Chapter 2 Progress Questions: 1. Explain the term business ethics. The application of ethical standards to business behavior. 2. Explain the difference between a descriptive and prescriptive approach to business ethics. The descriptive you are merely observing what is going on; where as with prescriptive‚ you are giving advice on what should be happening. 3. Identify six stakeholders of an organization. Stockholders‚ Employees‚ Customers‚ Suppliers‚ Retailers‚ Federal Government 4. Give
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CHAPTER 2 Research Methodology This chapter includes research method‚ setting of the study‚ subject of the study‚ source of data‚ procedure of the study‚ project design‚ hardware and software requirements and statistical treatment. Research Method The researchers used the descriptive method together with the developmental research to come up with desired system. Descriptive research is concerned with the description of data and characteristics about a population. The goal is the acquisition
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FIN 534 – Homework Chapter 2 Directions: Answer the following five questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your assignment using the assignment link in the course shell. Each question is worth five points apiece for a total of 25 points for this homework assignment. 1. Which of the following statements is CORRECT? c. If a firm is more profitable than average (e.g.‚ Google)‚ we would normally expect
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High-performance organizations emphasize all of the following EXCEPT: | Internationally-oriented | The goal of HRM could be stated as | To build organizational performance capacity through people | Employee orientation‚ training‚ and performance appraisal fall under the basic human resource management responsibility of | developing a quality workforce | | Cynthia has always performed well in her job‚ and has received good performance appraisals. She has been denied a promotion
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The next morning‚ the boys gather on the beach to discuss what the hunters saw. Ralph tells Piggy about the creature on the mountain‚ which he describes as a beast with teeth and big black eyes. Piggy does not believe him. Jack tells the group that his hunters can defeat the beast‚ but Ralph intercut to say Jack’s group has nothing but sticks as weapons. Jack tells the other boys that the beast is a hunter‚ also telling them that Ralph thinks that the boys are weak. He continues his rant‚ claiming
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HW # 2- Quiz Chapter 2 1.Corporate Financing. How can a small‚ private firm finance its capital investments. Give two or three examples of financing sources. A small‚ private firm can finance its capital investments in financial markets and intermediaries. The intermediaries include hedge funds‚ mutual funds‚ pension funds‚ and financial institutions such as banks and insurance companies. 2.Corporate Financing. Is it possible for an individual to save and invest in a corporations without lending
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CHAPTER 2 REVIEW OF RELATED LITERATURE Presented in this chapter is a synthesis of facts that supports the following topic: Correlation of Popularity among 3rd Year Students and Their Relationship with Other Students. Background of the topic or what is it about including the advantages‚ disadvantages‚ etc. FRIENDSHIP PARADOX The friendship paradox is the phenomenon first observed by the sociologist Scott L. Feld in 1991 that most people have fewer friends than their friends have‚ on average.
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CHAPTER 2 AN INTRODUCTION TO COST TERMS AND PURPOSES 2-20 (15–20 min.) Classification of costs‚ manufacturing sector. Cost object: Type of car assembled (Corolla or Geo Prism) Cost variability: With respect to changes in the number of cars assembled There may be some debate over classifications of individual items‚ especially with regard to cost variability. |Cost Item |D or I |V or F | |A
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Chapter 2 1. (a) Using Medtronic as an example‚ explain how a mission statement gives a strategic direction. (b) Create a mission statement for your own career. Answer: (a) A mission statement gives strategic direction by stating the “what” and “how” of a business in a clear‚ concise‚ meaningful‚ inspirational‚ statement that will continue to be relevant in the long-term. Medtronic’s mission statement identifies its customers‚ market‚ products and technology. They stated the business
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Chapter 2: Perception Difference between perception and sensation our own “spin” on things is the perception that we get from it. Sensation is the immediate response of our sensory reactions to things Perception is the process by which these sensations are selected‚ organized‚ and interpreted. Perception is what we take away from our raw sensations Example is the cola and the pepsi‚ using only senses‚ we cannot tell the difference between them but if we are to add in perception of the beand
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