The Ten-Day MBA 4th Ed.

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The Ten-Day MBA 4th Ed. Page 37

by Steven A. Silbiger


  Friedman, Thomas, 360

  friendly acquisition, 245

  fulfillment, of sales orders, 47

  functional strategies, 336

  functional structure, of organization, 142, 329

  futures, 226–228

  future value, 171

  quantitative analysis table, 403

  Gabarro, John, 137

  Galbraith, John Kenneth, 311–312

  game theory, 350–351

  Gantt, Henry, 265

  Gantt chart scheduling, 265–266,

  287

  Generally Accepted Accounting Principles (GAAP), 73–74

  general partnerhips, 201

  General Theory of Employment, Interest and Money, The (Keynes), 300

  geographic market segmentation, 13

  geographic structure, of organization, 143

  Gilbreth, Frank and Lillian, 258

  Gilder, George, 313

  globalization, strategy and, 358–360, 365

  GNP deflator index, 302

  GNP equation, 303–304

  goal congruence, in organizational behavior, 126, 158

  goals, of organization, 331, 332

  going concern, in accounting, 78–79

  government securities, as monetary policy tool, 309

  Green, Scott, 69

  Greiner, Larry, 153

  gross domestic product (GDP),

  302–303

  gross lease, 386

  gross margin, 89, 91, 117

  gross national product (GNP),

  301–307, 325

  gross rating points (GRPs), in advertising, 39

  gross rent multiplier, real estate valuation and, 388

  growth/share matrix, 352–354

  growth stage, of product life cycle, 18

  halo effect, 44

  Hammer, Michael, 357–358

  Hawthorne effect, 258–259

  hedge funds, 206

  hedging, as options strategy, 226

  Hertzberg, Fred, 127

  hierarchy of needs, 127

  high-involvement products, 9–12

  historical costs, 77–78

  home ownership, personal financial planning and, 396

  horizontal integration, 334–335

  hostile takeover, 245

  human relations movement, in production management, 258

  human talent flow pyramid, 151

  hurdle rate, 174, 175

  hybrid structure, of organization, 147–148

  implementation, of strategies, 364

  impossible trilogy, exchange rates and, 318–319

  income statement, 89–95, 117

  gross margin, 89, 91

  journal entries, 92–94

  link to balance sheet, 94–95

  net income, 91–92

  operating profit, 91

  incrementalism, strategy and, 362, 365

  independent variables, in regression analysis, 189–190

  industry analysis, strategy and,

  338–342, 365

  inelastic demand, 296

  inflation, Keynesian thought and, 301–307, 308–309

  influencers, of consumer behavior, 7

  infomercials, 46

  information search, in consumer analysis, 7

  information technology (IT), 283–285

  initial pubic offering (IPO), 235

  in-store demonstrations, 44

  integration, strategy and, 333–335, 365

  interactive voice response (IVR),

  283–284

  internal accounting controls, 68, 69

  internal rate of return (IRR),

  175–176, 197

  International Accounting Standards Board (IASB), 73–74

  international business

  globalization and, 358–360, 365

  research resource for, 369

  tips for conducting, 372

  international economics, 313–324

  balance of payments, 315–316, 325

  comparative advantage of nations, 314–315

  country analysis, 319–324, 325

  exchange rate and price parity, 316–318

  exchange rate systems, 318–319

  International Financial Reporting Standards (IFRS), 73–74

  Internet

  marketing on, 46–47

  research resources on, 367–369

  role in distribution channels, 31

  intrapreneur, 311

  introduction stage, of product life cycle, 18

  inventory, in operations, 260,

  270–276

  economic order quantity, 272–274, 287

  inventory flow diagram, 270–271

  just-in-time inventory, 271–272

  material requirements planning, 274–276, 287

  types by reason for holding,

  271–272, 287

  types by stage of production,

  270–271, 287

  investing activities, in statement of cash flows, 101–102

  investment and spending curve (IS), 305–306

  investment bankers, 235, 244, 354

  investments, corporate finance and, 203–211

  capital asset pricing model,

  207–209, 255

  efficient frontier, 207, 255

  efficient market hypothesis,

  209–211

  risk and return issues, 203–207

  investments, personal, 397

  investments, types and valuation methods, 211–228

  bond market, 211–216, 255

  derivatives, 226–228

  options market, 221–226

  stock market, 217–221

  “invisible hand,” 311

  IS/LM curve of the goods, 305–307

  Jeffers, Susan, 390, 392–393

  job design, in organizational behavior, 128–129

  job fractionalization, 257

  Jobs, Steven, 153–155

  job shop production system, 262–263

  Johnson, Spencer, 393–394

  journal entries, in accounting, 84–85, 92–94

  junk bonds, 216

  Juran, Joseph, 277, 278

  just-in-time (JIT) inventory, 271–272

  kaizen, 260

  kanban, 272

