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Business Questions and Answers

Why do we study ethics?

What is the status of HRM in India? 

If both supply and demand increase at the same time, what will happen?

What are the advantages and disadvantages of capitalist democracy?

"Management is an art of getting things done through people." Do you think this definition is adequate for the present-day concept of management?

What is the role of business in the economy?

Characteristics Of Capitalist Democracy

What is the difference between Mcgregor's Theory X and Theory Y and Maslow's hierarchy of needs? How does this particularly apply to management?

How does globalization affect you and me?

What is the difference between a plan, a project and a program?

Compare and contrast globalization and regionalization.

What are some public functions that might benefit from more competition, including competition from private firms?

What is the relationship between quality and productivity?

Why is price elasticity of demand important to firms?

Conduct a value chain analysis for Five Guys. What are its primary activities? What are its support activities? Identify the activities that add the most value for the customer. Why? Which activities help Five Guys to build its differentiated brand? Why?

What is John Dunlop's Industrial Relations Systems about? What is he trying to say about the relationships with the actors and the ideologies?

What is the difference between business administration and public administration?

Explain why the role of a consumer is important in an economic system.

What are some basic examples of a global network?

Explain management of data processing systems in business organizations?

Discus the interrelationship of different business functions and how it helps to enhance business success.

What can businesses do to prevent unexpected problems in dealing with sociocultural, economic and financial forces in global markets?  

Do individuals making staffing decisions have an ethical responsibility to know measurement issues related to human resources?

About 95 percent of the world's population lives outside the United States, but many US companies, especially small businesses, still do not engage in global trade. Why not? Do you think more small businesses will participate in global trade in the future? Why or why not?

Please evaluate the following statement: Managers should not focus on current stock value because it leads to an over-emphasis on short-term profits at the expense of long-term profits.    

What is the definition of environment uncertainty, with examples?

What are some advantages and disadvantages that come to Nike as a company because of international business.

Compare and contrast the classical and human relations theories of management.

I need some examples of economic decisions made by the individual, the family, and the country.

The average variable cost curve and the average total cost get closer to each other as output increases. What explains this?

Please explain why efficiency and effectiveness are important to management.  

The goal of financial management is to maximize the current value of the firm's stock. Why is the goal not to maximize the future value of the firm's stock?

How does economics relate to business? 

What are some barriers to entry in the fashion retail industry?

Difference Between Capital And Investment

How does the culture of a country influence the costs of doing business in that country? Provide examples in your answer.

Case Study: Health-Time

Describe the main factors affecting tourism demand.

Please explain how surveys and the observation approach compare and contrast with one another.

Compare and contrast personal and non-personal communication channels. How would you use each channel type to promote a political candidate?

What are the differences between procedure and method? (Business studies)

Describe each of the four different process strategies, give an example of each, and show how each example has the characteristics of the particular strategy.

If a company sells its products only from a website, which is accessible over the internet to customers all over the world, does it still need to worry about having a specific target market?

Give an example of any product that fulfills or matches Garvin's eight (8) dimensions of a quality product.  

2. What is the nature of costs in the airline industry? How does this affect pricing decisions? 3. How do the nature of the airline market and the demand for airline service affect Southwest’s decisions? 4. What general pricing approaches have airlines pursued? 5. What pricing and other marketing recommendations would you make to Southwest as it enters the Philadelphia market?

What is the meaning of (a) 1/15, n/60; (b) n/30; (c) n/eom?

Why is the average cost curve u-shaped?  

What is the difference between a closed internal recruitment system and an open internal recruitment system?

In today's environment, which is more important to organizations, efficiency or effectiveness? 

What is the role of business in national development?