BUSN 115 Entire Course Intro to Business NEW

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BUSN 115 Entire Course Intro to Business and Technology NEW DeVry http://www.hiqualitytutorials.com/product/busn-115-entire-course- introduction-to-business-and-technology-new-devry/ BUSN 115 Week 3 Assignment Lemonade Stand DeVry http://www.hiqualitytutorials.com/product/busn-115-week-3- assignment-lemonade-stand-devry/ Scenario You have decided to open a lemonade stand in your local neighborhood. You have grand plans for this stand and expect to attract many customers. In part I of this assignment, you will develop the basic premise of your new company. Please answer the following questions, utilizing the textbook, to ensure you apply the lesson we have learned in the previous weeks. - Develop a creative name for your Lemonade Stand, and then explain why a name is important when you are considering branding options? - Create a Mission Statement for your Lemonade Stand (Chapter 7); then explain why a mission statement is important for any company? - You are very involved in your community; please outline your CSR plan (Chapter 4) for your business. - The textbook lists many different types of pricing strategies, please pick one of these and explain how you will deliver on this strategy with your stand. (Chapter 14) - Even though you only sell to local customers, you understand that you could package your lemonade and sell it online globally. Evaluate whether or not the company should go global by creating an online presence and selling your lemonade online (Chapter 3). Activity You are to write roughly 750 words in answering all questions posted above for your Lemonade Stand. (Please note: you may list the questions in your paper and answer these in a step by step process, but the word count will only apply to your written words). The paper needs to be written in an APA format and should have at least your textbook listed as a scholarly source in your bibliography. Please view the APA tutorial in your syllabus for

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BUSN 115 Entire Course Intro to Business and Technology NEW DeVryhttp://www.hiqualitytutorials.com/product/busn-115-entire-course-introduction-to-business-and-technology-new-devry/BUSN 115 Week 3 Assignment Lemonade Stand DeVryhttp://www.hiqualitytutorials.com/product/busn-115-week-3-assignment-lemonade-stand-devry/ScenarioYou have decided to open a lemonade stand in your local neighborhood. You have grand plans for this stand and expect to attract many customers. In part I of this assignment, you will develop the basic premise of your new company. Please answer the following questions, utilizing the textbook, to ensure you apply the lesson we have learned in the previous weeks.- Develop a creative name for your Lemonade Stand, and then explain why a name is important when you are considering branding options?- Create a Mission Statement for your Lemonade Stand (Chapter 7); then explain why a mission statement is important for any company?- You are very involved in your community; please outline your CSR plan (Chapter 4) for your business. - The textbook lists many different types of pricing strategies, please pick one of these and explain how you will deliver on this strategy with your stand. (Chapter 14) - Even though you only sell to local customers, you understand that you could package your lemonade and sell it online globally. Evaluate whether or not the company should go global by creating an online presence and selling your lemonade online (Chapter 3).ActivityYou are to write roughly 750 words in answering all questions posted above for your Lemonade Stand. (Please note: you may list the questions in your paper and answer these in a step by step process, but the word count will only apply to your written words).The paper needs to be written in an APA format and should have at least your textbook listed as a scholarly source in your bibliography. Please view the APA tutorial in your syllabus for more on how to format your paper. Your paper should include a cover page and running header as stipulated by APA formatting…..Preview:For a number of people, their initial foray into business was through a lemonade stand they put up with friends or family when they were still little. Capital typically came from the parents’ pockets and soon, they found that in order to become successful in their venture, they had to plan and market the business, and manage their finances, among….BUSN 115 Week 5 Assignment DeVryhttp://www.hiqualitytutorials.com/product/busn-115-lemonade-stand-part-2-week-5-devry/ScenarioIn week 3, you created a lemonade stand that you opened in your local neighborhood; you created a name, developed a mission statement, outlined a CSR plan, and picked a pricing strategy for this new company. This week you will continue to develop your idea by writing an informal business report that will share your plans with a potential business investor. A report template is available in Doc Sharing to guide you through formatting of this assignment; however, the main prompts you should address in the report include: - Branding strategy. In Part I, you decided part of the brand when you developed your pricing strategy. Continue with the other parts of the marketing mix (Place, Promotion, and Product), and discuss how the lemonade stand should be branded utilizing this marketing mix (Chapter 14). - Opportunities for new locations. Your stand in your neighborhood has been very successful and you are considering expanding operations. In doing so, you will need to outline some criteria for potential new locations (Chapter 15).- Promotion plans. You have a $ 10,000 budget to promote your stand in the local community. Please outline two or three ways you could promote this business (please include costs involved in these promotions) (Chapter 16).- Employee Training. You have hired several people to run your lemonade stand, as you simply are too involved in t

Transcript of BUSN 115 Entire Course Intro to Business NEW

Page 1: BUSN 115 Entire Course Intro to Business NEW

BUSN 115 Entire Course Intro to Business and Technology NEW DeVryhttp://www.hiqualitytutorials.com/product/busn-115-entire-course-introduction-to-business-and-technology-new-devry/

BUSN 115 Week 3 Assignment Lemonade Stand DeVryhttp://www.hiqualitytutorials.com/product/busn-115-week-3-assignment-lemonade-stand-devry/ScenarioYou have decided to open a lemonade stand in your local neighborhood. You have grand plans for this stand and expect to attract many customers. In part I of this assignment, you will develop the basic premise of your new company. Please answer the following questions, utilizing the textbook, to ensure you apply the lesson we have learned in the previous weeks.

- Develop a creative name for your Lemonade Stand, and then explain why a name is important when you are considering branding options?

- Create a Mission Statement for your Lemonade Stand (Chapter 7); then explain why a mission statement is important for any company?

- You are very involved in your community; please outline your CSR plan (Chapter 4) for your business.

- The textbook lists many different types of pricing strategies, please pick one of these and explain how you will deliver on this strategy with your stand. (Chapter 14)

- Even though you only sell to local customers, you understand that you could package your lemonade and sell it online globally. Evaluate whether or not the company should go global by creating an online presence and selling your lemonade online (Chapter 3).

ActivityYou are to write roughly 750 words in answering all questions posted above for your Lemonade Stand. (Please note: you may list the questions in your paper and answer these in a step by step process, but the word count will only apply to your written words).

The paper needs to be written in an APA format and should have at least your textbook listed as a scholarly source in your bibliography. Please view the APA tutorial in your syllabus for more on how to format your paper. Your paper should include a cover page and running header as stipulated by APA formatting…..

