Study Plan
Active study priorities across all current courses. Updated by Claude when Joshua prompts after quiz sessions, lessons, or when a new exam date is set.
ADMN 201 — Exam Study Plan
Exam: April 29, 2026 — 3 days remaining
2026-04-26 raw-source audit: Final review of
raw/ADMN201/against existing wiki pages surfaced four exam-relevant gaps. New pages created: CustomerRelationshipManagement, DiversificationAndROI, CreditTermsAndCashFlow, BondPricingAndYields. These are added to Priority 3 below as one-attempt drill targets.
🔴 Active Gaps (Must Fix Before Exam)
Ch5 — Comparative Advantage: Opportunity Cost
See InternationalTradeTheory The error: Said “production cost” — the correct term is opportunity cost. What’s correct: Comparative advantage is about which country gives up less to produce a good — even if another country could produce it more efficiently in absolute terms. Two countries, one can make both wheat and cloth faster — but the other should still specialize in whatever it gives up less of to produce. Exam trigger: Any question that asks why countries trade or specialize → opportunity cost, not production cost. Status: 🔴 Active — 2026-04-25
Ch14 — Open Market Operations: Tool Name
See BankOfCanada The error: Said “Open Market Securities” — the securities (government bonds) are what’s being bought/sold, not the name of the tool. What’s correct: The tool is called Open Market Operations. The Bank of Canada conducts open market operations by buying or selling government securities. Rule: BoC buys securities → money enters reserves → expansionary. BoC sells securities → money leaves reserves → restrictive. Status: 🔴 Active — 2026-04-25
Priority 1 — Chapters to Drill (🟩 = under 90%)
Ranked by rate ascending. These are the chapters most likely to cost marks.
| Chapter | Rate | Notes |
|---|---|---|
| ADMN201-Ch9 — Leadership & Motivation | 82% | Lowest rate. MotivationTheories (9/12) still imperfect. All 8 theories + categories must be automatic. |
| ADMN201-Ch3 — Ethics & CSR | 86% | CSR domains, sexual harassment types. Light session volume. |
| ADMN201-Ch10 — Operations & Quality | 88% | TQM tools, SPC vs Q/Cost Studies. Solid but not 🟦. |
| ADMN201-Ch12 — Marketing Fundamentals | 88% | ProductClassification resolved but CRM and PlanningHierarchy had prior errors. |
| ADMN201-Ch8 — HRM & Labour | 89% | LabourRelations (Conciliation) is fragile — needs to be automatic. |
| ADMN201-Ch14 — Money & Banking | 89% | Active 🔴 gap. OpenMarketOperations tool name. |
Priority 2 — Resolved Gaps (No Action Needed)
These had documented errors but are now confirmed correct on re-test.
| Gap | Resolved |
|---|---|
| Ch9 — Content vs. Process categories | ✅ 2026-04-23 |
| Ch9 — Herzberg hygiene ≠ motivator | ✅ 2026-04-24 |
| Ch9 — Hawthorne Effect (not Theory) | ✅ 2026-04-25 |
| Ch9 — Expectancy Theory name | ✅ 2026-04-24 |
| Ch9 — LeadershipStyles (Democratic = consult + decide) | ✅ 2026-04-25 |
| Ch10 — Quality/Cost Studies vs SPC | ✅ 2026-04-24 |
| Ch10 — SCM information-sharing logic | ✅ 2026-04-24 |
| Ch10 — TQM Category Names | ✅ 2026-04-25 |
| Ch11 — FinancialVsManagerial (Managerial not Management) | ✅ 2026-04-25 |
| Ch11 — IFRS vs GAAP | ✅ 2026-04-25 |
| Ch2 — Rivalry Among Existing Competitors (not Threat of Rivals) | ✅ 2026-04-25 |
| Ch3 — Quid Pro Quo vs Hostile Work Environment | ✅ 2026-04-25 |
| Ch5 — Licensing vs Franchising | ✅ 2026-04-25 |
| Ch13 — Publicity vs Public Relations | ✅ 2026-04-25 |
| Ch13 — Exclusive vs Selective Distribution | ✅ 2026-04-25 |
| Ch14 — Open Market Operations direction | ✅ 2026-04-24 |
| Ch4 — Dividends vs Capital Gains | ✅ 2026-04-25 |
| Ch15 — Bond pricing direction (rates ↑ → price ↓) | ✅ 2026-04-25 |
| Ch15 — Revolving Credit vs Line of Credit | ✅ 2026-04-25 |
Priority 3 — One-Attempt Concepts (Low Confidence Data)
Correct so far but only tested once. Fragile under exam pressure.
| Chapter | Untested or 1-attempt concepts |
|---|---|
| Ch8 | CompensationAndBenefits, WageVsSalary, JobSpecification |
| Ch12 | MarketSegmentation, ExternalForce, ResearchMethod, ObservationMethod, ExperimentationMethod, CRM (data warehousing vs data mining) |
| Ch13 | PersonalSelling, PriceSkimming, AdvertisingDefinition, Broker, PublicRelations, DirectChannel |
| Ch15 | ShortTermFinancing, RiskTypes, RiskRetention, InvestmentVehicles, FinancialManager, Diversification vs Asset Allocation, Total Return %, Compound Growth, Factoring vs Pledging AR, Three inventory categories, Bond price ↔ rate inverse, Bond yield calc |
| Ch14 | Many 1-attempt concepts from 2026-04-19 — low exam risk but worth a spot check |
Chapter Rates at Last Update (2026-04-25)
| Chapter | Rate | Level |
|---|---|---|
| Ch1 — Business Environment | 95% | 🟦 |
| Ch2 — Competitive Environment | 91% | 🟦 |
| Ch3 — Ethics & CSR | 86% | 🟩 |
| Ch4 — Entrepreneurship & Ownership | 94% | 🟦 |
| Ch5 — Global Business | 92% | 🟦 |
| Ch6 — Management Fundamentals | 95% | 🟦 |
| Ch7 — Organizational Structure | 100% | 🟦 |
| Ch8 — HRM & Labour | 89% | 🟩 |
| Ch9 — Leadership & Motivation | 82% | 🟩 |
| Ch10 — Operations & Quality | 88% | 🟩 |
| Ch11 — Accounting & Finance | 91% | 🟦 |
| Ch12 — Marketing Fundamentals | 88% | 🟩 |
| Ch13 — Marketing Mix | 93% | 🟦 |
| Ch14 — Money & Banking | 89% | 🟩 |
| Ch15 — Business Finance | 96% | 🟦 |
| Overall | 91% | 🟦 |
Suggested Study Order (3 days to exam)
| Day | Focus |
|---|---|
| Apr 26 | Ch9 full drill (motivation theories — all 8, both categories); fix ComparativeAdvantage (opportunity cost); read 4 new pages once each (CRM, DiversificationAndROI, CreditTermsAndCashFlow, BondPricingAndYields) |
| Apr 27 | Ch8/Ch10/Ch12 mixed drill; fix OpenMarketOperations tool name; Ch3 spot check; quiz on the 4 new pages — bond price ↔ rate inverse, factoring vs pledging, dividend yield formula, CRM tools |
| Apr 28 | Light review only — weakest concepts only, no new material |
| Apr 29 | Exam |