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Fall 2012 Berkeley-Haas Essays

Our essay questions are now available!  Our application goes live in August, but it’s never too early to start crafting your essays.  You’ll notice a continued focus on our Defining Principles (Question the status quo, Confidence without attitude, Students always, and Beyond yourself), with a few changes from last year.

Continued here:
Fall 2012 Berkeley-Haas Essays

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Questions arise about value of an MBA : The Kentucky Kernel

This type of information raises the question if one needs an MBA or not. The prolonged uncertainty in the job market has discouraged many applicants nationwide over the past three years which is why applications are low, …

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Questions arise about value of an MBA : The Kentucky Kernel

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Which university for Undergraduate Finance? Popular Question.?

Question by The: Which university for Undergraduate Finance? Popular Question.?
I am an international student looking for a school offering undergraduate Finance (Business college) courses. I understand that schools like Wisconsin- Madison or UIUC are ranked higher in graduate Business programs. But undergraduate business is a whole different perspective. Americans and experienced students please help me to rank the schools below based on its UNDERGRADUATE business courses (Finance for specific).
- University of Wisconsin- Madison (School of Business )
- University of Illinois at Urbana-Champaign (College of Business )
- Indiana University Bloomington (Kelley School of Business)
- Pennsylvania State University (Smeal College of Business)
- Ohio State University (Max M. Fisher College of Business)
- University of Minnesota (Carlson School of Management)
I already have a rough idea of Undergraduate Business rankings for these schools through http://www.businessweek.com/bschools/rankings/
However, I do not want to base on this source completely since it is only one ranking system. Anyone with personal experience please help to rank these schools from the best undergraduate Finance/Business programs to the worst. Thanks a lot. I believe that many people are asking the same questions about similar schools too. It would be great if this question can be a guide to many other people as well.

Best answer:

Answer by Ignatius27
I’m sure you will get a great undergrad business education if you apply yourself at any of the schools you mention. You may also want to consider the University of Pennsylvania, which has a great undergrad finance program at Wharton as well as graduate programs.

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Why are most indians running towards foreign B- schools?

Question by gasolina4887: Why are most indians running towards foreign B- schools?

Best answer:

Answer by Erik L
they cost less money to attend.

Give your answer to this question below!

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To Buy or To Lease Equipment – That is the Question for Small Business Owners: Commercial Leasing Reveals the Four Questions Every Business Owner Should Ask Before Buying or Leasing Office Equipment



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To Buy or To Lease Equipment – That is the Question for Small Business Owners: Commercial Leasing Reveals the Four Questions Every Business Owner Should Ask Before Buying or Leasing Office Equipment










Los Angeles, CA (PRWEB) April 29, 2008

Small business owners need equipment to be able to operate successfully and avoid becoming one of the 85 percent of businesses that fail within the first year of operation. But because there are costs, often large ones, associated with starting a new business, many business owners are faced with the question of whether to buy or lease equipment. Crystal Riley, president of Lease with Crystal, a company dedicated to providing customized commercial leasing programs, believes that the decision to buy or lease equipment should be considered seriously.

“There are several key considerations business owners need to factor in when deciding how to procure new equipment for their businesses,” says Riley. “These considerations go far beyond which one is cheaper in the short term. Rather, tax breaks, resale value, and the net cost of the asset all need to be considered carefully.”

How Much Will Be Needed for Upfront Costs?

According to Riley, one of the major benefits to leasing equipment is that the upfront costs are far less than if the equipment was purchased. There are very few instances where a lease requires a down payment, thus allowing a business owner to purchased needed equipment without significantly affecting cash flow. “Leasing can be especially helpful for business owners who have less-than-stellar credit or those who need to negotiate lower payments over a longer period of time,” says Riley. In addition, when business owners are leasing equipment under $ 100,000 they rarely have to provide financial statements, tax returns and business plans.

Some business owners who chose to buy their equipment have the money to purchase the equipment outright, but more realistically, a business owner looking to purchase equipment will have to finance a portion of the purchase. While financing the equipment will lead to ultimate ownership, most banks require a 20 percent down payment, which affects cash flow and may tie up lines of credit. “Some lenders may also place restrictions on your future financial operations to ensure that the loan is repaid,” says Riley. “This alone can make things difficult for some small business owners who may need to access more loans to keep his or her business afloat.”

How Will Buying or Leasing Equipment Affect Taxes?

