Business Final Exam

How is the fee assessed if you are full-time business major with junior or senior status based on credit hours? (Major fee - by the semester or Course fee - by the credit hour)

$1,059 per semester for in-state juniors and seniors and $1,087 per semester for out-of-state juniors and seniors. Applies to full-time business majors who are considered junior or senior status in terms of credit hours.

How is the fee assessed if you are a freshman or sophomore business major, a non-business or part-time major taking 3000- or 4000-level business courses? (Major fee - by the semester or Course fee - by the credit hour)

$106 per credit hour for in-state students and $108 per credit hour for out-of-state students. Applies to majors who are freshmen or sophomores, non-business majors and part-time majors who are taking 3000- and 4000-level business courses (ACCT, AS, BUS, ECON, ELE, FIN, GC, LAW, MGT, MKT, and ML).

What are the five steps for studying abroad?

-Attend a Business Abroad 101 Information Session -research programs -Meet with Your Academic Advisor -Schedule an Appointment with an Advisor in Student Enrichment -Apply to Your Study Abroad Program Choice

What the key takeaways of corporate finance?

-Corporate finance is often associated with a firm's decision to undertake capital investments and other investment-related decisions. -Corporate finance manages short-term financial decisions that affect operations. -In addition to capital investments, corporate finance deals with sourcing capital.

Academic dishonesty is considered any breach in the principles outlined in the Academic Integrity Statement. The catalog further identifies what four items or acts as academic dishonesty?

-Giving, receiving, or using unauthorized aid, including the inappropriate use of electronic devices, on any work submitted to fulfill academic requirements. In examination situations all electronic devices must be off and stowed unless otherwise authorized by the instructor -Plagiarism, which includes the intentional or unintentional copying of language, structure, or ideas of another and attributing the work to one's own efforts -Attempts to copy, edit, or delete computer files that belong to another person or use of computer accounts that belong to another person without the permission of the file owner or account owner -Failure to have an approved proctor during examinations. Instructors have final determination on personnel used for proctoring of examinations. Students in online courses may suggest potential proctors, however the instructor will decide on the location and personnel involved

For a mock interview with a counselor:

-Have your resume ready to upload -It is also helpful to include a job description from a job or similar job to which you would like to apply -Requests be made 3 to 5 days in advance

What are the four dilemma paradigms discussed in the text? Give an example of each.

-Individual vs. Community: The interest of the individual versus a larger group (to which an individual often belongs). Or, interests of one person compared to another. Or, Interests of a small group vs. interests of a larger group. -Short Term vs. Long Term: The immediate needs/wants/desires conflict with those of the future. -Justice vs. Mercy: A choice between "going by the book" and "bending the rules" -Truth vs. Loyalty: About being honest versus keeping one's word. "Telling the truth" most commonly means accurately reporting the facts, whereas loyalty focuses on honor - allegiance to friends, a group or set of ideas.

How is the iLEAD program structured?

-Leadership through knowledge (6 program elements) -Leadership through applications (8 program elements) -Leadership through experiences (6 program elements)

Under "Coaching and Consultations", what topics may be covered in Academic Coaching?

-Semester planning -Time management -Goal setting and accountability -Learning strategies -Referrals to other campus resources

While free markets (capitalism) are considered a better solution than a planned economy (communism), free markets can lead to some problems. What are the three problems cited?

-The over production of negative externalities (e.g. pollution/congestion) -The underproduction of goods with positive externalities (e.g. education, health care, public transport). -Non-provision of Public Goods - (national defence, law and order)

What are the three categories of internship programs?

-Upic Program -International Internship Program -Off Campus Internship Program

What are the two types of Career Counseling Services?

-appointments -drop ins

What are emphasis areas for a financial management degree?

-banking and investments -corporate finance -financial planning -real estate

What are the three types of Studying Abroad Programs?

