cases) According to the FTC‚ which three criteria have to be met for advertising to be considered as deceptive? What steps can the FTC take to regulate deceptive advertising? (in the book!) What is the purpose of industry regulation? Ex: Better Business Bureau Under conditions can media organizations refuse advertising? What are professional codes of ethics? How do consumer advocacy groups regulate advertising? -Start with the lecture material‚ *Don’t worry about: the subliminal advertising
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A business cannot claim to be ethical firm if it ignores unethical practices by its suppliers – e.g. * Use of child labour and forced labour * Production in sweatshops * Violation of the basic rights of workers * Ignoring health‚ safety and environmental standards An ethical business has to be concerned with the behaviour of all businesses that operate in the supply chain – i.e. * Suppliers * Contractors * Distributors * Sales agents The two articles below
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Case Study 6.1 Sweatshops Katie White BA 616 Business Ethics Dr. Moore 31 May 2014 Which of your company’s practices can you defend in good conscience? The company can defend moving much of it’s manufacturing plants overseas. For the company this cuts labor costs and provides jobs to those who are in desperate need in other countries. The wages provided to employees is in compliance with the local laws. The employees are satisfied with their wages and the hours they work. There is a large demand
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Practice Multiple Choice Questions for Exam 2 Prof. Alex Angelus Sept. 20‚ 2014 Question 1 2. Which of the following regarding the mean and variance of a portfolio of two stocks is false? a. . b. . \ c. d. . 2 Question 2 2. Which of the following are required conditions for the distribution of a discrete random variable X that can assume values xi? a. 0 p(xi) 1 for all xi b. c. Both a) and b) are required conditions d. Neither a) nor b) are required conditions
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Business is Show Business: An Article about Business Presentations By Mohamed Daher The article was written by Brigitte Biehl-Missal. She is a professor in the Aberystwyth University. It was published in the Journal of Management Studies on May 2011. The article does not talk about management procedures or decisions‚ but rather‚ it talks about business presentations and the impact of visual and on-stage performances of senior managers and CEOs when they are giving presentations. What does the
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COMM 308 TEST #2 – PRACTICE QUESTIONS Correct answers are marked in white. Select al (ctrl+A)l and change font color to black to reveal them 1. You are considering the following two mutually exclusive projects. The required rate of return is 14.6 percent for project A and 13.8 percent for project B. Which project should you accept and why? project A; because it has the higher required rate of return project A; because its NPV is about $4‚900 more than the NPV of project B X
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Apple and the Ethical/Business Problems of Child Labor and Other Unsavory Practices Posted by Rob Enderle Mar 1‚ 2010 4:15:23 PM Apple seems to be having supplier problems. Last week Wintek‚ one of Apple’s suppliers‚ was reported to have been using a chemical‚ n-hexane‚ which had poisoned 49 workers. This week there is an issue with suppliers who use child labor to make Apple products. Either of these problems could affect any company that uses suppliers in areas with lax regulation‚ doing
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Practice Problems Chapter 13 Recommended 1-3‚ 6‚ 8‚ 21‚22‚24 Discussion Questions 13-1. Risk-averse corporate managers are not unwilling to take risks‚ but will require a higher return from risky investments. There must be a premium or additional compensation for risk taking. 13-2. Risk may be defined in terms of the variability of outcomes from a given investment. The greater the variability‚ the greater the risk. Risk may be measured in terms of the coefficient of variation‚ in which we divide
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Professor Rhonda Rodriguez English 209 17 March 2014 Alice Walker As a writer‚ Alice Walker deals with many issues‚ most of which concern historical and modern race problems in America. Through this she brings to national attention the cruelty and inhumane abuse that African Americans have endured. This general topic can be broken down into many areas that she feels are important for people to know and to learn from. Alice walker was born on the ninth of February in 1944‚ In Eatonton Georgia. She
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1) Which of the following most correctly describes GDP? GDP is the sum of the market value of all A) goods and services purchased within a country in a given time period. B) final goods and services produced within a country in a given time period. C) final goods and services purchased within a country in a given time period. D) intermediate goods and services produced within a country in a given time period. E) final goods and services produced by a
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