1. Explain the difference between efficiency and effectiveness. Efficiency involves accomplishing something with the least amount of effort‚ expense‚ or waste. Effectiveness simply involves getting work done that helps achieve organizational goals and may or may not be done efficiently. 2. What are the four management functions? The four management functions are: planning‚ organizing‚ leading‚ and controlling. 3. What are the four management functions? -planning: This includes developing
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File: chap01‚ Chapter 1 Multiple Choice 1. All of the following are major factors in determining what we eat EXCEPT the _____ of food. A. cost B. taste C. shape D. texture Ans: C Page: 4 2. The two most important elements in the selection of food for most people are A. taste and texture of food. B. health and prevention of disease. C. time and convenience. D. energy and fat content. Ans: A Page: 4 3. Neophobia related to food is most often experienced
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------------------------------------------------- Chapter 1—The Importance of Business Ethics MULTIPLE CHOICE 1. Principles are a. | laws and regulations that guide behavior in the world of business. | b. | mores‚ values‚ and customs that guide behavior in general. | c. | specific and pervasive boundaries for behavior that are universal and absolute. | d. | the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders. |
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CHAPTER 1: INTRODUCTION Background of the Study An operating system is the most important software that runs on a computer. It manages the computer’s memory‚ processes‚ and all of its software and hardware. It also allows you to communicate with the computer without knowing how to speak the computer’s language (Beal). An operating system (sometimes abbreviated as "OS") is the program that‚ after being initially loaded into the computer by a boot program‚ manages all the other programs in a computer
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Case Study 1 Types of Employment Contract A contract of service is an agreement whereby one person agrees to employ another as an employee and the other agrees to serve his employer as an employee. Under a contract of service‚ the employer must contribute CPF‚ and provide relevant statutory benefits such as annual leave‚ sick leave etc. for its employees engaged. However‚ a contract for services is an agreement whereby a person is engaged as an independent contractor‚ such as a self-employed person
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Basically‚ the role of business is to produce goods and services which consumers need. The business firm produces goods and services from the factors of production provided by society. Consumers in turn‚ buy these goods and services. Business firms thus contribute to the country’s economic growth. One measure of economic growth is the Gross National Product (GNP)‚ defined as the total market value of goods and services produced by a country in any given period. Consequently‚ to produce goods
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McKenna Miller Easton 10/25/13 American Government Section 2 Project: 1. I am affiliated with the Democratic Party. Like many Democrats‚ I believe that the government is responsible for taking care of all American citizens‚ and aim to direct my votes towards bills and laws with this kind of ideology. The Democratic Party can help me get elected by first nominating me‚ informing the public and activating their interest and participation in public affairs. They can also hold Democratic Party fundraisers
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Question 1 No‚ I did not believe that Merck acted in a socially responsible and ethical manner with regard to Vioxx. Vioxx is a prescription medicine used to relieve signs and symptoms of arthritis‚ acute pain in adults and painful menstrual cycle and Merck was one of the world’s leading pharmaceutical firms. Corporate social responsibility means that a corporation should act in a way that enhances society and its inhabitants and be held accountable for any of its actions that affect people‚ their
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Running head: Business and its role in Society Hoppis‚ R Running head: Business and its role in Society Homework ES Rita Hoppis Devry University Online Author Note This paper was prepared for BUSN 115‚ online‚ taught by Professor Williams. Business and its role in Society
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tax withholding and payroll. Bernadette Harrigan‚ an assistant vice president in law department of the Massachusetts Mutual Life Insurance made a statement that in 2013‚ the face of the nation would be changing and to be competitive‚ to win in business today‚ companies needed to change with the demographics of the nation. As an insurance company‚ the costs associated with maintaining a dual system for claims are perhaps high which could be the main reason why they are in support of this venture
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