Bus 1010 Exam
Academic integrity policy?
"As members of the Clemson University community, we have inherited Thomas Green Clemson's vision of this institution as a "high seminary of learning." Fundamental to this vision is a mutual commitment to truthfulness, honor, and responsibility, without which we cannot earn the trust and respect of others. Furthermore, we recognize that academic dishonesty detracts from the value of a Clemson degree. Therefore, we shall not tolerate lying, cheating, or stealing in any form."
What is another name for money mgt?
"investment management" "portfolio management".
10 things about Econ everyone should know
1. Comparitive advantage 2. Opportunity costs 3. Bus Cycle 4. Fiscal Policy 5. Interest Rates vs. Growth vs. Inflation 6. GDP 7. Marginal Utility 8. Supply and Demand 9. Micro vs Macro 10. Growth http://www.businessinsider.com/10-things-about-economics-2012-12?op=1/#scal-policy-9
What are the uses of market research?
1. Identify opportunities to serve various groups of customers. 2. Examine the size of the market - how many people have the unmet need. 3. Determine the best methods to meet the unmet needs of the target markets. 4. Investigate the competition. 5. Clarify your unique value proposition. 6. Conclude if the product is effectively meeting the needs of the customers. 7. Conclude if your advertising and promotions strategies are effective or not.
What year was Clemson University established?
1889
What year did Clemson open to an all-male student body?
1893
In what year did Clemson play its first football game?
1896
What year did Clemson become a co-educational institution?
1955
What year did our school adopt the name Clemson University?
1964
When was the Tiger Paw adopted as Clemson's athletics symbol?
1970
How many classes can be forgiven?
3
What is a brand?
A brand represents who your company is and what it stands for. This includes your name, logo, messaging, merchandise, design, and any other feature that identifies your company and its products and service and makes it distinct from others.
What is the Academic forgiveness policy?
Academic Forgiveness The Academic Forgiveness Policy (AFP) allows a student enrolled beginning Fall 2013 to eliminate from the GPA calculation up to three courses in which a D or F was earned. Students enrolled prior to Fall 2013 who were under the former Academic Redemption Policy will be allowed academic forgiveness on a modified scale.
What is accounting
Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies and tax collection entities.
What is an ethical dilemma?
An ethical dilemma is a morally problematic situation: You have to pick between two or more acceptable but often opposing alternatives that are important to different groups.
Thomas and Anna Maria Clemson's vision for South Carolina was to establish what kind of institution?
An institution of higher learning in SC to provide practical education in the agriculture and sciences
What is bus analytics?
Apply statistics and use contemporary information technology to solve managerial problems
After Thomas Green Clemson's death, whose leadership led to the founding of Clemson University?
Benjamin Ryan Tillman
Benefits and importance of using ASC?
Better grades, accountability, lifelong skills
What is brand management?
Brand management is the science of crafting and sustaining a brand. This means defining the brand, positioning the brand, and delivering the brand value constantly
What are the primary differences in the types of knowledge of a public accountant and a corporate accountant?
Breadth vs. Depth Public acct - breadth Corp acct - depth
Resources at student enrichment?
Career Coaching Global Engagement Get Hired Mentoring Professional Development Make an Appointment Rosetta Stone Sign-Up Faculty/Staff Resources
What Indian Tribe first occupied the lands in the vicinity of Clemson University?
Cherokee
What was the school's name when it opened?
Clemson Agricultural College of South Carolina
What is a commercial bank?
Commercial banks act as managers for deposit accounts for businesses and individuals, although they are primarily focused on business accounts, and they make public loans through deposit money that they hold.
Where will a corporate accountant be employed?
Corporate accountants work in the accounting function of companies that produce goods and services, as opposed to selling accounting services.
What is corporate social responsibility?
Corporate social responsibility deals with actions that affect a variety of parties in a company's environment. A socially responsible company shows concern for its stakeholders—anyone who, like owners, employees, customers, and the communities in which it does business, has a "stake" or interest in it.
What does a syllabus have on it?
Course Description Instructor office hours and contact information TA contact information Course Goals & Objectives Required Text Grading Policy Attendance Policy Expected conduct Emergency Procedures Class Schedule & dates Assignment descriptions, points and due dates
Why is building a brand important?
Customers will recognize your company, your product, your service and your status through your brand. You can build an incredible brand through messages, images and ads but whether you realize it or not, your company is creating this reputation with everything that you and your local affiliates do
What grades qualify for academic forgiveness
D or F
What steps should you take when facing an ethical dilemma?