  Keynes, John Maynard, 300. See also Keynesian thought

  Keynesian thought

  employment and, 301–307, 325

  monetarist thought contrasted, 300–301, 303–304, 307–309, 310, 324

  key word advertising, 46–47

  Kotler, Philip, 2

  Kotter, John, 137

  Laffer, Arthur, 312–313, 325

  Laffer curve, 312–313

  leadership, 129–131, 389–395

  learning curve, strategy and, 343–346, 363, 365

  learning organizations, 150

  lease financing, 233

  least squares method, in regression analysis, 190

  legal issues. See also business law

  basic steps in legal process,

  374–375

  signaling strategy, 348–349

  legitimate power, 139

  leverage buyout (LBO), 246

  liabilities, 82–84

  LIFO (Last In First Out), 79–80

  limited partnerships, 201

  linear programming, capacity constraints and, 263–265, 287

  linear regression, 189

  line extension, 32–34

  linkages. See synergy

  liquidity

  balance sheet and, 86–87

  liquidity ratios, 105

  liquidity and money curve (LM),

  305–306

  logical incrementalism, 362, 365

  low-cost producers (LCPs), 343

  low-involvement products, 9–12

  M1 and M2 (money supply), 307

  macroeconomics, 299–310, 324, 325

  economists of note, 310–313

  Keynesian and monetarist thought contrasted, 300–301, 303–304, 307–309,
310, 324

  Keynesian thought and employment, 301–307, 325

  monetarist thought and economic growth, 307–310, 325

  Madoff, Bernie, 44, 60, 393

  management by objective (MBO), 139–140

  management by walking around (MBWA), 140

  management science, 259

  managerial accounting, 111–114, 276

  Manager’s Guide to the Sarbanes-Oxley Act (Green), 69

  margin account, 227

  marginal propensity to consume (MPC), 304

  marginal revenue (MR)/marginal cost (MC), 292–295, 325

  marginal utility, 295

  margins, 37

  market analysis, 16–20, 57

  marketing, 1–59

  competitive analysis, 21–26

  consumer analysis, 4–16

  distribution analysis, 26–31

  economics and, 50–55

  market analysis, 16–20

  marketing mix development,

  32–50

  revision of plan, 56

  strategy process outlined, 3–4, 5, 57–59

  market risk premium (MRP), 208

  market share leverage, 23

  market structures, 298–299, 325

  market value added (MVA), 358

  markups, 28

  Maslow, Abraham, 127

  mass customization, 282–283

  mass/intensive distribution, 35–36

  matching, of sales to costs, 76, 91

  materiality, in accounting, 80

  material requirements planning (MRP), 274–276, 287

  matrix structure, of organization, 143, 145, 147

  maturity stage, of product life cycle, 18–19

  Mayo, Elton, 258–259, 287

  McClelland, David, 127

  McGregor, Douglas, 259

  McKinsey & Company, 354–355, 362

  mean µ/median/mode, 181–182,

  198

  media clutter, 40

  mergers and acquisitions (M&A), 244–254

  making bid, 254

  reasons for, 244–245

  types of, 245–246

  valuation process, 246–254

  microeconomics, 291–299, 324

  marginal revenue and cost,

  292–295, 325

  marginal utility, 295

  market structures, 298–299, 325

  opportunity costs, 292

  price elasticity of demand,

  295–297, 325

  Miller, Merton, 237–238

  mind-mapping, 132, 133

  mission statement, strategy and,

  331–332

  Modigliani, Franco, 237–238

  monetarist thought

  economic growth and, 307–310, 325

  Keynesian thought contrasted,

  300–301, 303–304, 307–309, 310, 324

  monetary policy tools, 309–310

  money markets, IS/LM curve and, 305–307

  money supply, 307–308

  monopolies, 298–299

  Monte Carlo simulations, 188

  multifactor analysis, 354–355

  multinational corporations (MNCs). See globalization; international economics

  multiple cash flow per share, 220

  multiple of book value per share, 219

  multiplier effect, 304, 325

  multivariable regression, 194

  naive relativism, 63

  naked options, 222

  NASDAQ, 235

  natural law, ethics and, 64

  need categories, in marketing, 5–6, 59

  negotiating tips, 371–372

  net income, 91–92, 100–101

  net national product (NNP), 302–303

  Net Operating Profit After Tax (NOPAT), 248–249

  net present value (NPV). See also present value

  bond valuation, 212–214

  business investment decisions, 228, 230–232

  cash flow analysis, 172–175, 197

  M&A valuation, 251–252

  net working capital, 87, 117

  New Industrial State, The (Galbraith), 312

  Newton, Derek A., 41

  nominal GNP, 302

  normal distribution (bell curve),

  180–185, 198, 278

  quantitative analysis table, 404

  novation, 381

  NYSE (New York Stock Exchange), 235

  objectivity rule, in accounting,

  76–77

  office procedures, 135–140

  Okun, Arthur, 312

  Okun’s Law, 312

  oligopoly, 298

  open market operations, 309

  operating activities, in statement of cash flows, 100–101

  operating income, 92

  operating leases, 233

