English speeches Essay

Reading selectively or extensively Honorable judges, good morning/afternoon .I am glad to stand here and give you a short speech .Today my topic is reading selectively or extensively .I deeply hope you will like it. As we all know, reading is a tradition inherited from ancient society which has a long history. Whether to read selectively or extensively has been a common question discussed by people from very ancient time. Some people tend to choose to read selectively. Having received a book they waited for a long time, they will get started reading this book with a devout heart. What they commonly do is to dead between the lines. Of course this has its own advantages. A selective reading can contribute to a better understanding of the whole book. Furthermore, when you analyze the passage, chances are that you may have the same sympathetic visage with the author, that is, you are going into the scene that the author endeavoring to describe to all readers, which is quite a sense of achievement. On the contrary, other people prefer to read extensively rather than selectively. They are not satisfied to read just several books due to what they want is a substantial number of various books. Opinion they hold is that extensive reading is beneficial to broaden the horizons. After reading a large quantity of books, their experiences are enriched, their thoughts are more specific, their minds are more mature. So to speak, extensive reading plays a vital important role in their growth. There are a thousand Hamlets in a thousand people’s eyes. Owing to different people all have their different characteristics, people’s choices are made differently. Choosing to read selectively or extensively doesn’t mean you are true or false, what matters is whether you have chosen the choice which just properly fits yourself. That’s all. Thank you for listening. On trying to renew knowledge Honorable judges, good morning/afternoon .I am glad to stand here and give you a short speech .Today my topic is on trying to renew knowledge. I deeply hope you will like it. As the famous saying goes:† Knowledge is power.†, knowledge existed and it is inherited up till now from very ancient time. So to speak, when human beings came into being, knowledge came into being. However, at the same time, between knowledge there are both essence as well as dross. That means what we need to do now is trying to renew knowledge.  From my point of view, this process can be a complicated one. First of all, it’s of vital importance for us to sharpen our eyes to distinguish the essence and dross in knowledge, which plays a significant role in the process. Second, it matters that we ought to do it neither reluctantly nor with a special purpose. That is, on trying to renew knowledge, we should take it in accordance with its natural tendency following the development of the whole society. Last but not least, receiving enough knowledge and keeping pace with the development of culture and civilization is the final step of the process. Renewing knowledge is not a realistic process but should be done in the practical way. On trying to renew knowledge, we may undergo troubles from work and life, misunderstanding from family and friends, difficulties and frustrations from the process its own. However, never giving in to it is just the right choice. Difficult and complicated as it may be, if we don’t realize the importance of renewing knowledge, we may never do a proper job on trying to renew knowledge. That’s all. Thank you for your listening. Online shopping Honorable judges, good morning/afternoon .I am glad to stand here and give you a short speech .Today my topic is online shopping. I deeply hope you will like it. With the development of science and technology, online shopping is becoming more and more popular between young people. Because of its convenience and efficiency as well as high qualities bargains, young people tend to conduct online shopping more instead of shopping in practical malls. Having chosen commodities they want to buy and do some clicks randomly, what they need is just to wait at home and the express delivery companies will bring it to your house. Online shopping is just a symbol of social progress , which shows the development of people’s living standard secondhand. On the contrary, online shopping certainly has its disadvantages. For instance, all processes are completed on the Internet while we couldn’t see the exact commodity on our eyes, which may result in counterfeit articles. What’s worse, owing to the uncertainty of the Internet, there may be a substantial number of hoaxes you can’t even realize waiting for you, making you break the bank for the worst result. In brief, it’s of vital importance for us to improve our security awareness and take  some protective measures in the meantime when conducing online shopping. After this specific analysis, we can draw the conclusion that when it comes to online shopping, we must take its merits as well as demerits into consideration. Advantages and disadvantages as it may have, if we only treat this problem from one hand, the result we get might not impartial. Indeed, online shopping is of great benefit to our life if we can use it properly and consequently it can lead to our society becoming more harmonious, that is, online shopping can a thrust to the progress of the whole human society. That’s all. Thank you for your listening. Advantages and disadvantages of the cell phone Honorable judges, good morning/afternoon .I am glad to stand here and give you a short speech .Today my topic is advantages and disadvantages of the cell phone. I deeply hope you will like it. With the development of science and technology and the remarkable improvement of people’s living standard, cell phone is a common commodity appearing in people’s life. In the meantime, cell phone also brings some unexpected advantages and disadvantages. When it come to cell phone’s advantages, we can list as follows. It’s obvious that it can provide us with plenty of convenience and efficiency, which disposes many troubles caused by distance. Thanks to cell phone, nowadays we just contact with family and friends at anytime and anywhere we like. Furthermore, activities such as surfing the Internet, listening to music, watching TV dramas and so on are conducted portably on the cell phone instead of the