BUSN115 Intro to Business Technology Course

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BUSN115 Intro to Business Technology Course
Prepare a two- to three-page paper in APA style, sixth edition format…

 

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BUSN115 Intro to Business Technology Course

BUSN115 Intro to Business Technology Course

A + Assignment Week 1, 2, 3, 5, 6| Quiz Week 2, 3, 5, 6| Midterm Exam| Discussions Week 1-7 |Midterm and Final Exam Answers to Study Guide – 36 Pages

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A+ Course: Assignment Week 3, 5| Quiz Week 2, 4, 6| Discussions Week 1-7| Final Exam

Economic System Homework Week 1 

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Prepare a two- to three-page paper in APA style, sixth edition format, that describes, explains, addresses, and answers the following questions or statements.

Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why? (9 points)

Describe and explain why a socialist system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010. (9 points)

Use the laws of supply and demand to explain why the cost to heat our homes and businesses goes up in the winter time. Be sure to explain your answer fully. (9 points)

Include APA style in-text citations, as well as a reference section. (3 points)

Preview:

The socialist economic system is best suited for handling crises of epic proportions because the government is responsible for the employment of members of the emergency teams, such…

Sports Franchises Homework

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Prepare a two- to three-page paper in APA style, sixth edition format that describes, explains, addresses, and answers the following questions or statements.

What cultural factors must U.S. sports franchises overcome to increase popularity abroad? Why? (9 points)

How can franchises ensure their products are appropriate for international markets? (9 points)

Should governments protect their industries by placing tariffs on imported products? Why? Why not? (9 points)

Include APA-style in-text citations as well as a reference section. (3 points)

Homework submissions should be typed in Word. Use 1-inch margins with 12-point type and double spacing. Proper spelling, grammar, clarity, and APA style for a business report will be considered in addition to concepts as part of the final grade. Use subheadings to separate major sections or concepts. The final paper should be between 500 and 750 words and be two to three pages in length. Submit your paper as an attachment in the Dropbox. Remember, your submitted paper must be your own work with appropriate citations for your resources. Please be sure to include in-text (parenthetical) citations any time research is included, in APA format, as well as a list of references for all sources.

An essay is a composition that is intended to be an analytical, interpretative, original response about the topics and examples in question. An appropriate response should fully answer all questions. It should be organized, have a purpose, and contain examples to support the purpose. There should be a clear introduction, body, and conclusion. Homework should be edited for grammar, spelling, typos, and correct punctuation. The writing style should demonstrate an understanding of the material assigned and integrate multiple points of view, using vocabulary reflective of the topics discussed over the course of the week.

Preview:

Cultural Factors that U.S. Sports Franchises Must Overcome to Increase Popularity Abroad

One of the cultural factors that sports franchises must overcome to increase popularity overseas includes increasing the people’s familiarity with the sport and establishing…

BUSN115 Intro to Business Technology Course

Quiz Week 2 

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(TCO 1) A partnership in which two more companies (sometimes from different countries) join to undertake a major project is called (Points : 5)

Absolute advantage

Comparative advantage theory

Countertrading

Joint venture

Tariff

(TCO 3) A global strategy in which a licensor allows a licensee to produce its product in exchange for a royalty is (Points : 5)

Tariff

Strategic alliance

Free trade

Exporting

Common market

(TCO 3) The value of one nation’s currency relative to the currencies of other countries is known as (Points : 5)

Balance of trade

Devaluation

Dumping

Embargo

Exchange rate

Research Paper “The United States Laws” Week 3 

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Weekly Research Paper (85 points total): Prepare a three-page paper in APA style that describes, explains, addresses, and answers the following.

The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not? Be sure to provide evidence to support your position one way or the other. Using the course shell, access the DeVry University library to research this topic a bit further. In addition, access the http://www.ftc.gov website for additional information and resources.

Include APA style in-text citations as well as a reference section.

Research papers should be typed in Word. Use 1-inch margins with 12-point type and double spacing. Proper spelling, grammar, clarity, and APA style for a business report will be considered in addition to concepts as part of the final grade. Use subheadings to separate major sections or concepts. The final paper should be between 750 and 1,500 words and three pages in length. Submit your paper as an attachment in the Dropbox. Remember, your submitted paper must be your own work with appropriate citations for your resources. Please be sure to include in-text (parenthetical) citations in APA format and a list of references for all sources.

