1. 1 PREPARING FOR EXAM 2 BA101 – 10/31/2000 Note that you can click on the underlined text, throughout this presentation, to access related sites or files over the Web

2. © 2000 All rights reserved Available online at www.daylesmith.comwww.daylesmith.com 2 Some secrets to an efficient exam preparation and completion Preparation methods are personal, but there are some proven tricks: Available online at www.daylesmith.comwww.daylesmith.com Notes from Professor Smith’s lectures Notes from Professor Cannice’s presentation – See Related Word fileRelated Word file Material discussed in the Saturday seminar with Prof. Imparato Business In Action (Prentice Hall) – Chapters 4, 6, 7, 8, 9 and 10 1. Begin by assembling all the materials covered by the exam. In this case:

3. © 2000 All rights reserved Available online at www.daylesmith.comwww.daylesmith.com 3 Preparing for an exam (continued) 2. Read the material and highlight the essential – To further assist your preparation, we are openly sharing the main topics of the exam, as far as the book material is concernedmain topics of the exam 3. Complete the exam review – See Exam 2’s practice quizpractice quiz 4. Before the exam, review the highlighted material as many times as you need to fully integrate the knowledge

4. © 2000 All rights reserved Available online at www.daylesmith.comwww.daylesmith.com 4 During the exam… Four Frame Model for Managing from Multiple Perspectives (Bolman & Deal) You can (and should) write freely on your questionnaire. For instance, you should underline keywords on your questionnaire; this will most likely help you understand and answer the questions. You can also annotate.

5. © 2000 All rights reserved Available online at www.daylesmith.comwww.daylesmith.com 5 First example Which of the following degrees of competition best describes a public utility such as a power company? a) perfect competition b) monopoly c) monopolistic competition d) oligopoly

6. © 2000 All rights reserved Available online at www.daylesmith.comwww.daylesmith.com 6 Second example The measure of overall inflation that looks at a typical basket of goods to see how the cost of that basket changes from year to year is called the: – a) manufacturer's price index. – b) index of leading indicators. – c) consumer price index. d) wholesale price index.

7. © 2000 All rights reserved Available online at www.daylesmith.comwww.daylesmith.com 7 Next Tuesday… Please arrive 5 minutes before class Bring a pencil and an eraser The exam is in room 232