Midterm BUSN120

The collection of private, commercially oriented organizations, ranging in size from sole proprietorships to large corporations is referred to as

They also believed that character traits such as “respect, truth, and brotherhood,” could be gained from an education.

What are the strengths, limitations and challenges of ethical and socially responsible business practice? Discuss with reference to case studies of your choice (1200-1500 words).

Fully explain emotional intelligence, and give two (2) examples of the concept. Next, examine the concept of “emotional quotient” compared to traditional “intelligence quotient.”

2. (TCO 4) To look at problems and/or passions and see opportunities in them, which of the following questions should be asked? (Select all that apply.)

D) an agent who discloses only the name of his or her principal in a transaction

3. Do you expect this profit level to continue in subsequent years? Why or why not?

In case of breach of contract liability shall be limited or unlimited depending on the type of activity. There are five types of business organizations in the United States. These forms are sole proprietorship, a partnership, limited liability company, partnership, and limited liability company. Each of these formations business has advantages and disadvantages for the employer. There are different levels attributed to the owners and partners in each of these forms of business organization responsibility. As for the different levels of responsibility that owners and partners can help in selecting the appropriate form

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6. (TCO 6) Imagine a world that is populated by 9 billion people. In order to maintain our current quality of life, such a world would require 2.3 planets’ worth of resources. In order to sustain the U.S. way of life, businesses and the government must plan for 30% more people living across the globe. Most of those people will be in developing countries, and the demand will be great for energy, food, and healthcare. Your concern is that you and your production team have been asked by your leadership to create a scorecard to measure your firm’s efforts in sustainability. Your team’s scorecard should necessarily include which? (Select all that apply.)

All Organisations posses a distinct form of culture with some having more than a single culture. This culture is usually very difficult to measure, change and most especially change.

3. Social response : A step further ahead of social obligation, firms perform and social obligations only if they are asked to do so. They do not seek socially activities on their own. Donations to charitable institutions for a social caust of social response. Companies make donations when they are approached by these institutions. It is, thus, discharging social responsibilities in response to

2. That to be most fully "human" requires individual choice and development by cooperative action with identifiable but demanding conditions.

This culture gives prominence to achievement and competitiveness. Employees usually work long hours to achieve certain goals. c) Clan – This culture is reflected in organisations that emphasise on employee’s participation in meeting changes of the environment. Particular attention is paid to employee well welfare. d) Bureaucratic - This type of culture is visible in organisations that follow a well-defined way of doing things.

There are four major culture types within an organization, namely the Clan, Adhocracy, Hierarchy and the Market (Kim & Quinn, 1999). These four cultures are translated into a model, named the Competing Values Framework. This framework shows the cultures, organized between two dimensions. The framework shows which culture coincides with which dimension, to show the effectiveness of the organization and the organizational culture.