Problems
Problems & Exercises to Get You Through Business SchoolSometimes you may have no choice but to go that extra mile and do the problems you have been assigned. Many do not even crack a textbook though. What you must ask yourself is how much of the exam will be made up of exercises. If the percentage is high, then get cracking. |
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Problems: AccountingThe first thing to tackle is what is Generally Accepted Accounting Principles (GAAP), why are the rules there and what are they? Do they work? How do you interpret and apply them to business? |
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Problems: Decision Sciences & Quantitative AnalsyisAn initial obvious tip is to actually do the assigned problems. These exams are often filled with number crunching or formula churning questions. The second tip is to master the software that you will be called upon to use, and yes, this means more than Excel. Third, read up on the General Electric-popularized Six Sigma initiative, find out how quality control applies to the automobile and hardware industry, as well as retail businesses like clothing and appliances. The more you immerse yourself into industry applications of classroom theories, the better off you will be. Dell's built-to-order model is a perfect manifestation of Just-In-Time theory. |
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Problems: FinanceFollow the market. See which stocks go up and which ones go down. For every company that you study in class, request a financial statement from their head office. Read it, look at it and study it. Read the notes in the back, this is where you find all of the best information. Visit their websites and get an idea of how they present themselves and how they view their online efforts. |
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Problems: Management Of Information SystemsOne of the fields where resources from outside of the classroom are important is MIS. After all, by the time the textbook is researched, written, printed, shipped and purchased – technology has probably improved at a reduced cost. Most IT classes teach you frameworks to understand how to analyze, assess and choose what technology to go with. |
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Problems: Management, Human Resources And Organizational BehaviorA recommendation is to comprehend why, when and how management shakeups take place, how they impact the company from top to bottom and when. Procter & Gamble, Citigroup, Gateway, AOL Time Warner are just some of the examples of companies that have recently gone through some interesting management changes. |
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Problems: MarketingThe trick is to view industry as sport, a company as a team and individuals as athletes. At this point, it becomes easy to follow and understand. The most important thing for marketing students to do in the studying process is to stay on top of what is happening in the business world. Which companies are leaders in market share? Which ones |
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