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business
business communication process

Questions and Answers of Business Communication Process

1. What are three essential functions of a business plan?
3. On the SBA website, read the article “Steps to Finding a Mentor” in the “Finding a Mentor or Counselor” section.With these insights in hand, think about your personal, professional, and
2. Visit www.sba.gov, click on “Starting & Managing a Business” and then “Use Our Starting Up Assessment Tool”(look under “Thinking About Starting”). Answer this brief survey and then
3. How might these articles affect someone who is thinking about starting a small business?
3. In 2011, Sirius XM’s stock was added to the NASDAQ 100 stock market index (NASDAQ’s index of its 100 largest nonfinancial companies). One intriguing outcome is that it forces mutual fund
2. The poison pill defense that Sirius XM put in place after the merger expired in 2011, made it at least theoretically possible for another company to buy enough shares to complete a takeover. With
1. Other than for purely fi nancial reasons (interest on the loan and potential gains from its investment), why might Liberty Media have wanted to help Sirius XM?
13. Visit Liberty Media’s website, www.libertymedia.com , and find the company’s corporate governance guidelines.Assume that you’re going to start a company that you plan to incorporate.
12. Do you own or have you ever considered owning stock? If so, what steps have you taken to ensure that company management has shareholders’ interests in mind?
9. Why might two companies choose to form a strategic alliance rather than pursue a merger or an acquisition?
6. Why is it advisable for partners to enter into a formal partnership agreement?
5. What is the role of a company’s board of directors?
3. What is the difference between a general partnership and a limited partnership?
2. How does unlimited liability put a business owner at risk?
1. What are the three basic forms of business ownership?
3. Follow your story in the business news over the next month (or longer, as your instructor requests). What problems, opportunities, or other results are reported?Were these developments anticipated
3. Is it ethical for NGOs to put pressure on just one company in an industry when they are trying to effect change across the entire industry, given that responding to that pressure is likely to cost
1. This chapter covers three factors that influence ethical decisions:cultural differences, knowledge, and organizational behavior. How have these factors shaped Nike’s CSR actions over the past
13. Concept Integration. Chapter 2 identified knowledge workers as a key economic resource of the 21st century. If an employee leaves a company to work for a competitor, what types of knowledge would
11. What steps could a bookstore take to engage in strategic CSR?
5. What is identity theft, and what responsibilities do businesses have to prevent it?
3. How do companies support ethical behavior?
2. What is a conflict of interest?
3. If you were a U.S. exporter selling to Japan, how would a stronger dollar be likely to affect demand for your products?How would a weaker dollar be likely to affect demand?
1. On the basis of this description, what education and skills(personal and professional) would you need to succeed as an international trade specialist?
3. If you were a U.S. exporter selling to Japan, how would a stronger dollar be likely to affect demand for your products?How would a weaker dollar be likely to affect demand?
12. How has your current employer or any previous employer been affected by globalization? For instance, does your company compete with lower-cost imports? (If you don’t have any work experience,
10. Ethical Considerations. Is it unethical for a U.S. company to choose export markets specifically for their less-stringent consumer protection standards? Why or why not?
5. What is a floating exchange rate?
4. What is protectionism?
1. How can a company use a licensing agreement to enter world markets?
3. Do global media such as MTV have the potential to improve international relations? Do they have the potential to harm international relations? Explain your answers.
2. What ethical responsibilities does MTV have relative to its expansion into Africa? Why?
1. Why would MTV use the MTV brand name for its launch in Africa rather than coming up with a new name more closely identified with the target market, such as African Music Television?
3. What training and qualifications are required for a career as an economist? Are the qualifications different for jobs in the private sector than for those in the government?
14. Concept Integration. What effect might the technological environment, discussed on page 10 in Chapter 1, have on the equilibrium point in a given market?
12. How would a decrease in Social Security benefits to retired persons affect the economy?
11. How might government and education leaders work with businesses to minimize structural unemployment?
9. Are the fluctuations in the business cycle predictable?
7. Why do governments intervene in free-market systems?
6. Why is competition an important element of the free-market system?
5. Why might a government agency seek to block a merger or an acquisition?
