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FROM CLASS ACTIVITIES, HOMEWORK, AND QUIZZES QUESTIONS IN LUCTURER’S CLASS. FOR GROUP: E1 & E2

REVIEW FOR MID-TERM EXAM ENB202. FROM CLASS ACTIVITIES, HOMEWORK, AND QUIZZES QUESTIONS IN LUCTURER’S CLASS. FOR GROUP: E1 & E2. CHAPTER ONE: THE FINANCE. COMPREHENSIVE QUESTIONS AND COMPREHENSIVE ANSWERINGS OF CHAPTER TWO. COMPREHENSIVE QUESTIONS. - What is primary market and

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FROM CLASS ACTIVITIES, HOMEWORK, AND QUIZZES QUESTIONS IN LUCTURER’S CLASS. FOR GROUP: E1 & E2

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  1. REVIEW FOR MID-TERM EXAM ENB202 FROM CLASS ACTIVITIES, HOMEWORK, AND QUIZZES QUESTIONS IN LUCTURER’S CLASS. FOR GROUP: E1 & E2

  2. CHAPTER ONE: THE FINANCE COMPREHENSIVE QUESTIONS AND COMPREHENSIVE ANSWERINGS OF CHAPTER TWO.

  3. COMPREHENSIVE QUESTIONS - What is primary market and secondary market? Describe the transaction in each market.

  4. COMPREHENSIVE ANSWERS • Primary market is referred to the original sale of securities by government and corporations. The transition of this market is to raise fund for corporation including public offering andprivate placement. • Secondary market are those in which securities are bought and sold after sale. The transition is depend on dealer market and auction market.

  5. COMPREHENSIVE QUESTIONS What is security? What is bond?

  6. COMPREHENSIVE ANSWERS • Security: investment in a company or in government debt which can be traded on the financial markets and which produces an income for the investor (= someone giving money hoping to get more back). • Bonds: an official paper given by the government or a company to show that you have lent them money that they will pay back to you at an interest rate that does not change.

  7. COMPREHENSIVE QUESTIONS It is said that without financial planning, a business operation will be stuck. Explain.

  8. COMPREHENSIVE ANSWERS It is said that without financial planning, a business operation will be stuck. Surely, without appropriating financial planning, business owner would have no idea what to do and where they want to go. They need to ensure that there is enough funding is available at the right time to meet the needs of the business including short term and long term. • In the short term, funding may be needed to invest in equipment and stocks, employees payment, and other operations. • In the medium and long term, funding may be required for significant additions to the business expansion including product development or markets development.

  9. COMPREHENSIVE QUESTIONS Explain how financial health of an organization affects its potential growth. Explain.

  10. COMPREHENSIVE ANSWERS Financial health refers to the strength of a business in term of capital resource. Having a good capital resource reflecting having a good cash flow. Cash flow is the lifeblood of every business. Current estimates indicate that 90 per cent of business failure are the result of poor cash flow and debt management practice. Without enough cash for an operation, the business would find no way to develop their businesses. Financial health can help business to develop a new product or new market. Similarly, financial health also can help business to do more investment or reinvestment on equipment, human resource, and other businesses. When the business is growing, it is necessary to secure or to have enough financial support.

  11. COMPREHENSIVE QUESTIONS One of the goals of financial management is to maximize sales and market share. Explain.

  12. COMPREHENSIVE ANSWERS There are many reasons that business owners try to manage their finance securities in their business. However, the most significant reason is to maximize sale and market share. Every business sector tries to show out that they have enough capital or potential growth in order to attract people to invest their money in the form of buying stock or bond. Through this form, the business can increase their price of share and also issue more stock or bond in order to raise fund from public as well as private. As the result, businesses can meet their objectives by using those sufficiency assets from earning.

  13. CHAPTER TWO: RECRUITMENT COMPREHENSIVE QUESTIONS AND COMPREHENSIVE ANSWERINGS OF CHAPTER TWO.

  14. COMPREHENSIVE QUESTIONS When Job Vacancies take place or Occur in an organization?

  15. COMPREHENSIVE ANSWERS It is rare that a business of any size operates for long without having to recruit or remove employees. For example, consider why a business might need to recruit staff: • Business expansion due to • Increasing sales of existing products • Developing new products • Entering new markets • Existing employees leave: • To work with competitors or other local employers • Due to factors such as retirement, sick leave, maternity leave ( give birth) • Business needs employees with new skills • Business is relocating – and not all of existing workforce want to move to new location.