computer. Recently, many cell phones are used as wallets owing to advanced information technology. However, from another perspective, every coin has its two sides, cell phone also has its inevitably disadvantages. For instance, the ring of cell pone may have a bad effect on others, which makes them distracted and disturbed. What’s worse, over using your cell phone means wasting your time, contributing to a negative and pessimistic attitude. Last but not least, you may tend to decrease your time for exercising and taking part in various activities so as to play on your cell phone, which not only is bad for your health, but also does great harm to your work and study. In conclusion, cell phone and even everything have their own advantages and disadvantages. What we should do is to take an impartial attitude towards it. Never shut the door against  it nor extremely indulge in it. Only when we truly follow this can we make a full use of it. That’s all. Thank you for your listening. No man is rich enough to buy back his past Honorable judges, good morning/afternoon .I am glad to stand here and give you a short speech .Today my topic is no man is rich enough to buy back his past. I deeply hope you will like it. When we were children, we were told that when we had done something wrong we should never regret it because no man is rich enough to buy back his past. As I am growing more mature , I gradually understand the true meaning of this saying. As the famous saying goes: where there is a will, there is a way. That is, if you can spare no effort to achieve your original goal, no matter whether you can reach it, you will get a sense of achievement because of your effort. It’s the process that you are making effort rather than the final result that really matters. Consequently, there is no need for you to regret an it’s just a waste of time to do that. In our lifelong time, we can’t avoid facing difficulties and frustrations, which are once coped with improperly only resulting in because you can never buy back the past and experience once again. What you can do is merely to cherish every moment you are undergoing and make the most of them. Eating, sleeping, studying, exercising, these unimpressive daily events just consist of our daily life. Only after earnestly going though every step of life can you never need to buy back your past. From another perspective, if you only indulge in regretting what you‘ve done, you may gradually lose heart and interest to live happily. What’s worse, your body is unhealthy, your mind is distracted, your life is irregular. It not only does harm to you physically, but also has a negative impact on your psychology. Life is not plain sailing all the time, we have to deal with numerous troubles. Meanwhile, we will undergo feelings as happy as well as angry, but never regret because no man is rich enough to buy back his past. That’s all. Thank you for your listening.

Past Year Paper

CONFIDENTIAL BM/SEP 2011/ENT300/ETR300 UNIVERSITI TEKNOLOGI MARA FINAL EXAMINATION COURSE COURSE CODE EXAMINATION TIME FUNDAMENTALS OF ENTREPRENEURSHIP ENT300/ETR300 SEPTEMBER 2011 3 HOURS INSTRUCTIONS TO CANDIDATES 1. This question paper consists of four (4) parts : PART A (20 Questions) PART B (20 Questions) PART C (5 Questions) PART D (2 Questions) 2. Answer ALL questions from PART A, B, four (4) questions from PART C, and one (1) question from PART D. i) ii) iii) Answer PART A in the True/False Answer Sheet, Answer PART B in the Objective Answer Sheet.Answer PART C and PART D in the Answer Booklet. Start each answer on a new page. 3. Do not bring any material into the examination room unless permission is given by the invigilator. Please check to make sure that this examination pack consists of: i) ii) iii) iv) the Question Paper an Answer Booklet – provided by the Faculty a True/False Answer Sheet – provided by the Faculty an Objective Answer Sheet – provide d by the Faculty 4. DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO This examination paper consists of 10 printed pages Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 2 BM/SEP 2011/ENT300/ETR300 PART A 1. An entrepreneur is described as a person who acts as agent in transforming demand into supply. The statement, â€Å"A entrepreneur is an individual who actively forms or leads his own business and nurtures it for growth and prosperity†, refers to the functional definition of an entrepreneur. In Malaysia, small and medium enterprises (SMEs) contribute about 90% of the total value added in the manufacturing sector.The franchisee is a company which sells the right to another party to operate the franchise business. In a franchise system, the advertising and promotional contribution is a one-off payment made by the franchisee to purchase the right to operate the franchise In Malaysia, the small and medium enterprises (SMEs) are commonly registered as sole propri etorship businesses. The affairs of all business entities in Malaysia are governed by the Memorandum and Article of Association.In a partnership business, when there is no written agreement, termination of any partner must be agreed by all partners Under the Industrial Coordination Act (ICA) 1975, every manufacturing company is required to obtain a manufacturing license from Malaysian Industrial Development Authority (MIDA). Preparation of a business plan is a process that involves the identification, analysis and selection of viable business ideas. The executive summary is part of the main body of the business plan. A well prepared operations plan will help the entrepreneur to evaluate market acceptance of the product or service.A â€Å"process chart† refers to a diagram showing the arrangement of machines, equipment, workers and other facilities used in the operations Compilation of geographic, demographic and psychographic factors is a process of market segmentation. The t erm â€Å"target market† refers to the group of customers with needs and wants that can be satisfied by the business through the supply of goods or services. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. It is not mandatory for employers to contribute to the Employees Provident Fund (EPF) as long they have contributed to the Social Security Organisation (SOCSO). Hak Cipta Universiti Teknologi MARA CONFIDENTIAL 16. CONFIDENTIAL 3 BM/SEP 2011/ENT300/ETR300 17. The nature of industry is normally described in the organization aspect of the business plan. One of the main reasons for preparing a cash flow statement is to determine the expected profit for the planned period. Deposits and pre-operating expenses are examples of expenditure that are required to start a new business. The main objective of Bumiputera Entrepreneurs Retail Project Fund (PROSPER) is to enhance and upgrade Bumiputera entrepreneurs' participation in the retail business. 20 marks) 18. 19. 20.  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 4 BM/SEP 2011/ENT300/ETR300 PARTB 1. Which of the following activities is related to entrepreneurship? A. B. C. D. E. Creation of something new of value Creation of wealth Production of products and services Expansion of business entities All of the above 2. Who described an entrepreneur as a knowledgeable individual and is instrumental in the development of a city-state where enterprise will emerge? B. C. D. E. F. Joseph Schumpeter Adam Smith David McClelland Carl Menger Ibnu Khaldun . Which of the following statements best describes an entrepreneur who has internal locus of control? A. B. C. D. E. He believes that success or failure is determined by his own effort. He believes in himself. He does not belief that success or failure of his venture is determined by fate or luck. He desires to take personal responsibilities. He examines the situation and determine how to increase the chance of winning a business situation 4. The stat ement, â€Å"a successful entrepreneur places the highest priority on getting a job completed†, is associated with: A. B.C. D. E. Commitment to work contract Concern for high quality of work Efficiency orientation Systematic planning Problem solving 5. Which of the following phases of creativity process involves discovery of the idea or solutions to the problems? A. B. C. D. E. Background or knowledge accumulation Incubation process Idea experience Evaluation and implementation None of the above  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 5 BM/SEP 2011/ENT300/ETR300 6. Which of the following is a source of innovation within the company or industry? A. B. C. D. E.Demographic change Incongruities New knowledge Change in consumer preference None of the above 7. Which of the following statements is TRUE about a partnership business? A. B. C. D. A partnership business is incorporated under the Companies Act 1965. A partnership business is incorporated under the Partnership Act 1961. A partnership business is incorporated under the Business Registration Act 1956. A partnership is a legal entity and its identity is separate from the identity of its members. E. The life span of a partnership business is not dependent upon the death or resignation of its members. . Which of the following statements about a private limited company is NOT TRUE? A. A private limited company can take legal action and face legal action under its own name. B. The life span of a private limited company depends upon the death or resignation of its members. C. The liabilities of the members in a private limited company are limited to the total shares contributed to the company's capital. D. A private limited company must have at least two members who are of Malaysian Nationalities. E. The company's shares cannot be transacted through the share market. 9.Which of the following statements is TRUE about a franchise business? A. A franchise is a product and/or service distribution system governed by a contract made between two parties i. e. the franchisor and the franchisee B. A product/trade name franchise is a system where the franchisee acquires sales right which includes the trade name, trademark, and/or products from the franchisor upon the signing of the dealership contract. C. A business format franchise is a system where the franchisee is granted the right to manufacture and market the franchisor's product and/or services using a complete franchisor's business â€Å"set-up†.D. The franchisee is a person who purchases the right from the franchisee to operate the franchise. E. All of the above are true. 10. Which of the entrepreneurs? A. B. C. D. E. following ministries/agencies provides financial assistance for Federal Agricultural Marketing Authority (FAMA) Malaysian External Trade Development Corporation (MATRADE) Malaysian Entrepreneurship Development Centre (MEDEC) Perbadanan Usahawan Nasional Berhad (PUNB). Malaysian Industrial Development Authority (MIDA) CONFIDENTIAL  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL 6 BM/SEP 2011/ENT300/ETR300 1. Which of the following statements is NOT TRUE? A. Construction of buildings can only be undertaken with the written approval from Local Authority. B. In setting up a manufacturing business, a planning permission from Local Authority is needed. C. All business licences related to factory premises, advertising signage, storage and canteen must be obtained from Local Authority. D. The environmental control and approval are under the responsibility of Local Authority. E. All of the above are not true. 12. Which of the following statements is NOT TRUE about a business plan? A.A business plan is a written document that describes the proposed business or project in a comprehensive manner. B. A business plan can be used as a basis for determining the viability of the new business. C. A business plan can be used as a communication tool to convince potential investor s of the viability of the new venture. D. A business plan enables the entrepreneur to distribute business resources more effectively. E. A business plan enables the entrepreneur to evaluate and select a viable business idea. 13. Readers of a business plan include: I. II. III. IV. A. B. C. D. E.Employees Investors Suppliers Registrar of Companies II only II and III only I, II and III only I, II, and IV only All of the above 14. Which of the following is an objective of preparing a marketing plan? A. B. C. D. E. To evaluate market acceptance To develop marketing strategies for products or services offered by the business. To identify required resources to execute the marketing strategy. To estimate financial requirements for the marketing activities. All of the above are objectives of preparing a marketing plan.  