Preview:

For a number of people, their initial foray into business was through a lemonade stand they put up with friends or family when they were still little. Capital typically came from the parents’ pockets and soon, they found that in order to become successful in their venture, they had to plan and market the business, and manage their finances, among….BUSN 115 Week 5 Assignment DeVryhttp://www.hiqualitytutorials.com/product/busn-115-lemonade-stand-part-2-week-5-devry/ScenarioIn week 3, you created a lemonade stand that you opened in your local neighborhood; you created a name, developed a mission statement, outlined a CSR plan, and picked a pricing strategy for this new company. This week you will continue to develop your idea by writing an informal business report that will share your plans with a potential business investor. A report

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template is available in Doc Sharing to guide you through formatting of this assignment; however, the main prompts you should address in the report include:

- Branding strategy. In Part I, you decided part of the brand when you developed your pricing strategy. Continue with the other parts of the marketing mix (Place, Promotion, and Product), and discuss how the lemonade stand should be branded utilizing this marketing mix (Chapter 14).

- Opportunities for new locations. Your stand in your neighborhood has been very successful and you are considering expanding operations. In doing so, you will need to outline some criteria for potential new locations (Chapter 15).

- Promotion plans. You have a $ 10,000 budget to promote your stand in the local community. Please outline two or three ways you could promote this business (please include costs involved in these promotions) (Chapter 16).

- Employee Training. You have hired several people to run your lemonade stand, as you simply are too involved in the strategic aspects of the business. As such, you have seen sales drop. What are some ways you can motivate your employees to improve sales? (Chapter 10)

ActivityOnce you have considered the points above, please provide responses and explanations using the template provided in Doc Sharing (titled “Lemonade Stand Informal Business Report”). Utilize your textbook and apply the lessons we have learned in previous weeks to develop and support your plans. By offering support and developing your response, you must provide examples, elaboration, or justification, often in the form of information gathered from your textbook. When integrating support from your textbook, be sure to use APA style to provide in-text citations within the paragraph and a full end reference on a separate Reference Page after the Business Plan. Examples of APA formatting are included in the template.You are to write roughly 500 - 750 words in answering all points posted above for your Lemonade Stand… Preview:John’s Lemons goal is to reach as many customers as possible as it aims to address the changing lifestyle choices, food and drink preferences, and customers’ thrust on healthy living. Thus, it is crucial to make the lemonade available wherever the target market is. In determining new locations, product distribution must be considered

BUSN 115 Quiz Week 2 Introduction to Business DeVryhttp://www.hiqualitytutorials.com/product/busn-115-quiz-week-2-introduction-to-business-devry/(TCO 1) A(n) _____ is a framework of how a business intends to generate revenue. (Points : 5)Business modelStrategic management toolProfitability analysisCompetitive advantageEntrepreneurial mindset(TCO 1) The _____ function of an organization coordinates the incoming flow of materials and the outgoing flow of finished products. (Points : 5)Finance

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LogisticsHuman resourcePurchasingSales(TCO 1) _____ audit the financial reports of public companies as required by law. (Points : 5)Internal accountantsExternal auditorsCredit managersManagement accountantsForensic accountants(TCO 1)  _____ is defined as having two consecutive quarters of decline in the country's gross domestic product. (Points : 5)DeflationStagnationImmobilismStagflationRecession(TCO 1) _____ unemployment is the natural movement of workers into and out of jobs, such as when a person quits one job without first lining up a new job. (Points : 5)StructuralIntrinsicFrictionalCyclicalSeasonal(TCO 1) ________ taxes, levied on the earnings of individuals and businesses, are the government's largest single source of revenue. (Points : 5)IncomePropertySalesExcisePayroll(TCO 1) _____ is the process of influencing and motivating people to work willingly and effectively toward common goals. (Points : 5)OrganizingLeadingPlanningDirectingControlling(TCO 1) In order to be effective, a business goal should be _____. (Points : 5)Broadly definedMeasurableTime unlimitedRemotely definedSubstantially high(TCO 1) The first step in managing organizational change is _____. (Points : 5)

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Monitoring continued progress of the change effortIdentifying the need for changeReinforcing the changed behaviorAnalyzing the forces acting against the changeChoosing the technique to be used in instituting the change(TCO 2) An embargo is a _____. (Points : 5)Quantity restriction on the import of particular goods or servicesSurcharge imposed on the import of certain productsSubsidy offered to products exported from a countryComplete ban on the import or export of certain productsForm of financial assistance extended to domestic producers(TCO 2) The _____ was established to foster international financial cooperation and its primary functions include providing short-term loans to countries that are unable to meet their financial obligations and working to alleviate poverty in developing economies. (Points : 5)World Trade OrganizationWorld Commerce CenterEuropean UnionNorth American Free TreatyInternational Monetary Fund(TCO 2) _____ refers to buying goods or services from a supplier in another country. (Points : 5)FranchisingImportingLicensingPartneringIntermediating(TCO 2) The use of unpublicized information that an individual gains from the course of his or her job to benefit from fluctuations in the stock market is called _____. (Points : 5)A code of ethicsWhistle-blowingInsider tradingUtilitarianismstrategic CSR(TCO 2) Which of the following statements is true regarding whistle-blowing? (Points : 5)Whistle-blowing is the normal channel through which employees can address issues involving unethical or illegal behavior within their companies.Whistle-blowing refers to the use of unpublicized information that an individual gains from the course of his or her job to benefit from fluctuations in the stock market.Whistle-blowing occurs when employees share confidential company information with external agents for personal gain.The federal and state laws governing whistle-blowing are simple and clear, so that they can be easily used by employees and employers to navigate through.Although whistle-blowing is sometimes characterized as "ratting on" colleagues or managers, it has an essential function.

