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(c) Discuss the factors that might influence whether the initial bid is likely to be accepted by the shareholders of Wragger plc.

题目

(c) Discuss the factors that might influence whether the initial bid is likely to be accepted by the shareholders of Wragger plc.

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更多“(c) Discuss the factors that might influence whether the initial bid is likely to be accepted by the shareholders of Wragger plc.”相关问题

  • 第1题：

    11 Which of the following statements are correct?

    1 A company might make a rights issue if it wished to raise more equity capital.

    2 A rights issue might increase the share premium account whereas a bonus issue is likely to reduce it.

    3 A bonus issue will reduce the gearing (leverage) ratio of a company.

    4 A rights issue will always increase the number of shareholders in a company whereas a bonus issue will not.

    A 1 and 2

    B 1 and 3

    C 2 and 3

    D 2 and 4


    正确答案：A

  • 第2题：

    (b) Discuss FOUR factors that distinguish service from manufacturing organisations and explain how each of

    these factors relates to the services provided by the Dental Health Partnership. (5 marks)


    正确答案：
    (b) The major characteristics of services which distinguish services from manufacturing are as follows:
    – Intangibility.
    When a dentist provides a service to a client there are many intangible factors involved such as for example the
    appearance of the surgery, the personality of the dentist, the manner and efficiency of the dental assistant. The output
    of the service is ‘performance’ by the dentist as opposed to tangible goods.
    – Simultaneity.
    The service provided by the dentist to the patient is created by the dentist at the same time as the patient consumed it
    thus preventing any advance verification of quality.
    – Heterogeneity.
    Many service organisations face the problem of achieving consistency in the quality of its output. Whilst each of the
    dentists within the Dental Health Partnership will have similar professional qualifications there will be differences in the
    manner they provide services to clients.
    – Perishability.
    Many services are perishable. The services of a dentist are purchased only for the duration of an appointment.

  • 第3题：

    (e) Briefly discuss FOUR initiatives that management might consider in order to further enhance profitability.

    (4 marks)


    正确答案：
    (e) In order to enhance profitability management might take the following actions:
    (i) Increase the maximum capacity of the circus.
    (ii) Undertake a detailed review of operating costs which are budgeted at ￡239,200,000. Such a review might identify nonvalue
    added costs which may be eliminated thereby increasing profitability.
    (iii) Enter into a strategic arrangement with large hotels and travel agencies to offer travel and accommodation inclusive
    arrangements for visitors to Cinola Island. This might help to increase the number of visitors to the zoo thereby increasing
    profits.
    (iv) Change the price structure and entitlement of tickets so that purchasers might visit Cinola Island on two separate days
    in order to attend the zoo and circus. Additional revenues would arise as a consequence of the increased number of
    visitors to the zoo, thereby increasing profitability.
    (v) Hold prize draws for free tickets to the zoo for families on an ‘all-inclusive basis’, including restaurants, photographs,
    souvenirs etc.
    N.B. Only four initiatives were required to be discussed.

  • 第4题：

    (c) Briefly discuss why the directors of HFL might choose contract D irrespective of whether or not contract D

    would have been selected using expected values as per part (a). (2 marks)


    正确答案：
    (c) The directors might select Contract D under which 360,000 kilograms of organic mushrooms would be supplied to HFL for
    each outlet. This is the entire capacity of HFL which would ensure that competitors would not be able to supply the same
    product and hence the competitive advantage held by HFL might be preserved.

