test bank Essay - 1790 Words

Chapter 2—Social Responsibility MULTIPLE CHOICE 1. Stakeholders power over businesses stems from their a. ability to withdraw or withhold resources. b. ability to generate profits. c. media impact. d. political influence. e. stock ownership. ANS: A PTS: 1 2. Those who have a claim in some aspect of a firms products, operations, markets, industry, and outcomes are known as a. shareholders. b. stockholders. c. stakeholders. d. claimholders. e. special-interest groups. ANS: C PTS: 1 3. Which of the following do not typically engage in transactions with a company and thus are not essential for its survival? a. Employees b. Secondary stakeholders c. Primary stakeholders d. Investors e.†¦show more content†¦ANS: A PTS: 1 15. Public health and safety and support of local organizations are issues most relevant to which stakeholder group? a. Investors b. Community c. Suppliers d. Customers e. Employees ANS: B PTS: 1 16. Minimizing the use of energy and reducing emissions and waste are issues of importance to which stakeholder? a. Environmental groups b. Suppliers c. Employees d. Industry leaders e. Investors ANS: A PTS: 1 17. The idea that the mission of business is to produce goods and services at a profit, thus maximizing its contribution to society is associated with a. Adam Smith. b. Theodore Levitt. c. Norman Bowie. d. Herman Miller e. Milton Friedman. ANS: E PTS: 1 18. The originator of the idea of the invisible hand, which is a fundamental concept in free market capitalism, was a. Adam Smith. b. Theodore Levitt. c. Norman Bowie. d. Herman Miller e. Milton Friedman. ANS: A PTS: 1 19. Some economists believe that if companies address economic and legal issues, they are satisfying the demands of society, and that trying to anticipate and meet additional needs would be almost impossible. Which economist’s theory are they following most closely with this belief? a. Adam Smith. b. Theodore Levitt. c. Norman Bowie. d. Herman Miller e. Milton Friedman. ANS: E PTS: 1 20. _____ argued that, although profits are required for business, profit is not the primaryShow MoreRelatedSmall Bank Community Development Test2121 Words   |  9 PagesAn intermediate small bank is also examined based on the small bank community development test. The community development test does not apply to a small bank that is not an intermediate small bank. The community development test is a four prong test including the following: †¢ The number and amount of community development loans; †¢ The number and amount of qualified investments; †¢ The extent to which the bank provides community development services; and †¢ The bank’s responsiveness through such activitiesRead MoreFinancial Markets and Institutions 5th Edition Test Bank by Saunders1057 Words   |  5 PagesFinancial Markets and Institutions 5th edition Test Bank by Saunders Follow Link Below To Get Tutorial https://homeworklance.com/downloads/financial-markets-and-institutions/ Financial Markets and Institutions 5th edition Test Bank by Saunders Follow Link Below To Get Tutorial https://homeworklance.com/downloads/financial-markets-and-institutions/ Financial Markets and Institutions 5th edition Test Bank by Saunders Follow Link Below To Get Tutorial https://homeworklance.com/downloads/financial-markets-and-institutions/ Read MoreTest Bank2552 Words   |  11 Pagestransfer EXCEPT A) entering into a hold-harmless agreement. 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You should buy 50 put option contracts (each on 100 shares) with a strike price of $25 and an expiration date in four months. If at the end of four months the stock price proves to be less than $25, you can exercise the options and sell the sharesRead Moretest bank Essay5473 Words   |  22 Pagesstrategic management Capsule 1.5 SWOT SC01.03 In a large US steel firm, the corporate planning process in 1965 could be described as: a- Integration of division strategic plans, iteration between divisions and the headquarters, and contact of banks to explore the best deal for providing capital b- Forecast of demand, determination of targets for each district, determination of need for additional production capacities, decision from top executives, and investment c- Marketing analysis, estimationRead MoreAccounting Test Bank4528 Words   |  19 PagesQuestion 36 Taxable income of a corporation Correct Answer: differs from accounting income due to differences in interperiod allocation and permanent differences between the two methods of income determination. 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The Election Of John Fitzgerald Kennedy And Richard...

Democrats versus Republicans face off once again in the year of 1960. The election of 1960 was a nasty election that broke the bond between two friends. John Fitzgerald Kennedy and Richard Milhous Nixon were the main two candidates in the election. With both candidates having political experience, anyone of them could become the 35th President of the United States. Before the 1960 election, Nixon had been elected to serve in the House of Representatives and the Senate at the age of 43. He was also Vice President under the Eisenhower administration and was the second youngest in history. Kennedy was also a Senator at the age of 35. He was also known as handsome, debonair, witty and a decorated war hero. Surprisingly, Kennedy and Nixon were hall mates. Years before the election, Kennedy and Nixon were considered as acquaintances. Nixon and many others believed that Kennedy would not get the nomination because he had Addison’s disease and was Catholic. John Connally had called a press conference to let reporters know that he had Addison’s disease and he would eventually die from it. Due to being Catholic, Kennedy had many hardships getting the nomination and becoming the President. Without the support of Nixon and others, Kennedy had won the Wisconsin Primary but was denied the victory because of his religion. The lost however did not stop Kennedy. He moved on till the next state and got the Democratic nomination in the election. Nixon had many supporters along with someShow MoreRelatedThe Presidential Election of 1960 Essay1986 Words   |  8 PagesThe Presidential Election of 1960 The presidential election that took place in 1960 was an interesting one. Newcomer, John F. Kennedy verses the Vice President, Richard M. Nixon. It was experimental with its trail of televised debates. It also marked the second in which a catholic had run for president and more importantly the first in which a catholic attained victory. John F. Kennedy, of Irish decent, was born in Brookline, Massachusetts on May 29,1917. He entered the Navy, after graduationRead MoreThe War Of The Vietnam War1904 Words   |  8 PagesTruman distrusted Ho Chi Minh due to Ho Chi Minh’s Communist ideology, although they were not great in personal terms with the French government either. Presidents John Fitzgerald Kennedy and Lyndon Baines Johnson started and expanded the military involvement of the United States in Vietnam respectively. President Richard Milhous Nixon decided to end the United States’ involvement and withdrew troops essentially leaving United States’ ally in the conflict; South Vietnam in the cold. President GeraldRead MoreThe Most Controversial American Presidents9333 Words   |  38 Pages4 I.2 Presidency 5 I.3 Retirement and death 6 Chapter II. Abraham Lincoln 7 II.1 Early life and education 7 II.2 Presidency and the Civil War 8 II.3 Assassination 13 Chapter III. J. F. Kennedy 15 III.1 Early life and education 15 III.2 Presidency 17 III.3 Assassination 19 Chapter IV. Richard Nixon 21 IV.1 Early life and education 21 IV.2 Presidency 22 IV.3 Death and funeral 23 Chapter V. Theodore Roosevelt 24 V.1 Early life and education 24 V.2 Presidency 1901–1909 25 V.3 Later years

