Academicmaterials

IMS 3310 PACKAGE DEAL VERIFIED 100% CORRECT

How evenly has trade grown? - ️️-The proportion of merchandise exports from Asia has nearly doubled since 1980, with China accounting for nearly two-thirds of the increase. -Rapid expansion of international trade has helped transform nations such as Singapore, Taiwan, and South Korea form poverty in the 1950s to developed country standards of living, and 500 million Chinese have been lifted out of poverty by China's trade-driven policies. -The European Union increased its proportio...

strategic planning - ️️the process by which an organization determines where it is going in the future, how it will get there, and how it will assess whether and to what extent it has achieved its goals budget - ️️an itemized projection of revenues and expenses for a future time period competitive advantage - ️️the ability of a company to achieve and maintain a unique and valuable competitive position both within a nation and globally, generating higher rates of profit than its...

FDI versus non equity modes of entry, what are the pros and cons to each? - ️️Non equity: An agreement between two or more firms to work together on a certain project or to operate in a paritcular market by establishing a new entity taht is jointly owned by all the partner. The profits/losses, risks and the control of the operations are shared by all the partners. It helps a firm to take the benefit of local partner's knowledge of the local market. At the same time it involves the ri...

Multidomestic company (MDC) - ️️An organization with multicountry affiliates, each of which formulates its own business strategy based on perceived market differences Foreign business - ️️The operations of a company outside the home or domestic market Global company (GC) - ️️An organization that attempts to standardize and integrate operations worldwide in most or all functional areas International company (IC) - ️️Either a global or multinational company International bus...

International Monetary Fund (IMF) - ️️Institution that fosters global monetary cooperation, financial stability, international trade, high employment and sustainable economic growth, and reduction of poverty trade-related intellectual property rights (TRIPS) - ️️The WTO agreement that protects copyrights, trademarks, trade secrets, and other intellectual property matters informal institutions - ️️institutions that influence behavior through norms, values, customs, and ideologie...

What are the 11 Uncontrollable Forces? - ️️-competitive -Distributive -Economic -Socioeconomic -Financial -Legal -Physical -Political -Sociocultural -Labor -Technological economic globalization - ️️The tendency toward an international integration and interdependency of good, technology, info, labor, and capital, or the process of making this integration happen Controllable Forces - ️️Internal forces that management administers to adapt to changes in the uncontrollable ...

If the best practices are NOT implemented, there is a(n) ____ probability that the project's _____ will be compromised and that some or all of the stakeholders will be disappointed. - ️️- increased - performance The owner's choice of project delivery system and procurement approach established how the project is _____. - ️️executed _____ _____ is the belief that there is a technique, method or process that is more effective at delivering a particular outcome than any other. ...

The level of quality that any average Design Professional would be able to perform given the circumstances. - ️️Standard of Care Successful Design Build requires _____ & _______ between participants - ️️Trust, Flexibility Allows all federal agencies to utilize Design-Build. Prior to that no enabling legislation existed allowing Design-Build. - ️️Clinger Cohen Act/Defense Procurement Reform Act 1996 Slowest Project Delivery method, linear in nature, prescriptive (owner knows wh...

The contract approach/payment methodology where the DB'er and the Owner collaborate to establish pricing with no profit at the beginning of the job and fees are earned quarterly if performance and pricing are met. - ️️Targeted Price What are some forms of Design Build entities? - ️️1 - Joint Venture 2 - Integrated DB Firm 3- A/E Led 4 - Contractor Led What is the most common project delivery system? - ️️Design Bid Build (Low Bid) In traditional DBB delivery, who does the a...

The primary goal in choosing a delivery method is to ensure that it will meet the Owner's project objectives while at the same time allowing the project to be completed on time and within budget? T/F - ️️True Twentieth Century Public contracting laws in North America have historically mandated professional design services be purchased separated from the selection of contractors solely on the basis of lowest responsible bid. T or F? - ️️True There are always at least three partie...

Cooperative Contracting model that is characterized by collaboration and aligning values, goals and objectives amongst owner, architect and contractor. Shares Risk among all participants. - ️️Alliance Contract A breach of contract remedy used when the subject is very unique and the party must perform contract obligations under the contract. Example: Steel made specifically for one job site. - ️️Specific Performance Maintains control of budget and design process between major estima...

Basic operations of reporting - ️️1. Sorting 2. Filtering 3. Grouping 4. Calculating 5. Formatting Every normalized table has a single theme. duplicated data. multiple topics data integrity problems. none of the above. - ️️single theme When one buys an operating system like WinXP, you are actually buying a software copyright. license. upgrade. version. - ️️license. When a user opens a new program, the CPU may make a __________ and move a block of unused data to make ...

What is the bill of materials? - ️️- It identifies the components needed to make one unit of finished product - Primary use is to let you estimate the cost per unit and determine the total product cost - From a manufacturing standpoint, it lets you know/calculate if you have enough raw material on hand before a production run. High _____________________ make it difficult for customers to change to another product of service: a.) Elevations b.) Expectations c.) Switching costs d.) D...

HBX PACKAGE DEAL VERIFIED 100% CORRECT

multimodal - ️️If a data set has more than one value with the highest frequency, that data set has more than one mode. A distribution is called bimodal if it has two clearly defined peaks (two points with very high frequency). What is the Multiple R value in a Regression Analysis? - ️️For a single variable linear regression, Multiple R, which is the square root of R², is equivalent to the absolute value of the correlation coefficient. Time series - ️️time series—a data set i...

Accounts Payable Turnover - ️️1. Credit Purchases/Average Accounts Payable 2. COGS/Average Accounts Payable Cash Conversion Cycle - ️️Days Inventory+Average collection period-Days purchases outstanding Qualitative - ️️Need dummy to make it measurable in numbers Finding a Percent - ️️=percentile(array,k) Square Root - ️️=SQRT(#) Norm Distribution - ️️=(x,mean,standard_deviation,cumulative =(z,cumulative) Sum - ️️=sum(A2:A11) To Find Random Data - ️️=Rand(...

Accrued Expenses - ️️Liability account used to record amounts at the end of an accounting period to recognize expenses that were incurred in the period but for which no invoice has yet been received nor payment has yet been made. Examples are salaries/wages payable, accrued rent expense, accrued legal fees. When the accrual is made, the debit is to the appropriate expense account (payroll expense, rent expense, legal expense) and the credit is to the accrued expense account, which is a ...

Income Before Taxes - ️️The amount shown on the Income Statement after all expenses have been taken away from the revenue for the period but before any tax expense for the period. May also be referred to as Pretax Profit. Net Present Value - ️️Is a calculation of the present values of all the cash inflows and outflows of a project or investment. Excel formula =NPV(E4,B3:B12)+B2 Remember,for NPV you have to manually add the negative outflow from time zero related to the initial inv...

124,247 unique listeners per day. The manager finds that the p-value for the hypothesis test is approximately 0.0743. How would you interpret the p-value? - ️️If the average number of unique daily listeners per day is still 131,520, the likelihood of obtaining a sample with a mean at least as extreme as 124,247 is 7.43%. is correct The null hypothesis is that the average number of unique daily listeners per day has not changed, that is, it is still 131,520. Therefore, the p-value of 0....