  • 第5题：

    (c) Critically discuss the likely effectiveness of standard questionnaires sent to other auditors as a means of

    obtaining information required. (5 marks)


    正确答案：
    (c) Likely effectiveness of standard questionnaires
    Most group auditors obtain information from other auditors through questionnaires in the form. of yes/no requests and/or
    detailed questions.
    Standard yes/no questionnaires are widely used because, for example, they:
    ■ can be completed more quickly by someone already familiar with their form. and content;
    ■ facilitate summarisation of responses from other auditors by the group auditor.
    However, a standard questionnaire may be less effective than a ‘bespoke’ one in that it is likely to ask unnecessary questions.
    This may result in the other auditor finding the questions to be ‘not applicable’ and regarding completion of the questionnaire
    as a form-filling exercise, rather than providing the group auditor with essential information.
    Nevertheless, there is a danger that questionnaires that are not based on some standard form. may overlook or otherwise omit
    some significant issues and therefore fail to alert the group auditor to a potential risk area.
    Thus a balance needs to be struck between requesting enough information for the group auditor to form. their own view
    without requesting meaningless ‘box-ticking’ questions that do not deal with the issues. Questionnaires that get longer and
    longer are likely to lose their effectiveness especially if they are to be used in different locations/jurisdictions.
    Questionnaires will cover a broad range of topics such as qualifications, competence/experience, compliance with ISAs (and
    ISQC 1), audit findings, subsequent events, etc. Therefore there will be a tendency to length (completeness) rather than
    quality (relevance).
    In conclusion, questionnaires should:
    ■ avoid over-use of yes/no questions which may encourage laxity;
    ■ not ask for information that has already been provided or which is unnecessary; and
    ■ be adequately tailored.

  • 第6题：

    Pragmatic factors can not influence our selection of sounds, grammatical constructions, and vocabulary from the resources of the language.()


    参考答案：错误

  • 第7题：

    Ms Huang, a shareholder of the Daqing Limited Liability Company (Daqing), found that the general manager, Mr Ding, had accepted bribes from several suppliers, which materially caused losses to Daqing, and adversely affected the interests of all shareholders.

    Further examination, through a Certified Public Accountant firm, disclosed that there were a lot of affiliated transactions between Daqing and Everbright Co, which was the majority shareholder of Daqing. Mr Ding was recommended by Everbright Co and appointed by Daqing’s board of directors, which was substantially influenced by Everbright Co. With a series of such transactions Daqing transferred huge profits to Everbright Co and adversely affected Daqing.

    Required:

    (a) State whether Ms Huang was entitled to take legal action against Mr Ding for his illegal behaviour of accepting bribes which adversely affected all the shareholders. (2 marks)

    (b) State TWO different legal actions Ms Huang was entitled to take to protect the rights of Daqing and its shareholders due to the affiliated transactions with Everbright Co. (4 marks)


    正确答案：

    (a) Mr Ding’s act of accepting bribery violated the criminal law and the relevant rules of the Company Law as well. Besides the criminal charges, he should be liable for his fraudulent behaviour of damaging the interests of Daqing and its shareholders. Therefore, Ms Huang was entitled to bring a law suit against general manager Mr Ding on the ground that his acts caused her loss of interests.

    (b) With respect to Daqing’s damage, Ms Huang should first request the board of directors or supervisory board to take legal action against Everbright Co. Where these two bodies refuse to take reasonable actions, Ms Huang might, in her own name but for the interests of the company, bring a shareholder representative litigation against Everbright Co. On the other hand, she might also bring a direct litigation against Everbright Co on the ground that the connected transactions caused indirect damage to the shareholder’s interests.

  • 第8题：

    ______is not one of the most important environmental factors that influence hydrocarbon biodegradation．

    A.temperature

    B.concentration of nutrients

    C.nitrogen

    D.oxygen


    正确答案：C

  • 第9题：

    The sales representative suggested an initial meeting to discuss the proposal as soon as the beta
    product is ready, ( ) that might be.

    A. no matter

    B. which

    C. whenever

    D. what

    答案：C
    解析：

  • 第10题：

    It might have been （） who made the bid.

    Ahimself

    Bhis

    Chim

    Dhe


    D
    略

  • 第11题：

    A solution provider has identified a number of risks with a configuration in a customer’s request for bid.  What is the most appropriate action to take to mitigate those risks for the customer？（）

    • A、Decide not to bid.
    • B、Provide a solution in the bid.
    • C、Provide a disclaimer in the bid.
    • D、Discuss options with the customer.

