BU111 Lecture 1: BU111 Exam Study
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BU111 Full Course Notes
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Document Summary
Characteristics: voting rights, no fixed term, variable return, discretionary payment (dividends, risk. Demand and supply of stock due to negative or positive perceptions/facts. Primary factors: earnings: above or below expectations, rumours, market conditions: bull vs. bear market, economy, interest rates (esp. Preferred: speculation: bought or sold on belief price will soon move. Price of a stock is a collective expression of all opinion of those who are buying and selling. Information technologies affect information access, inter-firm cooperation, cycle times: not limited to computers and information. Business implication: affects what we produce/what it can do, affects how we produce and how we sell. What is technology: advancements in equipment and its uses. Includes human knowledge, work methods, equipment, business processing systems. The various devices for creating, storing, exchanging, and using information. Consumers use it daily, i. e atm, shopping. Companies use it to gather and share information and execute activities.
