MFT Review by https://padlet.com/gotsch_chaz/lkb71vfme5co Finance, Econ, and BIS en-us 2019-03-01 22:20:44 UTC 2024-11-04 01:47:04 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Condos.png Forms of Organization gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337056797 -Sole proprietorship
-Partnership
-Corporation

]]> 2019-03-01 22:23:26 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337056797 Sole Proprietorship & Partnership gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337056928 Advantages
-Ease of formation
-Subject to few regulations
-No corporate income taxes
Disadvantages
-Difficult to raise capital
-Unlimited liability
-Limited life

]]> 2019-03-01 22:24:17 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337056928 Corporation gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057023 Advantages
-Unlimited life
-Easy transfer of ownership
-Limited liability
-Ease of raising capital
Disadvantages
-Double taxation
-Cost of set-up and report filing

]]> 2019-03-01 22:24:53 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057023 Basic Valuation Model gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057154 2019-03-01 22:25:42 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057154 The Du Pont system gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057460 ROE = (NI/Sales) x (Sales/TA) x (TA/Equity)
Focuses on:
-Expense control (PM)
-Asset utilization (TATO)
D-ebt utilization (Eq. Mult.)
Shows how these factors combine to determine ROE.

]]> 2019-03-01 22:27:38 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057460 The Yield Curve gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057552 2019-03-01 22:28:24 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057552 Management Information Systems gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057916 "MIS deals with the planning for, development, control, and use of information technology tools to help people perform all tasks related to information processing and management."]]> 2019-03-01 22:30:41 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337057916 Definitions gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058072 data  - raw facts that describe a particular phenomenon.
information - data that have a particular meaning within a specific context used for decision making.
business intelligence - knowledge about your customers, your competitors, your partners, your competitive environment, and your own internal operations. Business intelligence comes from information.]]> 2019-03-01 22:31:38 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058072 Data Size gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058256

]]> 2019-03-01 22:32:44 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058256 ERP gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058368 Enterprise resource planning (ERP)  - the method of getting and keeping an overview of every part of the business, so that production, development, selling, and servicing of goods and services will all be coordinated to contribute to the company's goals and objectives.]]> 2019-03-01 22:33:27 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058368 CRM gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058402 Customer relationship management (CRM) system - uses information about customers to gain insights into their needs, wants, and behaviors in order to serve them better.]]> 2019-03-01 22:33:41 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058402 SCM gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058556 Supply chain management (SCM) system - tracks inventory and information among business processes and across companies.]]> 2019-03-01 22:34:41 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058556 Emergent Technologies gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058606 Artificial intelligence (AI) - the science of making machines imitate human thinking and behavior.

Intelligent agent  software that assists the user, or acts on user’s behalf, in performing repetitive computer-related tasks.
 
Neural network (often called an artificial neural network or ANN)  an artificial intelligence system that is capable of finding and differentiating patterns.

Expert system (also called a knowledge-based system)  an artificial intelligence system that applies reasoning capabilities to reach a conclusion.
 
Genetic algorithm  an artificial intelligence system that mimics the evolutionary, survival-of-the-fittest process to generate increasingly better solutions to a problem.
]]> 2019-03-01 22:35:03 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058606 Schools of Thought gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058964 Classical economists generally favor laissez-faire or noninterventionist policies.

Keynesians generally favor activist policies.
]]> 2019-03-01 22:36:46 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337058964 Unemployment gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059065 The unemployment rate is the percentage of people who are willing and able to work but are not working.
Structural unemployment is caused by economic restructuring making some skills obsolete.
-Cyclical unemployment results from fluctuations in economic activity.
Frictional unemployment is the unemployment caused by:
-New entrants into the job market, and
-People quitting a job just long enough to look for and find another one. 
]]> 2019-03-01 22:37:21 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059065 GDP Deflator gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059397 The GDP deflator (gross domestic product deflator) is an index of the price level of aggregate output or the average price of the components in GDP relative to a base year.]]> 2019-03-01 22:39:28 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059397 CPI gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059454 The consumer price index (CPI) measures the prices of a fixed "basket" of consumer goods.
lIt is weighed according to each component's share of an average consumer's expenditures.
]]> 2019-03-01 22:39:57 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059454 PPI gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059504 The producer price index (PPI) is an index of prices that measures average change in selling prices received by domestic producers of goods and services over time.
lIt gives an early indication as to where inflation is headed.
]]> 2019-03-01 22:40:18 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059504 Profit Maximization gotsch_chaz https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059602 To maximize profits, a firm should produce where marginal cost equals marginal revenue.]]> 2019-03-01 22:40:54 UTC https://padlet.com/gotsch_chaz/lkb71vfme5co/wish/337059602