Bus 201 Study guides, Class notes & Summaries

BUS 201 Exam Questions And Answers With Complete Solutions

Bus 201 Final Exam Questions with complete solutions

Bus 201 questions with complete solution 2024 What is the proper purpose of business from a reformed Christian perspective? - correct answer Business exists to provide things a community needs to flourish and a platform where people can express aspects of their God-given abilities in meaningful and creative ways. What are the appropriate limits of business practices? - correct answer Sustainability. Integrity, justice and respect require that investors receive what they have contracte...

BUS 201- Exam #1 Questions With Complete Solutions

BUS 201- Final Exam Questions & answers 100% correct 2024T/F: Crimes are prosecuted by the government. - correct answer True T/F: The ethical responsibility of business if formed only by expectations employees have of employers. - correct answer False T/F: A court must have different types of jurisdiction to decide any particular case. - correct answer True T/F: In rem jurisdiction references jurisdiction over a person subject to an order of guardianship. - correct answer False T...

Sustainability correct answer: meeting the needs of the present without compromising the ability of future generations to meet their own needs Triple Bottom Line correct answer: considering business from economic, environmental and social perspectives and measures business performances enlightened self interest correct answer: the realization that by helping others we are really helping ourselves in the end private market transaction correct answer: a loan that only involves the two...

T/F: Crimes are prosecuted by the government. correct answer: True T/F: The ethical responsibility of business if formed only by expectations employees have of employers. correct answer: False T/F: A court must have different types of jurisdiction to decide any particular case. correct answer: True T/F: In rem jurisdiction references jurisdiction over a person subject to an order of guardianship. correct answer: False T/F: In some cases, the U.S. Supreme Court functions as a...

Economic System correct answer: The way in which a nation allocates its resources among its citizens. Factors of Production correct answer: Resources used to produce goods and services. 4 factors: labour, capital, entrepreneurs and natural resources Command Economy correct answer: An economic system in which government controls all or most factors of production (eg. socialism) Market Economy correct answer: An economic system in which individuals control all or most factors of prod...

BUS 201 Midterm Exam| 120 Questions| With Complete Solutions

BUS 201 Exam 2 Questions With Complete Solutions