BUSN 115 Midterm - 76692

Request Posted by
Earned: $201.85
Request Detail
Price: $25
  • From: Business, Business
  • Due on: Tue 24 Mar, 2015 (12:15am)
  • Asked on: Fri 20 Mar, 2015
  • Due date has passed, but you can still Post Solution.

Question 1.1. (TCO 1) The amount of money a business takes in during a given time period by selling goods and/or selling services. (Points : 5)



Question 2.2. (TCO 1) That part of economics that studies the operations of a nation’s economy as a whole. (Points : 5)


Question 3.3. (TCO 1) That part of economics that studies the behavior of people and organizations in particular markets. (Points : 5)



Question 4.4. (TCO 2) An unethical activity in which insiders use private company information to further their own fortunes or those of their family and friends. (Points : 5)



Question 5.5. (TCO 3) A complete ban on the import or export of a certain product; or the stopping of all trade with a country. (Points : 5)

Question 6.6. (TCO 3) An unfavorable balance of trade occurs when the value of a country’s imports exceeds that of its exports. (Points : 5)



Question 7.7. (TCO 4) Investors who provide money to finance new businesses or turnarounds in exchange for a portion of ownership, with the objective of reselling the business at a proft.(Points : 5)



(TCO 1) Describe and explain capitalism and how it functions in a free market economy. (Points : 30)



(TCO 2) Describe and explain corporate responsibility using an ethical perspective. Your stakeholder group for your answer is parents of high school students. Your company designs, produces, and sells video game apps for the mobile market. A concern has been raised in the community where your company is located about the violence portrayed in your mobile video game apps. What do you say to the parents? Why? (Points : 30)



(TCO 3) Describe and explain the fundamentals of the international market. Why do nations trade and how trade measured. (Points : 30)



(TCO 4) Outline the three ways an entreprenuer can start the business discussing the advantages and disadvantages of the three. (Points : 25)

4 Solution for BUSN 115 Midterm
Please Login or Register to Submit the Solution for the Request