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Evaluation And Management Examination Component

This unit deals with developing marketing strategies designed to help you achieve your business objectives and build competitive advantage. You will learn how to conduct market research, forecast potential sales opportunities, and develop a marketing plan. In turn, the marketing plan will outline the actions that must be carried out in order to persuade consumers to purchase the products and services you offer. This plan can be part of the business plan or a stand alone document. Read this chapter. Reading this chapter may take you about three hours, so do not feel like you need to finish it all in one sitting!Take note of the four main uses of secondary data under Key Takeaways as a way to differentiate primary and secondary research. This chapter will introduce you to the marketing research process. This chapter may take you a number of hours to read, so do not feel like you have to finish it all in one sitting!Marketers must be aware of the business cycle, and react appropriately according to which stage of the cycle the economy was in. By the end of this reading, you will be able to illustrate how fluctuations in the economy influence consumers' willingness to and ability to buy products and services and list the four stages of the business cycle. The CPI and CCI are measures of the strength of the economy, and perceptions of businesses and individuals toward the economic future. By the end of this reading you will be able to illustrate the relationship between consumer and purchasing power, pricing, and the economy.

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Examination Questions Answers

Ideally, these cuttings should be fresh, and not more than several hours old, to be most successful. Lightly dipping the bottom of your cutting in root hormone like this one from Amazon can help increase the growth rate of the new plant, but dont place the hormone mixture above the portion of the stem that you will plant in the soil. It is possible to plant two or three of the cuttings in the same pot. However, do not plant them closer than a couple of inches apart, or the roots may become too crowded. Once you plant your cuttings, pat down the potting mix around the base of the stem, or stems. Lightly water the cuttings, and soon your new Money Tree should begin taking root.

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The company can also sell leveraged assets to the SPE and book a profit. To avoid classification of the SPE as a subsidiary thereby forcing the entity to include the SPEs financial position and results of operations in its financial statements, FASB guidelines require that only 3% of the SPE be owned by an outside investor. Under Fastows leadership, Enron took the use of SPEs to new heights of complexity and sophistication, capitalizing them with not only a variety of hard assets and liabilities, but also extremely complex derivative financial instruments, its own restricted stock, rights to acquire its stock and related liabilities. As its financial dealings became more complicated, the company apparently also used SPEs to park troubled assets that were falling in value, such as certain overseas energy facilities, the broadband operation or stock in companies that had been spun off to the public. Transferring these assets to SPEs meant their losses would be kept off Enrons books. To compensate partnership investors for downside risk, Enron promised issuance of additional shares of its stock. As the value of the assets in these partnerships fell, Enron began to incur larger and larger obligations to issue its own stock later down the road. Compounding the problem toward the end was the precipitous fall in the value of Enron stock. Enron conducted business through thousands of SPEs. The most controversial of them were LJM Cayman LP and LJM2 Co Investment LP, run by Fastow himself. From 1999 through July 2001, these entities paid Fastow more than $30 million in management fees, far more than his Enron salary, supposedly with the approval of top management and Enrons board of directors.

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