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 7 BM/SEP 2011/ENT300/ETR300 5. The following factors should be considered when determining distribution stra tegy, EXCEPT: A. B. C. D. E. Type of product Target market Market share Market coverage. Product standardization 16. Which of the following information should be included in the â€Å"organization† aspect of the business plan? A. Background of the registered owners of the business including their relevant qualifications, skills, experiences, role in business and stake or share in the business. B. Mission statements which describe how entrepreneurs will achieve their purposes in the environments in which they conduct business.C. Nature of the industry, including economic trends, important legal or regulatory issues, and potential risks. D. Product characteristics, distribution, promotion, and pricing strategies. E. Amount of funds needed to run the business, amount available, and amount requested from new sources. 17. Which of the following factors should be considered when choosing suppliers for raw materials? A. B. C. D. E. Quality of the materials supplied Price and discoun t offered Payment and delivery terms Time between orders and delivery All of the above factors should be considered 18.Which of the following statements is NOT TRUE about a process chart? A. Symbols used in the process chart can also be used in a Job Activity Chart of a worker. B. Process Chart will show the sequence of activities required to produce the product or services. C. In a process chart, â€Å"delay† means the process is delayed because the materials-inprocess are waiting for the next activity. D. The symbol † V † indicates the movement of materials or goods from one place to another. E. The first step in preparing a process chart is to identify all the activities involved to manufacture the product or deliver the services. Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 8 BM/SEP 2011/ENT300/ETR300 19. Which of the following statement is TRUE? A. Sources of finance refers to the sources where funds to finance a particular project implementa tion costs can be obtained. B. Internal sources of finance mainly come in the form of cash contributions or other assets from the entrepreneurs. C. External sources of finance are mainly derived from commercial banks, finance companies and government agencies. D. External sources of finance may come in the form of term loans, hire purchase or grants. E. All of the above are true. 0. Which of the following statements is TRUE? A. Pro forma income statement refers to the projected statement of cash inflow and outflow throughout the planned period. B. Pro forma income statement shows the expected profit or loss for the planned period. C. Pro forma income statement shows the financial position of the business at a specific point in time in terms of assets owned and how those assets are financed. D. Pro forma income statement shows the beginning and ending cash balances for a particular period. E. All of the above are true. (40 marks)  © Hak Cipta Universiti Teknologi MARACONFIDENTIAL C ONFIDENTIAL 9 BM/SEP 2011/ENT300/ETR300 PARTC QUESTION 1 Briefly explain five (5) of the personal entrepreneurial competencies (PEC) associated with successful entrepreneurs. (5 marks) QUESTION 2 What are the criteria used to evaluate and select viable entrepreneurial opportunities? (5 marks) QUESTION 3 What are the factors that you need to consider when choosing a location for your business? (5 marks) QUESTION 4 In preparing the organization plan, it is important include the organization structure of the business organization. Briefly explain the various types of organizational structure. 5 marks) QUESTION 5 Briefly discuss the importance of preparing financial plan. (5 marks)  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 10 BM/SEP 2011/ENT300/ETR300 PARTD QUESTION 1 Define the term â€Å"entrepreneurial motivation†. Discuss, with examples, five (5) common characteristics of achievement-oriented entrepreneurs. (20 marks) QUESTION 2 Explain the importance of materials requirement planning. Describe the steps involved in materials requirement planning process. (20 marks) END OF QUESTION PAPER  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL Past Year Paper CONFIDENTIAL BM/SEP 2011/ENT300/ETR300 UNIVERSITI TEKNOLOGI MARA FINAL EXAMINATION COURSE COURSE CODE EXAMINATION TIME FUNDAMENTALS OF ENTREPRENEURSHIP ENT300/ETR300 SEPTEMBER 2011 3 HOURS INSTRUCTIONS TO CANDIDATES 1. This question paper consists of four (4) parts : PART A (20 Questions) PART B (20 Questions) PART C (5 Questions) PART D (2 Questions) 2. Answer ALL questions from PART A, B, four (4) questions from PART C, and one (1) question from PART D. i) ii) iii) Answer PART A in the True/False Answer Sheet, Answer PART B in the Objective Answer Sheet.Answer PART C and PART D in the Answer Booklet. Start each answer on a new page. 3. Do not bring any material into the examination room unless permission is given by the invigilator. Please check to make sure that this examination pack consists of: i) ii) iii) iv) the Question Paper an Answer Booklet – provided by the Faculty a True/False Answer Sheet – provided by the Faculty an Objective Answer Sheet – provide d by the Faculty 4. DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO This examination paper consists of 10 printed pages Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 2 BM/SEP 2011/ENT300/ETR300 PART A 1. An entrepreneur is described as a person who acts as agent in transforming demand into supply. The statement, â€Å"A entrepreneur is an individual who actively forms or leads his own business and nurtures it for growth and prosperity†, refers to the functional definition of an entrepreneur. In Malaysia, small and medium enterprises (SMEs) contribute about 90% of the total value added in the manufacturing sector.The franchisee is a company which sells the right to another party to operate the franchise business. In a franchise system, the advertising and promotional contribution is a one-off payment made by the franchisee to purchase the right to operate the franchise In Malaysia, the small and medium enterprises (SMEs) are commonly registered as sole propri etorship businesses. The affairs of all business entities in Malaysia are governed by the Memorandum and Article of Association.In a partnership business, when there is no written agreement, termination of any partner must be agreed by all partners Under the Industrial Coordination Act (ICA) 1975, every manufacturing company is required to obtain a manufacturing license from Malaysian Industrial Development Authority (MIDA). Preparation of a business plan is a process that involves the identification, analysis and selection of viable business ideas. The executive summary is part of the main body of the business plan. A well prepared operations plan will help the entrepreneur to evaluate market acceptance of the product or service.A â€Å"process chart† refers to a diagram showing the arrangement of machines, equipment, workers and other facilities used in the operations Compilation of geographic, demographic and psychographic factors is a process of market segmentation. The t erm â€Å"target market† refers to the group of customers with needs and wants that can be satisfied by the business through the supply of goods or services. