Milton friedman Studienführer, Klassennotizen & Zusammenfassungen

Social Benefit - ️️The total benefit to society from producing or consuming a good or service. Social benefit includes all the private benefits plus any external benefits of production / consumption. If a good has significant external benefits, then the social benefit will be greater than the private benefit. Contract Theory - ️️The belief that business is a community of participants organized around a common purpose. These participants have legitimate interests in how the business is...

Business Ethics, 8e Jennings UNIT THREE – BUSINESS, STAKEHOLDERS, SOCIAL RESPONSIBILITY, AND SUSTAINABILITY True/False Questions T 1. T 2. F 3. F 4. T 5. T 6. T 7. F 8. T 9. F 10. T 11. F 12. F 13. T 14. F 15. F 16. T 17. T 18. F 19. T 20. F 21. T 22. R. Edward Freeman is a proponent of the stakeholder theory of the corporation. Stakeholders include employees and customers. Suppliers are not stakeholders in the corporation. Robert Halfon is a proponent of stakeholder theory of th...

What is a normative argument? - It is about what ought to be done according to a someone's value position. Stakeholders interests are... - Joint Who are typically considered primary stakeholders? - Employees, customers, suppliers, communities, and shareholders. Who originally developed stakeholder theory? - Ed Freeman According to stakeholder theory, how can trade-offs be resolved? - By leveraging imagination/creativity. What is an instrumental view on stakeholder theory? - Belie...

Global Strategy & Leadership Notes Module 1 Carl von Clausewitz: Tactic is the art of using troops in battle; strategy is the art of using battles to win wars (military theorist) Adam Smith (>200 years): invisible hand – self-interest behaviour self-regulated the marketplace Alfred Chandler (1962): visible hand – how capitalist function, administrative structure and managerial coordination Michael Porter (1980): 1. Firms profitability was determined by characteristics of its ind...

IB GLOBAL POLITICS DEVELOPMENT 2024 Exam Questions All Correctly Answered Development - Answer -Development is a sustained increase in the standard of living and well-being of a level of social organization. Many consider it to involve increased income; better access to basic goods and services; improvements in education, healthcare, and public health; well-functioning institutions; decreased inequality; reduced poverty and unemployment; and more sustainable production and consumption pattern...

Development - correct answer Development is a sustained increase in the standard of living and well-being of a level of social organization. Many consider it to involve increased income; better access to basic goods and services; improvements in education, healthcare, and public health; well-functioning institutions; decreased inequality; reduced poverty and unemployment; and more sustainable production and consumption patterns. The focus on development debates in contemporary global politics is...

ECON 200 Final Exam Questions And Answers (Updated And Verified) Marginal - answerIf an individual pays an additional $0.30 in taxes as a result of a $1.00 increase in income, that individual has a(n)_____________ tax percent of 30 percent. rise; downward-sloping - answerSuppose that in a certain nation the flat income tax rate of 40 percent is reduced to 35 percent and as a result taxable income rises from $400 billion to $600 billion. Tax revenues _____________, indicating the nation is ...

Saylor Academy BUS101 Exam Questios with 100% correct Answers Social Benefit - answerThe total benefit to society from producing or consuming a good or service. Social benefit includes all the private benefits plus any external benefits of production / consumption. If a good has significant external benefits, then the social benefit will be greater than the private benefit. Contract Theory - answerThe belief that business is a community of participants organized around a common purpose. T...

SUMMARY OF TACTICAL PURCHASING PROCESS AND E-PROCUREMENT MURRAY Geef de definitie van moraal ANSWERHet geheel van gedeelde morele oordelen van een groep. Het is het geheel van morele regels waaran wij onszelf en anderen in redelijkheid gehouden achten. Geef de definitie van een waarde ANSWEREen morele waarde is een ideaal, en principe m.b.t. goed samenleven dat we proberen te realiseren d.m.v. ons gedrag Geef de definitie van een norm ANSWEREen morele norm is een zelf opgelege re...

ECON 200 Final Exam Questions And Answers (Updated And Verified) Marginal - answerIf an individual pays an additional $0.30 in taxes as a result of a $1.00 increase in income, that individual has a(n)_____________ tax percent of 30 percent. rise; downward-sloping - answerSuppose that in a certain nation the flat income tax rate of 40 percent is reduced to 35 percent and as a result taxable income rises from $400 billion to $600 billion. Tax revenues _____________, indicating the nation is ...