Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 1.8, Problem 2CC
Why is the increasing demand for energy worldwide a cause for concern?
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Chapter 1 Solutions
Introduction to Business
Ch. 1.1 - Explain the concepts of revenue, costs, and...Ch. 1.1 - What are the five factors of production?Ch. 1.1 - What is role of an entrepreneur is society?Ch. 1.2 - Define the components of the internal and the...Ch. 1.2 - What factors within the economic environment...Ch. 1.2 - Why do demographic shifts and technological...Ch. 1.3 - What is economics, and how can you benefit from...Ch. 1.3 - Compare and contrast the world's major economic...Ch. 1.3 - What is the difference macroeconomics and...Ch. 1.4 - What is a business cycle? How do businesses adapt...
Ch. 1.4 - Why is full employment usually defined as a target...Ch. 1.4 - What is the difference between demand-pull and...Ch. 1.5 - What are the two kinds of monetary policy?Ch. 1.5 - What fiscal policy tools can the government use to...Ch. 1.5 - What problems can a large national debt present?Ch. 1.6 - What is the relationship between prices and...Ch. 1.6 - How is market equilibrium achieved? Describe the...Ch. 1.6 - Draw a graph that shows an equilibrium points for...Ch. 1.7 - What is meant by market structure?Ch. 1.7 - Compare and contrast perfect completion and pure...Ch. 1.7 - How does an oligopoly differ from monopolistic...Ch. 1.8 - What steps can companies take to benefit from the...Ch. 1.8 - Why is the increasing demand for energy worldwide...Ch. 1.8 - Describe several strategies that companies can use...Ch. 1 - Ethics Activity Historically, diesel cars have not...Ch. 1 - What are some advantages of Walmart purchasing...Ch. 1 - What impact is Walmart's acquisition of...Ch. 1 - How will the aggressive e-commerce plan...
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- List the environmental factors that operate in the domestic market and also exist internationally?arrow_forwardUsing examples, evaluate the difficulty of providing potable (drinking) water in countries atdifferent levels of economic development.arrow_forwardIllegal gold mining activities contribute tremendously to the local economy of the communities within which the practice is conducted. Despite such developments, its activities come with several environmental, economic, developmental and societal and educational challenges that governments, environmentalists, and educationalists have fought several decades to overcome. Discuss how the five(5) management functions can help the management of illegal mining in Ghana.arrow_forward
- THE IMPLICATIONS OF GLOBALIZATION, FOR COUNTRIES,REGIONS AND CUSTOMERSarrow_forwardHow the World Trade Organization has succeeded and what challenges does it still have?arrow_forwardCurrent demographic, economic, social, and technological trends – if not counterbalanced by strong new government policies – pose major challenges to the long-term sustainability of the global energy system. If governments do not implement policies beyond those already planned between now and 2030, it is projected that:• Energy consumption will increase by over half (53%);• The energy mix will remain fairly stable and dominated by fossil fuels (80% share);• Energy-related CO2 emissions will increase by over half (55%); and• Large populations of the world's poor will continue to lack access to electricity (about 1.5 billion) and modern cooking and heating services (about 2.5 billion)” … based on the information write on five 5 policy toolbox for promoting energy sustainable development than can be implemented by the governmentarrow_forward
- State the major environmental issues that the world is facing?arrow_forwardSustainable development is non-polluting economic growth that raises standards of living without depleting the net resources of the earth. a.Evaluate the role of business in promoting sustainable developments.arrow_forwardCite one specific problem associated with globalization that is greatly affecting you right now and then reflect on how you should or could cope with it using any of the ethical principles.arrow_forward
- In recent years, globalization has been a hotly debated topic, with proponents arguing that it has led to increased economic growth and opportunities, while opponents claim that it has widened inequality and caused environmental degradation. With this in mind, consider the following questions: 1.How has globalization affected the economy of a particular country or region, and what have been the social and environmental implications of this process?2.What are the main drivers of globalization, and how have they evolved over time?arrow_forwardhow does reverse innovation helps in developing advanced Technological infrastructure, which would facilitate sustainable environment for the societyarrow_forwardWhich sectors (e.g., government, business, civil society) would need to be involved in a successful campaign to promote clean cookstoves in the developing world, and what would be the contributions of each?arrow_forward
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