Nz Fitness Industry Free Essays

Within New Zealand a growing number of people are using the fitness industry as a convenient means of improving and maintaining their well-being. In recent times a market boom has taken place with more and more gyms being built throughout the country, and with them new business opportunities arising. One of the most renown gyms in New Zealand, Les Mills is an example of one of these modern business franchises. We will write a custom essay sample on Nz Fitness Industry or any similar topic only for you Order Now In the 43 years since Phillip Mills family started running their first Les Mills gym in New Zealand, the gym has since gone international with over 14,000 gyms now spread throughout 75 countries worldwide and an estimated net worth of (†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ) (citation). It is estimated that in New Zealand alone the gym industry generated over (†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. ) in 2008 (citation). Along with the increase in gyms being established a large proportion of the fitness industry is now focusing on nutrition as an additional market for generating profit. This report serves to analyse and interpret both individual markets along with relevant figures, and will outline the potential future business prospects for investment or creating a new franchise in both markets. New Zealand has a large fitness industry as exercise has become a very important part of everyday life. Today’s gym goers are opting for low frills operators trading away high end services in favour of convenience, price and flexible contracts. With more than 10% of New Zealand’s population now seeing an exercise professional regularly, there is a total of 400,000 people on average seeing 1500 exercise professionals on a regular basis. (cited) Some of the top gyms in New Zealand are Les Mills, Next generation and Jetts. Les Mills has a competitive advantage of having fun while exercise via the fitness classes that are suitable for all ages and sizes, such as Body Combat. Les Mills is a large firm that has privately owned companies headquarters in Auckland only which are valued at $130 million. Les Mills believes that by 2020 they will open a further of 10 gyms in Auckland (cited Mills). The health and fitness market has been described as blandly premium as there is little deffirentiation between service offerings, indicating that there is opportunity for competitive advantage to be achieved through quality. In order to open a new franchise sufficient funds must be available. Competition exist with a newly opened Les Mills Britomart, which was set up with a total cost of $10 million dollars. Margins are very slim for smaller gyms, so would need to be a large player to be successful. How to cite Nz Fitness Industry, Papers Nz Fitness Industry Free Essays Within New Zealand a growing number of people are using the fitness industry as a convenient means of improving and maintaining their well-being. In recent times a market boom has taken place with more and more gyms being built throughout the country, and with them new business opportunities arising. One of the most renown gyms in New Zealand, Les Mills is an example of one of these modern business franchises. We will write a custom essay sample on Nz Fitness Industry or any similar topic only for you Order Now In the 43 years since Phillip Mills family started running their first Les Mills gym in New Zealand, the gym has since gone international with over 14,000 gyms now spread throughout 75 countries worldwide and an estimated net worth of (†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ) (citation). It is estimated that in New Zealand alone the gym industry generated over (†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. ) in 2008 (citation). Along with the increase in gyms being established a large proportion of the fitness industry is now focusing on nutrition as an additional market for generating profit. This report serves to analyse and interpret both individual markets along with relevant figures, and will outline the potential future business prospects for investment or creating a new franchise in both markets. New Zealand has a large fitness industry as exercise has become a very important part of everyday life. Today’s gym goers are opting for low frills operators trading away high end services in favour of convenience, price and flexible contracts. With more than 10% of New Zealand’s population now seeing an exercise professional regularly, there is a total of 400,000 people on average seeing 1500 exercise professionals on a regular basis. (cited) Some of the top gyms in New Zealand are Les Mills, Next generation and Jetts. Les Mills has a competitive advantage of having fun while exercise via the fitness classes that are suitable for all ages and sizes, such as Body Combat. Les Mills is a large firm that has privately owned companies headquarters in Auckland only which are valued at $130 million. Les Mills believes that by 2020 they will open a further of 10 gyms in Auckland (cited Mills). The health and fitness market has been described as blandly premium as there is little deffirentiation between service offerings, indicating that there is opportunity for competitive advantage to be achieved through quality. In order to open a new franchise sufficient funds must be available. Competition exist with a newly opened Les Mills Britomart, which was set up with a total cost of $10 million dollars. Margins are very slim for smaller gyms, so would need to be a large player to be successful. How to cite Nz Fitness Industry, Essay examples