-college of business sponsored programs -exchange programs -third party/direct enroll programs

A _________________ is a broad term for a professional who helps manage your money. A ________________ helps companies and individuals create a program to meet long-term financial goals.

-financial advisor -financial planner

What are the eight primary symbols in a Degree Works worksheet and what do they mean?

-green check marks: requirement is satisfied -blue waves: requirement is in progress -red boxes: requirement has not been satisfied -@: wildcard -colon between course numbers: indicates a range -*: prerequisite exists for the course -yellow triangle: course applying toward two requirements -red triangle: course applying toward three or more requirements

What are the six test options described under the "T" component of STAR?

-harm test -legality test -precedent test -respect test -golden rule test -peer or colleague test

What blocks will always be a part of a degree works report?

-header -disclaimer -degree -major -general education -in progress -legend

What are the three values does this program (Chapman Leadership Scholars) use to develop a leader?

-intellect -courage -heart

After reading "resume writing introduction", what are five additional tips to consider?

-leave off personal information -appearance: resume should be printed on a neutral color paper -accentuate the positive -length -catch the reader's eye

What options are available for mock interviews?

-mock interview -mini mock interview -virtual mock interview

What are the six steps for working a career fair?

-pre register online -dress and act the part -arrive early -have a game plan -research before hand -follow up

What are the five major services provided by the Advising Center?

-pre registration advising -completing academic requests -exploring majors -creating a graduation plan -studying abroad

What are the five major steps of the study cycle?

-preview before class -attend class -review after class -study -assess your learning

What are the four steps of an intense study session?

-set a goal -study with focus -reward yourself -review

What are the four main components of the STAR Model? (What does STAR mean?)

-stop (recognize, identify, develop) -test (use one of the six ethical tests) -act (make a decision) -reflect (consider the outcome, take responsibility, adapt for the future)

In what year did Clemson achieve "integration with dignity"?

1963

According to the "Study" step of the Study Cycle, how many intense study sessions should you have per day? What should you do on the weekends?

3-5 short study sessions per day; weekend review read notes and material from the week and make connections

What is a brand?

A brand is an identifying symbol, mark, logo, name, word and/or sentence that companies use to distinguish their product from others.

prerequisite

A course or requirement that must be met before a course may be attempted

restriction

A course that is restricted by major or class standing. For example, MKT 3010 has an economics prerequisite and a restriction of sophomore (or higher) standing

double dip

A course that satisfies two requirements. These courses are listed in two different categories in the GEN ED section of the catalog. If you "double dip" you must create a 3 hour elective (in the white space of the worksheet) to ensure you complete the hours required for your major.

What are the components of a curriculum for a major?

A curriculum for a major is comprised of major requirements, general education requirements, required electives, sometimes a minor/support requirement, and sometimes an emphasis area

What does advertising provide to existing and prospective customers?

Advertising provides a direct line of communication to your existing and prospective customers about your product or service.

What is the difference between business intelligence and analytics?

BI includes all components of the operation, from when data is collected to when it is accessed; Analytics, on the other hand, is the process performed on data that has been delivered by BI for the purpose of generating insights to drive decisions, actions and, eventually, revenue or other impacts.

Thomas Green Clemson served as an (Chargé d'affaires) Ambassador from 1844 until 1852 to what country?

Belgium

What two main problems can be managed by macroeconomic policies?

Both inflation and mass unemployment

What is the connection between Old Stone Church and Fort Hill?

clergy hall, property included site of old fort rutledge, manse for Old Stone Church

What is the definition of Marketing?

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

What is the recommendation under "Have a game plan."?

Check the Web site for the event before you go to find out which organizations will be in attendance. Make a list of the ones whose recruiters you want to meet, and plan to visit the ones you're most interested in first. If a map of the event is available, check it to chart an organized and efficient route.

What impact has companies' reliance on disclosing adjusted earnings or other figures not consistent with generally accepted accounting principles done to investors?