Both leasing and owning property provide tax advantages to small business owners. Generally speaking, lease payments can be deducted as a business expense on a tax return. As such, the net cost of the lease is reduced, providing an overall savings. Many business owners find that after factoring in these deductions, they often save money by purchasing leased equipment. Conversely, Section 179 of the Internal Revenue Code allows for the deduction of some newly purchased assets in the first year. “In Tax Year 2007, equipment costs up to $ 112,000 could be deducted,” says Riley. “Some equipment is not eligible under Section 179, but tax savings can be realized on almost any piece of business equipment through the business depreciation deduction.”

What Will the Equipment Be Worth?

“One of the major disadvantages of leasing equipment is that because you are not purchasing it, it cannot be considered an asset and cannot be sold,” says Riley. “Conversely, after you purchase equipment, it’s yours. This is especially advantageous when dealing with a piece of equipment that has a long, useful – and I emphasize useful – life and is not in danger of becoming technologically obsolete in a short period of time.” According to Riley, leasing is a way to address equipment that may become obsolete in a short period of time is to lease it. A lease passes the burden of obsolescence onto the lessor rather than the purchaser. “When leased equipment becomes outdated, you can give it back to the owner at the expiration of the lease and get new, current, higher end equipment,” says Riley.

Riley warns that another major consideration is how much a piece of equipment will depreciate. “A computer system depreciates far faster than office furniture,” says Riley. “So, you have to pay special attention to the equipment and make sure that what you spend for it today will not be markedly different than what you can sell it for tomorrow. Certainly, some depreciation will occur simply through normal aging and wear and tear, but it’s always something to consider.”

How Long Will the Equipment Be Used?

Before leasing equipment, Riley warns that you need to be sure you are really going to use the equipment. “A lease is a contract that lasts over a defined period of time,” explains Riley. “As such, if you lease a piece of equipment for three years, and find that after two years, you are no longer using it, you still have to pay that last year of the lease. That is not to say that some leases don’t give you the option to cancel the lease, because some do. But they will levy a huge termination fee.”

Crystal Riley has in-depth management experience and comprehensive understanding of the business world. Offering a unique skill set that is necessary to effectively put deals together, having served as the special director for music mogul Jimmy Iovine for several years, Crystal rose through the ranks at Interscope Geffen A & M to become a master of campaign development and overall project management. As an executive in the music industry, she committed herself twenty-four hours a day to ensure successful strategic partnerships with Apple, Napster, Yahoo, Starbucks, Microsoft and Facebook. Leaving the industry, Crystal followed in the footsteps of her family, which includes generations upon generations of successful entrepreneurs. Lease With Crystal opened its doors in 2008, with the backing of Lease One – an original inventor in the Equipment Leasing world, with 20 years of experience. Crystal lives in Los Angeles with her family. More information about Lease with Crystal can be found by visiting http://www.leasewithcrystal.com.

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Big Question: How Much Money Do You Make Selling Avon?

Big Question: How Much Money Do You Make Selling Avon?

How are you doing tonight. My name is Landon Stewartt

I am going to answer one of the BIGGEST questions of all today. I have been asked it a thousand times, as I am sure you have as well. Truthfully, you probably have this question lodged in the back of your mind somewhere this very moment.

I would just go ahead and answer this question for you, but I’m sure the suspense is driving you nuts :) :)

Pardon me.

Here she’ is: How much money do you make selling Avon?

That’s the question. Here’s the answer:

Quite simply it depends.

On what you ask?

How you market the dang thing!

Yeah you could go door to door, yeah you could call all your friends and family, yeah you could put fliers on car windows, yeah you could hit up teenagers for cash, yeah you could sell your 8 year old kid brother on the “dream”, or you could do it my way.

It’s up to you. I’m only here to get you making money ASAP.

I apologize I should have asked to make sure that’s what you wanted before I just dove in like that.

Is that want you want? To tap into one of the most wealthy businesses on the face of the planet leveraging the most powerful tool known to mankind?

I’m just going to go ahead and put this on the line. I don’t want any confusion to occur down the road. I am not a member of Avon, and I do not know of anyone that is.

I know network marketing, and I know money making, which is what I think is most important to you anyways.

First things first, we need to get you a wordpress blog.

It’s really pretty simple to get one if you don’t have one already.

Just go up to your search bar (in a new tab), and type in wordpress.org. At that address you will be able to download everything that you might need.

