Test Bank for Business Essentials 12th Edition

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Product details:

• ISBN-10 ‏ : ‎ 0134728394
• ISBN-13 ‏ : ‎ 978-0134728391
• Author: Ronald J. Ebert; Ricky Griffin

Focus on the practical skills and important developments in business

The recent events in domestic and global economies are presenting unprecedented challenges, excitement, and disappointments for businesses — and a need for change in introduction to business courses and texts. Business Essentials captures the widespread significance of these developments and presents their implications on companies today. The 12th Edition includes new real-world examples and research findings, helping students to see how entrepreneurs are putting into practice the concepts that they are learning about, and making this text the most current and relevant one available on the market.

Table of contents:

1. Part 1 The Contemporary Business World
2. Chapter 1 The U.S. Business Environment
3. Learning Objectives
4. Doing Business in the Global Marketplace
5. Business, Profit, and the External Environment
6. Business and Profit
7. Consumer Choice and Demand
8. Opportunity and Enterprise
9. The Benefits of Business
10. The External Environments of Business
11. Domestic Business Environment
12. Global Business Environment
13. Technological Environment
14. Political-Legal Environment
15. Sociocultural Environment
16. Economic Environment
17. Economic Systems
18. Factors of Production
19. Labor
20. Capital
21. Entrepreneurs
22. Physical Resources
23. Information Resources
24. Types of Economic Systems
25. Planned Economies
26. Market Economies
27. Mixed Market Economies
28. The Economics of Market Systems
29. Demand and Supply in a Market Economy
30. The Laws of Demand and Supply
31. The Demand and Supply Schedule
32. Demand and Supply Curves
33. Surpluses and Shortages
34. Private Enterprise and Competition in a Market Economy
35. Degrees of Competition
36. Perfect Competition
37. Monopolistic Competition
38. Oligopoly
39. Monopoly
40. Economic Indicators
41. Economic Growth, Aggregate Output, and Standard of Living
42. Gross Domestic Product
43. Real Growth Rate
44. GDP Per Capita
45. REAL GDP
46. Purchasing Power Parity
47. Productivity
48. Balance of Trade
49. National Debt
50. Economic Stability
51. Inflation
52. Unemployment
53. Recessions and Depressions
54. Managing the U.S. Economy
55. Developing Skills in Your Career
56. Summary of Learning Objectives
57. Objective 1-1
58. Objective 1-2
59. Objective 1-3
60. Objective 1-4
61. Key Terms
62. Questions & Exercises
63. Questions For Review
64. Questions for Analysis
65. Application Exercises
66. Building a Business: Continuing Team Exercise
67. Assignment
68. Team Exercise
69. Competition in the New Mobile Economy
70. Background Information
71. Team Activity
72. Follow-Up Questions
73. Exercising your Ethics
74. Getting Caught Out in The Cold
75. The Situation
76. The Dilemma
77. Questions to Address
78. Cases
79. Doing Business in the Global Marketplace
80. Questions for Discussion
81. Game Theory in the Video Game Console Industry
82. Questions for Discussion
83. Endnotes
84. Chapter 2 Understanding Business Ethics and Social Responsibility
85. Learning Objectives
86. Simply Divine
87. Ethics in the Workplace
88. Individual Ethics
89. The Law and the Real World
90. Individual Values and Morals
91. Business and Managerial Ethics
92. Behavior Toward Employees
93. Behavior Toward the Organization
94. Behavior Toward Other Economic Agents
95. Assessing Ethical Behavior
96. Company Practices and Business Ethics
97. Adopting Written Codes
98. Instituting Ethics Programs
99. Social Responsibility
100. The Stakeholder Model of Responsibility
101. Customers
102. Employees
103. Investors
104. Suppliers
105. Local and International Communities
106. Contemporary Social Consciousness
107. Areas of Social Responsibility
108. Responsibility Toward the Environment
109. Air Pollution
110. Water Pollution
111. Land Pollution
112. Toxic Waste Disposal
113. Recycling
114. Responsibility Toward Customers
115. Consumer Rights
116. Unfair Pricing
117. Ethics in Advertising
118. Responsibility Toward Employees
119. Legal and Social Commitments