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(TCO 2) Which of the following approaches to resolving ethical dilemmas advocates choosing the option that delivers the most good for the most people? (Points : 5)Individual rightsUtilitarianismStrategic CSRSustainable developmentKantian ethicsBUSN 115 Quiz Week 4 DeVryhttp://www.hiqualitytutorials.com/product/busn-115-quiz-week-4-devry/(TCO 3) Which of the following is an example of a lifestyle business? (Points : 5)A paper recycling unit that employs about 800 employeesA self-employed landscape designerNature's Delights, an international gourmet food chain that is considered to be the world's leading retailer of natural and organic foodsMuseum of Fine Arts, a government-funded museum that houses a collection of 19th and 20th century American, German, and French paintingsFreedom Books, a firm that is the leader in the English-language, book-publishing sector(TCO 3) Which of the following is true regarding high-growth ventures? (Points : 5)They are usually run by one individual rather than a team.They refer to businesses such as a self-employed consultant, a corner florist, or a small e-commerce ventureThey are mostly family businessesThey are built around the personal and financial needs of an individualThey expand rapidly by obtaining a sizable supply of investment capital(TCO 3) Small companies tend to differ from large ones because _____. (Points : 5)They have a wider focus compared to larger companiesThey are mostly launched with more financial backing than larger companiesThey have less freedom to innovate and move quickly compared to larger companiesThey can react to market changes and make decisions more quickly than larger companiesThey are more bureaucratic compared to larger companies(TCO 3) _____ are expensive organizational products with a long useful life. (Points : 5)Shopping productsCapital itemsExpense itemsSpecialty productsConvenience products(TCO 3) Absco computers introduced a low-cost, cloud-based storage service. The company adopted unit-based pricing for the product and many small businesses found the product to be very effective in reducing their storage costs. The sale of the product has increased swiftly in recent months and is at an all-time high. The product is presently in the _____ stage of product lifecycle. (Points : 5)MaturityGrowthSaturationResearchIntroduction

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(TCO 3) People who monitor social media to spot shifts in consumer tastes are called _____. (Points : 5)Social arbitratorsTrend watchersCrowd pullersSocial developersSocial programmers(TCO 4) Organizational purchasing differs from consumer purchasing in that organizational purchasing _____. (Points : 5)Is influenced more by subconscious and emotional factorsUsually involves closer relationships between buyers and sellersHas lower complexity in product usageLacks a formal buying processIs less clearly driven by economics(TCO 4) _____ refers to the increase in the value of a product with the number of customers who use it. (Points : 5) Possession utility Cognitive dissonanceNetwork effectPositioningForm utility(TCO 4) Creating new goods and services for a firm's current markets is called _____. (Points : 5)Market penetrationProduct developmentMarket developmentDiversificationPure play(TCO 4) Retailers differ from wholesalers in that retailers _____. (Points : 5)Sell products to small-business ownersSell products to wholesalers, government agencies, and educational institutionsPrimarily sell products to consumers for personal useReceive bulk shipments from producersCreate possession utility(TCO 4) One of the valuable services that a wholesaler might perform is _____, in which it receives large shipments from the producer and then sells smaller quantities to retailers. (Points : 5)Rack jobbingDrop shippingBundlingSystem integration(TCO 4) Producers rely on a class of intermediaries called value-added resellers (VARs) to assist with which of the following functions? (Points : 5)Transport the goods from the producer to the retail outletsAssist with advertising, in-store displays, and other promotional effortsProvide market information

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Divide bulk quantities into smaller packagesComplete or customize solutions for customers(TCO 4) The government agency that has the authority to impose penalties against advertisers who violate federal standards for truthful advertising is the _____. (Points : 5)Federal Communications CommissionConsumer Product Safety CommissionFederal Trade CommissionFederal Advertising AdministrationFederal Regulatory Commission(TCO 4) In _____, behaviorally targeted ads follow users even as they move on to other websites. (Points : 5)Attack adsAdvocacy advertisingCooperative advertisingRemarketingSearch engine marketing(TCO 4) Institutional advertisements that present a company's point of view on public issues, such as education or healthcare, are known as _____ advertising. (Points : 5)ProductComparativeCooperativeAdvocacyConsultativeBUSN 115 Quiz Week 6 Introduction to Business DeVryhttp://www.hiqualitytutorials.com/product/busn-115-quiz-week-6-introduction-to-business-devry/(TCO 5) A diagram that shows how employees and tasks are grouped and where the lines of communication and authority flow is called a(n)_____. (Points : 5)Positional depictionMatrix structureNetwork structureOrganization chartFunctional chart(TCO 5) Another term for work specialization is _____. (Points : 5)Virtual organizationChain of commandSpan of managementDivision of laborOrganizational structure(TCO 5) In a furniture factory, one worker cuts the wood according to the design, another worker glues and screws the pieces together, and another worker stains and polishes the wood. This is an example of _____. (Points : 5)Core competenciesDecentralizationWork specializationChain of command

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Centralization(TCO 5) Ace Inc., an American multinational computer software company, has a large number of hierarchical levels. Each manager is responsible for a few employees and maintains a tight control on them. At Ace Inc., the time taken to make decisions is very high, as each decision needs to go through numerous management layers. Which of the following statements is true about the organizational structure of Ace Inc.? (Points : 5)Ace Inc. has a narrow span of managementAce Inc. is a flat organizationAce Inc. lacks work specializationAce Inc. is a decentralized organizationAce Inc. encourages employees to form self-managed teams(TCO 5) _____ proposed a model that divides motivational forces into satisfiers ("motivators") and dissatisfiers ("hygiene factors"). (Points : 5)Douglas McGregorAbraham MaslowDavid McClellandFrederick W. TaylorFrederick Herzberg(TCO 5) Justin M. Brown, the operations manager at Vernon Manufacturing Company, formulated a strategy to motivate the firm's employees. Justin addressed employees’ dissatisfaction by increasing their salary and incentives; he employed several industrial counselors to help employees deal with work-related stress; and improved the health insurance plan provided to employees. He also motivated employees by providing greater opportunity for advancement, recognizing employees who perform well and giving employees greater responsibility to foster a sense of achievement in them. Justin's measures are based on which of the following approaches? (Points : 5)McClelland's three-needs theoryTheory XTheory YHerzberg's two-factor theoryScientific management(TCO 5) _____ connects an employee's efforts to the outcome he or she thinks will result from those efforts. (Points : 5)Maslow's hierarchyHerzberg's two-factor theoryDavid McClelland's three needs theoryExpectancy theoryEquity theory(TCO 5) Research into equity theory has led to thinking about the broader concept of _____. (Points : 5)Scientific managementSelf-actualizationorganizational justiceIntrinsic rewardsSelf-efficacy(TCO 5) The goal-setting theory of motivation suggests that _____. (Points : 5)

