Book review The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public by Lynn Stout Provide 1) a 900 word review of this book (word range 900-1,200) and 2) a 350 word reflection where you force yourself to relate the message of the book . As per the format of the review, I like the ones done by the folks of the WSJ. This is an example: http://forums.delphiforums.com/diversecity/messages?msg=17531.1264 or http://www.wsj.com/articles/book-review-how-adam-smith-can-change-your-life-by-russ-roberts-1413846808?KEYWORDS=book+reviews

Book review The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public by Lynn Stout Provide 1) a 900 word review of this book (word range 900-1,200) and 2) a 350 word reflection where you force yourself to relate the message of the book . As per the format of the review, I like the ones done by the folks of the WSJ. This is an example: http://forums.delphiforums.com/diversecity/messages?msg=17531.1264 or http://www.wsj.com/articles/book-review-how-adam-smith-can-change-your-life-by-russ-roberts-1413846808?KEYWORDS=book+reviews

The Shareholder Value Myth: How Putting Shareholders First Harms Investors, … Read More...
ABC Corporation’s HRD department has a business meeting with the strategic planning committee to discuss succession planning. You have been asked to come up with a small-group discussion or activity related to career development. The entire meeting will focus on this topic and will begin with a presentation by the HRD Director, followed by a panel discussion, followed by this activity.

ABC Corporation’s HRD department has a business meeting with the strategic planning committee to discuss succession planning. You have been asked to come up with a small-group discussion or activity related to career development. The entire meeting will focus on this topic and will begin with a presentation by the HRD Director, followed by a panel discussion, followed by this activity.

OCCUPATION DEVELOPMENT ACTION PLAN addresses our individual and occupation growth … Read More...
1-Two notions serve as the basis for all torts: wrongs and compensation. True False 2-The goal of tort law is to put a defendant in the position that he or she would have been in had the tort occurred to the defendant. True False 3-Hayley is injured in an accident precipitated by Isolde. Hayley files a tort action against Isolde, seeking to recover for the damage suffered. Damages that are intended to compensate or reimburse a plaintiff for actual losses are: compensatory damages. reimbursement damages. actual damages. punitive damages. 4-Ladd throws a rock intending to hit Minh but misses and hits Nasir instead. On the basis of the tort of battery, Nasir can sue: Ladd. Minh. the rightful owner of the rock. no one. 4-Luella trespasses on Merchandise Mart’s property. Through the use of reasonable force, Merchandise Mart’s security guard detains Luella until the police arrive. Merchandise Mart is liable for: assault. battery. false imprisonment. none of the choice 6-The extreme risk of an activity is a defense against imposing strict liability. True False 7-Misrepresentation in an ad is enough to show an intent to induce the reliance of anyone who may use the product. True False 8-Luke is playing a video game on a defective disk that melts in his game player, starting a fire that injures his hands. Luke files a suit against Mystic Maze, Inc., the game’s maker under the doctrine of strict liability. A significant application of this doctrine is in the area of: cyber torts. intentional torts. product liability. unintentional torts 9-More than two hundred years ago, the Declaration of Independence recognized the importance of protecting creative works. True False 10-n 2014, Cloud Computing Corporation registers its trademark as provided by federal law. After the first renewal, this registration: is renewable every ten years. is renewable every twenty years. runs for life of the corporation plus seventy years. runs forever. 11-Wendy works as a weather announcer for a TV station under the character name Weather Wendy. Wendy can register her character’s name as: a certification mark. a trade name. a service mark. none of the choices 12-Much of the material on the Internet, including software and database information, is not copyrighted. True False 13-In a criminal case, the state must prove its case by a preponderance of the evidence. True False 14-Under the Fourth Amendmentt, general searches through a person’s belongings are permissible. True False 15-Maura enters a gas station and points a gun at the clerk Nate. She then forces Nate to open the cash register and give her all the money. Maura can be charged with: burglary. robbery. larceny. receiving stolen property. 16-Reno, driving while intoxicated, causes a car accident that results in the death of Santo. Reno is arrested and charged with a felony. A felony is a crime punishable by death or imprisonment for: any period of time. more than one year. more than six months. more than ten days. 17-Corporate officers and directors may be held criminally liable for the actions of employees under their supervision. True False 18-Sal assures Tom that she will deliver a truckload of hay to his cattle ranch. A person’s declaration to do a certain act is part of the definition of: an expectation. a moral obligation. a prediction. a promise. 19-Lark promises to buy Mac’s used textbook for $60. Lark is: an offeror. an offeree a promisee. a promisor. 20-Casey offers to sell a certain used forklift to DIY Lumber Outlet, but Casey dies before DIY accepts. Most likely, Casey’s death: did not affect the offer. shortened the time of the offer but did not terminated it. extended the time of the offer. terminated the offer.