That’s one way to do it. Or you could do it my way. We just have too much information to cover for me to sit here and explain every little detail. I will another time.

You are going to need hostgator hosting. Then simply go to squidoo and type in how to host a wordpress blog with hostgator. A great lens will pop up that will teach you everything that you need to know right there and it’s free of course. (It’s not my own :) )

Now I am going to teach you a very small yet very powerful strategy to market this thing.

Before you do anything else, you need to go to your wordpress admin. This will be whatever your domain name is like yourdomainname.com/wp-admin. There you can download a plugin called OnlyWire. It’s free to download and will take about an hour to set everything up.

Basically all it is is social bookmarking software that will get you 50 backlinks instantly. Sweet right?

Okay so after you download that and set it up, you need to write a 500 word blog post. Before you start working on that blog post of yours you will need to take about a half of an hour to an hour to work on some keyword research. This is really one of the most important parts of marketing. It’s kind of like the base of a house. If you have a crappy one the house falls apart, if you have crappy keywords the advertising campaign falls apart. If you’re not exactly sure what to do there you might want to just go ahead and do a quick Google search. But make sure you leave this article open. I still have a bunch of KILLER info to share with you. I apologize. I simply don’t have the time to explain right now.

After you write that blog post social bookmark it using only wire. There you go. Fifty brand spanking new backlinks just like that!

Now we are going to have you go to a website called traffic geyser. It’s free for the first month, and it’s something you need to check out here in a couple of minutes.

After you become a member, don’t do anything yet!

Before you start blasting stuff around the web, you need to make a quick video. It should be about 1 to 2 minutes basically explaining the blog post that you just said. It’s kind of like a promotional video. All you have to say is hey what’s up? I’m so-and-so. Go check out my blog! It’s really that simple, and it might take ten minutes to make at most.

Then after you have made the promotional video, you are going to use traffic geysor(the site I mentioned earlier), and you are going to launch that thing all across the net. You are going to send it to 50 different video sharing websites to be exact. You guessed it, that’s fifty more backlinks to your website instantly.

That increases your Google ranking bringing YOU traffic the best way; completely free :)

Now that is how you sell Avon.

Well that’s half of it at least. That’s one step out of four included inside Landon Stewart’s 7 Day Marketing Challenge. If you want to know
how much money you make selling Avon
the right way, and get thousands of visitors to your blog each and every month check out http://landonsrockstarmarketing.com


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Ask One Question From Russ Horn On His Forex Master Method And Win An iPad 2 Plus Download Candlestick Patterns Recognition Software FREE!

Ask One Question From Russ Horn On His Forex Master Method And Win An iPad 2 Plus Download Candlestick Patterns Recognition Software FREE!

In this business there’s one name that stands head and shoulders above the rest. Russel Horn! His reputation for pure excellence is unparalleled. His dedication to his traders is unmatched. Russ has been cooking up something over the last few months and he’s ready to drop the hammer. Take a look at this: He’s celebrating this new system in style though, as only Russ knows how to do…So, the person who asks the best question (you can only ask one though…relevant to trading) will win one of three prizes.

** An Ipad2

** A 0 account

or

** An Amazon Kindle

This is going to be a very, very big event and when we say that copies are limited, this is not a lie because this is a PHYSICAL product. It’s not a download. Only 750 have been produced and they’ve already got a few select people who’ve pre-ordered copies. The big day is June the 1st…but, there’s going to be plenty of action until then so stay tuned! If you’ve ever worked with Russ before then you’ll know that this is not an exaggeration. He is the Godfather in trading right now. We’ll be right on top of this one all the way through, so look out for more. Tomorrow he’s got a present for you, you’re not going to want to miss this one!

Anyone who’s been in the trading game for more than a few months knows exactly who Russ Horn is. He’s helped so many traders accomplish their goals, he’s been at the forefront of trading education…and…he’s actually sort of an icon when it comes to integrity and pure excellence in trading. His new course is about to hit the shelves, and that’s actually a very literal interpretation because this is a physical course.

The Forex Master Method is a collection of books and dvd’s that you can hold in your hands. Copies will therefore be very limited, so you’d best jump on the bandwagon today! Now, as for the competition that I mentioned. How could this be a Russ Horn launch without us having a little bit of a party! :) Go to the website and you can ask ONE question. So what one question would you ask one of the greatest traders on the planet? Do that, and the best 3 questions have the opportunity to win:

** An Ipad2

** A 0 account

or

** An Amazon Kindle

The party is going to run all week long and there are a ton of gifts lined up that Russ is going to use to celebrate this new course. There’s an indicator for you tomorrow, so don’t forget to check back again!

