Author: chris
Finance
Topic:The management of conflicts of interest thus is a central regulatory issue in financial market regulation. FINRA’s October 2013 Report on Conflicts of Interest discusses the management of conflict of interests. How are conflicts of interest managed in this field? In your papers you may discuss the central issues reviewed in FINRA’s report. How are the approaches to the management of conflicts of interest reflected in examples of regulation discussed in the readings from Lofchie et al. assigned for this week? You can use the FINRA report to structure your answer, but make sure to show how the principles reviewed by FINRA apply to examples of conflicts of interest discussed in the Guide to Broker-Dealer Regulation.
Organisational development for cultural safety
‘Develop a case study of what would be involved in the strategic management and organisational development necessary to optimize cultural safety. Apply the theory of cultural safety to an actual health related workplace and describe the
processes required there to bring about change in how staff approach diversity’
‘Develop a case study of what would be involved in the strategic management and organisational development necessary to optimize cultural safety. Apply the theory of cultural safety to an actual health-related workplace and describe the processes required there to bring about change in how staff approach diversity’. (2000 words)
Applied Statistics and Research Methods
When program output is referenced, either reproduce the output in your response or include the
pertinent values from the output in your discussion.
1.) [20 pts] Respond to the following questions.
i. Describe in detail what is meant by MSW” within an ANOVA analysis. What does it
represent, and how is it used?
ii. The idea of partitioning variation” is prevalent in ANOVA models. Discuss what is meant
by partitioning variation, and how it helps evaluate hypotheses of interest in ANOVA models.
iii. Describe what is meant by Pairwise Comparisons” within an ANOVA analysis. When can
these comparisons be used in the research process?
iv. Compare the interpretation of an interaction eect” for xed and random interaction terms.
2. [30 pts] Respond to the following questions.
i. While collecting data for a study intended to compare the number of graduates from Master’s
programs across ve dierent colleges, a researcher notices the observed numbers of Master’s
graduates are highest for majors in the College of Education and Behavioral Sciences. He
suggests a contrast be applied to compare graduation volume in this college to all other
colleges combined. How would you respond?
ii. You read a manuscript about a study to assess recovery progress” through ten weeks of an
outpatient addiction recovery program. For their study, the researchers randomly selected 16
participants in the program and recorded a continuous measure of craving” for their addictive
substance at the end of the rst week, second week, and so on up through the end of the tenth
week. They then applied a One-Factor ANOVA to compare craving” across the ten weeks.
How would you respond?
iii. You are reviewing a paper that examines the time spent studying with technology” for
undergraduate students. The paper includes a One-Factor ANOVA comparing time” across
gender (using 98 observations) and another One-Factor ANOVA comparing time” across
class year (using 110 observations). How would you respond?
iv. A fellow researcher is interested in the eect of principals on high school graduation rates. He
would like to know when principal” should be treated as a random eect, as opposed to a
xed eect. What explanation would you provide to this researcher?
v. In your research using a Two-Factor ANOVA, you would like to omit the interaction term.
Explain the danger(s) of omitting a signicant interaction eect, and describe at least one
situation in which it acceptable to omit this eect.
Applied Statistics and Research Methods – Fall 2014 – SRM 603 Midterm 2
3. [25 pts] For the purposes of designing coursework that involves both face-to-face and online
components, higher education researchers are interested in studying students’ experience using
technology” (standardized to be on a scale from -15 to 15; -15 corresponds to no experience” and
15 corresponds to highly experienced”). They would like to compare experience” across three
groups of students: traditional undergraduate” students (denoted by TU), traditional graduate”
students (denoted by TG), and nontraditional” students (denoted by NT). At each of 4 randomly
selected universities, 5 students of each type are selected (giving 15 students per school), and their
experience” is measured through a self-report survey.
i. Identify the research interest. Clearly describe a potential research question, dependent vari-
able, and independent variable(s).
ii. Propose an appropriate model. Include a model equation, and explain the role of each term
in your equation.
iii. Using the SAS le Question3.sas”, perform an analysis according to your model. (Feel free
to change the SAS le or use a dierent program!) If you use this SAS le, make sure your
output is consistent with the model chosen in part ii.
iv. Answer the research question, Does the experience of students who are `nontraditional’ dier
from the experience of both `traditional undergraduate’ and `traditional graduate’ students?
v. Researchers would like to know the expected student experience for each type of student, as
well as which of these values dier from each other. Answer these post-hoc” questions.
vi. Describe two ways you would improve this study in the future.
4. [25 pts] Nutrition researchers are interested in the link between education level and diet.
Specically, they are interested in the dierences in daily calorie intake between individuals with a
High School Degree or equivalent (HSD), an Associate’s Degree (AD), a Bachelor’s Degree (BD),
some graduate courses (SGC), or completed graduate school (CGS). Based on a stratied random
sample that includes 40 individuals from each of the ve education groups, average daily calorie
intake and gender have both been recorded for each participant. The researcher would like to model
daily calorie intake using both education level and gender. Using the le Question4.sas,” perform
a complete analysis of the data. (Feel free to change the SAS le or use a dierent program!) Be
very clear and thorough about research interests, hypotheses, reasoning behind any tests or models,
and conclusions.
Critical Reflective Practice Account – ASPEX, Student Instruction
The Report Findings. This portion of the report provided you with an opportunity to discuss meaningful learning and development that has occurred for you and your peers during the conduct of the ASPEX, but additionally during other periods of the course that will likely shape or influence your professional practice in the future. This area largely represents the reflection on action in the three dimensions (cognitive, affective and values). There is also the potential to include dyadic and group reflection as well.
Pick as an absolute minimum three major themes but no more than six from your journal of entries. Use the process of chunking[1] to group themes that you may wish to utilise or you think warrants inclusion and therefore, exploration.