1-Two notions serve as the basis for all torts: wrongs and compensation. True False 2-The goal of tort law is to put a defendant in the position that he or she would have been in had the tort occurred to the defendant. True False 3-Hayley is injured in an accident precipitated by Isolde. Hayley files a tort action against Isolde, seeking to recover for the damage suffered. Damages that are intended to compensate or reimburse a plaintiff for actual losses are: compensatory damages. reimbursement damages. actual damages. punitive damages. 4-Ladd throws a rock intending to hit Minh but misses and hits Nasir instead. On the basis of the tort of battery, Nasir can sue: Ladd. Minh. the rightful owner of the rock. no one. 4-Luella trespasses on Merchandise Mart’s property. Through the use of reasonable force, Merchandise Mart’s security guard detains Luella until the police arrive. Merchandise Mart is liable for: assault. battery. false imprisonment. none of the choice 6-The extreme risk of an activity is a defense against imposing strict liability. True False 7-Misrepresentation in an ad is enough to show an intent to induce the reliance of anyone who may use the product. True False 8-Luke is playing a video game on a defective disk that melts in his game player, starting a fire that injures his hands. Luke files a suit against Mystic Maze, Inc., the game’s maker under the doctrine of strict liability. A significant application of this doctrine is in the area of: cyber torts. intentional torts. product liability. unintentional torts 9-More than two hundred years ago, the Declaration of Independence recognized the importance of protecting creative works. True False 10-n 2014, Cloud Computing Corporation registers its trademark as provided by federal law. After the first renewal, this registration: is renewable every ten years. is renewable every twenty years. runs for life of the corporation plus seventy years. runs forever. 11-Wendy works as a weather announcer for a TV station under the character name Weather Wendy. Wendy can register her character’s name as: a certification mark. a trade name. a service mark. none of the choices 12-Much of the material on the Internet, including software and database information, is not copyrighted. True False 13-In a criminal case, the state must prove its case by a preponderance of the evidence. True False 14-Under the Fourth Amendmentt, general searches through a person’s belongings are permissible. True False 15-Maura enters a gas station and points a gun at the clerk Nate. She then forces Nate to open the cash register and give her all the money. Maura can be charged with: burglary. robbery. larceny. receiving stolen property. 16-Reno, driving while intoxicated, causes a car accident that results in the death of Santo. Reno is arrested and charged with a felony. A felony is a crime punishable by death or imprisonment for: any period of time. more than one year. more than six months. more than ten days. 17-Corporate officers and directors may be held criminally liable for the actions of employees under their supervision. True False 18-Sal assures Tom that she will deliver a truckload of hay to his cattle ranch. A person’s declaration to do a certain act is part of the definition of: an expectation. a moral obligation. a prediction. a promise. 19-Lark promises to buy Mac’s used textbook for $60. Lark is: an offeror. an offeree a promisee. a promisor. 20-Casey offers to sell a certain used forklift to DIY Lumber Outlet, but Casey dies before DIY accepts. Most likely, Casey’s death: did not affect the offer. shortened the time of the offer but did not terminated it. extended the time of the offer. terminated the offer.