An essay is a composition that is intended to be an analytical, interpretative, original response about the topics and examples in question. An appropriate response should fully answer all questions and develop the topic. It should be organized, have a purpose, and contain examples to support the purpose. There should be a clear introduction, body, and conclusion. Homework should be edited for grammar, spelling, typos, and correct punctuation. The writing style should demonstrate an understanding of the material assigned and integrate multiple points of view, using vocabulary reflective of the topics discussed in the course.

Make sure you support your conclusions and decisions with sound research and analysis from at least two sources. Your textbook can be a source. Explanations of your options and choices are an important part of your demonstration of your mastery of this proposal. Consider your plan from the point of view of a persuasive business proposal.

Preview:

One of the ways by which these laws are effective is that they protect the employee rights and ensure workplace safety (Bovee & Thill, 2013).  An example is the minimum wage law, which ensures that employees receive fair compensation.  On the other hand ….

BUSN115 Intro to Business Technology Course

Quiz Week 3 

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(TCO 2) What is a document that protects a creator’s rights to materials such as books, articles, photos, paintings, and cartoons? (Points : 5)

Administrative agencies

Uniform Commercial Code

Copyright

Negligence

Tort

(TCO 2) Legal procedures initiated by a debtor who are unable to meet their financial obligations is called (Points : 5)

Bankruptcy

Damages

Taxes

Contract

Judiciary

(TCO 2) The dimension of social responsibility that includes charitable donations is (Points : 5)

Social audit

Corporate philanthropy

Integrity-based ethics codes

Corporate policy

Corporate responsibility

Midterm Exam 

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(TCO 1) The amount of money a business takes in during a given time period by selling goods and/or selling services. (Points : 5)

Business

Goods

Services

Entrepreneur

Revenue

 (TCO 1) That part of economics that studies the behavior of people and organizations in particular markets. (Points : 5)

Economics

Microeconomics

Macroeconomics

Resource development

Invisible Hand

(TCO 1) Describe and explain capitalism and how it functions in a free market economy. (Points : 30)

(TCO 2) An unethical activity in which insiders use private company information to further their own fortunes or those of their family and friends. (Points : 5)

Insider trading

Social audit

Socially conscious investors

Environmentalists

Union officials

(TCO 2) Describe and explain corporate responsibility using an ethical perspective. Your stakeholder group for your answer is parents of high school students. Your company designs, produces, and sells video game apps for the mobile market. A concern has been raised in the community where your company is located about the violence portrayed in your mobile video game apps. What do you say to the parents? Why? (Points : 30)

(TCO 3) A complete ban on the import or export of a certain product; or the stopping of all trade with a country. (Points : 5)

Tariff
Import/Exporting Ban

Censoring

Embargo

None of the above

BUSN115 Intro to Business Technology Course

(TCO 3) An unfavorable balance of trade occurs when the value of a country’s imports exceeds that of its exports. (Points : 5)

Trade surplus

Trade deficit

Tariffs

Strategic alliance

Multinational corporation

(TCO 3) Describe and explain the fundamentals of the international market. Why do nations trade and how trade measured. (Points : 30)

(TCO 4) Investors who provide money to finance new businesses or turnarounds in exchange for a portion of ownership, with the objective of reselling the business at a proft.(Points : 5)

Venture Capitalists

Extrapreneurs

Intrapreneurs

Angel Investors

None of the above

(TCO 4) Outline the three ways an entrepreneur can start the business discussing the advantages and disadvantages of the three. (Points : 25)

BUSN115 Intro to Business Technology Course

Research Paper “A Salesperson” Week 5

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Weekly Research Paper (85 points total): Prepare a three-page paper in APA style that describes, explains, addresses, and answers the following.

Many people shy away from careers in selling, often because they think they are not outgoing enough or because salespeople are dishonest or pushy. In this weekly research paper, describe your most memorable experience with a salesperson that was positive and made you feel comfortable. Then in the next section, describe an experience with a salesperson that was unpleasant and made you feel uncomfortable. In comparing the two experiences, answer the following questions. In reflecting on the positive experience, what one thing about the experience made you feel good about it? Why? In reflecting on the unpleasant experience, what one thing about the experience made you feel uncomfortable about it? Why? Consider what you do for work on a day-to-day basis. Given what you do, do you consider yourself to be some form or fashion of a salesperson? Why? Why not?

