BUS 1 QUESTIONS

If you have been on top of all the assigned chapter readings and read through my Lecture Notes shown in the Modules each week (hint: most of the questions are from my notes), and completed the Smart Book Modules, then answering the questions below should be quite easy for you. If not, you may want to take care of those things before you try to answer the questions here.

Directions:

Answer each question fully; no one-word answers. Write in full sentences; otherwise, points will be deducted;write clearly, concisely, and briefly. (Reminder: a paragraph should have about six sentences; write a maximum of four paragraphs if needed).

Number each answer in the order shown below.

Leave a blank line space between each answer.

DO NOT WRITE THE QUESTIONSas TurnItIn will then show a high percentage in the similarity report, andpoints will be deducted.

DO NOT COPY AND PASTE from my lecture notes or any other external sources such as your eBook or the Internetas doing those things will also show large TurnItIn similarity report, andpoints will be deducted.

WRITING ASSIGNMENT #2

American businesses went through various eras of development to reach this modern era. Name the first six eras, and point out at least one significant thing about each of those eras. (Worth 12 points.)

What is Monopoly as a market structure in Capitalism, why is monopoly restricted in capitalism, which law prevents a company to become a monopoly in the U.S.? Also, name a company that is or has been becoming a monopoly in the U.S. in the recent decade. (Worth 20 points.)

When getting ready to buy a business, which three financial statements are critical to review? Name each one and explain their purposes. (Worth 15 points.)

In a corporate environment three critical positions are filled in the Finance Department. What are the job titles of each of those three positions, what role does each position play; that is, what are the functions of each of those three executives, and who do they all report to? (Worth 10 points.)  

What does SEC stand for, what is it, and what is its role in the Securities Market? (Worth 3 points.)

What is the difference between Common Stock and Preferred Stock? (Worth 4 points.)

What are the four Marketing Strategies? Explain in full. (Worth 8 points.)

What are the three common forms of business ownership? Explain fully and give one positive and one negative for each of those forms of business ownership. (Worth 9 points.)

What do the Theories X, Y, and Z of management styles mean? Explain in full, include the creators of these theories. (Worth 9 points.)

What is meant by corporate social responsibility? Name a company that failed to meet its corporate social responsibility at any time during the last ten years or even before that, and how did it fail. (Worth 10 points.)