2. How does macroeconomics differ from microeconomics?
3. Does it make sense for Suntech to acquire ailing competitors during a deep recession? Why or why not?
2. If a particular government believes that solar is a more desirable energy source than nonrenewables such as coal and gas, why wouldn’t it simply grant solar energy utilities monopoly rights?
1. What effect are feed-in tariffs likely to have on electricity users who don’t adopt solar power? Is this outcome fair?Why or why not?
10. Ethical Considerations. Is managing a business in ways that reflect society’s core values always ethical? Explain your answer.
7. Does a downturn in the economy hurt all companies equally?Provide several examples to support your answer.
6. Why is it often easier to start a service business than a goodsproducing business?
5. What is professionalism?
4. How does the role of a financial manager differ from the role of an accountant?
3. Do all companies have an R&D function? Explain your answer.
2. What are four ways that business can benefit society?
1. What is a business model?
3. If the band had begun its professional existence 10 years earlier, how might its business strategy be different from the path it took?
2. Search online for “Enter the Haggis” and identify how many ways you can listen to the band’s music for free. Why is it in the group’s long-term interest to make its music available for
1. Assume that ETH really were in it for the money and not the music. Would it still make sense to stick with an indie label, or should the band pursue a major label contract and all the potential
Explain how debt securitization increased the funds available for home lending but also helped infl ate the housing bubble
Explain the meaning of an economic bubble and describe the innovations and evolutions in mortgage lending that expanded homeownership but ultimately triggered the subprime meltdown
Identify the most common types of commercial banking institutions and distinguish commercial banking from investment banking
Describe the money supply and explain the functions of the Federal Reserve System
Describe the key events that triggered the meltdown of 2008 and sent the economy into a global recession
Distinguish between common stock and preferred stock and explain the difference between market value and intrinsic value
Define strategic marketing planning and identify the four basic options for pursuing new marketing opportunities
Identify the four steps in crafting a marketing strategy
legislation enacted in the 20th century
Identify the three most important pieces of labor relations
perspectives of employees and employers on the issue of unionization
Explain the role of labor unions and contrast the
Describe the three phases involved in managing the employment life cycle
Discuss the challenges and advantages of a diverse workforce and identify five major dimensions of workforce diversity
Identify four contemporary staffing challenges and explain the process of planning for a company’s staffing needs
Defi ne reinforcement theory and differentiate between positive and negative reinforcement
Review the five stages of team development and explain why conflict can arise in team settings
Define quality, explain the challenge of quality and product complexity, and identify four major tools and strategies for ensuring product quality
identify the major benefits and challenges of taking this approach
Explain the concept of an unstructured organization and
Review the five stages of team development and explain why conflict can arise in team settings
Describe the organizing function and differentiate among top, middle, and first-line management
List the most common reasons people start their own companies and identify the common traits of successful entrepreneurs
Discuss the principal sources of small-business private financing
Defi ne strategic alliance and joint venture and explain why a company would choose these options over a merger or an acquisition
before entering international markets
Discuss the strategic choices that must be considered
List three steps you can take to help make the leap from consumer to business professional
Explain the concept of adding value in a business and identify the major types of businesses
Sketch the relationship between alcohol abuse and crime and delinquency.
Discuss the sharp increase in the use of synthetic narcotics.
Focus on the effects and extent of marijuana use, because this is the most popular illicit drug today.
Note the illegal drugs most commonly used in the United States.
Explain the tripartite conceptual model and experimental substance use.
Examine closely the extent of juvenile substance and alcohol use.
Define and explain drug tolerance and dependence.
Caution about and emphasize the many individual differences in reactions to illegal drugs and alcohol.
Summarize the effects of the psychoactive drugs that have been most connected to crime and delinquency.
Examine the psychological motives attached to serial arsons.
Carefully summarize the literature on arson, with particular emphasis on juvenile firesetting.
Outline hostage-taking offenses and their characteristics.
Examine the literature on stalking.
Define and distinguish cybercrime, cyberstalking, and cyberbullying.

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