Include APA style in-text citations as well as a reference section.

Research papers should be typed in Word. Use 1-inch margins with 12-point type and double spacing. Proper spelling, grammar, clarity, and APA style for a business report will be considered in addition to concepts as part of the final grade. Use subheadings to separate major sections or concepts. The final paper should be between 750 and 1,500 words and three pages in length. Submit your paper as an attachment in the Dropbox. Remember, your submitted paper must be your own work with appropriate citations for your resources. Please be sure to include in-text (parenthetical) citations in APA format and a list of references for all sources.

An essay is a composition that is intended to be an analytical, interpretative, original response about the topics and examples in question. An appropriate response should fully answer all questions and develop the topic. It should be organized, have a purpose, and contain examples to support the purpose. There should be a clear introduction, body, and conclusion. Homework should be edited for grammar, spelling, typos, and correct punctuation. The writing style should demonstrate an understanding of the material assigned and integrate multiple points of view, using vocabulary reflective of the topics discussed in the course.

Make sure you support your conclusions and decisions with sound research and analysis from at least two sources. Your textbook can be a source. Explanations of your options and choices are an important part of your demonstration of your mastery of this proposal. Consider your plan from the point of view of a persuasive business proposal.

Preview:

A positive experience that the writer had with a salesperson was when he was purchasing some food and drink at a new grocery store and he wasn’t familiar with where the food items he needed were located.  He asked a salesperson to point him to…

BUSN115 Intro to Business Technology Course

Quiz Week 5 

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(TCO 5) A whole set of marketing intermediaries that join together to transport and store goods in their path from producers to consumers is (Points : 5)

Administered distribution system

Agents and brokers

Wholesaler

Distribution channel

Contractual distribution system

(TCO 9) Promotional methodology in which heavy advertising and sales promotion efforts are directed toward consumers so that they will request the products from retailers is called____(Points : 5)

Viral marketing

Publicity

Personal selling

Pull strategy

Pick economy

(TCO 8) Describes a type of distribution system (Points : 5)

Product

Place

Promotion

Price

Marketing

BUSN115 Intro to Business Technology Course

Mining Group Gold Assignment Week 6

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Prepare a two- to three-page paper in APA style, sixth edition format, that describes, explains, addresses, and answers the following questions or statements.

Questions to Consider (30 points total)

Review the information in the lecture that presents mining group gold as a method for facilitating meetings. Then, after you have studied and reviewed this information, answer the following questions in a two- to three-page paper. Your paper should use APA style.

Describe and explain the five basic steps of mining group gold for its team meeting management process. (9 points)

What are the steps for dealing with emotions during a session or meeting? (9 points)

Describe and explain how you believe the mining group gold process will improve teamwork, empowerment, and effective communication. (9 points)

Include APA style in-text citations as well as a reference section. (3 points)

Upload your completed paper to the Dropbox for Week 6.

Homework submissions should be typed in Word. Use 1-inch margins with 12-point type and double spacing. Proper spelling, grammar, clarity, and APA style for a business report will be considered in addition to concepts as part of the final grade. Use subheadings to separate major sections or concepts. The final paper should be between 500 and 750 words and be two to three pages in length. Submit your paper as an attachment in the Dropbox. Remember, your submitted paper must be your own work with appropriate citations for your resources. Please be sure to include in-text (parenthetical) citations any time research is included, in APA format, as well as a list of references for all sources.

An essay is a composition that is intended to be an analytical, interpretative, original response about the topics and examples in question. An appropriate response should fully answer all questions. It should be organized, have a purpose, and contain examples to support the purpose. There should be a clear introduction, body, and conclusion. Homework should be edited for grammar, spelling, typos, and correct punctuation. The writing style should demonstrate an understanding of the material assigned and integrate multiple points of view, using vocabulary reflective of the topics discussed over the course of the week.

