[BUA 101] - Final Exam Guide - Comprehensive Notes for the exam (35 pages long!)

• School: University of Maine
• Department: Business Administration
• Course: BUA 101
• Professor: Devon De Marco

Document Summary

Dimensions of the external business environment: e(cid:454)ter(cid:374)al (cid:271)usi(cid:374)ess e(cid:374)(cid:448)iro(cid:374)(cid:373)e(cid:374)t is e(cid:448)er(cid:455)thi(cid:374)g outside the (cid:271)usi(cid:374)ess"s (cid:271)ou(cid:374)daries that might affect it. Managing the us economy: fiscal policies, the policies that govern how the government collects and spends money, monetary policies, policies the government uses to control money supply, stabilization policy, smooths fluctuation in, output, unemployment, and to stabilize prices. Iii: gather the relevant factual information, analyze the facts to determine the most appropriate moral values, make an ethical judgement based on the rightness or wrongness of the proposed activity or policy, four ethical norms, utility. Do all relevant parties receive fair benefits: rights. The government and social responsibility: the government is important when it comes to business, how governments influence organizations, direct regulation, regulation, the establishment of laws and rules that dictate what organization can and cannot do, example. The environmental protection agency (epa), regulates the environment: the fda regulates the food industry, indirect regulation, example.