Press "Enter" to skip to content

Posts published in “Macroeconomic”

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY Suggested Additional Assignments Research Ask students to bring to class a newspaper, magazine, or internet article that raises ethical issues regarding a US company doing business overseas. They should be prepared to identify the ethical issues and discuss them using the checklist in the chapter. Interview: Businesspeople on Ethics Each student (or group of students) can interview a business person about ethics dilemmas they have faced? How did they handle them? Did they make the right decisions? Do they wish they had made a different choice? What were the impacts of their decisions on their…

Business and Staffing Strategies

Business and Staffing Strategies LEARNING OBJECTIVES After studying this chapter, you should be able to: Explain how different staffing strategies support different business strategies. Describe the resource-based view of the firm and how staffing can contribute to a company’s sustainable competitive advantage. Explain when an organization would use talent-oriented rather than job-oriented staffing. Describe human capital advantage and human process advantage and the differences between them. Describe the strategic staffing decisions any organization must make. TAKEAWAY POINTS If a firm seeks to achieve a competitive advantage, its staffing strategy should support its business strategy. Different strategies require different types of…

Macroeconomic – A tour of the Book

Macroeconomic A Tour of the Book 2.1 Multiple Choice Questions 1) Fill in the blank for the following: GDP is the value of all ________ produced in a given period. A) final and intermediate goods and services produced by the private sector only B) final goods and services C) final and intermediate goods and services, plus raw materials D) all of the above E) none of the above Answer: B 2) When using the income approach to measure GDP, the largest share of GDP generally consists of A) interest income. B) labor income. C) indirect taxes. D) profits. E) capital…