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Chapter 2 Powerpoint Assignment

Chapter 2 focuses on the basic economics.  It explains what capitalism is and how free markets work. It also discusses the importance of entrepreneurs to the creation of wealth.  Chapter 2 discusses in detail, the effects of economic system of the United States, including disinheritance of key economic indicators (especially GDP), productivity and the business cycle.  Chapter 2 focuses on fiscal policy and monetary policy and explain how each affects the economy.  Please refer to the power point slides for more detail.

EXAMPLE:

Question 1. What is socialism?

Answer 1. Socialism is an economic system based on the premise that some businesses should be owned by the government.

REFERENCE PURPOSE ONLY:

Click on “COURSE DOCUMENTS” button and then click on the link ‘chapter 2 powerpoint slides’ to view chapter 2 lecture on powerpoint slides.

ASSIGNMENT:

At the end of the chapter answer the questions under CriticalThinking.

 

Chapter 3 Powerpoint Assignment

CHAPTER 3

DOING BUSINESS IN GLOBAL MARKETS

Chapter 3 focuses on the importance of the global market and the roles of comparative advantage and absolute advantage in globe trade.  It explains the importance of importing exporting, and understand key terms used in global business.  It also evaluate the forces that affect trading in global markets.  Chapter 3 discusses in detail, the changing landscape of the global market and the issue of offshore outsourcing. Chapter 3 focuses on the advantages and disadvantages of trade protectionism. Please refer to the power point slides for more detail.

EXAMPLE:

Question 1. What is an embargo?

Answer 1. An embargo prohibits the importing or exporting of certain products.

REFERENCE PURPOSE ONLY:

ASSIGNMENT:

Answer the Critical Thinking Questions at the end of Chapter 3

 

Chapter 4 Powerpoint Assignment

CHAPTER 4

DEMANDING ETHICAL AND SOCIALLY RESPONSIBLE BEHAVIOR

Chapter 4 focuses on the importance of obeying the law is only the first step in behaving ethically.  It describes how management’s role in setting ethical standards. It also discusses the three questions to answer when faced with a potentially unethical action.  Chapter 4 discusses in detail, the  role of U.S. businesses influencing ethical behavior and social responsibility in global markets.  Please refer to the power point slides for more detail.

EXAMPLE:

Question 1. What is corporate social responsibility?

Answer 1. Corporate social responsibility is the concern businesses have for society.

REFERENCE PURPOSE ONLY:

Click on chapter 4 powerpoint slides’ to view chapter 4 lecture .

ASSIGNMENT:

Answer the Critical Thinking Questions, at the end of Chapter 4.

 

Chapter 5 Powerpoint Assignment

CHAPTER 5

HOW TO FORM A BUSINESS

Chapter 5 focuses on the advantages and disadvantages of sole proprietorships.  It describes the differences between general and limited partners and compare the advantages and disadvantage of partnerships.  It also discusses the advantages and disadvantages of corporations and summarize the differences between C corporations, S corporations and limited liability companies.  Chapter 5 discusses in detail, the advantages and disadvantages of franchises and the opportunities for diversity in franchising and the challenges of global franchising. Please refer to the power point slides for more detail.

EXAMPLE:

Question 1. Why do people incorporate?

Answer 1. Two important reasons for incorporating are special tax advantages and limited liability.

REFERENCE PURPOSE ONLY:

You can refer to the powerpoint slides to guide you in learning the concepts within this chapter.

ASSIGNMENT:

Answer the Critical Thinking Questions, at the in end of Chapter 5

 

Chapter 6 Powerpoint Assignments

CHAPTER 6

ENTREPRENEURSHIP AND STARTING A SMALL BUSINESS

Chapter 6 focuses on why people take the risks of entrepreneurship; list the attributes of successful entrepreneurs and describes entrepreneurial teams, intrappreneurs and home-and Web-based businesses.  It also discusses the importance of small business to the American economy and summarize the major causes of small-business failure.  Chapter 6 discusses in detail, summarize ways to learn about how small businesses operate.  Chapter 6 focuses on what it takes to start and operate a small business.  Please refer to the power point slides for more detail.

EXAMPLE:

Question 1. What are the attributes of successful entrepreneurs?

Answer 1.  Successful entrepreneurs are self-directed, self-nurturing, action-oriented, highly energetic, and tolerant of uncertainty.

REFERENCE PURPOSE ONLY:

ASSIGNMENT:

Answer the Critical Thinking Questions, at the end of Chapter 6.