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. It is not mandatory for employers to contribute to the Employees Provident Fund (EPF) as long they have contributed to the Social Security Organisation (SOCSO). Hak Cipta Universiti Teknologi MARA CONFIDENTIAL 16. CONFIDENTIAL 3 BM/SEP 2011/ENT300/ETR300 17. The nature of industry is normally described in the organization aspect of the business plan. One of the main reasons for preparing a cash flow statement is to determine the expected profit for the planned period. Deposits and pre-operating expenses are examples of expenditure that are required to start a new business. The main objective of Bumiputera Entrepreneurs Retail Project Fund (PROSPER) is to enhance and upgrade Bumiputera entrepreneurs' participation in the retail business. 20 marks) 18. 19. 20.  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 4 BM/SEP 2011/ENT300/ETR300 PARTB 1. Which of the following activities is related to entrepreneurship? A. B. C. D. E. Creation of something new of value Creation of wealth Production of products and services Expansion of business entities All of the above 2. Who described an entrepreneur as a knowledgeable individual and is instrumental in the development of a city-state where enterprise will emerge? B. C. D. E. F. Joseph Schumpeter Adam Smith David McClelland Carl Menger Ibnu Khaldun . Which of the following statements best describes an entrepreneur who has internal locus of control? A. B. C. D. E. He believes that success or failure is determined by his own effort. He believes in himself. He does not belief that success or failure of his venture is determined by fate or luck. He desires to take personal responsibilities. He examines the situation and determine how to increase the chance of winning a business situation 4. The stat ement, â€Å"a successful entrepreneur places the highest priority on getting a job completed†, is associated with: A. B.C. D. E. Commitment to work contract Concern for high quality of work Efficiency orientation Systematic planning Problem solving 5. Which of the following phases of creativity process involves discovery of the idea or solutions to the problems? A. B. C. D. E. Background or knowledge accumulation Incubation process Idea experience Evaluation and implementation None of the above  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 5 BM/SEP 2011/ENT300/ETR300 6. Which of the following is a source of innovation within the company or industry? A. B. C. D. E.Demographic change Incongruities New knowledge Change in consumer preference None of the above 7. Which of the following statements is TRUE about a partnership business? A. B. C. D. A partnership business is incorporated under the Companies Act 1965. A partnership business is incorporated under the Partnership Act 1961. A partnership business is incorporated under the Business Registration Act 1956. A partnership is a legal entity and its identity is separate from the identity of its members. E. The life span of a partnership business is not dependent upon the death or resignation of its members. . Which of the following statements about a private limited company is NOT TRUE? A. A private limited company can take legal action and face legal action under its own name. B. The life span of a private limited company depends upon the death or resignation of its members. C. The liabilities of the members in a private limited company are limited to the total shares contributed to the company's capital. D. A private limited company must have at least two members who are of Malaysian Nationalities. E. The company's shares cannot be transacted through the share market. 9.Which of the following statements is TRUE about a franchise business? A. A franchise is a product and/or service distribution system governed by a contract made between two parties i. e. the franchisor and the franchisee B. A product/trade name franchise is a system where the franchisee acquires sales right which includes the trade name, trademark, and/or products from the franchisor upon the signing of the dealership contract. C. A business format franchise is a system where the franchisee is granted the right to manufacture and market the franchisor's product and/or services using a complete franchisor's business â€Å"set-up†.D. The franchisee is a person who purchases the right from the franchisee to operate the franchise. E. All of the above are true. 10. Which of the entrepreneurs? A. B. C. D. E. following ministries/agencies provides financial assistance for Federal Agricultural Marketing Authority (FAMA) Malaysian External Trade Development Corporation (MATRADE) Malaysian Entrepreneurship Development Centre (MEDEC) Perbadanan Usahawan Nasional Berhad (PUNB). Malaysian Industrial Development Authority (MIDA) CONFIDENTIAL  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL 6 BM/SEP 2011/ENT300/ETR300 1. Which of the following statements is NOT TRUE? A. Construction of buildings can only be undertaken with the written approval from Local Authority. B. In setting up a manufacturing business, a planning permission from Local Authority is needed. C. All business licences related to factory premises, advertising signage, storage and canteen must be obtained from Local Authority. D. The environmental control and approval are under the responsibility of Local Authority. E. All of the above are not true. 12. Which of the following statements is NOT TRUE about a business plan? A.A business plan is a written document that describes the proposed business or project in a comprehensive manner. B. A business plan can