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Setting goals is unrelated to motivation in most employeesSetting goals is an effective way to motivate employeesManagers, not employees, need to set goalsCollaborative goal setting can undermine managerial authorityEmployees should set their own goals without input from managers(TCO 5) IBM established executive-led task forces to represent women, Asian Americans, African Americans, Hispanic Americans, Native Americans, people with disabilities, and individuals who are gay, lesbian, bisexual, and transgender. This is an example of _____. (Points : 5)Diversity initiativesHorizontal integrationEthnocentric policiesDecentralizationDeregulation(TCO 5) Quality of hire measures _____. (Points : 5)The amount of money spent in hiring and training new employeesThe level of productivity of employees in the probationary periodHow closely incoming employees meet the company's needsThe percentage of minority groups in a firm's workforceThe percentage of the workforce that leaves every year(TCO 6) The sequence of activities that takes the longest time from start to finish in a PERT diagram is called the _____ path. (Points : 5)ExternalLaggingMinorCriticalBuffered(TCO 6) Polar Refrigerator Company reduces its inventory-carrying costs by having their vendors deliver materials right before they are needed in the production process. This is an example of _____ inventory management. (Points : 5)DiscountedPERTJITBufferedEconomic order based(TCO 6) Jass Glass Studio has been hired to make a church window. A church hires the company to make ten windows based on a design provided by the church. This is an example of _____. (Points : 5)Mass productionBatch productionCustomized productionMass customizationStandard production(TCO 6) Dell Computers allows customers to place orders online. The company produces major parts using bulk production and allows customers to personalize such features as

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software, color, memory size, and screen size. This type of manufacturing is an example of _____. (Points : 5)mass customizationmass productioncustomized productionmass manufacturingbatch-of-one productionBUSN 115 Final Exam Introduction to Business DeVry http://www.hiqualitytutorials.com/product/busn-115-final-exam-introduction-to-business-and-technology-devry/ (TCO 1) _____ refer to a resource or capability a company must have before it can start competing in a given market. (Points : 5)AssetsEconomies of scaleBarriers to entryTechnological requirementsFixed costs(TCO 1) Free-market capitalism is characterized by _____. (Points : 5)The right of few sellers dominating the marketThe right to bear and keep armsThe right to freedom of competitionThe right to invest in foreign stock marketsThe right to serve on juries(TCO 1) Home-based entrepreneurs should focus on _____. (Points : 5)Seeking a short-term payoffCreating a long-term visionAccepting securityGetting a line-of-credit from a foreign bankUnderstanding financial ratios on their balance sheet (TCO 1) A technique that combines all the promotional tools into one comprehensive, unified promotional strategy includes which? (Points : 5)The creation of a positive brand image Meeting the needs of the consumer Meeting the strategic marketing goals of the firm Meeting the promotional goals of the firm Meeting profit expectations of external investors (TCO 1) You own a hardware store in the small town where you live. A big-box, multiline competitor has just opened. You see the following as your advantages of maintaining your market share and continued sales revenue. (Points : 5)Quickly adapting to the market Providing improved customer service Increasing your inventory levels Opening a branch store across the street from the big box Providing free expert advice and consultation to your customers (TCO 1) You are fairly good at various and sundry home repairs. You aren’t very good at electrical things or anything having to do with plumbing. But you’re great with painting, patching, and general maintenance on a home. You’re contemplating starting a home

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repair business in your town. What are some issues that you can influence and should be concerned with in launching a new small-business start-up? (Points : 5)UndercapitalizationCompetitors and competition Government control Collecting and remitting sales and use taxes Training for what you don’t know how to do (TCO 1) The latest economic news is not very positive. Unemployment rates are higher than expected, consumer confidence has fallen, and companies are reporting layoffs are in order. The Federal Reserve chairman acknowledges the economy is in a recession. What actions might the federal government and the Federal Reserve take to give the economy a boost? What are these policies called? (Points : 10)(TCO 3) A small business is defined as a company that _____. (Points : 5)Is newly launched and has fewer than 100 shareholdersIs dominant in its field and employs fewer than 1,500 employeesHas a revenue of less than $750,000Is independently owned and operated and not dominant in its fieldIs funded through personal lines of credit and has fewer than 1,000 employees(TCO 1) You own Wash This Way Laundromat in a busy part of town. ABC Laundry, a chain store competitor, opened across the street in a busy shopping strip. You decide to improve your business by adding an internet café offering free Wi-Fi. Why? (Points : 5)To promote private ownership of businessesTo improve quality of lifeTo exceed customer expectationsTo expand your market(TCO 2) Some regulation of business seems necessary to ensure fair and honest dealings with the public. The impact of this statement can best be explained by which of the following? (Points : 5)Consumers and investors have called for increased government regulation in the financial sectorU.S. businesses will need to work with government to create a competitive environment that is fairFuture financial crises will not be as severe as previous onesBusinesses won’t have to worry with future healthcare insurance regulationsGlobal competition will steadily decline over time(TCO 2) A conscious plan that represents and encourages a unique set of values includes which? (Points : 5)Our elected representatives Our communities Our competitors Our employees Our customers (TCO 2) The Uniform Commercial Code includes which? (Points : 5)Laws that cover promissory notes and checksLegally enforceable agreements between two or more parties Bills of Lading Something of value 

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Forms of commercial paper (TCO 2) It is always best to put a contract in writing, even though oral contracts can be enforceable under contract law. A contract should _____. (Points : 5)Specify the extent of profits expected by the original partyBe recorded at the secretary of state’s officeContain a clear offer and agreementHave only one party to the contract sign and date it(TCO 3) One disadvantage of free trade is _____. (Points : 5)domestic companies can lose their comparative advantageUninterrupted flow of capital provides for lower interest ratesWorkers will be given across-the-board pay increasesA company’s productivity grows when it has an absolute advantageDomestic workers can be trained for additional jobs(TCO 3) What are the advantages of corporations? (Points : 5)has the power to own property and conduct businessIt is owned by shareholdersIt has stock which can be public or privateAll statements are true(TCO 2) Which category of business law originates from legislative action? (Points : 5)Administrative LawCommon LawStatutory LawCivil Law(TCO 3) Nations and companies trade internationally for any of the following reasons: (Points : 5)Expanding into new markets to increase sales revenuesPursuing economies of scale to achieve lower production costsAcquiring materials, goods, and services not available at homeAll of the above(TCO 3) Nations rely on a number of key indicators to measure global trade. These include which? (Points : 5)The total value of a nation’s exports compared to its imports measured over a particular period The total value of a nation’s imports compared to its gross domestic product over a particular period The total value of a nation’s exports compared to the value of the International Monetary Fund The difference between money coming into a country and money leaving the country The difference between money leaving the country and its imports measured over a particular period 

(TCO 3) In 1948, a global forum was created whose purpose it was to reduce trade restrictions on goods, services, ideas, and cultural programs. The results of the efforts of this organization include which?  (Points : 5)The creation of regional alliances Reduction of tariffs an average of 38% worldwide Expansion of new trade rules to areas like agriculture The protection of patents Overcoming constraints and decrease business opportunities 