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies! Discover Forex Rebellion!


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The Big Question for Students & Graduates: Am I covered?



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The Big Question for Students & Graduates: Am I covered?










(PRWEB) June 3, 2000

Offered for re-print

By Creative Enterprises

Agents for Tony Novak, MedSave tony@medsave.com

(910) 353-6561

TheBoss@creativethought.com

FOR IMMEDIATE RELEASE

Health Insurance for Young Adults

By Tony Novak, http://www.medsave.com

Do you really need health insurance? It seems like a reasonable question if you are young and healthy. After all, almost everyone who knows how to access the health care system is provided with basic health care services and acute care (like emergency care) in the United States, regardless of whether or not they have health insurance. Young adults tend to use health care services less often than any other group. The odds are that a young adult will go more than 12 months without any need for health care. Even among those who need health care, the likelihood of exceeding $ 1000 annual healthcare expenses is very small. So it is reasonable to wonder whether a young adult really needs health insurance at all.

But the situation changes when we consider the more extensive and more costly types of health care. The ability of a patient to obtain top quality medical care for the most serious types of health care – things like transplants, extended hospital care, physical rehabilitation, and long term outpatient care – depend more on health insurance than any other factor. Even a wealthy person will have difficulty arranging some types of medical treatments without insurance coverage. Unfortunately, if you wait until you need this type of care it will be difficult or impossible to buy health insurance that covers these items.

Often the most immediate insurance concern for young people is the fact that most colleges, trade schools, internship programs, sports teams, community-sponsored travel opportunities and many other activities require health insurance as an admission requirement. Without health insurance, you do not pass “go”. So there is usually no question about it – most young people with ambitions to advance their education need to have some type of health insurance.

Coverage Options

There are many types of health insurance plans available to young adults. The most popular plans are listed below.

Parent’s Policy – Most students continue to be covered under a parent’s policy. If this option is available, it is almost always the best option. But most health plans require that proof of full-time enrollment be provided. Be aware of the maximum age for this benefit. In many cases this coverage will expire when the student reaches age 23 (or at another age as stated in the insurance policy).

Employer Group Coverage

Most employers provide health insurance to their full time employees and pay for most of the cost of this employee benefit. This is called group health coverage. This benefit is completely under the control of the employer. Many people do not realize that there is no requirement for an employer to provide this benefit. Most group health plans require that new employees wait a few months before becoming eligible for coverage.

Student Policies

Some policies are designed specifically for students. Some are portable and offer coverage to the student in any location. Others offer coverage only in the geographic area of the school and some even require that the student use the on-campus medical facilities. Most cover only full-time students as defined by the school. In general, the coverage provided by insurance plans offered directly through the school are not as good as the plans offered by independent insurance companies. These plans also cover graduate students, and are available regardless of age or health. It is work a little extra effort to find a policy on the Internet or through an independent insurance agent.

Short Term Medical Policies

Interim or gap insurance policies are available to cover from one to 12 months. This coverage is inexpensive and easy to obtain. The quality of the coverage is excellent except that it does not cover pre-existing conditions. These provide coverage in the U.S. only.

Individual Medical Policies

Permanent policies that you buy directly from an insurance company offer excellent coverage, strongest financial guarantees, and the most stability. These often provide worldwide coverage. But all this comes at a price. These policies are usually the most expensive option.

Travel Coverage / International Policies

These are specifically designed to pay for medical expenses that may be incurred while traveling overseas.

Terms to Know

Deductible or Co-payment – this is the portion of the bill that you pay before the insurance comes into play. These help reduce the cost of the insurance.

HMO – stands for “health maintenance organization”. The HMO may pay to keep you healthy, rather than only cover problems hen things go wrong. HMOs tend to be popular among young healthy people, but criticized by people receiving more serious medical care. Private physicians tend to feel that they lose control over the quality of a pateint’s care when an HMO is involved.

Indemnity plan – means that the policy reimburses you for any ordinary and necessary medical expenses. This is the least restrictive type of coverage but also the most expensive.

Managed Care – this means that the insurer has some authority to influence the type of health care you are provided. This cuts healthcare costs but may also limit your treatment.

Pre-existing condition – a medical situation that started before your insurance policy that may not be covered by the health insurance policy.

