Final Exam Review for University of Waterloo

Last Class Review Reminders Mock Exam out now 2 Reminders Final Examination Bring WatCard Bring a black/blue pen, or HB2 pencil If you accidentally bubble in two, please make it clear which one is your actual answer (example below)...

Last Class Review Reminders Mock Exam out now 2 Reminders Final Examination Bring WatCard Bring a black/blue pen, or HB2 pencil If you accidentally bubble in two, please make it clear which one is your actual answer (example below) Actual Answer D 3 3 Final Exam Info & Tips in a l F io n ina t Exam Schedule here: Ex am a t : lt ip le Final examinations | The For m 5 m u Centre | University of o u t 8 i on s A b es t Waterloo ic e qu c h of ch o me a f ro –6 ~4 s 1 u le m od o m e a c h 1 2 fr 7– ~ l e s Room Locations Found f m od u here a few days before o your final: 11 n s w er o rt a l f ro m l 3 sh tions (A https://odyssey.uwaterlo ques e 7-11 o.ca/teaching/schedule ul M o d n t) e co n t 4 4 Final Exam Info & Tips l Fina ion ina t Exam ce l Offi tio n a A d d i : th 4- u r s c 6 ho ay De Fri d th M 9 6P a y Dec d Mon – 630PM 4:30 5 5 Last Class Review Overview Business Model Canvas 7 7 Source: https://corporatefinanceinstitute.com/resources/management/business-model-canvas-examples/  How would you think about Uber? mage source: https://strategyzer.com/canvas/business-model-canvas 8 8  9 9 Source: https://www.productcompass.pm/p/business-model-canvas-examples Accounting disciplines Accounting Key stakeholders Examples of Examples of disciplines types of types of decisions information Managerial Financial Audit Tax Consulting & Advisory 10 10 Accounting disciplines Accounti Key stakeholders Examples of Examples of ng types of types of decisions discipline information s Manageri Internal Daily, Strategy and al Management weekly, direction – monthly short and long reports (e.g. (eg. term sales, Buy vs. lease production) Breakeven KPIs Monitoring Internal F/S variances to Budgets and plan and forecasts making adjustments Financial External Quarterly or Lending Lenders/ annual Investing Creditors financial Meeting Investors statements covenants or Government/ Annual other 11 11 Regulators report regulatory Accounting disciplines Accountin Key stakeholders Examples of Examples of types of g types of decisions disciplines information Complianc Lenders/ Audit Lending e – Audit Creditors opinions Investing Investors Internal Granting or renewal Government/ audit of licenses Regulators reports Monitoring controls Management Tax Government Tax returns Tax planning Management and related Charge and collect reporting taxes Tax opinions Maintain special tax status, eligibility for grants, credits and other tax incentives Consultin Anyone with a Research Investing g& problem to reports, Valuation Advisory solve opinions Buy/Sell and Expansion 12 12 Accounting key themes 3 Financial Ratio Analysis statements Current Ratio Cash Flow Acid Test Income Debt to Owners Statement equity Balance Sheet EPS Accrual vs cash ROS Matching principle ROE – expense to Inventory turnover revenue 13 13  Financial planning Figure: Figure 17.2, Understanding Canadian Business, 9th Cdn ed. © 2016 McGraw-Hill Education Limited 14 14 Financial Management Key Themes Source of Funds Debt Terminology Operations Interest Rate Equity Repayment Debt Security (Financing) Covenants Terms 15 15 HR Management Key Themes Steps in human EVP (Employee value resource planning proposition) 1. Prepare human Golden handshake resource inventory 2. Prepare job analysis In terminations: 3. Assess future human Legal resource demand considerations 4. Assess future human resource supply Transition plan 5. Establish strategic plan Protecting assets 16 16 HR Management Key Themes Performance Appraisal Pay systems 1. Establish standards Salary 2. Communicate Hourly wage or daywork standards Piecework system 3. Evaluate performance Commission plans 4. Discuss results Bonus plans 5. Take corrective Profit-sharing plans action/next steps Gain-sharing plans Cost-of-living allowances (COLAs) Stock options 17 17 Management & Leadership POLC Balanced scorecard PESTEL Management Skills Porter’s Five forces Technical, SMART Goals human relations SWOT technical skills Leadership Styles Autocratic Democratic (participative) Free-Rein Source: https://www.britannica.com/money/porters-five-forces-explained (laissez-faire) 18 18 Ethics & Social Responsibility Key Themes Ethics of Justice vs Corporate Ethics of Care Philanthropy Ethics Checklist Corporate social Legal initiatives Balanced Corporate Feel Responsibility Triple bottom line Corporate policy Social Audit Strategic vs Pluralist Compliance based approach to CSR vs integrity-based ethics code 19 19 Lululemon Business Discussion Questions