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Study Resources (Business Management)

3.              Explain the three types of mergers. 4.              Describe the current merger trends and how they affect the businesses involved and their stockholders. .
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Although Nike was founded in the Pacific Northwest and still has its corporate headquarters near Beaverton, Oregon, the company has become a multinational enterprise.The firm employs more than 35,000 people across six continents and is now a global marketer of footwear, apparel, and athletic equipment. Because it operates in 160 countries.
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5.              To what extent should the blame for vehicular air pollution be shared by manufacturers, consumers, and government? 6.              Why is there so much government regulation involving social responsibility issues? Should there be less? .
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1.              What are the advantages of a corporation? 2.              What are the disadvantages of a corporation? 1.              Explain the difference between an S-corporation and a limited-liability company. 2.              How does a regular(C) corporation differ from a not-for-profit corporation? .
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1.              Which advantages of small business helped Mary Ellen Sheets establish and grow Two Men and a Truck? 2.              Which disadvantages of small business did Two Men and a Truck have to overcome? If you had been part of the business at the start, what suggestions would you have offered for.
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4.              What is venture capital? How does the SBA help small businesses to obtain it? 1.              Explain the relationships among a franchise, the franchisor, and the franchisee. 2.              Describe the three general categories of franchising arrangements. .
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1.              The United States restricts imports but, at the same time, supports the WTO and international banks whose objective is to enhance world trade. As a member of Congress, how would you justify this contradiction to your constituents? 2.              What effects might the devaluation of a nation’s currency have on its.
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1.              According to the IMF, what are the world economic growth projections for 2013 and 2014? 2.              What is the importance of exports to the U.S. economy? 3.              Which nations are the principal trading partners of the United States? What are the major U.S. imports and exports? 1.              Define and describe the major.
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1.              TFAn absolute advantage is the ability to produce a specific product more efficiently than any other products. 2.              TFThe balance of payments is the total value of a country’s exports less the total value of its imports. 3.              TFExporting is purchasing raw materials or products in other nations and bringing them.
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1.              TFSocial responsibility is the recognition that business activities have an impact on society and the consideration of that impact in business decisions. 2.              TFThe economic model of social responsibility places emphasis not only on profits but also on the impact of business decisions on society. 3.              TFConsumerism consists of all those.
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1.              Describe the three levels of management. 2.              Identify the various areas of management specialization, and describe the responsibilities of each. .
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3.              Discuss the following statement: “Corporations are not really run by their owners.” 4.              What kinds of services do not-for-profit corporations provide? Would a career in a not-for-profit corporation appeal to you? 5.              Is growth a good thing for all firms? How does management know when a firm is ready to grow? .
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1.              PortionPac is family-owned. How does this private ownership affect the company’s ability to follow the socioeconomic model of social responsibility? 2.              If you were appointed to conduct a social audit of PortionPac, what type of information would you collect? What questions would you ask? Explain your answer. 3.              Do you agree.
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1.              Why do firms engage in international trade? 2.              What is the difference between an absolute advantage and a comparative advantage? 3.              What is the difference between balance of trade and balance of payments? .
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1.              When a company acts in an ethically questionable manner, what types of problems are caused for the organization and its customers? 2.              How can an employee take an ethical stand regarding a business decision when his or her superior already has taken a different position? .
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1.              What is management? 2.              What are the four kinds of resources? 1.              Why is planning sometimes referred to as the “first” management function? 2.              What is a plan? Differentiate between the major types of plans. 3.              What kind of motivations do different employees have? 4.              What are the three steps of controlling? .
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1.              In your own words, define a joint venture and a syndicate. 2.              In what ways are joint ventures and syndicates alike? In what ways do they differ? 1.              What happens when a firm makes a decision to grow from within? 2.              What is a hostile takeover? How is it related to a.
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1.              Do you think the efforts of Brazil’s government to keep the economy growing will be successful? Why or why not? 2.              What downsides might Brazil experience by implementing quotas, tariffs, and measures to devalue its currency? .
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In 2010, Pepsi decided to develop a new social media–based project, called Pepsi Refresh Project, aimed at Millennials and allowing consumers to post ideas for improving their communities. This replaced the $20 million they spent on Super Bowl advertising. The project received more than 57 million votes. Visit the website.
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1.              Explain the difference between an open corporation and a closed corporation. 2.              How is a domestic corporation different from a foreign corporation and an alien corporation? 3.              Outline the incorporation process, and describe the basic corporate structure. 4.              What rights do stockholders have? .
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1.              TFToday, there are more corporations than there are sole proprietorships and partnerships in the United States. 2.              TFFor a sole proprietorship and partnership, unlimited liability is a legal concept that holds a business owner personally responsible for all the debts of the business. 3.              TFLimited partners in a limited partnership can.