Premium – the cost of the policy, usually ranging from $ 25 to over $ 200 monthly.

Tax-deductible – reduces your taxable income and thereby reduces your total tax due at the end of the year. Most health insurance is not tax deductible by individuals.

Tax-free – the benefit provided by health insurance is usually tax-free. This means the value of the coverage received as well as any cash benefit paid as the result of a claim.

Underwritten – this means that not everyone will be accepted. The insurance company reviews each application and selects the healthiest applicants for enrollment. Premium rates are lower for those accepted, but these plans offer no solution for people with pre-existing health conditions.

About the Author – Tony Novak, MBA, MT is an adviser and writer in tax and employee benefit issues. He operates http://www.medsave.com, the nation’s leading online provider of short term medical coverage and serves under “OnlineAdviser”, a free public service for people with questions about medical benefits. His newspaper column appears in a number of publications throughout the country. He lives in Ocean City, NJ.


















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Sap Business One Question: What You Should Know

Sap Business One Question: What You Should Know

In retrospect to writing the SAP Business One Solution Consultant Certification examination C_TB1200_05, I have decided to write about the challenges experienced and what I found challenging.I will list them under these subtitles
-Structure of SAP Business One certification questions
-Types of Multiple Choice questions
-Inadequate SAP Business One Implementation or support experince

Structure of SAP Business One certification questions: Prior to writing the certification exam. Like any candidate I was curious about the structure of exam and therefore did my research on what to expect from the examiners. I went to the official site of SAP and got the usual information about the number of question which is 80 the duration of the exam 180minutes, and various area of concentrations in greater than or less than format of the different modules to be tested.
For instance

Customization 11-20% Human resources <10%
Master data <10% Designing print layout <10%
Accounting >20% Logistics >20%
The information provided is true, but in more specific terms, out of the 80 questions the accounting and logistics module are the bulk of the questions.

Customization 9 questions Human resources 1questions
Master data 5 questions Designing print layout 4questions
Accounting 25questions Logistics 25questions

This initially came as a surprise to me, despite my research. Scoring low percentages in either accounting or logistics will lead to failure while getting a zero percentage in human resources or designer print layout can still guarantee success in the examination. Therefore this will aid your area of concentration during preparation for the certification. Note this information is subject to change by the examiners.

Types of Multiple Choice questions: There are 3 types of multi choice questions in the C_TB1200_05, which you will be introduced to at the beginning of the certification and they carry varying marks. I will call them Simple, Medium and Hard.

The Simple questions are the ones only one answer is right from the available options .i.e. you are only required to select one answer.

For example (Simple questions):
In SAP Business One, payment refund is based on?
a) Due date
b) Payment Means
c) Documents
d) Due date
You just select the correct answer from the available option.

The Medium questions are just slight variation from the Hard questions, there is more than one correct answer from the available option.

For example (Medium questions):
Document Generation Wizard supports the following row types?
a) Subtotal
b) Gross total
c) Alternative
d) Text
In this option, more than one answer is correct; they could be two or three correct answers in the available option.

In the Hard questions, you have to select True or False in each of the available option. Let’s use the Medium question
Example (Hard questions):
Document Generation Wizard supports the following row types?
a) True Subtotal
False
b) True Gross total
False
c) True Alternative
False
d) True Text
False
In these questions you have to give an opinion in each of the options. This I found difficult especially if the options are in form of statements, you have to verify each by selecting true or false.

Inadequate SAP Business One Implementation or support experience.
Working in an SAP environment, specifically business One will be an additional advantage for any candidate that wants to write the certification.
Some topics such as XL reporter or Designing the print layout, can only be better understood if you have worked with it.

A background knowledge of the rudiments of accounting will also be helpful, and the SQL database comes handy in the TB1200 module, and general implementation of SAP Business One

 

Lanre Awojoodu is a certified SAP Business One Solution Consultant, and seeks implementation projects on SAP Business One. Lanre has a first degree in accounting from the University of Lagos, and currently undergoing an executive MBA programme.


He currently works as a software support officer for Hammond finacials.


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How long does it take to order an ipad through a university?

Question by mathias h: How long does it take to order an ipad through a university?
I ordered an ipad through temple university 6 days ago. I’m traveling abroad for the summer and I leave on June 10. Do you think it will have gotten to me by then?

Best answer:

Answer by tublu
i think it will take at least 1 month

Give your answer to this question below!

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