  operating profit, 91

  operational research (OR), 259

  operations, 256–287

  current topics in, 281–284

  historical improvements in,

  257–260

  problem solving framework,

  260–276, 287

  standards and control, 260,

  276–281

  opportunity costs, 292

  optimal capital structure, 239–244, 255

  options market, 221–226. See also derivatives

  organizational behavior, 119–158

  individual level, 124–140

  organizational level, 140–157

  problem-solving model, 120–124

  organizational tinkering, 327

  Ouchi, William, 259–260

  over the counter (OTC) traded stocks, 235

  owners’ equity, 82–84, 88–89

  paradigms, in organizational behavior, 150, 158

  parol evidence rule, 380–381

  partnerships, 201

  patent research, 367

  payback period

  business investment decisions,

  229–230

  marketing costs, 55

  Pearson Tukey Method, 188

  pegging, of currency, 318

  PEG ratio, 219

  penetration strategy, pricing and, 48–49

  performance appraisals, 135–136

  perpetual mapping, 23–26, 34, 59

  perpetuity bonds, 215

  personality traits, of MBAs,

  129–134

  personal selling, 40–41

  PERT (Program Evaluation and Review Technique), 265–266

  Peters, Thomas J., 327. See also Seven S strategy model

  Phillips, A. W., 308

  Phillips curve, 309

  Phillips, Julien R., 327

  Pickens, T. Boone, 245–246

  place of sale decisions, 35–37

  planograms, 30

  point-of-purchase (POP) displays, 43

  Poison distribution, 185

  Porter, Michael, 338

  portfolio strategies, 351–357, 365

  positioning of product, 25–26, 34

  postpurchase behavior,

  of consumer, 8

  powers, in organizational behavior, 138–139, 158

  preferred stock, 220–221

  premiums, 42–43

  present value, quantitative analysis table, 402

  price-earnings ratio (PE), 218

  price elasticity of demand, 49–50, 295–297, 325

  price-to-sales ratio, 219

  price variances, in managerial accounting, 111–112, 118

  pricing decisions, in marketing,

  47–50, 59

  prime rate, 309

  Principles of Policy, Economy and Taxation (Ricardo), 314

  priority of claims, in business law, 384

  Prisoner’s Dilemma, 349–350, 365

  privity rule, 381

  probability density function, 177, 180

  probability mass function, 177, 180

  probability theory, 176–189

  Beta and corporate investments, 204

  binomial distribution, 177–179, 198


  cumulative distribution functions, 185–189, 198

  normal distribution, 180–185, 198

  probability distributions, 176–177, 197

  problem-solving approach, to selling, 40–41

  problem solving framework, in operations, 260–276, 287

  inventory, 260, 270–276

  scheduling, 260, 265–270

  Six M’s of Capacity, 260, 261–265, 287

  problem-solving model, in organizational behavior,

  120–124

  procedural laws, 373

  producer price index (PPI), 302

  product decisions, marketing and, 32–35

  product involvement, marketing and, 9–12, 59

  production methods, 262–263

  product liability, 380

  product life cycle (PLC), 17–20,

  34–35, 59, 346

  product structure, of organization, 143

  profitability index (PI), 231–232

  profitability ratios, 105, 108–109

  profit goals, 49

  promotional decisions, 37–47

  property law, 378

  proprietorships, 200–201

  psychographic market segmentation, 13

  psychology (APCFB model), 134–136, 158

  publications, for keeping current, 370–371

  public relations/publicity, 44–46

  public speaking tips, 371

  pull/push promotion strategies, 38

  purchase decisions, 8

  purchase money security interest (PMSI), 384

  purchase price variances, in managerial accounting, 113–114

  purchasing-power parity theory, 317

  pure competition, 299

  pure monopoly, 298

  put options, 222–223, 225, 255

  quality, pricing decisions and, 49

  quality circles, 260

  quality control, 277–281

  quality of work life (QWL), 129

  quantitative analysis, 159–199

  cash flow analysis, 166–176

  decision tree analysis, 160–166, 197

  probability theory, 176–189

  regression analysis and forecasting, 189–196, 198

  tables, 402–404

  quantitative easing (QE), 309

  Quantity Theory Equation of Money, 307–308

  question marks, in growth/share matrix, 353

  queuing theory, 268–270, 287

  Quinn, James Brian, 362

  R (range) control charts, 280, 281

  ratios

  capital structure issues, 237–239

  dividend payout and, 242

  stock valuation and, 218–219

  ratios, reading financial statements with, 104–111, 118

  activity ratios, 105, 107–108

  capitalization ratios, 105, 106

  Du Pont chart, 109–110

  industry-specific nature of,

  110–111

  liquidity ratios, 105

  profitability ratios, 105, 108–109

  reach, in advertising, 39

  real estate investing tips, 386–389

  rebates, marketing and, 42

 

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