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Question 1 1. The ________________________ presents the movement in cash and bank balances over a period. 1 points Question 2 1. Which of the following departments is not a support center? marketing telecommunications guest transportation human resources 1 points Question 3 1. The distinction between operating and nonoperating income relates to: Continuity of income. Primary activities of the reporting entity. Consistency of income stream. Reliability of measurements. 1 points Question 4 1. Change statements include a: Retained earnings statement, balance sheet, and cash flow statement. Balance sheet, cash flow statement, and income statement. Cash flow statement, income statement, and retained earnings statement. Retained earnings statement, balance sheet, and income statement. 1 points Question 5 1. Pro forma earnings: Could be considered management’s view of permanent earnings. Are needed for the correction of errors. Are standardized under generally accepted accounting principles Are useful to compare two different firms’ performance. 1 points Question 6 1. The purpose of the statement of retained earnings is to show: the lifetime earnings retained by the corporation. the lifetime cash flow. the lifetime sales. all of the above. 1 points Question 7 1. The study of an individual financial statement item over several accounting periods is called: Ratio analysis. Vertical analysis. Horizontal analysis. Time and motion analysis. 1 points Question 8 1. Which of the following is not an example of an internal user of a company’s financial statements? member of the board of directors department head stockholder top-level manager 1 points Question 9 1. The accounting principle that requires revenue to be reported when earned is the: Matching principle Revenue recognition principle Time period principle Accrual reporting principle Going-concern principle 1 points Question 10 1. Which of the following questions can not be answered by analyzing information presented on a monthly income statement? How profitable was the hospitality operation at the end of the month? How much was spent last month to market the operation’s services? How much cash was on hand at the end of the month? What was the cost of sales for the month? 1 points Question 11 1. The sources of hotel revenue might be: profits and sales. sales, interest income, and dividend income. net income. all of the above. 1 points Question 12 1. Vertical analysis is a tool to evaluate individual financial statement items or groups of items in terms of a specific base amount. True False 1 points Question 13 1. The following is a portion of a comparative analysis: This Year Change Cost of Sales $400,000 (30,000) The cost of sales last year was: $370,000. $430,000. $30,000. $60,000. 1 points Question 14 1. Since everyone knows what an income statement is, there is no need to put a heading on this report. True False 1 points Question 15 1. An analytical procedure in which each income statement amount is stated as a percentage of a base amount, in this case, net sales. 1 points Question 16 1. Groups outside the business who require accounting and financial information. This includes suppliers, bankers, stockholders, and investors. 1 points Question 17 1. Interpretation of data shown on a common-size income statement can be simplified by: zeroing out the income statement bookkeeping accounts. classifying dividends as a business expense. restating the percentages as a component of the sales dollar. redesigning the statement. 1 points Question 18 1. The following information is provided: Dividends paid this year $ 30,000 Dividends declared this year 40,000 Net income this year 100,000 Retained earnings, start of year 150,000 The retained earnings at the end of this year are: $180,000. $220,000. $210,000. $260,000. 1 points Question 19 1. Horizontal analysis is also known as: Liquidity analysis. Absolute analysis. Revenue analysis. Trend analysis. 1 points Question 20 1. At the end of Year 1, the income statement for the Roadside Inn showed net income at $50,000. At the end of Year 2, the income statement showed $100,000 in net income. A horizontal analysis of the income statements would show the relative difference between the two years as: $50,000. $20,000. 100%. 50%. 1 points Question 21 1. Financial statement analysis is the application of analytical tools to general-purpose financial statements and related data for making business decisions. True False 1 points Question 22 1. Following is a portion of an income statement: 20X8 20X7 Sales $180,000 $190,000 In a comparative analysis, the percentage change from 20X7 to 20X8 is: A 105% decrease. A 94.7% Decrease A 5.6% Decrease A 5.3% Decrease 1 points Question 23 1. A fiscal year consists of any twelve consecutive months. True False 1 points Question 24 1. Financial statements intended for internal users. These statements present detailed information on each responsibility area ant the hotel as a whole. 1 points Question 25 1. Financial statements are usually prepared at the end of each fiscal period. True False

