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Consider a local business whose services you frequently use. What are the main
components of this company's business model?
Write a 200- to 300-word response describing the three components of the business
system that comprise the local business you selected. Use Figure 1.2 on p. 11 of
Introduction to Business as a reference.
Discussion Question 1
Post your response to the following: What makes some companies more profitable
than others? What are the similarities and differences between profit and profitability?
Provide real-world examples to support your answer.
How does the agency identify the needs and opportunities for services it may
provide? How does it involve the community in its assessment process?
1)
2)
3)
Which of the following businesses is the best example of when to set up a
limited liability company in order to control financial risk of the stockholder(s)?
Imagine that you are starting your own company. What will be the ethical code of your
company?
Write a 200- to 300-word ethical code of conduct listing the rules and principles that
your company will use in decision-making.
Post your response to the following: Review the Business in Action case studies on
pp. 143, 146, 154, & 159 of the text. Select one case that you find especially
interesting and explain how ethics and decision-making impact the individuals
involved in the scenario.
1)
Which of the following people or groups supply a company with productive
resources and are affected by the way a company does business?
2)
Review the four main functions of management, which are planning, organizing,
leading, and controlling, on pp. 7882 of Introduction to Business.
2)
3)
Post your response to the following: Consider the different types of communication
described on p. 194 of the text. What types of communication would be most effective
in persuading groups in an organization, including trainers, employees, programmers,
and managers? Why?
1)
The main objective of the contingency theory of leadership is to choose a
leadership approach which matches the characteristics of the employees and
2)
Based on the contingency theory of leadership, the leadership approach a
manager should choose is contingent on two factors. Which of the following is one of
these factors?
1)
2)
3)
A company who desires to develop new or improved products would fit best with
what type of team?
4)
Your manager has asked you to draft a proposal for improving the management of
human resources in your company.
Post your response to the following: There are many ways that a company can
motivate its employees. Consider the different types of pay and benefits described on
pp. 420-423 of the text. What type of incentive do you think is most effective for
creating a motivating work environment? Why?
)
Which component of the HRM system provides employees with the knowledge
and skills necessary to perform their job?
2)
Which component of the HRM system provides employees with information
about their performance relative to job expectations?
1)
Which of the following costs is associated with a firms operations and materials
management function?
2)
According to Jones (2007), the semi finished goods and services that go
through a companys production process are called
Review the CheckPoints and assignments you completed throughout the course.
Create a 10- to 15-slide Microsoft PowerPoint presentation of information about
the fictional company you created in Week Four. You may use text, charts, tables,
and visuals to detail the different areas of business found within your company.
Marketing, operations, sales distribution and customer service support are included in
what functions of a business?
A detailed SWOT analysis would classify competition in the industry or market as a