Week 2 Knowledge Check Score: 19/19 Concepts Mastery Questions MARKETING CONCEPT 100% 1 ADVERTISING STATEMENTS 100% 2 NEW PRODUCT PRICING 100% 3 INTEGRATED MARKETING COMMUNICATIONS 100% 4 SOCIAL RESPONSIBILITY 100% 5 FINANCIAL MARKET PARTICIPANTS 100% 6 FUTURE VALUE 100% 7 NET PRESENT VALUE 100% 8 COST OF CAPITAL 100% 9 FOREIGN EXCHANGE RISK 100% 10 SUPPLY AND DEMAND 100% 11 AS AND AD MODEL 100% 12 MONETARY POLICY 100% 13 DEFICIT 100% 14 BALANCE OF PAYMENTS 100% 15 SHIFTS IN DEMAND 100% 16 ECONOMIC AND TECHNICAL EFFICIENCY 100% 17 PROFIT MAXIMIZATION 100% 18 COMPARATIVE ADVANTAGE 100% 19 Concept: MARKETING CONCEPT Concepts Mastery Questions MARKETING CONCEPT 100% 1 1. Compared with other approaches to business, the marketing concept is distinct in that it A. focuses on sales B. produces new products and services C. creates a broad assortment of products D. focuses on satisfying customers' needs The correct answer is: D. Correct! Concept: ADVERTISING STATEMENTS Concepts Mastery Questions ADVERTISING STATEMENTS 100% 2 2. A company provides its advertising agency with a statement about a new product to use in designing an advertising campaign, and this statement includes a description of the target market, the product type, the primary benefits of using the product, and how this product is different from, and better than, competitive products. What type of statement is this?
Task III A. Use the above situation to complete parts A1 through A4: 1. Provide an algebraic representation of the account balance (y) for each of the two savings plans. X= Months Y= Account Balance Saving Plan A (Y2) with initial balance of 400 Y1 = (20)X+ 400 Saving Plan B (Y2) with initial balance of 600 Y2= (10)X + 600 2. Solve the system of equations algebraically to determine when the two savings plans yield identical balances and state this balance.
Graded Unit 2 - Management Accounting CONTENTS Terms of reference 3 Procedures 3 Findings 3 - 9 Budgetary control process 3 - 7 Budgetary control system 7 - 8 Advantages of budgeting and budgetary control 8 Conclusions 9 Recommendation 9 Bibliography 10 References 11 Appendix 1 12 - 13 Appendix 2 14 - 15 Appendix 3 16 - 19 Appendix 4 20 Appendix 5 21 - 24 Appendix 6 25 Appendix 7 26 - 27 Appendix 8 28
Using each frameworks section summaries an overall hybrid framework can be created that may be best suited for this project. NIST 800-53 ISO/IEC 27002 ISO/IEC 27011 Control Risk Management Supplemental Guidance Policy Control Enhancements Organization Organization References Asset Managment Asset Managment Priority and Baseline Allocation Human resources Human resources Physical and Environmental Physical and Environmental Communications and Operations Communications and Operations Access Control Access Control Acquisition, Development, Maintenance Acquisition, Development, Maintenance Incident Management Incident Management Business Continuity Business Continuity Compliance Telecommunications extended control set A hybrid framework summy would look like the following table: Hybrid Framework Policy Risk Management Asset Managment Business Continuity Priority
Identify and discuss the three main quantitative approaches used for time series forecasting models. (TCO 2) Use the table “Manufacturing Capacity Utilization” to answer the questions below. Manufacturing Capacity Utilization In Percentages Day Utilization Day Utilization 1 82.5 9 78.8 2 81.3 10 78.7 3 81.3 11 78.4 4 79.0 12 80.0 5 76.6 13 80.7 6 78.0 14 80.7 7 78.4 15 80.8 8 78.0 Part (a) What is the project manufacturing capacity utilization for Day 16 using a three day moving average? Part (b) What is the project manufacturing capacity utilization for Day 16 using a six day moving average? Part (c) Use the mean absolute deviation (MAD) and mean square error (TCO 3) Use the table “Food and Beverage Sales for Luigi’s Italian Restaurant” to answer the questions below.
EDEXCEL BTEC Level 3 Diploma in Business UNIT ASSIGNMENT | Unit Number | Unit Name | Credit value | 5 | Business Accounting | 10 | Name of assignment | Business Accounting - JCC Accountants Ltd (part 1) | Name of Assessor | | Start date | Completion date | Duration of assignment | Part 1 22/04/13Part 2 w/c 29/04/13Part 3 w/c 13/05/13 | 29/04/1313/05/1303/06/13 | 1 weeks 2 weeks3 weeks | Feedback date (A grade and actions for improvement will be given and recorded at this point. You can upgrade your work at the unit upgrade date, as listed opposite) | Unit upgrade date (Formative feedback and grade will be given for the entire unit at this stage. You are able to upgrade this unit at this date) | 20/05/13 | 03/06/13 | Scenario/ Vocational context | Assignment part 1 — JCC Accountants Ltd ScenarioYou have just gained the position of a trainee at JCC Accountants Ltd and your supervisor has asked you to prepare a report on the following task: (see task 1 and task 2) | Learning Outcomes for Unit | 1 Understand the purpose of accounting and the categorisation of business income and expenditure 2 Be able to prepare a cash flow forecast 3 Be able to prepare profit and loss accounts and balance sheets 4 Be able to review business performance using simple ratio analysis. | Grading criteria for unit | P1 | Describe the purpose of accounting for an organisation | P2 | Explain the difference between capital and revenue items of expenditure and income | P3 | Prepare a 12 month cash flow forecast to enable an organisation to Manage its cash | P4 | Prepare a profit and loss account and balance sheet for a given organisation | P5 | Perform ratio analysis to measure the profitability, liquidity and efficiency of a given organisation | M1 | Analyse the cash flow problems a business
Location and Facilities: 6 B4: Management Structure: 7 B5. Products and Service: 8 C. Market Analysis 9 C1: Target Market 10 C2: Industry Analysis 11 C3: Competitive Analysis 12 D. Market Strategy 13 D1: 4Ps. 13 D2: Price List- 14 D3: Selling Strategy- 17 D4: Sales Forecast- 18 E. Implementation Strategy 19 E1. Overall Strategy- 19 E2. Implementation- 20 E3.
Thus, the projected available for an item is the previous available + new supply - demand = current projected available. For example, in Week 8 of INP101: previous available of 76 + 0 new supply - GR of 47 = current available of 29. The 29 projected available is what is left AFTER covering the demand (GR) for that week and will be equal to or above the safety stock level (MRP plans to maintain SS levels), so there is enough in the plan to meet demand. MRP always plans suggested supply to cover gross requirements and safety
Like the Income variable the Credit Balance variable is also a quantitative variable. With the sample data provided one was able to compute the following calculations. Data Calculations: | | | | Median | 4090 | | | Mode | 3890 | | | Mean | 3964.06 | | | Standard Deviation | 933.4941 | | | Total Sample Variance | 871411.2 | | | Maximum | 5678 | | | Minimum | 1864 | | | Range | 3814 | | | Class width | 476.75 | rounded :500 | In the process of analysing the data one drafted a frequency distribution table which included a total of 8 classes. The frequency for each class was developed along with the calculation of the classes’ midpoint. Taking this information a Histogram bar graph was created.
Completed with 60-79% accuracy, thoroughness, and logic. Sufficiently defined due process and its origins. Completed with 80-89% accuracy, thoroughness, and logic. Fully defined due process and its origins. Completed with 90-100% accuracy, thoroughness, and logic.