Preview:

The first step helps the group identify the goals or objectives for holding a meeting.  This ensures that everyone understands why the meeting is being held and how they can contribute to it.  The second step helps the group identify the desired results for the…

BUSN115 Intro to Business Technology Course

Quiz Week 6 

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(TCO 6) A brief articulation of the principles that guide a company’s decisions and behave (Points : 5)

Mission Statement

Vision Statement

Quality Control

Values Statement

None of the above

(TCO 6) Herzberg’s motivating factors includes _____. (Select the one best answer.) (Points : 5)

A sense of achievement

Interest in the long-term goals of the organization

A subordinate’s fairness

Life and work balance

Economic conditions in the industry

(TCO 7) Multidimensional networks of suppliers and outsourcing partners is called _____. (Points : 5)

Value chain

Value web

Supply chain

Supply chain management

None of the above

BUSN115 Intro to Business Technology Course

Students Discussions Week 1-7 Posted by ALL Students – 606 Pages 

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Week 1 All Students Posts – 101 Pages

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In What Manner is Wal-Mart Influencing America? – 54 Pages

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Do Wal-Mart’s business practices raise or lower our standard of living? How? Why do you think this is so?  Is Wal-Mart’s business strategy fair and equitable to all parties? Why or why not? What are ways that a government of any country can lessen the risks to encourage people to start businesses (entrepreneurship)? Based on the feedback in this thread can we agree that a company’s strategy can be viewed as management’s game plan for:

  • How to grow the business
  • how to compete successfully
  • how to attract and please customers
  • How to conduct operations
  • Overall how to achieve targeted objectives

I have been on the fence about Wal-Mart for a long time.  I have several friends that will not step foot inside of a Wal-Mart.  I think the specifics on how the Wal-Mart could raise or lower living standards would hinge on location.  If your location was directly affected by Wal-Mart opening, then it possibly have a negative effect.  On the other hand, my personal experience is a higher standard of living.  Given the sheer amount of items I can purchase at the local Super Wal-Mart.  The items I am buying may not be the same quality as a different retailer with a different manufacturer, however on plenty of items that Wal-Mart sells it is unnecessary for me.

I think recent events would show even Wal-Mart has started to question their business strategy and the lack of support for US manufacturing…

Can Social Entrepreneurship Succeed? – 47 Pages

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What are the risks for a social entrepreneur? Why? What are the benefits for a social entrepreneur? Why? What are the similarities and differences between business entrepreneurs and social entrepreneurs? Why is this important to consider and discuss? Can social entrepreneurship be successful in our capitalistic society; if so, how? Why? If not, why not? What should be changed in our capitalistic society to assist social entrepreneurs in becoming successful? Why? Would strict capitalists recommend such changes in order to accommodate social entrepreneurs? How?…

The risks of a social entrepreneur are very similar to those of any other type of entrepreneur in that there has to be a demand for the serves they provide.  I can see that cultural museums would fall under this category.  If there is not a desire to learn about that culture for example by people that are descendant of the culture in question, then it would be an unsound investment of time, energy and resources.  This is the same as if a new startup whose goal is purely financial would not form unless there was a desire from the population for the serves or product…

BUSN115 Intro to Business Technology Course

Week 2 All Students Posts – 93 Pages

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International Trade or Stay Close to Home? – 50 Pages

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Most of the world’s population lives outside the United States. However, many U.S. companies, especially small businesses, still do not engage in international trade. Why do you think this is the case? If you were a small business owner, would you want to engage in international trade? Why? Why not? What impact would your endeavors in international trade have on your business? Why? Many people believe that imposing quotas, tariffs, or embargoes upsets the theory of comparative advantage, which is based on free economic exchange. According to the theory, companies should sell products to other countries that they can most efficiently produce, and buy products from other countries that can produce them more efficiently.

Comparative advantage can sometimes be a difficult concept for people to understand. Our written lecture this week can be interpreted as an example of using Unit X (United States) and Y (Colombia), and Products A (growing coffee beans) and B (producing coffee), to explain the theory. Often, this can seem even more confusing. Let’s try as a class to come up with companies and products to make an example of comparative advantage. Let’s make some sense of this theory! I look forward to the discussion…Who would like to start?…

Industrialized Versus Developing – 43 Pages

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The United States is considered to be an industrialized nation because we have such a high standard of living. Countries with lower standards of living are considered to be emerging or developing nations.  What factors prevent developing countries from becoming developed? Why? What are the responsibilities of industrialized nations to developing nations in this regard? Why? What are the responsibilities of businesses in industrialized nations to businesses in developing nations? Are there any? Why? Why not?