Define, Identify, Asses, Establish criteria, Select best option 1. Define the problem: How to respond to the tampering case without destroying the reputation of the Tylenol brand. 2. Identify feasible options: (1) Recall only the lots of Tylenol that were found to be tainted with cyanide or (2) order a nationwide recall of all bottles of Extra-Strength Tylenol. 3. Assess the effect of each option on stakeholders: Option 1 (recalling only the tainted lots of Tylenol) is cheaper but puts more people at risk. Option 2 (recalling all bottles of Extra-Strength Tylenol) puts the safety of the public above stakeholders' financial interests. 4. Establish criteria for determining the most appropriate action: Adhere to the J&J credo, which puts the interests of customers above those of other stakeholders. 5. Select the best option based on the established criteria: In 1982, Option 2 was selected, and a nationwide recall of all bottles of Extra-Strength Tylenol was conducted.
What is the difference between and ethical dilemma and an ethical decision?
Dilemma - both options could be morally right Decision - one is obviously right
What services are provided via Career coaching?
Dressing Interviewing Job search Resume writing Networking
. What are the basic methods to get information and feedback from customers?
Employees Comment Cards Competition Customers Documentation and Records Focus groups Surveys by Mail Telephone Surveys
What skills are necessary to succeed in bus analytics?
Inquisitiveness Interpretation skills Understanding tools and models Detail oriented Quantitative skills
What is investment banking?
Investment banks expedite the purchase and sales of bonds, stocks and other investments and aid companies in making initial public offerings (IPOs).
What are the steps necessary to avoid an ethical lapse?
Is it legal? Is it unfair to one or more parties? If I take it, will I feel badly about it? Would I be ashamed to tell family, coworkers, friends? Would I be embarrassed if my action was written up in newspaper?
4. Where is LinkedIn most influential? Does the author consider LinkedIn as a revenue generating platform?
Job hunt
John Calhoun Clemson (Thomas Green Clemson's son) served in the Confederate Army and was a POW during the war. Where was he held prisoner of war?
Johnson's Island of Lake Eerie
What date did Clemson University first open its doors for education?
July 6, 1893
Tips for aspiring entrepreneurship
Learn from others' failures. make sure this is what you want be passionate solve problems get advice from those who have done it
What is entrepreneurship?
Learn how to plan new ventures in both the for-profit and social entrepreneurship avenues
What is human resources?
Learn how to select, assess and reward employees; oversee organizational leadership; and ensure legal compliance
What is operation mgt?
Learn to understand strategy, design, planning and control in both manufacturing and service organizations
What is managerial acct?
Managerial accounting is the process of identifying, measuring, analyzing, interpreting and communicating information for the pursuit of an organization's goals.
What was the name of the first woman to earn a degree at Clemson?
Margaret Marie Snider
How did Thomas Green Clemson support the South's Civil War effort?
Mining Operations
What is money Mgt?
Money management is the process of budgeting, saving, investing, spending or otherwise in overseeing the cash usage of an individual or group.
How many Clemson students and alumni served in WWII? How many gave the ultimate sacrifice?
More than 6,000; 373 died
What are products and services provided by student enrichment?
Newsletter Resources for Major and Career Choices Career Coaching Resume and LinkedIn profile preparation Internship & Job Placement Professional Development (Career Preparation) Mentoring (Tiger Ties) Global Engagement
What classes academically forgiven must be completed at Clem?
Ones required for graduation?
What services are provided by the ASC?
PAL Tutoring Test Anxiety Course Support Learning and Study Strategies Academic goal setting and accountability Success skills and strategies Online workshops
What platform does the author suggest is best at sales generation?
The study cycle
Preview material Attend class Review material Study Asses (PARSA)
TCEL
That website
What does Human Resource Management provide to help the rest of the organization be successful?
The HRM department members provide the knowledge, necessary tools, training, administrative services, coaching, legal and management advice, and talent management oversight
Another name for Undergrad Announcements
The catalogue
What is the primary goal of corporate finance?
The primary goal of corporate finance is to maximize or increase shareholder value.[1]
Which platform is essential for relationship building with influencers and communication with the customer base?
Besides Clemson University, what other university did Thomas Green Clemson play a part in its founding?
UMD
John C. Calhoun served the nation in many capacities. In addition to being a U.S. senator, what three national positions did he hold?
