Our economic and social existence is shaped by government regulations. Think of a specific example where government regulation helped shape the operations of a business. Was government regulation needed in your opinion? Explain your answer.
One important regulation which governments of major counties brought to the industries is elimination of cartel formation, maintaining competetive market.
Yes it is really helpful in maintain the demand and supply under control and also bring the price stability which inturn help in maintaining inflation under control. Government regulations were really needed in these cases, other wise industries utilize these loop holes to make more money out of it.
Our economic and social existence is shaped by government regulations. Think of a specific example where...
Briefly explain how business and government represent a clash of ethical systems (belief systems). With which do you find yourself identifying most? Explain. With which would most business students identify? Explain. What is regulation? Why does government see a need to regulate? Differentiate between economic and social regulation. What social regulations do you think are most important, and why? What social regulations ought to be eliminated? Explain.
1. Legislation and regulations from all levels of government will affect various aspects of business operations and the risk management aspect of business. The impact of legislation and regulations will depend on business operations/ type of business, the number of staff employed, industry sector and the structure of the business. Explain in 200–250 words: *why it is necessary to have a working knowledge of the legislation involved in business *what legislation or regulations apply to the industry area in which...
In two or three sentences, please give a specific example where the following economic concepts have been important in improving our understanding of American economic history. Capital Chasing Labour
1. Describe the phases and key characteristics of business cycles. Then explain where you think we are in the business cycle right now and why. 2. Explain how we measure economic growth and discuss three specific things that government could do to improve economic growth in the long run
Find 1 recent example from the news in Canada where the Economic environment affected a business. Explain specifically and in detail how business(es) have been impacted by these external factors. Refer to concepts presented in class to support your answer.
1)Analyze specific influences of social, technological, economic, political, ecological, and international factors on your case business. Then forecast whether or not these influences will become stronger or weaker in the next five years. 2)Choose the industry where your case (chipotle) company operates, then apply Porter's Five Force Model evaluating industry environment, competition, and profitability of this industry, and identify industry position of your case company in this industry.
myCoyote QUESTION 7 Sarbanes-Oxley is an example of A an ethical issue OB. our social responsibility a government regulation D. customer focus QUESTION 8 An order from a customer is a(n) OA Input for a business process. B. Feedback C.Resource D.Output QUESTION 9 is the result of optimizing the design, development, and production processes. B, Productivity C. Cost reduction D. Quality Click Save and Submit to save and submit. Click Save All Answers to save all answers csusb.blackboard.com Tal myCoyote...
discussion 1: Economic Principles This Discussion deals with the 12 Principles of Economics. The specific discussion areas include the economic principles that guide how people make economic decisions (choices), how people interact in markets, and how the economy as a whole works. Read Chapter 1 to identify particular economic principles that guide the various economic decision making processes. Remember to include your references or links to the websites that are important contributors to your comments. Economic agents are those individuals,...
LinkThere are two major types of economic systems which try to best satisfy the scarcity problem. All economic systems suffer the combined existence of scarce resources and unlimited wants. One system is the command system which organizes the economy under state control. The government owns property and depends on central planning for resource allocation. Its biggest proponent was Karl Marx. It suffered two profound problems which are the coordination and the incentive problem Capitalism, conversely relies on economic freedom markets...
In recent years, social media have become pervasive throughout society. No one can deny that social media have completely changed the context of privacy, shaping and reshaping relationships, exaggerating ideals of sharing, and reconstructing daily routines in order to visit one’s online friends at least once a day. Thanks to social media, people can now share every detail about the most mundane things in life. Updating where you are at any given moment alerts your friends to what you are...