The world itself have a place for everything and everyone in it have a talent to fulfill and those talent will become in such power for an economic system, yes we are an industrialized nation and there are a few other countries that could a big competition for us.
Another countries have power over the market place one example is Brazil and with a positive market around the world and this one has become another a developed country in a short period of time. With a car industry well founded Brazil is the number four in the world for the auto industry…

Week 3 All Students Posts – 88 Pages

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Socially Responsible? – 35 Pages

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Will there ever be a single set of international rules governing multinational companies? Why? Why not? In what way are United States businesses demanding socially responsible behavior from their international suppliers? Why is this important to discuss? Society is constantly redefining its expectations of business and now holds most enterprises to high behavioral standards. Companies must go beyond “doing well” – simply earning a profit – to “doing good” – living up to their social responsibility.

In a free enterprise system, as we discussed in Week 1, companies that fail to respond to their customers’ needs and demands soon go out of business. Today, customers are increasingly demanding that the companies they buy goods and services from be socially responsible.

Question: What is business’s responsibility to the following?

  1. a) Environment
  2. b) Employees
  3. c) Customers
  4. d) Investors
  5. e) Community

Who will get us started on this discussion

There may be a single set of rules governing international companies as far as manufacturing standards and human rights standards (for employee safety) are concerned, but we are a long way off from this. Political and economic climates vary significantly from country to country. Rules regarding employment and manufacturing practices vary greatly and even the EU and U.S. do not agree on what ingredients are considered safe many times. If such international rules are established, there comes the issue of enforcing it. Many practices for war and torture are outlawed by international law but still occur with few repercussions…

Is it a Matter of Ethics? – 33 Pages

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An acquaintance of yours in your class has just asked you if he or she could copy a paper you wrote for another instructor last semester. Chances seem good that last semester’s instructor and your current course instructor don’t talk with one another much. Given that, what are your alternatives? What are the consequences of each? Would this situation have been easier to resolve if you had asked yourself the three ethical test questions listed in this week’s assigned chapter? Why? Why not?

Aside from the fact that you would be doing your friend a disservice by not allowing them to learn the material and work through it in their own so that they truly learn it, one would hope that this behavior would be considered dishonest by one’s own moral code. Student ethics and integrity expection wouldn’t permit this type of cheating. If all of this fails to stop you, because “who will ever know?” Then consider that databases and applications exist that assist instructors in finding plagiarism. All an instructor needs to do is copy and paste the snippet into a search and if a replica of the text can be found online, you are busted. Is the risk worth expulsion. What will happen when tougher ethical questions are placed in front of your in your professional life? Is it okay enough to do something anyway even if “no one will ever know.” If you take pride in your professionalism, this shouldn’t be a question. I don’t think the ethical test questions make much of a difference unless you are already questioning your ethical stance, most would come to the same conclusions. An alternative would be to offer to let your friend read your paper from last semester to get a better grip on the assignment but not necessarily give it to them to keep, another option would be to offer to help your friend write the paper…

Week 4 All Students Posts – 85 Pages

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Ethical Considerations – 32 Pages

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You’re thinking about starting your own chain of upscale, drive-through espresso stands. You have several ideal sites in mind, and you’ve analyzed the industry and all the important statistics. You have financial backing, and you really understand the coffee market. In fact, you’ve become a regular at a competitor’s operation for over a month. The owner thinks you’re his best customer. He even wants to name a sandwich creation after you. But you’re not there because you love the espresso. No, you’re actually spying. You’re learning everything you can about the competition so you can outsmart them. Is this behavior ethical?

This behavior is ethical.  Few companies start from a unique idea.  Most have been started due to seeing a problem with a product or service.  When we see something wrong we have 3 choices; accept it, ignore it, or change it.  If one chooses the latter, that is where new business is born.  Seeing how things are done in a successful (or mostly successful business) is simply a form of market research.  Market research in itself is not unethical.  Copying the formula or process might be unethical.  Stealing a secret formula, method, or process would be considered unethical.  Trademarks and company names are covered (if the business is built correctly) by laws to protect them.  Patents cover formulae, and processes, as well as designs.  Any duplication of these items could be considered unethical.  Therefore, seeing how another business does business alone is not unethical.  Copying how a business does business might be unethical.  Stealing ideas and processes, designs, names, and trademarks would be unethical.  Simply doing market research is ethical…

A Small Business and Social Media – 53 Pages

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What is your overall goal in using social media? Have you used social media on a personal level? If so, how? Were there any problems? How did you get past the problems?

