Chapter 1 Sociology -The Study of Human Behavior in Society The Classical Sociological Thinkers • Auguste Comte: Introduced the term “sociology” / Founder Catalyst for‚ “modernism”: the belief in evolutionary progress through the application of science • Alexis de Tocqueville: A French social theorist. Believed that democracy can either enhance or erode individual liberty. • Karl Marx: Believed that class was the organizing principle of social life; all other divisions would eventually
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History study notes CHAPTER ONE- FEDERATION Definitions Constitution- set of rules outlining the structure and powers of an organisation or government. Federation- a political unit formed from smaller units on a federal basis. Australia’s six colonies united under a central government on January 1st 1901. Free trade- a belief that trade should be free from tariffs and protection Tariffs- A list or system of duties imposed by a government on imported or exported goods. Economic advantages-by
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LIABILITY OF DIRECTORS A director plays a vital role in a corporate organization. They manage the business‚ design business policies and select the officers. Liability of the directors is a crucial aspect where a director is expected to be honest‚ vigilant and protect the shareholders trust in him. Shareholders own the corporation and elect the board of directors whose approval is required for major corporate actions. Liability comes into picture when directors or officers tend to cause financial
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Review material BUS 5502 Ch. 8‚ 10‚ 11‚ 12‚ 13‚ 14‚ 15‚ 18 Receivables: 1. The Allowance for uncollectible accounts currently has a credit balance of $900. After analyzing the accounts in the accounts receivable subsidiary ledger‚ the company’s management estimates that uncollectible accounts will be $15‚000. What will be the amount of uncollectible accounts expense reported on the income statement? 1/11/2011 | Accounts Receivable | a | $ 900.00 | | | Sales revenue | a | |
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International Business Strategy Mission Statement Goals SBU Portfolio Analysis Strategic Focus SWOT 5 Forces Model Vorravee Pattaravongvisut Mission Statement Most difficult job Restricts Flexibility Answers the Question:What Business are We In? Other possible questions: –Who are our customers? –How do we provide them with value? –What business do we want to be in? –How will we get there? –What is our competitive scope? (industry‚ technology‚ competency‚ segments‚ channels‚ geography)
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B120 An Introduction to Business Studies PDF created with pdfFactory Pro trial version www.pdffactory.com Contact Information PDF created with pdfFactory Pro trial version www.pdffactory.com Session 1 WHAT IS A BUSINESS? PDF created with pdfFactory Pro trial version www.pdffactory.com What is a Business? Business is such an integral part of our lives that we do not normally stop to think about it. It is hard to define for the very reason that there is so much of it around us
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Eduardo Napoles Jr. 3/19/13 BUS 141 (P) Saltz TEST #1 1. Globalization refers to in which activities of large number of business enterprises is carried out in many different locations across national boundaries. It is much more than just importing or exporting from one country to another. True globalization involves one firm procuring form‚ manufacturing in‚ and selling in many different countries. There has been an increasing trend in the world towards globalization is characterized
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BUSN 333 Class #3 Slide 1 ___________________________________ Business Communications BUSN 333 ___________________________________ “To listen well is as powerful a means of communication and influence as to talk well.” John Marshall ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ Slide 2 Writing Essential to Good Writing: ___________________________________
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Ethical Dilemma: Two or more values you hold dear‚ or Personal value conflicts with organizational value Prescriptive (Normative) Principles→Focus on consequences (teleological ethics): Practical and already underlines business thinking. But difficult to evaluate all consequences‚ right of minorities can be sacrificed./Focus on duties‚ obligations‚ principles (deontological ethics): The means matter more than the ends‚ Decisions based on abstract universal principles such as honesty‚ fairness‚ rights
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Case Test 3 Chapter 12 Ethics Case 12-45 1. If the purchase had been handled properly by the controller this transaction may have been considered within ethical standards. However‚ evidence of weaknesses in internal control over inventory and possible management override of computerized records‚ that in all appearances increase the risk of adulterated inventory counts and computerized records in general‚ warrant response from the auditing team during their assessment of financial statements
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