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1.              TFA policy of considering only nonminority applicants for job openings is called reverse discrimination. 2.              TFToday, few firms are either purely economic or purely socioeconomic in their outlook. 3.              TFWorking conditions in the early twentieth century were not much different from those that exist today, except for the more advanced technology.
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1.              Did the Department of Justice make the right decision when it blocked the merger of T-Mobile and AT&T? Why or why not? 2.              What do you think the pros and cons of acquiring a competing company are? Create a list of each. .
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1.              What steps must a business take to implement a program of social responsibility? 2.              What is the social audit? Who should prepare a social audit for the firm? 3.              What are the three sources of funding for a social responsibility program? a.Management can pass the cost on to consumers in the form.
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1.              TFA small business is one that is dependent, is operated as a not-for-profit organization, and is not dominant in its field. 2.              TFThe primary reason for small-business failure is mismanagement resulting from lack of business know-how. 3.              TFThe type of person likely to start a small business is independent, has a.
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Not-for-profit organizations have used social media to redefine how they can get funding for their missions. There are even a few that exist totally online. Check out www.donorschoose.org and www.kiva.org. Both of these depend on crowds (called crowdfunding) to either fund educational projects (Donors Choose) or lend money to support.
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1.              TFThe ability to produce a specific product more efficiently than any other nation is called comparative advantage. 2.              TFInternational business consists of all business activities that involve exchanges across national boundaries. 3.              TFThe balance of trade is the total value of a country’s exports less the total value of its imports.
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3.              Should imports to the United States be curtailed by, say, 20 percent to eliminate our trade deficit? What might happen if this were done? 4.              When should a firm consider expanding from strictly domestic trade to international trade? When should it consider becoming further involved in international trade? What factors.
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1.              If you were to start a business, which ownership form would you choose? What factors might affect your choice? 2.              Why might an investor choose to become a partner in a limited partnership instead of purchasing the stock of an open corporation? .
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American Express’s “Open Forum” is a website that is designed for small-business owners (www.openforum.com). Do a search using a search engine like Google or Bing and you will also find its presence on Tumblr and Pinterest. Take a look at the Open Forum websiteand answer the following questions. 1.What questions can.
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1.              TFAn advantage to the franchisor is that he or she gains fast and selective distribution of the product. 2.              TFAn advantage for the franchisee is the opportunity to start a business with limited capital. 3.              TFThe majority of small businesses are found in the production industry. 4.              TFBecause of their small size,.
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1.              List and briefly describe the principal restrictions that may be applied to a nation’s imports. 2.              What reasons are generally given for imposing trade restrictions? a.To equalize a nation’s balance of payments. b.To protect new or weak industries. c.To protect national security. d.To protect the health of citizens. e.To retaliate for another nation’s trade restrictions. f.To.
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1.              What is a sole proprietorship? 2.              What are the advantages of a sole proprietorship? 3.              What are the disadvantages of a sole proprietorship? 1.              How does a sole proprietorship differ from a partnership? 2.              Explain the difference between a general partner and a limited partner. .
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1.              Most people who start small businesses are aware of the high failure rate and the reasons for it. Why, then, do some take no steps to protect their firms from failure? What steps should they take? 2.              Are the so-called advantages of small business really advantages? Wouldn’t every small-business owner.
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1.              Identify six ways in which the SBA provides management assistance to small businesses. 2.              Identify two ways in which the SBA provides financial assistance to small businesses. 3.              Why does the SBA concentrate on providing management and financial assistance to small business? .
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List some key sources of export assistance. How can these sources be useful to small business firms? 1.              What is the Export-Import Bank of the United States? How does it assist U.S. exporters? 2.              What is a multilateral development bank (MDB)? Who supports these banks? 3.              What is the International Monetary Fund? What.
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3.              Overall, would it be more profitable for a business to follow the economic model or the socioeconomic model of social responsibility? 4.              Why should business take on the task of training the hard-core unemployed? .
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2.              Which two areas of business generally attract the most small business? Why are these areas attractive to small business? 3.              Distinguish among service industries, distribution industries, and production industries. 1.              What kinds of factors encourage certain people to start new businesses? 2.              What are the major causes of small-business failure? Do these.
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1.              TFThere are more sole proprietorships in the United States than there are partnerships or corporations. 2.              TFThe term limited partnership is used to describe a business where all partners have general partnership status. 3.              TFThe people who start a corporation are called incorporators. 4.              TFPreferred stockholders are paid dividends before common stockholders. 5.             .
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3.              Name some other examples of horizontal, vertical, and conglomerate mergers you’re aware of.Considering the impact of mergers on competition, what are the advantages and disadvantages of each type of merger? .
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1.              What does the franchisor receive in a franchising agreement? What does the franchisee receive? What does each provide? 2.              Cite one major benefit of franchising for the franchisor. Cite one major benefit of franchising for the franchisee. 3.              How does the SBA help small-business owners who want to enter the world.
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