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(TCO 3) Strategies for reaching global markets include which? (Points : 5)LicensingImportingDirect marketing Franchising Contract manufacturing (TCO 4) Consumers have needs for living and wants, which are desires and to know them helps businesses to meet market demands.  From the following list, identify which combination is just needs, or just wants. (Points : 5)Food and Big MacMotorcycle and carShelter and condoWater and Coca-Cola(TCO 4) A system that captures, organizes and capitalizes on all the interactions that a company has with its customers is referred to as: (Points : 5)Customer SchmoozingCustomer Respect PanderingCustomer Rated LoyaltyCustomer Relations Management(TCO 4) When someone regrets making a purchase immediately after making it this is known as? (Points : 5)Wants and needsCognitive dissonanceExchange processBehavior(TCO 4) The disadvantages of sole proprietorships are which? (Points : 5)Risk of personal success Risk of personal loss Unlimited financial resources Few or no fringe benefits Unlimited life span (TCO 4) A limited liability company has which of the following advantages? (Points : 5)Limited liability Choice of taxation Flexible ownership rules Self-employment taxes Fewer incentives (TCO 4) To look at problems and/or passions and see opportunities in them, which of the following questions should be asked? (Points : 5)What do I want but can never find? What services would improve society? What products would improve my life? What irritates me, and what product would help? What products would improve all mankind? (TCO 5) What is a primary responsibility of individual employees in contrast to management in creating workplace motivation? (Points : 5)

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Employees have the ethical obligation to find the motivation to do their jobEmployees are required to accept positive reinforcement that is provided by managementEmployees are responsible to help other employees meet their management objectivesIt is the responsibility of employees to understand Maslow’s Hierarchy(TCO 5) Electronic wireless technology continues its move toward ubiquity. Such media inculcates which of the following? (Select all that apply.) (Points : 5)Sweepstakes promotional information News and sports information Client information Company information Competitor information (TCO 5) You are an independent Internet marketing consultant. You have an excellent track record of assisting small- to medium-sized companies fully realize their marketing potential through an improved and enhanced presence on the Web. Mr. Top Hatt, the owner of a small pet-grooming salon (Hatt’s Cat Grooming Emporium), specializes in the care and grooming of cats and only cats and has just called you. Mr. Hatt has heard of the Internet but doesn’t know much else. He would like for his cat grooming business to grow by using the Internet but doesn’t know what to do. Your recommendations include which of the following? (Points : 5)Building and improving relationships with customers Online advertising to get potential customers to the website Announcing weekly sales promotions so customers will make a purchase Infomercials provided via video streaming to the Web Printable discount coupons printed right from the website (TCO 5) In this digital age, setting up shop online is vital for most retail businesses. But having only an online presence that customers can access at home isn’t enough anymore. Now consumers have an array of smartphones and digital tablets that can get them online from anywhere. For social networks and retailers alike, the mobile market has already enjoyed tremendous growth. Given this information as a sales manager for Always Better Car Sales (ABCS), your concerns include which of the following? (Points : 5)Migrating to the mobile medium shouldn’t be a problemMaking the leap from laptop to touchscreen is an option at this stage of your effortsSocial media is one option to enter the mobile marketUsing a service such as a mobile commerce platform is an optionEconomists estimate that as much as 51% of the total consumer spending may go through social networking sites(TCO 6) The relationship between a PERT chart and a Gantt chart includes which of the following? (Points : 5)A Gantt chart is used for forecasting salesA PERT chart is used for measuring progressThey are both considered to be control-procedure monitorsBoth use a critical path to delineate the flow of materialsA PERT network can be made up of thousands of events over many months(TCO 6) Which does a mission statement address? (Points : 5)A company’s organizational philosophy A company’s organizational psychology 

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A company’s organizational efficacy A company’s organizational phenomenology A company’s organizational social responsibility 

(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? (Points : 5)Water use Recyclables Waste Greenhouse gases Information technology 

(TCO 6) Mining Group Gold is a team process that includes a method for processing and analyzing which? (Select all that apply.) (Points : 5)FeelingsFactsSolutionsFalsitiesParadoxes(TCO 7) Financial accounting includes which one of the following? (Points : 5)The preparation and distribution of an a periodic reportA summarization of the costs of productionThe preparation of departmental budgetsCompliance with the Financial Accounting Standards Board (FASB) guidelinesReviewing and evaluating the information used to prepare a company’s financial statements(TCO 7) Imagine that you have just earned your business degree and have been hired as a hospital administrator at a small hospital that, like many others, is experiencing financial problems. A suggestion that you would make to help improve the financial position of the hospital and correct the financial problems is to (Points : 5)Improve the efficiency of the hospital’s cash management systemUse a carefully planned lawn care serviceContinue the hospital’s large stockpile of drugsCease using a just-in-time inventory systemUse a carelessly planned inventory control system(TCO 7) A cellular or modular layout can accommodate changes in design or customer demand. This includes which? (Points : 5)Not necessarily a strictly linear approach Scheduling work operations Different customers with similar needs One station in the factory sending completed items to two or more next stations Processes that are used to produce large quantities of a few types of products 

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(TCO 7) Some of the characteristics of lean systems include which of the following? (Points : 5)They take twice the human effortThey have the same defects in the finished productThey require half of the engineering effortThey use half the floor space for the same outputThey carry 50% more inventory(TCO 7) Mass customization means (Points : 5)Tailoring products to meet the needs of a large number of individual customersFewer and fewer manufacturers are learning to customize their productsManufacturing companies may become service companies over timeMore and more manufacturers are learning to customize their productsOperations management concepts are not applicable to the service sector(TCO 8) If there is one thing that advertisers agree upon, it is the growing importance of social media in product promotion. Given this information, (Points : 5)Investing in social media hinders a company in reaching its goalsSocial media needs to work hand in hand with other channelsSocial media reaches old audiences that have new devicesNontraditional audiences are the new target for social mediaSocial media and direct mail are complementary to one another(TCO 8) One scarce item in the future will be water. Which is the least expensive way to get water from places of abundance to places of need? (Points : 5)Pipeline transmissionAir transportationTruck transportationShip transportationTrain transportation(TCO 8) The marketing manager is responsible for choosing how to implement which? (Points : 5)ProductPlacePromotionProfitPrice(TCO 9) Technology can provide significant increases in productivity and efficiency. However, less than stable technology-based systems can significantly impact businesses at the most inopportune times. Issues that are inadvertently and unexpectedly created in such instances include which? (Points : 5)Overly complex software Loss of client and customer confidence Decrease in sales revenue Interruption of shipments Overly complex networking equipment (TCO 9) Collaboration software allows multiple users to work on the same document at the same time. It also facilitates videoconferencing so that participants can see and hear each other regardless of where they are. The advantage of using such software is which? (Points : 5)

