Quiz 2:

You are expected to know the following:

1) Marketing Basics

a) Mission/Objectives/Strategy

b) Types of products

c) Product Life Cycle

d) Pricing Strategies / Elasticity

2) Finance Basics

a) Define Capital Budgeting, Capital Structure, Net Working Capital

b) Nominal, Periodic and Effective interest rates

3) Operations – Inventory Management

a) Demand Characteristics

b) Goals/Performance Measures of Operations Management

c) Decision Areas of Operations Management

d) Lean and Six Sigma

4) T-Shirt Book – Assignments 3 and 4

a) Factory conditions in China

b) Hukou, Liudong Renkou

c) How factories changed women’s lives

d) Legislations to make the workplace better, over past 200 years

e) Evasion of environmental laws by firms