Companies' reliance on disclosing adjusted earnings or other figures not consistent with generally accepted accounting principles has made it more difficult for investors to forecast performance, putting them at greater risk than they may realize, new academic research shows.

What does Core Consumer prices exclude?

Core consumer prices, which exclude the volatile categories of food and energy, increased 0.3% from the previous month.

When understanding Corporate Finance, what decisions are made by corporate financial professionals?

Corporate finance activities range from capital investment decisions to investment banking. Such decisions include whether to pursue a proposed investment and whether to pay for the investment with equity, debt, or both.

What is the primary concern of corporate finance?

Corporate finance is primarily concerned with maximizing shareholder value through long and short-term financial planning and the implementation of various strategies.

What is Corporate Finance?

Corporate finance is the division of finance that deals with financing, capital structuring, and investment decisions.

If a course you have previously taken is not found in TCEL, can it be evaluated? If so, when?

Courses that do not have direct CU equivalencies may possibly be substituted for required courses in your degree program with approval by your major advisor; If there is a course you have previously taken that is not showing up on the TCEL, the course will have to be evaluated once you apply and are accepted to Clemson.

What is the name of the Rutland Institute for Ethics student organization? What does this stand for?

Creating Habits and Norms Guiding Ethical Decisions (CHANGE)

What is economics primary concern?

Economics is concerned with helping individuals and society decide on the optimal allocation of our limited resources. Economics is also concerned with maximising overall economic welfare (how happy are people).

What do effective marketing professionals do?

Effective marketing professionals are constantly thinking about potential customer wants and needs that have not yet been identified by the consumers or the market. Marketing strives to offer customers the best value while meeting their needs and wants.

required electives

Electives required by your curriculum. Any course that does not fulfill a major, general education, emphasis or minor/support requirement is considered an elective. Generally, they are: -courses of interest to you that are not explicitly required by your curriculum, -courses that transfer into Clemson as ELEC ####, or -courses from a previous major that do not fulfill a requirement in your chosen business curriculum.

What three reasons did the Federal Reserve Chairman cite for cutting interest rates?

Fed Chairman Jerome Powell cited weaker inflation in July, along with trade uncertainty and slow global growth

What is Financial Management?

Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise.

What is fiscal policy?

Government can control the economy in a big way by adjusting its expenditure. The group of mechanisms using expenditure form the fiscal policy. When government spends more it can lead to more demand and that means more price increase. This means both high growth and high inflation. And it works in the reverse too. Thus, governments try to spend more during periods of low growth & low inflation and cut spending during periods of high growth & high inflation.

What is insurance? How do insurance companies make insurance more affordable?

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. Insurance companies pool clients' risks to make payments more affordable for the insured.

What was the name of the first black student to enroll at Clemson University?

Harvey B. Gnatt

What is the difference between an ethical dilemma and an ethical decision?

In contrast to the problem posed by an ethical dilemma, an ethical decision entails a "right-versus-wrong" decision—one in which there is a right (ethical) choice and a wrong (unethical or illegal) choice.

In what way did the university change in 1955 when the military system of discipline was dropped?

Initially an all-male, all-white military school, Clemson Agricultural College opened in July 1893 with 446 students. Clemson became a coeducational, civilian institution in 1955.

Who has the responsibility to enforce the Academic Integrity Policy?

It is the responsibility of every member of the Clemson University community to enforce the Academic Integrity Policy

Who is the Registration Coordinator for management classes?

Liz Laxton

In which two ways can a support area requirement be satisfied?

Management and marketing majors have a support area in their curriculum; support areas must be completed in one of two ways—1) a list of courses provided by the major (See Advising Homework Assignment #2 for a list) or, 2) an approved minor

Why is the information obtained through market research important?

Market research provides relevant data to help solve marketing challenges that a business will most likely face--an integral part of the business planning process.

What is the focus of modern sales?

Modern sales focus on relationship building to help create trust between a buyer and seller.

