Midterm Answer Key - ADM 1300

Midterm Answer Key - ADM 1300 - PART II PRiZiBLEfiS ('25...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 4
Background image of page 5
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: PART II PRiZiBLEfiS ('25 Marks} Fiease shew 31% 9f year work; Take ymjr amwerfi is; dwiin paints aiways, 1.} Yea are giver: {ha ibiiewiflg ififémmian: Seiiing Price 058mb {Emit $535: Vafiabifi C0313 {i}? fiafih unii 52G; 5%;33133} Fixeé (7:32:35; $125,8{3i}. firaw the Breakewn i’cin: fiiagmm§ {aheiiag 83%}; 33:55 am? curve apprapriately; shew the hreakeven paint, 1053, am} pmfit. {9 marks} Wm— ‘W~M§»m«mquwg WW {Egg 3' Qmm 9n; $25311} “23g; 8:; W} W _. M, “Way 2;} Thi’ 53:35ng price ofa unit i5 310%}; Ram: (m a :3 yea; lease is $3 {3(5) manthfifi; $aiarics are $1 $988 monthly; insumnce (36315; are $18308 amuafly. Raw ma’ifiriais am $15,5G per wit; per mii are $1 EIEQQ anii {werhead {ciaciy‘icim 818.}81‘6 deiérmigsé ii} fizz $4.39 {331' 23:28. What is the camyany’s Breakeven 933:3 in $3365 Began? in Units? (:13 marks} ” fl - M r} 12,, 5% gggfi “ W “W m :3} i ‘ L" W ,4 ‘ “j, W 3% Zip % %~ 2 ’* MW “e “a ’3’“? ‘ 1"" a x a.“ L, ‘ ,, fl” w r ‘ a if / g5“ 3; if} “‘3 V3 § 322% «a if Efii‘xi‘gfi} » ifiizfixiéi‘k I” M 1; i ii g ii; v 3.} 3%: fixed (‘osig {)t'ABif‘ {3:33:65 2:31: $43888. s’i‘sxuméng ihai x’ziriabk {20315 mamas: b}? 583% and {has gas-mag price £3 increaged by 5%; what wiii the new {31:91} waits eqnai‘? {6 marks} w < {M \4 n K / X g i {Wis} ” 5a?" m ’ 1 a V , wk" ‘* “g X ‘Vwfiifi fl flue: 25%? ff, A My? “a, «113% giafigw as“ AQVANTAGES v Easy t0 form + Dissoive a Preferentiei treatment by government '- Soie ciaim on 31E prefits t Personai incentive/satisfactien ¢ 9ays oniy persenai income tax o Secrecy DiSADVANTAG ES . Uniimited Liabiiity 0 Lack of conttnuity o Ditficuity in raising monies management iimitations 4 Advantages and 4 disadvantages. % mark per advantage/disadvantage + ‘A mark per description 2. ----- "Organize Mission Statement ————— “Goals —————— ——pian —-~--controi ----- «Motivate SYNERGY 1 mark per variabie —- 1 mark for synergy 3. Froxy w right to vote that is given to someone eise Dividend w distributed profits 0? the company to the sharehoider Management - waking with and through inéividueis anti groups in order te achieee desiteé geais Effectiveeess ~ achieving what mu went to achieve Lim§ted Babiiity - iiabfe oniy up to the ameunt invested in the business Coattaii effect 0 the gooé or bed effect a? a weiE—kncwn organization can have on other franchise owners Proactive Approach to Secia§ Reseensibiiity - when a manager seeks out tasks where be/she can be secéaiiy responsib¥e Pre~£mptive right - the right to maintain yew percentage ownership in a company 1 mark per definition. 4, Interest rate Unempieyment Rate Doiier strength Market Demand 1 mark each, described 5. Standardize (1.5, described) Simpfify (1.5, described) Specialize (1.5, described) Money as an incentive ~ Piece rate system (1.5, described) Benefits — production improved (1 mark, described) Probiems - oversimpiification (1 mark, described) 6. a. PM: Stephen Harper {1), PM Jim Fiaherty {1) £3. 1% (2} c. 933.4 USD 2 1CAQ (1}; goods are retatively cheaper in the USA ?. Reeeive Dividenes if deeieeee Share in assets en a proe‘ete basis Inspect the books Preémptiee Right Hoid, own and 58?? shows Vote 22 mark for right, 1.2 mark for oiscusgion 8. Condition of Risk Condition of Certaioty Condition of Uncertainty 3/; mark for condition, 72 mark for discussion 9. Division of Labour Authority and Responsibiiity Unity of Command Line of Authority Centrfiization Unity of Direction Equhy Order initiative Discipiine Remuneration of Personnei Stabéfitw; of ‘fenure Genera? interest over indiyiduaf mtmest ; Esprit do Corps ...
View Full Document

This note was uploaded on 12/09/2010 for the course TELFER ADM 1300 taught by Professor Peterkoppel during the Spring '10 term at University of Ottawa.

Page1 / 5

Midterm Answer Key - ADM 1300 - PART II PRiZiBLEfiS ('25...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online