Introduction to Business

Wednesday November 1 3, 2013 Homework Chapter 1 1 professor Mr. B Introduction to production line Rudy V. Garcia Chapter 1 Who result be the divers(a) stakeholders of your craft? Pedestrians All High School, Middle School and Elementary Schools students nigh my neighborhood Churches Attendants Charter Schools attendants All local commerce of my area of death penalty What are some of the things you can do to benefit your community a nonher(prenominal) than providing Jobs and tax revenue? Provide affordable prices Use local stick outrs Do not use products that contain G. M. O (Genetically Modify Organisms) OfferScholarship programs for high scholars with confused income How will you establish good relationships with your suppliers? With your employees The best I can purport is a relationship based in honesty and integrity. Also I will take the time to the needs of my employees and work to meet those needs. Do you see any conflict between your desire to be as profitable as p ossible and your desire to pay employees a vitality wage? I believe that we reap what we saw. If I am truly involve with the well-being of my employees they will not only work tor what I pay them tor they will engage hemselves in the company and be more(prenominal) than profitable.Which of the environmental factors outlined in this chapter might crap the biggest impact in your business? How? Competing by restructuring and empowerment will be the to the highest degree punishing area I will have to deal with more than anything. I believe building a team that moves according to the needs of the business is a hard but possible goal the process to operate together slew to work towards one specific task requires time, property and patience. Chapter 2 U. S. Supreme court ruled that cities could have school verifier programs that give oney directly to parents, who could then choose between competing schools, usual or secret.The idea was to create contestation among schools. Li ke business, schools were expected to improve their run to win students from competitors. The result would be improvement in all schools, private and public, to benefit many students. Do you believe economics principles like competition apply in the both private and public organizations? Be inclined(p) to defend your answer. Yes, I do. Competition capables the door for creativity. I believe that when people immerge themselves into a ompetitive environment they tend to get more creative and also work hard to achieve a goal.Are there other public functions that might benefit from more competition, including competition from private firms? The Law dodge Transportation Education System Many people say that business people do not do enough for society. Some students choose to go into the public sector instead of business because they want to serving others. However, business people say that they do more to help others than nonprofit groups do because they provide Jobs for people rather than giving them charity. Furthermore, they believe businesses create all the wealthiness that nonprofit groups distribute.How can you find some middle ground in this debate to show that both businesspeople and those who work for nonprofit organizations break to society and need to work together more closely to help people? Both are important and complement each other. Business provide the way of creating wealth and nonprofit make society commemorate to reach out for the less fortunate. Businesses push people to achieve mastery and thru nonprofit we are reminded that the ultimate level of uccess is achieve by a persona only when this persona gives back to his/her community.How could you use the concepts of Adam metalworker to help illustrate your position? Well if we can guide business to be more involve in the community they are pair by business will create more wealth that will impact the lives of the community at the same time. Government will be only to promote and incentive companies to give back to the community that have make them successful. Chapter 3 About 95% of the worlds population lives outside the coupled States, but many U. S. ompanies, especially sensitive businesses still do not engage in worldwide job.Why not? Do you think more small businesses will participate in global trade in the tuture. 7 Why or why not? Global trade demands to spend lot money in resource such as advertisement, licenses, taxes, etc. These expenses make the process hard for small businesses to Join global trade. If the governments around the world approve natural laws that allow small business to acquiesce in the global trade at a low equal I believe there is chance we can see small companies entering in global trade trade.Countries like he fall in States that have a high standard of living are the referred to as industrialized nations. Countries with a lower standard of living and quality of living are called developing countries (or underdevelope d or less developed countries) what factors hold developing nations from becoming industrialized nations? One of the mayor problems is the lack of resources such as technology, leadership, not production orientated, disadvantage in global trading, they not own bigger enough ways of massive production, corrupted law systems and economical systems.What can businesses do to prevent unexpected problems in relations with ociocultural, economic and financial, legal and regulatory, and physical and environmental forces in global market? The best way will be to stay in touch with the needs of their client and ayes open to what the market is requiring to exist. Always being open to enter in new fields and achieve a acquit creativity vision that allows them to transform themselves to the market. How would you Justify the use of revenue or protective tariffs in todays global market? They lack objective and most of them are doing to elite corporations.