be used as a basis for determining the viability of the new business. C. A business plan can be used as a communication tool to convince potential investor s of the viability of the new venture. D. A business plan enables the entrepreneur to distribute business resources more effectively. E. A business plan enables the entrepreneur to evaluate and select a viable business idea. 13. Readers of a business plan include: I. II. III. IV. A. B. C. D. E.Employees Investors Suppliers Registrar of Companies II only II and III only I, II and III only I, II, and IV only All of the above 14. Which of the following is an objective of preparing a marketing plan? A. B. C. D. E. To evaluate market acceptance To develop marketing strategies for products or services offered by the business. To identify required resources to execute the marketing strategy. To estimate financial requirements for the marketing activities. All of the above are objectives of preparing a marketing plan.  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 7 BM/SEP 2011/ENT300/ETR300 5. The following factors should be considered when determining distribution stra tegy, EXCEPT: A. B. C. D. E. Type of product Target market Market share Market coverage. Product standardization 16. Which of the following information should be included in the â€Å"organization† aspect of the business plan? A. Background of the registered owners of the business including their relevant qualifications, skills, experiences, role in business and stake or share in the business. B. Mission statements which describe how entrepreneurs will achieve their purposes in the environments in which they conduct business.C. Nature of the industry, including economic trends, important legal or regulatory issues, and potential risks. D. Product characteristics, distribution, promotion, and pricing strategies. E. Amount of funds needed to run the business, amount available, and amount requested from new sources. 17. Which of the following factors should be considered when choosing suppliers for raw materials? A. B. C. D. E. Quality of the materials supplied Price and discoun t offered Payment and delivery terms Time between orders and delivery All of the above factors should be considered 18.Which of the following statements is NOT TRUE about a process chart? A. Symbols used in the process chart can also be used in a Job Activity Chart of a worker. B. Process Chart will show the sequence of activities required to produce the product or services. C. In a process chart, â€Å"delay† means the process is delayed because the materials-inprocess are waiting for the next activity. D. The symbol † V † indicates the movement of materials or goods from one place to another. E. The first step in preparing a process chart is to identify all the activities involved to manufacture the product or deliver the services. Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 8 BM/SEP 2011/ENT300/ETR300 19. Which of the following statement is TRUE? A. Sources of finance refers to the sources where funds to finance a particular project implementa tion costs can be obtained. B. Internal sources of finance mainly come in the form of cash contributions or other assets from the entrepreneurs. C. External sources of finance are mainly derived from commercial banks, finance companies and government agencies. D. External sources of finance may come in the form of term loans, hire purchase or grants. E. All of the above are true. 0. Which of the following statements is TRUE? A. Pro forma income statement refers to the projected statement of cash inflow and outflow throughout the planned period. B. Pro forma income statement shows the expected profit or loss for the planned period. C. Pro forma income statement shows the financial position of the business at a specific point in time in terms of assets owned and how those assets are financed. D. Pro forma income statement shows the beginning and ending cash balances for a particular period. E. All of the above are true. (40 marks)  © Hak Cipta Universiti Teknologi MARACONFIDENTIAL C ONFIDENTIAL 9 BM/SEP 2011/ENT300/ETR300 PARTC QUESTION 1 Briefly explain five (5) of the personal entrepreneurial competencies (PEC) associated with successful entrepreneurs. (5 marks) QUESTION 2 What are the criteria used to evaluate and select viable entrepreneurial opportunities? (5 marks) QUESTION 3 What are the factors that you need to consider when choosing a location for your business? (5 marks) QUESTION 4 In preparing the organization plan, it is important include the organization structure of the business organization. Briefly explain the various types of organizational structure. 5 marks) QUESTION 5 Briefly discuss the importance of preparing financial plan. (5 marks)  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL 10 BM/SEP 2011/ENT300/ETR300 PARTD QUESTION 1 Define the term â€Å"entrepreneurial motivation†. Discuss, with examples, five (5) common characteristics of achievement-oriented entrepreneurs. (20 marks) QUESTION 2 Explain the importance of materials requirement planning. Describe the steps involved in materials requirement planning process. (20 marks) END OF QUESTION PAPER  © Hak Cipta Universiti Teknologi MARA CONFIDENTIAL

Multi agency teams work Essay

Multi-agency teams work together by bringing practitioners from all different sectors and professions within childcare to provide effective and in depth way of working to support children and young people. This includes support of that child or young person’s family. Multi-agency teams work together to ensure the children and young people that require additional support have exactly the right professionals around them to achieve their maximum potential. Assessment may include: ââ€" ªParents and family ââ€" ªPediatrician ââ€" ªEducational Psychologist ââ€" ªSpecialist Teachers for Learning Support, Hearing, Vision, Sensory Impairment, Autism/Complex Communication Difficulties ââ€" ªClinical Psychologist ââ€" ªSpeech and Language Therapist ââ€" ªPhysiotherapist ââ€" ªOccupational Therapist. In addition to parents, one or more of these people may be involved, helping to gain an understanding of children’s communication strengths and needs, and how speech and language can be developed. They can also provide information, advice, guidance and training. If a child needs support from a speech therapist, a social worker, teacher