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MGTA05H3 Study Guide - Final Guide: Trade Barrier, Swot Analysis, Mass Customization

Management (MGT)
Course Code
H Laurence
Study Guide

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Final Examination, Fall 2015
What will the examination cover?
The examination will cover the entire course, but most of the questions will come from
the material we reviewed after the midterm. A review of those topics is set out at the end
of these review notes.
There will be some of the multiple choice questions about topics covered before the
midterm. The short answer questions will deal with material we covered since the
Will some questions test material from the textbook, even if the material was not
specifically covered in class?
Yes, there may be questions based on the material in the textbook.
Will all of the text material be relevant?
No. Materials tested on the Midterm will not be extensively tested on the final
examination. There may, however, be some questions in the multiple choice section that
retest material from the earlier part of the course. That material comes from the lecture
notes and from Sections A, B and H of the textbook. All the text from those three
sections would be relevant.
Materials since the midterm would include all of the lecture notes plus all of the
following sections of the textbook:
Section C all
Section E Section E1, pp. 64-75 and pp. 83-99
OMIT pp. 75-83 on direct foreign investment, joint ventures,
mergers and acquisitions and subsidiaries. You may read for your
own enlightenment.
Section E2, all
Section G pp. 118-123
OMIT material that follows on Technology and the Changing
Section I Section I1, all
Section I5, all
OMIT Sections I2, I3 and I4
We did not use Section D at all, and so you may omit that. We read Section F, and it is
useful background for any discussion on globalization, but it will not be tested directly in
the final examination.
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You will NOT be required to remember specific charts, graphs or details about specific
business cases. The examination tests whether you have prepared the material and are
ready to apply it, not whether you can memorize details.
What will be the format of the examination?
As with the midterm examination, the final examination will consist of several multiple
choice questions and some short answer questions. The short answer questions will be
divided into sections and will not require a long essay.
You should, however, expect that the short answer questions will require you to apply the
material to specific cases. In such questions, you should first let the examiner see that
you know the relevant material. Do not simply give an answer to the question; discuss
the alternatives and any key criteria as they affect the specific case.
You will have 2 hours to write the examination. You will not require a calculator.
Review Notes
what is globalization
onot simply increased world trade, but globalization to take advantage of
savings in acquiring the factors of production
production of heavy industry and many manufactured goods
outside developed countries to take advantage of lower labour
costs and lower costs for administrative compliance, as there are
fewer regulations to satisfy
services diverted to countries with service capabilities but lower
labour costs (computer programming, help desks, call centres)
oworldwide capital markets, easy and fast flow of capital
capital flows become detached from the requirements of
production to generate a separate market in capital itself and in
foreign currencies
new financial instruments for investment, but a shift in risk as
governments back up both depositors and banks, leaving the profits
to the investors but less of the risk
markets are more complex and volatile
as the markets are detached from production, they follow their own
logic rather than the needs of production
onew models for carrying on business
instead of large integrated corporations, you find networks of inter-
related businesses, or even virtual businesses that are actually
networks of linked corporations
orise of the information economy
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