Ask Management Theories Expert

DQ1: Ethical Considerations

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? Explain your answer.

DQ2: A Small Business and Social Media

You are the owner of a small business that provides repair services to various brands of vacuum cleaner units. Your store is independent in that you aren't affiliated with a particular brand of vacuum cleaner. Based on your education and your newly earned undergraduate degree from DeVry University (but, of course), you're considering expanding your marketing efforts by using social media. You wish to grow your business and feel that this is one area that might assist with your expansion ideas. Based on this information, discuss the use of social media in such a fashion. Use the following questions to further the discussion. Of course, add other questions as you see fit. Remember, if you provide information from other sources, be sure to cite your sources using APA style as your style guide.

Midterm Study Guide:

•  Define importing and exporting.

•  Explain free trade.

•  Explain the difference between absolute advantage and comparative advantage.

•  Explain business, goods, services, and revenue.

•  Define and explain entrepreneurship.

•  Explain economics and resource development.

•  Summarize Adam Smiths theory.

•  Define and explain the various forms of business organization to include partnerships, franchising, and corporations.

•  Define and explain international and global marketing.

•  Explain the major concepts related to a small business startup to include business plans, venture capitalists, the SBA, the SBIC, and SCORE

•  Know the elements of a business plan.

•  Explain acquisition, LBO, and LLP.

•  Explain corporate policy and corporate responsibility.

•  Describe corporate social initiatives.

•  Define ethics.

•  Define CSR.

•  Describe insider trading.

•  Explain various interested stakeholders.

•  List and explain the steps to be considered when determining the ethics of an action.

•  Explain the differences between compliance- and integrity-based ethics codes.

•  Define balance of payments and balance of trade.

•  Describe common market, countertrading, and devaluation.

•  Identify and explain WTO, SWFs, NAFTA, and FDI.

•  Describe an embargo.

•  Describe and explain trade surplus, deficit, tariffs, a strategic alliance, and a multinational corporation.

•  Explain the steps to establish a new business.

•  Describe an intrapreneur.

•  Explain microloans and the management team.

•  Describe and explain GDP, communism, depression, recession, and capitalism.

•  Explain some of the reasons for the success and failure of small businesses.

•  Describe the forms of business ownership, know how they are used and the advantages and disadvantages of each one.

•  Describe a franchise, and know its advantages and disadvantages.

•  Define a business merger.

•  Describe the purpose of a limited liability company.

•  Describe what advantages a small business may have when entering a foreign countrys market.

•  Describe what the difference is between privately and publicly owned businesses.

•  Describe the reasons why some people become entrepreneurs.

•  Explain the steps that should be taken in the buying of a franchise.

•  Describe and explain SCORE.

•  Describe the aspects of a limited liability company.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M91914052
  • Price:- $50

Priced at Now at $50, Verified Solution

Have any Question?


Related Questions in Management Theories

Assignment -for this assignment analyze and discuss your

Assignment - For this assignment, analyze and discuss your personal leadership style. Based on your experiences, current readings, work experience, education, and use of self-assessment instruments describe what you thin ...

Assignment -personal reflection 1 -instructions - watch

Assignment - Personal Reflection 1 - Instructions - Watch Milgram's obedience video: Milgram Experiment Proves We Blindly Obey Authority. Consider the following. Christ called his disciples to follow him (Mark 1:17). He ...

Assignment -instructions - please follow instructions for

Assignment - Instructions - Please follow instructions for all for Personal Learning Journal. And each personal learning journal should be of 300words. Each student will keep a personal journal to reflect and record thei ...

Healthcare information technology overview the current

Healthcare Information Technology Overview: The current healthcare industry utilizes a plethora of healthcare information technology (HIT) systems. HIT systems are designed to enhance quality outcomes, prevent adverse ev ...

Archetypes in actionsenge ross smith roberts amp kleiner

Archetypes in Action Senge, Ross, Smith, Roberts, & Kleiner (1994) noted: At its broadest level, systems thinking encompasses a large and fairly amorphous body of methods, tools, and principles, all oriented to looking a ...

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? HBR. May-June 1999 You are also required to read a fictional case study based on a company that will be ...

Discussion - this discussion deals with the important topic

Discussion - This Discussion deals with the important topic of whether money is a motivator for increased job performance and satisfaction. Look at your own history of how you have been compensated, what problems you saw ...

Question - choose a product or technology interview five

Question - Choose a product or technology. Interview five consumers who buy that product and ask them what major problems they have with the product (or what major things they dislike about it). Then ask them to describe ...

Questions -1 choose an industry and then use the library or

Questions - 1. "Choose an industry and then use the library or the Internet to find data from secondary sources that will be highly useful in developing a marketing plan." Start thinking of the industry that relates to t ...

Developing leaders and organisations assessment - report on

Developing, Leaders and Organisations Assessment - Report on Promoting Individual Informal Workplace Learning Brief - You are the newly-appointed Human Resource Advisor in a medium-sized business that employs approximate ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As