and health worker, then a team of those professionals will be set up, but with the consent of the child, young person and family. Support may include: ââ€" ªSpeech and language therapist ââ€" ªEducational psychologist ââ€" ªPhysiotherapist ââ€" ªOccupational therapist ââ€" ªHealth visitor ââ€" ªSpecialist teachers for Learning Support, Hearing, Vision, Sensory Impairment and Complex communication/Autism These people with specialist knowledge and skills support the people in daily contact with the child. They try to remove barriers to achievement, agree strategies, provide training and identify, and sometimes provide, resources By working together, the team will enable children to make maximum progress and improve the quality and ease of their lives. The members of these teams will share information and support each another so that the child / young person’s needs are met as efficiently and effectively as possible. There are some circumstances where multi-agency teams work together literally in one place. There are other examples where teams may operate virtually- via email/ web cam. The role of a practitioner requires them to meet regularly to discuss the needs of the child or young person in question. This is so they can plan and carry out coordinated, targeted interventions. Development may include: ââ€" ªParents and family ââ€" ªChild minder ââ€" ªEarly Years setting staff such as playgroup leaders, nursery nurses and play/nursery assistants ââ€" ªSchool staff such as teachers, teaching assistants and lunchtime supervisors ââ€" ªConnexions staff ââ€" ªBefore & after school care. These people listed above are the people who come into contact with the child in question every day. They apply their training and knowledge to the situation and know how to be good communication partners, and how to provide a good communication environment. They are the ones actively developing the child’s speech and language. They can share ideas about what does and what does not work for individual children. References Worcestershire County Council and Worcestershire. (2011). Effective multi-agency working and collaboration. Available: http://www.worcestershire.gov.uk/cms/speech-language-communication/targeted-s pecialist-provision/effective-multi-agency-working.aspx. Last accessed 18/9/14.

Macro economics short answers Essay Example | Topics and Well Written Essays - 250 words

Macro economics short answers - Essay Example (15 points) Some institutions and institutional arrangements boost economic growth. Institutional arrangements outline the formal and informal rules of the game that direct how people interact. These arrangements form incentives and outline expected and tolerable forms of behavior in social interaction. The institutions that boost economic growth include: Productivity is referred to as the ratio between the output quantity and the quantity of inputs. It determines how well production inputs, like labor and capital, are being employed in an economy to create a specified level of output. Factors that lead to increases in productivity include capital accumulation, more access to natural resources, technological innovation, transformation in labor processes like division and specialization, improvements in business practices and transformation in patterns of trade. Great depression was as result of crash of the stock market. Once the stock market plunged, fearful that banks would fail, people started to withdraw their money. Almost overnight, they put thousands of banks under threat. The more money people withdrew, the more banks failed, and the more banks failed, the more money people withdrew. By 1933, nearly 11,000 of the nation’s 25,000 banks had fallen. In order to boost economic activities the Fed was to put in place policy measures geared toward increasing money supply in the economy but it did not do that in time leading to economic

Application to Imperial College Master in Finance Essay

Application to Imperial College Master in Finance - Essay Example Secondly, I could witness first-hand the environmental issues that are associated with that. I do not want to be too picky about where I find my first start, but I would like to begin my career within Asian financial hubs, such as Hong Kong and Singapore. The reasoning behind this is two-fold: I could familiarize myself with the Asian markets but I would also be able to network with many individuals who are working in the Asian financial industry. Tapping into their expertise will help me to form my own opinions and also give me the inside scoop on the inner workings of the financial markets in Asia. Please outline the challenges you think you will face in achieving these career goals and how you will overcome them? (200 words) A career in the financial industry can be extremely challenging and requires a solid academic background. I believe the curriculum offered at Imperial Business School will equip me with a range of skill sets beneficial to a career in trading. I look forward to studying Investment and Portfolio Management, Asset Pricing and Derivatives, and the Structured Credit and Equity Products modules, which will provide me with a theoretical framework of trading and investment strategies. Furthermore, traders need to be decisive and have market acumen. I am a retail investor in the Asian stock markets while I also have a trading account in the UK, where I constantly bet on commodities and foreign exchange rates. I believe my experience has made me aware of market movements and prepared me to work in this industry. Moreover, a career in trading also demands high quantitative skills. I have completed Mathematical Methods and Statistical Theories courses, which will serve as building blocks for taking advanced quantitative courses, such as Mathematics for Finance and Financial Econometrics at Imperial Business School. Additionally, professional qualifications would help me to break into this competitive market. Therefore, I have applied to take the CFA exam in June of 2013. Please describe your long term career goals or, if these are not clear, please outline the industry sectors that are of particular interest to you and why (200 words) After working as a commodity trader for a period of three years, I plan to join one of the top investment funds. This short experience as a trader would help form my decision-making processes and