHY

cash received from farm operations operating activity feeder livestock/poultry sales operating activity crops/feed operating activity livestock and poultry products operating activity custom work operating activity government payments, cash and certs operating activity patronage div. operating activity hedging account withdrawals operating activity other revenue operating activity cash received from non-farm operations oper...

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10 pages

Written in 2022/2023

Grade A+

YANCHY