1. Define ethics, and why is it business ethics is very important? 2. Why is entrepreneurship an important component of economic development? 3. Define innovation, and why is it important in entrepreneurship activity especially during pandemic? 4. Why is corruption an unwanted activity in a country like the Philippines? 5. What options would you want to improve your economic lot, be an employee, be a professional, or a small business operator? Why, explain further. 6. What is meant by “the consumer’s right to be safe”?
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- 1) Identify the fallacy in the following passage . A : I do not agree on some principles of capitalism B : Then , you are a communist , aren't you ? Select one : aA ) Ad hominem b B) False Dilemma /Black and white c . ) Slippery slope O d. D ) False analogy E) Appeal to false authority Of ) Hasty generalization g . G ) Post hoc /False cause 2) What is the claim in this passage? Yet, more than a fear of financial security, it is the emotional turmoil young people face today that is causing so much fear of the future. Too quick are we to condemn the actions of the young as though they are foolish, reckless, and immature. True, this might be for some, but the struggles many young adults face are not taken into consideration. Our emotions are sent into overdrive. With university brings new cities, new homes, new friendships, and relationships. It is easy to label this time in life as new, exciting, and one open to limitless possibilities -but this only heightens the pressure to live up to…What is the difference between standard of living and quality of life? What is risk, and how is it related to profit? What do the terms stakeholders, outsourcing, and insourcing mean? What are some of the advantages of working for others? What benefits do you lose by being an entrepreneur, and what do you gain? What are the five factors of production? Which ones seem to be the most important for creating wealth? What are four ways the government can foster entrepreneurship? What is the difference between effectiveness, efficiency, and productivity? What is empowerment? What are some of the major issues affecting the economy today? What major factor caused people to move from farming to manufacturing and from manufacturing to the service sector? What does the future look like for tomorrow’s college graduates? What is the difference between macroeconomics and microeconomics? What is better for an economy than teaching a man to fish? What does Adam Smith’s term invisible hand mean? How…In contrast, social entrepreneurship comes, in principle, to respond to the new demands of society, by combining the passion for a social mission with the procedures of traditional economic activities, such as productivity, discipline, efficiency, innovation and determination to achieve results. Compare and contrast Social Entrepreneurship from Business Entrepreneurship and evaluate the impact of social entrepreneurship in national economic development by giving practical examples.
- What options would you want to improve your economic lot, be an employee, be a professional, or a small business operator? Why, explain further.( What is meant by “the consumer’s right to be safe”? Why is entrepreneurship an important component of economic development? Define innovation, and why is it important in entrepreneurship activity especially during pandemic?1. Why do business plan important in a business? Does it have a contribution to the country and community? How? 2. If given the chance to own a business of your own, what kind of business and why?What are the problems discuss in this article? How does it relate to business? Give some of the main points discuss. Small businesses are referred to as the backbone of the economy for a reason. They employ 46% of American workers and make up nearly half of GDP, and they boomed during the pandemic as new business applications set records. But things have turned the other direction in the last year, first because of soaring inflation and then major regional bank failures—headlined by the second and third-largest collapses ever, at Silicon Valley Bank and Signature Bank. The specter of banking consolidation is rising, and with it an even more challenging economic environment for small business, raising the questions: What becomes of the entrepreneur if their local bank goes away? Is the banking system stable? And is a credit crunch on the horizon? Underscoring the open nature of this debate, expert opinion is splitTreasury Secretary Janet Yellen has said that the banking situation is…
- Explain how companies can respond to the environment? Also discuss that how changes in the economic environment effect management decisions? Suppose that you're going to start a new business, for this analyze your environment with the help of Porter's five force model?Entrepreneurship represents an important career option, it offers opportunities to enjoy independence, develop multiple skills, reap financial benefits, and contribute to economic development. Universities across the globe for their part, have significantly expanded their curricular and co-curricular offerings in entrepreneurship yet, the number of university graduates starting ventures has not demonstrated commensurate growth especially in our part of the world. Ghana’s business environment is a dynamic one. Ghana, like many African countries, has many entrepreneurial support programmes and initiatives. The Government of Ghana, along with private sector organizations, has launched numerous initiatives to promote self-employment, especially targeting the younger population. However, a study by Koltai & Company on the ecosystem for entrepreneurship in Ghana highlights that despite numerous government and private-led initiatives, the system to support starting entrepreneurs remains…Entrepreneurship represents an important career option, it offers opportunities to enjoy independence, develop multiple skills, reap financial benefits, and contribute to economic development. Universities across the globe for their part, have significantly expanded their curricular and co-curricular offerings in entrepreneurship yet, the number of university graduates starting ventures has not demonstrated commensurate growth especially in our part of the world. Ghana’s business environment is a dynamic one. Ghana, like many African countries, has many entrepreneurial support programmes and initiatives. The Government of Ghana, along with private sector organizations, has launched numerous initiatives to promote self-employment, especially targeting the younger population. However, a study by Koltai & Company on the ecosystem for entrepreneurship in Ghana highlights that despite numerous government and private-led initiatives, the system to support starting entrepreneurs remains…
- If the government decides by your choice and gives you an opportunity to invest in Jabal Al Akhdar and develop your capacity as an entrepreneur, what is the working mechanism that can be improved and developed, whether in terms of services, tourism, and any other points can be added ? Student shell Analysis & application aspects of what you learned?The Body Shop The Body Shop may have grown rapidly in its early days, but its founder, the late Anita Roddick publicly dismissed marketing’s role. Roddick ridiculed marketers for putting the interests of shareholders before the needs of society. She had a similarly low opinion of the financial community, which she referred to as ‘Merchant Wankers’. While things were going well, nobody seemed to mind. Maybe Roddick had found a new way of doing business, and if she had the results to prove it, who needed marketers? But how could even such an icon as Anita Roddick manage indefinitely without consulting the fundamental principles of marketing? By embracing ethical issues, she thought she was way ahead of her rivals in understanding the public mood, long before the major retailers piled into Fairtrade and ‘green’ products? The troubles that the Body Shop suffer in this century indicate that a company may publicly dismiss the value of marketing while the going is good. Still, sooner or…Watch his Ted Global talk at http://tinyurl.com/og6bx2e and address the following prompt: How can companies going green help solve social and ecological problems? Or, do they?