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This article, which suggests the use of French proverbs as an effective tool for teaching finance to French-speaking students, aligns 35 financial concepts and 7 general teaching concepts with one or more French proverbs. French proverbs allow students to link new information with previous...
Persistent link: https://www.econbiz.de/10013072640
Computer Algebra Systems can be combined with conventional teaching methods to provide students a more "hands-on" understanding of economic concepts. Maxima and its interface wxMaxima are open source (and therefore zero-price) alternatives to expensive programs like Maple and Mathematica. This...
Persistent link: https://www.econbiz.de/10013072723
The purpose of this paper is to examine various industries for examples of conflicts of interest, and the resulting harmful ethical and managerial effects. All of these examples are well known, having appeared in various news sources. However, each incident has been viewed as an isolated case...
Persistent link: https://www.econbiz.de/10013073263
The globalization of the world economy has increased interest in internationally recognized finance designations, which serve as external validation of expertise and are routinely used in hiring and promotion decisions. To help students, finance professors, career advisors, and practitioners...
Persistent link: https://www.econbiz.de/10013073877
Companies that are going to thrive must have a soul. Those that are only concerned with “maximizing shareholder wealth” or “maximizing profit” will find themselves going the way Enron went. CEOs will have to lead the revolution and should be the ones exhorting executives to make...
Persistent link: https://www.econbiz.de/10013074705
Internet auctions are an important resource in the business-to-business (B2B) market for companies that want to save money and increase profits. Understanding how auctions work on the Internet is mandatory in today's marketplace. Auctions can be used to do everything from selling excess...
Persistent link: https://www.econbiz.de/10013074878
As a result of increased competition, accounting practitioners must develop a marketing strategy, or if they already have one in place, ascertain that it is truly effective. The authors describe a questionnaire that may be used by accounting firms to help them determine and satisfy their...
Persistent link: https://www.econbiz.de/10013074879
A survey of 100 advanced accounting students was conducted to determine the opinions of accounting majors regarding such areas as why students choose accounting as a major, courses students felt were important and unimportant, and expectations regarding work and salary. The Key findings include:...
Persistent link: https://www.econbiz.de/10013074880
Accountants are often asked for advice on pricing products, and their input is often quite helpful and necessary. Accountants, however, are very likely to focus on costs when trying to advise management on appropriate pricing strategies. Economists might focus on rules for maximizing short-run...
Persistent link: https://www.econbiz.de/10013074924
A small change in prices can have a significant impact on profits and it is therefore becoming crucial for firms to use innovative approaches to pricing. Smart pricing is a dynamic approach to pricing that requires that firms have accurate information about market demand and profit margins on...
Persistent link: https://www.econbiz.de/10013074927