Explore your chosen theme in some detail. The word count limit allocation has been deliberately set to allow students ample opportunity to discuss, in narrative form, meaningful learning. The use of “I” in this context is acceptable.
Use your own reflections to describe your feelings, thinking and values at a particular time. If your offering explanations as to why particular events or action occurred the way they did, can you provide scholarly evidence to support your claims or conclusions in order to strengthen the robustness of your report?
Attempt to summarise each theme by offering particular insights that you drew from the event(s). Lead into the next theme.
[1] Bringing together like minded events or observations under a central theme; eg leadership.
International Monetary System and Currency Risk Management
students are expected to research on a particular country’s unregulated financial system and the possible impact on the international financial landscape. The emphasis is on presenting the relevant arguments on the potency of an impending crisis if regulation is not imposed.
students are expected to devise a currency hedging strategy for a particular firm using derivatives. The emphasis is on quantitative skills and the mechanics of the different contracts.
Question 1 (20 marks)
Define China’s shadow banking system and the threats it poses to China’s domestic economy. Also present arguments why this may or may not trigger a worldwide crisis.
[4 + 8 + 8 = 20 marks]
Students are required to answer between 1000 and 1500 words. Please provide the word count. There should be a minimum of 5 references.
Question 2 (10 marks)
Ace plc produces drill bits for gold mining equipment. A German customer is contracted to pay Ace plc 8.5 million euros in six months’ time. The top management of the company is thinking whether or not to hedge this foreign currency receipt, and if so, which method would be optimal. Some executives believe the exchange rate will be GBP1= EUR 1.37 when payment is due from the customer. Other executives think the exchange rate will be GBP1= EUR 1.43. The alternatives available to Ace plc are as follows:
i. Forward contract hedge: Spot GBP/EUR Bid 1.4010 – Offer 1.4132
6 month forward points: 95/85
18
ii. Currency option hedge
Call option available: Strike GBP/EUR 1.4200 at premium GBP 1.20 per EUR100
Put option available: Strike GBP/EUR 1.4180 at premium GBP 1.00 per EUR100
iii. Money market hedge
Bid Offer
Europe interest rates 2.75% 3.00%
UK interest rates 6.20% 6.60%
The bank charges an administrative fee of 0.5% on the final receipt.
iv. To do nothing.
Required:
(a) Calculate the net receipt in GBP under each of the four alternatives assuming the
exchange rate in six months are:
i. GBP1= EUR 1.37
ii. GBP1= EUR 1.43 [6 marks]
(b) Based on your answer in part a above, make a reasoned recommendation on which
alternative is optimal. [4 marks]
Foreign exchange markets
Students are expected to research on the consequences of a certain country’s rapidly depreciating currency. The emphasis is on analytical thinking to assess the devastating effects of such an occurrence.
The Ukrainian hryvnia (UAH) was about 8.14 UAH per US dollar in mid-2012.On 18 March 2014, the government of Crimea announced that the Ukrainian hryvina was to be dropped as the region’s currency in April 2014. Now Ukraine faces backlash as devaluation ravages the economy. The exchange rate as at 25 June 2014 was about 11.8 per US dollar.
Required:
Discuss the effects of Ukraine’s rapidly declining currency on its mortgage borrowers, the banking system and the USD 17 billion bailout fund from the IMF.
Sustainability and the Low Carbon Economy
Write a board paper proposal to the executive team of an energy-producing or energy-consuming company of your choice which sets out a strategic plan of how the company could move to zero carbon operations within 20 years. Identify the opportunities and barriers of this proposal and assess the key decisions as well as market and legislative conditions required to make this a realistic proposition.
Maslow's Theory
1. Answer the following Questions:
1. Explain the result of your own “test.”
Consider the following points in your explanation:
A. Explain your level of personality (Needs) according to Maslow’s Theory of Needs?
(Minimum 50 words)
B. What does the result mean to you as a person, as a student, and as employee (or future employee)? (minimum 150 words)
C. Explain any 4 points you have learned from Maslow’s theory. (minimum 50 words)
2. Choose one Theory of Motivation (except Maslow’s). Reflect on it and discuss the following points:
3.
a. Briefly explain the Theory of Motivation you have chosen, using your own words.
b. Explain how this theory can be used by the management in making employees improve their performance on the job. Be sure to give a concrete example to support your ideas.
c. Explain any situation or event in which this theory of motivation is ineffective (or less effective) in managing people in the organization.
d. Explain any course of action the manager will do if this theory of motivation fails to improve employees’ performance. Give specific example.
ASTOR LODGE CASE STUDY
Case Questions:
1. How would you characterise the U.S. hotel industry in early 2005
2. What is the current competitive positioning for Astor lodges & Suites, Inc
3. How would you characterise the operational (e.g. occupancy rates, prices, costs per room, etc) and financial performance (e.g. EBITDA – Earnings before interest and taxes and direct admin expenses) of Astor lodges & Suites, Inc. You need to be able to link sales and marketing expenditure to corporate financial metrics.
4. Given Mr James charge to the senior vice president, how would you portray and assess sales and marketing initiatives, expenditures, and outcomes for fiscal 2004 and 2005?
5. What should Kelly Elizabeth propose in her fiscal 2006 sales and marketing plan and budget
B: Competitive Strategy Questions
In Australia the hotel industry is in the mature growth phase of its life cycle (IBISWorld (2014) –‐ H4401 Hotels and Resorts in Australia Industry Report_IBISWorld July 2014). In this part you are required to study the Australian Hotel industry and then develop and justify an alternative viable blue ocean strategy approach(s) for Astor Lodges if it were to set up business in Australia. To successfully complete this component you must be able to demonstrate at least a clear understanding of the application of Blue Ocean principles and methods to the Astor lodge context.