Can Academic Forgiveness apply to a course when a violation of the Academic Integrity Policy occurred?

No

What year was Clemson University established through the stroke of a pen by Governor Richardson?

Nov 27, 1889

excess electives

Occurs when you have completed more than the number of required elective hours your curriculum

What is the mission of the Rutland Institute for Ethics?

Our programming is designed to enhance university goals. Our focus on ethical decision-making impacts every administrator, faculty member, staff member, and student on this campus. Alumni of the university are also assisting in this endeavor by coming back on campus and speaking to students about ethics as it pertains to their discipline. It is our goal to provide every person associated with Clemson the necessary tools to make good decisions in the face of ethical dilemmas, and we are well on our way to making significant inroads in this area.

Under "Help with your courses", and "Peer-Assisted Learning - How to Participate", describe, "What is Peer-Assisted Learning (PAL)?"

Peer-Assisted Learning (PAL), formerly called Supplemental Instruction (SI), is a free, peer-led program for students in historically challenging undergraduate courses. The goals of PAL sessions are to give students strategies for mastering course content and to help them become more confident, independent learners. PAL leaders conduct active, collaborative sessions to help students master a variety of subjects.

What do Public Relations Managers do?

Public relations managers direct the creation of materials that will enhance the public image of their employer or client.

Who was the first woman to earn a degree from Clemson?

Snider

What are the three primary ways to invest in real estate?

Some people may also invest in real estate via Income Properties. This is property bought or developed to earn income through renting, leasing, and/or price appreciation. https://www.investopedia.com/terms/i/income_property.asp. Or, they may invest in a portfolio of properties called a Real Estate Investment Trust. A REIT accumulates a pool of money, which is then used to buy, develop, manage and sell assets in real estate. Thirdly, some people may become a real estate developer. Real Estate developers are the entrepreneurs that make a new building (or group of buildings) happen to sell or to hold for income and/or appreciation.

How far in advance must you schedule an Interview Room Space?

Space is on a first-come, first-serve basis and is subject to availablility during our recruiting season.

Is TCEL a comprehensive list of transferable work?

TCEL is only a history of how courses have been transferred to Clemson and does NOT represent a comprehensive list of transferable coursework for any school.

What grades can be forgiven?

The Academic Forgiveness Policy, or AFP, (revised 2019) allows a student with first term of enrollment fall 2013 through spring 2019 to eliminate from the GPA calculation up to three courses in which a D or F was earned.

What is "Dr. Dilemma"?

The Dr. Dilemma forum provides a space where students can feel comfortable asking difficult questions about ethical issues that impact their lives. Much of our present ethics education comes from case studies that students will face in the future, but what about the issues that students face today? Students can anonymously ask Dr. Dilemma, a Clemson faculty member working in ethics, for advice on ethically-related issues. Questions and responses are posted monthly on the Rutland Institute website and social media pages.

What does consumer-price index measure?

The consumer-price index, which measures what Americans pay for items from fresh whole milk to lawn-care services, rose a seasonally adjusted 0.1% in August from a month earlier.

What is the mission of the Tiger Ties Mentoring Program?

The mission of the Tiger Ties Mentorship Program is to provide our students with real-world opportunities to explore and discover their professional goals guided by successful and talented Clemson graduates. These interactions will promote engagement, career and professional development and a successful transition into the workforce.

What does Gross Domestic Product measure?

This is the fundamental measure of the size of an economy. This is conceptually equal to the sum of incomes of all people in the country or sum of the market value of all goods & services produced in that country. Right now US is the biggest economy in terms of GDP at around $14 trillion. That means, $14 trillion of value is produced in the US every year.

Under "Help with your courses", and under "Tutoring (if available)" then under "How can tutors help me?" how can tutors help you?