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A single location for the information being edited and saved Multiple copies of the information so backups are not necessary The software being considered shareware and therefore not copyrighted The software being considered public domain software and free for the taking Multiple locations where the information is stored providing quick access (TCO 9) Web 3.0 can be characterized by which of the following statements? (Points : 5)It is known as the semantic webIt is known as the virtual worldIt is known as the mobile webIt is known as the static webIt is known as the immersive Internet(TCO 10) The role of information technology has changed since the days when it was known as data processing. You have been hired as the new manager of the IT department for Megalopolis Corporation. Megalopolis Corporation manufactures and sells barbecue grills to the middle-upper end of the market. Demand continues to be strong for all products. However, providing service (both warranty and no warranty) continues to be a challenge. In essence, having the right parts at the right place at the right time is not an easy task. Given this information, your set of “must-do-first” priorities includes which? (Points : 5)Reviewing current operations in the IT department to determine processes that can be made more efficientExploring the possibilities of providing real-time manufacturing and shipping data to the expediters in the factory via handheld wireless devicesReviewing the information that is gathered by the customer relations staff that might assist in improving existing customer relationshipsReviewing the ordering process (both warranty and nonwarranty) to streamline ordering and improve communications with suppliers and customersExploring new markets through an improved online presence of the company(TCO 10) An accounting system includes which? (Points : 5)Tax return information Balance sheet information Summarization of accounts information Compliance information Eleemosynary information 

(TCO 10) Which of the following financial management functions are a part of financial planning? (Points : 5)Understanding and allocating operational needs Establishing a capital budget Creating a long-term forecast Establishing a strategic planning vision Creating a short-term forecast (TCO 2) Identify and discuss the social responsibilities of Home Depot to three different stakeholder groups. (Points : 15)http://www.hiqualitytutorials.com/product/tco-2-identify-and-discuss-the-social-responsibilities-of-home-depot-to-busn-115-final-exam/(TCO 3) How do downsizing and outsourcing influence the number of small businesses? (Points : 25)

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http://www.hiqualitytutorials.com/product/tco-3-how-do-downsizing-and-outsourcing-influence-the-number-of-small-businesses-final-exam-busn-115-devry/Business start-ups often soar when the economy sours. During…

(TCO 3) Discuss the positive aspects of globalization, and contrast these with the negative aspects of globalization from the perspective of a small business. Be sure to address the pros and cons of outsourcing in your response. (Points : 15)http://www.hiqualitytutorials.com/product/tco-3-discuss-the-positive-aspects-of-globalization-and-contrast-these-with-busn-115-final-exam/(TCO 4) Identify the four Ps of marketing, and give an example how each of the four Ps can be used to market your favorite product or service. (Points : 25) http://www.hiqualitytutorials.com/product/tco-4-identify-the-four-ps-of-marketing-final-exam-busn-115-devry/(TCO 4) Identify and explain the incentives for entrepreneurship. Address why someone would willingly take the numerous risks associated with running a business. Also, discuss the major attributes necessary for a successful entrepreneur. (Points : 15)http://www.hiqualitytutorials.com/product/tco-4-identify-and-explain-the-incentives-for-entrepreneurship-address-why-someone-busn-115-final-exam/(TCO 5) Discuss the advantages and disadvantages of work specialization. (Points : 25) http://www.hiqualitytutorials.com/product/tco-5-discuss-the-advantages-and-disadvantages-of-work-specialization-final-exam-busn-115-devry/Work specialization can improve organizational efficiency by…

(TCO 5) Aside from retail sales and marketing, identify and discuss two ways that a business could reduce costs or increase profits by using the Internet or web applications.(Points : 15)http://www.hiqualitytutorials.com/product/tco-5-aside-from-retail-sales-and-marketing-identify-and-discuss-two-ways-that-a-business-busn-115-final-exam/(TCO 6) Businesses try to create systems that deliver goods or services to customers as efficiently as possible. This often involves multiple steps and systems that hopefully work together to accomplish that goal. Explain the systems perspective, and identify at least five principles of systems thinking that can improve your skills as a manager. (Points : 25)http://www.hiqualitytutorials.com/product/tco-6-businesses-try-to-create-systems-that-deliver-goods-final-exam-busn-115-devry/The seven principles of systems thinking that can help every manager are…

(TCO 7) What is a balance sheet? Why is it called a balance sheet? (Points : 25)http://www.hiqualitytutorials.com/product/tco-7-what-is-a-balance-sheet-final-exam-busn-115-devry/A balance sheet is a statement of a firm's financial position on a particular…

(TCO 7) Given the following companies—Boeing (airliner manufacturer) and Dell Computer (computer manufacturer)—which facility layout would be the most suitable for each? Justify your response. How would each company determine the location of its facilities? List the specific needs and requirements of each company when determining location. (Points : 15)http://www.hiqualitytutorials.com/product/tco-7-given-the-following-companies-boeing-airliner-manufacturer-and-dell-busn-115-final-exam/(TCO 8) Identify the four Ps of marketing, and give an example how each of the four Ps can be used to market your favorite product or service. (Points : 15)http://www.hiqualitytutorials.com/product/tco-8-identify-the-four-ps-of-marketing-and-give-an-example-how-busn-115-final-exam/

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BUSN 115 Discussions ALL 7 Weeks Posted by ALL Students 684 Pages 2 Sets DeVryhttp://www.hiqualitytutorials.com/product/busn-115-discussions-all-7-weeks-posted-by-all-students-684-pages-2-sets-devry/BUSN 115 Discussions Week 1 All Students Posts 119 Pages 2 Sets DeVryhttp://www.hiqualitytutorials.com/product/busn-115-discussions-week-1-all-students-posts-119-pages-2-sets-devry/BUSN 115 Laws and Regulations Discussions 1 Week 1 All Students Posts 10 Pages DeVryDo laws and regulations always restrict or impede the efforts of business professionals, or can they actually help businesses? In addition to this, could you list some examples of laws or regulations that may have impeded business lately?BUSN 115 Entrepreneurship Failure Discussions 2 Week 1 All Students Posts 8 Pages DeVryThe risk of failure is an inherent part of free enterprise. Does society have an obligation to come to the aid of entrepreneurs who try but fail? Why or why not? Also, please discuss some ways you can minimize your risk.BUSN 115 In What Manner is Wal-Mart Influencing America? Discussions 1 Week 1 Posted by All Students 54 PagesDo Wal-Mart's business practices raise or lower our standard of living? How? Why do you think this is so? Is Wal-Mart's business strategy fair and equitable to all parties? Why or why not? What are ways that a government of any country can lessen the risks to encourage people to start businesses (entrepreneurship)? Based on the feedback in this thread can we agree that a company’s strategy can be viewed as management’s game plan for:

How to grow the business how to compete successfully how to attract and please customers How to conduct operations Overall how to achieve targeted objectives Any thoughts?...

