1. What is a group created by the organization to accomplish a relatively narrow range of purposes within a stated or implied time horizon?

2. What is comprised of people from remote worksites who work together online? Explain

1. On a team, each individual has a part or __________, to play in helping the group reach its goals. Explain.

2. What is known to be a disagreement among two or more individuals, groups, or organizations? Explain.

3. What is known as a process in which two or more parties (people or groups) reach agreement on an issue even though they have a different preferences regarding that issue? Explain.

1. The two most common grapevine chains in organizations are what? Explain.

Adrian invested $1,600 at the beginning of every 6 months in an RRSP for 11 years. For the first 7 years it earned interest at a rate of 4.50% compounded semi-annually and for the next 4 years it earned interest at a rate of 5.60% compounded semi-annually.

a. Calculate the accumulated value of his investment after the first 7 years.

b. Calculate the accumulated value of her investment at the end of 11 years.

c. Calculate the amount of interest earned from the investment.

Sophie invested $2,100 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at a rate of 3.70% compounded semi-annually and for the next 2 years it earned interest at a rate of 5.50% compounded semi-annually.

a. Calculate the accumulated value of her investment at the end of the first 9 years.

b. Calculate the accumulated value of her investment at the end of 11 years.

c. Calculate the amount of interest earned from the investment.

"A survey published in the American Journal of Sports Medicine2 reported the number of meters (m) per week swam by two groups of swimmers—those who competed for exclusively in breaststroke and those who competed in the individual medley(which includes breaststroke). The number of meters per week practicing the breaststroke was recorded for each swimmer, and the summary statistics are given below. Is there sufficient evidence to indicate that the average number of meters per week spent practicing breaststroke is greater for exclusive breaststrokers than it is for those swimming individual medley"

EXCLUSIVE BREATHSTROKE SPECIALITY

Sample Size=130, Sample mean (m)=9017, Sample Standard Deviation=7162, Population mean=u1

INDIVIDUAL MEDLEY SPECIALITY

Sample Size=80, Sample Mean (m)=5853, Sample Standard Deviation (m)=1961, Population mean=u2

A) State the nul and alternative hypothesis

B) What is the appropriate rejection region for an a=0.01 level test?

C) Calculate the observed value of the appropriate test statistic
D) What is your conclusion?

E) What is a practical reason for the conclusion you reached in part D?

F) Give the two sided 90% confidence interval for the difference u1-u2 in the average number of meters swum by the two groups of swimmers

Nick Leeson’s adolescence was spent at Watford, UK where he attended high school. After that, he began to work at Coutts & Company and then spent two years at Morgan Stanley, taking up a position as an operation assistant. The experience allowed him to become familiar with the financial markets. Leeson then joined Barings. Founded in 1762 by Johann Barings, the Barings Bank was part of England’s history and even the Queen of England was among its clients. Barings was later considered one of the most prestigious financial institutions in the world. Leeson quickly made an impression within the respected establishment.

In 1990, at the age of 25, Leeson was appointed manager of the Singapore operation to oversee the “futures” operation in SIMEX (Singapore International Monetary Exchange). Leeson quickly became a well-known operator of the derivative market on the SIMEX. From 1992, Leeson made trades that brought in huge contributions for Barings - up to 10% of the bank’s profits at the end of 1993. The profits instilled confidence in the directors who lacked knowledge in subtle trading techniques and financial markets. He became a star within the organisation, earning unlimited trust from the headquarters. He enjoyed unlimited freedom within the Singapore office: he was head of the dealing desk (front office) but he also supervised the back office.

Leeson was in fact losing money and was hiding his losses in an error account, Z88888. He claimed that the account had been opened in order to correct an error made by an inexperienced member of the team. At the same time, Leeson withheld documents from auditors of the bank. By the end of 1994, his total losses amounted to almost half of the capital of Barings. On January 16th, 1995, with the aim of "recovering" his losses, he took even more risky positions. However, the unexpected earthquake of Kobé shattered his strategy. As a result, the losses amounted to more than double the bank’s capital which the bank were unable to absorb. Leeson decided to flee Singapore and was later arrested in Europe. He was extradited back to Singapore and sentenced to 6.5 years of imprisonment. In March 1995, the bank was bought by a Dutch insurance company at a very low price.

1. Are there any problems with the internal control system of Barings? Explain.

2. Are there any problems with corporate governance in Barings? Explain.

3. What is risk management? Why is it needed? What should be the risk management strategy of an international bank like Barings?

4. What are the major risks faced by an international bank? What are the major risks involved in this case?

5. Explain risk appetite, risk tolerance and risk profile.

6. What are the responsibilities of the internal audit function regarding risk management? Who (or which function in an organization) should ultimately be held responsible for risk management in a listed company?

7. Outline the risk management regulatory requirements imposed to international banks after the Barings case.

Questions 1 - 6 are based on the following information: B A US multinational corporation has operations in Bolivia through which it plans to sell a new product of 500,000 cans of beans per year for the next 3 years, at a price of BOB 4 per can after incurring a variable cost of BOB 2.50 per can. The company will also incur a fixed cost of $120,000 per year. The company has invested $900,000 today in manufacturing equipment for its Bolivian operations, which will be depreciated to $0 at the end of its 3-year life. The corporation's required rate of return is 20 % and has a tax rate of 25 %. The spot rate was BOB 6.91/$ before it unexpectedly changed to BOB 7.25/$. 1. What is the value of the Bolivian operations prior to the unexpected change in the spot rate assuming the operations have a 3-year life only? (round to the nearest dollar) A). US$237,699 B). US$166,903 C). US$107,453 D). US$159,076 E). None of the above

Are the concerns of those opposing Turkey’s admittance to the European Union well-founded? Can Islam, capitalism, and globalization co-exist? Please write personal perspective. Please type it up, because hand writing is sometimes hard to understand

Cascade Company was started on January 1, Year 1, when it acquired $153,000 cash from the owners. During Year 2, the company earned cash revenues of $93,300 and incurred cash expenses of $69,700. The company also paid cash distributions of $14,000. Required Prepare a Year 1 income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows under each of the following assumptions. (Consider each assumption separately.)

c. Cascade is a corporation. It issued 10,000 shares of $11 par common stock for $153,000 cash to start the business.

Income Stmt

Capital Stmt

Stmt of changes in equity

Balance Sheet

Stmt of cash flows

How do I do this in R Studio?

1 Students who performed poorly on a City of New York Skills Assessment Test were enrolled in a summer math program. Scores of 10 students before and after the summer program were recorded.

They were:

Before = 18,18,21,18,18,20,23,23,21,17

After = 24,25,33,29,33,36,34,36,34,27

(Scores for individual students are in the same order in each list.) Did the NYC summer math program improve student performance significantly?

8. How many points did student scores improve on average? (hint: consult the output from question 1; it’s OK to simply write this answer – it did come from R output.)

9. What is the 95% confidence interval for the parameter of average score improvement? (hint: consult the output from question 1; it’s OK to simply write this answer – it did come from R output.)