vcutt

vcutt

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vcuttUniversity of Guelph

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This is an excerpt from your book. I think that it is a good representation of application of the topics of the chapter.

Please write a few sentences addressing the marketing student in your group. Explain to him/her the applicable concepts that will quell the frustration.

Please read:

You are the lone accounting major in your five-member group in your Business Policy class. A part of the case your group is working on is the analysis of the financial statements of the Coca-Cola Company.

The marketing major in the group is confused by the following disclosure note from Coca-Cola's 2013 annual report:

NOTE 3: INVESTMENTS (in part)

Investments in debt and marketable securities, other than investments accounted for under the equity method, are classified as trading, available-for-sale or held-to-maturity. Our marketable equity investments are classified as either trading or available-for-sale with their cost basis determined by the specific identification method. Our investments in debt securities are carried at either amortized cost or fair value. Investments in debt securities that the Company has the positive intent and ability to hold to maturity are carried at amortized cost and classified as held-to-maturity. Investments in debt securities that are not classified as held-to-maturity are carried at fair value and classified as either trading or available-for-sale. Realized and unrealized gains and losses on trading securities and realized gains and losses on available-for-sale securities are included in net income. Unrealized gains and losses, net of deferred taxes, on available-for-sale securities are included in our consolidated balance sheets as a component of AOCI, except for the change in fair value attributable to the currency risk being hedged.

“They say unrealized gains and losses on available-for-sale securities are reported as part of AOCI. What's that? I don't see these gains and losses on the income statement,” he complained. “And held-to-maturity securities—why are they treated differently? And what about equity method investments? On the balance sheet they have over $10 billion of investments accounted for under the equity method. They made over $600 million on those investments in 2013! Is that cash they can use?”

Answer: a

1. Choosing an Online Broker

You’ve decided you want to sock away some savings for a rainy day, so you pick up a part–time job delivering pizzas on the weekends. After a month you’ve saved $1,000. You already have your emergency savings fund set aside, so instead of your $1,000 sitting in your checking account, you’d like to invest it so you can put your money to work and start earning returns! You’re new to the stock market, so you do a little research on the best online brokerage firm to use.

Use online search tools to research 3 online brokers and compare them based on the following criteria. Examples of brokerage firms include Charles Schwab, TD Ameritrade, E*Trade, Robinhood, etc. but you can choose any companies you’d like to review.

Name of Company:

Minimum balance to open an account:

Cost to buy or sell a security:
Other features:

Name of Company:

Minimum balance to open an account:

Cost to buy or sell a security:

Other features:

Name of Company:

Minimum balance to open an account:

Cost to buy or sell a security:

Other features:

Which brokerage will you invest your $1,000 with and why?

2. Create a case study from your own newspaper article or articles. Include the link to the article and write in complete sentences.

Do not use other chegg answers please.

1: Summarize the article/s, what is happening and why is this important?

2: How does this article relate to strategies - Competitive Strategy, Corporate Strategy, Business Strategy, Functional Strategy and Operating Strategy

(i.e. external, internal, rationale for biz level strategy, mergers-alliances, global strategies, etc.)

3: Make recommendations (how the company may better implement the strategy or strategies, (i.e. what makes these strategies successful? Remember connect the dots (such as successful global strategy can be determined by entry mode and risk, which is based on country-level stakeholders, internal analysis of firm, alliances, acquisitions etc.)

Remember be specific, and name what particular strategies are used.

Answer: a

Insider Trading

Today, Garrett Bauer (44) of New York, NY was sentenced to 9years in prison after agreeing last December to plead guilty tocharges of trading stocks based on confidential information relatedto mergers and acquisitions. Bauer was sentenced by U.S. DistrictJudge Katharine Hayden in New Jersey, while U.S. Attorney, PaulFishman of New Jersey, looked on from the gallery. Bauer’s sourcefor the information was attorney Matthew Kluger (51), who worked atthe law firm of Wilson Sonsini Goodrich & Rosati in Washington,DC. Kluger was sentenced by Judge Hayden to 12 years prison, withinthe federal sentencing guideline of 10-12 years, earlier in theday.

Some of the earliest information started flowing to Bauer in1995, Bill Clinton was in his first term as president, when LotusDevelopment Corporation (Remember Lotus 1-2-3 and Lotus Notes) waspurchased by IBM. Kluger, then an NYU Law School intern at CravathSwaine & Moore, knew that the firm was working on a transactionthat involved the purchase of Lotus. He passed that information onto an acquaintance of his, Kenneth Robinson, who was a mortgagebroker in Long Island. Kluger explained the value of theinformation he had and Robinson knew a guy who knew a lot abouttrading stocks, Garrett Bauer.

Bauer and Robinson were close friends, but Bauer did not know orhave any contact with Kluger. So the person trading on theinformation had no contact with the source of the information,while Robinson played the intermediary. Bauer’s role was to act asstock trader on the information, taking “orders” from Robinson andKluger on the number of shares they wanted to purchase. Bauer alsoplayed the role of banker, paying taxes on the stock gains and thendistributing the money, in cash, back to Robinson who would thenpay Kluger. It was the beginning of an insider trading ring thatwould last 17 years.

