Economics Of Business Essay

| The customers would be influenced because if the company are financially struggling the customers are there only hope to stay profiting. If the company was to go bust it means customers will no longer be able to shop there. The customers would be an external stakeholder, they can get information by advertisements and even check their annual report on the businesses website.

Imagine that you have decided to open a small ice cream stand on campus called "Ice-Campusades." You are very excited because you love ice cream (delicious!) and this is a fun way for you to apply your business and economics skills! Here is the first month's scenario--you order the same number (and the same variety) of ice creams each day from the ice cream suppliers, and your ice creams are always marked at $1.50 each. However, you notice that there are days when ice creams remain unsold but other days when there are not enough ice creams for the number of customers.

Apple Incorporation is one of the biggest high technology company that operates worldwide. Is was established on April 1, 1976 in California by Steve Wozniak, Steve Jobs and Ronald Wayne.The company is known for designing and manufacturing several technology devices include Smart Phones (iPhone), Tablets, iPods, iPads, Mac, Apple TV, Apple watches as known as smart watches, it also produce software’s like the OS X and iOS operating systems, and offers several online services such as iCloud, Apple Pay, Apple Care. The company strategy is to designee and enhances its own operating systems, software, hardware and other services by providing customers with new developed technology.

The provision and use of personal protective equipment could include using gloves, glasses, earmuffs, aprons, safety footwear, dust masks.

Using the data and your own economic knowledge, assess the case for financing universities mainly through charging fees to their students.

When you develop messages, what factors should you consider as you choose your words? Which considerations do you think are most important? Why?

There are many different paths people can take throughout their lives. In the novel, Fifth Business by Robertson Davies, the main character, Dunstan Ramsey, takes the path of the Canadian hero. There are many different steps to be taken by the hero and Dunstan Ramsey follows his path by completing each step.

Kirkland’s Inc. and Pier 1 Imports are among the major players represented in the retail home décor industry, where there is a constant demand to provide the right merchandising mix and marketing program for consumer attraction. However, in recent years there has been a decline in the retail home décor industry. Consumers have cut spending in anticipation of the continuing rise in gas prices, unemployment rates, interest rates, consumer debt and taxation. In the midst of a sluggish, unstable economy, both companies struggle to be profitable. In addition, the increased consumer spending in the fourth quarter for both companies does not

1. Give an example of a case that would fall under diversity jurisdiction. Explain all of the key elements of such a case.

Please note that this Assessment document has 8 pages and is made up of 7 Sections.

3. For a crime to be committed, the prosecutor must be able to prove a criminal intent and an overt act to carry out that intent. Jack and Mary agreed to rob a series of banks. Prior to beginning their bank robbery spree, they were arrested and charged with criminal conspiracy. What act did Jack and Mary do that justifies a finding that they committed the crime? Explain.

Opportunity cost is the value of the next best alternative in a decision. Imagine that you have $150 to see a concert. You can either see "Hot Stuff" or you can see "Good Times Band." Assume that you value Hot Stuff's concert at $225 and Good Times' concert at $150. Both concerts cost $150 per ticket, but it would take you a couple of hours to drive to Hot Stuff's concert and you have to be in school (the next) morning for an exam. Good Times' concert is right here in town. Explain how you would assess the opportunity cost of seeing Good Times in concert. What is the opportunity cost of going to Good Times' concert?

My internship at NDU was at EST Ephrem Makhlouf, specialized in special building materials and waterproofing products.

The world of business has undergone radical and dramatic changes in the last decade changes that present extraordinary challenges for the contemporary manager. A manager is an organizational member who is responsible for planning, organizing, leading, and controlling the activities of the organization so that the goals can be achieved. According to a widely referenced study by Henry Mintzberg, managers serve three primary roles: interpersonal, informational, and decision-making. Management is process of administrating and coordinating resources effectively and efficiently in an effort to achieve the goals of the organization.

Divulging economist Adam Smith’s theory of wealth creation in William Nickels, James McHugh, and Susan McHugh’s book Understanding Business (2005), they summarize that despite a nucleus of self-interesting goals, business concludes by benefitting both self and extended community. Noting criticality in monetary reward for dedication and labor, Adam Smith believes an economy can prosper. Furthermore, in order for democratic capitalism to remain in balance and provision the greatest output, a culture of moral, ethical, and spiritual values are paramount. Sans these basic values, capitalism will fail. Exemplifying such failure is the 2006 verdict of Enron founder Kenneth Lay and Chief Executive Jeffrey Skilling. Convicted of conspiracy and security and wire fraud, these two men were sentenced to 165 and 185 years in prison respectively. This scandal not only tore their families apart, but affected the lives of 5,600 workers and their retirement futures. All of this was based on greed and many decisions to evade accounting laws. Thus, despite a core desire of self-interest – aligning to Adam Smith’s theory – their lack of universal values in decision making resulted in immensely negative consequences. Napster, a web-based file sharing program (used namely for “sampling” music), stands another historical example of the power and fallout of poor business judgment. Allowing users free and unlimited access to