120. Ethical Commitments: The Special Case of Whistle-Blowers
121. Responsibility Toward Investors
122. Insider Trading
123. Misrepresentation of Finances
124. Implementing Social Responsibility Programs
125. Approaches to Social Responsibility
126. Obstructionist Stance
127. Defensive Stance
128. Accommodative Stance
129. Proactive Stance
130. Social Responsibility and the Small Business
131. The Government and Social Responsibility
132. How Governments Influence Business
133. Direct Regulation
134. Indirect Regulation
135. How Business Influences Government
136. Personal Contacts
137. Lobbying
138. Political Action Committees
139. Favors
140. Managing Social Responsibility
141. Formal Organizational Dimensions
142. Legal Compliance
143. Ethical Compliance
144. Philanthropic Giving
145. Informal Organizational Dimensions
146. Organization Leadership and Culture
147. Whistle-Blowing
148. Evaluating Social Responsibility
149. Summary of Learning Objectives
150. Objective 2-1
151. Objective 2-2
152. Objective 2-3
153. Objective 2-4
154. Objective 2-5
155. Objective 2-6
156. Key Terms
157. Questions & Exercises
158. Questions For Review
159. Questions for Analysis
160. Application Exercises
161. Building a Business: Continuing Team Exercise
162. Assignment
163. Team Exercise
164. To Lie or Not To Lie: That is The Question
165. Background Information
166. Method
167. Follow-Up Questions
168. Exercising your Ethics
169. The Case of Orphan Drugs
170. The Situation
171. The Dilemma
172. Questions to Address
173. Cases
174. Simply Divine
175. Questions for Discussion
176. When Mother Nature Storms In
177. Questions for Discussion
178. Endnotes
179. Chapter 3 Entrepreneurship, New Ventures, and Business Ownership
180. Learning Objectives
181. It All Started With a Late Fee
182. What is a Small Business?
183. The Importance of Small Business in the U.S. Economy
184. Job Creation
185. Innovation
186. Contributions to Big Business
187. Popular Areas of Small Business Enterprise
188. Services
189. Retailing
190. Construction
191. Wholesaling
192. Finance and Insurance
193. Manufacturing
194. Transportation
195. Other
196. Entrepreneurship
197. Entrepreneurship Goals
198. Entrepreneurial Characteristics
199. Starting and Operating a New Business
200. Understanding Distinctive Competencies
201. Identifying Niches in Established Markets
202. Identifying New Markets
203. First-Mover Advantages
204. Crafting a Business Plan
205. Setting Goals and Objectives
206. Sales Forecasting
207. Financial Planning
208. Starting the Small Business
209. Buying an Existing Business
210. Franchising
211. Starting from Scratch
212. Financing the Small Business
213. SBA Financial Programs
214. Other Sources of Financing
215. Trends, Successes, and Failures in New Ventures
216. Trends in Small Business Start-Ups
217. Emergence of E-Commerce
218. Crossovers from Big Business
219. Opportunities for Minorities and Women
220. Global Opportunities
221. Better Survival Rates
222. Reasons for Failure
223. Reasons for Success
224. Noncorporate Business Ownership
225. Sole Proprietorships
226. Advantages of Sole Proprietorships
227. Disadvantages of Sole Proprietorships
228. Partnerships
229. Advantages of Partnerships
230. Disadvantages of Partnerships
231. Alternatives to General Partnerships
232. Cooperatives
233. Corporations
234. The Corporate Entity
235. Advantages of Incorporation
236. Disadvantages of Incorporation
237. Types of Corporations
238. Managing a Corporation
239. Stock Ownership and Stockholders’ Rights
240. Boards of Directors
241. Officers
242. Special Issues in Corporate Ownership
243. Joint Ventures and Strategic Alliances
244. Employee Stock Ownership Plans
245. Institutional Ownership
246. Mergers, Acquisitions, Divestitures, and Spin-Offs
247. Mergers and Acquisitions (M&As)
248. Divestitures and Spin-Offs
249. Summary of Learning Objectives
250. Objective 3-1
251. Objective 3-2
252. Objective 3-3
253. Objective 3-4
254. Objective 3-5
255. Objective 3-6
256. Key Terms
257. Questions & Exercises
258. Questions For Review
259. Questions for Analysis
260. Application Exercises
261. Building a Business: Continuing Team Exercise
262. Assignment
263. Team Exercise
264. A Tasty Idea

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