What do you see as the advantages to using social media in a small business? Why?

What do you see as the disadvantages to using social media in a small business? Why?

How do you see integrating the use of social media in your day-to-day operations? Why is this important to consider? How will you know if your social media efforts are successful? What would be your leading indicators?  If your social media efforts were not successful, what would be your exit plan or exit strategy? Why? How? How long should you wait to know if your efforts are successful?

The overall goals of using social media in a business capacity is for name recognition, marketing, and feedback.  I have used social media for one of my businesses and found that the biggest problem for me was time.  Setup was easy.  I sell to a very specific market.  I have a fairly unique product that doesn’t change in design too much.  No need to update pictures other than the occasional product promotion.  The time spent checking to see if anyone has posted something I need to address is time consuming.  As a sole proprietor, and a 1-2 person operation, I simply don’t have the time or resources to put into constantly updating a social media site.  Given a set amount of time each day to do things, perhaps I could devote 1 hour to checking and updating the site, however, once business picks up, due to the increased web exposure…

BUSN115 Intro to Business Technology Course

Week 5 All Students Posts – 75 Pages

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Communication: In a Promotional Way – 30 Pages

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What kinds of problems can emerge if a firm doesn’t communicate with environmentalists, the news media, and the local community? Why? Do you know of any firms that aren’t responsive to your community? If so, describe the firm and tell us why it isn’t responsive. What are the consequences if a firm chooses to ignore such stakeholder groups?

There was a lumber mill in the area I grew up in that initially was not at all responsive to the community. It was clear cutting and dumping massive amounts of sawdust, dirt, and other runoff into the local river. While there were not specific laws in place stopping them from doing so at the time, they experienced a massive negative response from the local community. They were everything short of picketed for several months, their products were not bought by their neighbors, their employees faced ridicule and negative social pressure for even working there. Needless to say, they have drastically changed their ways in the last twenty years, but it took some significant pressure to do so…

Blogs, Podcasts, and Social Media – 35 Pages

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How have blogging, podcasting, and social media affected other media you use, like news sites, newspapers (either printed or online versions of the printed papers), or television? Do you think blogging is an influential word-of-mouth promotional tool? Why? Why not? Do you read newspapers now? If so, which ones? Why?

We are living in the digital information age with nearly half of all Americans get some form of local news on a mobile device, and 46% of people get their news online at least three times a week. What’s more, online news sources officially surpassed print newspapers in ad revenue in 2010. Thanks to online news, we’re getting more breaking news than ever before. And thanks to social media, we’re getting news as it happens—sometimes even before news organizations have a chance to report it. I think blogging is a very influential word of mouth promotional tool, especially for the popular bloggers. People will take what these people say and trust them 99% of the time, so if a popular blogger says [x] place has bad food, it can have a really bad effect on that place…

Week 6 All Students Posts – 91 Pages

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What? Me!? A Manager?  – 53 Pages

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Do you prefer to work for a small firm or a large firm? Why? Do you prefer to work for a private company or a public company? Why? Do you prefer to work in the for-profit sector or the not-for-profit sector? Why? Do you prefer to work in an office setting? Why? Do you prefer to work out in the field? Why? What kind of leader do you think that you would be? Why? Do you have any information to support your self-perceived leadership style? If so, what is this information?

While I understand both perspectives, I do think it is doable for a larger firm to function with a small firm approach to how it accomplishes its function or mission. I believe that this is one of things that can be easily lost but doable with effort on the part of those on the team as well as those who “coach” or lead the team. Pieces of a puzzle fit better together to make a complete puzzle and picture. Even though, it is true that some parts of a puzzle still make a picture, just not the complete picture…

Workers and Robots: Fair and Equitable? – 38 Pages

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Are you concerned that automation may increase unemployment or underemployment in the United States and around the world? Why? Why not? Is using robotic technology in a factory in the United States a fair and equitable solution to the high cost of human labor? Why? Why not? Can you explain in your own words what you believe a company culture is?  If you use the textbook for your explanation please be sure to provide an in-text citation. What kind of company culture would you try to create if you owned a business? How do most companies use operations management to stay competitive in their respective industries? What keeps a company from offshore outsourcing its production process?

