Adam smith Guides d'étude, Notes de cours & Résumés

Chapter 01 – An Introduction to Business Ethics Multiple Choice 1. Principles are a. laws and regulations that guide behavior in the world of business. b. mores, values, and customs that guide behavior in general. c. specific and pervasive boundaries for behavior that are universal and absolute. d. the obligations businesses have to maximize their positive impact and minimize their negative impact. e. the mores, values, and customs that parents teach their children. ANSWER: c 2. Corpor...

BSNS 111 - Exam Prep Questions And Correct Answers. Over 280 Questions And Correct Answers. With Complete Verified Solution Updated 2024. Bullseye (Sustainability Model) 1. Economy 2. Society 3. Environment Friedman Doctrine Maximise profits, but do so within the rules of the game. Rules of the game Refers to rules which are unwritten, e.g. ethics and attitude, and those laws by govt. Invisible Hand Adam Smith - everyone acting in their own self interest will positively effect societ...

This summary covers the contents of the course Political Economy, it entails the most relevant elements of the lectures and the book.

Why business exist? - correct answer - Serve the needs of society -Use resources productively to create value for customers, employees, and shareholders - Create jobs and be good citizens Scientific Management Theory - correct answer Increase efficiency through labor productivity -Adam Smith -Frederick Taylor -The Gilbreaths Adam Smith - correct answer Scientific Management Theory Job specialization and division of labor creation of management Frederick Taylor - correct ans...

Thoreau notes that most of his townsmen have learned to read not only to keep accounts and not be cheated in trade but also as a noble intellectual exercise - Answer False Brad has no personal connection to which (singstreet, sandlot, yo gabba gabba) - Answer Sing street Plato felt that the fundamental key in the development of an economy was - Answer More things are produced and better and more easily when one man performs one task according to nature at the right moment and at leisure fr...

CRI352 White Collar Crime Mid-term Exam Questions with Correct Answers The individual credited with having first coined the term "white collar crime" is: a. Karl Marx b. E. A. Ross c. E. H. Sutherland d. Adam Smith - ANSWER E.H. Sutherland Businessmen who committed exploitative acts were labeled _____ by E. A. Ross in Sin and Society. a. criminaloids b. robber barons c. muckrakers d. white collar criminals - ANSWER Criminaloids The book White Collar ...

1.From the national point of view which of the following indicates Micro Approach? (A) Per capita income in India (B) Study of sales of TISCO (C) Inflation of India (D) Educated Unemployment in India correct answers (B) (SSC CGL Tier-I 2015) Exp: From economics point of view there are two approaches to study economics. (i) Micro Approach, (ii) Macro Approach Micro approach is study at the single point or individual level like study of human behaviour in relation to price change and its effect on...

What is business? - Answer-organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. Doesn't exist without people. Human (4 kinds of resources) - Answer-people and labor Material (4 kinds of resources) - Answer-raw materials and buildings and machinery Information (4 kinds of resources) - Answer-effectiveness of Human, Material and Financial resources when combined and used. Financial (4 kinds of resources) - Answer-operating ...

How did the division of labor make factories more productive? - correct answer It allowed workers to split up the work and produce more at a time than all working together. What basic principle of mercantilism was disproved by Adam Smith in his book, The Wealth of Nations? - correct answer Galileo's approach to stimulate scientific thought and discovery influenced scientists of the industrial world just as it continues to influence modern science. Which phrase best describe Galileo...

ECN201 FINAL EXAM URI QUESTIONS & ANSWERS 2023/2024 Traditional - ANSWER-By tradition, customs Command - ANSWER-Government Economy Market - ANSWER-People pursuing individual decisions Mixed - ANSWER-Combination of command and market economies Adam Smith - ANSWER-Supported the market system/capitalism Prices - ANSWER-_____ are to the economy what red cells are to the human body Property Rights - ANSWER-The ability of owners to use their property, or to sell it Conservati...