Question 1 1. The ________________________ presents the movement in cash and bank balances over a period. 1 points Question 2 1. Which of the following departments is not a support center? marketing telecommunications guest transportation human resources 1 points Question 3 1. The distinction between operating and nonoperating income relates to: Continuity of income. Primary activities of the reporting entity. Consistency of income stream. Reliability of measurements. 1 points Question 4 1. Change statements include a: Retained earnings statement, balance sheet, and cash flow statement. Balance sheet, cash flow statement, and income statement. Cash flow statement, income statement, and retained earnings statement. Retained earnings statement, balance sheet, and income statement. 1 points Question 5 1. Pro forma earnings: Could be considered management’s view of permanent earnings. Are needed for the correction of errors. Are standardized under generally accepted accounting principles Are useful to compare two different firms’ performance. 1 points Question 6 1. The purpose of the statement of retained earnings is to show: the lifetime earnings retained by the corporation. the lifetime cash flow. the lifetime sales. all of the above. 1 points Question 7 1. The study of an individual financial statement item over several accounting periods is called: Ratio analysis. Vertical analysis. Horizontal analysis. Time and motion analysis. 1 points Question 8 1. Which of the following is not an example of an internal user of a company’s financial statements? member of the board of directors department head stockholder top-level manager 1 points Question 9 1. The accounting principle that requires revenue to be reported when earned is the: Matching principle Revenue recognition principle Time period principle Accrual reporting principle Going-concern principle 1 points Question 10 1. Which of the following questions can not be answered by analyzing information presented on a monthly income statement? How profitable was the hospitality operation at the end of the month? How much was spent last month to market the operation’s services? How much cash was on hand at the end of the month? What was the cost of sales for the month? 1 points Question 11 1. The sources of hotel revenue might be: profits and sales. sales, interest income, and dividend income. net income. all of the above. 1 points Question 12 1. Vertical analysis is a tool to evaluate individual financial statement items or groups of items in terms of a specific base amount. True False 1 points Question 13 1. The following is a portion of a comparative analysis: This Year Change Cost of Sales $400,000 (30,000) The cost of sales last year was: $370,000. $430,000. $30,000. $60,000. 1 points Question 14 1. Since everyone knows what an income statement is, there is no need to put a heading on this report. True False 1 points Question 15 1. An analytical procedure in which each income statement amount is stated as a percentage of a base amount, in this case, net sales. 1 points Question 16 1. Groups outside the business who require accounting and financial information. This includes suppliers, bankers, stockholders, and investors. 1 points Question 17 1. Interpretation of data shown on a common-size income statement can be simplified by: zeroing out the income statement bookkeeping accounts. classifying dividends as a business expense. restating the percentages as a component of the sales dollar. redesigning the statement. 1 points Question 18 1. The following information is provided: Dividends paid this year $ 30,000 Dividends declared this year 40,000 Net income this year 100,000 Retained earnings, start of year 150,000 The retained earnings at the end of this year are: $180,000. $220,000. $210,000. $260,000. 1 points Question 19 1. Horizontal analysis is also known as: Liquidity analysis. Absolute analysis. Revenue analysis. Trend analysis. 1 points Question 20 1. At the end of Year 1, the income statement for the Roadside Inn showed net income at $50,000. At the end of Year 2, the income statement showed $100,000 in net income. A horizontal analysis of the income statements would show the relative difference between the two years as: $50,000. $20,000. 100%. 50%. 1 points Question 21 1. Financial statement analysis is the application of analytical tools to general-purpose financial statements and related data for making business decisions. True False 1 points Question 22 1. Following is a portion of an income statement: 20X8 20X7 Sales $180,000 $190,000 In a comparative analysis, the percentage change from 20X7 to 20X8 is: A 105% decrease. A 94.7% Decrease A 5.6% Decrease A 5.3% Decrease 1 points Question 23 1. A fiscal year consists of any twelve consecutive months. True False 1 points Question 24 1. Financial statements intended for internal users. These statements present detailed information on each responsibility area ant the hotel as a whole. 1 points Question 25 1. Financial statements are usually prepared at the end of each fiscal period. True False

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Rationale In order to communicate in a business environment, you need to know the language. The questions below are basic concepts that all business professionals should know. Instructions Answer each of the questions below in complete sentences. At the end of the answer include the source. This does not need to be in formal MLA documentation; the URL is sufficient. Remember that plagiarism results in a 0. Do not cut and paste. Write the answers in your own words. Be prepared to discuss the answers in class. What are the differences between the board of directors and the chief executive officer (CEO)? (4 points) List and define the four functions of management. Hint: The answer is in the textbook (8 points) List and define 7 departments that would be found at a mid-size helicopter manufacturing company. (14 points) What are the difference between public relations (PR), advertising, and marketing? (6 points) List and define 3 communication concerns in the aviation industry. (6 points) List the 3 major accounting reports and what they tell about the company. (6 points) What are the differences between stock, bonds, and mutual funds? (6 points) Formatting Memo Format – Use your personal letterhead and address the memo to me. THIS IS FOR A BUSINESS COMMUNICATION CLASS

Rationale In order to communicate in a business environment, you need to know the language. The questions below are basic concepts that all business professionals should know. Instructions Answer each of the questions below in complete sentences. At the end of the answer include the source. This does not need to be in formal MLA documentation; the URL is sufficient. Remember that plagiarism results in a 0. Do not cut and paste. Write the answers in your own words. Be prepared to discuss the answers in class. What are the differences between the board of directors and the chief executive officer (CEO)? (4 points) List and define the four functions of management. Hint: The answer is in the textbook (8 points) List and define 7 departments that would be found at a mid-size helicopter manufacturing company. (14 points) What are the difference between public relations (PR), advertising, and marketing? (6 points) List and define 3 communication concerns in the aviation industry. (6 points) List the 3 major accounting reports and what they tell about the company. (6 points) What are the differences between stock, bonds, and mutual funds? (6 points) Formatting Memo Format – Use your personal letterhead and address the memo to me. THIS IS FOR A BUSINESS COMMUNICATION CLASS

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