  16. COMPREHENSIVE QUESTIONS Identify a few advantages and disadvantages of Internal Recruitment. Explain each advantage and disadvantage.

  17. COMPREHENSIVE ANSWERS

  18. COMPREHENSIVE QUESTIONS Identify a few advantages and disadvantages of External Recruitment. Explain each advantage and disadvantage.

  19. COMPREHENSIVE ANSWERS

  20. CHAPTER THREE: COUNTERFEITNG COMPREHENSIVE QUESTIONS AND COMPREHENSIVE ANSWERINGS OF CHAPTER THREE

  21. COMPREHENSIVE QUESTIONS • What is Dumping Product? • What is CopyingProduct? • What is Fake Product?

  22. COMPREHENSIVE QUESTIONS • Dumping product refers to product which is sale in foreign country with cheaper price than selling in home country. • Copying product refers to product in which counterfeiters try imitator or copy a genuine product for their own business. • Fake product refers to product in which the counterfeiters produce a product which has really similar to the original or genuine product?

  23. COMPREHENSIVE QUESTIONS How Counterfeit Products Affect Consumers, Business, and Economy?

  24. COMPREHENSIVE ANSWERS • Counterfeiting product can make a seriously affect to consumers, business, and economy as below: • Consumers: health, money, dissatisfaction, value, and so on. • Business: loss revenue, loss trust or loyalty from customers, spend money to fight against piracy, reduce employees, stop conducting market research, and so on. • Economy: loss tax, environmental issue, lose trust from investors, and loss export or import.

  25. CHAPTER FOUR: THE MARKETS COMPREHENSIVE QUESTIONS AND COMPREHENSIVE ANSWERINGS OF CHAPTER THREE

  26. COMPREHENSIVE QUESTIONS What is the difference between sales and marketing?

  27. COMPREHENSIVE ANSWERS Sales: Trying to get the customer to want and need what the company produces. Marketing:Trying to get the company produce what the customer wants and need.

  28. COMPREHENSIVE QUESTIONS What is Marketing? What is market? How many definitions can you make for this term?

  29. COMPREHENSIVE ANSWERS Marketing is one of business functions that increases sales, informs and persuades customers to buy products/services in order to meet the needs/wants of those customers and also reach a business’s goals. Markets refer to the process of bringing sellers and buyers to meet each others in the purpose of exchanging products and services. Markets can be visible and invisible markets. Definitions can be defined according to this different types of markets which they are used.

  30. COMPREHENSIVE QUESTIONS Explain when a demand of a product increases? And when it decreases?

  31. COMPREHENSIVE ANSWERS A demand of a product increases when there is less supply or when the price of a product is low. Moreover, there are some factors which cause this such as consumer income, price of related goods, quality of products, and number of buyers. In contrast, the reasons that decrease in demand are vice versa.

  32. COMPREHENSIVE QUESTIONS From your view, should a product be produced before a market research is done or should a market research is done before a product is produced. Explain.

  33. COMPREHENSIVE ANSWERS From my view, a market research should be done before a product is produced. Market research can help business owners to know what are the products which are needed by customers. By doing so, business owners would not produce products which is less needed or less demanded from customers. Market research also can help business owners to identify the new products that should be launched into a market. In contrast, if a product is produced before doing a market research, the business owners would experience a big loses in sale as the products are not a needs and a wants of customers.

  34. COMPREHENSIVE QUESTIONS Explain how a performance of a product, customer’s expectation, and customer’s satisfaction are related to one another?

  35. COMPREHENSIVE ANSWERS • The relationship between performance of a product, customer’s expectation, and customer’s satisfaction which will highlight as below: • Satisfaction - Based on a comparison of performance and expectations. • Performance > Expectations => Satisfaction • Performance < Expectations => Dissatisfaction

  36. THE END OF PRESENTING WISH YOU GOOD LUCK WITH YOUR MID-TERM EXAM

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