Chapter 1 Law and Legal Reasoning N.B.: TYPE indicates that a question is new‚ modified‚ or unchanged‚ as follows. N A question new to this edition of the Test Bank. + A question modified from the previous edition of the Test Bank. = A question included in the previous edition of the Test Bank. TRUE/FALSE QUESTIONS 1. Laws and government regulations affect almost all business activities. ANSWER: T PAGES: Section 1 TYPE: N BUSPROG: Analytic AICPA: BB-Legal 2. The U.S. Constitution
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There are many social factors that can contribute to juvenile delinquency. One that has risen to the forefront has been the role the family plays in delinquency. It has become increasingly obvious that a child’s family can have a significant impact on the child’s level of deviance (Matherne &Thomas‚ 2001). In fact‚ research has shown that children with strong parental ties are less likely than their peers without these ties to become delinquent. However‚ this is only the beginning. Parents obviously
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Legal Forms of Business Choosing a form of business for a product or type of service depends on the liability an individual is willing to assume‚ how much involvement an individual wants in the day-to-day work‚ and how much control an individual wants over the business. Prior to making a choice‚ an individual must understand each form of business as well as the risks and rewards for each. There are numerous forms of business‚ including sole Proprietorship‚ Partnership‚ Limited Liability Partnership
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The Political‚ Economic and Social Aspects the Enlightenment The Enlightenment‚ also known as Age of Reason‚ was a cultural movement that spread through England‚ France‚ Germany‚ and other parts of Europe. The Enlightenment mainly focused on mathematics‚ science‚ art‚ philosophy‚ politics and literature in the 1700s. This movement took away the fear of the world and the medieval views that were placed upon the people for so many years‚ and it also opened their eyes to new ideas and reason. Old
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Business is for Everybody’s Benefit A business should not just look to increase profits for the stockholders but more so look at the well being of the customers‚ employees‚ suppliers‚ investors‚ vendors‚ communities‚ and the environment. Some businesses might argue that putting the investors first will lead to a more successful company. Businesses do not flourish by putting all of their attention on just the shareholders alone. As T.J. Rogers‚ founder and CEO of Cypress Semiconductor‚ explains
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7 Business Development Marketing Tips for Social Media by Patrick Zuluaga‚ PMZ Marketing You would have heard so many marketing experts telling everyone to use social media as part of their promotional marketing mix. The Internet is flooded with information on using FaceBook‚ Twitter and other social media sites. Numerous articles have been written on how using social media can help promote your brand image and how it can generate web traffic for your main business website. Keep in mind that
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PRESENTS SOCIAL BUSINESS PLAN COMPETITION 2013 Dear Social Business Enthusiasts‚ Yunus Centre is proud to announce the launch of the 4th Annual Social Business Plan Competition 2013. This competition is designed for university level students to showcase their entrepreneurial skills and creativity to generate solutions for pressing social problems in a business way-the Social Business way! As Professor MuhammadYunus points out‚ today’s generation of young people are more aware of social problems
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Using an organisation you are familiar with; explain how factors in the external business environment influence marketing strategies and outcomes ‘Betfair betting exchange processes more than seven million transactions a day- that’s more than all European stock exchanges combined.’(Betfair‚ 2011) With this sentence we can observe the magnitude and growth that an online gambling company like Betfair.com has achieved. To reach this point they have dealt with many issues in their external environment
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knowledge and prove that the manager is able to accomplish his goals and tasks‚ he definitely has to be able to comprehend who and how the external are forces acting on the organization. This is vital as failure to comprehend could very well result in the dismissal of the manager or collapse of the organization. BODY The external environment is made up of forces and factors that affect the organization performance‚ be it positively or negatively. To explain in greater detail‚ the external environment
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POLITICAL AND LEGAL ENVIRONMENT Marketing decisions are highly affected by changes in the political/ legal environment. The environment is made up of laws and government agencies that influence and constraint various organizations and individuals in society. Legislations affecting business has steadily increased over the years. The product the consumes and the society against unethical business behaviour and regulates the functioning of the business organizations. Removal of restrictions to the
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