develop my market knowledge. Building on this experience, I believe I would learn more in-depth investment strategies and portfolio management skills by working with an investment fund. Ultimately, I would like to set up an environmental and ethical fund in China, where I would invest in environmentally-friendly companies, particularly those that are engaged in improving human health, safety, and the quality of life. Investors in China now are gradually increasing their interest in these companies. I truly believe that the emergence of such a fund would attract much public attention in China because the people want their society to change. Hopefully this would lead to Chinese companies disclosing more information about the environmental and social aspects of their public reports. Compounded with contemporary government policies that favour environmentally and ethically sound industries, I have strong faith that my fund will be an intermediary for investors to exercise market power on companies, shoulder greater social responsibilities, and move towards more

Real Estate & Property - Valuation and Investment Appraisal Assignment

Real Estate & Property - Valuation and Investment Appraisal - Assignment Example The opinions stated in the valuation are contingent on the assumptions and limitations stated in Section 5 which also forms an integral part of this report. i. An attached brick building includes a single shop unit consisting of an open plan sales area which includes a retail area which extends to the rear. There is also a large basement. The front of the shop is fully glazed and has a number of display areas for terms of inventory. i. Barking Road is located in a very popular and busy shopping and entertainment area. It has a number of restaurants and numerous other shops along the same road and other roads and avenues which are in close proximity. It is also close to the tourist areas. The building is in good condition. Additionally, Barking Road and the streets adjacent to it are clean and well kept. iii. Several hotels and entertainment venues are located in close proximity to Barking Road and so it is accessible to tourists and locals who use their services. More than a few tourists are therefore expected to patronise the business at the location (Rightmove 2012). iv. The Booby Moore Stand of the West Ham United Football Club is located in close proximity – just around the corner from Barking Road. This makes the location ideal for the current tenant and explains the reason for the longevity of the business. There is also some amount of goodwill attached to the business and the location. Goodwill is the excess of the market price over the combined value of the separate assets. It results from the reputation that the business has gained over the years and its quality customer service that keeps customers coming back. It is this reputation that also attracts new customers. viii. The property is in close proximity to the Upton park tube station which approximately 0.4 miles. Two other stations – East Ham and Plaistow are also within a mile of the property (0.8 and 1.0 miles respectively) (Rightmove PLC 2012). x. The

Rise of the New Right in the 1970s and 1980s Essay

Rise of the New Right in the 1970s and 1980s - Essay Example Johnson, galvanized the formation of a new political movement. In elite think-tanks and local community organizations alike, new policies, marketing strategies, and electoral strategies were crafted over the succeeding details. The New Right succeeded in building a policy approach and electoral apparatus that propelled Ronald Reagan into the White House in the 1980 presidential election. The American New Right is distinct from and opposed to the more moderate tradition of the so-called Rockefeller Republicans. The New Right also differs from the Old Right on issues concerning foreign policy with the New Right being opposed to the non-interventionism of the Old Right" (Kotlowitz, 1999). There are many different issues within the New Right that are relevant and significant, and the aim of this paper is to address and discuss the social, political and economic conditions that contributed to the actual rise of the New Right in the 1970s and 1980s. By doing this, we will be able to gain a much more informed and knowledgeable understanding on the subject matter at hand overall, particularly in regards to the important matter of the rise of the New Right in the United States. This is what will be dissertated in the following. There were really a number of different factors which contributed to the rise of the New Right in the 1970s and 1980s, and since the 1980... In order to be able to truly and properly characterize such an incredible shift primarily in terms of the conspiratorial maneuvering of an otherwise tightly kept and organized New Right seems relatively tempting, however still rather simplistic at the same time, considering the fact that there is a certain pervasiveness to the rightward pull. After all, if we really think about it and properly consider all of the present facts, what we are seeing in regards to this matter is not just that of a well-orchestrated right-wing offensive, but as well it is actually the demise of the liberal state overall, and not only that but some of its more progressive ideas as well. This includes some of the most major and significant progressive ideas of all, such as equality, individual freedom, and social welfare needs, for example. Clearly then the New Right is not at all alone in regards to the abandoning of liberalism, and in fact the dogma which refers to the issue of how social programs, particularly those for the poorer people, tend to represent a certain intrusiveness by the state and are really emanated from the Moral Majority, for the most part. It also must be known that the evidence which has been shown, especially over recent years in particular, is truly unimpeachable, and that "the political right in America no longer stands for individual rights, limited government and capitalism. The 'rightists' now advocate expanding the welfare state, increasing government intrusion into our intimate private affairs, and sacrificing American lives to foreign paupers. They call it 'advancing the cause of freedom'" (Kotlowitz, 1999). In other words, one of the most major and significant aspects which contributed to the rise of the New Right is