    正确答案:D

  • 第12题：

    问答题
    Discuss, and decide together:　　● What the likely reactions from staff might be to the introduction of the scheme?　　● How feedback should be given to staff on their performance?

    正确答案：
    【参考范例】
    Candidate A=A Candidate B=B
    A: ABC Company is about to introduce an appraisal scheme to assess the performance of staff. It will benefit both individual and company. Individual appraisals are not always very effective, and people tend to think that there are too many categories. They are not sure how the system works, so they are not happy with the legal aspects. What might be the likely reactions of the staff to the introduction of the scheme?
    B: I think some employees would accept the appraisal scheme, in the hope that introduction of the scheme will be beneficial to both individual and company. Some would regard it as a chance to improve their salary. Some others may dislike it for they don’t like the way they are assessed. Many more have doubt about the meaning of the staff appraisal. Everybody works in teams these days and team members share responsibility for results. And team leaders could sense resentment between members. Teams much prefer to be awarded a group rating. We often receive complaints about the system of performance appraisals. What is your opinion of the feedback on appraisal? I think the feedback on performance appraisal is very likely not as positive as the leaders have expected.
    A: I agree with you. The staff appraisal may be one of the biggest causes of dissatisfaction at work. In America, the unhappy workers even sue their employers over appraisal interviews. Problems will rise from the scheme itself and from the implementation and understanding of that scheme. Senior staff find it difficult to do appraisals. They have no choice but to listen to staff’s complaint about the company during the appraisal.
    B: Therefore, I recommend that before reversing the appraisal’s negative associations, an organization needs to find out the underlying reasons contributing to them. The guidelines should be given to the employees by the management These guidelines suggest that a successful scheme have a clear appeal process, that all the negative feedback should be accompanied by evidence like dates, times and outcomes and that, most importantly, ratings should be able to reflect specific measurable elements of the job requirements.
    A: I suggest we should make some changes to the current schemes. But how should feedback be given to staff on their performance?
    B: That’s the question that needs discussion. Yes, you’re right. Some changes to current schemes are actually simply a matter of logic.
    A: For example, if employees are constantly encouraged to work in teams and to shoulder joint responsibility for their successes and failures, it practically makes little sense for the appraisals to focus on individuals, as this may result in resentments and cause divisions within the group. Therefore, it is possible, and more suitable in some cases to arrange appraisals where performance is rated for the group.
    B: And in addition, staff members should also be educated about the best way to approach appraisals. They feel uncomfortable about being asked to play a more supportive role than they are accustomed to without any training. I think it is sensible to give written feedback to most staff members. For some employees, we’d better give them oral feedback on their performance plus the written one.
    A: Your idea is acceptable. However, those who are appraised may regard it as a chance to air their grievances and highlight the company’s failings instead of considering their own role. Therefore, the feedback to be given to staff should not be too negative. Rather, the appraisal needs to be positive.
    解析： 暂无解析

  • 第13题：

    (ii) Explain THREE strategies that might be adopted in order to improve the future prospects of Diverse

    Holdings Plc. (6 marks)


    正确答案：
    (ii) The forecast situation of Diverse Holdings Plc is not without its problems. KAL and OPL require the immediate attention
    of management. The position of KAL is precarious to say the least. There is a choice of strategies for it:
    (i) Outsource the manufacture of appliances
    (ii) Set up a manufacturing operation overseas
    (ii) Withdraw from the market.
    Each alternative must be assessed. Whatever decision is taken it is unlikely to affect the other four subsidiaries.
    PSL is also independent of the other subsidiaries. A strategic decision to widen its range of products and outlets must
    surely help. Hence management should endeavour to find new markets for its products, which are separate and distinct
    from those markets served by its appointed distributors.
    21
    In order to improve the prospects of OPL management need to adopt appropriate strategies since at the present time the
    company appears to be in a high growth market but is unable to capture a reasonable market share. Perhaps the answer
    lies in increased or more effective advertising of the endorsement of the product range by health and safety experts.
    Management should endeavour to develop a strategy to integrate further its subsidiaries so that they can benefit from
    each other and also derive as much synergy as possible from the acquisition of HTL.
    It is of paramount importance that management ensure that sufficient funds are channelled into growing OFL and HTL,
    which are both showing a rising trend in profitability. The group has depleted cash reserves which must to some extent
    be attributable to the purchase of HTL. It is possible that the divestment of KAL would provide some much needed
    funding.

