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To encourage entrepreneurial growth government might

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Pass laws that enable business people to write contracts that are enforceable in court

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The new era business will

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Be in information based global revolution that will impact all sectors of the economy

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Which of the following cicircumstances is most likely to reduce one standard of living

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An increase in the cost of some good such as escalating gasoline prices

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The impact of war and terrorism on the US business is that

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Companies have grown more slowly as money has been diverted to the war effort

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Profits equal

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The funds available for business growth after expenses and salaries are paid

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Among changes resulting from increased global trade are

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Improved living standards around the world

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When corruption is evident in government

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Factors are more difficult to build without obtaining a permit through bribery of public officials

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Since the mid-1980s the sector has generated the most increases in employment in the United States

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Sevice

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Which of the following is the best reason for a business to be managed ethically

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And ethically managed business helps to reduce employee turnover

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Pak-it-your-way asked to evaluate the kinds of socially responsible efforts

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Social audit

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The most basic question in an ethics based management system is asking the question

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Is it legal?

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Encouraged by the new Sarbanes-Oxley law individual support an ethical or illegal behavior within an organization are referred to as

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Whistleblowers

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Ethics are the standards of right and wrong set for us by society where as the law is

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The minimum protection society in acts T words behavior that is harmful to many

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Proponents of corporate social responsibility strongly believe in benevolent however they still want their businesses to be profitable in the long run they believe

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CSR can lead to even more profits

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Which of these actions is least likely to restore the trust of the American public in the free-market system

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Define the concept of ethics morning early and make the definition closer to the definition of legality

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Which of the following is not included as one of the questions we must ask when faced with an ethical dilemma

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Is it acceptable if everyone else is doing it

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Which of the following is not a part of integrity-based ethics code

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Emphasizes strong penalties for wrongdoers

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According to the text ethical behavior begins with

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Ourselves

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Illegal provision known as the now provides an award for whistleblowers whose actions result in a legal conviction

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Dodd/Frank Wall Street reform and consumer protection act

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Driving several hours to help storm victims

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Corporate social initiative

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So often with fines or fast-growing form of foreign direct investment the size of this fund and the fact that they are investments from government Cooper's of other nations might be a cause for concern or specifically some fear

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The government who offers these funds may obtain sensitive technologies or gain control of strategic resources

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Besides the shift if the jobs to foreign countries outsourcing his other drawback such as

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Questionable safety and quality issues with finished products

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And global trade the term dumping refers to

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The practice of selling products in a foreign country a lower prices than those charged in the producing company

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The strategic alliance between Coca-Cola and nestle expanded a period of over 20 years due to the fact that both companies benefit from this agreement as a global marketing strategy and important characteristic of the strategic alliance is

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Participant companies do not share cost or profits

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The worlds largest exporter

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China

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Have a strategy for region global markets licensing provide the licensor with several advantages one advantage is

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Licensing helps avoid patent infringment

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All of the following are reasons for Pinterest to participate in foreign trade except

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It is just as easy to start a business overseas as it is in the US

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The EU is an example of a trading block or a ....which has a common external to hear no internal tears and the coordination of the laws to facilitate trade between member countries

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Common market

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We were for two BR IC nations as for global economic powers the likely be important horses in the world trade by 2030 it is predicted that the two nations that will supply the world with most of the worlds raw material or

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Brazil and Russia

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Hey cost-effective way that many companies outsource the production of goods such as clothing shoes until the Mestic firm can contracts with a foreign company to produce in private label the goods because the price is much cheaper than the domestic them could produce in its home market

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Contract manufacturing

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The makers of Whirlpool washers and other electrical appliances manufactures need to be concerned about the time and availability of electricity in the global marketplace if there were compatibility problem it would result in a Difference

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Technological

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Because of the high volume bicycles as a common form of transportation in Beijing and Shanghai Charles wants to sell his bicycle ones to these markets in this case the exchange rate is one US dollar equals 6.42 Chinese yuan economically speaking how are his prospects

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It depends on the value of the Chinese yuan in relation to the dollar

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Although the andolvia government has not completely banned the importation of peanuts it has placed...... On the number of peanut products that the nation can import each year

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Embargos

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Using government regulations to limit the imported goods and services is called

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Trade protectionism

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The love of specifically prohibits questionable or dubious payments to a foreign officials in an effort to secure business contracts is called the

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Foreign corrupt practices act

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The difference between when are you coming into a country from at sports and money leaving at country due to import plus money flows from other factors is known as the

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Balance of trade

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Technical skills that applied to the business at hand or most of the necessary at

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Lower levels of management

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Which of the following is a false statement about small businesses

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The first job for most Americans is unlikely to be a small business

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Contemporary managers

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Emphasize teamwork and cooperation and act as coaches rather than bosses

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We believe in creating work this morning about dividing at spirits. Great value we are committed to direct relationships and services based on standards-based technology in our performing the competition with value in superior customer experience this statement is part of Dell's

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Mission statement

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The management function of ........ include tiring motivating and retaining the best people to accomplish the company's objectives

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Staffing

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The new three skilled in stores who are willing and interested to work for him and he was aware that new construction was an all time low it's a residential properties being foreclosed interviewing his list you would categorize

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Two strengths and one threat

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Why do incubator facilities continue to remain very popular with start up businesses

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I providing the central services to entrepreneurs they have very strong success rate

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So like the same in the best substantiates why we say the role of management is changing

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Contemporary managers will focus on global issues and green issues and continue to emphasize the team approach to work

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Schmidt quickly began perfoming the ..... function or he created well structured department and higher skill people to perform the various functions of the business

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Organizing

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Why do experts agree that small business management and large business management or somewhere in practice

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Similar to large businesses businesses small businesses have concerns about obtaining capital and good marketing and management practices

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A traditional tool that serves as a way of evaluating the company's current business situation is called swot analysis this is an acronym for

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Strengths, weaknesses, opportunities, threats

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Which of the following is false statement

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General consensus is that larger companies are more responsive to customers needs and smaller companies

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Lauren is on her way home from work when she realizes she forgot to get cat food she stops at a local grocery store even though she doesn't like grocery store she is experiencing what kind of decision-making

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Situational

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Which of the following would be considered when discussing the marketing mix variables

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Setting a price for the product

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Marketing is as much about helping seller so products and services as it is about

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Helping buyers by

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Intermediaries are

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Organizations that are in the middle of a series of organizations that distribute goods from producers to consumers

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The idea behind the marketing concept is

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I mutually beneficial exchange between buyers and sellers were buyers receive quality products and goods services and sellers realize a profit

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If marketers wanted to know if all eight-year-old in their market had some more TV show and movie interest there inquiry would also focus on........ segmentation

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Psychographic

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What is the first step in the marketing research process

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Defining the problem

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Once Machens I can have a better understanding of the kinds of baseball skills the local youth want to acquire they can begin to prepare the

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Marketing mix

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Marketing strategies for the business to business market

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Differ from the consumer market strategies because the nature of the buyers different

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Business to business customers

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Tend to be more rational in their decision-making then individual consumers

question

Which of the following products would be considered part of the business to business market

answer

A computer for the instructor to use while teaching the class

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