An Australian University Is Attempting to Estimate the Market Size

question 43

Multiple Choice

An Australian university is attempting to estimate the market size for its various undergraduate award programmes for the following academic year. Which of the following groups should it consider as being in the market for degree programmes?

• A) international students who have completed the equivalent of Year 12
• B) students currently studying at private colleges, including English language colleges or those undertaking certificate or diploma programmes
• C) undergraduates currently studying at other Australian universities
• D) domestic school leavers (i.e. students who have completed Year 12 or its equivalent)
• E) all of the above

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Definitions:

Premium

An amount paid in excess of the nominal or face value of something, often associated with bonds or insurance.

Bond

A financial instrument where an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period at a variable or fixed interest rate.

Stockholders' Equity

Stockholders' equity represents the ownership interest of shareholders in the net assets of a company, calculated as the company's total assets minus its total liabilities.

Bonds Payable

A long-term financial liability where the issuer is obligated to pay back the principal along with interest to the bondholders at a future date.