[BU111] - Final Exam Guide - Comprehensive Notes for the exam (23 pages long!)

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beigefly852

28 Nov 2016

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BU111 Full Course Notes

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Competitor - competes businesses through crown corporations (hydro & Regulator - reasons: protecting competition - competition act - prohibits a variety of business practices that lessen competition protecting consumers achieving social goals - promote the well-being of canadian society protecting the environment. Progressive revenue taxes - are levied at a higher on higher income taxpayers and lower rate on lower-income taxpayers. Regressive revenue taxes - (eg sales tax) - are levied at the same rate regardless of person"s income. Restrictive taxes (e. g taxes on alcohol, gasoline, tobacco) are levied partially for the revenue they provide, but also because legislative bodies believe that the products in question should be controlled. Government as a provider of incentives and financial assistance. Government as a provider of essential services - highways, postal services, armed force. Provincial and municipal governments provide streets, sewage, and sanitation systems, police, educationetc. Business try to influence the government through the use of lobbyists.

Related Questions

The term business ethics is best described by the following statement:

a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.

b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards, and rules of conduct."

c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or standards governing the conduct of the members of a profession."

d. It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.

e. It comprises the principles, values, and standards that guide behavior in the world of business

sapphireskunk152

Professor Adam wants to study how people join a small extremist political organization dedicated to right- wing ideas. He first interviews recent recruits and asks who introduced him/her to the organization. He next interviews the named person and asks who introduced him/her to the organization, and so forth. What type of sample is the professor using?