  • 第14题：

    (ii) Briefly discuss FOUR non-financial factors which might influence the above decision. (4 marks)


    正确答案：
    (ii) Four factors that could be considered are as follows:
    (i) The quality of the service provided by NSC as evidenced by, for example, the comfort of the ferries, on-board
    facilities, friendliness and responsiveness of staff.
    (ii) The health and safety track record of NSC – passenger safety is a ‘must’ in such operations.
    (iii) The reliability, timeliness and dependability of NSC as a service provider.
    (iv) The potential loss of image due to redundancies within Wonderland plc.

  • 第15题：

    (ii) Briefly discuss TWO factors which could reduce the rate of return earned by the investment as per the

    results in part (a). (4 marks)


    正确答案：
    (ii) Two factors which might reduce the return earned by the investment are as follows:
    (i) Poor product quality
    The very nature of the product requires that it is of the highest quality i.e. the cakes are made for human
    consumption. Bad publicity via a ‘product recall’ could potentially have a catastrophic effect on the total sales to
    Superstores plc over the eighteen month period.
    (ii) The popularity of the Mighty Ben character
    There is always the risk that the popularity of the character upon which the product is based will diminish with a
    resultant impact on sales volumes achieved. In this regard it would be advisable to attempt to negotiate with
    Superstores plc in order to minimise potential future losses.

  • 第16题：

    JOL Co was the market leader with a share of 30% three years ago. The managing director of JOL Co stated at a

    recent meeting of the board of directors that: ‘our loss of market share during the last three years might lead to the

    end of JOL Co as an organisation and therefore we must address this issue immediately’.

    Required:

    (b) Discuss the statement of the managing director of JOL Co and discuss six performance indicators, other than

    decreasing market share, which might indicate that JOL Co might fail as a corporate entity. (10 marks)


    正确答案：
    (b) It would appear that JOL’s market share has declined from 30% to (80 – 26)/3 = 18% during the last three years. A 12%
    fall in market share is probably very significant with a knock-on effect on profits and resultant cash flows. Obviously such a
    declining trend needs to be arrested immediately and this will require a detailed investigation to be undertaken by the directors
    of JOL. Consequently loss of market share can be seen to be an indicator of potential corporate failure. Other indicators of
    corporate failure are as follows:
    Six performance indicators that an organisation might fail are as follows:
    Poor cash flow
    Poor cash flow might render an organisation unable to pay its debts as and when they fall due for payment. This might mean,
    for example, that providers of finance might be able to invoke the terms of a loan covenant and commence legal action against
    an organisation which might eventually lead to its winding-up.
    Lack of new production/service introduction
    Innovation can often be seen to be the difference between ‘life and death’ as new products and services provide continuity
    of income streams in an ever-changing business environment. A lack of new product/service introduction may arise from a
    shortage of funds available for re-investment. This can lead to organisations attempting to compete with their competitors with
    an out of date range of products and services, the consequences of which will invariably turn out to be disastrous.
    General economic conditions
    Falling demand and increasing interest rates can precipitate the demise of organisations. Highly geared organisations will
    suffer as demand falls and the weight of the interest burden increases. Organisations can find themselves in a vicious circle
    as increasing amounts of interest payable are paid from diminishing gross margins leading to falling profits/increasing losses
    and negative cash flows. This leads to the need for further loan finance and even higher interest burden, further diminution
    in margins and so on.
    Lack of financial controls
    The absence of sound financial controls has proven costly to many organisations. In extreme circumstances it can lead to
    outright fraud (e.g. Enron and WorldCom).
    Internal rivalry
    The extent of internal rivalry that exists within an organisation can prove to be of critical significance to an organisation as
    managerial effort is effectively channeled into increasing the amount of internal conflict that exists to the detriment of the
    organisation as a whole. Unfortunately the adverse consequences of internal rivalry remain latent until it is too late to redress
    them.
    Loss of key personnel
    In certain types of organisation the loss of key personnel can ‘spell the beginning of the end’ for an organisation. This is
    particularly the case when individuals possess knowledge which can be exploited by direct competitors, e.g. sales contacts,
    product specifications, product recipes, etc.

