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The imagined circumstances which the exam will test are as follows. After completing Business Law and graduating from Wayland University, you decide to start a business of your own. With some personal savings, equity on your house and a twenty thousand dollar inheritance, you weigh many small business opportunities that might be taken: You could buy a carwash, or start an office cleaning company, or operate a copy/mail store, or hang a shingle as a tax consultant or start a professional nanny service, or a Photography business—you must choose a small business following your talents and interests. Choose any business that suits you and apply business law to the following essay questions.
You wish to set high ethical standards in business and follow principles of corporate social responsibility. Describe steps and actions to follow with this commitment.
What will you propose to do with these businesses to assure that they will still be viable operations 10 to 20 years from now?
Do you think that the ever-increasing demand for, and actual implementation of, increased transparency, coupled with ever increasing technology capabilities
How much will he need to finance the expected expansion in sales to $5.5 million in 1996 and to take all trade discount?
What is a Non-Disclosure Agreement (NDA)? When should one be used? Argue why it would be necessary to include in a BPO contract.
How does how you manage employees affect your ability to achieve those strategic performance drivers?
Prepare a research paper on an "Employment Discrimination" topic.
Draw the network. What is the critical path? What is the expected project completion time?
Suppose a shipment of 20,000 lbs is originated from point I. An additional 50,000 lbs is to be combined with it at point J and both shipments are to move on to point K. The transportation rate from point I to point J is $0.5/cwt. How much is the tota..
Why do we need databases as the so-called "back-ends" to our transaction processing systems? What is their function and value?"
A company needs to design their product with the customer’s in mind. In recent years there have been so many technological advances that many times the consumers have been forgotten when developing new products. Can you think of a product that failed..
Nationwide Financial, a 5,000-employee life insurance company based in Columbus, Ohio, found that its management development program contained four types of managers. One type, unknown leaders, has the right skills but their talents are unknown to to..
How did your person develop into an effective leader? Would you say s/he was a born leader, or developed into one? What would you say is your person's leadership style? (What leadership theories may apply?) What do you think contributed the most to..
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