( 13 reviews )
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Posted: Jun 13 2009
I was amaze about the accuracy of the book. I am very happy with my purchase because it was exactly as it was described originally before I bought it. I will definately buy again with confidence.
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Posted: Mar 31 2009
This book has a good basic overview of the concepts covered. It does not go in depth on much. Good book overall, but I found the examples unhelpful when applying the concepts myself. Also, a major downfall is that the glossary and index are absolutely worthless.
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Posted: Feb 19 2009
There are completely incorrect solutions to problems in every chapter! Not partially correct, not open to interpretation, but flat out WRONG answers, some of which are contradicted by other information in the study guide itself. It is extremely frustrating to study from something that gives you the wrong answers so often. I can't believe the irresponsibility of the authors in releasing such a terribly written, half-assed study guide that so many students are relying on as a learning tool! Some examples: -In chapter one, the answer to multiple choice question 13 indicates that "LICENSING obligates a firm to provide a specialized sales or service strategy", not FRANCHISING. However, the following question 21 states that "LICENSING obligates a firm to provide its technology while FRANCHISING obligates a firm t provide a specialized sale or sevice strategy". In chapter two, after talking about the International Monetary Fund and abbreviating it to "IMF", suddenly they mix up the letters and start talking about the "IFM". This is so confusing because on the very same page, they introduce so many other acronyms, such as IFC, CFF, IDA, SDR, SAL, BIS, MIGA, and GATT. How can we be expected to keep all these straight if the authors can't? In the "key terms matching" for chapter three, the answer key lists "G" as the correct answer twice. This is a matching exercise, so each letter can only be used once. "C" is not used at all. This makes "the act of simultaneously buying and selling the same or equivalent assets..." the answer for both "arbitrage" and "currency forward contract". It is in fact the INCORRECT definition for currency forward contract and you would get that same question wrong if you did that on a test. This book is so terribly unreliable that I have to wonder how many other fallacies I have learned to be the truth, and how many questions I will miss on my test because of it. I've mentioned this in class to my instructor and he agreed that the study guide is full of mistakes. I just don't understand how something gets to an eighth edition and goes to press in such a state. I am disgusted and disappointed by its author's/editor's outright laziness and lack of respect towards students... and I'm only working on my first test!