  • 第17题：

    one of the things that decides whether an applicant can be accepted by a college is his / her scores on the scholastic aptitude tests. ()


    参考答案：正确

  • 第18题：

    An embedded operating system is the(71)program that manages all the other programs in an embedded device after initial load of programs by a(an)(72). It normally guarantees a capability within a specified(73)size and(74)constraint as well as with application programs. It also n0rmalty has small foot print including initial boot loader, OS kernel, required device drivers,(75)for the user data and so forth. It has very-likely structure of a normal operating system however mainly differentiated by some factors such as type of pre-installed device, functional limits, taking designed job only.

    A．hardware

    B．business

    C．software

    D．external


    正确答案：C
    解析：试题(71)分析：该题考查嵌入式操作系统的定义，嵌入式操作系统是在boot loader对嵌入式设备进行初始化引导启动后，管理运行在设备上的所有其他程序的软件。故C选择software符合嵌入式系统的定义，为该题的正确选项。
    嵌入式操作系统是在引导装入程序(boot loader)对嵌入式设备进行初始化引导启动后，管理运行在设备上的所有其他程序的软件。嵌入式系统在实现应用程序的同时，能保证软件的存储空间和操作的时间满足一定的要求。嵌入式操作系统都较小，一般仅包含初始引导装入程序、操作系统内核、设备驱动程序和用于存储用户数据的文件系统。嵌入式系统与常见的操作系统在结构上非常相似，区分它们的主要因素有预安装设备、功能有限和仅执行特别设计的任务等。
      试题(72)分析：该题考查嵌入式系统各个组成部分的功能定义，其中boot loader处于整个软件系统的底层，用于对硬件的初始化引导，相当于PC中的BIOS，故该题选项为D。
      试题(73)分析：嵌入式系统在实现应用程序的同时，对软件的存储体积和操作的时间有一定的要求，故B选项storage符合对存储的定义，为正确答案。
      试题(74)分析：嵌入式操作系统对程序运行的时间根据优先级的高低限定了时间，对其完成操作的时间进行了限制，保证这个系统的正常运行。故选项为A。
    试题(75)分析：嵌入式操作系统中包含设备驱动程序和文件系统，后者用于对用户数据和其他文件的存储。故选择为C。

  • 第19题：

    While intuitively ABS believes the most likely failure mode leading to the initial flooding of the starboard tanks was a combination of a weakened section of the vessel's structure，coupled with severe wave impact force，their analyses of potential factors could ______ the contribution of any of these．

    A.prove

    B.disprove

    C.neither prove nor disprove

    D.reveal


    正确答案：C

  • 第20题：

    What is the essential element in the dynamics of social influence?查看材料

    A.The eagemess to be accepted．
    B.The impulse to influence others．
    C.The readiness to be influenced．
    D.The inclination to rely on others．

    答案：C
    解析：
    细节题。根据最后一段中的“…is the presence not of a few influentials but，rather，of a?critical mass of easily influenced people．”可知，C项正确。

  • 第21题：


    A.stay outside the network of social influence
    B.have little contact with the source of influence
    C.are influenced and then influence others
    D.are infuenced by the initial influential

    答案：C
    解析：

  • 第22题：

    How many product-related factors are there to influence the transport cost?（）

    • A、Four                 
    • B、Three                 
    • C、Two               
    • D、Five

    正确答案:A

  • 第23题：

    单选题
    It might have been （） who made the bid.
    A

    himself

    B

    his

    C

    him

    D

    he


    正确答案： D
    解析： 暂无解析

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