Tutoring can help you learn the skills and strategies to think more deeply about course content. After a tutoring session, you should have a greater understanding of the course material and more confidence to complete future assignments and tests. Tutors can: -help you work through difficult concepts -ask guiding questions to lead you toward solving problems yourself -suggest learning and study strategies

What is the goal in creating a brand?

When a company decides to settle on a brand to be its public image, it must first determine its brand identity, or how it wants to be viewed; The goal is to make the brand memorable and appealing to the consumer.

What is the primary reason why a company would choose an investment banker over other forms of equity financing?

When corporations need significant financial resources, particularly if they are going or have gone public, they often turn to investment bankers. Investment banks expedite the purchase and sales of bonds, stocks and other investments and aid companies in making initial public offerings (IPOs).

What is interest rate?

When you loan money to somebody, you expect something extra in return. This excess is called the interest. Interest rate is a positive number that measures how much excess you will get. There are bunch of rates here. In the short term, this rate is usually set by the Central Banks. Right now it is close to zero. In the long term, this is set by the market and is dependent on inflation and the long term prospects of the economy. The mechanisms in which the central banks control the short term rates is called monetary policy.

If a student believes there is evidence that another student committed an act of academic dishonesty, what should he/she do?

When, in the opinion of a student, there is evidence that another student has committed an act of academic dishonesty, he/she should contact the instructor for the course to discuss the incident. After being contacted, if, in the opinion of the instructor, there is evidence that a student has committed an act of academic dishonesty, the instructor must make a formal written charge of academic dishonesty, including a description of the misconduct, to the Associate Dean of Undergraduate Studies. The instructor may, at his/her discretion, inform each student involved privately of the nature of the alleged charge.

What is inflation?

You already know that the price of most products now are higher than in your grandfather's time. Inflation (measured in percent) is measure of how much a bunch of products have increased in price from last year. In mature economies, annual inflation is around 2% - that means on an average the prices of stuff goes up by 2% every year. The fundamental role of central banks is to manage this rate and keep it to a low positive number. Here are the 100 year inflation numbers in the US.

What grade must you earn at another school for the grade to be accepted by Clemson University?

You must have earned a "C" or better for the course to be transferrable

What is an ethical dilemma?

a morally problematic situation; You have to pick between two or more acceptable but often opposing alternatives that are important to different groups

With whom does the person initiate the process of Academic Forgiveness?

academic advisor

Thomas Green Clemson was the first Secretary of what federal government agency?

agricultural bureau in US department of interior (department of agriculture); secretary of agriculture

What are the two primary functions of a stock exchange?

an exchange is an institution where stocks, bonds, options and futures, and commodities are traded. The Stock Exchange is also where individuals and institutional investors go to buy and sell for investment purposes.

For an opportunity to be "entrepreneurial" it implies that it is __________.

an offering that is novel in one or more of four ways

What courses must you re-take at Clemson?

any course that you need to earn credit for at Clemson

What is entrepreneurship?

entrepreneurship is the pursuit of opportunity beyond resources controlled

How does a forgiven course appear on your Academic Transcript?

forgiven courses remain on the transcript and will be shown as an FGD or FGF

Who initiates Academic Forgiveness?

initiated by the student with academic advisor

Who will help you complete this form? (Approval of Credits to be Earned at Another School)

major advisor/department chair

What is the name of the policy central banks use to control short-term interest rates? The Federal Reserve (aka The Fed) is the name of the central bank for the United States.

monetary policy

John C. Calhoun served the nation in many capacities. In addition to being Vice President, what other three national positions did he hold?

secretary of war, secretary of state, US senator

Valuations help an investor determine whether an asset or company is over-valued or under-valued by the market (stock price). Given that importance, what regulatory agency is considering increasing scrutiny on non-GAAP measures?

the Securities and Exchange Commission

What does it mean to be ethical?

to know right from wrong and to know when you're practicing one instead of the other

What two sources provide valid emphasis areas for your intended major?

undergraduate catalog or curriculum worksheets

What items must you provide when using interview room space?

your own laptop