Functions & Role of Laws in Business & Society According to Melvin (2011)‚ the term law is defined as “a body of rules of action or conduct prescribed by controlling authority‚ and having legal binding force.” Many will find that laws are commonly encountered in a business or social environment and it is because laws largely impact the success or failure of a business or social operation. It society is to run smooth and efficient; laws need to be in place to regulate social behavior. Laws are also
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Describe two business sectors you might want to work in if you were an accountant and why? Two business sectors that I might want to work in if I were an accountant would be the IRS and Government Accounting. I think the IRS would be very interesting and I would be curious on how they examine tax payer’s returns‚ confirm and collect taxes‚ enforce tax laws and preparing and analyzing revenue reports. I always said that if for some reason I become an accountant or anything dealing with money I would
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• Concepts associated with national income • Methods of measuring national income • Rationales of national income analysis • Obstacles to national income measurement • Circular flow of income (two sector economy) 3. Macroeconomic theories • Classical economics: ideologies • Keynesian economics: ideologies • Monetarism: ideologies • New Classical economics: ideologies 4. Unemployment
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Inequalities of social class‚ race‚ and ethnicity and gender effects the life chances on the macro and micro level. Inequalities that are inherited to the American way of life have caused enormous pain and suffering along with the social class‚ race and gender. People have been abused and held back from living and achieving life potential. It is sadly ironic that a country that was founded on liberty and freedom and would be so mired in the sludge of racism and bigotry. This sad condition
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jobs nowadays require good math skills. Not many people are fans of math‚ but if you go job hunting‚ most require a lot math background. STEM‚ which stands for science‚ technology‚ engineering‚ and mathematics‚ helps students understand the importance of math in everyday life. Plenty of jobs require the knowledge of mathematics‚ but some important ones are doctors‚ forensic scientists‚ and cryptanalysts. One important job that requires math background is being a doctor. Physicians use math daily when
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great benefits. Communication technology has changed the way the world conducts business. Business communication‚ in particular‚ has seen some of the greatest advancements due to technological developments. Technology has altered modern life in many ways‚ especially in the workplace. The invention of computers‚ the miniaturization of electronics and the development of wireless communication have all altered the business world. The Word Communication: Its Origin and Meaning The English word “communication”
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since these organizations deliver key services that otherwise be the responsibility of the government and non-profits are meant to do good‚ not quantity of profit. The purpose of community benefit organizations is to serve the public. Describe two specific challenges CBO’s face that are not typically present in the for-profit realm. One challenge CBO’s face is that program outcomes are difficult to achieve. Community benefit organizations have limited resources to support their mission. An example
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the scientific method are the observation of real world behavior and outcomes. Based on those observations‚ formulating a possible explanation of cause and effect which is a hypothesis. Next‚ testing this explanation by comparing the outcomes of specific events to the outcome predicted by the hypothesis. Then‚ accepting‚ rejecting‚ and modifying the hypothesis‚ based on these comparisons. Finally‚ continuing to test the hypothesis against the facts. If favorable results accumulate‚ the hypothesis
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-297.332 F) State at room temperature: Gas 2. What do we use oxygen for? Describe two common uses of oxygen in our world‚ that do not take place within
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Contrast the ownership and purposes of two of the businesses used in P1. The two businesses chosen must have different ownership and purposes. HSBC and my local newsagent are businesses with two different types of ownership and purposes. HSBC is a bank which is opened to all the public‚ all the public are entitled to use these premises only if they have a valid bank account. This is called being a public limited company. HSBC’s purposes are to help people manage their money as well as insurance
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