BUSN 115 Can Social Entrepreneurship Succeed? Discussions 2 Week 1 Posted by All Students 47 PagesWhat are the risks for a social entrepreneur? Why? What are the benefits for a social entrepreneur? Why? What are the similarities and differences between business entrepreneurs and social entrepreneurs? Why is this important to consider and discuss? Can social entrepreneurship be successful in our capitalistic society; if so, how? Why? If not, why not? What should be changed in our capitalistic society to assist social entrepreneurs in becoming successful? Why? Would strict capitalists recommend such changes in order to accommodate social entrepreneurs? How?...BUSN 115 Discussions Week 2 All Students Posts 111 Pages 2 Sets DeVryhttp://www.hiqualitytutorials.com/product/busn-115-discussions-week-2-all-students-posts-111-pages-2-sets-devry/BUSN 115 Global Markets Discussions 1 Week 2 All Students Posts 10 Pages DeVryHow can a company use licensing agreements to enter world markets? What two fundamental product strategies do companies choose between when selling their products in the global marketplace?BUSN 115 Corporate Social Responsibility Discussions 2 Week 2 All Students Posts 8 Pages DeVryIs it ethical for companies to benefit from their efforts to practice corporate social responsibility? Why or why not? How can anyone be sure that CSR efforts aren’t just public relations ploys?

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BUSN 115 International Trade or Stay Close to Home? Discussions 1 Week 2 All Students Posts 50 PagesMost of the world’s population lives outside the United States. However, many U.S. companies, especially small businesses, still do not engage in international trade. Why do you think this is the case? If you were a small business owner, would you want to engage in international trade? Why? Why not? What impact would your endeavors in international trade have on your business? Why? Many people believe that imposing quotas, tariffs, or embargoes upsets the theory of comparative advantage, which is based on free economic exchange. According to the theory, companies should sell products to other countries that they can most efficiently produce, and buy products from other countries that can produce them more efficiently.Comparative advantage can sometimes be a difficult concept for people to understand. Our written lecture this week can be interpreted as an example of using Unit X (United States) and Y (Colombia), and Products A (growing coffee beans) and B (producing coffee), to explain the theory. Often, this can seem even more confusing. Let’s try as a class to come up with companies and products to make an example of comparative advantage. Let's make some sense of this theory! I look forward to the discussion...Who would like to start?...BUSN 115 Industrialized Versus Developing Discussions 2 Week 2 All Students Posts 43 PagesThe United States is considered to be an industrialized nation because we have such a high standard of living. Countries with lower standards of living are considered to be emerging or developing nations. What factors prevent developing countries from becoming developed? Why? What are the responsibilities of industrialized nations to developing nations in this regard? Why? What are the responsibilities of businesses in industrialized nations to businesses in developing nations? Are there any? Why? Why not?...BUSN 115 Discussions Week 3 All Students Posts 75 Pages 2 Sets DeVryhttp://www.hiqualitytutorials.com/product/busn-115-discussions-week-3-all-students-posts-75-pages-2-sets-devry/BUSN 115 Starting a Business Discussions 1 Week 3 All Students Posts 4 Pages DeVryWhat are the advantages of buying a business rather than starting one from scratch? What are the advantages and disadvantages of owning a franchise?BUSN 115 Early Adopters Discussions 2 Week 3 All Students Posts 3 Pages DeVryDo you consider yourself an early adopter when it comes to trying out new products or new fashions, or do you tend to take a wait-and-see attitude? How does your attitude toward new products and new ideas influence your decision making as a consumer?BUSN 115 Socially Responsible? Discussions 1 Week 3 All Students Posts 35 PagesWill there ever be a single set of international rules governing multinational companies? Why? Why not? In what way are United States businesses demanding socially responsible behavior from their international suppliers? Why is this important to discuss? Society is constantly redefining its expectations of business and now holds most enterprises to high behavioral standards. Companies must go beyond “doing well” – simply earning a profit – to “doing good” – living up to their social responsibility.In a free enterprise system, as we discussed in Week 1, companies that fail to respond to their customers’ needs and demands soon go out of business. Today, customers are increasingly demanding that the companies they buy goods and services from be socially responsible.Question: What is business’s responsibility to the following?a) Environmentb) Employees

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c) Customersd) Investorse) CommunityBUSN 115 Is it a Matter of Ethics? Discussions 2 Week 3 All Students Posts 33 PagesAn acquaintance of yours in your class has just asked you if he or she could copy a paper you wrote for another instructor last semester. Chances seem good that last semester’s instructor and your current course instructor don’t talk with one another much. Given that, what are your alternatives? What are the consequences of each? Would this situation have been easier to resolve if you had asked yourself the three ethical test questions listed in this week’s assigned chapter? Why? Why not?...BUSN 115 Discussions Week 4 All Students Posts 93 Pages 2 Sets DeVryhttp://www.hiqualitytutorials.com/product/busn-115-discussions-week-4-all-students-posts-93-pages-2-sets-devry/BUSN 115 Purchasing Process Discussions 1 Week 4 All Students Posts 5 Pages DeVryThink of a product you recently purchased and review your decision process. Why did you need or want that product? How did the product’s marketing influence your purchase decision? How did you investigate the product before making your purchase decision? Did you experience cognitive dissonance after your decision?BUSN 115 Advertising Discussions 2 Week 4 All Students Posts 3 Pages DeVryThink about an advertisement (in any medium) that had either a strongly positive or strongly negative effect on your attitude toward the product being advertised or the advertiser itself. Why did the ad have this effect? If you responded positively to the ad, do you think you were being manipulated in any way? If you responded negatively—and you are a potential buyer of the product that was advertised—what changes would you make to the ad to make it more successful?BUSN 115 Ethical Considerations Discussions 1 Week 4 All Students Posts 32 PagesYou’re thinking about starting your own chain of upscale, drive-through espresso stands. You have several ideal sites in mind, and you’ve analyzed the industry and all the important statistics. You have financial backing, and you really understand the coffee market. In fact, you’ve become a regular at a competitor’s operation for over a month. The owner thinks you’re his best customer. He even wants to name a sandwich creation after you. But you’re not there because you love the espresso. No, you’re actually spying. You’re learning everything you can about the competition so you can outsmart them. Is this behavior ethical?...BUSN 115 A Small Business and Social Media Discussions 2 Week 4 All Students Posts 53 PagesWhat is your overall goal in using social media? Have you used social media on a personal level? If so, how? Were there any problems? How did you get past the problems?What do you see as the advantages to using social media in a small business? Why?What do you see as the disadvantages to using social media in a small business? Why?How do you see integrating the use of social media in your day-to-day operations? Why is this important to consider? How will you know if your social media efforts are successful? What would be your leading indicators? If your social media efforts were not successful, what would be your exit plan or exit strategy? Why? How? How long should you wait to know if your efforts are successful?...BUSN 115 Discussions Week 5 All Students Posts 75 Pages 2 Sets DeVryhttp://www.hiqualitytutorials.com/product/busn-115-discussions-week-5-all-students-posts-75-pages-2-sets-devry/BUSN 115 Motivation Discussions 1 Week 5 All Students Posts 5 Pages DeVry

