Project Paper 1 Business Economics – GM545 Fall Session Exercise #1 – Ethical Issues Ethics is a major topic of concern with regards to financial reporting, decision making and company operations in today’s world of business. There are numerous laws and organizations that have been developed in order to establish punishments for unlawful behavior or the intent to commit fraud. People’s ethical standards are tested daily. The question remains, how does ethics have an impact on the subject
Words: 993 - Pages: 4
KELLER GRADUATE SCHOOL OF MANAGEMENT MBA - PROJECT PAPER 1 NAME: - BOCKARIE LANSANA COURSE NAME: - BUSINESS ECONOMICS COURSE NUMBER: - GM545 FALL SESSION B-JANUARY-FEBRUARY 2011 Email address:-lans58@yahoo.co.uk 2. EHTICAL ISSUES IN BUSINESS One of these issues is the over reporting and under reporting of net income. The company management seeks to show that every quarter the net income of the business has grown. In order to show this they adopt unethical means and or illegal
Words: 1064 - Pages: 5
Business Economics GM545 FALL TERM Chapter 15: Q14 There is a lot to be said about being a part of a national estimation or basic "guesstimation "in my mind. Any time there is a standard that is based on a calculation of how much the average versus the absolute, and then you are always going to have a situation where the guess may not be as all inclusive as needed be. When Richard Stone came up with the system to gauge how much is being spent in each household and funneling back into the
Words: 1168 - Pages: 5
Ahmed Shaqo Business Economics GM545 Spring session A 2012 Adam.gmail.com Chapter-25 question 14 Why might protections trade barriers not save American jobs or benefit the economic? First of all I would like to defined what protection trade barriers means, it’s a measure that government or public authorities introduce to make imported goods or service less competitive than locally produce goods or service. The government has much way to apply trade barriers such as Tariffs, quotas,
Words: 1008 - Pages: 5
Will It Get Any Better Soon? : Unemployment Rates Ariel Cooper Business Economics GM545 Summer 2011 alcoop86@gmail.com Chapter 16, Question 5 In the US economy there is always some level of unemployment present. There are people losing jobs, leaving jobs, taking temporary hiatus from employment, on a daily basis. For the purpose of this exercise will be taking an in depth look at what a specific type of unemployment entails. This unemployment type is called Frictional unemployment. Let’s
Words: 1107 - Pages: 5
Kelly L. Hester Business Economics GM545 January 2013 kellyl.hester@gmail.com Q1 – Everyone’s Gasoline Problem Gas prices fluctuate almost daily. Along with it are the pain and frustration of having to fill up my Jeep with gas weekly while hoping to get the lowest price in town. In my quest I have narrowed it down to the HESS station on one corner where there are two other competing gas stations in the city in which I live and the HESS station in the city where I work which are about
Words: 938 - Pages: 4
Randy M. Little Business Economics GM545 randym.little@gmail.com Why is frictional unemployment important? To discuss why frictional unemployment is important to the economy, one must understand what the terms mean. Frictional unemployment is when people are unemployed because they are seeking better positions. These individuals could be recent college graduates or people who are between jobs/waiting to start a new position (voluntary or involuntary). Stay at home parents returning to work
Words: 992 - Pages: 4
Diera Kelley Business Economics GM545 Session-July 2012 Dvkelley@yahoo.com Exercise 1 Everyone’s Gasoline Problem In 2003 average gasoline prices in the city of phoenix was a $1.52 and peaked to $2.11 per gallon. On July 30 a pipeline rupture, due to slow repairs, reduced the supply of gasoline causing dramatic price increases. With only two sources of gasoline, one from west Texas and the other from the west coast,
Words: 1136 - Pages: 5
Business Economics GM545 Summer Session A July 2011 One Question One: Everyone’s Gasoline Problem Gas prices are constantly fluctuating with reviewing the text we see where the United States has depended on the Middle East to purchase the crude oil to manufacture the gas needed to fuel our cars. (Stone, 2007) It was evident that there were issues during the years of 2006 and 2007 when we seen the biggest rise in gas at that time there was not much we could do we needed to purchase the gas
Words: 1334 - Pages: 6
Course Project Part 1 GM545 Business Econcomics (Fall Session A 2010) November 9, 2010 Ethical Issues in Business Ethics is an everyday occurrence in the corporate world as well as one's personal life. Business ethics is the same as normal ethics. In both cases, ethics is knowing what is right or wrong, and/or learning what is right or wrong in the environment in which one is involved. An ethical issue may not have a concrete answer; therefore a person's decision may depend on that person's
Words: 1194 - Pages: 5