Only short-term thinking could argue that automation would decrease employment.  To be sure, unskilled labor, repetitive labor, purely mechanical jobs will decrease, and thankfully so.  History is full of such occasions (with the accompanying fear of unemployment):  the Luddites, who thought that the automatic weaving machines would be detrimental to hand-weavers; the cotton gin, which threatened the slave-owners; the assembly-line of Henry Ford, which threatened the horse-and-carriage trade…

BUSN115 Intro to Business Technology Course

Week 7 All Students Posts – 83 Pages

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Effects of Information Technology on Management – 50 Pages

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Evaluate and discuss the human resource, security, privacy, and stability issues affected by information technology. The increase of information technology has affected management greatly. The best guess is that it will probably continue to do so. Given that, discuss the issues from the perspective of change and change management. What is the impact of such issues on the management of information technology? Conversely, what is the effect of information technology on management? Why is this important to discuss? In what way does information technology and management impact what you do at your job on a day-to-day basis? Why do you think this is important to discuss?

The impact of change and change management with information technology is extremely significant.  For technology becomes out dated nearly the moment it hits the shelf for sales, with the cost being significant business can’t keep up with those changes.  But, they also can’t afford to stay behind for just recently one of the major operating systems had cancelled its support leaving those systems and companies unwilling to upgrade vulnerable to hackers and other computer ware concerns.  As a manager they have to weigh the risk of the change with the risk of not changing, and when a change is required what to change to.  For a lateral change and dealing with legacy systems as well as identifying their compatibility can create great risk, but generate no revenue or profit – it is just a hit to the capital budget that is required like building maintenance and replacing a roof…

Financial Controls – 33 Pages

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The company you co-founded last year is growing rapidly and has strong prospects for an IPO in the next year or two. The additional capital that an IPO could raise would let you hire the brightest people in the industry and continue to innovate with new product research. There is one potential glitch: you and the rest of the executive team have been so focused on launching the business that you haven’t paid much attention to financial control. You’ve had plenty of funds from venture capitalists and early sales, so working capital hasn’t been a problem, but an experienced CEO in your industry recently told you that you’ll never have a successful IPO unless you clean up the financial side of the house. Your co-founders say they are too busy chasing great opportunities right now, and they want to wait until right before the IPO to hire a seasoned financial executive to put things in order. What should you do and why?

EFM stands for Emergency Financial Manager.  This is a position appointed by the state to take control of cities, towns, and school districts that have had, or simply have, financial problems as decided by state government.  There is no election process, either in determining who is in crisis, nor in who is appointed an EFM.  Imposing the will of the government on a smaller government without the consent of the people is not only wrong, it is unconstitutional…

BUSN115 Intro to Business Technology Course

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Midterm and Final Exam Answers to Study Guide – 36 Pages

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Midterm Exam Answers to Study Guide

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  1. Define importing and exporting.
  2. Explain free trade.
  3. Explain the difference between absolute advantage and comparative advantage.
  4. Explain business, goods, services, and revenue.
  5. Define and explain entrepreneurship.
  6. Explain economics and resource development.
  7. Summarize Adam Smith’s theory.
  8. Define and explain the various forms of business organization to include partnerships, franchising, and corporations.
  9. Define and explain international and global marketing.
  10. Explain the major concepts related to a small business startup to include business plans, venture capitalists, the SBA, the SBIC, and SCORE
  11. Know the elements of a business plan.
  12. Explain acquisition, LBO, and LLP.
  13. Explain corporate policy and corporate responsibility.
  14. Describe corporate social initiatives.
  15. Define ethics.
  16. Define CSR.
  17. Describe insider trading.
  18. Explain various interested stakeholders.
  19. List and explain the steps to be considered when determining the ethics of an action.
  20. Explain the differences between compliance- and integrity-based ethics codes.
  21. Define balance of payments and balance of trade.
  22. Describe common market, countertrading, and devaluation.
  23. Identify and explain WTO, SWFs, NAFTA, and FDI.
  24. Describe an embargo.
  25. Describe and explain trade surplus, deficit, tariffs, a strategic alliance, and a multinational corporation.
  26. Explain the steps to establish a new business.
  27. Describe an intrapreneur.
  28. Explain microloans and the management team.
  29. Describe and explain GDP, communism, depression, recession, and capitalism.
  30. Explain some of the reasons for the success and failure of small businesses.
  31. Describe the forms of business ownership; know how they are used and the advantages and disadvantages of each one.
  32. Describe a franchise, and know its advantages and disadvantages.
  33. Define a business merger.
  34. Describe the purpose of a limited liability company.
  35. Describe what advantages a small business may have when entering a foreign country’s market.
  36. Describe what the difference is between privately and publicly owned businesses.
  37. Describe the reasons why some people become entrepreneurs.
  38. Explain the steps that should be taken in the buying of a franchise.
  39. Describe and explain SCORE.
  40. Describe the aspects of a limited liability company.