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Chapter 7 discusses several styles of leadership, including autocratic, democratic, and laissez-faire. How do each of these styles relate to Theory X and Theory Y assumptions about workers?BUSN 115 Benefit Choices Discussions 2 Week 5 All Students Posts 5 Pages DeVryWhen you begin interviewing as you approach graduation, you will need to analyze job offers that include a number of financial and nonfinancial elements. Which of these aspects of employment are your top three priorities: a good base wage; bonus or commission opportunities, profit-sharing potential; rapid advancement opportunities; flexible work arrangements; good healthcare insurance coverage; or a strong retirement program? Which of these elements would you be willing to forego in order to get your top three?BUSN 115 Communication: In a Promotional Way Discussions 1 Week 5 All Students Posts 30 PagesWhat kinds of problems can emerge if a firm doesn’t communicate with environmentalists, the news media, and the local community? Why? Do you know of any firms that aren’t responsive to your community? If so, describe the firm and tell us why it isn't responsive. What are the consequences if a firm chooses to ignore such stakeholder groups?...BUSN 115 Blogs, Podcasts, and Social Media Discussions 2 Week 5 All Students Posts 35 PagesHow have blogging, podcasting, and social media affected other media you use, like news sites, newspapers (either printed or online versions of the printed papers), or television? Do you think blogging is an influential word-of-mouth promotional tool? Why? Why not? Do you read newspapers now? If so, which ones? Why?...BUSN 115 Discussions Week 6 All Students Posts 97 Pages 2 Sets DeVryhttp://www.hiqualitytutorials.com/product/busn-115-discussions-week-6-all-students-posts-97-pages-2-sets-devry/BUSN 115 Supply-Chain Management Discussions 1 Week 6 All Students Posts 3 Pages DeVryHow can supply-chain management (SCM) help a company establish a competitive advantage? What are ways that companies can improve their supply chains?BUSN 115 Technology Improvement Discussions 2 Week 6 All Students Posts 3 Pages DeVryBusiness is stalled. Sales last month were 10 percent less than the previous month and so far this month is looking even worse than last month. Could technology help you answer the decrease in sales? What technologies could you deploy to increase sales?BUSN 115 What? Me!? A Manager? Discussions 1 Week 6 All Students Posts 53 PagesDo you prefer to work for a small firm or a large firm? Why? Do you prefer to work for a private company or a public company? Why? Do you prefer to work in the for-profit sector or the not-for-profit sector? Why? Do you prefer to work in an office setting? Why? Do you prefer to work out in the field? Why? What kind of leader do you think that you would be? Why? Do you have any information to support your self-perceived leadership style? If so, what is this information?...BUSN 115 Workers and Robots: Fair and Equitable? Discussions 2 Week 6 All Students Posts 38 PagesAre you concerned that automation may increase unemployment or underemployment in the United States and around the world? Why? Why not? Is using robotic technology in a factory in the United States a fair and equitable solution to the high cost of human labor? Why? Why not? Can you explain in your own words what you believe a company culture is?  If you use the textbook for your explanation please be sure to provide an in-text citation. What kind of company culture would you try to create if you owned a business? How do most companies use

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operations management to stay competitive in their respective industries? What keeps a company from offshore outsourcing its production process?...BUSN 115 Discussions Week 7 All Students Posts 88 Pages 2 Sets DeVryhttp://www.hiqualitytutorials.com/product/busn-115-discussions-week-7-all-students-posts-88-pages-2-sets-devry/BUSN 115 Accounting Firm Discussions 1 Week 7 All Students Posts 2 Pages DeVryThe senior partner of an accounting firm is looking for ways to increase the firm’s business. What other services besides traditional accounting can the firm offer to its clients? What new challenges might this additional work create?BUSN 115 Financial Control Discussions 2 Week 7 All Students Posts 3 Pages DeVryThe company you cofounded last year is growing rapidly and has strong prospects for an IPO in the next year or two. The additional capital that an IPO could raise would let you hire the brightest people in the industry and continue to innovate with new product research. There is one potential glitch: You and the rest of the executive team have been so focused on launching the business that you haven’t paid much attention to financial control. You’ve had plenty of funds from venture capitalists and early sales, so working capital hasn’t been a problem, but an experienced CEO in your industry recently told you that you’ll never have a successful IPO unless you clean up the financial side of the house. Your cofounders say they are too busy chasing great opportunities right now and they want to wait until right before the IPO to hire a seasoned financial executive to put things in order. What should you do and why?BUSN 115 Effects of Information Technology on Management Discussions 1 Week 7 All Students Posts 50 PagesEvaluate and discuss the human resource, security, privacy, and stability issues affected by information technology. The increase of information technology has affected management greatly. The best guess is that it will probably continue to do so. Given that, discuss the issues from the perspective of change and change management. What is the impact of such issues on the management of information technology? Conversely, what is the effect of information technology on management? Why is this important to discuss? In what way does information technology and management impact what you do at your job on a day-to-day basis? Why do you think this is important to discuss?...BUSN 115 Financial Controls Discussions 2 Week 7 All Students Posts 33 PagesThe company you co-founded last year is growing rapidly and has strong prospects for an IPO in the next year or two. The additional capital that an IPO could raise would let you hire the brightest people in the industry and continue to innovate with new product research. There is one potential glitch: you and the rest of the executive team have been so focused on launching the business that you haven’t paid much attention to financial control. You’ve had plenty of funds from venture capitalists and early sales, so working capital hasn’t been a problem, but an experienced CEO in your industry recently told you that you’ll never have a successful IPO unless you clean up the financial side of the house. Your co-founders say they are too busy chasing great opportunities right now, and they want to wait until right before the IPO to hire a seasoned financial executive to put things in order. What should you do and why?...

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