[BU451] - Final Exam Guide - Ultimate 29 pages long Study Guide!

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limeotter934

29 Nov 2016

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E. g. driving: must have insurance, government mandated licenses. Definitions: regular: usual, ordinary, routine, done according to the rules, we usuall(cid:455) thi(cid:374)k (cid:862)i(cid:373)posi(cid:374)g, shackli(cid:374)g, co(cid:374)trolli(cid:374)g , rather tha(cid:374) (cid:448)ie(cid:449)i(cid:374)g (cid:862)regulatio(cid:374)(cid:863) from this perspective. Hierarchy gets more narrow and specific with progression. Video: zero to one by peter thiel. It"s i(cid:373)perative to create a business that creates something new, hence 0-1: why we seek a monopoly: capitalism & competition are opposite avoid competition. Find a niche market & scale to create a monopoly. Video: competition bureau: competition increases productivity, product diversity, innovation, competition provokes dishonesty and illegal activities. Therefore must be regulated: 4 c"s : ca(cid:374)adia(cid:374)s (cid:894)(cid:272)o(cid:374)su(cid:373)ers(cid:895), co(cid:373)plia(cid:374)(cid:272)e, colla(cid:271)oratio(cid:374) (cid:894)helps e(cid:454)te(cid:374)d rea(cid:272)h(cid:895), Communication (consumers are informed: operating principals: fairness, predictability, timeliness, transparency, confidentiality. Video : uber vs taxi battle goes global: taxi drivers are regulated, face additional charges. Competition with domestic & international organizations involved in the same industry.

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?