Explain the business argument for “doing well by doing good.” Share why you do or do not think this is an easy policy to adopt.
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Explain the business argument for “doing well by doing good.” Share why you do or do not think this is an easy policy to adopt.
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- 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”?Students are home and doing online classes, many parents are out of work and can hardly feed their families, there is great hopelessness in this country, no one knows what will happen next.Discuss how Andrew Carnegie’s theory on CSR can be used to help remedy the issues in the above statement as there seems to be no end to this horrible pandemicSetting up a microenterprise is desirable and the wish of many”. Identify and briefly explain five reasons why most people would not make any attempt to go ahead and start one.
- 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?Explain how current economic indicators, such as inflation and unemployment, affect you personally. How do you think the Covid 19 Pandemic has affected businesses? How has the Covid 19 Pandemic changed inflation or unemployment factors – explain how. Explain how they may affect you as a manager with employees and a business to operate.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…
- 1)Due to overcapacity in fishing in many countries, the fishing industry is characterized as "tragedy of the commons". Do you think this description is accurate in your view? Using theory, examine if the equilibrium outcome is economically efficient. Discussany good management policies to address the problem.) Explain what will happen in a nation that tries to solve a structural unemployment problem using expansionary monetary and fiscal policy. Draw one AD/ AS diagram, based on the Keynesian model, for what the nation hopes will happen. Then draw a second AD/ AS diagram, based on the neoclassical model, for what is more likely to happen (if drawing your answer is a challenge, please describe your answers in words and/or numbers). 2) Explain why the government might prefer to provide incentives to private firms to do investment or research and development, rather than simply doing the spending itself?What about a quick rundown of the problems affecting the business climate and the difficulties that American companies will have in the future?
- With your team, choose three established business theories that apply to the current event and market reactions. Recommend alternative courses of action that are consistent with established business theories and concludeDo you think the Peter Principle is right? Why or why not?If you are an entrepreneur during this pandemic, how can you balance customer care with commercial priorities?
