Question 1 2 out of 2 points A local restaurant offers an "all you can eat" Sunday brunch for $12. Jenica eats two servings but leaves half of a third helping uneaten. Why? Selected Answer: Her marginal value of an additional bite of food has fallen to zero. Correct Answer: Her marginal value of an additional bite of food has fallen to zero. Question 2 2 out of 2 points Websites‚ such as Craigslists and eBay‚ function as middlemen by Selected Answer: increasing the efficiency
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Business ethics : Expectations and disappointments In early December I attended the Inaugural Australasian Business Ethics Network (ABEN) conference in New-Zealand: Business Ethics – Expectations and Disappointments. Still an emerging network‚ ABEN was set up late last year by a group representing academic institutions from around Australia and New Zealand. The purpose of the Network is to provide support for business ethics education and research in the Australasian region. Business ethics;
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Table of Contents 1.0 Executive Summary 2 2.0 Opinion of value 2 3.0 Assumptions and Limiting Conditions 2 4.0 Business Overview: 3 4.0.1 History of company 3 4.0.2 Services provided 3 4.0.3 Education industry analysis and its impact on canteen business 4 4.3.1 Enrolment of international students 5 4.3.2 Education industry’s impact on canteen business 5 4.0.4 Production process 6 4.0.4.1 Basic ordering processes 6 4.0.4.2 Self service process 7 4.0.5 Customer’s analysis
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Business ethics Name Institution Business Ethics Question 1: What is the moral point of view and why is it important? Does it make sense to say that business people must operate from the perspective of the moral point of view? Why‚ or why not? Answer: Business ethics refers to the study of proper business policies and practices‚ with regards to the potential controversial issues such as corporate governance‚ discrimination‚ bribery among others (Madsen & Shafritz 1990)
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work already. But if we open our own business eventually we will need to know all the information about it. And with Obama being our current president is good to keep up with all the current information that is going on. • Why is it interesting? I think this is an interesting topic since my husband and I would like to open our own small business. My husband went to school to get his business management degree and I am going to school to get my business administration degree. The plan is
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Task 1 Describe the type of business‚ purpose and ownership of 2 contrasting types of businesses. Sole Trader A sole trader is a business owned by 1 person. It does not have limited liability meaning that if it fails and creates debts the owner is personally responsible for this. Sole trader’s usually have to work long hours and learn about all the aspects of business as many start up businesses cannot afford to hire people to take on other tasks. The owner is responsible for everything that goes
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A business opportunity (or bizopp) involves sale or lease of any product‚ service‚ equipment‚ etc. that will enable the purchaser-licensee to begin a business. The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee. This is different from the sale of an independent business‚ in which there is no continued relationship required by the seller. Makeup of a business opportunity
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(1)What is a Business Environment? Answer A Business Environment is the physical and operational factors‚ both internal and external‚ that affect the flow of activities in a business. They include; customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations and technological developments. (2)What Are the Types of External Business Environments? Answer There are many types
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BTEC IN BUSINESS Level 3 UNIT 2 – Business Resources Assignment 2 Name: P4: Sources of Finance There are two main ways that a business can access financial resources: From within the business (internal source) Can be from the business owner’s savings or from profits From outside the business (external source) There are a number of external sources that can be used to fund a business: Banks/building societies Hire Purchase Leasing Venture Capitalist Factoring Share issues Friends/family
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BUSINESS INCUBATION Many entrepreneurs don’t have the space or desire to start a business out of their home‚ yet find renting space and setting up essential support functions is overwhelming financially and energy draining just at a time when their financial resources and energy are most needed for development of the business itself. A business incubator can be the perfect solution for such a person. Business incubation provides a nurturing‚ instructive and supportive environment for entrepreneurs
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