Vice President of the United States, Secretary of War, and Secretary of State
Importance of econ?
What to produce How to produce For whom to Produce http://econ.economicshelp.org/2008/06/importance-of-economics.html
Information on Thomas Green Clemson's background: a. Where was he born? b. He served as an Ambassador from 1844 until 1852 to what country? c. How many presidents did he serve as Ambassador for? d. He was the first Secretary of what government agency?
a. Philadelphia b. Belgium c. 4 d. Sec of agriculture
What is the most important factor for Instagram marketers?
age demographics
What is corporate finance?
area of finance dealing with the sources of funding and the capital structure of corporations, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources.
What are the basic categories of ethical situations?
bribes, conflicts of interest, conflicts of loyalty, issues of honesty and integrity, and whistle-blowing
What do MIS students learn?
how businesses use information to improve the company's operations. Students also learn how to manage various information systems so that they best serve the needs of managers, staff and customers. MIS students learn how to create systems for finding and storing data and they learn about computer databases, networks, computer security, and lots more.
What is financial acct?
is the field of accounting concerned with the summary, analysis and reporting of financial transactions pertaining to a business.
What is the core of entrepreneurship?
it is a mind-set — a way of thinking and acting. It is about imagining new ways to solve problems and create value."
What is the primary difference between financial accounting and managerial accounting?
managerial accounting information is aimed at helping managers within the organization make decisions, while financial accounting is aimed at providing information to parties outside the organization.
What is the most important part of brand management?
ongoing maintenance and control.
What services are generally performed by public accountants?
preparation, review, and auditing of the clients' financial statements tax work including the preparation of income tax returns, and estate and tax planning consulting and advice involving accounting systems, mergers and acquisitions, and much more
What is the new expectation for Human Resource Management at the executive table?
recommend processes, approaches, and business solutions that improve the ability of the organization's people to effectively contribute.
What is financial mgt?
refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization
What are the two key terms for operations management?
supply chain management and logistics.
What are business ethics?
the application of ethical behavior in a business context Ethics: to know right from wrong and to know when you're practicing one instead of the other
Academic Integrity
Honesty, Integrity, Respect Therefore, we shall not tolerate lying, cheating or stealing in any form.
Three core values?
Honesty, integrity, respect
Major fee for pre bus students?
Exclusive internship opportunities are available for College of Business juniors and seniors. Corporate recruiters are brought to campus to interact with students. Professional development events and activities afford students a competitive edge upon graduation. Select students earn certification in our ILEAD! leadership training program. Students can travel to present their research at national conferences. Students can apply for financial aid to make their study abroad trips possible. Students are able to participate in college and department-level national and international competitions, trade conferences, educational trips, research presentations and classes including the Business Management Strategy Challenge and Gateways to World Markets class (trip to NYC), just to name a couple. More sections of business 3000- and 4000- level classes are available. Average class sizes across the college are smaller, especially in upper-level business courses. Dedicated advisers guide progress of juniors and seniors and ensure students stay on track to graduate on time. Fee-Funded Programs The following breakdown serves as an example of how the funds are utilized for student programs within a given academic year: 70 percent to the Office for Student Enrichment, which offers mentorship, leadership, internship, study abroad and professional development opportunities for students. 24 percent to various student needs within individual departments — from sending students to national conferences to bringing corporate recruiters to campus. and six percent to travel aid for business majors for their study abroad experiences.
Why go beyond class?
Experience Network Resume building etc
What is MIS? (mgt information systems)
Focus on information systems concepts and their applications in business
What are the key differences between MIS and Computer Science, especially in focus, objective and core skills?
Focus: MIS:Organization CS: Software Objective: MIS: More efficient or effective business CS: Reliable computer program Core Skills: MIS: Problem solving CS: Logic/Procedure
What was the first name associated with the land John C. Calhoun purchased that passed to Thomas Green Clemson that eventually became Clemson University?
Fort Hill Plantation
The College of Business Major and Fee
Fresh&Soph Yrs $103/credit hour capped at 1030. Jr/Sr Yrs 1031/semester capped at 4000 cumulative. **NOT PRE-BUSINESS** Goes towards programs, more classes, internship opportunities, etc.
What was the name of Clemson's first African-American student?
Harvey B. Grantt
How do reports produced by accountants help management?
Helps mgt make bus decisions an accountant generates monthly or quarterly reports that a business's management team can use to make decisions about how the business operates.