BUSN115 Intro to Business Technology Course

Finals Exam Answers to Study Guide

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  1. Explain free market capitalism
  2. Describe and explain home-based entrepreneurial endeavors
  3. Explain how intermediaries perform the six marketing utilities
  4. Compare the business-to-business market and the consumer market
  5. Identify the new and traditional tools that make up the promotion mix
  6. Define and apply common economic indicators
  7. Define and discuss the ethical and social responsibilities of business
  8. Describe management’s role in setting ethical standards
  9. Describe and apply a business code of ethics
  10. Describe and explain the role of U.S. businesses in influencing ethical behavior and social responsibility in global markets
  11. Describe and explain sales law under the Uniform Commercial Code
  12. Define the elements of a contract
  13. Summarize several laws that regulate competition and protect consumers in the US
  14. Describe and explain the role of deregulation in the economy
  15. Discuss the changing landscape of the global market and the issue of offshore outsourcing
  16. Explain why nations trade
  17. Describe and explain the forces that affect trading in global markets
  18. Explain the advantages and disadvantages of trade protectionism
  19. Describe the role entrepreneurs play in the creation of jobs
  20. Explain why people take the risks of entrepreneurship; list the attributes of successful
  21. Analyze what it takes to start and run a small business
  22. Show how marketers use environmental scanning to learn about the changing marketing environment
  23. Explain how marketers apply the tools of market segmentation, relationship marketing, and the study of consumer behavior
  24. Discuss the four Ps of marketing
  25. Define marketing and apply the marketing concept to both for-profit and nonprofit organizations
  26. Show how word of mouth, e-mail marketing, viral marketing, blogging, podcasting, and mobile marketing work
  27. Contrast the advantages and disadvantages of various advertising media, including the Internet and social media
  28. Understand channel systems, and explain the various ways to build cooperation in them
  29. Describe and explain the four functions of management
  30. Relate the planning process and decision making to the accomplishment of company goals
  31. Describe the current state of U.S. manufacturing and what manufacturers have done to become more competitive
  32. Describe and explain planning issues as they relate to a firm’s operations, including its employees
  33. Show how managers put motivation theories into action through such strategies as job enrichment, open communication, and job recognition
  34. Show how managers personalize motivation strategies to appeal to employees across the globe and across generations
  35. Describe the various production processes, and describe techniques that improve productivity
  36. Describe and explain how to use a PERT chart and a Gantt chart
  37. Explain how flexible manufacturing is used
  38. Describe and explain when to use lean manufacturing
  39. Explain how mass customization can be used
  40. What are ERP and MRP?
  41. How does vision apply to business?
  42. Explain and apply facility location and layout to business
  43. Describe the four eras in the evolution of marketing
  44. Describe and explain the role of marketing managers and the marketing mix
  45. Describe the marketing research process
  46. Describe logistics and outline how intermediaries manage the transportation and storage of goods
  47. Describe business-to-business marketing (B2B) and the business-to-consumer sales process
  48. Describe and explain how social media complements other promotions, including promotional strategies
  49. Describe and explain social media and Web 2.0
  50. Describe and explain privacy issues and stability issues as they apply to information networks
  51. Describe some of the common types of information used by business
  52. Describe and explain how information is managed
  53. Explain knowledge management and how it can be applied in a business setting
  54. Describe the types of computer software most frequently used in business
  55. Describe and explain business intelligence and how it is changing business
  56. Describe and explain virtualization and cloud computing
  57. Explain the different accounting disciplines
  58. List, describe, and apply business financial statements (income statement, balance sheet, statement of cash flows)
  59. Describe the roles and responsibilities of financial managers
  60. What are the finance concerns for small businesses
  61. List the types of financial budgets

BUSN115 Intro to Business Technology Course

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