In a series of interviews I had with Garrett Bauer, he provideda glimpse into the world of insider trading.

“At first, it was about the money,” Bauer said. "When I startedtrading, I was broke and used credit card advances to make sometrades. So Ken’s [Robinson's] tips were helpful at first, but theamounts [gains] were still small.”

“Over time, I had come up with my own day-trading strategiesthat made money by moving in and out of stocks throughout the day.That’s why I didn’t like Ken’s tips because they were not thataccurate. I would have to hold stocks for longer periods of timewith him.... sometimes it was months, when I was usually in a stockposition for only a few minutes.”

The tips from Kluger represented incomplete information most ofthe time. Kluger would go into a document management system at thelaw firm and search through the subject lines of the documents tosee what transactions were being worked on by the firm. He wouldnever “click” on the document, because that would create anactivity log that he had looked at the file. To further complicatehis searches for information, some of the firms’ clients were givencode names so as to prevent someone from overhearing or seeingdocuments that would otherwise specifically state the companiesinvolved in a deal.

Kluger was always careful to only get information on thosetransactions that were worked on by other attorneys, never his ownclients. It created further separation between the source and thetrade. He would then pass what he knew on to Robinson throughclandestine meetings, phone card calls or prepaid cellphone calls.Robinson would then pass the information on to Bauer who would doadditional research to see if he could find out if the informationhad merit. At times, it meant enduring losses prior to a dealclosing.

Bauer would place the trades for the group, with Robinson andKluger usually wanting 50,000 - 100,000 shares of a company. Baueron the other hand placed his own order, and those share purchaseswere in the hundreds of thousands, or millions, of shares that hewould purchase over time. He was a trader.

However, Bauer was moving in and out of many stocks and waseventually using Goldman Sachs to clear his trades. In 2010, Bauerhad traded over $8.38 billion in stocks. Within that volume, someof his trades involved the target companies given to him throughKluger/Robinson.

PLEASE ANSWER ALL QUESTIONS FOR THUMBS UP

1) Decision making is a critical skill for today’s manager. Inyour opinion, what factors impacted Garrett’s decision to commitfraud? If you were Garrett, how would you have responded?

2) Do you believe that Ken Robinson, Garrett’s friend, violatedtheir friendship by wearing a wiring and implicating Garrett in thescheme?

3) Do you think regulation can deter insider trading? Why or whynot?

4) Do you think Garrett’s loyalty to his friend (Ken Robinson)was the driving force behind his decision to commit insidertrading?

5) If you were faced with the same opportunities as MathewKluger by having access to confidential information, would youengage in insider trading?

Answer: a
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20. All of the following basic skills are needed by all health care management and administrators
except?

a. communication skills

b. problem-solving skills

c. management skills

d. self-evaluation skills

e. keen diagnostic skills

21. A true statement regarding computerized health information systems is that they;

a. eliminate the potential for the invasion of patient privacy

b. allow for quick access to up-to-date information

c. increase the possibility of unethical behavior

d. eliminate the chance of information loss

22. All of the following are basic primary elements of a team’s structure except;
a. purpose
b. specific goals
c. functions
d. members’ roles
e. size of committees

23. The ability to influence others while working toward a vision or goal is;

a. leadership

b. organization

c. planning

d. all of the above

24. The most effective group leaders use their position to encourage members to;

a. form similar opinions

b. confront one another

c. cooperate with one another

d. define their personal goals

25. For good communication within a group, all team members should try to practice all of the
following except;
a. to listen with full attention to the other members
b. to consider the value of a team member’s opinion based solely on his/her
achieved educational level
c. to value experience and express ideas as clearly as possible
d. to encourage feedback on all ideas

26. All documentation in a patient’s medical record forms the patient’s;

a. progress notes

b. assessment chart

c. written healthcare proxy

d. permanent health record

27. Which of the following is not true of computerized records?

a. Information is easy to store and retrieve.
b. The records never contain errors.
c. The have nearly unlimited available file space.
d. Information is easily added or attached to patient records.

28. Which of these are not part of a patient’s social history?

a. marital status and number of children

b. age, vital signs, height and weight

c. use of alcohol or tobacco

d. occupation and education

29. Known by a familiar acronym and passed by Congress in 1996, name the source of the
Privacy Rules, that healthcare professionals must follow;

a. Health Information Portability and Accountability Act
b. Health Insurance Portable Privacy Act
c. Health Information Privacy and Portability Act
d. Health Insurance Privacy and Accountability Act
e. Health Information Preventative Access Act
f. Health Insurance Portability and Accountability Act

30. Computers and other sources of technology have brought changes in health care delivery
that include all except;

a. improved time management

b. reduced errors

c increased costs

d. improved patient care

31. It is documented in a patient’s progress notes, was scheduled for physical therapy at 4:45 in

the afternoon. In military time, 4:45PM would appears in the chart written as;

a. 0445

b. 1645

c. 1445

d. 1545

32. Basic styles of patient progress notes include all except are;

a. narrative, in paragraph form

b. SOAP

c. charting by exception

d. charting by abbreviation

Answer: c d a b e a a
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