Problem Sets & Suggested Answers: Chapter 01
1. Agency Problems of MNCs.
(a) Explain the agency problem of MNCs
(b) Would the agency problem be more pronounced for Berkely Corp., which has its
parent company make most major decisions for its foreign subsi
Business Process Reengineering
A process is set of logically related tasks
performed to achieve a defined business
A collection of activities that, taken
together, create value for customer e.g.
new product for customer. This
Business Functions and
History of Information Systems
Functional systems facilitated the work of a single
department or function.
These systems grew as a natural expansion of the
capabilities of s
Some companies use many forms of price variation
, such as end-of-year refunds, discounts, change of
terms and conditions with time, various prepayme
nts, cascaded rebates, seasonal promotions, and pr
ogressive price reductions.
Financial Analysis consists of reports for showi
ng the most accurate picture of your business.
Enables you to automate recurring actions and
to change your operations quickly when a com
pany-wide problem (such as cash rese
Introduction to ERP
Context of ERP
What is ERP?
Why all the fuss about ERP?
What is ERP offering?
What is driving the ERP Movement?
ERP Failure and Success
Historical Context of ERP
Setting up the manufacturing process
Defining our bill of materials
Manufacturing our final product
Analyzing the inventory report
A real-world example
producing a custom-printed t-shirt
Define a bill of
Customer Relationship Management
Developing a plan for implementing CRM syste
Installation and configuration of the CRM modu
Defining sales staff and assigning them to cust
Managing new leads and sales opportunities
Using CRM as a
Unit 1. Company Setup
Load your preferred language if needed.
Users and groups provide the structure for specify
At a Glance
1. Open Source : The software is published under the AGPL license.
2. Complete :
OpenERP is a comprehensive suite of business applications including
1. Sales Management,
2. Customer Relationship Management (CRM),
3. Purchases Mana
Conditional Clauses (If clauses)
Facts / Truth
1. If the doctor cures, the sun sees it; but if he kills, the earth hides
2. If you pour oil on water, it floats.
3. If metal gets hot, it expands.
4. If I stay up late, I find it hard to ge
The reader is introduced to Nick Carraway, the narrator of the book. Nick talks about
his midwestern beginnings and how he came to the New York area to work in bonds.
He moves to a small house in West Egg, which is very near to Tom and Daisy
Problem Sets and Suggested Answers: Chapter 3
1. Cross Exchange Rate. Assume Polands currency (the zloty) is worth $.17 and the Japanese
yen is worth $.008. What is the cross rate of the zloty with respect to yen? That is, how many yen
equal a zloty?
Student number: 1047533
Name: Yuan Hsiao
Evaluation of Research Paper
The economic role of the audit in free and regulated markets: a look
back and look forward
Author Name: Wanda A. Wallance
(1) Evaluate the importance of the rese
Auditor Fees and Auditor
Evidence from Going Concern
1047520 Tom Tang
1047533 Yuan Hsaio
Literature review and hypotheses
Robustness and add
BRIEF REPORT OF AN MNC
FREEPORT INDONESIA INC.
1012668 Nova Elaine - Yuan Ze University
International Financial Management
1012668 Nova Elaine
Introduction to Freeport Indonesia Inc.
Founded in 1912, Freeport-McMoRan has now become one of the largest
1. A homogeneous products duopoly faces a market demand
function given by P = 300 - 3Q, where Q = Q1 + Q2. Both
firms have a constant marginal cost MC = 100.
a) What is Firm 1s profit-maximizing quantity, given that
Firm 2 produces an output of 50 units p
Ray buys only hamburgers and bottles of beer out of a
weekly income of $100. He currently consumes 20 bottles of
beer per week, and his marginal utility of beer is 6. The price
of beer is $2 per bottle. Currently, he also consumes 15
hamburgers per week,
Purchase and Sales
Place a Purchase Order (PO) with Plumbing Component S
uppliers for 10 Titanium Alloy Radiators at a unit price of
Receive these products at your Goods In.
Generate a purchase invoice.
Pay your supp